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Exhibit 10.53    
    


 
 

TECHNOLOGY LICENSE AGREEMENT
  
    Jazz Advanced Technology    
    


        THIS TECHNOLOGY LICENSE AGREEMENT (this "Agreement"), is made and entered into as of August 30th, 2003 (the "Effective Date"), by Newport Fab
LLC, a Delaware limited liability company d/b/a Jazz Semiconductor ("Licensor"), and Jazz / Hua Hong, LLC, a limited liability company organized under the laws of the State of Delaware ("Licensee"),
and Shanghai Hua Hong NEC Electronics Company Limited, a company organized under the laws of the People's Republic of China ("HHNEC"). 


Purpose and Background  


        Licensor is a member of Licensee and Licensee has committed to provide Licensor with semiconductor products utilizing manufacturing capacity at the facility of
the manufacturer of the semiconductor products. This Agreement provides for the license to Licensee, to the extent that Licensor has the right to grant such license and subject to and in accordance
with the terms and conditions set forth herein, of Jazz Technology (as described in Exhibit A attached hereto) and Jazz Patent Rights (as described in Exhibit B attached
hereto), in order for Licensee to be an option of Licensor's for the second source of requirements for [...***...] advanced RF
CMOS wafers and [...***...] SiGe BiCMOS wafers that include or embody any of the products listed on Exhibit C attached hereto ("Wafers"), and for no other purpose. 


Agreement  


        NOW, THEREFORE, in consideration of the foregoing premises, the mutual covenants and agreements contained herein, and other good and valuable consideration, the
receipt, adequacy and sufficiency of which are hereby acknowledge by each of the parties, the parties hereto agree as follows: 


	1.
	Definitions. 



        1.1   "Agreement" shall mean this Technology License Agreement by and between Licensor and Licensee. 


        1.2   "Documentation" shall mean written material(s) and/or manual(s) provided by Licensor to Licensee and any
on-line help files or other on-line materials regarding or related to the Jazz Technology. 



        1.3   "Effective Date" shall have the meaning given to it in the introductory paragraph hereof; provided, that the
effectiveness of this Agreement is subject to the pertinent terms and conditions hereof. 


        1.4   "Intellectual Property Rights" shall mean any and all right, title and interest in and to any and all patents and all
patent applications (including, without limitation, originals, divisions, continuations, continuations-in-part, CPA's, RCE's, provisional, extensions or reissues), design
rights (whether registered or not and all applications for the foregoing), copyrights, database rights, topography rights, mask work rights, applications to register any of the aforementioned rights,
trade secrets, rights in unpatented know-how and show-how, information, data, drawings, concepts, drawings, schematics, specifications, object code and machine-readable copies
of any software, source code relating to any software, rights of confidence, rights of authorship, and any other intellectual or industrial property rights of any nature whatsoever in any part of the
world and whether arising under the common law, state law, federal law or the laws of any foreign country. 





Confidential
treatment has been requested for portions of this document. This copy of the document filed as an Exhibit omits the confidential information subject to the confidentiality request.
Omissions are designated by the symbol [...***...]. A complete version of this document has been filed separately with the Securities and Exchange Commission. 





 

        1.5   "Jazz Confidential Information" as used herein means information about this Agreement and all its Exhibits and Schedules,
any amendment or addenda hereto or thereto, Licensor's business, assets or operations, including but not limited to Jazz Technology and Intellectual Property Rights, and any other proprietary
information supplied to Licensee by Licensor deemed by Licensor to be of value and not commonly known to others within Licensor's industry. Jazz Confidential Information will not include information
which Licensee demonstrates with documentary evidence: (a) was filed with any governmental agency on a non-confidential basis or was known to the public at the time of its
disclosure, or becomes known to the public after the disclosure through no action of Licensee; (b) was in Licensee's possession prior to the time of the disclosure (provided that Licensee did
not receive such information from a party that was subject to a confidentiality agreement with Licensor); (c) is subject to a subpoena, summons or other legal process, or (d) was
developed by Licensee independent of the disclosure by Licensor. 


