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 | 2003 |
Asset Purchase Agreement
Asset Purchase Agreement (167K)
Doc #101602: Click preview link for longer preview.
ASSET PURCHASE AGREEMENT
By and between
AGERE SYSTEMS INC.
As Seller
And
EMCORE CORPORATION
As Buyer
Dated as of January 21, 2003
================================================================================
TABLE OF CONTENTS
{TABLE}
{CAPTION}
Page
{S} {C} {C}
1. Definitions......................................................................................2
1.1 Defined Terms...........................................................................2
1.2 Additional Defined Terms................................................................9
1.3 Other Definitional and Interpretive Matters.............................................10
2. Purchase and Sale of the CATV Business...........................................................11
2.1 Purchase and Sale of Assets.............................................................11
2.2 Excluded Assets.........................................................................12
2.3 Purchase Price..........................................................................13
2.4 Assumed Liabilities.....................................................................13
2.5 Excluded Liabilities....................................................................14
2.6 Further Assurances; Further Conveyances and Assumptions; Consent of Third Parties.......15
2.7 Proprietary Information.................................................................17
2.8 Bulk Sales Law..........................................................................17
2.9 Taxes...................................................................................17
2.10 Buyer Designee..........................................................................18
3. Representations and Warranties of Seller.........................................................18
3.1 Organization and Qualification; Subsidiaries............................................18
3.2 Authorization...........................................................................19
3.3 Binding Effect..........................................................................19
3.4 Non-Contravention; Consents.............................................................19
3.5 Title to Property; Principal Equipment; Sufficiency of Assets...........................20
3.6 Permits.................................................................................21
3.7 Real Estate; Environmental Matters......................................................21
3.8 Compliance With Laws....................................................................23
3.9 Litigation..............................................................................23
3.10 Business Employees......................................................................23
3.11 Contracts...............................................................................24
3.12 Revenues; Financial Information; Absence of Certain Changes.............................25
3.13 Intellectual Property...................................................................26
3.14 Product Liability and Recalls...........................................................28
3.15 Product Warranty........................................................................28
3.16 Inventory...............................................................................29
3.17 Customer and Suppliers..................................................................29
3.18 Restrictions on the Business............................................................29
3.19 Brokers.................................................................................29
3.20 Taxes...................................................................................29
3.21 No Other Representations or Warranties..................................................30
{/TABLE}
-i-
{PAGE}
{TABLE}
{CAPTION}
{S} {C} {C}
4. Representations and Warranties of Buyer..........................................................30
4.1 Organization and Qualification..........................................................30
4.2 Authorization; Binding Effect...........................................................30
4.3 Non-Contravention; Consents.............................................................31
4.4 Brokers.................................................................................32
4.5 No Inducement or Reliance; Independent Assessment.......................................32
4.6 Sufficiency of Funds....................................................................32
4.7 No Other Representations or Warranties..................................................33
5. Certain Covenants................................................................................33
5.1 Access and Information..................................................................33
5.2 [Reserved]..............................................................................34
5.3 Tax Reporting and Allocation of Consideration...........................................34
5.4 Business Employees......................................................................35
5.5 Leased Equipment........................................................................37
5.6 Reasonable Commercial Efforts...........................................................37
5.7 [Reserved]..............................................................................37
5.8 Use of Agere Systems' Name..............................................................38
5.9 Non-Solicitation of Transferred Employees...............................................39
5.10 [Reserved]..............................................................................39
5.11 Non-Competition.........................................................................39
6. Confidential Nature of Information...............................................................40
6.1 Confidentiality Agreement...............................................................40
6.2 Seller's Proprietary Information........................................................41
6.3 Buyer's Proprietary Information.........................................................42
6.4 Confidential Nature of Agreements.......................................................43
7. Closing..........................................................................................43
7.1 Deliveries by Seller or the Subsidiaries................................................43
7.2 Deliveries by Buyer or a Buyer Designee.................................................43
7.3 Closing Date............................................................................44
8.
[Reserved].......................................................................................44
9. Status of Agreements.............................................................................44
9.1 [Reserved]..............................................................................44
9.2 Survival of Representations and Warranties..............................................44
9.3 General Agreement to Indemnify..........................................................45
9.4 General Procedures for Indemnification..................................................46
10. Miscellaneous Provisions.........................................................................48
10.1 Notices.................................................................................48
10.2 Expenses................................................................................49
10.3 Entire Agreement; Modification..........................................................49
10.4 Assignment; Binding Effect; Severability................................................49
{/TABLE}
-ii-
{TABLE}
{CAPTION}
{S} {C} {C} {C}
10.5 Governing Law...........................................................................50
10.6 Consent to Jurisdiction.................................................................50
10.7 Waiver of Jury Trial....................................................................50
10.8 Execution in Counterparts...............................................................51
10.9 Public Announcement.....................................................................51
10.10 No Third-Party Beneficiaries............................................................51
10.11 Waiver of Agreement.....................................................................51
{/TABLE}
-iii-
Schedules
Schedule 1.1(a) Business Employees
Schedule 1.1(b) Leased Equipment
Schedule 1.3(h) CATV Employees Having Knowledge
Schedule 2.1(g) Licenses
Schedule 2.2(e) Excluded Contracts
Schedule 2.4(a) Retention Payments for Key Employees
Schedule 3.2 Subsidiaries
Schedule 3.4(b) Required Consents
Schedule 3.6 Governmental Permits
Schedule 3.7(a) Leased Premises
Schedule 3.7(c) Environmental Matters
Schedule 3.8 Compliance with Laws
Schedule 3.9 Litigation
Schedule 3.10(b) Benefit Plans
Schedule 3.11 Material Contracts
Schedule 3.12(a) Revenues
Schedule 3.12(b) Financial Information
Schedule 3.12(c) Absence of Certain Changes
Schedule 3.13(b) Intellectual Property
Schedule 3.14(b) Product Claims
Schedule 3.15 Product Warranty
Schedule 3.16 Inventory
Schedule 3.17 Customers and Suppliers
Schedule 5.4(b) Tuition and Relocation Benefits; International Assignees
Schedule 5.4(c) Severance Benefits
Exhibits
Exhibit A Form of Assignment and Bill of Sale and Assumption Agreement
Exhibit B Form of Intellectual Property Agreement
Exhibit C Form of Sublease
Exhibit D Form of Transition Services Agreement
-iv-
{PAGE}
ASSET PURCHASE AGREEMENT
THIS ASSET PURCHASE AGREEMENT ("Agreement") is made as of January 21, 2003
by and between AGERE SYSTEMS INC., a Delaware corporation ("Seller" or "Agere"),
with offices at 1110 American Parkway NE, Allentown, PA 18109 and EMCORE
CORPORATION, a New Jersey corporation ("Buyer"), with offices at 145 Belmont
Drive, Somerset, NJ 08873.
