Document:

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                                                                Exhibit 10.24.2

                             TERMINATION AGREEMENT

     This Termination Agreement (this "Agreement") is entered into as of the
27th  day of July, 2000 by and between SMTC Corporation, a Delaware corporation
(the "Company"), Bain Capital Partners VI, L.P., a Delaware limited partnership
("Bain"), Celerity Management Co., Inc., a Delaware corporation ("Celerity") and
Kilmer Electronics Group Limited, an Ontario corporation ("KEGL" and
collectively with Bain and Celerity, the "Service Providers").

          WHEREAS, the Company and the Service Providers are party to a
     Management Agreement dated as of July 30, 1999 (the "Management
     Agreement");

          WHEREAS,  in connection with the initial public offering of common
     stock of the Company and exchangeable shares of SMTC Manufacturing
     Corporation of Cananda (the "IPO"), the Company and the Service Providers
     desire to discontinue the provision of services by the Service Providers to
     the Company and the Company's payment of fees to the Service Providers for
     such services, each as described in the Management Agreement; and

          WHEREAS, the Company may agree in the future to retain one or more of
     the Service Providers or their affiliated or associated entities to provide
     certain management and advisory services to the Company in connection with
     certain transactions;

     NOW, THEREFORE, in consideration of the mutual covenants contained herein,
and for other good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged, the parties hereto, intending to be legally
bound, hereby agree as follows:

1.   DEFINITIONS.  Capitalized terms used but not defined in this Agreement
     shall have the definitions set forth in the Management Agreement.

2.   TERMINATION.  The Company and each of the Service Providers hereby agree
     that:

     (a)  the Management Agreement is hereby terminated, effective as of the
          closing of the IPO;

     (b)  the Company shall pay Bain the sum of Seven Hundred Twenty Thousand
          Dollars ($720,000), Celerity the sum of Seven Hundred-Twenty Thousand
          Dollars ($720,000), and KEGL the sum of Three Hundred Sixty Thousand
          Dollars ($360,000) upon the effectiveness of this Agreement;
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     (c)  notwithstanding the foregoing:Sections 4, 5, 7, 9 and 10 of the
          Management Agreement shall survive the termination of the Management
          Agreement and are hereby incorporated by reference herein, mutatis
          mutandis, for all purposes to have the same effect as if fully set
          forth herein, with appropriate modifications as the context may
          require; and

     (d)  nothwithstanding the provisions of this Agreement, the Company may
          agree in the future to retain any of the Service Providers or their
          respective affiliates to provide certain management and advisory
          services to the Company, on terms mutually satisfactory to each party
          in the discretion thereof.

3.   FREEDOM TO PURSUE OPPORTUNITIES.  Without limiting the generality of the
     foregoing Section 2(c) as it relates to Section 7(a) of the Management
     Agreement, in consideration of the agreements of the Service Providers set
     forth herein and of the agreement of certain individuals affiliated or
     otherwise associated with the Service Providers to serve on the Board of
     Directors of the Company, the Company and the Service Providers hereby
     agree that in anticipation that the Company and one or more of the Service
     Providers (or one or more of their respective affiliates, associated
     investment funds or portfolio companies, clients or individuals associated
     with any of the foregoing including, without limitation, certain
     individuals who may from time to time serve as directors, officers,
     employees of, or consultants to, the Company) may engage in the same or
     similar activities or lines of business and have an interest in the same
     areas of corporate opportunities, except as any Service Provider may
     otherwise agree in writing (solely as to itself), after the date hereof:

     (a)  each Service Provider shall have the right to, and shall have no duty
          (contractual or otherwise) not to, directly or indirectly:  (i) engage
          in the same or similar business activities or lines of business as the
          Company, including those competing with the Company and (ii) do
          business with any client or customer of the Company;

     (b)  No Service Provider nor any officer, director, employee, partner,
          affiliate or associated person or entity thereof shall be liable to
          the Company or its affiliates for breach of any duty (contractual or
          otherwise) by reason of any such activities of or of such person's
          participation therein; and

     (c)  In the event that any Service Provider acquires knowledge of a
          potential transaction or matter that may be a corporate opportunity
          for both the Company and one or more Service Providers or any other
          person, such Service Provider shall have no duty (contractual or
          otherwise) to communicate or present such corporate opportunity to the
          Company and, notwithstanding any provision of this Agreement to the
          contrary, shall not be liable to the Company or its affiliates for
          breach of any duty (contractual or otherwise) by reason of the fact

                                      -2-
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          that such Service Provider directly or indirectly pursues or acquires
          such opportunity for itself, directs such opportunity to another
          person, or does not present such opportunity to the Company.

4.   GOVERNING LAW.  This Agreement shall be governed by and construed in
     accordance with the domestic substantive laws of the State of Delaware
     without giving effect to any choice or conflict of law provision or rule
     that would cause the application of the domestic substantive laws of any
     other jurisdiction.

5.   AMENDMENTS AND WAIVERS.  No amendment or waiver of any term, provision or
     condition of this Agreement shall be effective as against any party, unless
     in writing and executed such party.  No waiver on any one occasion shall
     extend to or effect or be construed as a waiver of any right or remedy on
     any future occasion.  No course of dealing of any person nor any delay or
     omission in exercising any right or remedy shall constitute an amendment of
     this Agreement or a waiver of any right or remedy of any party hereto.

