Document:

exhibit10-5.htm

    FORM OF TRANSITION SERVICES AGREEMENT

     

         This Transition Services Agreement (this “Services Agreement”) is entered into and effective as of the ___
day of __________, 2010 (the “Effective Date”), by and between Vishay Intertechnology,
Inc., a corporation organized under the laws of the State of Delaware
(“Provider”), and Vishay Precision Group, Inc., a
corporation organized under the laws of the State of Delaware (“Recipient”). Provider and Recipient each may be
referred to herein as a “Party” and collectively, as the “Parties.” 

     

         WHEREAS, the Board of Directors of Provider has determined that it is
appropriate and desirable to separate Recipient and Provider into two
publicly-traded companies by separating Provider from Recipient and transferring
to Recipient Provider’s measurement group and foil business (the “MGF Business”) (such separation, the “Separation”); 

     

         WHEREAS, Provider and Recipient have entered into that certain Master
Separation and Distribution Agreement, dated as of the date hereof (the
“Master Separation Agreement”), in order to carry out, effect and
consummate the Separation; and 

     

         WHEREAS, to facilitate the Separation, Provider and Recipient deem it to
be appropriate and in the best interests of Provider and Recipient that Provider
provide certain services to Recipient pursuant to the terms and conditions set
forth herein. 

     

         NOW, THEREFORE, in consideration of the mutual promises, covenants,
agreements, representations and warranties contained herein, and for other good
and valuable consideration the receipt and adequacy of which are hereby
acknowledged, the Parties hereby agree as follows: 

     

    Article
1
Services

     

         1.1 General. In accordance with the provisions hereof,
Provider, through its Subsidiaries (as defined below) and their respective
employees, agents or contractors, shall provide to Recipient and its
Subsidiaries, and Recipient shall purchase from Provider, the services described
in Schedule A (each a “Service” and collectively, the “Services”). In addition to a description of each
Service, Schedule A shall set forth, where relevant, the maximum
level or amount of each Service, applicable performance times and the pricing
parameters for each Service. Schedule A may be amended from time to time by written
agreement of the Parties. For purposes of this Services Agreement, “Subsidiary” of any Party means a corporation or other
organization whether incorporated or unincorporated of which at least a majority
of the securities or interests having by the terms thereof ordinary voting power
to elect at least a majority of the board of directors or others performing
similar functions with respect to such corporation or other organization is
directly or indirectly owned or controlled by such Party or by any one or more
of its Subsidiaries, or by such Party and one or more of its Subsidiaries;
provided, however, that no person that is not directly or
indirectly wholly-owned by the Party shall be a Subsidiary of such Party unless
such Party controls, or has the right, power or ability to control, that person.

     

         1.2 Quality of Services. Subject to Section 1.3, Provider shall perform each of the Services
(i) in a workmanlike and professional manner, (ii) with the same degree of care
as it exercises in performing its own
functions of a like or similar nature, (iii) utilizing individuals of suitable
experience, training and skill, and (iv) in a timely manner in accordance with
the provisions of this Services Agreement. 

     

    

    
    

         1.3 Forecasts. Recipient shall provide Provider with a
monthly forecast of its requested level of Services not less than fifteen (15)
days prior to the beginning of each calendar month, unless no change in the
existing service levels are forecast for such calendar month. The Service
levels, if any, initially requested by Recipient (the “Initial Service Levels”) shall be as set forth on Schedule A. Service levels may be decreased from the
Initial Service Levels upon Recipient’s delivery to Provider of written notice
of such decrease specified in reasonable detail at least sixty (60) days in
advance of the month to which the decrease forecast relates. Any increase in the
scope of Services, including the addition of any new Services, shall be
negotiated in good faith by the Parties; provided that Provider shall not be required to perform
additional or enhanced services, except to the extent that it has available
resources and receives compensation acceptable in its reasonable discretion. To
the extent any Services are mischaracterized in Schedule A, Provider and Recipient shall negotiate in
good faith to amend Schedule A as appropriate. 

     

         1.4 Third Party Services. Each Party acknowledges and agrees that
certain of the Services to be provided under this Services Agreement may have
been, and may continue to be, provided to Recipient, by third parties designated
by Provider. To the extent so provided, Provider shall use commercially
reasonable efforts to (i) cause such third parties to provide such Services in
accordance with the provisions of this Services Agreement and/or (ii) enable
Recipient and its Subsidiaries to avail itself of such Services; provided, however, that if any such third party is unable or
unwilling to provide any such Services, Provider shall use its commercially
reasonable efforts to determine the manner in which such Services can best be
provided, and, if there is any change to the level or cost of Services provided
as a result, Provider and Recipient shall negotiate in good faith to amend
Schedule A as appropriate. 

     

         1.5 Responsible Personnel. Each Party shall (i) from time to time
designate a senior level manager who shall have overall responsibility for the
administration and operation of this Services Agreement (each, a “Party Representative”) and (ii) upon reasonable request of the
other Party, provide such other Party with a list of key management personnel
who may be contacted by such other Party with respect to each Service.

     

         1.6 Consultation. At either Party’s reasonable request, the
Parties shall meet and discuss the nature, quality and level of Services covered
by this Services Agreement and any modifications a Party may wish to make to the
Services and other matters specified in Schedule A. 

     

         1.7 Recovery Procedures. Provider shall maintain, consistent with
past practices applicable to the MGF Business immediately prior to the
Separation, operational recovery procedures to insure the availability of
systems and the integrity of data relating to the Services at all times. In the
event of the unavailability of any such system or the loss or destruction of any
such data, Provider shall use its commercially reasonable efforts, consistent
with past practices applicable to the MGF Business immediately prior to the
Separation, to restore such systems and recover or replace such data as quickly
and completely as is practicable. 

     

    2 

     

    

    
    

         1.8 Monitoring and Reports; Books and Records;
Audit Right.

     

         (a) Provider shall maintain books and records in
reasonable and customary detail pertaining to the provision of Services pursuant
to this Services Agreement. Provider shall make such books and records available
for inspection by Recipient or its authorized representatives during normal
business hours, upon reasonable notice to Provider, and shall retain such books
and records for periods consistent with the retention policies applicable to the
MGF Business immediately prior to the Separation.

     

         (b) Upon thirty (30) days’ advance notice to
Provider, Recipient may audit (or cause an independent third party auditor to
audit), during regular business hours and in a manner that complies with the
building and security requirements of Provider, the books, records and
facilities of Provider pertaining to the provision of Services pursuant to this
Services Agreement to the extent necessary to determine Provider’s compliance
with this Services Agreement. For any given Service, Recipient shall have the
right to audit such books, records and facilities of Provider once for each
twelve month period during which payment obligations are due. Any audit under
this Section 1.8(b) shall not interfere unreasonably with the
operations of Provider. Recipient shall pay the costs of conducting such audit,
unless the results of an audit reasonably indicate an overpayment by Recipient
of ten percent (10%) or more (such percentage to be determined by reference to
the Services which are subject to the specific audit), in which case, Provider
shall pay the reasonable out-of-pocket costs of Recipient. 

     

         (c) Provider shall provide Recipient, at no cost
to Recipient, with customary reports concerning the performance of the Services
and as Recipient otherwise reasonably requests from time to time.

     

    Article
2
Compensation; Billing 

     

         2.1 Service Fees. In consideration of providing the Services,
Provider will charge Recipient the monthly fees or time and materials fees
indicated for each Service listed on Schedule A (each, a “Service Fee” and collectively, the “Service Fees”). In the event that for any month there
shall be an increase or decrease of the level of any Service by 5% or more
compared to the Initial Service Levels for any Service described on Schedule A for which there is a monthly fee, if any, the
Service Fee for such Service shall be adjusted proportionately. 

     

         2.2 Expenses. Provider shall also be entitled to charge
Recipient for its reasonable documented, out-of-pocket costs and expenses
incurred by Provider in providing the Services, as more particularly provided on
Schedule A (“Expenses”). 

     

         2.3 Invoices. Not later than 30 days after the end of each
calendar month, Provider shall send Recipient an invoice that includes in
reasonable detail the Service Fees and Expenses due for Services provided to
Recipient for such month. Payments of invoices shall be made by wire transfer of
immediately available United States funds to one or more accounts specified in
writing by Provider. Payment shall be made within 30 days after the date of
receipt of Provider’s invoice. All amounts payable to Provider hereunder shall
be paid without setoff, deduction, abatement or counterclaim. 

     

    3 

     

    

    
    

         2.4 Payment Delay. If Recipient fails to make any payment of a
material invoice within 60 days from the date such payment was due, Provider
shall have the right, at its sole option, upon 10 business days’ written notice
(a “Suspension Notice”), to suspend performance of the Services
until payment has been received.

     

         2.5 Finance Charges. With respect to the unpaid amount of any
invoice not paid in full within 30 days of receipt, a finance charge of 1% per
month, payable from the date of the invoice to the date payment is received,
shall be due and payable to Provider. In addition, Recipient shall indemnify
Provider for its costs, including reasonable attorneys’ fees and disbursements,
incurred to collect any unpaid amount. Recipient shall not be liable for the
payment of any finance charges pursuant to this Section 2.5, and Provider shall not be authorized to
suspend performance pursuant to Section 2.4, to the extent, but only to the extent, that
Recipient in good faith is in the process of disputing the fees or expenses to
which such finance charges or performance relates in accordance with
Section 13.2. 

     

    Article
3
Cooperation and Consents 

     

         3.1 General. Each Party shall reasonably cooperate with
and provide assistance to the other Party in carrying out the provisions of this
Services Agreement. Such cooperation shall include, but not be limited to,
exchanging information, providing electronic systems used in connection with the
Services, making adjustments and obtaining all consents, licenses, sublicenses
or approvals necessary to permit each party to perform its obligations
hereunder. 

     

         3.2 Transition. At the request of Recipient in contemplation
of the termination of any Services hereunder, in whole or in part, Provider
shall cooperate with Recipient, at Recipient’s expense, in transitioning such
Services to Recipient or any third-party service provider designated by
Recipient. 

     

         3.3 Consents. Provider will obtain any third-party
consents necessary to enable it to provide the Services as forth on Schedule 3.3 (the “Consents”), provided that Provider shall not be required to pay any
consideration or incur any liability therefor. If any such consent is not
obtained, the parties will reasonably cooperate with one another to achieve a
reasonable alternative arrangement with respect thereto. 

     

    Article
4
Confidentiality 

     

         4.1 Generally. In the course of the performance of the
Services, each Party may become aware of confidential and proprietary
information of the other Party (“Confidential Information”). All Confidential Information disclosed by
a Party during the term of this Services Agreement shall remain the property of
the disclosing Party and shall be used by the receiving Party only in accordance
with the provisions of this Services Agreement.

     

         4.2 Identification; Term. (a) Except in the case of (x) information
that is subject to the confidentiality provisions of Section 4.5 of the Master
Separation Agreement or (y) information exchanged in furtherance of the
performance of the Services hereunder that is of a type that is generally
regarded by the Parties to be confidential information (such as pricing, customer and production information), to which
this subsection (a) shall not apply, if disclosed in written form, Confidential
Information shall be identified as Confidential Information by an appropriate
legend. For a period of 5 years from the date of first receipt thereof, the
receiving Party shall (i) treat all such information in the same manner as it
treats its own confidential information, in any event exercising reasonable
precautions to prevent the disclosure of such information to others; (ii) use
such information only for the purposes set forth herein; and (iii) disclose such
information only to its employees who have a need to know such information in
the performance of their duties hereunder. 

     

    4 

     

    

    
    

         4.3 Exceptions. The obligations of confidential treatment
under this Article 4 shall not apply to any Confidential Information which (i)
is or becomes publicly known through no wrongful act, fault or negligence of the
receiving Party; (ii) was known by the receiving Party prior to disclosure or is
developed by the receiving Party independently of such disclosure; (iii) was
disclosed to the receiving Party by a third party who was not under any
obligation of confidentiality; (iv) is approved for release by written
authorization of the disclosing Party; or (v) is disclosed pursuant to a
requirement of law or by court order, provided that the receiving Party has
provided the disclosing Party with reasonable opportunity to prevent or limit
such legally required disclosure. 

     

         4.4 Injunctive Relief. Each Party acknowledges and agrees that it
would be difficult to measure the damages that might result from any actual or
threatened breach of this Article 4 and that such actual or threatened breach by
it may result in immediate, irreparable and continuing injury to the other Party
and that a remedy at law for any such actual or threatened breach may be
inadequate. Accordingly, the Parties agree that the non-breaching Party, in its
sole discretion and in addition to any other remedies it may have at law or in
equity, shall be entitled to seek temporary, preliminary and permanent
injunctive relief or other equitable relief, issued by a court of competent
jurisdiction, in case of any such actual or threatened breach (without the
necessity of actual injury being proved and with the necessity of posting bond).

