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|   |                                                                                                                   | Page |
|--------|------------------------------------------------------------------------------------------------------------------------|------|
| 1.     | Definitions.                                                                                                           | 2    |
| 2.     | Transactions.                                                                                                          | 4    |
| 3.     | Capital      Equipment Acquisition Transactions                                                                        | 5    |
| 4.     | Allocation      of Capacity to Toshiba                                                                                 | 6    |
| 5.     | Modification      of Joint Venture Agreements, Future Technology  Transaction and      Expansion of Capacity | 7    |
| 6.     | [***]                                                                                                          | 9    |
| 7.     | Foundry      and [***]*                                                                                                | 9    |
| 8.     | Representations      and Warranties of Each of the Parties                                                             | 9    |
| 9.     | Additional      Matters                                                                                                | 10   |
| 10.    | Miscellaneous                                                                                                          | 11   |

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| 1.1   | The      following capitalized terms used in this Agreement shall have the      respective meanings assigned in thisAgreement: |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------|

| Term                              | Defined In               |
|-----------------------------------|--------------------------|
| 3D      Collaboration Agreement   | Recitals                 |
| 3D      Memory Products           | Recitals                 |
| [***]*                            | Section      5.4(b)      |
| [***]*                            | Section      7.3         |
| Agreement                         | Heading                  |
| [***]*                            | Section      4.1(d)(iii) |
| [***]*                            | Section      6.1(a)(iii) |
| [***]*                            | Section      4.1(d)(ii)  |
| Cross      License Agreement      | Recitals                 |
| Equipment                         | Section      2.1(a)(i)   |
| Equipment      Purchase Agreement | Recitals                 |
| FA                                | Heading                  |
| FA      Agreements                | Recitals                 |
| FA      Master Agreement          | Recitals                 |
| [***]*                            | Section      5.4(a)(i)   |
| Foundry      Agreement            | Recitals                 |
| FP                                | Heading                  |
| FP      Agreements                | Recitals                 |
| FP      Master Agreement          | Recitals                 |
| Governmental      Authority       | Section      8.3         |
| [***]*                            | Schedule      4.1(a)     |
| [***]*                            | Section      4.1(a)      |
| [***]*                            | Schedule      4.1(a)     |
| [***]*                            | Recitals                 |
| Joint      Venture Agreements     | Recitals                 |
| Joint      Ventures               | Heading                  |
| JV                                | Heading                  |

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| [***]*                      | Schedule      4.1(b)(ii) |
|-----------------------------|--------------------------|
| [***]*                      | Schedule      4.1(b)(i)  |
| [***]*                      | Schedule      4.1(b)(i)  |
| [***]*                      | Schedule      4.1(b)(ii) |
| Lien                        | Section      8.3         |
| [***]*                      | Section      4.1(d)(iv)  |
| Parties                     | Heading                  |
| Person                      | Section      8.3         |
| SanDisk                     | Heading                  |
| SanDisk      Cayman         | Heading                  |
| SanDisk      Corporation    | Heading                  |
| SanDisk      Ireland        | Heading                  |
| [***]*                      | Section      7.2(a)      |
| [***]*                      | Section      7.2(b)      |
| [***]*                      | Section      5.6(a)      |
| Toshiba                     | Heading                  |
| [***]*                      | Schedule      4.1(b)(ii) |
| [***]*                      | Section 5.2(a)      |
| [***]*                      | Schedule      4.1(b)(i)  |
| [***]*                      | Schedule      4.1(b)(i)  |
| [***]*                      | Schedule      4.1(b)(ii) |
| [***]*                      | Schedule      4.1(b)(i)  |
| [***]*                      | Section      4.1(d)(i)   |
| Transaction      Agreements | Section      2.1(a)      |
| Transactions                | Section      2.1(a)      |
| [***]*                      | Section      5.4(a)(ii)  |
| [***]*                      | Section      4.1(d)(i)   |