6.   MERGER/ENTIRE AGREEMENT.  This Agreement contains the entire understanding
     of the parties with respect to the subject matter hereof and supersedes any
     prior communication or agreement with respect thereto.

7.   COUNTERPARTS.  This Agreement may be executed in any number of counterparts
     and by each of the parties hereto in separate counterparts, each of which
     when so executed shall be deemed to be an original and all of which
     together shall constitute one and the same agreement.

               [Remainder of this page intentionally left blank]

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     IN WITNESS WHEREOF, each of the parties has caused this Agreement to be
executed on its behalf as an instrument under seal as of the date first above
written by its officer or representative thereunto duly authorized.

The Company:                  SMTC CORPORATION

                              By  /s/ Paul Walker
                                --------------------------------
                                  Title: President

Bain:                         BAIN CAPITAL PARTNERS VI, L.P.

                              By  Bain Capital Investors VI, Inc.,
                                  its general partner

                              By  /s/ [signature appears here]
                                  ------------------------------
                                  Title: Authorized signatory

Celerity:                     CELERITY MANAGEMENT CO., INC.

                              By  /s/ Stephen Adamson
                                  ------------------------------
                                  Title: President

KEGL:                         KILMER ELECTRONICS GROUP LIMITED

                              By  /s/ Michael Griffiths
                                  ------------------------------
                                  Title: Secretary-Treasurer<PAGE>

                                                                  Exhibit 10.25

This SHARE PURCHASE AGREEMENT is made on the 26th day of July, 2000, between
SMTC NOVA SCOTIA COMPANY (the "PURCHASER"), Gary Elwood Walker (the "VENDOR")
and SMTC CORPORATION ("SMTC-US").

RECITALS

A.  The Vendor is the registered and beneficial owner of  23,092.4669 Class Y
Shares (the "TRANSFERRED SHARES").

B.  The Vendor wishes to sell, and the Purchaser wishes to purchase, the
Transferred Shares as of the Effective Time on the terms and conditions set out
in this Agreement.

C.  On the date hereof, there are no dividends that have been declared or that,
in accordance with the Class Y Share Provisions, should have been declared on
the Transferred Shares that have not been paid.

D.  SMTC-US is the sole shareholder of the Purchaser.

FOR VALUE RECEIVED, the parties agree as follows:

1.  DEFINITIONS.

    (a)  In this Agreement, the following terms shall have the meanings set out
         below:

         (i)    CERTIFICATE has the meaning given to it in section 6;

         (ii)   CLASS Y SHARE PROVISIONS means the rights, privileges,
                restrictions and conditions attaching to the Class Y Shares as
                set out in the Corporation's articles of amalgamation dated
                August 31, 1994, as amended to the date of this Agreement;

         (iii)  CLASS Y SHARES means the Class Y non-voting preferred shares in
                the capital of the Corporation;

         (iv)   CLOSING means the closing of the Initial Public Offering;

         (v)    CORPORATION means SMTC Manufacturing Corporation of Canada;

         (vi)   EFFECTIVE DATE means the day immediately preceding the Closing;

         (vii)  EFFECTIVE TIME means 11:59 p.m. on the Effective Date;

         (viii) INITIAL PUBLIC OFFERING means the offering of exchangeable
                shares by the Corporation pursuant to a prospectus dated July
                20, 2000 and the offering by SMTC-US of shares of common stock
                pursuant to a registration statement dated July 20, 2000;
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                                     2                 SHARE PURCHASE AGREEMENT

         (ix)   SHARE PAYMENT has the meaning given to it in section 4;

         (x)    SMTC-US means SMTC Corporation, a corporation existing under the
                laws of Delaware;

         (xi)   SMTC-US CLASS L SHARE means one share of Class L common stock,
                par value US$0.001, of SMTC-US; and

         (xii)  TRANSFERRED SHARES has the meaning given to it in recital A
                above.

    (b)  Unless the context indicates otherwise, capitalized terms used but not
         defined in this Agreement shall have the meanings given to them in the
         Class Y Share Provisions.

2.  PURCHASE AND SALE OF SHARES. Subject to the terms and conditions of this
    Agreement, effective as of the Effective Time, the Vendor shall sell to the
    Purchaser, and the Purchaser shall purchase from the Vendor, the Transferred
    Shares.

3.  PURCHASE PRICE FOR TRANSFERRED SHARES. The purchase price for each
    Transferred Share shall be an amount equal to, the fair market value of one
    SMTC-US Class L Share on the business day immediately preceding the
    Effective Date.

4.  SATISFACTION OF PURCHASE PRICE. The Purchaser shall satisfy the purchase
    price for the Transferred Shares by delivering or causing to be delivered to
    the Vendor one SMTC-US Class L Share for each Transferred Share (the "SHARE
    PAYMENT").

5.  SMTC-US TO ISSUE SHARES. SMTC-US shall issue on behalf of the Purchaser the
    shares constituting the Share Payment registered in the name of the Vendor
    upon receipt of the Vendor's certificate representing his Class Y shares,
    duly endorsed for transfer to the Purchaser.

6.  SECTION 116 CERTIFICATE. Forthwith after the Effective Date, the Vendor
    shall provide notice to Canada Customs and Revenue Agency of the sale of the
    Transferred Shares in accordance with subsection 116(3) of the Income Tax
    Act (Canada) and shall obtain a certificate from Canada Customs and Revenue
    Agency issued by the Canada Customs and Revenue Agency under subsection
    116(4) of the Income Tax Act (Canada) (the "CERTIFICATE").

7.  VENDOR'S REPRESENTATIONS.  The Vendor represents and warrants to the
    Purchaser and SMTC-US as follows:

    (a)  the Vendor legally and beneficially owns all of the Transferred Shares
         with a good and marketable title thereto free and clear of any liens,
         pledges, charges, mortgages, encumbrances and other security interests
         or claims of others;

    (b)  the Vendor has the power and capacity to execute and deliver this
         Agreement and to perform his obligations hereunder; and
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                                     3                 SHARE PURCHASE AGREEMENT

    (c)  this Agreement has been duly and validly executed and delivered by the
         Vendor and is a valid and legally binding obligation of the Vendor
         enforceable against him in accordance with its terms, subject, as to
         enforcement, to bankruptcy, insolvency and other laws affecting
         creditors' rights generally and to general principles of equity.

8.  PURCHASER'S REPRESENTATIONS.  The Purchaser represents and warrants to the
    Vendor and SMTC-US as follows:

    (a)  the Purchaser has the corporate power and capacity to execute and
         deliver this Agreement and to perform its obligations hereunder;

    (b)  the execution and delivery of this Agreement, and the performance by
         the Purchaser of its obligations hereunder have been duly and validly
         authorized by it and no other corporate proceedings or approvals on its
         part or on the part of its directors or shareholders (if necessary) are
         required to authorize this Agreement; and

    (c)  this Agreement has been duly and validly executed and delivered by the
         Purchaser and is a valid and legally binding obligation of the
         Purchaser enforceable against the Purchaser in accordance with its
         terms, subject, as to enforcement, to bankruptcy, insolvency and other
         laws affecting creditors' rights generally and to general principles of
         equity.

9.  SMTC-US'S REPRESENTATIONS.  SMTC-US represents and warrants to the Vendor
    and the Purchaser as follows:

    (a)  SMTC-US has the corporate power and capacity to execute and deliver
         this Agreement and to perform its obligations hereunder;

    (b)  the execution and delivery of this Agreement, and the performance by
         SMTC-US of its obligations hereunder have been duly and validly
         authorized by it and no other corporate proceedings or approvals on its
         part or on the part of its directors or shareholders (if necessary) are
         required to authorize this Agreement;

    (c)  this Agreement has been duly and validly executed and delivered by
         SMTC-US and is a valid and legally binding obligation of SMTC-US
         enforceable against SMTC-US in accordance with its terms, subject, as
         to enforcement, to bankruptcy, insolvency and other laws affecting
         creditors' rights generally and to general principles of equity; and

    (d)  the shares constituting the Share Payment, upon issuance in accordance
         with the terms of this Agreement, shall be duly authorized and validly
         issued, fully paid and non-assessable shares.
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                                     4                 SHARE PURCHASE AGREEMENT

10.  GENERAL.

    (a)  The representations and warranties of the parties contained in this
         Agreement shall survive the completion of the transactions contemplated
         by this Agreement.

    (b)  Each of the parties shall, from time to time, take or cause to be taken
         such action and execute and deliver or cause to be executed and
         delivered to the other such documents and further assurances as may, in
         the reasonable opinion of the other party, be necessary or advisable to
         give effect to this Agreement.

    (c)  Time shall be of the essence in this Agreement.

    (d)  No party may assign this Agreement without the written consent of the
         other parties. This Agreement shall enure to the benefit of and be
         binding upon the parties and their respective successors and permitted
         assigns.

    (e)  This Agreement constitutes the entire agreement between the parties
         with respect to the subject matter hereof and supersedes all prior
         negotiations and understandings.

    (f)  No provision may be amended or waived except in writing.

    (g)  This Agreement shall be governed by and interpreted in accordance with
         the laws of the State of Delaware and each of the parties hereby
         irrevocably submits to the jurisdiction of state and federal courts
         sitting in Delaware.

    (h)  Any provision of this Agreement which is invalid or unenforceable shall
         not affect any other provision and shall be deemed to be severable.

                           - SIGNATURE PAGE FOLLOWS -
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                                     5                 SHARE PURCHASE AGREEMENT

IN WITNESS WHEREOF the parties have duly executed this Agreement.

SMTC CORPORATION                      SMTC NOVA SCOTIA COMPANY

By: /s/ Richard Smith                 By: /s/ Richard Smith
    -----------------                     -----------------

By: /s/ Paul Walker                   By: Paul Walker
    -----------------                     -----------------

                                       /s/ Gary Walker
                                       --------------------

                                       GARY ELWOOD WALKER

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