Exhibit 10.5
SEVERANCE AGREEMENT
WHEREAS , on October 27, 2006 TTM acquired substantially all of the assets of the Tyco
Printed Circuit Group business unit (“ TPCG ”) of Tyco International Ltd. (the “ Acquisition ”).
WHEREAS , TTM recognizes that the Acquisition may give rise to uncertainty among certain
members of the TCPG senior management team, and TTM considers it in its best interests to
reduce the risk of the Employee’s departure and the inevitable distraction of the Employee’s
attention from his or her duties to TTM, which are normally attendant to such uncertainties.
WHEREAS, the Employee confirms that the terms of this Agreement reduce the risks of his or
her departure and distraction of his or her attention from his or her duties to TTM and, accordingly,
desires to enter into this Agreement.
NOW, THEREFORE , for good and valuable consideration, the Employee and TTM hereby
agree as follows:
1. Definitions.
(a) Cause . For purposes of this Agreement, the term “ Cause ” shall mean incompetent
performance or substantial or continuing inattention to or neglect of the duties and responsibilities
assigned to the Employee as determined by the Employee’s current supervisor, with the
concurrence of the Human Resources department; fraud, misappropriation or embezzlement
involving TTM or any of its affiliates; a material breach of TTM’s policies, this Agreement or any
other agreement between the Employee and TTM (or any of its affiliates); or commission of any
felony.
(b) Closing: Closing Date . For purposes of this agreement, “ Closing ” shall have the
meaning described in that certain Stock and Asset Purchase Agreement by and among Tyco
Printed Circuit Group, L.P., Tyco Electronics Corporation, Raychem International, Tyco Kappa
Limited, Tyco Electronics Logistics AG and TTM (Ozarks) Acquisition, Inc dated as of August 2,
2006 (the “ Purchase Agreement ”). The date on which the Closing occurs is October 27, 2006 (the
“ Closing Date ”