Document:

SECURITYHOLDERS AGREEMENT, DATED APRIL 27, 2006

 Exhibit 10.14 
 EXECUTION COPY 
 SECURITYHOLDERS AGREEMENT 
 This SECURITYHOLDERS AGREEMENT (this “Agreement”) is made as of April 27, 2006 by and among (i) Sensata Investment Company
S.C.A., a société en commandite par actions organized under the laws of the Grand Duchy of Luxembourg (the “Company”), (ii) Sensata Technologies Holding B.V., a private limited liability company
incorporated under the laws of the Netherlands (the “Dutchco”), (iii) Sensata Management Company S.A., a société anonyme organized under the laws of the Grand Duchy of Luxembourg
(“Parent”), (iv) funds managed by Bain Capital Partners, LLC or its Affiliates that are listed on the signature pages hereto (collectively, “Bain”), (v) Asia Opportunity Fund II, L.P., an exempted limited
partnership formed under the laws of the Cayman Islands (“AOF II”), and (vi) AOF II Employee Co-Invest Fund, L.P., an exempted limited partnership formed under the laws of the Cayman Islands (“AOF Employee
Fund” and together with AOF II, “CCMPA”). 
 RECITALS 
 WHEREAS, Texas Instruments Incorporated, a Delaware corporation (“Seller”), and Sensata Technologies B.V., a private limited liability
company organized under the laws of the Netherlands (“Buyer”), are parties to that certain Asset and Stock Purchase Agreement, dated as of January 8, 2006 (the “Purchase Agreement”), pursuant to which Buyer and
its Subsidiaries will acquire the sensors and controls business of Seller (the “Acquisition”); 
 WHEREAS, at the closing of
the Acquisition (the “Closing”), the Company owns 100% of the outstanding securities of the Dutchco (other than certain options and other securities granted to employees of the Company and its Subsidiaries), which in turn owns 100%
of the outstanding securities of Sensata Intermediate Holding Company, B.V., which in turn owns 100% of the outstanding securities of Buyer; 
 WHEREAS, at the Closing, each of the Bain Holders and each of the CCMPA Holders owns the number and class of Securities set forth opposite its name on the “Schedule of Holders” attached hereto in its capacity as a limited
securityholder of the Company; 
 WHEREAS, Parent is the manager and unlimited securityholder of the Company; and 
 WHEREAS, the parties hereto desire to enter into this Agreement providing for certain rights and obligations of the CCMPA Holders, the Bain Holders, the
Company, the Dutchco, and Parent. Capitalized terms used but not otherwise defined in this Agreement shall have the meanings set forth in Section 9 hereof. 
 AGREEMENT 
 NOW, THEREFORE, the parties to this Agreement hereby agree as follows: 
 1. Parent as Manager of the Company; Election of CCMPA Directors. 
 (a) From and after the date of this Agreement and until the provisions of this Section 1 cease to be effective, each Bain Holder and each CCMPA Holder shall vote any and all voting securities of the Parent or the
Company over which such holder has voting control and 

 shall take all other necessary or desirable actions within such holder’s control (whether in such holder’s
capacity as a holder of securities, director or officer of Parent or the Company or otherwise, and including, without limitation, attendance at meetings in person or by proxy for purposes of obtaining a quorum, execution of written consents in lieu
of meetings, and voting its ordinary shares, if any, of the Dutchco), and each of Parent and the Company shall take all necessary and desirable actions within its control (including, without limitation, calling special board and securityholder
meetings), in order to give effect to the provisions of this Section 1. 
 (b) Each of the Bain Holders and the CCMPA Holders agrees
that, unless otherwise directed by the Parent Board, it shall not take any action to the effect that Parent shall be revoked from the position of the Company’s manager or any of the duties associated therewith. 
 (c) So long as CCMPA and its Affiliates own in the aggregate at least 50% of the Fully Diluted Ordinary Shares held by CCMPA and its Affiliates as of the
date hereof (as appropriately adjusted for securities splits, securities dividends, securities combinations, recapitalizations, and similar transactions that affect all equityholders or the holders of any class of securities proportionately), then:

 (i)(A) one representative designated by AOF II who is reasonably acceptable to the Bain Holders shall be elected to the U.S. Company Board
(the “CCMPA U.S. Company Director”) and (B) one representative designated by AOF II who is reasonably acceptable to the Bain Holders shall serve as a non-voting observer of the U.S. Company Board (the “CCMPA
Observer”); 
 (ii) one representative designated by AOF II who is reasonably acceptable to the Bain Holders shall be elected to the
Parent Board (the “CCMPA Parent Director”), so long as the CCMPA Parent Director commits to and attends at least two (2) meetings of the Parent Board per year physically in Luxembourg; and 
 (iii) one representative designated by AOF II who is reasonably acceptable to the Bain Holders shall be elected to the Dutchco Board (the “CCMPA
Dutchco Director” and, together with the CCMPA U.S. Company Director and the CCMPA Parent Director, such directors shall be referred to herein as “CCMPA Directors”), so long as the CCMPA Dutchco Director commits to and
attends at least two (2) meetings of the Dutchco Board per year physically in the Netherlands. 
 (d) So long as AOF II is entitled to
nominate a director pursuant to Section 1(c), the CCMPA Directors shall be removed from the U.S. Company Board, the Parent Board and/or the Dutchco Board (with or without cause) at the written request of AOF II and only upon such written
request and under no other circumstances (except as otherwise required by law). If AOF II becomes ineligible to nominate a director pursuant to the terms of Section 1(c), then upon written request by Bain the representatives serving as the
CCMPA Directors shall immediately resign from the U.S. Company Board, the Parent Board and the Dutchco Board. 
 (e) Parent or the Dutchco,
as applicable, shall pay (or cause to be paid) the reasonable out-of-pocket expenses incurred by any CCMPA Director and the CCMPA Observer in connection with attending meetings of the U.S. Company Board, the Parent Board and the 
  

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 Dutchco Board, as applicable, subject to reasonable documentation of such expenses in accordance with the U.S.
Company’s, Parent’s, and the Dutchco’s policies. The organizational documents of the U.S. Company, Parent, and the Dutchco shall provide for indemnification of directors to the fullest extent of the law. All CCMPA Directors will be
entitled to the benefit of director and officer liability insurance and other director indemnification protections in quality and scope at least as favorable as those applicable to the other members of the U.S. Company Board, the Parent Board, and
the Dutchco Board. Without the prior written consent of Bain and CCMPA, none of the U.S. Company, Parent, or the Dutchco shall alter, modify or amend such indemnification and exculpatory provisions in any manner that would reasonably be expected to
adversely affect the rights of any director nominated by Bain or any CCMPA Director in his or her capacity as a director from and after the Closing. The parties acknowledge and agree that each of the foregoing directors of the U.S. Company, Parent,
and Dutchco shall be deemed to be a direct and irrevocable third party beneficiary of the agreements and covenants set forth in this Section 1(e), with the right to enforce such agreements and covenants as fully as if each such director was a
party to this Agreement. 
 (f) So long as AOF II is entitled to nominate a director pursuant to Section 1(c), each CCMPA Holder shall
vote all voting securities of the Parent (if any), the Company, the Dutchco (if any), or the U.S. Company (if any) over which such CCMPA Holder has voting control in favor of any director for election to the Parent Board, the Dutchco Board and the
U.S. Company Board that is nominated by or on behalf of Bain or its Affiliates. 
 (g) The provisions of this Section 1 shall terminate
and be of no further force and effect upon the occurrence of a Change in Control or a Public Offering. 
 2. Rights to Participate in
Sales by Bain Holders. 
 (a) “Tag-Along” Rights in Private Sales by Bain Holders. 
 (i) In connection with any Bain Holder’s proposed Transfer of Bain Securities, other than in an Exempt Transfer, each CCMPA Holder will have the
right and option, but not the obligation (except in respect of an Approved Sale as set forth in Section 3) to participate in such Transfer as set forth in this Section 2(a). 
 (ii) The Bain Holder proposing to Transfer Bain Securities (the “Transferring Holder”) will deliver, or cause to be delivered, to the
CCMPA Holders a written notice (a “Transfer Notice”) specifying in reasonable detail the identity of the prospective transferee(s), the number and type of Securities to be Transferred, and the price and other terms and conditions of
the proposed Transfer. Each CCMPA Holder may elect to participate in the proposed Transfer by delivering written notice (the “Tag-Along Notice”) to the Transferring Holder within 20 days after delivery of the Transfer Notice (the
“Tag-Along Notice Period”). Any CCMPA Holder who does not deliver the Tag-Along Notice to the Transferring Holder within the Tag-Along Notice Period shall be deemed to have waived all of such holder’s rights to participate in
such Transfer. The closing of any transaction contemplated by this Section 2(a) shall not occur on any date that is earlier than the expiration of the Tag-Along Notice Period. 
  

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 (iii) If any CCMPA Holders have elected to participate in such Transfer, each such participating CCMPA
Holder will be entitled to sell in the contemplated Transfer, at the same price and on the same terms as the Transferring Holder, a number of each class of Securities being transferred equal to such CCMPA Holder’s Pro Rata Share of such class
of Securities, and the Transferring Holder shall cause the prospective purchaser to agree to acquire all Securities (up to each CCMPA Holder’s Pro Rata Share of each class) identified in a Tag-Along Notice timely given to the Transferring
Holder, upon the same terms and conditions as applicable to the Transferring Holder’s Securities. If any Person participating in such Transfer elects to Transfer less than their Pro Rata Share, the shares which such Person had the right, but
did not elect, to Transfer will be reoffered on the same terms and conditions to the Persons participating in such Transfer who elected to Transfer their full Pro Rata Share (pro rata among such Persons based on their respective Pro Rata Shares),
and so on until the Persons participating in such Transfer have elected to Transfer all shares to be sold in the contemplated Transfer. In the event that the Transferring Holder intends to Transfer more than one class of Securities, the Transferring
Holder may require that each CCMPA Holder participating in such Transfer, as a condition to such participation, be required to sell in the contemplated Transfer an equivalent portion of all such classes of Securities. 
 (iv) If any CCMPA Holder elects to participate in such Transfer, such CCMPA Holder shall (A) execute and deliver (or cause to be executed and
delivered) any purchase agreement or other documentation required by the Transferring Holder to consummate the Transfer, which purchase agreement and other documentation shall be on terms substantially identical to those executed by the Transferring
Holder (including (1) joining on a pro rata basis (whether by purchase price adjustment, indemnity payments or otherwise) in any representations, warranties, covenants and agreements in respect of the Company and its Subsidiaries, and
(2) making on a several basis individual representations and warranties as to such CCMPA Holder’s valid ownership of such CCMPA Holder’s Securities, free of all liens and encumbrances or adverse claims, enforceability against such
CCMPA Holder, and each CCMPA Holder’s authority, power and right to enter into and consummate agreements relating to such Transfer without violating applicable law or any other agreement), (B) at the closing of the Transfer, deliver to the
proposed transferee(s) the certificate or certificates representing the Securities to be sold in such Transfer by such CCMPA Holder, duly endorsed for transfer, against receipt of the purchase price thereof, and (C) take or cause to be taken
all such reasonable and customary actions in connection with the consummation of such Transfer as are requested by the Transferring Holder, including executing, acknowledging, and delivering consents, assignments, waivers, and other documents or
instruments; furnishing information and copies of documents; and filing applications, reports, returns, filings, and other documents or instruments with governmental authorities. 
 (v) It shall be a condition to the right of the Transferring Holder to complete any such sale that (A) any Securities validly requested to be
included in any Tag-Along Notice timely delivered in connection with such proposed Transfer be Transferred on economic terms and conditions at least as favorable as the economic terms and conditions on which the Transferring Holder Transfers its
Securities of the same class and (B) such Transfer be completed on other terms not materially different than the terms of such Transfer set forth in the Transfer Notice. In the event the conditions set forth in clauses (A) and
(B) above are not satisfied, the Transferring Holder shall be obligated to comply with the provisions of this Section 2 as if such proposed Transfer was an entirely new and separate transaction, except that for such reoffer the Tag Along Notice
Period will be only 10 days. 
  

