SunEdison Semiconductor Ltd - FORM S-1/A - March 4, 2014

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EX-10.2 - EX-10.2 - SunEdison Semiconductor Ltdd593877dex102.htm
EX-10.4 - EX-10.4 - SunEdison Semiconductor Ltdd593877dex104.htm

As filed with the Securities and Exchange Commission on March 4, 2014

No. 333-191052

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

AMENDMENT NO. 3

TO

FORM S-1

REGISTRATION STATEMENT

UNDER

THE SECURITIES ACT OF 1933

 

 

SUNEDISON SEMICONDUCTOR PTE. LTD.*

(Exact name of registrant as specified in its charter)

 

 

 

Singapore   3674   Not Applicable

(State or other jurisdiction

of incorporation or organization)

  

(Primary Standard Industrial

Classification Code Number)

  

(I.R.S. Employer

Identification No.)

11 Lorong 3 Toa Payoh

Singapore 319579

(65) 6681-9300

(Address, including zip code and telephone number, including area code, of registrant’s principal executive offices)

 

 

C T Corporation System

111 Eighth Avenue

New York, New York 10011

(212) 590-9070

(Name, address, including zip code and telephone number, including area code, of agent for service)

 

 

Copies of all communications, including communications sent to agent for service, should be sent to:

 

Dennis M. Myers

Kirkland & Ellis LLP

300 North LaSalle

Chicago, Illinois 60654

(312) 862-2000

  

Christopher L. Kaufman

Tad J. Freese

Latham & Watkins LLP

140 Scott Drive

Menlo Park, CA 94025

(650) 328-4600

 

 

Approximate date of commencement of proposed sale to the public: As soon as practicable after this Registration Statement becomes effective.

If any of the securities being registered on this Form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act, check the following box.  ¨

If this Form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, please check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  ¨

If this Form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  ¨

If this Form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering.  ¨

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or a smaller reporting company. See the definitions of “large accelerated filer,” “accelerated filer” and “smaller reporting company” in Rule 12b-2 of the Exchange Act (Check one):

 

Large accelerated filer   ¨    Accelerated filer   ¨
Non-accelerated filer   x  (Do not check if a smaller reporting company)    Smaller reporting company   ¨

 

 

CALCULATION OF REGISTRATION FEE

 

 

Title of Each Class of

Securities to be Registered

  

Proposed Maximum

Aggregate Offering Price(1)(2)

  

Amount of

Registration Fee(3)

Ordinary Shares, no par value

   $250,000,000   $34,100

 

 

(1) Estimated solely for the purpose of calculating the registration fee pursuant to Rule 457(o) under the Securities Act of 1933, as amended.
(2) Includes the offering price of any additional ordinary shares that the underwriters have the option to purchase.
(3) This amount was previously paid in connection with the filing of this Registration Statement.

The registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act of 1933 or until this Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine.

* SunEdison Semiconductor Pte. Ltd. is the successor registrant to SunEdison Semiconductor Limited as its ultimate parent company. Prior to the effective date of this Registration Statement, SunEdison Semiconductor Pte. Ltd. will convert from a Singapore private limited company into a Singapore public limited company. Upon such conversion, the registrant will be known as SunEdison Semiconductor Limited.

 

 

 

EXPLANATORY NOTE

This Amendment No. 3 is being filed solely for the purpose of amending Item 16 of Part II of the Registration Statement on Form S-1 (File No. 333-191052) to reflect the filing of certain revised exhibits to the Registration Statement for which SunEdison Semiconductor Pte. Ltd is seeking confidential treatment. No other changes or additions are being made hereby to the preliminary prospectus which forms part of the Registration Statement or to Items 13, 14, 15, or 17 of Part II of the Registration Statement. Accordingly, the preliminary prospectus and Items 13, 14, 15, and 17 of Part II of the Registration Statement have been omitted from this filing.

Part II

Information not required in prospectus

Item 16. Exhibits and Financial Statement Schedules

The list of exhibits is set forth under “Exhibit Index” at the end of this registration statement and is incorporated herein by reference.

Certain of the agreements included as exhibits to this prospectus contain representations and warranties by each of the parties to the applicable agreement. These representations and warranties have been made solely for the benefit of the other parties to the applicable agreement and:

 

  •   should not in all instances be treated as categorical statements of fact, but rather as a way of allocating the risk to one of the parties if those statements prove to be inaccurate;

 

  •   have been qualified by disclosures that were made to the other party in connection with the negotiation of the applicable agreement, which disclosures are not necessarily reflected in the agreement;

 

  •   may apply standards of materiality in a way that is different from what may be viewed as material to you or other investors; and

 

  •   were made only as of the date of the applicable agreement or such other date or dates as may be specified in the agreement and are subject to more recent developments.

The registrant acknowledges that, notwithstanding the inclusion of the foregoing cautionary statements, it is responsible for considering whether additional specific disclosures of material information regarding material contractual provisions are required to make the statements in this registration statement not misleading.

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, the registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of St. Peters, State of Missouri on March 4, 2014.

 

SUNEDISON SEMICONDUCTOR PTE. LTD.
By:   /s/ Shaker Sadasivam
Name:   Shaker Sadasivam
Title:   President and Chief Executive Officer

Pursuant to the requirements of the Securities Act of 1933, this Amendment No. 3 to Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

 

/s/    Shaker Sadasivam        

Shaker Sadasivam

    President, Chief Executive Officer and Director (principal executive officer)   March 4, 2014

*

Brian Wuebbels

    Chief Financial Officer of SunEdison, Inc.
(principal financial officer and principal accounting officer)		   March 4, 2014

 

*By:   /s/    Shaker Sadasivam        
  Shaker Sadasivam, as Attorney-in-Fact

POWER OF ATTORNEY

Each person whose signature appears below constitutes and appoints Shaker Sadasivam, Brian Wuebbels, Sally H. Townsley and Martin Truong, and each of them singly, his or her true and lawful attorneys-in-fact and agents, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities, to sign any and all amendments (including post effective amendments) to this Registration Statement and any and all additional Registration Statements pursuant to Rule 462(b) of the Securities Act, and to file the same, with all exhibits thereto, and all other documents in connection therewith, with the Securities and Exchange Commission, granting unto each said attorney-in-fact and agents full power and authority to do and perform each and every act in person, hereby ratifying and confirming all that said attorneys-in-fact and agents or either of them or their or his substitute or substitutes may lawfully do or cause to be done by virtue hereof.

Pursuant to the requirements of the Securities Act of 1933, this Registration Statement has been signed by the following persons in the capacities and on the dates indicated.

 

/s/    Jeffrey L. Hall        

Jeffrey L. Hall

   

Director

   March 4, 2014

/s/    Sally H. Townsley        

Sally H. Townsley

   

Director

   March 4, 2014

EXHIBIT INDEX

 

Exhibit

Number

   

Exhibit Description

  1.1*    Form of Underwriting Agreement.
  3.1*    Form of Memorandum and Articles of Association of SunEdison Semiconductor Limited to be effective prior to the completion of this offering.
  4.1*    Specimen Stock Certificate.
  5.1*    Form of Opinion of Rajah & Tann LLP.
  8.1*    Form of Opinion of Kirkland & Ellis LLP.
  8.2#    Form of Opinion of Rajah & Tann LLP.
10.1*    Separation Agreement, by and between SunEdison Semiconductor Limited and SunEdison, Inc.
10.2†    Form of Polysilicon Supply Agreement, by and between SunEdison Semiconductor Limited and SunEdison, Inc.
10.3*    Form of CCZ and Diamond Coated Wire Licensing Agreement, by and between SunEdison Semiconductor Limited and SunEdison, Inc.
10.4†    Form of Patent and Technology Cross-License Agreement, by and between SunEdison Semiconductor Limited and SunEdison, Inc.
10.5*    Form of Transition Services Agreement, by and between SunEdison Semiconductor Limited and SunEdison, Inc.
10.6*    Form of Tax Matters Agreement, by and between SunEdison Semiconductor Limited and SunEdison, Inc.
10.7*    Registration Rights Agreement, by and between SunEdison Semiconductor Limited and SunEdison, Inc.
10.8*    Form of Indemnification Agreement with Directors and Officers.
10.9*    Credit Agreement, by and among SunEdison Semiconductor Limited, SunEdison Semiconductor B.V., , as administrative agent, the various lenders signatory thereto and certain other parties.
10.10*    SunEdison Semiconductor Limited 2014 Long-Term Incentive Plan.
10.11*    Form of Technology Joint Development and Rights Agreement, by and between SunEdison Semiconductor Limited and SunEdison, Inc.
10.12*    SunEdison Semiconductor Limited 2014 Non-Employee Director Incentive Plan.
10.13*    Form of Stock Option Agreement pursuant to the SunEdison Semiconductor Limited 2014 Long-Term Incentive Plan.
10.14*    Form of Stock Option Agreement pursuant to the SunEdison Semiconductor Limited 2014 Non-Employee Director Incentive Plan.
10.15*    Form of Restricted Stock Unit Agreement pursuant to the SunEdison Semiconductor Limited 2014 Long-Term Incentive Plan.
10.16*    Form of Employment Agreement, by and between SunEdison Semiconductor, LLC and Shaker Sadasivam.
21.1*    List of subsidiaries.
23.1#    Consent of KPMG LLP.
23.2*    Consent of Rajah & Tann LLP (included in Exhibit 5.1 and Exhibit 8.2).
23.3*    Consent of Kirkland & Ellis LLP (included in Exhibit 8.1).

 

E-1

Exhibit

Number

   

Exhibit Description

24.1    Power of Attorney (previously included on the signature page of this Form S-1 filed on September 9, 2013, registration no. 333-191052).
99.1*    Consent of Director Nominees.

 

* To be filed by amendment.
† Certain portions have been omitted pursuant to a confidential treatment request. Omitted information has been provided separately to the SEC.
# Previously filed.

 

E-2

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