R E C I T A L S
A. WHEREAS, Seller and the Subsidiaries (as hereinafter defined) are, among
other things, engaged through a unit of Seller's Infrastructure Systems Group in
the CATV Business (as hereinafter defined);
B. WHEREAS, the CATV Business is comprised of certain assets and
liabilities that are currently owned by Seller or a Subsidiary or in respect of
which Seller or a Subsidiary is currently obligated, as the case may be;
C. WHEREAS, Seller and the Subsidiaries desire to sell, transfer and assign
to Buyer or a Buyer Designee (as hereinafter defined), and Buyer or a Buyer
Designee desires to purchase from Seller and the Subsidiaries, the Purchased
Assets (as hereinafter defined), and Buyer or a Buyer Designee is willing to
assume, the Assumed Liabilities (as hereinafter defined), in each case as more
fully described and upon the terms and subject to the conditions set forth
herein; and
D. WHEREAS, Seller and/or one or more of the Subsidiaries and Buyer or a
Buyer Designee desire to enter into an Assignment and Bill of Sale and
Assumption Agreement, the Intellectual Property Agreement, each Sublease and the
Transition Services Agreement (each as hereinafter defined and collectively, the
"Collateral Agreements").
{PAGE}
NOW, THEREFORE, in consideration of the mutual agreements and covenants
herein contained and intending to be legally bound hereby, the parties hereto
hereby agree as follows:
1. Definitions
1.1 Defined Terms
For the purposes of this Agreement the following words and phrases shall
have the following meanings:
"Affiliate" of any Person means any Person that controls, is controlled by,
or is under common control with such Person. As used herein, the term "control"
(including the terms "controlling," "controlled by" and "under common control
with") means the possession, directly or indirectly, of the power to direct or
cause the direction of the management and policies of a Person, whether through
ownership of voting securities or other interests, by contract or otherwise.
"Assignment and Bill of Sale and Assumption Agreement" means the agreement
in substantially the form set forth as Exhibit A.
"Assumed Contracts" means those Contracts marked as such in Schedule 3.11
and those Contracts not required to be listed on Schedule 3.11 because they do
not meet the dollar threshold amounts or other criteria set forth in Section
101602
|
Agere Systems
As referenced in this Asset Purchase Agreement:
AGERE SYSTEMS –
{DOCUMENT}
{TYPE}EX-2
{SEQUENCE}3
[EXECUTION COPY]
================================================================================
ASSET PURCHASE AGREEMENT
By and between
AGERE SYSTEMS INC.
As Seller
And
EMCORE CORPORATION
As Buyer
Dated as of January 21, 2003
================================================================================
TABLE OF CONTENTS
{TABLE}
{CAPTION}
Page
{S} {C} {C}
_____________
Agere Systems' – 4 Business Employees......................................................................35
5.5 Leased Equipment........................................................................37
5.6 Reasonable Commercial Efforts...........................................................37
5.7 [Reserved]..............................................................................37
5.8 Use of Agere Systems' Name..............................................................38
5.9 Non-Solicitation of Transferred Employees...............................................39
5.10 [Reserved]..............................................................................39
5.11 Non-Competition.........................................................................39
6. Confidential Nature
_____________
AGERE SYSTEMS – Transition Services Agreement
-iv-
{PAGE}
ASSET PURCHASE AGREEMENT
THIS ASSET PURCHASE AGREEMENT ("Agreement") is made as of January 21, 2003
by and between AGERE SYSTEMS INC., a Delaware corporation ("Seller" or "Agere"),
with offices at 1110 American Parkway NE, Allentown, PA 18109 and EMCORE
CORPORATION, a New Jersey
_____________
"Agere Systems" – ending on or before the Closing Date;
(d) subject to Section 5.8, any rights to, or the use of, the "Agere" or
"Agere Systems" trademarks;
(e) the Excluded Contracts, the Nonassignable Licenses and the Excluded
Leased Equipment;
(f) any insurance policies or rights of proceeds thereof;
(
_____________
Agere Systems – Plan") to provide for
the receipt of Transferred Employees' lump sum cash distributions, in the form
of an eligible rollover distribution from the Agere Systems Inc. Management
401(k) Plan, provided such rollovers are made at the election of the Transferred
Employees and in accordance with the terms
_____________
dt 220163
;
Agere Systems
As referenced in this Asset Purchase Agreement:
AGERE SYSTEMS INC. –
EX-2
3
[EXECUTION COPY]
================================================================================
ASSET PURCHASE AGREEMENT
By and between
AGERE SYSTEMS INC.
