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Exhibit (d)(15)
XIRCOM, INC.
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January 26, 2001
Intel Corporation
ESR Acquisition Corporation
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Ladies and Gentlemen:
Section 1.1(b) of the Agreement and Plan of Merger, dated January 15, 2001,
among Xircom, Inc., Intel Corporation and ESR Acquisition Corporation (the
"Merger Agreement") provides that, among other things, the Offer shall expire,
unless extended as provided therein, on the date that is twenty (20) business
days after the date the Offer is commenced. In order to provide adequate time
for regulatory authorities to review the transactions contemplated by the Merger
Agreement, we hereby agree that, notwithstanding the requirement set forth in
Section 1.1(b) described above, the initial Offer shall expire at 5:00 pm, New
York City time, on Friday, March 2, 2001.
Capitalized terms used but not defined herein shall have the meanings
assigned to them in the Merger Agreement.
Please countersign this letter in the space provided below if you agree
with the foregoing.
Very truly yours,
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Chief Financial Officer
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Acknowledged and agreed this 26th day of January, 2001.
Intel Corporation
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Vice President and Treasurer
ESR Acquisition Corporation
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President
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