Document:

Form of Amended and Restated Registration Rights Agreement

 Exhibit 10.50 
 AMENDED AND RESTATED 
 REGISTRATION RIGHTS AGREEMENT 

by and among 
 Freescale Holdings L.P. 
 Freescale Semiconductor Holdings I, Ltd.

 and 
 Certain Freescale Holdings L.P. Investors 
 Dated as of [—], 2011 

 Table of Contents 

 

					
	 Section 1.
	  	Definitions	  	  1
	 Section 2.
	  	Holders of Registrable Securities	  	  5
	 Section 3.
	  	Demand Registrations	  	  5
	 Section 4.
	  	Piggyback Registration	  	  8
	 Section 5.
	  	Restrictions on Public Sale by Holders of Registrable Securities	  	  9
	 Section 6.
	  	Registration Procedures	  	  9
	 Section 7.
	  	Registration Expenses	  	16
	 Section 8.
	  	Indemnification	  	17
	 Section 9.
	  	Rule 144; Coordination	  	20
	 Section 10.
	  	Underwritten Registrations	  	22
	 Section 11.
	  	Limitation on Subsequent Registration Rights	  	23
	 Section 12.
	  	Miscellaneous	  	23

 AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT 

AMENDED AND RESTATED REGISTRATION RIGHTS AGREEMENT (this “Agreement”), dated as of
[—], 2011, is by and among Freescale Holdings L.P., a Cayman Islands exempted limited partnership (“Freescale Holdings”), Freescale Semiconductor Holdings I, Ltd., a Bermuda exempted
limited liability company (the “Corporation”), and each of the parties listed on Annex A (as such Annex A is updated and amended pursuant to Section 12(d) hereof, and together with Freescale Holdings, the
“Shareholders”). This Agreement shall become effective upon the Effective Time. 
 WHEREAS, the Shareholders
were party to that Registration Rights Agreement, dated December 1, 2006 (the “Prior Agreement”); 

WHEREAS, pursuant to Section 12(b) of the Prior Agreement, the Requisite Holders desire to amend and restate the Prior Agreement on
the terms set forth herein; 
 WHEREAS, the Shareholders and the Corporation are parties to that certain Amended and Restated
Exempted Limited Partnership Agreement, dated as of February 11, 2008, as the same may hereafter be amended from time to time (the “Partnership Agreement”) and/or the Amended and Restated Investors Agreement, dated as of the
date hereof, as the same may hereafter be amended from time to time (the “Investors Agreement”); 
 WHEREAS,
the Corporation has filed a registration statement on Form S-1 with respect to an underwritten public offering of its common shares, par value $0.[—] per share (“Common Stock”) (the
“Initial Public Offering”); and 
 WHEREAS, the parties hereto desire that the Corporation provide the
Shareholders with registration rights with respect to the Registrable Securities (as defined below), as set forth in this Agreement. 
 NOW, THEREFORE, for and in consideration of the mutual agreements contained herein and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties
hereto, intending to be legally bound hereby, agree as follows: 
 Section 1. Definitions. As used in this Agreement, the
following terms shall have the following meanings, and terms used herein but not otherwise defined herein shall have the meanings assigned to them in the Partnership Agreement: 

“Blackstone Investors” shall mean, as of any date, Blackstone Capital Partners (Cayman) V L.P., Blackstone Capital
Partners (Cayman) V-A L.P., BCP (Cayman) V-S L.P., Blackstone Family Investment Partnership (Cayman) V L.P., Blackstone Family Investment Partnership (Cayman) V-A L.P., Blackstone Participation Partnership (Cayman) V L.P., BCP V Co-Investors
(Cayman) L.P., Blackstone Firestone Transaction Participation Partners (Cayman) L.P., and Blackstone Firestone Principal Transaction Partners (Cayman) L.P., and their respective Permitted Transferees, in each case only if such Person then owns any
Interests in Freescale Holdings or owns, directly or indirectly through such Person’s pro rata share of 

 
Freescale Holdings’ ownership in the Corporation, shares of Common Stock of the Corporation, as applicable. 
 “Carlyle Investors” shall mean, as of any date, Carlyle Partners IV Cayman, LP, CPIV Coinvestment Cayman, LP, Carlyle Asia Partners II, LP, CAP II Co-Investment, LP, CEP II
Participations, S.a r.l. SICAR, Carlyle Japan Partners, L.P., and CJP Co-Investment, L.P., and their respective Permitted Transferees, in each case only if such Person then owns any Interests in Freescale Holdings or owns, directly or indirectly
through such Person’s pro rata share of Freescale Holdings’ ownership in the Corporation, shares of Common Stock of the Corporation, as applicable. 
 “Common Stock” shall have the meaning set forth in the Recitals. 

“Corporation” shall have the meaning set forth in the Recitals. 

“Corporation Shareholders’ Agreement” shall mean the Shareholders’ Agreement, of even date herewith, among the
Corporation, Freescale Holdings and the other parties thereto. 
 “Demand Notice” shall have the meaning set
forth in Section 3(a) hereof. 
 “Demand Registration” shall have the meaning set forth in
Section 3(a) hereof. 
 “Effective Time” shall mean the closing of the Initial Public Offering.

 “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended, and any successor statute thereto
and the rules and regulations of the SEC promulgated thereunder. 
 “GP Shareholders’ Agreement” shall
mean the Amended and Restated Shareholders’ Agreement, of even date herewith, among Freescale Holdings GP, Ltd. and the shareholders of Freescale Holdings GP, Ltd. listed therein. 

“Initial Public Offering” shall have the meaning set forth in the Recitals. 

“Interests” shall mean an interest in Freescale Holdings, including the right of the holder thereof to any and all
benefits to which a holder thereof may be entitled as provided in the Partnership Agreement together with the obligations of a holder thereof to comply with all the terms and provisions of the Partnership Agreement. The term “Interest”
shall include Class A Interests and the Class B Interests. 
 “Losses” shall have the meaning set forth in
Section 8 hereof. 
 “Majority Blackstone Investors” shall mean, as of any date, the holders of a Majority
in Interest of the Interests and shares of Common Stock, as applicable, held by the Blackstone Investors. 
 “Majority
Carlyle Investors” shall mean, as of any date, the holders of a Majority in Interest of the Interests and shares of Common Stock, as applicable, held by the Carlyle Investors. 

  
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 “Majority in Interest” shall mean with respect to a group of Interests and
shares of Common Stock, a majority in number of such Interests and shares of Common Stock. 
 “Majority Permira
Investors” shall mean, as of any date, the holders of a Majority in Interest of the Interests and shares of Common Stock, as applicable, held by the Permira Investors. 

“Majority TPG Investors” shall mean, as of any date, the holders of a Majority in Interest of the Interests and shares
of Common Stock, as applicable, held by the TPG Investors. 
 “Options” shall mean any options to subscribe
for, purchase or otherwise directly acquire Common Stock of the Corporation, other than any such option held by Freescale Holdings, the Corporation or any direct or indirect subsidiary thereof. 

“Ownership Percentage” means, as of any date of determination, the quotient of (i) the sum of (x) the number
of shares of Common Stock a Principal Investor owns directly or indirectly, or with respect to which such Principal Investor has, directly or indirectly, the authority and power to vote pursuant to a power of attorney, proxy or otherwise (in
each case excluding the shares of Common Stock owned by Freescale Holdings in (y) below); and (y) the number of shares of Common Stock representing such Principal Investor’s pro rata share of the shares of Common Stock owned,
directly or indirectly, by Freescale Holdings, divided by (ii) the total issued and outstanding shares of Common Stock as of such date of determination, expressed as a percentage. 

“Permira Investors” shall mean, as of any date, Permira IV L.P.2, Permira Investments Limited, P4 Co-Investment L.P. and
P4 Sub L.P.1, Uberior Co-Investments Limited, European Strategic Partners, European Strategic Partners Scottish B, European Strategic Partners Scottish C, European Strategic Partners 1-LP, ESP Co-investment Limited Partnership, ESP II Conduit LP,
ESP 2004 Conduit LP, ESP 2006 Conduit LP, ESP Tidal Reach LP, Edcastle Limited Partnership, North American Strategic Partners, L.P., Rose Nominees Limited a/c 21425, A.S.F. Co-Investment Partners III, L.P., Wilshire U.S. Private Markets Fund VII,
L.P., Wilshire Private Markets Short Duration Fund I, L.P. and Partners Group Access III, L.P., Inc., and their respective Permitted Transferees, in each case only if such Person then owns any Interests in Freescale Holdings or owns, directly or
indirectly through such Person’s pro rata share of Freescale Holdings’ ownership in the Corporation, shares of Common Stock of the Corporation, as applicable. 
 “Person” shall mean any natural person, corporation, limited partnership, general partnership, limited liability company, joint stock company, joint venture, association, company, estate,
trust, bank trust company, land trust, business trust, or other organization, whether or not a legal entity, custodian, trustee-executor, administrator, nominee or entity in a representative capacity and any government or agency or political
subdivision thereof. 
 “Piggyback Notice” shall have the meaning set forth in Section 4(a) hereof.

 “Piggyback Registration” shall have the meaning set forth in Section 4(a) hereof. 

  
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 “Principal Investor” shall mean each of the Blackstone Investors, the
Carlyle Investors, the Permira Investors and the TPG Investors, and collectively referred to as the “Principal Investors”. 
 “Principal Investor Groups” shall mean the (a) the Blackstone Investors, collectively, (b) the Carlyle Investors, collectively, (c) the Permira Investors, collectively, and
(d) the TPG Investors, collectively; provided, however, that any such Principal Investor Group shall cease to be a Principal Investor Group at such time as such Principal Investor Group ceases to have an Ownership Percentage of at least 2.8%.
Where this Agreement provides for the vote, consent or approval of any Principal Investor Group, such vote, consent or approval shall be determined by the Majority Blackstone Investors, the Majority Carlyle Investors, the Majority Permira Investors,
or the Majority TPG Investors, as the case may be, except as otherwise specifically set forth herein. 

“Proceeding” shall mean an action, claim, suit, arbitration or proceeding (including, without limitation, an
investigation or partial proceeding, such as a deposition), whether commenced or threatened. 
 “Prospectus”
shall mean the prospectus included in any Registration Statement (including, without limitation, a prospectus that discloses information previously omitted from a prospectus filed as part of an effective Registration Statement in reliance upon Rule
430A promulgated under the Securities Act), as amended or supplemented by any prospectus supplement or any issuer free writing prospectus (as defined in Rule 433 under the Securities Act), with respect to the terms of the offering of any portion of
the Registrable Securities covered by such Registration Statement, and all other amendments and supplements to the Prospectus, including post-effective amendments, and all material incorporated by reference or deemed to be incorporated by reference
in such prospectus. 
 “Public Offering” shall mean a public offering and sale of equity securities for cash
pursuant to an effective registration statement under the Securities Act. 
 “Registrable Securities” shall
mean (a) all shares of Common Stock (other than shares received under a grant of restricted stock units) held by a Shareholder at the Effective Time (provided, that each Shareholder shall also be deemed to hold all shares of Common Stock owned
indirectly through such Shareholder’s pro rata share of Freescale Holdings’ ownership in the Corporation), (b) all shares of Common Stock received in an Exchange pursuant to Section 3.3 of the Investors Agreement, (c) all
shares of Common Stock received upon exercise of Options, and (d) all shares of Common Stock issued pursuant to the exercise of the warrant between Freescale Holdings and the Corporation, dated as of December 1, 2006. As to any particular
Registrable Securities, once issued such securities shall cease to be Registrable Securities when (i) they are sold pursuant to an effective Registration Statement under the Securities Act, (ii) they are sold pursuant to Rule 144 (or any
successor provision to such Rule) under the Securities Act, (iii) they shall have ceased to be outstanding or (iv) they have been sold in a private transaction in which the transferor’s rights under this Agreement are not assigned to
the transferee of the securities. 

  
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 “Registration Statement” shall mean any registration statement of the
Corporation under the Securities Act, including a Resale Shelf Registration Statement, which permits the public offering of any of the Registrable Securities pursuant to the provisions of this Agreement, including the Prospectus, amendments and
supplements to such registration statement, including post-effective amendments, all exhibits and all material incorporated by reference or deemed to be incorporated by reference in such registration statement. 

“Related Group” shall mean, with respect to any 144 measurement period, all holders of Registrable Securities other than
those (a) who have agreed to forego their full pro rata share of the Rule 144 group limit in accordance with the last sentence of Section 9(c)(i), (b) who have opted out of 144 Coordination pursuant to Section 9(c)(iii) or
(c) who have been excluded from the provisions of Section 9(b) through 9(g) pursuant to the last sentence of Section 9(h), unless, in each case, such person’s sales of Registrable Securities are required to be aggregated with
sales of Registrable Securities of all holders of Registrable Securities not described in clauses (a) through (c) of this definition for purposes of clauses (e)(1) or (2) of Rule 144. 

“Requisite Holders” shall mean a majority of the Principal Investor Groups. 

“Rule 144” shall mean Rule 144 under the Securities Act, as such Rule may be amended from time to time, or any similar
rule or regulation hereafter adopted by the SEC. 
 “SEC” shall mean the Securities and Exchange Commission or
any successor agency having jurisdiction under the Securities Act. 
 “Securities Act” shall mean the
Securities Act of 1933, as amended, and any successor statute thereto and the rules and regulations of the SEC promulgated thereunder. 
 “Shareholders’ Agreements” shall mean, collectively, the Corporation Shareholders’ Agreement and the GP Shareholders’ Agreement. 

“TPG Investors” shall mean, as of any date, TPG Partners IV — AIV, L.P., TPG Partners V — AIV, L.P., TPG FOF
V-A, L.P. and TPG FOF V-B, L.P., and their respective Permitted Transferees, in each case only if such Person then owns any Interests in Freescale Holdings or owns, directly or indirectly through such Person’s pro rata share of Freescale
Holdings’ ownership in the Corporation, shares of Common Stock of the Corporation, as applicable. 
 “underwritten
registration” or “underwritten offering” shall mean a registration in which securities of the Corporation are sold to an underwriter for reoffering to the public. 

Section 2. Holders of Registrable Securities. A Person is deemed, and shall only be deemed, to be a holder of Registrable
Securities if such Person owns, directly or indirectly through Freescale Holdings, Registrable Securities or has a right to acquire such Registrable Securities and such Person is a Shareholder. 

Section 3. Demand Registrations. 
 (a) Requests for Registration. 

  
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 (i) Following the expiration of the underwriter lock-up period applicable to
the Initial Public Offering, the Requisite Holders shall have the right by delivering a written notice to the Corporation (a “Demand Notice”) to require the Corporation to register, pursuant to the terms of this Agreement under and
in accordance with the provisions of the Securities Act, the number of Registrable Securities requested to be so registered pursuant to the terms of this Agreement (a “Demand Registration”); provided, however, that a Demand Notice
may only be made if the sale of the Registrable Securities requested to be registered by the Requisite Holders delivering such Demand Notice is reasonably expected to result in aggregate gross cash proceeds in excess of $100,000,000. Following
receipt of a Demand Notice for a Demand Registration, the Corporation shall use its reasonable best efforts to file a Registration Statement as promptly as practicable, but not later than 30 days after such Demand Notice, and shall use its
reasonable best efforts to cause such Registration Statement to be declared effective under the Securities Act as promptly as practicable after the filing thereof. 

(ii) The Requisite Holders shall be entitled to unlimited Demand Registrations, any of which may involve an underwritten
offering. 
 (iii) At any time when the Corporation is eligible to utilize Form S-3 or a successor form to sell
shares in a secondary offering on a delayed or continuous basis in accordance with Rule 415 under the Securities Act, any Demand Registration may be for a “shelf” registration with respect to the resale of Registrable Securities
(“Resale Shelf Registration”) by Shareholders electing to participate in the Resale Shelf Registration on an appropriate form for an offering to be made on a delayed or continuous basis pursuant to Rule 415 under the Securities Act
(the “Resale Shelf Registration Statement”) and permitting registration of such Registrable Securities for resale by such Shareholders in accordance with the methods of distribution elected by such Shareholders and set forth in the
Resale Shelf Registration Statement. At the time the Resale Shelf Registration Statement is declared effective, each Shareholder that has delivered to the Corporation the information required by Section 6(b) on or prior to the date which is ten
(10) business days prior to such time of effectiveness shall be named as a selling securityholder in the Resale Shelf Registration Statement and the related prospectus in such a manner as to permit such Shareholder to deliver such prospectus to
purchasers of Registrable Securities in accordance with applicable law. 
 (iv) Within 10 days after receipt by
the Corporation of a Demand Notice, the Corporation shall give written notice (the “Notice”) of such Demand Notice to all other holders of Registrable Securities and shall, subject to the provisions of Section 3(b) hereof,
include in such registration all Registrable Securities with respect to which the Corporation received written requests for 

  
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inclusion therein within 10 days after such Notice is given by the Corporation to such holders. 
 (v) All requests made pursuant to this Section 3 will specify the number of Registrable Securities to be registered and the intended methods of disposition thereof. 

