Document:

Exhibit 10.7

Exhibit 10.7

PRIVILEGED AND CONFIDENTIAL

Amendment to Employment Term Sheet
WireCo WorldGroup Inc. and Eric V. Bruder (the “Executive”) are parties to the Employment Term Sheet dated September 28, 2012 (the “Term Sheet”) and desire to amend the Term Sheet (the “Amendment”) in accordance with the terms and conditions as follows:

		
	1.
	AMENDMENT OF BASE SALARY.

The salary is deleted and replaced with $550,000.
		
	2.
	AMENDMENT OF EMPLOYMENT TERM.

The first sentence of the section titled “Employment Term” is deleted and replaced with the following:
“The period beginning on the date hereof through December 31, 2014 (the “Initial Term”), and thereafter the employment term shall automatically be renewed for eighteen (18) month periods unless either party gives written notice of its intention for the employment term not so to renew at least 60 days’ prior to the end of the Initial Term or any renewal term hereunder.”
		
	3.
	AMENDMENT OF SEVERANCE TERM.

The following shall be added as a new paragraph of the section titled “Severance”:
As of January 1, 2015, in the event that the Executive’s employment is terminated by the Company without Cause or the Executive resigns employment for Good Reason, subject to the Executive’s execution and non-revocation of a release in a form satisfactory to the Company, the Company shall pay the Executive, in a lump sum within 60 days of such termination, severance in an amount equal to, if such termination (i) does not occur during the two-year period following a Change in Control, one and one-half times the Executive’s then-current base salary, or (ii) occurs during the two-year period following a Change in Control, the product of (x) one and one-half times (y) the sum of the Executive’s then-current base salary and the average annual bonus paid to the Executive in respect of the two fiscal years most immediately preceding the year of the Change in Control for which such a bonus was paid.  In addition, in the event of a termination of the Executive’s employment consistent with clause (ii) of the prior sentence, the Executive and his spouse shall each be eligible to continue to participate (at no cost to the Company (or its successor)) in the applicable medical plan maintained by the Company (or its successor) from the date of the termination of the Executive’s employment through the date on which each of the Executive and his spouse attain age 65 (with eligibility for participation in the applicable medical plan ending for each of the Executive and his spouse on the last day of the month during which the applicable 65th birthday occurs); provided, however, that the Executive shall be responsible for all costs relating to such participation, as determined by the Company (or its successor) based on (A) if the medical benefit plan is self-insured, the actuarial value of the Executive and his spouse’s continued participation in the medical plan, as determined by the medical plan’s benefit advisor or actuary, as applicable or (B) if the medical benefit plan is fully insured, the cost relating to participation in the fully insured medical plan determined taking into account the actual cost of the insurance for the Executive and his spouse’s continued eligibility as determined based on the applicable former employee group.  The Executive will not be entitled to any severance in the event that the Executive’s employment with the Company is terminated for Cause or the Executive resigns without Good Reason.
		
	4.
	CONTINUANCE OF TERMS.  

Except as amended herein, the Term Sheet shall continue in full force and effect according to its terms and provisions and such terms and provisions shall apply to this Amendment as well as to the Term Sheet.
		
	5.
	DEFINED TERMS.  Defined terms used herein but not defined have the meaning given to such term in the Agreement.

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IN WITNESS WHEREOF, the parties agree that this Amendment will be effective as of the day and year written below.

	
		
	Eric V. Bruder
	WireCo WorldGroup Inc.

	/s/ Eric. V. Bruder                                               
	By:  /s/ Stephan Kessel
Name:  Stephan Kessel

Date: May 17, 2013

2Exhibit 10.8

Exhibit 10.8

 SHAREHOLDERS’ AGREEMENT  DATED DECEMBER 29, 2008 

Amended Schedule II 
Executive Management Investors 
Ira Glazer 
Eric V. Bruder 
John D. Josendale 
David T. Hornaday 
Keith J. McKinnish 
Joaquin Barrios 
John J. Anton 
Stephan Kessel
Christopher L. AyersExhibit 10.9

Exhibit 10.9

STOCKHOLDERS’ AGREEMENT DATED FEBRUARY 8, 2007

Amended Schedule II 
Executive Management Investors 
Ira Glazer 
Eric V. Bruder 
John D. Josendale 
David T. Hornaday 
David T. Guilfoyle 
Keith J. McKinnish 
Joaquin Barrios 
John J. Anton 
Stephan Kessel
Christopher L. AyersExhibit 10.10

Exhibit 10.10

RESTRICTED STOCK AGREEMENT

THIS RESTRICTED STOCK AGREEMENT (this “Agreement”), is made, effective as of [__________, _____] (the “Grant Date”), by and between WireCo WorldGroup (Cayman) Inc. (the “Company”) and __________ (the “Employee”).