     

    Article
5
Intellectual Property 

     

         5.1 Recipient Intellectual
Property. Except as
otherwise agreed by the Parties, all data, software, or other property or assets
owned or created by Recipient shall remain the sole and exclusive property and
responsibility of Recipient. Provider shall not acquire any rights in any such
data, software or other property or assets pursuant to this Services Agreement.

     

         5.2 Provider Intellectual
Property. Except as
otherwise agreed by the Parties, all data, software or other property or assets
which are owned by Provider, including without limitation derivative works
thereof and new data or software created by Provider at Provider’s expense
pursuant to the provision of Services and all intellectual property rights
therein (the “Provider Property”), shall be the sole and exclusive property
and responsibility of Provider. Recipient shall not acquire any rights in any
Provider Property pursuant to this Services Agreement. 

     

    5 

     

    

    
    

    Article
6
Remedies and Limitation of
Liability 

     

         6.1 In the event that any Service performed by
Provider hereunder is not performed in accordance with the provisions of
Article 1, Recipient’s sole remedy shall be, at the
election of Recipient either (i) to require Provider to re-perform such Service
in accordance with Article 1 without obligation on the part of Recipient
to make payment for such performance, (ii) to provide Recipient with a credit in
an equivalent amount towards the future purchase of Services, as contemplated by
this Services Agreement, or (iii) to require Provider to pay the cost of
replacing such Services with a third-party provider, and Provider shall not be
liable for any other loss or damage on account of the performance of any
Service. 

     

         6.2 IN NO EVENT SHALL EITHER PARTY BE LIABLE TO
THE OTHER FOR ANY SPECIAL, CONSEQUENTIAL, INDIRECT, COLLATERAL, INCIDENTAL OR
PUNITIVE DAMAGES OR LOST PROFITS OR FAILURE TO REALIZE EXPECTED SAVINGS OR OTHER
COMMERCIAL OR ECONOMIC LOSS OF ANY KIND, HOWEVER CAUSED AND ON ANY THEORY OF
LIABILITY (INCLUDING NEGLIGENCE) ARISING IN ANY WAY OUT OF THIS SERVICES
AGREEMENT, WHETHER OR NOT SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF ANY
SUCH DAMAGES; PROVIDED, HOWEVER, THAT THE FOREGOING LIMITATIONS SHALL NOT LIMIT
EITHER PARTY’S INDEMNIFICATION OBLIGATIONS FOR LIABILITIES WITH RESPECT TO THIRD PARTY CLAIMS, AS SET FORTH IN
ARTICLE 7.

     

         6.3 In no event, whether as a result of breach of
contract, indemnity, warranty, tort (including negligence), strict liability, or
otherwise, shall either Party’s liability to the other Party for any loss or
damage arising out of, or resulting from, this Services Agreement or the
furnishing of Services hereunder, in any month exceed three times the monthly
price of the specific Service which gives rise to the claim for such month.

     

    Article
7
Indemnification 

     

         7.1 General. Each Party shall indemnify and hold harmless
the other Party from all claims, liabilities, damages and expenses payable to
third parties arising out of or relating to (i) a breach of this Services
Agreement, (ii) gross negligence, or willful misconduct, or (iii) infringement
of third party intellectual property in the performance of any Service, in each
case, by the indemnifying Party, except to the extent, but only to the extent,
that any such claims, liabilities, damages or expenses are the result of a
breach of this Services Agreement, gross negligence or willful misconduct, or
infringement of third party intellectual property, on the part of the
indemnified Party. 

     

         7.2 Special Recipient Indemnity. Notwithstanding anything to the contrary
herein, Recipient shall indemnify and hold Provider harmless from and against
(i) any tax, penalty, interest, addition to tax, tax surcharge, or other charge
payable by Provider as a result of any sales, use or excise taxes levied or
based on amounts payable pursuant to this Services Agreement, including
privilege or excise taxes based on gross revenues under this Services Agreement
or taxes on the Services rendered to Recipient, provided that Recipient shall
not be responsible for any taxes levied
measured by or based upon the net income of Provider; (ii) claims, liabilities,
damages and expenses arising out of or relating to (a) the content of or defects
in any inventory, material or other property of the Recipient, or (b) the
performance of Services for or on behalf of Recipient hereunder, but only to the
extent such Services have been performed in compliance with this Services
Agreement or otherwise pursuant to the specific written instructions of
Recipient. 

     

    6 

     

    

    
    

         7.3 Indemnification Procedures. Indemnification of Third Party Claims (as
that term is defined in the Master Separation Agreement) shall be governed by
the definitions and procedures set forth in Section 5.6 of the Master Separation
Agreement. Indemnification for direct claims shall be governed by the procedures
set forth in Section 5.7 of the Master Separation Agreement. Payment shall be
made in accordance with the provision of Section 5.8 of the Master Separation
Agreement. For the avoidance of doubt, the provisions of Section 5.5 of the
Master Separation Agreement shall not be applicable to claims under this
Article 7. 

     

    Article
8
Excusable Delays 

     

         Neither Party shall be held liable for any delay or failure in
performance of any part of this Services Agreement by reason of any cause beyond
its reasonable control, including, but not limited to, acts of God, acts of
civil or military authority, government regulations, embargoes, epidemics, war,
terrorist acts, riots, fires, explosions, earthquakes, nuclear accidents,
floods, strikes, power blackouts affecting facilities, inability to secure
products or services of other persons or transportation facilities, or acts or
omissions of transportation common carriers, provided that the Party so affected
shall use reasonable commercial efforts to remove such causes of
non-performance. Upon the occurrence of any event of force majeure, the Party
whose performance is prevented shall promptly give written notice to the other
Party and the Parties shall promptly confer in good faith to agree upon
reasonable action to minimize the impact of such event on the Parties.

     

    Article
9
Independent Contractor 

     

         9.1 Relationship. In its performance of Services hereunder,
Provider is an independent contractor to Recipient and nothing in this Services
Agreement shall be deemed to make a Party a partner, principal, joint venturer,
or fiduciary of the other Party. Neither Provider nor any persons performing any
Service on Provider’s behalf shall be deemed to be employees, agents or legal
representatives of Recipient. Nothing in this Services Agreement shall confer
authority upon any Party to enter into any commitment or agreement binding upon
the other Party. 

     

         9.2 No Assumption of
Obligations. Nothing in
this Services Agreement shall be construed as an assumption by Provider of any
financial obligation of Recipient. 

     

         9.3 Compensation of Employees. Provider shall be responsible for payment of
compensation to its employees and shall be responsible for payment of all
federal, state and local taxes or
contributions imposed or required under unemployment insurance, social security
and income tax laws with respect to such persons. 

     

    7 

     

    

    
    

    Article
10
Compliance With Laws 

     

         In the performance of its duties and obligations under this Services
Agreement, each Party shall comply with all applicable laws. The Parties shall
cooperate fully in obtaining and maintaining in effect all permits and licenses
that may be required for the performance of the Services. 

     

    Article
11
Term and Termination 

     

         11.1 Term. The term of this Services Agreement shall
commence on the Effective Date and end on the eighteen (18) month anniversary of
the Distribution Date (as defined in the Master Separation Agreement), unless
terminated earlier in whole or in part as provided in Section 11.3. 

     

         11.2 [Intentionally omitted.] 

     

         11.3 Termination of this Services
Agreement. This Services
Agreement may be terminated: 

     

         (a) By written agreement of the Parties; 

     

         (b) By Provider in the event an unpaid invoice
resulting in delivery to Recipient of a Suspension Notice under Section 2.4 is not satisfied within sixty (60) days of
the date of delivery of such notice; 

     

         (c) By either Party upon a material breach (other
than non-payment of Services Fees or Expenses) by the other that is not cured
within thirty (30) days after written notice of such breach from the
non-breaching Party, except that where such breach is not capable of being cured
within 30 days, the breaching Party shall be accorded thirty (30) additional
days to cure such breach if it demonstrates that it is capable of curing such
breach within such additional period; 

     

         (d) Upon thirty (30) days’ advance written notice
by either Party to the other where one Party: (i) commences a voluntary case or
other proceeding seeking liquidation, reorganization, or similar relief or seeks
the appointment of a trustee, receiver, liquidator or other similar official of
it or the taking of possession by any such official in any involuntary case or
other proceeding commenced against it, or makes a general assignment for the
benefit of creditors, or fails generally to pay its debts as they become due; or
(ii) has an involuntary case or other proceeding commenced against it seeking
liquidation, reorganization or other relief with respect to it or substantially
all of its debts or seeks the appointment of a trustee, receiver, liquidator,
custodian or other similar official for such Party or any substantial part of
its property, and such involuntary case or other proceeding remains undismissed
for a period of sixty (60) days; or 

     

    8 

     

    

    
    

         (e) By Recipient upon not less than sixty (60)
days’ advance written notice, with respect to all or any part of any Service
provided pursuant to this Services Agreement; provided that neither this Services Agreement nor any
Service to performed by Provider hereunder may be terminated earlier than ninety
(90) days after the Distribution Date; and provided further that to the extent there are any break-up
costs (including commitments made to or in respect of personnel or third parties
due to the requirement to provide the Services and prepaid expenses related to
the Services, or costs related to terminating such commitments) incurred by
Provider as a result of such termination, Recipient shall be solely responsible
for such costs. This Section 11.3(e) shall not limit the application of
Section 1.3. 

     

         11.4 Effect. In the event of termination of this Services
Agreement in its entirety pursuant to this Article 11 or upon the expiration of the term (as the
same may be extended pursuant to Section 11.2), this Services Agreement shall cease to have
further force or effect and neither Party shall have any liability to the other
Party with respect to this Services Agreement, provided that: 

     

         (a) Termination or expiration of this Services
Agreement for any reason shall not release a Party from any liability or
obligation which already has accrued as of the effective date of such
termination or expiration, and shall not constitute a waiver or release of, or
otherwise be deemed to adversely affect, any rights, remedies or claims, which a
Party may have hereunder at law, equity or otherwise or which may arise out of
or in connection with such termination or expiration. 

     

         (b) As promptly as practicable following
termination of this Services Agreement in its entirety or with respect to any
Service to the extent applicable, and the payment by Recipient of all amounts
owing hereunder, Provider shall return all reasonably available material,
inventory and other property of Recipient held by Provider and shall deliver
copies of all of Recipient’s records maintained by Provider with regard to the
Services in Provider’s standard format and media. Provider shall deliver such
property and records to such location or locations as reasonably requested by
Recipient. Provider shall be responsible for the packing and preparation for
shipping of all such material, inventory and other property. Arrangements for
shipping, including the cost of freight and insurance, and the reasonable cost
of packing incurred by Provider shall be the responsibility of and shall be paid
by Recipient. 

     

         (c) Articles 4, 5, 6, 7, 10, 12, 13 and 14 and this Section 11.4 shall survive any termination or expiration
of this Services Agreement and remain in full force and effect. 

     

    Article
12
Notices 

     

         All notices, demands and other communications required to be given to a
Party hereunder shall be in writing and shall be deemed to have been duly given
if personally delivered, sent by a nationally recognized overnight courier,
transmitted by facsimile, or mailed by registered or certified mail (postage
prepaid, return receipt requested) to such Party at the relevant street address,
facsimile number or e-mail address set forth below (or at such other street
address, facsimile number or e-mail address as such Party may designate from
time to time by written notice in accordance with this provision): 

     

    9 

     

    

    
    

    If to Provider, to: 

     

    Vishay Intertechnology, Inc.
63 Lancaster Avenue
Malvern, PA
19355-2120
Attention: Dr. Lior
E. Yahalomi, Chief Financial Officer
Telephone: 610-644-1300
Facsimile:
610-889-2161 

     

    with a copy to: 

     

    Kramer Levin Naftalis & Frankel LLP
1177 Avenue of the
Americas
New York, NY 10036
Attention: Abbe L. Dienstag,
Esq.
Telephone: 212-715-9100
Facsimile: 212-715-8000 

     

    If to Recipient, to: 

     

    Vishay Precision Group, Inc.
3 Great Valley Parkway
Malvern, PA
19355-1307
Attention: William
M. Clancy, Chief Financial Officer
Telephone: (484)-321-5300
Facsimile:
(484)-321-5300

    with a copy to: 

     

    Pepper Hamilton LLP
3000 Two Logan Square
Eighteenth and Arch
Streets
Philadelphia,
Pennsylvania 19103-2799
Attention: Barry Abelson, Esq.
Telephone:
215-981-4000
Facsimile: 215-981-4750 

     

         Any notice, demand or other communication hereunder shall be deemed given
upon the first to occur of: (i) the fifth (5th) day after deposit thereof, postage prepaid
and addressed correctly, in a receptacle under the control of the United States
Postal Service; (ii) transmittal by facsimile transmission to a receiver or
other device under the control of the party to whom notice is being given; or
(iii) actual delivery to or receipt by the party to whom notice is being given
or an employee or agent thereof. 

