Document:

INVESTOR RIGHTS AGREEMENT, DATED APRIL 27, 2006

 Exhibit 10.24 
 EXECUTION COPY 
  

 INVESTOR RIGHTS AGREEMENT 
 among 
 Sensata Management Company S.A., 
 Sensata
Investment Company S.C.A., 
 Sensata Technologies Holding B.V., 
 Funds managed by Bain Capital Partners, LLC or its Affiliates, 
 and 
 certain other Persons 
 Dated as of
April 27, 2006 
  

 TABLE OF CONTENTS 
  

							
	 	 	 	  	 	  	Page
	 1.
	 	 LUXCO DEMAND REGISTRATIONS
	  	2
		 	 1.1.
	  	Requests for Registration	  	2
		 	 1.2.
	  	Demand Notice	  	2
		 	 1.3.
	  	Demand Registration Expenses	  	2
		 	 1.4.
	  	Short-Form Registrations	  	2
		 	 1.5.
	  	Priority on Demand Registrations	  	3
		 	 1.6.
	  	Restrictions on Demand Registrations	  	3
		 	 1.7.
	  	Selection of Underwriters	  	3
		 	 1.8.
	  	Other Registration Rights	  	3
			
	 2.
	 	DUTCHCO DEMAND REGISTRATIONS	  	4
		 	 2.1.
	  	Requests for Registration	  	4
		 	 2.2.
	  	Demand Notice	  	4
		 	 2.3.
	  	Demand Registration Expenses	  	4
		 	 2.4.
	  	Short-Form Registrations	  	4
		 	 2.5.
	  	Priority on Demand Registrations	  	4
		 	 2.6.
	  	Restrictions on Demand Registrations	  	5
		 	 2.7.
	  	Selection of Underwriters	  	5
		 	 2.8.
	  	Other Registration Rights	  	5
			
	 3.
	 	PIGGYBACK REGISTRATIONS	  	6
		 	 3.1.
	  	Right to Piggyback	  	6
		 	 3.2.
	  	Piggyback Expenses	  	6
		 	 3.3.
	  	Priority on Primary Registrations	  	6
		 	 3.4.
	  	Priority on Secondary Registrations	  	6
			
	 4.
	 	REGISTRATION GENERALLY	  	6
		 	 4.1.
	  	Registration Procedures	  	6
		 	 4.2.
	  	Registration Expenses	  	10
		 	 4.3.
	  	Participation in Underwritten Offerings	  	11
		 	 4.4.
	  	Holdback Agreements	  	12
		 		  	4.4.1.    Securityholder Holdback	  	12
		 		  	 4.4.2.    Issuer Holdback
	  	12
		 	 4.5.
	  	Current Public Information	  	12
			
	 5.
	 	INDEMNIFICATION	  	13
		 	 5.1.
	  	Indemnification by the Issuer	  	13
		 	 5.2.
	  	Indemnification by Holders of Registrable Securities	  	13
		 	 5.3.
	  	Procedure	  	14
		 	 5.4.
	  	Entry of Judgment; Settlement	  	14
		 	 5.5.
	  	Contribution	  	14
		 	 5.6.
	  	Other Rights	  	15

  

 i 

							
	6.	 	OTHER RIGHTS	  	15
		 	6.1.      Information Rights	  	15
		 	            6.1.1.    Historical Financial Information	  	15
		 	            6.1.2.    Tax Information	  	16
		 	            6.1.3.    Access	  	16
		 	6.2.      Expenses; Indemnity	  	18
		 	6.3.      Parent as Manager of Luxco; Election of Bain Directors	  	19
		 	            6.3.1.    Actions	  	19
		 	            6.3.2.    Board Size; Bain Directors	  	19
		 	            6.3.3.    Removal	  	19
		 	            6.3.4.    Expenses; Etc	  	20
			
	7.	 	DEFINITIONS	  	20
			
	8.	 	MISCELLANEOUS	  	25
		 	8.1.      No Inconsistent Agreements; Foreign Registration	  	25
		 	8.2.      Adjustments Affecting Luxco Registrable Securities	  	25
		 	8.3.      Remedies	  	25
		 	8.4.      Amendment and Waiver	  	26
		 	8.5.      Successors and Assigns; Transferees	  	26
		 	8.6.      Severability	  	26
		 	8.7.      Counterparts	  	26
		 	8.8.      Descriptive Headings	  	26
		 	8.9.      Notices	  	26
		 	8.10.    Delivery by Facsimile	  	29
		 	8.11.    Governing Law	  	30

  

 ii 

 INVESTOR RIGHTS AGREEMENT 
 This Investor Rights Agreement (this “Agreement”) is made as of April 27, 2006 by and among: 
  

	 	(i)	Sensata Management Company S.A., a société anonyme organized under the laws of the Grand Duchy of Luxembourg (“Parent”);

  

	 	(ii)	Sensata Investment Company S.C.A., a société en commandite par actions organized under the laws of the Grand Duchy of Luxembourg (“Luxco”);

  

	 	(iii)	Sensata Technologies Holding B.V., a private limited liability company incorporated under the laws of the Netherlands (“Dutchco”) and wholly owned subsidiary of
Luxco; 

  

	 	(iv)	Funds managed by Bain Capital Partners, LLC or its Affiliates (together with their respective Affiliates, “Bain”); 

  

	 	(v)	each Person executing this Agreement and listed as an Other Investor on the signature pages hereto (collectively, the “Other Investors” and together with Bain, the
“Investors”); and 

  

	 	(vi)	such other Persons, if any, that from time to time become parties hereto (collectively, together with the Investors, the “Securityholders”).

 RECITALS 
 1. Texas Instruments Incorporated, a Delaware corporation (“Seller”), and Sensata Technologies B.V., a private limited liability company organized under the laws of the Netherlands (“Buyer”), are parties to
that certain Asset and Stock Purchase Agreement, dated as of January 8, 2006, pursuant to which Buyer and its Subsidiaries will acquire the sensors and controls business of Seller (the “Acquisition”). 
 2. At the closing of the Acquisition (the “Closing”), Luxco owns 100% of the outstanding securities of Dutchco (other than certain
options and other securities granted to employees of Luxco and its Subsidiaries), which in turn owns 100% of the outstanding securities of Sensata Intermediate Holding Company, B.V., which in turn owns 100% of the outstanding securities of Buyer.

 3. Luxco, as of the date hereof, is authorized by the Articles (as defined below) to issue securities consisting of 790,909 Ordinary
Shares, par value €1.25 per ordinary share, 493,527,216 Series 1 Preferred Equity Certificates, par value €1.25 per certificate (“Series 1 PECs”), 138,409,075 convertible preferred equity certificates, par value
€1.25 per certificate (“CPECs”). 
 4. Luxco and the Investors are parties to that certain Investor Equity
Subscription Agreement, dated as of the date hereof (the “Subscription Agreement”), pursuant to which the Investor subscribed for Ordinary Shares of the Luxco, Series 1 PECs, and CPECs. At the 

 Closing, each of the Investors owns the number and class of securities set forth opposite its name on the “Schedule
of Holders” attached hereto in its capacity as a limited securityholder of Luxco. Parent is the manager and unlimited securityholder of Luxco 
 5. In order to induce the Investors to enter into the Subscription Agreement, Luxco has agreed to provide the rights set out in this Agreement. The execution and delivery of this Agreement is a condition to the closing under the
Subscription Agreement. Unless otherwise noted in this Agreement, capitalized terms used herein shall have the meanings set forth in Section 7. 
 AGREEMENT 
 NOW, THEREFORE, the parties to this Agreement hereby agree as follows: 
 1. LUXCO DEMAND REGISTRATIONS. 
 1.1.
Requests for Registration. At any time prior to Luxco’s Initial Public Offering, Bain may initiate the registration of Luxco securities in Luxco’s Initial Public Offering. Subject to the other provisions of Section 1, Bain may
initiate an unlimited number of registrations of all or part of their Luxco Registrable Securities on Form S-1 or any successor or similar long-form registration (“Long-Form Registrations”) and, if available, an unlimited
number of registrations of all or part of their Luxco Registrable Securities on Form S-2 or S-3 or any successor or similar short-form registration (“Short-Form Registrations” and, collectively with Long Form Registrations,
“Demand Registrations”). 
 1.2. Demand Notice. All requests for Demand Registrations shall be made by giving written
notice (a “Demand Notice”) to Luxco. Each Demand Notice shall specify the approximate number of Luxco Registrable Securities requested to be registered. Within ten days after receipt of any such Demand Notice, Luxco will give
written notice of such requested registration to all other holders of Luxco Registrable Securities and, subject to Section 1.5, will include in such registration (and in all related registrations and qualifications under securities laws or in
compliance with other registration requirements and in any related underwriting) all Luxco Registrable Securities with respect to which Luxco has received written requests for inclusion therein within 15 days after the delivery of Luxco’s
notice. 
 1.3. Demand Registration Expenses. Luxco will pay all Registration Expenses in connection with any registration initiated
as a Demand Registration, whether or not it has become effective. 
 1.4. Short-Form Registrations. Demand Registrations will be
Short-Form Registrations whenever Luxco is permitted to use any applicable short-form (unless the managing underwriter(s) of such offering requests Luxco to use a Long-Form Registration in order to sell all of the Luxco Registrable Securities
requested to be sold). After Luxco has become subject to the reporting requirements of the Securities Exchange Act, Luxco will use its best efforts to make Short-Form Registrations available for the sale of Luxco Registrable Securities. Bain may, in
connection with any Demand Registration requested by such holders that is a Short-Form Registration, require Luxco to file such Short-Form Registration with the Securities and Exchange Commission in accordance with and pursuant to Rule 415 under the
Securities Act (or any successor or similar rule then in effect) (a “Shelf Registration”). 
  

 - 2 - 

 1.5. Priority on Demand Registrations. Luxco shall not include in any Demand Registration any
securities which are not Luxco Registrable Securities without the prior written consent of the holders of a majority of the Luxco Registrable Securities included in such registration. If a Demand Registration is an underwritten offering and the
managing underwriter(s) advises Luxco in writing that in its opinion the number of Luxco Registrable Securities and, if permitted hereunder, other securities requested to be included in such offering exceeds the number of Luxco Registrable
Securities and other securities, if any, which can be sold therein without adversely affecting the marketability of the offering, then Luxco shall include in such registration, prior to the inclusion of any securities that are not Luxco Registrable
Securities, the number of Luxco Registrable Securities requested to be included in such offering that, in the opinion of such underwriter(s), can be sold without adversely affecting the marketability of the offering, pro rata among the respective
holders thereof on the basis of the number of Luxco Registrable Securities owned by each such holder, and only then securities that are not Luxco Registrable Securities if the managing underwriter(s) has advised that such securities may be included.

 1.6. Restrictions on Demand Registrations. Luxco will not be obligated to effect any Demand Registration within 90 days after the
closing of a Public Offering (other than on Form S-4 or Form S-8 or any successor or similar form, but including the closing of an underwritten distribution pursuant to a Shelf Registration). Luxco may postpone for up to 30 days (from the date of
the request) the filing or the effectiveness of a registration statement for a Demand Registration if and so long as Luxco determines that such Demand Registration would reasonably be expected to have an adverse effect on any proposal or plan by
Luxco or any of the Subsidiaries to engage in any acquisition of assets (other than in the ordinary course of business) or any merger, consolidation, tender offer, registration or issuance of securities, financing or other material transaction;
provided, however, that in such event, Luxco will pay all Registration Expenses in connection with such registration. Luxco may not postpone a Demand Registration more than two (2) times in any twelve-month period. 
 1.7. Selection of Underwriters. Bain will have the right to select the underwriter or underwriters to administer the offering, provided
that such selection will be subject to the approval of the Parent Board, which approval will not be unreasonably withheld or delayed. 
 1.8.
Other Registration Rights. Luxco represents and warrants that it is not a party to, or otherwise subject to, any other agreement granting registration rights to any other Person with respect to any securities of Luxco, other than the
Securityholders Agreement and the Luxco Management Plan. Except as provided in this Agreement, Luxco shall not grant to any Persons the right to request Luxco to register any equity securities of Luxco, or any securities convertible or exchangeable
into or exercisable for such securities, without the prior written consent of Bain; provided that without such written consent, (a) Luxco may grant rights to other Persons to participate in Piggyback Registrations so long as such rights
are subordinate to the rights of the holders of Luxco Registrable Securities with respect to such Piggyback Registrations; and (b) Luxco may grant rights to other Persons to request registrations so long as the holders of Luxco Registrable
Securities are entitled to participate in any such registrations with such Persons pro rata on the basis of the number of securities owned by each such holder. 
  

 - 3 - 

 2. DUTCHCO DEMAND REGISTRATIONS. 
 2.1. Requests for Registration. At any time prior to Dutchco’s Initial Public Offering, Luxco, at Bain’s request, shall initiate the
registration of Dutchco securities in Dutchco’s Initial Public Offering. Subject to the other provisions of Section 2, Luxco, at the request of Bain, may initiate an unlimited number of Long-Form Registrations and, if available, Short-Form
Registrations. 
 2.2. Demand Notice. All requests for Demand Registrations shall be made by Bain giving a Demand Notice to Luxco and
Luxco delivering such Demand Notice to Dutchco. Each Demand Notice shall specify the approximate number of Dutchco Registrable Securities requested to be registered. Within ten days after receipt of any such Demand Notice, Dutchco will give written
notice of such requested registration to all other holders of Dutchco Registrable Securities and, subject to Section 2.5, will include in such registration (and in all related registrations and qualifications under securities laws or in
compliance with other registration requirements and in any related underwriting) all Dutchco Registrable Securities with respect to which Dutchco has received written requests for inclusion therein within 15 days after the delivery of Dutchco’s
notice. 
 2.3. Demand Registration Expenses. Dutchco will pay all Registration Expenses in connection with any registration initiated
as a Demand Registration, whether or not it has become effective. 
 2.4. Short-Form Registrations. Demand Registrations will be
Short-Form Registrations whenever Dutchco is permitted to use any applicable short-form (unless the underwriter of such offering requests Dutchco to use a Long-Form Registration in order to sell all of the Dutchco Registrable Securities requested to
be sold). After Dutchco has become subject to the reporting requirements of the Securities Exchange Act, Dutchco will use its best efforts to make Short-Form Registrations available for the sale of Dutchco Registrable Securities. Luxco may, at
Bain’s request, in connection with any Demand Registration requested by Luxco that is a Short-Form Registration, require Dutchco to file such Short-Form Registration with the Securities and Exchange Commission as a Shelf Registration.

 2.5. Priority on Demand Registrations. Dutchco shall not include in any Demand Registration any securities which are not Dutchco
Registrable Securities without the prior written consent of the holders of a majority of the Dutchco Registrable Securities included in such registration. If a Demand Registration is an underwritten offering and the managing underwriter(s) advises
Dutchco in writing that in its opinion the number of Dutchco Registrable Securities and, if permitted hereunder, other securities requested to be included in such offering exceeds the number of Dutchco Registrable Securities and other securities, if
any, which can be sold therein without adversely affecting the marketability of the offering, then Dutchco shall include in such registration, prior to the inclusion of any securities that are not Dutchco Registrable Securities, the number of
Dutchco Registrable Securities requested to be included in such offering that, in the opinion of such underwriter(s), can be sold without adversely affecting 
  

 - 4 - 

 the marketability of the offering, pro rata among the respective holders thereof on the basis of the number of Dutchco
Registrable Securities owned by each such holder, and only then securities that are not Dutchco Registrable Securities if the managing underwriter(s) has advised that such securities may be included. 
 2.6. Restrictions on Demand Registrations. Dutchco will not be obligated to effect any Demand Registration within 90 days after the closing of a
Public Offering (other than on Form S-4 or Form S-8 or any successor or similar form, but including the closing of an underwritten distribution pursuant to a Shelf Registration). Dutchco may postpone for up to 30 days (from the date of the request)
the filing or the effectiveness of a registration statement for a Demand Registration if and so long as Dutchco determines that such Demand Registration would reasonably be expected to have an adverse effect on any proposal or plan by Dutchco or any
of the Subsidiaries to engage in any acquisition of assets (other than in the ordinary course of business) or any merger, consolidation, tender offer, registration or issuance of securities, financing or other material transaction; provided,
however, that in such event, Dutchco will pay all Registration Expenses in connection with such registration. Dutchco may not postpone a Demand Registration more than two (2) times in any twelve-month period. 
 2.7. Selection of Underwriters. Luxco will have the right to select the underwriter or underwriters to administer the offering, provided
that such selection will be subject to the approval of the Dutchco Board, which approval will not be unreasonably withheld or delayed. 
 2.8. Other Registration Rights. Dutchco represents and warrants that it is not a party to, or otherwise subject to, any other agreement granting registration rights to any other Person with respect to any securities of Dutchco, other
than the Securityholders Agreement and the Luxco Management Plan. Except as provided in this Agreement, Dutchco shall not grant to any Persons the right to request Dutchco to register any equity securities of Dutchco, or any securities convertible
or exchangeable into or exercisable for such securities, without the prior written consent of Luxco; provided that without such written consent, (a) Dutchco may grant rights to other Persons to participate in Piggyback Registrations so
long as such rights are subordinate to the rights of the holders of Dutchco Registrable Securities with respect to such Piggyback Registrations; and (b) Dutchco may grant rights to other Persons to request registrations so long as the holders
of Dutchco Registrable Securities are entitled to participate in any such registrations with such Persons pro rata on the basis of the number of securities owned by each such holder. 
  