(vi) (A) Subject to Section 3(c), the Corporation shall be required to maintain the effectiveness of the Registration
Statement with respect to any Demand Registration (other than a Resale Shelf Registration Statement in connection with a Resale Shelf Registration) for a period of at least 180 days after the effective date thereof or such shorter period in which
all Registrable Securities included in such Registration Statement have actually been sold; provided, however, that such period shall be extended for a period of time equal to the period the holder of Registrable Securities refrains
from selling any securities included in such registration at the request of an underwriter of the Corporation or the Corporation pursuant to the provisions of this Agreement. 

(B) Subject to Section 3(c), the Corporation shall be required to maintain the effectiveness of a Resale Shelf
Registration Statement continuously effective for a period ending when all Registrable Securities covered by the Resale Shelf Registration Statement are no longer Registrable Securities. The Requisite Holders shall have the right to request that an
underwritten offering be effected off the Resale Shelf Registration at any time; provided such underwritten offering is reasonably expected to result in aggregate gross cash proceeds in excess of $100,000,000. 

(b) Priority on Demand Registration. If any of the Registrable Securities registered pursuant to a Demand Registration are to be
sold in a firm commitment underwritten offering, and the managing underwriter or underwriters advise the holders of such securities in writing that in its view the total number or dollar amount of Registrable Securities proposed to be sold in such
offering is such as to adversely affect the success of such offering (including, without limitation, securities proposed to be included by other holders of securities entitled to include securities in such Registration Statement pursuant to
incidental or piggyback registration rights), then there shall be included in such firm commitment underwritten offering the number or dollar amount of Registrable Securities that in the opinion of such managing underwriter can be sold without
adversely affecting such offering, and such number of Registrable Securities shall be allocated as follows: 

(i) first, pro rata among the holders of Registrable Securities on the basis of the percentage of the Registrable
Securities requested to be included in such Registration Statement by such holders; and 

  
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 (ii) second, the securities for which inclusion in such Demand Registration,
as the case may be, was requested by the Corporation. 
 (c) Postponement of Demand Registration. The Corporation shall
be entitled to postpone (but not more than once in any 12-month period), for a reasonable period of time not in excess of 60 days, the filing of a Registration Statement (or suspend the use of a Registration Statement) if the Corporation delivers to
the holders requesting registration (or participating in a Resale Shelf Registration) a certificate signed by both the chief executive officer and chief financial officer of the Corporation certifying that, in the good faith judgment of the board of
directors of the Corporation, such registration and offering (or sales pursuant to the Resale Shelf Registration Statement) would reasonably be expected to materially adversely affect or materially interfere with any bona fide material
financing of the Corporation or any material transaction under consideration by the Corporation or would require disclosure of information that has not been disclosed to the public, the premature disclosure of which would materially adversely affect
the Corporation. Such certificate shall contain a statement of the reasons for such postponement or suspension and an approximation of the anticipated delay. The holders receiving such certificate shall keep the information contained in such
certificate confidential subject to the same terms set forth in Section 6(a)(xvi). 
 Section 4. Piggyback
Registration. 
 (a) Right to Piggyback. If the Corporation proposes to file a registration statement under the
Securities Act with respect to an offering of Common Stock by and for the account of the Corporation (other than a registration statement (i) on Form S-4, Form S-8 or any successor forms thereto or (ii) filed solely in connection with an
exchange offer or any employee benefit or dividend reinvestment plan), or any shareholder of the Corporation, then, each such time, the Corporation shall give prompt written notice of such filing not later than ten (10) days following the
initial filing date (the “Piggyback Notice”) to all of the holders of Registrable Securities. The Piggyback Notice shall offer such holders the opportunity to include in such registration statement the number of Registrable
Securities as each such holder may request (a “Piggyback Registration”). Subject to Section 4(b) hereof, the Corporation shall include in each such Piggyback Registration all Registrable Securities with respect to which the
Corporation has received written requests for inclusion therein within ten (10) days after notice has been given to the applicable holder. The eligible holders of Registrable Securities shall be permitted to withdraw all or part of the
Registrable Securities from a Piggyback Registration at any time prior to the effective date of such Piggyback Registration. The Corporation shall not be required to maintain the effectiveness of the Registration Statement for a Piggyback
Registration beyond the earlier to occur of (i) 180 days after the effective date thereof and (ii) consummation of the distribution by the holders of the Registrable Securities included in such Registration Statement. 

(b) Priority on Piggyback Registrations. The Corporation shall use reasonable efforts to cause the managing underwriter or
underwriters of a proposed underwritten offering to permit holders of Registrable Securities requested to be included in the registration for such offering to include all such Registrable Securities on the same terms and conditions as any other
shares of capital stock, if any, of the Corporation included therein. Notwithstanding 

  
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the foregoing, if the managing underwriter or underwriters of such underwritten offering have informed the Corporation in writing that it is their good faith opinion that the total amount of
securities that such holders, the Corporation and any other Persons having rights to participate in such registration, intend to include in such offering is such as to adversely affect the success of such offering, then the amount of securities to
be offered (i) for the account of holders of Registrable Securities and (ii) for the account of all such other Persons (other than the Corporation) shall be reduced to the extent necessary to reduce the total amount of securities to be
included in such offering to the amount recommended by such managing underwriter or underwriters by first reducing, or eliminating if necessary, all securities of the Corporation requested to be included by such other Persons (other than the
Corporation and holders of Registrable Securities) and then, if necessary, reducing the securities requested to be included by members of the Principal Investor Groups requesting such registration, pro rata among such holders on the basis of the
percentage of the Registrable Securities requested to be included in such Registration Statement by such members of the Principal Investor Groups, and then, if necessary, reducing the securities requested to be included by all other holders of
Registrable Securities requesting such registration pro rata among such holders on the basis of the percentage of the Registrable Securities requested to be included in such Registration Statement by such holders. 

(c) Notwithstanding anything to the contrary herein, the inclusion of any Registrable Securities held directly by Freescale Holdings
shall be subject to the terms and conditions of the Shareholders’ Agreements. 
 Section 5. Restrictions on Public Sale
by Holders of Registrable Securities. Each Shareholder agrees to comply with the provisions of Section 4 of the Investors Agreement as an “Interest Holder” or “Stockholder” as though such Section were set forth herein.
No holder of Registrable Securities will Transfer any equity securities of Freescale Holdings or the Corporation, or any of their respective subsidiaries, or any securities convertible into or exercisable or exchangeable for such equity securities
pursuant to a waiver from a lock-up agreement described in Section 4 of the Investors Agreement unless the benefit of such waiver is extended in a pro rata manner to all holders of Registrable Securities. 

Section 6. Registration Procedures. 
 (a) If and whenever the Corporation is required to use its reasonable best efforts to effect the registration of any Registrable Securities under the Securities Act as provided in Section 3 and
Section 4 hereof, the Corporation shall effect such registration to permit the sale of such Registrable Securities in accordance with the intended method or methods of disposition thereof, and pursuant thereto the Corporation shall cooperate in
the sale of the securities and shall, as expeditiously as possible: 
 (i) Prepare and file with the SEC a
Registration Statement or Registration Statements on such form which shall be available for the sale of the Registrable Securities by the holders thereof or the Corporation in accordance with the intended method or methods of distribution thereof,
and use its 

  
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reasonable best efforts to cause such Registration Statement to become effective and to remain effective as provided herein; provided, however, that before filing a Registration
Statement (other than in connection with a Piggyback Registration initial filing) or Prospectus or any amendments or supplements thereto (including documents that would be incorporated or deemed to be incorporated therein by reference but excluding
any amendment or supplement solely to add or change selling stockholders named therein), the Corporation shall furnish or otherwise make available to the holders of the Registrable Securities covered by such Registration Statement, their counsel and
the managing underwriters, if any, copies of all such documents proposed to be filed, which documents will be subject to the reasonable review and comment of such counsel, and such other documents reasonably requested by such counsel, including any
comment letter from the SEC, and, if requested by such counsel, provide such counsel reasonable opportunity to participate in the preparation of such Registration Statement and each Prospectus included therein and such other opportunities to conduct
a reasonable investigation within the meaning of the Securities Act, including reasonable access to the Corporation’s books and records, officers, accountants and other advisors. The Corporation shall not file any such Registration Statement or
Prospectus or any amendments or supplements thereto (including such documents that, upon filing, would be incorporated or deemed to be incorporated by reference therein) with respect to a Demand Registration to which the holders of a majority of the
Registrable Securities covered by such Registration Statement, their counsel, or the managing underwriters, if any, shall reasonably object, in writing, on a timely basis, unless, in the opinion of the Corporation, such filing is necessary to comply
with applicable law. 
 (ii) Prepare and file with the SEC such amendments and post-effective amendments to each
Registration Statement as may be necessary to keep such Registration Statement continuously effective during the applicable period provided herein and comply in all material respects with the provisions of the Securities Act with respect to the
disposition of all securities covered by such Registration Statement; and cause the related Prospectus to be supplemented by any Prospectus supplement as may be necessary to comply with the provisions of the Securities Act with respect to the
disposition of the securities covered by such Registration Statement, and as so supplemented to be filed pursuant to Rule 424 (or any similar provisions then in force) under the Securities Act. 

(iii) Notify each selling holder of Registrable Securities, its counsel and the managing underwriters, if any, promptly,
and (if requested by any such Person) confirm such notice in writing, (1) when a Prospectus or any Prospectus supplement or post-effective amendment has been filed, and, with respect to a Registration Statement or any post-effective amendment,
when the same has become effective, (2) of any request by the SEC or any other Federal or state governmental authority for amendments or supplements to a Registration Statement or related Prospectus or for additional information, (3) of
the issuance 

  
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by the SEC of any stop order suspending the effectiveness of a Registration Statement or the initiation of any proceedings for that purpose, (4) if at any time the representations and
warranties of the Corporation contained in any agreement (including any underwriting agreement) contemplated by Section 6(a)(xv) below cease to be true and correct, (5) of the receipt by the Corporation of any notification with respect to
the suspension of the qualification or exemption from qualification of any of the Registrable Securities for sale in any jurisdiction, or the initiation or threatening of any proceeding for such purpose, and (6) of the happening of any event
that makes any statement made in such Registration Statement or related Prospectus or any document incorporated or deemed to be incorporated therein by reference untrue in any material respect or that requires the making of any changes in such
Registration Statement, Prospectus or documents so that, in the case of the Registration Statement, it will not contain any untrue statement of a material fact or omit to state any material fact required to be stated therein or necessary to make the
statements therein, not misleading, and that in the case of the Prospectus, it will not contain any untrue statement of a material fact or omit to state any material fact necessary in order to make the statements therein, in light of the
circumstances under which they were made, not misleading. 
 (iv) Use its reasonable best efforts to obtain the
withdrawal of any order suspending the effectiveness of a Registration Statement, or the lifting of any suspension of the qualification (or exemption from qualification) of any of the Registrable Securities for sale in any jurisdiction at the
reasonably earliest practical date. 
 (v) If requested by the managing underwriters, if any, or the holders of a
majority of the then outstanding Registrable Securities being sold in connection with an underwritten offering, or the Shareholders participating in a Resale Shelf Registration, promptly include in a Prospectus supplement or post-effective amendment
such information as the managing underwriters, if any, and such holders or Shareholders may reasonably request in order to permit the intended method of distribution of such securities and make all required filings of such Prospectus supplement or
such post-effective amendment as soon as practicable after the Corporation has received such request; provided, however, that the Corporation shall not be required to take any actions under this Section 6(a)(v) that are not, in
the opinion of counsel for the Corporation, in compliance with applicable law. 
 (vi) Furnish or make available
to each selling holder of Registrable Securities, its counsel and each managing underwriter, if any, without charge, at least one conformed copy of the Registration Statement, the Prospectus and Prospectus supplements, if applicable, and each
post-effective amendment thereto, including financial statements (but excluding schedules, all documents 

  
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incorporated or deemed to be incorporated therein by reference, and all exhibits, unless requested in writing by such holder, counsel or underwriter). 

(vii) Deliver to each selling holder of Registrable Securities, its counsel, and the underwriters, if any, without charge,
as many copies of the Prospectus or Prospectuses (including each form of Prospectus) and each amendment or supplement thereto as such Persons may reasonably request in connection with the distribution of the Registrable Securities; and the
Corporation, subject to Section 6(c), hereby consents to the use of such Prospectus and each amendment or supplement thereto by each of the selling holders of Registrable Securities and the underwriters, if any, in connection with the offering
and sale of the Registrable Securities covered by such Prospectus and any such amendment or supplement thereto. 

(viii) Prior to any public offering of Registrable Securities, use its reasonable best efforts to register or qualify or
cooperate with the selling holders of Registrable Securities, the underwriters, if any, and their respective counsel in connection with the registration or qualification (or exemption from such registration or qualification) of such Registrable
Securities for offer and sale under the securities or “Blue Sky” laws of such jurisdictions within the United States as any seller or underwriter reasonably requests in writing and to keep each such registration or qualification (or
exemption therefrom) effective during the period such Registration Statement is required to be kept effective and to take any other action that may be necessary or advisable to enable such holders of Registrable Securities to consummate the
disposition of such Registrable Securities in such jurisdiction; provided, however, that the Corporation will not be required to (1) qualify generally to do business in any jurisdiction where it is not then so qualified or
(2) take any action that would subject it to general service of process in any such jurisdiction where it is not then so subject. 
 (ix) Cooperate with the selling holders of Registrable Securities and the managing underwriters, if any, to facilitate the timely preparation and delivery of certificates (not bearing any legends)
representing Registrable Securities to be sold after receiving written representations from each holder of such Registrable Securities that the Registrable Securities represented by the certificates so delivered by such holder will be transferred in
accordance with the Registration Statement, and enable such Registrable Securities to be in such denominations and registered in such names as the managing underwriters, if any, or holders may request at least two (2) business days prior to any
sale of Registrable Securities in a firm commitment public offering, but in any other such sale, within ten (10) business days prior to having to issue the securities. 

(x) Use its reasonable best efforts to cause the Registrable Securities covered by the Registration Statement to be
registered with or approved by such 

  
 12 

 
other governmental agencies or authorities within the United States, except as may be required solely as a consequence of the nature of such selling holder’s business, in which case the
Corporation will cooperate in all reasonable respects with the filing of such Registration Statement and the granting of such approvals, as may be necessary to enable the seller or sellers thereof or the underwriters, if any, to consummate the
disposition of such Registrable Securities. 
 (xi) Upon the occurrence of any event contemplated by
Section 6(a)(iii)(6) above, prepare a supplement or post-effective amendment to the Registration Statement or a supplement to the related Prospectus or any document incorporated or deemed to be incorporated therein by reference, or file any
other required document so that, as thereafter delivered to the purchasers of the Registrable Securities being sold thereunder, such Prospectus will not contain an untrue statement of a material fact or omit to state a material fact required to be
stated therein or necessary to make the statements therein, in light of the circumstances under which they were made, not misleading. 
 (xii) Prior to the effective date of the Registration Statement relating to the Registrable Securities, provide a CUSIP number for the Registrable Securities. 

(xiii) Provide and cause to be maintained a transfer agent and registrar for all Registrable Securities covered by such
Registration Statement from and after a date not later than the effective date of such Registration Statement. 

(xiv) Use its reasonable best efforts to cause all shares of Registrable Securities covered by such Registration Statement
to be authorized to be listed on The New York Stock Exchange or any other securities exchange on which shares of the particular class of Registrable Securities are at that time qualified or listed. 