     

    Article
13
Governing Law and Dispute
Resolution 

     

         13.1 Governing Law. This Services Agreement and the legal
relations between the parties hereto shall be governed by and construed in
accordance with the laws of the State of  New York, without regard to the conflict of laws rules thereof to the
extent such rules would require the application of the law of another
jurisdiction. 

     

    10

     

    

    
    

         13.2 Dispute Resolution. The procedures for discussion and
negotiation set forth in this Section 13.2 shall apply to all disputes, controversies or
claims (whether arising in contract, tort or otherwise) (each, a “Dispute”) that may arise out of or relate to, or
arise under or in connection with this Services Agreement or the transactions
contemplated hereby.

     

         (a) It is the intent of the Parties to use their
respective reasonable best efforts to resolve expeditiously any Dispute between
them with respect to the matters covered hereby that may arise from time to time
on a mutually acceptable negotiated basis. In furtherance of the foregoing, if a
Dispute arises, the respective Party Representatives shall consider the Dispute
for up to seven (7) business days following receipt of a notice from either
Party specifying the nature of the Dispute, during which time the Party
Representatives shall meet in person at least once, and attempt to resolve the
Dispute.

     

         (b) If the Dispute is not resolved by the end of
the seven (7) day period referred to in Section 13.2(a), or if the Party Representatives agree that
the Dispute can not be resolved by them, either Party may deliver a notice (an
“Escalation Notice”) demanding an in-person meeting involving
appropriate representatives of the Parties at a senior level of management of
the Parties (or if the Parties agree, of the appropriate strategic business unit
or division within such entity) (collectively, “Senior Executives”). Thereupon, each of the Party
Representatives shall promptly prepare a memorandum stating (i) the issues in
Dispute and each Party’s position thereon, (ii) a summary of the evidence and
arguments supporting each Party’s positions (attaching all relevant documents),
(iii) a summary of the negotiations that have taken place to date, and (iv) the
name and title of the Senior Executive who shall represent each Party. The Party
Representatives shall each deliver such memorandum to its respective Senior
Executive promptly upon receipt of such memorandum from the other Party
Representative. The Senior Executives shall meet for negotiations (which may be
held telephonically) at a mutually agreed time and place within ten (10) days of
the Escalation Notice, and thereafter as often as the Senior Executives deem
reasonably necessary to resolve the Dispute. 

     

         (c) In the event that the Parties, after complying
with the provisions set forth in Sections 13.2(a) and 13.2(b), are unable to resolve a Dispute that arises
out of or relates to, arises under or in connection with this Services Agreement
or the transactions contemplated hereby, the Parties shall resolve such Dispute
in accordance with the provisions set forth in Article VIII of the Master Separation Agreement.

     

    11 

     

    

    
    

    Article
14
Miscellaneous 

     

         14.1 Amendment. No provisions of this Services Agreement
shall be amended, modified or supplemented by any Party, unless such amendment,
supplement or modification is in writing and signed by the authorized
representative of the Party against whom it is sought to enforce such amendment,
supplement or modification. 

     

         14.2 Waiver.

     

         (a) Any term or provision of this Services
Agreement may be waived, or the time for its performance may be extended, by the
Party or the Parties entitled to the benefit thereof. Any such waiver shall be
validly and sufficiently given for the purposes of this Services Agreement if,
as to any Party, it is in writing signed by an authorized representative of such
Party. 

     

         (b) Waiver by any Party of any default by the
other Party of any provision of this Services Agreement shall not be construed
to be a waiver by the waiving party of any subsequent or other default, nor
shall it in any way affect the validity of this Services Agreement or any Party
or prejudice the rights of the other Party thereafter to enforce each and ever
such provision. No failure or delay by any Party in exercising any right, power
or privilege hereunder shall operate as a waiver thereof nor shall any single or
partial exercise thereof preclude any other or further exercise thereof or the
exercise of any other right, power or privilege. 

     

         14.3 Assignability. This Services Agreement shall be binding
upon and inure to the benefit of the Parties, and their respective successors
and permitted assigns; provided, however, that no Party may assign, delegate or
transfer (by merger, operation of law or otherwise) its respective rights or
delegate its respective obligations under this Services Agreement without the
express prior written consent of the other Party. Notwithstanding the foregoing,
either Party may assign its rights and obligations under this Services Agreement
to any Wholly-owned Subsidiary; provided, however, that each Party shall at all times remain
liable for the performance of its obligations under this Services Agreement by
any such Wholly-owned Subsidiary. Any attempted assignment or delegation in
violation of this Section 14.3 shall be void. For purposes of this Services
Agreement, “Wholly-owned Subsidiary” of a Party means a Subsidiary of that Party
substantially all of whose voting securities and outstanding equity interest are
owned either directly or indirectly by such Party or one or more of its
Subsidiaries or by such Party and one or more of its Subsidiaries. 

     

         14.4 No Subcontracting. Unless otherwise agreed by Recipient, which
agreement shall not unreasonably be withheld, and except as provided in
Section 1.4, Provider may not subcontract the
performances of any Services hereunder. 

     

         14.5 Third Parties. Except for the indemnification rights under
this Services Agreement of any Party in their respective capacities as such: (i)
the provisions of this Services Agreement are solely for the benefit of the
Parties and their respective successors and permitted assigns, and are not
intended to confer upon any person, except the Parties and their respective
successors and permitted assigns, any rights or remedies hereunder; (ii) there
are no third party beneficiaries of this Services Agreement; and (iii) this
Services Agreement shall not provide any third party with any remedy, claim, liability, reimbursement, claim of
action or other right in excess of those existing without reference to this
Services Agreement. 

     

    12 

     

    

    
    

         14.6 Severability. If any provision of this Services Agreement
or the application thereof to any person or circumstance is determined by a
court of competent jurisdiction to be invalid, void or unenforceable, the
remaining provisions hereof, or the application of such provision to persons or
circumstances or in jurisdictions other than those as to which it has been held
invalid or unenforceable, shall remain in full force and effect and shall in no
way be affected, impaired or invalidated thereby, so long as the economic or
legal substance of the transactions contemplated hereby is not affected in any
manner adverse to any Party. Upon such determination, the Parties shall
negotiate in good faith in an effort to agree upon such a suitable and equitable
provision to effect the original intent of the Parties. 

     

         14.7 Attorneys’ Fees. In any action hereunder to enforce the
provisions of this Services Agreement, the prevailing Party shall be entitled to
recover its reasonable attorneys’ fees in addition to any other recovery
hereunder. 

     

         14.8 Counterparts. This Services Agreement may be executed in
one or more counterparts, each of which when so executed and delivered or
transmitted by facsimile, e-mail or other electronic means, shall be deemed to
be an original and all of which taken together shall constitute but one and the
same instrument. A facsimile or electronic signature is deemed an original
signature for all purposes under this Services Agreement. 

     

         14.9 DISCLAIMER OF REPRESENTATIONS AND
WARRANTIES. EXCEPT FOR THE
REPRESENTATIONS, WARRANTIES AND COVENANTS EXPRESSLY MADE IN THIS SERVICES
AGREEMENT, PROVIDER HAS NOT MADE AND DOES NOT HEREBY MAKE ANY EXPRESS OR IMPLIED
REPRESENTATIONS, WARRANTIES OR COVENANTS, STATUTORY OR OTHERWISE, OF ANY NATURE,
INCLUDING WITH RESPECT TO THE WARRANTIES OF MERCHANTABILITY, QUALITY, QUANTITY,
SUITABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OR THE RESULTS OBTAINED OF THE
CONTINUING BUSINESS. ALL OTHER REPRESENTATIONS, WARRANTIES, AND COVENANTS,
EXPRESS OR IMPLIED, STATUTORY, COMMON LAW OR OTHERWISE, OF ANY NATURE, INCLUDING
WITH RESPECT TO THE WARRANTIES OF MERCHANTABILITY, QUALITY, QUANTITY,
SUITABILITY OR FITNESS FOR ANY PARTICULAR PURPOSE OR THE RESULTS OBTAINED OF THE
CONTINUING BUSINESS ARE HEREBY DISCLAIMED BY PROVIDER. 

     

         14.10 Remedies. The rights and remedies provided herein
shall be cumulative and not exclusive of any rights or remedies provided by law.

     

         14.11 Specific Performance. The Parties agree that the remedy at law for
any breach of this Services Agreement may be inadequate, and that, as between
Provider and Recipient, any Party by whom this Services Agreement is enforceable
shall be entitled to specific performance in addition to any other appropriate
relief or remedy. Such Party may, in its sole discretion, apply to a court of
competent jurisdiction for specific performance or injunctive or such other
relief as such court may deem just and proper in order to enforce this Services
Agreement as between Provider and Recipient, or prevent any violation hereof,
and, to the extent permitted by applicable law, as between Provider and Recipient, each Party waives any
objection to the imposition of such relief. 

     

    13 

     

    

    
    

         14.12 Consent to Jurisdiction. Subject to the provisions of Section 13.2, each of the Parties irrevocably submits to
the jurisdiction of the federal and state courts located in Philadelphia,
Pennsylvania and the City of New York, Borough of Manhattan for the purposes of
any suit, action or other proceeding to compel arbitration, for the enforcement
of any arbitration award or for specific performance or other equitable relief
pursuant to Section 14.11 Each of the Parties further agrees that
service of process, summons or other document by U.S. registered mail to such
parties address as provided in Article 12 shall be effective service of process for any
action, suit or other proceeding with respect to any matters for which it has
submitted to jurisdiction pursuant to this Section 14.12. Each of the Parties irrevocably waives any
objection to venue in the federal and state courts located in Philadelphia,
Pennsylvania and the City of New York, Borough of Manhattan of any action, suit
or proceeding arising out of this Services Agreement or the transactions
contemplated hereby for which it has submitted to jurisdiction pursuant to this
Section 14.12, and waives any claim that any such action,
suit or proceeding brought in any such court has been brought in an inconvenient
forum. 

     

         14.13 Waiver of jury trial. Subject to Section 13.2 and Section 14.11,
each of the Parties hereby waives to the fullest extent permitted by applicable
law any right it may have to a trial by jury with respect to any court
proceeding directly or indirectly arising out of and permitted under or in
connection with this agreement or the transactions contemplated by this
agreement. Each of the Parties hereby (a) certifies that no representative,
agent or attorney of any other Party has represented, expressly or otherwise,
that such other Party would not, in the event of litigation, seek to enforce the
foregoing waiver and (b) acknowledges that it has been induced to enter into
this agreement and the transactions contemplated by this agreement, as
applicable, by, among other things, the mutual waivers and certifications in
this Section 14.13. 

     

         14.14 Nonrecurring Costs and
Expenses. Notwithstanding
anything herein to the contrary, any nonrecurring costs and expenses incurred by
the Parties to effect the transactions contemplated hereby which are not
allocated pursuant to the terms of this Agreement shall be the responsibility of
the Party which incurs such costs and expenses. 

     

         14.15 Press Releases; Public
Announcements. Neither
Party shall issue any release or make any other public announcement concerning
this Agreement or the transactions contemplated hereby without the prior written
approval of the other Party, which approval shall not be unreasonably withheld,
delayed or conditioned; provided, however, that either Party shall be permitted to make
any release or public announcement that in the opinion of its counsel it is
required to make by law or the rules of any national securities exchange of
which its securities are listed; provided further that it has made efforts that are reasonable
in the circumstances to obtain the prior approval of the other Party.

