Document:

Exhibit 10.4

Exhibit 10.4

EXECUTION VERSION

TERMINATION AGREEMENT

This TERMINATION AGREEMENT (this “Agreement”) is entered into as of December 3, 2010
by and between Ulticom, Inc., a New Jersey corporation (“Ulticom”), and Comverse
Technology, Inc., a New York corporation (“Comverse”).

WHEREAS, Ulticom and Comverse are parties to that certain (i) Federal Income Tax Sharing
Agreement, dated as of December 21, 1999 (the “Tax Sharing Agreement”); (ii) Registration
Rights Agreement, dated as of January 1, 2000 (the “Registration Rights Agreement”); and
(iii) Business Opportunities Agreement, dated as of January 1, 1999 (the “Business
Opportunities Agreement”, and together with the Tax Sharing Agreement and the Registration
Rights Agreement, the “Subject Agreements”);

WHEREAS, Ulticom has agreed to be acquired by Utah Intermediate Holding Corporation
(“Parent”), an affiliate of Platinum Equity Capital Partners II, L.P., pursuant to the
terms of that certain Agreement and Plan of Merger, dated as of October 12, 2010 (the “Merger
Agreement”), by and among Ulticom, Parent and Utah Merger Corporation (“Merger Sub”);
and

WHEREAS, pursuant to Section 5.3(a) of the Merger Agreement, the parties hereto desire to
terminate each of the Subject Agreements effective as of the Effective Time (as defined in the
Merger Agreement), with no further action necessary by the parties hereto or any other person or
entity;

NOW, THEREFORE, for and in consideration of the mutual promises and covenants herein
contained, and other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the parties hereto agree as follows:

1. Termination of the Subject Agreements. Notwithstanding anything to the contrary in
any of the Subject Agreements, at the Effective Time, each of the Subject Agreements shall be
terminated and shall be of no further force or effect.

2. Obligations with respect to the Subject Agreements. Each of the parties hereto
hereby acknowledges that, as of the date hereof, each party has satisfied all of its obligations
under and with respect to each of the Subject Agreements.

3. Mutual Release. Ulticom on the one hand and Comverse on the other hand, each on
behalf of itself and its successors and assigns (each, a “Releasing Party”), does hereby
absolutely, unconditionally and irrevocably release, acquit and discharge the other party hereto,
Parent, Merger Sub and their respective successors and assigns, and their respective directors,
officers, stockholders, partners, members, employees, affiliates, agents, attorneys and
representatives, and their respective successors and assigns, each in its capacity as such
(collectively, the “Released Parties”), with respect to and from all Claims (as defined
below) that the Releasing Party had or may have or claim to have in the future against each or any
of the Released Parties by reason of any matter, cause or thing whatsoever relating in any manner
whatsoever to any of the Subject Agreements or the performance by any of the parties hereto of its
obligations thereunder and acknowledges and agrees that in the event any Claim is raised, or
any Claim is threatened against the Released Parties by a Releasing Party, any of its
subsidiaries or their equity owners, partners or affiliates with respect to any cause, matter or
thing which is the subject of the above, regardless of when any such Claim is raised, this
Agreement may be raised as a complete bar to any such Claim, and the applicable Released Party may
recover from the applicable Releasing Parties all costs incurred in connection with such Claim,
including attorneys’ fees. As used herein, “Claims” means any and all charges, claims,
demands, liabilities, obligations, promises, agreements, controversies, challenges, complaints,
damages, remedies, suits, rights, costs, losses, debts, and expenses (including attorneys’ fees and
costs) of any kind whatsoever, known or unknown, whether in law or equity and whether arising under
federal, state or local law, in each case arising from or relating to any acts, omissions or other
conduct by any party that occurred at or prior to the Effective Time.

 

 

 

4. Assignment. This Agreement shall be binding upon and inure to the benefit of the
parties hereto and their respective successors and assigns.

5. Amendments. No amendment, change, modification or termination of this Agreement or
any part hereof shall be effective or binding unless made in writing and signed by each party
hereto.

6. Severability. Should any provision of this Agreement be declared or be determined
to be illegal, invalid or otherwise unenforceable, the validity of the remaining parts, terms and
provisions hereof will not be affected thereby but such will remain valid and enforceable, and said
illegal or invalid parts, terms or provisions shall be deemed not to be a part of this Agreement.

5. Binding Effect. This Agreement shall be binding upon and shall inure to the
benefit of the parties hereto and their respective successors and permitted assigns.

6. Counterparts. This Agreement may be executed in any number of counterparts, each
of which when so executed and delivered shall be an original, and all of which when taken together
shall constitute one and the same instrument as if the parties hereto had executed the same
instrument.

7. Entire Agreement. This Agreement constitutes the entire agreement and
understanding of the parties hereto with respect to the subject matter hereof and supersedes,
terminates and replaces any and all other previous agreements and understandings of the parties
hereto with respect to the subject matter hereof, both oral and written.