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 (vi) If, after the initial Public Offering of the securities of the Dutchco, the Company distributes
securities of the Dutchco to the holders of the Company’s Securities, the Company shall either (A) cause the Dutchco to amend its organizational documents to permit transfers of Dutchco securities pursuant to this Section 2(a) without
the approval of the management board of the Dutchco or (B) cause the management board of the Dutchco to approve any transfer by a CCMPA Holder pursuant to this Section 2(a). 
 (vii) The Company shall bear all reasonable out-of-pocket costs of any Transfer pursuant to this Section 2(a) (whether or not consummated) incurred
by the Transferring Holder and each other Person participating in any such Transfer (including the reasonable fees and expenses of legal counsel to the Company and the Bain Holders and of a single legal counsel selected by the CCMPA Holders to
represent them as a group (with any additional legal costs incurred by the CCMPA Holders to be borne by such CCMPA Holders)). 
 (b)
“Piggyback” Registration Rights in Registered Offerings of Bain Securities. 
 (i) Whenever the Company proposes to register
any Bain Securities under the Securities Act (or any similar listed offering under applicable securities laws of a jurisdiction outside the United States) (a “Piggyback Registration”), then the Company will deliver, or cause to be
delivered, to the CCMPA Holders a written notice (a “Registration Notice”), specifying the approximate number of Bain Securities to be registered and the anticipated per share price range for the offering. 
 (ii) Each CCMPA Holder may elect to participate in the proposed Piggyback Registration by delivering written notice to the Company within 20 days after
delivery of the Registration Notice. Any CCMPA Holder who does not deliver written notice of its election to participate to the Company within 20 days after delivery of the Registration Notice shall be deemed to have waived all of such holder’s
rights to participate in such Transfer. 
 (iii) If any CCMPA Holders have elected to participate in such Piggyback Registration, then
(subject to the cutback provisions set forth in clause (iv) below) each such participating CCMPA Holder will be entitled to include in such Piggyback Registration, at the same price and on the same terms as the Bain Holders, a number of each
class of Securities being offered equal to such CCMPA Holder’s Pro Rata Share of the Securities of such class as are proposed to be included by the Bain Holders in such registration. 
 (iv) In any underwritten registration, if the managing underwriters advise the Company that in their opinion the total number of Securities requested or
proposed to be included in such registration exceeds the number which can be sold in such offering without adversely affecting the marketability of such offering, then each Bain Holder and CCMPA Holder participating in such registration shall be
entitled to include in the proposed registration such Holder’s Pro Rata Share of the total number of each class of Securities that in the opinion of the managing underwriters can be sold by the Bain Holders and the CCMPA Holders, in the
aggregate, without adversely affecting the marketability of the offering. 
  

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 (v) The Company shall take all actions necessary to effectuate the transactions contemplated by this
Section 2(b). All expenses incident to the Company’s registration of securities in any Piggyback Registration, including all registration, qualification, filing, and listing fees, fees and expenses of compliance with applicable securities
laws, printing expenses, messenger and delivery expenses, and fees and disbursements of counsel for the Company and all independent certified public accountants, underwriters (excluding discounts and commissions) and other Persons retained by the
Company, will be paid by the Company in respect of each Piggyback Registration, whether or not it has become effective, including that the Company will pay its internal expenses (including all salaries and expenses of its officers and employees
performing legal or accounting duties), the expense of any annual audit or quarterly review, the expense of any liability insurance and the expenses and fees for listing the securities to be registered on each securities exchange or automated
quotation system on which similar securities issued by the Company are then listed. In addition, the Company will pay, and reimburse the CCMPA Holders covered by such registration for payment of, the reasonable fees and disbursements of one counsel
chosen by the CCMPA Holders incurred in connection with any Piggyback Registration, whether or not it has become effective. 
 (vi) If any
CCMPA Holder elects to participate in a Piggyback Registration, such holder shall (A) agree to sell such holder’s Securities on the basis provided in any underwriting arrangements approved by the Parent Board; (B) complete, execute
and deliver (or cause to be completed, executed and delivered) any questionnaires, powers of attorney, indemnities, underwriting agreements, and other documents required under the terms of the underwriting arrangements or by the Bain Holders to
consummate such registration, which documentation shall be on terms substantially identical to those executed by the Bain Holders; (C) provide in writing such information and affidavits as requested by the Company in connection with any
registration statement or prospectus relating to such offering; and (D) take or cause to be taken all such reasonable and customary actions in connection with the consummation of such registration as are requested by the Bain Holders, including
executing, acknowledging, and delivering consents, assignments, waivers, and other documents or instruments; furnishing information and copies of documents; and filing applications, reports, returns, filings, and other documents or instruments with
governmental authorities; provided that (1) no CCMPA Holder shall be liable in respect of the registration statement filed in connection with such offering for amounts in excess of the net proceeds received by such CCMPA Holder in such
offering and (2) no CCMPA Holder shall be required to provide any indemnity for any information contained in the registration statement filed in connection with such offering, except for written materials provided by such CCMPA Holder for the
express inclusion in such registration statement. 
 (c) Subsidiary Public Offering. If there is a Public Offering of the securities
of any Subsidiary of the Company, the Company shall cause such Subsidiary to enter into a registration rights agreement with the parties hereto having terms substantially the same (in respect of such Subsidiary) as are applicable to the Company in
this Section 2. 
 (d) Term. The provisions of Section 2(b) shall terminate and be of no further force and effect at such
time as all Securities held by the CCMPA Holders become eligible for sale under Rule 144(k) under the Securities Act. 
  

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 3. “Drag Along” in an Approved Sale. 
 (a) If the Bain Holders request (i) a Transfer of a majority of the assets of the Dutchco and its Subsidiaries (determined on a consolidated basis)
to any Independent Third Party or group of Independent Third Parties, (ii) a Transfer of a majority of the Company’s outstanding Fully Diluted Ordinary Shares (whether by merger (including one in which the Company is the surviving entity),
recapitalization, consolidation, reorganization, combination or otherwise) to any Independent Third Party or group of Independent Third Parties, or (iii) a Transfer of a majority of the Dutchco’s outstanding ordinary shares (determined on
a fully diluted basis) (whether by merger (including one in which the Dutchco is the surviving entity), recapitalization, consolidation, reorganization, combination or otherwise) to any Independent Third Party or group of Independent Third Parties
(each an “Approved Sale”), each CCMPA Holder shall vote for, consent to and raise no objections against such Approved Sale. 
 (b) If the Approved Sale is structured as (i) a merger (including one in which the Company is the surviving corporation) or consolidation, each CCMPA Holder will waive any dissenter’s rights, appraisal rights or similar rights in
connection with such merger or consolidation or (ii) a Transfer of Securities (including by recapitalization, consolidation, reorganization, combination or otherwise), each CCMPA Holder will agree to sell its Pro Rata Share of each class of
Securities to be sold in such Transfer, at the same price and on the same terms and conditions as apply to the Bain Holders in such transaction. 
 (c) In connection with any Approved Sale, each CCMPA Holder participating in such sale shall (A) prior to closing of the proposed Transfer, execute and deliver (or cause to be executed and delivered) any purchase agreement or other
documentation required by the Bain Holders to consummate the Transfer (including all legal opinions, cross-receipts, and certificates), which purchase agreement and other documentation shall be on terms substantially identical to those executed by
the Bain Holders (including (1) joining on a pro rata basis (whether by purchase price adjustment, indemnity payments or otherwise) in any representations, warranties, covenants and agreements in respect of the Company and its Subsidiaries, and
(2) making on a several basis individual representations and warranties as to such CCMPA Holder’s valid ownership of such CCMPA Holder’s Securities, free of all liens and encumbrances or adverse claims, enforceability against such
CCMPA Holder, and each CCMPA Holder’s authority, power and right to enter into and consummate agreements relating to such Transfer without violating applicable law or any other agreement), (B) at the closing of the Transfer, deliver to the
proposed transferee(s) the certificate or certificates representing the Securities to be sold in such Transfer by such CCMPA Holder, duly endorsed for transfer with signatures guaranteed, against receipt of the purchase price thereof, and
(C) take all such other reasonable and customary actions in connection with the consummation of the Approved Sale as are requested by the Bain Holders, including executing, acknowledging, and delivering consents, assignments, waivers, and other
documents or instruments; furnishing information and copies of documents; and filing applications, reports, returns, filings, and other documents or instruments with governmental authorities. 
 (d) The obligations of the CCMPA Holders to participate in any Approved Sale pursuant to this Section 3 are subject to the satisfaction of the
following condition: if the Bain Holders are given an option as to the form and amount of consideration to be received with respect to Securities in a class or series, all CCMPA Holders of Securities of such class or series will be given the same
option. 
  

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 (e) If a CCMPA Holder receives its proportionate share of the purchase price from an Approved Sale, then,
notwithstanding any failure by such holder to deliver certificates representing the Securities to be Transferred as required by this Section 3, such CCMPA Holder shall, upon receipt of such purchase price, have no voting rights, shall not be
entitled to any dividends or distributions, and shall have no other rights or privileges granted to holders of Securities under applicable law or this Agreement after the date of the Approved Sale with respect to the Securities to be Transferred in
such Approved Sale. 
 (f) The Company shall bear all reasonable out-of-pocket costs of any Transfer pursuant to this Section 3 (whether
or not consummated) incurred by the Bain Holders and each other Person participating in any such Transfer (including the reasonable fees and expenses of legal counsel to the Company and the Bain Holders and of a single legal counsel selected by the
CCMPA Holders to represent them as a group (with any additional legal costs incurred by the CCMPA Holders to be borne by such CCMPA Holders)). 
 (g) In the event that both Section 2 and Section 3 apply to a single transaction, the “drag along” rights set forth in this Section 3 will have priority over the “tag along” rights set forth in
Section 2 above, and the “tag along” rights set forth in Section 2 will become exercisable by the CCMPA Holders following a determination by the Bain Holders not to exercise their rights under this Section 3. 
 4. Preemptive Rights. 
 (a) If the
Parent Board or the Dutchco Board authorizes the issuance or sale (other than an Exempt Issuance) of any equity securities of the Company, the Dutchco, or any Subsidiary thereof, or any securities convertible into or exchangeable or exercisable for
equity securities of the Company, the Dutchco, or any Subsidiary thereof or containing options or rights to acquire equity securities of the Company, the Dutchco, or any Subsidiary thereof, to any Bain Holder or any of their Affiliates, the Company
shall offer to sell to each CCMPA Holder a portion of such securities equal to such CCMPA Holder’s Pro Rata Share. If the Bain Holders are also required to acquire other debt or equity securities in connection with their purchase, the CCMPA
Holders exercising their rights pursuant to this Section 4(a) shall also be required to purchase the same type of securities (on the same terms) that such other Persons are required to purchase. 
 (b) In order to exercise its purchase rights hereunder, each CCMPA Holder must deliver a written notice to the Company, the Dutchco, or such Subsidiary,
as applicable, describing its election hereunder within 15 days after receipt of written notice from the Company, the Dutchco, or such Subsidiary, as applicable (the “Preemptive Right Notice Period”), describing in reasonable detail
the securities being offered, the purchase price thereof, the payment terms and such holder’s percentage allotment. The closing of any transaction contemplated by this Section 4 shall not occur on any date that is earlier than 15 days
after the expiration of the Preemptive Right Notice Period. The purchase price for all securities offered to each such CCMPA Holder shall be the same price per security being paid by the Bain Holders 
  

