Document:

Exhibit 10.1

Termination Agreement

Between       VISHAY ELECTRONIC GmbH

(hereinafter referred to as Employer)

and         Mr Dieter Wunderlich

(hereinafter referred to as Employee)

the following is agreed:

Section 1 Termination

The parties agree that the employment relationship between them ends by mutual agreement as of midnight on 31 March 2017 on the Employee's initiative. Irrespective of the foregoing the provisions on cash bonus in paragraph 1 and equity awards in paragraphs 2 and 3 of the Agreement on Compensation Matters of 11th November 2011, as amended from time to time, will terminate as of 31 December 2016.

Section 2 Company pension scheme

The parties agree that the claims under the company pension scheme are non-forfeitable (vested). The Employee may continue the company pension scheme at Dresdener Pensionskasse at his own cost.

Section 3 Remaining leave

The annual leave for 2016 will be taken by 31 December 2016.

Section 4 Garden leave

The Employee will resign from his positions as Geschäftsführer Vishay Europe GmbH and COO of Vishay Intertechnology Inc. as of 31 December 2016. The Employee will be irrevocably released from his obligation to work from 1 January 2017 through 31 March 2017 while continuing to receive his contractual remuneration. The leave entitlement for this period will be set off during the irrevocable release from the obligation to work.

Section 5 Company car

The Employee will continue to have use of the company car during the garden leave period.

 

Section 6 Severance payment

 

For termination of the employment relationship the Employer will pay the Employee for the period from 1 April 2017 up until and including 31 March 2018 (retirement benefits drawn by Employee without reduction beginning 1 April 2018) a one-off severance payment of EUR 422,068.00 gross. The severance payment is due for payment with the salary payment for March 2017.

Section 7 Business and operational secrets

The Employee is obliged to observe strictest confidentiality vis-à-vis all third parties with regard to all internal matters of which he has gained knowledge during his work, in particular, company-internal matters, particularly company and operational secrets.

Section 8 Surrender of items and documents

The Employee undertakes to return all documents belonging to the Employer (e.g. price lists, business papers, drawings, diagrams, minutes of meetings, letters, photographs, etc.) and copies and duplicates thereof and items (e.g. keys, code cards, mobile phone, laptop, diskettes, CD-ROMs etc.) prior to the end of the employment relationship.

Section 9 Severability clause

Should a provision of this agreement be invalid, this does not affect the validity of the agreement in all other respects. In this event of the parties are obliged to replace the invalid provision with a new provision which corresponds to or reflects as closely as possible the economic aspects of the invalid contractual provision.

Selb, den/date 14 November 2016

 

	
VISHAY ELECTRONIC GmbH 

	 	
Employee

	 
	 	 	 	 	 	 
	
/s/ Werner Gebhardt

	
 

	 /s/ Thomas van Laak	 	
/s/ Dieter WunderlichExhibit 10.2

 

Vishay Intertechnology, Inc.

Amendment to Executive Officer Restricted Stock Unit Agreement

THIS AMENDMENT, made as of November 14, 2016, between Vishay Intertechnology, Inc. (the "Company") and the Participant, amends the Executive Officer Restricted Stock Unit Agreements dated as of March 4, 2014, March 3, 2015 and March 1, 2016 (individually, a "RSU Agreement", collectively, the "RSU Agreements") between the Company and the Participant.

 

RECITALS

 

A. The Company has adopted and maintains the Vishay Intertechnology, Inc. 2007 Stock Incentive Program, as amended and restated, (the "Program") to enhance the long-term performance of the Company and to provide selected individuals with an incentive to improve the growth and profitability of the Company by acquiring a proprietary interest in the success of the Company.

B. The Program provides that the Compensation Committee (the "Committee") of the Company's Board of Directors shall administer the Program, including the authority to determine the persons to whom awards will be granted, the amount and type of such awards, and the timing and substance of modifications to awards granted previously.

C. The Participant has notified the Board of Directors of his intention to retire from the Company effective December 31, 2016.

