AMENDMENT NO. 5 TO THE APPLIED MATERIALS, INC. EXECUTIVE DEFERRED COMPENSATION PLAN

Exhibit 10.50

AMENDMENT NO. 5 TO THE
APPLIED MATERIALS, INC.
EXECUTIVE DEFERRED COMPENSATION PLAN

     APPLIED MATERIALS, INC., having adopted the Applied Materials, Inc. Executive Deferred Compensation Plan (the “Plan”) effective as of July 1, 1993, amended and restated the Plan in its entirety effective as of April 1, 1995, and amended the restated Plan on four subsequent occasions, hereby again amends the restated Plan as follows:

     1. Effective as of December 13, 2005, Section 7.2 is amended in its entirety to read as follows:

     “7.2 Committee . The Plan shall be administered on behalf of the Company by a Committee consisting of employees of the Company who hold the following titles or positions (“Specified Positions”):

          (a) Corporate Controller;

          (b) Corporate Treasurer;

          (c) Appointed Vice President, Compensation and Benefits (the “VP, Comp & Benefits”);

          (d) Senior Director, Treasury; and

          (e) Director, Global Benefits.

The VP, Comp & Benefits also may appoint to Committee membership one add