-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JtmeW6aF6mEUcHvTnCXDhxdzFaQrh9DHW1p55SY5vYLCcmXusmmpIL8RANMDAlvr RRkLK6EItxbzO899xhqGWA== 0000904900-97-000018.txt : 19970520 0000904900-97-000018.hdr.sgml : 19970520 ACCESSION NUMBER: 0000904900-97-000018 CONFORMED SUBMISSION TYPE: 10-Q/A PUBLIC DOCUMENT COUNT: 8 CONFORMED PERIOD OF REPORT: 19970331 FILED AS OF DATE: 19970515 SROS: NYSE FILER: COMPANY DATA: COMPANY CONFORMED NAME: BERG ELECTRONICS CORP /DE/ CENTRAL INDEX KEY: 0000904900 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC CONNECTORS [3678] IRS NUMBER: 752451903 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q/A SEC ACT: 1934 Act SEC FILE NUMBER: 033-62550-01 FILM NUMBER: 97608826 BUSINESS ADDRESS: STREET 1: 101 S HANLEY RD CITY: ST LOUIS STATE: MO ZIP: 63105 BUSINESS PHONE: 3147261323 MAIL ADDRESS: STREET 1: 101 S HANLEY RD STREET 2: STE 400 CITY: ST LOUIS STATE: MO ZIP: 63105 FORMER COMPANY: FORMER CONFORMED NAME: BERG ELECTRONICS CORP /DE/ DATE OF NAME CHANGE: 19951120 10-Q/A 1 SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q/A (Mark One) [X] QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 1997 ----------------------------------------------- OR [ ] TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to --------------------- --------------------- 1-14080 (Commission File Number) Berg Electronics Corp. (Exact name of Registrant as specified in charter) Delaware (State or other jurisdiction of incorporation or organization) 75-2451903 (I.R.S. Employer Identification No.) 101 South Hanley Road St. Louis, MO 63105 (314) 726-1323 (Address, including zip code, and telephone number, including area code, of registrant's principal executive offices) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports) and (2) has been subject to such filing requirements for the past 90 days. YES [X] NO [ ] Indicate the number of shares outstanding of each of the issuer's classes of common stock, as of the latest practicable date:
Outstanding at Class April 25, 1997 ------------------------------------- -------------- Common Stock 19,134,537 Class A Common Stock 1,384,291
PART II - OTHER INFORMATION Item 6. EXHIBITS AND REPORTS ON FORM 8-K (a) Exhibits Filed as Part of this Report Exhibit No. Description of Exhibit - ------- -------------------------------------------------------- 3.1 Certificate of Elimination of Series B Preferred Stock and Series D Preferred Stock of Berg Electronics Corp., dated September 11, 1996.* 3.2 [Item intentionally omitted.] 3.3 Certificate of Incorporation of Berg Electronics Corp. f/k/a Berg Electronics Group, Inc.; f/k/a Berg Electronics Holdings Corp.; f/k/a Berg CS Holdings, Inc. together with amendments thereto.(1) 3.4 Certificate of Amendment to Certificate of Incorporation, dated February 29, 1996, of Berg Electronics Corp. (2) 3.5 Bylaws of Berg Electronics Corp. (1) 10.1** First Amendment to the Amended and Restated Executive Employment Agreement, dated as of August 5, 1996, by and among James N. Mills, Berg Electronics Corp., Berg Electronics Group, Inc. and certain of its subsidiaries.* 10.2** First Amendment to the Amended and Restated Executive Employment Agreement, dated as of August 5, 1996, by and among David M. Sindelar, Berg Electronics Corp., Berg Electronics Group, Inc. and certain of its subsidiaries.* 10.3** First Amendment to the Amended and Restated Executive Employment Agreement, dated as of August 5, 1996, by and among W. Thomas McGhee, Berg Electronics Corp., Berg Electronics Group, Inc. and certain of its subsidiaries.* 10.4** First Amendment to the Amended and Restated Executive Employment Agreement, dated as of August 5, 1996, by and among Larry S. Bacon, Berg Electronics Corp., Berg Electronics Group, Inc. and certain of its subsidiaries.* 10.5** Amendment to the Amended and Restated Executive Employment Agreement, dated as of January 1, 1997, by and among Robert N. Mills, Berg Electronics Corp., Berg Electronics Group, Inc. and certain of its subsidiaries.* 10.6** Amendment to the Amended and Restated Executive Employment Agreement, dated as of January 1, 1997, by and among Timothy L. Conlon, Berg Electronics Corp.and Berg Electronics Group, Inc.* 11.0 Computation of Net Earnings (Loss) Per Share. (3) (1) Filed previously as an exhibit to the Registration Statement of Berg Electronics Corp. on Form S-1, Registration No. 33-98240, and incorporated by reference herein. (2) Filed previously as an exhibit to the Berg Electronics Corp. Form 10-K for the fiscal year ended December 31, 1995, and incorporated by reference herein. (3) Filed previously as an exhibit to the Berg Electronics Corp. Form 10-Q for the quarter ended March 31, 1997, and incorporated by reference herein. * Filed herewith. ** Indicates a management contract or compensatory plan or arrangement.
SIGNATURES Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. BERG ELECTRONICS CORP. Dated: May 15, 1997 By: /s/ JOSEPH S. CATANZARO ------------------------------- Name: Joseph S. Catanzaro Title: Chief Accounting Officer