 - 5 - 

 3. PIGGYBACK REGISTRATIONS. 
 3.1. Right to Piggyback. Whenever Luxco or the Dutchco proposes to register any of its securities under the Securities Act (other than (a) in an Initial Public Offering, (b) pursuant to a Demand
Registration to which Section 1 is applicable or (c) in connection with registration on Form S-4 or Form S-8 or any successor or similar form) and the registration form to be used may be used for the registration of Registrable
Securities (a “Piggyback Registration”), the Issuer will give prompt written notice to all holders of Registrable Securities of its intention to effect such a registration and, subject to Sections 3.3 and 3.4 below, will
include in such registration all Registrable Securities with respect to which the Issuer has received written requests for inclusion therein within 30 days after the delivery of the Issuer’s notice. Each such Company notice shall specify the
approximate number of Company equity securities to be registered. 
 3.2. Piggyback Expenses. The Registration Expenses of the holders
of Registrable Securities will be paid by the Issuer in all Piggyback Registrations, whether or not any such registration becomes effective. 
 3.3. Priority on Primary Registrations. If a Piggyback Registration is an underwritten primary registration on behalf of the Issuer and the managing underwriter(s) advises the Issuer in writing (with a copy to each party hereto
requesting registration of Registrable Securities) that in its opinion the number of securities requested to be included in such registration exceeds the number which can be sold in such offering without adversely affecting the marketability of such
offering, the Issuer will include in such registration: (a) first, the securities the Issuer proposes to sell, (b) second, the Registrable Securities requested to be included in such registration, pro rata among the holders of such
Registrable Securities on the basis of the number of shares owned by each such holder, and (c) third, other securities requested to be included in such registration. 
 3.4. Priority on Secondary Registrations. If a Piggyback Registration is an underwritten secondary registration on behalf of holders of Registrable Securities (other than the Issuer or Bain, as applicable), and
the managing underwriter(s) advises the Issuer in writing that in its opinion the number of securities requested to be included in such registration exceeds the number which can be sold in such offering without adversely affecting the marketability
of the offering, the Issuer will include in such registration: (a) first, the securities requested to be included therein by the holders requesting registration, and the Registrable Securities requested to be included in such registration, pro
rata among the holders of such securities and Registrable Securities on the basis of the number of shares owned by each such holder, and (b) second, other such securities requested to be included in such registration. 
 4. REGISTRATION GENERALLY. 
 4.1.
Registration Procedures. Whenever the holders of Registrable Securities have requested that any Registrable Securities be registered pursuant to this Agreement, the Issuer will use its best efforts to effect the registration and the sale of
such Registrable Securities in accordance with the intended method of disposition thereof and pursuant thereto the Issuer will as expeditiously as possible: 
  

 - 6 - 

 (a) prepare and (within 60 days after the end of the period within which requests for
inclusion in such registration may be given to the Issuer) file with the Securities and Exchange Commission a registration statement with respect to such Registrable Securities and thereafter use its best efforts to cause such registration statement
to become effective (provided that before filing a registration statement or prospectus or any amendments or supplements thereto, the Issuer will furnish to the counsel selected by the Bain to be included in any Demand Registration copies of all
such documents proposed to be filed, which documents will be subject to review by such counsel); 
 (b) prepare and file with
the Securities and Exchange Commission such amendments and supplements to such registration statement and the prospectus used in connection therewith as may be necessary (i) to keep such registration statement effective for a period (A) of
not less than 180 days (subject to extension pursuant to Section 4.3(b)) or, if such registration statement relates to an underwritten offering, such longer period as in the opinion of counsel for the underwriters a prospectus is required by
law to be delivered in connection with sales of Registrable Securities by an underwriter or dealer, (B) of less than 180 days, which period will terminate when all of the securities covered by such registration statement have been disposed of
in accordance with the intended methods of disposition by the seller or sellers thereof set forth in such registration statement (but in any event not before the expiration of any longer period required under the Securities Act), or (C) in the
case of a Shelf Registration, ending on the earlier of (I) the date on which all Registrable Securities have been sold pursuant to the Shelf Registration or have otherwise ceased to be Registrable Securities, (II) the second anniversary of
the effective date of such Shelf Registration and (III) such other date determined by Bain, and (ii) to comply with the provisions of the Securities Act with respect to the disposition of all securities covered by such registration
statement until such time as all of such securities have been disposed of in accordance with the intended methods of disposition by the seller or sellers thereof set forth in such registration statement; 
 (c) furnish to each seller of Registrable Securities such number of copies of such registration statement, each amendment and supplement
thereto, the prospectus included in such registration statement (including each preliminary prospectus) and such other documents as such seller may reasonably request in order to facilitate the disposition of the Registrable Securities owned by such
seller; 
 (d) use its best efforts to register or qualify such Registrable Securities under such other securities laws of
such jurisdictions as any seller reasonably requests and do any and all other acts and things which may be reasonably necessary or advisable to enable such seller to consummate the disposition in such jurisdictions of the Registrable Securities
owned by such seller (provided that the Issuer will not be required to (i) qualify generally to do business in any jurisdiction where it would not otherwise be required to qualify but for this subsection, (ii) subject itself to taxation in
respect of doing business in any such jurisdiction or (iii) consent to general service of process in any such jurisdiction); 
  

 - 7 - 

 (e) promptly notify each seller of such Registrable Securities, at any time when a
prospectus relating thereto is required to be delivered under the Securities Act, upon discovery that, or upon the discovery of the happening of any event as a result of which, the prospectus included in such registration statement contains an
untrue statement of a material fact or omits any fact necessary to make the statements therein not misleading in the light of the circumstances under which they were made, and, at the request of any such seller, the Issuer will prepare and furnish
to such seller a reasonable number of copies of a supplement or amendment to such prospectus so that, as thereafter delivered to the prospective purchasers of such Registrable Securities, such prospectus will not contain an untrue statement of a
material fact or omit to state any fact necessary to make the statements therein not misleading in the light of the circumstances under which they were made; 
 (f) cause all such Registrable Securities to be listed on each securities exchange on which similar securities issued by the Issuer are
then listed and, if not so listed, to be listed on the NASD automated quotation system and, if listed on the NASD automated quotation system, use its best efforts to secure designation of all such Registrable Securities covered by such registration
statement as a NASDAQ “national market system security” within the meaning of Rule 11Aa2-1 of the Securities and Exchange Commission or, failing that, to secure NASDAQ authorization for such Registrable Securities and, without limiting the
generality of the foregoing, to arrange for at least two market makers to register as such with respect to such Registrable Securities with the NASD; 
 (g) provide a transfer agent and registrar for all such Registrable Securities not later than the effective date of such registration statement; 
 (h) enter into such customary agreements (including underwriting agreements in customary form) and take all such other actions as the
holders of a majority of the Registrable Securities being sold or the underwriters, if any, reasonably request in order to expedite or facilitate the disposition of such Registrable Securities (including, without limitation, effecting a stock split
or a combination of shares); 
 (i) make available for inspection by any seller of Registrable Securities, any underwriter
participating in any disposition pursuant to such registration statement and any attorney, accountant or other agent retained by any such seller or underwriter, all financial and other records, pertinent corporate documents and properties of the
Issuer, and cause the Issuer’s officers, directors, employees and independent accountants to supply all information reasonably requested by any such seller, underwriter, attorney, accountant or agent in connection with such registration
statement; 
  

 - 8 - 

 (j) otherwise use its best efforts to comply with all applicable rules and regulations of
the Securities and Exchange Commission, and make available to its security holders, as soon as reasonably practicable, but not later than 18 months after the effective date of the registration statement, an earnings statement covering the period of
at least twelve months beginning with the first day of the Issuer’s first full calendar quarter after the effective date of the registration statement, which earnings statement shall satisfy the provisions of Section 11(a) of the
Securities Act and Rule 158 thereunder; 
 (k) in the event of the issuance of any stop order suspending the
effectiveness of a registration statement, or of any order suspending or preventing the use of any related prospectus or suspending the qualification of any securities included in such registration statement for sale in any jurisdiction, the Issuer
will use its reasonable best efforts promptly to obtain the withdrawal of such order; 
 (l) obtain one or more comfort
letters, dated the effective date of such registration statement (and, if such registration includes an underwritten public offering, dated the date of the closing under the underwriting agreement), signed by the Issuer’s independent public
accountants in the then-current customary form and covering such matters of the type customarily covered from time to time by comfort letters as the holders of a majority of the Registrable Securities being sold reasonably request; 
 (m) provide a legal opinion of the Issuer’s outside counsel, dated the effective date of such registration statement (and, if such
registration includes an underwritten public offering, dated the date of the closing under the underwriting agreement), with respect to the registration statement, each amendment and supplement thereto, the prospectus included therein (including the
preliminary prospectus) and such other documents relating thereto in the then-current customary form and covering such matters of the type customarily covered from time to time by legal opinions of such nature (in a form reasonably acceptable to the
holders of a majority of the Registrable Securities included in the registration); 
 (n) cooperate with the sellers of
Registrable Securities covered by the registration statement and the managing underwriter or agent, if any, to facilitate the timely preparation and delivery of certificates (not bearing any restrictive legends) representing securities to be sold
under the registration statement, and enable such securities to be in such denominations and registered in such names as the managing underwriter or agent, if any, or such holders may request; 
 (o) notify counsel for the sellers of Registrable Securities included in such registration statement and the managing underwriter or
agent, immediately, and confirm the notice in writing (i) when the registration statement, or any post-effective amendment to the registration statement, shall have become 
  

 - 9 - 

 effective, or any supplement to the prospectus or any amendment prospectus shall have been filed,
(ii) of the receipt of any comments from the Securities and Exchange Commission, (iii) of any request of the Securities and Exchange Commission to amend the registration statement or amend or supplement the prospectus or for additional
information, and (iv) of the issuance by the Securities and Exchange Commission of any stop order suspending the effectiveness of the registration statement or of any order preventing or suspending the use of any preliminary prospectus, or of
the suspension of the qualification of the registration statement for offering or sale in any jurisdiction, or of the institution or threatening of any proceedings for any of such purposes; 
 (p) make every reasonable effort to prevent the issuance of any stop order suspending the effectiveness of the registration statement or
of any order preventing or suspending the use of any preliminary prospectus and, if any such order is issued, to obtain the withdrawal of any such order at the earliest possible moment; 
 (q) if requested by the managing underwriter or agent or any holder of Registrable Securities covered by the registration statement,
promptly incorporate in a prospectus supplement or post-effective amendment such information as the managing underwriter or agent or such holder reasonably requests to be included therein, including, without limitation, with respect to the number of
Registrable Securities being sold by such holder to such underwriter or agent, the purchase price being paid therefor by such underwriter or agent and with respect to any other terms of the underwritten offering of the Registrable Securities to be
sold in such offering; and make all required filings of such prospectus supplement or post-effective amendment as soon as practicable after being notified of the matters incorporated in such prospectus supplement or post-effective amendment; and

 (r) cooperate with each seller of Registrable Securities and each underwriter or agent participating in the disposition of
such Registrable Securities and their respective counsel in connection with any filings required to be made with the National Association of Securities Dealers, Inc. or any similar Person. 
 The Issuer may require each seller of Registrable Securities as to which any registration is being effected to furnish to the Issuer such information relating to the
sale or registration of such securities regarding such seller and the distribution of such securities as the Issuer may from time to time reasonably request in writing. 
 4.2. Registration Expenses. 
 (a) All expenses incident to the Issuer’s
performance of or compliance with this Agreement, including, without limitation, all registration, qualification and filing fees, fees and expenses of compliance with securities laws, printing expenses, messenger and delivery expenses, and fees and

  

 - 10 - 

 disbursements of counsel for the Issuer and all independent certified public accountants, underwriters
(excluding discounts and commissions) and other Persons retained by the Issuer (all such expenses being herein called “Registration Expenses”), will be paid by the Issuer in respect of each Demand Registration and each Piggyback
Registration, whether or not it has become effective, including that the Issuer will 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 or quarterly review, the expense of any liability insurance and the expenses and fees for listing the securities to be registered on each securities exchange on which similar securities issued by the Issuer are then
listed or on the NASD automated quotation system. 
 (b) In connection with each Demand Registration and each Piggyback
Registration, whether or not it has become effective, the Issuer will pay, and reimburse the holders of Registrable Securities covered by such registration for the payment of, the reasonable fees and disbursements of one counsel chosen by the
holders of a majority of the Registrable Securities included in such registration, and such expenses shall be considered Registration Expenses hereunder. 
 4.3. Participation in Underwritten Offerings. 
 (a) No Person may participate in any
registration hereunder which is underwritten unless such Person (i) agrees to sell such Person’s securities on the basis provided in any underwriting arrangements approved by the Person or Persons entitled hereunder to approve such
arrangements (including, without limitation, pursuant to the terms of any over-allotment or “green shoe” option requested by the managing underwriter(s), provided that no holder of Registrable Securities will be required to sell more than
the number of Registrable Securities that such holder has requested the Issuer to include in any registration) and (ii) completes and executes all questionnaires, powers of attorney, indemnities, underwriting agreements and other documents
reasonably required under the terms of such underwriting arrangements. 
 (b) Each Person that is participating in any
registration hereunder agrees that, upon receipt of any notice from the Issuer of the happening of any event of the kind described in Section 4.1(e) above, such Person will forthwith discontinue the disposition of its Registrable Securities
pursuant to the registration statement until such Person’s receipt of the copies of a supplemented or amended prospectus as contemplated by such Section 4.1(e). In the event the Issuer shall give any such notice, the applicable time period
mentioned in Section 4.1(b) during which a Registration Statement is to remain effective shall be extended by the number of days during the period from and including the date of the giving of such notice pursuant to this paragraph to and
including the date when each seller of a Registrable Security covered by such registration statement shall have received the copies of the supplemented or amended prospectus contemplated by Section 4.1(e). 
  

 - 11 - 

 4.4. Holdback Agreements. 
 4.4.1. Securityholder Holdback. To the extent not inconsistent with applicable law, each holder of Registrable Securities shall not
effect any public sale or distribution (including sales pursuant to Rule 144) of equity securities of the Issuer, or any securities, options or rights convertible into or exchangeable or exercisable for such securities, during (a) with
respect to the Issuer’s Initial Public Offering, the seven days prior to and the 180-day period beginning on the effective date of such Initial Public Offering, (b) with respect to any other underwritten Demand Registration or any
underwritten Piggyback Registration in which Registrable Securities are included, the seven days prior to and the 90-day period beginning on the effective date of such registration, and (c) upon notice from the Issuer of the commencement of an
underwritten distribution in connection with any Shelf Registration, the seven days prior to and the 90-day period beginning on the date of commencement of such distribution, in each case except as part of such underwritten registration, and in each
case unless the underwriters managing the registered public offering otherwise agree. 
 4.4.2. Issuer Holdback. The
Issuer shall not effect any public sale or distribution of its equity securities, or any securities convertible into or exchangeable or exercisable for such securities, during (a) with respect to the Issuer’s Initial Public Offering, the
seven days prior to and the 180-day period beginning on the effective date of such Initial Public Offering, (b) with respect to any other underwritten Demand Registration or any underwritten Piggyback Registration in which Registrable
Securities are included, the seven days prior to and the 90-day period beginning on the effective date of such registration, and (c) upon notice from any holder(s) of Registrable Securities subject to a Shelf Registration that such holder(s)
intend to effect an underwritten distribution of Registrable Securities pursuant to such Shelf Registration (upon receipt of which, the Issuer will promptly notify all other holders of Registrable Securities of the date of the commencement of such
distribution), the seven days prior to and the 90-day period beginning on the date of the commencement of such distribution, in each case except as part of such underwritten registration or pursuant to registrations on Form S-4 or
Form S-8, and in each case unless the underwriters managing the registered public offering otherwise agree. 
 4.5. Current Public
Information. At all times after the Issuer has filed a registration statement with the Securities and Exchange Commission pursuant to the requirements of either the Securities Act or the Securities Exchange Act, the Issuer will timely file all
reports required to be filed by it under the Securities Act and the Securities Exchange Act and the rules and regulations adopted by the Securities and Exchange Commission thereunder, and will take such further action as any holder or holders of
Registrable Securities may reasonably request, all to the extent required to enable such holders to sell Registrable Securities pursuant to Rule 144 adopted by the Securities and Exchange Commission under the Securities Act (as such rule may be
amended from time to time) or any similar rule or regulation hereafter adopted by the Securities and Exchange Commission. 
  