D. Under the Participant's employment and RSU Agreements with the Company, the Participant will forfeit upon retirement all outstanding, unvested restricted stock units ("RSUs") and all outstanding, unearned performance-based restricted stock units ("PBRSUs").

E. The Committee has determined that in light of the Participant's continuous service to the Company for more than four decades, and his countless contributions to the Company's business, it will modify the Participant's existing RSU Agreements to allow the Participant to benefit from the future value of the Company that he helped create during his leadership as Chief Operating Officer. 

AMENDMENT

	
1.

	
Modification to Each RSU Agreement.  The parties therefore agree to add the following sentence after the first sentence of Section 8 in each RSU Agreement:

Notwithstanding anything in Sections 4, 6 or 14 of this Agreement, or the first sentence of this Section 8, any outstanding, upon his retirement, the outstanding RSUs previously granted to the Participant shall immediately vest and the outstanding PBRSUs previously granted to the Participant shall vest on their normal vesting date to the extent the applicable performance criteria are realized.

	
2.

	
Capitalized Terms.  Capitalized terms used but not defined in this Amendment have the meaning ascribed to those terms in each RSU Agreement.

	
3.

	
No Other Amendment.  Except as specifically modified herein, each RSU Agreement remains in full force and effect.

	
4.

	
Counterparts.  This Amendment may be executed in two or more counterparts, each of which is deemed an original, but all of which constitute one and the same instrument.

	
5.

	
Governing Law.  This Amendment is governed by and construed and enforced in accordance with the laws of the State of Delaware, without regard to the provisions governing conflict of laws.

	
6.

	
Participant Acknowledgment.  The Participant hereby acknowledges receipt of a copy of the Program and has carefully read and understands this Amendment, the RSU Agreements and the Program.  The Participant hereby acknowledges that all decisions, determinations and interpretations of the Committee in respect of the Program, this Amendment and the Restricted Stock Units are final and conclusive.

 

The parties are signing this Amendment on the date stated in the introductory paragraph.

VISHAY INTERTECHNOLOGY, INC.

	 	
By:

	/s/ Peter Henrici	 
	 	
Name:

	
Peter G. Henrici

	 
	 	
Title:

	
Sr. Vice President,

Corporate Secretary

	 
	 	 	 
	 	/s/ Dieter Wunderlich	 
	 	
Dieter Wunderlich

	 

   DATED:   November 16, 2016EX-10.1

 Exhibit 10.1 

THIRD AMENDMENT TO RESTRUCTURING SUPPORT AGREEMENT 

This THIRD AMENDMENT (this “Third Amendment”) to the Restructuring Support Agreement, dated as of
October 20, 2016, by and among (i) the Stone Parties (as defined therein) and (ii) the Consenting Noteholders (as defined therein), as amended by that certain First Amendment to the Restructuring Support Agreement, dated as of
November 4, 2016 (the “First Amendment”) and that certain Second Amendment to the Restructuring Support Agreement, dated as of November 9, 2016 (the “Second Amendment”) (together with the
schedules, annexes and exhibits (including the term sheet) attached thereto, as amended by the First Amendment and further amended by the Second Amendment, the “Restructuring Support Agreement”), is being entered into as of
November 15, 2016, by and among (i) the Stone Parties and (ii) the undersigned Consenting Noteholders. This Third Amendment collectively refers to the Stone Parties and the Consenting Noteholders as the
“Parties” and each individually as a “Party.” Capitalized terms used but not defined herein shall have the meanings ascribed to them in the Restructuring Support Agreement. 

