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<SEC-DOCUMENT>0001206774-10-002621.txt : 20101217
<SEC-HEADER>0001206774-10-002621.hdr.sgml : 20101217
<ACCEPTANCE-DATETIME>20101217160515
ACCESSION NUMBER:		0001206774-10-002621
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20101215
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Financial Statements and Exhibits
FILED AS OF DATE:		20101217
DATE AS OF CHANGE:		20101217

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VISHAY INTERTECHNOLOGY INC
		CENTRAL INDEX KEY:			0000103730
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRONIC COMPONENTS & ACCESSORIES [3670]
		IRS NUMBER:				381686453
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-07416
		FILM NUMBER:		101259972

	BUSINESS ADDRESS:	
		STREET 1:		63 LINCOLN HWY
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355
		BUSINESS PHONE:		6106441300

	MAIL ADDRESS:	
		STREET 1:		63 LINCOLN HIGHWAY
		CITY:			MALVERN
		STATE:			PA
		ZIP:			19355
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>vishayintertech_8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
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    <title>vishayintertech_8k.htm</title>
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<div align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: Times New Roman">UNITED STATES <br>
</font></font><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: Times New Roman">SECURITIES AND EXCHANGE COMMISSION <br>
Washington, D.C. 20549</font></font></div>

<div>&#160;</div>

<div align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="5" style="FONT-FAMILY: Times New Roman">FORM 8-</font></font><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="5" style="FONT-FAMILY: Times New Roman">K</font></font></div>

<div>&#160;</div>

<div align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="4" style="FONT-FAMILY: Times New Roman">CURRENT REPORT <br>
</font></font><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: Times New Roman">Pursuant to Section 13 OR 15 (d) of the Securities Exchange Act of 1934</font></font></div>

<div>&#160;</div>

<div align="center"><font size="2" style="FONT-FAMILY: Times New Roman">Date of Report (Date of earliest event reported): December 15, 2010</font></div>

<div>&#160;</div>

<div>
<table border="0" cellpadding="0" cellspacing="0" width="100%" style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse; ">
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<td nowrap width="33%" style="TEXT-ALIGN: center">&#160;</td>
<td nowrap width="33%" style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="4" style="FONT-FAMILY: times new roman">Vishay Intertechnology, Inc.</font></font></td>
<td nowrap width="34%" style="TEXT-ALIGN: center">&#160;</td>
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<td nowrap width="33%" style="TEXT-ALIGN: center">&#160;</td>
<td nowrap width="33%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: times new roman">(Exact name of registrant as specified in its charter)</font></td>
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<br>
<div>
<table border="0" cellpadding="0" cellspacing="0" width="100%" style="LINE-HEIGHT: 14pt; BORDER-COLLAPSE: collapse; ">
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<td nowrap width="33%" style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: times new roman">Delaware</font></font></td>
<td nowrap width="1%" style="TEXT-ALIGN: center">&#160;&#160;&#160;&#160;&#160;</td>
<td nowrap width="33%" style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: times new roman">1-7416</font></font></td>
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<td nowrap width="31%" style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: times new roman">38-1686453</font></font></td>
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<td nowrap width="33%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: times new roman">(State or other jurisdiction</font></td>
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<td nowrap width="33%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: times new roman">(Commission</font></td>
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<td nowrap width="31%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: times new roman">(I.R.S. Employer</font></td>
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<td nowrap width="33%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: times new roman">of incorporation)</font></td>
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<td nowrap width="33%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: times new roman">File Number)</font></td>
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<td nowrap width="31%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: times new roman">Identification No.)</font></td>
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<br>
<div align="center">
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<td nowrap width="50%" style="TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: times new roman">63 Lancaster Avenue</font></font></td>
<td align="left" nowrap width="1%">&#160;&#160;&#160;&#160;&#160;</td>
<td align="left" nowrap width="48%">&#160;</td>
</tr><tr valign="bottom">
<td nowrap width="50%" style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: times new roman">Malvern, PA</font></font></td>
<td align="right" nowrap width="1%">&#160;</td>
<td nowrap width="48%" style="BORDER-BOTTOM: #000000 1pt solid; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: times new roman">19355-2143</font></font></td>
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<td nowrap width="50%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: times new roman">(Address of principal executive offices)</font></td>
<td align="right" nowrap width="1%">&#160;</td>
<td nowrap width="48%" style="TEXT-ALIGN: center"><font size="2" style="FONT-FAMILY: times new roman">(Zip Code)</font></td>
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<br>
<div align="center"><font size="2"><font style="FONT-FAMILY: Times New Roman">Registrant&#8217;s telephone number, including area code: 610</font><font style="DISPLAY: inline; FONT-WEIGHT: bold">-</font><font style="FONT-FAMILY: Times New Roman">644</font><font style="DISPLAY: inline; FONT-WEIGHT: bold">-</font><font style="FONT-FAMILY: Times New Roman">1300</font></font></div>