     

         14.16 Construction. Any uncertainty or ambiguity with respect to
any provision of this Agreement shall not be construed for or against any party
based on attribution of drafting by either party. The headings contained herein
are for reference purposes only and shall not affect in any way the meaning or
interpretation of this Agreement. In this Agreement, unless a clear contrary
intention appears: 

     

    14 

     

    

    
    

         (a) the singular number includes the plural number and vice versa;

     

         (b) reference to any Person includes such Person’s
successors and assigns but, if applicable, only if such successors and assigns
are not prohibited by this Agreement, and reference to a Person in a particular
capacity excludes such Person in any other capacity or individually;

     

         (c) reference to any gender includes each other gender; 

     

         (d) reference to any agreement, document or
instrument means such agreement, document or instrument as amended, modified,
supplemented or restated, and in effect from time to time in accordance with the
terms thereof subject to compliance with the requirements set forth herein;

     

         (e) reference to any applicable law means such
applicable law as amended, modified, codified, replaced or reenacted, in whole
or in part, and in effect from time to time, including rules and regulations
promulgated thereunder, and reference to any section or other provision of any
applicable law means that provision of such applicable law from time to time in
effect and constituting the substantive amendment, modification, codification,
replacement or reenactment of such section or other provision; 

     

         (f) “herein,” “hereby,” “hereunder,” “hereof,”
“hereto” and words of similar import shall be deemed references to this
Agreement as a whole and not to any particular article, section or other
provision hereof; 

     

         (g) “including” (and with correlative meaning
“include”) means including without limiting the generality of any description
preceding such term; 

     

         (h) the Table of Contents and headings are for
convenience of reference only and shall not affect the construction or
interpretation hereof or thereof; 

     

         (i) with respect to the determination of any
period of time, “from” means “from and including” and “to” means “to but
excluding;” and 

     

         (j) references to documents, instruments or
agreements shall be deemed to refer as well to all addenda, exhibits, schedules
or amendments thereto. 

     

         14.17 Entire Agreement. This Services Agreement and the Schedules
hereto, as well as any other agreements and documents referred to herein,
constitute the entire agreement between the Parties with respect to the subject
matter hereof and supersede all previous agreements, negotiations, discussions,
understandings, writings, commitments and conversations between the Parties with
respect to such subject matter. No agreements or understandings exist between
the Parties other than those set forth or referred to herein. 

     

    {Signatures appear on
the following page}

     

    15 

     

    

    
    

         IN WITNESS WHEREOF, the Parties hereto have caused this Amended and
Restated Transition Services Agreement to be executed by their duly authorized
officers or representatives as of the date first written above. 

     

    
      	VISHAY INTERTECHNOLOGY, INC.	      	VISHAY PRECISION GROUP,
INC.
	
            	
            	 
	By:	 	
            	By:	 
	
            	Name:	 	
            	Name:
	 	Title:	
            	
            	Title:

    

    

    
    

    SCHEDULE A 

     

    TO 

     

    TRANSITION SERVICES AGREEMENT

     

    This Schedule A is
comprised of Schedule A-1, Schedule A-2 and Schedule A-3. The Services to be
provided by Provider under Schedule A-1 are referred to generally as the
Corporate Website Services, the EDI Services and the Partners Services. The
Services to be provided by Provider under Schedule A-2 are referred to generally
as the SAP Services. The Services to be provided by Provider under Schedule A-3
are referred to generally as the Finance Support Services. In accordance with
the Services Agreement, the Services to be provided hereunder will be provided
by Provider through its Subsidiaries and their respective employees, agents or
contractors. 

     

    Capitalized terms
used but not defined herein have the meaning given to them in that certain
Transition Services Agreement, dated the ___ day of __________, 2010, by and
between Vishay Intertechnology, Inc., as Provider, and Vishay Precision Group,
Inc., as Recipient (the “Services Agreement”). 

     

    For the avoidance of
doubt, any migration services, whether based on a change of provider, a change
of application or otherwise, are considered additional services, the terms of
which shall be negotiated in good faith by Provider and Recipient; provided that Provider shall not be required to perform
such migration services, except to the extent that it has available resources
and receives compensation acceptable in its reasonable discretion. 

     

    Vishay Precision
Group, Inc., as Recipient may terminate any Service under this Schedule A by
giving Vishay Intertechnology, Inc., as Provider, at least (30) days’ advance
written notice. 

     

    The parties do not
anticipate total payments under the Transition Services Agreement and this
Schedule A to exceed $300,000 in the first twelve months or $500,000 in the
aggregate. 

     

    

    
    

    Schedule A-1

     

    IT SUPPORT SERVICES FOR CORPORATE WEBSITE, EDI AND
PARTNERS

     

    
      	        	I.	        	Terms and IT services
      provided by Vishay Global Web Services
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	1.	Transition Services for
      Corporate Website
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	        	a.	        	The subject “Corporate Website”
      comprises the relevant web applications and components of the Provider’s
      website which are applicable to the business units transferred to
      Recipient.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	b.	
            	Provider will only provide support for website components and
      applications developed by Provider IT.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	c.	
            	Provider will not be responsible to support any
      modification/enhancement performed by or on behalf of Recipient any time
      after execution of the Services Agreement.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	d.	
            	Provider will provide Corporate Website support services
      (“Corporate Website Services”) for a period, not to exceed 18 months,
      starting on the Distribution Date, subject to extension on the terms set
      forth in the Services Agreement. Upon expiration or termination of the
      Services Agreement, all support for the website and related programs will
      be the sole responsibility of Recipient.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	e.	
            	The
      Corporate Website Services cover 80 man-hours per month of maintenance
      support to include non-core modifications and software bug corrections,
      constituting the Initial Service Level with respect to the Corporate
      Website Services. Provider IT will allocate proper programmer resources
      for the website components turned over to Recipient. Unused hours from the
      previous month will not be carried over to the succeeding month. In the
      event the Initial Service Level (i.e. the budgeted 80 man-hours) is
      exceeded, Recipient will be charged on a time and material basis at the
      Standard Support Rate set forth in Section III.4 of this Schedule
      A-1.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	f.	
            	All
      of Provider’s website custom programs and applications are proprietary to
      Provider and are provided to Recipient for Recipient’s use only. Recipient
      will not copy these programs and will not provide any copy to any third
      party, unless it is needed to support Recipient’s operation as it and
      approved in advance in writing by Provider.

    

     

    18 of 23

     

    

    
    

    
      	
            	
            	
            	2.	Transition Services for EDI
      Services
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	        	a.	        	The subject “EDI Services” comprises the
      electronic data interchange services for FOILS sales operation on
      Recipient’s SAP system hosted in Malvern.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	b.	
            	The
      EDI Services will include operational support, setup of new customers on
      EDI, and setup of new EDI message types.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	c.	
            	The
      EDI Services will not include, and Provider will not be responsible to
      support, any modification or enhancement performed by or on behalf of
      Recipient any time after execution of the Services Agreement.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	d.	
            	Provider will provide EDI Services for a period not to exceed 18
      months, starting on the Distribution Date, subject to extension on the
      terms set forth in the Services Agreement. Upon expiration or termination of the
      Services Agreement, all support for the EDI infrastructure and related
      programs will be the sole responsibility of Recipient.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	e.	
            	The
      EDI Services cover 40 man-hours per month of maintenance support to
      include non-core modifications and software bug corrections, constituting
      the Initial Service Level with respect to the EDI Services. Provider IT
      will allocate proper programmer resources. Unused hours from the previous
      month will not be carried over to the succeeding month. In the event the
      Initial Service Level (i.e. the budgeted 40 man-hours) is exceeded,
      Recipient will be charged on a time and material basis at the Standard
      Support Rate set forth in Section III.4 of this Schedule A-1.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	3. 	Transition Services for
      Partners Services
	
            	
            	
            	
            	
            	
            	  
	
            	
            	
            	
            	a.	
            	The subject
      “Partners” comprises the web SAP-based Internet Transaction Services for
      FOILS sales operation on the Recipient’s SAP system hosted in Malvern.
      “Internet Transaction Services”
      means SAP’s method of extending business applications to a web
      browser.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	b.	
            	Provider will
      provide operational support for the seven transactions currently available
      in Partners (the “Partners Services”). Addition of new transactions other
      that the seven currently available in Partners is not covered in this
      Schedule A.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	c.	
            	The Partners
      Services will not include, and Provider will not be responsible to
      support, any modification or enhancement performed by or on behalf of
      Recipient any time after execution of the Services Agreement. In addition,
      the Partners Services will not include the setup, migration, or
      preparation for any similar Partners implementation other than the
      interface with Recipient’s SAP system.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	d.	
            	Provider will
      provide Partners Services for a period not to exceed 18 months, starting
      on the Distribution Date, subject to extension on the terms set forth in
      the Services Agreement. Upon expiration or termination of the Services
      Agreement, all support for the Partners infrastructure and related
      programs will be the sole responsibility of Recipient.
	
            	
            	
            	
            	
            	
            	 
	        	   	        	        	e.	
            	The Partners
      Services cover 40 man-hours per month of maintenance support to include
      non-core modifications and software bug corrections, constituting the
      Initial Service Level with respect to the Partners Services. Provider IT
      will allocate proper programmer resources. Unused hours from the previous
      month will not be carried over to the succeeding month. In the event the
      Initial Service Level (i.e. the budgeted 40 man-hours) is exceeded,
      Recipient will be charged on a time-and-material basis at the Standard
      Support Rate set forth in Section III.4 of this Schedule
A-1.

    

     

    19 of
23

     

    

    
    

    
      	
            	II.	        	Recipient’s
      Responsibilities
	
            	
            	
            	
            	
            	
            	 
    
	
            	
            	
            	
            	a.	
            	Recipient Marcom will be responsible for concept and content of
      the Recipient’s website.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	b.	
            	Recipient, at its sole cost and expense, shall be responsible
      for the registration and subsequent renewal of its website and Partners
      domain.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	c.	
            	Recipient agrees to adopt a key user support community concept,
      where all issues are first escalated to the assigned Recipient key user
      for verification and resolution.
	
            	
            	
            	
            	
            	
            	 
	        	
            	
            	        	d.	        	Recipient at its sole cost and expense, shall be responsible for
      all operating expenses associated with the operation of all the systems,
      including but not limited to, hardware maintenance, software maintenance,
      communication lines, VAN services and usage charges for EDI mailbox ,
      annual license fees where applicable, system supplies etc. This includes
      the operating expenses during the system setup and testing period after
      execution of the Services Agreement.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	e.	
            	Recipient, at its sole cost and expense, shall be responsible
      for providing necessary secured network access, whether on-site or remote
      access, to allow Provider to perform the services set forth herein.
	
            	
            	
            	
            	
            	
            	 
	
            	III.	
            	Services Fees and
      Costs
	
            	
            	
            	
            	
            	
            	 
    
	
            	
            	
            	1.	Corporate Website
      Services
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	USD
      4,000 per month for the Corporate Website Services plus any out of pocket
      expenses for licenses, equipment, hardware, IT infrastructure additions to
      support additional hardware at Recipient, transportation of hardware to
      Recipient sites, and travel-related costs (if required for Provider
      personnel to travel) if not already paid for directly by Recipient.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	2.	EDI Services
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	USD
      3,200 per month for EDI Services plus any out of pocket expenses for
      licenses, equipment, hardware, IT infrastructure additions to support
      additional hardware at Recipient, transportation of hardware to Recipient
      sites, and travel-related costs (if required for Provider personnel to
      travel) if not already paid for directly by Recipient.
	
            	
            	
            	
            	 
    
	
            	
            	
            	3.	Partners Services
	
            	
            	
            	
            	 
	
            	
            	
            	
            	USD
      3,200 per month for Partners Services plus any out of pocket expenses for
      licenses, equipment, hardware, IT infrastructure additions to support
      additional hardware at Recipient, transportation of hardware to Recipient
      sites, and travel-related costs (if required for Provider personnel to
      travel) if not already paid for directly by Recipient.
	
            	
            	
            	
            	 
    
	
            	
            	
            	4.	Hourly Support
  Rates
	 	 	 	 	 
	 	 	 	 	Standard Website Support
      Rate        – USD 50/hour
	
            	
            	
            	
            	 
	
            	
            	
            	
            	Standard
      EDI/Partners Support Rate – USD 80/hour
	
            	
            	
            	
            	 
	
            	
            	
            	
            	The
      Standard Website Support Rate applies to hours exceeding the Initial
      Service Level for Corporate Website Services as outlined in III.1.
	
            	
            	
            	
            	 
	
            	
            	
            	
            	
              The Standard EDI/Partners Support Rate applies to hours exceeding
      the Initial Service Level for EDI Services and Partners Services as
      outlined in III.2 and III.3 of this Schedule A-1,
      respectively.