| 1.2   | Interpretation.  Whenever      the words “include,” “includes” or “including” are used in this Agreement,      they shall be deemed, as the context indicates, to be followed by the      words “but (is/are) not limited to.”  Wherever in this Agreement      words indicating the plural number appear, such words will be considered      as words indicating the singular number and vice versa where the context      indicates the propriety of suchuse. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.3   | The      term “Rules of      Construction and Documentary Convention” as used in this Agreement      means those certain Rules of Construction and Documentary Convention      attached to the FP Master Agreement and the FA Master Agreement, as      applicable, commencing from Section 2.1therein. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 1.4   | The      term “R/W” as used in      this Agreement refers to certain 3D Memory Products and has the meaning      set forth in the 3D CollaborationAgreement. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.5   | The      term “NAND” as used      in this Agreement means NAND Flash Memory  Products. |
|-----------------|----------------------------------------------------------------------------------------------------|

| 1.6   | The      term [***]* as      used in this Agreement means (i) the requirements of [***]* of the      FP Master Agreement, (ii) the requirements of [***]* of the      FA Master Agreement and (iii) the [***]*. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.7   | The      term “Y3      Facility” as used in this Agreement means that facility located at      Yokkaichi, Mie, Japan which, following the consummation of the      Transactions, shall consist of FP equipment and production and Toshiba      equipment and production. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.8   | The      term “Y4      Facility” as used in this Agreement means that facility located at      Yokkaichi, Mie, Japan which, following the consummation of the      Transactions, shall consist of FA equipment and production and Toshiba      equipment and production. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 1.9   | Capitalized      terms not otherwise set forth in this Section 1 shall have      the meanings assigned to them in the Equipment Purchase Agreement, the FP      Agreements, the FA Agreements and/or the 3D Collaboration Agreement as the      context requires. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 2.1   | Transactions and      Deliveries. |
|-----------------|-----------------------------------|

| (a)   | Basic      Transactions.  Subject to and on the terms and conditions      set forth in this Agreement, the Equipment Purchase Agreement, the Foundry      Agreement, any amendments to the Joint Venture Agreements including any      Joint Venture equipment lease agreements and other agreements signed of even      date herewith (collectively, the “Transaction      Agreements”) the Parties agree to effect the transactions set forth      in this Section      2.1 (the “Transactions”),  all      of which shall be considered binding as of, and to occur on, the date      hereof unless the date for actual performance is otherwise      stipulated: |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | Committed Capacity      Transfer.  Toshiba shall acquire approximately [***]* of the      current production capacity of each of FP and FA for NAND Memory Products      as set forth in Article 4 below;and |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | Toshiba Equipment      Purchase.  Upon the terms and conditions set forth in the      Equipment Purchase Agreement, Toshiba shall acquire owned equipment      representing approximately [***]* of the      capacity of each of FP and FA and leased equipment representing      approximately [***]* of the      capacity of each of FP and FA (the “Equipment”). |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| (iii)   | Foundry      Option.  Toshiba and SanDisk shall enter into the Foundry      Agreement pursuant to which, until [***]*,      SanDisk will have the right to purchase NAND Memory Products on the terms      and conditions set forth therein. |
|-------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (iv)   | SanDisk Conversion      Option.  Subject to Toshiba’s consent, to be granted or      withheld at the time of exercise, SanDisk will have the option to cause FP      and FA to reacquire a portion of the production capacity and Equipment      being transferred to Toshiba pursuant to this Agreement and the Equipment      Purchase Agreement, as set forth in Section 7.2      below. |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (v)   | Amendment to Joint      Venture Agreements.  The Parties agree that the Joint      Venture Agreements are hereby amended to the extent necessary to conform      to the provisions set forth herein. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (vi)   | Transfer of Additional      Capacity to Toshiba.  The Parties may, if mutually agreed      in [***]*,      effect the transfer to Toshiba of additional capacity and owned equipment      as provided in and subject to Section 7.3. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (vii)   | JV Ownership Interest      Remains Unchanged.  For the avoidance of doubt, nothing      in this Agreement shall affect the Parties’ equity interests in each of FP      and FA (i.e. 50.1% for Toshiba and 49.9% for  SanDisk). |
|-------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Deliveries.  Each      of the relevant Parties agrees to make the following deliveries to the      other Parties at the time of the execution of this    Agreement: |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (i)   | Counterpart      originals of this Agreement duly executed by each of the Parties as of the      date hereof concurrently with the execution of this    Agreement; |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | Counterpart      originals of the Equipment Purchase Agreement duly executed as of the date      hereof concurrently with the execution and delivery of this Agreement;      and |
|------------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (iii)   | Counterpart      originals of the Foundry Agreement (as provided for in Section 7.1 below)      duly executed by the Parties as of the date hereof concurrently with the      execution and delivery of thisAgreement. |
|-------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.1   | Capital Equipment      Purchase by Toshiba.  Upon the terms and subject to the      conditions set forth in the Equipment Purchase Agreement, Toshiba shall      acquire the Equipment. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 3.2   | Use of Proceeds by      Joint Ventures. The Parties shall      cause each of FP and FA upon receipt of proceeds to payoff or pay down (on      an equal pro-rata basis) loans from its shareholders with the proceeds      realized from the sale of the Equipment.  Subject    to |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 4.1   | Allocation of Current      Capacity to Toshiba; Allocation of Fab Lot  Output. |
|-----------------|--------------------------------------------------------------------------------|

