SEC Contract Filing

Filing Date: 2024-07-23

Document Content:
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<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>dp214872_ex1001.htm
<DESCRIPTION>EXHIBIT 10.1
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<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: right">Exhibit 10.1</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">SHARE REPURCHASE AGREEMENT</P>

<P STYLE="font: bold 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">This Share Repurchase Agreement
(this &ldquo;<B>Agreement</B>&rdquo;) is entered into as of July 23, 2024, between Allegro MicroSystems, Inc., a Delaware corporation
(the &ldquo;<B>Company</B>&rdquo;) and Sanken Electric Co., Ltd., a Japanese corporation (&ldquo;<B>Seller</B>&rdquo;). Capitalized terms
used and not otherwise defined shall have the meanings ascribed to such terms in <U>Section 15</U>.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, as of June
28, 2024, there were outstanding 193,836,578 shares of common stock, $0.01 par value per share, of the Company (&ldquo;<B>Common Shares</B>&rdquo;);</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, as of the
date hereof, Seller is the record and beneficial owner of 98,500,097 Common Shares, representing approximately 51% of the outstanding
Common Shares as of June 28, 2024;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, Seller desires
to sell to the Company, and the Company desires to purchase from Seller, 38,767,315 Common Shares (the &ldquo;<B>Repurchased Shares</B>&rdquo;),
representing 20% of the outstanding Common Shares as of June 28, 2024 on the terms and conditions set forth herein;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, the audit
committee (the &ldquo;<B>Audit Committee</B>&rdquo;) of the board of directors of the Company (the &ldquo;<B>Company Board</B>&rdquo;),
consisting solely of independent and disinterested directors of the Company Board, has evaluated the transactions contemplated by this
Agreement and the related Financing Transactions (as defined below) pursuant to the Company&rsquo;s related person transaction policy
and the Audit Committee&rsquo;s charter;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, the Audit
Committee has unanimously (i) determined that this Agreement and the transactions contemplated hereby, including the First Repurchase
(as defined below) and the Second Repurchase (as defined below), are advisable, fair to, and in the best interests of, the Company and
the holders of Common Shares, and (ii) approved this Agreement, the execution and delivery by the Company of this Agreement, the performance
by the Company of the covenants and agreements contained herein and the consummation of the First Repurchase and the Second Repurchase
and the other transactions contemplated hereby and thereby upon the terms and subject to the conditions contained herein;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in"><B>WHEREAS</B>, the Company
Board (acting upon the recommendation of the Audit Committee and without the vote of the interested members of the Board) has (i) determined
that this Agreement and the transactions contemplated hereby, including the First Repurchase, the Second Repurchase and the related Financing
Transactions are advisable, fair to, and in the best interests of, the Company and the holders of Common Shares, (ii) declared this Agreement
and the transactions contemplated hereby and the related Financing Transactions advisable and (iii) approved this Agreement, the execution
and delivery by the Company of this Agreement, the performance by the Company of the covenants and agreements contained herein and the
consummation of the First Repurchase, the Second Repurchase and related Financing Transactions and the other transactions contemplated
hereby and thereby upon the terms and subject to the conditions contained herein;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0; text-align: justify; text-indent: 0.5in">&nbsp;</P>

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