As Seller
And
EMCORE CORPORATION
As Buyer
Dated as of January 21, 2003
================================================================================
TABLE OF CONTENTS
Page
1. Definitions......................................................................................2
1.1 Defined Terms...........................................................................
_____________
AGERE SYSTEMS INC. – Form of Sublease
Exhibit D Form of Transition Services Agreement
-iv-
ASSET PURCHASE AGREEMENT
THIS ASSET PURCHASE AGREEMENT ("Agreement") is made as of January 21, 2003
by and between AGERE SYSTEMS INC. , a Delaware corporation ("Seller" or "Agere"),
with offices at 1110 American Parkway NE, Allentown, PA 18109 and EMCORE
CORPORATION, a New Jersey corporation ("Buyer"), with offices at 145 Belmont
_____________
Agere Systems Inc. – k) of the Code (the "Buyer Savings Plan") to provide for
the receipt of Transferred Employees' lump sum cash distributions, in the form
of an eligible rollover distribution from the Agere Systems Inc. Management
401(k) Plan, provided such rollovers are made at the election of the Transferred
Employees and in accordance with the terms of the Buyer Savings Plan. Seller
shall
_____________
Agere Systems Inc. – 401(k) Plan, provided such rollovers are made at the election of the Transferred
Employees and in accordance with the terms of the Buyer Savings Plan. Seller
shall cause the Agere Systems Inc. Management 401(k) Plan to permit the
Transferred Employees to elect a lump sum cash distribution of benefits accrued
through the Closing Date in accordance with the Code.
(f)
_____________
Agere Systems Inc. – receipt
confirmed, or (iv) delivered personally, addressed as follows or to such other
address or addresses of which the respective party shall have notified the
other.
If to Seller, to: Agere Systems Inc.
Attn: Executive Vice President,
Infrastructure Systems
1110 American Parkway NE
Allentown, PA 18109
Facsimile: (610) 712-5336
-48-
With a copy to: Agere Systems Inc.
Attn: Vice President -
_____________
dt 1852209
;
|
Emcore
As referenced in this Asset Purchase Agreement:
EMCORE CORP –
EMCORE CORP
_____________
dt 1849524
;
EMCORE
As referenced in this Asset Purchase Agreement:
EMCORE CORP –
EMCORE CORP
_____________
dt 1852300
;
More... |
| Preview
Full Doc
| 2003 |
Asset Purchase Agreement
Asset Purchase Agreement (197K)
Doc #101656: Click preview link for longer preview.
ASSET PURCHASE AGREEMENT
By and between
AGERE SYSTEMS INC.
As Seller
And
TRIQUINT SEMICONDUCTOR, INC.
As Buyer
Dated as of October 21, 2002
================================================================================
Agere Systems Proprietary
{PAGE}
TABLE OF CONTENTS
{TABLE}
{CAPTION}
Page
{S} {C}
1. Definitions...................................................................2
1.1 Defined Terms........................................................2
1.2 Additional Defined Terms.............................................9
1.3 Other Definitional and Interpretive Matters..........................10
2. Purchase and Sale of the Optoelectronics Business.............................11
2.1 Purchase and Sale of Assets..........................................11
2.2 Excluded Assets......................................................12
2.3 Purchase Price.......................................................14
2.4 Assumed Liabilities..................................................14
2.5 Excluded Liabilities.................................................15
2.6 Further Assurances; Further Conveyances and Assumptions;
Consent of Third Parties.............................................15
2.7 Proprietary Information..............................................17
2.8 Bulk Sales Law.......................................................17
2.9 Taxes................................................................17
2.10 Buyer Designee.......................................................18
3. Representations and Warranties of Seller......................................18
3.1 Organization and Qualification; Subsidiaries.........................18
3.2 Authorization........................................................19
3.3 Binding Effect.......................................................19
3.4 Non-Contravention; Consents..........................................19
3.5 Title to Property; Principal Equipment; Sufficiency of Assets........20
3.6 Permits; Licenses....................................................21
3.7 Real Estate; Environmental Matters...................................21
3.8 Compliance With Laws.................................................23
3.9 Litigation...........................................................23
3.10 Business Employees...................................................23
3.11 Contracts............................................................24
3.12 Revenues; Financial Information; Absence of Certain Changes..........25
3.13 Intellectual Property................................................26
3.14 Product Liability and Recalls........................................28
3.15 Product Warranty.....................................................29
3.16 Inventory............................................................29
3.17 Customer and Suppliers...............................................29
3.18 Restrictions on the Business.........................................29
3.19 Brokers..............................................................30
3.20 Taxes................................................................30
3.21 Product Development..................................................30
{/TABLE}
-i-
Agere Systems Proprietary
{PAGE}
{TABLE}
{S} {C}
3.22 No Other Representations or Warranties...............................31
4. Representations and Warranties of Buyer.......................................31
4.1 Organization and Qualification.......................................31
4.2 Authorization; Binding Effect........................................31
4.3 Non-Contravention; Consents..........................................32
4.4 Brokers..............................................................33
4.5 No Inducement or Reliance; Independent Assessment....................33
4.6 Sufficiency of Funds.................................................33
4.7 No Other Representations or Warranties...............................34
5. Certain Covenants.............................................................34
5.1 Access and Information...............................................34
5.2 Conduct of the Optoelectronics Business..............................35
5.3 Tax Reporting and Allocation of Consideration........................37
5.4 Business Employees...................................................38
5.5 Collateral Agreements; Leased Equipment..............................40
5.6 Reasonable Commercial Efforts........................................40
5.7 Contacts with Suppliers and Customers................................41
5.8 Use of Agere Systems' Name...........................................42
5.9 Non-Solicitation or Hiring of Transferred Employees..................43
5.10 No Negotiation or Solicitation.......................................44