        1.6   "Jazz Patent Rights" shall mean those patent rights that Licensor owns or under which it is licensed during the term of
this Agreement with respect to the Process identified in Exhibit B attached hereto. 


        1.7   "Jazz Technology" shall mean all proprietary information and know-how provided to Licensee by Licensor, no
matter in what form provided and including without limitation information and know-how identified in Confidential Information Transmittal Report(s) (copies of which shall be provided to
Licensee), that relate to Licensor's process(es) for the manufacture of Wafers, Licensor's specifications for Wafers, Licensor's performance criteria for Wafers and all other matters relating to
Wafers and their manufacture, including, without limitation, information relating to the products and processes identified in Exhibit A attached
hereto. 


        1.8   "Licensee" shall mean Jazz / Hua Hong, LLC, a limited liability company organized under the laws of the State of
Delaware. 


        1.9   "Licensor" shall mean Newport Fab LLC, a Delaware limited liability company d/b/a Jazz Semiconductor. 



        1.10 "LLC Agreement" shall mean the Limited Liability Company Agreement of Licensee. 


        1.11 "Manufacturer" shall mean Licensee or any other entity that manufactures and from whom Licensee obtains Wafers for
customers. 


        1.12 "Manufacturer's Facility" shall mean the facility as approved by Licensor in writing at which Wafers are to be
manufactured. 


        1.13 "Process" shall mean Licensor's process for the manufacture of Wafers as communicated by Licensor to Licensee from time
to time during the term of this Agreement. 


        1.14 "Wafer Acceptance Criteria" shall mean those written Wafer specifications, engineering requirements, performance
criteria, etc. provided by Licensor to Licensee from time to time during the term of this Agreement. 


        1.15 "Wafers" shall have the meaning given to it in the above Recitals. 


	2.
	License; Limitations and Restrictions. 



        2.1   License of Jazz Technology to Licensee. Licensor hereby grants to Licensee, subject to compliance by Licensee with the
terms and conditions of this Agreement, a non-exclusive, nontransferable, royalty-free license to use the Jazz Technology and Jazz Patent Rights that can be licensed by
Licensor (including the Intellectual Property Rights of Licensor therein), for internal business purposes only to manufacture Wafers solely on the behalf of Licensor. With the prior written consent of
Licensor, Licensee may grant a non-exclusive or an exclusive, non-transferable, royalty-free sublicense to a third party to manufacture Wafers at Manufacturer's
Facility. This sublicense shall not 


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be
exercised at any facility other than Manufacturer's Facility, or for the manufacture of Wafers for any other entity other than Licensor. The parties agree that such sublicense shall be exercised to
provide for Shanghai Hua Hong NEC Electronics Company, Limited, the other member of Licensee, to be the Manufacturer and that the sublicense shall be exercised only at the facility of Shanghai Hua
Hong NEC Electronics Company, Limited located at No. 1188, Chuan Qiao Rd, Pu Dong Shanghai, Peoples Republic of China or other agreed facility. Upon termination of this Agreement, the license
and any sublicense granted pursuant to this Agreement shall terminate automatically. 


        2.2   No Other Licenses or Rights. This license does not authorize any use other than that which is expressly set out herein.
No other license or right to sublicense or other right is granted, by implication, estoppel or otherwise to Licensee under any Jazz Technology, Jazz Patent Rights or any Intellectual Property Rights
of Licensor and/or Jazz Confidential Information now or hereafter owned or controlled by Licensor except those expressly granted in this Agreement. Licensee agrees and acknowledges that, except as
otherwise set forth herein, Licensor reserves to itself all rights in all fields, territories and technologies under or with respect to the Jazz Technology, Jazz Patent Rights and Intellectual
Property Rights of Licensor therein. 


