SEC Contract Filing

Filing Date: 2021-04-21

Document Content:
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<TYPE>EX-10.1
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<FILENAME>d282209dex101.htm
<DESCRIPTION>EX-10.1
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<TITLE>EX-10.1</TITLE>
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 <P STYLE="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right"><B>Exhibit 10.1 </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Form of Exchange Agreement </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="right">April&nbsp;20, 2021 </P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Inphi
Corporation </B></P> <P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>Marvell Technology, Inc. </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman" ALIGN="center"><B>0.75% Convertible Senior Notes due [2021][2025] </B></P>
<P STYLE="margin-top:12pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">The undersigned investor (the &#147;<B>Investor</B>&#148;), for itself and on behalf of the beneficial owners listed on <U>Exhibit A</U> hereto
(&#147;<B>Accounts</B>&#148;) for whom the Investor holds contractual and investment authority (each, including the Investor if it is a party exchanging Notes (as defined below), an &#147;<B>Exchanging Investor</B>&#148;), hereby agrees with each of
Inphi Corporation, a Delaware corporation (the &#147;<B>Inphi Notes Issuer</B>&#148;), and Marvell Technology, Inc., a Delaware corporation (the &#147;<B>New Marvell Parent</B>&#148;, and together with the Inphi Notes Issuer, the
&#147;<B>Companies</B>&#148;, and each a &#147;<B>Company</B>&#148;) to exchange certain 0.75% Convertible Senior Notes due [2021][2025], CUSIP [45772F AC1]<SUP STYLE="font-size:85%; vertical-align:top">1</SUP>[45772F AE7]<SUP
STYLE="font-size:85%; vertical-align:top">2</SUP> (the <B>&#147;</B><B>Notes</B>&#148;) for shares (&#147;<B>Exchange</B> <B>Shares</B>&#148;) of the New Marvell Parent&#146;s common stock, $0.002 par value per share (the &#147;<B>Common
Stock</B>&#148;), pursuant to this exchange agreement (the &#147;<B>Agreement</B>&#148;). The Investor understands that the exchange (the &#147;<B>Exchange</B>&#148;) is being made without registration of the offer or sale of the Exchange Shares
under the Securities Act of 1933, as amended (the &#147;<B>Securities Act</B>&#148;), or any securities laws of any state of the United States or of any other jurisdiction in a private placement pursuant to the exemption from registration provided
by Section&nbsp;4(a)(2) of the Securities Act and that each Exchanging Investor participating in the Exchange is required to be an institutional &#147;accredited investor&#148; within the meaning of Rule 501(a)(1), (2), (3) or (7)&nbsp;of Regulation
D under the Securities Act that is also a &#147;qualified institutional buyer&#148; within the meaning of Rule 144A under the Securities Act. Capitalized terms used but not defined in this Agreement have the respective meanings set forth in the
indenture, dated as of [September 12, 2016]<SUP STYLE="font-size:85%; vertical-align:top">3</SUP>[April 24, 2020]<SUP STYLE="font-size:85%; vertical-align:top">4</SUP>, (the &#147;<B>Indenture</B>&#148;) between the Inphi Notes Issuer and [Wells
Fargo Bank, National Association]<SUP STYLE="font-size:85%; vertical-align:top">5</SUP> [U.S. Bank National Association]<SUP STYLE="font-size:85%; vertical-align:top">6</SUP>, as trustee (the &#147;<B>Trustee</B>&#148;), as supplemented by that
certain supplemental indenture (the &#147;<B>Supplemental Indenture</B>&#148;) to be entered into among the Trustee, the Inphi Notes Issuer and the New Marvell Parent on or about the date of the closing of the &#147;Mergers&#148; (as defined in the
Current Report on Form <FONT STYLE="white-space:nowrap">8-K</FONT> filed with the Securities and Exchange Commission (the &#147;<B>SEC</B>&#148;) by Marvell Technology Group Ltd., a Bermuda exempted company (&#147;<B>Existing</B>
<B>Marvell</B>&#148;), on October&nbsp;30, 2020, the &#147;<B>Mergers</B>&#148;), following which Mergers, <I>inter alia</I>, the Inphi Notes Issuer and Existing Marvell will each become a wholly-owned subsidiary of the New Marvell Parent, as
described in such Current Report and in the Merger Agreement (the &#147;<B>Merger Agreement</B>&#148;) filed therewith. For the avoidance of doubt, the terms &#147;Inphi Notes Issuer&#148; and &#147;Existing Marvell&#148;, as used herein, include
the respective continuing entities following the completion of the Mergers. </P> <P STYLE="margin-top:6pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman">1. <U>Exchange</U>. On the basis of the representations, warranties and
agreements herein contained and subject to the terms herein set forth, the Investor hereby agrees to exchange for itself and on behalf of the Exchanging Investors, an aggregate principal amount of the Notes set forth on <U>Exhibit A</U> hereto (the
&#147;<B>Exchanged Notes</B>&#148;) for: </P> <P STYLE="line-height:8.0pt;margin-top:0pt;margin-bottom:2pt;border-bottom:1px solid #000000;width:11%">&nbsp;</P>
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<TD ALIGN="left" VALIGN="top"> <P STYLE=" margin-top:0pt ; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman; " ALIGN="left">Insert for 2021 Notes. </P></TD></TR></TABLE>
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