5.11 Non-Competition......................................................44
5.11 Future Collaborations................................................45
6. Confidential Nature of Information............................................45
6.1 Confidentiality Agreement............................................45
6.2 Seller's Proprietary Information.....................................45
6.3 Buyer's Proprietary Information......................................47
6.4 Confidential Nature of Agreements....................................48
7. Closing.......................................................................48
7.1 Deliveries by Seller or the Subsidiaries.............................48
7.2 Deliveries by Buyer or a Buyer Designee..............................49
7.3 Closing Date.........................................................49
7.4 Contemporaneous Effectiveness........................................49
8. Conditions Precedent to Closing...............................................50
8.1 General Conditions...................................................50
8.2 Conditions Precedent to Buyer's Obligations..........................51
8.3 Conditions Precedent to Seller's Obligations.........................52
8.4 Conditions Precedent to Real Estate Closing..........................52
9. Status of Agreements..........................................................53
9.1 Effect of Breach.....................................................53
9.2 Survival of Representations and Warranties...........................53
{/TABLE}
-ii-
Agere Systems Proprietary
{PAGE}
{TABLE}
{S} {C}
9.3 General Agreement to Indemnify.......................................53
9.4 General Procedures for Indemnification...............................55
10. Miscellaneous Provisions......................................................56
10.1 Notices..............................................................57
10.2 Expenses.............................................................57
10.3 Entire Agreement; Modification.......................................58
10.4 Assignment; Binding Effect; Severability.............................58
10.5 Governing Law........................................................58
10.6 Consent to Jurisdiction..............................................58
10.7 Waiver of Jury Trial.................................................59
10.8 Execution in Counterparts............................................59
10.9 Public Announcement..................................................59
10.10 No Third-Party Beneficiaries.........................................60
11. Termination and Waiver........................................................60
11.1 Termination..........................................................60
11.2 Effect of Termination................................................61
11.3 Waiver of Agreement..................................................61
11.4 Amendment of Agreement...............................................61
{/TABLE}
-iii-
Agere Systems Proprietary
{PAGE}
Schedules
Schedule 1.1(a) Business Employees
Schedule 1.1(b) Leased Equipment
Schedule 2.1(i) Licenses
Schedule 2.2(e) Excluded Contracts
Schedule 2.3 Principal Equipment - Moving Procedures
Schedule 3.2 Subsidiaries
Schedule 3.4(b) Required Consents
Schedule 3.6 Governmental Permits
Schedule 3.7(a) Leased Premises; Assumed Leases
Schedule 3.7(b) Transferred Premises
Schedule 3.7(d) Environmental Matters
Schedule 3.8 Compliance with Laws
Schedule 3.9 Litigation
Schedule 3.10(a) Labor Agreement - Mexico
Schedule 3.10(b) Benefit Plans
Schedule 3.11 Material Contracts
Schedule 3.12(a) Revenues
Schedule 3.12(b) Financial Information
Schedule 3.12(c) Absence of Certain Changes
Schedule 3.13(b) Intellectual Property
Schedule 3.14(b) Product Claims
Schedule 3.15 Product Warranty
Schedule 3.17 Customers and Suppliers
Schedule 5.2. Exceptions to Seller's Conduct of Optoelectronics Business
Schedule 5.4(b) Tuition and Relocation Benefits; International Assignees
Schedule 5.4(c) Severance Benefits
Schedule 8.2(d) Designated Consents
Exhibits
Exhibit A Form of Assignment and Bill of Sale and Assumption Agreement
Exhibit B Form of Intellectual Property Agreement
Exhibit C Form of Lease Assignment
Exhibit D Form of Sublease
Exhibit E Form of Supply Agreement
Exhibit F Form of Transition Services Agreement
-iv-
Agere Systems Proprietary
{PAGE}
ASSET PURCHASE AGREEMENT
THIS ASSET PURCHASE AGREEMENT ("Agreement") is made as of October [21],
2002 by and between AGERE SYSTEMS INC., a Delaware corporation ("Seller" or
"Agere"), with offices at 1110 American Parkway NE, Allentown, PA 18109 and
TRIQUINT SEMICONDUCTOR, INC., a Delaware corporation ("Buyer"), with offices at
2300 NE Brookwood Parkway, Hillsboro, OR 97124.
R E C I T A L S
A. WHEREAS, Seller and the Subsidiaries (as hereinafter defined) are, among
other things, engaged through a unit of its Infrastructure Systems Group in the
Optoelectronics Business (as hereinafter defined);
B. WHEREAS, the Optoelectronics Business is comprised of certain assets and
liabilities that are currently owned by Seller or a Subsidiary or in respect of
which Seller or a Subsidiary is currently obligated, as the case may be;
C. WHEREAS, Seller and the Subsidiaries desire to sell, transfer and assign
to Buyer or a Buyer Designee (as hereinafter defined), and Buyer or a Buyer
Designee desires to purchase from Seller and the Subsidiaries, the Purchased
Assets (as hereinafter defined), and Buyer or a Buyer Designee is willing to
assume, the Assumed Liabilities (as hereinafter defined), in each case as more
fully described and upon the terms and subject to the conditions set forth
herein; and
D. WHEREAS, Seller and/or one or more of the Subsidiaries and Buyer or a
Buyer Designee desire to enter into each Assignment and Bill of Sale and
Assumption Agreement, the Intellectual Property Agreement, each Lease
Assignment, the Real Estate Deed, each Sublease, the Supply Agreement and the
Transition Services Agreement (each as hereinafter defined and collectively, the
"Collateral Agreements").
Agere Systems Proprietary
{PAGE}
NOW, THEREFORE, in consideration of the mutual agreements and covenants
herein contained and intending to be legally bound hereby, the parties hereto
hereby agree as follows:
1. Definitions
1.1 Defined Terms
For the purposes of this Agreement the following words and phrases shall
have the following meanings:
"Affiliate" of any Person means any Person that controls, is controlled by,
or is under common control with such Person. As used herein, the term "control"
(including the terms "controlling", "controlled by" and "under common control
with") means the possession, directly or indirectly, of the power to direct or
cause the direction of the management and policies of a Person, whether through
ownership of voting securities or other interests, by contract or otherwise.
"Assignment and Bill of Sale and Assumption Agreement" means each agreement
in substantially the form set forth as Exhibit A.
"Assumed Leases" means the Leases identified on Schedule 3.7(a) to be
assumed by the Buyer pursuant to a Lease Assignment or Sublease.