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 and shall be payable at the same time as the closing of the sale to the Bain Holders in cash by wire transfer of
immediately available funds; provided that the closing of any such purchase by a CCMPA Holder may be extended beyond the closing of the Bain Holders’ purchase to the extent necessary to obtain required governmental approvals and other required
approvals, and the Company and the CCMPA Holders shall use their commercially reasonable efforts to obtain such approvals. 
 (c) In the
event that any CCMPA Holder acquires any equity securities of the Company, the Dutchco, or any Subsidiary thereof, or any securities convertible into or exchangeable or exercisable for equity securities of the Company, the Dutchco, or any Subsidiary
thereof or containing options or rights to acquire equity securities of the Company, the Dutchco, or any Subsidiary thereof, pursuant to this Section 4 in a preferred stock or debt offering by the Company, the Dutchco, or such Subsidiary, each
CCMPA Holder agrees to exercise all the rights it may have with respect to the Company, the Dutchco, or such Subsidiary (such as covenants and remedies) arising out of such securities acquired pursuant to this Section 4 (including any such
preferred stock or debt securities) in the same manner as determined by the Bain Holders (it being understood that the CCMPA Holder’s obligations under this sentence shall not affect such CCMPA Holder’s rights under this Agreement with
respect to other Securities). 
 (d) The CCMPA Holders accept, acknowledge, and agree that they will not be entitled to any statutory or
other preemptive right in respect of issuances by the Company and its Subsidiaries, except as set forth in this Section 4. 
 (e) The
provisions of this Section 4 (other than Section 4(c)) will terminate and be of no further force or effect upon the consummation of a Public Offering. 
 5. Information Rights. 
 (a) So long as CCMPA and its Affiliates own in the aggregate at least 50% of
the Fully Diluted Ordinary Shares held by CCMPA and its Affiliates as of the date hereof (as appropriately adjusted for securities splits, securities dividends, securities combinations, recapitalizations, and similar transactions), CCMPA shall have
the right to visit and inspect, during normal business hours upon reasonable advance notice to the Company and without unreasonably interfering with the Company’s and its Subsidiaries’ normal business operations, such of the Company’s
and its Subsidiaries’ assets, records, files and other information as it may reasonably request (and make copies of such records) and to meet with the Company’s and its Subsidiaries’ officers and other management personnel to obtain
in the ordinary course such customary information regarding the Company and its Subsidiaries, and their respective businesses and prospects, as it may reasonably request. 
 (b) During the period of time when any CCMPA Holder is entitled to nominate the CCMPA Directors pursuant to the terms of Section 1 above, the U.S. Company (and, to the extent applicable, Parent and/or the
Dutchco) will provide the following information to CCMPA: (i) any internal board materials and board books at such times as such materials and books are provided to the other members of the U.S. Company Board (and, if applicable, the Parent
Board and/or the Dutchco Board); (ii) any annual, quarterly, and monthly financial statements and 
  

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 annual budgets of the Company and its Subsidiaries at such times as such materials are provided to the Bain Holders;
(iii) prompt notice of any material breach of any material agreements to which the Company or any of its Subsidiaries is a party, including any financing agreements; (iv) prompt notice of any material claims or disputes involving the
Company or any of its Subsidiaries; and (v) any other information concerning the Company and its Subsidiaries that is reasonably requested by CCMPA. Prior to a Public Offering, if any CCMPA Holder is not entitled to nominate the CCMPA Directors
pursuant to the terms of Section 1 above, then Parent and the Company will only provide to CCMPA annual audited financial statements, quarterly unaudited financial statements, and annual budgets for the Company and its Subsidiaries in such form
and at such times as such statements and budgets are provided to the Bain Holders. 
 (c) Each CCMPA Holder acknowledges that the
information, observations and data obtained by it concerning the business and affairs of the Company and its Subsidiaries and Affiliates are the property of the Company or such Subsidiaries and Affiliates, including information concerning
acquisition opportunities in or reasonably related to the Company’s and its Subsidiaries’ business or industry of which any CCMPA Holder may become aware. Therefore, each CCMPA Holder agrees that it will hold all such information,
observations, and data in strictest confidence and not disclose to any Person or use for its own account any of such information, observations or data without the Parent Board’s express written consent, unless and to the extent that the
aforementioned matters (i) become generally known to and available for use by the public other than as a result of the acts or omissions to act of any CCMPA Holder or (ii) is required to be disclosed pursuant to any applicable law, court
order or administrative or judicial subpoena (in which case such holder shall give prompt advance notice to the Company of such required disclosure, and cooperate with the Company in seeking a protective order or other appropriate safeguard of
confidentiality). In addition, the CCMPA holders agree not to purchase or sell any equity or debt securities of the Company unless such purchase or sale complies with the Securities Act and the rules and regulations thereunder and any other
applicable state or foreign securities laws. 
 6. Public Offering. 
 (a) Approval. If at any time the Parent Board or the Dutchco Board, as applicable, approves a Public Offering, each CCMPA Holder shall vote for and
consent to (to the extent it has any voting or consent right and subject to applicable law) and raise no objections against such Public Offering, and shall take all reasonable actions in connection with the consummation of such Public Offering as
requested by the Parent Board or the Dutchco Board, as applicable; provided that (i) no CCMPA Holder shall be liable in respect of the registration statement filed in connection with such offering for amounts in excess of the net
proceeds received by such CCMPA Holder in such offering and (ii) no CCMPA Holder shall be required to provide any indemnity for any information contained in the registration statement filed in connection with such offering, except for written
materials provided by such CCMPA Holder for the express inclusion in such registration statement. 
 (b) Reorganization. In connection
with any Public Offering of the Company subject to this Section 6, each CCMPA Holder shall agree to effectuate such Public Offering as follows: 
  

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 (i) If the Parent Board and the managing underwriters agree that it will be more beneficial to either the
Bain Holders or the Public Offering to effect the Public Offering using a public company vehicle (the “Newco”) organized under the laws of the Grand Duchy of Luxembourg, the Company shall be converted into a société
anonyme (public company with limited liability or S.A.) under the laws of the Grand Duchy of Luxembourg, and the Securities held by all holders will be reclassified as described below into the securities of Newco to be offered in such Public
Offering (the “Newco Common”); or 
 (ii) If the Parent Board and the managing underwriters agree that it will be more
beneficial to either the Bain Holders or the Public Offering to effect the Public Offering using a Newco or a Subsidiary organized under the laws of another jurisdiction, the Company shall form or, if applicable, reorganize or recapitalize such
entity, and the CCMPA Holders shall, if requested by the Parent Board, contribute all of their Securities to such Newco or Subsidiary in exchange for common stock in Newco or the relevant Subsidiary having the same rights, preferences and
designations as the common stock in Newco or the relevant Subsidiary received by the Bain Holders in exchange for contributing the same type of Securities as the CCMPA Holders in connection with such reorganization or recapitalization;
provided, however, that if the PECs or CPECs are to be paid off in cash in connection with the Public Offering, then, if the Parent Board shall request, they shall be contributed in exchange for such other Newco securities to achieve a tax
efficient result as determined by the Parent Board. 
 The Newco Common issued to the holders of Securities shall be allocated among such holders so that,
immediately after such exchange, each such holder of Securities holds Newco Common having an aggregate value (based on the Public Offering price to the public) equal to the amount which such holder of Securities would have received if, immediately
prior to such exchange, the Company had distributed to the holders of Securities an aggregate amount equal to the Implicit Pre-IPO Value of the Newco Common in a complete liquidation pursuant to the rights and preferences set out in the
Company’s Articles and in the Terms and Conditions of the CPECs and the PECs (in the form attached to the Company’s Articles) immediately prior to such exchange. Shares of Newco Common shall be allocated among such holders as determined by
the rights and preferences set out in the Company’s Articles and the Terms and Conditions of the CPECs and PECs. Any such reorganization or domestication shall be consummated in a manner intended to minimize transaction costs and tax
liabilities for the Company and the holders of Securities. Bain agrees to consult in good faith with (but will not require the approval of) CCMPA in connection with implementing any such reorganization or domestication in a manner that is consistent
with the preceding sentence. 
 (c) Waiver. Without limiting the generality of the foregoing, each CCMPA Holder hereby waives any
dissenter’s rights, appraisal rights or similar rights in connection with any recapitalization, reorganization and/or exchange pursuant to this Section 6. 
 (d) Subsidiary Public Offering. If there is a Public Offering of the securities of any Subsidiary of the Company, and after such Public Offering the Company distributes securities of such Subsidiary to the
holders of the Company’s Securities (whether in liquidation of the Company, dividend or otherwise), such distributed securities shall be deemed to be Securities for purposes of this Agreement and each holder of the Company’s Securities
shall be bound by and entitled to the benefits of the terms and conditions of this Agreement in respect of such distributed securities in the same manner as the Company’s Securities held by such holder. 
  

 11 

 7. Transfer Restrictions. 
 (a) Each CCMPA Holder understands and agrees that any Securities issued to or held by such holder on the date hereof have not been registered under the
Securities Act or under any state securities laws or the securities laws of any country. No CCMPA Holder shall Transfer any CCMPA Securities (or solicit any offers in respect of any Transfer of such Securities), except in compliance with the
Securities Act, and any applicable state or national or foreign securities laws and any restrictions on Transfer contained in this Agreement. 
 (b) In addition to the foregoing, no CCMPA Holder shall Transfer any CCMPA Securities to any Person at any time, other than in connection with (i) participation in a sale by Bain Holders pursuant to the terms of Section 2,
(ii) an Approved Sale in accordance with Section 3, (iii) a Public Sale, or (iv) an Exempt Transfer. 
 (c) Each
certificate evidencing Bain Securities and CCMPA Securities and each certificate issued in exchange for or upon the transfer of any Bain Securities and/or CCMPA Securities (if such securities remain Bain Securities and/or CCMPA Securities as defined
herein after such Transfer) shall be stamped or otherwise imprinted with a legend in substantially the following form until such time as such Securities represented thereby are no longer subject to the provisions hereof: 
 “THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN TRANSFER AND VOTING RESTRICTIONS PURSUANT TO A SECURITYHOLDERS AGREEMENT
DATED AS OF APRIL 27, 2006 AMONG THE ISSUER OF SUCH SECURITIES (THE “COMPANY”) AND CERTAIN OF THE COMPANY’S SECURITYHOLDERS, AS MAY BE AMENDED FROM TIME TO TIME. A COPY OF SUCH SECURITYHOLDERS AGREEMENT WILL BE FURNISHED WITHOUT
CHARGE BY THE COMPANY TO THE HOLDER HEREOF UPON WRITTEN REQUEST.” 
 The Company shall imprint such legend on certificates evidencing Bain Securities
and CCMPA Securities outstanding prior to the date hereof. The legend set forth above shall be removed from the certificates evidencing any shares which cease to be Bain Securities or CCMPA Securities, as the case may be, in accordance with the
terms hereof. 
 (d) No CCMPA Holder shall effect any Transfer of any CCMPA Securities or any other equity securities of the Company, or any
securities convertible into or exchangeable or exercisable for such securities, during (i) the seven days prior to and the 180-day period beginning on the effective date of an initial Public Offering and (ii) the seven days prior to and
the 90-day period beginning on the effective date of any Public Offering other than an initial Public Offering, except as part of any such offering or unless the underwriters managing the registration of any such offering otherwise agree; it being
understood that the CCMPA Holders will not be subject to a longer lock-up than the Bain Holders. 
  