(xv) Enter into such agreements (including an underwriting agreement in form, scope and substance as is customary in
underwritten offerings) and take all such other actions reasonably requested by the holders of a majority of the Registrable Securities being sold in connection therewith (including those reasonably requested by the managing underwriters, if any) to
expedite or facilitate the disposition of such Registrable Securities, and with respect to an underwritten registration, (1) make such representations and warranties to the holders of such Registrable Securities and the underwriters with
respect to the business of the Corporation and its subsidiaries, and the Registration Statement, Prospectus and documents, if any, incorporated or deemed to be incorporated by reference therein, in each case, in form, substance and scope as are
customarily made by issuers to underwriters in underwritten offerings, and, if true, confirm the same if and when requested, (2) use its reasonable best efforts to furnish to the selling holders of such Registrable Securities opinions of
counsel to the 

  
 13 

 
Corporation and updates thereof (which counsel and opinions (in form, scope and substance) shall be reasonably satisfactory to the managing underwriters and counsels to the selling holders of the
Registrable Securities), addressed to each selling holder of Registrable Securities and each of the underwriters covering the matters customarily covered in opinions requested in underwritten offerings and such other matters as may be reasonably
requested by such counsel and underwriters, (3) use its reasonable best efforts to obtain “cold comfort” letters and updates thereof from the independent certified public accountants of the Corporation (and, if necessary, any other
independent certified public accountants of any subsidiary of the Corporation or of any business acquired by the Corporation for which financial statements and financial data are, or are required to be, included in the Registration Statement) who
have certified the financial statements included in such Registration Statement, addressed to each selling holder of Registrable Securities (unless such accountants shall be prohibited from so addressing such letters by applicable standards of the
accounting profession) and each of the underwriters, if any, such letters to be in customary form and covering matters of the type customarily covered in “cold comfort” letters in connection with underwritten offerings, (4) if an
underwriting agreement is entered into, the same shall contain indemnification provisions and procedures substantially to the effect set forth in Section 8 hereof with respect to all parties to be indemnified pursuant to said Section and
(5) deliver such documents and certificates as may be reasonably requested by the holders of a majority of the Registrable Securities being sold, their counsel and the managing underwriters to evidence the continued validity of the
representations and warranties made pursuant to Section 6(a)(xv)(1) above and to evidence compliance with any customary conditions contained in the underwriting agreement or other agreement entered into by the Corporation. The above shall be
done at each closing under such underwriting or similar agreement, or as and to the extent required thereunder. 

(xvi) Make available for inspection by a representative of the selling holders of Registrable Securities, any underwriter
participating in any such disposition of Registrable Securities, if any, and any attorneys or accountants retained by such selling holders or underwriter, at the offices where normally kept, during reasonable business hours, all financial and other
records, pertinent corporate documents and properties of the Corporation and its subsidiaries, and cause the officers, directors and employees of the Corporation and its subsidiaries to supply all information in each case reasonably requested by any
such representative, underwriter, attorney or accountant in connection with such Registration Statement; provided, however, that any information that is not generally publicly available at the time of delivery of such information shall
be kept confidential by such Persons unless (1) disclosure of such information is required by court or administrative order, (2) disclosure of such information, in the opinion of counsel to such Person, is required by law, or (3) such
information becomes generally available to the public other than as a result of a disclosure or failure to safeguard by such Person. In the case of a proposed disclosure pursuant 

  
 14 

 
to (1) or (2) above, such Person shall be required to give the Corporation written notice of the proposed disclosure prior to such disclosure and, if requested by the Corporation,
assist the Corporation in seeking to prevent or limit the proposed disclosure. Without limiting the foregoing, no such information shall be used by such Person as the basis for any market transactions in securities of the Corporation or its
subsidiaries in violation of law. 
 (xvii) Cause its officers to use their reasonable best efforts to support
the marketing of the Registrable Securities covered by the Registration Statement (including, without limitation, participation in “road shows”) taking into account the Corporation’s business needs. 

(xviii) Otherwise comply in all material respects with all applicable rules and regulations under the Securities Act,
including making available to its security holders an earnings statement covering at least 12 months which shall satisfy the provisions of Section 11(a) of the Securities Act and Rule 158 thereunder (or any similar provision then in force).

 (xix) If required by applicable law, subject to the terms and conditions hereof, after effectiveness of a
Resale Shelf Registration Statement, the Company shall file a supplement to such prospectus or amendment to the Resale Shelf Registration Statement not less than once a quarter as necessary to name as selling securityholders therein any Shareholder
that provides to the Company the information required by Section 6(b) hereof and shall use reasonable efforts to cause any post-effective amendment to such Resale Shelf Registration Statement filed for such purpose to be declared effective by
the SEC as promptly as reasonably practicable after the filing thereof. 
 (xx) The Corporation shall prepare and
file such additional registration statements as necessary every three years (or such other period of time as may be required to maintain continuously effective shelf registration statements) and use its commercially reasonable efforts to cause such
registration statements to be declared effective by the SEC so that a shelf registration statement remains continuously effective, subject to Section 3(c), with respect to resales of Registrable Securities as and for the periods required under
Section 3(a)(vi)(B), such subsequent registration statements to constitute a Resale Shelf Registration Statement hereunder. 
 (b) The Corporation may require each seller of Registrable Securities as to which any registration is being effected to furnish to the Corporation in writing such information required in connection with
such registration regarding such seller and the distribution of such Registrable Securities as the Corporation may, from time to time, reasonably request in writing and the Corporation may exclude from such registration the Registrable

  
 15 

 
Securities of any seller who unreasonably fails to furnish such information within a reasonable time after receiving such request. 

(c) Each holder of Registrable Securities agrees if such holder has Registrable Securities covered by such Registration Statement that,
upon receipt of any notice from the Corporation of the happening of any event of the kind described in Section 6(a)(iii)(2), 6(a)(iii)(3), 6(a)(iii)(4) or 6(a)(iii)(5) hereof, such holder will forthwith discontinue disposition of such
Registrable Securities covered by such Registration Statement or Prospectus until such holder’s receipt of the copies of the supplemented or amended Prospectus contemplated by Section 6(a)(xi) hereof, or until it is advised in writing by
the Corporation that the use of the applicable Prospectus may be resumed, and has received copies of any additional or supplemental filings that are incorporated or deemed to be incorporated by reference in such Prospectus; provided,
however, that the Corporation shall extend the time periods under Section 3 with respect to the length of time that the effectiveness of a Registration Statement must be maintained by the amount of time the holder is required to
discontinue disposition of such securities. 
 Section 7. Registration Expenses. 

(a) All reasonable fees and expenses incident to the performance of or compliance with this Agreement by the Corporation (including,
without limitation, (i) all registration and filing fees (including, without limitation, fees and expenses (A) with respect to filings required to be made with the Financial Industry Regulatory Authority, Inc. and (B) of compliance
with securities or Blue Sky laws, including, without limitation, any fees and disbursements of counsel for the underwriters in connection with Blue Sky qualifications of the Registrable Securities pursuant to Section 6(a)(viii)),
(ii) printing expenses (including, without limitation, expenses of printing certificates for Registrable Securities in a form eligible for deposit with The Depository Trust Company and of printing Prospectuses if the printing of Prospectuses is
requested by the managing underwriters, if any, or by the holders of a majority of the Registrable Securities included in any Registration Statement), (iii) messenger, telephone and delivery expenses of the Corporation, (iv) fees and
disbursements of counsel for the Corporation, (v) expenses of the Corporation incurred in connection with any road show, (vi) fees and disbursements of all independent certified public accountants referred to in Section 6(a)(xv)(3)
hereof (including, without limitation, the expenses of any “cold comfort” letters required by this Agreement) and any other persons, including special experts retained by the Corporation, and (vii) fees and disbursements of one
counsel for the holders of Registrable Securities whose shares are included in a Registration Statement, which counsel shall be selected by the requesting Requisite Holders if such Registration Statement is pursuant to a Demand Registration and
otherwise by the holders of a majority of the Registrable Securities included in such Registration Statement) shall be borne by the Corporation whether or not any Registration Statement is filed or becomes effective. In addition, the Corporation
shall pay its internal expenses (including, without limitation, all salaries and expenses of its officers and employees performing legal or accounting duties), the expense of any annual audit, the fees and expenses incurred in connection with the
listing of the securities to be registered on any securities exchange on which similar 

  
 16 

 
securities issued by the Corporation are then listed and rating agency fees and the fees and expenses of any Person, including special experts, retained by the Corporation. 

(b) The Corporation shall not be required to pay (i) fees and disbursements of any counsel retained by any holder of Registrable
Securities or by any underwriter (except as set forth in Sections 7(a)(i)(B) and 7(a) (vii)), (ii) any underwriter’s fees (including discounts, commissions or fees of underwriters, selling brokers, dealer managers or similar securities
industry professionals) relating to the distribution of the Registrable Securities (other than with respect to Registrable Securities sold by the Corporation), or (iii) any other expenses of the holders of Registrable Securities not
specifically required to be paid by the Corporation pursuant to Section 7(a). 
 Section 8. Indemnification.

 (a) Indemnification by the Corporation. The Corporation shall, without limitation as to time, indemnify and hold
harmless, to the fullest extent permitted by law, each holder of Registrable Securities whose Registrable Securities are covered by a Registration Statement or Prospectus, the officers, directors, partners, members, managers, shareholders,
accountants, attorneys, agents and employees of each of them, each Person who controls each such holder (within the meaning of Section 15 of the Securities Act or Section 20 of the Exchange Act) and the officers, directors, partners,
members, managers, shareholders, accountants, attorneys, agents and employees of each such controlling person, each underwriter, if any, and each Person who controls (within the meaning of Section 15 of the Securities Act or Section 20 of
the Exchange Act) such underwriter, from and against any and all losses, claims, damages, liabilities, costs (including, without limitation, costs of preparation and reasonable attorneys’ fees and any legal or other fees or expenses incurred by
such party in connection with any investigation or Proceeding), expenses, judgments, fines, penalties, charges and amounts paid in settlement (collectively, “Losses”), as incurred, arising out of or based upon any untrue statement
(or alleged untrue statement) of a material fact contained in any Prospectus, offering circular, or other document (including any related Registration Statement, notification, or the like) incident to any such registration, qualification, or
compliance, or based on any omission (or alleged omission) to state therein a material fact required to be stated therein or necessary to make the statements therein not misleading, or any violation by the Corporation of the Securities Act or any
rule or regulation thereunder applicable to the Corporation and relating to action or inaction required of the Corporation in connection with any such registration, qualification, or compliance, and will reimburse each such holder, each of its
officers, directors, partners, members, managers, shareholders, accountants, attorneys, agents and employees and each person controlling such holder, each such underwriter, and each person who controls any such underwriter, for any legal and any
other expenses reasonably incurred in connection with investigating and defending or settling any such claim, loss, damage, liability, or action, provided that the Corporation will not be liable in any such case to the extent that any such claim,
loss, damage, liability, or expense arises out of or is based on any untrue statement or omission by such holder or underwriter, but only to the extent, that such untrue statement (or alleged untrue statement) or omission (or alleged omission) is
made in such Registration Statement, Prospectus, offering circular, or other document in reliance upon and in conformity with written information 

  
 17 

 
furnished to the Corporation by such holder. It is agreed that the indemnity agreement contained in this Section 8(a) shall not apply to amounts paid in settlement of any such loss, claim,
damage, liability, or action if such settlement is effected without the consent of the Corporation (which consent shall not be unreasonably withheld). 
 (b) Indemnification by Holder of Registrable Securities. In connection with any Registration Statement in which a holder of Registrable Securities is participating, such holder of Registrable
Securities shall furnish to the Corporation in writing such information as the Corporation reasonably requests for use in connection with any Registration Statement or Prospectus and agrees to indemnify, to the fullest extent permitted by law,
severally and not jointly, the Corporation, its directors and officers and each Person who controls the Corporation (within the meaning of Section 15 of the Securities Act and Section 20 of the Exchange Act), from and against all Losses
arising out of or based on any untrue statement of a material fact contained in any such Registration Statement, Prospectus, offering circular, or other document, or any omission to state therein a material fact required to be stated therein or
necessary to make the statements therein not misleading, and will reimburse the Corporation and such directors, officers, partners, members, managers, shareholders, accountants, attorneys, employees, agents, persons, underwriters, or control persons
for any legal or any other expenses reasonably incurred in connection with investigating or defending any such claim, loss, damage, liability, or action, in each case to the extent, but only to the extent, that such untrue statement or omission is
made in such Registration Statement, Prospectus, offering circular, or other document in reliance upon and in conformity with written information furnished to the Corporation by such holder expressly for inclusion in such Registration Statement,
Prospectus, offering circular or other document; provided, however, that the obligations of such holder hereunder shall not apply to amounts paid in settlement of any such claims, losses, damages, or liabilities (or actions in respect
thereof) if such settlement is effected without the consent of such holder (which consent shall not be unreasonably withheld); and provided, further, that the liability of each selling holder of Registrable Securities hereunder shall
be limited to the net proceeds received by such selling holder from the sale of Registrable Securities covered by such Registration Statement. 
 (c) Conduct of Indemnification Proceedings. If any Person shall be entitled to indemnity hereunder (an “indemnified party”), such indemnified party shall give prompt notice to the
party from which such indemnity is sought (the “indemnifying party”) of any claim or of the commencement of any Proceeding with respect to which such indemnified party seeks indemnification or contribution pursuant hereto;
provided, however, that the delay or failure to so notify the indemnifying party shall not relieve the indemnifying party from any obligation or liability except to the extent that the indemnifying party has been prejudiced by such
delay or failure. The indemnifying party shall have the right, exercisable by giving written notice to an indemnified party promptly after the receipt of written notice from such indemnified party of such claim or Proceeding, to, unless in the
indemnified party’s reasonable judgment a conflict of interest between such indemnified and indemnifying parties may exist in respect of such claim, assume, at the indemnifying party’s expense, the defense of any such claim or Proceeding,
with counsel reasonably satisfactory to such indemnified party; provided, however, that an indemnified party shall have the right to employ separate counsel in any such claim or Proceeding and to participate in the defense thereof, but
the fees and expenses of such counsel shall be at the expense of such indemnified party unless: (i) the indemnifying party agrees to pay such fees and expenses; or (ii) the indemnifying party fails promptly to assume, or in the event of

  
 18 

 
a conflict of interest cannot assume, the defense of such claim or Proceeding or fails to employ counsel reasonably satisfactory to such indemnified party; in which case the indemnified party
shall have the right to employ counsel and to assume the defense of such claim or Proceeding; provided, however, that the indemnifying party shall not, in connection with any one such claim or Proceeding or separate but substantially
similar or related claims or Proceedings in the same jurisdiction, arising out of the same general allegations or circumstances, be liable for the fees and expenses of more than one firm of attorneys (together with appropriate local counsel) at any
time for all of the indemnified parties, or for fees and expenses that are not reasonable. Whether or not such defense is assumed by the indemnifying party, such indemnified party will not be subject to any liability for any settlement made without
its consent (but such consent will not be unreasonably withheld). The indemnifying party shall not consent to entry of any judgment or enter into any settlement that does not include as an unconditional term thereof the giving by the claimant or
plaintiff to such indemnified party of a release, in form and substance reasonably satisfactory to the indemnified party, from all liability in respect of such claim or litigation for which such indemnified party would be entitled to indemnification
hereunder. 
 (d) Contribution. 

(i) If the indemnification provided for in this Section 8 is unavailable to an indemnified party in respect of any
Losses (other than in accordance with its terms), then each applicable indemnifying party, in lieu of indemnifying such indemnified party, shall contribute to the amount paid or payable by such indemnified party as a result of such Losses, in such
proportion as is appropriate to reflect the relative fault of the indemnifying party, on the one hand, and such indemnified party, on the other hand, in connection with the actions, statements or omissions that resulted in such Losses as well as any
other relevant equitable considerations. The relative fault of such indemnifying party, on the one hand, and indemnified party, on the other hand, shall be determined by reference to, among other things, whether any action in question, including any
untrue or alleged untrue statement of a material fact or omission or alleged omission to state a material fact, has been taken by, or relates to information supplied by, such indemnifying party or indemnified party, and the parties’ relative
intent, knowledge, access to information and opportunity to correct or prevent any such action, statement or omission. 
 (ii) The parties hereto agree that it would not be just and equitable if contribution pursuant to this Section 8(d) were determined by pro rata allocation or by any other method of allocation that
does not take account of the equitable considerations referred to in Section 8(d)(i). Notwithstanding the provisions of this Section 8(d), an indemnifying party that is a selling holder of Registrable Securities shall not be required to
contribute any amount in excess of the amount by which the net proceeds from the sale of the Registrable Securities sold by such indemnifying party exceeds the amount of any damages that such indemnifying party has otherwise been required to pay by
reason of such untrue or alleged untrue statement or omission or alleged omission. No person guilty of fraudulent 

  
 19 

 
misrepresentation (within the meaning of Section 11(f) of the Securities Act) shall be entitled to contribution from any Person who was not guilty of such fraudulent misrepresentation.