Exhibit No. Description of Exhibit - ------- -------------------------------------------------------- 3.1 Certificate of Elimination of Series B Preferred Stock and Series D Preferred Stock of Berg Electronics Corp., dated September 11, 1996.* 3.2 [Item intentionally omitted.] 3.3 Certificate of Incorporation of Berg Electronics Corp. f/k/a Berg Electronics Group, Inc.; f/k/a Berg Electronics Holdings Corp.; f/k/a Berg CS Holdings, Inc. together with amendments thereto.(1) 3.4 Certificate of Amendment to Certificate of Incorporation, dated February 29, 1996, of Berg Electronics Corp. (2) 3.5 Bylaws of Berg Electronics Corp. (1) 10.1** First Amendment to the Amended and Restated Executive Employment Agreement, dated as of August 5, 1996, by and among James N. Mills, Berg Electronics Corp., Berg Electronics Group, Inc. and certain of its subsidiaries.* 10.2** First Amendment to the Amended and Restated Executive Employment Agreement, dated as of August 5, 1996, by and among David M. Sindelar, Berg Electronics Corp., Berg Electronics Group, Inc. and certain of its subsidiaries.* 10.3** First Amendment to the Amended and Restated Executive Employment Agreement, dated as of August 5, 1996, by and among W. Thomas McGhee, Berg Electronics Corp., Berg Electronics Group, Inc. and certain of its subsidiaries.* 10.4** First Amendment to the Amended and Restated Executive Employment Agreement, dated as of August 5, 1996, by and among Larry S. Bacon, Berg Electronics Corp., Berg Electronics Group, Inc. and certain of its subsidiaries.* 10.5** Amendment to the Amended and Restated Executive Employment Agreement, dated as of January 1, 1997, by and among Robert N. Mills, Berg Electronics Corp., Berg Electronics Group, Inc. and certain of its subsidiaries.* 10.6** Amendment to the Amended and Restated Executive Employment Agreement, dated as of January 1, 1997, by and among Timothy L. Conlon, Berg Electronics Corp.and Berg Electronics Group, Inc.* 11.0 Computation of Net Earnings (Loss) Per Share.(3) (1) Filed previously as an exhibit to the Registration Statement of Berg Electronics Corp. on Form S-1, Registration No. 33-98240, and incorporated by reference herein. (2) Filed previously as an exhibit to the Berg Electronics Corp. Form 10-K for the fiscal year ended December 31, 1995, and incorporated by reference herein. (3) Filed previously as an exhibit to the Berg Electronics Corp. Form 10-Q for the quarter ended March 31, 1997, and incorporated by reference herein. * Filed herewith. ** Indicates a management contract or compensatory plan or arrangement.
EX-3.1 2 CERTIFICATE OF ELIMINATION EXHIBIT 3.1 CERTIFICATE OF ELIMINATION OF SERIES B PREFERRED STOCK AND SERIES D PREFERRED STOCK OF BERG ELECTRONICS CORP. (Pursuant to Section 151(g) of the General Corporation Law of the State of Delaware) Berg Electronics Corp., a Delaware corporation (the "Corporation"), pursuant to the provisions of Section 151(g) of the Delaware General Corporation Law (the "DGCL"), does hereby make this Certificate of Elimination and certify that pursuant to the authority expressly vested in the Board of Directors of the Corporation by the Amended Certificate of Incorporation, as amended (the "Certificate of Incorporation"), the Board of Directors of the Corporation, by unanimous written consent dated August 31, 1996, duly approved and adopted the following resolutions: WHEREAS, pursuant to Article FOURTH of the Certificate of Incorporation (which authorizes 28,500,000 shares of Preferred Stock, $.01 par value), the Corporation filed (i) a Certificate of Designations of the Corporation dated February 26, 1993, as amended by the Certificate of Amendment of the Corporation dated April 27, 1993,respecting 5,000,000 shares (of which 2,029,188 have been issued and subsequently reacquired by the Corporation) of Series B Preferred Stock (the "Series B Preferred") and (ii) a Certificate of Designations dated April 28, 1993, as amended by the Certificate of Decrease of the Corporation dated September 27, 1993, respecting 7,000,000 shares (of which 2,278,809 shares have been issued and subsequently reacquired by the Corporation) of Series D Preferred Stock (the "Series D Preferred"). NOW, THEREFORE, BE IT RESOLVED, that none of the authorized shares of Series B Preferred and none of the authorized shares of Series D Preferred are outstanding and none of the authorized shares of Series B Preferred and none of the authorized shares of Series D Preferred will be issued subject to the Certificate of Designations of the Corporation dated February 26, 1993, as amended by the Certificate of Amendment of the Corporation dated April 27, 1993 (the "Series B Certificate of Designations") and the Certificate of Designations dated April 28, 1993, as amended by the Certificate of Decrease of the Corporation dated September 27, 1993 (the "Series D Certificate of Designations"), respectively; and FURTHER RESOLVED, that the President, any Vice President and the Secretary of the Corporation, any one of whom may act without the joinder of any of the others, are hereby authorized, empowered and directed to file with the Secretary of State of the State of Delaware a certificate pursuant to Section 151(g) of the DGCL, in the name and on behalf of the Corporation, setting forth these resolutions to eliminate from the Corporation's Certificate of Incorporation all matters set forth in the Series B Certificate of Designations and the Series D Certificate of Designations with respect to the Series B Preferred and the Series D Preferred, respectively. (REMAINDER OF PAGE INTENTIONALLY LEFT BLANK) IN WITNESS WHEREOF, Berg Electronics Corp. has caused this Certificate of Elimination to be signed on behalf of the Corporation by David M. Sindelar, as Senior Vice President and Chief Financial Officer, this 11th day of September, 1996. BERG ELECTRONICS CORP. /s/ DAVID M. SINDELAR ________________________________ David M. Sindelar Senior Vice President and Chief Financial Officer EX-10.1 3 EMPLOYMENT AGREEMENT EXHIBIT 10.1 FIRST AMENDMENT TO THE AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT ------------------------------ This First Amendment (the "Amendment") is made and entered into as of the 5th day of August, 1996 and amends that certain Amended and Restated Executive Employment Agreement made and entered into as of February 1, 1996 (the "Agreement") by and among Berg Electronics Corp. ("Berg"); Berg Electronics Group, Inc.; Harbor Electronics, Inc.; Berg Employment Company; Specialty Connector