Document:

exhibit10106littelfuseas

                          ASSUMPTION AGREEMENT          THIS ASSUMPTION AGREEMENT (the “Assumption”), dated as of October 3, 2018, is made   by each of NEW DUTCH B.V., a private company with limited liability (besloten vennootschap met   beperkte aansprakelijkheid) incorporated under the laws of the Netherlands and having its   registered seat (statutaire zetel) in Amsterdam, the Netherlands and registered with the trade  register of the Chamber of Commerce under number 72412720 (the “New Dutch B.V.”), and NEW   IXYS DUTCH B.V., a private company with limited liability (besloten vennootschap met beperkte   aansprakelijkheid) incorporated under the laws of the Netherlands and having its registered seat   (statutaire zetel) in Amsterdam, the Netherlands and registered with the trade register of the  Chamber of Commerce under number 72434341 (“New IXYS Dutch B.V.”; together with the New  Dutch B.V., the “Successor Companies” and each, a “Successor Company”), in favor of the holders  from time to time of the Notes issued pursuant to the Note Agreement described below:                               PRELIMINARY STATEMENTS:          I.  Pursuant to the Note Purchase Agreement dated as of December 8, 2016 (as amended,  modified, supplemented or restated from time to time, the “Note Agreement”), by and among   LITTELFUSE NETHERLAND C.V., a limited partnership (commanditaire vennootschap) established   under the laws of the Netherlands (the “Original Company”), Littelfuse, Inc., a Delaware   corporation (the “Parent Guarantor”), and the Persons listed on the signature pages thereto (the   “Purchasers”), the Original Company has issued and sold (i) €117,000,000 aggregate principal   amount of its 1.14% Senior Notes, Series A, due December 8, 2023 (the “Series A Notes”), and   (ii) €95,000,000 aggregate principal amount of its 1.83% Senior Notes, Series B, due December   8, 2028 (the “Series B Notes” and together with the Series A Notes as amended, restated or  otherwise modified from time to time and including any such notes issued in substitution therefor,  the “Notes” and individually a “Note”).         II.  In connection with a series of transactions undertaken or to be undertaken by the  Parent Guarantor and certain of its subsidiaries and affiliates, (a) the Original Company will be  dissolved and the net assets of the Original Company will be distributed to the New Dutch B.V.  pursuant to a transfer, assignment and assumption agreement (the “Dutch Dissolution and  Distribution”), (b) following the Dutch Dissolution and Distribution, the New Dutch B.V. will  merge into New IXYS Dutch B.V. with New IXYS Dutch B.V. remaining in existence as the  surviving entity of such merger (the “Dutch Merger”), and (c) following the Dutch Merger, New  IXYS Dutch B.V. will legally change its name to Littelfuse Netherlands B.V. (the “Dutch Name  Change” and, collectively with the Dutch Dissolution and Distribution and the Dutch Merger, the  “Dutch Reorganization”).         III. In connection with the Dutch Reorganization, which is otherwise permitted by  Section 10.2 of the Note Agreement, this Assumption is being delivered pursuant to the Section  10.2(b)(i) of the Note Agreement by each Successor Company.  

 

      IV.  Each Successor Company has received and will receive substantial direct and indirect  benefits from the Note Agreement and the Notes issued thereunder and this Assumption.         V.   Capitalized terms used and not otherwise defined herein have the definitions set forth  in the Note Agreement.    Now therefore, in consideration of the funds advanced to the Original Company by the Purchasers   under the Note Agreement and to enable the Original Company to comply with the terms of the   Note Agreement, each Successor Company hereby covenants, represents and warrants to the   holders from time to time of any of the Notes as follows:       1.  Assumption of Obligations.               a. Assumption by New Dutch B.V.  The New Dutch B.V., by its signature hereto,   hereby assumes in full and agrees to perform and observe, immediately concurrent with the Dutch   Dissolution and Distribution (the “Dutch Dissolution and Distribution Effective Date”), each and   every one of the covenants, rights, promises, agreements, terms, conditions, obligations, duties and   liabilities of the Original Company under the Note Agreement and the Notes (collectively, the   “Obligations”) as though the Note Agreement and the Notes to which the Original Company is a   party had originally been made, executed and delivered by the New Dutch B.V.; provided,   however, that it is understood that the New Dutch B.V. shall cease to be in existence upon the   Dutch Merger Effective Date (as defined below).               b. Assumption by New IXYS Dutch B.V.  New IXYS Dutch B.V., by its signature   hereto, hereby assumes in full and agrees to perform and observe, immediately concurrent with   the effectiveness of the Dutch Merger (the “Dutch Merger Effective Date”), the Obligations as   though the Note Agreement and the Notes to which the Original Company is a party had originally   been made, executed and delivered by New IXYS Dutch B.V.       2.  Indorsement of Notes.  Subject to Section 1, the execution of this Assumption by each   Successor Company shall constitute each Successor Company’s indorsement on each Note at the   applicable time set forth in Section 1, and each Successor Company authorizes the holders of the   Notes to attach, at the applicable time set forth in Section 1, a counterpart of this Assumption to   any such Notes as evidence of such indorsement.         3.  Identity of Company.  The Successor Companies acknowledge that all references to the   “Company” in the Note Agreement and the Notes shall be deemed to mean (i) as of the Dutch   Dissolution and Distribution Effective Date and until the Dutch Merger Effective Date, the New   Dutch B.V., and (ii) as of the Dutch Merger Effective Date, New IXYS Dutch B.V. until the legal   name change thereof described in the Preliminary Statements and thereafter, Littelfuse   Netherlands B.V.       4.  Representations.  The Successor Companies confirm that each Successor Company will   be a solvent entity existing under the laws of the Netherlands, which is a Permitted Jurisdiction   under the Note Agreement.                                          2     