 (e) Conflict of Provisions. Notwithstanding the foregoing, to the extent that the provisions on indemnification and
contribution contained in the underwriting agreement entered into in connection with the underwritten public offering are in conflict with the foregoing provisions, the provisions in the underwriting agreement shall control. 

Section 9. Rule 144; Coordination. 
 (a) Rule 144 Sales. The Corporation shall (i) file the reports required to be filed by it under the Securities Act and the Exchange Act in a timely manner, (ii) take such further action
as any holder of Registrable Securities may reasonably request, and (iii) furnish to each holder of Registrable Securities forthwith upon written request, (x) a written statement by the Corporation as to its compliance with the reporting
requirements of Rule 144, the Securities Act and the Exchange Act, (y) a copy of the most recent annual or quarterly report of the Corporation, and (z) such other reports and documents so filed by the Corporation as such holder may
reasonably request in availing itself of Rule 144, all to the extent required from time to time to enable such holder to sell Registrable Securities without registration under the Securities Act within the limitations of the exemption provided by
Rule 144. Upon the request of any holder of Registrable Securities, the Corporation shall deliver to such holder a written statement as to whether it has complied with such requirements. 

(b) Permitted Public Transfers and Block Sales. No holder of Registrable Securities shall Transfer any or all of its Registrable
Securities pursuant to Rule 144, a block sale to a financial institution (other than pursuant to a Registration Statement) or in a private transfer pursuant to Sections 2.1.4 and 2.6 of the Investors Agreement, in each case other than in compliance
with Sections 9(c) and 9(d) hereof, as applicable. Registrable Securities Transferred pursuant to Rule 144 or in a block sale to a financial institution shall conclusively be deemed thereafter not to be Registrable Securities under this Agreement.

 (c) Public Transfers. From time to time, the Requisite Holders may determine to require the holders of Registrable
Securities to make reasonable efforts to coordinate their efforts to Transfer Registrable Securities pursuant to Rule 144 (“144 Coordination”) or to discontinue such requirement. As of the date of this Agreement, 144 Coordination
shall be required until such time, if ever, as the Requisite Holders provide a subsequent notice to the holders of Registrable Securities that such coordination is discontinued. Thereafter, the Requisite Holders may reinstitute and discontinue 144
Coordination from time to time by providing notice to the holders of Registrable Securities. 
 (i) For so long
as 144 Coordination is in effect, each holder of Registrable Securities shall promptly notify the Principal Investor Groups when it wishes to Sell Registrable Securities under Rule 144, provided, that for any given measurement period for purposes of
the Rule 144 group volume limit, except as provided in Section 9(c)(ii) or 9(f), no holder of Registrable Securities shall be 

  
 20 

 
permitted to effect Transfers in excess of their pro rata share (based on its percentage ownership of Registrable Securities held by all holders of Registrable Securities at the start of such
measurement period) of all Registrable Securities that may be Transferred by members of the Related Group during the applicable measurement period based on its percentage ownership of Registrable Securities held by all holders of Registrable
Securities at the start of such measurement period. In the event any holder of Registrable Securities agrees to forego its full pro rata share of the Rule 144 group volume limit by written notice to the Principal Investor Groups, the remainder shall
be re-allocated pro rata among the other holders of Registrable Securities in like manner (except that the Registrable Securities held by such forfeiting holder at the start of such measurement period shall be excluded from such calculation).

 (ii) The provisions of this Section 9(c) shall not apply to any Transfer of Registrable Securities
(i) in a Public Offering, (ii) to a Permitted Transferee in a transaction that does not rely on Rule 144 or (iii) at any time with respect to which 144 Coordination is not effective. 

(iii) Notwithstanding the foregoing, a holder of Registrable Securities may opt out of 144 Coordination with respect to
any period of time if such holder of Registrable Securities delivers a notice to the Principal Investor Groups irrevocably committing not to Transfer Registrable Securities pursuant to Rule 144 or a transaction described in Section 9(d) or 9(e)
during such period. 
 (d) Certain Other Transfers. Each holder of Registrable Securities (the “Initiating
Transferor”) shall notify the Principal Investor Groups (or, after the expiration of the term described in Section 9(h), the other holders of Registrable Securities) when it plans to Transfer any or all of its Registrable Securities
pursuant to (i) a block sale to a financial institution (other than pursuant to a Registration Statement), (ii) a private transfer pursuant to Section 2.1.4 of the Investors Agreement, or (iii) a transfer pursuant to
Section 2.6 of the Investors Agreement. 
 (e) Distributions to Partners, Members or Interest Holders. For so long
as 144 Coordination is effective, each holder of Registrable Securities shall provide reasonable prior notice to the Principal Investor Groups prior to any distribution by a holder of Registrable Securities to its partners, members, managers or
shareholders in accordance with such holder’s governing documents (a “LP Distribution”); provided, however, that any distribution by Freescale Holdings of Registrable Securities shall not be considered a LP Distribution for
purposes of this Agreement. 
 (f) Volume Limit. For purposes of this Agreement, so long as 144 Coordination is
effective, Transfers contemplated by Section 9(d)(i) and (ii), and LP Distributions, will be limited to the number of Registrable Securities that the applicable holder of Registrable Securities would have been permitted to Transfer under Rule
144 pursuant to the proviso in Section 9(c)(i), and will reduce for purposes of this Agreement, on a Registrable 

  
 21 

 
Security for Registrable Security basis, the number of Registrable Securities that such holder of Registrable Securities is permitted to sell under Rule 144, whether individually or as part of a
Related Group, whether or not such Transfer or LP Distribution is required by law to be so treated. In the event that, while 144 Coordination is in effect, any holder of Registrable Securities elects to make a Transfer contemplated by
Section 9(c)(i), or an LP Distribution, and provided that such Transfer or LP Distribution is not required by law to be taken into account for purposes of the Related Group’s volume limit under Rule 144, then each holder of Registrable
Securities’ (including the holder of Registrable Securities making such Transfer or LP Distribution) pro rata share of the Related Group’s volume limit for purposes of Section 9(d)(i) shall be increased by such holder of Registrable
Securities’ pro rata share of the Registrable Securities that such holder of Registrable Securities is no longer permitted to sell under Rule 144 pursuant to the first sentence of this Section 9(f). 

(g) No 144 Coordination. Subject, in all cases, to any applicable law, in the event that 144 Coordination is not in effect, no
holder of Registrable Securities shall, in a given calendar year, Transfer pursuant to Rule 144, in a block sale to a financial institution (other than pursuant to a Registration Statement) or in an LP Distribution, Registrable Securities
representing more than the lesser of (i) 2% of the total Registrable Securities outstanding on the first day of such calendar year and (ii) 20% of the total Registrable Securities owned by such holder of Registrable Securities on the first
day of such calendar year, in each case without the approval of a majority of the Principal Investor Directors, which such approval shall be granted or withheld with respect to all holders of Registrable Securities in a fair and equitable manner
over the course of such calendar year. 
 (h) Period. Except for Section 9(d), the provisions of Sections 9(a)
through 9(g) shall terminate with respect to any Registrable Security on the earlier of (i) the fifth anniversary of the closing of the Initial Public Offering and (ii) such time as the Principal Investor Groups, in the aggregate, own,
directly and through the Principal Investor Groups’ pro rata share of Freescale Holdings’ ownership in the Corporation, less than 20% of the then outstanding Registrable Securities. The Requisite Holders, in their sole discretion, may
elect to exclude any holder of Registrable Securities from the provisions of Sections 9(a) through 9(g) at any time. 
 Section
10. Underwritten Registrations. 
 (a) If any Demand Registration is an underwritten offering, the Requisite Holders
making the demand shall have the right to select the investment banker or investment bankers and managers to administer the offering, subject to approval by the Corporation, not to be unreasonably withheld. The Corporation shall have the right to
select the investment banker or investment bankers and managers to administer any Piggyback Registration. 
 (b) No Person may
participate in any underwritten registration hereunder unless such Person (i) agrees to sell the Registrable Securities it desires to have covered by the Registration Statement on the basis provided in any underwriting arrangements in

  
 22 

 
customary form and (ii) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements and other documents required under the terms of such underwriting
arrangements, provided that such Person shall not be required to make any representations or warranties other than those related to title and ownership of shares and as to the accuracy and completeness of statements made in a Registration Statement,
Prospectus, offering circular, or other document in reliance upon and in conformity with written information furnished to the Corporation or the managing underwriter by such Person. 

Section 11. Limitation on Subsequent Registration Rights. From and after the date of this Agreement the Corporation shall not,
without the prior written consent of the Requisite Holders, enter into any agreement with any holder or prospective holder of any securities of Freescale Holdings or the Corporation, as the case may be, giving such holder or prospective holder any
registration rights the terms of which are equivalent to or more favorable than the registration rights granted to holders of Registrable Securities hereunder, or which would reduce the amount of Registrable Securities the holders can include in any
Registration Statement filed pursuant to Section 3 hereof, unless such rights are subordinate to those of the holders of Registrable Securities. 
 Section 12. Miscellaneous. 
 (a) Withdrawal from Agreement. On
and after the first date on which the Principal Investor Groups own, directly and through their respective pro rata shares of Freescale Holdings’ ownership in the Corporation, less than 50% of the outstanding shares of Common Stock owned by all
Principal Investor Groups, directly and through their respective pro rata shares of Freescale Holdings’ ownership in the Corporation, immediately prior to the Initial Public Offering, any owner of shares of Common Stock that, together with its
Affiliates, owns, directly and through such owner’s pro rata share of Freescale Holdings’ ownership in the Corporation, less than one percent (1%) of the then outstanding shares of Common Stock may elect (on behalf of itself and all
of its Affiliates that own shares of Common Stock), by written notice to the board of directors of the Corporation and the Principal Investor Groups, to (i) withdraw all shares of Common Stock owned, directly and through such owner’s pro
rata share of Freescale Holdings’ ownership in the Corporation, by such owner and all of its Affiliates from this Agreement and the Investors Agreement (shares of Common Stock withdrawn pursuant to this clause (i), the “Withdrawn
Securities”) and (ii) terminate this Agreement with respect to such owner and its Affiliates (owners and Affiliates withdrawing pursuant to this clause (ii), the “Withdrawing Holders”). From the date of delivery of
such withdrawal notice, the Withdrawn Securities shall cease to be Securities subject to this Agreement and the Investors Agreement and, if applicable, the Withdrawing Holders shall cease to be parties to this Agreement and the Investors Agreement
and shall no longer be subject to the obligations of this Agreement or the Investors Agreement or have rights under this Agreement or the Investors Agreement; provided, however, that the Withdrawing Holders shall nonetheless be obligated under
Section 4 of the Investors Agreement with respect to any Pending Underwritten Offering (as defined in the Investors Agreement) to the same extent that they would have been obligated if they had not withdrawn. 

  
 23 

 (b) Amendments and Waivers. The provisions of this Agreement, including the
provisions of this sentence, may not be amended, modified or supplemented, and waivers or consents to departures from the provisions hereof may not be given without the written consent of the Requisite Holders, Freescale Holdings and the
Corporation; provided, however, that in no event shall the obligations of any holder of Registrable Securities be materially increased or the rights of any such holder be adversely affected (without similarly adversely affecting the
rights of all such holders), except upon the written consent of such holder. Notwithstanding the foregoing, a waiver or consent to depart from the provisions hereof with respect to a matter that relates exclusively to the rights of holders of
Registrable Securities whose securities are being sold pursuant to a Registration Statement and that does not directly or indirectly affect the rights of other holders of Registrable Securities may be given by holders of at least a majority of the
Registrable Securities being sold by such holders pursuant to such Registration Statement. 
 (c) Notices. All notices
required to be given hereunder shall be in writing and shall be deemed to be duly given if personally delivered, telecopied and confirmed, or mailed by certified mail, return receipt requested, or overnight delivery service with proof of receipt
maintained, at the following address (or any other address that any such party may designate by written notice to the other parties): 
 If to the Corporation or Freescale Holdings, to the address of its principal executive offices. If to any other Shareholder, at such Shareholder’s address as set forth on the records of the
Corporation. Any such notice shall, if delivered personally, be deemed received upon delivery; shall, if delivered by telecopy, be deemed received on the first business day following confirmation; shall, if delivered by overnight delivery service,
be deemed received the first business day after being sent; and shall, if delivered by mail, be deemed received upon the earlier of actual receipt thereof or five business days after the date of deposit in the United States mail. 

(d) Successors and Assigns; Shareholder Status. This Agreement shall inure to the benefit of and be binding upon the successors
and permitted assigns of each of the parties, including subsequent holders of Registrable Securities acquired, directly or indirectly, from a Shareholder, including pursuant to a distribution from Freescale Holdings or another Shareholder (including
upon liquidation thereof); provided, however, that such successor or assign shall not be entitled to such rights unless the successor or assign, unless already a Shareholder hereunder, shall have executed and delivered to the
Corporation an Addendum Agreement substantially in the form of Exhibit A hereto (which shall also be executed by the Corporation) promptly following the acquisition of such Registrable Securities, in which event such successor or assign shall
be deemed a Shareholder for purposes of this Agreement and Annex A shall be updated by the Corporation accordingly. Nothing expressed or mentioned in this Agreement is intended or shall be construed to give any Person other than the parties
hereto and their respective successors and permitted assigns any legal or equitable right, remedy or claim under, in or in respect of this Agreement or any provision herein contained. 

(e) Counterparts. This Agreement may be executed in two or more counterparts, each of which shall be deemed an original, but all
of which together shall constitute one and the same instrument. 

  
 24 

 (f) Headings. The section and paragraph headings contained in this Agreement are for
reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. 
 (g) Governing
Law. This Agreement and all claims arising out of or based upon this Agreement or relating to the subject matter hereof 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 laws provision or rule that would cause the application of the domestic substantive laws of any other jurisdiction. 
 (h) Severability. If any term, provision, covenant or restriction of this Agreement is held by a court of competent jurisdiction to be invalid, illegal, void or unenforceable, the remainder of the
terms, provisions, covenants and restrictions set forth herein shall remain in full force and effect and shall in no way be affected, impaired or invalidated, and the parties hereto shall use their best efforts to find and employ an alternative
means to achieve the same or substantially the same result as that contemplated by such term, provision, covenant or restriction. It is hereby stipulated and declared to be the intention of the parties that they would have executed the remaining
terms, provisions, covenants and restrictions without including any of such that may be hereafter declared invalid, illegal, void or unenforceable. 
 (i) Entire Agreement. This Agreement, the Investors Agreement, the Shareholders’ Agreements and the Partnership Agreement are intended by the parties as a final expression of their agreement,
and are intended to be a complete and exclusive statement of the agreement and understanding of the parties hereto in respect of the subject matter contained herein and therein. There are no restrictions, promises, warranties or undertakings, other
than those set forth or referred to herein or therein, with respect to the registration rights granted by the Corporation with respect to Registrable Securities. This Agreement, the Investors Agreement, the Shareholders’ Agreements and the
Partnership Agreement supersede all prior agreements and understandings between the parties with respect to such subject matter. 
 (j) Securities Held by the Corporation or its subsidiaries. Whenever the consent or approval of holders of a specified percentage of Registrable Securities is required hereunder, Registrable
Securities held by the Corporation or its subsidiaries shall not be counted in determining whether such consent or approval was given by the holders of such required percentage. 

(k) Specific Performance. The parties hereto recognize and agree that money damages may be insufficient to compensate the holders
of any Registrable Securities for breaches by the Corporation of the terms hereof and, consequently, that the equitable remedy of specific performance of the terms hereof will be available in the event of any such breach. 

(l) Consent to Jurisdiction. All actions arising out of or relating to this Agreement shall be heard and determined exclusively
in any New York state or federal court sitting in the Borough of Manhattan in The City of New York. The parties hereto hereby (a) submit to the exclusive jurisdiction of any state or federal court sitting in the Borough of Manhattan of The City
of New York for the purpose of any action arising out of or relating to this Agreement brought by any party hereto, and (b) irrevocably waive, and agree not to assert by 

  
 25 

 
way of motion, defense, or otherwise, in any such action, any claim that it is not subject personally to the jurisdiction of the above-named courts, that its property is exempt or immune of from
attachment or execution, that the action is brought in an inconvenient forum, that the venue of the action is improper, or that this Agreement or the transactions contemplated hereby may not be enforced in or by any of the above-named courts.