 - 12 - 

 5. INDEMNIFICATION. 
 5.1. Indemnification by the Issuer. The Issuer agrees to indemnify and hold harmless, to the fullest extent permitted by law, each holder of Registrable Securities and, as applicable, its officers, directors,
trustees, employees, stockholders, holders of beneficial interests, members, and general and limited partners (collectively, “Indemnitees”) and each Person who controls such holder (within the meaning of the Securities Act) against
any and all losses, claims, damages, liabilities, joint or several, to which such holder or any such Indemnitee may become subject under the Securities Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions or
proceedings, whether commenced or threatened, in respect thereof) arise out of or are based upon (a) any untrue or alleged untrue statement of material fact contained in any registration statement, prospectus or preliminary prospectus or any
amendment thereof or supplement thereto, together with any documents incorporated therein by reference or, (b) any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein not
misleading, and the Issuer will reimburse such holder and each of its Indemnitees for any legal or any other expenses, including any amounts paid in any settlement effected with the consent of the Issuer, which consent will not be unreasonably
withheld or delayed, incurred by them in connection with investigating or defending any such loss, claim, liability, action or proceeding; provided, however, that the Issuer shall not be liable in any such case to the extent that any
such loss, claim, damage, liability (or action or proceeding in respect thereof) or expense arises out of or is based upon an untrue statement or alleged untrue statement, or omission or alleged omission, made in such registration statement, any
such prospectus or preliminary prospectus or any amendment or supplement thereto, or in any application, in reliance upon, and in conformity with, written information prepared and furnished to the Issuer by such holder expressly for use therein. In
connection with an underwritten offering, the Issuer will indemnify such underwriters, their officers and directors and each Person who controls such underwriters (within the meaning of the Securities Act) to the same extent as provided above with
respect to the indemnification of the holders of Registrable Securities. 
 5.2. Indemnification by Holders of Registrable Securities.
In connection with any registration statement in which a holder of Registrable Securities is participating, each such holder will furnish to the Issuer in writing such information and affidavits as the Issuer reasonably requests for use in
connection with any such registration statement or prospectus and, to the extent permitted by law, will indemnify and hold harmless the Issuer and its Indemnitees against any losses, claims, damages, liabilities, joint or several, to which the
Issuer or any such Indemnitee may become subject under the Securities Act or otherwise, insofar as such losses, claims, damages or liabilities (or actions or proceedings, whether commenced or threatened, in respect thereof) arise out of or are based
upon (a) any untrue or alleged untrue statement of material fact contained in the registration statement, prospectus or preliminary prospectus or any amendment thereof or supplement thereto or in any application, together with any documents
incorporated therein by reference or (b) any omission or alleged omission of a material fact required to be stated therein or necessary to make the statements therein not misleading, but only to the extent that such untrue statement (or alleged
untrue statement) or omission (or alleged omission) is made in such registration statement, any such prospectus or preliminary prospectus or any amendment or supplement thereto, or in any application, in reliance upon and in conformity with written
information prepared and furnished to the Issuer by such holder expressly for use therein, and such holder will reimburse the Issuer and each such Indemnitee for any legal or any other expenses including any amounts paid in any settlement effected
with the consent of such holder, which consent will not be unreasonably withheld or delayed, incurred by 
  

 - 13 - 

 them in connection with investigating or defending any such loss, claim, liability, action or proceeding;
provided, however, that the obligation to indemnify will be individual (and not joint and several) to each holder and will be limited to the net amount of proceeds received by such holder from the sale of Registrable Securities
pursuant to such registration statement, less any other amounts paid by such holder in respect of such untrue statement, alleged untrue statement, omission or alleged omission. 
 5.3. Procedure. Any Person entitled to indemnification hereunder will (a) give prompt written notice to the indemnifying party of any claim
with respect to which it seeks indemnification (provided, however, that the failure of any indemnified party to give such notice shall not relieve the indemnifying party of its obligations hereunder, except to the extent that the
indemnifying party is actually prejudiced by such failure to give such notice), and (b) unless in such indemnified party’s reasonable judgment a conflict of interest between such indemnified and indemnifying parties may exist with respect
to such claim, permit such indemnifying party to assume the defense of such claim with counsel reasonably satisfactory to the indemnified party. If such defense is assumed, the indemnifying party will not be subject to any liability for any
settlement made by the indemnified party without its consent (but such consent will not be unreasonably withheld or delayed). An indemnifying party who is not entitled to, or elects not to, assume the defense of a claim will not be obligated to pay
the fees and expenses of more than one counsel for all parties indemnified by such indemnifying party with respect to such claim, unless in the reasonable judgment of any indemnified party a conflict of interest may exist between such indemnified
party and any other of such indemnified parties with respect to such claim. 
 5.4. Entry of Judgment; Settlement. The indemnifying
party shall not, except with the approval of each indemnified party, consent to entry of any judgment or enter into any settlement which does not include as an unconditional term thereof the giving by the claimant or plaintiff to each indemnified
party of a release from all liability in respect to such claim or litigation without any payment or consideration provided by such indemnified party. 
 5.5. Contribution. If the indemnification provided for in this Section 5 is unavailable to or is insufficient to hold harmless an indemnified party under the provisions above in respect of any losses,
claims, damages or liabilities referred to therein, then each indemnifying party shall contribute to the amount paid or payable by such indemnified party as a result of such losses, claims, damages or liabilities (a) in such proportion as is
appropriate to reflect not only the relative benefits received by the Issuer on the one hand and the sellers of Registrable Securities and any other sellers participating in the registration statement on the other hand from the sale of Registrable
Securities pursuant to the registered offering of securities as to which indemnity is sought but also the relative fault of the indemnified party and the indemnifying party as well as any other relevant equitable considerations or (b) if the
allocation provided by clause (a) above is not permitted by applicable law, in such proportion as is appropriate to reflect not only the relative benefits referred to in clause (a) above but also the relative fault of the Issuer on the one
hand and of the sellers of Registrable Securities and any other sellers participating in the registration 
  

 - 14 - 

 statement on the other hand in connection with the statement or omissions which resulted in such losses, claims, damages
or liabilities, as well as any other relevant equitable considerations. The relative benefits received by the Issuer on the one hand and the sellers of Registrable Securities and any other sellers participating in the registration statement on the
other hand shall be deemed to be in the same proportion as the total net proceeds from the offering (before deducting expenses) to the Issuer bear to the total net proceeds from the offering (before deducting expenses) to the sellers of Registrable
Securities and any other sellers participating in the registration statement. The relative fault of the Issuer on the one hand and of the sellers of Registrable Securities and any other sellers participating in the registration statement on the
other hand shall be determined by reference to, among other things, whether the untrue or alleged omission to state a material fact relates to information supplied by the Issuer or by the sellers of Registrable Securities or other sellers
participating in the registration statement and the parties’ relative intent, knowledge, access to information and opportunity to correct or prevent such statement or omission. 
 The Issuer and the sellers of Registrable Securities agree that it would not be just and equitable if contribution pursuant to this Section 5 were determined by pro rata allocation (even if the sellers of
Registrable Securities were treated as one entity for such purpose) or by any other method of allocation which does not take account of the equitable considerations referred to in the immediately preceding paragraph. The amount paid or payable by an
indemnified party as a result of the losses, claims, damages and liabilities referred to in the immediately preceding paragraph shall be deemed to include, subject to the limitations set forth above, any legal or other expenses reasonably incurred
by such indemnified party in connection with investigating or defending any such action or claim. Notwithstanding the provisions of this Section 5, no seller of Registrable Securities shall be required to contribute any amount in excess of the
net proceeds received by such Seller from the sale of Registrable Securities covered by the registration statement filed pursuant hereto, less any other amounts paid by such holder in respect of such untrue statement, alleged untrue statement,
omission, or alleged omission. No person guilty of fraudulent misrepresentation (within the meaning of Section 11(f) of the Securities Act or any similar securities law) shall be entitled to contribution from any person who was not guilty of
such fraudulent misrepresentation. 
 5.6. Other Rights. The indemnification and contribution by any such party provided for under
this Agreement shall be in addition to any other rights to indemnification or contribution which any indemnified party may have pursuant to law or contract and will remain in full force and effect regardless of any investigation made or omitted by
or on behalf of the indemnified party or any officer, director or controlling Person of such indemnified party and will survive the transfer of securities. 
 6. OTHER RIGHTS. 
 6.1. Information Rights. 
 6.1.1. Historical Financial Information. Luxco and/or Dutchco as Bain may request will furnish to Bain (including Fund IX and Fund
IX Coinvestment) the following information so long as Bain owns securities of Luxco: 
 (a) As soon as available, and in any
event within 120 days after the end of each fiscal year of Dutchco (or, if earlier, not later than 15 days prior to the date by which Bain (or its controlling Affiliate(s)) reasonably believes it is required to file (including to maintain any
relevant eligibility) with the Securities 
  

 - 15 - 

 Commission financial statements that incorporate or include the results of Dutchco and its Subsidiaries
for such fiscal year-end), the audited consolidated balance sheet of Dutchco and its Subsidiaries as at the end of each such fiscal year and the audited consolidated statements of income, cash flows and changes in securityholders’ equity for
such year of Dutchco and its Subsidiaries, setting forth in each case in comparative form the figures for the next preceding fiscal year, accompanied by the report of independent certified public accountants of recognized national standing, to the
effect that, except as set forth therein, such consolidated financial statements have been prepared in accordance with United States generally accepted accounting principles (“GAAP”) applied on a basis consistent with prior years
and fairly present in all material respects the financial condition of Dutchco and its Subsidiaries as of the dates thereof and the results of their operations and changes in their cash flows and securityholders’ equity for the periods covered
thereby. 
 (b) As soon as available, and in any event within 60 days after the end of each fiscal quarter (other than the
fourth fiscal quarter) of Dutchco (or, if earlier, not later than 15 days prior to the date by which Bain (or its controlling Affiliate(s)) reasonably believes it is required to file (including to maintain any relevant eligibility) with the
Securities Commission financial statements that incorporate or include the results of Dutchco and its Subsidiaries for such fiscal quarter), the consolidated balance sheet of Dutchco and its Subsidiaries as at the end of such quarter and the
consolidated statements of income, cash flows and changes in securityholders’ equity for such quarter and the portion of the fiscal year then ended of Dutchco and its Subsidiaries, setting forth in each case the figures for the corresponding
periods of the previous fiscal year in comparative form, all in reasonable detail and all prepared in accordance with GAAP consistently applied. 
 (c) As soon as available, and in any event within 30 days after the end of each month (other than the last month of a fiscal quarter), the consolidated balance sheet of Dutchco and its Subsidiaries as at the end of
such month and the consolidated statements of income, cash flows for such month and the portion of the fiscal year then ended of Dutchco and its Subsidiaries (to the extent prepared by Dutchco or its operating Subsidiary), setting forth in each case
the figures for the corresponding periods of the previous fiscal year in comparative form, all in reasonable detail. 
 6.1.2. Tax Information. Within 120 days after the end of each fiscal year, Luxco shall cause to be delivered to Bain all information necessary for the preparation of Bain’s income tax returns (whether federal, state or foreign).

 6.1.3. Access. 
 (a) General. So long as Bain owns securities of Luxco, Bain (including Fund IX and Fund IX Coinvestment) shall have the right to (i) inspect, during normal business hours upon reasonable advance notice to
Luxco and its 
  

 - 16 - 

 Subsidiaries, as applicable, and without unreasonably interfering with Luxco’s and the
Subsidiaries’, as applicable, normal business operations, such of Luxco’s and its Subsidiaries’ facilities, records, files and other information as it may reasonably request and (ii) meet with Luxco’s and its
Subsidiaries’ officers, other management personnel, and outside accountants to obtain such information regarding Luxco and its Subsidiaries and their respective businesses and prospects as it may reasonably request. 
 (b) VCOC Members. Each Affiliated Fund of Bain that directly or indirectly has an interest in Luxco, in each case that is intended
to qualify as a “venture capital operating company” as defined in the United States Department of Labor Regulations Section 2510.3-101 et.seq. (the “Plan Asset Regulations”), including for the avoidance of doubt, each
of Fund IX and Fund IX Coinvest (each, a “VCOC Member”), for so long as the VCOC Member, directly or through one or more conduit Subsidiaries, continues to hold any securities of Luxco (without limitation or prejudice of any the
rights provided to the Securityholders hereunder), Luxco shall, with respect to each such VCOC Member: 
 (i) To the extent
not otherwise provided in this Agreement, provide such VCOC Member or its designated representative with: 
  

	 	(a)	the right to visit and inspect any of the offices and properties of Luxco and its Subsidiaries and inspect and copy the books and records of Luxco and its Subsidiaries, as the VCOC
Member shall reasonably request; 

  

	 	(b)	to the extent Luxco (or its Subsidiaries) is required by law or pursuant to the terms of any outstanding indebtedness of Luxco to prepare certain reports, any annual reports,
quarterly reports, and other periodic reports pursuant to Section 13 or 15(d) of the Exchange Act actually prepared by Luxco (or its Subsidiaries) as soon as available; and 

  

	 	(c)	copies of all materials provided to the Parent Board, provided that Luxco shall be entitled to exclude portions of such materials to the extent providing such portions would be
reasonably likely to result in the waiver of attorney-client privilege. 

 (ii) Make appropriate officers of
Luxco and its Subsidiaries available periodically and at such times as reasonably requested by the VCOC Member for consultation with the VCOC Member or its designated representative with respect to matters 
  

 - 17 - 

 relating to the business and affairs of Luxco and its Subsidiaries, including significant changes in
management personnel and compensation of employees, introduction of new lines of business, important acquisitions or dispositions of plants and equipment, significant research and development programs, the purchasing or selling of important
trademarks, licenses or concessions, or the proposed commencement or compromise of significant litigation; 
 (iii) To the
extent consistent with applicable law (and with respect to events which require public disclosure, only following Luxco’s public disclosure thereof through applicable securities law filings or otherwise), inform the VCOC Member or its
designated representative in advance with respect to any significant corporate actions, including extraordinary dividends, mergers, acquisitions or dispositions of assets, issuances of significant amounts of debt or equity and material amendments to
the organizational documents of Luxco, and to provide the VCOC Member or its designated representative with the right to consult with Luxco with respect to such actions; and 
 (iv) Provide the VCOC Member or its designated representative with such other rights of consultation which the VCOC Member’s counsel
may determine to be reasonably necessary under applicable legal authorities to qualify its investment in Luxco as a “venture capital investment” for purposes of the Plan Asset Regulations. 
 Luxco agrees to consider the recommendations of the VCOC Member or its designated representative in connection with the matters on which it is consulted
as described above, recognizing that the ultimate discretion with respect to all such matters shall be retained by Luxco. 
 6.2.
Expenses; Indemnity. Luxco and its Subsidiaries, jointly and severally, will pay, and will indemnify, exonerate and hold each holder of Registrable Securities and, as applicable, its Indemnitees free and harmless from and against any and all
liability for payment of, the out-of-pocket expenses (including reasonable attorneys’ fees and expenses) incurred by the Indemnitees or any of them before or after the date of this Agreement, in connection with: (a) negotiation and
execution of this Agreement and the other agreements entered into by the Indemnitees in connection with the Acquisition (the “Transaction Agreements”), (b) any amendments or waivers (whether or not the same become effective)
under or in respect of this Agreement, the other Transaction Agreements, or the Articles, and (c) the interpretation of, and enforcement of the rights granted under, this Agreement, the other Transaction Agreements, or the Articles. If and to
the extent that the foregoing undertaking may be unavailable or unenforceable for any reason, Luxco and its Subsidiaries, jointly and severally, hereby agree to make the maximum contribution to the payment and satisfaction of each of the foregoing
indemnified liabilities that is permissible under applicable law. The rights of any Indemnitee to 
  

 - 18 - 

 indemnification in this Section 6.2 will be in addition to any other rights any such Person may have under this
agreement, any other agreement or instrument referenced above or any other agreement or instrument to which such Indemnitee is or becomes a party or is or otherwise becomes a beneficiary or under law or regulation. 
 6.3. Parent as Manager of Luxco; Election of Bain Directors. 
 6.3.1. Actions. From and after the date of this Agreement and until the provisions of this Section 6.3 cease to be effective,
Bain shall vote any and all voting securities of the Parent or Luxco over which Bain has voting control and shall take all other necessary or desirable actions within its control (whether in its capacity as a holder of securities, director or
officer of Parent or Luxco or otherwise, and including, without limitation, attendance at meetings in person or by proxy for purposes of obtaining a quorum, execution of written consents in lieu of meetings, and voting its ordinary shares, if any,
of Dutchco), and each of Parent and Luxco shall take all necessary and desirable actions within its control (including, without limitation, calling special board and securityholder meetings, and voting their shares in the Dutchco and its
Subsidiaries), in order to give effect to the provisions of this Section 6.3. 
 6.3.2. Board Size; Bain
Directors. So long as Bain owns any Securities of Luxco: 
 (a) Bain shall determine the size of the Parent Board, the
Dutchco Board, and the U.S. Company Board; 
 (b) Bain shall have the right to designate each director of the Parent Board,
the Dutchco Board, and the U.S. Company Board, and any such designee of Bain shall be elected to the Parent Board, the Dutchco Board, or the U.S. Company Board, as applicable (each, a “Bain Director”), subject to the rights of any
other Person to designate directors to such boards pursuant to this Agreement (including, for the avoidance of doubt, the rights of Fund IX and Fund IX Coinvestment set forth immediately below), the Securityholders Agreement, or applicable law;

 (c) Fund IX shall have the right to designate one representative to be elected to each of the Parent Board, the Dutchco
Board, and the U.S. Company Board, which such designee(s) shall be elected to the Parent Board, the Dutchco Board, and the U.S. Company Board; and 
 (d) Fund IX Coinvestment shall have the right to designate one representative to be elected to each of the Parent Board, the Dutchco Board, and the U.S. Company Board, which such designee(s) shall be elected to the
Parent Board, the Dutchco Board, and the U.S. Company Board. 
 6.3.3. Removal. With respect to any Person entitled to
designate a director pursuant to Section 6.3.3, the directors appointed by such Person shall be removed from the Parent Board, the Dutchco Board, and/or the U.S. Company Board (with or without cause) at the written request of such Person and
only upon such written request and under no other circumstances (except as otherwise required by law). 
  