Company; Socket Express, Inc.; Berg Technology, Inc.; Berg Holdings U.S., Inc.; Berg Electronics Korea Ltd.; Berg Electronics B.V.; Berg Electronics Manufacturing B.V.; Berg Electronics Distributor B.V.; Berg Connector Systems S.L.; Berg Connector Systems GmbH; Bergtronics, O.y.; Berg Electronics, s.r.l.; Berg Electronics Canada, Inc.; Berg Electronics Hong Kong Limited; Berg Electronics Singapore PTE Ltd.; Berg Electronics S.A. (France); CBOS Electronics, A.B.; Berg Electronics, S.A. (Switzerland); Connector Systems Limited; TVS Berg Ltd.; Berg Electronics Taiwan Ltd.; Berg Electronics Japan K.K.; Berg Electronics Engineering, K.K.; Berg Electronics China Ltd.; Berg Electronics Nantong, Ltd.; Connector Systems (U.S.) Inc.; and Connector Systems Technology, N.V. (all, including Berg, collectively called "Employer"), and James N. Mills ("Employee"). W I T N E S S E T H : WHEREAS, Employer and Employee previously entered into the Agreement dated as of February 1, 1996; and WHEREAS, Employer and Employee desire to amend the terms of the Agreement as set forth herein. NOW, THEREFORE, Employee and Employer, in consideration of the agreements, covenants and conditions herein, hereby agree that the Agreement is hereby amended as follows: I. Section 2(b) entitled Bonus is hereby deleted in its entirety and the following provision is inserted in lieu thereof: (b) Bonus. During the Employment Period, Employee shall be eligible to receive an annual bonus (payable by the Employer) based upon Berg achieving certain earnings per share objectives based on Berg's consolidated fiscal year results. This bonus shall be payable in cash incentive awards (and restrictive stock if certain levels are achieved) to Employee to the extent that actual consolidated earnings per share results meet or exceed certain target performance levels which shall be established by the Compensation and Stock Option Committee (the "Committee") of the Board of Directors in accordance with the Compensation Policy adopted by the Committee as of the 5th day of August, 1996, and as amended from time to time. To the extent that Berg attains or exceeds a targeted performance level, Employee is entitled to receive a cash incentive award (and an award of restrictive stock for achieving results at or above an exceptional level of earnings per share performance). Such bonuses are based upon the performance level as established from time to time by the Committee. However, in addition, an exceptional earnings per share performance may produce an exceptional short term incentive pay out at the option of the Committee. Other than the above deletion and replacement, the Agreement shall remain in full force and effect and unamended. IN WITNESS WHEREOF, the parties have executed this Amendment to the Agreement as of the date first above written. EMPLOYER: EMPLOYEE: BERG ELECTRONICS CORP. By: /s/ DAVID M. SINDELAR By: /s/ JAMES N. MILLS ---------------------------------- ------------------------------- David M. Sindelar, Vice President James N. Mills BERG ELECTRONICS GROUP, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President HARBOR ELECTRONICS, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG EMPLOYMENT COMPANY By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President SPECIALTY CONNECTOR COMPANY By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President SOCKET EXPRESS, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG TECHNOLOGY, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG HOLDINGS U.S., INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS KOREA LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS B.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS MANUFACTURING B.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS DISTRIBUTOR B.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG CONNECTOR SYSTEMS S.L. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG CONNECTOR SYSTEMS GMBH By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERGTRONICS O.Y. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS S.R.L. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS CANADA, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS HONG KONG LIMITED By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS SINGAPORE PTE LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS S.A. (France) By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CBOS ELECTRONICS, A.B. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS, S.A. (Switzerland) By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CONNECTOR SYSTEMS LIMITED By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President TVS BERG LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS TAIWAN LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS JAPAN K.K. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS ENGINEERING, K.K. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS CHINA LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS NANTONG, LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CONNECTOR SYSTEMS (U.S.), INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CONNECTOR SYSTEMS TECHNOLOGY, N.