SanDisk 2004 Annual Report Download - page 83
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Exhibit 10.36
Signing Version
[*NOTE: English translation provided for convenience only. Japanese language version is official
controlling document.]
MASTER LEASE AGREEMENT
Flash Memory Manufacturing Equipment
December 24, 2004
Mitsui Leasing & Development, Ltd.
IBJ Leasing Co., Ltd.
Sumisho Lease Co., Ltd.
Flash Partners, Ltd.
CERTAIN INFORMATION IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE COMMISSION.
CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.
Table of Contents
Page
Article 1 Definitions 1
Article 2 Structure of the Transactions 6
Article 3 Lease 6
Article 4 Delivery 7
Article 5 Prerequisites for Delivery 8
Article 6 Relevant Documents 8
Article 7 Payment of Lease Fees 9
Article 8 Release from Defect Liability 11
Article 9 Loss, Damages and Share of Risks 12
Article 10 Indications of Ownership 13
Article 11 Undisturbed Use 13
Article 12 Installation and Usage 13
Article 13 Possession and Sublease 14
Article 14 Maintenance Management 14
Article 15 Change of the Original Condition 15
Article 16 Title to Parts 15
Article 17 Inspection 16
Article 18 Encumbrances 16
Article 19 Insurance 16
Article 20 Representations and Warranties 17
Article 21 Commitments 18
Article 22 Compensation and Cost Sharing 19
Article 23 Number of Times of Individual Transaction and Change of
Delivery Period 21
Article 24 Purchase Option 21
Article 25 Returns 22
Article 26 Termination 24
Article 27 Default Interest 26
Article 28 Assignment of Rights and Obligations 26
Article 29 Assets Available to Perform Obligations 27
Article 30 Notice 28
Article 31 Modification of this Agreement 28
Article 32 Confidentiality 28
Article 33 Governing Law 29