            

    

     

    20 of 23

     

    

    
    

    Schedule A-2

     

    IT SUPPORT SERVICES FOR SAP SYSTEMS AND
APPLICATIONS

     

    
      	        	I.	        	Terms and IT services
      provided by Vishay Global Business Applications
      Services
	
            	
            	
            	
            	
            	
            	
            	
            	 
    
	
            	
            	
            	1.	Transition Services for FOILS
      Sales operation on SAP
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	        	a.	        	Provider will provide operating and
      application maintenance support, including non-core modifications and bug
      fixes for FOILS sales operation on SAP system/client co-hosted on the
      platform (all such support, the “SAP Services”). Operational functions
      within the SAP Services include: 
	
            	
            	
            	
            	
            	
            	
            	        	 
	
            	
            	
            	
            	
            	
            	
            	i.	Order
      Management (three selling companies),
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	
            	
            	
            	ii.	Shipping
      (three selling companies), 
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	
            	
            	
            	iii.	Invoicing (three selling companies),
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	
            	
            	
            	iv.	Finished
      Goods Inventory Management (one manufacturing company), 
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	
            	
            	
            	v.	Accounts
      Receivable (three selling companies), 
	
            	
            	
            	
            	
            	
            	
            	
            	 
    
	
            	
            	
            	
            	
            	
            	
            	vi.	General
      Ledger (three selling companies), and
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	
            	
            	
            	vii.	Warehousing,
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	
            	
            	as
      implemented as of the Distribution Date.
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	b.	
            	The SAP Services will be provided during 8 work-hours on 5
      work-days EST for routine work. Emergencies will be attended 24 hours per
      day, 7 days a week, on a reasonable best efforts basis.
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	c.	
            	The SAP Services cover 160 man-hours per month starting from the
      Distribution Date. Provider IT will allocate the respective qualified
      resources for the services, constituting the Initial Service Level with
      respect to the SAP Services. Unused hours from the previous month will not
      be carried over to the succeeding month. In the event the Initial Service
      Level (i.e. the budgeted 160 man-hours) is exceeded, Recipient will be
      charged on a time and material basis at the Standard Support Rate set
      forth in Section III.2 of this Schedule A-2.
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	d.	
            	Any additional out of pocket costs incurred by providing the SAP
      Services will be charged to Recipient. Any costs expected to be above 1000
      USD will be sent to Recipient for approval before. Provider assumes no
      responsibility for service failures due to delayed approvals or
      rejections.
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	e.	
            	Provider will provide the SAP Services for a period, not to exceed
      18 months, starting from the Distribution Date, subject to extension on
      the terms set forth in the Services Agreement. Upon expiration or termination of the
      Services Agreement, Provider will stop all SAP
  services.
	
            	
            	
            	
            	
            	
            	        	
            	
            
	
            	
            	
            	
            	f.	
            	Provider
      will hand over all business data to Recipient in electronic data files
      within no later than one week after expiration or termination of the
      Service Agreement. Recipient shall specify to Provider in writing the
      business data to be archived within 90 days prior to expiration or
      termination of the Services Agreement, whichever comes first. In the
      event Recipient does not so
      specify the business data to be archived within such 90-day period,
      Recipient may alternatively receive upon request a complete database copy
      of the applications listed in Section I.1.g of this Schedule
  A-2.
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	g.	
            	The
      application hosting will include a productive and a test environment on
      non-mirrored IBM servers (ERP instances) and HP servers (warehouse
      instances) in Vishay corporate datacenter. Backup will be done daily.
      Service level parameters are:
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	
            	
            	
            	i.	Annual
      Uptime: 98%
	
            	
            	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	
            	
            	
            	ii.	Recovery
      Time Objective (RTO): 5 work days 
	
            	
            	
            	
            	
            	
            	
            	
            	 
    
	
            	
            	
            	
            	
            	
            	
            	iii.	Recovery
      Point Objective (RPO): 24 hours 

    

     

    21 of 23

     

    

    
    

     

    
      	        	II.	        	Recipient’s
      Responsibilities
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	        	a.	        	Provider will be able to use its own
      licenses to operate the SAP systems for FOILS. Recipient will pay the
      respective license depreciation and maintenance costs on a per user basis.
      Any additional costs that should be incurred by such a solution will also
      be charged to Recipient.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	b.	
            	Recipient will pay any costs for additional third party software
      that is used for the FOILS interim system. This may include, but is not
      limited to, the WSW Speedi consignment package.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	c.	
            	Recipient will provide the specification of the business data to be
      archived to Provider three months before expiration or termination of the
      Services Agreement. The specification has to list the required business
      objects and record formats.
	
            	
            	
            	
            	
            	
            	 
	
            	III.	
            	Services Fees and
      Costs
	
            	
            	
            	
            	
            	
            	  
	
            	
            	
            	1.	SAP
Services
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	a.	
            	USD
      8,000.00 per month for the SAP Services outlined in Section I.1.a.-b of
      this Schedule A-2. 
	
            	
            	
            	
            	
            	
            	  
	
            	
            	
            	
            	b.	
            	USD 7,400.00 per
      month for the SAP Services outlined in Section I.1.g of this Schedule
    A-2.
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	c.	
            	Any time and
      material and out of pocket expenses as outlined in Section I.1.c.-f of
      this Schedule A-2. 
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	d.	
            	USD 47.00 per month for each active user
      in FOILS interim system on the first day of such month. Any third party
      licensing and maintenance costs as outlined in II.a.-b
	
            	
            	
            	
            	
            	
            	  
	
            	
            	
            	2.	Hourly Support
  Rates
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	a.	
            	Standard Support
      Rate: USD 50/hour 
	
            	
            	
            	
            	
            	
            	For purposes of
      this Schedule A-2, the Standard Support Rate applies to hours exceeding
      the Initial Service Level for the SAP Services
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	b.	
            	Development
      support rate USD 80/hour
	
            	
            	
            	
            	
            	
            	The development
      support rate applies to any development not covered by Section I.1.a of
      this Schedule A-2. This includes but is not limited to any major
      application change requests, the migration support to another system
      within the Provider during the term of the Services Agreement, and the
      archiving of the business data created in the FOILS interim
  system.

    

     

    22 of 23

     

    

    
    

    Schedule A-3

    FINANCE SUPPORT SERVICES

     

    
      	        	I.	        	Terms and Finance
      Support Services to be Provided
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	1.	Finance Support
    Services
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	        	a.	        	This Schedule A-3 refers to the
      provision of finance and accounting support from Provider to support the
      closing of SAP Foil for the VPG four selling entities located in US,
      Germany, Israel and Japan (the “Selling Entities”). Provider personnel
      will sit with the Recipient personnel and assist Recipient in closing the
      books for the new companies and in recording all accounts and transactions
      in SAP and otherwise will provide additional financial and accounting
      support services as may be reasonably requested by the Selling Entities
      (the “Finance Support Services”). 
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	
            	b.	
            	Provider will provide Finance Support Services to the Recipient
      until the books of the Selling Entities have been closed for the second
      quarter ending after the Distribution Date.
	
            	
            	
            	
            	
            	
            	 
	
            	II.	
            	Services Fees and
      Costs :
	
            	
            	
            	
            	
            	
            	 
	
            	
            	
            	Provider will provide the Finance Support Services at an average of
      $50 per hour per person, $250 per person for each half-day (i.e. each
      4-hour increment) and $500 per person for each full day (i.e. each 8-hour
      increment), in each case, based upon such person receiving $100,000 in
      annual compensation, working 200 calendar days per year, or as the parties
      may otherwise agree. Recipient will reimburse Provider for reasonable
      business travel expenses incurred by Provider and its personnel in
      connection with the provision of the Finance Support Services. 

    

     

    23 of 23exhibit.htm

    Portions of this exhibit were omitted and filed separately with the
Secretary of the 

    Securities and Exchange Commission pursuant to an application for
confidential treatment 

    filed with the Securities and Exchange Commission pursuant to Rule 24b-2
under the 

    Securities Exchange Act of 1934. Such portions are marked by
[***].

     

     

    FORM OF SUPPLY AGREEMENT

     

    by and
between

     

    Vishay
Advanced Technology, Ltd., 

    an
Israeli company,

     

    as
Supplier

     

    and

     

    Vishay
Dale Electronics, Inc., 

    a
Delaware corporation,

     

    as
Buyer

     

     

    Dated as
of __________, 2010

     

    

    
    

        This SUPPLY AGREEMENT
(this “Agreement”) is made as of __________, 2010 by and
between Vishay Advanced Technology, Ltd., an Israeli company (“Supplier”), and Vishay Dale Electronics, Inc., a
Delaware corporation (“Buyer”). Supplier and Buyer each may be referred to
herein as a “Party” and collectively, as the “Parties”.

     

       WHEREAS, subject to the terms, conditions, commitments
and undertakings herein provided, Supplier is willing to manufacture and sell
those products as set forth on Exhibit A hereto (as the same may be
modified from time to time pursuant to the provisions hereof, the “Products”) to Buyer, and Buyer
desires to purchase the Products from Supplier, in such quantities as Buyer
shall request , as provided in this Agreement;

     

        NOW, THEREFORE, in
consideration of the mutual covenants and agreements herein contained, and for
other good and valuable consideration, the receipt and sufficiency of which are
hereby acknowledged, the Parties, intending to be legally bound, agree as
follows:

     

    ARTICLE
I 

    DEFINITIONS

     

        For purposes of this
Agreement, the following terms shall have the meanings specified in this Article
I:

     

        “Affiliate” means, as applied to any Person, any other
Person that, directly or indirectly, controls, is controlled by, or is under
common control with that Person as of the date on which or at any time during
the period for when such determination is being made. For purposes of this
definition, “control” means the possession, directly or
indirectly, of the power to direct or cause the direction of the management and
policies of such Person, whether through the ownership of voting securities or
other interests, by contract or otherwise, and the terms “controlling” and “controlled” have meanings correlative to the
foregoing.

     

        “Applicable Law” means any applicable law, statute, rule or
regulation of any Governmental
Authority, or any outstanding order, judgment, injunction, ruling or decree by
any Governmental Authority.

     

        “Buyer” has the meaning set forth in the preamble of
this Agreement.

     

        “Confidential Information” means all proprietary, design or operational
information, data or material including, without limitation: (a) specifications,
ideas and concepts for goods and services; (b) manufacturing specifications and
procedures; (c) design drawings and models; (d) materials and material
specifications; (e) quality assurance policies, procedures and specifications;
(f) customer, client, manufacturer and supplier information; (g) computer
software and derivatives thereof relating to design development or manufacture
of goods; (h) training materials and information; (i) inventions, devices, new
developments, methods and processes, whether patentable or unpatentable and
whether or not reduced to practice; (j) all other know-how, methodology,
procedures, techniques and Trade Secrets; (k) proprietary earnings reports and
forecasts; (l) proprietary macro-economic reports and forecasts; (m) proprietary
marketing, advertising and business plans, objectives and strategies; (n)
proprietary general market evaluations and surveys; (o) proprietary financing
and credit-related information; (p) other copyrightable or patented works; (q)
the terms of this Agreement; and (r) all similar and related information in
whatever form; in each case, of one party which has been disclosed by Supplier
or members of its Group on the one hand, or Buyer or members of its Group, on
the other hand, in written, oral (including by recording), electronic, or visual
form to, or otherwise has come into the possession of, the other
Group.

     

    2

     

    

    
    

        “Firm Order” means Buyer’s non-cancelable purchase order
for Products to be purchased by Buyer from Supplier pursuant to this Agreement
for delivery.

     

        “FOB” has the meaning and usage assigned to such
words in the incoterms rules published by the International Chamber of
Commerce.

     

        “Forecast” means, with respect to any relevant period,
a good faith non-binding forecast, based on information available to Buyer at
the time of such forecast (which information, if reduced to writing, shall be
made available to Supplier upon reasonable request), of the Firm Order for each
Product that Buyer expects to deliver to Supplier for each calendar month during
such period.

     

        “Governmental Authority” means any U.S. or non-U.S. federal, state,
local, foreign or international court, arbitration or mediation tribunal,
government, department, commission, board, bureau, agency, official or other
regulatory, administrative or governmental authority.

     

        “Group” means, with respect to any Person, each
Subsidiary of such Person and each other Person that is controlled directly or
indirectly by such Person.

     

        “Intellectual Property” means all domestic and foreign patents and
patent applications, together with any continuations, continuations-in-part or
divisional applications thereof, and all patents issuing thereon (including
reissues, renewals and re-examinations of the foregoing); design patents;
invention disclosures; mask works; all domestic and foreign copyrights, whether
or not registered, together with all copyright applications and registrations
therefor; all domain names, together with any registrations therefor and any
goodwill relating thereto; all domestic and foreign trademarks, service marks,
trade names, and trade dress, in each case together with any applications and
registrations therefor and all goodwill relating thereto; all Trade Secrets,
commercial and technical information, know-how, proprietary or Confidential
Information, including engineering, production and other designs, notebooks,
processes, drawings, specifications, formulae, and technology; computer and
electronic data processing programs and software (object and source code), data
bases and documentation thereof; all inventions (whether or not patented); all
utility models; all registered designs, certificates of invention and all other
intellectual property under the laws of any country throughout the
world.

     

        “Last-Time Buy Order” has the meaning set forth in Section 4.5.

