Document:

Assignment Agreement

 Exhibit 10.2 
 Execution Copy 
 ASSIGNMENT AGREEMENT 
 This ASSIGNMENT AGREEMENT (this “Agreement”) is entered into as of May 11, 2009, by and among Sovereign Precious Metals, LLC, a
Pennsylvania limited liability company (the “Bank”), EMS Engineered Materials Solutions, LLC, a Delaware limited liability company (the “Buyer”), and Sensata Technologies, Inc., a Delaware corporation
(“STI”). 
 RECITALS 
 A. The Bank and the Buyer are parties to (a) that certain Consignment Agreement dated as of February 21, 2008 (as amended, amended and restated, supplemented or otherwise modified from time to time, the
“Consignment Agreement”; the terms defined therein, unless otherwise defined herein, being used herein as therein defined) and (b) that certain Security Agreement dated as of February 21, 2008 (as amended, amended and
restated, supplemented or otherwise modified from time to time, the “Security Agreement”). 
 B. The Buyer has requested
that during the L/C Period (as hereinafter defined), STI agrees to arrange for the issuance of a letter of credit from a letter of credit issuer reasonably acceptable to the Bank (the “Letter of Credit”) to provide security for the
Delivery of Precious Metal for the production of product for STI and its affiliates, among others. 
 C. Subject to the terms and conditions
set forth herein, STI agrees to arrange for the issuance of the Letter of Credit to provide security for the Delivery of Precious Metal for the production of product for STI and its affiliates, among others. 
 NOW, THEREFORE, in consideration of the foregoing, the terms, covenants and conditions contained herein and other good and valuable consideration, the
receipt and sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Terms and Provisions. 

 (a) Effective as of the L/C Effective Date (as defined below), the Bank agrees that until the expiration or termination of the L/C Period
(as defined below), it will, upon the Bank’s drawing under the Letter of Credit (so long as the Bank has been paid in full with respect to all of the Buyer’s Obligations (other than contingent indemnification obligations for which no claim
has been asserted) to the Bank under the Consignment Agreement), at the request of STI, assign to STI all of its rights in and to any Collateral, all of its rights with respect to the Collateral under the Consignment Agreement and all of its rights
under the Security Agreement; provided, however, the Bank hereby agrees that it shall only draw upon the Letter of Credit upon the earlier to occur of: (i) the continuance of an Event of Default under the Consignment Agreement and
(ii) May 31, 2009. As used herein (A) the term “L/C Effective Date” shall mean the date on which the Letter of Credit is issued for the account of STI naming the Bank as beneficiary and (B) the term “L/C
Period” shall mean the period beginning on the L/C Effective Date and ending on the earlier to occur of: (i) the date on which STI delivers to the parties hereto a notice terminating the L/C Period or (ii) the expiry date of the
Letter of Credit. 
  