        2.3   No Transfer of Title or Ownership. This license transfers to Licensee neither title nor any Intellectual Property Rights
to the Jazz Technology or Jazz Patent Rights (or any part or element thereof), any Documentation (or any part or element thereof), or any copyrights, patents, trade secrets, or trademarks, or other
proprietary rights embodied or used in connection therewith, except for the limited rights expressly granted herein. Licensee hereby agrees and acknowledges that Licensor is the sole owner of and
shall retain all ownership right, title and interest in and to the Jazz Technology and Jazz Patent Rights (and all Intellectual Property Rights therein). Licensee hereby agrees that Licensee shall not
contest or oppose or otherwise participate in or support any challenge, including without limitation a challenge to ownership, validity, scope or enforceability of any Jazz Technology or Jazz Patent
Rights (or any Intellectual Property Rights therein), nor shall Licensee participate in or support in any way any reissue, reexamination or reconsideration thereof. Licensee shall sign or cause to be
signed all documents necessary to perfect Licensor's ownership rights in Jazz Technology and Jazz Patent Rights, including all Intellectual Property Rights therein, including without limitation all
necessary assignments and agreements with its employees, subcontractors or agents. 



        2.4   License Restrictions. Licensee agrees that it will not itself, or through any parent, subsidiary, affiliate, agent or
other third party: (a) manufacture or have manufactured any Wafers for any person or entity other than for Licensor and/or on the behalf of Licensor; (b) sell, lease, rent, assign,
transfer, license or sublicense (except as otherwise expressly permitted herein) the Jazz Technology or Documentation; (c) use or manipulate the Jazz Technology or Documentation (or any part or
element thereof) in any manner or to any extent not expressly contemplated by this Agreement; (d) provide, disclose, divulge or make available to, or permit use of the Jazz Technology or
Documentation (or any part or element thereof) by any third party, except as otherwise permitted in accordance with the terms and conditions hereof; or (e) take any other action in derogation
of Licensor's Intellectual Property Rights. 


        2.5   Right to Audit. Licensee will keep complete, true and accurate books of account, records of production, engineering
documents, etc. for the purpose of showing its compliance with the terms of this Agreement. Such books, records and documents will be kept at Licensee's principal place of business at all times during
the term of this Agreement and for a period of at least [...***...] after termination or expiration of this Agreement for any reason. Upon ten (10) days written notice
to Licensee, and no more often than [...***...], Licensor's designated representative, shall have the right to inspect Licensee's records relevant to this Agreement during
normal business hours solely for the purposes of verifying the compliance by Licensee with the provisions of this Agreement. A final inspection shall occur no later than
[...***...] after the termination of this Agreement. 





Confidential
treatment has been requested for portions of this document. This copy of the document filed as an Exhibit omits the confidential information subject to the confidentiality request.
Omissions are designated by the symbol [...***...]. A complete version of this document has been filed separately with the Securities and Exchange Commission. 


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        2.6   U.S. Export Control Approvals. Licensee acknowledges and agrees that the effectiveness of this Agreement and grant of
such license is expressly conditioned upon Licensor and Licensee obtaining all necessary and advisable approvals from the United States Department of Commerce (Bureau of Industry and Security) and any
and all other applicable U.S. and foreign governmental agencies. (collectively, "Export Control Approvals"). 


	3.
	Warranties; Disclaimers. 



        3.1   Limited
Representation of Licensor. Licensor represents and warrants only that, as of the Effective Date, to the actual knowledge of Licensor, the Jazz Technology and
Jazz Patent Rights licensed to Licensee hereunder do not infringe any patent, copyright or other proprietary intellectual property right of any third party. 


