Document:

exv10w8

Exhibit 10.8

NOTE EXCHANGE AGREEMENT

     This NOTE EXCHANGE AGREEMENT (this “Agreement”), is made and entered into as of
October 6, 2009 by and among Viasystems Group, Inc., a Delaware corporation (“Group”),
Maple Acquisition Corp., an Oregon corporation (the “Company”), and the entities listed on
Schedule I attached hereto (each a “Noteholder” and collectively the
“Noteholders”).

RECITALS

     WHEREAS, the Noteholders hold, in the aggregate, $68,590,000 principal amount of the 4%
Convertible Senior Subordinated Notes due 2013 (the “Notes”) of Merix Corporation, an
Oregon corporation (“Merix”), issued pursuant to the Indenture dated as of May 16, 2006
(the “Indenture”) between Merix and U.S. Bank National Association, as Trustee (the
“Trustee”);

     WHEREAS, concurrently with the execution of this Agreement, Group, the Company and Merix are
entering into that certain Agreement and Plan of Merger of even date herewith (the “Merger
Agreement”), pursuant to which the Company will be merged with and into Merix, with Merix being
the surviving corporation (the “Merger”); and

     WHEREAS, immediately prior to, and conditioned upon, the consummation of the Merger and
subject to the terms and conditions set forth herein, each of the Noteholders desires to transfer
to the Company, and the Company desires to acquire, the Notes held by such Noteholder in exchange
for, in respect of each $1,000 of principal amount of Notes exchanged pursuant to this Agreement,
either (a) (i) 29.158 shares of common stock, par value $0.01 per share, of Group (the “Common
Stock”) and (ii) $416.82 in cash (the “Stock/Cash Exchange”) or (b) $722.99 in cash
(the “Cash Exchange” and together with the Stock/Cash Exchange, the “Exchange”).

AGREEMENT

     NOW, THEREFORE, in consideration of the mutual covenants and agreements contained herein and
for other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, the parties hereto agree as follows:

     1. Exchange. Subject to the terms and conditions set forth in this Agreement, at
Closing, each Noteholder will assign, transfer and deliver all its right, title and interest in and
to the Notes held by such Noteholder as set forth opposite the name of such Noteholder on
Schedule I hereto (the “Exchange Notes”) to the Company free and clear of all
mortgages, liens, pledges, security interests, charges, claims, restrictions and encumbrances of
any nature whatsoever (collectively, “Liens”), against (a) in the case of the Stock/Cash
Exchange, issuance and delivery to such Noteholder of the shares of Common Stock (the “Acquired
Shares”) and payment of the cash consideration (the “Partial Cash Consideration”) set
forth opposite the name of such Noteholder on Schedule I hereto (the “Stock/Cash
Electing Noteholder”) and (b) in the case of the Cash Exchange, payment of the cash
consideration (the “Full Cash Consideration”) set forth opposite the name of such
Noteholder on Schedule I hereto (the “Cash Electing Noteholder”), in each case, in
accordance with Section 2 hereof.

 

 

     2. Issuance of Acquired Shares and Payment of Cash Consideration. Subject to the
terms and conditions set forth in this Agreement, (a) in the case of the Stock/Cash Exchange, Group
will issue, on behalf of the Company, the Acquired Shares to the Stock/Cash Electing Noteholders
and the Company will deliver the certificates representing such Acquired Shares and pay the Partial
Cash Consideration to the Stock/Cash Electing Noteholders against transfer and delivery of the
Exchange Notes in accordance with Section 1 hereof and (b) in the case of the Cash
Exchange, the Company will pay the Full Cash Consideration to the Cash Electing Noteholders against
transfer and delivery of the Exchange Notes in accordance with Section 1 hereof. Each
Stock/Cash Electing Noteholder hereby acknowledges and agrees that receipt of the Acquired Shares
and Partial Cash Consideration shall constitute complete satisfaction of all obligations or any
other sums due to such Noteholder with respect to the applicable Exchange Notes from Group, the
Company, Merix or otherwise. Each Cash Electing Noteholder participating in the Cash Exchange
hereby acknowledges and agrees that receipt of the Full Cash Consideration shall constitute
complete satisfaction of all obligations or any other sums due to such Noteholder with respect to
the applicable Exchange Notes from Group, the Company, Merix or otherwise.

     3. Closing. The closing of the exchange (the “Closing”) shall take place at
the offices of Weil, Gotshal & Manges LLP, 200 Crescent Court, Suite 300, Dallas, Texas 75201 (or
at such other place upon which the parties hereto may mutually agree), immediately prior to, and
conditioned upon, the consummation of the Merger.

          a. Company Deliveries. On or prior to the Closing, the Company shall deliver to each
Stock/Cash Electing Noteholder’s custodian, which custodian shall be designated in writing by each
Stock/Cash Electing Noteholder not less than five (5) business days prior to the Closing, one or
more stock certificates representing the applicable Acquired Shares registered in the name of such
Stock/Cash Electing Noteholder (or such other name as any Noteholder may reasonably request), which
certificates shall be held in escrow by such custodians until the Company releases such
certificates upon the Closing. At the Closing, the Company shall pay (i) to each Stock/Cash
Electing Noteholder in cash by wire transfer in immediately available funds an amount equal to the
applicable Partial Cash Consideration and (ii) to each Cash Electing Noteholder in cash by wire
transfer in immediately available funds an amount equal to the applicable Full Cash Consideration.

          b. Noteholder Deliveries. At the Closing, each Noteholder shall effect by book entry,
in accordance with the applicable procedures of the Depository Trust Company, the delivery to the
Company (or its transfer agent or designee) of the Exchange Notes owned by such Noteholder and all
other documents and instruments reasonably requested by the Company to effect the transfer of the
Exchange Notes to the Company.

     4. Representations and Warranties of the Noteholders. Each Noteholder, severally, but
not jointly, represents and warrants to the Company and Group as follows:

          a. Title to Notes. Such Noteholder is the beneficial owner of the Exchange Notes set
forth opposite such Noteholder’s name on Schedule I hereto, and such Exchange Notes held by
such Noteholder are free and clear of all Liens. Other than this Agreement, such Noteholder is not
party to any other agreement, commitment or understanding relating to the

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sale, delivery, repurchase or transfer of the Exchange Notes. Such Noteholder has not, in
whole or in part, (i) assigned, transferred, hypothecated, pledged or otherwise disposed of the
Exchange Notes or its rights in such Exchange Notes or (ii) given any person or entity any transfer
order, power of attorney or other authority of any nature whatsoever with respect to such Exchange
Notes. The Exchange Notes set forth opposite such Noteholder’s name on Schedule I hereto
represent all of the Exchange Notes owned, directly or indirectly, by such Noteholder.

          b. Existence; Authority; Binding Effect. Such Noteholder is duly incorporated or
organized, validly existing and in good standing under the laws of its jurisdiction of
organization. Such Noteholder has full legal capacity, power and authority to execute and deliver
this Agreement and any other agreements or instruments executed by it in connection herewith and to
consummate the transactions contemplated herein or therein. This Agreement is, and the other
agreements and instruments executed by such Noteholder in connection herewith will each be, a valid
and binding obligation of such Noteholder enforceable in accordance with its respective terms,
except as enforcement thereof may be limited by bankruptcy, insolvency, reorganization, fraudulent
conveyance, moratorium or other similar laws relating to or affecting enforcement of creditors’
rights generally and except as enforcement thereof is subject to general principles of equity
(regardless of whether enforcement is considered in a proceeding in equity or at law).

          c. No Violation. Neither the execution and delivery of this Agreement by such
Noteholder, nor the exchange of the Exchange Notes owned by such Noteholder pursuant to this
Agreement, will (i) result in a default (or give rise to any right of termination, cancellation or
acceleration) under any of the terms, conditions or provisions of any agreement, lease or other
instrument or obligation to which such Noteholder is a party, or (ii) violate any law, order, writ,
injunction or decree applicable to such Noteholder or any of such Noteholder’s assets, except in
the case of clause (i) for such defaults (or rights of termination, cancellation or acceleration)
as to which requisite waivers or consents have been obtained and are in full force and effect, and
except in the case of clauses (i) and (ii), for any such defaults (or rights of termination,
cancellation or acceleration) or violations that are not reasonably expected to prevent or delay
the consummation of any of the transactions contemplated by this Agreement.

          d. Transfer Restrictions. The Acquired Shares to be issued are intended to be exempt
from registration pursuant to Section 4(2) of the Securities Act of 1933, as amended (the
“Securities Act”). Such Stock/Cash Electing Noteholder acknowledges that the Acquired
Shares are restricted securities and may only be disposed of in compliance with state and federal
securities laws, and that in connection with any transfer of Acquired Shares other than pursuant to
an effective registration statement, Group may require the transferor thereof to provide to Group
documents or other support, including, but not limited to, certain representations by the
Noteholder, reasonably requested by Group. Such Stock/Cash Electing Noteholder acknowledges and
agrees that the Acquired Shares will contain a legend indicating that the Acquired Shares have not
been registered with the U.S. Securities and Exchange Commission (the “Commission”) or the
securities commission of any state in reliance upon an exemption from registration under the
Securities Act, and, accordingly, may not be offered or sold except pursuant to an effective
registration statement under the Securities Act or pursuant to an available exemption from, or in a
transaction not subject to, the registration requirements of the Securities Act and in accordance
with applicable state securities laws.

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          e. Ability to Bear Risk and Sophistication. Such Noteholder understands that the
Exchange involves substantial risk. Such Noteholder has such knowledge and experience in financial
and business matters and/or a relationship with the Company and Group as to be capable of
evaluating the merits and risks of its participation in the Exchange. Such Noteholder may be
required to bear the economic risk of this investment indefinitely and has independently concluded
that it is financially able to bear those risks indefinitely.

          f. Qualified Institutional Buyer; Accredited Investor. Except as to the Noteholders
that are identified as a “Non-Qualified Institutional Buyer” on its respective signature page or
related Schedule II to this Agreement, which such Noteholder is an “accredited investor”
for purposes of Rule 501(a) of Regulation D under the Securities Act, each Noteholder is a
“qualified institutional buyer” within the meaning of Rule 144A under the Securities Act (a
“Qualified Institutional Buyer”).

          g. Investment Intent. Such Stock/Cash Electing Noteholder is acquiring the Acquired
Shares under this Agreement for its own account, for passive investment purposes only, not with a
view to, or for resale in connection with, any distribution thereof in violation of the Securities
Act and the rules and regulations of the Commission promulgated thereunder.

          h. No Brokers or Finders. Such Noteholder has not incurred or become liable for any
broker’s commission or finder’s fee relating to the transactions contemplated by this Agreement.

          i. Advice. Each Noteholder acknowledges, agrees, represents and warrants that it has
completed its own independent inquiry and has relied fully upon the advice of its own legal
counsel, accountant, financial and other advisors in determining the legal, tax, financial and
other consequences of this Agreement and the transactions contemplated hereby and the suitability
of this Agreement and the transactions contemplated hereby for such Noteholder and its particular
circumstances. Each Noteholder further acknowledges and agrees that (i) Group, the Company and
Merix intend to treat the Merger as a “reorganization” (within the meaning of Section 368 of the
Internal Revenue Code of 1986, as amended) for federal income tax purposes and the Exchange as an
exchange of “securities” for cash and stock as a part of that “reorganization,” (ii) such treatment
will, if sustained, result in a deferral of any taxable loss that would otherwise be allowable to
the Noteholder if the Merger did not constitute a “reorganization,” and (iii) Noteholder shall take
no action or tax reporting position inconsistent with the treatment of the Merger and Exchange as
part of a “reorganization.”

     5. Representations and Warranties of the Viasystems Parties. Group and the Company
(each a “Viasystems Party” and collectively the “Viasystems Parties”) jointly and
severally represent and warrant to the Noteholders as follows:

          a. Existence; Authority; Binding Effect. Each Viasystems Party is (i) duly
incorporated or organized, validly existing and in good standing under the laws of its jurisdiction
or organization and has full power and authority to own, lease and operate its properties and to
carry on its business as it is now being conducted and (ii) duly qualified or licensed as a foreign
corporation to do business, and is in good standing, in each jurisdiction where the character of
the properties owned, leased or operated by it or the nature of its business makes such

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qualification or licensing necessary, except for any such failures to be so qualified or
licensed and in good standing as that, individually or in the aggregate, have not had and would not
reasonably be expected to have a Material Adverse Effect (as defined below) on such Viasystems
Party. Group owns, beneficially and of record, directly or indirectly all of the outstanding
capital stock of its subsidiaries, including, without limitation, Viasystems, Inc.
(“Viasystems”). Each Viasystems Party has full legal capacity, power and authority to
execute and deliver this Agreement and any other agreements or instruments executed by it in
connection herewith and to consummate the transactions contemplated herein or therein. This
Agreement and the other agreements and instruments executed by such Viasystems Party in connection
herewith will each be a valid and binding obligation of such Viasystems Party enforceable in
accordance with its respective terms, except as enforcement thereof may be limited by bankruptcy,
insolvency, reorganization, fraudulent conveyance, moratorium or other similar laws relating to or
affecting enforcement of creditors’ rights generally and except as enforcement thereof is subject
to general principles of equity (regardless of whether enforcement is considered in a proceeding in
equity or at law).

          b. No Violation. Except as disclosed in the Merger Agreement, the execution, delivery
and performance of this Agreement and any other agreements or instruments executed by the
Viasystems Parties in connection with this Agreement and the consummation of the transactions
contemplated hereby do not and will not conflict with, or result in any violation of, or default
(with or without notice or lapse of time, or both) under or give rise to a right of termination,
cancellation, modification or acceleration of any obligation or to a loss of a benefit under, or
result in the creation of any lien upon any of the properties or assets of the Viasystems Parties
or any of their subsidiaries under (i) the certificate of incorporation, bylaws or other
organizational documents of the Viasystems Parties or any of their subsidiaries (as such documents
may be amended prior to the closing of the Merger in accordance with the terms of the Merger
Agreement); (ii) any law, order, writ, injunction or decree applicable to the Viasystems Parties or
any of their subsidiaries or by which any property or asset of the Viasystems Parties or any of
their subsidiaries is bound or affected; or (iii) any note, bond, mortgage, indenture, contract,
agreement, lease, license, permit, franchise, or other instrument or obligation to which the
Viasystems Parties or any of their subsidiaries is a party or by which the Viasystems Parties or
any of their subsidiaries or any property or asset of the Viasystems Parties or any of their
subsidiaries is bound or affected, except, in the case of clauses (ii) and (iii), for any such
conflicts, violations, breaches, defaults, events, losses, payments, cancellations, encumbrances,
or other occurrences that are not, individually or in the aggregate, reasonably expected to (A)
have a material adverse effect on the assets, liabilities, condition (financial or otherwise),
business or results of operations of such Viasystems Party and its subsidiaries taken as a whole,
or (B) prevent or materially delay the consummation of any of the transactions contemplated by this
Agreement (collectively, a “Material Adverse Effect”).

          c. No Conflict. Neither the Viasystems Parties nor any of their subsidiaries are in
conflict with, or in default or violation of, any law, order, or agreement applicable to them or by
which any property or asset of the Viasystems Parties or their subsidiaries are bound or affected,
except for such conflicts, defaults, or violations that are not, individually or in the aggregate,
reasonably expected to have a Material Adverse Effect.