 

   5.  Miscellaneous.            a. Captions.  Section captions used in this Assumption are for convenience only, and  shall not affect the construction of this Assumption.            b. Counterparts.  This Assumption may be executed in any number of counterparts  (including by facsimile transmission or other electronic transmission upon confirmed  authentication thereof) and by the different parties on separate counterparts, and each such  counterpart shall be deemed to be an original, but all such counterparts shall together constitute  but one and the same Assumption.            c. Successors and Assigns.  This Assumption shall be binding upon each Successor  Company and their respective successors and assigns, and shall inure to the benefit of such  successors and assigns and the holders of the Notes and their respective successors and assigns.            d. Governing Law.  This Assumption shall be construed and enforced in accordance  with, and the rights of the parties hereto shall be governed by, the law of the State of New York  excluding choice-of-law principles of the law of such State that would permit the application of  the laws of a jurisdiction other than such State.            e. Continued Effectiveness.  The terms of the Note Agreement and the Notes remain  in full force and effect.                             [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]                                                                                    3    

 

      IN WITNESS WHEREOF, each Successor Company has caused this Assumption to be duly  executed and delivered as of the date and year first above written.                                               NEW DUTCH B.V.                                                                            By: /s/ Roger van Hal                                      Name:  Roger van Hal                                      Title:  Director B                                                                            NEW IXYS DUTCH B.V.                                                                            By: /s/ Edwin van Erk                                      Name: Edwin van Erk                                      Title:  Director B                                                                                                                                                                                                                                                                  SIGNATURE PAGE TO                                                                      ASSUMPTIONexhibit10107subsidiarygu

                          SUBSIDIARY GUARANTOR SUPPLEMENT         THIS SUBSIDIARY GUARANTOR SUPPLEMENT (the “Subsidiary Guarantor  Supplement”),  dated as of October 22, 2018 is made by each of Littelfuse International Holding, LLC, a Delaware  limited liability company, Littelfuse Holding, LLC, a Delaware limited liability company, and  Monolith  Semiconductor  Inc.,  a  Delaware  corporation  (each,  an  “Additional  Subsidiary  Guarantor”), in favor of the holders from time to time of the Notes issued pursuant to the Note  Agreement described below:                              PRELIMINARY STATEMENTS:         I.  Pursuant to the Note Purchase Agreement dated as of December 8, 2016 (as amended,  modified, supplemented or restated from time to time, the “Note Agreement”), by and among  Littelfuse Netherland C.V., a limited partnership (commanditaire vennootschap) established under  the laws of the Netherlands (together with any successor thereto that becomes a party to the Note  Agreement pursuant to Section 10.2, the “Company”) and Littelfuse, Inc., a Delaware corporation  (the “Parent Guarantor” and, together with the Company, the “Obligors”), and the Persons listed  on  the  signature  pages  thereto  (the “Purchasers”),  the  Obligors  have  issued  and  sold  (i)  €117,000,000 aggregate principal amount of its 1.14% Senior Notes, Series A, due December 8,  2023 (the “Series A Notes”) and (ii) €95,000,000 aggregate principal amount of its 1.83% Senior  Notes, Series B, due December 8, 2028 (the “Series B Notes” and together with the Series A Notes  as amended, restated or otherwise modified from time to time and including any such notes issued  in substitution therefor, the “Notes” and individually a “Note”).         II.  The Obligors are required pursuant to the Note Agreement to cause each Additional  Subsidiary  Guarantor  to  deliver  this  Subsidiary  Guarantor  Supplement  in  order  to  cause  each  Additional Subsidiary Guarantor to become a Subsidiary Guarantor under the Subsidiary Guaranty  Agreement  dated  as  of  December  8,  2016  executed  by  certain  Subsidiaries  of  the  Obligors  (together with each entity that from time to time becomes a party thereto by executing a Subsidiary  Guarantor  Supplement  pursuant  to  Section 15.1  thereof,  collectively,  the “Subsidiary  Guarantors”) in favor of each holder from time to time of any of the Notes (as the same may be  amended,  restated,  supplemented  or  otherwise  modified  from  time  to  time,  the “Subsidiary  Guaranty Agreement”).        III. Each Additional Subsidiary Guarantor has received and will receive substantial direct  and indirect benefits from the Obligors’ compliance with the terms and conditions of the Note  Agreement and the Notes issued thereunder.        IV.  Capitalized terms used and not otherwise defined herein have the definitions set forth  in the Note Agreement.   Now therefore, in consideration of the funds advanced to the Company by the Purchasers under  the Note Agreement and to enable the Obligors to comply with the terms of the Note Agreement,                                                                        839-9939-7752.2  

