Document:

Exhibit 10.57.4

LETTER WAIVER

Dated as of December 8, 2006

To the banks and other
financial institutions

or entities (collectively, the “Purchasers”)

party to the Purchase Agreement

referred to below and to Deutsche Bank AG,

New York Branch, as administrative agent (the

“Administrative Agent”) for the Purchasers

Ladies and Gentlemen:

We
refer to the Revolving Trade Receivables Purchase Agreement, dated as of
September 23, 2005, among Sanmina-SCI Magyarorszag Elektronikai Gyarto Kft and
Sanmina-SCI Systems de Mexico, S.A. de C.V., as originators, Sanmina-SCI
Corporation (“Sanmina-SCI”) and Sanmina-SCI UK Ltd., as servicers, the
Purchasers from time to time party thereto and the Administrative Agent, as
amended and restated by the Amended and Restated Revolving Trade Receivables
Purchase Agreement, dated as of September 26, 2006, among Sanmina-SCI
Magyarorszag Elektronikai Gyarto Kft and Sanmina-SCI Systems de Mexico, S.A. de
C.V., as originators, Sanmina-SCI and Sanmina- SCI UK Ltd., as servicers, the
Purchasers from time to time party thereto, and the Administrative Agent (as so
amended, the “Purchase Agreement”).  Capitalized terms not otherwise defined in
this Letter Waiver have the same meanings as specified in the Purchase
Agreement.

Section
5.1(a) of the Purchase Agreement requires that the Originators and Servicers
deliver to the Administrative Agent “as soon as available, but in any event not
later than 90 days after the end of each fiscal year of Sanmina-SCI, a copy of
the audited consolidated balance sheet of Sanmina-SCI and its consolidated
subsidiaries as at the end of such year and the related audited statements of
income and of cash flows for such year, setting forth in each case in
comparative form the figures for the previous year, reported on without a “going
concern” or like qualification or exception, or qualification arising out of
the scope of the audit, by KPMG LLP, or other independent registered public
accountants of recognized international standing and without any limitation or
qualification on the certification of internal controls required under the SEC
rules” (collectively, the “Annual Financial Statements”).

We
may be unable to deliver the Annual Financial Statements for the fiscal year
ended September 30, 2006 within the 90 day period required under Section
5.1(a).  Such failure to the deliver such
Annual Financial Statements within the required period will constitute an
Incipient Termination Event under the Purchase Agreement.  This Letter Waiver shall constitute notice of such
Incipient Termination Event, should such Incipient Termination Event occur,
pursuant to Section 5.6(a) and 6.3(b) of the Purchase Agreement.

Section
7(b) of the Purchase Agreement provides for a Termination Event under the
Purchase Agreement if, among other things, any Originator or any Servicer shall
default in the observance or performance of any agreement or condition relating
to Indebtedness in the

 

aggregate outstanding
principal amount of more than $45,000,000 or contained in any instrument or agreement
evidencing, securing or relating thereto, or any other event shall occur or
condition exist, the effect of which default or other event or condition is to
cause, or permit the holder or beneficiary of such Indebtedness to cause, with
the giving of notice if required, such Indebtedness to become due prior to its
stated maturity or to become payable. Should Sanmina-SCI fail to timely file
its Annual Report on Form 10-K for the fiscal year ended September 30, 2006, we
have been advised that it is a possibility that the trustees in respect of, or
the holders of, the 8.125% Senior Subordinated Notes due 2016 issued by
Sanmina-SCI and the 6.75% Senior Subordinated Notes due 2013 issued by
Sanmina-SCI (collectively, the “Senior Subordinated Notes”) may notify
us, in accordance with the respective terms thereof that such failure
constitutes a default thereunder and will become an event of default if not
cured or waived within the applicable grace period, at which time they may
declare such Indebtedness due and payable as a consequence of such failure.

We
hereby request that you waive the requirements of Section 5.1(a) and Section
7(e) of the Purchase Agreement, solely for the period commencing on the date
first above written through the later to occur of (i) January 10, 2007 and (ii)
the earlier of (A) March 31, 2007 and (B) if the required date of delivery of
the financial statements for Sanmina-SCI’s fiscal year ended September 30, 2006
under the Senior Subordinated Notes has been extended (by waiver or otherwise)
beyond January 10, 2007, the third Business Day preceeding the required date of
delivery beyond January 10, 2007 for such financial statements as provided in
the initial extension thereof by the respective holders of such Senior
Subordinated Notes (the “Waiver Termination Date”), and solely with
respect to the delivery of the Annual Financial Statements of Sanmina-SCI for
the fiscal year ended September 30, 2006. On the Waiver Termination Date,
without any further action by the Administrative Agent and the Purchasers, all
of the terms and provisions set forth in the Purchase Agreement with respect to
the Incipient Termination Events thereunder that are waived hereunder and not
cured prior to the Waiver Termination Date shall have the same force and effect
as if this Letter Waiver had not been entered into by the parties hereto, and
the Administrative Agent and the Purchasers shall have all of the rights and
remedies afforded to them under the Purchase Agreement with respect to such
Incipient Termination Events as though no waiver had been granted by them
hereunder.