<div>&#160;</div>

<div align="center">
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<td nowrap width="1%" style="TEXT-ALIGN: center">
<div align="center"><font size="2" style="FONT-FAMILY: times new roman">(Former name or former address, if changed since last report.)</font></div>
</td>
<td width="49%">&#160;</td>
</tr></table>
</div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman">Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:</font></div>

<div>&#160;</div>

<div>
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<td align="left" nowrap width="1%"><font style="FONT-FAMILY: wingdings"><font size="2" style="FONT-FAMILY: wingdings">o</font></font></td>
<td align="left" nowrap width="1%">&#160;&#160;&#160;&#160;&#160;</td>
<td align="left" nowrap width="98%"><font size="2" style="FONT-FAMILY: times new roman">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</font></td>
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<td align="left" nowrap width="1%">&#160;</td>
<td align="left" nowrap width="1%">&#160;</td>
<td align="left" nowrap width="98%">&#160;</td>
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<td align="left" nowrap width="1%"><font size="2" style="FONT-FAMILY: wingdings">o</font></td>
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<td align="left" nowrap width="98%"><font size="2"><font style="FONT-FAMILY: times new roman">Soliciting material pursuant to Rule 14a</font><font style="DISPLAY: inline; FONT-WEIGHT: bold">-</font><font style="FONT-FAMILY: times new roman">12 under the Exchange Act (17 CFR 240.14a</font><font style="DISPLAY: inline; FONT-WEIGHT: bold">-</font><font style="FONT-FAMILY: times new roman">12)</font></font></td>
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<td align="left" nowrap width="98%"><font size="2"><font style="FONT-FAMILY: times new roman">Pre</font><font style="DISPLAY: inline; FONT-WEIGHT: bold">-</font><font style="FONT-FAMILY: times new roman">commencement communications pursuant to Rule 14d</font><font style="DISPLAY: inline; FONT-WEIGHT: bold">-</font><font style="FONT-FAMILY: times new roman">2(b) under the Exchange Act (17 CFR 240.14d<font style="FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">-</font></font><font style="FONT-FAMILY: times new roman">2(b))</font></font></font></td>
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<td align="left" nowrap width="1%">&#160;</td>
<td align="left" nowrap width="98%"><font style="FONT-FAMILY: times new roman">&#160;</font></td>
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<td align="left" nowrap width="1%"><font size="2" style="FONT-FAMILY: wingdings">o</font></td>
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<td align="left" nowrap width="98%"><font size="2"><font style="FONT-FAMILY: times new roman">Pre</font><font style="DISPLAY: inline; FONT-WEIGHT: bold">-</font><font style="FONT-FAMILY: times new roman">commencement communications pursuant to Rule 13e</font><font style="DISPLAY: inline; FONT-WEIGHT: bold">-</font><font style="FONT-FAMILY: times new roman">4(c) under the Exchange Act (17 CFR 240.13e<font style="FONT-FAMILY: times new roman"><font style="DISPLAY: inline; FONT-WEIGHT: bold">-</font></font><font style="FONT-FAMILY: times new roman">4(c))</font></font></font></td>
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<br>
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<br>
<div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: Times New Roman">Item 5.02 &#8211; Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</font></font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman">On December 15, 2010, the Board of Directors of Vishay Intertechnology, Inc. (&#8220;Vishay&#8221;), upon the recommendation of the Compensation Committee, approved an amendment to the employment agreement of Dr. Lior E. Yahalomi, Vishay&#8217;s Executive Vice President - Chief Financial Officer.</font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman">The amendment modifies the compensation payable to Dr. Yahalomi in the event of a termination for any reason other than for cause, increasing the severance payment to be equal to 24 months of base salary, and including the bonus that would have been payable for the calendar year of termination.</font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman">Dr. Yahalomi initially signed an employment agreement in December 2008, shortly after becoming Vishay&#8217;s Chief Financial Officer. That agreement provided for severance payments of up to 12 months of base salary in the event of termination for any reason other than for cause. In light of Dr. Yahalomi&#8217;s extended tenure with the Company and in his present position, it was determined to revise this provision of his employment agreement to be more consistent with the Company&#8217;s other executive officers.</font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman">The foregoing summary is qualified in its entirety by reference to the amendment to employment agreement between Vishay Intertechnology, Inc. and Dr. Lior E. Yahalomi, incorporated herein as Exhibit 10.1 to this Form 8-K.</font></div>

<div>&#160;</div>

<div align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: Times New Roman">Item 9.01 &#8211; Financial Statements and Exhibits.</font></font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman">(d) Exhibits</font></div>

<div>&#160;</div>

<div>
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<td align="left" nowrap width="1%"><font style="DISPLAY: inline; TEXT-DECORATION: underline"><font size="2" style="FONT-FAMILY: times new roman">Exhibit No.</font></font></td>
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<td align="left" nowrap width="98%"><font style="DISPLAY: inline; TEXT-DECORATION: underline"><font size="2" style="FONT-FAMILY: times new roman">Description</font></font></td>
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<td align="left" nowrap valign="top" width="1%" bgcolor="#c0c0c0"><font size="2" style="FONT-FAMILY: times new roman">10.1</font></td>
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<td align="left" valign="top" width="98%" bgcolor="#c0c0c0"><font style="FONT-FAMILY: times new roman"><font size="2" style="FONT-FAMILY: times new roman">Amendment to Employment Agreement, dated December 15, 2010, between Vishay Intertechnology, Inc. and Dr. Lior E. Yahalomi.</font></font></td>
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<br>
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<br>
<div align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: Times New Roman">SIGNATURE </font></font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman">Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. </font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman">Date: December 17, 2010 </font></div>

<div>&#160;</div>

<div>
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<td align="left" colspan="3" nowrap width="48%"><font size="2" style="FONT-FAMILY: times new roman">VISHAY INTERTECHNOLOGY, INC.</font></td>
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<td width="49%">&#160;</td>
<td width="2%">&#160;</td>
<td colspan="2" width="48%">&#160;</td>
</tr><tr>
<td width="49%">&#160;</td>
<td width="2%">&#160;</td>
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<td align="left" nowrap width="49%">&#160;</td>
<td align="left" nowrap width="2%"><font size="2" style="FONT-FAMILY: times new roman">By:&#160;&#160; </font></td>
<td align="left" nowrap width="24%" style="BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: times new roman">/s/ Lior E. Yahalomi</font></td>
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<td width="2%">&#160;</td>
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<td align="left" colspan="3" nowrap width="50%"><font size="2" style="FONT-FAMILY: times new roman">Name:&#160; </font><font size="2" style="FONT-FAMILY: times new roman">Dr. Lior E. Yahalomi</font></td>
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<td align="left" colspan="3" nowrap width="50%"><font size="2" style="FONT-FAMILY: times new roman">Title:</font>&#160;&#160;&#160;<font size="2" style="FONT-FAMILY: times new roman">Executive Vice President and</font></td>
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<DOCUMENT>
<TYPE>EX-10.1
<SEQUENCE>2
<FILENAME>exhibit10-1.htm
<DESCRIPTION>AMENDMENT TO EMPLOYMENT AGREEMENT, DATED DECEMBER 15, 2010
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<div align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: Times New Roman">Amendment to Employment Agreement of Dr. Lior Yahalomi </font></font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman"><font size="3" style="FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160; </font>Amendment to Employment Agreement (this &#8220;Amendment&#8221;), made as of December 15, 2010 by and between VISHAY INTERTECHNOLOGY, INC., a Delaware corporation (&#8220;Vishay&#8221;), and DR. LIOR E. YAHALOMI (&#8220;Executive&#8221;) (collectively the &#8220;Parties&#8221;).</font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman"><font size="3" style="FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160; </font>WHEREAS, Executive has been employed by Vishay pursuant to an Employment Agreement, made as of December 5, 2008, as amended on August 8, 2010, between the Parties (the &#8220;Employment Agreement&#8221;); </font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman"><font size="3" style="FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160; </font>WHEREAS, Section 8.3 of the Employment Agreement provides that Vishay and Executive may amend the Employment Agreement by mutual agreement in writing; and</font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman"><font size="3" style="FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160; </font>WHEREAS, the Company and Executive desire to amend the Employment Agreement as set forth below. </font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman"><font size="3" style="FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160; </font>NOW THEREFORE, in consideration of the premises and the mutual benefits to be derived herefrom and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, the parties agree as follows:</font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman">1.</font><font size="2" style="FONT-FAMILY: Arial"> </font><font size="2" style="FONT-FAMILY: Times New Roman">Section 6.3 of the Employment Agreement is hereby amended to read as follows: </font></div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman">&#160;</font></div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman"><font size="3">&#160;&#160;&#160;&#160; </font>&#8220;6.3 </font><font style="DISPLAY: inline; TEXT-DECORATION: underline"><font size="2" style="FONT-FAMILY: Times New Roman">Further Compensation upon Termination</font></font><font size="2" style="FONT-FAMILY: Times New Roman"> </font></div>

<div>&#160;</div>

<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman"><font size="3" style="FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160; </font>(a) In the event Executive&#8217;s employment with Vishay is terminated by Vishay without Cause, Executive shall be entitled to the following: </font></div>

<div>&#160;</div>

<div>
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<td nowrap valign="top">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; </td>
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<td nowrap valign="top">&#160;</td>
<td nowrap valign="top"><font size="2" style="FONT-FAMILY: times new roman">(ii)</font></td>
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<td width="100%"><font size="2" style="FONT-FAMILY: times new roman">A lump sum payment, payable within 15 days after the Date of Termination, equal to 24 months of Executive&#8217;s base salary on the Date of Termination.</font></td>
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<td width="100%"><font size="2" style="FONT-FAMILY: times new roman">Payment of the amount Executive would have received (if not for Executive&#8217;s termination of employment) as a bonus pursuant to Section 4.2 hereof for the calendar year of the Date of Termination, which amount shall be paid at such time as such bonus would have been paid to Executive if not for Executive&#8217;s termination of employment.</font></td>
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<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman"><font size="3" style="FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160; </font>(b) In the event Executive&#8217;s employment with Vishay terminates for any reason other than Cause after Executive attains age 62, Executive shall be entitled to the following: </font></div>

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<td width="100%"><font size="2" style="FONT-FAMILY: times new roman">The payments and benefits provided under Section 6.2 hereof and, if Executive&#8217;s employment is terminated by Vishay without Cause, the payments under Section 6.3(a)(ii) and (iii) hereof.</font></td>
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<td width="100%"><font size="2" style="FONT-FAMILY: times new roman">At Executive&#8217;s (or his surviving spouse&#8217;s or child&#8217;s) election, either continued eligibility for medical benefits under a plan sponsored by Vishay for its senior executives or a reimbursement to Executive for privately obtained coverage, in either case for the life of Executive, his surviving spouse and his dependent children up to age 26. The annual cost to Vishay, whether as reimbursement (including out of pocket expenses related to hospitalization, prescriptions, dental, and vision) or premium costs, shall not exceed $15,000 (or, if less, the amount Vishay then pays for medical coverage for its senior executive), provided, however, that Executive, his surviving spouse and/or his dependent children up to age 26 shall be permitted to continue coverage and pay any cost in excess of such limit.</font></td>
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<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman"><font size="3" style="FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160; </font>(c) In the event Executive&#8217;s employment with Vishay terminates for any reason other than Cause before Executive attains age 62, Executive shall be entitled to the following: </font></div>

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<td width="100%"><font size="2" style="FONT-FAMILY: times new roman">The payments and benefits provided under Section 6.2 hereof and, if Executive&#8217;s employment is terminated by Vishay without Cause, the payments under Section 6.3(a)(ii) and (iii) hereof.</font></td>
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<td width="100%"><font size="2" style="FONT-FAMILY: times new roman">The same level of medical insurance coverage as Executive, his spouse and his dependent children up to age 26 were receiving at the time of cessation of employment, at Vishay&#8217;s expense (including premiums, out-of-pocket expenses and co-payments), until the earlier of (A) the third anniversary of the date of cessation of employment (after which Executive, his spouse and his dependent children up to age 26 will be eligible for COBRA continuation coverage) or (B) such time as Executive becomes eligible for coverage under the plan of another employer.</font></td>
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<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman"><font size="3" style="FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160; </font>2.</font><font size="2" style="FONT-FAMILY: Arial"> </font><font size="2" style="FONT-FAMILY: Times New Roman">The amendments made by paragraph 1 hereof shall be effective as of December </font><font size="2" style="FONT-FAMILY: Times New Roman">15, 2010.</font></div>

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<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman"><font size="3" style="FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160; </font>3.</font><font size="2" style="FONT-FAMILY: Arial"> </font><font size="2" style="FONT-FAMILY: Times New Roman">Except as set forth in this Amendment, all other terms and conditions of the </font><font size="2" style="FONT-FAMILY: Times New Roman">Employment Agreement shall remain unchanged and in full force and effect.</font><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: Times New Roman"> </font></font></div>

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<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman"><font size="3" style="FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160; </font>4.</font><font size="2" style="FONT-FAMILY: Arial"> </font><font size="2" style="FONT-FAMILY: Times New Roman">This Amendment may be executed in one or more counterparts, each of which shall for all purposes be deemed to be an original and all of which shall constitute the same instrument.</font><font style="DISPLAY: inline; FONT-WEIGHT: bold"><font size="2" style="FONT-FAMILY: Times New Roman"> </font></font></div>

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<div align="left"><font size="2" style="FONT-FAMILY: Times New Roman"><font size="3" style="FONT-FAMILY: Times New Roman">&#160;&#160;&#160;&#160; </font>IN WITNESS WHEREOF, each of the parties hereto has caused this Amendment to be executed on its behalf as of the date first above written. </font></div>

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<td align="left" colspan="3" nowrap width="51%"><font size="2" style="FONT-FAMILY: times new roman">VISHAY INTERTECHNOLOGY, INC.</font></td>
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<td align="left" nowrap width="1%"><font size="2" style="FONT-FAMILY: times new roman">By:&#160;&#160; </font></td>
<td align="left" nowrap width="25%" style="BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: times new roman">/s/ Gerald Paul</font></td>
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<td align="left" colspan="2" nowrap width="50%"><font size="2" style="FONT-FAMILY: times new roman">Name: Dr. Gerald Paul</font></td>
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<td align="left" colspan="2" nowrap width="50%"><font size="2" style="FONT-FAMILY: times new roman">Title: Chief Executive Officer</font></td>
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<td align="left" colspan="2" nowrap width="26%" style="BORDER-BOTTOM: #000000 1pt solid"><font size="2" style="FONT-FAMILY: times new roman">/s/ Lior E. Yahalomi</font></td>
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<td align="left" colspan="3" nowrap width="51%"><font size="2" style="FONT-FAMILY: times new roman">Dr. Lior E. Yahalomi</font></td>
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