     

        “Liability” means, with respect to any Person, any and
all losses, claims, charges, debts, demands, Actions, causes of action, suits,
damages, obligations, payments, costs and expenses, sums of money, accounts,
reckonings, bonds, specialties, indemnities and similar obligations, exoneration
covenants, obligations under contracts, guarantees, make whole agreements and
similar obligations, and other liabilities and requirements, including all
contractual obligations, whether absolute or contingent, matured or unmatured,
liquidated or unliquidated, accrued or unaccrued, known or unknown, joint or
several, whenever arising, and including those arising under any Applicable Law,
action, threatened or contemplated action (including the costs and expenses of
demands, assessments, judgments, settlements and compromises relating thereto
and attorneys’ fees and any and all costs and expenses, whatsoever reasonably
incurred in investigating, preparing or defending against any such actions or
threatened or contemplated actions) or order of any Governmental Authority or
any award of any arbitrator or mediator of any kind, and those arising under any
contract, in each case, whether or not recorded or reflected or otherwise
disclosed or required to be recorded or reflected or otherwise disclosed, on the
books and records or financial statements of any Person, including any Liability
for taxes.

     

    

    
    

        “Person” (whether or not initially capitalized) means
any corporation, limited liability company, partnership, firm, joint venture,
entity, natural person, trust, estate, unincorporated organization, association,
enterprise, government or political subdivision thereof, or Governmental
Authority.

     

        “Product” has the meaning set forth in the preamble of
this Agreement.

     

        “Product Warranty” has the meaning set forth in Section 6.1(a).

     

        “Raw Materials Cost” means the direct cost of material used in a
finished Product, including the normal quantity of material wasted in the
production process, purchasing costs, inbound freight charges and any applicable
subcontractor charges.

     

        “Six-Month Forecast” means a forward-looking Forecast for a
period of six consecutive calendar months, beginning on July 1 and January 1 of
each calendar year, or, if earlier with respect to any Product, the last day of
the Term for such Product.

     

       “Subsidiary” of any Person means a
corporation or other organization whether incorporated or unincorporated of
which at least a majority of the securities or interests having by the terms
thereof ordinary voting power to elect at least a majority of the board of
directors or others performing similar functions with respect to such
corporation or other organization is directly or indirectly owned or controlled
by such Person or by any one or more of its Subsidiaries, or by such Person and
one or more of its Subsidiaries; provided, however, that no Person that is not
directly or indirectly wholly-owned by any other Person shall be a Subsidiary of
such other Person unless such other Person controls, or has the right, power or
ability to control, that Person.

     

        “Supplier” has the meaning set forth in the preamble of
this Agreement.

     

        “Supplier’s Other Manufacturing
Obligations” means the
manufacturing obligations and commitments of Supplier to Persons other than
Buyer, including Supplier’s Affiliates.

     

        “Specifications” means, with respect to any Product, the
design, composition, dimensions, other physical characteristics, chemical
characteristics, packaging, unit count and trade dress of such
Product.

     

        “Term” has the meaning set forth in Section 7.1.

     

    

    
    

        “Trade Secrets” means information, including a formula,
program, device, method, technique, process or other Confidential Information
that derives independent economic value, actual or potential, from not being
generally known to the public or to other Persons who can obtain economic value
from its disclosure or use and is the subject of efforts that are reasonable,
under the circumstances, to maintain its secrecy.

     

        “Wholly-Owned Subsidiary” of a Person means a Subsidiary of that
Person substantially all of whose voting securities and outstanding equity
interest are owned either directly or indirectly by such Person or one or more
of its Subsidiaries or by such Person and one or more of its
Subsidiaries.

     

        The terms
“herein”, “hereof”, “hereunder” and like terms, unless otherwise specified,
shall be deemed to refer to this Agreement in its entirety and shall not be
limited to any particular section or provision hereof. The term “including” as used herein shall be deemed to mean
“including, but not limited to.” The term “days” shall refer to calendar days unless
specified otherwise. References herein to “Articles”, “Sections” and “Exhibits” shall be deemed to mean Articles, Sections
of and Exhibits to this Agreement unless otherwise specified.

     

    ARTICLE
II

    PURCHASE AND SALE OF
PRODUCTS

     

        SECTION 2.1
Agreement to Purchase and Sell
Products. (a) During the
Term, Supplier hereby agrees to manufacture and sell to Buyer, and Buyer hereby
agrees to purchase and accept from Supplier, such amounts of Products, as from
time to time shall be ordered by Buyer.

     

       (b) All Products to be sold to Buyer pursuant to this Agreement shall be
manufactured by Supplier or an Affiliate of Supplier; provided, however, that Supplier may
subcontract the manufacture of any Product to a manufacturer that is not an
Affiliate of Supplier with Buyer’s prior written consent, which consent shall
not be unreasonably withheld, provided that any such subcontracting
shall not relieve Supplier of its obligations hereunder.

     

        SECTION 2.2
Product Specifications. (a) Supplier shall manufacture all Products
according to the Specifications in effect as of the date of this Agreement, with
such changes or additions to the Specifications of the Products related thereto
as shall be requested by Buyer in accordance with this Section or as otherwise
agreed in writing by the Parties. All other Products shall be manufactured with
such Specifications as the Parties shall agree in writing.

     

        (b) Buyer may request changed or additional
Specifications for any Product by delivering written notice thereof to Supplier
not less than one hundred twenty (120) days in advance of the first Firm Order
for such Product to be supplied with such changed or additional Specifications.
Notwithstanding the foregoing, if additional advance time would reasonably be
required in order to implement the manufacturing processes for production of a
Product with any changed or additional Specifications, and to commence
manufacture and delivery thereof, Supplier shall so notify Buyer, and Supplier
shall not be required to commence delivery of such Product until the passage of
such additional time.

     

        (c) Supplier shall be required to accommodate any
change of, or additions to, the Specifications for any Product, if and only if (i) in Supplier’s good faith judgment, such
changed or additional Specifications would not require Supplier to violate good
manufacturing practice, (ii) the representation and warranty of Buyer deemed
made pursuant to Subsection (e) below is true and correct, and (iii) Buyer
agrees to reimburse Supplier for the incremental costs and expenses incurred by
Supplier in accommodating the changed or additional Specifications, including
the costs of acquiring any new machinery and tooling. For the avoidance of
doubt, such costs and expenses shall be payable by Buyer separately from the
cost of Products at such time or times as Supplier shall request.

     

    

    
    

        (d) Supplier shall notify Buyer in writing within
thirty (30) days of its receipt of any request for changed or additional
Specifications (i) whether Supplier will honor such changed or additional
Specifications, (ii) if Supplier declines to honor such changed or additional
Specifications, the basis therefor and (iii) if applicable, the estimated costs
and expenses that Buyer will be required to reimburse Supplier in respect of the
requested changes or additions, as provided in Subsection (c) above. Buyer shall
notify Supplier in writing within fifteen (15) days after receiving notice of
any required reimbursement whether Buyer agrees to assume such reimbursement
obligation.

     

        (e) By its request for any changed or additional
Specifications for any Product, Buyer shall be deemed to represent and warrant
to Supplier that the manufacture and sale of the Product incorporating Buyer’s
changed or additional Specifications, as a result of such incorporation, will
not and could not reasonably be expected to (i) violate or conflict with any
contract, agreement, arrangement or understanding to which Buyer and/or any of
its Affiliates is a party, including this Agreement and any other contract,
agreement, arrangement or understanding with Supplier and/or its Affiliates,
(ii) infringe on any trademark, service mark, copyright, patent, trade secret or
other intellectual property rights of any Person, or (iii) violate any
Applicable Law. Buyer shall indemnify and hold Supplier and its Affiliates
harmless (including with respect to reasonable attorneys’ fees and
disbursements) from any breach of this representation and warranty.

     

       SECTION 2.3 New
Products.
If Buyer shall request in writing that Supplier manufacture and sell to Buyer an
item that is not at the time a Product, Supplier shall consider such request in
good faith, giving due consideration to Supplier’s available manufacturing
capacity, Supplier’s Other Manufacturing Obligations, existing know-how,
technical feasibility, cost, profitability and other relevant factors. Supplier
shall inform Buyer within a reasonable time of Supplier’s determination in
principle whether to manufacture such Product, and if Supplier has determined
not to manufacture such Product, the reasons therefor. If Supplier shall inform
Buyer that it is willing in principle to manufacture and sell such Product,
Buyer and Supplier shall negotiate in good faith with respect to the terms of
such manufacture and sale, including pricing and the Exhibits to this Agreement
shall be modified accordingly; provided, however, that neither Party shall be
bound with respect to the manufacture and sale of any such Product unless the
Parties shall have so agreed in writing.

     

       SECTION 2.4 Supplier’s Supply
Obligations. Supplier shall be obligated to manufacture and sell Products to Buyer,
in accordance with Buyer’s Firm Orders, to the extent of Supplier’s then
existing manufacturing capacity, taking into account Supplier’s Other
Manufacturing Obligations; provided, however, the Supplier shall give
equal priority to the orders of Buyer, on the one hand, and Supplier’s Other
Manufacturing Obligations, on the other.

     

    

    
    

        SECTION 2.5
Product Changes. Supplier shall communicate any change in the
Specifications for any Product or its manufacture in accordance with Supplier’s
product change notification process. Buyer shall be deemed to have accepted such
change unless, within thirty (30) days after receipt of notice from Supplier,
Buyer informs Supplier that such change is not acceptable. If Buyer informs
Supplier that such change is not acceptable, Supplier may by notice to Buyer
either (x) continue to supply the Product in accordance with the original
Specifications and manufacturing procedures or (y) terminate this Agreement with
respect to such Product on a date specified by Supplier in a notice of
termination, which date shall not be earlier than the earlier of (I) one (1)
year from the date of Buyer’s information that it does not accept the change
proposed by Supplier and (II) if such notice of termination is delivered more
than ninety (90) days before the end of the then current Term, the end of such
Term; subject to the right of the Buyer to submit a Last-Time Buy Order in
accordance with Section 4.5.

     

        SECTION 2.6
Product Discontinuation. At any time Supplier may notify Buyer that
Supplier is discontinuing the manufacture and sale of a Product. Such
discontinuation shall take effect on a date specified by Supplier in a notice of
discontinuation, which date shall not be earlier than one (1) year from the date
of the notice of discontinuation; subject to the right of the Buyer to submit a
Last-Time Buy Order in accordance with Section 4.5.

     

        SECTION 2.7
Consultation and Support. At either Party’s reasonable request, the
Parties shall meet and discuss the nature, quality and level of supply services
contemplated by this Agreement. In addition, Supplier will make available on a
commercially reasonable basis and at commercially reasonable times qualified
personnel to provide knowledgeable support service with respect to the Products.
The Parties shall negotiate in good faith with respect to any fees and other
charges incurred by Supplier in providing other than routine product
support.

     

    ARTICLE
III 

    FORECASTS

     

        SECTION 3.1
Forecasts. (a) As soon as possible, but in no event
later than thirty (30) days following the distribution of shares of common stock
of Vishay Precision Group, Inc. (“VPG”) to the shareholders of Vishay
Intertechnology, Inc. (“Vishay Intertechnology”) under that certain Master
Separation and Distribution Agreement between Vishay Intertechnology and VPG
(the “Master Separation Agreement”), Buyer shall provide to Supplier an initial
Forecast for the period ending on December 31, 2010. Beginning on December 1,
2010, and thereafter, on May 31 and December 1 of each calendar year, Buyer
shall provide to Supplier a Six-Month Forecast for the 6-month period beginning
on the immediately following July 1 and January 1, respectively.

     

        (b) If it is commercially impracticable for Buyer
to deliver a Six-Month Forecast for a particular Product, Buyer shall deliver
Forecasts to Supplier at such intervals and for such periods as reasonable under
the circumstances, and Supplier shall in good faith consider such Forecasts
delivered by Buyer.

     

        (c) Supplier shall use all Forecasts delivered by
Buyer under this Agreement for capacity and raw material planning purposes only,
and such Forecasts will not constitute a commitment of any type by Buyer to
purchase any Product.

     

    

    
    

        SECTION 3.2
Forecasts in Excess of
Capacity. Upon receipt of
each Forecast, Supplier shall determine whether it will have the capacity to
manufacture and sell to Buyer the Products in the forecasted amounts. If
Supplier determines that it will not have the capacity to manufacture and
deliver any Product to Buyer as forecasted, Supplier shall so notify Buyer as
promptly as practicable. Supplier and Buyer shall thereafter negotiate in good
faith in order to match Supplier’s manufacturing capacity with Buyer’s
requirements for the specified Product, such as by advancing or deferring the
delivery of the Product to other periods. In the event that Supplier and Buyer
shall agree to accommodate Buyer’s forecasted requirements in a manner that will
require the expenditure by Supplier of unbudgeted costs and expenses in addition
to the costs and expenses that Supplier would otherwise be required to expend in
order to fulfill its obligations under this Agreement, Buyer shall be obligated
to reimburse Supplier for such costs and expenses as have actually been expended
by Supplier, notwithstanding that the manufacture and sale of Products in
accordance with the Firm Orders subsequently delivered by Buyer for the relevant
periods do not require such expenditure.

