Document:

EXHIBIT
      10.3

    

    AGREEMENT
      AMONG THE FOUNDERS OF

    STIRLING
      ACQUISITION CORPORATION

    

    This
      Agreement Among the Founders of Stirling Acquisition Corporation (the
“Agreement”) is made effective as of May 7, 2007 (the “Effective Date”) between
      John L. Petersen (“Petersen) and Rachel A. Fefer (“Fefer”), Château de
      Barberêche, Switzerland 1783 Barberêche; Sally A. Fonner (“Fonner”), 1268
      Bayshore Boulevard, Dunedin, Florida 33698; and Mark R. Dolan (“Dolan”), 2852
      Twentieth Avenue North, St. Petersburg, Florida 33713. Petersen, Fefer, Fonner
      and Dolan are collectively referred to herein as “Founders.”

    

    WHEREAS,
      from
      December 2000 through December 2005, the Founders were stockholders, directors
      and officers of Win or Lose Acquisition Corporation, a novel blank check shell
      that registered its securities under the Securities Act, effected two public
      distributions of its stock, and was ultimately unable to identify and negotiate
      an acquisition transaction with a suitable privately held company;
      and

    

    WHEREAS,
      the
      combined financial losses of the Founders with respect to Win or Lose amounted
      to $256,045 and the substantial bulk those losses were financed by cash
      contributions from Petersen and Fefer;

    

    WHEREAS,
      the
      Founders believe the structure that was developed for Win or Lose has
      substantial potential value and justifies a second effort to create a registered
      blank check shell and attempt to identify and negotiate an acquisition
      transaction with a suitable privately held company; and

    

    WHEREAS,
      the
      Founders believe their plan to make another effort to create a registered blank
      check shell will require a more modest financial commitment than Win or Lose,
      but still require significant cash investments to provide operating capital
      and
      pay certain anticipated costs; and

    

    WHEREAS,
      the
      Founders wish to formalize their past agreements with respect to the formation
      of a new entity named Stirling Acquisition Corporation, to define their
      respective financial commitments to Stirling; and if Stirling’s activities are
      successful, to establish protocols, procedures and mechanisms for the ultimate
      recovery of their cumulative investments in both Win or Lose and
      Stirling;

    

    NOW,
      THEREFORE,
      In
      consideration of the mutual promises contained herein and other good and
      valuable consideration, the receipt and sufficiency of which is hereby
      acknowledged, the Founders agree as follows:

    

    Article
      I

    Capitalization
      of Stirling

    

    The
      Founders have concluded that Stirling will require at least $40,000 in cash
      and
      working capital to finance its proposed activities during the period between
      the
      completion of the proposed gift share distribution and the closing of an
      acquisition transaction. The Founders also expect that Stirling will incur
      an
      indeterminate amount of costs and expenses in connection with the registration
      of its securities and the completion of the gift share distribution. The
      Founders hereby jointly and severally agree to contribute such additional
      capital as Stirling may reasonably require to pay the costs incurred by it
      prior
      to the completion of the gift share distribution and to leave Stirling with
      at
      least $40,000 in cash and working capital upon completion of the gift share
      distribution.

    

    Article
      II

    Past
      and Future Contributions to Stirling

    

    In
      connection with the December 2006 creation of Stirling, Petersen and Fefer
      contributed $20,000 in cash to Stirling on behalf of the Founders and paid
      $1,000 of incorporation costs. They subsequently advanced $14,000 to Andrews
      Kurth LLP as an initial retainer, for a cumulative investment of $35,000. To
      ensure that Stirling’s future expenses are promptly paid and that it will have
      sufficient capital to conduct its planned operations, the Founders agree to
      make
      additional capital contributions as follows:

    
      	1.  	
              Dolan
                and Fonner shall contribute the next $35,000 in capital that Stirling
                requires to register its securities under the Securities Act and
                provide
                adequate working capital for its planned activities. Once the
                contributions of the Founders are equalized, any further capital
                contributions that Stirling may reasonably require shall be apportioned
                among the Founders on a ratable basis.