 12 

 (e) Any Transfer or attempted Transfer of any Securities in violation of any provision of this Agreement
shall be void, and the Company shall not record such Transfer on its books or treat any purported transferee of such Securities as the owner thereof for any purpose. 
 8. Consent Rights. So long as CCMPA and its Affiliates own in the aggregate at least 50% of the Fully Diluted Ordinary Shares held by CCMPA and its Affiliates as of the date hereof (as appropriately adjusted
for securities splits, securities dividends, securities combinations, recapitalizations, and similar transactions), without the prior written consent of CCMPA: 
 (a) except for matters of the type addressed by (b) or (c) below, neither Parent nor the Company will, nor will they permit any of their Subsidiaries to, at any time after the date hereof, enter into, make,
or modify any transaction, contract, or agreement with the Bain Holders or any of their Affiliates (an “Affiliate Transaction”) unless such Affiliate Transaction is on terms that are not materially less favorable to the Company or
the relevant Subsidiary than those that would be obtained in a comparable transaction with a bona fide third party on an arm’s length basis; provided that the term “Affiliate Transaction” shall not include this Agreement or the
Advisory Agreement dated as of the date hereof among the Company (or any of its Affiliates), an Affiliate of the Bain Holders, an Affiliate of the CCMPA Holders, and any other parties thereto (as the terms of such agreements are in effect as of the
date hereof); 
 (b) the Company will not make any amendment to its Articles or other organizational documents (including in connection with
a reorganization pursuant to Section 6 hereof), or, after a distribution of Dutchco securities to the holders of the Company’s Securities, any amendment to the organizational documents of the Dutchco, which amendment would change any of
the terms, conditions, rights, or preferences of the CCMPA Securities (including any Dutchco securities held by the CCMPA Holders) in any manner different from the terms, conditions, rights, and preferences of the Bain Securities (including any
Dutchco securities held by the Bain Holders) (and Bain agrees to consult in good faith with (but will not require the approval of) CCMPA in connection with effecting any other amendment to such organizational documents); and 
 (c) neither Parent nor the Company shall declare (i) any dividend and/or distribution in respect of any Securities or the Management Share (as
described in the Company’s Articles) or (ii) any redemption or other repurchase of any Securities or the Management Share (other than redemptions or other repurchases of Securities of employees of the Company and its Subsidiaries in the
normal course of business upon or after termination of employment pursuant to arrangements approved by the Board), in each case unless such actions are consummated on a pro rata basis amongst the holders thereof in accordance with the distribution
mechanics set forth in its organizational documents. 
 9. Definitions. 
 “Affiliate” shall mean, with respect to any Person, any other Person controlling, controlled by or under common control with the Person
and, in the case of a Person which is a partnership, any general partner of the Person. For purposes of this definition, “control” when used with respect to any Person means the power to direct the management and policies of such Person,
directly or indirectly, whether through the ownership of voting securities, by contract, or otherwise, and the terms “controlling” and “controlled” have correlative meanings. 
  

 13 

 “Articles” means the Company’s Articles of Association as amended from time to time
in accordance with their terms. 
 “Bain Holder” means any holder of Bain Securities. 
 “Bain Securities” means any Securities acquired by Bain or its Affiliates and any equity securities issued or issuable directly or
indirectly with respect to such Securities by way of a stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization or upon conversion thereof. Any particular securities
constituting Bain Securities that are Transferred in compliance with the provisions of this Agreement shall continue to constitute Bain Securities in the hands of any such transferee; provided that such securities will cease to be Bain
Securities only when they have been Transferred by a Bain Holder pursuant to clause (b) or (c) of the definition of Exempt Transfer or in compliance with Section 2 or Section 3. 
 “Business Day” means any day that is not a Saturday, a Sunday or any other day on which banks are required or authorized by law to be
closed in the State of New York. 
 “CCMPA Holder” means any holder of CCMPA Securities. 
 “CCMPA Securities” means any Securities acquired by CCMPA or its Affiliates and any equity securities issued or issuable directly or
indirectly with respect to such Securities by way of a stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization or upon conversion thereof. Any particular securities
constituting CCMPA Securities that are Transferred in compliance with the provisions of this Agreement shall continue to constitute CCMPA Securities in the hands of any such transferee; provided that such securities will cease to be CCMPA
Securities only when they have been (i) Transferred in a Public Sale, (ii) Transferred pursuant to clause (c) of the definition of Exempt Transfer, or (iii) Transfers in accordance with Section 2 or 3. 
 “Change in Control” means (a) any transaction or series of related transactions in which Bain (whether by merger, sale of
securities, recapitalization, or reorganization) disposes of or sells more than 50% of the total voting power or economic interest in the Company to one or more Independent Third Parties, (b) any transaction or series of related transactions in
which the Company (whether by merger, sale of securities, recapitalization, or reorganization) disposes of or sells more than 50% of the total voting power or economic interest in the Dutchco to one or more Independent Third Parties, and (c) a
sale or disposition of all or substantially all of the assets of the Dutchco and its Subsidiaries on a consolidated basis; provided that, in the case of clauses (a) and (b) above, such transaction shall only constitute a Change in Control
if it results in Bain ceasing to have the power (whether by ownership of voting securities, contractual right or otherwise), collectively, to elect a majority of the Parent Board or the Dutchco Board, respectively. 
  

 14 

 “CPECs” means the convertible preferred equity certificates, par value
€1.25 per certificate, issued by the Company, and, if applicable, any additional series of convertible preferred equity certificates duly authorized and issued by the Company from time to time. 
 “Dutchco Board” means the management board of the Dutchco. 
 “Exempt Issuance” means any issuance of securities (a) in a Public Offering, (b) in an Approved Sale, (c) to employees of
the Company or any of its Subsidiaries pursuant to a management equity plan approved by the Parent Board or the Dutchco Board for compensation purposes, (d) to an individual serving on the Parent Board or the Dutchco Board pursuant to an equity
plan approved by the Parent Board or the Dutchco Board, as applicable, for compensation purposes, (e) upon conversion or exercise of, or in exchange for, any securities of the Company or the Dutchco or any options or other rights to acquire
securities of the Company or the Dutchco (so long as such securities were not issued in violation of this Agreement), (f) as a pro rata distribution with respect to any class of the Company’s or the Dutchco’s outstanding securities,
or (g) pursuant to any securities split, securities dividend, securities combination, recapitalization or similar transaction that affects all equityholders or holders of any class of securities proportionately. 
 “Exempt Transfer” means, (a) a Transfer by a Bain Holder or a CCMPA Holder to any of such holder’s Affiliates (other than a
Transfer pursuant to clause (c) of this definition), (b) a Transfer by a Bain Holder in a Public Sale, (c) after a Public Offering, a Transfer by a Bain Holder or a CCMPA Holder to its partners or members in the form of dividends or
distributions (whether upon liquidation or otherwise) and any subsequent sales by such partners or members, and (d) a Transfer by a CCMPA Holder to any Person with the prior written approval of Bain; provided that in the case of clauses
(a) and (d) above, the transferee thereof shall have agreed, prior to such Transfer, to be bound by the provisions of this Agreement with respect to the transferred Securities by executing and delivering to the Company a counterpart of
this Agreement. 
 “Fully Diluted Ordinary Shares” means, at any time, the aggregate Ordinary Shares then outstanding,
assuming the conversion of all CPECs or other securities convertible into or exchangeable for Ordinary Shares, and the exercise of any and all in-the-money options, warrants, or other rights to purchase or acquire Ordinary Shares or CPECs.

 “Holder” means any holder of Securities. 
 “Implicit Pre-IPO Value” shall be equal to (a) the Total Price to the Public divided by the percentage (stated as a decimal) that the number of shares of Newco Common sold pursuant to the IPO
represents of the total number of shares of Newco Common to be outstanding immediately following the IPO, minus (b) the Primary Offering Proceeds. The “Primary Offering Proceeds” means the number of shares of Newco Common sold
in the primary offering (which may be zero) in connection with the IPO, multiplied by the Per Share Price. “IPO” means an underwritten initial public offering of Newco Common. “Per Share Price” means, in connection
with any IPO, the price set out or that would be set out on the cover page of a prospectus for such IPO under the caption “Price to Public” (or any similar caption) and opposite the caption “Per Share” (or any similar caption),
less the per share allocation of the underwriting 
  

 15 

 discounts and commissions and expenses incurred by the Company in connection with the IPO. “Total Price to the
Public” means the Per Share Price multiplied by the number of shares of Newco Common sold pursuant to the IPO. 
 “Independent Third Party” means any Person who, immediately prior to the contemplated transaction, does not own in excess of 5% of the Company’s Fully Diluted Ordinary Shares or in excess of 5% of the fully diluted
capital stock of any Subsidiary of the Company (a “5% Owner”), or who is not an Affiliate of such a 5% Owner. 
 “Ordinary Shares” means the ordinary shares of the Company, par value €1.25 per ordinary share (or, after any reorganization or conversion transaction contemplated by Section 6, the ordinary common share
capital of the Company). 
 “Parent Board” means the board of directors of the Parent. 
 “PECs” means the preferred equity certificates, par value €1.25 per certificate, issued by the Company, and, if applicable,
any additional series of preferred equity certificates duly authorized and issued by the Company from time to time. 
 “Person” means an individual, a partnership, a corporation, a limited liability company, an association, a joint stock company, a trust, a joint venture, an unincorporated organization and a governmental entity or any
department, agency or political subdivision thereof. 
 “Pro Rata Share” means: 
 (a) for purposes of the “tag along” participation rights in Section 2(a), with respect to any Holder, the product of (i) the quotient
determined by dividing the number of such class of Securities owned by such Holder by the aggregate number of such class of Securities owned by all Persons participating in such Transfer (including the Transferring Holder, and whether such Persons
are participating pursuant to this Agreement or otherwise) and (ii) the number of such class of Securities to be sold in the proposed Transfer; 
 (b) for purposes of the “piggyback” registration rights in Section 2(b), with respect to any Bain Holder or CCMPA Holder, the product of (i) the quotient determined by dividing the number of such
class of Securities owned by such Holder by the aggregate number of such class of Securities owned by all Bain Holders and CCMPA Holders requesting to include Securities in such Piggyback Registration, and (ii) the number of such class of
Securities to be included in such registration as referenced in the text of this Agreement to which the term Pro Rata Share refers; 
 (c)
for purposes of the “drag-along” rights in Section 3, with respect to any CCMPA Holder, the product of (i) the quotient determined by dividing the number of such class of Securities owned by such CCMPA Holder by the aggregate
number of such class of Securities owned by all Persons participating in such Approved Sale (including the Bain Holders, and whether such Persons are participating pursuant to this Agreement or otherwise) and (ii) the number of such class of
Securities to be sold in the Approved Sale; 
  

 16 

 (d) for purposes of the preemptive rights in Section 4, with respect to any issuance by the Company
to the CCMPA Holder, the product of (i) the quotient determined by dividing the number of Fully Diluted Ordinary Shares owned by such CCMPA Holder by the aggregate number of Fully Diluted Ordinary Shares then outstanding, and (ii) the
number of such class of securities the Company proposes to issue; and 
 (e) for purposes of the preemptive rights in Section 4, with
respect to any issuance by the Dutchco (or any other Subsidiary of the Company) to the CCMPA Holder, the product of (i) the quotient determined by dividing the number of Fully Diluted Ordinary Shares owned by such CCMPA Holder by the aggregate
number of Fully Diluted Ordinary Shares then outstanding, and (ii) the quotient determined by dividing the number of ordinary shares of the Dutchco owned by the Company by the number of ordinary shares of the Dutchco then outstanding
(determined on a fully diluted basis) (or, in the case of an offering by another Subsidiary of the Company, the Company’s indirect percentage interest in such Subsidiary), and (iii) the number of such class of securities the Dutchco (or
such Subsidiary) proposes to issue, less the CCMPA Holder’s proportional share (based on ownership of the Company) of such securities acquired by the Company in such issuance. 
 “Public Offering” means: 
 (a) with respect to the Company, any firm commitment underwritten sale of Ordinary Shares pursuant to an effective registration statement under the Securities Act filed with the Securities and Exchange Commission on Form S-1 or F-1 (or a
successor or similar form adopted by the Securities and Exchange Commission or any securities commission of any foreign country), or the effective registration or listing or qualification on a major securities market in accordance with the laws of a
jurisdiction outside the United States; provided that the following shall not be considered a Public Offering: (i) any issuance of Ordinary Shares as consideration or financing for a merger or acquisition that would qualify for registration on
Form S-4 or F-4 or any successor or similar form used in the United States or any other country and (ii) any issuance of Ordinary Shares or rights to acquire Ordinary Shares to employees of the Company or its Subsidiaries as part of an
incentive or compensation plan registered on Form S-8 or any successor or similar form used in the United States or any other country; and 
 (b) with respect to any Subsidiary of the Company, any firm commitment underwritten sale of such Subsidiary’s shares pursuant to an effective registration statement under the Securities Act filed with the Securities and Exchange
Commission on Form S-1 or F-1 (or a successor or similar form adopted by the Securities and Exchange Commission or any securities commission of any foreign country), or the effective registration or listing or qualification on a major securities
market in accordance with the laws of a jurisdiction outside the United States; provided that the following shall not be considered a Public Offering: (i) any issuance of such Subsidiary’s shares as consideration or financing for a merger
or acquisition that would qualify for registration on Form S-4 or F-4 or any successor or similar form used in the United States or any other country and (ii) any issuance of such Subsidiary’s shares or rights to acquire such
Subsidiary’s shares to employees of the Company or its Subsidiaries as part of an incentive or compensation plan registered on Form S-8 or any successor or similar form used in the United States or any other country. 
  

