REGISTRATION RIGHTS AGREEMENT
THIS REGISTRATION RIGHTS AGREEMENT (this “Agreement”) is made and entered into this 18th day of June, 2020 among Seagate HDD Cayman, an exempted limited liability company incorporated under the laws of the Cayman Islands (the “Company”), Seagate Technology plc, a public limited company organized under the laws of Ireland (the “Parent”), and Morgan Stanley & Co. LLC and BofA Securities, Inc., as the lead dealer managers (each a “LeadDealer Manager” and collectively, the “LeadDealer Managers”) named in the Amended and Restated Dealer Manager Agreement, dated as of June 3, 2020 (the “Dealer Manager Agreement”), among the Company, the Parent, the Lead Dealer Managers, and Scotia Capital (USA) Inc., Wells Fargo Securities, LLC, HSBC Securities (USA) Inc., Mizuho Securities USA LLC, Samuel A. Ramirez & Company, Inc. and U.S. Bancorp Investments, Inc. asco-dealer managers (the “Co-Dealer Managers” and, together with the Lead Dealer Managers, the “Dealer Managers”) , relating to the Exchange Offers (as defined below).
The Company has made separate offers to exchange (i) up to $275,000,000 aggregate principal amount of its outstanding 4.75% Senior Notes due 2025 and (ii) up to $300,000,000 aggregate principal amount of its outstanding 4.875% Senior Notes due 2027, each for up to $500,000,000 aggregate principal amount of its Senior Notes due 2029 (the “Notes”). The Notes will be unconditionally guaranteed as to the payment of principal and interest by the Parent (such guarantee, the “Guarantee,” and the Notes together with the Guarantee, the “Securities”). In connection with the Dealer Manager Agreement, the Company and the Parent have agreed to provide to the Holders of the Notes and their direct and indirect transferees the registration rights set forth in this Agreement.
In consideration of the foregoing, the parties hereto agree as follows:
1.Definitions.
As used in this Agreement, the following capitalized defined terms shall have the following meanings:
“1933 Act” shall mean the Securities Act of 1933, as amended from time to time.
“1934 Act” shall mean the Securities Exchange Act of 1934, as amended from time to time.
“Additional Interest” shall have the meaning set forth in Section 2(d).
“Company” shall have the meaning set forth in the preamble and shall also include the Company’s successors.