 - 19 - 

 6.3.4. Expenses; Etc. Parent or the Dutchco, as applicable, shall pay (or cause to
be paid) the reasonable out-of-pocket expenses incurred by any Bain Director in connection with attending meetings of the Parent Board, the Dutchco Board and the U.S. Company Board, as applicable, subject to reasonable documentation of such expenses
in accordance with the Parent’s, Dutchco’s, and the U.S. Company’s policies. The organizational documents of Parent, Dutchco, and the U.S. Company shall provide for indemnification of directors to the fullest extent of the law. All
Bain Directors will be entitled to the benefit of director and officer liability insurance and other director indemnification protections in quality and scope at least as favorable as those applicable to the other members of the Parent Board, the
Dutchco Board, and the U.S. Company Board. Without the prior written consent of Bain, none of the Parent, the Dutchco, or the U.S. Company shall alter, modify or amend such indemnification and exculpatory provisions in any manner that would
reasonably be expected to adversely affect the rights of any director nominated by Bain in his or her capacity as a director from and after the Closing. The parties acknowledge and agree that each of the foregoing directors of Parent, Dutchco, and
the U.S. Company shall be deemed to be a direct and irrevocable third party beneficiary of the agreements and covenants set forth in this Section 6.3.5, with the right to enforce such agreements and covenants as fully as if each such director
was a party to this Agreement. 
 7. DEFINITIONS. 
 “Affiliate” means, (a) with respect to any Person, (i) any other Person which directly or indirectly through one or more intermediaries controls, or is controlled by, or is under common
control with, such 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); provided,
however, that neither Luxco nor any of its subsidiaries shall be deemed an Affiliate of any of the Securityholders (and vice versa) and none of the Securityholders shall be deemed Affiliates of each other solely as a result of their
relationship with respect to Luxco, (ii) if such Person is an investment fund, any other investment fund the primary investment advisor to which is the primary investment advisor to such Person or an Affiliate thereof and (iii) if such
Person is a natural Person, any Family Member of such natural Person. 
 “Affiliated Fund” shall mean, with respect to any
specified Person, an investment fund that is an Affiliate of such Person or an entity that is directly or indirectly wholly-owned by such Person or one or more of such funds (other than a portfolio company of any such fund). 
 “Agreement” shall have the meaning set forth in the Preface. 
 “Articles” means Luxco’s Articles of Association and the terms of the PECs and the CPECs, each as amended from time to time in
accordance with the terms thereof. 
  

 - 20 - 

 “Bain” shall have the meaning set forth in the Preface. 
 “CCMPA” means Asia Opportunity Fund II, L.P., an exempted limited partnership formed under the laws of the Cayman Islands, and AOF II
Employee Co-Invest Fund, L.P., an exempted limited partnership formed under the laws of the Cayman Islands. 
 “CPECs” shall
have the meaning set forth in the Recitals. 
 “Demand Notice” shall have the meaning set forth in Section 1.2.

 “Demand Registrations” shall have the meaning set forth in Section 1.1. 
 “Dutchco” shall have the meaning set forth in the Preface. 
 “Dutchco Board” means the managing board of Dutchco. 
 “Dutchco Management Plans” means the 2006 Dutchco Management Option Plan and the 2006 Dutchco Management Securities Purchase, along with any attachments thereto and any award agreements entered into
pursuant to the terms thereof. 
 “Dutchco Registrable Securities” means (i) any Ordinary Shares of Dutchco issued to
or otherwise acquired by Luxco or the Investors, and (ii) any equity securities issued or issuable directly or indirectly with respect to any of the foregoing securities referred to in clause (i) by way of stock dividend or stock split or
in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization or upon conversion thereof. As to any particular securities constituting Dutchco Registrable Securities, such shares will cease to be Dutchco
Registrable Securities when they have been (x) effectively registered under the Securities Act and disposed of in accordance with the registration statement covering them, or (y) sold to the public pursuant to Rule 144 under the Securities
Act or any similar law of a country other than the United States. For purposes of this Agreement, a Person will be deemed to be a holder of Dutchco Registrable Securities whenever such Person has the right to acquire directly or indirectly such
Dutchco Registrable Securities (upon conversion or exercise in connection with a transfer of securities or otherwise, but disregarding any restrictions or limitations upon the exercise of such right), whether or not such acquisition has actually
been effected. For purposes of Section 2.5 only, Dutchco Registrable Securities shall also include any Management Dutchco Securities. 
 “Exchange Act” means the Securities Exchange Act of 1934 or any similar law of any country other than the United States, each as amended, or any successor law then in force. 
 “Family Member” means, with respect to any natural Person, such Person’s spouse and descendants (whether or not adopted) and any
trust, family limited partnership or limited liability company that is and remains at all times solely for the benefit of such Person’s spouse and/or descendants. 
 “Fund IX” means Bain Capital Fund IX, L.P., an exempted limited partnership formed under the laws of the Cayman Islands. 
  

 - 21 - 

 “Fund IX Coinvestment” means Bain Capital IX Coinvestment Fund, L.P., an exempted
limited partnership formed under the laws of the Cayman Islands. 
 “Holdco” shall have the meaning set forth in
Section 7.2. 
 “Indemnitees” shall have the meaning set forth in Section 5.1. 
 “Initial Public Offering” means, with respect to Luxco or Dutchco, the initial firm underwritten Public Offering registered under the
Securities Act (other than a registration statement on From S-4 or S-8 (or any successor or similar form under the Securities Act)). 
 “Investor” shall have the meaning set forth in the Preface. 
 “Issuer” means Luxco, with respect
to any Public Offering by Luxco, and Dutchco, with respect to any Public Offering by Dutchco. 
 “Long-Form Registrations”
shall have the meaning set forth in Section 1.1. 
 “Luxco” shall have the meaning set forth in the Preface.

 “Luxco Management Plan” means the 2006 Luxco Management Securities Purchase, along with any attachments thereto and any
award agreements entered into pursuant to the terms thereof. 
 “Luxco Registrable Securities” means (i) any Ordinary
Shares of Luxco issued to or otherwise acquired by the Investors, and (ii) any equity securities issued or issuable directly or indirectly with respect to any of the foregoing securities referred to in clause (i) by way of stock dividend
or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization or upon conversion thereof. As to any particular securities constituting Luxco Registrable Securities, such shares will
cease to be Luxco Registrable Securities when they have been (x) effectively registered under the Securities Act and disposed of in accordance with the registration statement covering them, or (y) sold to the public pursuant to Rule 144
under the Securities Act or any similar law of a country other than the United States. For purposes of this Agreement, a Person will be deemed to be a holder of Luxco Registrable Securities whenever such Person has the right to acquire directly or
indirectly such Luxco Registrable Securities (upon conversion or exercise in connection with a transfer of securities or otherwise, but disregarding any restrictions or limitations upon the exercise of such right), whether or not such acquisition
has actually been effected. For purposes of Section 1.5 only, Luxco Registrable Securities shall also include any Other Investor Securities and Management Luxco Securities. 
 “Management Dutchco Securities” means (i) any Ordinary Shares of Dutchco issued to or otherwise acquired by employees of
Subsidiaries of Dutchco pursuant to the Dutchco Management Plans, including, without limitation, upon conversion of Dutchco’s deferred payment certificates into Ordinary Shares of Dutchco, and (ii) any equity securities issued or issuable
directly or indirectly with respect to any of the foregoing securities referred to in clause (i) by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other
reorganization or upon conversion thereof. As to 
  

 - 22 - 

 any particular securities constituting Management Dutchco Securities, such shares will cease to be Management Dutchco
Securities when they have been (x) effectively registered under the Securities Act and disposed of in accordance with the registration statement covering them, or (y) sold to the public pursuant to Rule 144 under the Securities Act or any
similar law of a country other than the United States. For purposes of this Agreement, a Person will be deemed to be a holder of Management Dutchco Securities whenever such Person has the right to acquire directly or indirectly such Management
Dutchco Securities (upon conversion or exercise in connection with a transfer of securities or otherwise, but disregarding any restrictions or limitations upon the exercise of such right), whether or not such acquisition has actually been effected.

 “Management Luxco Securities” means (i) any Ordinary Shares of Luxco issued to or otherwise acquired by employees of
Subsidiaries of Luxco pursuant to the Luxco Management Plan, including, without limitation, upon conversion of CPECs into Ordinary Shares of Luxco, and (ii) any equity securities issued or issuable directly or indirectly with respect to any of
the foregoing securities referred to in clause (i) by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization or upon conversion thereof. As to any
particular securities constituting Management Luxco Securities, such shares will cease to be Management Luxco Securities when they have been (x) effectively registered under the Securities Act and disposed of in accordance with the registration
statement covering them, or (y) sold to the public pursuant to Rule 144 under the Securities Act or any similar law of a country other than the United States. For purposes of this Agreement, a Person will be deemed to be a holder of Management
Luxco Securities whenever such Person has the right to acquire directly or indirectly such Management Luxco Securities (upon conversion or exercise in connection with a transfer of securities or otherwise, but disregarding any restrictions or
limitations upon the exercise of such right), whether or not such acquisition has actually been effected. 
 “Ordinary
Shares” means, as it relates to Luxco, the Ordinary Shares of Luxco, par value €1.25 per share, and, as it relates to Dutchco, the Ordinary Shares of Dutchco, par value €0.01 per share. 
 “Other Investor” shall have the meaning set forth in the Preface. 
 “Other Investor Securities” means (i) any Ordinary Shares of Luxco issued to or otherwise acquired by CCMPA and K&E Investment
Partners, LP, a Delaware limited partnership, pursuant to the Subscription Agreement, including, without limitation, upon conversion of CPECs into Ordinary Shares of Luxco, and (ii) any equity securities issued or issuable directly or
indirectly with respect to any of the foregoing securities referred to in clause (i) by way of stock dividend or stock split or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization or upon
conversion thereof. As to any particular securities constituting Other Investor Securities, such shares will cease to be Other Investor Securities when they have been (x) effectively registered under the Securities Act and disposed of in
accordance with the registration statement covering them, or (y) sold to the public pursuant to Rule 144 under the Securities Act or any similar law of a country other than the United States. For purposes of this Agreement, a Person will be
deemed to be a holder of Other Investor Securities whenever such Person has the right to acquire directly or indirectly such 
  

 - 23 - 

 Other Investor Securities (upon conversion or exercise in connection with a transfer of securities or otherwise, but
disregarding any restrictions or limitations upon the exercise of such right), whether or not such acquisition has actually been effected. 
 “Parent” shall have the meaning set forth in the Preface. 
 “Parent Board” means the board of
directors of Parent. 
 “Person” means an individual, a partnership, a joint venture, a corporation, a limited liability
company, a trust, an unincorporated organization and a government or any department or agency thereof. 
 “Piggyback
Registration” shall have the meaning set forth in Section 3.1. 
 “Public Offering” means a public offering
and sale of Common Stock pursuant to an effective registration statement under the Securities Act. 
 “Purchase Agreement”
shall have the meaning set forth in the Recitals. 
 “Registrable Securities” means Luxco Registrable Securities or Dutchco
Registrable Securities, as applicable. 
 “Registration Expenses” shall have the meaning set forth in Section 4.2.

 “Securities Act” means the Securities Act of 1933 or any similar law of any country other than the United States, each as
amended, or any successor law then in force. 
 “Securities and Exchange Commission” includes any governmental body or
agency responsible for administering federal securities laws in the United States or the equivalent body of any other country. 
 “Securities Exchange Act” means the Securities Exchange Act of 1934 or any similar law of any country other than the United States, each as amended, or any successor law then in force. 
 “Securityholders Agreement” means that certain Securityholders Agreement, dated as of the date hereof, by and among Parent, Luxco,
Dutchco, Bain, and CCMPA. 
 “Securityholders” shall have the meaning set forth in the Preface. 
 “Series 1 PECs” shall have the meaning set forth in the Recitals. 
 “Shelf Registration” shall have the meaning set forth in Section 1.4. 
 “Short-Form Registrations” shall have the meaning set forth in Section 1.1. 
 “Subsidiary” means, with respect to any Person, any corporation, limited liability company, partnership, association, or other business
entity of which (i) if a corporation, a majority of the total voting power of securities entitled (without regard to the occurrence of any contingency) to vote in the election of directors, managers or trustees thereof is at the time

  

 - 24 - 

 owned or controlled, directly or indirectly, by that Person or one or more of the other Subsidiaries of that Person or a
combination thereof, or (ii) if a limited liability company, partnership, association or other business entity, a majority of the limited liability company, partnership or other similar ownership interest thereof is at the time owned or
controlled, directly or indirectly, by any Person or one or more Subsidiaries of that Person or a combination thereof. For purposes hereof, a Person or Persons shall be deemed to have a majority ownership interest in a limited liability company,
partnership, association or other business entity if such Person or Persons shall be allocated a majority of limited liability company, partnership, association or other business entity gains or losses or shall be or control the managing director or
general partner of such limited liability company, partnership, association or other business entity. 
 “Transaction
Agreements” shall have the meaning set forth in Section 6.2. 
 “U.S. Company” means Sensata Technologies,
Inc., a Delaware corporation. 
 “U.S. Company Board” means the board of directors of the U.S. Company. 
 “VCOC Member” shall have the meaning set forth in Section 6.1.3(b). 
 8. MISCELLANEOUS. 
 8.1. No Inconsistent Agreements; Foreign Registration. Luxco will
not hereafter enter into any agreement with respect to its securities which is inconsistent with or violates the rights granted to the holders of Registrable Securities in this Agreement. In the event the Board and Bain approve a Public Offering or
a sale of the securities of Luxco or Dutchco pursuant to the securities laws of a country other than the United States of America, the Board shall have the power to amend this Agreement in such manner as it shall deem reasonably necessary to ensure
that the provisions of this Agreement will apply in a substantial manner to any offering or sale under such foreign securities laws. 
 8.2.
Adjustments Affecting Luxco Registrable Securities. Luxco will not take any action, or permit any change to occur, with respect to its securities which would materially and adversely affect the ability of the holders of Luxco Registrable
Securities to include such Luxco Registrable Securities in a registration undertaken pursuant to this Agreement or which would adversely affect the marketability of such Luxco Registrable Securities in any such registration (including, without
limitation, effecting a stock split or a combination of shares). If the holders of Luxco Registrable Securities create a new holding company (“Holdco”), the result of which is that the stockholders of Luxco immediately before such
event become all the stockholders of Holdco, then in each instance the provisions of this Agreement will, in addition to applying to Luxco, also apply to Holdco in the same manner as if Holdco were substituted for Luxco throughout this Agreement.

 8.3. Remedies. The parties hereto agree and acknowledge that money damages may not be an adequate remedy for any breach of the
provisions of this Agreement and that, in addition to any other rights and remedies at law or in equity existing in its favor, any party shall be entitled to specific performance and/or other injunctive relief from any court of law or equity of
competent jurisdiction (without posting any bond or other security) in order to enforce or prevent violation of the provisions of this Agreement. 
  

 - 25 - 

 8.4. Amendment and Waiver. Except as otherwise provided herein, the provisions of this Agreement
may be amended or waived only upon the prior written consent of Luxco and Bain Capital Partners, LLC, a Delaware limited liability company, on behalf of Bain; provided that Section 6.1.3(b) or Section 6.3.2(c) or (d) may not be
amended without the prior written consent of any VCOC Member adversely affected thereby. The failure of any party to enforce any of the provisions of this Agreement shall in no way be construed as a waiver of such provisions and shall not affect the
right of such party thereafter to enforce each and every provision of this Agreement in accordance with its terms. 
 8.5. Successors and
Assigns; Transferees. This Agreement shall be binding upon and inure to the benefit of and be enforceable by the parties hereto and their respective successors and assigns. In addition, and whether or not any express assignment shall have been
made, the provisions of this Agreement which are for the benefit of the holders of Registrable Securities (or any portion thereof) as such shall be for the benefit of and enforceable by any subsequent holder of any Registrable Securities (or of such
portion thereof), subject to the provisions respecting the minimum numbers or percentages of shares of Registrable Securities (or of such portion thereof) required in order to be entitled to certain rights, or take certain actions, contained herein.