 

   each Additional Subsidiary Guarantor hereby covenants, represents and warrants to the holders as  follows:               The Additional Subsidiary Guarantor hereby becomes a Subsidiary Guarantor (as        defined in the Subsidiary Guaranty Agreement) for all purposes of the Subsidiary Guaranty        Agreement.  Without limiting the foregoing, the Additional Subsidiary Guarantor hereby        (a) jointly  and  severally  with  the  other  Subsidiary  Guarantors  under  the  Subsidiary        Guaranty Agreement (including the other Additional Subsidiary Guarantors party to this        Subsidiary  Guarantor  Supplement),  guarantees  to  the  holders from  time  to  time  of  the        Notes the prompt payment in full when due (whether at stated maturity, by acceleration or        otherwise)  and  the  full  and  prompt  performance  and  observance  of  all  Guaranteed        Obligations (as defined in Section 1 of the Subsidiary Guaranty Agreement) in the same        manner  and  to  the  same  extent  as  is  provided  in  the  Subsidiary  Guaranty  Agreement,        (b) accepts  and  agrees  to  perform  and  observe  all  of  the  covenants  set  forth  therein,        (c) waives  the  rights  set  forth  in  Section 3  of  the  Subsidiary  Guaranty  Agreement,        (d) agrees to perform and observe the covenants contained in Section 8 of the Subsidiary        Guaranty Agreement, (e) makes the representations and warranties set forth in Section 9 of        the Subsidiary Guaranty Agreement and (f) waives the rights, submits to jurisdiction, and        waives  service  of  process  as  described  in  Section 15.6  of  the  Subsidiary  Guaranty        Agreement.               Notice  of  acceptance  of  this  Subsidiary  Guarantor  Supplement  and  of  the        Subsidiary  Guaranty  Agreement,  as  supplemented  hereby, is  hereby  waived  by  the        Additional Subsidiary Guarantor.               The address for notices and other communications to be delivered to the Additional        Subsidiary Guarantor pursuant to Section 14 of the Subsidiary Guaranty Agreement is set        forth on the signature page below.               [REMAINDER OF PAGE INTENTIONALLY LEFT BLANK]                                                                          4839-9939-7752.2  

 

          IN WITNESS WHEREOF, each Additional Subsidiary Guarantor has caused this Subsidiary  Guarantor Supplement to be duly executed and delivered as of the date and year first above written.                                          LITTELFUSE INTERNATIONAL HOLDING,                                          LLC                                          By: /s/ Ryan Stafford                                            Name: Ryan Stafford                                            Title: Manager                                                                                   LITTELFUSE HOLDING, LLC                                          By: /s/ Ryan Stafford                                            Name: Ryan Stafford                                            Title: Manager                                                                                      MONOLITH SEMICONDUCTOR INC.                                          By: /s/ Hans Weinburger                                            Name: Hans Weinburger                                            Title: Assistant Secretary                                                                                   Notice Address for each Additional Subsidiary                                          Guarantor:                                                                                  c/o Littelfuse, Inc.                                         Attention: Legal Department                                         8755 W. Higgins Road, Suite 500                                         Chicago, IL 60631                                                                      SIGNATURE PAGE TO                                                      SUBSIDIARY GUARANTOR SUPPLEMENT

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