Document:

Form of Amended and Restated 2006 Equity Plan Award Agreement (Directors')

 EXHIBIT 10.14 
 NB&T FINANCIAL GROUP, INC. 
 AMENDED AND RESTATED 2006 EQUITY PLAN AWARD AGREEMENT
(Directors’ Nonqualified Stock Option) 
 NB&T Financial Group, Inc., an Ohio corporation (the “Company”), hereby
grants an option (this “Option”) to purchase its common shares, without par value (the “Shares”), to the Optionee named below. The terms and conditions of this Option are set forth in this Agreement (which includes this cover
sheet), in the NB&T Financial Group, Inc. Amended and Restated 2006 Equity Plan (the “Plan”) and in the Plan prospectus. Copies of the Plan and the Plan prospectus are attached. A copy of this Award Agreement must be signed and
returned to the President or the Chief Financial Officer of the Company at its executive offices within 60 days of the Option Grant Date or the Option will be deemed forfeited. 
 Option Grant Date:                          
 Name of Optionee:
                         
 Number of Shares Covered by Option:                          
 Exercise Price per Share: $            , which is intended to be not less than 100% of the Fair Market
Value of the Shares on the Option Grant Date. 
 Vesting Schedule: Subject to all of the terms and conditions set forth in this Agreement and the
Plan, your right to purchase Shares under this Option shall vest as follows: 
  

			
	 Number of Full Years Beginning After Grant Date
	  	Cumulative
Percentage Vested
	 Less than 1
	  	0 percent
	 1 but fewer than 2
	  	33 1/3 percent
	 2 but fewer than 3
	  	66 2/3 percent
	 3 or more
	  	100 percent

 Option Term: Ten years 
 By signing the cover sheet of this Agreement, the undersigned agree to all of the terms and conditions described in this Agreement and in the Plan. 
  

					
			
	Optionee:	 		 	 
		 		 	Signature
			
		 		 	 
		 		 	Typed or printed name
			
	Company: 	 	By 	 	 
		 		 	Signature
			
		 		 	 
		 		 	Typed or printed name
			
		 	Its	 	 

  

 86 

 The Plan and Other Agreements 
 The text of the Plan, as it may be amended from time to time, is incorporated in this Agreement by reference. This Agreement (which includes the cover sheet) and the Plan constitute the entire understanding between you and the Company
regarding this Option. Any prior agreements, commitments or negotiations concerning this Option are superseded. In the event that any provision in this Agreement conflicts with any term in the Plan, the term in the Plan shall be deemed controlling.
Certain capitalized terms used in this Agreement are defined in the Plan. You are strongly urged to read the Plan and the Plan prospectus in their entirety. 
 Nonqualified Stock Option 
 This Option is not intended to qualify as an Incentive Stock Option under section 422 of the Code and shall be
interpreted accordingly. 
 Vesting 
 This Option may be
exercised according to the schedule set forth on the cover sheet. 
 Term 
 This Option shall expire in any event at the close of business at the Company’s executive offices on the day before the ten-year anniversary of the Option Grant Date, as shown on the cover sheet. This Option will
expire earlier if your service as a Director (“Service”) Terminates, as described below. 
 Termination due to Death or Disability

 If your Service Terminates because of your death or Disability, this Option will expire at the close of business at the Company’s executive
offices on the earlier of the expiration date specified in this Award Agreement or one year after the date of death or Disability. 
 Termination for
Cause 
 If your Service is Terminated, or is deemed to have been Terminated, for Cause, this Option will immediately expire, and all unexercised rights
to purchase Shares under this Agreement, whether or not then exercisable, will be forfeited. 
 Termination for Any Other Reason 
 If your Service Terminates for any reason other than because of your death of Disability or because you were Terminated for Cause, this Option may be exercised to the
extent it is exercisable at the date of Termination at any time before the earlier of (1) the expiration date specified in this Agreement or (2) 90 days after the Termination date. To the extent this Option is not exercisable as of the
date of Termination, the right to purchase Shares under this Option shall be forfeited. 
 Notice of Exercise 
 When you wish to exercise this Option, you must notify the Company by delivering an appropriate “Notice of Exercise” to the Committee, in care of either the
President or the Chief Financial Officer of the Company at the Company’s executive offices. A copy of such Notice of Exercise is attached to this Agreement. Your notice must specify how many Shares you wish to purchase (which must be a whole
number of Shares) and how your Shares should be registered (in our name only, or in your and your spouse’s names as joint tenants or as joint tenants with right of survivorship). Your notice will be effective when it is received by the Company
at the Company’s executive offices. If someone else wants to exercise this Option after your death, that person must prove to the Company’s satisfaction that he or she is entitled to do so. 
  

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 Form of Payment 
 When
you submit your notice of exercise, you must include payment of the Exercise Price per Share for the Shares you are purchasing. Payment may be made in cash, a cashier’s check or a money order, or you may exercise this Option by tendering Shares
you already have owned for at least six months and that have a Fair Market Value on the exercise date equal to the Exercise Price per Share for the Shares you are purchasing. You are urged to read carefully the taxation discussion in the Plan
prospectus before exercising your Option. 
 Withholding Taxes 
 You will not be allowed to exercise this Option unless you make arrangements acceptable to the Committee to pay any withholding or other taxes that may be due as a result of the exercise of this Option or the sale of Shares acquired under
this Option. 
 Restrictions on Exercise and Resale 
 By
signing this Agreement, you agree not to exercise this Option or sell any Shares acquired under this Option at a time when applicable laws, regulations or Company or underwriter trading policies prohibit exercise, sale or issuance of Shares. The
Company will not permit you to exercise this Option if the issuance of shares at that time would violate any law or regulation. The Company shall have the right to designate one or more periods of time, each of which shall not exceed 180 days in
length, during which this Option shall not be exercisable if the Committee determines, in its sole discretion, that such limitation on exercise could in any way facilitate a lessening of any restriction on transfer pursuant to the Securities Act of
1933, as amended (the “Securities Act”), or any state securities laws with respect to any issuance of securities by the Company, facilitate the registration or qualification of any issuance of securities by the Company under the Securities
Act or any state securities laws, or facilitate the perfection of any exemption from the registration or qualification requirements of the Securities Act or any state securities laws for the issuance or transfer of any securities. Such limitation on
exercise shall not alter the Vesting Schedule set forth on the cover page other than to limit the periods during which this Option shall be exercisable. 
 Transfer of Option 
 Except as provided in the Beneficiary Designation section above, this Option may not be transferred except by will or
the laws of descent and distribution and, during your lifetime, may be exercised only by you or your guardian or legal representative. 
 Beneficiary
Designation 
 You may name a Beneficiary or Beneficiaries to receive or to exercise this Option at your death, to the extent this Option is so
exercisable as set forth elsewhere in this Agreement and the Plan. Such a designation may be done only on the attached Beneficiary Designation Form and by following the rules in that Form. The Beneficiary Designation Form need not be completed now
and is not required as a condition of receiving your Option. If you die without completing a Beneficiary Designation Form or if you do not complete that Form correctly, your Beneficiary will be your surviving spouse or, if you do not have a
surviving spouse, your estate. 
 No Rights to Continue as Director 
 Neither this Option nor this Agreement gives you the right to continue as a Company Director or to be nominated by the Board of Directors of the Company to continue as a Company Director. 
 No Shareholder Rights 
 Neither you, nor your estate or heirs, shall
have any rights as a shareholder of the Company with respect to the Shares underlying this Option until this Option has been exercised and a certificate for the Shares being acquired has been issued. No adjustments will be made for dividends or
other rights if the applicable record date occurs before the certificate for the Shares is issued, except as described in the Plan. 
  

