0001178913-08-002577 Sample Contracts

ASSUMPTION AGREEMENT
Assumption Agreement • October 2nd, 2008 • Tower Semiconductor LTD • Semiconductors & related devices • New York

This Assumption Agreement (this “Assumption Agreement”) is entered into as of September 19, 2008, by and among Jazz Technologies, Inc. (previously named Acquicor Technology Inc.), a Delaware corporation (the “Company”), Tower Semiconductor Ltd., an Israel company (“Parent”), and Continental Stock Transfer & Trust Company, a New York corporation (the “Warrant Agent”).

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