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Exhibit 4.5
Limited
Waiver
Whereas, Acquicor
Technology, Inc. , a
Delaware corporation (the “ Company ”),
has entered into a Purchase Agreement (the “ Purchase
Agreement ”) dated as of December 18, 2006 with CRT
Capital Group LLC and Needham & Company, LLC (the “
Initial Purchasers ”) pursuant to which the
Company intends to issue 8% Senior Convertible Notes Due 2011 (the
“ Notes ”);
Whereas,
the undersigned holders of the
Company’s securities (each a “ Holder
” and collectively, the “ Holders
”) may have certain piggy-back registration rights pursuant
to (i) Section 2.2 of that certain Private Placement Unit Purchase
Agreement dated March 8, 2006 among the Company, ThinkEquity
Partners LLC and the purchasers on Exhibit A thereto; (ii)
Section 7.2 of that certain Registration Rights Agreement dated
March 8, 2006 among the Company and the insiders listed on
Exhibit A thereto; or (iii) Section 5.2 of those certain Unit
Purchase Options initially issued to ThinkEquity Partners, LLC in
connection with the Company’s initial public offering
(collectively, the “ Piggy-Back Rights
”); and
Whereas
, as a condition to the purchase of
the Notes, the Company is required to enter into a registration
rights agreement with the Initial Purchasers for the benefit of the
holders of the Notes (the “ New Rights
Agreement ”).
Now,
Therefore , in
consideration of the benefits each Holder will receive from the
purchase of the Notes as a holder of securities of the Company,
each Holder, intending to be legally bound, hereby agrees as
follows:
1. Waiver of
Piggy-Back Rights .
Each Holder hereby waives any and all
Piggy-Back Rights possessed by it in connecti
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