 17 

 “Public Sale” means any sale of Securities to the public pursuant to an offering
registered under the Securities Act, or other registration or listing or qualification under the laws of a jurisdiction outside the United States, or to the public pursuant to the provisions of Rule 144 adopted under the Securities Act (or similar
laws of a jurisdiction outside the United States), or pursuant to Rule 144A adopted under the Securities Act or any similar transfer through any exchange or inter-dealer quotation system that is exempt from registration under the Securities Act and
applicable state and foreign securities laws. 
 “Securities” means the Ordinary Shares, the CPECs, and the PECs.

 “Securities Act” means the Securities Act of 1933, as amended from time to time, or any successor statute. 
 “Securities and Exchange Commission” means the United States Securities and Exchange Commission or any successor regulatory body.

 “Securities Exchange Act” means the Securities Exchange Act of 1934, as amended from time to time, or any successor
statute. 
 “Subsidiary” means with respect to any Person, any corporation, partnership, association or other business
entity of which (i) if a corporation, a majority of the total voting power of shares of stock entitled (without regard to the occurrence of any contingency) to vote in the election of directors is at the time owned or controlled, directly or
indirectly, by that Person or one or more of the other Subsidiaries of that Person or a combination thereof, or (ii) if a partnership, association or other business entity, a majority of the partnership or other similar ownership interest
thereof is at the time owned or controlled, directly or indirectly, by any Person or one or more Subsidiaries of that Person or a combination thereof. For purposes hereof, a Person or Persons shall be deemed to have a majority ownership interest in
a partnership, association or other business entity if such Person or Persons shall be allocated a majority of partnership, association or other business entity gains or losses or shall be or control the managing director or general partner of such
partnership, association or other business entity. 
 “Transfer” means any sale, pledge, assignment, encumbrance, or other
transfer or disposition of any interest in any Securities to any other Person, whether directly, indirectly, voluntarily, involuntarily, or by operation of law, pursuant to judicial process, or otherwise. 
 “U.S. Company” means Sensata Technologies, Inc., a Delaware corporation. 
 “U.S. Company Board” means the board of directors of the U.S. Company. 
 10. Amendment and Waiver. Except as otherwise provided herein, the provisions of this Agreement may be amended or waived only upon the prior
written consent of the Company, Bain, and CCMPA. The failure of any party to enforce any of the provisions of this Agreement shall in no way be construed as a waiver of such provisions and shall not affect the right of such party thereafter to
enforce each and every provision of this Agreement in accordance with its terms. 
  

 18 

 11. Severability. Whenever possible, each provision of this Agreement shall be interpreted in such
manner as to be effective and valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or
unenforceability shall not affect any other provision or the effectiveness or validity of any provision in any other jurisdiction, and this Agreement shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or
unenforceable provision had never been contained herein. 
 12. Entire Agreement. Except as otherwise expressly set forth herein, this
Agreement embodies the complete agreement and understanding among the parties hereto with respect to the subject matter hereof and supersedes and preempts any prior understandings, agreements or representations by or among the parties, written or
oral, which may have related to the subject matter hereof in any way. 
 13. Successors and Assigns. Except as otherwise provided in
this Agreement, this Agreement shall bind and inure to the benefit of and be enforceable by the Company and its successors and permitted assigns, the Dutchco and its successors and permitted assigns, Parent and its successors and permitted assigns,
the Bain Holders and any subsequent holders of Bain Securities and the respective successors and assigns of each of them so long as they hold Bain Securities, and the CCMPA Holders and any subsequent holders of CCMPA Securities and the respective
successors and assigns of each of them so long as they hold CCMPA Securities. 
 14. Counterparts. This Agreement may be executed in
separate counterparts each of which shall be an original and all of which taken together shall constitute one and the same agreement. 
 15.
Remedies; No Third Party Beneficiaries. The parties hereto agree and acknowledge that money damages may not be an adequate remedy for any breach of the provisions of this Agreement and that the Company and any holder of Securities shall have
the right to injunctive relief, in addition to all of its rights and remedies at law or in equity, to enforce the provisions of this Agreement. Except as set forth herein, nothing contained in this Agreement shall be construed to confer upon any
Person who is not a signatory hereto any rights or benefits, as a third party beneficiary or otherwise. 
 16. Notices. All notices,
demands and other communications to be given or delivered under or by reason of the provisions of this Agreement shall be in writing and shall be deemed to have been given when personally delivered, sent by telecopy (with receipt confirmed) on a
Business Day during regular business hours of the recipient (or, if not, on the next succeeding Business Day) or two Business Days after sent by reputable overnight express courier (charges prepaid). Such notices, demands and other communications
shall be sent to the following Persons at the following addresses: 
  

 19 

 To the Company: 
  

			
	Sensata Investment Company S.C.A.
	5, Parc d’Activité Syrdall
	L-5365 Munsbach
	Luxembourg
	Attention:	  	Mrs. Ailbhe Jennings
	Telephone No.:	  	352-0-2615-7232
	Facsimile No.:	  	352-0-2615-7222
	
	with a copy (which shall not constitute notice) to Bain and to:
	
	Kirkland & Ellis LLP
	200 East Randolph Drive
	Chicago, Illinois 60611
	Attention:	  	Jeffrey C. Hammes, P.C.
		  	Matthew E. Steinmetz, P.C.
		  	Jeffrey W. Richards
	Telephone No.:	  	312-861-2000
	Facsimile No.:	  	312-861-2200
	
	 To the Dutchco:

	
	 Sensata Technologies Holding B.V.
 c/o Amaco
Management Services B.V.

	Amsteldijk 166-6
	1079 LH Amsterdam
	P.O. Box 74120
	1070 BC Amsterdam
	The Netherlands
	Attention:	  	Nienke Vlasman
	Telephone No.:	  	31-20-644-6125
	Facsimile No.:	  	31-20-642-3185
	
	with a copy (which shall not constitute notice) to Bain and to:
	
	Kirkland & Ellis LLP
	200 East Randolph Drive
	Chicago, Illinois 60611
	Attention:	  	Jeffrey C. Hammes, P.C.
		  	Matthew E. Steinmetz, P.C.
		  	Jeffrey W. Richards
	Telephone No.:	  	312-861-2000
	Facsimile No.:	  	312-861-2200

  

 20 

			
	To Parent:
	
	Sensata Management Company S.A.
	5, Parc d’Activité Syrdall
	L-5365 Munsbach
	Luxembourg
	Attention:	 	Mrs. Ailbhe Jennings
	Telephone No.:	 	352-0-2615-7232
	Facsimile No.:	 	352-0-2615-7222
	
	with a copy (which shall not constitute notice) to Bain and to:
	
	Kirkland & Ellis LLP
	200 East Randolph Drive
	Chicago, Illinois 60611
	Attention:	 	Jeffrey C. Hammes, P.C.
		 	Matthew E. Steinmetz, P.C.
		 	Jeffrey W. Richards
	Telephone No.:	 	312-861-2000
	Facsimile No.:	 	312-861-2200
	
	To Bain:
	
	c/o Bain Capital Partners, LLC
	745 Fifth Avenue
	New York, New York 10151
	Attention:	 	Ed Conard
		 	Paul Edgerley
		 	Stephen M. Zide
	Telephone No.:	 	212-326-9420
	Facsimile No.:	 	212-421-2225
	
	and, if to Bain Capital Fund VIII-E, L.P., to:
	
	Bain Capital Fund VIII-E, L.P.
	Devonshire House 6th floor, Mayfair
Place
	London, England W1J 8AJ
	Attention:	 	Walid Sarkis
	Telephone No.:	 	44 (20) 7514-5252
	Facsimile No.:	 	44 (20) 7514-5250

  

 21 

			
	and, if to any of Prospect Harbor Credit Partners, L.P., Sankaty Credit
	Opportunities, L.P., Sankaty Credit Opportunities II, L.P., and Sankaty High
	Yield Partners III, L.P., to:
	
	c/o Sankaty Advisors, LLC
	111 Huntington Avenue
	Boston, MA 02119
	Attention:	 	Jonathan Lavine
	Telephone No.:	 	617-516-2000
	Facsimile No.:	 	617-516-2010
	
	and, if to Brookside Capital Partners Fund, L.P., to:
	
	 Brookside Capital Partners Fund, L.P.
 c/o
Brookside Capital, LLC

	111 Huntington Avenue
	Boston, MA 02119
	Attention:	 	Domenic Ferrante
	Telephone No.:	 	617-516-2000
	Facsimile No.:	 	617-516-2010
	
	and, in any event, with a copy (which shall not constitute notice) to:
	
	Kirkland & Ellis LLP
	200 East Randolph Drive
	Chicago, Illinois 60611
	Attention:	 	Jeffrey C. Hammes, P.C.
		 	Matthew E. Steinmetz, P.C.
		 	Jeffrey W. Richards
	Telephone No.:	 	312-861-2000
	Facsimile No.:	 	312-861-2200
	
	To AOF II or AOF Employee Fund:
	
	c/o Walkers SPV Limited
	PO Box 908 GT,
	Walker House, Mary Street
	George Town, Grand Cayman, Cayman Islands
	Facsimile No.: 345-945-4757
	
	with a copy (which shall not constitute notice) to:
	
	CCMP Asia Equity Partners II, L.P.
	30/F One International Finance Center
	1 Harbour View Street
	Central, Hong Kong
	Attention: Official Notice Clerk
	Facsimile No.: 852-2868-5551

  

 22 

			
	and
	
	O’Melveny & Myers LLP
	Times Square Tower
	7 Times Square
	New York, New York 10036
	Attention:	  	Douglas C. Freeman, Esq.
	Telephone No.:	  	212-326-2000
	Facsimile No.:	  	212-326-2061

 or to such other Person as the recipient party has specified by prior written notice to the sending party.

 17. Delivery by Facsimile. This Agreement and any signed agreement or instrument entered into in connection thereto or contemplated
thereby, and any amendments hereto or thereto, to the extent signed and delivered by means of a facsimile machine, shall be treated in all manner and respects as an original agreement or instrument and shall be considered to have the same binding
legal effect as if it were the original signed version thereof delivered in person. At the request of any party hereto or to any such agreement or instrument, each other party hereto or thereto shall re-execute original forms thereof and deliver
them to all other parties. No party hereto or to any such agreement or instrument shall raise the use of a facsimile machine to deliver a signature or the fact that any signature or agreement or instrument was transmitted or communicated through the
use of a facsimile machine as a defense to the formation of a contract and each such party forever waives any such defense. 
 18.
Governing Law. All issues concerning this Agreement shall be governed by and construed in accordance with the laws of the State of New York, without giving effect to any choice of law or conflict of law provision or rule (whether of the State
of New York or any other jurisdiction) that would cause the application of the law of any jurisdiction other than the State of New York. 
 19. Termination of Certain Provisions. This Agreement shall terminate and be of no further force and effect at such time as all Securities acquired by CCMPA and its Affiliates (other than Securities acquired pursuant to a Public
Sale), and any equity securities issued or issuable directly or indirectly with respect to such Securities by way of a stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other
reorganization or upon conversion thereof, cease to constitute CCMPA Securities under the terms hereof. 
 20. Descriptive Headings.
The descriptive headings of this Agreement are inserted for convenience only and do not constitute a substantive part of this Agreement. Whenever required by the context, any pronoun used in this Agreement shall include the corresponding masculine,
feminine or neuter forms, and the singular forms of nouns, pronouns, and verbs shall include the plural and vice versa. Reference to any agreement, document, or instrument means such agreement, document, or instrument as amended or otherwise
modified from time to time in accordance with the terms thereof, and if applicable hereof. The use of the words “include” or “including” in this Agreement shall be by way of example rather than by limitation. The use of

  

 23 

 the words “or,” “either” or “any” shall not be exclusive. The parties hereto have
participated jointly in the negotiation and drafting of this Agreement. If an ambiguity or question of intent or interpretation arises, this Agreement shall be construed as if drafted jointly by the parties hereto, and no presumption or burden of
proof shall arise favoring or disfavoring any party by virtue of the authorship of any of the provisions of this Agreement. The parties agree that prior drafts of this Agreement shall be deemed not to provide any evidence as to the meaning of any
provision hereof or the intent of the parties hereto with respect hereto. 
 *    *    *    *    * 
  

 24 

 IN WITNESS WHEREOF, the parties hereto have executed this Securityholders Agreement as of the day and
year first above written. 
  

