Re: Letter Amendment to Advisory Agreement dated April 16, 2004 between SCP Management Company, L.L.C. and SMART Modular Technologies, Inc. (“Advisory Agreement”)
Exhibit
10.15
June 17, 2005
Xxxx Xxxx
SCP Management Company, L.L.C.
0000 Xxxxx Xxxxxxx Xxxxxxx, Xxxxx 000
Xxxxx Xxxxx, XX 00000
SCP Management Company, L.L.C.
0000 Xxxxx Xxxxxxx Xxxxxxx, Xxxxx 000
Xxxxx Xxxxx, XX 00000
Re:
|
Letter Amendment to Advisory Agreement dated April 16, 2004 between SCP Management Company, L.L.C. and SMART Modular Technologies, Inc. (“Advisory Agreement”) |
Dear Ajay:
This letter amends Section 3(a) of the Advisory Agreement to reflect an increase in the
annual Advisory Fee from $500,000 to $1,000,000. Starting July 1, 2005, the quarterly Advisory Fee
payable will be $250,000. Please note that the most recent invoice for the quarterly Advisory Fee
through June 30, 2005 will be paid shortly.
The approval of the above change by SMART (WWH)’s Board of Directors and sole shareholder,
Modular, L.L.C., will also be formalized in a written Board resolution and a separate shareholder
consent.
Please feel free to contact me at (000) 000-0000 if you have any questions regarding this
Letter Amendment.
Sincerely, | ||
Xxxx Xxxxxxx | ||
Vice President / Chief Financial Officer |
cc:
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Xxxx XxxXxxxxx | |
Xxxxxx Xxxxx |