W I T N E S S E T H:

WHEREAS, in connection with the appointment of the Employee as ______________ of WireCo World Group Inc., (“WireCo Delaware”) pursuant to the terms of an Employment Agreement, dated as of _____________ _____ between the Employee and WireCo Delaware (the “Employment Agreement”), the Board of Directors of the Company, (the “Board”) has approved a grant of shares of the Company’s common stock, par value $0.01 per share (“Common Stock”) pursuant to the WireCo WorldGroup (Cayman) Inc. 2008 Long-Term Incentive Plan, as amended (the “Plan”) to the Employee subject to certain restrictions as set forth herein and under the Plan.  Unless otherwise defined herein, capitalized terms shall have the meanings set forth in the Plan or Employment Agreement (as the case may be).  For the purposes of this Agreement, “Shareholders' Agreements” shall mean the shareholders' agreements by and among WireCo WorldGroup (Cayman) Inc. and the shareholders of the Company signatory thereto, dated as of February 8, 2007 and December 29, 2008.

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

1.Grant of Shares.  Subject to the restrictions, terms and conditions of this Agreement and of the Plan, the Company, having received from Employee the sum of $______ in respect of the par value of $0.01 per share for the ________ shares of Restricted Stock (defined below), hereby grants to the Employee on the Grant Date __________ shares of duly authorized, validly issued, fully paid and non-assessable Common Stock (the “Shares”).  The Shares are subject to certain forfeiture and transfer restrictions and possible risk of repurchase by the Company pursuant to the terms of this Agreement.  While the restrictions in Sections 2, 3(c) and 3(d) are in effect, the Shares subject to such restrictions shall be referred to herein as “Restricted Stock.”  
2.Restrictions on Transfer.  The Employee shall not sell, assign, transfer, pledge, exchange, encumber, hypothecate, or otherwise dispose of the Restricted Stock, except as set forth in this Agreement or as otherwise provided for in the 2008 Shareholders’ Agreement.  Any attempted sale, assignment, transfer, pledge, exchange, encumbrance, hypothecation, or other disposition of the Restricted Stock in violation of this Agreement shall be void and of no effect and the Company shall have the right to disregard the same on its books and records and to issue “stop transfer” instructions or other suitable instructions to its transfer agent.
3.Restricted Stock.
(a)Retention of Certificates.  Promptly after the date of this Agreement, the Company shall issue stock certificates representing the Restricted Stock unless it elects to recognize such ownership through book entry or another similar method pursuant to Section 8.  The stock certificates shall be registered or issued in the Employee’s name and shall bear any legend required under Section 4(a).  Unless held in book entry form, such stock certificates shall be held in custody by the Company until the restrictions thereon shall have lapsed.  Upon the Company’s request, the Employee shall deliver to the Company a duly signed stock power, endorsed in blank, relating to the Restricted Stock. If the Employee receives a stock dividend or cash dividend on the Restricted Stock or the shares of Restricted Stock are split or the Employee receives any other shares, securities, moneys or property representing a dividend on the Restricted Stock (other than regular cash dividends on and after the date of this Agreement, which shall be distributed to the Employee) or representing a distribution or return of capital upon or in respect of the Restricted Stock or any part thereof, or resulting from a split-up, reclassification or other like changes of the Restricted Stock, or otherwise received in exchange therefor, and any warrants, rights or options issued to the Employee in respect of the Restricted Stock (collectively “RS Property”), the Employee will also immediately deposit with and deliver to the Company any of such RS Property (including any cash or stock dividends (unless 