 88 

 Adjustments 
 The
Committee may adjust the number of Shares covered by this Option and the Exercise Price per Share under certain circumstances as provided in the Plan. Notwithstanding anything to the contrary contained in this Agreement, upon a Change in Control,
this Option (and the vesting thereof) shall be subject to the provisions of Article 10.00 of the Plan. The Committee also retains the right to amend the Plan and this Agreement without any additional consideration to you to the extent necessary to
avoid penalties arising under Code Section 409A, even if those amendments reduce, restrict or eliminate rights granted under the Plan or this Agreement (or both) before those amendments. 
  

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 NB&T FINANCIAL GROUP, INC. 
 AMENDED AND RESTATED 
 2006 EQUITY PLAN 
 NONQUALIFIED STOCK OPTION NOTICE OF EXERCISE 
  
  
 OPTIONEE 
 By completing this Notice of Exercise and returning it to the Company at the address given below, I elect to exercise the Nonqualified Stock Option described below:

 Affected Nonqualified Stock Option: This Notice of Exercise relates to the following Nonqualified Stock Option (“NSO”) (fill in the
blanks): 
 Grant Date:
                          
 Number of Shares Being Purchased:                          
 Exercise Price: The Exercise Price due is
$                         
 Note: This amount must be the product of the Exercise Price per Share for the NSO being exercised multiplied by the number of Shares with respect to which you are exercising the NSO.

 Payment of Exercise Price: I have decided to pay the Exercise Price and any related taxes by (check one): 
 Note: These methods are described in the Award Agreement. 
  

	 	        	Cash, cashier’s check or money order 

  

	 	        	Surrender of Shares owned by me for at least six months 

  

	 	        	Combination of cash and surrender of Shares 

 Note: If you elect to pay the Exercise Price and any related taxes through surrendered Shares or a combination of cash and surrendered Shares, you should contact the President or the Chief Financial Officer at the
address given below to be sure you understand how to surrender your Shares and the number of Shares that must be surrendered. 
 For additional copies
of this Notice of Exercise or for additional information, contact the President or the Chief Financial Officer of the Company at the address set forth below or call either of such officers at 937-382-1441. 
 You must complete a separate Notice of Exercise for each exercise of an NSO granted under each Award Agreement. For example, if you are purchasing Shares under an NSO
awarded on April 26, 2006, and you are purchasing Shares under an NSO awarded on April 27, 2007, you must complete and submit two separate Notices of Exercise, one for each NSO being exercised. 
  

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 ACKNOWLEDGMENT OF EFFECT OF EXERCISE 
 By signing below, I acknowledge and agree that: 
  

	 	•	 	 I fully understand the effect (including the investment effect) of exercising my NSO and buying common shares of the Company and understand that there is no
guarantee that the value of these Shares will appreciate or will not depreciate; 

  

	 	•	 	 This Notice of Exercise will have no effect if it is not returned to the Company at the address given below before the Expiration Date specified in the Award
Agreement under which this NSO was granted; and 

  

	 	•	 	 The Shares I am buying by completing and returning this Notice of Exercise will be issued to me as soon as administratively practicable.

 OPTIONEE: 
  

							
	 	 		 	Date signed:	 	 
	(Signature)	 		 		 	
				
	 	 		 		 	
	(Typed or printed name)	 		 		 	

 A signed copy of this Nonqualified Stock Option Notice of Exercise must be received at the following address no
later than the Expiration Date: 
 President or Chief Financial Officer 
 NB&T Financial Group, Inc. 
 48 N. South Street 
 Wilmington, OH 45177 
 ACKNOWLEDGMENT OF RECEIPT 
 A signed copy of this
Nonqualified Stock Option Notice of Exercise was received on:                              

Optionee: 
  

	 	        	Has effectively exercised the NSO described in this Notice of Exercise; or 

  

	 	        	Has not effectively exercised the NSO described in this Notice of Exercise because: 

  

	 	                                       
                                         
                                         
                                         
                                      	

 describe the deficiency 
 NB&T Financial Group, Inc. 
  

									
					
	By:	 	 	 		 	Date:	 	 
		 	(Signature)	 		 		 	
					
		 	 	 		 		 	
		 	(Typed or printed name)	 		 		 	

 Note: Keep a copy of this Notice of Exercise as part of the Plan’s permanent records. 
  

 91 

 NB&T FINANCIAL GROUP, INC. 
 AMENDED AND RESTATED 
 2006 EQUITY PLAN 
 BENEFICIARY DESIGNATION FORM 
 RELATING TO NONQUALIFIED STOCK OPTION GRANTED TO 
  
  
 Name of Optionee 
  
  
 Date of Award 
 Instructions for Completing This Beneficiary Designation Form 

 You may use this Beneficiary Designation Form to (1) name the person you want to receive any amount due under the NB&T Financial Group, Inc. 2006
Equity Plan after your death or (2) change the person who will receive these benefits. 
 There are several things you should know before you complete
this Beneficiary Designation Form: 
 First, if you do not elect another beneficiary, any amount due to you under the Plan when you die will be paid
to your surviving spouse or, if you have no surviving spouse, to your estate. 
 Second, your election will not be effective (and will not be
implemented) unless you complete all applicable portions of this Beneficiary Designation Form and return it to the Vice President of Human Resources of The National Bank and Trust Company at the address given below. 
 Third, all elections will remain in effect until they are changed (or until all death benefits are paid). 
 Fourth, if you designate your spouse as your beneficiary but are subsequently divorced from that person (or your marriage is annulled), your beneficiary
designation will be revoked automatically. 
 Fifth, if you have any questions about this Beneficiary Designation Form or if you need additional
copies of this form, please contact the Vice President of Human Resources of The National Bank and Trust Company at the address given below. 
 Designation of Beneficiary 
 Primary Beneficiary 
 I designate the following person(s) as my Primary Beneficiary or Beneficiaries to receive any amount due after my death under the terms of the Award Agreement described at the top of this Beneficiary Designation Form. This benefit will be
paid, in the proportion specified, to: 
  

					
	             % to
	  	 	  	 
		  	                (Name)	  	(Relationship)
			
	 Address:
	  	 	  	 
			
	             % to
	  	 	  	 
		  	                (Name)	  	(Relationship)
			