            

    

    

    
      	2.  	
              All
                contributions to Stirling before the completion of its gift share
                distribution shall be accounted for as voluntary contributions to
                Stirling’s paid-in capital and the number of shares owned by a
                contributing Founder shall not be increased in recognition of such
                contributions. Even if the cumulative capital contributions of the
                Founders are not equalized prior to completion of the gift share
                distribution, the number of shares owned by each Founder shall not
                be
                adjusted upwards or downward to reflect disparities in the actual
                amounts
                of capital contributed by them. 

            

    

    

    
      	3.  	
              If
                Stirling requires less than $35,000 in additional capital between
                the date
                of this agreement and the completion of the gift share distribution,
                then
                the required capital contribution from Dolan and Fonner shall be
                limited
                to Stirling’s actual cash requirements. In the event that Stirling
                requires more than $35,000 in additional capital during the period
                before
                the completion of the gift share distribution, then the Founders
                shall
                make the required excess contributions on a ratable basis. In the
                event
                that Dolan and Fonner are unable to make any required capital
                contributions on a timely basis, Petersen and Fefer shall make the
                required contributions.

            

    

    

    
      	4.  	
              The
                Founders agree that Stirling will not request an order of effectiveness
                for its planned registration statement under the Securities Act until
                the
                Founders have made arrangements to transfer sufficient capital to
                pay the
                anticipated costs of the gift share distribution and leave Stirling
                with a
                net cash and working capital balance of at least
                $40,000.

            

    

    

    
      	5.  	
              If
                it becomes apparent that the aggregate amount needed to pay Stirling’s
                registration costs and provide for adequate operating capital will
                be
                substantially greater than $70,000, then Dolan and Fonner may refuse
                to
                make the $35,000 in capital contributions contemplated by this Agreement,
                provided that they shall be required to contribute such amounts as
                may be
                necessary to pay any accumulated costs that cannot be paid with the
                amounts presently available to
                Stirling.

            

    

    

    Article
      III

    Investment
      Recovery Pool

    

    Stirling’s
      business plan contemplates the resale of up to 1,350,000 founders’ shares in
      connection with an acquisition transaction. While it is impossible to predict
      the amount of cash that the Founders will ultimately receive in connection
      with
      the resale of founders’ shares, the proceeds of such sales are expected to be
      substantial. The Founders hereby agree that 50% of any net cash proceeds they
      receive from the resale of founders’ shares shall be paid into a segregated
“Investment Recovery Pool” and then distributed to the Founders based on their
      cumulative cash investments in both Win or Lose and Stirling. In furtherance
      of
      the foregoing, the Founders agree:

    

    
      	1.  	
              All
                amounts previously contributed to Win or Lose or Stirling by the
                Founders
                shall be accounted for in a separate ledger that shows the cumulative
                investments of the Founders. Amounts carried as capital contributions
                shall not be increased to reflect the relative value of services
                rendered
                to either Win or Lose or Stirling, or be reduced to reflect any overhead
                payments or compensation received from Win or Lose or
                Stirling.

            

    

    

    
      	2.  	
              For
                purposes of calculating the net cash proceeds from the resale of
                founders’
                shares, all third party costs paid by the Founders in connection
                with the
                negotiation, documentation and closing of an acquisition transaction
                shall
                be treated as allowable deductions from the gross
                proceeds.

            

    

    

    
      	3.  	
              Distributions
                from the Investment Recovery Pool shall be allocated among the Founders
                based on their cumulative cash investments in Win or Lose and Stirling,
                provided that in the event that contributions to the Investment Recovery
                Pool exceed the cumulative investments of all Founders, then any
                excess
                shall be distributed ratably among the
                Founders.

            

    

    
      	4.  	
              In
                the event that the amounts contributed to the Investment Recovery
                Pool are
                not sufficient to fully reimburse the cumulative contributions of
                the
                Founders to Win or Lose and Stirling, then any excess shall be carried
                forward as an imbalance between the Founders contributions and recovered
                from up to 50% of the net proceeds from any additional blank check
                shells
                the Founders may elect to organize in the
                future.

            

    

    

    
      	5.  	
              Notwithstanding
                any other provision in this Agreement, no Founder shall have any
                claim
                against or interest in any shares of stock in the post-acquisition
                company
                that another Founder is able to retain in connection with an acquisition
                transaction and all such shares shall be and remain the sole and
                exclusive
                property of the Founder who is the registered owner of those
                shares.