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otherwise distributable to the Employee hereunder) and including any certificates representing shares duly endorsed in blank or accompanied by stock powers duly executed in blank), and such RS Property shall be subject to the same restrictions, including that of this Section 3(a), as the Restricted Stock with regard to which they are issued and shall herein be encompassed within the term “Restricted Stock.”
(b)Rights with Regard to Restricted Stock.  The Employee will have all rights of a stockholder with respect to the Restricted Stock, including the right to vote the Restricted Stock, to receive and retain any dividends payable to holders of Common Stock of record on and after the transfer of the Restricted Stock (although such dividends shall be treated, to the extent required by applicable law, as additional compensation for tax purposes if paid on Restricted Stock and stock dividends will be subject to the restrictions provided in Section 3(a)), and to exercise all other rights, powers and privileges of a holder of Common Stock with respect to the Restricted Stock, with the exceptions that:  (i) the Employee will not be entitled to delivery of the stock certificate or certificates representing the Restricted Stock until the period of time that such Shares are subject to the restrictions set forth in Section 2 (the “Restricted Period”) shall have expired and unless all other vesting requirements with respect thereto have been fulfilled; (ii) the Company (or its designated agent) shall be entitled to retain custody of the stock certificate or certificates representing the Restricted Stock and the other RS Property during the Restriction Period; (iii) no RS Property shall bear interest or be segregated in separate accounts during the Restriction Period; and (iv) the Employee may not sell, assign, transfer, pledge, exchange, encumber, hypothecate, or otherwise dispose of the Restricted Stock during the Restriction Period, except as set forth in this Agreement.  It is agreed between the Company and the Employee that the Restricted Stock shall not be treated as a separate class of shares of the Company.
(c)Vesting.  
(i)    Subject to Section 3(c)(iii) and Section 3(d)(i), the Shares shall become vested on _______, _____, (the ________ anniversary of the Employee’s hire date) (the “Vesting Date”); provided that the Employee’s employment with WireCo Delaware has not terminated for any reason at any time prior to the applicable vesting date:
(ii)    There shall be no proportionate or partial vesting in the period prior to the Vesting Date, except as provided in Section 3(d)(i), and all vesting pursuant to Section 3(c)(i) shall occur only on the Vesting Date. 
(iii)    Notwithstanding the foregoing, subject to Section 3(d)(i), any then unvested Restricted Stock shall vest in full upon the consummation of a “Change of Control” of the WireCo Delaware, so long as the Employee is employed by WireCo Delaware (pursuant to the Employment Agreement) as of the day immediately preceding the date of such consummation or also, if applicable, by the Company and/or its Subsidiaries.  “Change of Control” shall have the meaning set forth in the Employment Agreement. 

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(d)Termination.  
(i)    If the Employee’s employment with WireCo Delaware is terminated (i) at any time by WireCo Delaware without “Cause” (as defined in the Employment Agreement), (ii) by the Employee for “Good Reason” (as defined in the Employment Agreement) or (iii) due to death or disability of the termination of the Employee’s employment by WireCo Delaware at the expiration of the then applicable employment term, then the Restricted Stock shall vest in proportion to the service period that has transpired since the Effective Date (i.e. the Employee shall have _____% vested after _____ years of service), provided that in connection with any termination, the Employee: (x) executes, delivers and does not revoke the “Release” (as defined in the “Employment Agreement”); (y) complies with his post-termination obligations of the Employment Agreement; and (3) complies with the terms of the Shareholders’ Agreements.
(ii)    Upon a termination of the Employee’s employment with WireCo Delaware any reason other than as set forth in Section 3(d)(i), the Employee shall forfeit to the Company, without compensation (other than any amounts the Employee paid to acquire such Restricted Stock), any and all unvested Restricted Stock (but no vested portion of the Restricted Stock), and such unvested Restricted Stock shall be repurchased by the Company for the par value per share and the Employee hereby agrees to such repurchase in such circumstances.
(e)Delivery.  When any Restricted Stock becomes vested, the Company shall promptly issue and deliver to the Employee, unless the Company is using a book entry or similar method pursuant to Section 8, a new stock certificate registered in the name of the Employee for such Shares without the legend set forth in Section 4(a) and deliver such Shares free of all liens, claims and other encumbrances (other than those created by the Employee), subject to applicable withholding taxes, and in all cases subject to the terms of the Shareholders’ Agreements.  
(f)Adjustments.  The grant of Restricted Stock hereunder shall not affect in any way the right or power of the Board or the stockholders of the Company to make or authorize (i) any adjustment, recapitalization, reorganization or other change in the Company’s capital structure or its business, (ii) any merger or consolidation of the Company or any of its affiliates, (iii) any issuance of bonds, debentures, preferred or prior preference stock ahead of or affecting the Common Stock, (iv) the dissolution or liquidation of the Company or any of its affiliates, (v) any sale or transfer of all or part of the assets or business of the Company or any of its affiliates or (vi) any other corporate act or proceeding.
(g)Withholding.  The Employee agrees that no later than the date on which any Restricted Stock shall have become vested and the Employee becomes subject to any federal, state and local or foreign tax with respect to such Shares, the Employee shall pay, or make arrangements to pay or otherwise satisfy, in a manner approved by the Company in its sole discretion, an amount equal to the amount of all applicable federal, state and local or foreign taxes that the Company is required to withhold with respect to any such Shares; provided that for so long as the Company is not publicly traded, the Executive may elect to direct the Company to effect a “Net Settlement” (as defined below).  In the absence of such arrangements, the Company or one of its affiliates (including WireCo Delaware) shall have the right to withhold such taxes from the Employee’s normal pay or other amounts payable to the Employee, including, but not limited to, the right to withhold Shares otherwise deliverable to the Employee hereunder.  Notwithstanding the foregoing, so long as the Employee is employed as of the Vesting Date, or vesting has occurred pursuant to Sections 3(c) or 3(d), the Company shall satisfy any withholding tax obligation by reducing the amount of Restricted Stock by the appropriate number of Shares as provided for in Article XIV of the Plan (a “Net Settlement”).
(h)Section 83(b).  If the Employee properly elects (as permitted by Section 83(b) of the Code) within 30 days after the Grant Date to include in gross income for federal income tax purposes in the year of issuance the fair market value of all or a portion of such Restricted Stock, the Employee shall pay to the Company or 