 8.6. Severability. Whenever possible, each provision of this Agreement shall be interpreted in such manner as to be effective and
valid under applicable law, but if any provision of this Agreement is held to be invalid, illegal or unenforceable in any respect under any applicable law or rule in any jurisdiction, such invalidity, illegality or unenforceability shall not affect
any other provision or the effectiveness or validity of any provision in any other jurisdiction, and this Agreement shall be reformed, construed and enforced in such jurisdiction as if such invalid, illegal or unenforceable provision had never been
contained herein. 
 8.7. Counterparts. This Agreement may be executed in separate counterparts, each of which shall be an original
and all of which taken together shall constitute one and the same Agreement. 
 8.8. Descriptive Headings. The descriptive headings of
this Agreement are inserted for convenience only and do not constitute a part of this Agreement. 
 8.9. Notices. Any and all notices
or other communications or deliveries required or permitted to be provided hereunder shall be in writing and shall be deemed given, delivered, and effective on the earliest of (i) the date of transmission, if such notice or communication is
delivered via facsimile at the facsimile telephone number specified in this Section 8.9 prior to 5:00 p.m. (New York time) on a Business Day, (ii) the Business Day after the date of transmission, if such notice or communication is
delivered via facsimile at the facsimile telephone number specified in this Agreement later than 5:00 p.m. (New York time) on any Business Day and earlier than 11:59 p.m. (New York time) on such day, (iii) one (1) Business Day after when
sent, if sent by nationally recognized overnight courier service (charges prepaid), or (iv) upon actual receipt by the party to whom such notice is required to be given. The address for such notices and communications shall be as follows:

  

 - 26 - 

 To Luxco: 
 Sensata Investment Company S.C.A. 
 5, Parc d’Activité Syrdall 
 L-5365 Munsbach 
 Luxembourg 
 Attention:    Mrs. Ailbhe Jennings 
 Telephone No.: 352-0-2615-7232 
 Facsimile No.: 352-0-2615-7222 
 with a copy (which shall not constitute notice) to Bain and to: 
 Kirkland & Ellis
LLP 
 200 East Randolph Drive 
 Chicago, Illinois 60611 
 Attention:    Jeffrey C. Hammes, P.C.

                       Matthew E. Steinmetz, P.C. 
                       Jeffrey W. Richards 
 Telephone No.: 312-861-2000 
 Facsimile No.: 312-861-2200 
 To Dutchco: 
 Sensata Technologies Holding B.V. 
 c/o Amaco Management Services B.V. 
 Amsteldijk 166-6 
 1079 LH Amsterdam 
 P.O. Box 74120 
 1070 BC Amsterdam 
 The Netherlands 
 Attention: Nienke Vlasman 
 Telephone No.: 31-20-644-6125 
 Facsimile No.: 31-20-642-3185 
 with a copy (which shall not constitute notice) to Bain and to: 
 Kirkland & Ellis
LLP 
 200 East Randolph Drive 
 Chicago, Illinois 60611 
 Attention:    Jeffrey C. Hammes, P.C.

                       Matthew E. Steinmetz, P.C. 
                       Jeffrey W. Richards 
 Telephone No.: 312-861-2000 
 Facsimile No.: 312-861-2200 
  

 - 27 - 

 To Parent: 
 Sensata Management Company S.A. 
 5, Parc d’Activité Syrdall 
 L-5365 Munsbach 
 Luxembourg 
 Attention:    Mrs. Ailbhe Jennings 
 Telephone No.: 352-0-2615-7232 
 Facsimile No.: 352-0-2615-7222 
 with a copy (which shall not constitute notice) to Bain and to: 
 Kirkland & Ellis
LLP 
 200 East Randolph Drive 
 Chicago, Illinois 60611 
 Attention:    Jeffrey C. Hammes, P.C.

                       Matthew E. Steinmetz, P.C. 
                       Jeffrey W. Richards 
 Telephone No.: 312-861-2000 
 Facsimile No.: 312-861-2200 
 To Bain: 
 c/o Bain Capital Partners, LLC 
 745 Fifth Avenue 
 New York, New York 10151 
 Attention:    Ed Conard 
                       Paul Edgerley 
                       Stephen M. Zide 
 Telephone No.: 212-326-9420 
 Facsimile No.: 212-421-2225 
 and, if to Bain Capital Fund VIII-E, L.P., to: 
 Bain Capital Fund VIII-E, L.P. 
 Devonshire House 6th floor, Mayfair Place 
 London, England W1J 8AJ 
 Attention:    Walid Sarkis 
 Telephone No.: 44 (20) 7514-5252

 Facsimile No.: 44 (20) 7514-5250 
 and, if to any of Prospect Harbor Credit Partners, L.P., Sankaty Credit 
 Opportunities, L.P., Sankaty Credit Opportunities II, L.P., and Sankaty High 
 Yield Partners III, L.P., to: 
 c/o Sankaty Advisors, LLC 
 111 Huntington Avenue 
 Boston, MA 02119 
 Attention:    Jonathan Lavine 
 Telephone No.: 617-516-2000 
 Facsimile No.: 617-516-2010 
  

 - 28 - 

 and, if to Brookside Capital Partners Fund, L.P., to: 
 Brookside Capital Partners Fund, L.P. 
 c/o Brookside Capital, LLC 
 111 Huntington Avenue 
 Boston, MA 02119 
 Attention:    Domenic Ferrante 
 Telephone No.: 617-516-2000 
 Facsimile No.: 617-516-2010 
 and, in any event, with a copy (which shall not constitute notice) to: 
 Kirkland &
Ellis LLP 
 200 East Randolph Drive 
 Chicago, Illinois 60611 
 Attention:    Jeffrey C. Hammes, P.C. 
                       Matthew E. Steinmetz, P.C. 
                       Jeffrey W. Richards 
 Telephone No.: 312-861-2000 
 Facsimile No.: 312-861-2200 
 To Other Investor: 
 K&E Investment Partners, LP 
 200 East Randolph Drive 
 Chicago, Illinois 60611 
 Attention:    Nuala Murray 
 Telephone No.: 312-861-2000 
 Facsimile No.: 312-861-2200 
 8.10. Delivery by Facsimile. This Agreement and any signed agreement or
instrument entered into in connection herewith or contemplated hereby, and any amendments hereto or thereto, to the extent signed and delivered by means of a facsimile machine, shall be treated in all manner and respects as an original agreement or
instrument and shall be considered to have the same binding legal effect as if it were the original signed version thereof delivered in person. At the request of any party hereto or to any such agreement or instrument, each other party hereto or
thereto shall re-execute original forms thereof and deliver them to all other parties. No party hereto or to any such agreement or instrument shall raise the use of a facsimile machine to deliver a signature or the fact that any signature or
agreement or instrument was transmitted or communicated through the use of a facsimile machine as a defense to the formation of a contract and each such party forever waives any such defense. 
  

 - 29 - 

 8.11. Governing Law. The corporate law of Delaware will govern all issues concerning the relative
rights of Luxco and its Securityholders. All other issues concerning this agreement shall be governed by and construed in accordance with the laws of the State of New York, without giving effect to any choice of law or conflict of law provision or
rule (whether of the State of New York or any other jurisdiction) that would cause the application of the law of any jurisdiction other than the State of New York. 
 *    *    *    * 
  

 - 30 - 

 IN WITNESS WHEREOF, the parties hereto have executed this Investor Rights Agreement as of the day and
year first above written. 
  

			
	PARENT:
	
	SENSATA MANAGEMENT COMPANY S.A.
		
	By:	 	 /s/ Ailbhe Jennings

	Name:	 	Ailbhe Jennings
	Its:	 	Authorized Signatory
	
	LUXCO:
	
	 SENSATA INVESTMENT COMPANY S.C.A.

		
	 By:
	 	Sensata Management Company S.A.
	 Its:
	 	Manager
		
	By:	 	 /s/ Michael Goss

	Name:	 	Michael Goss
	Its:	 	Authorized Signatory
	
	 DUTCHCO:

	
	SENSATA TECHNOLOGIES HOLDING B.V.
		
	By:	 	 /s/ M.F. Stijger

	Name:	 	Amaco Management Services B.V.
	Its:	 	Managing Director

 Signature Page to Investor Rights Agreement 

			
	BAIN:
	
	BAIN CAPITAL FUND VIII, L.P.
		
	By:	 	Bain Capital Partners VIII, L.P.
	Its:	 	General Partner
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BAIN CAPITAL VIII COINVESTMENT FUND, L.P.
		
	By:	 	Bain Capital Partners VIII, L.P.
	Its:	 	General Partner
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BAIN CAPITAL FUND VIII-E, L.P.
		
	By:	 	Bain Capital Partners VIII-E, L.P.
	Its:	 	General Partner
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director

 Signature Page to Investor Rights Agreement 

			
	BAIN CAPITAL FUND IX, L.P.
		
	By:	 	Bain Capital Partners IX, L.P.
	Its:	 	General Partner
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BAIN CAPITAL IX COINVESTMENT FUND, L.P.
		
	By:	 	Bain Capital Partners IX, L.P.
	Its:	 	General Partner
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	General Partner
		
	By:	 	 /s/ Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BROOKSIDE CAPITAL PARTNERS FUND, L.P.
		
	By:	 	 /s/ Domenic Ferrante

	Name:	 	Domenic Ferrante
	Its:	 	Authorized Signatory

 Signature Page to Investor Rights Agreement 

			
	PROSPECT HARBOR CREDIT PARTNERS, L.P.
		
	By:	 	 /s/  Jonathan Lavine

	Name:	 	Jonathan Lavine
	Its:	 	Authorized Signatory
	
	SANKATY CREDIT OPPORTUNITIES, L.P.
		
	By:	 	 /s/  Jonathan Lavine

	Name:	 	Jonathan Lavine
	Its:	 	Authorized Signatory
	
	SANKATY CREDIT OPPORTUNITIES II, L.P.
		
	By:	 	 /s/  Jonathan Lavine

	Name:	 	Jonathan Lavine
	Its:	 	Authorized Signatory
	
	SANKATY HIGH YIELD PARTNERS III, L.P.
		
	By:	 	 /s/  Jonathan Lavine

	Name:	 	Jonathan Lavine
	Its:	 	Authorized Signatory

 Signature Page to Investor Rights Agreement 

			
	BCIP ASSOCIATES III
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	Managing General Partner
		
	By:	 	 /s/  Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BCIP ASSOCIATES III-B
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	Managing General Partner
		
	By:	 	 /s/  Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BCIP TRUST ASSOCIATES III
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	Managing General Partner
		
	By:	 	 /s/  Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director
	
	BCIP TRUST ASSOCIATES III-B
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	Managing General Partner
		
	By:	 	 /s/  Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director

 Signature Page to Investor Rights Agreement 

			
	BCIP ASSOCIATES-G
		
	By:	 	Bain Capital Investors, LLC
	Its:	 	Managing General Partner
		
	By:	 	 /s/  Stephen M. Zide

	Name:	 	Stephen M. Zide
	Its:	 	Managing Director

 Signature Page to Investor Rights Agreement 

			
	OTHER INVESTORS:
	
	K&E INVESTMENT PARTNERS, LP
		
	By:	 	K&E Investment Management, LLC
	Its:	 	General Partner
		
	By:	 	 /s/  Matthew Steinmetz

	Name:	 	Matthew Steinmetz
	Its:	 	Authorized Signatory

 Signature Page to Investor Rights Agreement 

 Schedule of Holders 
 SENSATA INVESTMENT COMPANY S.C.A. 
  

							
	 Investor
	  	Series 1 PECs	  	CPECs	  	Ordinary Shares
	 Bain:
	  		  		  	
	 Bain Capital Fund VIII, L.P.
	  	108,963,504	  	30,558,675	  	174,621
	 Bain Capital VIII Coinvestment Fund, L.P.
	  	33,609,888	  	9,425,850	  	53,862
	 Bain Capital Fund VIII-E, L.P.
	  	50,911,536	  	14,278,075	  	81,589
	 Bain Capital Fund IX, L.P.
	  	180,178,128	  	50,530,725	  	288,747
	 Bain Capital IX Coinvestment Fund, L.P.
	  	12,218,544	  	3,426,675	  	19,581
	 Brookside Capital Partners Fund, L.P.
	  	39,257,088	  	11,009,600	  	62,912
	 Prospect Harbor Credit Partners, L.P.
	  	1,002,144	  	281,050	  	1,606
	 Sankaty Credit Opportunities, L.P.
	  	1,002,144	  	281,050	  	1,606
	 Sankaty Credit Opportunities II, L.P.
	  	2,755,584	  	772,800	  	4,416
	 Sankaty High Yield Partners III, L.P.
	  	250,224	  	70,175	  	401
	 BCIP Associates III
	  	9,640,800	  	2,703,750	  	15,450
	 BCIP Trust Associates III
	  	1,925,040	  	539,875	  	3,085
	 BCIP Associates III-B
	  	781,248	  	219,100	  	1,252
	 BCIP Trust Associates III-B
	  	91,104	  	25,550	  	146
	 BCIP Associates-G
	  	84,864	  	23,800	  	136
				
	 Other Investors:
	  		  		  	
	 K&E Investment Partners, L.P.
	  	751,296	  	210,700	  	1,204SUPPLY AND PURCHASE AGREEMENT, DATED OCTOBER 17, 2005

 Exhibit 10.25 
 Supply and Purchase Agreement 
 by and between 
 Engineered Materials Solutions, Inc. 
 and 
 Texas Instruments Incorporated 
 Dated 10/17/05 
 This Supply and Purchase Agreement (the “Agreement”), made this 17th day of December, 2005 (the “Effective Date”), is by and between Texas Instruments Incorporated, a Delaware
corporation, with its principal place of business at 34 Forest Street, Attleboro, MA 02703 (hereinafter “BUYER”), and Engineered Materials Solutions, Inc., a Delaware corporation, with its principal place of business at 39 Perry Avenue,
Attleboro, MA 02703 (hereinafter “SUPPLIER”). 
 EFFECTIVE PERIOD: June 1, 2005 through December 31, 2010 
 This Agreement sets forth the understandings reached by the parties to this Agreement during negotiations concerning the items and work listed herein. SUPPLIER, and any
foreign subsidiaries of SUPPLIER, hereby grant to Texas Instruments Incorporated, Sensors & Controls (“BUYER”), and its foreign subsidiaries, a continuing right to purchase, in whole or in part, the bimetal items listed herein in
accordance with the following terms and conditions. As to the purchase of bimetal products on or after June 1, 2005, this Agreement replaces the Supply and Purchase Agreement dated November 13, 2000. 
 1. Definitions. 
 1.1
“Affiliate” – Any BUYER majority-owned subsidiary, division or subdivision existing at the time of signing this Agreement or any subsidiary, division or subdivision thereafter added or acquired. 
 1.2 “Agreement” – Unless the context otherwise requires, references to this Agreement include this agreement and all applicable
Addenda referred to herein and/or attached hereto, all of which are incorporated herein by this reference. 
 1.3 “Committed Ship
Date” (“CSD”) – The date SUPPLIER agrees to have Product available to ship to BUYER based upon a Purchase Order or Order. 
 1.4 “Days” – All references to days shall mean calendar days unless otherwise indicated. 
  

 1 

 1.5 “Flexibility” – The allowable change in BUYER’s Forecast without changing
BUYER’s pricing and Lead-Time terms. 
 1.6 “Forecast” – A non-binding planning tool that expresses BUYER’s
estimated Product demand for time periods beyond the firm order period established by the lead-time, typically in weekly and/or monthly quantities. 
 1.7 “Lead-Time” – Period of time SUPPLIER requires to fulfill a Purchase Order, which will generally be eight (8) weeks unless agreed otherwise by the parties, or as set forth in Attachment E for SMI items or
Attachment G for “C” items. 
 1.8 “Product” – Any item described in Attachment A, and any additional products
that the parties agree from time to time will constitute “Products.” 
 1.9 “Product Specifications” – The
specifications for the Product(s) as defined in Attachment A. 
 1.10 “Purchase Order” or “Order” – A binding
document issued by BUYER for the purpose of ordering Product pursuant to this Agreement. Purchase Orders or Orders may include a BUYER Purchase Order Form, or a defined Electronic Data Interchange (EDI) order transmission as mutually defined and
agreed to by the parties. 
 1.11 “SUPPLIER Scorecard” – A documented BUYER process whereby SUPPLIER’s performance
is evaluated based on the following criteria: delivery and quality as and defined in Attachment D. 
 2. TERM & TERMINATION 
 (a) The Agreement set forth herein shall be valid for the Effective Period shown above unless sooner terminated as hereinafter provided. Upon mutual agreement of both
parties this Agreement can be extended for one (1) year through written notice (delivered or mailed prepaid) prior to the expiration of this Agreement. Deliveries may extend for twelve (12) months thereafter. 
 (b) An event of default shall occur if either party: 
 Ceases conducting
business in the normal course, makes a general assignment for the benefit of creditors, suffers or permits the appointment of a receiver for its business or assets, or becomes subject to any proceeding under any statute of any governing authority
relating to insolvency or the protection of rights of creditors; or (1) materially breaches any of its obligations under this Agreement, (2) fails to cure such breach within sixty (60) days following receipt of written notice from the
non-defaulting party describing in reasonable detail the nature of such breach, unless that material breach cannot be cured within the 60-day period, in which case the defaulting party will have a reasonable time to cure that material breach so long
as it diligently pursues that cure, and (3) the non-defaulting party provides the defaulting party with written notice within ten (10) days following the expiration of that period set forth in Section l(b)(2) informing the defaulting party
that a default has occurred. 
 If an event of default occurs, the non-defaulting party shall have the right to terminate this Agreement, with limited
liability, by giving sixty (60) days written notice to the other. The liability will be limited to payment for materials shipped, materials covered by firm orders, and materials held in FG inventory or in process to support forecast.