			
	PARENT:
	
	SENSATA MANAGEMENT COMPANY S.A.
		
	By:	 	 /s/ Ailbhe Jennings

	Name:	 	Ailbhe Jennings
	Its:	 	Authorized Signatory
	
	COMPANY:
	
	SENSATA INVESTMENT COMPANY S.C.A.
		
	By:	 	Sensata Management Company S.A.
	Its:	 	Manager
		
	By:	 	 /s/ Michael Goss

	Name:	 	Michael Goss
	Its:	 	Authorized Signatory
	
	DUTCHCO:
	
	SENSATA TECHNOLOGIES HOLDING B.V.
		
	By:	 	 /s/ M.F. Stijger

	Name:	 	 Amaco Management Service B.V.

	Its:	 	Managing Director

 Signature Page to the Securityholders Agreement 

			
	BAIN:
	
	BAIN CAPITAL FUND VIII, L.P.
		
	By:	 	Bain Capital Partners VIII, L.P.
	Its:	 	General Partner
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BAIN CAPITAL VIII COINVESTMENT FUND, L.P.
		
	By:	 	Bain Capital Partners VIII, L.P.
	Its:	 	General Partner
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BAIN CAPITAL FUND VIII-E, L.P.
		
	By:	 	Bain Capital Partners VIII-E, L.P.
	Its:	 	General Partner
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director

 Signature Page to the Securityholders Agreement 

			
	BAIN CAPITAL FUND IX, L.P.
		
	By:	 	Bain Capital Partners IX, L.P.
	Its:	 	General Partner
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BAIN CAPITAL IX COINVESTMENT FUND, L.P.
		
	By:	 	Bain Capital Partners IX, L.P.
	Its:	 	General Partner
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BROOKSIDE CAPITAL PARTNERS FUND, L.P.
		
	By:	 	 /s/ Domenic Ferrante

	Name:	 	Domenic Ferrante
	Its:	 	Authorized Signatory

 Signature Page to the Securityholders Agreement 

			
	PROSPECT HARBOR CREDIT PARTNERS, L.P.
		
	By:	 	 /s/ Jonathan Lavine

	Name:	 	Jonathan Lavine
	Its:	 	Authorized Signatory
	
	SANKATY CREDIT OPPORTUNITIES, L.P.
		
	By:	 	 /s/ Jonathan Lavine

	Name:	 	Jonathan Lavine
	Its:	 	Authorized Signatory
	
	SANKATY CREDIT OPPORTUNITIES II, L.P.
		
	By:	 	 /s/ Jonathan Lavine

	Name:	 	Jonathan Lavine
	Its:	 	Authorized Signatory
	
	SANKATY HIGH YIELD PARTNERS III, L.P.
		
	By:	 	 /s/ Jonathan Lavine

	Name:	 	Jonathan Lavine
	Its:	 	Authorized Signatory

 Signature Page to the Securityholders Agreement 

			
	BCIP ASSOCIATES III
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	Managing General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BCIP ASSOCIATES III-B
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	Managing General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BCIP TRUST ASSOCIATES III
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	Managing General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BCIP TRUST ASSOCIATES III-B
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	Managing General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director

 Signature Page to the Securityholders Agreement 

			
	BCIP ASSOCIATES-G
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	Managing General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	AOF II:
	
	ASIA OPPORTUNITY FUND II, L.P.
		
	By:	 	CCMP Asia Equity Partners II, L.P.,
	Its:	 	General Partner
		
	By:	 	Liu Asia Equity Company II
	Its:	 	General Partner
		
	By:	 	 /s/ Leo Cheung

	Name:	 	 Leo Cheung

	Its:	 	 Authorized Signatory

	
	AOF EMPLOYEE FUND:
	
	AOF II EMPLOYEE CO-INVEST FUND, L.P.
		
	By:	 	CCMP Asia Equity Partners II, L.P.,
	Its:	 	General Partner
		
	By:	 	Liu Asia Equity Company II
	Its:	 	General Partner
		
	By:	 	 /s/ Leo Cheung

	Name:	 	Leo Cheung
	Its:	 	Authorized Signatory

 Signature Page to the Securityholders Agreement 

 Schedule of Holders 
  

							
	 Investor
	  	Series 1 PECs	  	CPECs	  	Ordinary Shares
	 Bain Holders:
	  		  		  	
	 Bain Capital Fund VIII, L.P.
	  	108,963,504	  	30,558,675	  	174,621
	 Bain Capital VIII Coinvestment Fund, L.P.
	  	33,609,888	  	9,425,850	  	53,862
	 Bain Capital Fund VIII-E, L.P.
	  	50,911,536	  	14,278,075	  	81,589
	 Bain Capital Fund IX, L.P.
	  	180,178,128	  	50,530,725	  	288,747
	 Bain Capital IX Coinvestment Fund, L.P.
	  	12,218,544	  	3,426,675	  	19,581
	 Brookside Capital Partners Fund, L.P.
	  	39,257,088	  	11,009,600	  	62,912
	 Prospect Harbor Credit Partners, L.P.
	  	1,002,144	  	281,050	  	1,606
	 Sankaty Credit Opportunities, L.P.
	  	1,002,144	  	281,050	  	1,606
	 Sankaty Credit Opportunities II, L.P.
	  	2,755,584	  	772,800	  	4,416
	 Sankaty High Yield Partners III, L.P.
	  	250,224	  	70,175	  	401
	 BCIP Associates III
	  	9,640,800	  	2,703,750	  	15,450
	 BCIP Trust Associates III
	  	1,925,040	  	539,875	  	3,085
	 BCIP Associates III-B
	  	781,248	  	219,100	  	1,252
	 BCIP Trust Associates III-B
	  	91,104	  	25,550	  	146
	 BCIP Associates-G
	  	84,864	  	23,800	  	136
				
	 CCMPA Holders:
	  		  		  	
	 Asia Opportunity Fund II, L.P.
	  	49,599,888	  	13,910,225	  	79,487
	 AOF II Employee Co-Invest Fund, L.P.
	  	504,192	  	141,400	  	808EMPLOYMENT AGREEMENT, DATED MAY 12, 2006 BETWEEN SENSATA TECH & THOMAS WROE

 Exhibit 10.15 
 EXECUTION COPY 
 EMPLOYMENT AGREEMENT 
 THIS EMPLOYMENT AGREEMENT (this “Agreement”) is made as of May 12, 2006, between Sensata Technologies, Inc., a Delaware corporation
(the “Company”), and Thomas Wroe (“Executive”). 
 In consideration of the mutual covenants contained
herein and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Employment. The Company shall employ Executive, and Executive hereby accepts employment with the Company, upon the terms and conditions set forth in this Agreement for the period beginning on the date hereof and ending as provided
in paragraph 4 hereof (the “Employment Period”). 
 2. Position and Duties. 
 (a) During the Employment Period, Executive shall serve as the Chief Executive Officer of the Company and shall have the normal duties, responsibilities,
functions and authority of the Chief Executive Officer, subject to the power and authority of the Company’s Board of Directors (the “Board”) to expand or limit such duties, responsibilities, functions and authority and to
overrule actions of officers of the Company. During the Employment Period, Executive shall render to Parent and its Subsidiaries administrative, financial and other executive and managerial services that are consistent with Executive’s position
as the Board may from time to time direct. 
 (b) Executive shall report to the Board, and Executive shall devote his full business time and
attention (except for vacation periods consistent with past practice and reasonable periods of illness or other incapacity) to the business and affairs of Parent and its Subsidiaries. In performing his duties and exercising his authority under the
Agreement, Executive shall support and implement the business and strategic plans approved from time to time by the Board and shall support and cooperate with Parent’s and its Subsidiaries’ efforts to expand their businesses and operate
profitably and in conformity with the business and strategic plans approved by the Board. So long as Executive is employed by the Company, Executive shall not, without the prior written consent of the Board, perform other services for compensation.
Unless otherwise agreed by Executive, Executive’s place of work shall be in the greater Attleboro, Massachusetts metropolitan area, except for travel reasonably required for Company business. 
 (c) For purposes of this Agreement, “Subsidiaries” shall mean any corporation or other entity of which the securities or other ownership
interests having the voting power to elect a majority of the board of directors or other governing body are, at the time of determination, owned by Parent, directly or through one or more Subsidiaries. 

 (d) For purposes of this Agreement, “Affiliate” shall mean with respect to Parent and
its Subsidiaries, any other Person controlling, controlled by or under common control with Parent or any of its Subsidiaries and, in the case of a Person which is a partnership, any partner of the Person. 
 (e) For purposes of this Agreement, “Person” shall mean an individual, a partnership, a corporation, a limited liability company, an
association, a joint stock company, a trust, a joint venture, an unincorporated organization and a governmental entity or any department, agency or political subdivision thereof. 
 (f) For purposes of this Agreement, “Parent” shall mean Sensata Technologies Holding B.V., a private limited company incorporated under
the laws of the Netherlands. 
 3. Compensation and Benefits. 
 (a) During the Employment Period, Executive’s base salary shall be $400,080.00 per annum and shall be subject to review by the Board on an annual
basis commencing January 1, 2007 (as adjusted from time to time, the “Base Salary”), which salary shall be payable by the Company in regular installments in accordance with the Company’s general payroll practices (in
effect from time to time). In addition, during the Employment Period, Executive shall be entitled to participate in all of the Company’s employee benefit programs for which senior executive employees of Parent and its Subsidiaries are generally
eligible (assuming Executive and/or his family meet the eligibility requirements of those benefit programs), as well as the benefit programs listed on Annex A, which are currently in effect in addition to employee benefit programs for which
executive employees of Parent and its Subsidiaries are generally eligible (the “Senior Executive Benefits”). The Company may in its sole discretion change the Senior Executive Benefits at any time; provided that, the Company shall
maintain the benefits set forth on Annex A for a period of 12 months after the date hereof. 
 (b) During the Employment Period, the
Company shall reimburse Executive for all reasonable business expenses incurred by him in the course of performing his duties and responsibilities under this Agreement, which business expenses are consistent with the Company’s policies in
effect from time to time with respect to travel, entertainment and other business expenses, subject to the Company’s requirements with respect to reporting and documentation of such expenses. 
 (c) In addition to the Base Salary, Executive shall be eligible to earn an annual bonus (“Annual Bonus”) in an amount equal to a certain
percentage of the Base Salary then in effect, which percentage shall be determined by the Board, and is based upon the achievement by Parent and its Subsidiaries of financial and other objectives established each year by the Board. An Annual Bonus,
if any, will be earned as of February 1 and paid to Executive by the Company on or before March 15th of
the fiscal year following the fiscal year to which such Annual Bonus relates. 
  

