Exhibit 10-i(2)

 

November 14, 2002

 

TPG Wafer Holdings LLC

Attn.: Richard A. Ekleberry, Esq.

301 Commerce Street, Suite 3300

Fort Worth, Texas 76102

 

Re:    Amendment No. 2 to Registration Rights Agreement

 

Dear Rick:

 

Reference is made to the Registration Rights Agreement dated as of November 13,
2001, by and between MEMC Electronic Materials, Inc., a Delaware corporation
(the “Company”), the guarantors included on the signature lines thereto (the
“Guarantors” and, together with the Company, the “Company Parties”) and TPG
Wafer Holdings LLC, a Delaware limited liability company (together with its
permitted assigns, “TPG”), as amended by the letter agreement among the parties
dated July 15, 2002 (as amended, the “Agreement”).

 

The Company Parties and TPG agree that, effective as of the date hereof, the
definitions of “Effectiveness Date” and “Filing Date” as set forth Section 1.2
of the Agreement shall be deleted in their entirety and the following shall
substituted in lieu thereof:

 

“Effectiveness Date” means April 30, 2003.

 

“Filing Date” means February 28, 2003.

 

Except as otherwise provided herein, all other terms and conditions of the
Agreement shall remain in full force and effect.

 

This letter agreement may be executed in counterparts, each of which shall be
deemed an original, but all of which taken together shall constitute one and the
same instrument.

 

Very truly yours,

 

MEMC ELECTRONIC MATERIALS, INC.

 

By:

 

/s/    James M. Stolze

--------------------------------------------------------------------------------

   

James M. Stolze

Executive Vice President and

Chief Financial Officer

 

--------------------------------------------------------------------------------

 

TPG Wafer Holdings LLC

Attn.: Richard A. Ekleberry, Esq.

November 14, 2002

Page 2

 

 

EACH OF THE SUBSIDIARIES LISTED ON

SCHEDULE 1 HERETO, as Guarantors

 

By:

 

/s/    Kenneth L. Young

--------------------------------------------------------------------------------

   

Kenneth L. Young, in his capacity

as Treasurer for each of the

Subsidiaries listed on Schedule I hereto

 

ACCEPTED AND AGREED:

 

TPG WAFER HOLDINGS LLC

By:

 

TPG Wafer Partners LLC,

its Managing Member

     

 

By:

 

TPG Partners III, L.P.,

its Managing Member

     

 

By:

 

TPG GenPar III, L.P.,

its general partner

     

 

By:

 

TPG Advisors III, Inc.

its general partner

     

 

By:

 

/s/    Richard A. Ekleberry

   

Richard A. Ekleberry

Vice President

 

Schedule I

 

Guarantors:

 

MEMC Pasadena, Inc.

MEMC International, Inc.

MEMC Southwest Inc.

SiBond, L.L.C.

PlasmaSil, L.L.C.

MEMC Holdings Corporation