 (c) Termination for Failure to Maintain Quality Standards. BUYER shall have the right to terminate this Agreement if SUPPLIER fails to achieve or maintain
the minimum SUPPLIER Scorecard ratings set forth in section 15 for a period of three (3) consecutive months and fails to implement a cure within 60 days 
  

 2 

 of written notice from BUYER of such condition. In such event, BUYER shall have the right to terminate this Agreement,
without liability (with the exception of amounts already owed at that time by BUYER to SUPPLIER pursuant to this Agreement), immediately by giving written 4 month notice to SUPPLIER. If SUPPLIER fails to maintain itself as QS-9000 compliant and ISO
registered, then BUYER may immediately terminate existing orders hereunder, in whole or in part, without any liability. 
 3. PRODUCTS AND QUANTITIES

 (a) This Agreement is not a purchase order and does not authorize delivery of or payment for any goods. 
 SUPPLIER shall provide 100% and BUYER will purchase exclusively from SUPPLIER all BUYER’S requirements for bimetal product described in Attachment A (which is
attached hereto and by this reference made a part hereof) to all BUYER entities and affiliates globally at the prices shown thereon. SUPPLIER shall also provide 100% of all redesigned or new bimetal materials purchased by BUYER during the period of
this agreement, provided SUPPLIER can meet BUYER’s specification for the new bimetal item. 
 SUPPLIER understands that BUYER has acquired, and may in
the future acquire, businesses that have existing bimetal strip and parts suppliers and satisfactory histories. BUYER is not initially obligated to transition these arrangements to SUPPLIER. SUPPLIER will be asked to quote on all existing bimetal
strip and parts that are purchased by any acquired company or any new bimetal strip and parts that BUYER may need to purchase from acquisition of new business, generation of new products or other means. SUPPLIER will be awarded these items provided;
(1) the SUPPLIER pricing is market competitive per section 4(d) and (2) BUYER conversion costs are economically viable for BUYER. SUPPLIER understands a reasonable conversion period may be necessary. 
 BUYER understands that SUPPLIER will initially be manufacturing product at its Attleboro, MA facility. SUPPLIER will be initiating production at a China based facility
commencing by the end of 2006. 
 (b) SUPPLIER and BUYER will work together in earnest to qualify SUPPLIER’s bimetal for all of BUYER’S
applications. If SUPPLIER is not able to meet the technical performance specifications required for BUYER’s application. BUYER must then inform SUPPLIER of this in writing and give SUPPLIER 90 days to correct the situation. If SUPPLIER is
unable to meet the specification, then BUYER is free to purchase this item for this application from other sources. 
 (c) On a monthly basis, BUYER shall
provide to the SUPPLIER a three (3) month product forecast for all items listed in Attachment A from all locations including affiliates. Product forecasts may be provided in electronic format (Excel spreadsheet). SUPPLIER understands and
acknowledges that the first and second months of each product forecast are firm build orders and the third months are merely estimates with no binding effect. For firm orders, BUYER shall be responsible to SUPPLIER for the full contract price.
Forecast for all SMI items are defined in attachment E. 
 (d) SUPPLIER shall respond within two business days following receipt of each monthly Forecast via
written or electronic communication. If SUPPLIER cannot accept the two months firm order or meet BUYER’S Forecasted quantities of Product, SUPPLIER will indicate as such in its response. SUPPLIER will include a description of any actions
SUPPLIER would have to take to satisfy BUYER’s demand as set forth in that Forecast. Absent any such notice, SUPPLIER shall be deemed to have accepted such Orders and Forecasts. 
 (e) Except as provided in section 3 (a) above, BUYER agrees to place all of its orders with and purchase all of its requirements from SUPPLIER for the Products purchased as of May 31, 2005 during the term of
this Agreement, unless SUPPLIER is unable to meet BUYER’s demand as set forth in a Forecast. If SUPPLIER is unable to meet BUYER’s average monthly demand (based on average of 12 month forecast), BUYER is free to purchase material from
other sources until SUPPLIER is able to meet said demand. 
  

 3 

 (f) The consideration for this Agreement is the initial commitment of BUYER to purchase the items set forth in its
initial purchase order. 
 (g) SUPPLIER will work to reduce lead-times during the course of this agreement. SUPPLIER will work toward a goal of 4 weeks
lead-time for “B” items (non-SMI and non “C” items). To achieve this goal, SUPPLIER will need support and assistance from BUYER. This includes monthly forecasts from all sites, long range planning to level production, a means of
minimizing expedite orders and communication of requirements via electronic data exchange. This is a long range, but important goal that will take significant effort from both parties to achieve. SUPPLIER agrees to work in earnest to meet the goal.
The level of cooperation will dictate the degree of success. 
 4. PRICES 
 (a) Prices herein are Ex works in accordance with Incoterms 2000. 
 (b) Prices shall be in accordance with initial prices
and adjustments to fabrication prices as shown in Attachment A (except as modified in Sections 4(d-e)). 
 (c) BUYER will not accept shipment at any increase
in price above that indicated on this Agreement unless previously agreed to in writing (Attachment A). 
 (d) Both parties to this Agreement agree to meet on
an annual basis to review market conditions. Specifically, this will include market pricing for BUYER’s products, expected volumes needed from SELLER to BUYER and the impact this could have on SUPPLIER’s cost structure, market pricing of
SELLER’s products, and changes in raw material markets that could affect the cost structure of SELLER. If after reviewing all of these areas either party is dissatisfied in the “good faith” nature of the discussions, then either party
has the right to open the contract and seek permanent changes to it. 
 (e) When SUPPLIER’s China operations are fully integrated and substantially
complete, and when all BUYER product approvals have been substantially completed, SUPPLIER agrees to enter into discussions with BUYER to review additional price downs, provided that the costs of the SUPPLIER’s China operation are below the
costs that were used in the 2005-2010 Agreement. See Attachment B for China Start-up assumptions. 
 5. DELIVERY 
 (a) SUPPLIER agrees to make expedited deliveries and pay for such deliveries provided the following conditions are all met; 
  

	 	•	 	Product was ordered with standard 8 week lead-time or greater 

  

	 	•	 	Product is not on the list of “C” items, shown in Attachment G 

  

	 	•	 	Quantity ordered was not increased or exceed the forecasted quantity 

  

	 	•	 	Item ordered is not a sample or first time order. 

  

	 	•	 	Order is not a pull-in or reschedule 

 (b) Unless otherwise agreed in
writing, SUPPLIER shall not make commitments for material in production in excess of the amount or in advance of the time necessary to meet BUYER’s forecast. It is SUPPLIER’s responsibility to comply with this schedule, but not anticipate
BUYER’s requirements. Goods shipped to BUYER in advance of schedule date minus 5 days may be returned to SUPPLIER at SUPPLIER’s expense. A shipment is counted as on time if it is shipped within –5/+0 days of the request 
  

 4 

 date, provide the request meets SUPPLIER’s standard 8 week lead-time. BUYER may change forecast quantities without
restriction. Orders within 21 days of the original promise date cannot be rescheduled (pushed out or pulled in) unless reviewed and approved by SUPPLIER. Orders outside 21 days of the original promise date can be rescheduled out for up to 30 days
from the original promise date. Reschedule in requests will be reviewed and accepted at SUPPLIER’s discretion. BUYER agrees to take pushed out items within 30 days of original promise date. Orders may be cancelled per Section 11.
Rescheduled orders (pull ins or pushouts) will be excluded from SUPPLIER on time delivery metric. Increases in quantity will be considered a new order for the increased amount. Reductions in quantities will be considered cancellation of the reduced
quantity. 
 (c) In addition to the packing and shipping instructions specified by BUYER, the goods shall be packaged in accordance with commercially
acceptable standards, or to applicable BUYER specifications, to ensure safe arrival at BUYER’s location. 
 (d) Neither party will be liable for damages
because of delays in or failure of performance when the delay or failure is due to acts of God, acts of civil or military authority, fire, earthquake, flood, strikes, war, epidemics, shortage of power, or other causes beyond such party’s
reasonable control and without its fault or negligence, if the party (a) used commercially reasonable efforts to avoid or uses commercially reasonable efforts to remove the conditions, (b) notifies the other party promptly upon becoming
aware of such condition, and (c) continues performance as soon as practicable after the conditions are removed. Provided non-delivery is a result of Force Majeure as described above, BUYER shall be entitled to obtain like Product from other
sources to meets its immediate needs up to and until SUPPLIER can resume normal delivery. 
 (e) SUPPLIER agrees to accept emergency orders from BUYER as
feasible based on material and manufacturing limitations. These will be evaluated on a case-by-case basis and accepted at SUPPLIER’s discretion. Emergency Orders will not be part of the SUPPLIER Scorecard. Emergency orders are orders with
lead-times of less than 8 weeks. 
 (f) SUPPLIER shall notify BUYER as soon as practical upon becoming aware of any instance, which will affect delivery,
quantity or committed ship date. If such instance is not due to BUYER’s actions, BUYER shall be entitled to obtain like Product from other sources to meet its immediate needs up to and until SUPPLIER can resume normal delivery. Buyer will not
exercise this clause for minor quality or delivery issues. In the case of minor quality or delivery issues, If BUYER’s delivery to BUYER’s customers are negatively effected and BUYER and SUPPLIER cannot come to mutual agreement, then after
written notification, BUYER may exercise this clause. 
 6. SPECIFICATIONS 
 a) SUPPLIER shall deliver the goods in accordance with the specifications as agreed to in writing by the parties, unless otherwise specified in BUYER’s purchase order(s) and will be free of defects, in material
and workmanship. BUYER’s purchase orders will define BUYER’s specification number and revision. In the event of specification changes (e.g working under deviations) SUPPLIER and BUYER agree to work together to make the specification change
as quickly as possible. SUPPLIER and BUYER will agree on which specification is current and SUPPLIER will continue to provide products to those agreements until the specification is updated to reflect current practice. Notice of any
SUPPLIER-requested changes or waivers in product characteristic specifications must be given to BUYER in writing and acknowledged by BUYER in writing prior to any deliveries being made of goods manufactured under revised specifications 

(b) BUYER may from time to time change any of the drawings, specifications or instructions for work covered by any purchase order issued hereunder and SUPPLIER shall
review any such change notices. BUYER will communicate all revisions and additions of the specifications to SUPPLIER including revision number. Such changes will apply to new orders and not affect work in process of finished goods. BUYER is
obligated to purchase SUPPLIER’s material supply for these items prior to change, up to the 
  

 5 

 forecast level for said items. If such changes result in a decrease or increase in SUPPLIER’s cost or in the time
for performance, an adjustment in the price and time for performance may be made by the parties in writing, provided, however, that SUPPLIER notifies BUYER of the request for such adjustments within thirty (30) days after receipt by it of the
change notice. BUYER agrees to inform SUPPLIER of all discontinued items and accept liability for said items where forecasts were not consumed by releases. 
 (c) SUPPLIER will consider the feasibility of Product Specification changes, which BUYER may propose. Within twenty (20) days after receipt of any such BUYER proposal, SUPPLIER will furnish to BUYER written comments regarding the
proposed changes including its willingness to implement the change, the price adjustment, if any, and the time schedule required for implementation. If SUPPLIER is unable to meet the specification changes, after a ninety (90) day development
period, BUYER may qualify and purchase this item from alternate supplier, provided the alternate supplier can meet the same specification. BUYER will notify SUPPLIER in writing of this prior any purchases from the alternate supplier. 
 (d) If any change to Products affects the interchangeability of latest version and previous version Product, SUPPLIER will provide a different Product number for the
latest version Products. 
 (e) During the term of this Agreement, and thereafter as long as Products are made available to BUYER, SUPPLIER will, at its
expense, provide BUYER with a copy of each Engineering Change Order (ECO), or like documentation issued with respect to a change in Product Specifications of the Product. Documentation will include: the type and scope of the change, technical
documentation covering the reason for the change (including but not limited to, delivery, rework, stocking and reclamation), and time frames for implementation. Copies will be provided to BUYER no later than ten (10) days after the issuance by
SUPPLIER. BUYER must approve all specification changes prior to implementation by SUPPLIER. 
 7. INVENTORY 
 (a) SUPPLIER agrees to pursue the implementation of a SUPPLIER managed inventory program (SMI) with the intent of maintaining a minimum two (2) week inventory on
each selected part at a mutually agreed upon location. SUPPLIER retains title for all goods in SMI. 
 (b) SMI Programs commercial issues are shown in
Attachment E. 
 8. RETURN MATERIAL AUTHORIZATIONS 
 (a)
Upon SUPPLIER’s confirmation of a shipment of non-conforming material to BUYER (through SUPPLIER’s examination of a representative sample of such nonconforming material via BUYER’s submission of pictures or samples), SUPPLIER agrees
to provide Return Material Authorizations (RMAs) within three (3) working days of such confirmation. 
 (b) Defective material shall be returned freight
collect to SUPPLIER. Replacement material shall be sent freight prepaid from SUPPLIER, who will absorb the burden of any premium transportation when defect or replacement material places critical time or delivery schedule constraints on BUYER. BUYER
agrees to package returned materials to avoid damage during transportation and handling. SUPPLIER will not give credit for materials that were damaged during return due to improper packaging by BUYER, provided the defect is traced to the shipping.
However, SUPPLIER is still liable for the original defect, provided the defect is still visible upon return to SUPPLIER, regardless of the shipping condition. 
  

 6 

 9. LOT TRACEABILITY 
 SUPPLIER shall maintain a system for tracing lots of goods for a period of up to two (2) years after date of manufacture. SUPPLIER shall maintain records for current year plus prior year. Furthermore, SUPPLIER agrees to work
cooperatively with BUYER in an effort to assist with analyzing the failure of goods. 
 10. TERMS AND CONDITIONS 
 The terms and conditions governing each sale of Product will be as set forth in this Agreement (including Attachment C hereto, General Provisions/Terms and Conditions of
Purchase, which by this reference is made a part of this Agreement). Performance under this Agreement issued under this Agreement is expressly limited to the terms and conditions of this Agreement and General Provisions/Terms and Conditions to
Purchase. In the event of a conflict between the terms and conditions of this Agreement and the terms and conditions of General Provisions/Terms and Conditions to Purchase, the terms and conditions of this Agreement will take precedence. Clauses may
only be added to this Agreement only with mutual written agreement of SUPPLIER and BUYER 
 11. CANCELLATION OF PURCHASE ORDERS 
 Purchase orders can be canceled for any reason provided BUYER agrees to pay SUPPLIER for all finished goods, WIP, SFG and raw materials SUPPLIER has in place or on order
to support BUYER’s purchase orders or forecast. Finished goods will be valued at finished product selling price, WIP and SFG at 75% of finished product selling price and raw material at 50% of finished product selling price (per Attachment A).

 12. PRODUCT DISCONTINUANCE 
 SUPPLIER agrees to supply
BUYER with the goods described in Attachment A for the duration of the term of this Agreement. 
 13. NOTICES 
 Any notice, required or permitted to be given hereunder shall be in writing and shall be valid and sufficient if dispatched by registered or certified mail, postage
prepaid, in any post office in the United States addressed as follows: 

			
	If to SUPPLIER:	  	If to BUYER:
	Engineered Materials Solutions, Inc.	  	Texas Instruments
	39 Perry Avenue	  	34 Forest Street, MS 20-21
	Attleboro, MA 02703	  	Attleboro, MA 02703
	Attn: Chief Financial Officer	  	Attn: Legal Counsel

 14. RELEASE OF INFORMATION 
 (a) SUPPLIER and BUYER agree that it is preferable to conduct business under this Agreement on a non-confidential basis and agree to do so to the maximum extent possible. If the exchange of confidential information
becomes necessary, then the exchange will be governed by the non-disclosure agreement signed by and between the parties and attached hereto as Attachment F. 
 15. QUALITY 
 (a) This Agreement, and the purchase order(s) issued under it, is for goods, which will be used in the manufacture of devices,
which will be sold to customers requiring TS 16949 compliance by BUYER. TS 
  

 7 

 16949 requires that BUYER perform subcontractor quality system development in relation to customer specific requirements.
As a subcontractor for this component, SUPPLIER must be ISO 9001:2000 registered and TS 16949 compliant as described in current version of such standards. SUPPLIER’s who are currently QS9000:1998 registered must submit to BUYER a transition
plan to ISO9001:2000 or ISO/TS 16949 for approval. Compliance will be monitored by incoming quality, on-time delivery statistics, BUYER/subcontractor management reviews, periodic progress reports, on-site assessments and other means. BUYER will
provide appropriate reasonable assistance as necessary to SUPPLIER to meet this expectation. 
 (b) All Produce(s) are subject to BUYER’s qualification
process. SUPPLIER will use commercially reasonable efforts to assist BUYER in its Product qualification process, consistent with industry protocols, by providing the following in a timely manner: (a) all pertinent requested Product documents
and information; (b) a copy of all appropriate regulatory certifications; and (c) assistance in resolving any problems that may arise, and any other information or documentation. BUYER may provide this information to its customers and
affiliates on a need-to-know basis at no charge. 
 (c) SUPPLIER shall be subject to the BUYER’s SUPPLIER Scorecard as set forth in Attachment D and
hereby agrees to assist BUYER by providing any data or information reasonably requested by BUYER in connection with generating the SUPPLIER Scorecard. 
 16. WARRANTY 
 (a) SUPPLIER expressly warrants that, for a period of twelve (12) months from the date of shipment from EMS (the
“Warranty Period”), all Products will conform to the relevant mutually agreed upon Product Specifications and will be free from defects in workmanship and materials. The foregoing warranties shall be void and are specifically disclaimed by
SUPPLIER with respect to any Products that are subjected to accident, misuse, neglect, alteration, improper installation, improper handling, unauthorized repair or improper testing, provided any such actions or occurrences are not directly
attributable to SUPPLIER or its agents. No agent, employee or other representative of SUPPLIER has any authority to bind SUPPLIER to any representation or warranty relating to the Products, and any such representation or warranty shall not be deemed
to have become a part of this Agreement and shall be unenforceable except as set forth above. THE FOREGOING WARRANTIES ARE EXCLUSIVE AND IN LIEU OF ALL OTHER WARRANTIES OF MERCHANTABILITY, FITNESS FOR PARTICULAR PURPOSE AND OF ANY OTHER TYPE,
WHETHER EXPRESS OR IMPLIED. 
 (b) For product included in an SMI program, the twelve (12) month warranty period will begin when product is shipped from
SUPPLIER. 
 (c) BUYER may return any defective Product (not meeting specifications in effect at time of order) to SUPPLIER at SUPPLIER’s expense. In
addition to other remedies at law, equity or otherwise, SUPPLIER shall, at BUYER’s option, repair, replace, credit or refund the price of any Products found to be defective during the Warranty Period, and SUPPLIER agrees to reimburse BUYER all
reasonable and actual freight and handling costs associated with such repair or replacement of any defective Product as defined in section 6. 
 17.
LIMITATION OF LIABILITY 
 (a) EXCEPT AS PROVIDED IN SECTION 17(e) BELOW, UNDER NO CIRCUMSTANCES SHALL EITHER PARTY BE LIABLE TO THE OTHER FOR ANY
SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES UNDER THIS AGREEMENT, EVEN IF THE PARTY HAS BEEN NOTIFIED OF THE POSSIBILITY OF ANY SUCH DAMAGES. 
 (b)
BUYER’s continued use or possession of the goods after expiration of the Warranty Period stated above shall be conclusive evidence that the warranty is fulfilled to the full satisfaction of BUYER. 
  