 (m) WAIVER OF JURY TRIAL. TO THE EXTENT NOT PROHIBITED BY APPLICABLE LAW WHICH CANNOT BE WAIVED, EACH PARTY HERETO HEREBY
WAIVES AND COVENANTS THAT IT WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE) ANY RIGHT TO TRIAL BY JURY IN ANY FORUM IN RESPECT OF ANY ISSUE OR ACTION, CLAIM, CAUSE OF ACTION OR SUIT (IN CONTRACT, TORT OR OTHERWISE), INQUIRY,
PROCEEDING OR INVESTIGATION ARISING OUT OF OR BASED UPON THIS AGREEMENT OR THE SUBJECT MATTER HEREOF OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE TRANSACTIONS CONTEMPLATED HEREBY, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER
ARISING. EACH PARTY HERETO ACKNOWLEDGES THAT IT HAS BEEN INFORMED BY THE OTHER PARTIES HERETO THAT THIS SECTION 12(m) CONSTITUTES A MATERIAL INDUCEMENT UPON WHICH THEY ARE RELYING AND WILL RELY IN ENTERING INTO THIS AGREEMENT AND THE TRANSACTIONS
CONTEMPLATED HEREBY. ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 12(m) WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF EACH SUCH PARTY TO THE WAIVER OF ITS RIGHT TO TRIAL BY JURY. 

  
 26 

 IN WITNESS WHEREOF, the parties hereto have caused this Registration Rights Agreement to be
duly executed as of the date first above written. 
 [SIGNATURE PAGES FOLLOW AT THE END OF THE DOCUMENT] 

 Annex A 
 SHAREHOLDERS 
 List of Shareholders 

Blackstone Capital Partners (Cayman) V L.P. 

Blackstone Capital Partners (Cayman) V-A L.P. 

BCP (Cayman) V-S L.P. 
 Blackstone Family
Investment Partnership (Cayman) V L.P. 
 Blackstone Family Investment Partnership (Cayman) V-A L.P. 

Blackstone Participation Partnership (Cayman) V L.P. 
 Carlyle Partners IV Cayman 
 CPIV Coinvestment Cayman 

Carlyle Asia Partners II 
 CAP II Co-Investment

 CEP II Participations 
 Carlyle Japan
Partners 
 CJP Co-Investment 
 P4 Sub
L.P.1 
 Permira IV L.P.2 
 Permira
Investments Limited 
 P4 Co-Investment L.P. 
 TPG Partners IV — AIV, L.P. 
 TPG Partners V — AIV, L.P. 

TPG FOF V-A, L.P. 
 TPG FOF V-B, L.P. 

Wilshire Private Markets Short Duration Fund I, L.P. 
 Wilshire U.S. Private Markets Fund VII, L.P. 
 Uberior Co-Investments Limited 

Partners Group Access III, L.P. 
 A.S.F.
Co-Investment Partners III, L.P. 
 European Strategic Partners 
 European Strategic Partners Scottish B 
 European Strategic Partners Scottish C 

European Strategic Partners 1-LP 
 ESP
Co-investment Limited Partnership 
 ESP II Conduit LP 
 ESP 2004 Conduit LP 
 ESP 2006 Conduit LP 
 ESP Tidal Reach LP 
 Edcastle Limited Partnership 

 List of Shareholders 
 North American Strategic Partners, L.P. 
 Rose Nominees Limited a/c 21425 

Performance Direct Investments II L.P. 

HarbourVest Partners VIII-Buyout Fund L.P. 

HarbourVest Partners 2004 Direct Fund L.P. 

Hamilton Lane Co-Investment Fund L.P. 
 BCP V
Co-Investors (Cayman) L.P. 
 Blackstone Firestone Transaction Participation Partners (Cayman) L.P. 

Blackstone Firestone Principal Transaction Partners (Cayman) L.P. 
 GGC Investments II BVI, LP
 GGC Investments II-A Adjunct BVI, LP

GGC Investment Fund II (AI), LP 
 GGC Investment
Fund II-A (AI), LP 
 GGC Associates II-QP, LLC 
 GGC Associates II-AI, LLC
 CCG AV, LLC-series C

CCG AV, LLC-series A
 CCG AV, LLC-series
I
 Battery Ventures VII, L.P. 

Battery Investment Partners VII, LLC 
 William
Bradford 
 Alan Campbell 
 Richard
Chambers 
 Sandeep Chennakeshu 
 Sam
Coursen 
 Paul E. Grimme 
 Denis Griot

 Gregory Heinlein 
 Carl J. Johnson

 Michel Mayer 
 Janelle Monney

 Jignasha Patel 
 Alexander Pepe

 David Perkins 
 Sumit Sadana

 Tsuneo Takahashi 
 Saied Tehrani

 John Torres 
 Kurt Twining

 Suresh Venkatesan 

  
 2 

 List of Shareholders 
 Joseph Tin Chong Yiu 
 Steve Kaufman 
 Richard Beyer 

  
 3 

 EXHIBIT A 

ADDENDUM AGREEMENT 
 This Addendum Agreement is made this              day of
                                         
       , 20    , by and between
                                         
        (the “New Shareholder”) and Freescale Semiconductor Holdings I, Ltd. (the “Corporation”), pursuant to a Registration Rights Agreement dated as of
[        ], 2011 (the “Agreement”), between and among the Corporation and the Shareholders. Capitalized terms used herein but not otherwise defined herein shall have the meanings ascribed to them in
the Agreement. 
 WITNESSETH: 
 WHEREAS, the Corporation has agreed to provide registration rights with respect to the Registrable Securities as set forth in the Agreement; and 

WHEREAS, the New Shareholder has acquired Registrable Securities directly or indirectly from a Shareholder; and 

WHEREAS, the Corporation and the Shareholders have required in the Agreement that all persons desiring registration rights must enter
into an Addendum Agreement binding the New Shareholder to the Agreement to the same extent as if it were an original party thereto; 
 NOW, THEREFORE, in consideration of the mutual promises of the parties, the New Shareholder acknowledges that it has received and read the Agreement and that the New Shareholder shall be bound by, and
shall have the benefit of, all of the terms and conditions set out in the Agreement to the same extent as if it were an original party to the Agreement and shall be deemed to be a Shareholder thereunder. 

[Amend Annex A of Agreement if necessary to reflect appropriate schedule for new Shareholder.] 

 

					
		 		 	  

		 		 	New Shareholder
	Address:	 		 	
	  
	 		 	
	  
	 		 	

  

  
 Exhibit A-1

 AGREED TO on behalf of Freescale Semiconductor Holdings I, Ltd. pursuant to
Section 12(d) of the Agreement. 
  

			
	FREESCALE SEMICONDUCTOR
HOLDINGS I, LTD.
		
	By:	 	  

	Name:
	Title:

  
 Exhibit A-2Form of Shareholders Agreement

 Exhibit 10.51 

 
  
 SHAREHOLDERS’ AGREEMENT 
 of 

FREESCALE SEMICONDUCTOR HOLDINGS I, LTD. 
 Dated as of [—], 2011 
  

 

 TABLE OF CONTENTS 

 

							
	 	 	 	  	Page	 
		
	 ARTICLE I DEFINITIONS AND CONSTRUCTION
	  	 	1	  
	 1.1
	 	Definitions	  	 	1	  
	 1.2
	 	Construction	  	 	1	  
		
	 ARTICLE II REPRESENTATIONS AND WARRANTIES
	  	 	2	  
	 2.1
	 	Representations and Warranties	  	 	2	  
		
	 ARTICLE III BOARD OF DIRECTORS
	  	 	3	  
	 3.1
	 	Composition of the Board of Directors	  	 	3	  
		
	 ARTICLE IV REQUIRED APPROVALS
	  	 	6	  
	 4.1
	 	Actions that Require Majority Sponsor Approval	  	 	6	  
		
	 ARTICLE V AFFILIATE TRANSACTIONS
	  	 	9	  
	 5.1
	 	Sponsor Transactions	  	 	9	  
	 5.2
	 	Board Approval	  	 	9	  
	 5.3
	 	Restriction on Amendment of Sponsor Transaction Provisions	  	 	9	  
		
	 ARTICLE VI CORPORATE OPPORTUNITIES
	  	 	9	  
	 6.1
	 	Business Opportunities	  	 	9	  
	 6.2
	 	Exclusion of Affiliates and Portfolio Companies	  	 	10	  
		
	 ARTICLE VII INFORMATION
	  	 	10	  
	 7.1
	 	Information	  	 	10	  
	 7.2
	 	Permitted Shared Information	  	 	10	  
	 7.3
	 	Confidentiality	  	 	10	  
	 7.4
	 	Public Announcements	  	 	11	  
		
	 ARTICLE VIII FEES AND EXPENSES
	  	 	11	  
	 8.1
	 	Fees	  	 	11	  
	 8.2
	 	Expenses	  	 	11	  
		
	 ARTICLE IX TERMINATION
	  	 	11	  
	 9.1
	 	Termination of Agreement	  	 	11	  
	 9.2
	 	Termination with respect to Sponsors	  	 	11	  
		
	 ARTICLE X MISCELLANEOUS
	  	 	11	  
	 10.1
	 	Notices	  	 	11	  
	 10.2
	 	Entire Agreement	  	 	12	  
	 10.3
	 	Effect of a Waiver of Consent	  	 	12	  
	 10.4
	 	Amendment or Restatement	  	 	12	  
	 10.5
	 	Binding Effect	  	 	13	  
	 10.6
	 	Third Parties	  	 	13	  

							
	 10.7
	 	Assignment	  	 	13	  
	 10.8
	 	Specific Performance	  	 	13	  
	 10.9
	 	Fiduciary Duties; Exculpation Clause	  	 	14	  
	 10.10
	 	No Recourse	  	 	14	  
	 10.11
	 	Governing Law; Severability; Limitation of Liability	  	 	14	  
	 10.12
	 	Applicable Law	  	 	16	  
	 10.13
	 	Further Assurances	  	 	16	  
	 10.14
	 	Several Obligations	  	 	16	  
	 10.15
	 	Counterparts	  	 	16	  
	 10.16
	 	VCOC	  	 	16	  
	 10.17
	 	Scope of Agreement	  	 	16	  
			
	 EXHIBIT A
	 	DEFINED TERMS	  	 	A-1	  
		
	 SCHEDULE I

SCHEDULE II
 SCHEDULE III

SCHEDULE IV
 SCHEDULE V
	  			

  
 ii 

 INDEX OF DEFINED TERMS 

 

					
	 Affiliate
	  	 	A-1	  
	 Agreement
	  	 	A-1	  
	 Audit Committee
	  	 	5	  
	 Bermuda Companies Act
	  	 	A-1	  
	 Blackstone Investors
	  	 	A-1	  
	 Board
	  	 	A-1	  
	 Board Committees
	  	 	5	  
	 Board Independence Requirements
	  	 	3	  
	 Bye-laws
	  	 	A-1	  
	 Carlyle Investors
	  	 	A-1	  
	 Change of Control
	  	 	A-2	  
	 Closing Date
	  	 	A-2	  
	 Company
	  	 	A-2	  
	 Compensation Committee
	  	 	5	  
	 Confidential Information
	  	 	A-2	  
	 Controlled Company
	  	 	A-2	  
	 Creditors’ Rights
	  	 	A-2	  
	 Damages
	  	 	A-2	  
	 Director
	  	 	A-2	  
	 Effective Time
	  	 	A-2	  
	 Exchange Act
	  	 	A-2	  
	 Finance Committee
	  	 	5	  
	 Governing Documents
	  	 	A-2	  
	 Governmental Authority
	  	 	A-2	  
	 Information
	  	 	A-3	  
	 Initial Public Offering
	  	 	A-3	  
	 Initial Shareholder
	  	 	1	  
	 Insider Trading Policy
	  	 	A-3	  
	 Investor
	  	 	A-3	  
	 Investors Agreement
	  	 	A-3	  
	 Law
	  	 	A-3	  
	 Majority Sponsor Approval
	  	 	A-3	  
	 Memorandum
	  	 	A-3	  
	 Nominating and Corporate Governance Committee
	  	 	5	  
	 Officer
	  	 	A-3	  
	 Parties
	  	 	1	  
	 Permira Investors
	  	 	A-4	  
	 Permitted Transferee
	  	 	A-4	  
	 Person
	  	 	A-4	  
	 Public Offering
	  	 	A-4	  
	 Registration Rights Agreement
	  	 	A-4	  
	 Representatives
	  	 	A-4	  
	 Resign, Resigning or Resignation
	  	 	A-4	  
	 SEC
	  	 	A-4	  

  
 iii

					
	 Securities Act
	  	 	A-4	  
	 Shares
	  	 	A-5	  
	 Sponsor
	  	 	1	  
	 Sponsor Designees
	  	 	3	  
	 Sponsor Transaction
	  	 	A-5	  
	 Sponsors
	  	 	A-5	  
	 Subsidiary
	  	 	A-5	  
	 TPG Investors
	  	 	A-5	  
	 Transfer
	  	 	A-5	  
	 VCOC Investor
	  	 	A-5	  
	 Warrant
	  	 	A-5	  

  
 iv 

 SHAREHOLDERS’ AGREEMENT 

This SHAREHOLDERS’ AGREEMENT (the “Agreement”) is dated as of
[—], 2011, by and among Freescale Holdings L.P., an exempted limited partnership established under the laws of the Cayman Islands (the “Initial Shareholder”), Freescale Semiconductor
Holdings I, Ltd., a Bermuda exempted limited liability company (the “Company”), each of the Blackstone Investors (as defined herein), each of the Carlyle Investors (as defined herein), each of the Permira Investors (as defined
herein); and each of the TPG Investors (as defined herein). Each of the TPG Investors, the Blackstone Investors, the Carlyle Investors and the Permira Investors are collectively referred to herein as the “Sponsors”, and each of
them is referred to as a “Sponsor”). The Sponsors, the Initial Shareholder and the Company are collectively referred to herein as the “Parties,” and each of them is referred to as a “Party.”
This Agreement shall become effective upon the Effective Time. 
 RECITALS 

WHEREAS, immediately after the Closing Date, the Initial Shareholder will hold Shares (as hereinafter defined), and the Sponsors will
hold limited partnership interests in the Initial Shareholder; and 
 WHEREAS, subject to the terms and conditions herein, the
Parties desire to enter into this Agreement to provide for certain rights and obligations of the Parties. 
 NOW THEREFORE, in
consideration of the foregoing and of the mutual covenants and agreements set forth herein and for good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the Parties hereto hereby agree as follows: 

ARTICLE I 

DEFINITIONS AND CONSTRUCTION 
 1.1 Definitions. Capitalized terms used in this Agreement but not defined in the body hereof shall have the meanings ascribed to them in Exhibit A. 

1.2 Construction. Unless the context requires otherwise: (a) pronouns in the masculine, feminine and neuter genders shall be
construed to include any other gender, and words in the singular form shall be construed to include the plural and vice versa, (b) the term “including” shall be construed to be expansive rather than limiting in nature and to mean
“including, without limitation,” (c) references to Articles and Sections refer to Articles and Sections of this Agreement, (d) the words “this Agreement,” “herein,” “hereof,” “hereby,”
“hereunder” and words of similar import refer to this Agreement as a whole, including the 

  
 1 

 
Exhibits and Schedules attached hereto, and not to any particular subdivision unless expressly so limited, and (e) references to Exhibits and Schedules are to the items identified separately
in writing by the parties hereto as the described Exhibits or Schedules attached to this Agreement, each of which is hereby incorporated herein and made a part hereof for all purposes as if set forth in full herein. 

ARTICLE II 

REPRESENTATIONS AND WARRANTIES 
 2.1 Representations and Warranties. Each Party hereto represents and warrants to each other Party that, as of the date hereof: 

2.1.1 Such Party has full power and authority to execute and deliver this Agreement and to perform its obligations hereunder, and the
execution, delivery and performance by such Party of this Agreement have been duly authorized by all necessary action; 
 2.1.2
This Agreement has been duly and validly executed and delivered by such Party and constitutes the binding obligation of such Party enforceable against such Party in accordance with its terms, subject to Creditors’ Rights; 

2.1.3 The execution, delivery, and performance by such Party of this Agreement will not, with or without the giving of notice or the
lapse of time, or both, (i) violate any provision of Law to which such Party is subject, (ii) violate any order, judgment, or decree applicable to such Party, or (iii) conflict with, or result in a breach or default under, any term or
condition of any agreement or other instrument to which such Party is a party or its Governing Documents, certificate of incorporation or by-laws, certificate of limited partnership or partnership agreement, or certificate of formation or limited
liability company agreement, as applicable, except where such conflict, breach or default would not reasonably be expected to, individually or in the aggregate, have a materially adverse effect on such Party’s ability to satisfy its obligations
hereunder; and 
 2.1.4 No consent, approval, permit, license, order or authorization of, filing with, or notice or other
action to, with or by any Governmental Authority or any other Person, is necessary, on the part of such Party to perform its obligations hereunder or to authorize the execution, delivery and performance by such Party of its obligations hereunder,
except where such consent, approval, permit, license, order, authorization, filing or notice would not reasonably be expected to, individually or in the aggregate, have an adverse effect on such Party’s ability to satisfy its obligations
hereunder or any agreement or other instrument of such Party. 

