Document:

Exhibit 10.4

 

[Redacted Copy]

 

“***” indicates portions of the agreement that have been omitted pursuant to a confidential treatment request and have been filed with the Securities and Exchange Commission separately.

 

AMENDMENT

 

to the

 

Frame Manufacturing and Supply Agreement
  dated April 11th, 2006 (Ciba agreement no. 2007-00892-01, “Agreement”)

 

by and between

 

Novaled AG, Tatzberg 49, D-01307 Dresden (“Novaled’)

 

And

 

Ciba Inc., Klybeckstrasse 141, CH-4057 Basel (“Ciba or Manufacturer”)

 

The Agreement shall be modified as follows:

 

1.                                      Term and Termination

 

a.                                      The Agreement shall be extended until April 30th, 2011 and thereafter be automatically extended for an indefinite period by an additional year each time unless either party terminates the Agreement upon 6 months prior written notice, for the first time effective as of October 30th, 2010.

 

b.                                      In case of termination of the Agreement, Novaled shall provide Ciba within two weeks after the date of notification of termination with a forecast of organic materials (the “Products”) quantities needed until the termination (the “Forecasted Quantities”). Until expiry of the Agreement in case of termination for whatever reason Ciba shall be obliged to deliver the Forecasted Quantities and Novaled shall be obliged to purchase either the Forecasted Quantities or Ciba’s then current inventory of the Products which shall not exceed 1/3 of the purchases of the 12 months prior to the date of the notification of termination.

 

c.                                       Novaled shall purchase all Products as listed in Annex 1a exclusively from Ciba provided that Ciba is able to supply and terms and conditions for the manufacture and supply of such materials acceptable to both parties have been agreed upon by Novaled and Ciba.

 

d.                                      ***

 

2.                                      Order and Purchase Obligation

 

The ordering and purchase obligation from Novaled to Ciba as defined under Article 1 of the Agreement is valid as long as Ciba is able to supply Products in quantities and in a time frame as agreed between Novaled en Ciba.

 

 

3.                                      Products and Products Specification

 

a.                                      Annex 1 which lists the Products manufactured by Ciba under the Agreement shall be replaced by a new Annex 1a as follows:

 

***

 

b.                                      Referring to Article 1 of the Agreement, which stipulates the ordering and specification principle, an Annex 1b (in Annex to this Amendment) shall be added which contains preliminary specifications and may be extended or revised, upon mutual agreement between the parties at any time, if the technical knowledge development regarding a material and its intended use gives a cause for such a change. Any such change in specifications will be addressed by Novaled in written form prior to placing orders which are affected by such changes.

 

***, Ciba will independently present an assessment of potential impurity artefacts caused by the production process. This has to take place upon each change in the production process or batch size and will include an assessment of potential impurities and suggestions for their analytical determination in terms of product quality specification. Ciba shall inform Novaled in due time about any change in the production process or batch size and Novaled has to agree on it before Ciba implement these change.

 

4.                                      Warranty, Product Liability

 

The examination period for Novaled to examine the Products on receipt and notify the Manufacturer of any deviations from the product specifications shall be extended to *** at the latest.

 

5.                                      Miscellaneous

 

This Amendment shall become effective as of April 11, 2009. Otherwise, except as stated herein, the Agreement shall remain unchanged.

 

	
Dresden
    	
 
    	
March 24th,   2009
    	
 
    	
Novaled   AG
    
	
Place
    	
 
    	
Date
    	
 
    	
 
    
	
Basel
    	
 
    	
30/3/2009
    	
 
    	
Ciba   Inc.
    
	
Place
    	
 
    	
Date
    	
 
    	
 
    

 

 

ANNEX 1A:                 MATERIALS LIST

 

***

 

 

Material Specification Sheet

 

 

***

 

 

Material Specification Sheet

 

 

***

 

 

Material Specification Sheet

 

 

***

 

 

Material Specification Sheet

 

 

***

 

 

 

Material Specification Sheet

 

 

***

 

 

Material Specification Sheet

 

 

***

 

 

Material Specification Sheet

 

 

***Exhibit 10.5

 

 

[Redacted Copy]

 

“***” indicates portions of the agreement that have been omitted pursuant to a confidential treatment request and have been filed with the Securities and Exchange Commission separately.

 

Klybeckstrasse 141
 CH-4057 Basel

 

	
Novaled   AG
    	
September 28,   2010
    
	
Attention   of Mr. Gildas Sorin, Managing Executive
    	
***
    
	
Director
    	
Legal   K-141,3,29
    
	
Tatzberg   49
    	
Tel.   ***
    
	
D-01307   Dresden
    	
Fax   ***
    
	
 
    	
***
    

 

Frame Manufacturing and Supply Agreement dated April 11, 2006 and Amendment thereof dated March 30, 2009 (hereinafter jointly referred to as “Agreement”)

 

Dear Mr. Sorin:

 

The purpose of this letter is to summarize our mutual understanding with regard to the above mentioned Agreement as follows:

 

1.             Extension of Initial Period.  The Initial Period of the Agreement shall end on December 31 , 2011.  Thereafter, the Agreement shall be automatically extended by an additional calendar year each time unless either party terminates the Agreement upon 6 months prior written notice, for the first time effective as of December 31, 2011.