        3.2   EXCEPT
FOR THE LIMITED REPRESENTATION MADE BY LICENSOR IN SECTION 3.1 ABOVE, THE JAZZ CONFIDENTIAL INFORMATION, THE JAZZ TECHNOLOGY, THE JAZZ PATENT RIGHTS, THE
DOCUMENTATION, AND ALL INTELLECTUAL PROPERTY RIGHTS THEREIN AND ALL MATERIALS RELATED THERETO AND THE USE THEREOF AND OF ANY HARDWARE, SOFTWARE OR OTHER DOCUMENTATION DELIVERED HEREUNDER (IN ANY AND
ALL FORMS) IS PROVIDED BY LICENSOR AND IS ACCEPTED BY LICENSEE "AS IS" AND "WITH ALL FAULTS." LICENSOR MAKES NO WARRANTIES, EXPRESS OR IMPLIED, WITH RESPECT TO SAME AND/OR THEIR QUALITY, PERFORMANCE,
MERCHANTABILITY, NON-INFRINGEMENT, OR FITNESS FOR A PARTICULAR PURPOSE. FURTHER, THERE IS NO AFFIRMATION OF FACT, ACCURACY, COMPLETENESS, CAPABILITY OR PERFORMANCE, EXPRESS OR IMPLIED,
MADE BY LICENSOR WITH RESPECT TO THE JAZZ CONFIDENTIAL INFORMATION, THE JAZZ TECHNOLOGY, JAZZ PATENT RIGHTS, DOCUMENTATION, THE INTELLECTUAL PROPERTY RIGHTS THEREIN AND ALL MATERIALS RELATED THERETO
OR THE USE THEREOF OR OF ANY HARDWARE, SOFTWARE OR OTHER DOCUMENTATION DELIVERED HEREUNDER. 



        WITHOUT
IN ANY WAY LIMITING THE GENERALITY OF THE FOREGOING, LICENSOR DOES NOT WARRANT THAT THE JAZZ TECHNOLOGY IS COMPLETE OR WILL OPERATE UNINTERRUPTED OR THAT IT WILL BE FREE FROM ANY
DEFECTS OR ERRORS OR THAT THE JAZZ TECHNOLOGY OR ANY PORTION THEREOF IS DESIGNED TO MEET ANY OF LICENSEE'S TECHNICAL OR BUSINESS REQUIREMENTS. NO EMPLOYEE, AGENT, REPRESENTATIVE OR AFFILIATE OF
LICENSOR HAS AUTHORITY AT ANY TIME
TO BIND LICENSOR TO ANY ORAL OR WRITTEN REPRESENTATION OR WARRANTY CONCERNING ANY OF THE JAZZ TECHNOLOGY. 


	4.
	Indemnification. 




        4.1   Subject
to Section 5.1 (Limitation of Liability), Licensor hereby agrees to defend, at Licensor's expense, and indemnify Licensee against damages finally awarded
by a court of proper jurisdiction in any intellectual property infringement lawsuit brought by any third party against the products manufactured by or on behalf of Licensee using the Jazz Technology
hereunder, only to the extent that such products are sold to Licensor and only to the extent that such infringement action is based on using Jazz Technology hereunder. 


        Licensor
has no obligation under this Section 4.1, unless Licensor is [...***...] notified of claims, suits and actions by such third party, given all
evidence in Licensee's possession, and given reasonable assistance in, and sole control of, the defense thereof and all negotiations for its settlement or compromise.
[...***...]. Licensor shall have no liability for any costs, loss or damages resulting from, and Licensee agrees to defend and indemnify Licensor for: (i) the use of the
Jazz Technology hereunder in combination with any other process not supplied by Licensor, (ii) the use of the Jazz Technology hereunder in a manner for which it was expressly restricted,
(iii) the willful mis-conducts of Licensee, or (iv) any settlement or compromise incurred or made by Licensee without Licensor's prior written consent.
[...***...]. 





Confidential
treatment has been requested for portions of this document. This copy of the document filed as an Exhibit omits the confidential information subject to the confidentiality request.
Omissions are designated by the symbol [...***...]. A complete version of this document has been filed separately with the Securities and Exchange Commission. 