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President EX-10.2 4 EMPLOYMENT AGREEMENT EXHIBIT 10.2 FIRST AMENDMENT TO THE AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT ------------------------------ This First Amendment (the "Amendment") is made and entered into as of the 5th day of August, 1996 and amends that certain Amended and Restated Executive Employment Agreement made and entered into as of February 1, 1996 (the "Agreement") by and among Berg Electronics Corp. ("Berg"); Berg Electronics Group, Inc.; Harbor Electronics, Inc.; Berg Employment Company; Specialty Connector Company; Socket Express, Inc.; Berg Technology, Inc.; Berg Holdings U.S., Inc.; Berg Electronics Korea Ltd.; Berg Electronics B.V.; Berg Electronics Manufacturing B.V.; Berg Electronics Distributor B.V.; Berg Connector Systems S.L.; Berg Connector Systems GmbH; Bergtronics, O.y.; Berg Electronics, s.r.l.; Berg Electronics Canada, Inc.; Berg Electronics Hong Kong Limited; Berg Electronics Singapore PTE Ltd.; Berg Electronics S.A. (France); CBOS Electronics, A.B.; Berg Electronics, S.A. (Switzerland); Connector Systems Limited; TVS Berg Ltd.; Berg Electronics Taiwan Ltd.; Berg Electronics Japan K.K.; Berg Electronics Engineering, K.K.; Berg Electronics China Ltd.; Berg Electronics Nantong, Ltd.; Connector Systems (U.S.) Inc.; and Connector Systems Technology, N.V. (all, including Berg, collectively called "Employer"), and David M. Sindelar ("Employee"). W I T N E S S E T H : WHEREAS, Employer and Employee previously entered into the Agreement dated as of February 1, 1996; and WHEREAS, Employer and Employee desire to amend the terms of the Agreement as set forth herein. NOW, THEREFORE, Employee and Employer, in consideration of the agreements, covenants and conditions herein, hereby agree that the Agreement is hereby amended as follows: I. Section 2(b) entitled Bonus is hereby deleted in its entirety and the following provision is inserted in lieu thereof: b) Bonus. During the Employment Period, Employee shall be eligible to receive an annual bonus (payable by the Employer) based upon Berg achieving certain earnings per share objectives based on Berg's consolidated fiscal year results. This bonus shall be payable in cash incentive awards (and restrictive stock if certain levels are achieved) to Employee to the extent that actual consolidated earnings per share results meet or exceed certain target performance levels which shall be established by the Compensation and Stock Option Committee (the "Committee") of the Board of Directors in accordance with the Compensation Policy adopted by the Committee as of the 5th day of August, 1996, and as amended from time to time. To the extent that Berg attains or exceeds a targeted performance level, Employee is entitled to receive a cash incentive award (and an award of restrictive stock for achieving results at or above an exceptional level of earnings per share performance). Such bonuses are based upon the performance level as established from time to time by the Committee. However, in addition, an exceptional earnings per share performance may produce an exceptional short term incentive pay out at the option of the Committee. Other than the above deletion and replacement, the Agreement shall remain in full force and effect and unamended. IN WITNESS WHEREOF, the parties have executed this Amendment to the Agreement as of the date first above written. EMPLOYER: EMPLOYEE: BERG ELECTRONICS CORP. By: /s/ JAMES N. MILLS By: /s/ DAVID M. SINDELAR ---------------------------------- ------------------------------- James N. Mills, Chairman David M. Sindelar BERG ELECTRONICS GROUP, INC. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman HARBOR ELECTRONICS, INC. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG EMPLOYMENT COMPANY By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman SPECIALTY CONNECTOR COMPANY By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman SOCKET EXPRESS, INC. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG TECHNOLOGY, INC. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG HOLDINGS U.S., INC. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS KOREA LTD. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS B.V. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS MANUFACTURING B.V. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS DISTRIBUTOR B.V. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG CONNECTOR SYSTEMS S.L. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG CONNECTOR SYSTEMS GMBH By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERGTRONICS O.Y. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS S.R.L. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS CANADA, INC. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS HONG KONG LIMITED By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS SINGAPORE PTE LTD. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS S.A. (France) By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman CBOS ELECTRONICS, A.B. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS, S.A. (Switzerland) By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman CONNECTOR SYSTEMS LIMITED By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman TVS BERG LTD. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS TAIWAN LTD. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS JAPAN K.K. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS ENGINEERING, K.K. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS CHINA LTD. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman BERG ELECTRONICS NANTONG, LTD. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman CONNECTOR SYSTEMS (U.S.), INC. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman CONNECTOR SYSTEMS TECHNOLOGY, N.V. By: /s/ JAMES N. MILLS ---------------------------------- James N. Mills, Chairman EX-10.3 5 EMPLOYMENT AGREEMENT EXHIBIT 10.3 FIRST AMENDMENT TO THE AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT ------------------------------ This First Amendment (the "Amendment") is made and entered into as of the 5th day of August, 1996 and amends that certain Amended and Restated Executive Employment Agreement made and entered into as of February 1, 1996 (the "Agreement") by and among Berg Electronics Corp. ("Berg"); Berg Electronics Group, Inc.; Harbor Electronics, Inc.; Berg Employment Company; Specialty Connector Company; Socket Express, Inc.; Berg Technology, Inc.; Berg Holdings U.S., Inc.; Berg Electronics Korea Ltd.; Berg Electronics B.V.; Berg Electronics Manufacturing B.V.; Berg Electronics Distributor B.V.; Berg Connector Systems S.L.; Berg Connector Systems GmbH; Bergtronics, O.y.; Berg Electronics, s.r.l.; Berg Electronics Canada, Inc.; Berg Electronics Hong Kong Limited; Berg Electronics Singapore PTE Ltd.; Berg Electronics S.A. (France); CBOS Electronics, A.B.; Berg Electronics, S.A. (Switzerland); Connector Systems Limited; TVS Berg Ltd.; Berg Electronics Taiwan Ltd.; Berg Electronics Japan K.K.; Berg Electronics Engineering, K.K.; Berg Electronics China Ltd.; Berg Electronics Nantong, Ltd.; Connector Systems (U.S.) Inc.; and Connector Systems Technology, N.V. (all, including Berg, collectively called "Employer"), and W. Thomas McGhee ("Employee"). W I T N E S S E T H : WHEREAS, Employer and Employee previously entered into the Agreement dated as of February 1, 1996; and WHEREAS, Employer and Employee desire to amend the terms of the Agreement as set forth herein. NOW, THEREFORE, Employee and Employer, in consideration of the agreements, covenants and conditions herein, hereby agree that the Agreement is hereby amended as follows: I. Section 2(b) entitled Bonus is hereby deleted in its entirety and the following provision is inserted in lieu thereof: b) Bonus. During the Employment Period, Employee shall be eligible to receive an annual bonus (payable by the Employer) based upon Berg achieving certain earnings per share objectives based on Berg's consolidated fiscal year results. This bonus shall be payable in cash incentive awards (and restrictive stock if certain levels are achieved) to Employee to the extent that actual consolidated earnings per share results meet or exceed certain target performance levels which shall be established by the Compensation and Stock Option Committee (the "Committee") of the Board of Directors in accordance with the Compensation Policy adopted by the Committee as of the 5th day of August, 1996, and as amended from time to time. To the extent that Berg attains or exceeds a targeted performance level, Employee is entitled to receive a cash incentive award (and an award of restrictive stock for achieving results at or above an exceptional level of earnings per share performance). Such bonuses are based upon the performance level as established from time to time by the Committee. However, in addition, an exceptional earnings per share performance may produce an exceptional short term incentive pay out at the option of the Committee. Other than the above deletion and replacement, the Agreement shall remain in full force and effect and unamended. IN WITNESS WHEREOF, the parties have executed this Amendment to the Agreement as of the date first above written. EMPLOYER: EMPLOYEE: BERG ELECTRONICS CORP. By: /s/ DAVID M. SINDELAR By: /s/ W. THOMAS MCGHEE ---------------------------------- ------------------------------ David M. Sindelar, Vice President W. Thomas McGhee BERG ELECTRONICS GROUP, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President HARBOR ELECTRONICS, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG EMPLOYMENT COMPANY By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President SPECIALTY CONNECTOR COMPANY By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President SOCKET EXPRESS, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG TECHNOLOGY, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG HOLDINGS U.S., INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS KOREA LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS B.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS MANUFACTURING B.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS DISTRIBUTOR B.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG CONNECTOR SYSTEMS S.L. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG CONNECTOR SYSTEMS GMBH By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERGTRONICS O.Y. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS S.R.L. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS CANADA, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS HONG KONG LIMITED By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS SINGAPORE PTE LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS S.A. (France) By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CBOS ELECTRONICS, A.B. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS, S.A. (Switzerland) By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CONNECTOR SYSTEMS LIMITED By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President TVS BERG LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS TAIWAN LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS JAPAN K.K. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS ENGINEERING, K.K. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS CHINA LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS NANTONG, LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CONNECTOR SYSTEMS (U.S.), INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CONNECTOR SYSTEMS TECHNOLOGY, N.