            

    

    

    Article
      IV

    No
      Personal Liability

    

    The
      Founders acknowledge that their past investments in Win or Lose and Stirling
      and
      their anticipated additional investments in Stirling are personal risk
      investments and the existence of disparities in their respective capital
      contributions to the two companies and any additional blank check shells they
      may elect to organize in the future shall not give rise to any claim for
      contribution or reimbursement from another Founder except to the extent that
      such payments are specifically provided for in Article III. Each of the Founders
      hereby releases and discharges any and all claims he or she may have against
      another Founder that arises from or is based on disparities in the relative
      capital contributions of the Founders.

    

    Article
      V

    No
      Litigation

    

    Each
      of
      the Founders hereby releases any rights he has or may have under applicable
      law
      to bring legal action against another Founder with respect to the organization
      and operations of Win or Lose, Stirling and any additional blank check shells
      the Founders may elect to organize in the future. If any disputes arise that
      cannot be resolved through negotiation or mediation among the parties, the
      Founders sole recourse shall be to exclude one or more Founders from
      participation in any additional blank check shells the remaining Founders may
      elect to organize in the future. In the event that one or more Founders shall
      elect to commence legal action against another Founder with respect to the
      organization and operations of Win or Lose, Stirling and any additional blank
      check shells the Founders may elect to organize in the future, this Article
      shall constitute an irrevocable consent to a motion to dismiss such litigation
      with prejudice.

    

    Article
      V

    No
      Other Agreements

    

    The
      Founders’ relationship with each other is based on a mutual trust and respect
      and their intention is to cooperate in good faith for their mutual benefit.
      Nothing in this agreement shall deprive any Founder of his right to exercise
      sound business judgment with respect to the future activities of Stirling or
      require the unanimous agreement of the Founders with respect to future business
      decisions. To the extent that any Founder is able to retain any shares in
      connection with an acquisition transaction, all decision with respect to the
      voting, sale or other disposition of those shares shall be within the sole
      discretion of the holder and no other Founder shall have any right to take
      part
      in the decisions made by another Founder or share in any sale proceeds received
      by another Founder. The Founders expressly agree that from and after the closing
      of an acquisition transaction, they will scrupulously refrain from any conduct
      that could give rise to an inference that the Founders are acting in concert
      with respect to their ownership of securities in the post-acquisition
      company.

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    Article
      VI

    Miscellaneous

    

    This
      Agreement constitutes the entire agreement of the parties and supersedes all
      prior communications, understandings and agreements relating to the subject
      matter hereof, whether oral or written. 

    

    No
      modification or claimed waiver of any provision of this Agreement shall be
      valid
      except by written amendment signed by the Founders.

    

    If
      any
      provision or provisions of this Agreement shall be held to be invalid, illegal,
      unenforceable or in conflict with the law of any jurisdiction, the validity,
      legality and enforceability of the remaining provisions shall not in any way
      be
      affected or impaired thereby. 

    

    Waiver
      of
      any provision herein shall not be deemed a waiver of any other provision herein,
      nor shall waiver of any breach of this Agreement be construed as a continuing
      waiver of other breaches of the same or other provisions of this Agreement.
      

    

    All
      notices given pursuant to this Agreement shall be in writing and may be
      delivered by hand, by e-mail, by facsimile transmission or by any other means
      that give rise to a permanent record of delivery. Notices delivered by hand,
      by
      e-mail and by fax shall be deemed received when sent. Notices delivered by
      mail
      shall be deemed received 5 days after mailing.

    

    IN
      WITNESS WHEREOF,
      the
      parties have executed this Agreement by their respective, duly authorized
      representatives as of the date first above written.

