Document:

STOCK PURCHASE PLAN

 

This Stock Purchase Plan (the “Purchase Plan”) is entered into on _______________, 2012 (the “Commencement Date”) by and between [ ] (“Broker”) and Infinity Cross Border Acquisition Corporation (the “Company”).  This Purchase Plan relates to the purchase, on a “not held” basis, of ordinary shares issued by the Company (the “Shares”), and is intended to comply with the provisions of Rule 10b5-1 (“Rule 10b5-1”).

A)   Purchase Plan Requirements

 

	
  

	
1.

	
On any day on which there is trading on the Nasdaq Capital Markets (subject to the purchase instructions in Appendix A), Broker will act as the Company’s exclusive agent to repurchase Shares in accordance with Appendix A.

 

	
  

	
2.

	
Purchases made by Broker pursuant to this Purchase Plan shall be made only in accordance with Appendix A, and shall be made at the prevailing market prices, pursuant to the limitations stated in Appendix A, in open-market transactions.

 

	
  

	
3.

	
Broker shall be entitled to a commission of [$ ] per share.

 

	
  

	
4.

	
Purchases of the Shares under this Purchase Plan shall be made outside the provisions of Rule 10b-18 as promulgated under the Securities Exchange Act of 1934, as amended (“Rule 10b-18”).

 

B)    The Company’s Representations, Warranties and Covenants

 

The Company makes the following representations and warranties, each of which shall continue while this Purchase Plan is in effect and will survive the termination of this Purchase Plan:

 

	
  

	
1.

	
At the time of the Company’s execution of this Purchase Plan, the Company is not aware of any material, non-public information with respect to the Company or the Shares.  The Company is entering into this Purchase Plan in good faith and not as part of a plan or scheme to evade the prohibitions of Rule 10b5-1 or other applicable securities laws.

 

	
  

	
2.

	
Purchases of Shares under this Purchase Plan have been duly authorized by the Company and are not prohibited by any legal, regulatory or contractual restriction or undertaking binding on the Company.  The Company will inform Broker as soon as possible of any subsequent legal or contractual restrictions affecting the execution of the Purchase Plan by Broker or the Company and of the occurrence of any event that would cause the Purchase Plan to be suspended or to end as contemplated in Section D and Section F.

 

	
  

	
3.

	
The Company agrees not to enter into or alter any corresponding or hedging transaction with respect to the Shares while this Purchase Plan remains in effect.

 

	
  

	
4.

	
The Company acknowledges and agrees that the Purchase Plan is a “securities contract,” as such term is defined in Section 741(7) of Title 11 of the United States Code, as it may be amended (the “Bankruptcy Code”), entitled to all of the protections given such contracts under the Bankruptcy Code.

 

	
  

	
5.

	
This Purchase Plan constitutes he Company’s legal, valid and binding obligation enforceable against the Company in accordance with its terms.

 

	
  

	
6.

	
The Company acknowledges and agrees that purchases of Shares by Broker pursuant to Appendix A will not be made in accordance with the provisions of Rule 10b-18 and that, in accordance with Section A(4), above, Broker shall nevertheless make purchases of Shares as provided in Appendix A without compliance with any of the requirements of Rule 10b-18.

 

  

1

  

 

	
  

	
7.

	
The Company will promptly notify Broker of the date the Company announces an initial business combination.

 

C)    Purchase Instructions

 

See Appendix A.

 

D)    Suspension of Purchases

 

The Company acknowledges and agrees that Broker may suspend purchases under this Purchase Plan in the event that:

 

	
  

	
1.

	
Broker determines that it is prohibited from purchasing Shares by a legal, contractual or regulatory restriction applicable to it or its affiliates or to the Company and its affiliates (other than any such restriction relating to the Company’s possession or alleged possession of material nonpublic information about the Company or the Shares).

 

	
  

	
2.

	
Broker determines, in its sole discretion, that a market disruption has occurred, beyond the control of Broker that would materially interfere with Broker’s ability to carry out the terms of this Purchase Plan.

 

	
  

	
3.

	
Trading in the Shares is halted or suspended.

 

	
  

	
4.

	
If any purchases cannot be executed as required by this Purchase Plan due to any of the events specified in Sections (D)(1), (D)(2) or (D)(3), Broker shall effect such purchases as promptly as practicable after the cessation or termination of such disruption, applicable restriction or other event.