| (a)   | Initial Toshiba      Capacity.  Pursuant to the implementation schedule set      forth in Section 4.1(c) below, the Parties shall allocate to Toshiba,      and Toshiba shall acquire, approximately [***]* of the      pre-restructuring production capacity (and related Equipment) from each of      FP and FA, [***]*. Such      initial allocation in the percentages set forth on Schedule 4.1(a)      shall be referred to herein as the [***]*. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Output      Allocation.   |
|-----------------|-------------------------------------|

| (i)   | Except      as described in Section 4.1(b)(ii), the actual monthly lot output from      each of the Y3 Facility and the Y4 Facility shall be allocated between      Toshiba and FP or FA, as applicable, based on [***]* and      the applicable [***]*, as      set forth in Schedule 4.1(b)(i). |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | During      any month during which the planned production of any of FP, FA or the      Toshiba Capacity, as applicable, [***]*, as      defined in Schedule 4.1(b)(i), the Parties      (as between the Joint Ventures and Toshiba) shall be [***]*. |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Implementation      Schedule.  The capacity associated with each Equipment      transfer contemplated by the Equipment Purchase Agreement shall transfer      at the time of Toshiba’s acquisition of the related Equipment, subject,      however, to Section 3.6 of the Equipment Purchase      Agreement.  Subject to Sections 3.6 and 3.7(a) of the Equipment      Purchase Agreement, depreciation and lease costs associated with the      transferred equipment or capacity shall be borne by Toshiba immediately      after the date of Toshiba’s acquisition of the related      Equipment. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Work in Process      Inventory.  [***]*. |
|-----------------|----------------------------------------------------|

| (i)   | [***]*. |
|-----------------|---------|

| (ii)   | [***]*. |
|------------------|---------|

| (iii)   | [***]*. |
|-------------------|---------|

| (iv)   | [***]*. |
|------------------|---------|

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| 5.1   | Operations. |
|-----------------|-------------|

| (a)   | No Operational Effects      from Toshiba Capacity.  |
|-----------------|----------------------------------------------------------|