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          d. Capitalization.

          (i) As of the time of the Closing, the authorized capital stock of Group will consist of
100,000,000 shares of Common Stock and 25,000,000 shares of preferred stock, par value $0.01 per
share. As of the time of the Closing, after giving effect to the consummation of the Exchange, the
Merger and assuming that there were no fractional shares cashed out pursuant to the Merger
Agreement or the Recapitalization Agreement, (A) 20,000,000 shares of Common Stock will be issued
and outstanding and (B) no shares of preferred stock of Group will be issued and outstanding. As
of the Closing, all outstanding shares of Common Stock will have been duly authorized and validly
issued and will be fully paid and nonassessable and will have been issued in compliance with all
applicable preemptive, participation, rights of first refusal and other similar rights.

          (ii) Except as disclosed in the Merger Agreement, there are (A) no securities, options,
warrants, calls, pre-emptive exchange, conversion, purchase or subscription rights, or other
rights, agreements, arrangements or commitments of any kind, contingent or otherwise, that could
require Group to issue, sell or otherwise cause to become outstanding, any shares of capital stock
or other equity or debt interest in Group or require Group to grant or enter into any such option,
warrant, call, subscription, conversion, purchase or other right, agreement, arrangement or
commitment, and no authorization has been given therefor, and (B) no commitments or agreements of
any kind to which Group or any subsidiary is bound obligating Group to either (i) repurchase,
redeem or otherwise acquire any shares of the Group’s capital stock or (ii) accelerate the vesting
or exercisability of any instrument referred to in clause (A) of this paragraph as a result of this
Agreement, either alone or upon the occurrence of any additional subsequent events.

          (iii) Except as disclosed in the Merger Agreement, there are no voting trusts, stockholder
agreements, proxies or other agreements or understandings in effect regarding the governance, the
voting or transfer of any shares of capital stock or any other equity interests in, or any rights
or obligations of any equity holders of, Group.

          e. Issuance of the Acquired Shares. Upon transfer of the Exchange Notes as
contemplated hereunder, the Acquired Shares will be duly authorized, validly issued, fully paid and
nonassessable and free of restrictions on transfer other than restrictions on transfer under
applicable federal and state securities laws and under Section 6(b) hereof or any Liens
created or imposed by the Noteholder.

          f. Offering. Subject to the accuracy of the Noteholders’ representations and
warranties in Section 4 hereof, the offer, exchange and issuance of the Acquired Shares
constitute transactions exempt from the registration requirements of Section 5 of the Securities
Act and will be issued in compliance with all applicable federal and state securities laws.

          g. No Solicitation. No form of general solicitation or advertising (within the
meaning of Regulation D under the Securities Act) has been or will be used by such Viasystems Party
or any of its representatives in connection with the offer or sale of any of the Acquired Shares,
including, without limitation, articles, notices or other communications published in any

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newspaper, magazine or similar medium or broadcast over television or radio, or any seminar or
meeting whose attendees have been invited by any general solicitation or general advertising.

          h. Litigation. Except as disclosed in the Merger Agreement, there is no material
action, suit, claim, inquiry, investigation, audit or proceeding by or before any governmental
authority, or any arbitration, mediation or other similar proceeding (each, an “Action”)
or, to the knowledge of the Viasystems Parties, threatened or pending against the Viasystems
Parties and their subsidiaries, or any material property or asset of the Viasystems Parties and any
of their subsidiaries, taken as a whole, nor to the knowledge of the Viasystems Parties is there
any event, circumstance or fact existing or that has occurred that would reasonably be expected to
result in an Action against the Viasystems Parties or their subsidiaries. As of the date hereof,
there is no Action pending, or to the knowledge of the Viasystems Parties, threatened that seeks to
prevent, hinder, modify, delay or challenge the transactions contemplated hereby or any action
taken or to be taken pursuant thereto. As of the Closing Date, no law, injunction, judgment or
ruling enacted, promulgated, issued, entered, amended or enforced by any governmental authority
shall be in effect enjoining, restraining, preventing or prohibiting consummation of the Merger or
the transactions contemplated by this Agreement or making the consummation of the Merger illegal.

          i. Stockholder Lock-Up. Pursuant to that certain Recapitalization Agreement, entered
into on the date hereof, certain stockholders of Group holding a majority of the shares of capital
stock of Group have agreed that they will, in accordance with the terms of the Recapitalization
Agreement, enter into a stockholder agreement substantially in the form attached as Exhibit C to
the Merger Agreement (the “Stockholder Agreement”), pursuant to which such stockholders
will not, subject to certain exclusions substantially similar to the exclusions set forth in
Section 6(b) hereof, transfer any shares of capital stock of Group acquired, directly or
indirectly, in connection with the transactions contemplated by the Merger (the “Stockholder
Lock-Up Shares”) during the period commencing on the day of the closing of the Merger and
ending one hundred eighty (180) days after the closing of the Merger (the “Stockholder Lock-Up
Restriction”).

          j. SEC Documents. Viasystems has filed and furnished all required reports, schedules,
forms, certifications, prospectuses, and registration, and other statements with the SEC since
January 1, 2006 (collectively and together with all documents filed on a voluntary basis on Form
8-K, and in each case including all exhibits and schedules thereto and documents incorporated by
reference therein, the “Viasystems SEC Documents”). Other than Viasystems, as required
pursuant to that certain Indenture, dated as of December 17, 2003, among Group, the guarantors
party thereto, and The Bank of New York, as Trustee, as amended and supplemented, neither Group nor
any of its subsidiaries is required to file periodic reports with the Commission pursuant to the
Exchange Act. As of their respective effective dates (in the case of Viasystems SEC Documents that
are registration statements filed pursuant to the requirements of the Securities Act) and as of
their respective Commission filing dates (in the case of all other Viasystems SEC Documents), the
Viasystems SEC Documents complied in all material respects with the requirements of the Exchange
Act, the Securities Act and the Sarbanes-Oxley Act of 2002, as the case may be, applicable to such
Viasystems SEC Documents, and none of the Viasystems SEC Documents as of such respective dates
contained any untrue statement of a material fact or omitted to state a material fact required to be stated therein or necessary
in order

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to make the statements therein, in light of the circumstances under which they were made,
not misleading.

          k. Undisclosed Liabilities. Neither Group nor any of its subsidiaries has any
liabilities or obligations of any nature (whether accrued, absolute, contingent or otherwise,
whether known or unknown) whether or not required, if known, to be reflected or reserved against on
a consolidated balance sheet of Group prepared in accordance with GAAP or the notes thereto, except
liabilities (i) as and to the extent reflected or reserved against on the audited balance sheet of
Group and its subsidiaries as of December 31, 2008 (the “Group Balance Sheet Date”)
(including the notes and schedules thereto) or (ii) incurred after the Group Balance Sheet Date in
the ordinary course of business consistent with past practice that, individually or in the
aggregate, have not had and would not reasonably be expected to have a Material Adverse Effect.

     6. Covenants.

          a. Restrictions on Transfer. From the date hereof until any termination of this
Agreement in accordance with its terms, each Noteholder agrees that it shall not directly or
indirectly (i) sell, transfer (including by operation of law), give, pledge, encumber, assign or
otherwise dispose of, or enter into any contract, option or other arrangement or understanding with
respect to the sale, transfer, gift, pledge, encumbrance, assignment or other disposition of, any
Exchange Notes (or any right, title or interest thereto or therein) or (ii) agree (whether or not
in writing) to take any of the actions referred to in the foregoing clause (i) of this Section
6(a), unless (A) the assignee agrees to assume all obligations of the Noteholder hereunder with
respect to the transferred Exchange Notes, (B) the assignee is a Qualified Institutional Buyer and
(C) the Noteholder promptly notifies the Company and Group of such transfer and provides written
confirmation by the assignee of the matters specified in clauses (A) and (B) of this Section
6(a).

          b. Lock-Up. Each Stock/Cash Electing Noteholder agrees that it will not, with respect
to one-third (1/3) of its Acquired Shares (the “75 Day Lock-Up Shares”), during the period
commencing on the day of the Closing and ending seventy-five (75) days after the day of the
Closing, and with respect to another one-third (1/3) of its Acquired Shares (the “150 Day
Lock-Up Shares” and together with the 75 Day Lock-Up Shares, the “Lock-Up Shares”),
during the period commencing on the day of the Closing and ending one hundred fifty (150) days
after the day of the Closing (i) offer, pledge, sell, contract to sell, sell any option or contract
to purchase, purchase any option or contract to sell, grant any option, right or warrant to
purchase, lend, or otherwise transfer or dispose of, directly or indirectly, its Lock-Up Shares,
including, without limitation, pursuant to the registration statement referenced in Section
6(c) hereof, or (ii) enter into any swap or other arrangement that transfers to another, in
whole or in part, any of the economic consequences of ownership of the Lock-Up Shares, whether any
such transaction described in clause (i) or (ii) above is to be settled by delivery of the Lock-Up
Shares or other securities, in cash or otherwise. The foregoing sentence shall not apply to (A)
transactions relating to shares of Common Stock or other securities acquired after the closing of
the Merger, (B) transfers of the Lock-Up Shares or any security convertible into the Lock-Up Shares
as a bona fide gift or gifts, (C) transfers of the Lock-Up Shares or any security convertible into
the Lock-Up Shares to affiliates, (D) distributions of the Lock-Up Shares or any security
convertible into the Lock-Up Shares to direct or indirect limited partners, stockholders or members of the

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undersigned and (E) dispositions that may be effected in a tender offer or exchange offer made to
all holders of the Common Stock or in connection with a merger, consolidation, recapitalization,
redemption or other reclassification involving the Company’s securities; provided that in the case
of any transfer or distribution pursuant to clause (B), (C) or (D), each donee, transferee or
distributee shall execute and deliver to Group a letter whereby such donee, transferee or
distributee agrees to be bound by the same restrictions on such Noteholder as set forth in this
Section 6(b). For the avoidance of doubt, such transfer or distribution shall not require
the consent of Group or any of its affiliates. Such Stock/Cash Electing Noteholder agrees and
consents to the entry of stop transfer instructions with Group’s transfer agent and registrar
against the transfer of the undersigned’s Lock-Up Shares except in compliance with the foregoing
restrictions. Notwithstanding anything in this Section 6(b) to the contrary, (i) if,
beginning on the forty-fifth (45th) day after the Closing Date, the daily trading volume of the
Common Stock on the NASDAQ Global Market or another national securities exchange on which the
Common Stock is then listed or admitted to trading exceeds 3% of the total shares of Common Stock
outstanding for eight (8) consecutive Trading Days or (ii) if the Stockholder Agreement is
terminated or the provisions therein amended in such a manner that the Stockholder Lock-Up Shares
are no longer subject to the Stockholder Lock-Up Restriction, then this Section 6(b) shall
be inapplicable.

          c. Registration Rights. Group agrees to file, to use its commercially reasonable
effort to have declared effective and to maintain a “resale” registration statement for the benefit
of the holders of the Acquired Shares pursuant to Annex A hereto, which is incorporated
herein by reference. The parties hereto agree that they will be bound by such registration rights
provisions.

          d. Press Release. The Company and the Noteholders agree that the Company shall issue
a press release announcing the Exchange prior to the opening of the financial markets in New York
City no later than the business day immediately after the date hereof; provided that such
press release does not identify the Noteholders.

     7. Conditions to Closing.

          a. The obligation of each of the Noteholders to deliver the Exchange Notes and consummate the
transactions contemplated herein shall be subject to the satisfaction (or waiver by such
Noteholders) of each of the following conditions:

          (i) the representations and warranties of the Viasystems Parties contained in Section
5 hereof that are qualified as to materiality or Material Adverse Effect shall be true and
correct in all respects on and as of the date hereof and the date of Closing, with the same force
and effect as though made on and as of such date, except to the extent that any representation or
warranty is made as of a specified date, in which case such representation or warranty shall be
true and correct as of such specified date, and the representations and warranties that are not so
qualified shall be true and correct in all material respects on and as of the date hereof and the
date of Closing, with the same force and effect as though made on and as of such date, except to
the extent that any representation or warranty is made as of a specified date, in which case such
representation or warranty shall be true and correct in all material respects as of such specified

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date, and each Viasystems Party shall have performed or complied with, in all material
respects, its covenants required to be performed or complied with under this Agreement;

          (ii) all conditions precedent to the Merger shall have been satisfied or waived and all
deliveries and actions to occur in connection with the consummation of the Merger pursuant to the
Merger Agreement shall have been completed, with the exception of the filing of the articles of
merger with the Oregon Secretary of State, which shall occur immediately following the Closing
hereunder; and

          (iii) since the date of this Agreement, there shall not have been any state of facts, event,
change, effect, development, condition or occurrence that, individually or in the aggregate, has
had or would reasonably be expected to have a Material Adverse Effect.

          b. The obligation of the Viasystems Parties, as applicable, to issue the Acquired Shares and
pay the Partial Cash Consideration to the Stock/Cash Electing Noteholders, pay the Full Cash
Consideration to the Cash Electing Noteholders and consummate the transactions contemplated herein
shall be subject to the satisfaction (or waiver by the Viasystems Parties) of each of the following
conditions:

          (i) the representations and warranties of the Noteholders contained in Section 4 shall
be true and correct in all material respects on and as of the date hereof and the date of Closing,
with the same force and effect as though made on and as of such date, except to the extent that any
representation or warranty is made as of a specified date, in which case such representation or
warranty shall be true and correct as of such specified date, and the Noteholders shall have
performed or complied with, in all material respects, their covenants required to be performed or
complied with under this Agreement; and

          (ii) all conditions precedent to the Merger shall have been satisfied or waived and all
deliveries and actions to occur in connection with the consummation of the Merger pursuant to the
Merger Agreement shall have been completed, with the exception of the filing of the articles of
merger with the Oregon Secretary of State, which shall occur immediately following the Closing
hereunder.

     8. Termination.

          a. This Agreement and the rights and obligations of the parties hereto shall automatically
terminate and be of no further force and effect upon the termination of the Merger Agreement in
accordance with its terms without any action by the parties hereto.

          b. This Agreement may be terminated by either the Viasystems Parties or any Noteholder if the
Closing has not occurred on or before April 30, 2010; provided, however, that the
terminating party is not in breach of its obligations hereunder in any material respect.

          c. This Agreement may be terminated by the Viasystems Parties if any condition to the
Viasystems Parties’ obligations hereunder becomes incapable of fulfillment.

10

 

          d. This Agreement may be terminated by the Noteholders holding a majority in interest of the
Notes if any condition to the Noteholders’ obligations hereunder becomes incapable of fulfillment.

     9. Miscellaneous.

          a. Amendments and Waivers. Amendments or modifications to this Agreement may only be
made, and compliance with any term, covenant, agreement, condition or provision set forth herein
may only be omitted or waived (either generally or in a particular instance and either
retroactively or prospectively), upon the written consent of each party hereto.

          b. Notices. All notices, requests, consents, reports and demands shall be in writing,
shall be deemed effectively given upon receipt and shall be hand delivered, sent by facsimile or
other electronic transmission (provided confirmation of transmission is mechanically or
electronically generated and kept on file by the sending party), or mailed, postage prepaid, to the
Noteholders at the applicable addresses and facsimile numbers or email addresses set forth on
Schedule I or to the Viasystems Parties at the address set forth below or, in each case, to
such other address and/or facsimile number as may be furnished in writing to the other parties
hereto:

          If to the Viasystems Parties:

Viasystems Group, Inc.