  
 2 

 ARTICLE III 
 BOARD OF DIRECTORS 
 3.1 Composition of the Board of Directors. 

3.1.1 The Board of Directors of the Company (the “Board”) shall be composed as follows: 

 

	 	(a)	For so long as the Company is a Controlled Company, the Board shall be composed of not more than twelve (12) individuals (each, a “Director”), and
will be composed as follows: 

  

	 	(i)	Eight (8) individuals shall be nominated by the Board upon the direction of the Initial Shareholder, of which each of the Blackstone Investors, the Carlyle
Investors, the Permira Investors and the TPG Investors shall have the right, but not the obligation, to designate two (2) directors (collectively, the “Sponsor Designees,” and each individually, a “Sponsor
Designee”); 

  

	 	(ii)	One (1) director shall be the Chief Executive Officer of the Company in office from time to time; and 

 

	 	(iii)	Such number of additional directors nominated by the Board, acting upon the recommendation of the Nomination and Corporate Governance Committee, that meet the then
current standards to qualify as an independent director under the Exchange Act and established national securities exchange on which the Shares are then listed for trading so that the Board and the members of the board committees contemplated by
Section 3.1.5 hereof satisfy the applicable “independence” requirements (the “Board Independence Requirements”). 

  

	 	(b)	For so long as (x) the Company is not a Controlled Company and (y) the Initial Shareholder and the Sponsors beneficially own in the aggregate at least 20% of
the issued and outstanding Shares of the Company, the Board will be composed as follows: 

  

	 	(i)	 Four (4) individuals shall be nominated by the Board at the direction of the Initial Shareholder, of which each of the Sponsors

  
 3 

	 	 
shall have the right, but not the obligation, to nominate one (1) Sponsor Designee to the Board; provided, however, that any Sponsor whose Ownership Percentage is less than 2.8% shall not
have the right to nominate a Sponsor Designee pursuant to this Section 3.1.1(b)(i); 

  

	 	(ii)	One (1) director shall be the Chief Executive Officer of the Company in office from time to time; and 

 

	 	(iii)	Such number of additional directors nominated by Board, acting upon the recommendation of the Nominating and Corporate Governance Committee so that the Board and its
committees satisfy then applicable Board Independence Requirements. 

  

	 	(c)	At such time as the Initial Shareholder and the Sponsors beneficially own in the aggregate less than 20% of the issued and outstanding Shares of the Company, each of
the Sponsors whose Ownership Percentage is at least 5% shall have the right, but not the obligation, to nominate one (1) Sponsor Designee and any remaining directors shall be nominated by the Board acting upon the recommendation of the
Nominating and Corporate Governance Committee so that the Board and its committees satisfy then applicable Board Independence Requirements. 

  

	 	(d)	To the extent that issued and outstanding Shares of the Company held by the Initial Shareholder are distributed to the Sponsors, each Sponsor with a right to direct the
Initial Shareholder to nominate a director shall have the right, but not the obligation, to nominate such director directly. 

 For purposes of this Section 3.1.1, each Sponsor may nominate any individual as its Sponsor Designee, regardless of whether such individual is considered an independent director or is affiliated with
such Sponsor. 
 3.1.2 Removal, Resignation, Vacancies. 

 

	 	(a)	 Generally. In the event that a vacancy is created on the Board by the death, disability, retirement, Resignation or removal (with or without
cause) of a Sponsor Designee elected pursuant to Section 3.1.1, or if a Sponsor Designee is otherwise unable to serve for any reason prior to the expiration of his or her term as a director, then, subject to Section 3.1.2(b), the Governing
Documents and applicable Law, the Sponsor who nominated such Sponsor Designee to the Board shall be entitled to nominate a replacement to the Board, and the Initial Shareholder and the Company shall exercise all authority under applicable Law to
give effect to this Section 3.1.2. Subject to Section 3.1.2, the Governing 

  
 4 

	 	 
Documents and applicable Laws, each Sponsor Designee may be removed by, and only by, the affirmative vote or written consent of the Sponsor who designated such Sponsor Designee. If, prior to his
or her election to the Board, any person is unable or unwilling to serve as a Sponsor Designee, then the applicable Sponsor shall, subject to Section 3.1.2, be entitled to designate a replacement. If any Sponsor entitled to designate a person
to fill any directorship fails to do so, then such directorship shall remain vacant until filled by such Sponsor. If the Initial Shareholder or a Sponsor is entitled to nominate one or more Sponsor Designees, and the Initial Shareholder or such
Sponsor provides written notice to the Company of its desire to remove one of its Sponsor Designees from the Board, (i) the Initial Shareholder or such Sponsor shall take all reasonable action necessary to procure that such Sponsor Designee
resigns from the Board and (ii) if such Sponsor Designee will not resign, the Initial Shareholder or such Sponsor agrees that it shall take all reasonable action necessary to effect such removal as promptly as practicable on request. Without
limiting the preceding provisions, neither the Initial Shareholder nor any Sponsor shall be entitled to nominate for removal, appointment or re-appointment any Director except for such Director that it is entitled to nominate for removal,
appointment or re-appointment pursuant to the provisions of this Section 3.1.2. 

  

	 	(b)	Vacancies upon a Reduction in Ownership Percentage. To the extent that, pursuant to Section 3.1.1, there is any reduction in the number of Sponsor Designees
that the Initial Shareholder and the Sponsor is entitled to nominate, then the Initial Shareholder and the Sponsor shall send a written notice to the Secretary of the Company stating the name of the Sponsor Designee to be removed from the Board and,
upon receipt of such notice by the Secretary of the Company (or, in the event such notice is not delivered within ten (10) days after written request from the Company, such selection of a Sponsor Designee shall be made by the Company), such
Sponsor Designee shall be removed from the Board, and the vacancy or vacancies created thereby (and, thereafter, any vacancies created in that particular directorship) shall be filled by a person designated by the Board upon the recommendation of
the Nominating and Corporate Governance Committee. 

 3.1.3 Committees of the Board. 

 

	 	(a)	Board Committees. The Board will have an audit committee (the “Audit Committee”), a nominating and corporate governance committee (the
“Nominating and Corporate Governance Committee”), a compensation committee (the “Compensation Committee”), a finance committee (the “Finance Committee”) and any other ad-hoc or standing committees
that the Board decides to establish. All of these committees are collectively referred to as the “Board Committees”. 

  
 5 

	 	(b)	Subject to compliance with the Board Independence Requirements, the members of the Board Committees shall be designated by the Board from among the Directors, provided
that no Board Committee shall be comprised of more than one Sponsor Designee of a particular Sponsor. Each Sponsor who has at least one Sponsor Designee on the Board and who does not have a Sponsor Designee on a particular Board Committee is
entitled to designate an “observer” on such Board Committee. As of the Closing Date, the members of the Audit Committee are set forth on Schedule II, the members of the Nominating and Corporate Governance Committee are set forth on
Schedule III, the members of the Compensation Committee are set forth on Schedule IV, and the members of the Finance Committee are set forth on Schedule V. 

 

	 	(c)	The Board shall appoint a member of each Board Committee as its chairman. 

  

	 	(d)	The powers and responsibilities of each of the Board Committees shall be as set forth in the Governing Documents. 

3.1.4 Cooperation by Initial Shareholder, Sponsors and the Company. The Company agrees to include in the slate of nominees
recommended by the Board, acting on the recommendation of the Nominating and Corporate Governance Committee, the persons nominated pursuant to this Article III and to use its best efforts to cause the election of each such nominees to the Board,
including nominating, recommending election and electing such individuals as Directors as provided herein. Each of the Initial Shareholder, the Sponsors and the Company agree to take such action, or refrain from taking such action, as is within its
reasonable control to effect the provisions of this Section 3.1 and to ensure that the Governing Documents do not, from time to time or at any time, conflict with the provisions of Section 3.1, including causing any Director nominated
thereby to take or refrain from taking action for the foregoing purpose. Each of the Initial Shareholder and the Sponsors, as applicable, hereby agrees to take all actions necessary to call, or cause the Company, the Officers or the Directors to
call, a special or annual meeting of the shareholders of the Company and to vote all Shares owned or held of record by such Party at any such annual or special meeting in favor of, or take all actions by written consent in lieu of any such meeting
necessary to cause, the election as Directors of the Board of those individuals so designated in accordance with, and otherwise to effect the intent of Section 3.1. 
 ARTICLE IV 
 REQUIRED APPROVALS 

4.1 Actions that Require Majority Sponsor Approval. In addition to any other approval required by the Governing Documents or by
applicable Law, and until such time as the Company is no longer a Controlled Company, Majority Sponsor Approval shall be required for the Company or any of its Subsidiaries to take any of the following actions, and the Company and its Subsidiaries
shall not take any of the following actions without Majority Sponsor Approval: 

  
 6 

	 	(a)	Change of Control. Enter into or effect a Change of Control. 

  

	 	(b)	Certain Dispositions. Directly or indirectly, enter into or effect any transaction or series of related transactions, involving the sale, lease, license,
exchange or other disposal (including by merger, amalgamation, consolidation, sale of stock or sale of assets) by the Company or any of its direct or indirect Subsidiaries of any assets (including equity interests in any Person and any licenses)
having a fair market value or for consideration having a fair market value (in each case as reasonably determined by the Board) in excess of $150,000,000, other than transactions solely between and among the Company and its wholly owned
Subsidiaries. 

  

	 	(c)	Certain Acquisitions and Joint Ventures. Enter into or effect (i) any transaction or series of related transactions involving the purchase, rent, lease,
license, exchange or other acquisition (whether by merger, consolidation, acquisition of stock or acquisition of assets) by the Company or any of its direct or indirect Subsidiaries of any assets and equity securities of any Person for consideration
or (ii) any joint venture or similar business alliance involving investment, contribution or disposition by the Company or any of its direct or indirect Subsidiaries of assets (including stock of Subsidiaries), in the case of each of
(i) and (ii), having a fair market value (as reasonably determined by the Board) in excess of $150,000,000, other than transactions solely between and among the Company and its wholly owned Subsidiaries. 

 

	 	(d)	Certain Indebtedness. Other than borrowings under any debt agreement which was previously approved by Majority Sponsor Approval, authorize or permit the Company
or any of its direct or indirect Subsidiaries to (i) incur (or extend, supplement or otherwise modify any of the material terms of) any indebtedness (other than intercompany indebtedness among the Company or any of its direct or indirect
Subsidiaries), assume, guarantee, endorse or otherwise as an accommodation become responsible for the indebtedness of any other Person (provided that the Company or any of its direct or indirect Subsidiaries may provide cross-guarantees for any
indebtedness that has been approved under this Section 4.1(d)), issue any debt securities, enter into any agreement under which it may incur indebtedness or issue debt securities in the future, in an aggregate amount in excess of $250,000,000
for all such matters or (ii) make any loan, advance or capital contribution to any Person (other than the Company or any of its direct or indirect Subsidiaries), in each case outstanding at any time, in an aggregate amount in excess of
$150,000,000 for all such matters. 

  

	 	(e)	 Equity Issuances. Authorize, create or issue any equity securities of the Company or any of its direct or indirect Subsidiaries (except as may
be issued to the Company or any of its wholly owned Subsidiaries), issue any options or rights to acquire any equity securities of the Company or any of its direct or indirect

  
 7 

	 	 
Subsidiaries or grant any registration rights in respect of any such securities, options or rights, except for (i) equity securities issued in any Public Offering approved pursuant to
Section 4.1(g) or (ii) equity securities, options or rights to acquire equity securities and piggyback registration rights issued or granted pursuant to management and employee incentive plans approved by the Board, (iii) shares of
common stock of the Company issued pursuant to the Warrant, or (iv) other issuances (other than to current or former employees, consultants or directors) of equity securities or options or rights to acquire equity securities with a value (as
reasonably determined by the Board) not in excess of $25,000,000 in the aggregate. 

  

	 	(f)	Nature of Business. Make any material change in the nature of the business conducted by the Company and its direct or indirect Subsidiaries.

  

	 	(g)	Public Offering. Register any equity securities of the Company under the Securities Act in connection with, or consummate, a Public Offering; provided, however,
that no such approval shall be required for the inclusion of any Registrable Securities (as defined in the Registration Rights Agreement) in any registration statement relating to a Public Offering pursuant to the exercise by the holders thereof of
piggyback registration rights under Section 4 of the Registration Rights Agreement, if applicable. 

  

	 	(h)	Chief Executive Officer. Hire or remove, with or without cause, or enter into, renew, retain, materially modify (including a change in responsibilities) or
terminate any employment contract with, the chief executive officer of the Company from time to time. 

  

	 	(i)	Jurisdiction of Incorporation. Authorize or commit to any change in the jurisdiction of incorporation of the Company. 

 

	 	(j)	Commencement or Settlement of Litigation. Commencement, settlement or compromise of any litigation, proceeding or investigation with a cost or expected value
(for any individual matter or group of related matters) of more than $50,000,000 or payment, discharge, settlement or satisfaction of any claims, liabilities or obligations (other than obligations under contracts relating to the operation of the
business of the Company and its direct or indirect Subsidiaries) in excess of $50,000,000 (for any individual matter or group of related matters). 

  

	 	(k)	 Dissolution; Liquidation; Reorganization; Bankruptcy. Dissolve, liquidate or engage in any recapitalization or reorganization of the Company or
any Subsidiary or initiate a voluntary liquidation, dissolution, receivership, 

  
 8 

	 	 
bankruptcy or other insolvency proceeding involving the Company or any direct or indirect Subsidiary. 

 

	 	(l)	Change in Board Size. Increase or decrease the number of directors on the Board. 

ARTICLE V 

AFFILIATE TRANSACTIONS 
 5.1 Sponsor Transactions. In addition to any approval required by Section 4.1, any Sponsor Transaction shall require the approval of a majority of the Directors and any Director who is a
Sponsor Designee shall abstain from the vote of the Board on any Sponsor Transaction in respect of which such Sponsor Designee’s nominating Sponsor or any Affiliate thereof is a party. 

5.2 Board Approval. If the Board, having consulted U.S. and Bermuda counsel, reasonably believes that a particular Sponsor
Transaction would require the approval of the Directors who are not Sponsor Designees, then on or following the Board’s approval of the Sponsor Transaction the Board shall take all reasonable steps to obtain the approval of such Directors.

 5.3 Restriction on Amendment of Sponsor Transaction Provisions. Each of the Sponsor Designees agrees that it will not
amend, modify or waive Section 5.1, unless such amendment, modification or waiver is approved by each Sponsor Designee; provided, that any amendment to the definitions used in Section 5.1 (only to the extent any such amendment would have
an effect contrary to the intent set forth in the section) shall also require the consent of each Sponsor Designee. 
 ARTICLE VI

 CORPORATE OPPORTUNITIES 
 6.1 Business Opportunities. Each Sponsor shall have the right to, and shall have no duty not to, engage in the same or similar business activities or lines of business as the Company, including
those deemed to be competing with the Company, and in the event that a Sponsor (or any of its Affiliates) acquires knowledge of a potential transaction or matter that may be a corporate opportunity for the Company, the Sponsor shall have no duty
(contractual or otherwise) to communicate or present such corporate opportunity to the Company and shall not be liable for breach of any duty (contractual or otherwise) by reason of the fact that the Sponsor (or any of its Affiliates) 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. Notwithstanding the foregoing, to the extent that a Sponsor acquires knowledge of a
potential transaction or matter that may be a corporate opportunity for the Company, as a result of an employee or agent of such Sponsor (or any of its Affiliates) acting in his or her capacity as a Director or as an officer of the Company, then the
Sponsor will present such opportunity to the Company and may not pursue such opportunity for itself, or direct such opportunity to another person, unless the Company has declined to pursue such opportunity. 