 

2.             Negotiations.  The parties wish to express their intention to enter into good faith negotiations for a multi-year manufacturing and supply agreement for the Products (or parts thereof) as defined in the Agreement.

 

3.             Assignment.  BASF Schweiz AG (as legal successor to Ciba Inc.) hereby assigns all rights and obligations under the Agreement to BASF Future Business GmbH (“BASF”) with offices at 4.  Gartenweg Z25, 67063 Ludwigshafen, Germany.  The assignment shall be made with retroactive effect as of November 1, 2009.

 

Except as expressly modified by the terms and conditions of this Amendment, the other terms and conditions of the Agreement remain in full force and effect.

 

BASF Schweiz AG
 Klybeckstrasse 141
 CH-4057 Basel
 Telefon +41 61 636 11 11
 Telefax +41 61 636 12 12
 http://www.basf.ch

 

1

 

 

If you agree with the above, please sign the attached duplicates of this letter and send back two originals to the attention of ***.

 

Yours sincerely,
 BASF Schweiz AG

 

	
***   
    	
 
    	
***   
    
	
Director   Printed Electronics
    	
 
    	
Head   of Law & Compliance Officer
    
	
 
    	
 
    	
 
    
	
Agreed   and accepted:
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
Date:
    	
 
    	
 
    	
Date:
    	
 
    
	
 
    	
 
    	
 
    
	
 
    	
 
    	
 
    
	
***
    	
 
    	
Novaled   AG
    
	
Managing   Director
    	
 
    	
 
    
	
BASF   Future Business GmbH
    	
 
    	
 
    
					

 

2exhibit102.htm - Generated by SEC Publisher for SEC Filing

  

 

EXHIBIT 10.2

 

AMENDMENT NUMBER ONE
TO THE
TELEPHONE AND DATA SYSTEMS, INC.
SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN

WHEREAS, Telephone and Data Systems, Inc., a Delaware corporation (the “Company”), has heretofore adopted and maintains for the benefit of eligible employees of the Company and certain subsidiaries of the Company a supplemental executive retirement plan designated the “Telephone and Data Systems, Inc. Supplemental Executive Retirement Plan” (the “Plan”); 

WHEREAS, the Plan was most recently amended and restated, effective January 1, 2009; and

WHEREAS, the Company desires to amend the Plan further to change the frequency of crediting assumed earnings to participant accounts from annually to quarterly.

NOW, THEREFORE, pursuant to the power of amendment contained in Section 6.1 of the Plan, the Plan hereby is amended, effective as of January 1, 2012, as follows:

1.         Section 2.3 hereby is amended in its entirety to read as follows:

2.3    Earnings and Other Adjustments.  For bookkeeping purposes only, the account established for each Participant pursuant to Section 2.2 shall be adjusted as of the last day of each calendar quarter (each such date, an “Adjustment Date”) until the Participant’s account has been distributed in its entirety to reflect (i) any distributions made to the Participant (or his or her Beneficiary) pursuant to Section 3; (ii) any forfeiture of the account, or a portion thereof, pursuant to Section 3.1(b); and (iii) an assumed rate of earnings equal to one-fourth of the annual yield on ten year BBB rated industrial bonds for the last trading date of the immediately preceding Plan 

 

  

Year as quoted by Standard & Poors.  For the purpose of crediting assumed earnings, the Participant’s account shall be deemed to exclude, and thus assumed earnings for a calendar quarter shall not be credited on, (X) any distributions made to the Participant (or his or her Beneficiary) pursuant to Section 3 on or prior to the applicable Adjustment Date; (Y) any portion of the account forfeited pursuant to Section 3.1(b) on or prior to the applicable Adjustment Date and (Z) any contributions credited to the account pursuant to Section 2.2 which are attributable to the Plan Year during which the applicable Adjustment Date occurs.

2.         Section 3.3 hereby is amended to replace the phrase “adjusted each Plan Year” set forth in the first sentence thereof with the phrase “adjusted each calendar quarter”.

IN WITNESS WHEREOF, the Company has caused this Amendment Number One to be executed by its duly authorized officers this 15th day of March, 2012.

 

	TELEPHONE AND DATA SYSTEMS, INC.
	 	 
	

   By:
	/s/ LeRoy T. Carlson, Jr. 
		Chief Executive Officer, Chier Financial
Officer or Vice President Human Resources
	 	 
	By:	/s/ C. T. Herbert 
	 	Chief Executive Officer, Chief Financial
Officer of Vice President Human Resources

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