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make arrangements satisfactory to the Company to pay to the Company upon such election, any federal, state or local taxes required to be withheld with respect to the applicable Restricted Stock; it being understood that the Employee may elect a “Net Settlement” in connection with the satisfaction of such tax liability.  If the Employee shall fail to make such payment, the Company shall, to the extent permitted by law, have the right to deduct from any payment of any kind otherwise due to the Employee any federal, state or local taxes of any kind required by law to be withheld with respect to the Restricted Stock, as well as the rights set forth in Section 3(h).  The Employee acknowledges that it is the Employee’s sole responsibility, and not the Company’s, to file timely and properly the election under Section 83(b) of the Code and any corresponding provisions of state tax laws if the Employee elects to utilize such election.
(i)Other Benefits.  The Employee acknowledges and agrees that the Restricted Stock shall not be deemed compensation for purposes of computing benefits under any retirement plan of the Company or its affiliates nor affect any benefits under any other benefit plan now or subsequently in effect under which the availability or amount of benefits is related to the level of the Employee’s compensation.
(j)Delivery Delay.  The delivery of any certificate representing the Restricted Stock or other RS Property may be postponed by the Company for such period as may be required for it to comply with any applicable foreign, federal or state securities law, or any national securities exchange listing requirements and the Company is not obligated to issue or deliver any securities if, in the opinion of counsel for the Company, the issuance of such Shares shall constitute a violation by the Employee or the Company of any provisions of any applicable foreign, federal or state law or of any regulations of any governmental authority or any national securities exchange.
4.Legend.  All certificates representing the Restricted Stock shall have endorsed thereon the following legends substantially:
(a)“The sale or other transfer of the Shares of stock represented by this certificate, whether voluntary, involuntary, or by operation of law, is subject to certain restrictions on transfer as set forth in the WireCo WorldGroup (Cayman) Inc. 2008 Long-Term Incentive Plan, and in an Award Agreement, and pursuant to the terms of various Shareholders’ Agreements.  A copy of the Plan and such Award Agreement, and the Shareholders’ Agreements, may be obtained from WireCo WorldGroup (Cayman) Inc.”
(b)Any legend required to be placed thereon by applicable blue sky laws of any state.
Notwithstanding the foregoing, in no event shall the Company be obligated to issue a certificate representing the Restricted Stock prior to the vesting dates set forth above.

		
	5.
	Securities Representations.  The Shares are being issued to the Employee and this Agreement is being made by the Company in reliance upon the following express representations and warranties of the Employee.

The Employee acknowledges, represents and warrants that:

(a)the Employee has been advised that the participant may be an “affiliate” within the meaning of Rule 144 under the Securities Act of 1933, as amended (the “Act”), currently or at the time the Employee desires to sell the Shares following the vesting of the Restricted Stock, and in this connection the Company is relying in part on the Employee’s representations set forth in this section.