8. Governing Law. This Agreement and the rights and obligations hereunder shall be
governed in all respects by the laws of the State of New York, without giving effect to the
conflict of laws principles thereof.

9.    Third-Party Beneficiary.  Each of the Released Parties, other than the parties
hereto, shall be deemed a third-party beneficiary of each of the terms of this Agreement.

[THE REMAINDER OF THIS PAGE IS INTENTIONALLY LEFT BLANK.]

 

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IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be signed as of the date
first written above.

	 	 	 	 	 
	 	ULTICOM, INC.

 	 
	 	By:  	/s/ Shawn Osborne
 	 
	 	 	Name:  	Shawn Osborne 	 
	 	 	Title:  	President & CEO 	 

	 	 	 	 	 
	 	COMVERSE TECHNOLOGY, INC.

 	 
	 	By:  	/s/ Shefali A. Shah
 	 
	 	 	Name:  	Shefali A. Shah 	 
	 	 	Title:  	SVP & General Counsel 	 

[Signature Page to Termination Agreement]exv10w1

Exhibit 10.1

TRICO SHIPPING AS HAS AMENDED THE RECORD DATE AND EXPIRATION DATE

under its

Solicitation of Consents and Waivers in Respect of all $400,000,000

Outstanding 11 7/8% Senior Secured Notes Due 2014

(CUSIP Nos. 89612BAA6 and R92856AA2)

          Trico Shipping AS hereby amends the terms set forth in the amended consent solicitation
statement, dated as of November 24, 2010, pursuant to which we are soliciting consents from the
Holders of our outstanding 11 7/8% Senior Secured Notes due 2014, which we refer to as the “Notes,”
to (i) modify and/or waive certain provisions contained in the indenture pursuant to which the
Notes were issued, dated as of October 30, 2009, among us, as issuer, the guarantors identified
therein and Deutsche Bank National Trust Company (as successor trustee to Wells Fargo Bank, N.A.),
as trustee thereunder (the “Trustee”) (as amended by the First Supplemental Indenture, dated as of
June 25, 2010 and the Second Supplemental Indenture, dated as of September 21, 2010, referred
to hereafter as the “Indenture”), and (ii) make certain other amendments, supplements and
waivers to any of the covenants and related definitions in the Indenture or in other related
agreements and documents reasonably necessary or appropriate to implement the foregoing, as
follows:

	 	1.	 	The term “Holders” is amended to mean those holders of record at the close of business
on December 7, 2010, which we refer to as the “Record Date,” as reflected in the records of
the Trustee.
	 
	 	2.	 	The Expiration Date is amended to mean 5:00 p.m., Eastern Time, on December 13, 2010.

          Holders may deliver their consents and waivers by means of the previously distributed Letter
of Consent and Waiver which shall be deemed to reflect the foregoing amendments. Except as amended
by the foregoing amendment, the solicitation of consents and waivers and related documentation are
unchanged.

Solicitation Agent

Evercore Partners

55 East 52nd Street

New York, New York 10055

(212) 822-7584

December 7, 2010

 

 

SOLICITATION OF CONSENT AND WAIVER

Relating to the

$400,000,000 of 11 7/8% Senior Secured Notes Due 2014

CUSIP Nos. 89612BAA6 and R92856AA2

of

Trico Shipping AS

     In order to give its consent, a Holder should mail, hand deliver, send by overnight courier or
by facsimile or electronic transmission (in each case, confirmed by physical delivery) a properly
completed and duly executed letter of consent, and any other required document, to the Tabulation
Agent at its address set forth below. Any questions or requests for assistance or for additional
copies of this consent solicitation statement or related documents may be directed to the
Information Agent at one of its telephone numbers set forth below. A Holder (or a beneficial owner
that is not a Holder) may also contact the Information Agent at their respective telephone numbers
set forth below or its broker, dealer, commercial bank, trust company or other nominee for
assistance concerning the solicitation.

The Tabulation Agent and Information Agent for the solicitation is:

Deutsche Bank National Trust Company

	 	 	 

	By Regular Mail:

	 	By Hand or Overnight Courier:
	 
	 	 
	DB Services Americas, Inc

	 	DB Services Americas, Inc
	MS JCK01-0218

	 	MS JCK01-0218
	5022 Gate Parkway, Suite 200

	 	5022 Gate Parkway, Suite 200
	Jacksonville, FL 32256

	 	Jacksonville, FL 32256
	 

	 	Attention:   Security Holder Relations

By Facsimile (for Eligible Institutions only):

(615) 866-3889

For Information or Confirmation by Telephone:

1-800-735-7777, option 1

     Questions concerning the terms of the consent solicitation should be directed to the
Solicitation Agent, Evercore Partners, at the following telephone number: (212) 822-7584.

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