EXHIBIT 10.24
CONFIDENTIAL MATERIALS OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND
EXCHANGE COMMISSION. THE LOCATIONS OF THE OMITTED MATERIALS ARE INDICATED
BY THE FOLLOWING NOTATION: [***].
Agreement
Sanken Electric Co., Ltd. ("Sanken") and Allegro MicroSystems, Inc.
("Allegro") agreed as follows concerning the certain terms of the Licensing
Agreement for "Allegro Trademark" dated on December 28, 2006.
WITNESSETH
1. Sanken and Allegro shall share the consideration for this agreement in
Article 3 ([***]) by splitting fifty-fifty.
2. Allegro shall reimburse to Sanken the Allegro's portion of the consideration
in the preceding paragraph ([***]), of which Sanken shall pay to
Sharp on behalf of Allegro, in the way to be discussed and agreed with Sanken.
In witness whereof, this Agreement has been prepared by Sanken and Allegro, the
both party shall each retain one part.
December 28, 2006
Sanken 3-6-3, Xxxxxx, Xxxx-shi, Saitama
Sanken Electric Co., Ltd.
/s/ Hirohito Sekine
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Hirohito Sekine
Director and Executive Vice President
Allegro 000 Xxxxxxxxx Xxxxxx, Xxxxxxxxx,
Xxxxxxxxxxxxx 00000
Allegro MicroSystems, Inc.
/s/ Xxxx Xxxxxxxx
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Vice President and General Counsel
Xxxx Xxxxxxxx