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President EX-10.4 6 EMPLOYMENT AGREEMENT EXHIBIT 10.4 FIRST AMENDMENT TO THE AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT ------------------------------ This First Amendment (the "Amendment") is made and entered into as of the 5th day of August, 1996 and amends that certain Amended and Restated Executive Employment Agreement made and entered into as of February 1, 1996 (the "Agreement") by and among Berg Electronics Corp. ("Berg"); Berg Electronics Group, Inc.; Harbor Electronics, Inc.; Berg Employment Company; Specialty Connector Company; Socket Express, Inc.; Berg Technology, Inc.; Berg Holdings U.S., Inc.; Berg Electronics Korea Ltd.; Berg Electronics B.V.; Berg Electronics Manufacturing B.V.; Berg Electronics Distributor B.V.; Berg Connector Systems S.L.; Berg Connector Systems GmbH; Bergtronics, O.y.; Berg Electronics, s.r.l.; Berg Electronics Canada, Inc.; Berg Electronics Hong Kong Limited; Berg Electronics Singapore PTE Ltd.; Berg Electronics S.A. (France); CBOS Electronics, A.B.; Berg Electronics, S.A. (Switzerland); Connector Systems Limited; TVS Berg Ltd.; Berg Electronics Taiwan Ltd.; Berg Electronics Japan K.K.; Berg Electronics Engineering, K.K.; Berg Electronics China Ltd.; Berg Electronics Nantong, Ltd.; Connector Systems (U.S.) Inc.; and Connector Systems Technology, N.V. (all, including Berg, collectively called "Employer"), and Larry S. Bacon ("Employee"). W I T N E S S E T H : WHEREAS, Employer and Employee previously entered into the Agreement dated as of February 1, 1996; and WHEREAS, Employer and Employee desire to amend the terms of the Agreement as set forth herein. NOW, THEREFORE, Employee and Employer, in consideration of the agreements, covenants and conditions herein, hereby agree that the Agreement is hereby amended as follows: I. Section 2(b) entitled Bonus is hereby deleted in its entirety and the following provision is inserted in lieu thereof: b) Bonus. During the Employment Period, Employee shall be eligible to receive an annual bonus (payable by the Employer) based upon Berg achieving certain earnings per share objectives based on Berg's consolidated fiscal year results. This bonus shall be payable in cash incentive awards (and restrictive stock if certain levels are achieved) to Employee to the extent that actual consolidated earnings per share results meet or exceed certain target performance levels which shall be established by the Compensation and Stock Option Committee (the "Committee") of the Board of Directors in accordance with the Compensation Policy adopted by the Committee as of the 5th day of August, 1996, and as amended from time to time. To the extent that Berg attains or exceeds a targeted performance level, Employee is entitled to receive a cash incentive award (and an award of restrictive stock for achieving results at or above an exceptional level of earnings per share performance). Such bonuses are based upon the performance level as established from time to time by the Committee. However, in addition, an exceptional earnings per share performance may produce an exceptional short term incentive pay out at the option of the Committee. Other than the above deletion and replacement, the Agreement shall remain in full force and effect and unamended. IN WITNESS WHEREOF, the parties have executed this Amendment to the Agreement as of the date first above written. EMPLOYER: EMPLOYEE: BERG ELECTRONICS CORP. By: /s/ DAVID M. SINDELAR By: /s/ LARRY S. BACON ---------------------------------- ------------------------------- David M. Sindelar, Vice President Larry S. Bacon BERG ELECTRONICS GROUP, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President HARBOR ELECTRONICS, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG EMPLOYMENT COMPANY By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President SPECIALTY CONNECTOR COMPANY By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President SOCKET EXPRESS, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG TECHNOLOGY, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG HOLDINGS U.S., INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS KOREA LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS B.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS MANUFACTURING B.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS DISTRIBUTOR B.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG CONNECTOR SYSTEMS S.L. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG CONNECTOR SYSTEMS GMBH By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERGTRONICS O.Y. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS S.R.L. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS CANADA, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS HONG KONG LIMITED By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS SINGAPORE PTE LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS S.A. (France) By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CBOS ELECTRONICS, A.B. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS, S.A. (Switzerland) By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CONNECTOR SYSTEMS LIMITED By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President TVS BERG LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS TAIWAN LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS JAPAN K.K. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS ENGINEERING, K.K. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS CHINA LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS NANTONG, LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CONNECTOR SYSTEMS (U.S.), INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CONNECTOR SYSTEMS TECHNOLOGY, N.