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EXHIBIT 10.41
MEMORANDUM OF INTENT
Altera and TSMC are presently contemplating the organization of a USA
joint venture, to which Altera, or an affiliate of Altera, expects to make a
cash equity investment for the purpose of acquiring a minority ownership
position. The parties agree to negotiate in good faith to structure and
conclude such a joint venture to the extent that best interests of each party
are served.
The parties have this date entered into Option Agreement 3 under which
Altera agrees to pay TSMC an option fee in the amount of *** for certain
option capacity to be provided by TSMC in years 1998 through 2001. The parties
intend that at any time beginning with the closing of the initial equity
contributions to the joint venture and continuing until January 31, 1997, Option
Agreement 3 can be superseded at Altera's option and the *** option fee
payment can be applied as a credit to Altera's cash investment in the joint
venture.
Dated: October 1, 1995
TAIWAN SEMICONDUCTOR ALTERA CORPORATION
MANUFACTURING CO., LTD.
BY: /s/ XXXXXX XXXXXX BY: /s/ XXXXXX XXXXX
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Xxxxxx Xxxxxx Xxxxxx Xxxxx
President President
*** Confidential treatment requested. Omitted portions have been filed
separately with the Commission.