 2 

 4. Term. 
 (a) The Employment Period shall end on the first anniversary of the date hereof, but shall automatically be renewed on the same terms and conditions set forth herein (as modified from time to time by the parties
hereto) for additional one-year periods beginning on the first anniversary of the date hereof and on each successive anniversary date, unless the Company or Executive gives the other party written notice of the election not to renew the Employment
Period at least 90 days prior to any such renewal date; provided that, the Employment Period shall terminate prior to such date immediately upon Executive’s resignation (with or without Good Reason, as defined below), death or Disability (as
defined below) or upon the Company’s termination of Executive’s employment (whether with Cause (as defined below) or without Cause). 
 (b) If the Employment Period is terminated (1) by the Company without Cause (other than as a result of Executive’s Disability) or (2) upon Executive’s resignation with Good Reason, Executive shall be entitled to
(i) his Base Salary through the date of termination, (ii) any bonus amounts to which Executive is entitled determined by reference to years that ended on or prior to the date of termination, (iii) an amount equal to two years of
Executive’s then current Base Salary plus an amount equal to the sum of the Annual Bonus paid to Executive in respect of each of the two years immediately preceding the termination of Executive’s employment, and (iv) running
concurrently with his COBRA period, continued participation throughout the Severance Period (as defined below) in all health and dental benefit plans in which Executive was entitled to participate immediately prior to the termination of
Executive’s employment (or the Company shall arrange to make available to Executive benefits substantially similar to those which Executive would otherwise have been entitled to receive over such period if Executive’s employment had not
been terminated) on the same terms and conditions (including employee contributions toward premium payments) under which Executive was entitled to participate immediately prior to his termination, in each case if and only if Executive has executed
and delivered to the Company a general release substantially in the form of Exhibit A attached hereto and only if Executive does not breach the provisions of paragraphs 5, 6 and 7 hereof. The amounts payable pursuant to clause (iii) of
this paragraph 4(b) shall be payable in regular installments over 24 months (the “Severance Period”) in accordance with the Company’s general payroll practices. 
 (c) If the Employment Period is terminated (1) by the Company with Cause, (2) due to Executive’s death or Disability or (3) by
Executive’s resignation without Good Reason, Executive shall be entitled to receive (i) his Base Salary through the date of termination and (ii) any bonus amounts to which Executive is entitled determined by reference to years that
ended on or prior to the date of termination. 
 (d) Except as otherwise expressly provided herein, Executive shall not be entitled to any
other salary, bonuses, employee benefits or compensation from the Company or its Subsidiaries after the termination of the Employment Period and all of Executive’s rights to salary, bonuses, employee benefits and other compensation hereunder
which would have accrued or become payable after the termination of the Employment Period (other than vested retirement benefits accrued on or prior to the termination of the Employment Period or other amounts owing hereunder as of the date of such
termination that have not yet been paid) shall cease upon such termination, other than those expressly required under applicable law (such as COBRA). 
  

 3 

 (e) Executive is under no obligation to mitigate damages or the amount of any payment provided for
hereunder by seeking other employment or otherwise, and the Company shall have no right of offset for any amounts received by Executive from other employment; provided that, notwithstanding anything to the contrary herein, Executive’s coverage
under the Company’s health and dental benefit plans will terminate when Executive becomes eligible under any employee benefit plan made available by another employer covering health and dental benefits. The Executive shall notify the Company
within thirty (30) days after becoming eligible for any such benefits. 
 (f) The Company may offset any amounts Executive owes Parent
and its Subsidiaries against any amounts Parent and its Subsidiaries owe Executive hereunder. 
 (g) For purposes of this Agreement,
“Cause” shall mean, with respect to Executive, one or more of the following: (i) the indictment for a felony or other crime involving moral turpitude or the commission of any other act or any omission to act involving fraud
with respect to Parent or any of its Subsidiaries or any of their customers or suppliers; (ii) any act or any omission to act involving dishonesty or disloyalty which causes, or in the good faith judgment of the Board would be reasonably likely
to cause, material harm (including reputational harm) to Parent or any of its Subsidiaries or any of their customers or suppliers; (iii) any (A) repeated abuse of alcohol or (B) abuse of controlled substances, in either case, that
adversely affects Executive’s work performance (and, in the case of clause (A), continues to occur at any time more than 30 days after Executive has been given written notice thereof) or brings Parent or its Subsidiaries into public disgrace or
disrepute; (iv) the failure by Executive to substantially perform duties as reasonably directed by the Board or Executive’s supervisor(s), which non-performance remains uncured for 10 days after written notice thereof is given to
Executive; (v) willful misconduct with respect to Parent or any of its Subsidiaries, which misconducts causes, or in the good faith judgment of the Board would be reasonably likely to cause, material harm (including reputational harm) to Parent
or any of its Subsidiaries; or (vi) any breach by Executive of paragraph 5, 6 or 7 of this Agreement or any other material breach of this Agreement or the Management Equity Plans (as defined below). 
 (h) Executive will be “Disabled” only if, as a result of his incapacity due to physical or mental illness, Executive is considered
disabled under the Company’s long-term disability insurance plans. 
 (i) For purposes of this Agreement, “Good Reason”
shall mean if Executive resigns from employment with the Company and its Subsidiaries prior to the end of the Employment Period as a result of one or more of the following reasons: (i) any reduction in Executive’s Base Salary or bonus
opportunity, without Executive’s prior consent, in either case other than any reduction which (A) is generally applicable to senior leadership team executives of the Company and (B) does not exceed 15% of Executive’s Base Salary
and bonus opportunity in the aggregate; (ii) any material breach by Parent or any of its Subsidiaries of any agreement between such Persons and Executive; (iii) a change in Executive’s principal office without 
  

 4 

 Executive’s prior consent to a location that is more than 50 miles from Executive’s principal office on the
date hereof; (iv) delivery by the Company of a notice of non-renewal of the Employment Period; or (v) a material diminution in Executive’s job responsibilities without Executive’s prior consent; provided that, any such reason was
not cured by the Company to Participant’s reasonable satisfaction within 30 days after delivery of written notice thereof to the Company; further provided that, in each case written notice of an Executive’s resignation with Good Reason
must be delivered to the Company within 30 days after Executive has actual knowledge of the occurrence of any such event in order for Executive’s resignation with Good Reason to be effective hereunder. 
 (j) For purposes of this Agreement, “Management Equity Plans” shall mean the 2006 Management Securities Purchase Plan of Sensata
Investment Company S.C.A. and the 2006 Management Option Plan of Parent, along with any Award Agreements (as defined therein) and any attachments thereto, as amended from time to time. 
 5. Confidential Information. 
 (a)
Executive acknowledges that the continued success of Parent and its Subsidiaries and Affiliates, depends upon the use and protection of a large body of confidential and proprietary information. All of such confidential and proprietary information
now existing or to be developed in the future will be referred to in this Agreement as “Confidential Information”. Confidential Information will be interpreted as broadly as possible to include all information of any sort (whether
merely remembered or embodied in a tangible or intangible form) that is (i) related to Parent’s or its Subsidiaries’ or Affiliates’ current or potential business and (ii) is not generally or publicly known. Confidential
Information includes, without specific limitation, the information, observations and data obtained by Executive during the course of his performance under this Agreement concerning the business and affairs of Parent and its Subsidiaries and
Affiliates, information concerning acquisition opportunities in or reasonably related to the Parent’s or its Subsidiaries’ or Affiliates’ business or industry of which Executive becomes aware during the Employment Period, the persons
or entities that are current, former or prospective suppliers or customers of any one or more of them during Executive’s course of performance under this Agreement, as well as development, transition and transformation plans, methodologies and
methods of doing business, strategic, marketing and expansion plans, including plans regarding planned and potential sales, financial and business plans, employee lists and telephone numbers, locations of sales representatives, new and existing
programs and services, prices and terms, customer service, integration processes, requirements and costs of providing service, support and equipment. Therefore, Executive agrees that during his employment and for a period of three (3) years
after termination of his employment for any reason (and as to information that constitutes a trade secret under applicable law, for such longer period as the same shall remain a trade secret) he shall not disclose to any unauthorized person or use
for his own account any of such Confidential Information without both Board’s prior written consent, unless and to the extent that any Confidential Information (i) becomes generally known to and available for use by the public other than
as a result of Executive’s acts or omissions to act or (ii) is required to be disclosed pursuant to any applicable law or court order. Executive agrees to deliver to the Company at the end of the Employment Period, or at any other time the
Company may request in writing, all memoranda, notes, plans, records, reports and other 
  

 5 

 documents (and copies thereof) relating to the business of Parent or its Subsidiaries or Affiliates (including, without
limitation, all Confidential Information) that he may then possess or have under his control. 
 (b) During the Employment Period, Executive
shall not use or disclose any confidential information or trade secrets, if any, of any former employers or any other person to whom Executive has an obligation of confidentiality, and shall not bring onto the premises of Parent or its Subsidiaries
or Affiliates any unpublished documents or any property belonging to any former employer or any other Person to whom Executive has an obligation of confidentiality unless consented to in writing by the former employer or Person. Executive shall use
in the performance of his duties only information that is (i) generally known and used by persons with training and experience comparable to Executive’s and that is (x) common knowledge in the industry or (y) is otherwise legally
in the public domain, (ii) otherwise provided or developed by Parent or its Subsidiaries or Affiliates or (iii) in the case of materials, property or information belonging to any former employer or other Person to whom Executive has an
obligation of confidentiality, approved for such use in writing by such former employer or Person. If at any time during the Employment Period, Executive believes he is being asked to engage in work that will, or will be likely to, jeopardize any
confidentiality or other obligations Executive may have to former employers, Executive shall immediately advise the Board so that Executive’s duties can be modified appropriately. 
 (c) Executive represents and warrants to the Parent and its Subsidiaries that Executive took nothing with him which belonged to any former employer when
Executive left his position(s) with such employer(s) and that Executive has nothing that contains any information which belongs to any former employer. If at any time Executive discovers that this representation is incorrect, Executive shall
promptly return any such materials to Executive’s former employer(s). Parent and its Subsidiaries does not want any such materials, and Executive shall not be permitted to use or refer to any such materials in the performance of
Executive’s duties hereunder. 
 (d) Executive understands that Parent and its Subsidiaries and Affiliates will receive from third
parties confidential or proprietary information (“Third Party Information”) subject to a duty on Parent’s and its Subsidiaries’ and Affiliates’ part to maintain the confidentiality of such information and to use it
only for certain limited purposes. During the Employment Period and thereafter, and without in any way limiting the provisions of paragraph 5(a) above, Executive will hold Third Party Information in the strictest confidence and will not
disclose to anyone (other than personnel of Parent or its Subsidiaries and Affiliates who need to know such information in connection with their work for Parent or such Subsidiaries and Affiliates) or use, except in connection with his work for
Parent or its Subsidiaries and Affiliates, Third Party Information unless expressly authorized by a member of the Board in writing. 
 6.
Intellectual Property, Inventions and Patents. Executive acknowledges that all discoveries, concepts, ideas, inventions, innovations, improvements, developments, methods, designs, analyses, drawings, reports, patent applications,
copyrightable work and mask work (whether or not including any confidential information) and all registrations or applications related thereto, all other proprietary information and all similar or related information (whether or 
  