| (i)   | Except      as otherwise provided in or necessary to implement the Transaction      Agreements, the FA, FP and Toshiba Capacity equipment in the Y3 and Y4      Facilities will be [***]*.  There      will be no change in the fabs’ operating methods, engineering, production      control processes, access, financial, investment or operational      transparency, or otherwise as a result of the inclusion of the Toshiba      Capacity in the Y3 Facility and the Y4Facility. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | For      the Toshiba Capacity in the Y3 and Y4 Facility, Toshiba will provide to      the applicable Joint Venture [***]*,      including but not limited to [***]*.  Notwithstanding      the foregoing, Toshiba shall have sole discretion over the use and      disposition of the equipment representing the Toshiba Capacity, provided      [***]*. |
|------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Improvements Not      Related to Expansion.  To the extent practical and      commercially feasible, each of the Parties shall use commercially      reasonable efforts to enhance the [***]* of the      Y3 and Y4 Facilities. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Incentives. All      governmental incentives (financial or otherwise) received with respect to      the Y4 Facility (including any Toshiba Capacity) shall be disclosed and      the Parties will discuss such incentives and the sharing thereof based on      the type of incentives. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.2   | Expansion and      Transition of Capacity. |
|-----------------|--------------------------------------------|

| (a)   | General Rule;      [***]*      Expansion.  Except as provided in this Section, the terms      of Section 6.3(c)(iv) of the FP Master Agreement and Section 6.5(c)(iv) of      the FA Master Agreement will apply to [***]* within      FP, FA and other facilities.      [***]*. |
|-----------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | Technology      Transitions.  The Joint Ventures shall be given priority      for any technology transition.  Should either FP or FA not      accept any proposal for a NAND technology transition, the non-rejecting      Party (as between SanDisk and Toshiba) shall be able to implement such      technology transition on its capacity and [***]*.  Subject      to the foregoing priority granted to the Joint Ventures, nothing in this      Agreement shall in any way limit Toshiba’s ability to implement NAND      technology transitions within the Toshiba Capacity, which shall be made in      Toshiba’s sole discretion. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 5.3   | Effect on [***]*; Priority;      Proprietary Products. |
|-----------------|--------------------------------------------------------|

| (a)   | [***]*. |
|-----------------|---------|

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| (b)   | Priority. |
|-----------------|-----------|

| (i)   | Section      6.4(a)(ii) of the FP Master Agreement and Section 6.6(a)(ii) of the FA      Master Agreement are each hereby amended such that each of Sub-section      6.4(a)(ii)(B) in the FP Master Agreement and Sub-section 6.6(a)(ii)(C) in      the FA Master Agreement shall be replacedwith |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (ii)   | Section 6.4(a)(i)      of the FP Master Agreement and Section 6.6(a)(i) of the FA Master      Agreement are each hereby amended such that each of      Sub-section 6.4(a)(i)(C) in the FP Master Agreement and      Sub-section 6.6(a)(i)(D) in the FA Master Agreement shall be replaced      with |
|------------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (c)   | Proprietary      Products.  [***]*. |
|-----------------|-----------------------------------------------|

| 5.4   | Effect on      Costs. |
|-----------------|-----------------------|

| (a)   | [***]* Manufacturing      Costs.  All costs of manufacturing shall be [***]*. |
|-----------------|-----------------------------------------------------------------------------------------|

| (i)   | [***]*. |
|-----------------|---------|

| (ii)   | [***]*. |
|------------------|---------|

| (b)   | [***]*. |
|-----------------|---------|

| (c)   | The      Joint Ventures shall not be responsible or invoiced for [***]*.  Any      other [***]* shall      be subject to mutual good faith discussion and agreement regarding the      terms by which [***]* shall      be borne by the applicable JointVenture. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (d)   | Cost      benefits associated with [***]* will      be discussed by the Parties [***]* and      mutually agreed by the Parties. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------|

| 5.5   | [***]*. |
|-----------------|---------|

| (a)   | For      [***]*      for the Y3 or Y4 Facility that are owned by the applicable Joint Venture      as of the date hereof, [***]*,      within [***]* of      each Closing under the Equipment Purchase Agreement, [***]*. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | For      [***]*      for the Y3 or Y4 Facility that will be [***]*, the      Parties agree that: |
|-----------------|--------------------------------------------------------------------------------------------------|

| (i)   | For      such [***]*      related to [***]*;      and |
|-----------------|-------------------------------------------------------|

| (ii)   | Each      Party (as between Toshiba and SanDisk) shall be solely responsible for the      purchase of [***]*. |
|------------------|---------------------------------------------------------------------------------------------------------------|