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President EX-10.5 7 EMPLOYMENT AGREEMENT EXHIBIT 10.5 AMENDMENT TO THE AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT ------------------------------ This Amendment to the Amended and Restated Executive Employment Agreement (the "Amendment") is made and entered into as of the 1st day of January, 1997 (the "Agreement") and hereby amends the Amended and Restated Executive Employment Agreement made and entered into as of February 1, 1996 (the "Prior Agreement") by and among Berg Electronics Corp. ("Berg"); Berg Electronics Group, Inc. ("Group"); Harbor Electronics, Inc.; Berg Employment Company; Specialty Connector Company; Socket Express, Inc.; Berg Technology, Inc.; Berg Holdings U.S., Inc.; Berg Electronics Korea Ltd.; Berg Electronics B.V.; Berg Electronics Manufacturing B.V.; Berg Electronics Distributor B.V.; Berg Connector Systems S.L.; Berg Connector Systems GmbH; Bergtronics, O.y.; Berg Electronics, s.r.l.; Berg Electronics Canada, Inc.; Berg Electronics Hong Kong Limited; Berg Electronics Singapore PTE Ltd.; Berg Electronics S.A. (France); CBOS Electronics, A.B.; Berg Electronics, S.A. (Switzerland); Connector Systems Limited; TVS Berg Ltd.; Berg Electronics Taiwan Ltd.; Berg Electronics Japan K.K.; Berg Electronics Engineering, K.K.; Berg Electronics China Ltd.; Berg Electronics Nantong, Ltd.; Connector Systems (U.S.) Inc.; and Connector Systems Technology, N.V. (all, including Berg and Group, collectively called "Employer"), and Robert N. Mills ("Employee"). W I T N E S S E T H : WHEREAS, Employer and Employee previously entered into the Agreement; WHEREAS, Employer and Employee desire to change the status of Employee; and, WHEREAS, both parties desire to continue the employment of Employee on a partial basis and both desire to appropriately memorialize the terms and conditions of such continued partial employment. NOW, THEREFORE, Employee and Employer, in consideration of the agreements, covenants and conditions herein, hereby agree that this Amendment replaces and supersedes the Prior Agreement and agree as follows: I. Section 1.(a) shall be deleted and the following shall be inserted in lieu thereof: a) Employment and Term. Employer hereby agrees to employ Employee (hereinafter referred to as the "Employment") as the Vice Chairman of the Board of Directors of Berg (the "Position"), and Employee agrees to be employed by Employer in such Position, for a period ending on February 28, 2001, unless terminated earlier as provided herein (the "Employment Period"). In the event that termination (as hereinafter provided) has not occurred prior to the last day of the Employment Period, unless either party shall have given written notice to the contrary at least ninety (90) days prior to the end of the Employment Period, the Employment Period shall annually renew for one (1) year periods until terminated. II. Section 2.(a) shall be deleted in its entirety and the following shall be inserted in lieu thereof: (a) Salary. Employer shall pay to Employee during the Employment Period a salary as basic compensation for the services to be rendered by Employee hereunder. The initial amount of such salary shall be One Hundred Thousand Dollars ($100,000) per annum. Such salary shall be reviewed by the Board of Directors of Berg (the "Board") and may be increased in the Board's sole discretion but may not be reduced. Such salary shall accrue and be payable in accordance with the payroll practices of Employer in effect from time to time. All such payments shall be subject to deduction and withholding authorized or required by applicable law. III. Section 2(b) entitled Bonus is hereby deleted in its entirety and the following provision is inserted in lieu thereof: (b) Bonus. During the Employment Period, Employee shall be eligible to receive an annual bonus (payable by the Employer) based upon Berg achieving certain earnings per share objectives based on Berg's consolidated fiscal year results. This bonus shall be payable in cash incentive awards (and restrictive stock if certain levels are achieved) to Employee to the extent that actual consolidated earnings per share results meet or exceed certain target performance levels which shall be established by the Compensation and Stock Option Committee (the "Committee") of the Board of Directors in accordance with the Compensation Policy adopted by the Committee as of the 5th day of August, 1996, and as amended from time to time. To the extent that Berg attains or exceeds a targeted performance level, Employee is entitled to receive a cash incentive award (and an award of restrictive stock for achieving results at or above an exceptional level of earnings per share performance). Such bonuses are based upon the performance level as established from time to time by the Committee. However, in addition, an exceptional earnings per share performance may produce an exceptional short term incentive pay out at the option of the Committee. Other than the above deletion and replacement, the Agreement shall remain in full force and effect and unamended. IN WITNESS WHEREOF, the parties hereto have executed and delivered this Agreement as of the date first above written. EMPLOYER: EMPLOYEE: BERG ELECTRONICS CORP. By: /s/ DAVID M. SINDELAR By: /s/ ROBERT N. MILLS ---------------------------------- ------------------------------- David M. Sindelar, Vice President Robert N. Mills BERG ELECTRONICS GROUP, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President HARBOR ELECTRONICS, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG EMPLOYMENT COMPANY By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President SPECIALTY CONNECTOR COMPANY By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President SOCKET EXPRESS, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG TECHNOLOGY, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG HOLDINGS U.S., INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS KOREA LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS B.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS MANUFACTURING B.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS DISTRIBUTOR B.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG CONNECTOR SYSTEMS S.L. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG CONNECTOR SYSTEMS GMBH By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERGTRONICS O.Y. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS S.R.L. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS CANADA, INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS HONG KONG LIMITED By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS SINGAPORE PTE LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS S.A. (France) By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CBOS ELECTRONICS, A.B. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS, S.A. (Switzerland) By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CONNECTOR SYSTEMS LIMITED By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President TVS BERG LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS TAIWAN LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS JAPAN K.K. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS ENGINEERING, K.K. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS CHINA LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President BERG ELECTRONICS NANTONG, LTD. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CONNECTOR SYSTEMS (U.S.), INC. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President CONNECTOR SYSTEMS TECHNOLOGY, N.V. By: /s/ DAVID M. SINDELAR ---------------------------------- David M. Sindelar, Vice President EX-10.6 8 EMPLOYMENT AGREEMENT EXHIBIT 10.6 FIRST AMENDMENT TO THE AMENDED AND RESTATED EXECUTIVE EMPLOYMENT AGREEMENT ------------------------------ This agreement is made and entered into as of January 1, 1997 by and among Berg Electronics Corp. ("Berg") and Berg Electronics Group, Inc. ("Group"); (both Berg and Group, collectively called "Employer"), and Timothy L. Conlon ("Employee"). W I T N E S S E T H : WHEREAS, Employer and Employee previously entered into an Amended and Restated Executive Employment Agreement dated as of February 1, 1996 (the "Prior Agreement"). WHEREAS, Employer desires to continue to retain the services of Employee upon the terms set forth herein; and, WHEREAS, Employee desires to continue to be employed by Employer and both desire to appropriately memorialize the terms and conditions of such continued employment. NOW, THEREFORE, Employee and Employer, in consideration of the agreements, covenants and conditions herein, hereby agree that this Agreement replaces and supersedes the Prior Agreement and agree as follows: I. Section 1(a) entitled Employment and Term is hereby deleted in its entirity and the following provisions inserted in lieu thereof: (a) Employment and Term. Employer hereby agrees to employ Employee (hereinafter referred to as the "Employment") as the President and Chief Operating Officer of Berg (the "Position"), and Employee agrees to be employed by Employer in such Position, for a period ending on February 28, 2001, unless terminated earlier as provided herein (the "Employment Period"). In the event that termination (as hereinafter provided) has not occurred prior to the last day of the Employment Period, unless either party shall have given written notice to the contrary at least ninety (90) days prior to the end of the Employment Period, the Employment Period shall annually renew for one (1) year periods until terminated. II. Section 2(a) entitled Salary is hereby deleted in its entirety and the following is inserted in lieu thereof: a) Salary. Employer shall pay to Employee during the Employment Period a salary as basic compensation for the services to be rendered by Employee hereunder. The initial amount of such salary shall be Four Hundred Thousand Dollars ($400,000) per annum. Such salary shall be reviewed by the Board of Directors of Berg (the "Board") and may be increased in the Board's sole discretion but may not be reduced. Such salary shall accrue and be payable in accordance with the payroll practices of Employer in effect from time to time. All such payments shall be subject to deduction and withholding authorized or required by applicable law. III. Section 2(b) entitled Bonus is hereby deleted in its entirety and the following provision is inserted in lieu thereof: (b) Bonus. During the Employment Period, Employee shall be eligible to receive an annual bonus (payable by the Employer) based upon Berg achieving certain earnings per share objectives based on Berg's consolidated fiscal year results. This bonus shall be payable in cash incentive awards (and restrictive stock if certain levels are achieved) to Employee to the extent that actual consolidated earnings per share results meet or exceed certain target performance levels which shall be established by the Compensation and Stock Option Committee (the "Committee") of the Board of Directors in accordance with the Compensation Policy adopted by the Committee as of the 5th day of August, 1996, and as amended from time to time. To the extent that Berg attains or exceeds a targeted performance level, Employee is entitled to receive a cash incentive award (and an award of restrictive stock for achieving results at or above an exceptional level of earnings per share performance). Such bonuses are based upon the performance level as established from time to time by the Committee. However, in addition, an exceptional earnings per share performance may produce an exceptional short term incentive pay out at the option of the Committee. Other than the above deletion and replacement, the Agreement shall remain in full force and effect and unamended. IN WITNESS WHEREOF, the parties hereto have executed and delivered this Agreement as of the date first above written. EMPLOYER: EMPLOYEE: BERG ELECTRONICS CORP. By: /s/ DAVID M. SINDELAR By: /s/ TIMOTHY L. CONLON ------------------------------- ------------------------------ David M. Sindelar, Timothy L. Conlon Senior Vice President BERG ELECTRONICS GROUP, INC. By: /s/ DAVID N. SINDELAR ------------------------------- David M. Sindelar, Senior Vice President -----END PRIVACY-ENHANCED MESSAGE-----