CONFIDENTIAL TREATMENT REQUESTED FOR THE REDACTED PORTIONS OF THIS DOCUMENT.Confidentiality Agreement |
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Exhibit 10.2
CONFIDENTIAL TREATMENT REQUESTED FOR THE REDACTED
PORTIONS OF THIS DOCUMENT.
FIFTH AMENDMENT
TO
PRODUCT PURCHASE AGREEMENT
This
FIFTH AMENDMENT TO PRODUCT PURCHASE AGREEMENT (this “Amendment”) is
made and entered into as of the 30th day of March, 2005 by and between GENERAL INSTRUMENT
CORPORATION, a Delaware corporation with its principal place of business at 101
Tournament Drive, Horsham, Pennsylvania 19044, acting as the Connected Home
Solutions business of Motorola, Inc. (“Customer”), and BROADCOM
CORPORATION, a California corporation with its principal place of business at
16215 Alton Parkway, Irvine, California 92618 (“Supplier”), with
reference to the following facts and circumstances:
A. Supplier
and Customer are parties to that certain Product Purchase Agreement dated as of
November 22, 2000 (the “Initial Agreement”) by and between
Customer and Supplier.
B. Supplier
and Customer amended the Initial Agreement by (1) the Amendment to Product
Purchase Agreement dated as of January 1, 2002 (the “First
Amendment”) by and between Customer and Supplier, (2) the Second
Amendment to Product Purchase Agreement dated as of December 3, 2002 (the
“Second Amendment”) by and between Customer and Supplier,
(3) the Third Amendment to Product Purchase Agreement dated as of
January 1, 2003 (the “Third Amendment”) by and between
Customer and Supplier, and (4) the Fourth Amendment to Product Purchase
Agreement dated as of March 31, 2004 (the “Fourth Amendment”)
by and between Customer and Supplier.
C. Supplier
and Customer desire to further amend the Initial Agreement as previously
amended by the First Amendment, the Second Amendment, the Third Amendment, and
the Fourth Amendment (the Initial Agreement, as so amended by the First
Amendment, the Second Amendment, the Third Amendment, and the Fourth Amendment,
the “Existing Agreement”) in the manner set forth herein.
NOW,
THEREFORE, for good and valuable consideration, the receipt and sufficiency of
which are hereby acknowledged and intending to be legally bound, the parties
hereto hereby agree as follows:
1. Amendments.
(a) The
Existing Agreement is hereby amended to delete Exhibit A thereto
and replace it with Exhibit A attached hereto.
(b) The
lead in paragraph of Section 1.4(b) of the Existing Agreement appearing
before clauses (i) through (iv)(which clauses remain unchanged) is hereby
amended to read in its entirety as follows:
“Customer
shall be entitled to a rebate with respect to all Products (except for the
[***]) purchased by [***] to the extent [***]. The rebate for each Product
shall be in an amount (the “Rebate Amount”) equal to [***]. The
rebate shall be provided pursuant to the following provisions:”
(c) The
following new Section 5 is hereby added to the Existing Agreement:
[***] Certain confidential
information contained in this document, marked by brackets, has been omitted
and filed separately with the Securities and Exchange Commission pursuant to
Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
CONFIDENTIAL TREATMENT REQUESTED FOR THE REDACTED
PORTIONS OF THIS DOCUMENT
“5. RoHS
COMPLIANT PRODUCTS
The
[***] shall be provided in a form compliant with Directive 2002/95/EC (January 27,
2003) “The Restriction of the Use of Certain Hazardous Substances in
Electrical and Electronic Equipment” and the requirements set forth in
Appendix 1.
(d) Appendix 1
is hereby added to the Existing Agreement.
(e) From
and after the date hereof, all references in the Existing Agreement and herein
to the “Agreement” shall refer to the Existing Agreement, as
modified by this Amendment. For all purposes of the Agreement, other than the
Minimum Purchase Commitment, the term “Products” shall be and shall
be deemed to refer to all of the original Products under the Initial Agreement
(which remain covered by the Minimum Purchase Commitment) as well as all of the
new Products described in Exhibit A and herein.
3. Governing
Law. This Amendment shall be governed by and construed under the laws of
the State of California, without reference to conflict of laws principles.
4. Counterparts.
This Amendment may be executed in two or more counterparts, each of which
shall be considered an original, but all of which together will constitute one
and the same instrument. One or more counterparts of this Amendment may be
delivered by telecopier, with the intention that they shall have the same
effect as an original counterpart thereof.
5. No
Other Amendment. Except as amended hereby, the Existing Agreement shall
remain in full force and effect, and all other terms and conditions of the
Existing Agreement shall remain in full force and effect and are otherwise
unmodified by this Amendment.
IN
WITNESS WHEREOF, the parties hereto have caused this Amendment to be executed
by their representatives thereunto duly authorized as of the date first written
above.
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GENERAL INSTRUMENT
CORPORATION |
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BROADCOM CORPORATION |
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acting as the Broadband
Communications Sector of Motorola, Inc. |
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By: |
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[***] |
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By: |
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/s/ Dan Marotta |
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