Amendment Number 2 to Component Recovery Agreement
THIS AMENDMENT NUMBER 2 (this "Amendment") is entered
into by and between Micron Technology, Inc., a Delaware
corporation ("MTI") and Micron Electronics, Inc., a
Minnesota corporation ("MEI").
WHEREAS, MTI and MEI entered into that certain
Component Recovery Agreement with an effective date of
August 14, 1996, as amended by that certain Amendment Number
1 to Component Recovery Agreement dated effective as of
August 30, 1996 (as amended, the "Agreement"); and
WHEREAS, MTI and MEI desire to amend the Agreement in
accordance with the terms set forth below:
NOW THEREFORE, MTI and MEI agree as follows:
1. Amendment. Section 12.1 of the Agreement is deleted
and replaced in its entirety to read as follows:
Section 12.1 Term. The term of this Agreement shall
commence on the Effective Date and shall continue
thereafter until September 2, 1999, subject to earlier
termination in accordance with the provisions of this
Section, and shall continue on a year-to-year basis
thereafter unless terminated by either party by written
notice not less than ninety (90) days prior to the end
of the initial term or any extension thereof.
2. No Further Modification. Except as set forth herein,
the provisions of the Agreement remain unmodified and in
full force and effect.
IN WITNESS WHEREOF, the parties have caused this
Amendment to be effective as of the date of the last
signature set forth below.
MICRON TECHNOLOGY, INC. MICRON ELECTRONICS, INC.
By:/s/▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ By:/s/T.▇▇▇▇ ▇▇▇▇
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Name: ▇▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Name: T.▇▇▇▇ ▇▇▇▇
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Title: Chairman, CEO & President Title: Executive V.P., Finance, & CFO
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Date: September 2, 1998 Date: August 26, 1998
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