Document:

exv10w19

Exhibit 10.19

CIRRUS LOGIC, Inc. 2901 Via Fortuna, Austin, TX 78746

Tel: (512) 851-4000 www.cirrus.com

April 9, 2008

Bin Wu

Rm 901, No 22, Lane

1599 of Dingxiang Rd.

PuDong District

Shanghai, China

Via email

RE: Termination of Employment Relationship and Release of Claims

Dear Bin,

	 	 	I am writing to confirm our understanding with respect to your termination of employment with
Caretta Integrated Circuits and the release of all potential claims against Cirrus Logic, Inc. and
its subsidiaries (collectively, “Cirrus”) with respect to the Stock Purchase Agreement, by and
among Cirrus Logic China Holdings, Inc. (“Buyer”); Caretta Integrated Circuits (the “Company”); and
each of the shareholders of the Company, dated as of December 29, 2006 (the “Stock Purchase
Agreement”). In consideration of signing and returning the Agreement of Termination of Employment
Contract, the Employee Termination Proprietary Rights Statement, and the General Release of All
Claims (collectively, the “Termination Agreements”) previously provided to you, Cirrus Logic agrees
as follows:

	 	(1)	 	Cirrus will not enforce any non-compete obligation that may exist between Cirrus and
you so long as you comply with the terms of this letter agreement and the Termination
Agreements; and

	 	(2)	 	Cirrus will withdraw all claims that Buyer has made with respect to the Escrow
Agreement entered into on December 29, 2006, upon receipt of the signed Termination
Agreements from you.

	 	 	This letter agreement further confirms our understanding that you are signing the Termination
Agreements and this letter agreement and releasing Cirrus from all claims, including any claims
relating to the Earn Out provisions under the Stock Purchase Agreement, in your own capacity as a
former employee of Cirrus and as a Principal Shareholder and Seller (but not as the Representative)
as defined under the Stock Purchase Agreement.

 

 

	 	 	I look forward to reaching a final resolution with you on this matter. Please indicate your
agreement to the terms of this letter agreement by signing below and returning to my attention. If
you have any questions, please do not hesitate to call me.

	 	 	 	 	 
	 	Sincerely,

Jason Rhode

President and Chief Executive Officer

Cirrus Logic, Inc.

 	 
	 	 	 
	 	 	 
	 	 	 
	 

ACKNOWLEDGED AND AGREED:

	 	 	 	 	 	 	 
	/s/ Bin Wu

	 	 
	 	Date:
	 	April 10, 2008
	 

	 	 	 	 	 	 
	Bin Wuexv10w1

Exhibit 10.1

FIRST AMENDMENT AND WAIVER TO CREDIT AGREEMENT

          This First Amendment and Waiver to Credit Agreement (the “First Amendment”) is made as of the
30 day of April, 2008 by and between Bank of America, N.A. (the “Lender”), a national banking
association with offices at 100 Federal Street, Boston, Massachusetts 02110 and iRobot Corporation,
a Delaware corporation with its principal place of business at 63 South Avenue, Burlington,
Massachusetts 01803 ( the “Borrower”) in consideration of the mutual covenants contained herein and
benefits to be derived herefrom:

W I T N E S S E T H

          WHEREAS, the Lender and the Borrower, have entered into a certain loan arrangement, which loan
arrangement is evidenced by, among other documents and instruments, a certain Credit Agreement
dated June 5, 2007 (the “Agreement”);

          WHEREAS, Borrower and the Lender have agreed to amend certain terms and provisions of the
Agreement and waive certain covenants all as set forth herein.

          NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which is
hereby acknowledged, the Lender and the Borrower hereby agree as follows:

     1. All capitalized terms not otherwise defined herein shall have the same meaning as defined
in the Agreement.

     2. The definition of Commitment in Section 1.01 of the Agreement is hereby amended by deleting
the reference to “Thirty Five Million ($35,000,000) Dollars” and replacing it with “Forty Five
Million ($45,000,000) Dollars”.

     3. The definition of Current Assets in Section 1.01 of the Agreement is hereby supplemented by
adding at the end of the definition the following:

“plus auction rate securities held on the Borrower’s balance sheet”

     4. Exhibit B of the Agreement is amended by the First Amendment to Note of even date executed
by the Borrower.

     5. Section 7.11(b) of the Agreement is hereby waived for the quarter ending March 31, 2008.

     6. Except as expressly amended hereby, the remaining terms and conditions of the Agreement and
all documents and instruments executed in connection therewith are hereby expressly ratified and
confirmed.

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     7. The Borrower acknowledges and agrees that it has no claims, counterclaims, off-sets,
defenses or causes of action against the Lender with respect to amounts outstanding under the
Agreement. To the extent such claims, counterclaims, off-sets, defenses and/or causes of action
should exist, whether known or unknown, at law or in equity, the Borrower hereby WAIVES same and
RELEASES the Lender from any and all liability in connection therewith.