     

       SECTION 3.3 Firm Orders in Excess of
Forecasts. In the event that the Firm Order for any Product shall exceed the
Forecast contained in the most recent prior Forecast for such Product (as such
Forecast may have been modified by agreement of the Parties in the manner
contemplated in Section
3.2; such
excess being referred to as the “Excess
Order”),
Supplier shall notify Buyer, as promptly as reasonably practicable after receipt
of such Firm Order, whether Supplier has sufficient available capacity to
accommodate the Excess Order, taking into consideration Supplier’s manufacturing
capacity for such Product and Supplier’s Other Manufacturing Obligations. If
Supplier shall not have sufficient available capacity to accommodate the Excess
Order, Supplier and Buyer shall negotiate in good faith in order to match
Supplier’s available manufacturing capacity with Buyer’s requirements for the
specified Product, such as by advancing or deferring the delivery of the Product
to other periods.

     

    ARTICLE
IV 

    ORDERS AND PAYMENT

     

        SECTION 4.1
Purchase Orders. (a) Buyer may place a Firm Order for the
Products with Supplier at any time and from time to time.

     

        (b) Each Firm Order shall specify (i) number of
units of the Product to be purchased and (ii) the requested delivery date,
provided that Buyer shall request a delivery date with a lead delivery time that
is customary for the particular Product, unless otherwise agreed upon by the
Parties. Supplier agrees to provide Buyer prompt notice if it knows it cannot
meet a requested delivery date.

     

        (c) If Buyer requires a Product on an emergency
basis and so informs Supplier, and Supplier has the Product available in its
uncommitted inventory, Supplier agrees to use reasonable commercial efforts to
fill the emergency order as promptly as practicable. Buyer agrees to pay
reasonable incremental expenses related to any emergency order.

     

        SECTION 4.2
Shipment.

     

        (a) Products will be shipped by Supplier to Buyer
FOB shipping point.

     

    

    
    

        (b) Supplier shall package all Products so as to
protect them from loss or damage during shipment, in conformity with good
commercial practice, the Specifications and Applicable Law. Buyer shall be
responsible, at its own cost and expense, for the shipment (including, among
other fees, costs and expenses, transit and casualty insurance and third party
fees) of all processed materials by Buyer. Supplier shall cooperate with Buyer
in assembling and coordinating shipments, as reasonably requested by
Buyer.

     

        (c) For the avoidance of doubt, title to and risk
of loss or damage will pass to Buyer upon Buyer’s pick up for transfer of the
Products ordered.

     

        SECTION 4.3
Prices. Pricing for the Products shall be as set
forth on Exhibit A, as such Exhibit may be modified from time to
time by agreement of the Parties. At least thirty (30) days prior to the
beginning of each calendar year, the parties shall negotiate in good faith
changes to the pricing of the Products to be applicable in the ensuing year.
Such pricing shall take into account changes in the cost of manufacturing the
Products, including labor, manufacturing, utility and other direct costs, and
other ascertainable market inputs. If the Parties cannot in good faith agree on
pricing for the Products, until such time as the Parties do so agree, Supplier
shall have no obligation to honor any Firm Orders submitted by Buyer to the
extent that such Firm Orders are placed following expiration of the then current
calendar year.

     

        SECTION 4.4
Payment Terms. Unless otherwise agreed to by the Parties in
writing, Buyer shall make payment separately for each Firm Order. Buyer shall
pay the net amount of all invoice amounts within sixty (60) days of the date of
Supplier’s invoice unless the terms of Supplier’s invoice permits later payment
or allows for prepayment with a discount. Invoices shall not be sent earlier
than the date on which the Products related thereto are delivered to
Buyer.

     

        SECTION 4.5
Last-Time Buy Order.

     

       (a) Buyer shall have a right to place a written last-time Firm Order for a
Product (a “Last-Time Buy
Order”)
if (i) Supplier delivers to Buyer notice of its intention not to renew the Term
pursuant to Section
7.2; (ii)
Supplier terminates this Agreement in respect of such Product in connection with
Buyer’s choice not to accept a change in such Product under Section
2.5;
(iii) Supplier delivers to Buyer a notice of discontinuation of such Product; or
(iv) Buyer terminates this Agreement in connection with a material breach by
Supplier pursuant to Section
7.3. The
right of the Buyer to submit a Last-Time Buy Order shall entitle Buyer to
purchase the Products at the price in effect for the products as of the time of
Buyer’s exercise of such right.

     

        (b) A Last-Time Buy Order shall specify (i) number
of units of the Product to be purchased and (ii) the requested delivery date or
dates for such units. If Supplier informs Buyer that it cannot honor the
requested delivery dates because of capacity restraints or otherwise, the
Parties shall negotiate in good faith with respect to delivery dates mutually
acceptable to Supplier and Buyer.

     

        (c) The Parties hereby agree to use commercially
reasonable efforts to coordinate forecasting and ordering during the period
between the date the Last-Time Buy Order is delivered to Supplier and the final
delivery date to allow for regular supply of Products during such
period.

     

    

    
    

    ARTICLE
V 

    CONFIDENTIALITY

     

       SECTION 5.1 Supplier and Buyer shall hold and shall
cause each of their respective affiliates, directors, officers, employees,
agents, consultants, advisors and other representatives to hold, in strict
confidence and not to disclose or release without the prior written consent of
the other party, any and all proprietary or confidential information, material
or data of the other party that comes into its possession in connection with the
performance by the parties of their rights and obligations under this Agreement.
The provisions of Section 4.5 of the Master Separation Agreement shall
govern, mutatis
mutandis,
the confidentiality obligations of the parties under this
Section.

     

    ARTICLE
VI

    PRODUCT WARRANTY; LIMITATION OF
LIABILITY

     

       SECTION 6.1 Product Warranty;
Merchantability Warranty. (a) Supplier warrants to
Buyer that the Products shall, at the time of delivery to Buyer in accordance
with Section
4.2: (i)
conform to the Specifications therefor, as provided in Section
2.2; (ii)
be free from material defects; and (iii) be manufactured in accordance with good
manufacturing practice and Applicable Law (such warranty being referred to as
the “Product
Warranty”).

     

        (b) EXCEPT AS
SPECIFICALLY PROVIDED IN THIS AGREEMENT, NO WARRANTIES, OTHER THAN THE PRODUCT
WARRANTY, ARE EXPRESSED OR IMPLIED IN RESPECT OF THE PRODUCTS, INCLUDING ANY
IMPLIED WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR
PURPOSE.

     

        SECTION 6.2
Defective or Non-Conforming
Products. (a) Claims by
Buyer relating to the quantity of or damage to any Product or the failure of any
Product to conform to its Specifications must be made within one (1) year of
receipt of such Product and must be in writing, specifying in reasonable detail
the nature and basis of the claim and citing relevant control or lot numbers or
other information to enable identification of the Product in question.
Supplier’s Liability to Buyer for damages for any such claim shall be limited to
a refund for the price of the defective Product plus shipping costs or, at
Buyer’s option, prompt replacement thereof with a Product that complies with the
Product Warranty. Such refund and shipping costs or a replacement shall
constitute Supplier’s sole and exclusive Liability for such claims. For the
avoidance of doubt, nothing shall limit the obligations of Supplier to Buyer in
respect of third party claims against Buyer arising from the failure of any
Product to conform to its Specifications.

     

        (b) Any notifications to either Party pursuant to
this Section 6.2 shall be subject to the confidentiality
provisions of Article V above.

     

        SECTION 6.3
Indemnification. (a) Subject to Section 6.4, Supplier shall indemnify and hold Buyer
harmless from and against any Liability, including reasonable attorney’s fees
and disbursements, arising out of any third party claim for death, injury or
damage to property resulting from (i) Supplier’s breach of this Agreement; or
(ii) any claim that a Product purchased from Supplier infringes any intellectual
property right of a third party.

     

    

    
    

       (b) Buyer shall indemnify and hold harmless Supplier from and against any
Liability, including reasonable attorneys’ fees and disbursements, arising out
of any third party claim for death, injury or damage to property resulting from
use of any of the Products based upon (i) Buyer’s breach of this Agreement; or
(ii) any change in condition of the Products caused by Buyer other than any
change in Specifications requested by Supplier and deemed accepted by Buyer
under Section
2.5.

     

       (c) Any Party seeking indemnification pursuant to this Section 6.3
shall promptly notify
the other Party of the claim as to which indemnification is sought, shall afford
the other Party, at the other Party’s sole expense, the opportunity to defend or
settle the claim (in which case the indemnifying Party shall not be responsible
for the attorneys’ fees of the indemnified Party with respect such claim) and
shall cooperate to the extent reasonably requested by the other Party in the
investigation and defense of such claim; provided, however, that any settlement of any
such claim that would adversely affect the rights of the indemnified Party shall
require the written approval of such indemnified Party; and provided further that an indemnified Party
shall not settle any such claim without the written approval of the indemnifying
Party.

     

        (d) The foregoing indemnification obligations
shall survive any termination or expiration of this Agreement, in whole or in
part, or the expiration or termination of the Term.

     

        SECTION 6.4
Limitation of Liability. In no event shall any Party be liable for
any special, consequential, indirect, collateral, incidental or punitive damages
or lost profits or failure to realize expected savings or other commercial or
economic loss of any kind, arising out of any breach of this Agreement,
including breach of the Product Warranty, or any other obligations of any Party
hereunder, or any use of the Products, and each Party hereby knowingly and
expressly waives any claims or rights with respect thereto; provided, however, that in the event a Party is required to pay
to a third-party claimant any special, consequential, indirect, collateral,
incidental or punitive damages or lost profits or failure to realize expected
savings or other commercial or economic loss on any claim with respect to which
such Party is indemnified by the other Party pursuant to this Agreement, such
Party shall be entitled to indemnification from the other Party with respect to
such third-party special, consequential, indirect, collateral, incidental or
punitive damages or lost profits or failure to realize expected savings or other
commercial or economic loss to the extent resulting from the indemnifiable acts
or omissions of the other Party.

     

        SECTION 6.5
Insurance. Each of the Parties shall maintain general
liability insurance covering their activities under this Agreement in accordance
with prudent and customary commercial practices, in such amounts as shall be
agreed upon from time to time by the Parties.

     

    ARTICLE
VII

    TERM OF AGREEMENT; RENEWAL TERM;
TERMINATION

     

        SECTION 7.1
Term of Agreement. Unless earlier terminated pursuant to
Section 7.3, the term of this Agreement shall be
perpetual.

     

    

    
    

        SECTION 7.2
Termination. Either Party may terminate this Agreement at
any time upon prior written notice to the other at least one (1) year prior to
the requested date of termination.

     

       SECTION 7.3 Rights Upon
Termination. Following a termination of this Agreement, all further rights and
obligations of the Parties under this Agreement shall terminate. Notwithstanding the
foregoing, the termination of this Agreement shall not affect the rights and
obligations of the Parties arising prior to such expiration or termination;
and provided further that the Parties shall not be
relieved of (i) their respective obligations to pay monies due or which become
due as of or subsequent to the date of expiration or termination, and (ii) any
other respective obligations under this Agreement which specifically survive or
are to be performed after the date of such expiration or termination, including
the provisions of Article V and 6.3. Any Firm Order, including a
Last-Time Buy Order, submitted prior to the expiration or termination of this
Agreement shall be filled by Supplier pursuant to the terms hereof even if the
delivery date is after expiration or termination.

     

    ARTICLE
VIII 

    DISPUTE RESOLUTION

     

       SECTION 8.1 The terms and provisions of Article VIII of
the Master Separation Agreement relating to the procedures for resolution of any
disputes between the parties, shall apply to all disputes, controversies or
claims (whether sounding in contract, tort or otherwise) that may arise out of
or relate to or arise under or in connection with this Agreement, or the
transactions contemplated hereby, mutatis
mutandis.