"Benefit Plan" means, in respect of any Business Employee, each Pension
Plan, Welfare Plan and employment, bonus, pension, profit sharing, deferred
compensation, incentive compensation, stock ownership, stock option, stock
purchase, phantom stock, performance, retirement, thrift, savings, stock bonus,
101656
|
Agere Systems
As referenced in this Asset Purchase Agreement:
AGERE SYSTEMS –
{DOCUMENT}
{TYPE}EX-2
{SEQUENCE}3
{PAGE}
Exhibit 2
[Execution Copy]
================================================================================
ASSET PURCHASE AGREEMENT
By and between
AGERE SYSTEMS INC.
As Seller
And
TRIQUINT SEMICONDUCTOR, INC.
As Buyer
Dated as of October 21, 2002
================================================================================
Agere Systems Proprietary
{PAGE}
TABLE OF CONTENTS
{TABLE}
{
_____________
Agere Systems – ASSET PURCHASE AGREEMENT
By and between
AGERE SYSTEMS INC.
As Seller
And
TRIQUINT SEMICONDUCTOR, INC.
As Buyer
Dated as of October 21, 2002
================================================================================
Agere Systems Proprietary
{PAGE}
TABLE OF CONTENTS
{TABLE}
{CAPTION}
Page
{S} {C}
1. Definitions...................................................................2
1.1 Defined Terms........................................................2
1.2 Additional Defined Terms.............................................
_____________
Agere Systems – 29
3.18 Restrictions on the Business.........................................29
3.19 Brokers..............................................................30
3.20 Taxes................................................................30
3.21 Product Development..................................................30
{/TABLE}
-i-
Agere Systems Proprietary
{PAGE}
{TABLE}
{S} {C}
3.22 No Other Representations or Warranties...............................31
4. Representations and Warranties of Buyer.......................................31
4.1 Organization
_____________
Agere Systems' – Collateral Agreements; Leased Equipment..............................40
5.6 Reasonable Commercial Efforts........................................40
5.7 Contacts with Suppliers and Customers................................41
5.8 Use of Agere Systems' Name...........................................42
5.9 Non-Solicitation or Hiring of Transferred Employees..................43
5.10 No Negotiation or Solicitation.......................................44
5.11 Non-
_____________
Agere Systems – Closing..........................52
9. Status of Agreements..........................................................53
9.1 Effect of Breach.....................................................53
9.2 Survival of Representations and Warranties...........................53
{/TABLE}
-ii-
Agere Systems Proprietary
{PAGE}
{TABLE}
{S} {C}
9.3 General Agreement to Indemnify.......................................53
9.4 General Procedures for Indemnification...............................55
10. Miscellaneous Provisions......................................................56
_____________
dt 220164
;
Agere Systems
As referenced in this Asset Purchase Agreement:
AGERE SYSTEMS INC –
AGERE SYSTEMS INC
_____________
AGERE SYSTEMS INC. –
EX-2
3
Exhibit 2
[Execution Copy]
================================================================================
ASSET PURCHASE AGREEMENT
By and between
AGERE SYSTEMS INC.
As Seller
And
TRIQUINT SEMICONDUCTOR, INC.
As Buyer
Dated as of October 21, 2002
================================================================================
Agere Systems Proprietary
TABLE OF CONTENTS
Page
1. Definitions...................................................................2
_____________
AGERE SYSTEMS INC. – Exhibit F Form of Transition Services Agreement
-iv-
Agere Systems Proprietary
ASSET PURCHASE AGREEMENT
THIS ASSET PURCHASE AGREEMENT ("Agreement") is made as of October [21],
2002 by and between AGERE SYSTEMS INC. , a Delaware corporation ("Seller" or
"Agere"), with offices at 1110 American Parkway NE, Allentown, PA 18109 and
TRIQUINT SEMICONDUCTOR, INC., a Delaware corporation ("Buyer"), with offices at
2300 NE
_____________
Agere Systems Inc. – k) of the Code (the "Buyer Savings Plan") to provide for
the receipt of Transferred Employees' lump sum cash distributions, in the form
of an eligible rollover distribution from the Agere Systems Inc. Management
401(k) Plan, provided such rollovers are made at the election of the Transferred
Employees and in accordance with the terms of the Buyer Savings Plan. Seller
shall
_____________
Agere Systems Inc. – 401(k) Plan, provided such rollovers are made at the election of the Transferred
Employees and in accordance with the terms of the Buyer Savings Plan. Seller
shall cause the Agere Systems Inc. Management 401(k) Plan to permit the
Transferred Employees to elect a lump sum cash distribution of benefits accrued
through the Closing Date in accordance with the Code.
-39-
_____________
dt 1852215
;
|
AT&T
As referenced in this Asset Purchase Agreement:
AT&T Corp – Seller is
assigning to Buyer pursuant to the Intellectual Property Agreement.
(g) In connection with the separation of Lucent Technologies Inc.
("Lucent") from AT&T Corp ., Lucent and AT&T Corp. executed and delivered patent
assignments. The ownership of patents, as between Lucent and AT&T Corp., was
_____________
AT&T Corp – pursuant to the Intellectual Property Agreement.
(g) In connection with the separation of Lucent Technologies Inc.
("Lucent") from AT&T Corp., Lucent and AT&T Corp . executed and delivered patent
assignments. The ownership of patents, as between Lucent and AT&T Corp., was
divided such that Lucent or
_____________
AT&T Corp – Lucent") from AT&T Corp., Lucent and AT&T Corp. executed and delivered patent
assignments. The ownership of patents, as between Lucent and AT&T Corp ., was
divided such that Lucent or one of its Affiliates was vested, among other
patents, with ownership of patents that related primarily
_____________
dt 147671
;
Lucent
As referenced in this Asset Purchase Agreement:
Lucent Technologies Inc. – foregoing shall not be deemed to apply to the patent applications that Seller is
assigning to Buyer pursuant to the Intellectual Property Agreement.
(g) In connection with the separation of Lucent Technologies Inc.