 8 

 (c) Each party (the “indemnitor”) shall defend, indemnify and hold harmless the other party and its affiliated
companies, directors, officers, employees, and agents harmless from any and all claims by any other person for death, bodily injury or harm to physical property (including reasonable attorney’s fees and costs of litigation), to the extent
caused by the indemnitor’s own breaches, acts, omissions, or misrepresentations, related to the subject matter of this Agreement regardless of the form of the action. 
 (d) SUPPLIER shall defend, indemnify and hold BUYER and its affiliated companies, directors, officers, employees and agents harmless from any and all claims asserted against BUYER by any other person for infringement
of intellectual property rights relating to the Products in the form delivered to BUYER prior to any incorporation of the Products into BUYER’s products, provided that (a) the claim for infringement relating to the Product is not related
to any patent, trademark, copyright or other intellectual property rights that BUYER sold (or purported to sell) to SUPPLIER pursuant to the Asset Purchase Agreement and the Product(s) on which the claims are based are not substantially similar to
the products produced by SUPPLIER as of the date hereof, with regard to form, materials and the processes used for producing them and (b) SUPPLIER is promptly informed and furnished a copy of each communication, notice or other action relating
to the alleged infringement and is given authority, information and assistance (at SUPPLIER’s expense) necessary to defend or settle said suit or proceeding. SUPPLIER shall not be obligated to defend or be liable for costs or damages if the
infringement arises out of compliance with BUYER’s Product Specifications, or from a combination with, an addition to, or a modification of the Products after delivery by SUPPLIER. SUPPLIER’s obligations hereunder shall not apply to any
infringement occurring after BUYER has received notice of such suit or proceeding alleging the infringement unless SUPPLIER has given written permission for such continuing infringement. 
 (e) SUPPLIER agrees to participate in a “cost share” with BUYER for costs charged by BUYER’s customers (such items as line down fees, sorting, recall costs, etc.) as a result of a clearly demonstrable
defect or delivery issue directly as a result of SUPPLIER’s performance. To be applicable for this cost sharing, the defect must be a clear violation of specification and the direct cause of the additional charges from BUYER’s customer. To
be applicable for this cost sharing, the delivery issue must be a clear violation of SUPPLIER’s stated lead-time for the product involved and the direct cause of the additional charges from BUYER’s customer. The total annual liability for
any and all costs associated with section 17(e) will be capped at 10% of the fabrication charge of net revenue for the current calendar year. 
 18. OZONE
DEPLETING SUBSTANCES 
 Except where the Texas Instruments (TI) BUYER of Record has given written approval to SUPPLIER, in advance of shipment, SUPPLIER
hereby agrees that it has not used or introduced after May 15, 1993, a Class I or Class II ozone depleting substance (ODS) (as such terms are defined in 40 CFR 82.104), into any product being supplied to or imported by BUYER under this
Agreement. Where the BUYER of Record has so agreed to accept product containing or manufactured using an ODS, SUPPLIER will label the product with a warning or will otherwise effectively warn BUYER of such use in accordance with 40 CFR 82, Subpart
E. Should SUPPLIER choose to warn BUYER through a mechanism other than a warning label or other warning accompanying the shipment, a copy of such warning shall be sent to the BUYER of Record, or the otherwise appointed representative of the BUYER of
Record, in advance of shipment. Breach of this provision will entitle BUYER to all remedies available for breach of this Agreement, including without limitations, the right to reject the product and/or terminate this Agreement. 
 19. CHANGES 
 SUPPLIER acknowledges and agrees that shipment of
unauthorized, counterfeit, or rebuilt parts or goods, or any unapproved change of an approved good is strictly prohibited. Any SUPPLIER change in design, material, processing or manufacturing location, from the part previously approved for
production, requires prior written approval from BUYER. BUYER understands that SUPPLIER will need to make such changes to reduce costs and therefore agrees to test for qualification such changes in an expeditious fashion. 
  

 9 

 SUPPLIER agrees that multiple concurrent changes will require additional time for evaluation. Such approval may be
initiated by submitting a written request of change to BUYER and obtained by submitting samples to BUYER for evaluation. 
 20. APPLICABLE LAW

 The validity, interpretation and performance of this Agreement shall be enforced under the laws of the Commonwealth of Massachusetts, U.S.A., excluding
its conflict of laws provision and excluding the United Nations Convention on Contracts for the International Sale of Goods. 
 21. ASSIGNMENT

 Neither this Agreement nor any right or obligation it governs may be assigned or delegated by either party without the prior written consent of the
other party, which consent will not be unreasonably withheld, except BUYER acknowledges that SUPPLIER has collaterally assigned its rights under this Agreement to its lenders. Notwithstanding the foregoing, either party may assign this Agreement and
any Purchase Orders outstanding under it (a) to any Affiliate, including, without limitation, its parent company, (b) the surviving entity in the event of a merger by BUYER or SUPPLIER with any other entity, (c) in connection with the
sale of substantially all of the assets of (i) BUYER, (ii) the Controls Division of BUYER that is currently conducted on the SUPPLIER’s Attleboro Site (as defined in the Asset Purchase Agreement) or (iii) SUPPLIER.
Notwithstanding the foregoing, BUYER may not assign this Agreement to a direct competitor of SUPPLIER and SUPPLIER may not assign this Agreement to a direct competitor of the Controls division of BUYER. This Agreement will be binding upon any
successor to which either party directly or indirectly transfers all or a substantial part of its business and assets whether by merger, sale of assets, sale of stock or otherwise. The party making such a transfer will assign this Agreement and the
rights and obligations hereunder and obtain from the assignee, in a form satisfactory to the other party, an acceptance of such assignment and an assumption of all of the assignor party’s obligations under this Agreement. 
 22. EQUIPMENT AND PROPERTY LOAN 
 In the event the parties agree that
BUYER shall loan equipment and tools, parts and other property to SUPPLIER for its use in support of BUYER’s requirements under this Agreement, the parties shall enter into an “Equipment/Property Agreement” under separate cover.

 23. GOVERNING LANGUAGE 
 This Agreement has been
executed in the English language only and the English language shall be controlling in all respects. No translation of this Agreement into any other language shall be of any force and effect in the interpretation of this Agreement or in a
determination of the intent of either party. 
 24. EXPORT 
 Each party hereby agrees that, unless any necessary prior authorization is obtained from the U.S. Department of Commerce, neither party nor its subsidiaries shall knowingly export, reexport, or release, directly or indirectly, any
technology, software, or software source code (as defined in Part 772 of the Export Administration Regulations of the U.S. Department of Commerce (“EAR”), received from the other party, or export, directly or indirectly, any direct product
of such technology, software, or software source code (as defined in Part 734 of the EAR), to any destination or country to which the export, reexport or release of the technology, software, software source code, or direct product is prohibited by
the EAR. The assurances provided for herein are furnished to both parties by the other party in compliance with Part 740 (Technology and Software Under Restriction) of the EAR 
  

 10 

 Both parties further agree to obtain any necessary export license or other documentation prior to the exportation or
re-exportation of any product, technical data, software or software source code acquired from BUYER under this Agreement or any direct product of such technical data, software or software source code. Accordingly, neither party shall sell, export,
reexport, transfer, divert or otherwise dispose of any such product, technical data, software or software source code directly or indirectly to any person, firm, entity, country or countries prohibited by U.S. or applicable non-U.S. laws. Further,
both parties shall give notice of the need to comply with such laws and regulations to any person, firm or entity which it has reason to believe is obtaining any such product, technical data, software or software source code from either party with
the intention of exportation. Each party shall secure, at its own expense, such licenses and export and import documents as are necessary for each respective party to fulfill its obligations under this Agreement. If necessary government approvals
cannot be obtained, either party may terminate, cancel or otherwise be excused from performing any obligations it may have under this Agreement that are prohibited by U.S. or applicable non-U.S. law. 
 25. VALIDITY 
 Any failure of either party to enforce at any time, or
for any period of time, any of the provisions of this Agreement, shall not constitute a waiver of such provisions or in any way affect the validity of this Agreement. 
 26. MISCELLANEOUS 
 (a) All rights and obligations granted to BUYER in this Agreement may be exercised by any BUYER
Affiliate or subcontractor designated by BUYER. 
 (b) SUPPLIER will provide to BUYER, upon request, a certificate of origin stating the country of origin
for the Product. 
 (c) The relationship of SUPPLIER and BUYER as established under this Agreement will be and remain one of independent contractors, and
neither party will at any time or in any way represent itself as being a dealer, agent or other representative of the other party or as having authority to assume or create obligations or act in any manner on behalf of the other party. 

(d) Except as required by law or by the order of a court of competent jurisdiction, neither party will publicize or otherwise advertise the existence of this
Agreement or its terms without the prior written consent of the other party. 
 (e) The following sections shall survive termination of this Agreement for
whatever reason(s) and shall remain in effect: 1, 13, 14, 16, 17, and 26. 
 27. ENTIRE AGREEMENT 
 This Agreement, Attachments A, B, C, D, E, F, G and purchase orders issued hereunder set forth the entire understanding and agreement between the parties as to the
subject matter of this Agreement and merges and supersedes all previous communications, negotiations, warranties, representations and agreements, either oral or written, with respect to the subject matter hereof, and no addition to or modification
of this Agreement shall be binding on either party hereto unless reduced to writing and duly executed by each of the parties hereto. 
  

 11 

 IN WITNESS WHEREOF, both parties have signed and dated this document in the spaces provided below: 
  

							
	ENGINEERED MATERIALS SOLUTIONS, INC INC  (“SUPPLIER”)
				
	By:	 	 

	 		 	
	Title:	 	PRESIDENT & CEO	 		 	
	Date:	 	OCTOBER 17, 2005	 		 	
	
	TEXAS INSTRUMENTS, INC  (“BUYER”)
				
	By:	 	 

	 		 	
	Title:	 	VICE PRESIDENT	 		 	
	Date:	 	10/19/05	 		 	

  

			
	Attachment A:	  	Goods & Pricing
	Attachment B:	  	China Start-Up
	Attachment C:	  	General Terms and Conditions
	Attachment D:	  	Performance Metrics – SUPPLIER Scorecard
	Attachment E:	  	SMI Agreement
	Attachment F:	  	Non-disclosure Agreement
	Attachment G:	  	“C” Level items

  

 12 

 Attachment A: Goods & Pricing 
 Start point for pricing is the pricing in effect as of May 31, 2005. Reductions apply to all pricing in the 50 pound, 75 pound, and 100 pound, break quantities.
Pricing for items released in less than 50 pounds quantities are the prices then in effect on May 31, 2005, unless changed by provisions 4(d) and 4(e) or raw material pricing. 
 All prices are in United States Dollars, one price per item regardless of BUYER location or SUPPLIER production location. 
 Cost Reduction schedule (reductions based on fabrication price excluding nickel) 
  

						
	June 1, 2005	  	5.0	%	 	
	January 1, 2006	  	4.0	%	 	
	January 1, 2007	  	3.0	%	 	
	January 1, 2008	  	3.0	%	 	
	January 1, 2009	  	3.0	%	 	
	January 1, 2010	  	3.0	%	 	

 The attached schedule defines the base prices at $2.80/lb nickel market price. All prices are varied based on the
prior month’s LME nickel price. The nickel factors for all products are shown in the Attachment A. The formula for calculation of the current list price is as follows; 
 Given that; 
 LME = prior month’s average LME price/lb 
 Ni Factor = nickel factor as shown in Attachment A 
 Base Price = price by item shown in attachment at $2.80/lb nickel market
price 
 List Price = current price for product 
 List price =
base price + Ni Factor *(LME – 2.80) 
  

 Attachment B: SUPPLIER China Start-Up 
 BUYER Agrees to make a best effort complete bimetal qualifications in an expeditious fashion. 
 SUPPLIER’s China
qualifications will be valid on a global basis. 
 SUPPLIER has flexibility to provide BUYER materials from either Attleboro or China once both sites are
qualified on the particular BUYER manufacturing line/location. 
 Freight terms will be Ex works shipping location unless manufacturing site changed based on
SUPPLIER problems in delivery. If SUPPLIER manufacturing/delivery issues creates a higher freight cost, then SUPPLIER agrees to pay the incremental freight cost. 

 Attachment C – General Terms and Conditions 
 General Provisions 
 1. Modifications 
 Changes, modifications, waivers, additions or amendments to the terms and conditions of this order shall be binding on either party only if such changes, modifications,
waivers, additions, or amendments are in writing and signed by a duly authorized representative of the other party. 
 2. Applicable Law 
 The validity, interpretation and performance of this Agreement shall be enforced under the laws of the State of Massachusetts. 
 3. Compliance with Law 
 SUPPLIER agrees that at all times it will comply
with all applicable federal, state, municipal and local laws, orders and regulations, including but not limited to those affecting or limiting prices, production, purchase, sale, and use of material. If requested by BUYER, SUPPLIER agrees to timely
certify compliance with such laws in such forms as BUYER may request. 
 4. Indemnity 
 In the event SUPPLIER, it’s officers, employees and agents or any of them enter premises owned, leased, occupied by or under the control of BUYER in the performance of or in connection with this order, SUPPLIER
agrees to indemnify and hold BUYER, its officers, agents and employees harmless from any loss, cost, damage, or bodily injury (including death) of whatsoever kind or nature arising out of, or incidental to the performance, delivery or installation
of this order occasioned in whole or in part by any action or omission of SUPPLIER, its employees, officers and agents or any of them, only to the extent such loss, cost, damage or bodily injury (including death) is caused by SUPPLIER. SUPPLIER will
maintain general comprehensive liability, property damage and automobile liability insurance, including contractual endorsement and products hazards coverage, in reasonable amounts covering the obligations set forth in this order and, upon request,
it will provide BUYER with a Certificate of insurance indicating the amount of such insurance. 
 SUPPLIER agrees to defend and indemnify BUYER from and
against all claims, actions, liabilities, losses and costs and expenses arising out of the death or injury to any person, property damage or loss, or economic injury arising out of the negligence or wrongful misconduct of SUPPLIER. Likewise, BUYER
agrees to defend and indemnify SUPPLIER from and against all claims, actions, liabilities, losses, costs and expenses arising out of the death or injury to any person, property damage or loss arising out of the negligence or wrongful misconduct of
BUYER 
 5. Waiver 
 Any failure of BUYER to enforce at any time,
or for any period of time, any of the provisions of this purchase order shall not constitute a waiver of such provisions not of TI’s right to enforce each and every provision. 
 6. Tooling 
 SUPPLIER shall preserve all special drawings, dies, patterns, tooling or other items supplied or paid for by
BUYER in good condition; and they are the property of BUYER unless otherwise specified, and the same such items shall be returned in good condition when the work on the order has been completed or terminated, or at any other time as requested by
BUYER. No special drawing, die, pattern, tool or other item supplied by BUYER or made by SUPPLIER for the use of or delivery to BUYER, or for use by SUPPLIER in supplying BUYER, shall be used by SUPPLIER for any purpose other than supplying BUYER,
without SUPPLIER’s first obtaining the written consent of BUYER thereto, provided, however, that if the U.S. Government has rights in such items under a prime contract with BUYER, non interfering use of the items for direct sales to the
Government is authorized if written notice is provided to BUYER prior to such use. If material, equipment, special drawings, dies, patterns, or other items are furnished by BUYER for performance of this purchase order, all risk of loss thereof or
damage thereto shall be upon SUPPLIER from the time of shipment to SUPPLIER until redelivery to and receipt by BUYER. 

