Exhibit 10-k-2
Amendment No. 1 to the Capacity & Reservation Deposit Agreement
This Amendment No. 1 to the Capacity & Reservation Deposit Agreement dated March
24, 2000 ("Effective Date") is entered by and between Conexant Systems, Inc., a
company incorporated in Delaware ("Conexant") and UMC Group (USA) ("UMC"),
(collectively the "Parties") for foundry services to be performed by United
Microelectronics Corporation.
Background
On March 20th, 2000 the Parties entered the Capacity & Reservation Deposit
Agreement (the "Agreement") whereby UMC shall provide certain foundry services
to Conexant in accordance with the Agreement terms. The Parties agree certain
terms of the Agreement require clarification. This Amendment intends to provide
such clarification.
Now, therefore, for good and valuable consideration, the sufficiency of which is
hereby acknowledged, Conexant and UMC agree that the Agreement is amended as
follows:
New Section 5.3 reads:
5.3 In the event of a breach of a material obligation which is not cured
or otherwise resolved pursuant to subsections a, b or c of Section 5.2
above:
(a) If the breach specified in the Default Notice is (i) attributable to
Conexant and (ii) not disputed, then UMC is entitled to retain the
entire remaining unused portion of the Deposit; or
(b) If the breach specified in the Default Notice is (i) attributable to
UMC and not disputed, then Conexant is entitled to retain the entire
remaining unused portion of the Deposit, which shall be remitted to
Conexant within thirty (30) days of request therefor.
The following language is appended to Section 4.3:
In the event that the foundry agreement is not entered and either party elects
to terminate this Agreement for convenience for that reason, Conexant shall be
entitled to receive, within 30 days of such termination, a full refund, without
interest, of the unused portion of the Deposit.
Except as specifically modified herein, all terms and conditions of the
Agreement shall remain in full force and effect.
By: /s/ Xxx Xxxxx By: /s/ Xxxxx Xxxxx
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Name: Xxx Xxxxx Name: Xxxxx Xxxxx
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Title: President, UMC (USA) Title: SVP, Operations
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Date: 3/24/2000 Date: 3/24/2000
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