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| 5.6   | [***]*. |
|-----------------|---------|

| (a)   | On      [***]*,      Toshiba shall sell to the applicable Joint Venture, and such Joint Venture      shall purchase from Toshiba, the portion of the then existing [***]*.  Payment      for such [***]* shall      be made by SanDisk and Toshiba to the applicable Joint Ventures, pursuant      to invoices from the Joint Ventures, no later than [***]*, and      the Joint Ventures [***]*. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| (b)   | [***]*, shall      sell to each of the Joint Ventures, and each of the Joint Ventures shall      purchase [***]* and      [***]*      allocable to such Joint Venture [***]*.  Payment      for such [***]* shall be made by      SanDisk and Toshiba to the applicable Joint Venture, pursuant to a payment      mechanism and schedule to be agreed between the Parties, provided that      payment shall occur [***]*. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.1   | Foundry      Option.  Toshiba and SanDisk shall enter into the Foundry      Agreement which shall      provide for a foundry arrangement between the Parties until [***]*. |
|-----------------|-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 7.2   | Conversion      Option. |
|-----------------|-------------------------|

| (a)   | [***]*. |
|-----------------|---------|

| (b)   | [***]*. |
|-----------------|---------|

| (c)   | [***]*. |
|-----------------|---------|

| 7.3   | [***]*. |
|-----------------|---------|

| 8.1   | Organization and      Standing.  It is duly organized and validly existing and,      where applicable, in good standing under the laws of the jurisdiction in      which it is organized. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.2   | Authority;      Enforceability.  It has the requisite corporate or      equivalent power and authority to enter into this Agreement, to execute      any certificates or other instruments to be executed by it in connection      with the Transactions, and otherwise carry out the      Transactions.  All corporate or equivalent proceedings required      to be taken by it to authorize the execution, delivery and performance of      this Agreement, and any such certificates and instruments, and the      consummation of the Transactions, have been or will be as of the Closing      properly taken.  This Agreement has been duly and validly      executed and delivered by it and constitutes a valid and binding      obligation of it, enforceable against it in accordance with its      terms. |
|-----------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 8.3   | No      Conflict.  The execution, delivery and performance of      this Agreement by it do not and will not (a) breach, violate or      conflict with any provision of its charter documents as amended to date,      (b) conflict with or violate any law, rule, regulation, order, writ,      judgment, injunction, decree, determination or award applicable to it, or      (c) result in the creation or imposition of any Lien (other than as      may result from the actions contemplated by the Equipment Purchase      Agreement)on any of the Purchased Assets.  No consent, approval      or authorization of, or filing with, any Governmental Authority, or any      other Person, is required to be made or obtained by it in connection with      the execution, delivery and performance by it of this Agreement and the      consummation by it of the Transactions.  The term “Lien” as used      in this Agreement means any lien, pledge, hypothecation, security      interest, claim, lease, charge, option, right of first refusal, transfer      restriction, encumbrance or any other restriction or limitation      whatsoever.  The term “Person” as used      in this Agreement means any individual, corporation, partnership, limited      liability company, firm, joint venture, association, joint-stock company,      trust, unincorporated organization, Governmental Authority or other      entity.  The term “Governmental      Authority” as used in this Agreement means any court, tribunal,      arbitrator or any government or political subdivision thereof, whether      foreign, federal, state or county, or any agency, authority, official or      instrumentality of such government or political    subdivision. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.4   | Brokers’ or Finders’      Fees.  It has not incurred and will not incur, directly      or indirectly, any liability for brokerage or finders’ fees or agents’      commissions or any similar charges in connection with this Agreement or      any certificates and instruments executed or contemplated to be executed      by the Parties.  It has not taken any action or entered into any      agreement or understanding that will cause any other Party to incur any of      the foregoing liabilities. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 8.5   | Litigation.  There      is no Action pending, or, to its knowledge, threatened, or directly      relating to the Transactions and which, if successful, would materially      impair such Party’s ability to consummate the      Transactions.  There is no judgment, order, writ or decree that      substantially restrains its ability to consummate the      Transactions. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.1   | [***]*. |
|-----------------|---------|

| 9.2   | Insurance.  Toshiba      shall continue to maintain insurance policies as contemplated under      Section 7.5(d) of the FP Master Agreement and Section 7.5(d) of      the FA Master Agreement covering the entire business of the Joint Ventures      and the Toshiba Capacity, provided that [***]*. |
|-----------------|----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| 9.3   | Environmental      Liabilities.  The Environmental Indemnification      Agreements with respect to FA and FP in effect shall continue in effect      without amendment, except that, beginning on the earlier of [***]* (i)      Toshiba shall be responsible for its share of liability for Environmental      Costs (as defined in the Environmental Indemnification Agreements) [***]* FA      and/or FP, as applicable, at the time of the contamination or release, if      determinable, and (ii) if the time of such contamination or release is not      determinable, the liability for Environmental Costs shall be allocated      [***]*      of NAND Flash production through the time of discovery of such      contamination or release. |
|-----------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 9.4   | Further Assurances;      Cooperation. Each      of the Parties shall from time to time, at the reasonable request of the      other Parties, and without further consideration (unless otherwise      provided for under this Agreement), execute and deliver such instruments,      cooperate and take such actions (as a member of the FP and FA joint      ventures or otherwise) as may be reasonably necessary to effectuate the      Transactions. |
|-----------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.1   | Entire      Agreement.  This Agreement, together with the exhibits,      schedules, appendices and attachments hereto, the Joint Venture Agreements      (as and if amended hereby) and the other Transaction Agreements constitute      the entire agreement of the Parties to this Agreement with respect to the      subject matter hereof and supersede all prior written and oral agreements      and understandings with respect to such subject  matter. |
|------------------|---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.2   | Precedence. The terms and      provisions of this Agreement are binding on the Parties.  To the      extent that a provision in this Agreement or another Transaction      Agreement expressly      conflicts with a Joint Venture Agreement, then the provisions of this      Agreement shall control; provided however, that unless otherwise provided      herein, the provisions of the Joint Venture Agreements remain in      effect. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.3   | Governing      Law.  This Agreement shall in all respects be governed by      and construed in accordance with the internal laws of the State of      California applicable to agreements made and to be performed entirely      within such state without regard to the conflict of laws principles of      such state. |
|------------------|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

| 10.4   | Remedies; Rules of      Construction and Documentary Convention.  The Parties      agree that the Rules of Construction and Documentary Convention set forth      in each of the Joint Venture Agreements shall apply in the event that a      dispute arises out of or relates to this Agreement or a particular Joint      Venture Agreement. |
|------------------|-----------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|

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| “FP”FLASH      PARTNERS LIMITEDBy      ________________________________Name      ______________________________Title      _______________________________               | “FA”FLASH      ALLIANCE LIMITEDBy      ________________________________Name      ______________________________Title      _______________________________                      |
|------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|--------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------|
| “TOSHIBA”TOSHIBA      CORPORATIONBy      ________________________________Name      ______________________________Title      _______________________________             | “SANDISK      CORPORATION”SANDISK      CORPORATIONBy      ________________________________Name      ______________________________Title      _______________________________   |
| “SANDISK      CAYMAN”SANDISK      (CAYMAN) LIMITEDBy      ________________________________Name      ______________________________Title      _______________________________ | “SANDISK      IRELAND”SANDISK      (IRELAND) LIMITEDBy      ________________________________Name      ______________________________Title      _______________________________ |

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