101 South Hanley Road, Suite 400

St. Louis, Missouri 63105

Attention: General Counsel

Facsimile: 314-746-2251

          with a copy to:

Weil, Gotshal & Manges LLP.

200 Crescent Court, Suite 300

Dallas, Texas 75201

Attention: R. Scott Cohen

Facsimile: 214-746-7777

          c. Titles and Headings. The section headings herein are for convenience only and
shall not affect the construction hereof.

          d. Execution in Counterparts. This Agreement may be executed in multiple
counterparts, each of which shall constitute an original but all of which together shall constitute
but one and the same instrument. Multiple counterparts of this Agreement may be delivered via
telecopier or other electronic means, with the intention that they shall have the same effect as an
original counterpart hereof.

          e. Governing Law; Jurisdiction; Jury Trial. This Agreement shall in all respects be
construed in accordance with and governed by the substantive laws of the State of New York, without
reference to any choice of law rules (whether of the State of New York or any other jurisdictions)
that would cause the application of the laws of any jurisdictions other

11

 

than the State of New York. Each party hereby irrevocably submits to the jurisdiction of the
state and federal courts sitting in The City of New York, Borough of Manhattan, for the
adjudication of any dispute hereunder or in connection herewith or with any transaction
contemplated hereby or discussed herein, and hereby irrevocably waives, and agrees not to assert in
any suit, action or proceeding, any claim that it is not personally subject to the jurisdiction of
any such court, that such suit, action or proceeding is brought in an inconvenient forum or that
the venue of such suit, action or proceeding is improper. Each party hereby irrevocably waives
personal service of process and consents to process being served in any such suit, action or
proceeding by mailing a copy thereof to such party at the address for such notices to it under this
Agreement and agrees that such service shall constitute good and sufficient service of process and
notice thereof. Nothing contained herein shall be deemed to limit in any way any right to serve
process in any manner permitted by law. EACH PARTY HEREBY IRREVOCABLY WAIVES ANY RIGHT IT MAY
HAVE, AND AGREES NOT TO REQUEST, A JURY TRIAL FOR THE ADJUDICATION OF ANY DISPUTE HEREUNDER OR IN
CONNECTION WITH OR ARISING OUT OF THIS AGREEMENT OR ANY TRANSACTION CONTEMPLATED HEREBY.

          f. Entire Agreement. This Agreement, including the Schedule and the Annex hereto
(which are an integral part hereof) and the non-disclosure agreements previously entered into by
each Noteholder embody the entire agreement and understanding of the parties hereto with respect to
the subject matter hereof and supersede all prior and contemporaneous oral or written agreements,
representations, warranties, contracts, correspondence, conversations, memoranda and understandings
between or among the parties or any of their agents, representatives or affiliates relative to such
subject matter, including, without limitation, any term sheets, emails or draft documents.

          g. Remedies Cumulative. Except as otherwise provided herein, all rights and remedies
of the parties under this Agreement are cumulative and without prejudice to any other rights or
remedies available at law.

          h. No Survival. The representations, warranties and agreements in this Agreement
shall terminate on the Closing or upon termination of this Agreement in accordance with Section
8, except that the agreements set forth in Sections 6 and 9 hereof shall
survive the Closing.

          i. Word Meanings. The words such as “herein,” “hereof,” and “hereunder” refer to this
Agreement as a whole and not merely to a subdivision in which such words appear unless the context
otherwise requires. The singular shall include the plural, and vice versa, unless the context
otherwise requires. The masculine shall include the feminine and neuter, and vice versa, unless
the context otherwise requires.

          j. Parties in Interest; Assignment. This Agreement binds and inures solely to the
benefit of each party hereto and its successors and assigns and nothing in this Agreement, express
or implied, is intended to or shall confer upon any other person any rights, benefits or remedies
of any nature whatsoever under or by reason of this Agreement. This Agreement may not be assigned
by any party without the prior written consent of the other parties (which consent shall not be
unreasonably withheld) except that this Agreement may be assigned without any

12

 

such written consent to (i) an affiliate of a Noteholder that agrees to be bound by the terms
of this Agreement; provided that prompt notice of such assignment to an affiliate is
provided to Group and (ii) an assignee, transferee, donee or distributee for purposes of
Sections 6(a) and 6(b) hereof. Any purported assignment without consent as
required by this Section 9(j) shall be null and void.

          k. Severability. In the event that one or more provisions of this Agreement shall be
deemed or held to be invalid, illegal or unenforceable in any respect under any applicable law,
this Agreement shall be construed with the invalid, illegal or unenforceable provision deleted, and
the validity, legality and enforceability of the remaining provisions contained herein shall not be
affected or impaired thereby.

          l. Further Assurances. From time to time, as and when requested by either party, the
other party will execute and deliver, or cause to be executed and delivered, all such documents and
instruments as may be reasonably necessary to consummate the transactions contemplated by this
Agreement.

          m. Payment of Expenses. Each party shall pay the fees and expenses of its advisors,
counsel, accountants and other experts, if any, and all other expenses, incurred by such party
incident to the negotiation, preparation, execution, delivery and performance of this Agreement.

          n. Specific Performance. It is understood and agreed by the parties hereto that money
damages would not be a sufficient remedy for any breach of this Agreement by the Viasystems Parties
or the Noteholders, as applicable, and the non-breaching party of the Viasystems Parties or the
Noteholders, as applicable, shall be entitled to specific performance and injunctive or other
equitable relief as a remedy of any such breach.

          o. Confidential Information. For purposes of confidentiality, Schedule II
shall be redacted from the copy of this Agreement received by each Noteholder, other than the
Noteholders that are referenced on Schedule II. Notwithstanding anything to the contrary
above, the Viasystems Parties shall receive a non-redacted copy of this Agreement.

          p. Independent Nature of the Noteholders’ Obligations and Rights. The obligations of
each Noteholder under this Agreement and any other documents or agreements relating to the
transactions contemplated by this Agreement are several and not joint with the obligations of the
other Noteholders, and such Noteholder shall not be responsible in any way for the performance of
the obligations of the other Noteholders under this Agreement or any documents relating to the
transactions contemplated by this Agreement. Nothing contained herein, or in any other documents
relating to this Agreement, and no action taken by any of the Noteholders pursuant hereto or
thereto, shall be deemed to constitute the Noteholders as, and the Viasystems Parties acknowledge
that the Noteholders do not so constitute, a partnership, an association, a joint venture or any
other kind of entity, or create a presumption that the Noteholders are in any way acting in concert
or as a group, and the Viasystems Parties will not assert any such claim and the Viasystems Parties
acknowledge that the Noteholders are not acting in concert or as a group with respect to such
obligations or the transactions contemplated

13

 

by this Agreement and the documents relating to the transactions contemplated by this
Agreement.

[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]

14

 

     IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written
above.

	 	 	 	 	 
	 	GROUP:

VIASYSTEMS GROUP, INC.

 	 
	 	By:  	/s/ Gerald G. Sax 	 
	 	 	Name:  	Gerald G. Sax 	 
	 	 	Title:  	Senior Vice President and

Chief Financial Officer 	 
	 

SIGNATURE PAGE TO

NOTE EXCHANGE AGREEMENT

 

 

	 	 	 	 	 
	 	COMPANY:

MAPLE ACQUISITION CORP.

 	 
	 	By:  	/s/ Gerald G. Sax 	 
	 	 	Name:  	Gerald G. Sax 	 
	 	 	Title:  	Treasurer and Chief Financial Officer 	 
	 

SIGNATURE PAGE TO

NOTE EXCHANGE AGREEMENT

 

 

	 	 	 	 	 
	 	NOTEHOLDERS:

FIDELITY FINANCIAL TRUST: FIDELITY 
CONVERTIBLE
SECURITIES FUND

 	 
	 	By:  	/s/ Gary Ryan	 
	 	 	Name: 	Gary Ryan 	 
	 	 	Title: 	Assistant Treasurer 	 
	 

SIGNATURE PAGE TO

NOTE EXCHANGE AGREEMENT

 

 

	 	 	 	 	 
	 	LC CAPITAL MASTER FUND, LTD

 	 
	 	By:  	/s/ Richard F. Conway	 
	 	 	Name:  	Richard F. Conway 	 
	 	 	Title:  	Director 	 
	 

SIGNATURE PAGE TO

NOTE EXCHANGE AGREEMENT

 

 

	 	 	 	 	 
	 	HIGHBRIDGE INTERNATIONAL LLC

By: Highbridge Capital Management, LLC,

its trading manager

 	 
	 	By:  	/s/ Mark J. Vanacore	 
	 	 	Name:  	Mark J. Vanacore	 
	 	 	Title:  	Managing Director	 
	 

SIGNATURE PAGE TO

NOTE EXCHANGE AGREEMENT

 

 

	 	 	 	 	 
	 	OAKTREE CAPITAL MANAGEMENT, L.P., in 
its capacity as
the general partner or investment 
manager of the
Noteholders set forth on Schedule II 
to this
Agreement

 	 
	 	By:  	/s/ Andrew Watts	 
	 	 	Name:  	Andrew Watts 	 
	 	 	Title:  	Managing Director 	 
	 
	 	 	 
	 	By:  	/s/ Richard Ting
 	 
	 	 	Name:  	Richard Ting 	 
	 	 	Title:  	Managing Director & 
Associate General
Counsel 	 
	 

SIGNATURE PAGE TO

NOTE EXCHANGE AGREEMENT

 

 

	 	 	 	 	 
	 	THE MAINSTAY FUNDS, on behalf of its series,
 MAINSTAY
CONVERTIBLE FUND

By: MacKay Shields LLC,

its investment adviser

 	 
	 	By:  	/s/ Lucille Protas	 
	 	 	Name:  	Lucille Protas 	 
	 	 	Title:  	Senior Managing Director	 
	 

SIGNATURE PAGE TO

NOTE EXCHANGE AGREEMENT

 

 

	 	 	 	 	 
	 	MAINSTAY VP SERIES FUND INC., on behalf of 
its
portfolio, MAINSTAY VP CONVERTIBLE
 FUND

By: MacKay Shields LLC,

its investment adviser

 	 
	 	By:  	/s/ Lucille Protas	 
	 	 	Name:  	Lucille Protas 	 
	 	 	Title:  	Senior Managing Director	 
	 

SIGNATURE PAGE TO

NOTE EXCHANGE AGREEMENT

 

 

	 	 	 	 	 
	 	QVT FUND LP

By: QVT Associates GP LLC,

        its general partner

 	 
	 	By:  	/s/ Tracy Fu	 
	 	 	Name:  	Tracy Fu 	 
	 	 	Title:  	Managing Member 	 
	 

SIGNATURE PAGE TO

NOTE EXCHANGE AGREEMENT

 

 

	 	 	 	 	 
	 	QUINTESSENCE FUND LP

By: QVT Associates GP LLC,

        its general partner

 	 
	 	By:  	/s/ Tracy Fu 	 
	 	 	Name:  	Tracy Fu 	 
	 	 	Title:  	Managing Member 	 
	 

SIGNATURE PAGE TO

NOTE EXCHANGE AGREEMENT

 

 

ANNEX
A

REGISTRATION RIGHTS

     1. Definitions.

          Capitalized terms used and not otherwise defined in this Annex A shall have the meanings given
such terms in the Note Exchange Agreement. As used in this Annex A, the following terms shall have
the following meanings:

          “Board” shall have meaning set forth in Section 3(e).

          “Business Day” means a day except a Saturday, a Sunday or other day on which the
Commission or banks in the City of New York are authorized or required by law to be closed.

          “Closing Date” means the date of the closing of the Merger Agreement.

          “Commission” means the U.S. Securities and Exchange Commission.

          “Common Stock” means Group’s common stock, par value $0.01 per share.

          “Control” (including the terms “controlling”, “controlled by” or “under common control
with”) means the possession, direct or indirect, of the power to direct or cause the direction of
the management and policies of a Person, whether through the ownership of voting securities, by
contract or otherwise.

          “Effectiveness Date” means with respect to the Registration Statement the earlier of
(a) the Closing Date or (b) the date which is within three (3) Business Days of the date on which
the Commission informs Group that (i) the Commission will not review the Registration Statement or
(ii) Group may request the acceleration of the effectiveness of the Registration Statement and
Group makes such request; provided, however, that notwithstanding clause (b), the
Effectiveness Date shall be no earlier than the Closing Date; provided further, if
the Effectiveness Date falls on a Saturday, Sunday or any other day which shall be a legal holiday
or a day on which the Commission is authorized or required by law or other government actions to
close, the Effectiveness Date shall be the following Business Day.

          “Effectiveness Period” shall have the meaning set forth in Section 2(a).

          “Exchange Act” means the Securities Exchange Act of 1934, as amended.

          “Filing Date” means a date as soon as reasonably practicable, and in any event no
later than thirty (30) days following the filing of the S-4 Registration Statement.

          “Group” means Viasystems Group, Inc., a Delaware corporation.

          “Holder” or “Holders” means the holder or holders, as the case may be, from
time to time of Registrable Securities.

A-1

 

          “Holders’ Counsel” means one legal counsel designated by the Stock/Cash Electing
Noteholders that will hold a majority in interest of the Acquired Shares.

          “Indemnified Party” shall have the meaning set forth in Section 5(c).

          “Indemnifying Party” shall have the meaning set forth in Section 5(c).

          “Losses” shall have the meaning set forth in Section 5(a).

          “Merger Agreement” means Agreement and Plan of Merger, dated as of the date hereof, by
and among Group, Maple Acquisition Corp. and Merix Corporation.

          “Note Exchange Agreement” means that certain Note Exchange Agreement, dated October 6,
2009, by and among Group, Maple Acquisition Corp. and the Holders.

          “Person” means an individual or a corporation, partnership, trust, incorporated or
unincorporated association, joint venture, limited liability company, joint stock company,
government (or an agency or political subdivision thereof) or other entity of any kind.

          “Proceeding” means an action, claim, suit, investigation or proceeding (including,
without limitation, an investigation or partial proceeding, such as a deposition), whether
commenced or threatened.

          “Prospectus” means the prospectus included in the Registration Statement (including,
without limitation, a prospectus that includes any information previously omitted from a prospectus
filed as part of an effective registration statement in reliance upon Rule 430A promulgated under
the Securities Act), as amended or supplemented by any prospectus supplement, with respect to the
terms of the offering of any portion of the Registrable Securities covered by the Registration
Statement, and all other amendments and supplements to the Prospectus, including post-effective
amendments, and all material incorporated by reference in such Prospectus.

          “Registrable Securities” means the Acquired Shares issued pursuant to the Note
Exchange Agreement and issued or issuable upon any stock split, dividend or other distribution,
recapitalization or similar event with respect to the foregoing.