  
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 6.2 Exclusion of Affiliates and Portfolio Companies. Notwithstanding anything herein
to the contrary, Section 6.1 shall not apply to non-fund Affiliates or portfolio companies of any Sponsor. 
 ARTICLE VII

 INFORMATION 
 7.1 Information. Each of the Sponsors acknowledges that the Company is a publicly listed company and as such is bound by various laws regarding the provision of information, including the rules and
regulations of the SEC, the established national securities exchange on which the Shares are then listed for trading and the Bermuda Companies Act. The Company has also adopted the Insider Trading Policy. Each Sponsor shall, and such Sponsor shall
use its reasonable best efforts to cause its Representatives to, comply at all times with such laws, rules and regulations and the Company’s Insider Trading Policy. Subject to any changes required by changes in applicable law, the Parties agree
that any amendments to the Insider Trading Policy shall remain consistent with the terms of, and not be averse to the rights of the Sponsors promulgated under, this Agreement. 
 7.2 Permitted Shared Information. Subject to the foregoing, each Sponsor is entitled to the same Information and Confidential Information (as defined below) as provided to its respective Sponsor
Designee, subject to maintenance of adequate procedures to prevent such information from being used in connection with the purchase or sale of securities of the Company or its direct or indirect Subsidiaries in violation of applicable Law.

 7.3 Confidentiality. Each Sponsor agrees to hold in strict confidence all Information furnished to it (collectively,
“Confidential Information”). Confidential Information shall not include any information that (i) is or becomes generally available to the public other than as a result of an unauthorized disclosure by a Sponsor, (ii) is or
becomes available to a Sponsor or any of its Representatives on a non-confidential basis from a third party source (other than any other Sponsor or its Representatives), which source, to the best knowledge of such Sponsor (after reasonable inquiry),
is not bound by a duty of confidentiality to the Company in respect of such Confidential Information or (iii) is independently developed by a Sponsor. Subject to applicable Law, each Sponsor may disclose any Confidential Information to its
Representatives (a) to the extent necessary or appropriate in connection with its investment in the Company or for evaluating and preparing disclosure pursuant to clause (b) below in the case of professional advisers and agents and to any
Affiliate, partner or member of such Sponsor in the ordinary course of business, provided that each of such Representatives shall be bound by the provisions of this Section 7.3 and shall, if requested by the Company, sign an undertaking
agreeing to be bound by this Section 7.3 prior to receiving any Confidential Information, (b) to the extent necessary for a Sponsor to enforce its rights under this Agreement, the other agreements entered into in connection herewith and
under the Governing Documents or (c) as may otherwise be required by Law (including reporting under securities Laws and governmental filings); provided that such Sponsor takes reasonable steps to minimize the extent of any such required
disclosure, including using reasonable best efforts to obtain a protective order in any legal proceeding, and provide the Company with notice describing the disclosure that was or is to be made. If a Sponsor or any of its Representatives is required
by Law or regulation or any legal or judicial process to disclose any Confidential Information, or 

  
 10 

 
disclosure of Confidential Information is requested by any Governmental Authority having authority over such Sponsor, such Sponsor shall promptly notify the Company and the other Sponsors of such
requirement so that the Company may at its own expense oppose such requirement or seek a protective order and request confidential treatment thereof. If such Sponsor or any of its Representatives is nonetheless required, or such a request
nonetheless remains outstanding, to disclose any such Confidential Information, such Sponsor or its Representative may disclose such portion of such Confidential Information without liability hereunder. 

7.4 Public Announcements. No public announcement or press release concerning the business of the Company or its direct or indirect
Subsidiaries or this Agreement or any of its provisions shall be made by any Party (or any Affiliate thereof) that is not the Company, without the prior consent of the Board, which may also be given in general terms with respect to categories of
announcements. This provision shall not prohibit any public announcement or press release required to be made by any applicable Laws. 
 ARTICLE VIII 
 FEES AND EXPENSES 

8.1 Fees. No Sponsor Designee shall receive any director’s or Board fee unless and to the extent the Board determines
otherwise, in which case any such fees shall be within the framework of the directors’ compensation policy approved from time to time by the Board. 
 8.2 Expenses. Sponsor Designees and each Sponsor’s directors, managers, officers, partners, members, principals, and employees shall be entitled to reimbursement of all out-of-pocket travel
and related expenses incurred by such Sponsor Designees and each Sponsor’s directors, managers, officers, partners, members, principals, and employees in connection with their attendance at Board and Board Committee meetings. 

ARTICLE IX 

TERMINATION 
 9.1
Termination of Agreement. This Agreement shall terminate and be of no further force or effect upon the earlier of (i) the written agreement of all of the Parties hereto or (ii) such date as the last Sponsor ceases to have an
Ownership Percentage of at least 2.8%. 
 9.2 Termination with respect to Sponsors. At the time any Sponsor ceases to
have an Ownership Percentage of at least 2.8%, such Sponsor shall cease to be a party to this Agreement and shall no longer be bound by this Agreement. 
 ARTICLE X 
 MISCELLANEOUS 

10.1 Notices. 
 10.1.1 Except as expressly set forth to the contrary in this Agreement, all notices, requests or consents provided for or required to be given hereunder shall be in writing

  
 11 

 
and shall be deemed to be duly given if personally delivered, telecopied and confirmed, or mailed by certified mail, return receipt requested, or nationally recognized overnight delivery service
with proof of receipt maintained, at the following addresses (or any other address that any such Party may designate by written notice to the other Parties): 
  

	 	(a)	if to the Company, at the address of its principal executive offices; and 

  

	 	(b)	if to a Sponsor, to the address given for the Sponsor in the books and records of the Company. 

Any such notice shall, if delivered personally, be deemed received upon delivery; shall, if delivered by telecopy, be deemed received on
the first business day following confirmation; shall, if delivered by nationally recognized overnight delivery service, be deemed received the first business day after being sent; and shall, if delivered by mail, be deemed received upon the earlier
of actual receipt thereof or five business days after the date of deposit in the United States mail. 
 10.1.2 Whenever any
notice is required to be given by Law, the Governing Documents or this Agreement, a written waiver thereof, signed by the Person entitled to notice, whether before or after the time stated therein, shall be deemed equivalent to the giving of such
notice. 
 10.2 Entire Agreement. This Agreement, the Governing Documents, Registration Rights Agreement, and the
Investors Agreement constitute the entire agreement of the Sponsors and their Affiliates relating to the Company and supersede all prior contracts or agreements with respect to the Company, whether oral or written. 

10.3 Effect of a Waiver of Consent. A waiver or consent, express or implied, to or of any breach or default by any Person in the
performance by that Person of its obligations with respect to the Company is not a consent or waiver to or of any other breach or default in the performance by that Person of the same or any other obligations of that Person with respect to the
Company. Failure on the part of a Person to complain of any act of any Person or to declare any Person in default with respect to the Company, irrespective of how long that failure continues, does not constitute a waiver by that Person of its rights
with respect to that default until the applicable statute-of-limitations period has run. 
 10.4 Amendment or
Restatement. 
 10.4.1 Amendment of Governing Documents. The Parties agree that any amendments to the Governing
Documents shall remain consistent with the terms of, and not be adverse to the rights of the Sponsors promulgated under, this Agreement. 
 10.4.2 Amendment of the Agreement. This Agreement (including any Exhibit or Schedule hereto) may be amended, supplemented or otherwise modified only by a

  
 12 

 
written instrument executed by the Company and each Sponsor which has an Ownership Percentage of at least 2.8% provided that (x) the Parties agree to amend, supplement or otherwise modify
this Agreement as may be necessary to comply with the Laws, regulations and rules of the established national securities exchange on which the Shares are then listed for trading, National Association of Securities Dealers’ automated quotation
system and, for a Public Offering in a jurisdiction other than the United States, any regulated national securities exchange of such jurisdiction, (y) any amendment that disproportionately affects any Sponsor or adversely imposes any additional
material obligations on a particular Sponsor shall require the consent of such Sponsor and (z) any amendment to Section 10.4.1 or Article VII that affects any Sponsor shall require the consent of such Sponsor. No waiver by any Party of any
of the provisions hereof will be effective unless explicitly set forth in writing and executed by the Party so waiving. Except as set forth in the preceding sentence, no action taken pursuant to this Agreement, including any investigation by or on
behalf of any Party, will be deemed to constitute a waiver by the Party taking such action or compliance with any covenants or agreements contained herein. The waiver by any Party hereto of a breach of any provision of this Agreement will not
operate or be construed as a waiver of any subsequent breach. 
 10.5 Binding Effect. This Agreement shall be binding
upon and shall inure to the benefit of each Party and their respective heirs, permitted successors, permitted assigns, permitted distributees and legal representatives; and by their signatures hereto, each Party intends to and does hereby become
bound. 
 10.6 Third Parties. Nothing expressed or mentioned in this Agreement is intended or shall be construed to give
any Person other than the parties hereto and their respective permitted successors and assigns any legal or equitable right, remedy or claim under, in or in respect of this Agreement or any provision herein contained. 

10.7 Assignment. Except as permitted in this Agreement, the rights and obligations under this Agreement may not be Transferred by
any Sponsor hereto, in whole or in part, to any Person that is not a Sponsor or an Affiliate of a Sponsor, and any purported Transfer without such consent shall be void and unenforceable. Without prior Majority Sponsor Approval, the rights and
obligations under this Agreement of any other Party hereto may not be Transferred, and any purported Transfer without such approval shall be void and unenforceable. The rights and obligations hereunder, including without obligation the right to
nominate, designate or appoint any member of any of the Board or any Board Committee, or remove any such nominee, designee or appointee, are personal to each Sponsor entitled to do so hereunder and may not be assigned to any Person except with prior
Majority Sponsor Approval, provided that each Sponsor shall be permitted to assign any such right to one or more of its Affiliates. 
 10.8 Specific Performance. Each Party acknowledges and agrees that money damages would not be a sufficient remedy for any breach of the provisions of this Agreement. In the event of a breach of
this Agreement by a Party which breach threatens irreparable harm to any other Party, such non-breaching Party may seek specific enforcement or injunctive relief from any court of competent jurisdiction, which remedies shall not limit, but shall be
in addition to, all other remedies that the non-breaching Parties may have at law or in equity. 

  
 13 

 10.9 Fiduciary Duties; Exculpation Clause. To the maximum extent permitted by Law, no
Sponsor shall have a fiduciary or similar duty to the other Sponsors, to the Initial Shareholder, the Company, any of its Subsidiaries or to any shareholder, creditor, employee or other stakeholder of the Initial Shareholder, the Company or any of
its Subsidiaries, and each Sponsor and the Initial Shareholder hereby waives any claim relating to a breach of fiduciary or similar duty it has or may have in connection with any action or inaction by any Sponsor Designee. Without limiting the
foregoing, to the maximum extent permitted by Law, none of the Sponsors and none of the representatives, nominees, designees shall have any liability for breach or alleged breach of fiduciary or similar duty to the Sponsors, to the Initial
Shareholder, the Company and its Subsidiaries or to any shareholder, creditor, employee or other stakeholder of any member of the Initial Shareholder, the Company or its Subsidiaries and is and shall be fully exculpated from all such liability. Each
of the Parties hereby waives any and all claims it has or may have relating to any such breach or alleged breach of fiduciary or similar duty. The foregoing shall not be deemed to limit the obligations of the Sponsors under this Agreement.

 10.10 No Recourse. Notwithstanding anything that may be expressed or implied in this Agreement, the Company, the
Initial Shareholder and each Sponsor covenant, agree and acknowledge that no recourse under this Agreement or any documents or instruments delivered in connection with this Agreement shall be had against any current or future director, officer,
employee, general or limited partner, shareholder, holder of beneficial interest or member of any Sponsor or of any Affiliate or assignee thereof, as such, whether by the enforcement of any assessment or by any legal or equitable proceeding, or by
virtue of any statute, regulation or other applicable law, it being expressly agreed and acknowledged that no personal liability whatsoever shall attach to, be imposed on or otherwise be incurred by any current or future officer, agent or employee
of any shareholder or any current or future member of any Sponsor or any current or future director, officer, employee, partner, shareholder, holder of beneficial interest or member of any Sponsor or of any Affiliate or assignee thereof, as such,
for any obligation of any Sponsor under this Agreement or any documents or instruments delivered in connection with this Agreement for any claim based on, in respect of or by reason of such obligations or their creation. 

10.11 Governing Law; Severability; Limitation of Liability. 

10.11.1 This Agreement and all claims arising out of or based upon this Agreement or relating to the subject matter hereof shall be
governed by and construed in accordance with the domestic substantive Laws of the State of Delaware, except to the extent that the matter in question is mandatorily required to be governed by Bermuda Law, in which case, subject to
Section 10.11.4, it will be governed by the applicable provisions of such Law. 
 10.11.2 All actions arising out of or
relating to this Agreement shall be heard and determined exclusively in any New York state or federal court sitting in the Borough of Manhattan in The City of New York or in any Delaware state or federal court sitting in city of Wilmington. The
parties hereto hereby (a) submit to the exclusive jurisdiction of any state or federal court sitting in either the Borough of Manhattan of The City of New York or Wilmington, Delaware for the purpose of any action arising out of or relating to
this Agreement brought by 

  
 14 

 
any party hereto, and (b) irrevocably waive, and agree not to assert by way of motion, defense, or otherwise, in any such action, any claim that it is not subject personally to the
jurisdiction of the above-named courts, that its property is exempt or immune of from attachment or execution, that the action is brought in an inconvenient forum, that the venue of the action is improper, or that this Agreement or the transactions
contemplated hereby may not be enforced in or by any of the above-named courts. 
 10.11.3 TO THE EXTENT NOT PROHIBITED BY
APPLICABLE LAW WHICH CANNOT BE WAIVED, EACH PARTY HERETO HEREBY WAIVES AND COVENANTS THAT IT WILL NOT ASSERT (WHETHER AS PLAINTIFF, DEFENDANT OR OTHERWISE) ANY RIGHT TO TRIAL BY JURY IN ANY FORUM IN RESPECT OF ANY ISSUE OR ACTION, CLAIM, CAUSE OF
ACTION OR SUIT (IN CONTRACT, TORT OR OTHERWISE), INQUIRY, PROCEEDING OR INVESTIGATION ARISING OUT OF OR BASED UPON THIS AGREEMENT OR THE SUBJECT MATTER HEREOF OR IN ANY WAY CONNECTED WITH OR RELATED OR INCIDENTAL TO THE TRANSACTIONS CONTEMPLATED
HEREBY, IN EACH CASE WHETHER NOW EXISTING OR HEREAFTER ARISING. EACH PARTY HERETO ACKNOWLEDGES THAT IT HAS BEEN INFORMED BY THE OTHER PARTIES HERETO THAT THIS SECTION 10.11.3 CONSTITUTES A MATERIAL INDUCEMENT UPON WHICH THEY ARE RELYING AND WILL
RELY IN ENTERING INTO THIS AGREEMENT AND THE TRANSACTIONS CONTEMPLATED HEREBY. ANY PARTY HERETO MAY FILE AN ORIGINAL COUNTERPART OR A COPY OF THIS SECTION 10.11.3 WITH ANY COURT AS WRITTEN EVIDENCE OF THE CONSENT OF EACH SUCH PARTY TO THE WAIVER OF
ITS RIGHT TO TRIAL BY JURY. 
 10.11.4 In the event of a direct conflict between the provisions of this Agreement and
(i) any provision of the Governing Documents, or (ii) any mandatory, non-waivable provision of the Bermuda Companies Act, such provision of the Governing Documents or the Bermuda Companies Act shall control. If any provision of the Bermuda
Companies Act provides that it may be varied or superseded by an agreement of the Initial Shareholder and the Sponsors or otherwise, such provision shall be deemed superseded and waived in its entirety if this Agreement contains a provision
addressing the same issue or subject matter. 
 10.11.5 If any provision of this Agreement is held to be illegal, invalid or
unenforceable under present or future Laws effective during the term of this Agreement, such provision shall be fully severable; this Agreement shall be construed and enforced as if such illegal, invalid, or unenforceable provision had never
comprised a part of this Agreement; and the remaining provisions of this Agreement shall remain in full force and effect and shall not be affected by the illegal, invalid or unenforceable provision or by its severance from this Agreement.
Furthermore, in lieu of each such illegal, invalid or unenforceable provision, there shall be added automatically as a part of this Agreement a provision as similar in terms to such illegal, invalid or unenforceable provision as may be possible and
be legal, valid and enforceable. 