 

E)    Modification of this Purchase Plan

 

Any modification of this Purchase Plan by the Company will be made in good faith and not as part of a scheme to evade the prohibitions of Rule 10b5-1, and only with Broker’s written consent.  In particular, the Company agrees that the Company will not modify or propose to modify this Purchase Plan at any time that the Company is aware of any material non-public information about the Company and/or the Shares and that the Company will be deemed to repeat its representations in Section B at the time of such modification.  Termination of this Purchase Plan by the Company pursuant to Section F(1)(ii) shall not be deemed a modification of this Purchase Plan.

 

F)    Termination of this Purchase Plan

 

	
  

	
1.

	
This Purchase Plan will terminate upon the earliest of one of the following events:

 

	
  

	
i.

	
The terms outlined in Appendix A have been met;

 

	
  

	
ii.

	
Broker is prohibited by law or other governmental agency from engaging in purchasing activity as the Company’s agent under this Purchase Plan; and

 

	
  

	
iii.

	
The Company notifies the Broker of its termination.

 

	
  

	
2.

	
Any transaction pending at the time Broker receives a notice referred to in Section F shall be completed and Broker shall receive the commission set forth in Section A (3).

 

G)    Indemnification and Limitation on Liability

 

	
  

	
1.

	
The Company agrees to indemnify and hold harmless Broker (and its directors, officers, employees and affiliates) from and against all claims, liabilities, losses, damages and expenses (including reasonable attorney’s fees and costs) arising out of or attributable to: (a) any material breach by the Company of this Purchase Plan (including the Company’s representations and warranties), and (b) any violation by the Company of applicable laws or regulations.  The Company will have no indemnification obligations in the case of gross negligence or willful misconduct of Broker or any other indemnified person. This indemnification will survive the termination of this Purchase Plan.

 

  

2

  

 

	
  

	
2.

	
Notwithstanding any other provision herein, neither Broker nor the Company will be liable for:

 

	
  

	
i.

	
Special, indirect, punitive, exemplary, or consequential damages, or incidental losses or damages or any kind, even if advised of the possibility of such losses or damages or if such losses or damages could have been reasonably foreseen.

 

	
  

	
ii.

	
Any failure to perform or for any delay in performance that results from a cause or circumstance that is beyond its reasonable control, including but not limited to failure of electronic or mechanical equipment, strikes, failure of common carrier or utility systems, severe weather, market disruptions or other causes commonly known as “acts of God”.

 

	
  

	
3.

	
The Company acknowledges and agrees that Broker has not provided the Company with any tax, accounting or legal advice with respect to this Purchase Plan, including whether the Company would be entitled to any of the affirmative defenses under Rule 10b5-1.

 

H)   Governing Law

 

This Purchase Plan will be governed by, and construed in accordance with, the laws of the State of New York, without regard to such State’s conflict of laws rules.

 

I)     Entire Agreement

 

This Purchase Plan (including any Annexes or Exhibits) constitutes the entire agreement between the parties hereto with respect to the subject matter hereof, and supersedes any previous or contemporaneous agreements, understandings, proposals or promises with respect thereto, whether written or oral.

 

This Purchase Plan and each party’s rights and obligations hereunder may not be assigned or delegated without the written permission of the other party and shall inure to the benefit of each party’s successors and permitted assigns, whether by merger, consolidation or otherwise.

 

J)     Notices

 

All required notifications under this Purchase Plan shall be made in writing (signed by facsimile) and confirmed by telephone to:

 

  

3

  

 

	
To Issuer:

 

Name: Infinity Cross Border Acquisition Corporation

Attention: Amir Gal-Or, Co-Chief Executive Officer, Co-President and Co-Chairman

Address: 3 Azrieli Center (Triangle Tower)

42nd Floor, Tel Aviv, Israel, 67023

Telephone: 011-972-3-607-5170

Fax:

E-Mail:

	 	
Copies to:

 

Name: Ellenoff Grossman & Schole LLP

Attention: Stuart Neuhauser, Esq.

Address: 150 E42nd St., 11th Fl., New York, NY 10017

Telephone: 212-370-1300

Fax: 212-370-7889

E-Mail: sneuhauser@egsllp.com

 

	 	 	 
	
To Broker:

 

Primary Contact:

Alternate Contact #1:

Alternate Contact #2:

Address:

 

Telephone:

Fax:

E-Mail:

	 	
Copies to:

 

Name:

Address:

Telephone:

Fax:

E-mail:

 

K)    Counterparts

 

This Purchase Plan may be executed in two or more counterparts and by facsimile signature.

 

IN WITNESS WHEREOF, the undersigned have executed this Purchase Plan as of the date first written above.