 1 

 (b) Each of the Bank and the Buyer agrees that it will, at the Buyer’s expense, execute, deliver,
file and record (in such manner and form as STI may require), or permit STI to file and record any financing statements, specific assignment or other paper that may be necessary or desirable, or that STI may reasonably request, in order to create,
preserve, perfect or validate any Security Interest or to enable STI to exercise and enforce its rights hereunder, under the Consignment Agreement and under the Security Agreement with respect to any of the Collateral. 
 (c) Each of the Buyer and the Bank agrees that each such person shall, at the Buyer’s expense, take such further action and execute and deliver to
STI such additional documents and instruments (in recordable form, if requested) as STI may request to effectuate the terms of this Agreement. 
 (d) The Buyer hereby consents to the provisions of this Agreement and the arrangements provided for herein. 
 (e) STI hereby agrees
and acknowledges that, upon the effectiveness of the assignment described in Section 1(a) above, STI, as assignee of Bank, shall be bound by the terms of (i) that certain Intercreditor Agreement, dated as of February 21, 2008, by and among, Bank of
America, N.A., a national association, Bank, Buyer and the Guarantors named therein, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time and (ii) that certain Intercreditor Agreement, dated as of
February 21, 2008, by and among Contrarian Financial Service Company, LLC, a Delaware limited liability company, Bank, Buyer and the Guarantors named therein, as the same may be amended, amended and restated, supplemented or otherwise modified from
time to time. 
 2. Miscellaneous. 
 (a) This Agreement constitutes the entire agreement between the parties concerning the subject matter hereof and supersedes all previous communications, either oral or written, between the parties with respect to the
subject matter hereof. 
 (b) Other than to a successor in interest of all or substantially all of the business of such party, this Agreement
may not be assigned by any party hereto without the prior written consent of each other party hereto. 
 (c) In case any provision in this
Agreement shall be held invalid, illegal or unenforceable, the validity, legality and enforceability of the remaining provisions hereof will not in any way be affected or impaired thereby. 
 (d) The laws of the State of New York shall govern all matters arising out of, in connection with or relating to this Agreement, including, without
limitation, its validity, interpretation, construction, performance and enforcement. 
 (e) This Agreement may be executed in any number of
counterparts and by different parties hereto in separate counterparts, each of which when so executed shall be deemed to be an original and all of which taken together shall constitute one and the same agreement. Delivery of an executed signature
page of this Agreement by facsimile or electronic (including “PDF”) transmission shall be effective as delivery of a manually executed counterpart hereof. 
 [Signature page follows] 
  

 2 

 IN WITNESS WHEREOF, this Agreement has been executed by the parties hereto as of the date first written
above. 
  

			
	SOVEREIGN PRECIOUS METALS, LLC
		
	By:	 	 /s/ Michael E. Smith

	Name:	 	Michael E. Smith
	Title:	 	Sr. Vice President
	
	EMS ENGINEERED MATERIALS SOLUTIONS, LLC
		
	By:	 	 /s/ S.A. de Kock

	Name:	 	S.A. de Kock
	Title:	 	CEO
	
	SENSATA TECHNOLOGIES, INC.
		
	By:	 	 /s/ Jeffrey Cote

	Name:	 	Jeffrey Cote
	Title:	 	Chief Financial Officer and Treasurer

 [Signature Page to Assignment Agreement] 
  

 3 

 Acknowledged as of this 11th day of May, 2009: 
  

					
	BANK OF AMERICA, N.A.,
	as agent for the first lien lenders
		
	By:	 	 /s/ Sandra H. Bennett

	Name:	 	Sandra H. Bennett
	Title:	 	Senior Vice President
	
	 CONTRARIAN FINANCIAL SERVICE COMPANY, LLC,
 as agent for the second lien lenders

		
	By:	 	Contrarian Capital Management, L.L.C.
	Its:	 	Manager
			
		 	By:	 	 /s/ Jon Bauer

		 	Name:	 	Jon R. Bauer
		 	Title:	 	Managing Member

 [Signature Page to Assignment Agreement] 
  

 4Deed of Amendment relating to a Debenture

 Exhibit 10.5(a) 
 9 APRIL 2009 
 DEED OF AMENDMENT 
 RELATING TO A DEBENTURE 
 DATED 
 31 DECEMBER 2008 
 between

 CONSTAR INTERNATIONAL U.K. LIMITED 
 as Chargor 
 and 
 CITIBANK, N.A., LONDON BRANCH 
 as Security Trustee 
 WEIL, GOTSHAL & MANGES 
 ONE SOUTH PLACE LONDON EC2M 2WG 
 020 7903 1000 
 WWW.WEIL.COM 