          “Registration Statement” means the registration statement and any additional
registration statements contemplated by Section 2, including (in each case) the Prospectus,
amendments and supplements to such registration statement or Prospectus, including pre- and
post-effective amendments, all exhibits thereto, and all material incorporated by reference in such
registration statement.

          “Rule 144” means Rule 144 promulgated by the Commission pursuant to the Securities
Act, as such Rule may be amended from time to time, or any similar rule or regulation hereafter
adopted by the Commission having substantially the same effect as such Rule.

A-2

 

          “Rule 158” means Rule 158 promulgated by the Commission pursuant to the Securities
Act, as such Rule may be amended from time to time, or any similar rule or regulation hereafter
adopted by the Commission having substantially the same effect as such Rule.

          “Rule 415” means Rule 415 promulgated by the Commission pursuant to the Securities
Act, as such Rule may be amended from time to time, or any similar rule or regulation hereafter
adopted by the Commission having substantially the same effect as such Rule.

          “Rule 424” means Rule 424 promulgated by the Commission pursuant to the Securities
Act, as such Rule may be amended from time to time, or any similar rule or regulation hereafter
adopted by the Commission having substantially the same effect as such Rule.

          “Securities Act” means the Securities Act of 1933, as amended.

          “S-4 Registration Statement” means the Registration Statement issued on Form S-4 to be
filed with the Commission with respect to the Common Stock issued in exchange for common shares
held by Maple shareholders as required by the Merger Agreement.

          “Trading Day” means a day on which the NASDAQ Global Market or another national
securities exchange on which the Common Stock is then listed or admitted to trading is open for the
transaction of business.

     2. Resale Registration.

          (a) On or prior to the Filing Date, Group shall prepare and file with the Commission a
“resale” Registration Statement providing for the resale of all Registrable Securities for an
offering to be made on a continuous basis for a period of one (1) year from the Closing Date
pursuant to Rule 415. The Registration Statement shall be on Form S-1 (or such other appropriate
form as determined by Group in accordance with the Securities Act and the rules promulgated
thereunder). Such Registration Statement shall cover to the extent allowable under the Securities
Act and the rules promulgated thereunder (including Rule 416), such indeterminate number of
additional shares of Common Stock resulting from stock splits, stock dividends or similar
transactions with respect to the Registrable Securities. Group shall (i) not permit any securities
other than the Registrable Securities to be included in the Registration Statement and (ii) use its
commercially reasonable efforts to cause the Registration Statement to be declared effective under
the Securities Act as promptly as possible after the filing thereof, but in any event on the
Effectiveness Date, and to keep such Registration Statement continuously effective under the
Securities Act for the period of one (1) year from the Closing Date (the “Effectiveness
Period”).

          (b) Notwithstanding anything to the contrary set forth in this Section 2, in the event
the Commission does not permit Group to register all of the Registrable Securities in the
Registration Statement because of the Commission’s application of Rule 415 or the Commission
requires Group to either exclude shares held by certain Holders or deem such Holders to be
underwriters with respect to their Registrable Securities, Group shall register in the Registration
Statement such number of Registrable Securities as is permitted by the Commission without naming
such Holder as an underwriter (unless such Holder agrees to be named as an underwriter). In the
event the Commission does not permit Group to register all of the

A-3

 

Registrable Securities in the initial Registration Statement, Group shall use its commercially
reasonable efforts to file subsequent Registration Statements to register the Registrable
Securities that were not registered in the initial Registration Statement as promptly as possible
and in a manner permitted by the Commission.

     3. Registration Procedures.

          (a) In connection with Group’s registration obligations hereunder, Group shall:

          (i) Not less than five (5) Business Days prior to the filing of the Registration
Statement or any related Prospectus or any amendment or supplement thereto (including any
document that would be incorporated therein by reference) in accordance with Section
2(a), Group shall (i) furnish to the Holders and the Holders’ Counsel, copies of all
such documents proposed to be filed, which documents (other than those incorporated by
reference) will be subject to the review of such Holders and such Holders’ Counsel, and (ii)
cause its officers and directors, counsel and independent certified public accountants to
respond to such inquiries as shall be necessary, in the reasonable opinion of Holders’
Counsel, to conduct a reasonable investigation within the meaning of the Securities Act.
Unless otherwise advised by outside counsel to Group, Group shall not file the Registration
Statement or any such Prospectus or any amendments or supplements thereto to which the
Holders of a majority of the Registrable Securities or the Holders’ Counsel shall reasonably
object in writing within three (3) Business Days of their receipt thereof.

          (ii) (A) Prepare and file with the Commission such amendments, including post-effective
amendments, to the Registration Statement as may be necessary to keep the Registration
Statement continuously effective as to the applicable Registrable Securities for the
Effectiveness Period and prepare and file with the Commission such additional Registration
Statements as necessary in order to register for resale under the Securities Act all of the
Registrable Securities; (B) cause the related Prospectus to be amended or supplemented by
any required Prospectus supplement, and as so supplemented or amended to be filed pursuant
to Rule 424 (or any similar provisions then in force) promulgated under the Securities Act;
(C) respond as promptly as possible to any comments received from the Commission with
respect to the Registration Statement or any amendment thereto and as promptly as possible
provide the Holders true and complete copies of all correspondence from and to the
Commission relating to the Registration Statement; (D) file the final prospectus pursuant to
Rule 424 of the Securities Act; and (E) comply in all material respects with the provisions
of the Securities Act and the Exchange Act with respect to the disposition of all
Registrable Securities covered by the Registration Statement during the applicable period in
accordance with the intended methods of disposition by the Holders thereof set forth in the
Registration Statement as so amended or in such Prospectus as so supplemented.

          (iii) Notify the Holders and the Holders’ Counsel as promptly as possible (and, in the
case of (A)(1) below, not less than five (5) days prior to such filing, and in the case of
(C) below, on the same day of receipt by Group of such notice from the

A-4

 

Commission) and (if requested by any such Person) confirm such notice in writing no
later than two (2) Business Days following the day (A)(1) when a Prospectus or any
Prospectus supplement or post-effective amendment to the Registration Statement is filed,
(2) when the Commission notifies Group whether there will be a “review” of such Registration
Statement and whenever the Commission comments in writing on such Registration Statement and
(3) with respect to the Registration Statement or any post-effective amendment, when the
same has become effective; (B) of any request by the Commission or any other Federal or
state governmental authority for amendments or supplements to the Registration Statement or
Prospectus or for additional information; (C) of the issuance by the Commission of any stop
order suspending the effectiveness of the Registration Statement covering any or all of the
Registrable Securities or the initiation or threatening of any Proceedings for that purpose;
(D) of the receipt by Group of any notification with respect to the suspension of the
qualification or exemption from qualification of any of the Registrable Securities for sale
in any jurisdiction, or the initiation or threatening of any Proceeding for such purpose;
and (E) of the occurrence of any event that makes any statement made in the Registration
Statement or Prospectus or any document incorporated or deemed to be incorporated therein by
reference untrue in any material respect or that requires any revisions to the Registration
Statement, Prospectus or other documents so that, in the case of the Registration Statement
or the Prospectus, as the case may be, it will not contain any untrue statement of a
material fact or omit to state any material fact required to be stated therein or necessary
to make the statements therein, in the light of the circumstances under which they were
made, not misleading.

          (iv) Use its commercially reasonable efforts to avoid the issuance of, or, if issued,
obtain the prompt withdrawal of, (A) any order suspending the effectiveness of the
Registration Statement or (B) any suspension of the qualification (or exemption from
qualification) of any of the Registrable Securities for sale in any jurisdiction, at the
earliest practicable moment.

          (v) If requested by the Holders of a majority in interest of the Registrable
Securities, (A) promptly incorporate in a Prospectus supplement or post-effective amendment
to the Registration Statement such information as Group reasonably agrees should be included
therein and (B) make all required filings of such Prospectus supplement or such
post-effective amendment as soon as practicable after Group has received notification of the
matters to be incorporated in such Prospectus supplement or post-effective amendment.

          (vi) Furnish to each Holder and the Holders’ Counsel, without charge, at least one (1)
conformed copy of each Registration Statement and each amendment thereto, including
financial statements and schedules, all documents incorporated or deemed to be incorporated
therein by reference, and all exhibits to the extent requested by such Person (including
those previously furnished or incorporated by reference) promptly after the filing of such
documents with the Commission (all of which documents may be furnished in electronic
format).

A-5

 

          (vii) Promptly deliver to each Holder and the Holders’ Counsel, without charge, as many
copies of the Prospectus or Prospectuses (including each form of prospectus) and each
amendment or supplement thereto as such Persons may reasonably request; and Group hereby
consents to the use of such Prospectus and each amendment or supplement thereto by each of
the selling Holders in connection with the offering and sale of the Registrable Securities
covered by such Prospectus and any amendment or supplement thereto.

          (viii) Prior to any public offering of Registrable Securities, use its commercially
reasonable efforts to register or qualify or cooperate with the selling Holders and the
Holders’ Counsel in connection with the registration or qualification (or exemption from
such registration or qualification) of such Registrable Securities for offer and sale under
the securities or Blue Sky laws of such jurisdictions within the United States as any Holder
requests in writing, to keep each such registration or qualification (or exemption
therefrom) effective during the Effectiveness Period and to do any and all other acts or
things reasonably necessary or advisable to enable the disposition in such jurisdictions of
the Registrable Securities covered by a Registration Statement; provided,
however, that Group shall not be required to qualify generally to do business in any
jurisdiction where it is not then so qualified or to take any action that would subject it
to general service of process in any such jurisdiction where it is not then so subject or
subject Group to any material tax in any such jurisdiction where it is not then so subject.

          (ix) Cooperate with the Holders to facilitate the timely preparation and delivery of
certificates representing Registrable Securities to be sold pursuant to a Registration
Statement, which certificates shall be free of all restrictive legends (provided that the
issuance of such unlegended certificates is in compliance with applicable securities laws),
and to enable such Registrable Securities to be in such denominations and registered in such
names as any Holder may request in writing at least five (5) Business Days prior to any sale
of Registrable Securities.

          (x) Upon the occurrence of any event contemplated by Section 3(a)(iii)(E), as
promptly as possible, prepare a supplement or amendment, including a post-effective
amendment, to the Registration Statement or a supplement to the related Prospectus or any
document incorporated or deemed to be incorporated therein by reference, and file any other
required document so that, as thereafter delivered, neither the Registration Statement nor
such Prospectus will contain an untrue statement of a material fact or omit to state a
material fact required to be stated therein or necessary to make the statements therein, in
the light of the circumstances under which they were made, not misleading.

          (xi) Use its commercially reasonable efforts to cause the Registrable Securities
relating to the Registration Statement to be listed on the Nasdaq Stock Market LLC.

          (xii) Comply in all material respects with all applicable rules and regulations of the
Commission and make generally available to its security holders all documents filed or
required to be filed with the Commission, including, but not limited,

A-6

 

to, earning statements satisfying the provisions of Section 11(a) of the Securities Act
and Rule 158 not later than forty-five (45) days after the end of any twelve (12)-month
period (or ninety (90) days after the end of any twelve (12)-month period if such period is
a fiscal year) commencing on the first (1st) day of the first (1st) fiscal quarter of Group
after the effective date of the Registration Statement, which statement shall conform to the
requirements of Rule 158.

          (b) Group may require each selling Holder to furnish to Group information regarding such
Holder and the distribution of such Registrable Securities as is required by law to be disclosed in
the Registration Statement, and Group may exclude from such registration the Registrable Securities
of any such Holder who unreasonably fails to furnish such information within a reasonable time
after receiving such request.

          (c) Each Holder covenants and agrees that it will not sell any Registrable Securities under
the Registration Statement until it has electronically filed the Prospectus as then amended or
supplemented as contemplated in Section 3(a)(vii) and notice from Group that such
Registration Statement and any post-effective amendments thereto have become effective as
contemplated by Section 3(a)(iii).

          (d) Each Holder agrees by its acquisition of such Registrable Securities that, upon receipt of
a notice from Group of the occurrence of any event of the kind described in Section
3(a)(iii)(B), 3(a)(iii)(C), 3(a)(iii)(D), 3(a)(iii)(E) or 3(e),
such Holder will forthwith discontinue disposition of such Registrable Securities under the
Registration Statement until such Holder’s receipt of the copies of the supplemented Prospectus
and/or amended Registration Statement contemplated by Section 3(a)(x), or until it is
advised in writing by Group that the use of the applicable Prospectus may be resumed, and, in
either case, has received copies of any additional or supplemental filings that are incorporated or
deemed to be incorporated by reference in such Prospectus or Registration Statement.

          (e) If (i) there is material non-public information regarding Group which Group’s board of
directors (the “Board”) reasonably determines not to be in Group’s best interest to
disclose and which Group is not otherwise required to disclose, (ii) there is a significant
business opportunity (including, but not limited to, the acquisition or disposition of assets
(other than in the ordinary course of business) or any merger, consolidation, tender offer or other
similar transaction) available to Group which the Board reasonably determines not to be in Group’s
best interest to disclose, or (iii) Group is required to file a post-effective amendment to the
Registration Statement to incorporate Group’s quarterly and annual reports and audited financial
statements on Forms 10-Q and 10-K, then Group may (A) postpone or suspend filing of a registration
statement for a period not to exceed thirty (30) consecutive days or (B) postpone or suspend
effectiveness of a registration statement for a period not to exceed twenty (20) consecutive days;
provided that Group may not postpone or suspend effectiveness of a registration statement
under this Section 3(e) for more than forty-five (45) days in the aggregate during any
three hundred sixty (360) day period; provided, however, that no such postponement
or suspension shall be permitted for consecutive twenty (20) day periods arising out of the same
set of facts, circumstances or transactions.

A-7

 

     4. Registration Expenses. All fees and expenses incident to the preparation of the
Registration Statement (the “Registration Expenses”), including, without limitation, (a)
all registration and filing fees (including, without limitation, fees and expenses (i) with respect
to filings required to be made with the Nasdaq Stock Market LLC, (ii) with respect to filing fees
required to be paid to the Financial Industry Regulatory Authority, Inc. and (iii) in compliance
with state securities or Blue Sky laws (including, without limitation, fees and disbursements of
counsel for the Holders in connection with Blue Sky qualifications of the Registrable Securities
and determination of the eligibility of the Registrable Securities for investment under the laws of
such jurisdictions as the Holders of a majority of Registrable Securities may designate)), (b)
printing expenses (including, without limitation, expenses of printing certificates for Registrable
Securities and of printing prospectuses if the printing of prospectuses is requested by the holders
of a majority of the Registrable Securities included in the Registration Statement), (c) messenger,
telephone and delivery expenses, (d) fees and disbursements of counsel for Group, (e) Securities
Act liability insurance, if Group so desires such insurance, and (f) fees and expenses of all other
Persons retained by Group in connection with the preparation of the Registration Statement or any
additional Registration Statement, including, without limitation, Group’s and Merix’s independent
public accountants (including the expenses of any comfort letters or costs associated with the
delivery by independent public accountants of a comfort letter or comfort letters), shall be borne
by Group whether or not the Registration Statement is filed or becomes effective and whether or not
any Registrable Securities are sold pursuant to the Registration Statement, provided that
in no event shall Registration Expenses include any underwriting discounts or commissions or
transfer taxes or the fees and expenses of the Holders’ Counsel.

     5. Indemnification.

          (a) Indemnification by Group. Group shall indemnify and hold harmless each Holder,
the officers, directors, managers, partners, members, shareholders, agents, brokers (including
brokers who offer and sell Registrable Securities as principal as a result of a pledge or any
failure to perform under a margin call of Common Stock), investment advisors and employees of each
of them, each Person who controls any such Holder (within the meaning of Section 15 of the
Securities Act or Section 20 of the Exchange Act) and the officers, directors, agents and employees
of each such controlling Person, to the fullest extent permitted by applicable law, from and
against any and all losses, claims, damages, liabilities, costs (including, without limitation,
costs of preparation and reasonable attorneys’ fees) and expenses (collectively, “Losses”),
as incurred, arising out of or relating to any untrue or alleged untrue statement of a material
fact contained in the Registration Statement, any Prospectus or any form of prospectus or in any
amendment or supplement thereto or in any preliminary prospectus, or arising out of or relating to
any omission or alleged omission of a material fact required to be stated therein or necessary to
make the statements therein (in the case of any Prospectus or form of prospectus or supplement
thereto, in the light of the circumstances under which they were made) not misleading, except to
the extent, but only to the extent, that such untrue statements or omissions are based solely upon
information regarding such Holder or such other Indemnified Party (as defined below) furnished in
writing to Group by such Holder expressly for use therein. Group shall notify the Holders promptly
of the institution, threat or assertion of any Proceeding of which Group is aware in connection
with the transactions contemplated by this Annex A.

A-8

 

          (b) Indemnification by Holders. Each Holder shall, severally and not jointly,
indemnify and hold harmless Group, its directors, officers, agents and employees, each Person who
controls Group (within the meaning of Section 15 of the Securities Act and Section 20 of the
Exchange Act), and the directors, officers, agents and employees of such controlling Persons, to
the fullest extent permitted by applicable law, from and against all Losses, as incurred, arising
solely out of or based solely upon any untrue statement of a material fact contained in the
Registration Statement, any Prospectus, or any form of prospectus, or in any amendment or
supplement thereto, or arising solely out of or based solely upon any omission of a material fact
required to be stated therein or necessary to make the statements therein (in the case of any
Prospectus or form of prospectus or supplement thereto, in the light of the circumstances under
which they were made) not misleading, to the extent, but only to the extent, that such untrue
statement or omission is contained in any information so furnished in writing by such Holder or
other Indemnifying Party to Group specifically for inclusion in the Registration Statement or such
Prospectus. Notwithstanding anything to the contrary contained in this Annex A, each Holder shall
be liable under this Section 5(b) for only that amount as does not exceed the net proceeds
to such Holder as a result of the sale of Registrable Securities pursuant to such Registration
Statement.

          (c) Conduct of Indemnification Proceedings. If any Proceeding shall be brought or
asserted against any Person entitled to indemnity hereunder (an “Indemnified Party”), such
Indemnified Party promptly shall notify promptly the Person from whom indemnity is sought (the
“Indemnifying Party”) in writing, and the Indemnifying Party shall assume the defense
thereof, including the employment of counsel reasonably satisfactory to the Indemnified Party and
the payment of all fees and expenses incurred in connection with defense thereof; provided,
that the failure of any Indemnified Party to give such notice shall not relieve the Indemnifying
Party of its obligations or liabilities pursuant to this Annex A, except (and only) to the extent
that it shall be finally determined by a court of competent jurisdiction (which determination is
not subject to appeal or further review) that such failure shall have proximately and materially
adversely prejudiced the Indemnifying Party.

          An Indemnified Party shall have the right to employ separate counsel in any such Proceeding
and to participate in the defense thereof, but the fees and expenses of such counsel shall be at
the expense of such Indemnified Party or Parties unless: (i) the Indemnifying Party has agreed in
writing to pay such fees and expenses; or (ii) the Indemnifying Party shall have failed promptly to
assume the defense of such Proceeding and to employ counsel reasonably satisfactory to such
Indemnified Party in any such Proceeding; or (iii) such Indemnified Party shall have been advised
by counsel (which shall be reasonably acceptable to the Indemnifying Party) that a conflict of
interest is likely to exist if the same counsel were to represent such Indemnified Party and the
Indemnifying Party (in which case, if such Indemnified Party notifies the Indemnifying Party in
writing that it elects to employ separate counsel at the expense of the Indemnifying Party, the
Indemnifying Party shall not have the right to assume the defense thereof and such counsel shall be
at the expense of the Indemnifying Party). The Indemnifying Party shall not be liable for any
settlement of any such Proceeding effected without its written consent. No Indemnifying Party
shall, without the prior written consent of the Indemnified Party, effect any settlement of any
pending Proceeding in respect of which any Indemnified Party is a party, unless such settlement
includes an unconditional release of such Indemnified Party from all liability on claims that are
the subject matter of such Proceeding.

A-9

 

          All fees and expenses of the Indemnified Party (including reasonable and documented out of
pocket fees and expenses to the extent incurred in connection with investigating or preparing to
defend such Proceeding in a manner not inconsistent with this Section 5) shall be paid to
the Indemnified Party, as incurred, within ten (10) Business Days of written notice thereof to the
Indemnifying Party (regardless of whether it is ultimately determined that an Indemnified Party is
not entitled to indemnification hereunder; provided, that the Indemnifying Party may
require such Indemnified Party to undertake to reimburse all such fees and expenses to the extent
it is finally judicially determined that such Indemnified Party is not entitled to indemnification
hereunder).

          (d) Contribution. If a claim for indemnification under Section 5(a) or
5(b) is unavailable to an Indemnified Party because of a failure or refusal of a
governmental authority to enforce such indemnification in accordance with its terms (by reason of
public policy or otherwise), then each Indemnifying Party, in lieu of indemnifying such Indemnified
Party, shall contribute to the amount paid or payable by such Indemnified Party as a result of such
Losses, in such proportion as is appropriate to reflect the relative benefits received by the
Indemnifying Party on the one hand and the Indemnified Party on the other hand. If, but only if,
the allocation provided by the foregoing sentence is not permitted by applicable law, the
allocation of contribution shall be made in such proportion as is appropriate to reflect not only
the relative benefits referred to in the foregoing sentence but also the relative fault, as
applicable, of the Indemnifying Party and Indemnified Party in connection with the actions,
statements or omissions that resulted in such Losses as well as any other relevant equitable
considerations. The relative fault of such Indemnifying Party and Indemnified Party shall be
determined by reference to, among other things, whether any action in question, including any
untrue or alleged untrue statement of a material fact or omission or alleged omission of a material
fact, has been taken or made by, or relates to information supplied by, such Indemnifying Party or
Indemnified Party, and the parties’ relative intent, knowledge, access to information and
opportunity to correct or prevent such action, statement or omission. The amount paid or payable
by a party as a result of any Losses shall be deemed to include, subject to the limitations set
forth in Section 5(c), any reasonable attorneys’ or other reasonable fees or expenses
incurred by such party in connection with any Proceeding to the extent such party would have been
indemnified for such fees or expenses if the indemnification provided for in this Section was
available to such party in accordance with its terms. In no event shall any selling Holder be
required to contribute an amount under this Section 5(d) in excess of the net proceeds
received by such Holder upon sale of such Holder’s Registrable Securities pursuant to the
Registration Statement giving rise to such contribution obligation.

          The parties hereto agree that it would not be just and equitable if contribution pursuant to
this Section 5(d) were determined by pro rata allocation or by any other method of
allocation that does not take into account the equitable considerations referred to in the
immediately preceding paragraph. No Person guilty of fraudulent misrepresentation (within the
meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person
who was not guilty of such fraudulent misrepresentation.

          The indemnity and contribution agreements contained in this Section are in addition to any
liability that the Indemnifying Parties may have to the Indemnified Parties. Notwithstanding
anything to the contrary contained herein, the Holders shall be liable under this

A-10

 

Section 5(d) for only that amount as does not exceed the net proceeds to such Holder
as a result of the sale of Registrable Securities pursuant to such Registration Statement.

          6. Rule 144. During the Effectiveness Period, Group covenants to timely file (or
obtain extensions in respect thereof and file within the applicable grace period) all reports
required to be filed by Group after the date hereof pursuant to Section 13(a) or 15(d) of the
Exchange Act.

A-11exv10w11

Exhibit 10.11

STOCKHOLDER AGREEMENT

     THIS STOCKHOLDER AGREEMENT (this “Stockholder Agreement”) is entered into as of [_____________],
2009, by and between Viasystems Group, Inc., a Delaware corporation (the “Company”), and VG
Holdings, LLC, a Delaware limited liability company (the “Stockholder”).

     WHEREAS,
the Stockholder owns [___ shares or ___%] (the “Acquired Shares”) of Common Stock
(as defined below), which were acquired by the Stockholder pursuant to the terms of the
recapitalization effected in accordance with that certain Recapitalization Agreement, dated as of
October 6, 2009, by and among the Company and the members of the Stockholder;

     WHEREAS, this Stockholder Agreement is being entered into contemporaneously with the
consummation of the merger of Maple Acquisition Corp. (“Merger Sub”), a wholly owned subsidiary of
the Company, with and into Merix Corporation (“Merix”) pursuant to the terms of that certain
Agreement and Plan of Merger, dated as of October 6, 2009, by and among the Company, Merger Sub,
and Merix (the “Merger”).

     NOW, THEREFORE, in consideration of the covenants and agreements contained herein, the parties
hereto, intending to be legally bound, hereby agree as follows:

ARTICLE 1

DEFINITIONS

     SECTION 1.01. Definitions.

     (a) The following terms, as used herein, have the following meanings:

     “Affiliate” means with respect to any Person, any other Person directly or indirectly
controlling, controlled by or under common control with such first Person. For the purposes of
this definition, “control” (including, with correlative meanings, the terms “controlling,”
“controlled by” and “under common control with”) means, with respect to any Person, the possession,
directly or indirectly, of the power to direct or cause the direction of the management and
policies of such Person, whether through ownership of voting securities, by contract or otherwise.

     “Board” means the board of directors of the Company.

     “Business Day” means any day except a Saturday, Sunday or other day on which commercial banks
in New York City are authorized by law to close.

     “Common Stock” means the Company’s authorized shares of common stock, par value $0.01 per
share, and any stock into which such common stock may hereafter be converted, changed or
reclassified.

 

 

     “Common Stock Equivalents” means, without duplication, any rights, warrants, options,
convertible securities or exchangeable securities, in each case, exercisable for or convertible or
exchangeable into, directly or indirectly, Common Stock, whether at the time of issuance, upon the
passage of time, or the occurrence of some future event.

     “Exchange Act” means the United States Securities Exchange Act of 1934, as amended, and the
rules and regulations promulgated thereunder.

     “Person” means an individual, corporation, limited liability company, partnership,
association, trust or other entity or organization, including a government or political subdivision
or an agency or instrumentality thereof.

     “Public Float” means all outstanding shares of Common Stock other than shares of Common Stock
held, as of the applicable determination date, by (i) the Stockholder and (ii) any Person holding
in excess of 10% of the outstanding Common Stock, which shares were issued to such Person by the
Company as consideration in connection with the Company’s acquisition of a corporation, limited
liability company, partnership or other entity or organization.

     “Registrable Securities” means at any time the Common Stock owned by the Stockholder, whether
owned on the date hereof or acquired hereafter; provided, however, that Registrable
Securities shall not include any shares (i) the sale of which has been registered pursuant to the
Securities Act and which shares have been sold pursuant to such registration or (ii) which have
been sold pursuant to Rule 144 (as defined below).

     “Registration Expenses” means any and all expenses incident to the performance of or
compliance with any registration or marketing of securities in a registered public offering,
including all (i) registration and filing fees, and all fees and expenses payable in connection
with the listing of securities on any securities exchange or automated interdealer quotation
system, (ii) fees and expenses of compliance with any securities or “blue sky” laws (including,
without limitation, reasonable fees and disbursements of counsel in connection with “blue sky”
qualifications of the securities registered), (iii) expenses in connection with the preparation,
printing, mailing and delivery of any registration statements, prospectuses and other documents in
connection therewith and any amendments or supplements thereto, (iv) security engraving and
printing expenses, (v) internal expenses of the Company (including, without limitation, all
salaries and expenses of its officers and employees performing legal or accounting duties), (vi)
reasonable fees and disbursements of counsel for the Company and customary fees and expenses for
independent certified public accountants retained by the Company (including, without limitation,
the expenses associated with the delivery by independent certified public accountants of any
comfort letters to be provided pursuant to Article 5 hereof), (vii) fees and expenses of
any special experts retained by the Company in connection with such registration, (viii) reasonable
fees and out-of-pocket expenses of one firm of counsel to the Stockholder selected by the
Stockholder, (ix) fees and expenses in connection with any review by the National Association of
Securities Dealers (the “NASD”) of the underwriting arrangements or other terms of the offering,
and all

2

 

fees and expenses of any “qualified independent underwriter” or other independent appraiser
participating in any offering pursuant to section 3 of Schedule E to the Bylaws of the NASD,
including the fees and expenses of any counsel thereto, (x) fees and disbursements of underwriters
customarily paid by issuers or sellers of securities, but excluding any underwriting fees,
discounts and commissions attributable to the sale of Registrable Securities, (xi) costs of
printing and producing any agreements among underwriters, underwriting agreements, any “blue sky”
or legal investment memoranda and any selling agreements and other documents in connection with the
offering, sale or delivery of the Registrable Securities, (xii) transfer agents’, registrars’,
stock custodians’ and DTC fees and expenses, (xiii) expenses relating to any analyst or investor
presentations or any “road shows” undertaken pursuant to Article 5 hereof in connection
with the registration, marketing or selling of Registrable Securities, and (xiv) fees and expenses
in connection with obtaining customary ratings of Registrable Securities, including expenses
relating to any presentations to rating agencies.

     “Rule 144” means Rule 144 (or any successor provisions) under the Securities Act.

     “SEC” means the United States Securities and Exchange Commission.

     “Securities Act” means the United States Securities Act of 1933, as amended, and the rules and
regulations promulgated thereunder.

     “Subsidiary” means, with respect to the Company, any corporation, limited liability company,
partnership or other entity of which securities or other ownership interests representing more than
50% of the equity or more than 50% of the ordinary voting power (or, in the case of a partnership,
more than 50% of the general partnership interests) are, as of such date, owned by the Company or
one or more Subsidiaries of the Company or by the Company and one or more of its Subsidiaries.

     “Transfer” means, with respect to any Common Stock, (i) when used as a verb, to sell, assign,
dispose of, exchange, pledge, encumber, hypothecate or otherwise transfer such Common Stock or any
participation or interest therein, whether directly or indirectly, or agree or commit to do any of
the foregoing and (ii) when used as a noun, a direct or indirect sale, assignment, disposition,
exchange, pledge, encumbrance, hypothecation or other transfer of such Common Stock or any
participation or interest therein or any agreement or commitment to do any of the foregoing.

     (b) Other Definitional and Interpretive Matters. Unless otherwise expressly provided,
for purposes of this Stockholder Agreement, the following rules of interpretation shall apply:

     Calculation of Time Period. When calculating the period of time before which, within
which or following which any act is to be done or step taken pursuant to this Stockholder
Agreement, the date that is the reference date in calculating such period shall

3

 

be excluded. If the last day of such period is a non-Business Day, the period in question
shall end on the next succeeding Business Day.

     Dollars. Any reference in this Stockholder Agreement to $ shall mean U.S. dollars.

     Headings. The division of this Stockholder Agreement into Articles, Sections and
other subdivisions and the insertion of headings are for convenience of reference only and shall
not affect or be utilized in construing or interpreting this Stockholder Agreement. All references
in this Stockholder Agreement to any “Section” are to the corresponding Section of this Stockholder
Agreement unless otherwise specified.

     Herein. The words such as “herein,” “hereinafter,” “hereof,” and “hereunder” refer to
this Stockholder Agreement as a whole and not merely to a subdivision in which such words appear
unless the context otherwise requires.

ARTICLE 2

COMPOSITION OF THE BOARD

     SECTION 2.01. Stockholder Designees. The Stockholder shall have the right to
designate: (i) five (5) individuals to serve on the Board for so long as the Stockholder owns not
less than 50.00% of the Common Stock held by the Stockholder on the date hereof, (ii) four (4)
individuals to serve on the Board for so long as the Stockholder owns not less than 40.00% of the
Common Stock held by the Stockholder on the date hereof, (iii) three (3) individuals to serve on
the Board for so long as the Stockholder owns not less than 33.33% of the Common Stock held by the
Stockholder on the date hereof, (iv) two (2) individuals to serve on the Board for so long as the
Stockholder owns not less than 20% of the Common Stock held by the Stockholder on the date hereof,
(v) one (1) individual to serve on the Board for so long as the Stockholder owns not less than 10%
of the Common Stock held by the Stockholder on the date hereof and (vi) no individuals to serve on
the Board if the Stockholder owns less than 10% of the Common Stock held by the Stockholder on the
date hereof (in each instance, such designated individuals, the “Stockholder Designees”).

     SECTION 2.02. Initial Board Composition. Upon the consummation of the Merger, the
Board shall be comprised of twelve (12) directors, five (5) of whom shall be the initial
Stockholder Designees identified by the Stockholder to the Company.

     SECTION 2.03. Stockholder Meetings. Subject to applicable law, for so long as the
Stockholder owns not less than 10% of the then outstanding Common Stock, the Company shall use its
commercially reasonable efforts to cause the election of the Stockholder Designees at each meeting
of the stockholders of the Company at which directors are to be elected, and the Company shall use
its commercially reasonable efforts to cause the reelection of the Stockholder Designees at each
meeting of the Company’s stockholders at which any Stockholder Designee’s term as a director will
expire.

4

 

Commercially reasonable efforts under this Section 2.03 shall include the solicitation
of proxies in favor of the election of each Stockholder Designee, it being understood that efforts
consistent with those used for other members of the slate of nominees recommended by the Board
shall be deemed reasonable.

     SECTION 2.04. Vacancies. If, prior to his or her election to the Board pursuant to
this Article 2, any Stockholder Designee shall be unable or unwilling to serve as a
director of the Company, then the Stockholder shall be entitled to nominate a replacement who shall
then be a Stockholder Designee for purposes of this Article 2. If, following an election
or appointment to the Board pursuant to this Article 2, any Stockholder Designee shall
resign or be removed or be unable to serve for any reason prior to the expiration of his or her
term as a director of the Company, then the Stockholder shall, within 30 days of such event, notify
the Board in writing of a replacement Stockholder Designee, and the Company and the Board shall
take such action as necessary to cause such replacement Stockholder Designee to be appointed to the
Board and each applicable committee thereof to fill the unexpired term of the Stockholder Designee
who such new Stockholder Designee is replacing.

     SECTION 2.05. Designee Information. The Stockholder shall provide the Company with
all information required under Regulation 14A and Schedule 14A under the Exchange Act with respect
to the Stockholder Designees.

     SECTION 2.06. No Limitations. The provisions of this Article 2 are in
addition to and shall not limit any rights that the Stockholder may have as a holder or beneficial
owner of the Common Stock as a matter of law with respect to the election of directors or
otherwise.

ARTICLE 3

RESTRICTIONS ON TRANSFER

     SECTION 3.01. General Restrictions on Transfer.

     (a) The Stockholder understands and agrees that the Acquired Shares have not been registered
under the Securities Act and are restricted securities under the Securities Act and the rules and
regulations promulgated thereunder. The Stockholder agrees it shall not Transfer any of the
Acquired Shares (or solicit any offers in respect of any Transfer of the Acquired Shares), except
in compliance with the Securities Act, any other applicable securities or “blue sky” laws and the
restrictions on Transfer contained in this Stockholder Agreement.

     (b) The Stockholder agrees that it will not, during the period commencing on the day of the
consummation of the Merger and ending one hundred eighty (180) days after the day of the closing of
the Merger (i) Transfer any of the Acquired Shares, including, without limitation, pursuant to the
registration rights set forth in Article 5 hereof, or (ii) enter into any swap or other
arrangement that transfers to another, in whole or in part, any of the economic consequences of
ownership of the Acquired Shares,

5

 

whether any such transaction described in clause (i) or (ii) above is to be settled by
delivery of such Common Stock or other securities, in cash or otherwise. The foregoing sentence
shall not apply to (1) transactions relating to shares of Common Stock or other securities acquired
in open market transactions after the closing of the Merger, (2) transfers of the Acquired Shares
or any security convertible into the Acquired Shares as a bona fide gift or gifts, (3) transfers of
the Acquired Shares or any security convertible into the Acquired Shares to affiliates, and (4)
distributions of the Acquired Shares or any security convertible into the Acquired Shares to direct
or indirect limited partners, stockholders or members of the undersigned; provided that in the case
of any transfer or distribution pursuant to clause (2), (3) or (4), (A) each donee, transferee or
distributee shall execute and deliver to the Company a letter agreement whereby such donee,
transferee or distribute agrees to be bound by the same restrictions on the Stockholder as set
forth in this Section 3.01(b) and (B) if any filing by any party (donor, donee, transferor
or transferee) under Section 16(a) of the Securities Exchange Act of 1934, as amended, shall be
required or shall be made voluntarily in connection with such transfer or distribution (other than
a filing on Form 5 made after the expiration of the 180-day period referred to above), such party
shall provide to the Company a copy of such filing at least three (3) Business Days prior to
filing. The Stockholder agrees and consents to the entry of stop transfer instructions with the
Company’s transfer agent and registrar against the transfer of the Acquired Shares except in
compliance with the foregoing restrictions.

     (c) Any attempt to Transfer any Common Stock not in compliance with this Stockholder Agreement
shall be null and void, and the Company shall not, and shall cause any transfer agent not to, give
any effect in the Company’s records to such purported Transfer.

     SECTION 3.02. Legends.

     (a) Each certificate evidencing the Acquired Shares shall bear a legend in substantially the
following form:

          “THIS SECURITY HAS NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, OR ANY
FOREIGN OR STATE SECURITIES LAWS AND MAY NOT BE TRANSFERRED, OFFERED OR SOLD EXCEPT IN COMPLIANCE
THEREWITH. THIS SECURITY IS ALSO SUBJECT TO ADDITIONAL RESTRICTIONS ON TRANSFER AS SET FORTH IN A
STOCKHOLDER AGREEMENT, A COPY OF WHICH MAY BE OBTAINED UPON REQUEST FROM THE COMPANY OR ANY
SUCCESSOR THERETO.”

     (b) Notwithstanding the foregoing provisions of this Article 3, the restrictions
imposed by Section 3.01(a) upon the transferability of the Acquired Shares relating to
securities laws (and the legends relating thereto) shall terminate as to any Company Security (i)
when and so long as such Company Security shall have been effectively registered under the
Securities Act and disposed of pursuant thereto or (ii) when the Company shall have received an
opinion of counsel reasonably satisfactory to it that such

6

 

Company Security may be transferred without registration under the Securities Act and that
such legend may be removed. Whenever the securities law restrictions referred to in Section
3.01(a) shall terminate as to any Company Security, the Stockholder shall be entitled to
receive from the Company, at the Company’s expense, a new Company Security not bearing the legend
relating to securities law transfer restrictions.

ARTICLE 4

PRIMARY OFFERING REQUEST

          If after June 30, 2012, the Public Float of the Common Stock has not increased by 100% of the
Public Float existing immediately following the consummation of the Merger, then the Stockholder
may request in writing that the Company file a registration statement on Form S-1 or Form S-3 (or
any successor form thereto), as applicable, to effect a primary underwritten public offering of
shares of Common Stock (“Primary Offering Request”) as soon as practicable, but in no event later
than forty-five (45) days after the Company’s receipt of the Primary Offering Request;
provided, however, that the Company shall not be obligated to initiate such
offering unless a majority of the independent members of the Board determine, after consultation
with an underwriter of recognized international standing, that such offering is in the best
interest of the Company. The independent members of the Board shall so notify the Stockholder of
its decision regarding the Primary Offering Request within thirty (30) days of the Company’s
receipt of the Primary Offering Request.

ARTICLE 5

REGISTRATION RIGHTS

     SECTION 5.01. Demand Registration.

     (a) At any time after one hundred eighty (180) days after the consummation of the Merger, if
the Company shall receive a written request from the Stockholder that the Company effect the
registration under the Securities Act of all or any portion of the Stockholder’s Registrable
Securities (a “Demand Registration”), and specifying the intended method of disposition thereof,
then the Company shall use its commercially reasonable efforts, consistent with the terms of this
Stockholder Agreement, to effect, as expeditiously as possible, the registration under the
Securities Act of all Registrable Securities for which the Stockholder has requested registration
under this Section 5.01; provided that, subject to Section 5.01(d) hereof,
the Company shall not be obligated to effect more than three Demand Registrations (other than
short-form registrations on Form S-3 and provided that no Demand Registration shall be made within
one hundred eighty (180) days of a prior Demand Registration).

     (b) At any time prior to the effective date of the registration statement relating to such
registration, the Stockholder may revoke such request by providing a notice to the Company revoking
such request.

7

 

     (c) The Company shall be liable for and pay all Registration Expenses in connection with each
Demand Registration, regardless of whether such registration is effected.

     (d) A Demand Registration shall not be deemed to have occurred:

     (i) unless the registration statement relating thereto (A) has become
effective under the Securities Act and (B) has remained effective for a period of
at least one hundred twenty (120) days (or such shorter period in which all
Registrable Securities of the Stockholder included in such registration have
actually been sold thereunder), provided that such registration statement
shall not be considered a Demand Registration if, after such registration statement
becomes effective, (1) such registration statement is interfered with by any stop
order, injunction or other order or requirement of the SEC or other governmental
agency or court and (2) less than 75% of the Registrable Securities included in
such registration statement have been sold thereunder; or

     (ii) if the Demand Maximum Offering Size (as defined below) is reduced in
accordance with Section 5.01(e) such that less than 75% of the Registrable
Securities of the Stockholder sought to be included in such registration are
included.

     (e) If a Demand Registration involves an underwritten public offering and the managing
underwriter advises the Company and the Stockholder that, in its view, the number of shares that
the Stockholder and the Company propose to include in such registration exceeds the largest number
of shares that can be sold without having an adverse effect on such offering, including the price
at which such shares can be sold (the “Demand Maximum Offering Size”), the Company shall include in
such registration, in the priority listed below, up to the Demand Maximum Offering Size:

     (i) first, all Registrable Securities requested to be registered by the
Stockholder; and

     (ii) second, all shares of Common Stock proposed to be registered by the
Company.

     (f) The Company may defer the filing (but not the preparation) of a registration statement
required by Section 5.01 until a date not later than ninety (90) days after the date which
is thirty (30) days after the request to file such registration statement if (i) at the time the
Company receives the request to register shares, the Company or any of its Subsidiaries are engaged
in confidential negotiations or other confidential business activities (or the Board determines
that the Company is at such time otherwise in possession of material non-public information with
respect to the Company), disclosure of which would be required in such registration statement (but
would not be required if such registration statement were not filed), and the Board determines in
good faith that

8

 

such disclosure would be materially detrimental to the Company and its stockholders, or (ii)
prior to receiving the request to register shares, the Board had determined to effect a registered
underwritten public offering of the Company’s securities for the Company’s account and the Company
had taken substantial steps (including, but not limited to, selecting a managing underwriter for
such offering) and is proceeding with reasonable diligence to effect such offering. A deferral of
the filing of a registration statement pursuant to this Section 5.01(f) shall be lifted,
and the requested registration statement shall be filed forthwith, if, in the case of a deferral
pursuant to clause (i) of the preceding sentence, the negotiations or other activities are
disclosed or terminated (or such material non-public information has been publicly disclosed by the
Company), or, in the case of a deferral pursuant to clause (ii) of the preceding sentence, the
proposed registration for the Company’s account is abandoned. In order to defer the filing of a
registration statement pursuant to this Section 5.01(f), the Company shall promptly (but in
any event within ten (10) days), upon determining to seek such deferral, deliver to the Stockholder
a certificate signed by an executive officer of the Company stating that the Company is deferring
such filing pursuant to this Section 5.01(f) and (unless the Stockholder had previously
requested in writing that the Company not disclose to it such information under this paragraph) a
general statement of the reason for such deferral and an approximation of the anticipated delay.
The Company may defer the filing of a particular registration statement pursuant to this
Section 5.01(f) only once in any 360-day period.

     SECTION 5.02. Piggyback Registration.

     (a) If the Company proposes to register any Common Stock under the Securities Act (other than
pursuant to a Demand Registration and other than a registration on Form S-4 in connection with a
direct or indirect acquisition by the Company of another Person or a registration on a Form S-8),
the Company shall at each such time give prompt written notice at least twenty (20) Business Days
prior to the anticipated filing date of the registration statement relating to such registration to
the Stockholder, which notice shall offer the Stockholder the opportunity to include in such
registration statement all or any portion of the Registrable Securities held by the Stockholder (a
“Piggyback Registration”), subject to the limitations set forth herein. Upon the request of the
Stockholder made within fifteen (15) days after the receipt of notice from the Company (which
request shall specify the number of Registrable Securities intended to be registered by the
Stockholder), the Company shall use its commercially reasonable efforts to effect the registration
under the Securities Act of all Registrable Securities that the Company has been so requested to
register by the Stockholder, to the extent required to permit the disposition of the Registrable
Securities so to be registered, provided that if such registration involves an underwritten
public offering, the Stockholder must sell its Registrable Securities to the underwriters selected
as provided in Section 5.05(f) on the same terms and conditions as apply to the Company or
any other selling stockholders; provided, however, that the Stockholder shall not
be required to make any representations or warranties in connection with any such registration
other than representations and warranties as to (i) the Stockholder’s ownership of its Registrable
Securities to be transferred free and clear of all liens, claims and encumbrances, (ii) the
Stockholder’s

9

 

power and authority to effect such transfer, and (iii) such matters pertaining to compliance
with securities laws as may be reasonably requested; and provided further, that the
liability of the Stockholder to indemnify pursuant to any underwriting arrangements shall be
limited to the net amount received by the Stockholder from the sale of its Registrable Securities
pursuant to such registration. If, at any time after giving notice pursuant to this Section
5.02(a) of its intention to register any shares and prior to the effective date of the
registration statement filed in connection with such registration, the Company shall determine for
any reason not to register such shares, the Company shall give notice to the Stockholder and,
thereupon, shall be relieved of its obligation to register any Registrable Securities in connection
with such registration. No registration effected under this Section 5.02 shall relieve the
Company of its obligations to effect a Demand Registration to the extent required by Section
5.01. The Company shall be liable for and pay all Registration Expenses in connection with
each Piggyback Registration, regardless of whether such registration is effected.

     (b) If a Piggyback Registration involves an underwritten public offering (other than any
Demand Registration, in which case the provisions with respect to priority of inclusion in such
offering set forth in Section 5.01(e) shall apply) and the managing underwriter advises the
Company that, in its view, the number of shares that the Company and selling stockholders propose
to include in such registration exceeds the largest number of shares that can be sold without
having an adverse effect on such offering, including the price at which such shares can be sold
(the “Piggyback Maximum Offering Size”), the Company shall include in such registration, in the
following priority, up to the Piggyback Maximum Offering Size:

     (i) first, such number of shares proposed to be registered for the account of
the Company, if any, as would not cause the offering to exceed the Piggyback
Maximum Offering Size, and

     (ii) second, all Registrable Securities requested to be included in such
registration by the Stockholder pursuant to Section 5.02.

     SECTION 5.03. Registrations on Form S-3. If the Stockholder requests that the Company
file a registration statement on Form S-3 (or any successor form to Form S-3), or any similar
short-form registration statement, for a public offering of Registrable Securities, and the Company
is a registrant entitled to use Form S-3 to register the Registrable Securities for such an
offering, then the Company, in each such case, shall, as soon as practicable, use its commercially
reasonable efforts, consistent with the terms of this Stockholder Agreement, to cause such
Registrable Securities held by the Stockholder to be registered on such form for the offering;
provided, that the Company shall not be obligated to effect more than two such
registrations in a calendar year. The Company will use its commercially reasonable efforts,
consistent with the terms of this Stockholder Agreement, to qualify for and remain eligible to use
Form S-3 registration or a similar short-form registration.

10

 

     SECTION 5.04. Lock-Up Agreements. Unless the lead managing underwriters otherwise
agree, the Company and the Stockholder agree (and the Company agrees, in connection with any
underwritten registration, to use its commercially reasonable efforts to cause its Affiliates to
agree) not to effect any public sale or private offer or distribution of any Common Stock or Common
Stock Equivalents during the ten (10) Business Days prior to the effectiveness under the Securities
Act of any underwritten registration and during such time period after the effectiveness under the
Securities Act of any underwritten registration (not to exceed one hundred eighty (180) days)
(except, if applicable, as part of such underwritten registration) as the Company and the managing
underwriters may agree. Notwithstanding the foregoing, this Section 5.04 shall not apply
unless all then officers and directors of the Company, and all stockholders of the Company who own
Common Stock representing 10% or more of the then outstanding Common Stock of the Company, enter
into similar agreements.

     SECTION 5.05. Registration Procedures. Whenever the Stockholder requests that any
Registrable Securities be registered pursuant to Section 5.01, 5.02, or
5.03 hereof, subject to the provisions of such Sections, the Company shall use its
commercially reasonable efforts to effect the registration and the sale of such Registrable
Securities in accordance with the intended method of disposition thereof as quickly as practicable,
and, in connection with any such request:

     (a) The Company shall as expeditiously as possible prepare and file with the SEC a
registration statement on any form for which the Company then qualifies or that counsel for the
Company shall deem appropriate and which form shall be available for the sale of the Registrable
Securities to be registered thereunder in accordance with the intended method of distribution
thereof, and use its commercially reasonable efforts to cause such filed registration statement to
become and remain effective for a period of not less than one hundred eighty (180) days (or such
shorter period in which all of the Registrable Securities of the Stockholder included in such
registration statement shall have actually been sold thereunder); provided,
however, that (i) such 180-day period shall be extended for a period of time equal to the
period the Stockholder refrains from selling any securities included in such registration at the
request of an underwriter and (ii) in the case of any registration of Registrable Securities
pursuant to Section 5.03 that are intended to be offered on a continuous or delayed basis,
subject to compliance with applicable SEC rules, such 180-day period shall be extended, if
necessary, to keep the registration statement effective until all such Registrable Securities are
sold.

     (b) Prior to filing a registration statement or prospectus or any amendment or supplement
thereto, the Company shall, if requested, furnish to the Stockholder and each underwriter, if any,
of the Registrable Securities covered by such registration statement copies of such registration
statement as proposed to be filed, and thereafter the Company shall furnish to the Stockholder and
underwriter, if any, such number of copies of such registration statement, each amendment and
supplement thereto (in each case including all exhibits thereto and documents incorporated by
reference therein), the prospectus included in such registration statement (including each
preliminary prospectus and any summary prospectus) and any other prospectus filed under Rule 424 or
Rule 430A under

11

 

the Securities Act and such other documents as the Stockholder or underwriter may reasonably
request in order to facilitate the disposition of the Registrable Securities owned by the
Stockholder.

     (c) After the filing of the registration statement, the Company shall (i) cause the related
prospectus to be supplemented by any required prospectus supplement, and, as so supplemented, to be
filed pursuant to Rule 424 under the Securities Act, (ii) comply with the provisions of the
Securities Act with respect to the disposition of all Registrable Securities covered by such
registration statement during the applicable period in accordance with the intended methods of
disposition by the Stockholder set forth in such registration statement or supplement to such
prospectus and (iii) promptly notify the Stockholder of any stop order issued or threatened by the
SEC or any state securities commission and take all reasonable actions required to prevent the
entry of such stop order or to remove it if entered.

     (d) The Company shall use its commercially reasonable efforts to (i) register or qualify the
Registrable Securities covered by such registration statement under such other securities or “blue
sky” laws of such jurisdictions in the United States as the Stockholder reasonably (in light of the
Stockholder’s intended plan of distribution) requests and (ii) cause such Registrable Securities to
be registered with or approved by such other governmental agencies or authorities as may be
necessary by virtue of the business and operations of the Company and do any and all other acts and
things that may be reasonably necessary or advisable to enable the Stockholder to consummate the
disposition of the Registrable Securities in accordance with the intended methods of disposition;
provided that the Company shall not be required to (A) qualify generally to do business in
any jurisdiction where it would not otherwise be required to qualify but for this Section
5.05(d), (B) subject itself to taxation in any such jurisdiction or (C) consent to general
service of process in any such jurisdiction.

     (e) The Company shall immediately notify the Stockholder at any time when a prospectus
relating to the Registrable Securities is required to be delivered under the Securities Act, of the
occurrence of an event or other circumstance requiring the preparation of a supplement or amendment
to such prospectus so that, as thereafter delivered to the purchasers of such Registrable
Securities, such prospectus will not contain an untrue statement of a material fact or omit to
state any material fact required to be stated therein or necessary to make the statements therein
not misleading, and promptly prepare and make available to the Stockholder and file with the SEC
any such supplement or amendment.

     (f) Except for a Demand Registration, the Board shall have the right to select the underwriter
or underwriters in connection with any public offering. In connection with the offering of
Registrable Securities pursuant to a Demand Registration, the Stockholder shall select the
underwriter or underwriters, provided that such selection shall be subject to the consent
of the Board, which consent shall not be unreasonably withheld. In connection with any
underwritten public offering, the Company shall enter into customary agreements (including an
underwriting agreement in customary form),

12

 

provided that such agreements are consistent with this Stockholder Agreement, and take
all such other actions as are reasonably required in order to expedite or facilitate the
disposition of such Registrable Securities in any such public offering, including (if necessary)
the engagement of a “qualified independent underwriter” in connection with the qualification of the
underwriting arrangements with the NASD. The Stockholder shall also enter into such agreement,
provided that the terms of any such agreement are consistent with this Stockholder
Agreement and provided that the scope of the indemnity contained in such underwriting
agreement is not more extensive in any material respect than the indemnity described in Section
5.07 hereof.

     (g) Upon execution of confidentiality agreements in form and substance reasonably satisfactory
to the Company, the Company shall make available for inspection by the Stockholder and any
underwriter participating in any disposition pursuant to a registration statement being filed by
the Company pursuant to this Section 5.05 and any attorney, accountant or other
professional retained by the Stockholder or underwriter (collectively, the “Inspectors”), all
financial and other records, pertinent corporate documents and properties of the Company
(collectively, the “Records”) as shall be reasonably necessary or desirable to enable them to
exercise their due diligence responsibility, and cause the Company’s officers, directors and
employees to supply all information reasonably requested by any Inspectors in connection with such
registration statement; provided that the Company shall not be required to provide any
information under this subparagraph if the Company determines in good faith, after consultation
with counsel for the Company, that to do so would cause the Company to forfeit an attorney-client
privilege that was applicable to such information. Records that the Company determines, in good
faith, to be confidential and that it notifies the Inspectors are confidential shall not be
disclosed by the Inspectors unless (i) the disclosure of such Records is necessary to avoid or
correct a misstatement or omission in such registration statement or (ii) the release of such
Records is ordered pursuant to a subpoena or other order from a court of competent jurisdiction or
is otherwise required by law. The Stockholder agrees that information obtained by it as a result of
such inspections shall not be used by it or its Affiliates as the basis for any market transactions
in Common Stock unless and until such information is made generally available to the public (not in
violation of any confidentiality agreement by which they are bound), and further agrees that, upon
learning that disclosure of such Records is sought in a court of competent jurisdiction, it shall
give prompt notice to the Company and allow the Company, at its expense, to undertake appropriate
action to prevent disclosure of the Records deemed confidential.

     (h) The Company shall cause to be furnished to the Stockholder and to each underwriter, if
any, a signed counterpart, addressed to the Stockholder or underwriter, of (i) an opinion or
opinions of counsel to the Company and (ii) a comfort letter or comfort letters from the Company’s
independent public accountants, each in customary form and covering such matters of the kind
customarily covered by opinions of counsel or comfort letters, as the case may be, as the
Stockholder or the managing underwriter therefor reasonably requests.

13

 

     (i) The Company shall otherwise use its commercially reasonable efforts to comply with all
applicable rules and regulations of the SEC, and make available to its stockholders, as soon as
reasonably practicable, an earnings statement or such other document that shall satisfy the
provisions of Section 11(a) of the Securities Act and Rule 158 thereunder.

     (j) The Company may require the Stockholder, by written notice given to the Stockholder not
less than ten (10) days prior to the filing date of such registration statement, to promptly, and
in any event within ten (10) days after receipt of such notice, furnish in writing to the Company
such information regarding the distribution of the Registrable Securities as the Company may from
time to time request and such other information as may be legally required in connection with such
registration.

     (k) The Stockholder agrees, upon receipt of any written notice from the Company of the
occurrence of any event or other circumstance requiring the preparation of a supplement or
amendment of a prospectus relating to the Registrable Securities covered by a registration
statement that is required to be delivered under the Securities Act so that, as thereafter
delivered to the purchasers of such Registrable Securities, such prospectus will not contain an
untrue statement of a material fact or omit to state any material fact required to be stated
therein or to make the statements therein not misleading, the Stockholder shall (i) forthwith
discontinue disposition of Registrable Securities pursuant to the registration statement covering
such Registrable Securities until the Stockholder’s receipt of the copies of a supplemented or
amended prospectus, and (ii) if so directed by the Company, the Stockholder shall deliver to the
Company all copies, other than any permanent file copies then in the Stockholder’s possession, of
the most recent prospectus covering such Registrable Securities at the time of receipt of such
notice. If the Company shall give such notice, the Company shall extend the period during which
such registration statement shall be maintained effective (including the period referred to in
Section 5.05(a) hereof) by the number of days during the period from and including the date
of the giving of notice pursuant to Section 5.05(e) hereof to the date when the Company
shall make available to the Stockholder a prospectus supplemented or amended to conform with the
requirements of Section 5.05(e) hereof.

     (l) The Company shall use its commercially reasonable efforts to list all Registrable
Securities covered by such registration statement on any securities exchange or quotation system on
which any of the Registrable Securities are then listed or traded, and if none of the Registrable
Securities are so listed, on any securities exchange or quotations system on which similar
securities issued by the Company are then listed, and if no Common Stock are listed, on any
national securities exchange or on NASDAQ.

     (m) The Company shall have appropriate officers of the Company (i) prepare and make
presentations at any “road shows” and before analysts and rating agencies, as the case may be, (ii)
take other reasonable actions to obtain ratings for any Registrable Securities and (iii) otherwise
use their commercially reasonable efforts to cooperate as requested by the underwriters in the
offering, marketing or selling of the Registrable Securities.

14

 

     SECTION 5.06. Indemnification by the Company. The Company agrees to indemnify and
hold harmless the Stockholder, the Stockholder’s officers, directors, employees, managers, members,
partners and agents, and each Person, if any, who controls any such Persons within the meaning of
Section 15 of the Securities Act or Section 20 of the Exchange Act, from and against any and all
losses, claims, damages, liabilities and expenses (including reasonable expenses of investigation
and reasonable attorneys’ fees and expenses) (“Damages”) caused by, based upon, arising out of,
resulting from or relating to any untrue statement or alleged untrue statement of a material fact
contained in any registration statement or prospectus relating to the Registrable Securities (as
amended or supplemented if the Company shall have furnished any amendments or supplements thereto)
or any preliminary prospectus, or any omission or alleged omission to state therein a material fact
required to be stated therein or necessary to make the statements therein not misleading, except
insofar as such Damages are caused by or related to any such untrue statement or omission or
alleged untrue statement or omission so made based upon information furnished in writing to the
Company by the Stockholder or on the Stockholder’s behalf expressly for use therein,
provided that, with respect to any untrue statement or omission or alleged untrue statement
or omission made in any preliminary prospectus, or in any prospectus, as the case may be, the
indemnity agreement contained in this paragraph shall not apply to the extent that any Damages
result from (a) the fact that a current copy of the prospectus (or such amended or supplemented
prospectus, as the case may be) was not sent or given to the Person asserting such Damages at or
prior to the written confirmation of the sale of the Registrable Securities concerned to such
Person if it is determined that the Company has provided such current prospectus (or such amended
or supplemented prospectus, as the case may be) to the Stockholder prior to such confirmation and
it was the responsibility of the Stockholder to provide such Person with a current copy of the
prospectus (or such amended or supplemented prospectus, as the case may be) and such current copy
of the prospectus (or such amended or supplemented prospectus, as the case may be) would have cured
the defect giving rise to such Damages, or (b) transactions by the Stockholder in violation of
Section 5.05(k)(i) hereof.