    

    
      	
              John
                L. Petersen

            	 	
              Rachel
                A. Fefer

            
	 	 	 
	 	 	 
	
              /s/
                JOHN L. PETERSEN

            	 	
              /s/
                RACHEL A. FEFER

            
	 	 	 
	
              Sally
                A. Fonner

            	 	
              Mark
                R. Dolan

            
	 	 	 
	 	 	 
	
              /s/
                SALLY A. FONNER

            	 	
              /s/
                MARK R. DOLANCTS
      Corporation

    Form
      10-Q/A

    First
      Quarter 2006

    
      

      

    

     

    EXHIBIT
      (10)(a)

    

    

    CTS
      Corporation Pension Plan Amendments 

    Effective
      April 1, 2006

     

    Section
      1.1 of the CTS Corporation Pension Plan (the “Plan”), Establishment
      of the Plan,
      shall be
      revised to add the following paragraph: 

    

    The
      Asheville Division Plan document was amended in 1986 to freeze the Asheville
      Division Plan upon the closure of CTS’ Asheville, North Carolina plant. This
      plan document, including Appendix C, the prior Resistor Network Division Plan
      document, was amended effective April 1, 2006, to close the Plan to new
      participants, including employees who are hired or re-hired or would otherwise
      become eligible to participate in the Plan, on or after that date.

    

    The
      last
      sentence of Section 1.3 of the Plan, Applicability,
      shall
      be revised to read as follows: 

    

    The
      rights, duties eligibility for benefits and amounts of benefits, if any, for
      each former Employee and for each retired Employee, including the Spouse of
      any
      such Employee receiving, or who may become eligible to receive, any benefit
      under the Plan, has been, or shall be, determined in accordance with the Plan
      as
      in effect on the date of the first to occur of the following events, provided
      the Employee is entitled to receive a benefit at the time of such event
      (a)Employee’s termination of employment with the Company and Subsidiaries, (b)
      retirement from employment with the Company and Subsidiaries, or (c) death.
      

    

    The
      first
      sentence of Section 2.1 (p) of the Plan, Definitions,
      shall
      be revised to read as follows: 

    

    “Employee”
      means a person, who is either employed to work or who in fact does work 1,000
      or
      more Hours of Service for an Employer on monthly salary pay status during his
      first year of employment, which is a period of twelve consecutive months
      beginning on the date an Employee is first credited with an Hour of Service,
      or,
      thereafter, during the Plan Year; provided, however, that the first Plan Year
      shall include the last day of the Employee's first year of employment and
      provided that the person is first employed by an Employer on or before March
      31,
      2006. “Employee” shall exclude a person who is employed or re-employed by the
      Employer on or after April 1, 2006, or a person employed by the Employer prior
      to April 1, 2006 who has not satisfied the eligibility requirements herein
      on or
      before March 31, 2006. 

    

     

    The
      first
      sentence of Section 2.1 (bb) of the Plan, Definitions,
      shall
      be revised to read as follows:

     

    "Pay"
      means the total of all amounts of cash paid to an Employee by the Employer
      for
      personal services, including pre-tax and after-tax payroll deductions,
      commissions, incentive bonuses and short term disability benefits, but excluding
      compensation paid in a form other than cash and all special or unusual
      compensation including but not limited to compensation for the reimbursement
      of
      expenses, retention bonuses, patent awards, severance payments, tuition
      reimbursements and Long Term Disability Plan benefits.

    

    Section
      2.1(jj) of the Plan, Definitions,
      “Service Date” shall be deleted. 

    

    The
      first
      sentence of Section 4.2 of the Plan, Credited
      Service,
      shall
      be revised to read as follows: 

    

    An
      Employee's Years of Credited Service will be used to calculate an Employee's
      benefit accruals and monthly benefits and will be the sum of an Employee's
      credited past Service and credited future Service, provided that if an
      Employee’s service with an Employer terminates on or after April 1, 2006 or an
      Employee incurs a Break-in-Service on or after April 1, 2006 the Employee shall
      not receive Credited Service for any Service following the termination of
      employment or Break-in-Service.  

     

    The
      first
      sentence of Section 4.4 of the Plan, Future
      Service,
      shall
      be revised to read as follows: 

    

    Commencing
      on the Effective Date of his Employer except as provided in Section 4.2, an
      Employee will be credited for future Service in each Plan Year prior to his
      retirement at the rate of: 

    

    Section
      4.5 of the Plan, Breaks
      in Service,
      (c)(ii)
      shall be revised to read as follows: 

    

    
      	(ii)  	
              the
                Employee's pre-break Vested Credited Service and Credited Service
                shall
                not be taken into account if the number of consecutive one-year
                Breaks-in-Service equals or exceeds the greater of five or the aggregate
                number of years of Vested Credited Service before such Breaks-in-Service;
                provided, however, that such aggregate number of years of Vested
                Credited
                Service shall not include any such Service disregarded under the
                preceding
                sentence by reason of prior Breaks-in- Service. . If such an Employee's
                pre-break Vested Credited Service and Credited Service cannot be
                disregarded pursuant to this Subsection 4.5(c)(ii), such an Employee’s
                Vested Credited Service and Credited Service shall be restored upon
                reemployment and Employee shall be entitled to earn future Vested
                Credited
                Service, but no Credited Service, following re-employment.
                