 TABLE OF CONTENTS 
  

					
	 	  	 	  	Page
			
	1	  	INTERPRETATION	  	3
			
	2	  	AMENDMENTS TO THE ORIGINAL DEBENTURE	  	3
			
	3	  	CONTINUATION OF THE ORIGINAL DEBENTURE	  	4
			
	4	  	REPRESENTATIONS	  	4
			
	5	  	GOVERNING LAW AND JURISDICTION	  	4
			
	6	  	THIRD PARTY RIGHTS	  	5
			
	7	  	COUNTERPARTS	  	5
		
	SIGNATORIES 	  	6

 THIS DEED OF AMENDMENT is made on 9 April 2009. 
 BETWEEN: 
 CONSTAR INTERNATIONAL U.K. LIMITED, a company
incorporated under the laws of England and Wales with registered number 02407933 (the “Chargor”); and 
 CITIBANK, N.A., LONDON
BRANCH, acting as trustee for the Secured Parties pursuant to the terms of the Security Debenture (together with its successors and assigns, the “Security Trustee”). 
 WHEREAS 
  

	(A)	The Chargor and the Security Trustee entered into a Debenture dated 31 December 2008 (the “Original Debenture”) pursuant to which the Security Trustee
was granted the benefit of the Original Debenture on trust for the Secured Parties in accordance with the terms of the Security Trust Deed. 

  

	(B)	The Chargor and the Security Trustee have agreed to amend the Original Debenture in the manner set out herein in order to correct the definition of “Material
Contracts” in Clause 1.1 (Interpretation) of the Original Debenture to reflect the original intention of the parties thereto as of 31 December 2008. 

 IT IS AGREED as follows: 
  

	1	INTERPRETATION 

  

	1.1	In this Deed (the “Deed”) terms and expressions defined in the Original Debenture shall have the same meaning when used in this Deed unless otherwise defined
herein. 

  

	1.2	Clause headings are for ease of reference only and do not form part of this Deed. 

  

	1.3	References herein to the “Debenture” shall be read and construed (as applicable) as referring to the Original Debenture as amended by this Deed.

  

	1.4	This Deed is hereby designated as a Loan Document. 

  

	2	AMENDMENTS TO THE ORIGINAL DEBENTURE 

  

	2.1	The Security Trustee, acting on behalf of the Secured Parties, hereby agrees with the Chargor to amend the definition of “Material Contracts” in Clause 1.1
(Interpretation) of the Original Debenture with effect from (and including) the date of this Deed so that the definition of “Material Contracts” is deleted and replaced with the following: 

 ““Material Contracts” means: 
  

	 	(a)	the Sale and Purchase Agreement dated 1 December 2004 between the Chargor and Britvic Soft Drinks Limited in relation to the Britvic Huddersfield plant (closures);

  

	 	(b)	the Sale and Purchase Agreement dated 1 September 2006 between the Chargor and Britvic Soft Drinks Limited in relation to the Britvic Rugby plant (bottles and preforms);

	 	(c)	the Supply Agreement dated 11 July 2007 between Coca-Cola Enterprises Limited and the Chargor (preforms); 

  

	 	(d)	the Supply Agreement dated 11 April 2007 between Cott Beverages Limited and the Chargor (preforms and closures); 

  

	 	(e)	the Sale and Purchase Agreement dated 6 April 2006 between Coca-Cola Enterprises Belgium and the Chargor (closures); and 

  

	 	(f)	the Agreement for Supply dated 1st April 2006 between Constellation Europe Limited and Chargor (preforms). 

 and any other agreement that the Security Trustee in its good faith judgment deems to be material.” 
  

	3	CONTINUATION OF THE ORIGINAL DEBENTURE 

  

	3.1	Nothing in this Deed shall operate as a waiver of any right or remedy of any party under any provision of the Original Debenture or the Original Debenture as amended hereby nor to
excuse any delay or omission in the performance of the Original Debenture nor to impair any right or remedy arising thereunder or in respect thereof. 

  

	3.2	For the avoidance of doubt, except as amended by the terms of this Deed, the terms and conditions of the Original Debenture shall remain in full force and effect.

  

	3.3	As and from the date of this Deed, but without prejudice to any rights or obligations which may have accrued prior hereto the Original Debenture shall be amended hereby and the
Original Debenture and this Deed shall be read and construed as a single document. 