	 Address:
	  	 	  	 

  

 92 

					
	             % to
	  	 	  	 
		  	(Name)	  	(Relationship)
			
	 Address:
	  	 	  	 
			
	             % to
	  	 	  	 
		  	(Name)	  	(Relationship)
			
	 Address:
	  	 	  	 

 Contingent Beneficiary 
 If any one or more of my Primary Beneficiaries dies before I die, I direct that any amount due after my death under the terms of the Award described at the top of this Beneficiary Designation Form: 
  

					
	 	  	Be paid to my other named Primary Beneficiaries in proportion to the allocation given above
	 (ignoring the interest allocated to the deceased Primary Beneficiary); or

		
	 	  	Be distributed among the following Contingent Beneficiaries:
			
	             % to
	  	 	  	 
		  	                (Name)	  	(Relationship)
			
	 Address:
	  	 	  	 
			
	             % to
	  	 	  	 
		  	(Name)	  	(Relationship)
			
	 Address:
	  	 	  	 
			
	             % to
	  	 	  	 
		  	(Name)	  	(Relationship)
			
	 Address:
	  	 	  	 
			
	             % to
	  	 	  	 
		  	(Name)	  	(Relationship)
			
	 Address:
	  	 	  	 

  

 93 

 Elections made on this Beneficiary Designation Form will be effective only after this Form is received by the Vice
President of Human Resources of The National Bank and Trust Company and only if it is fully and properly completed and signed. 
  

	
	
	  
	(Name of Optionee)

 Date of
Birth:                                        
                  
  

			
	 Address: 
	  	 
		
		  	 

  

					
	 	 		  	 
	Date	 		  	Signature

 Return this signed Beneficiary Designation Form to the Vice President of Human Resources at the following
address: 
 Vice President of Human Resources 
 The National Bank and Trust Company 
 48 N. South Street 
 Wilmington, Ohio 45177 
 Received
on:                                        
                      
 By:                                       
                                       
  

 94Incremental Amendment

 Exhibit 10.1 
 INCREMENTAL AMENDMENT 
 INCREMENTAL AMENDMENT, dated as of March 17, 2009 (this “Incremental
Amendment”), by and among Freescale Semiconductor, Inc. (the “Borrower”), Freescale Semiconductor Holdings V, Inc. (formerly known as Freescale Acquisition Holdings Corp.) (“Holdings”), Freescale
Semiconductor Holdings I, Ltd. (formerly known as Freescale Holdings (Bermuda) I, Ltd.) (“Bermuda I”), Freescale Semiconductor Holdings II, Ltd. (formerly known as Freescale Holdings (Bermuda) II, Ltd.) (“Bermuda
II”), Freescale Semiconductor Holdings IV, Ltd. (formerly known as Freescale Holdings (Bermuda) IV, Ltd.), (“Bermuda IV”), Freescale Semiconductor Holdings III, Ltd. (formerly known as Freescale Holdings (Bermuda) III,
Ltd.) (“Parent”), each of the Subsidiary Guarantors party hereto, the New Term Lenders (as defined below) and Citibank, N.A., as Administrative Agent, as Collateral Agent for the Secured Parties (as defined below) (in such capacity,
the “Collateral Agent”) and as Incremental Collateral Agent for the New Term Lenders (as defined below) (in such capacity, the “Incremental Collateral Agent”). 
 W I T N E S S E T H: 
 WHEREAS,
reference is hereby made to the Credit Agreement, dated as of December 1, 2006, as amended by Amendment No. 1, dated as of February 14, 2007 (as heretofore amended, supplemented or otherwise modified, the “Credit
Agreement”), by and among Parent, Bermuda IV, Holdings, the Borrower, the lenders party thereto from time to time, the Administrative Agent and Citibank, N.A. as Swing Line Lender and L/C Issuer. 
 WHEREAS, pursuant to Section 2.14 of the Credit Agreement, (a) the Borrower may request Incremental Term Loans by giving written notice of such
request to the Administrative Agent, (b) the Borrower has given such a written notice to the Administrative Agent for Incremental Term Loans in an aggregate amount of up to $1,000,000,000 having the same terms and conditions of the Term Loans
under the Credit Agreement except as specifically provided herein and (c) the entities party hereto as lenders with commitments in respect of the Incremental Term Loans (for purposes hereof, the “New Term Lenders”) are
willing to become party hereto and to extend such Incremental Term Loans; 
 WHEREAS, the New Term Loans (as defined below) will be used, in
part, to repurchase and refinance certain of the Senior Notes and Senior Subordinated Notes; 
 WHEREAS, as requested by the Borrower in its
notice of Borrowing with respect to the New Term Loans pursuant to Section 2.14 of the Credit Agreement (the “Committed Loan Notice”), the New Term Loans shall be made by the New Term Lenders by either (a) making the
amount of their respective New Term Loans available in immediately available funds or (b) delivering Senior Notes and Senior Subordinated Notes, in each case in the manner and in the respective principal amounts as agreed by them in their
respective Commitment Letters (as defined below); 

 WHEREAS, the terms of the New Term Loans, to the extent different from those provided for Term Loans in
the Loan Documents, are reasonably acceptable to the Administrative Agent, and each New Term Lender which is not a Lender, an Affiliate of a Lender or an Approved Fund has been approved and consented to by the Administrative Agent, in each case as
evidenced by the Administrative Agent being party hereto; and 
 NOW, THEREFORE, the parties hereto agree as follows (with all of the
agreements and covenants herein being for the express benefit of all the parties hereto and to the Credit Agreement and with all of the agreements and covenants of the New Term Lenders being binding upon their respective successors and assigns (and
their assigns) of the New Term Loans): 
 SECTION 1. Defined Terms. Capitalized terms used but not defined herein shall have the
respective meanings provided for such terms in the Credit Agreement. As used in this Incremental Amendment, terms otherwise defined herein shall have the respective meanings specified for them and the following terms shall have the meanings
specified below: 
 “2006 Security Agreement” shall mean that certain Security Agreement, dated as of December 1, 2006,
among Holdings, the Borrower, Bermuda IV and the Collateral Agent, as supplemented by Supplement No. 1, dated as of June 5, 2008, to the Security Agreement, and as further amended, supplemented or otherwise modified. 
 “Arrangers” shall have the meaning given such term in the Confidential Information Memorandum. 
 “Commitment Letter” shall mean, with respect to each New Term Lender, its duly executed commitment letter, in substantially the form of
Annex B and/or Annex C to the Confidential Information Memorandum. 
 “Confidential Information Memorandum” shall mean that
certain Confidential Information Memorandum of the Borrower dated February 10, 2009, as amended or supplemented from time to time. 
 “Eligible Holder” shall mean any Person that is (i) a commercial bank, an insurance company, a finance company, a financial institution or any fund that invests in loans in the ordinary course of business and has total
assets in excess of $5,000,000 and (ii) a “qualified institutional buyer” as defined in Exhibit A hereto. 
  

 2 

 “Note Invitations” shall have the meaning given such term in the Confidential
Information Memorandum. 
 “Secured Parties” shall have the meaning given such term in the 2006 Security Agreement.

 “Senior Toggle Notes” shall mean the Borrower’s 9.125%/9.875% Senior PIK-Election Notes due 2014. 
 SECTION 2. Amendment to Section 1.01 (Defined Terms) of the Credit Agreement. 
 (a) The defined term “Default Rate” shall be deleted in its entirety and shall be replaced with the following: 
 “ “Default Rate” means, (a) as to any New Term Loan, an interest rate per annum equal to 14.5%; and (b) as to any
Loan other than a New Term Loan, an interest rate equal to (i) the Base Rate plus (ii) the Applicable Rate applicable to Base Rate Loans plus (iii) 2.0% per annum; provided that with respect to a Eurocurrency Rate Loan,
the Default Rate shall be an interest rate equal to the interest rate (including any Applicable Rate and any Mandatory Cost) otherwise applicable to such Loan plus 2.0% per annum, in each case, to the fullest extent permitted by applicable
Laws.” 
 (b) The defined term “Interest Payment Date” shall be deleted in its entirety and shall be replaced with the
following: 
 “ “Interest Payment Date” means, (a) as to any Loan other than a Base Rate Loan or a New Term
Loan, the last day of each Interest Period applicable to such Loan and the Maturity Date of the Facility under which such Loan was made; provided that if any Interest Period for a Eurocurrency Rate Loan exceeds three months, the respective
dates that fall every three months after the beginning of such Interest Period shall also be Interest Payment Dates; (b) as to any Base Rate Loan (including a Swing Line Loan), the last Business Day of each March, June, September and December
and the Maturity Date of the Facility under which such Loan was made; and (c) as to any New Term Loan, (i) the first Business Day of June, 2009 and, thereafter, the first Business Day of each March, June, September and December and
(ii) the Maturity Date applicable to the New Term Loans.” 
 (c) The defined term “Maturity Date” shall be deleted in its
entirety and shall be replaced with the following: 
  

 3 

 “ “Maturity Date” means (a) with respect to the Revolving Credit
Facilities, the sixth anniversary of the Closing Date, (b) with respect to the Term Loans made on the Closing Date, the seventh anniversary of the Closing Date and (c) with respect to the New Term Loans, December 15, 2014; provided
that if any such day is not a Business Day, the Maturity Date shall be the Business Day immediately preceding such day.” 
 (d) The
defined term “New Term Loans” shall be inserted in appropriate alphabetical order: 
 “New Term Loans” shall have
the meaning assigned to such term in the Incremental Amendment dated as of March 17, 2009 by and among the Borrower, Holdings, Parent, each of the Other Parent Guarantors, each of the Subsidiary Guarantors party thereto, the New Term Lenders
and Citibank, N.A., as Administrative Agent, as Collateral Agent and as Incremental Collateral Agent.” 
 SECTION 3. Terms of the New
Term Loans. 
 (a) Making of New Term Loans. (i) Subject to the terms and conditions hereof, and except as provided in clause
(ii) below, each New Term Lender severally agrees to make to the Borrower a single term loan (a “New Term Loan”) denominated in Dollars, in a principal amount equal to such New Term Lender’s commitment set forth in its
Commitment Letter, on March 17, 2009 (the “New Term Loan Closing Date”). 
 (ii) If the Note
Invitations with respect to the Senior Toggle Notes have been extended as provided in the Confidential Information Memorandum (such extension, the “Senior Toggle Extension”), then each New Term Lender with a commitment to deliver
Senior Toggle Notes (the “Senior Toggle Lenders”), subject to the terms and conditions hereof, severally agrees to make to the Borrower a New Term Loan denominated in Dollars, in a principal amount equal to such New Term
Lender’s commitment with respect to the Senior Toggle Notes set forth in its Commitment Letter, on the date specified to effect such loans in accordance with the provisions of the Confidential Information Memorandum (the “Senior Toggle
Funding Date”). 
 (iii) Except as provided in clause (iv) below, each New Term Lender shall make its New Term
Loan by (x) either (A) making an amount equal to the amount of its allocated commitment that is specified in its Commitment Letter and accepted by the Borrower and the Arrangers available to the Administrative Agent in Dollars, in
immediately available funds, at the Administrative Agent’s Office not later than 11:00 a.m., New York City time, on the New Term Loan Closing Date (it being understood and agreed that each of the New Term Loans funded in cash will be funded
with 25% original issue discount) or (B) delivering those certain Senior Notes and Senior Subordinated Notes in the manner set forth in the Confidential Information Memorandum and in the respective principal amounts as agreed by such New Term
Lender in its Commitment Letter and 

  

 4 

 
(y) such New Term Lender otherwise satisfying the requirements applicable to it as provided in the Confidential Information Memorandum and in connection
with its Commitment Letter on or before the New Term Loan Closing Date. On the New Term Loan Closing Date, each New Term Lender that has satisfied the actions described in the preceding sentence shall be deemed to have made, and shall have made, a
New Term Loan in an aggregate principal amount equal to the commitment of such New Term Lender as set forth in such New Term Lender’s Commitment Letter. 
 (iv) If the Senior Toggle Extension has occurred, then each Senior Toggle Lender shall make its New Term Loan by (x) delivering
those certain Senior Toggle Notes in the manner set forth in the Confidential Information Memorandum and in the respective principal amounts as agreed by such Senior Toggle Lender in its Commitment Letter and (y) such Senior Toggle Lender
otherwise satisfying the requirements applicable to it as provided in the Confidential Information Memorandum and in connection with its Commitment Letter on or before the Senior Toggle Funding Date. On the Senior Toggle Funding Date, each Senior
Toggle Lender that has satisfied the actions described in the preceding sentence shall be deemed to have made, and shall have made, a New Term Loan in an aggregate principal amount equal to the commitment of such Senior Toggle Lender with respect to
the Senior Toggle Notes as set forth in such Senior Toggle Lender’s Commitment Letter. 
 (v) Except as provided in the
Confidential Information Memorandum, in consideration of the fees payable by the Borrower to the Arrangers pursuant to the arrangements described in the Confidential Information Memorandum, each Arranger shall be deemed to have made, and shall have
made, a New Term Loan to the Borrower on the New Term Loan Closing Date in an aggregate principal amount separately agreed to in writing by the Borrower and the Arrangers. 
 (vi) Upon the effectiveness of this Incremental Amendment, the Administrative Agent shall immediately make the portion of the New Term
Loans received from the New Term Lenders in immediately available funds available to the Borrower by wire transfer of such funds in accordance with instructions provided to the Administrative Agent by the Borrower. 
 (vii) Notwithstanding anything to the contrary in the Loan Documents, the Borrower shall deliver a Committed Loan Notice (which may be
revoked by the Borrower in its sole discretion at any time) to the Administrative Agent with respect to each Borrowing of the New Term Loans on or prior to the New Term Loan Closing Date and, if applicable, the Senior Toggle Funding Date.

 (b) Credit Agreement Governs. Except as set forth in this Incremental Amendment, the New Term Loans shall have the same terms as
the Term Loans and the New Term Loans shall be subject to the provisions of the Credit Agreement and the other Loan 

  

 5 

 
Documents as modified hereby. The definition of “Term Loans” in the Credit Agreement shall be deemed to include the New Term Loans unless the
context shall otherwise require. The definition of “Agents” shall be deemed to include the Incremental Collateral Agent unless the context shall otherwise require. 
 (c) Interest Rate. Each New Term Loan shall bear interest on the outstanding principal amount thereof at a rate per annum equal to 12.5%.

 (d) Amortization. The Borrower shall repay to the Administrative Agent for the ratable account of the New Term Lenders (i) on
the first Business Day of each March, June, September and December, commencing with the first Business Day of June, 2009, an aggregate Dollar Amount equal to 0.25% of the aggregate Dollar Amount of all New Term Loans outstanding on the later of the
New Term Loan Closing Date and, if applicable, the Senior Toggle Funding Date (which payments shall be reduced as a result of the application of prepayments of the New Term Loans in accordance with the order of priority set forth in
Section 2.05 of the Credit Agreement) and (ii) on the Maturity Date, the aggregate principal amount of all New Term Loans outstanding on such date; provided that if any New Term Loan would otherwise constitute an “applicable
high yield discount obligation” within the meaning of Section 163(i)(1) of the Code and a deduction for interest on such New Term Loan would be deferred or disallowed under Section 163(e)(5) of the Code, at the end of the first
accrual period ending after the fifth anniversary of the New Term Closing Date or, if applicable, the Senior Toggle Funding Date (the “AHYDO Repurchase Date”), the Borrower shall be required to pay or purchase for cash a portion of
such New Term Loan then outstanding equal to the Mandatory Principal Repurchase Amount (the “Mandatory Principal Repurchase”). The payment amount or purchase price for the portion of each New Term Loan that is paid or repurchased
pursuant to a Mandatory Principal Repurchase will be 100% of the principal amount of such portion plus any accrued interest thereon on the payment or repurchase date. The “Mandatory Principal Repurchase Amount” shall mean the
portion of each New Term Loan required to be paid or repurchased to prevent such New Term Loan from being treated as an “applicable high yield discount obligation” within the meaning of Section 163(i)(1) of the Code. No partial
prepayment of a New Term Loan prior to the AHYDO Repurchase Date will alter the Borrower’s obligation to make the Mandatory Principal Repurchase. 
 (e) Assignees. For purposes of the New Term Loans only, the following provisions (including any defined terms) shall replace Section 10.07(b)(i) of the Credit Agreement in its entirety: 
 (i) Subject to the conditions set forth in 10.07(b)(ii), any Lender of a New Term Loan may assign to one or more Eligible Holders
(“Assignees”) all or a portion of its rights and obligations under this Agreement (including all or a portion of the New Term Loans at the time owing to it) with the prior written consent (such consent not to be unreasonably
withheld or delayed, it being understood that the Borrower shall have the right to withhold its consent if the Borrower would be required to obtain the consent of, or make a filing or registration with, a Governmental Agency) of: 
  

 6 

 (A) the Borrower, provided that no consent of the Borrower shall be required for an
assignment to an Eligible Holder that is a Lender, an Affiliate of a Lender, an Approved Fund or, if an Event of Default under Section 8.01(a), (f) or (g) has occurred and is continuing, any Eligible Holder; and 
 (B) the Administrative Agent; provided that no consent of the Administrative Agent shall be required for an assignment of all or any
portion of a New Term Loan to an Eligible Holder that is a Lender, an Affiliate of a Lender or an Approved Fund. 
 SECTION 4.
Representations and Agreements. (a) To induce the New Term Lenders and the Administrative Agent to enter into this Incremental Amendment and the New Term Lenders to make the New Term Loans, the Borrower hereby represents and warrants to
them that: 
 (i) The representations and warranties of the Borrower and each other Loan Party contained in Article 5 of the
Credit Agreement or any other Loan Document shall be true and correct in all material respects on and as of the New Term Loan Closing Date and, if applicable, the Senior Toggle Funding Date; provided that, to the extent that such
representations and warranties specifically refer to an earlier date, they shall be true and correct in all material respects as of such earlier date; provided, further that, any representation and warranty that is qualified as to
“materiality”, “Material Adverse Effect” or similar language shall be true and correct (after giving effect to any qualification therein) in all respects on such respective dates. 
 (ii) No Default shall exist, or would result from such proposed Credit Extension or from the application of the proceeds therefrom.

 (b) Each New Term Lender hereby represents, warrants and agrees to and with the Borrower and the Administrative Agent that: 
 (i) Such New Term Lender has delivered or will deliver on the New Term Loan Closing Date or, if applicable, the Senior Toggle Funding
Date, the tax forms and certificates required to be delivered by a Lender (including, if applicable to such New Term Lender, a Foreign Lender) under Section 10.15 of the Credit Agreement, on or before the date such Lender becomes a New Term
Lender under the Credit Agreement. 
 (ii) Such New Term Lender has delivered or will promptly deliver to the Administrative
Agent a completed Administrative Questionnaire. 
  

 7 

 (iii) Such New Term Lender is either (A) (1) a beneficial holder of Senior
Notes or Subordinated Notes and (2) an Eligible Holder or (B) if funding in immediately available funds, an existing Lender. 
 SECTION 5. Conditions to Effectiveness of Incremental Amendment. This Incremental Amendment and the obligations of each New Term Lender to make a New Term Loan hereunder shall become effective on the New Term Loan Closing Date
subject to the satisfaction of each of the following conditions or the waiver thereof by the Administrative Agent: 
 (a) The Administrative
Agent shall have received counterparts of this Incremental Amendment, duly executed and delivered by Bermuda I, Bermuda II, Bermuda IV, Parent, Holdings, the Borrower, the Subsidiary Guarantors, the Collateral Agent, the Incremental Collateral Agent
and the New Term Lenders. 
 (b) The Administrative Agent shall have received the Committed Loan Notice duly executed and delivered by the
Borrower on or prior to the New Term Loan Closing Date and, if applicable, the Senior Toggle Funding Date. 
 (c) The Administrative Agent
shall have received, on behalf of itself and the New Term Lenders, a favorable written opinion of Skadden, Arps, Slate, Meagher & Flom LLP, counsel to the Loan Parties, in form and substance reasonably satisfactory to the Administrative
Agent. 
 (d) The Administrative Agent shall have received, on behalf of itself and the New Term Lenders, a favorable written opinion of
Conyers, Dill & Pearman, counsel to the Loan Parties incorporated under the laws of Bermuda, in form and substance reasonably satisfactory to the Administrative Agent. 
 (e) The Administrative Agent shall have received such customary evidence of authority and officers certificates as the Administrative Agent may
reasonably request relating to (i) the organization, existence and good standing of each Loan Party in its jurisdiction of organization and (ii) the incumbency of the officers of each Loan Party executing the Loan Documents to which it is
a party. 
 (f) The Administrative Agent shall have received from each Loan Party a certificate signed by a Responsible Officer and the
secretary or assistant secretary of such Loan Party, together with, and certifying as to the accuracy and completeness of copies of (i) the certificate or articles of incorporation, certificate of limited partnership or certificate of
formation, as applicable, of such Loan Party and (ii) the by-laws, partnership agreement, limited liability company agreement or other equivalent governing documents, as applicable, of such Loan Party. 
  

 8 

 (g) The Administrative Agent shall have received all fees payable thereto on or prior to the New Term
Loan Closing Date and, to the extent invoiced, all other amounts due and payable pursuant to the Loan Documents on or prior to the New Term Loan Closing Date, including, to the extent invoiced, reimbursement or payment of all reasonable
out-of-pocket expenses required to be reimbursed or paid by the Loan Parties under any Loan Document. 
 (h) The conditions set forth in
Section 4.02 of the Credit Agreement as applicable to the making of the New Term Loans shall have been satisfied, and the Administrative Agent shall have received a certificate of the Borrower to such effect dated the New Term Loan Closing Date
and, if applicable, the Senior Toggle Funding Date. 
 SECTION 6. Reaffirmation of Security; Confirmation of Liens; Precautionary Security
Interest. (a) Each of the Loan Parties hereby confirms its respective pledges and grants of security interests, as applicable, under each of the Loan Documents to which it is a party, and agrees that, notwithstanding the effectiveness of
this Incremental Amendment and the making of the New Term Loans, such pledges and grants of security interests shall continue to be in full force and effect and shall continue to accrue to the benefit of the Lenders (including the New Term Lenders)
and the Secured Parties (including the New Term Lenders). The parties hereto confirm and agree that the Obligations owed to the New Term Lenders are secured by each of the Liens previously granted to the Collateral Agent by the respective grantors
pursuant to each of the Collateral Documents (including the 2006 Security Agreement) and that the Collateral Agent represents the Secured Parties (including the New Term Lenders). However, for the avoidance of doubt, and merely as a precaution, the
2006 Security Agreement is hereby amended by adding a new Section 6.17 at the end thereof: 
 “SECTION 6.17 New
Term Lenders. In addition to, and not in lieu of, any other Liens for the benefit of the New Term Lenders (as defined in the Incremental Amendment), as security for the payment or performance, as the case may be, in full of the Obligations,
including the Guarantees, security interests are hereby granted by the following Grantors to the Incremental Collateral Agent (as defined in the Incremental Amendment) in all right, title or interest in or to any and all of the following Collateral,
in each case whether now owned or at any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest: (i) by each of the Grantors in the Pledged Collateral and
(ii) by each of the Grantors other than Bermuda IV in the Article 9 Collateral. ‘Incremental Amendment’ shall mean that Incremental Amendment dated as of March 17, 2009 by and among the Grantors, the New Term Lenders, the
Administrative Agent, the Collateral Agent and the Incremental Collateral Agent.” 
 (b) The parties hereto agree and confirm that
(i) Citibank, N.A. is hereby appointed by the New Term Lenders and designated to act as the collateral agent for the benefit of the New Term Lenders (in such capacity, the “Incremental Collateral Agent”) for purposes of
acquiring, holding and enforcing any and all Liens on personal property collateral granted under any Loan Documents by any of the Loan Parties to secure any of the Obligations, together with such powers and discretion as are reasonably incidental
thereto and (ii) the 

  

 9 

 
Incremental Collateral Agent shall have all of the same rights, remedies and obligations as the rights, remedies and obligations of the Collateral Agent
under the Credit Agreement and the other Loan Documents, including all the benefits of Article IX of the Credit Agreement. For the avoidance of doubt, it is the intention of the parties hereto that the rights and duties of the Incremental Collateral
Agent will fully overlap with the rights and duties of the Collateral Agent with respect to the New Term Lenders, and as a result, it is the intention of the parties hereto that the Collateral Agent will exercise any and all rights under the
Collateral Documents or applicable law on behalf of the Incremental Collateral Agent and all Secured Parties in accordance with the terms thereof. 
 SECTION 7. Effects on Loan Documents. (a) Except as specifically amended or modified herein, all Loan Documents shall continue to be in full force and effect and are hereby in all respects ratified and confirmed. 
 (b) Except as specifically provided for herein, the execution, delivery and effectiveness of this Incremental Amendment shall not operate as a waiver of
any right, power or remedy of any Lender or the Administrative Agent under any of the Loan Documents, nor constitute a waiver of any provision of the Loan Documents or in any way limit, impair or otherwise affect the rights and remedies of the
Administrative Agent or the Lenders under the Loan Documents. 
 (c) The Borrower and the other parties hereto hereby acknowledge and agree
that this Incremental Amendment shall constitute a “Loan Document” as such term is used in the Credit Agreement, and each reference in the Credit Agreement to the “Loan Documents” shall be deemed to include this Incremental
Amendment. On and after the New Term Loan Closing Date, (i) each reference in the Credit Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of like import referring to the Credit
Agreement, and each reference in the other Loan Documents to the “Credit Agreement”, “thereunder”, “thereof”, “therein” or words of like import referring to the Credit Agreement shall mean and be a reference
to the Credit Agreement as amended by this Incremental Amendment, and (ii) each reference in the 2006 Security Agreement to “this Agreement”, “hereunder”, “hereof”, “herein” or words of like import
referring to the 2006 Security Agreement, and each reference in the other Loan Documents to the “Security Agreement”, “thereunder”, “thereof”, “therein” or words of like import referring to the 2006 Security
Agreement shall mean and be a reference to the 2006 Security Agreement as amended by this Incremental Amendment. 
 SECTION 8.
Expenses. The Borrower hereby agrees to pay or reimburse the Administrative Agent, the Collateral Agent and the Incremental Collateral Agent for all its reasonable documented out-of-pocket costs and expenses incurred in connection with this
Incremental Amendment, and any other documents prepared in connection herewith and the transactions contemplated hereby, in each case to the extent required by Section 10.04 of the Credit Agreement. 
  

 10 

 SECTION 9. Non-Reliance on Administrative Agent. Each New Term Lender represents to the
Administrative Agent, the Collateral Agent and the Incremental Collateral Agent that it has, independently and without reliance upon the Administrative Agent, the Collateral Agent, the Incremental Collateral Agent or any Lender, and based on such
documents and information as it has deemed appropriate, made its own appraisal of and investigation into the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and their affiliates and made its own
decision to make its New Term Loans hereunder and enter into this Incremental Amendment. Each New Term Lender also represents that it will, independently and without reliance upon the Administrative Agent, the Collateral Agent, the Incremental
Collateral Agent or any Lender, and based on such documents and information as it shall deem appropriate at the time, continue to make its own credit analysis, appraisals and decisions in taking or not taking action under this Incremental Amendment
and the other Loan Documents, and to make such investigation as it deems necessary to inform itself as to the business, operations, property, financial and other condition and creditworthiness of the Loan Parties and their affiliates. 
 SECTION 10. Administrative Agent Consent. The Administrative Agent hereby agrees, for purposes of Section 2.14 of the Credit Agreement, and
without prejudice to or affecting Section 9 hereof, that (i) any of the terms of the New Term Loans provided in this Incremental Amendment, to the extent such terms differ from those provided for Term Loans in the Loan Documents, are
reasonably acceptable to the Administrative Agent and (ii) each New Term Lender which is not a Lender, an Affiliate of a Lender or an Approved Fund has been approved and consented to by the Administrative Agent. 
 SECTION 11. Joinder. From and after the New Term Loan Closing Date, each New Term Lender executing and delivering a signature page to this
Incremental Amendment shall become a party to the Credit Agreement and, except as specifically set forth herein, shall have the rights and obligations of a Lender thereunder and under the other Loan Documents and shall be bound by the provisions
thereof. 
 SECTION 12. Reaffirmation of Guaranty. Each of the Guarantors, hereby confirms, reaffirms and ratifies the Guaranty and
acknowledges and agrees that the Guaranty is, and shall remain, the valid and enforceable obligation of such Guarantor and in full force and effect and shall apply, without limitation, to the obligations of such Guarantor under this Incremental
Amendment. Each Guarantor hereby waives any defenses or counterclaims it may have to its obligations under the Guaranty as a result of the transactions contemplated by this Incremental Amendment. 
 SECTION 13. GOVERNING LAW; WAIVER OF JURY TRIAL. 
 (a) THIS INCREMENTAL AMENDMENT SHALL BE GOVERNED BY, AND CONSTRUED IN ACCORDANCE WITH, THE LAW OF THE STATE OF NEW YORK (EXCEPT AS OTHERWISE EXPRESSLY PROVIDED HEREIN). 
 (b) EACH PARTY TO THIS INCREMENTAL AMENDMENT HEREBY EXPRESSLY WAIVES ANY RIGHT TO TRIAL BY JURY OF ANY CLAIM, DEMAND, ACTION OR CAUSE OF ACTION ARISING
UNDER ANY LOAN DOCUMENT OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES HERETO OR ANY 

  

 11 

 
OF THEM WITH RESPECT TO ANY LOAN DOCUMENT, OR THE TRANSACTIONS RELATED THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, AND WHETHER FOUNDED
IN CONTRACT OR TORT OR OTHERWISE; AND EACH PARTY HEREBY AGREES AND CONSENTS THAT ANY SUCH CLAIM, DEMAND, ACTION OR CAUSE OF ACTION SHALL BE DECIDED BY COURT TRIAL WITHOUT A JURY, AND THAT ANY PARTY TO THIS AGREEMENT MAY FILE AN ORIGINAL COUNTERPART
OR A COPY OF THIS SECTION 13 WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF THE SIGNATORIES HERETO TO THE WAIVER OF THEIR RIGHT TO TRIAL BY JURY. 
 SECTION 14. JURISDICTION; CONSENT TO SERVICE OF PROCESS. ANY LEGAL ACTION OR PROCEEDING ARISING UNDER ANY LOAN DOCUMENT OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE DEALINGS OF THE PARTIES
HERETO OR ANY OF THEM WITH RESPECT TO THIS INCREMENTAL AMENDMENT OR ANY OTHER LOAN DOCUMENT, OR THE TRANSACTIONS RELATED THERETO, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING, MAY BE BROUGHT IN THE COURTS OF THE STATE OF NEW YORK SITTING
IN NEW YORK CITY OR OF THE UNITED STATES FOR THE SOUTHERN DISTRICT OF SUCH STATE, AND BY EXECUTION AND DELIVERY OF THIS AGREEMENT, EACH PARTY HERETO CONSENTS, FOR ITSELF AND IN RESPECT OF ITS PROPERTY, TO THE NON-EXCLUSIVE JURISDICTION OF THOSE
COURTS. EACH PARTY HERETO IRREVOCABLY WAIVES ANY OBJECTION, INCLUDING ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS, WHICH IT MAY NOW OR HEREAFTER HAVE TO THE BRINGING OF ANY ACTION OR PROCEEDING IN SUCH
JURISDICTION IN RESPECT OF THIS INCREMENTAL AMENDMENT, ANY OTHER LOAN DOCUMENT OR OTHER DOCUMENT RELATED THERETO. 
 SECTION 15.
Amendments; Execution in Counterparts. (a) This Incremental Amendment may not be amended nor may any provision hereof be waived on or prior to the New Term Loan Closing Date except pursuant to a writing signed by Parent, Bermuda I,
Bermuda II, Bermuda IV, Holdings, the Borrower, the Subsidiary Guarantors, the Administrative Agent, the Collateral Agent, the Incremental Collateral Agent and the New Term Lenders and thereafter except as provided for in Section 10.01 of the
Credit Agreement. 
 (b) This Incremental Amendment may be executed in any number of counterparts and by the different parties hereto on
separate counterparts, including by means of facsimile or electronic transmission, each of which when so executed and delivered shall be an original, but all of which shall together constitute one and the same instrument. Delivery of an executed
signature page to the Commitment Letter by each New Term Lender shall be effective as delivery of an executed counterpart hereof by each such New Term Lender. 
 [Remainder of page intentionally left blank.] 
  

 12 

 IN WITNESS WHEREOF, the parties hereto have caused this Incremental Amendment to be duly executed and
delivered by their respective proper and duly authorized officers as of the day and year first above written. 
  

					
	FREESCALE SEMICONDUCTOR, INC.
		
	By:	 	/s/ Alan Campbell
		 	Name:	 	Alan Campbell
		 	Title:	 	 Senior Vice President and Chief
 Financial
Officer

  
  
  
  
  
  
  
  
 [Signature Page to Incremental Amendment] 

					
	 FREESCALE SEMICONDUCTOR
 HOLDINGS I, LTD.

		
	By:	 	/s/ Alan Campbell
		 	Name:	 	Alan Campbell
		 	Title:	 	Chief Financial Officer and Vice President

  
  
  
  
  
  
 [Signature Page to Incremental Amendment] 

					
	 FREESCALE SEMICONDUCTOR
 HOLDINGS II, LTD.

		
	By:	 	/s/ Alan Campbell
		 	Name:	 	Alan Campbell
		 	Title:	 	Chief Financial Officer and Vice President

  
  
  
  
  
  
 [Signature Page to Incremental Amendment] 

					
	 FREESCALE SEMICONDUCTOR
 HOLDINGS III, LTD.