WHEREAS, the Parties desire to further amend the terms of the Restructuring Support Agreement to
(i) add a termination right, for the benefit of the Consenting Noteholders, with respect to additions, deletions and modifications to the Specified Employee Plans and the Indemnification Provisions; and (ii) further extend the deadline for
commencement of the solicitation in respect of the Plan as set forth on Schedule 1 from November 15, 2016, to November 17, 2016 (collectively, the “Proposed Amendment”);  

WHEREAS, pursuant to Section 28 of the Restructuring Support Agreement, the Proposed Amendment requires the prior written consent
of the Stone Parties and the Required Consenting Noteholders; and 
 WHEREAS, the undersigned Consenting Noteholders, taken as
a whole, satisfy the definition of Required Consenting Noteholders as it applies to the Proposed Amendment. 
 NOW, THEREFORE,
in consideration of the promises, mutual covenants, and agreements set forth herein, and for other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, each of the Parties, intending to be legally bound,
hereby agrees as follows: 
  

	 	1.	Amendment to Section 8. Section 8 of the Restructuring Support Agreement be, and it hereby is, amended as follows: 

  

	 	a.	subsections (n) and (o) be, and each of them hereby is, amended such that (i) the word “or” at the end of subsection (n) is deleted, and (ii) the final period at the end of subsection
(o) be replaced with a semi-colon followed by the word “or”; and 

  

	 	b.	a newly created subsection (p) be, and it hereby is, added to Section 8 of the Restructuring Support Agreement, which shall read as follows: 

“if (i) the additions, deletions and modifications to the Specified Employee Plans are not acceptable to the Required Consenting
Noteholders in their sole discretion, and (ii) the additions, deletions and modifications to the 

 
Indemnification Provisions for the purpose of making such Indemnification Provisions consistent with current market practice are not reasonably satisfactory to the Required Consenting
Noteholders.” 
  

	 	2.	Amendment to Schedule 1. The first paragraph (paragraph (a)) of Schedule 1 of the Restructuring Support Agreement be, and it hereby is, amended and restated in its entirety to read: 

“the Stone Parties shall commence the solicitation in respect of the Plan, no later than November 17, 2016;” 

 

	 	3.	Miscellaneous. 

  

	 	a.	Sections 15 (Fees and Expenses), 16 (Consents and Acknowledgments), 18 (Survival of Agreement), 19 (Settlement), 20 (Relationship Among Parties), 21 (Specific Performance), 22 (Governing Law and Consent to Jurisdiction
and Venue), 23 (WAIVER OF RIGHT TO TRIAL BY JURY), 24 (Successors and Assigns), 25 (No Third-Party Beneficiaries), 26 (Notices), 28 (Amendments), 29 (Reservation of Rights), 30 (Counterparts), 31 (Public Disclosure), 32 (Creditors’ Committee),
33 (Severability), 35 (Time Periods), 36 (Headings), 37 (Interpretation) and 38 (Remedies Cumulative; No Waiver) be, and each of them hereby is, incorporated by reference, mutatis mutandis, as if such provisions were set forth fully herein.

  

	 	b.	This Third Amendment, together with the Restructuring Support Agreement, as amended hereby, constitute the complete and exclusive statement of agreement among the Stone Parties and the Consenting Noteholders with
respect to the subject matter hereof and thereof, and supersede all prior written and oral statements by and among the Stone Parties and the Consenting Noteholders or any of them. 

 

	 	c.	Except as specifically amended hereby, the Restructuring Support Agreement shall remain in full force and effect. 

[Signature pages follow] 

  
 2 

 IN WITNESS WHEREOF, the Parties have executed this Amendment as of the date set forth
above. 
  

			
	STONE ENERGY CORPORATION,
	a Delaware corporation
		
	By:	 	 /s/ Kenneth H. Beer

		 	Kenneth H. Beer, Executive Vice President and Chief Financial Officer
	
	 STONE ENERGY OFFSHORE, L.L.C.,

a Delaware limited liability company, by

	
	Stone Energy Corporation, its sole member
		
	By:	 	 /s/ Kenneth H. Beer

		 	Kenneth H. Beer, Executive Vice President and Chief Financial Officer
	
	 STONE ENERGY HOLDING, L.L.C.,

a Delaware limited liability company, by

	
	Stone Energy Corporation, it sole member
		
	By:	 	 /s/ Kenneth H. Beer

		 	Kenneth H. Beer, Executive Vice President and Chief Financial Officer

 [Signature Page to Amendment to Restructuring Support Agreement – Stone Parties]

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