            

    

    

    Subsection
      (e) shall be added to Section 4.5 of the Plan, Breaks
      in Service,
      as
      follows:

    

    
      	 	
              (e)  
                

            	
              An
                employee who incurs a Break-in-Service or termination of employment
                on or
                after April 1, 2006 will not receive Credited Service for any Service
                after April 1, 2006.

            

    

    

    The
      first
      sentence of Section 4.8, of the Plan, Transfers
      to Monthly Salary Pay Status of an Employer,
      shall be
      amended to read as follows:

    

    An
      employee of the Company who is transferred to monthly salary pay status with
      an
      Employer from another pay status with the Company on or before March 31, 2006
      and thereby becomes an Employee under this Plan, shall be credited with Vested
      Credited Service, but no Credited Service, under this Plan at the rate of one
      year of Vested Credited Service for each Plan Year during which the Employee
      has
      been credited with 1,000 or more Hours of Service with the Company subject
      to
      the provisions of Subsection 4.5 of the Plan and further subject to the period
      of severance rules of the Plan as effective during periods of the Employee's
      prior Service. 

    

    The
      following shall be added as the last sentence of Section 4.8 of the Plan,
Transfers
      to Monthly Salary Pay Status of an Employer:

    

    No
      Vested
      Credited Service or Credited Service under this Plan shall be credited to an
      employee who is transferred to monthly salary pay status with the Company on
      or
      after April 1, 2006.

    

    The
      first
      sentence of Section 4.9 of the Plan, Transfers
      from an Employer,
      shall
      be amended to read as follows:

    

    An
      Employee of an Employer who is transferred from monthly salary pay status with
      an Employer to another pay status with the Company, or who is transferred to
      a
      subsidiary, division or affiliate of the Company which is not an Employer
      hereunder, and thereby becomes ineligible to continue participation in this
      Plan, shall retain all Vested Credited Service and Credited Service under this
      Plan, and will continue to receive Vested Credited Service, but not Credited
      Service subject to the provisions of Subsection 4.5, for all subsequent Service
      with the Company.

    

    The
      first
      sentence of Section 4.10 of the Plan, Transfers
      to an Employer, shall
      be
      amended to read as follows:

    

    An
      employee who is transferred from monthly salaried pay status with a subsidiary,
      division or affiliate of the Company which is not an Employer to an Employer
      hereunder, on or before March 31, 2006, and thereby becomes an Employee under
      this Plan, shall be credited with Vested Credited Service, but no Credited
      Service, under this Plan at the rate of one year of Vested Credited Service
      for
      each Plan Year during which the Employee has been credited with 1,000 or more
      Hours of Service with the Company, subject to the provisions of Subsection
      4.6
      of the Plan and further subject to the period of severance rules of the Plan
      as
      effective during the periods of the Employee's prior Service.

    

    Section
      4.10 of the Plan, Transfers
      to an Employer,
      shall
      be amended to add the following sentence: 

    

    No
      Vested
      Credited Service or Credited Service under this Plan shall be credited to an
      employee who is transferred from monthly salaried pay status with a Subsidiary,
      division or affiliate of the Company which is not an Employer to an Employer
      hereunder on or after April 1, 2006.

    

    Section
      11.3(c), Review
      of Denial of Claims in General,
      shall
      be amended to add the following sentence:

    

    No
      legal
      action may be commenced or maintained against the Plan more than ninety (90)
      days after the Plan Administrator’s decision on review.

    

    Section
      11.3(d), Supplemental
      Procedures for Review of Denial of Claims for Disability Pension
      Benefits,
      shall
      be amended to add the following sentence:

     

    No
      legal
      action may be commenced or maintained against the Plan more than ninety (90)
      days after the Plan Administrator’s decision on review.

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00123-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00123-of-00352.parquet"}]]