Jauher Zaidi President and CEO Palmchip Corporation
May
9,
2006
Xxxxxx
Xxxxx
President
and CEO
Palmchip
Corporation
0000
Xxx
Xxxxxxxxx Xxxxx, Xxxxx 000
Santa
Clara, CA
95054
RE:
Extension
of UART and I2C License Agreements
Dear
Xxxxxx,
In
connection with the Palmchip Technology License Agreements entered into by
Wintegra, Inc. and Palmchip Corporation, one of which on October 10, 2000 and
the other on February 8, 2001 (collectively the “Agreements”), we would like
Palmchip to acknowledge our mutual agreement to extend the term listed in
section 22 (a) of the Agreements so that each agreement will remain in effect
until September 27, 2010.
In
addition, we are hereby exercising the “Optional Perpetual Use License Buyout”
for the optional Multi Use License for each of the UART and I2C technologies
pursuant to Exhibit K of each of the Agreements. Accordingly, please provide
Xxxxxxxx an invoice for the net amounts of [†]
for
the
UART and[†]
for the I2C Multi Use Licenses and direct the invoice to:
Xxx
Xxxxxx
Wintegra
Ltd.
Taya
Center
6
Hamasger St. P.O.B. 3048
43653
Ra’anana Israel
Phone:
972.9.743.9998 x403 Fax: 000.0.000.0000
We
are
pleased with the service and support Xxxxxxxx has provided us during this
initial term of the agreement and we look forward to working with you in the
future.
Please
sign the acknowledgement at the bottom of this page confirming Xxxxxxxx’s
acceptance of the above terms, fax it to my attention at (000) 000-0000 and
return an executed copy by mail at your earliest convenience.
Regards,
/s/
Xxxxxx X’Xxxx
Xxxxxx
X’Xxxx
EVP
Marketing
ACKNOWLEDGED
AND ACCEPTED THIS 9th DAY OF MAY, 2006 BY
PALMCHIP CORPORATION | ||||
By: | /s/ Xxxxxx Xxxxx | |||
Name: | Xxxxxx Xxxxx | |||
Title: | Chief Executive Officer | |||
[†]
Information redacted pursuant to a confidential treatment request by Xxxxxxxx,
Inc. under 17 CFR §§ 200.80(b)(4) and 230.406 and submitted separately with the
Securities and Exchange Commission.