4





 

        4.2   Indemnification by Licensee. Subject to Section 5.1 (Limitation of Liability), Licensee shall indemnify, defend
and hold harmless Licensor and each of Licensor's affiliates, subsidiaries, partners, principals, officers, directors, employees, agents and permitted assigns against any costs, loss, damages or
liabilities that arise out of or in connection with any breach by Licensee of this Agreement, including any inaccuracy or breach of any representation, warranty or covenant of Licensee contained
herein and any modification or alteration by Licensee (or any third party on behalf of Licensee) of the Jazz Technology (or any part or element thereof), the Jazz Patent Rights (or any part or element
thereof), or any Jazz Confidential Information or Documentation. Except for otherwise defined in this agreement, Licensee, at its own expense, shall defend all suits or actions, provided Licensee is
promptly notified of such suits or actions, given all evidence in Licensor's possession, and given reasonable assistance by Licensor in and sole control of defense thereof and all negotiations for its
settlement or compromise. Licensee shall have no liability to Licensor for any settlement or compromise incurred or made by Licensor without Licensee's prior written consent (which consent shall not
unreasonably be withheld or delayed). 


        4.3   Notification; Cooperation. Each party shall promptly notify the other, in writing, of each infringement claim of which
such party becomes aware, and such party shall reasonably cooperate with the other party and make reasonably available to the other all information, including but not limited to documents and
witnesses, reasonably necessary to conduct an adequate and appropriate defense to such infringement claim. 


	5.
	Limitation Of Liability. 



        5.1   No Liability for Special Damages. NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED IN THIS AGREEMENT, NEITHER PARTY
SHALL, UNDER ANY CIRCUMSTANCES OR UNDER ANY LEGAL THEORY (INCLUDING, WITHOUT LIMITATION, NEGLIGENCE, BREACH OF CONTRACT OR TORTIOUS CONDUCT), BE LIABLE TO THE OTHER PARTY OR ANY OF ITS AFFILIATES FOR
ANY CONSEQUENTIAL, INCIDENTAL, INDIRECT, SPECULATIVE, PUNITIVE, EXEMPLARY OR SPECIAL DAMAGES OF ANY NATURE WHATSOEVER, OR FOR ANY DAMAGES ARISING OUT OF OR IN CONNECTION WITH ANY MALFUNCTIONS, DELAYS,
LOSS OF DATA, LOSS OF REVENUE OR PROFITS, INTERRUPTION OF SERVICE OR LOSS OF BUSINESS OR ANTICIPATORY PROFITS, EVEN IF SUCH OTHER PARTY HAS BEEN APPRISED OF THE LIKELIHOOD OF SUCH DAMAGES OCCURRING. 


	6.
	Confidentiality. 





        6.1   Confidentiality. In connection with the transactions contemplated by this Agreement, Licensee will obtain or have access
to Jazz Confidential Information. Jazz Confidential Information may be disclosed by Licensee only to those persons within Licensee who "need to know" such information in order to perform their
responsibilities under this Agreement on behalf of Licensee. Licensee will, and will cause each of its employees to: (a) keep in utmost confidence all Jazz Confidential Information;
(b) not use any Jazz Confidential Information for any purpose other than the performance of this Agreement; (c) not disclose any Jazz Confidential Information to any third party without
Licensor's prior written consent; and (d) return all of the Jazz Confidential Information, regardless of form and including, without limitation, all copies, analyses, derivations and
compilations of Jazz Confidential Information to Licensor within [...***...] after the termination of this Agreement for any reason and provide verification by a senior officer
of Licensee that all Jazz Confidential Information has been returned to Licensor. Without limiting the foregoing, Licensee agrees to employ with regard to such Jazz Confidential Information procedures
no less restrictive than the strictest procedures used by Licensee to protect its own confidential information, and in no case less than a reasonable degree of care under the circumstances. Licensee
shall promptly notify Licensor of any known unauthorized use or disclosure of the Jazz Confidential Information, and will cooperate with Licensor in any litigation brought by Licensor against third
parties to protect its proprietary rights. 





Confidential
treatment has been requested for portions of this document. This copy of the document filed as an Exhibit omits the confidential information subject to the confidentiality request.
Omissions are designated by the symbol [...***...]. A complete version of this document has been filed separately with the Securities and Exchange Commission. 


