AMD 1998 Annual Report Download - page 43
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Exhibit 10.25
AMD/Motorola Technology Development and License Agreement
December 3, 1998 - Execution Document
TECHNOLOGY DEVELOPMENT
AND LICENSE AGREEMENT
This Technology Development and License Agreement ("Agreement") is entered into
as of October 1, 1998 (the "Effective Date"), by and between Advanced Micro
Devices, Inc. and its Subsidiaries ("AMD"), a Delaware Corporation, with
principal offices located at One AMD Place, P.O. Box 3453, Sunnyvale, California
94088-3453, and Motorola, Inc. and its Subsidiaries ("Motorola"), a Delaware
corporation, with principal offices located at 1303 East Algonquin Road,
Schaumburg, Illinois 60196.
RECITALS
Whereas, AMD and Motorola have complementary strengths in the flash memory,
embedded logic, and microprocessor businesses and in supporting technologies and
manufacturing capabilities.
Whereas, the companies believe that entering into this Agreement to take
advantage of these complementary skills and needs will have value for both
companies and their respective customers by accelerating the development of
future technologies, increasing the likelihood of success, leveraging the
capital costs required, and increasing the quantity and quality of product
offerings available from each company.
Now, therefore, in consideration of the rights and obligations set forth in this
Agreement, the parties agree as follows:
AGREEMENT
1. Definitions.
1.1. "Acquired Party" means a party to this Agreement that
undergoes a Change of Control.
1.2. "Acquiring Party" means the person or entity that acquires
fifty percent (50%) or more of the outstanding voting
securities of a party to this Agreement, such that the party
being acquired undergoes a Change of Control.
1.3. "AMD Technology" means technology developed solely and/or
owned solely by AMD and all solely owned intellectual property
pertaining thereto.
Confidential treatment has been requested for portions of this exhibit. The copy
filed herewith omits the information subject to the confidentiality request.
Omissions are designated as *****. A complete version of this exhibit has been
filed separately with the Securities and Exchange Commission.
Page 1
Source: ADVANCED MICRO DEVIC, 10-K, March 29, 1999