(b)If the Employee is deemed an affiliate within the meaning of Rule 144 of the Act, the Shares must be held indefinitely unless an exemption from any applicable resale restrictions is available or the Company files an additional registration statement (or a “re-offer prospectus”) with regard to such Shares and the Company is under no obligation to register the Shares (or to file a “re-offer prospectus”).

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(c)If the Employee is deemed an affiliate within the meaning of Rule 144 of the Act, the Employee understands that the exemption from registration under Rule 144 will not be available unless (i) a public trading market then exists for the Common Stock of the Company, (ii) adequate information concerning the Company is then available to the public, and (iii) other terms and conditions of Rule 144 or any exemption therefrom are complied with; and that any sale of the Shares may be made only in limited amounts in accordance with such terms and conditions.

6.No Obligation to Continue Employment.  This Agreement is not an agreement of employment.  This Agreement does not guarantee that the Company or its affiliates, will employ or retain, or continue to employ or retain, the Employee during the entire, or any portion of the, term of this Agreement, including but not limited to any period during which the Restricted Stock is outstanding, nor does it modify in any respect the Company’s or any of its affiliate’s right to terminate or modify the Employee’s employment or compensation. 
7.Power of Attorney.  The Company, its successors and assigns, is hereby appointed the attorney-in-fact, with full power of substitution, of the Employee for the purpose of carrying out the provisions of this Agreement and taking any action and executing any instruments which such attorney-in-fact may deem necessary or advisable to accomplish the purposes hereof, which appointment as attorney-in-fact is irrevocable and coupled with an interest.  The Company, as attorney-in-fact for the Employee, may in the name and stead of the Employee, make and execute all conveyances, assignments, repurchases, and transfers of the Restricted Stock, Shares and property provided for herein, and the Employee hereby ratifies and confirms all that the Company, as said attorney-in-fact, shall do by virtue hereof.  Nevertheless, the Employee shall, if so requested by the Company, execute and deliver to the Company all such instruments as may, in the judgment of the Company, be advisable for the purpose.
8.Uncertificated Shares.  Notwithstanding anything else herein, to the extent permitted under applicable foreign, federal or state law, the Company may issue the Restricted Stock in the form of uncertificated shares.  Such uncertificated shares of Restricted Stock shall be credited to a book entry account maintained by the Company (or its designee) on behalf of the Employee.  If thereafter certificates are issued with respect to the uncertificated shares of Restricted Stock, such issuance and delivery of certificates shall be in accordance with the applicable terms of this Agreement.
9.Notices.  Any notice or communication given hereunder (each a “Notice”) shall be in writing and shall be sent by personal delivery, by courier or by United States mail (registered or certified mail, postage prepaid and return receipt requested), to the appropriate party at the address set forth below:  
If to the Company, to:
WireCo WorldGroup (Cayman) Inc.
c/o Walkers Global
190 Elgin Avenue 
George Town, Grand Cayman KY1-9001 
Cayman Islands

If to the Employee, to the address for the Employee on file with the Company or such other address or to the attention of such other person as a party shall have specified by prior Notice to the other party.  Each Notice will be deemed given and effective upon actual receipt (or refusal of receipt).
10.Governing Law.  All questions concerning the construction, validity and interpretation of this Agreement will 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 laws of any jurisdiction other than the Cayman Islands.
11.Consent to Jurisdiction.  In the event of any dispute, controversy or claim between the Company or any Affiliate and the Employee in any way concerning, arising out of or relating to this Agreement (a “Dispute”), 