 

	
INFINITY CROSS BORDER ACQUISITION CORPORATION

	 	
BROKER

	  	  	  	  	  
	
By:

	  	  	
By:

	  
	  	  	  	  	  
	
Name:

	  	  	
Name:

	  
	  	  	  	  	  
	
Title:

	  	  	
Title:

	  
	  	  	  	  	  
	
Account # 

	  	  	  	  

  

4

  

Appendix A

	
Name of Buyer:  ______________

	
Name of Issuer:  ________________

	
Ticker:  _______

Purchase Instructions

*** INFORMATION ON GRID MUST BE TYPED ***

	
(a) Sale Period(s)

	 	
(b) Authorized Number of

     Shares to be Purchased

	 	
(c) Authorized Dollar

      Amount to be

      Purchased

	 	 	
(d) Limit Price 

      (“Market” 

      if a Market Order)

	 
	
Start Date

	 	
End Date

	 	  	 	 	 	 	 	 
	
Commencement Date

	 	
TBD (See Special Instructions Below)(1)

	 	
600,000(See Special Instructions Below)(2)

	 	$	5,760,000	(2)	 	$	9.60	 

	
 ̈

	
Daily Purchases shall be executed pursuant to the safe harbor conditions of SEC Rule 10b-18, if available.

	
x

	
Plan Share Cap

Authorized Number of Shares to be Purchased Under Plan: Up to 600,000 (2)

	
x

	
Plan Dollar Cap

Authorized Dollar Amount to be Purchased Under Plan: $9.60 ($5,760,000 in aggregate) (2)

Inclusive of Commissions:  ̈ YES x NO

Comments and Special Instructions

	
  

	
1.

	
The End Date of the Purchase Plan will be the date the Company announces an initial business combination.  The Company will promptly notify Broker of the End Date once it is determined.  Any purchase made pursuant to this Purchase Plan shall be for a minimum of 5,000 Shares.

 

	
  

	
2.

	
Plus 15% of the number of shares purchased by the underwriters of the Company’s IPO, exercising their overallotment option at $9.60 per share.

 

  

5Exhibit 10.10

 EXHIBIT 10.10 
 AMENDMENT NO. 1 
 TO 

RESTATED EMPLOYMENT AGREEMENT 
 This Amendment No. 1 (“Amendment”) is made as of the 16th day of January, 2012, between TTM TECHNOLOGIES, INC., a Delaware corporation (the “Company”), and KENTON K. ALDER (the “Executive”). 

Preliminary Statements: 
 A. The Executive serves as President and Chief Executive Officer of the Company. 
 B.
The parties desire to amend that certain Restated Employment Agreement, dated as of March 22, 2010, between the Company and the Executive (the “Existing Agreement”). 

Agreement: 

NOW THEREFORE, in consideration of (i) the Executive’s employment and continued employment with the Company,
(ii) the compensation paid to the Executive and the benefits provided to the Executive in connection with such employment, and (iii) the Executive’s use of the equipment, supplies, facilities and other resources of the Company and its
Subsidiaries and Affiliates, and for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree that the Existing Agreement is hereby amended as follows: 

1. Amendment. The first sentence of Section 2(a) of the Existing Agreement is hereby amended and restated to read in
its entirety as follows: 
 “The Company agrees to employ the Executive and the Executive accepts such employment for
the period beginning on the date hereof and ending on the third anniversary of the date hereof.” 
 2.
Miscellaneous Provisions. 
 (a) Headings. The headings are intended only for convenience in finding the
subject matter and do not constitute part of the text of this Amendment and shall not be considered in the interpretation of this Amendment. 
 (b) Benefit and Binding Effect. This Amendment shall be binding upon and shall inure to the benefit of the parties hereto, their respective successors, assigns and legal representatives. 

(c) Governing Law. This Amendment and any controversy arising out of or relating to this Amendment shall be governed by and
construed in accordance with the laws of the State of California. 
 (d) Counterparts; Facsimile. This Amendment
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. This Amendment may also be executed and delivered by facsimile signature. 

(e) Effect of Amendment. Except as expressly amended by this Amendment, the Existing Agreement shall continue in full force
and effect in accordance with the provisions thereof. 

 IN WITNESS WHEREOF, the parties have executed this Amendment as of the day and year
above written. 
  

			
	TTM TECHNOLOGIES, INC.
		
	By:	 	/s/ Robert E. Klatell
		 	Robert E. Klatell, Chairman of the Board

  

	
	/s/ Kenton K. Alder
	KENTON K. ALDER

  
 2

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