  

	3.4	Without prejudice to Clause 3.3 above, all references to “the Deed”, “this Deed”, “the Debenture”, “hereof”, “hereunder” and
expressions of similar import in the Original Debenture shall be construed as references to the Original Debenture together with and as amended by this Deed. To the extent that the provisions of this Deed are directly inconsistent with the Original
Debenture, the terms of this Deed shall prevail. 

  

	4	REPRESENTATIONS 

  

	4.1	Each party hereto represents and warrants to the other party as follows: 

  

	 	(a)	it is duly organised and validly existing under the laws of the jurisdiction of its incorporation and has full corporate power and authority to execute, deliver and perform its
obligations under this Deed; 

  

	 	(b)	the execution, delivery and performance of this Deed has been duly authorised by it by all necessary corporate action on its part; and 

  

	 	(c)	this Deed constitutes the legal, valid and binding obligations of it enforceable in accordance with its terms. 

  

	5	GOVERNING LAW AND JURISDICTION 

  

	5.1	Governing Law This Deed and any non-contractual obligations arising out of or in connection with it shall be governed by and shall be construed in accordance with English
law. 

	5.2	Jurisdiction The courts of England have exclusive jurisdiction to settle any dispute arising out of or in connection with this Deed (including a dispute regarding the
existence, validity or termination of this Deed). 

  

	5.2.1	The parties to this Deed agree that the courts of England are the most appropriate and convenient courts to settle such disputes and accordingly no party shall argue to the
contrary. 

  

	5.2.2	This Clause 5.2 is for the benefit of the Secured Parties only. As a result, no Secured Party shall be prevented from taking proceedings relating to such a dispute in any
other court with jurisdiction. To the extent allowed by law, the Secured Parties may take concurrent proceedings in any number of jurisdictions. 

  

	6	THIRD PARTY RIGHTS 

  

	6.1	A person who is not a party to this Deed has no right under the Contracts (Rights of Third Parties) Act 1999 to enforce any term of this Deed.

  

	7	COUNTERPARTS 

  

	7.1	This Deed may be executed and delivered in any number of counterparts, all of which, taken together, shall constitute one and the same deed and any party to this Deed may enter into
the same by executing and delivering a counterpart. 

 IN WITNESS WHEREOF this Deed has been executed as a deed by the parties hereto
and is intended to be and is hereby delivered on the date first before written. 

 SIGNATORIES 
 SIGNATORIES TO THE DEED OF AMENDMENT RELATING TO A DEBENTURE 
 DATED 31 DECEMBER 2008

 CONSTAR INTERNATIONAL U.K. LIMITED 
  

			
	 	 
	Signed as a deed by CHRISTOPHER PHELAN in the presence of:	  	 /s/ Christopher Phelan
 Director

	 	 
	 /s/Ian Atkinson
	  	 
	 	 
	 SIGNATURE OF WITNESS
	  	 
	 	 
	 NAME OF WITNESS:
	  	 
	 	 
	 Ian Atkinson
	  	 
	 	 
	 ADDRESS:
	  	 
	 	 
	 c/o Constar International UK Ltd.
	  	 
	 	 
	 Moor Lane Trading Estate
	  	 
	 	 
	 Sherburn in Elmet, U.K.
	  	 
	 	 
	 OCCUPATION:
	  	 
	 	 
	 Accountant
	  	 

 THE SECURITY TRUSTEE 
 CITIBANK, N.A., LONDON BRANCH 
  

			
	 	 
	Signed as a deed by DAVID JAFFE in the presence of:	  	 /s/David Jaffe
 Director and V.P.

	 	 
	 /s/Scott Goodwin
	  	 
	 	 
	 SIGNATURE OF WITNESS
	  	 
	 	 
	 Scott Goodwin
	  	 
	 	 
	 Associate, Asset-Based Finance
	  	 
	 	 
	 390 Greenwich Street, 1st Floor
	  	 
	 	 
	 New York, NY 10013

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