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        6.2   Equitable Relief. Licensee agrees that, because the breach or threatened breach of any of the terms of this
Article 6 by Licensee will result in immediate and irreparable injury to Licensor, Licensor shall be entitled to an injunction restraining Licensee from any such breach to the fullest extent
allowed by law without the necessity of posting any bond. Any such right of equitable relief granted to Licensor shall not be deemed to preclude Licensor from seeking money damages or any other
remedy, subject to section 8.1 from Licensee and/or its agents in the event of such a breach. 


        6.3   Confidentiality of Agreement. The terms and conditions of this Agreement are deemed to be confidential, and each party
will maintain such terms and conditions in strict confidence. The terms of this Agreement may be disclosed only to (i) those persons within Licensor's and Licensee's respective organizations
who "need to know" such information in order to perform their work responsibilities on behalf of their employer; (ii) as required by any court or other governmental body or agency (including
without limitation the Rules and Regulation promulgated by the Securities Exchange Commission), (iii) as otherwise required by law, and (iv) to legal counsel of the parties, accountants
and other professional advisors. 


	7.
	Term and Termination. 



        7.1   Term. The Term of this Agreement shall commence on the Effective Date and continue for a period of
[...***...] therefrom (the "Initial Term"), unless terminated earlier in accordance with Section 7.2. Upon expiration of
the Initial Term, this Agreement will renew automatically for successive [...***...] periods unless terminated by either party with [...***...] written
notice prior to the expiration of any such period. At the expiration of the term of the Agreement, both parties agree to reasonably cooperate with each other to return any materials or equipment
required to be so returned. 


        7.2   Termination. In addition to the provisions of Section 7.1 and the other provisions pertaining to the effectiveness
of this Agreement set forth elsewhere herein, this Agreement may be terminated by either party (i) after the Initial Term with [...***...] written notice to the other
party, (ii) after the material breach of this Agreement by the other party which is not cured within [...***...] after the non-breaching party provides the
breaching party with written notice of such breach, (iii) upon the filing of a petition by the other party seeking to take advantage of any laws, domestic or foreign, relating to bankruptcy,
insolvency, reorganization, winding up or composition for adjustment of debts after [...***...] written notice to the other party; or (iv) upon the dissolution of
Licensee. Upon termination of this Agreement for any reason: (a) except as set forth herein, Licensee shall have no right to use, manufacture or have manufactured, offer for sale, sell, export
or import Wafers or any other product incorporating or manufactured in accordance with Jazz Technology, Jazz Patent Rights or the Process and shall discontinue use of the Process; (b) Licensee
shall immediately cease using and remove all Jazz Technology from the Process at Manufacturer's Facility and from Licensee's facility (if different from Manufacturer's Facility); (c) Licensee
shall return all of the Jazz Technology, regardless of form and including, without limitation, all copies, analyses, derivations and compilations of Jazz Technology to Licensor within
[...***...] after the termination of this Agreement for any reason and provide written verification by a senior officer of Licensee that all Jazz Technology has been returned
to Licensor and that the Process is no longer in use by Licensee or any Manufacturer; and (d) at any time and from time to time during the [...***...] period following
the termination of this Agreement and upon [...***...] prior written notice, Licensee shall permit Licensor to inspect Licensee's facility to insure compliance with the
obligations of this Agreement. 





Confidential
treatment has been requested for portions of this document. This copy of the document filed as an Exhibit omits the confidential information subject to the confidentiality request.
Omissions are designated by the symbol [...***...]. A complete version of this document has been filed separately with the Securities and Exchange Commission. 


6





 
	8.
	Dispute Resolution. 




        8.1   Any
dispute arising from, out of the implementation of, or in connection with this Agreement shall be settled through friendly consultation between the parties. In the
event that no settlement of the dispute can be reached through consultation within [...***...] following the date on which a written request for consultation by any party, the
dispute shall be submitted by the claimant (the "Claimant") to the Arbitration Institute of the Stockholm Chamber of Commerce in Stockholm, Sweden and be finally settled by arbitration in accordance
with the Rules of the Arbitration Institute of the Stockholm Chamber of Commerce as in effect on the date of arbitration. 