 6 

 not patentable) which relate to Parent’s or any of its Subsidiaries’ actual or anticipated business, research
and development or existing or future products or services and which are conceived, developed or made by Executive (whether alone or jointly with others) while employed by the Company and its Subsidiaries, whether before or after the date of this
Agreement (“Work Product”), belong to Parent, the Company or such Subsidiary. Executive shall promptly disclose such Work Product to the Board and, at the Company’s expense, perform all actions reasonably requested by the Board
(whether during or after the Employment Period) to establish and confirm such ownership (including, without limitation, assignments, consents, powers of attorney and other instruments). 
 7. Non-Compete; Non-Solicitation. 
 (a) In further consideration of the compensation to be paid to Executive hereunder, Executive acknowledges that during the course of his employment with the Company and its Subsidiaries he has and shall become familiar with Parent’s
and its Subsidiaries’ and Affiliates’ corporate strategy, pricing and other market information, know-how, trade secrets and valuable customer, supplier and employee relationships, and with other Confidential Information concerning Parent
and its Subsidiaries and Affiliates, and that his services have been and shall be of special, unique and extraordinary value to Parent and its Subsidiaries and Affiliates. Accordingly, Executive agrees that, during the Employment Period and for two
(2) years thereafter (the “Noncompete Period”), he shall not directly or indirectly own any interest in, manage, control, participate in, consult with, render services for, or in any manner engage in any Competing Business that
conducts operations or sales in Japan, Holland, Germany, Korea, China, Malaysia, Mexico, or Brazil, or in the United States within any of the following states: Michigan, Wisconsin, Illinois, New York, Ohio, Indiana, Connecticut, Iowa, Pennsylvania,
Missouri, Massachusetts, California, North Carolina, Texas, Indiana, Illinois, Kentucky, Mississippi, Washington, Tennessee, Virginia, New Jersey, Idaho, Colorado, Alabama, Georgia, South Carolina, Florida, or Maryland (and, in the event the Company
and/or any of its Subsidiaries or Affiliates conducts operations or sales in other jurisdictions after the date hereof, such other jurisdictions, provided that the Company updates this list of jurisdictions by delivering written notice to
Executive). Nothing herein shall prohibit Executive from being a passive owner of not more than 2% of the outstanding stock of any class of a corporation which is publicly traded, so long as Executive has no active participation in the business of
such corporation. For purpose of this Agreement, “Competing Business” shall mean any business engaged (whether directly or indirectly) in the design, manufacture, marketing, or sale of electromechanical or electronic sensors or
controls. 
 (b) During the Noncompete Period, Executive shall not directly or indirectly through another person or entity (i) induce or
attempt to induce any employee of Parent or any Subsidiary to leave the employ of Parent or such Subsidiary, or in any way interfere with the relationship between Parent or any Subsidiary and any employee thereof, (ii) knowingly hire any person
who was an employee of Parent or any Subsidiary at any time during the twelve months prior to the termination of Executive’s employment or (iii) induce or encourage any customer, supplier, licensee, licensor or other business relation of
Parent or any Subsidiary to cease doing business with Parent or such Subsidiary, or in any way interfere with the relationship between any such customer, supplier, licensee. licensor or business relation and Parent or any Subsidiary 
  

 7 

 (including, without limitation, making any negative or disparaging statements or communications regarding Parent or its
Subsidiaries); provided that, in each case, this paragraph 7(b) shall only apply if Executive shall have done business with, or had supervisory or other responsibility for, the employee, customer, supplier, licensee, licensor, or business relation
to which the applicable clause of this paragraph 7(b) applies. 
 (c) If, at the time of enforcement of this paragraph 7, a court shall hold
that the duration, scope or area restrictions stated herein are unreasonable under circumstances then existing, the parties agree that the maximum duration, scope or area reasonable under such circumstances shall be substituted for the stated
duration, scope or area and that the court shall be allowed to revise the restrictions contained herein to cover the maximum period, scope and area permitted by law. Executive acknowledges that the restrictions contained in this paragraph 7 are
reasonable and that he has reviewed the provisions of this Agreement with his legal counsel. 
 (d) Executive acknowledges that any breach or
threatened breach of the provisions of this paragraph 7 would cause Parent and its Subsidiaries irreparable harm. Accordingly, in addition to other rights and remedies existing in its favor, the Company shall be entitled to specific performance
and/or injunctive or other equitable relief from a court of competent jurisdiction in order to enforce or prevent any violations of the provisions hereof (without posting a bond or other security). Further, in the event of an alleged breach or
violation by Executive of this paragraph 7, the Noncompete Period shall be tolled until such breach or violation has been duly cured. 
 8.
Executive’s Representations. Executive hereby represents and warrants to the Company that (a) the execution, delivery and performance of this Agreement by Executive do not and shall not conflict with, breach, violate or cause a
default under any contract, agreement, instrument, order, judgment or decree to which Executive is a party or by which he is bound, (b) Executive is not a party to or bound by any employment agreement, noncompete agreement or confidentiality
agreement with any other person or entity and (c) upon the execution and delivery of this Agreement by the Company, this Agreement shall be the valid and binding obligation of Executive, enforceable in accordance with its terms. Executive
hereby acknowledges and represents that he has consulted with independent legal counsel regarding his rights and obligations under this Agreement and that he fully understands the terms and conditions contained herein. 
 9. Survival. Paragraphs 4 through 23 (other than paragraph 21) shall survive and continue in full force in accordance with their terms
notwithstanding the termination of the Employment Period. 
 10. Notices. Any notice provided for in this Agreement shall be in
writing and shall be either personally delivered, sent by reputable overnight courier service or mailed by first class mail, return receipt requested, to the recipient at the address below indicated: 
  

 8 

 Notices to Executive: 
 Thomas Wroe, Jr. 
 297 Sesuit Neck Road

 P.O. Box 879 
 East Dennis,
MA 02641 
 Notices to the Company: 
 Sensata Technologies, Inc. 
 529 Pleasant Street 
 Attleboro, MA 02703 
 Attention: Senior
Counsel 
 With a copy to: 
 Bain Capital Partners, LLC 
 745 Fifth Avenue 
 New York, New York 10151 
 Attention: Ed Conard 
 Paul Edgerley 
 Stephen M. Zide 

and 
 Kirkland &
Ellis LLP 
 200 East Randolph Drive 
 Chicago, Illinois 60601 
 Attention: Matthew E. Steinmetz, P.C. 
 Jeffrey W. Richards 
 or such other address or to the
attention of such other person as the recipient party shall have specified by prior written notice to the sending party. Any notice under this Agreement shall be deemed to have been given when so delivered, sent or mailed. 
 11. Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and valid under
applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect any other
provision of this Agreement or any action in any other jurisdiction, but this Agreement shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been contained herein.

 12. Complete Agreement. This Agreement, those documents expressly referred to herein and other documents of even date herewith
embody the complete agreement and understanding among the parties and supersede and preempt any prior understandings, agreements or representations by or among the parties, written or oral, which may have related to the subject matter hereof in any
way. 
  

 9 

 13. No Strict Construction. The language used in this Agreement shall be deemed to be the language
chosen by the parties hereto to express their mutual intent, and no rule of strict construction shall be applied against any party. 
 14.
Counterparts. This Agreement may be executed in separate counterparts (including by means of facsimile), each of which is deemed to be an original and all of which taken together constitute one and the same agreement. 
 15. Successors and Assigns. This Agreement will be binding upon and inure to the benefit of the Company and any successor to the Company,
including, without limitation, any Persons acquiring directly or indirectly all or substantially all of the business or assets of the Company whether by purchase, merger, consolidation, reorganization or otherwise (and such successor shall
thereafter be deemed the “Company” for the purposes of this Agreement), but will not otherwise be assignable, transferable or delegable by the Company other than to Parent or any of its Subsidiaries. This Agreement will inure to the
benefit of and be enforceable by Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees and legatees, but otherwise will not otherwise be assignable, transferable or delegable by Executive.
This Agreement is personal in nature and neither of the parties hereto shall, without the consent of the other, assign, transfer or delegate this Agreement or any rights or obligations hereunder except as otherwise expressly provided in this
paragraph 15. 
 16. Choice of Law. All issues and questions concerning the construction, validity, enforcement and
interpretation of this Agreement and the exhibits and schedules hereto shall be governed by, and construed in accordance with, the laws of the State of Delaware, without giving effect to any choice of law or conflict of law rules or provisions
(whether of the State of Delaware or any other jurisdiction) that would cause the application of the laws of any jurisdiction other than the State of Delaware. 
 17. Amendment and Waiver. The provisions of this Agreement may be amended or waived only with the prior written consent of the Company (as approved by the Board) and Executive, and no course of conduct or
course of dealing or failure or delay by any party hereto in enforcing or exercising any of the provisions of this Agreement (including, without limitation, the Company’s right to terminate the Employment Period with Cause or, except as
otherwise stated herein, Executive’s right to terminate the Employment Agreement with Good Reason) shall affect the validity, binding effect or enforceability of this Agreement or be deemed to be an implied waiver of any provision of this
Agreement. 
 18. Insurance. The Company may, at its discretion, apply for and procure in its own name and for its own benefit life
and/or disability insurance on Executive in any amount or amounts considered advisable. Executive agrees to cooperate in any medical or other examination, supply any information and execute and deliver any applications or other instruments in
writing as may be reasonably necessary to obtain and constitute such insurance. 
  

 10 

 19. Indemnification and Reimbursement of Payments on Behalf of Executive. The Company and its
respective Subsidiaries shall be entitled to deduct or withhold from any amounts owing from the Company or any of its Subsidiaries to Executive any federal, state, local or foreign withholding taxes, excise tax, or employment taxes
(“Taxes”) imposed with respect to Executive’s compensation or other payments from the Company or any of its Subsidiaries or Executive’s ownership interest in Parent (including, without limitation, wages, bonuses,
dividends, the receipt or exercise of equity options and/or the receipt or vesting of restricted equity). In the event the Company or any of its Subsidiaries does not make such deductions or withholdings, Executive shall indemnify the Company and
its Subsidiaries for any amounts paid with respect to any such Taxes, together (if such failure to withhold was at the written direction of Executive) with any interest, penalties and related expenses thereto. 
 20. Waiver of Jury Trial. AS A SPECIFICALLY BARGAINED FOR INDUCEMENT FOR EACH OF THE PARTIES HERETO TO ENTER INTO THIS AGREEMENT (AFTER HAVING THE
OPPORTUNITY TO CONSULT WITH COUNSEL), EACH PARTY HERETO EXPRESSLY WAIVES THE RIGHT TO TRIAL BY JURY IN ANY LAWSUIT OR PROCEEDING RELATING TO OR ARISING IN ANY WAY FROM THIS AGREEMENT OR THE MATTERS CONTEMPLATED HEREBY. 
 21. Corporate Opportunity. During the Employment Period, Executive shall submit to the Board all business, commercial and investment opportunities
or offers presented to Executive, or of which Executive becomes aware, at any time during the Employment Period, which opportunities relate to the business of designing, manufacturing, marketing, or selling electromechanical or electronic sensors or
controls (“Corporate Opportunities”). During the Employment Period, unless approved by the Board, Executive shall not accept or pursue, directly or indirectly, any Corporate Opportunities on Executive’s own behalf. 

22. Executive’s Cooperation. During the Employment Period and thereafter, Executive shall reasonably cooperate with Parent and its
Subsidiaries in any internal investigation or administrative, regulatory or judicial proceeding as reasonably requested by Parent or any Subsidiary (including, without limitation, Executive being available to Parent and its Subsidiaries upon
reasonable notice for interviews and factual investigations, appearing at Parent’s or any Subsidiary’s request to give truthful and accurate testimony without requiring service of a subpoena or other legal process, volunteering to Parent
and its Subsidiaries all pertinent information and turning over to Parent and its Subsidiaries all relevant documents which are or may come into Executive’s possession, all at times and on schedules that are reasonably consistent with
Executive’s other permitted activities and commitments). In the event Parent or any Subsidiary requires Executive’s cooperation in accordance with this paragraph, Parent shall pay Executive a per diem reasonably determined by the Board and
reimburse Executive for reasonable expenses incurred in connection therewith (including lodging and meals, upon submission of receipts). 
 23. Nondisparagement. Executive agrees not to, except as may be required by law, directly or indirectly, publicly or privately, make, publish or solicit, or encourage others to make, publish or solicit, any disparaging statements,
comments, announcements, or remarks concerning Parent or its Affiliates, or any of their respective past and present directors, officers or 
  

 11 

 employees. Parent and its Affiliates agree not to, except as may be required by law, directly or indirectly, publicly or
privately, make, publish or solicit, or encourage others to make, publish or solicit, any disparaging statements, comments, announcements or remarks concerning Executive or his employment with the Company or any of its Subsidiaries. 
 *   *   *   *   * 
  

 12 

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

			
	SENSATA TECHNOLOGIES, INC.
		
	By:	 	 /s/ Robert E. Kearney

	Name:	 	Robert E. Kearney
	Title:	 	Vice President, Finance
	
	 /s/ Thomas Wroe

	Thomas Wroe

  

 13 

 ANNEX A 
  

	i.	annual physical medical analysis 

  

	ii.	financial counseling services

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