("Lucent") from AT&T Corp., Lucent and AT&T Corp. executed and delivered patent
assignments. The ownership of patents, as between Lucent and AT&T Corp., was
divided such
_____________
dt 1441888
;
More... |
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Full Doc
| 2003 |
Equity Purchase Agreement
Equity Purchase Agreement (11K)
Doc #101663: Click preview link for longer preview.
EQUITY PURCHASE AGREEMENT
This EQUITY PURCHASE AGREEMENT, dated as of January 2, 2003 (the "Agreement"), is entered into by and among Agere Systems Inc. ("Agere"), Agere Systems International, LLC ("International") (Agere and International are sometimes collectively referred to herein as "Sellers"), TriQuint Semiconductor, Inc. ("TriQuint"), TriQuint International Holding Co. ("Holding Co."), TriQuint International Holding LLC ("Holding LLC") (Holding Co. and Holding LLC are sometimes collectively referred to herein as "Buyers"), and Agere Systems de Mexico, S. DE R.L. DE C.V. (the "Issuer").
A. WHEREAS, Agere and TriQuint are parties to that certain Asset Purchase Agreement dated as of October 21, 2002, as amended by Amendment No. 1 to the Asset Purchase Agreement dated as of the date hereof (the "Master Purchase Agreement");
B. WHEREAS, pursuant to the Master Purchase Agreement, Agere and its Subsidiaries, agreed to sell, transfer and assign to TriQuint or a TriQuint Designee, and TriQuint or a TriQuint Designee agreed to purchase from Agere and its Subsidiaries, the Purchased Assets, and TriQuint or a TriQuint Designee agreed to assume, the Assumed Liabilities, in each case as more fully described and upon the terms and subject to the conditions set forth in the Master Purchase Agreement;
C. WHEREAS, Agere and TriQuint have determined that it is in the best interest of the parties for Buyers to purchase all of the issued and outstanding equity participation rights of the Issuer;
D. WHEREAS, Sellers are the owners of all of the issued and outstanding equity participation rights of the Issuer, as more specifically described below;
E. WHEREAS, Sellers intend to sell and Buyers intend to purchase all of the issued and outstanding equity participation rights of the Issuer; and
F. WHEREAS, capitalized terms used herein and not otherwise defined herein shall have the meanings ascribed to them in the Master Purchase Agreement.
NOW, THEREFORE, in consideration of the premises and of the mutual covenants contained herein, the parties hereto agree as follows:
1. Purchase and Sale of Equity Participation Rights. For good and valuable consideration, the sufficiency of which Sellers hereby specifically affirm, and subject to the terms and conditions contained in this Agreement and the Master Purchase Agreement, Sellers hereby agree to sell and Buyers hereby agree to purchase the equity participation rights in the Issuer.
2. Representations and Warranties.
2.1 The representations and warranties made by Agere in Section 3 of the Master Purchase Agreement are incorporated herein by reference and Agere and Issuer hereby reaffirm
101663
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Agere Systems
As referenced in this Equity Purchase Agreement:
Agere Systems – 1.7
EQUITY PURCHASE AGREEMENT
This EQUITY PURCHASE AGREEMENT, dated as of January 2, 2003 (the "Agreement"), is entered into by and among Agere Systems Inc. ("Agere"), Agere Systems International, LLC ("International") (Agere and International are sometimes collectively referred to herein as "Sellers"), TriQuint Semiconductor, Inc. ("TriQuint"), TriQuint
_____________
Agere Systems – AGREEMENT
This EQUITY PURCHASE AGREEMENT, dated as of January 2, 2003 (the "Agreement"), is entered into by and among Agere Systems Inc. ("Agere"), Agere Systems International, LLC ("International") (Agere and International are sometimes collectively referred to herein as "Sellers"), TriQuint Semiconductor, Inc. ("TriQuint"), TriQuint International Holding Co. ("Holding
_____________
Agere Systems – Co. ("Holding Co."), TriQuint International Holding LLC ("Holding LLC") (Holding Co. and Holding LLC are sometimes collectively referred to herein as "Buyers"), and Agere Systems de Mexico, S. DE R.L. DE C.V. (the "Issuer").
A. WHEREAS, Agere and TriQuint are parties to that certain Asset Purchase
_____________
AGERE SYSTEMS, – interpretation of this Agreement.
4
IN WITNESS WHEREOF, the parties have executed this Equity Purchase Agreement as of the date set forth above.
AGERE SYSTEMS, INC.
By:
/s/ Paul Bento
Name:
Paul Bento
Title:
Vice President - Law
TRIQUINT SEMICONDUCTOR, INC.
By:
/s/ Fabian Oscar Mousalve Agraz
Name:
_____________
AGERE SYSTEMS – Bento
Title:
Vice President - Law
TRIQUINT SEMICONDUCTOR, INC.
By:
/s/ Fabian Oscar Mousalve Agraz
Name:
Fabian Oscar Mousalve Agraz
Title:
Attorney-in-Fact
AGERE SYSTEMS DE MEXICO S.R.L. DE C.V.
By:
/s/ Raymond A. Link
Name:
Raymond A. Link
Title:
Vice President - Finance and Administration,
_____________
dt 220166
;
Agere Systems
As referenced in this Equity Purchase Agreement:
Agere Systems Inc. – htm EXHIBIT 2.1.7
EXHIBIT 2.1.7
EQUITY PURCHASE AGREEMENT
This EQUITY PURCHASE AGREEMENT, dated as of January 2, 2003 (the "Agreement"), is entered into by and among Agere Systems Inc. ("Agere"), Agere Systems International, LLC ("International") (Agere and International are sometimes collectively referred to herein as "Sellers"), TriQuint Semiconductor, Inc. ("TriQuint"), TriQuint International Holding Co. ("Holding Co."), TriQuint International
_____________
AGERE SYSTEMS, INC. – and shall not affect the meaning or interpretation of this Agreement.
4
IN WITNESS WHEREOF, the parties have executed this Equity Purchase Agreement as of the date set forth above.
AGERE SYSTEMS, INC.