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including without limitation any Dispute concerning, arising out of or relating to the interpretation, application or enforcement of this Agreement, the parties hereby (a) agree and consent to the personal jurisdiction of the courts of the State of New York located in New York County and/or the Federal courts of the United States of America located in the Southern District of New York (collectively, the “Agreed Venue”) for resolution of any such Dispute, (b) agree that those courts in the Agreed Venue, and only those courts, shall have exclusive jurisdiction to determine any Dispute, including any appeal, and (c) agree that any cause of action arising out of this Agreement shall be deemed to have arisen from a transaction of business in the State of New York.  The parties also hereby irrevocably (i) submit to the jurisdiction of any competent court in the Agreed Venue (and of the appropriate appellate courts therefrom), (ii) to the fullest extent permitted by law, waive any and all defenses the parties may have on the grounds of lack of jurisdiction of any such court and any other objection that such parties may now or hereafter have to the laying of the venue of any such suit, action or proceeding in any such court (including without limitation any defense that any such suit, action or proceeding brought in any such court has been brought in an inconvenient forum), and (iii) consent to service of process in any such suit, action or proceeding, anywhere in the world, whether within or without the jurisdiction of any such court, in any manner provided by applicable law.  Without limiting the foregoing, each party agrees that service of process on such party pursuant to a Notice as provided in Section 9 shall be deemed effective service of process on such party.  Any action for enforcement or recognition of any judgment obtained in connection with a Dispute may be enforced in any competent court in the Agreed Venue or in any other court of competent jurisdiction.
12.Amendment.  No modification or waiver of any of the provisions of this Agreement shall be effective unless in writing by the party against whom it is sought to be enforced.  
13.Counterparts.  This Agreement may be executed (including by facsimile transmission) with counterpart signature pages or in separate counterparts each of which shall be an original and all of which taken together shall constitute one and the same agreement.
14.Miscellaneous.
(a)By signing and returning this Agreement, the Employee agrees to comply with this Agreement and all applicable laws and regulations.  
(b)This Agreement contains the entire understanding of the parties with respect to the subject matter hereof and supersedes any prior agreements between the Company and the Employee with respect to the subject matter hereof, including without limitation, the Employment Agreement.
(c)This Agreement shall inure to the benefit of and be binding upon the parties hereto and their respective heirs, legal representatives, successors and assigns.  Except as provided in this Section 14(c), neither party may assign or delegate any rights or obligations hereunder.  Notwithstanding the foregoing, the Employee hereby acknowledges and agrees that the Company may assign this Agreement to any successor to all or substantially all of the business and/or assets of the Company.  As used in this Agreement, “Company” shall mean the Company and any successor to its business and/or assets.
(d)The failure of any party hereto at any time to require performance by another party of any provision of this Agreement shall not affect the right of such party to require performance of that provision, and any waiver by any party of any breach of any provision of this Agreement shall not be construed as a waiver of any continuing or succeeding breach of such provision, a waiver of the provision itself, or a waiver of any right under this Agreement.
(e)If any provision of this Agreement shall be held invalid or unenforceable, such invalidity or unenforceability shall not affect any other provisions hereof, and this Agreement shall be construed and enforced as if such provisions had not been included.

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(f)The section headings used in this Agreement are included solely for convenience and shall not affect, or be used in connection with, the interpretation of this Agreement.
(g)The Company shall pay all fees and expenses necessarily incurred by the Company in connection with this Agreement and will from time to time use its reasonable efforts to comply with all laws and regulations which, in the opinion of counsel to the Company, are applicable thereto.
(h)Although the Company makes no guarantee with respect to the tax treatment of the Restricted Stock, the award of Restricted Stock pursuant to this Agreement is intended to be exempt from Section 409A of the Code and shall be limited, construed and interpreted in accordance with such intent.  With respect to any dividends and other RS Property, however, this Agreement is intended to comply with, or to be exempt from, the applicable requirements of Section 409A of the Code and shall be limited, construed and interpreted in accordance with such intent.  In no event whatsoever shall the Company or any of its affiliates be obligated to indemnity the Employee for any matters relating to Section 409A of the Code.
(i)Notwithstanding anything to the contrary contained herein, the Company may in its sole discretion cancel any unvested Restricted Stock, or repurchase any vested Restricted Stock at the “Repurchase Price” (as defined below) if the Employee, without the consent of the Company, while employed by or providing services to the Company, WireCo Delaware or any of their affiliates, or after termination of such employment or service, violates a non-competition, non-solicitation, confidentiality or non-disparagement covenant or agreement or otherwise has engaged in activity while employed by WireCo Delaware involving criminal conduct, fraud, dishonesty, theft or comparable conduct that would have constituted "Cause" for termination had it come to the attention of the Company or Board of WireCo Delaware while the Employee was employed. In addition, if the Employee otherwise has engaged in or engages in any activity referred to in the preceding sentence, the Employee shall forfeit any gain realized on the sale of the Restricted Shares and shall repay the gain to the Company. “Repurchase Price” shall mean the lower of the Employee’s cost or “fair market value” (as defined in the Shareholders’ Agreements).

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IN WITNESS WHEREOF, the parties have executed this Agreement on the date and year first above written.
WIRECO WORLDGROUP (CAYMAN) INC.

By:_______________________________

Title:______________________________

EMPLOYEE:
____________________________________

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