  
 15 

 10.11.6 No Party hereto shall be liable to any of the other such Persons for punitive,
special, exemplary or consequential Damages, including Damages for loss of profits, loss of use or revenue or losses by reason of cost of capital, arising out of or relating to this Agreement or the transactions contemplated hereby, regardless of
whether based on contract, tort (including negligence), strict liability, violation of any applicable deceptive trade practices act or similar Law or any other legal or equitable principle, and each Party releases each other Party from liability for
any such Damages. 
 10.12 Applicable Law. The Parties acknowledge that in certain instances a provision of this
Agreement may not be enforceable or that its enforceability may be limited by applicable Law. Nevertheless, the Parties agree that they intend to be bound by the terms of this Agreement and, if any provision is held to be unenforceable, the Parties
agree to use their reasonable efforts to implement an alternative enforcement mechanism that would effect, as closely as possible, the intent of the Parties as reflected in or provided by the unenforceable provision. Moreover, each Party agrees
that, if any corporate formality or other procedure is not expressly mandated by Law or the provisions of this Agreement to be taken by the Parties but the enforceability of any provision of this Agreement would be enhanced if the Parties act in
accordance with such corporate formality or other procedure, the Parties agree to act in accordance with such corporate formality or other procedure to the extent recommended by counsel to the Company and its Subsidiaries in the relevant
jurisdiction. 
 10.13 Further Assurances. The Parties will sign such further documents, cause such further meetings to
be held, adopt such resolutions and do and perform and cause to be done such further acts and things as may be necessary in order to give full effect to this Agreement, the transactions contemplated by this Agreement and every provision thereof.

 10.14 Several Obligations. The obligations of each of the Parties under this Agreement shall be several and not joint.

 10.15 Counterparts. This Agreement may be executed in any number of counterparts (including facsimile counterparts),
all of which together shall constitute a single instrument. 
 10.16 VCOC. In the event that the Company ceases to
qualify as an “operating company” as defined in the first sentence of 29 C.F.R. Section 2510.3-101(c), then the Parties shall cooperate in good faith to take all reasonable action necessary to provide that the investment (or at least
51% of the investment, valued at cost) of each Sponsor or its shareholders, that qualifies as a “venture capital operating company” as defined in 29 C.F.R. Section 2510.3-101(d) (each a “VCOC Investor“) shall continue
to qualify as a “venture capital investment” within the meaning of 29 C.F.R. Section 2510.3-101(d). 
 10.17
Scope of Agreement. For purposes of this Agreement, Shares shall include (i) Shares which the Initial Shareholder and the Sponsors own as of the date hereof, (ii) any of the Company’s capital stock issued to the Initial
Shareholder or the Sponsors or which the Initial Shareholder or the Sponsors may hereafter acquire after the date of this Agreement, and (iii) all other securities of the Company which may be issued in exchange for or in respect of shares of

  
 16 

 
capital stock beneficially owned by the Initial Shareholder or the Sponsors (whether by way of stock split, stock dividend, combination, reclassification, reorganization, or any other means).

 [Signature pages follow] 

  
 17 

 IN WITNESS WHEREOF, the Company, the Initial Shareholder and the Sponsors have executed this
Agreement as of the date first set forth above: 
 [SIGNATURE PAGES FOLLOW AT THE END OF THE DOCUMENT] 

 EXHIBIT A 
 DEFINED TERMS 
 “Affiliate,” shall mean, (a) with
respect to any Sponsor, any other Person Controlled directly or indirectly by such Sponsor, Controlling directly or indirectly such Sponsor or directly or indirectly under the same Control as such Sponsor, or, in each case, a successor entity to
such Sponsor; provided, however, that Affiliate shall not include the Initial Shareholder or any of its direct and indirect subsidiaries or any other portfolio companies of the relevant Sponsor or its Affiliates; and provided further, for the
avoidance of doubt, that all of the funds included in the definition of any Investor shall in any event be considered Affiliates of each other fund of such Investor; and (b) with respect to any Person who is not a Sponsor, another Person
Controlled directly or indirectly by such first Person, Controlling directly or indirectly such first Person or directly or indirectly under the same Control as such first person (for the purposes of this definition, “Control” (including,
with correlative meanings, the terms “Controlling,” “Controlled by” and “under common Control with”), as used with respect to any Person, means the possession, directly or indirectly, of the power to direct or cause the
direction of the management or policies of such Person, whether through the ownership of voting securities, by agreement or otherwise). 
 “Agreement” shall have the meaning set forth in the Preamble. 

“Bermuda Companies Act” means the Bermuda Companies Act 1981 and any successor statute, as amended from time to time.

 “Blackstone Investors” shall mean, as of any date, Blackstone Capital Partners (Cayman) V L.P., Blackstone
Capital Partners (Cayman) V-A L.P., BCP (Cayman) V-S L.P., Blackstone Family Investment Partnership (Cayman) V L.P., Blackstone Family Investment Partnership (Cayman) V-A L.P., Blackstone Participation Partnership (Cayman) V L.P., BCP V Co-Investors
(Cayman) L.P., Blackstone Firestone Transaction Participation Partners (Cayman) L.P., and Blackstone Firestone Principal Transaction Partners (Cayman) L.P., and their respective Permitted Transferees, in each case only if such Person then owns,
directly or through such Person’s pro rata share of the Initial Shareholder’s ownership in the Company, any Shares. 

“Board” shall have the meaning set forth in Section 3.1. 

“Bye-laws” shall mean the bye-laws of the Company, as amended from time to time. 

“Carlyle Investors” shall mean, as of any date, Carlyle Partners IV Cayman, LP, CPIV Coinvestment Cayman, LP, Carlyle
Asia Partners II, LP, CAP II Co-Investment, LP, CEP II Participations, S.a r.l. SICAR, Carlyle Japan Partners, L.P., and CJP Co-Investment, L.P., and their respective Permitted Transferees, in each case only if such Person then owns, directly or
through such Person’s pro rata share of the Initial Shareholder’s ownership in the Company, any Shares. 

  
 A-1

 “Change of Control” shall mean any transaction or series of related
transactions (whether by merger, consolidation or sale or transfer of the Shares or assets (including stock of its Subsidiaries), or otherwise) as a result of which a Person or group (within the meaning of Section 13(d)(3) of the Exchange Act)
that is not one of the Sponsors (or any Affiliate of such Sponsor, or any officer, director, or employee of such Sponsor or its Affiliates) obtains beneficial ownership, directly or indirectly, (i) of Shares which represent more then 50% of the
total voting power in the Company or (ii) by lease, license, sale or otherwise, of all or substantially all of the assets of the Company and its Subsidiaries on a consolidated basis. 

“Closing Date” shall mean the date of the closing of the sale of shares of Shares to the underwriters in the Initial
Public Offering; 
 “Company” shall have the meaning set forth in the Preamble. 

“Confidential Information” shall have the meaning specified in Section 7.3. 

“Controlled Company” shall mean a company of which more than 50% of the voting power is beneficially owned by the
Initial Shareholder and the Sponsors. 
 “Creditors’ Rights” means applicable bankruptcy, insolvency or
other similar Laws relating to or affecting the enforcement of creditors’ rights generally and to general principles of equity. 
 “Damages” means all losses, costs, liabilities, damages, and expenses (including costs of suit and reasonable attorney’s fees). 

“Director” shall have the meaning set forth in Section 3.1. 

“Effective Time” shall mean the closing of the Initial Public Offering. 

“Exchange Act” shall mean the U.S. Securities Exchange Act of 1934, as amended, or any similar federal statute then in
effect, and a reference to a particular section thereof shall be deemed to include a reference to the comparable section, if any, of any such similar federal statute. 
 “Governing Documents” shall mean the Memorandum and Bye-laws. 

“Governmental Authority” means any: (i) nation, state, commonwealth, province, territory, county, municipality,
district or other jurisdiction of any nature; (ii) federal, state, local, municipal, foreign or other government; or (iii) governmental or quasi governmental authority of any nature (including any governmental division, department, agency,
commission, instrumentality, official, organization, unit, body or entity and any court or other tribunal). 

  
 A-2

 “Information” shall mean the books and records of the Company or any of its
direct or indirect Subsidiaries and information relating to their respective properties, operations, financial condition and affairs. 
 “Initial Public Offering” shall mean the initial underwritten Public Offering of the Company registered on Form S-1 (or any successor form under the Securities Act and the rules
promulgated thereunder, as amended from time to time). 
 “Insider Trading Policy” shall mean the insider
trading policy in the agreed form, to be adopted by the Board on behalf of the Company and its direct and indirect Subsidiaries. 
 “Investor” means the Blackstone Investors, the Carlyle Investors, the Permira Investors and the TPG Investors or any member thereof. 

“Investors Agreement” shall mean the Amended and Restated Investors Agreement by and among Freescale Holdings L.P.,
Freescale Semiconductor Holdings I, Ltd., Freescale Semiconductor Holdings II, Ltd., Freescale Semiconductor Holdings III, Ltd., Freescale Semiconductor Holdings IV Ltd., Freescale Semiconductor Holdings V, Inc., Freescale Semiconductor Inc. and
Certain Freescale Holdings L.P. Investors and Certain Stockholders of Freescale Semiconductor Holdings I, Ltd., dated as of the date hereof. 
 “Law” means any applicable constitutional provision, statute, act, code (including the United States Internal Revenue Code of 1986, as amended from time to time), law, regulation, rule,
ordinance, order, decree, ruling, proclamation, resolution, judgment, decision, declaration, or interpretative or advisory opinion or letter of a Governmental Authority and shall include, for the avoidance of any doubt, the Bermuda Companies Act.

 “Majority Sponsor Approval” shall mean the written approval of a majority of the Sponsors acting through the
Sponsor Designees. For purposes of Majority Sponsor Approval, each Sponsor’s Sponsor Designees shall be entitled to one vote regardless of the actual number of Sponsor Designees a Sponsor has available for consideration and voting on such
matters. 
 “Memorandum” shall mean the Memorandum of Association of the Company, as amended from time to time.

 “Officer” means any Person designated as an officer of the Company, but such term does not include any
Person who has ceased to be an officer of the Company. 
 “Ownership Percentage” means, as of any date of
determination, the quotient of (i) the sum of (x) the number of Shares a Sponsor owns directly or indirectly, or with respect to which such Sponsor has, directly or indirectly, the authority and power to vote pursuant to a power
of attorney, proxy or otherwise (in each case excluding the Shares owned by the Initial Shareholder in (y) below); and (y) the number of Shares representing such Sponsor’s pro rata share of the Shares owned, directly or
indirectly, by the Initial Shareholder, divided by (ii) the total issued and outstanding Shares as of such date of determination, expressed as a percentage. 

  
 A-3

 “Permira Investors” shall mean, as of any date, Permira IV L.P.2, Permira
Investments Limited, P4 Co-Investment L.P. and P4 Sub L.P.1, Uberior Co-Investments Limited, European Strategic Partners, European Strategic Partners Scottish B, European Strategic Partners Scottish C, European Strategic Partners 1-LP, ESP
Co-investment Limited Partnership, ESP II Conduit LP, ESP 2004 Conduit LP, ESP 2006 Conduit LP, ESP Tidal Reach LP, Edcastle Limited Partnership, North American Strategic Partners, L.P., Rose Nominees Limited a/c 21425, A.S.F. Co-Investment Partners
III, L.P., Wilshire U.S. Private Markets Fund VII, L.P., Wilshire Private Markets Short Duration Fund I, L.P. and Partners Group Access III, L.P., Inc., and their respective Permitted Transferees, in each case only if such Person then owns, directly
or through such Person’s pro rata share of the Initial Shareholder’s ownership in the Company, any Shares. 

“Permitted Transferee” shall mean, in respect of any Person, (i) any Affiliate of such Person, or (ii) any
successor entity or with respect to a Person organized as a trust, any successor trustee or co-trustee of such trust. In addition, any Person shall be a Permitted Transferee of the Permitted Transferees of itself and any member of a Sponsor shall be
a Permitted Transferee of any other member of such Sponsor. 
 “Person” shall mean any natural person,
corporation, limited partnership, general partnership, limited liability company, joint stock company, joint venture, association, company, estate, trust, bank trust company, land trust, business trust, or other organization, whether or not a legal
entity, custodian, trustee-executor, administrator, nominee or entity in a representative capacity and any government or agency or political subdivision thereof. 
 “Public Offering” shall mean a public offering and sale of equity securities for cash pursuant to an effective registration statement under the Securities Act and the rules promulgated
thereunder, as amended from time to time. 
 “Registration Rights Agreement” shall mean the Amended and
Restated Registration Rights Agreement by and among Freescale Holdings L.P., Freescale Semiconductor Holdings I, Ltd., and Certain Freescale Holdings L.P. Investors, dated as of the date hereof. 

“Representatives” shall mean such Sponsor’s respective directors, managers, officers, partners, members,
principals, employees, professional advisers and agents. 
 “Resign, Resigning or Resignation” means the
resignation, withdrawal or retirement of a Director from the Board. 
 “SEC” means the Securities and Exchange
Commission under the Securities Exchange Act of 1934. 
 “Securities Act” means the U.S. Securities Act of
1933, as amended, or any similar federal statute then in effect, and a reference to a particular section thereof shall be deemed to include a reference to the comparable section, if any, of any such similar federal statute. 

  
 A-4

 “Shares” means common shares, par value $0.[—] per share, of the Company. 
 “Sponsors” shall have the meaning
set forth in the Preamble. 
 “Sponsor Transaction” means any transaction involving the Company or any of its
Subsidiaries, on the one hand, and any of the Sponsors or their Affiliates, on the other hand, with a cost or expected value of $5,000,000 or more. 
 “Subsidiary” of a Person means (i) any corporation or other entity a majority of the capital stock of which having ordinary voting power to elect a majority of the board of directors
or similar body performing such governance functions is at the time owned, directly or indirectly, with power to vote, by such Person or any direct or indirect Subsidiary of such Person or (ii) a partnership in which such Person or any direct
or indirect Subsidiary is a general partner. 
 “TPG Investors” shall mean, as of any date, TPG Partners IV
— AIV, L.P., TPG Partners V — AIV, L.P., TPG FOF V-A, L.P. and TPG FOF V-B, L.P., and their respective Permitted Transferees, in each case only if such Person then owns, directly or through such Person’s pro rata share of the Initial
Shareholder’s ownership in the Company, any Shares. 
 “Transfer” shall mean any sale, pledge, assignment,
encumbrance or other transfer or disposition of any Shares to any other Person, whether directly, indirectly, voluntarily, involuntarily, by operation of law, pursuant to judicial process or otherwise. For the avoidance of doubt, it shall constitute
a “Transfer” (a) if a transferee is not an individual, a trust or an estate, and the transferor or an Affiliate thereof ceases to control such transferee or (b) with respect to a holder of Shares which was formed for the
purpose of holding Shares, there is a Transfer of the equity interests of such holder other than to a Permitted Transferee of such holder or of the party transferring the equity of such holder. 

“VCOC Investor” shall have the meaning set forth in Section 10.16. 

“Warrant” shall mean that warrant agreement between the Initial Shareholder and the Company dated as of December 1,
2006. 

  
 A-5

 SCHEDULE I 

INITIAL BOARD OF DIRECTORS OF THE COMPANY 
  

			
	 Name
	  	 Title

	 Chinh E. Chu
	  	Director
	 Thomas H. Lister
	  	Director
	 John W. Marren
	  	Director
	 Paul C. Schorr, IV
	  	Director
	 Peter Smitham
	  	Director
	 Gregory L. Summe
	  	Director
	 Claudius E. Watts IV
	  	Director
	 Daniel J. Heneghan
	  	Director
	 J. Daniel McCranie
	  	Director
	 Richard M. Beyer
	  	Director

 SCHEDULE II 

AUDIT COMMITTEE MEMBERS 
  

	
	 Audit Committee:

	 Daniel J. Heneghan (Chair)

	 Thomas H. Lister

	 Claudius E. Watts IV

	 Kevin R. Burns

 SCHEDULE III 

NOMINATING AND CORPORATE GOVERNANCE COMMITTEE MEMBERS 

 

	
	 Nominating and Corporate Governance Committee:

	 Chinh Chu

	 John W. Marren

	 Peter Smitham

	 Claudius E. Watts IV

 SCHEDULE IV 

COMPENSATION COMMITTEE MEMBERS 
  

	
	 Compensation Committee:

	 Peter Smitham (Chair)

	 Gregory L. Summe

	 Chinh Chu

	 John W. Marren

 SCHEDULE V 

FINANCE COMMITTEE MEMBERS 
  

	
	 Finance Committee:

	 Thomas H. Lister (Chair)

	 Claudius E. Watts IV

	 John W. Marren

	 Chinh Chu

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