10. Related Party Transactions  

As of December 30, 2012, SLS Spansion Holdings, LLC and its affiliates (Silver Lake) were holders of greater than 10% of the Company’s voting securities and two affiliates of Silver Lake Sumeru Fund L.P. were members of the Company’s Board of Directors. As of December 29, 2013, Silver Lake were not holders of greater than 10% of the Company's voting securities and the two Board members had retired.

On April 30, 2011, the Company entered into a purchase agreement with SL Capital Appreciation Fund, L.L.C., Silver Lake Sumeru Fund, L.P. and Silver Lake Credit Fund, L.P. to purchase all rights with respect to certain bankruptcy claims that will be settled with its common shares. The aggregate purchase price paid by the Company for the claims was approximately $29.0 million and was recognized in stockholder’s equity as a component of additional paid in capital.