		
	By:	 	/s/ Alan Campbell
		 	Name:	 	Alan Campbell
		 	Title:	 	Chief Financial Officer and Vice President

  
  
  
  
  
  
 [Signature Page to Incremental Amendment] 

					
	 FREESCALE SEMICONDUCTOR
 HOLDINGS IV, LTD.

		
	By:	 	/s/ Alan Campbell
		 	Name:	 	Alan Campbell
		 	Title:	 	Chief Financial Officer and Vice President

  
  
  
  
  
  
 [Signature Page to Incremental Amendment] 

					
	 FREESCALE SEMICONDUCTOR
 HOLDINGS V, INC.

		
	By:	 	/s/ Alan Campbell
		 	Name:	 	Alan Campbell
		 	Title:	 	Chief Financial Officer

  
  
  
  
  
  
 [Signature Page to Incremental Amendment] 

					
	SIGMATEL, LLC
	
	 By: Freescale Semiconductor, Inc., its sole
 member

		
	By:	 	/s/ Alan Campbell
		 	Name:	 	Alan Campbell
		 	Title:	 	 Senior Vice President and Chief
 Financial
Officer

  
  
  
  
  
  
 [Signature Page to Incremental Amendment] 

					
	 CITIBANK, N.A., as Administrative Agent, Collateral Agent, Incremental Collateral
 Agent and New Term Lender

		
	By:	 	/s/ Timothy P. Dilworth
		 	Name:	 	Timothy P. Dilworth
		 	Title:	 	Vice President

  
  
  
  
  
 [Signature Page to Incremental Amendment] 

 EXHIBIT A 
 “qualified institutional buyer” means: 
 (1) (i) Any of the following entities, acting for its own account or
the accounts of other qualified institutional buyers, that in the aggregate owns and invests on a discretionary basis at least $100 million in securities of issuers that are not affiliated with the entity: 
 (A) Any insurance company as defined in Section 2(a)(13) of the Securities Act of 1933, as amended (the “Securities Act”);

 (B) Any investment company registered under the Investment Company Act of 1940, as amended (the “Investment Company
Act”) or any business development company as defined in Section 2(a)(48) of the Investment Company Act; 
 (C) Any
small business investment company licensed by the U.S. Small Business Administration under Section 301(c) or (d) of the Small Business Investment Act of 1958; 
 (D) Any plan established and maintained by a state, its political subdivisions, or any agency or instrumentality of a state or its
political subdivisions, for the benefit of its employees; 
 (E) Any employee benefit plan within the meaning of Title I of
the Employee Retirement Income Security Act of 1974; 
 (F) Any trust fund whose trustee is a bank or trust company and whose
participants are exclusively plans of the types identified in subparagraph (i)(D) or (E) above, except trust funds that include as participants individual retirement accounts or H.R. 10 plans; 
 (G) Any business development company as defined in Section 202(a)(22) of the Investment Advisers Act of 1940, as amended (the
“Investment Advisers Act”); 
 (H) Any organization described in Section 501(c)(3) of the Internal Revenue
Code, corporation (other than a bank as defined in Section 3(a)(2) of the Act or a savings and loan association or other institution referenced in Section 3(a)(5)(A) of the Act or a foreign bank or savings and loan association or equivalent
institution), partnership, or Massachusetts or similar business trust; and 
  

 Ex. A-1 

 (I) Any investment adviser registered under the Investment Advisers Act; 
 (ii) Any dealer registered pursuant to Section 15 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) acting for its
own account or the accounts of other qualified institutional buyers, that in the aggregate owns and invests on a discretionary basis at least $10 million of securities of issuers that are not affiliated with the dealer, provided that securities
constituting the whole or a part of an unsold allotment to or subscription by a dealer as a participant in a public offering shall not be deemed to be owned by such dealer; 
 (iii) Any dealer registered pursuant to Section 15 of the Exchange Act acting in a riskless principal transaction on behalf of a qualified
institutional buyer; 
 (iv) Any investment company registered under the Investment Company Act, acting for its own account or for the
accounts of other qualified institutional buyers, that is part of a family of investment companies which own in aggregate at least $100 million in securities of issuers, other than issuers that are affiliated with the investment company or are part
of such family of investment companies. “Family of investment companies” means any two or more investment companies registered under the Investment Company Act, except for a unit investment trust whose assets consist solely of shares of
one or more registered investment companies, that have the same investment adviser (or, in the case of unit investment trusts, the same depositor), provided that: 
 (A) Each series of a series company (as defined in Rule 18f-2 under the Investment Company Act) shall be deemed to be a separate
investment company; and 
 (B) Investment companies shall be deemed to have the same adviser (or depositor) if their advisers
(or depositors) are majority-owned subsidiaries of the same parent, or if one investment company’s adviser (or depositor) is a majority-owned subsidiary of the other investment company’s adviser (or depositor); 
 (v) Any entity, all of the equity owners of which are qualified institutional buyers, acting for its own account or the accounts of other qualified
institutional buyers; and 
 (vi) Any bank as defined in Section 3(a)(2) of the Securities Act, any savings and loan association or
other institution as referenced in Section 3(a)(5)(A) of the Securities Act, or any foreign bank or savings and loan association or equivalent institution, acting for its own account or the accounts of other qualified institutional buyers, that
in the aggregate owns and invests on a 

  

 Ex. A-2 

 
discretionary basis at least $100 million in securities of issuers that are not affiliated with it and that has an audited net worth at least $25 million as
demonstrated in its latest annual financial statements, as of a date not more than 16 months preceding the date of sale under the rule in the case of a U.S. bank or savings and loan association, and not more than 18 months preceding such date of
sale for a foreign bank or savings and loan association or equivalent institution. 
 (2) In determining the aggregate amount of securities
owned and invested on a discretionary basis by an entity, the following instruments and interests shall be excluded: bank deposit notes and certificates of deposit; loan participations; repurchase agreements; securities owned but subject to a
repurchase agreement; and currency, interest rate and commodity swaps. 
 (3) The aggregate value of securities owned and invested on a
discretionary basis by an entity shall be the cost of such securities, except where the entity reports its securities holdings in its financial statements on the basis of their market value, and no current information with respect to the cost of
those securities has been published. In the latter event, the securities may be valued at market for purposes of this section. 
 (4) In
determining the aggregate amount of securities owned by an entity and invested on a discretionary basis, securities owned by subsidiaries of the entity that are consolidated with the entity in its financial statements prepared in accordance with
generally accepted accounting principles may be included if the investments of such subsidiaries are managed under the direction of the entity, except that, unless the entity is a reporting company under Section 13 or 15(d) of the Exchange Act,
securities owned by such subsidiaries may not be included if the entity itself is a majority-owned subsidiary that would be included in the consolidated financial statements of another enterprise. 
 (5) “Riskless principal transaction” means a transaction in which a dealer buys a security from any person and makes a simultaneous offsetting
sale of such security to a qualified institutional buyer, including another dealer acting as riskless principal for a qualified institutional buyer. 
  

 Ex. A-3

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