     

    ARTICLE
IX 

    MISCELLANEOUS

     

        SECTION
9.1 Assignment. This Agreement and the
rights and obligations of a Party hereunder shall be assignable or delegable, in
whole or in part, (i) by Supplier without the consent of Buyer, to a
Wholly-Owned Subsidiary of Supplier that succeeds to the conduct of the foil
resistor business responsible for supplying the Products; (ii) by Buyer without
the consent of Supplier, to a Wholly-Owned Subsidiary of Buyer; or (iii) by
either Party, to any Person who is not a Wholly-Owned Subsidiary of a Party only
with the prior written consent of the other Party; provided, however, that no such assignment
shall relieve the assigning Party of Liability for its obligations hereunder.
The following actions shall not be deemed an assignment of this Agreement: (1) assignment or
transfer of the stock of a Party, including by way of a merger, consolidation,
or other form of reorganization in which outstanding shares of a Party are
exchanged for securities, or (2) any transaction effected primarily for the
purpose of (A) changing a Party’s state of incorporation or (B) reorganizing a
Party into a holding company structure such that, as a result of any such
transaction, such Party becomes a Wholly-Owned Subsidiary of a holding company
owned by the holders of such Party’s securities immediately prior to such
transaction. Any attempted assignment other than as provided herein shall be
void. The provisions of this Agreement shall be binding upon, and shall inure to
the benefit of, the successors and permitted assigns of the
Parties.

     

    

    
    

       SECTION 9.2 Force
Majeure.
The Parties shall not be liable for the failure or delay in performing any
obligation under this Agreement (except pursuant to Section
7.4) if
and to the extent such failure or delay is due to (i) acts of God; (ii) weather,
fire or explosion; (iii) war, invasion, riot or other civil unrest; (iv)
governmental laws, orders, restrictions, actions, embargoes or blockages; (v)
action by any regulatory authority which prohibits the manufacture, sale or
distribution of the Products, except to the extent due to Supplier’s breach of
its obligations hereunder; (vi) regional, national or foreign emergency; (vii)
injunction, strikes, lockouts, labor trouble or other industrial disturbances;
(viii) shortage of adequate fuel, power, materials, or transportation
facilities; or (ix) any other event which is beyond the reasonable control of
the affected Party; provided, however, that the Party affected
shall promptly notify the other Party of the force majeure condition and shall
exert its reasonable commercial efforts to eliminate, cure or overcome any such
causes and to resume performance of its obligations as soon as
possible.

     

        SECTION 9.3
Intellectual Property. All Intellectual Property owned or created
by a Party shall remain its sole and exclusive property, and the other Party
shall not acquire any rights therein by reason of this Agreement.

     

        SECTION 9.4
Entire Agreement. This Agreement and the Exhibits hereto
constitute the entire agreement between the Parties with respect to the subject
matter hereof and thereof and supersede all previous agreements, negotiations,
discussions, understandings, writings, commitments and conversations between the
parties with respect to such subject matter. No agreements or understandings
exist between the parties other than those set forth or referred to herein or
therein. If any provision of this Agreement or the application thereof to any
Party or circumstance shall be declared void, illegal or unenforceable, the
remainder of this Agreement shall be valid and enforceable to the extent
permitted by Applicable Law. In such event, the Parties shall use their best
efforts to replace the invalid or unenforceable provision with a provision that,
to the extent permitted by Applicable Law, achieves the purposes intended under
the invalid or unenforceable provision.

     

        SECTION 9.5
Governing Law. This Agreement and the legal relations
between the parties shall be governed by and construed in accordance with the
laws of the State of New York, without regard to the conflict of laws rules
thereof to the extent such rules would require the application of the law of
another jurisdiction.

     

       SECTION 9.6 Consent to
Jurisdiction. Subject to the provisions of Article
VIII,
each of the Parties irrevocably submits to the jurisdiction of the federal and
state courts located in Philadelphia, Pennsylvania and the City of New York,
Borough of Manhattan for the purposes of any suit, action or other proceeding to
compel arbitration, for the enforcement of any arbitration award or for specific
performance or other equitable relief pursuant to Section
9.16.
Each of the parties further agrees that service of process, summons or other
document by U.S. registered mail to such parties address as provided in
Section 9.10
shall be effective
service of process for any action, suit or other proceeding with respect to any
matters for which it has submitted to jurisdiction pursuant to this Section
9.6. Each
of the parties irrevocably waives any objection to venue in the federal and
state courts located in Philadelphia, Pennsylvania and the City of New York,
Borough of Manhattan of any action, suit or proceeding arising out of this
Agreement or the transactions contemplated hereby for which it has submitted to
jurisdiction pursuant to this Section
9.6, and waives
any claim that any such action, suit or proceeding brought in any such court has
been brought in an inconvenient forum.

     

    

    
    

        SECTION 9.7
Independent Contractor. Nothing contained in this Agreement shall
constitute a Party as a partner, employee or agent of the other Party, nor shall
any Party hold itself out as such. Neither Party shall have the right or
authority to incur, assume or create, in writing or otherwise, any warranty,
Liability or other obligation of any kind, express or implied, in the name or on
behalf of the other Party, and each Party is and shall remain an independent
contractor, responsible for its own actions. Except as otherwise explicitly
provided herein, each Party shall be responsible for its own expenses incidental
to its performance of this Agreement.

     

        SECTION 9.8
Set-Off. The obligation of Buyer to pay the purchase
price for Products shall be unconditional, except as provided in this Agreement,
and shall not be subject to any defense, setoff, counterclaim or similar right
against Supplier or any of its Affiliates that could be asserted by Buyer or any
of its Affiliates under any other contract, agreement, arrangement or
understanding or otherwise under Applicable Law.

     

        SECTION 9.9
Waivers. No claim or right arising out of or relating
to a breach of any provision of this Agreement can be discharged in whole or in
part by a waiver or renunciation of the claim or right unless the waiver or
renunciation is supported by consideration and is in writing signed by the
aggrieved Party. Any failure by any Party to enforce at any time any provision
under this Agreement shall not be considered a waiver of that Party’s right
thereafter to enforce each and every provision of this Agreement.

     

        SECTION 9.10
Notices. All notices, demands and other
communications required to be given to a Party hereunder shall be in writing and
shall be deemed to have been duly given if personally delivered, sent by a
nationally recognized overnight courier, transmitted by facsimile, or mailed by
registered or certified mail (postage prepaid, return receipt requested) to such
Party at the relevant street address or facsimile number set forth below (or at
such other street address or facsimile number as such Party may designate from
time to time by written notice in accordance with this provision):

     

        If to Supplier,
to:

     

        Vishay Advanced
Technology, Ltd. 

        c/o Vishay Precision
Group, Inc. 

        3 Great Valley
Parkway 

        Malvern, PA
19355-1307 

        Attention: William M.
Clancy 

        Telephone:
484-321-5300 

        Facsimile:
484-321-5300

     

        with a copy
to:

     

        Pepper Hamilton LLP

        3000 Two Logan Square

        Eighteenth and Arch
Streets

     

    

    
    

        Philadelphia,
Pennsylvania 19103-2799 

        Attention: Barry
Abelson, Esq. 

        Telephone:
215-981-4000 

        Facsimile:
215-981-4750

     

        If to Buyer,
to:

     

        Vishay Dale
Electronics, Inc. 

        c/o Vishay
Intertechnology, Inc. 

        63 Lancaster Avenue

        Malvern, PA
19355-2120 

        Attention: Dr. Lior
E. Yahalomi 

        Telephone:
610-644-1300 

        Facsimile:
610-889-2161

     

        with a copy
to:

     

        Kramer Levin Naftalis
& Frankel LLP 

        1177 Avenue of the
Americas 

        New York, NY 10036

        Attention: Ernest S.
Wechsler, Esq. 

        Telephone:
212-715-9100 

        Facsimile:
212-715-8000

     

    Any notice, demand or
other communication hereunder shall be deemed given upon the first to occur of:
(i) the fifth (5th) day after deposit thereof, postage prepaid
and addressed correctly, in a receptacle under the control of the United States
Postal Service; (ii) transmittal by facsimile transmission to a receiver or
other device under the control of the party to whom notice is being given; (iii)
actual delivery to or receipt by the party to whom notice is being given or an
employee or agent thereof; or (iv) one (1) day after delivery to an overnight
carrier.

     

        SECTION 9.11
Headings. The headings contained herein are included
for convenience of reference only and do not constitute a part of this
Agreement.

     

        SECTION 9.12
Counterparts. This Agreement may be executed in one or
more counterparts, each of which when so executed and delivered or transmitted
by facsimile, e-mail or other electronic means, shall be deemed to be an
original and all of which taken together shall constitute but one and the same
instrument. A facsimile or electronic signature is deemed an original signature
for all purposes under this Agreement.

     

        SECTION 9.13
Severability. If any provision of this Agreement or the
application thereof to any Person or circumstance is determined by a court of
competent jurisdiction to be invalid, void or unenforceable, the remaining
provisions hereof, or the application of such provision to Persons or
circumstances or in jurisdictions other than those as to which it has been held
invalid or unenforceable, shall remain in full force and effect and shall in no
way be affected, impaired or invalidated thereby, so long as the economic or
legal substance of the transactions contemplated hereby is not affected in any
manner adverse to any party. Upon such determination, the Parties shall
negotiate in good faith in an effort to agree upon such a suitable and equitable
provision to effect the original intent of the Parties.

     

    

    
    

        SECTION 9.14
Waiver of Default. (a) Any term or provision of this Agreement
may be waived, or the time for its performance may be extended, by the party or
the parties entitled to the benefit thereof. Any such waiver shall be validly
and sufficiently given for the purposes of this Agreement if, as to any party,
it is in writing signed by an authorized representative of such
party.

     

        (b) Waiver by any party of any default by the
other party of any provision of this Agreement shall not be construed to be a
waiver by the waiving party of any subsequent or other default, nor shall it in
any way affect the validity of this Agreement or any party hereof or prejudice
the rights of the other party thereafter to enforce each and ever such
provision. No failure or delay by any party in exercising any right, power or
privilege hereunder shall operate as a waiver thereof nor shall any single or
partial exercise thereof preclude any other or further exercise thereof or the
exercise of any other right, power or privilege.

     

        SECTION 9.15
Amendments. No provisions of this Agreement shall be
deemed amended, modified or supplemented by any Party, unless such amendment,
supplement or modification is in writing and signed by the authorized
representative of the Party against whom it is sought to enforce such amendment,
supplement or modification.

     

        SECTION 9.16
Specific Performance. The Parties agree that the remedy at law for
any breach of this Agreement may be inadequate, and that, as between Supplier
and Buyer, any Party by whom this Agreement is enforceable shall be entitled to
seek temporary, preliminary or permanent injunctive or other equitable relief
with respect to the specific enforcement or performance of this Agreement. Such
Party may, in its sole discretion, apply to a court of competent jurisdiction
for such injunctive or other equitable relief as such court may deem just and
proper in order to enforce this Agreement as between Supplier and Buyer, or the
members of their respective Groups, or prevent any violation hereof, and, to the
extent permitted by Applicable Law, as between Supplier and Buyer, each Party
waives any objection to the imposition of such relief.

     

        SECTION 9.17
Waiver of jury trial. Subject to Article VIII, each of the Parties
hereby waives to the fullest extent permitted by Applicable Law any right it may
have to a trial by jury with respect to any court proceeding directly or
indirectly arising out of and permitted under or in connection with this
Agreement or the transactions contemplated hereby. Each of the Parties hereby
(a) certifies that no representative, agent or attorney of any other party has
represented, expressly or otherwise, that such other party would not, in the
event of litigation, seek to enforce the foregoing waiver and (b) acknowledges
that it has been induced to enter into this agreement and the transactions
contemplated by this agreement, as applicable, by, among other things, the
mutual waivers and certifications in this Section 9.17.

     

    [SIGNATURE PAGE FOLLOWS]

     

    

    
    

        IN WITNESS WHEREOF,
the Parties have caused this Agreement to be executed by their respective duly
authorized representatives as of the date first written above.

     

    
      	
            	SUPPLIER:
	
            	
            	 
	
            	
            	 
	
            	
            	 
	
            	By:	 
	
            	
            	Name:
	
            	
            	Title:
	
            	
            	  
	
            	
            	  
	
            	
            	 
	
            	
            	 
	
            	BUYER:
	
            	
            	  
	
            	
            	  
	
            	
            	  
	
            	By:	 
	
            	 	Name:
	
            	
            	Title:

    

    

    
    

    EXHIBIT A

     

    
      	
            	      	
            	      	
            	      	 	      	PRICE PER	      	MINIMUM
	 	
            	
            	
            	
            	
            	
            	 	PRODUCT	
            	ORDER
	
            	 	TYPE	 	DESCRIPTION	 	TOLERANCE	
            	(USD)	 	QUANTITY
	
            	
            	[***]	
            	[***]	
            	[***]	
            	[***]	
            	[***]
	  
	  
	[***]	
            	
            	
            	
            	
            	
            	
            	
            	
            	
            

    

    Portions of this exhibit
were omitted and filed separately
with the Secretary of the Securities
and Exchange Commission

    pursuant to an application
for confidential
treatment filed with the
Securities
and Exchange Commission
pursuant to

    Rule 24b-2 under
the Securities
Exchange Act of 1934.
Such portions are marked by
[***].

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