 7. Patents and Copyrights 
 SUPPLIER agrees to indemnify and to save BUYER, its officers, agents, employees, and vendees (mediate and immediate) harmless from any and all loss, expense, damage, liability, claims or demands either at law or in equity for actual or
alleged infringement of any patent invention, design, trademark, or copyright arising from the purchase, use or sale of materials or articles required by this purchase order, except where such infringement or alleged infringement arises by reason of
designs for such materials or articles originally furnished to SUPPLIER by BUYER. 
 8. Notice of Labor Disputes 
 Whenever any actual or potential labor dispute delays or threatens to delay the timely performance of this order, SUPPLIER shall immediately give notice thereof to BUYER
and, if the order relates to a military contract, SUPPLIER will also give notice to the nearest military representative. 
 9. Terms 
 The payment terms for SMI pulls from all of the SMI programs are per Attachment E. 
 The following terms with respect to payment are applicable to non-SMI orders: 
 a. Net Invoices - Net invoices dated within a seven
day week ending on a Saturday will be paid on the Fourth following Friday. 
 b. Discounted Invoices - Discounted invoices dated within a
seven day week ending on a Saturday will be paid the second following Friday. Invoices that specify a discount for tenth prox payment will be paid on the second Friday of the month following the date of the invoices. The acceptance of minimal
discount offers will be at the discretion of TI. 
 c. All schedules of payments above stated are based upon receipt by TI or shipment f.o.b.
source, whichever is applicable as indicated on the face hereof, of the goods or services prior to scheduled payment date. If TI receives the invoice prior to such shipment or receipt of goods or services, the foregoing terms on this order shall be
measured from date of such receipt of shipment of goods rather than date of receipt of invoice. 
 Invoices must be imprinted, where applicable, with the
nine-digit D-U-N-S number where available, corresponding to the address where payment should be mailed and payment shall be sent to such address. 
 10.
Extra Charges 
 No charges of any kind, including charges for boxing or cartage, will be allowed unless specifically agreed to by BUYER in writing. Pricing
by weight, where applicable, covers net weight of material, unless otherwise agreed. SUPPLIER will charge a deposit for reels used for .003” to .004” materials. The charge will be refunded upon return of the reels. 
 11. Setoff 
 Setoffs will not be allowed. 
 12. Sales and Use Tax Exemption 
 It is hereby certified that the above
described property is exempt from the sales and use tax, unless otherwise noted for the reason that such property is purchased for resale or will become an ingredient or component part of, or be incorporated into, or used or consumed in, a
manufactured product produced for ultimate sale at retail. If the property described on this purchase order is purchased tax exempt and subsequent use makes this property taxable, BUYER will access and pay tax to the appropriate state. 

 13. Reservation of Rights 
 BUYER expressly reserves all rights and remedies, which are available to it at law or equity, including but not limited to rights and remedies set forth in the Uniform Commercial Code. 
 15. Overshipments 
 SUPPLIER is instructed to ship only the quantity(ies)
specified in this order. However, any deviation caused by conditions of loading, shipping, packing, or allowances in manufacturing, processes may be accepted by BUYER according to the overshipment allowance indicated on the face of this order. BUYER
reserves the right to return any overshipment in excess of the allowance at the SUPPLIER’s expense. Orders of 100 lbs or more will have ship tolerance will be +/- 10%. Orders less that 100 Ibs will be +/- 25% The “C” items specified
in Attachment G will be sold on a lot charge basis and SUPPLIER has the right to ship all material finished from the production lot. Attachment G may be updated based on product usage changes. 
 16. Packing and Shipping Instructions 
 SUPPLIER shall determine that
shipments are properly packed and described in accordance with agreed upon BUYER specifications and/or applicable carrier regulations. Shipments will be made at the lowest freight charges as specified by BUYER. BUYER may assist SUPPLIER by providing
freight classifications or classifying material. SUPPLIER will not insure or declare value on shipments, expect on parcel post, unless BUYER specifies otherwise. On shipment where value is declared, SUPPLIER will ship prepaid insured for $50 to
facilitate tracing. When shipping via small parcel, SUPPLIER will ship freight collect if available, otherwise SUPPLIER will ship freight prepaid. SUPPLIER shall consolidate air and surface shipments daily on one bill of lading per mode to avoid
premium freight costs, unless instructed otherwise by BUYER. In case of any shipment that does not correspond to normal past practice between BUYER and SUPPLIER, or to standard practice in the industry, (e.g., requires special handling equipment or
air ride suspension, or air shipment over 500 pounds, or over 120 inches long or wide, or over 56 cubic feet, etc.) SUPPLIER agrees to notify BUYER’s appropriate traffic department prior to shipment for special shipping instructions. All truck
shipments must be classified by SUPPLIER using the current “National Motor Freight Classification Tariff”. Each box, crate or carton will show BUYER’s full street address (not just post office box numbers) and purchase order and item
numbers regardless of how shipped. On small parcel shipments, a packing list shall accompany each container and shall describe the contents of that container. On other shipments, SUPPLIER will provide a packing list to accompany each shipment,
referencing the appropriate purchase order and item number. The bill of lading also will reference the purchase order and item number. SUPPLIER is responsible for packing any shipment correctly based on the carrier/mode utilized. Charges for packing
and crating shall be deemed part of the purchase price, and no additional charges will be made therefore unless specifically requested by BUYER on the purchase order or specification. SUPPLIER agrees to ship via the carrier specified by BUYER.

 All premium freight cost incurred by BUYER or SUPPLIER beyond that specified by BUYER shall be borne by SUPPLIER. SUPPLIER is responsible for all
shipments, which are damaged in transit due to improper packaging by SUPPLIER. On all F.O.B. origin shipments, except Parcel Post, SUPPLIER will ship freight collect. (If small parcel carrier collect is unavailable, SUPPLIER will ship prepaid.

 All shipments are Ex Works SUPPLIER’s plant. 
 Definition of Terms (Whether F.O.B. origin or destination). 
 a. “Freight collect” SUPPLIER will ship freight collect -
freight carrier will bill BUYER. 
 b. “Freight prepaid charge back” - SUPPLIER will ship freight prepaid and bill BUYER.

 c. “Freight prepaid” - SUPPLIER will ship freight prepaid and bear all transportation costs. 

 17. Returns 
 Materials that
do not meet the specification in effect at the time of shipment of that materials from EMS shall be returned freight collect to SUPPLIER, if it caused the defect. Replacement material shall be sent freight prepaid from SUPPLIER, who will absorb the
burden of premium transportation when defect or replacement material places critical time or delivery schedule constraints on BUYER. BUYER will preserve and package all returned materials in a manner to prevent damage due to transportation or
environmental effects. 
 18. SUPPLIER Ownership Change 
 SUPPLIER is required to submit immediately in writing to BUYER notification on the following change conditions, whether subcontract is DOD classified or not: 
 a. Acquisition by or merger with any foreign interest; 
 b. Majority or controlling interest obtained by a
foreign interest. 

 Attachment D - Performance Metrics – SUPPLIER Scorecard 
 The purpose of the SUPPLIER Scorecard is to define the performance criteria that are important to BUYER and our customers and to provide an objective assessment of
SUPPLIER performance. BUYER will prepare the SUPPLIER Scorecard. 
 The SUPPLIER Scorecard has two major categories: Quality and Delivery. Each category has
a number of criteria with a specific set of quantitative or qualitative requirements. 
 Certain quantitative metrics, percent defective, events and on-time
delivery will be reported monthly. Performance against all categories of the SUPPLIER Scorecard is normally reported quarterly either in summary form or at a business review. 
 1. Quality – Quality metric will be based on sales value of returned materials not to exceed 0.5% the total prior six months sales revenue of
bimetal. The value of returned material will be calculated from the weight returned to SUPPLIER. In the case where BUYER could run part of the cut in production, the value of the unused portion of the cut shall be used to calculate the value.

 2. Delivery – Delivery metric will be on-time delivery metric of meeting at least ninety five percent (95%) on-time delivery to
request (+0/-5 days), provided eight week lead time was allowed for the order. 
 Routine feedback of performance by the SUPPLIER Scorecard process will not
take the place of timely feedback on events or specific problems as they occur. Formal business reviews will be held periodically with SUPPLIER to provide performance feedback, resolve outstanding issues, assist SUPPLIER in implementing key BUYER
programs, and to develop better long-term relationships. These reviews may alternate between SUPPLIER’s site and BUYER. 

 Attachment E - SMI Agreement 
 BUYER has SMI programs planned for TMX, Asian sites and TIH. The other plants will use standard lead-times and purchase orders. This agreement on commercial issues for SMI applies to all BUYER/SUPPLIER SMI programs.
In addition, we will have separate agreements with the third party warehousers (Exel) and BUYER’s sites for each of the SMI programs, to address non-commercial issues. 
 The following points apply to all SMI programs between BUYER and SUPPLIER; 
 1. The sales dollar value cap
for the entire SMI program limits the total amount of product SUPPLIER will hold in SMI for BUYER. This would include the inventory at all sites, including any 3rd party warehouses, any BUYER facilities and FG inventory in SUPPLIER facilities to support the SMI programs. SUPPLIER will stock 2-4 weeks minimum worth of the A items for bimetal, based on average
monthly usage. The sales dollar value cap for the entire SMI program is $750,000.00 
 2. BUYER agrees to pay on pull for all withdrawls from
the SMI program. Transaction time to report pulls and pay invoices should not exceed 48 hours. It is understood that there will be exceptions (e.g. due to local holidays) that will delay some payments up to 10 days. 
 3. BUYER will provide a rolling four (4) month forecast for all SMI items with one (1) month firm. 
 4. Cost of warehousing, freight, all duties, VAT and distribution will remain BUYER’s responsibility. 
 5. BUYER accepts liability to purchase all the forecasted material in case of product obsolescence. This includes FG, SFG and WIP. If BUYER reduces
forecasts without pulling the materials, BUYER is still obligated to purchase the peak forecasted and safety stock quantity, provided the forecasted peak is within the firm order window. 
 6. Material cannot be returned to the warehouse (in part or in whole) once it has been withdrawn. 
 7. When the individual site SMI agreements and Attachment E of this Agreement are different, then this Agreement will take precedence. 
 8. Any goods in the SUPPLIER Inventory stored for more than one hundred and twenty (120) days shall, after email notice (or any other agreed upon
means of communication) by SUPPLIER to BUYER, automatically become BUYER inventory and will be deemed withdrawn from the SUPPLIER Inventory. In this case, SUPPLIER is entitled to invoice these withdrawn goods. 

 Attachment F - Non-Disclosure Agreement 
 WHEREAS, Engineered Materials Solutions, Inc. (hereinafter designated as “EMS”) desires to disclose to TEXAS INSTRUMENTS INCORPORATED,
Materials & Controls (hereinafter designated as “IT”), certain information related to Thermostatic bimetal materials; design, manufacturing processes, testing, inspection performance and application; and 
 WHEREAS, TI desires to disclose to EMS certain information related to
                    ; and 
 WHEREAS, one party hereto (“OWNER”) may disclose to the other party hereto (“RECIPIENT”) during the period June, 2005 through December, 2010, the information described above which OWNER deems proprietary (hereinafter
“PROPRIETARY INFORMATION”), for the purpose of evaluation of future business opportunities between the parties; 
 NOW THEREFORE,
the parties agree as follows: 
 For a period of five (5) years from the date of this Agreement, RECIPIENT shall not disclose any
information it receives from OWNER that is marked “proprietary” (or comparable legend) to any other person, firm, or corporation, or use the PROPRIETARY INFORMATION for its own benefit, except for the purpose described above. RECIPIENT
shall use the same degree of care to avoid disclosure or use of the PROPRIETARY INFORMATION as RECIPIENT employs with respect to its own proprietary information of like importance. 
 Information shall not be deemed PROPRIETARY INFORMATION and RECIPIENT shall have no obligation with respect to any information which is: 
  

	 	(1)	already known to RECIPIENT; or 

 (2) now or
hereafter becomes publicly known through no wrongful act of RECIPIENT; or 
 (3) received from a third party without similar
restriction and without breach of this Agreement; or 

	 	(4)	independently developed by RECIPIENT; or 

 (5) furnished to a third party by OWNER without a restriction on the third party’s rights; or 
 (6) approved
for release by written authorization of OWNER; or 
 (7) disclosed pursuant to the requirement of a Governmental agency or
disclosure is permitted by operation of law. 
 RECIPIENT shall not be liable for (1) inadvertent disclosure or use of PROPRIETARY
INFORMATION provided that (a) it uses the same degree of care in safeguarding the PROPRIETARY INFORMATION as it uses for its own proprietary information of like importance, and (b) upon discovery of the inadvertent disclosure or use of the
PROPRIETARY INFORMATION, it shall endeavor to prevent any further inadvertent disclosure or use, and (2) unauthorized disclosure or use of PROPRIETARY INFORMATION by persons who are or who have been in its employ, unless it fails to safeguard
the PROPRIETARY INFORMATION with the same degree of care as it uses for its own proprietary information of like importance. 
 Each party
respectively appoints the person listed below as its Data Control Coordinator to receive, on its behalf, all PROPRIETARY INFORMATION pursuant to this Agreement. Either party may change its Data Control Coordinator by giving the other party written
notice of the name and address of its newly appointed Data Control Coordinator. 

							
	On behalf of TI:	 		  	On behalf of EMS:	  	
	  
	 		  	Chief Financial Officer	  	
	Texas Instruments Incorporated	 		  	Engineered Materials Solutions, Inc.	  	
	34 Forest Street	 		  	39 Perry Avenue	  	
	P.O. Box 2964	 		  	            Attleboro, MA 02703	  	
	Attleboro, MA 02703-0964	 		  		  	

 In the event either party orally discloses its PROPRIETARY INFORMATION to the other party, the
disclosing party shall notify the other party’s Data Control Coordinator in writing of the oral disclosure within thirty (30) days following the disclosure, identifying the place and date of oral disclosure and the names of the employees
of the other party to whom the disclosure was made and describing the information disclosed. 
 All written PROPRIETARY INFORMATION delivered
by one party to the other party pursuant to this Agreement shall be and remain the property of the disclosing party, and the written PROPRIETARY INFORMATION, and any copies thereof, shall be promptly returned to the disclosing party upon written
request, or destroyed at that party’s option. 
 Nothing contained in this Agreement shall be construed as granting or conferring any
rights by license or otherwise, expressly, impliedly, or otherwise for any invention, discovery or improvement made, conceived, or acquired prior to, on or after the date of this Agreement. 
 Nothing in this Agreement shall be construed as a representation or inference that either party will not pursue, independently, similar opportunities,
provided that the obligations set forth herein are not breached. 
 Neither party shall publicly announce or disclose the existence of this
Agreement or its terms and conditions, or advertise or release any publicity regarding this Agreement, without the prior written consent of the other party. This provision shall survive the expiration, termination or cancellation of this Agreement.

 Neither party has an obligation under or in consequence of this Agreement to purchase or sell any service or item from or to the other
party. 
 This Agreement sets forth the entire understanding and agreement between the parties hereto as to the subject matter of this
Agreement and merges and supersedes all previous communications, negotiations, warranties, representations and agreements, either oral or written, with respect to obligations of confidentiality of the subject matter hereof, and no addition to or
modification of this Agreement shall be binding on either party hereto, unless reduced to writing and duly executed by each of the parties hereto. 
 IN WITNESS WHEREOF, the parties have caused this Agreement to be executed by their duly authorized representatives effective as of this      day of
                    , 2005. 
  
  

									
	 TEXAS INSTRUMENTS INCORPORATED
 MATERIALS SOLUTIONS,
	 		 	ENGINEERED INC.
					
	By:	 	  
	 		 	By:	 	  

	Name:	 	  
	 		 	Name:	 	  

	Title:	 	  
	 		 	Title:	 	  

					
	Date:	 	  
	 		 	Date:	 	  

 Attachment G - “C” Items List 
  

									
	 TI P/N
	  	EMS P/N	  	Material	  	Lead-Time	  	Min Order Quantity
	 12702-282-1
	  	A03963660	  	B11	  	14 wks	  	1000 Ibs
	 12702-334-1
	  	A039611227	  	B11	  	14 wks	  	1000 Ibs
	 12702-298-1
	  	A03964206	  	D560R	  	14 wks	  	1000 Ibs
	 P50R .0160 x .750
	  	A039611551	  	P50R	  	14 wks	  	1000 Ibs
	 8700-86-598
	  	A03964624	  	S346	  	14 wks	  	1000 Ibs
	 8700-86-639
	  	A039611365	  	S346	  	14 wks	  	1000 Ibs
	 8700-106-535
	  	A03963523	  	S406	  	14 wks	  	1000 Ibs
	 12702-310-1
	  	A03964817	  	S467	  	14 wks	  	1000 Ibs
	 S475.007 x .900
	  	A039611399	  	S475	  	14 wks	  	1000 lbs

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00115-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00115-of-00352.parquet"}]]