By:
/s/ Paul Bento
Name:
Paul Bento
Title:
Vice President - Law
TRIQUINT SEMICONDUCTOR, INC.
By:
/s/ Fabian Oscar Mousalve Agraz
Name:
Fabian Oscar Mousalve Agraz
Title:
Attorney-in-Fact
_____________
dt 1457317
;
Agere Systems
As referenced in this Equity Purchase Agreement:
AGERE SYSTEMS, INC. – and shall not affect the meaning or interpretation of this Agreement.
4
IN WITNESS WHEREOF, the parties have executed this Equity Purchase Agreement as of the date set forth above.
AGERE SYSTEMS, INC.
By:
/s/ Paul Bento
Name:
Paul Bento
Title:
Vice President - Law
TRIQUINT SEMICONDUCTOR, INC.
By:
/s/ Fabian Oscar Mousalve Agraz
Name:
Fabian Oscar Mousalve Agraz
Title:
Attorney-in-Fact
_____________
dt 1457350
;
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TriQuint
As referenced in this Equity Purchase Agreement:
TriQuint Semiconductor, Inc. – 2, 2003 (the "Agreement"), is entered into by and among Agere Systems Inc. ("Agere"), Agere Systems International, LLC ("International") (Agere and International are sometimes collectively referred to herein as "Sellers"), TriQuint Semiconductor, Inc. ("TriQuint"), TriQuint International Holding Co. ("Holding Co."), TriQuint International Holding LLC ("Holding LLC") (Holding Co. and Holding LLC are sometimes collectively referred to herein as "Buyers"), and Agere Systems
_____________
TRIQUINT SEMICONDUCTOR, INC. – WHEREOF, the parties have executed this Equity Purchase Agreement as of the date set forth above.
AGERE SYSTEMS, INC.
By:
/s/ Paul Bento
Name:
Paul Bento
Title:
Vice President - Law
TRIQUINT SEMICONDUCTOR, INC.
By:
/s/ Fabian Oscar Mousalve Agraz
Name:
Fabian Oscar Mousalve Agraz
Title:
Attorney-in-Fact
AGERE SYSTEMS DE MEXICO S.R.L. DE C.V.
By:
/s/ Raymond A.
_____________
dt 1459872
;
TriQuint
As referenced in this Equity Purchase Agreement:
TriQuint Semiconductor, Inc. – 2, 2003 (the "Agreement"), is entered into by and among Agere Systems Inc. ("Agere"), Agere Systems International, LLC ("International") (Agere and International are sometimes collectively referred to herein as "Sellers"), TriQuint Semiconductor, Inc. ("TriQuint"), TriQuint International Holding Co. ("Holding Co."), TriQuint International Holding LLC ("Holding LLC") (Holding Co. and Holding LLC are sometimes collectively referred to herein as "Buyers"), and Agere Systems
_____________
TRIQUINT SEMICONDUCTOR, INC. – WHEREOF, the parties have executed this Equity Purchase Agreement as of the date set forth above.
AGERE SYSTEMS, INC.
By:
/s/ Paul Bento
Name:
Paul Bento
Title:
Vice President - Law
TRIQUINT SEMICONDUCTOR, INC.
By:
/s/ Fabian Oscar Mousalve Agraz
Name:
Fabian Oscar Mousalve Agraz
Title:
Attorney-in-Fact
AGERE SYSTEMS DE MEXICO S.R.L. DE C.V.
By:
/s/ Raymond A.
_____________
dt 1459896
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Full Doc
| 2003 |
Asset Purchase Agreement
Asset Purchase Agreement (182K)
Doc #108627: Click preview link for longer preview.
ASSET PURCHASE AGREEMENT
By and between
AGERE SYSTEMS INC.
As Seller
And
TRIQUINT SEMICONDUCTOR, INC.
As Buyer
Dated as of October 21, 2002
TABLE OF CONTENTS
1.
Definitions
1.1
Defined . . .
108627
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Agere Systems
As referenced in this Asset Purchase Agreement:
AGERE SYSTEMS –
EX-2.1 3 a2100871zex-2_1.htm EXHIBIT 2.1
EXHIBIT 2.1
ASSET PURCHASE AGREEMENT
By and between
AGERE SYSTEMS INC.
As Seller
And
TRIQUINT SEMICONDUCTOR, INC.
As Buyer
Dated as of October 21, 2002
TABLE OF CONTENTS
1.
Definitions
1.1
Defined
_____________
Agere Systems' – Employees
5.5
Collateral Agreements; Leased Equipment
5.6
Reasonable Commercial Efforts
5.7
Contacts with Suppliers and Customers
5.8
Use of Agere Systems' Name
5.9
Non-Solicitation or Hiring of Transferred Employees
5.10
No Negotiation or Solicitation
5.11
Non-Competition
5.12
_____________
AGERE SYSTEMS – of Transition Services Agreement
iv
ASSET PURCHASE AGREEMENT
THIS ASSET PURCHASE AGREEMENT ("Agreement") is made as of October 21, 2002 by and between AGERE SYSTEMS INC., a Delaware corporation ("Seller" or "Agere"), with offices at 1110 American Parkway NE, Allentown, PA 18109 and TRIQUINT SEMICONDUCTOR, INC., a Delaware
_____________
"Agere Systems" – ending on or before the Closing Date;
(d) subject to Section 5.8, any rights to, or the use of, the "Agere," or "Agere Systems" trademarks;
(e) the Excluded Contracts, the Nonassignable Licenses and the Excluded Leased Equipment;
(f) any insurance policies or rights of proceeds thereof;
(
_____________
Agere Systems – Plan") to provide for the receipt of Transferred Employees' lump sum cash distributions, in the form of an eligible rollover distribution from the Agere Systems Inc. Management 401(k) Plan, provided such rollovers are made at the election of the Transferred Employees and in accordance with the terms
_____________
dt 220167
;
Agere Systems
As referenced in this Asset Purchase Agreement:
AGERE SYSTEMS INC. –
EX-2.1 3 a2100871zex-2_1.htm EXHIBIT 2.1
EXHIBIT 2.1
ASSET PURCHASE AGREEMENT
By and between
AGERE SYSTEMS INC.