     8. The wavier contained in this First Amendment is a one-time waive of the aforesaid financial
covenant and shall not be deemed either a continuing waiver of such financial covenant or a waiver
of any other provisions of the Agreement.

     9. Miscellaneous.

	 	a.	 	The Borrower shall execute and deliver to the Lender such
additional documents, instruments, and agreements that the Lender may require in
order to give effect to, and implement the terms and conditions of this First
Amendment.
	 
	 	b.	 	This First Amendment may be executed in several counterparts and
by each party on a separate counterpart, each of which when so executed and
delivered shall be an original and all of which together shall constitute one
instrument.
	 
	 	c.	 	This First Amendment expresses the entire understanding of the
parties with respect to the transactions contemplated hereby. No prior
negotiations or discussions shall limit, modify, or otherwise affect the
provision hereof.
	 
	 	d.	 	The Borrower shall pay on demand all reasonable costs and
expenses of the Lender including, without limitation, reasonable attorneys’ fees
in connection with the preparation, negotiation, execution and delivery of the
First Amendment.

     10. It is intended that this First Amendment take effect as an instrument under seal as of the
date first written above.

	 	 	 	 	 	 	 	 	 
	Witnessed by:	 	 	 	iROBOT CORPORATION	 	 
	 
	 	 	 	 	 	 	 	 
	/s/ Paul Tavalone

	 	 	 	By:
	 	/s/ Geoffrey P. Clear	 	 
	 

	 	 	 	 	 	 	 	 
	 

	 	 	 	 	 	Name: Geoffrey P. Clear	 	 
	 

	 	 	 	 	 	Title: Sr. VP and CFO	 	 

Signatures continued on next page

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	 	BANK OF AMERICA, N.A.

 	 
	 	By:  	/s/ Richard MacDonald
 	 
	 	 	Name: 	Richard MacDonald 	 
	 	 	Title:	Vice President 	 
	 

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Exhibit 10.2

FIRST AMENDMENT TO NOTE

          This First Amendment to Note (the “First Amendment”) is made as of this 30 day of April, 2008
by and between Bank of America, N.A. (the “Bank”) having an office located at 100 Federal Street,
Boston, Massachusetts 02110 and iRobot Corporation (the “Borrower”), a Delaware corporation having
an office at 63 South Avenue, Burlington, Massachusetts 01803 to that certain Note dated June 5,
2007 executed by the Borrower in favor of the Bank (the “Note”). Any capitalized terms not
otherwise defined herein shall have the same meanings designated in the Note.

W I T N E S S E T H:

          WHEREAS, the Borrower did on June 5, 2007 execute, seal and deliver to the Bank the Note; and

          WHEREAS, the Borrower has requested that the Bank increase the maximum principal of the Note;

          NOW, THEREFORE, in consideration of the mutual covenants contained herein and other good and
valuable consideration, receipt of whereof is hereby acknowledged, it is hereby agreed by and
between the Borrower and the Bank as follows:

	1.	 	The Note is hereby amended by replacing where applicable the references to “Thirty Five
Million Dollars” and “$35,000,000.00” with “Forty Five Million Dollars” and “$45,000,000.00”.
	 
	2.	 	The Note, as amended hereby, shall remain in full force and effect and all terms hereof are
hereby ratified and confirmed by the Borrower. Except for specifically provided herein, all
other terms and conditions of the Note shall remain in full force and effect.
	 
	3.	 	The Borrower by its execution of this First Amendment in the space provided below,
represents, warrants and agrees that the Borrower has no claims, defenses, counterclaims or
offsets against the Bank in connection with the Note or any of the other documents executed in
connection therewith and, to the extent that any such claim, defense, counterclaim or offset
may exist, the Borrower by its execution of this First Amendment in the space provided below,
hereby affirmatively WAIVES and RELEASES the Bank from same.
	 
	4.	 	This First Amendment shall take effect as a sealed instrument under the laws of the
Commonwealth of Massachusetts as of the date first above written.
	 
	5.	 	Any and all references to the Note and any instrument previously and now hereafter executed
by the Borrower shall be deemed to refer to the Note as amended by this

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First Amendment and
any future amendments hereafter entered into between the Borrower and the Bank.

          IN WITNESS WHEREOF, the parties hereto have executed this First Amendment as of the date and
year first above written as a sealed instrument.

	 	 	 	 	 	 	 	 	 
	WITNESS:	 	 	 	iROBOT CORPORATION
	 	 
	 
	 	 	 	 	 	 	 	 
	/s/ Paul Tavalone

	 	 	 	By:
	 	/s/ Geoffrey P. Clear	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	Title:
	 	Sr. VP and CFO	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 	 	 	 	BANK OF AMERICA, N.A.	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	By:
	 	/s/ Richard MacDonald	 	 
	 

	 	 	 	 	 	 	 	 
	 
	 	 	 	 	 	 	 	 
	 

	 	 	 	Title:
	 	Vice President	 	 
	 

	 	 	 	 	 	 	 	 

-2-

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