     SECTION 5.07. Indemnification by the Stockholder. The Stockholder agrees to indemnify
and hold harmless from and against all Damages the Company, its officers, directors and agents and
each Person, if any, who controls the Company within the meaning of Section 15 of the Securities
Act or Section 20 of the Exchange Act (i) with respect to information furnished in writing to the
Company by the Stockholder or on the Stockholder’s behalf expressly for use in such registration
statement or prospectus relating to such Registrable Securities, or any amendment or supplement
thereto, or any related preliminary prospectus or (ii) to the extent that any Damages result from
the fact that a current copy of the prospectus (or such amended or supplemented prospectus, as the
case may be) was not sent or given to the Person asserting any such Damages at or prior to the
written confirmation of the sale of the Registrable Securities concerned to such Person if it is
determined that it was the responsibility of the Stockholder to provide such Person with a current
copy of the prospectus (or such amended or supplemented prospectus, as the case may be) and such
current copy of the prospectus (or such

15

 

amended or supplemented prospectus, as the case may be) was provided by the Company to the
Stockholder prior to such confirmation and would have cured the defect giving rise to such Damages.
As a condition to including Registrable Securities in any registration statement filed in
accordance with Article 5 hereof, the Company may require that it shall have received an
undertaking reasonably satisfactory to it from any underwriter to indemnify and hold it harmless to
the extent customarily provided by underwriters with respect to similar securities. The
Stockholder shall not be liable under this Section 5.07 for any Damages in excess of the
net proceeds realized by the Stockholder in the sale of the Registrable Securities to which such
Damages relate.

     SECTION 5.08. Conduct of Indemnification Proceedings. If any proceeding (including
any governmental investigation) shall be instituted involving any Person in respect of which
indemnity may be sought pursuant to this Article 5, such Person (an “Indemnified Party”)
shall promptly notify the Person against whom such indemnity may be sought (the “Indemnifying
Party”) in writing and the Indemnifying Party shall assume the defense thereof, including the
employment of counsel reasonably satisfactory to such Indemnified Party, and shall assume the
payment of all fees and expenses, provided that the failure of any Indemnified Party so to
notify the Indemnifying Party shall not relieve the Indemnifying Party of its obligations hereunder
except to the extent that the Indemnifying Party is materially prejudiced by such failure to
notify. In any such proceeding, any Indemnified Party shall have the right to retain its own
counsel, but the fees and expenses of such counsel shall be at the expense of such Indemnified
Party unless (i) the Indemnifying Party shall have agreed to the retention of such counsel at its
expense or (ii) in the reasonable judgment of outside counsel to such Indemnified Party,
representation of both parties by the same counsel would be inappropriate due to actual or
potential differing interests between them. It is understood that, in connection with any
proceeding or related proceedings in the same jurisdiction, the Indemnifying Party shall not be
liable for the reasonable fees and expenses of more than one separate firm of attorneys (in
addition to any local counsel) at any time for the Indemnified Party, and that all such fees and
expenses shall be reimbursed as they are incurred. The Indemnifying Party shall not be liable for
any settlement of any proceeding effected without its written consent, which consent shall not be
unreasonably withheld or delayed, but if settled with such consent, or if there be a final judgment
for the plaintiff, the Indemnifying Party shall indemnify and hold harmless the Indemnified Party
from and against all indemnified Damages (to the extent stated above) by reason of such settlement
or judgment. Without the prior written consent of the Indemnified Party, no Indemnifying Party
shall effect any settlement of any pending or threatened proceeding in respect of which the
Indemnified Party is or could have been a party and indemnity could have been sought hereunder by
such Indemnified Party, unless such settlement includes an unconditional release of such
Indemnified Party from all liability arising out of such proceeding.

     SECTION 5.09. Contribution. If the indemnification provided for in this Article
5 is unavailable to the Indemnified Parties or insufficient in respect of any Damages (other
than by reason of the exceptions provided herein), then the Indemnifying
Party, in lieu of indemnifying such Indemnified Party, shall contribute to the amount paid

16

 

or
payable by such Indemnified Party as a result of such Damages, as between the Company on the one
hand and the Stockholder on the other, in such proportion as is appropriate to reflect the relative
fault of the Company and of the Stockholder in connection with such statements or omissions, as
well as any other relevant equitable considerations. The relative fault of the Company on the one
hand and of the Stockholder on the other shall be determined by reference to, among other things,
whether the untrue or alleged untrue statement of a material fact or the omission or alleged
omission to state a material fact relates to information supplied by such party, and the parties’
relative intent, knowledge, access to information and opportunity to correct or prevent such
statement or omission.

     The Company and the Stockholder agree that it would not be just and equitable if contribution
pursuant to this Section 5.09 were determined by pro rata allocation or by any other method
of allocation that does not take account of the equitable considerations referred to in the
immediately preceding paragraph. The amount paid or payable by an Indemnified Party as a result of
the Damages referred to in the immediately preceding paragraph shall be deemed to include, subject
to the limitations set forth above, any legal or other expenses reasonably incurred by such
Indemnified Party in connection with investigating or defending any such action or claim.
Notwithstanding the provisions of this Section 5.09, the Stockholder shall not be required
to contribute any amount in excess of the amount by which the net proceeds realized by the
Stockholder in the sale of Registrable Securities of the Stockholder to which such Damages relate
exceeds the amount of any Damages that the Stockholder has otherwise been required to pay by reason
of such untrue or alleged untrue statement or omission or alleged omission. No Person guilty of
fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be
entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation.

     SECTION 5.10. Subsequent Registration Rights. The Company shall not enter into any
agreement with respect to any Common Stock that grants or provides holders of such Common Stock
with registration rights that have terms more favorable than the registration rights granted to the
Stockholder in this Stockholder Agreement unless similar rights are granted to the Stockholder in
this Stockholder Agreement.

     SECTION 5.11. Rule 144; Etc. The Company agrees to use its commercially reasonable
efforts, consistent with the terms of this Stockholder Agreement, to (a) make and keep public
information available, as those terms are defined in Rule 144, at all times after the date (if any)
that the Company becomes subject to the periodic reporting requirements of Section 13 or 15 under
the Exchange Act, and (b) file with the SEC in a timely manner all reports and other documents
required of the Company under the Exchange Act at any time after it has become subject to such
reporting requirements.

17

 

ARTICLE 6

CONCURRENT INDEMNIFICATION

     The Company agrees that in the event that any member, manager, officer or employee of the
Stockholder (each, a “Concurrently Indemnified Party”) is employed, retained or otherwise
associated with, or appointed or nominated by, the Company or any of its Subsidiaries and acts or
serves as an officer, director, employee, consultant, fiduciary, advisor or agent of, for or to the
Company or any of its Subsidiaries, as applicable, the Company shall be primarily liable for all
indemnification obligations or advancement of expenses in connection with such indemnification
afforded to such Concurrently Indemnified Party acting in such capacity or capacities on behalf or
at the request of the Company or any of its Subsidiaries, as applicable. Notwithstanding the fact
that the Stockholder may have concurrent liability to a Concurrently Indemnified Party with respect
to indemnification or advancements, the Company hereby agrees that in no event shall the Company
have any right or claim against the Stockholder or any of its Affiliates for contribution or have
rights of subrogation against the Stockholder or any of its Affiliates through a Concurrently
Indemnified Party for any payment made by the Company with respect to indemnification or
advancements. In addition, the Company hereby agrees that in the event that the Stockholder or any
of its Affiliates pays or advances a Concurrently Indemnified Party any amount with respect to
indemnification or advancements, the Company shall promptly reimburse the Stockholder or its
Affiliates, as applicable, for such payment or advance upon request.

ARTICLE 7

MISCELLANEOUS

     SECTION 7.01. Binding Effect; Assignability; Benefit.

     (a) This Stockholder Agreement shall inure to the benefit of and be binding upon the parties
hereto and their respective heirs, successors, legal representatives and permitted assigns;
provided that rights granted to the Stockholder hereunder may only be assigned in
connection with a Transfer of Common Stock in accordance with the terms of this Stockholder
Agreement that is specifically approved in advance in writing by the Company and provided
further that rights granted pursuant to Article 2 hereof are only assignable with
the prior specific written consent of the Company in connection with a Transfer of Common Stock by
such assignor to the purported assignee. Any purported assignment not in accordance with this
Stockholder Agreement shall be null and void. If the Stockholder ceases to beneficially own any
Common Stock, the Stockholder shall cease to be bound by, and no longer entitled to the benefits
of, the terms hereof (other than (i) the provisions of Sections 5.06, 5.07,
5.08, 5.09 and Article 6 applicable to the Stockholder with respect to any
offering of Registrable Securities completed before the date the Stockholder ceased to own any
Common Stock and (ii) Article 7).

     (b) Nothing in this Stockholder Agreement, expressed or implied, is intended to confer on any
Person other than the parties hereto, and their respective heirs, successors, legal representatives
and permitted assigns, Indemnified Parties under

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Sections 5.06, 5.07, 5.08 and 5.09, and Concurrently
Indemnified Parties under Article 6, any rights, remedies, obligations or liabilities under
or by reason of this Stockholder Agreement.

     SECTION 7.02. Notices. All notices, requests and other communications to any party
shall be in writing and shall be delivered in person, sent by reputable overnight courier service,
or sent by facsimile transmission,

if to the Company, to:

Viasystems Group, Inc.

101 South Hanley Road, Suite 400

St. Louis, Missouri 63105

Attention: General Counsel

Facsimile: 314-746-2251

with a copy to:

Weil, Gotshal & Manges LLP

200 Crescent Court, Suite 300

Dallas, Texas 75201

Attention: R. Scott Cohen

Facsimile: 214-746-7777

if to the Stockholder, to:

Hicks, Muse, Tate & Furst Equity Fund III, LP

200 Crescent Court, Suite 1600

Dallas, Texas 75201

Attention: Edward Herring

Facsimile: 214-720-7888

with a copy to:

Hicks, Muse, Tate & Furst Equity Fund III, LP

200 Crescent Court, Suite 1600

Dallas, Texas 75201

Attention: David W. Knickel

Facsimile: 214-720-7888

or, in each case, at such other address or fax number as such party may hereafter specify for the
purpose of notices hereunder by written notice to the other parties hereto. All notices, requests
and other communications shall be deemed received on the date of receipt by the recipient thereof
if received prior to 5:00 p.m. in the place of receipt and such day is a Business Day in the place
of receipt. Otherwise, any such notice, request or

19

 

communication shall be deemed not to have been received until the next succeeding Business Day in
the place of receipt. Any notice, request or other written communication sent by facsimile
transmission shall be confirmed by personal delivery or by reputable overnight courier, made within
two (2) Business Days after the date of such facsimile transmissions.

     SECTION 7.03. Waiver; Amendment; Termination.

     (a) Except as otherwise provided herein, no failure or delay by any party in exercising any
right, power or privilege hereunder shall operate as a waiver thereof, nor shall any single or
partial exercise thereof or the exercise of any other right, power or privilege. No provision of
this Stockholder Agreement may be waived except by an instrument in writing executed by the party
against whom the waiver is to be effective. Except as otherwise provided herein, no provision of
this Stockholder Agreement may be amended or otherwise modified except by an instrument in writing
executed by the Company and the Stockholder.

     (b) This Stockholder Agreement shall terminate on the tenth (10th) anniversary of the date of
this Stockholder Agreement; provided that, in any such case, the provisions of Sections
5.06, 5.07, 5.08, 5.09 and Article 6 applicable to the
Stockholder with respect to any offering of Registrable Securities completed before such
termination and this Article 7 shall survive such termination.

     SECTION 7.04. Fees and Expenses. Each party shall pay its own costs and expenses
incurred in connection with the preparation and execution of this Stockholder Agreement, or any
amendment or waiver hereof, and (except as otherwise provided herein) the transactions contemplated
hereby and all matters related hereto. In any action or proceeding brought to enforce any
provision of this Stockholder Agreement, or where any provision hereof or thereof is validly
asserted as a defense, the successful party shall be entitled to recover reasonable attorneys’ fees
in addition to any other available remedy.

     SECTION 7.05. Governing Law; Consent to Jurisdiction; Waiver of Jury Trial; Etc. This
Agreement shall be governed by, and construed in accordance with, the laws of the State of
Delaware, applicable to contracts executed in and to be performed entirely within that state. All
actions and proceedings arising out of or relating to this Stockholder Agreement shall be heard and
determined in the Chancery Court of the State of Delaware or any federal court sitting in the City
of New York, and the parties hereto hereby irrevocably submit to the exclusive jurisdiction of such
courts in any such action or proceeding and irrevocably waive the defense of an inconvenient forum
to the maintenance of any such action or proceeding. Each party hereto irrevocably consents to the
service of any and all process in any such action or proceeding by the mailing of copies of such
process to such party at its address specified pursuant to Section 7.02 hereof. The
parties hereto agree that a final judgment in any such action or proceeding shall be conclusive and
may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by
applicable law. Nothing in this paragraph shall affect

20

 

the right of any party hereto to serve legal process in any other manner permitted by
applicable law. The consents to jurisdiction set forth in this paragraph shall not constitute
general consents to service of process in the State of New York or Delaware and shall have no
effect for any purpose except as provided in this paragraph and shall not be deemed to confer
rights on any person or entity other than the parties hereto. Each of the parties hereto hereby
irrevocably waives any and all rights to trial by jury in any legal proceeding arising out of or
related to this Stockholder Agreement.

     SECTION 7.06. Specific Enforcement; Cumulative Remedies. The parties hereto
acknowledge that money damages may not be an adequate remedy for violations of this Stockholder
Agreement and that any party, in addition to any other rights and remedies which the parties may
have hereunder or at law or in equity, may, in his, her or its sole discretion, apply to a court of
competent jurisdiction for specific performance or injunction or such other relief as such court
may deem just and proper in order to enforce this Stockholder Agreement or prevent any violation
hereof and, to the extent permitted by applicable law, each party waives any objection to the
imposition of such relief. All rights, powers and remedies provided under this Stockholder
Agreement or otherwise available in respect hereof at law or in equity shall be cumulative and not
alternative, and the exercise or beginning of the exercise of any thereof by any party shall not
preclude the simultaneous or later exercise of any other such rights, powers or remedies by such
party.

     SECTION 7.07. Entire Agreement. This Stockholder Agreement and any documents referred
to herein constitute the entire agreement and understanding among the parties hereto in respect of
the subject matter hereof and thereof and supersede all prior and contemporaneous agreements and
understandings, both oral and written, among the parties hereto, or between any of them, with
respect to the subject matter hereof and thereof.

     SECTION 7.08. Severability. If any term, provision, covenant or restriction of this
Stockholder Agreement is held by a court of competent jurisdiction or other authority to be
invalid, void or unenforceable, the remainder of the terms, provisions, covenants and restrictions
of this Stockholder Agreement shall remain in full force and effect and shall in no way be
affected, impaired or invalidated. Upon such a determination, the parties shall negotiate in good
faith to modify this Stockholder Agreement so as to effect the original intent of the parties as
closely as possible in an acceptable manner so that the transactions contemplated hereby be
consummated as originally contemplated to the fullest extent possible.

     SECTION 7.09. Counterparts; Effectiveness. This Stockholder Agreement may be executed
in any number of counterparts, each of which shall be deemed to be an original, with the same
effect as if the signatures thereto and hereto were upon the same instrument.

[SIGNATURE PAGE FOLLOWS]

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

	 	 	 	 	 
	 	VIASYSTEMS GROUP, INC.

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 
	 	VG HOLDINGS, LLC

 	 
	 	By:  	 	 
	 	 	Name:  	 	 
	 	 	Title:  	 	 
	 

Signature Page to

Stockholder Agreement

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