As Seller
And
TRIQUINT SEMICONDUCTOR, INC.
As Buyer
Dated as of October 21, 2002
TABLE OF CONTENTS
1.
Definitions
1.1
Defined Terms
1.2
Additional Defined Terms
1.
_____________
AGERE SYSTEMS INC. – Form of Supply Agreement
Exhibit F
Form of Transition Services Agreement
iv
ASSET PURCHASE AGREEMENT
THIS ASSET PURCHASE AGREEMENT ("Agreement") is made as of October 21, 2002 by and between AGERE SYSTEMS INC. , a Delaware corporation ("Seller" or "Agere"), with offices at 1110 American Parkway NE, Allentown, PA 18109 and TRIQUINT SEMICONDUCTOR, INC., a Delaware corporation ("Buyer"), with offices at 2300 NE
_____________
Agere Systems Inc. – k) of the Code (the "Buyer Savings Plan") to provide for the receipt of Transferred Employees' lump sum cash distributions, in the form of an eligible rollover distribution from the Agere Systems Inc. Management 401(k) Plan, provided such rollovers are made at the election of the Transferred Employees and in accordance with the terms of the Buyer Savings Plan. Seller shall
_____________
Agere Systems Inc. – 401(k) Plan, provided such rollovers are made at the election of the Transferred Employees and in accordance with the terms of the Buyer Savings Plan. Seller shall cause the Agere Systems Inc. Management 401(k) Plan to permit the Transferred Employees to elect a lump sum cash distribution of benefits accrued through the Closing Date in accordance with the Code.
39
(
_____________
Agere Systems Inc. – receipt confirmed, or (iv) delivered personally, addressed as follows or to such other address or addresses of which the respective party shall have notified the other.
If to Seller, to:
Agere Systems Inc.
Attn: Executive Vice President, Infrastructure Systems
1110 American Parkway NE
Allentown, PA 18109
United States of America
Facsimile: (610) 712-5336
With a copy to:
Agere Systems Inc.
Attn:
_____________
dt 1457318
;
|
Lucent
As referenced in this Asset Purchase Agreement:
Lucent Technologies Inc. – foregoing shall not be deemed to apply to the patent applications that Seller is assigning to Buyer pursuant to the Intellectual Property Agreement.
(g) In connection with the separation of Lucent Technologies Inc. ("Lucent") from AT&T Corp., Lucent and AT&T Corp. executed and delivered patent assignments. The
28
ownership of patents, as between Lucent and AT&T
_____________
dt 1441889
;
More... |
| Preview
Full Doc
| 2003 |
Purchase Agreement [Products]
Purchase Agreement [Products] (34K)
Doc #108629: Click preview link for longer preview.
TERMS AND CONDITIONS OF PURCHASE AGREEMENT - GOODS
1. DEFINITIONS
A. "Hazardous Materials" are or contain dangerous goods, chemicals, contaminants, substances, pollutants, or any other materials that are defined as hazardous by relevant local, state, national, or international law, regulations, and standards.
B. "Items" means the goods that Supplier is to provide to Buyer as set forth on Addendum A. Any Item that is custom made for Buyer shall be indicated by an asterisk (*) on Addendum A.
C. "Purchase Order" is Buyer's document setting forth specific line Items ordered and Release information.
D. "Release" means Buyer's authorization to Supplier to ship in accordance with the Buyer's Purchase Order, and authorizing Supplier to ship a definite quantity of Items to a specified schedule. The Release is contained in the Purchase Order sent to Supplier.
2. TERM OF AGREEMENT
A. The term of this Agreement shall begin on the Effective Date and continue to the Expiration Date.
B. At Buyer's option, Items may be scheduled for delivery up to three (3) months following expiration of this Agreement.
3. PRICING
A. Prices set forth on Addendum A shall remain fixed for the initial term of this Agreement. The parties may substitute a revised Addendum A at any time by each signing a dated copy that shall from such date be the effective Addendum A.
108629
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Agere Systems
As referenced in this Purchase Agreement [Products]:
Agere Systems – Part I, and "Supplier" when referring to the products listed on Addendum A, Part II)
2300 NE Brookwood Parkway
Hillsboro, OR 97124
AGERE:
Agere Systems Inc.(and all of its subsidiaries, hereinafter "Buyer" when referring to the products listed on Addendum A, Part II, and "Supplier" when referring
_____________
AGERE SYSTEMS – documents are hereby deemed to be material alterations and notice of objection to and rejection of them is hereby given.
TRIQUINT SEMICONDUCTOR, INC.
AGERE SYSTEMS INC.
Signature:
/s/ Raymond A. Link
Signature:
/s/ Paul Bento
Printed Name:
Raymond A. Link
Printed Name:
Paul Bento
Title:
Vice President - Finance
_____________
dt 220168
;
Agere Systems
As referenced in this Purchase Agreement [Products]:
Agere Systems Inc. – to the products listed on Addendum A, Part I, and "Supplier" when referring to the products listed on Addendum A, Part II)
2300 NE Brookwood Parkway
Hillsboro, OR 97124
AGERE:
Agere Systems Inc. (and all of its subsidiaries, hereinafter "Buyer" when referring to the products listed on Addendum A, Part II, and "Supplier" when referring to the products listed on Addendum A,
_____________
AGERE SYSTEMS INC. – additional or different terms in Supplier's documents are hereby deemed to be material alterations and notice of objection to and rejection of them is hereby given.
TRIQUINT SEMICONDUCTOR, INC.
AGERE SYSTEMS INC.
Signature:
/s/ Raymond A. Link
Signature:
/s/ Paul Bento
Printed Name:
Raymond A. Link
Printed Name:
Paul Bento
Title:
Vice President - Finance and
Title:
Vice President - Law
Administration, Chief
_____________
dt 1457319
;
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