        (a)   The
arbitration tribunal shall consist of three (3) arbitrators. The Claimant and the respondent (the "Respondent") shall select one (1) arbitrator. The
third arbitrator, who shall be chairman of the arbitration tribunal, shall be selected jointly by the Claimant and the Respondent. If the Claimant and the Respondent are unable to agree as to the
selection of the third arbitrator within [...***...], then the third arbitrator shall be selected by the Arbitration Institute of the Stockholm Chamber of Commerce. 


        (b)   All
the proceedings in any such arbitration will be conducted in English. 



        (c)   The
arbitration award shall be final and binding upon all parties. The arbitration costs shall be paid according to the award as fixed by the arbitration tribunal. 


        (d)   During
the period when a dispute is being resolved, the parties shall in all other respects continue to exercise their remaining respective rights and fulfill their
respective obligations under this Agreement except for such rights, obligations and other matters which are subject to the arbitration. 




        8.2   Extension of Deadlines. All deadlines in this Article 8 may be extended by mutual agreement of the parties. 


        8.3   [...***...] 


	9.
	Additional Terms. 



        9.1   Governing Law; Language. This Agreement shall be governed by and construed in accordance with the internal laws of the
State of California, United States of America, without regard for its choice and or conflict of laws provisions and without regard to the United Nations Convention on Contracts for the International
Sale of Goods and is subject to all other applicable governmental laws and regulations, including but not limited to applicable regulations and requirements of any regulatory agency concerning the
export or import of Wafers and the export of Jazz Technology and Jazz Patent Rights from the United States of America. This Agreement has been made in the English language and all documents and
communications (including any arbitration or mediation proceedings and any documents or communications delivered in connection therewith) between the parties hereto shall be in the English language.
Any translations of this Agreement or any documents relating to this Agreement shall be for convenience purposes only and the parties hereto agree that the English language version of this Agreement
and the documents relating hereto shall govern and control for all purposes. 



        9.2   Compliance With Laws. In exercising its rights and meeting its obligations under this license, Licensee shall fully
comply with the requirements of any and all applicable laws, regulations, rules and orders of any domestic or foreign governmental body having jurisdiction over the exercise of rights under this
license. Licensee further agrees to indemnify and hold Licensor harmless from and against any costs, expenses, attorney's fees, citation, fine, penalty and liability of any kind which might be imposed
by reason of any asserted or established violation of any such laws, order, rules or regulations. 



        9.3   Successors and Assigns. This Agreement will be binding upon the parties and will inure to their benefit and the benefit
of their permitted successors and assigns. Licensee shall not assign this Agreement or any of its interests hereunder without the prior written consent of Licensor. 





Confidential
treatment has been requested for portions of this document. This copy of the document filed as an Exhibit omits the confidential information subject to the confidentiality request.
Omissions are designated by the symbol [...***...]. A complete version of this document has been filed separately with the Securities and Exchange Commission. 


7





 

        9.4   Relationship of the Parties. Each party hereto is contracting independently with the other and neither party shall be
deemed to be an agent, representative or a partner of the other Licensors as a result of any provision of this Agreement. Neither party shall have the right or authority to assume or create any
obligation or responsibility, whether express or implied, on behalf of or in the name of the other party or to bind the other party in any manner for any purpose. 



        9.5   Headings and Captions. The headings and captions used in this Agreement are inserted for convenience only and shall not
affect the construction or interpretation of the respective provisions of this Agreement. 


        9.6   Export Controls. Licensee agrees to comply with all United States' and The People's Republic of China's (and/or any other
appropriate jurisdiction's) export regulations in connection with this Agreement. In this regard, Licensee may not export or re export the Jazz Technology or Jazz Patent Rights or any portion thereof
without the prior written consent of Licensor and without the appropriate United States and foreign government licenses. Neither the Jazz Technology or Jazz Patent Rights, nor any technical data
contained therein or produced thereby, nor any portion thereof may be exported or re-exported (i) into (or to a national or resident of) Cuba, