Document:

EXHIBIT 4.3

 

DESCRIPTION
OF THE VIACOM INC. 401(K) PLAN

 

The Viacom
Inc. 401(k) Plan (“Plan”) is a tax-qualified defined contribution plan
for the benefit of eligible employees of Viacom Inc. (“Viacom”) and
certain of its subsidiaries.  Full-time
employees of Viacom who have turned 21 are eligible to participate in the Plan
immediately upon their date of hire. 
Under the terms of the Plan, a participant may elect to defer a portion
(from 1% to 15%) of his or her eligible compensation on a before-tax or after-tax
basis.  Participants may direct the
investment of their voluntary contributions among the investment options
offered under the Plan.  The investment
options include a number of mutual funds and commingled/institutional funds,
the Viacom Company Stock Fund and a self-directed account. Viacom will make a
performance-based matching contribution to a participant’s matching
contribution account with respect to the first 5% of eligible compensation
contributed by the participant.  Matching
contributions are made to the Viacom Company Stock Fund.  Participants may transfer matching
contributions in the Viacom Company Stock Fund to any of the other investment
options offered under the Plan. Participants vest in their matching
contribution account at the rate of 20% per year and are fully vested in their
matching contribution account after five years of service with Viacom.  Distributions under the Plan are generally
made only upon a participant’s retirement, termination of employment, death,
disability, or hardship.Exhibit 10.1

 

SEVERANCE PAY AGREEMENT

 

This Agreement is made this 3rd  day
of January, 2006, by and between Eschelon Telecom, Inc., a Delaware
corporation, and its affiliates and subsidiaries  (the “Company”) and Steven Wachter (the “Executive”).

 

Whereas the Executive is the Executive Vice President, Sales (Title) as of the date of this Agreement; and

 

Whereas the Company desires to retain the Executive in its
employ; and

 

Whereas the Company believes that it is essential to
preserve and maintain the stability and continuity of management of the Company
by providing the Executive with economic security in light of the significant
uncertainties in the telecommunications industry;

 

Now therefore, in consideration of the foregoing and of the
mutual promises of the parties hereto, the Company and the Executive agree as
follows:

 

1).            Eligibility for Severance Pay.  The
Executive shall be eligible to receive severance benefits as described in
paragraph 3, if:

 

a).            the Executive’s employment with the Company and any
of its subsidiaries or affiliates is terminated; and

 

b).           the Executive’s termination of employment was not:

 

(i)            on account of the Executive’s death;

 

(ii) on account of a physical
or mental condition that entitles the Executive to benefits under any long-term
disability plan maintained by the Company or any of its affiliates or
subsidiaries, as then in effect;

 

(iii) for conduct involving
willful misconduct (such as commission by the Executive of a felony or a common
law fraud against the Company) which is detrimental in a significant way to the
business of the Company or any of its subsidiaries; or

 

(iv) on account of the
Executive’s voluntary resignation; provided that a resignation shall not be
considered to be voluntary for the purposes of this Agreement if it occurs
subsequent to a Change of Control as defined in section 2) below, or if
subsequent to a change in control there has been:  (1) a reduction in the Executive’s base
compensation in effect immediately preceding the Change in Control ; (2) a
change in the place in which the Executive is required to perform his or her
duties, if the new place is more than 50 miles from the place Executive
performed his or her services immediately prior to the Change in Control.

 

1

 

2)              Change in Control.  For the purposes of this
Agreement, a “Change in Control” shall be deemed to have occurred if:

 

(a)          there occurs any sale or other disposition to a person unrelated to the
Company or any of the holders of its securities of (I) representing after sale
or disposition, more than 50% of the outstanding voting securities of the
Company as measured by voting power on an as if converted basis or (ii) more
than 50% of the aggregate assets of the Company and its subsidiaries, in the
single transaction or series of transactions; or

 

(b)         the Company or any combination of the Company and its subsidiaries
aggregating more than fifty percent (50%) of the consolidated assets of the
Company and its wholly-owned subsidiaries becomes a party to any merger or
consolidation (excluding a merger or consolidation where the Company or one of
such subsidiaries is the surviving corporation).

 

3)              Severance Benefits.  Notwithstanding the
termination of employment as an executive of the Company, the Executive shall
continue on the Company’s payroll as an employee for a period of one year (the “Benefit
Period”) so long as the Executive meets the requirements of section 4)
below.  During that year, the Company
shall continue to pay the Executive’s then current salary and all provide
benefits on the same terms and conditions as the Company pays salary and
provides benefits to its then current executives.  Such benefits include but are not limited to
health care, dental, 401(k), life insurance, group life insurance, disability,
and health club reimbursement.

 

4)              Cooperation.  During the Benefit Period, the Executive
must:  (a) honor the terms of any
non-compete, non-solicitation, non-disclosure and any other agreement the
Executive has with the Company; and (b) cooperate in the transfer of the
Executive’s responsibilities to others.

 

5)              Rights in Event of Dispute.  If a claim
or dispute arises concerning the rights of the Executive or a beneficiary to
benefits under this Agreement, the prevailing party in such dispute shall be
entitled to recover its costs, including reasonable attorneys’ fees.

 

6)              Amendment.  This Agreement may not be amended or modified
except by a written instrument signed by both parties.

 

7)              Successors.  The Company will require any successor
(whether direct or indirect, by purchase, merger, consolidation, or otherwise)
to all or substantially all of the business or assets of the Company, to
expressly assume and agree to perform the Company’s obligations under this
Agreement in the same manner and to the same extent that the Company would be
required to perform them if no such succession had taken place unless, in the
opinion of legal counsel mutually acceptable to the Company and the Executive,
such obligations have been assumed by the successor as

 

2

 

a matter of law.  Failure of the Company to obtain such
agreement prior to the effectiveness of any such succession (unless the
foregoing opinion is rendered to the Executive) shall entitle the Executive to
resign from his or her position and to receive the benefits set out in section 3)
above.  As used in this Agreement, “Company”
shall mean the Company, as presently constituted, and any successor to its
business and/or assets which executes and delivers the agreement provided for
in this section 7) or which otherwise becomes bound by all the terms and
provisions of this Agreement as a matter of law.  The Executive’s right under this Agreement
shall inure to the benefit of, and shall be enforceable by, the Executive’s
legal representative or other successors in interest, but shall not otherwise
be assignable or transferable.

 

8)              Waiver.  Any waiver of any breach of any of the
provisions of this Agreement shall not operate as a waiver of any other breach
of such provisions or any other provisions, nor shall any failure to enforce
any provision of this Agreement operate as a waiver of any party’s right to
enforce such provision or any other provision.

 

9)              Severability.  If any provision, or the application
of any provision, of this Agreement is held invalid or unenforceable by a court
of competent jurisdiction, the invalidity or unenforceability thereof shall not
affect any other provisions or applications of this Agreement which can be
given effect without the invalid or unenforceable provision or application.

 

10)        Governing Law.  The validity, interpretation, construction,
and performance of this Agreement shall be governed by the laws of the State of
Minnesota.

 

The parties hereto have executed
this Agreement as of the day and year written above.

 

	
  Company:

  	
   

  	
  Eschelon Telecom, Inc.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
  /s/ Richard A. Smith

  	
   

  
	
   

  	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Richard A. Smith, CEO

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Executive:

  	
   

  	
  /s/
  Steven K. Wachter

  	
   

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  Steve Wachter

  
						

 

3Exhibit 10.40

 

SUPPLY CONTRACT

 

Advanced Power
Technology intends to secure silicon wafers for the manufacture of power switch
devices. Siltronic Corporation manufactures silicon wafers and intends to
supply this material. Set forth is the “Silicon Supply Agreement” between
Advanced Power Technology (APT) located in Bend, OR and Siltronic Corporation
(SCO) located in Portland, OR.

 

1.0
Term of Agreement

 

1.1
Twelve (12) month agreement commencing on January 1, 2006 and expiring on December 31,
2006.

 

1.2
Renegotiating discussions will commence one month before contract expiration;
extension period to be agreed upon.

 

1.3
Cause for early termination of this agreement would be for non-performance by SCO
and/or APT, including but not limiting non-payment by APT.

 

2.0
Volume – [ * ].

 

3.0
Pricing

 

3.1
Pricing is set forth in attachment #1.

 

3.2
Where possible, SCO will “help” keep APT competitive in both price and
technology through cost reduction programs and technology improvements.

 

4.0
Payment and Freight Terms

 

4.1
Net [ * ] days from date of SCO invoice. Currency in US dollars.

 

4.2
F.O.B. Siltronic Corporation, Portland, OR, freight collect. Freight carrier as
specified by APT.

 

4.3
Freight costs for expedited shipments, if requested by APT, will be the responsibility
of APT. SCO will incur all expedited freight costs for late shipments caused by
SCO. Substrate Buffer Stock.

 

[ * ] =  CONFIDENTIAL TREATMENT REQUESTED

 

 

5.0
Substrate Buffer Stock

 

5.1
For AMT reactor material:

 

5.1.1
SCO agrees to maintain a three week inventory equivalent to APT’s consumption
of one common substrate. This substrate inventory will be maintained in
Portland.

 

5.1.2
SCO agrees to replenish the Substrate Buffer Stock within four weeks.

 

5.2
For GIll reactor material:

 

5.2.1
SCO will not maintain a buffer stock. Material will be built and shipped on a
quarterly basis. Material ordered outside of the quarterly forecast will be
built on substrate as available. All GIll orders must be submitted at one time
to allow allotment of reactor resources.

 

6.0
Lead-time

 

6.1
For AMT reactor material:

 

6.1.1
   SCO will commit to a three-week
lead-time provided the forecast is not in- creased more than [ * ] in the same
lead-time period and that it is a current product. Lead-time for non-regular
material is 4-6 weeks after specification has been accepted.

 

6.1.2
APT agrees to give SCO a five week “rolling forecast”. The first and second
week will be firm, which means no cancellations, reductions, or push-outs are
allowed Clarification: The week the updated forecast is
submitted is considered week zero, and the schedules in this week are already
considered completed and in shipping or in transit. Open schedules during the
next two weeks, first and second week, are considered firm.

 

6.1.3
APT agrees to give SCO an additional eight week visibility beyond the five week
“rolling forecast” after planning meeting once a quarter.

 

6.1.4
Releases for weeks one through five will be by product and for weeks six
through thirteen, it will be by total only.

 

[ * ] =  CONFIDENTIAL TREATMENT REQUESTED

 

2

 

6.2
For GIll material:

 

6.2.1
APT agrees to provide SCO with orders blocked in three month increments.

 

6.2.2
SCO will commit to a six-week leadtime.

 

6.2.3
APT agrees that any additional material requested beyond the three month block
order will either be at the higher rate as stated in attachment #1 or the
entire next quarter’s forecast can be requested (with a six-week leadtime).

 

6.3
Minimum order quantities for all schedules (including engineering orders) will
be in in- crements of [ * ] wafers or more.

 

7.0
Quality

 

7.1
SCO warrants that their products, at the time of delivery, are in compliance
with approved APT specifications as agreed by both parties.

 

8.0
Engineering Services

 

8.1
A determination of cost benefit, if any, and ownership will be agreed upon
prior to any new activities in the “Reduction of SCO Production Cost” project.

 

8.2
SCO agrees to support engineering work involved with new products and work to
meet the stringent specification requirements of those and current products.

 

9.0
Confidentiality

 

9.1
APT and SCO agree to maintain such information in confidence and to take the
necessary measures to prevent complete or partial disclosure to third parties.
Disclosure of any confidential information shall not be precluded if such
disclosure is in response to a valid request from the SEC.

 

10.0
Force Majeure

 

10.1
  Pertaining to Force Majeure, APT and/or
SCO shall promptly notify the other party and shall use its best efforts to
minimize the consequences. For the duration and to the extent of Force Majeure
the parties will be released from their obligations.

 

[ * ] =  CONFIDENTIAL TREATMENT REQUESTED

 

3

 

11.0
Indemnification

 

11.1
  SCO’s obligation to payment of damages,
for whatever reason, shall be limited to
the invoice value of the wafers directly having caused those damages.

 

12.0
Sole Agreement

 

12.1
  This Supply Agreement including all attachments
referenced herein, shall be the complete agreement of both APT and SCO and shall
supersede all prior agreements and understanding, oral or written, between the
parties respecting the subject matter hereof. Any amendments to this Agreement
shall be implemented by written amendment signed by authorized representatives
of APT and SCO.

 

IN
WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date
first above written, accepted and agreed:

 

	
  SILTRONlC
  CORPORATION

  	
  ADVANCED
  POWER TECHNOLOGY

  
	
   

  	
   

  
	
   

  	
   

  
	
  By:

  	
  /s/ DAVID ADELMAN

  	
   

  	
  By:

  	
  /s/ MARK GABLER

  	
   

  
	
   

  	
   

  
	
  Title:
  Sales Director

  	
  Title:
  Director of QA & Assembly/Test Ops

  
	
   

  	
   

  
	
   

  	
   

  
	
  Date: 12/13/05

  	
  Date: 12/30/05

  
						

 

[ * ] =  CONFIDENTIAL TREATMENT REQUESTED

 

4

 

Attachment #1

 

4 Inch

 

Pricing for AMT parts
and GIll parts (GIll parts ordered on a 3 month basis)

 

	
  Part

  	
   

  	
  220-1010

  	
   

  	
  220-1020

  	
   

  	
  220-1030

  	
   

  	
  220-1040

  	
   

  	
  220-1050

  220-1051

  	
   

  	
  220-1060

  220-1063

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  1 ‘06 – 12 ‘06

  Price

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  

 

	
  Part

  	
   

  	
  220-1080

  	
   

  	
  220-1100

  1000V

  	
   

  	
  220-1106

  1000V

  	
   

  	
  220-1120

  1200V

  	
   

  	
  220-1126

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  1 ‘06 – 12 ‘06

  Price

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  

 

Pricing
for GIll parts not ordered on Quarterly basis

 

	
  Part

  	
   

  	
  220-1100

  1000V

  	
   

  	
  220-1106

  1000V

  	
   

  	
  220-1120

  1200V

  	
   

  	
  220-1126

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  1 ‘06 – 12 ‘06

  Price

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  

 

[ * ] =  CONFIDENTIAL TREATMENT REQUESTED

 

5

 

6 lnch

 

	
  Part

  	
   

  	
  220-1053

  500 V Mosfet

  	
   

  	
  220-1069

  600 V Mosfet

  	
   

  	
  220-1082

  800 V Mosfet

  	
   

  	
  220-1111

  1000 V Mosfet

  	
   

  	
  220-1122

  1200 V Mosfet

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  1 ‘06 – 12 ‘06

  Price

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  

 

	
  Part

  	
   

  	
  220-1068

  600 V IGBT

  	
   

  	
  220-1094

  900 V IGBT

  	
   

  
	
   

  	
   

  	
   

  	
   

  	
   

  	
   

  
	
  1 ‘06 – 12 ‘06

  Price

  	
   

  	
  [ * ]

  	
   

  	
  [ * ]

  	
   

  

 

Notes: Parts listed have
been ordered since 01/01/05. All other parts not listed receive a [ * ] price
increase based on the last reorder schedule.

 

New/ENG orders to be
quoted. Minimum order quantity is [ * ] wafers or more.

 

[ * ] =  CONFIDENTIAL TREATMENT REQUESTED

 

6

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