We
further request that you waive the requirements of (i) Section 4.2(b) with
respect to the representations and warranties contained in Section 3.7 of the
Purchase Agreement through the Waiver Termination Date and solely with respect
to any defaults under Contractual Obligations arising from the failure of
Sanmina-SCI to deliver the financial statements of Sanmina-SCI for the fiscal
year ended September 30, 2006 or to file and deliver its Annual Report on Form
10-K for the fiscal quarter ended September 30, 2006, (ii) Section 4.2(b) with
respect to the representations and warranties contained in Sections 3.1, 3.2,
3.6 and 3.12 of the Purchase Agreement through the Waiver Termination Date and solely
with respect to the review by Sanmina-SCI of its stock option practices, the
inquiry by the SEC with respect thereto and the results of the foregoing and
the matters referred to in clause (i), and (iii) Section 4.2(c) solely with
respect to the Incipient Termination Events for which waivers are granted under
this Letter Waiver (it being understood that the Originators may qualify any
Purchase Notice with respect to the foregoing clauses (i) through (iii)).

 

This Letter Waiver
and the waivers requested herein shall become effective as of the date first
above written when, and only when, the Administrative Agent shall have received
counterparts of this Letter Waiver executed by us, the Administrative Agent and
the Required Purchasers.  This Letter
Waiver is subject to the provisions of Section 9.1 of the Purchase Agreement.

The
Purchase Agreement and each of the other Transaction Documents, except to the
extent of the waiver specifically provided above, are and shall continue to be
in full force and effect and are hereby in all respects ratified and confirmed.
The execution, delivery and effectiveness of this Letter Waiver shall not,
except as expressly provided herein, operate as a waiver of any right, power or
remedy of any Purchaser or any Agent under any of the Transaction Documents,
nor constitute a waiver of any provision of any of the Transaction Documents.

If
you agree to the terms and provisions of this Letter Waiver, please evidence
such agreement by executing and returning four counterparts of this Letter
Waiver to Kathleen D. Rothman at Wilson Sonsini Goodrich & Rosati, P.C. 650
Page Mill Road, Palo Alto, CA 94304, Facsimile: (650) 493-6811, Telephone (650)
320-4629 by no later than 5:00 P.M. (New York City time) on December 8, 2006.

This
Letter Waiver may be executed in any number of counterparts and by different
parties hereto in separate counterparts, each of which when so executed shall
be deemed to be an original and all of which taken together shall constitute
one and the same agreement. Delivery of an executed counterpart of a signature
page to this Letter Waiver by telecopier shall be effective as delivery of a
manually executed counterpart of this Letter Waiver.

This
Letter Waiver shall be governed by, and construed in accordance with, the laws
of the State of New York.

[BALANCE OF THIS PAGE HAS BEEN INTENTIONALLY LEFT BLANK]

 

 

	
  

  	
  Very truly yours,

  
	
   

  	
   

  
	
   

  	
   

  	
  SANMINA-SCI
  MAGYARORSZAG

  ELEKTRONIKAI GYARTO KFT

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
   

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SANMINA-SCI SYSTEMS DE
  MEXICO, S.A. DE

  C.V

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
  /s/ [ILLEGIBLE]

  	
   

  
	
   

  	
   

  	
   

  	
  Title: Chairman

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SANMINA-SCI CORPORATION

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
  /s/ Walter Boileau

  	
   

  
	
   

  	
   

  	
   

  	
  Title:

  	
  VP and Corporate
  Treasurer

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  SANMINA-SCI UK LTD.

  
	
   

  	
   

  	
   

  
	
   

  	
   

  	
  By

  	
  /s/ [ILLEGIBLE]

  	
   

  
	
   

  	
   

  	
   

  	
  Title: Director

  
	
   

  	
   

  	
   

  
	
  Agreed as of the
  date first above written:

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  Deutsche Bank
  AG, New York Branch,

  as Administrative Agent and as Purchaser

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By

  	
  /s/ [ILLEGIBLE]

  	
   

  	
   

  
	
   

  	
  Title: Vice
  President

  	
   

  	
   

  
	
   

  	
   

  	
   

  
	
  By

  	
  /s/ [ILLEGIBLE]

  	
   

  	
   

  
	
   

  	
  Title: AssociateInkgdom Koncrete, Inc. Exhibit 10.1 on 12/13/06

The Hall Group

Certified Public Accountants

EXHIBIT 10.1

CONSENT OF CERTIFIED PUBLIC ACCOUNTANTS

We consent to the use of our reports dated September 28, 2006 on the financial statements of Kingdom Koncrete, Inc. Corporation as of December 31, 2004 2005 and August 31, 2006, and the related statements of operations, stockholders’ equity and cash flows for the years then ended, and the inclusion of our name under the heading “Experts” in the Form SB-1 Registration Statement filed with the Securities & Exchange Commission.

/s/  The Hall Group, CPA’s

The Hall Group, CPA’s

Dallas, Texas 

December 11, 2006

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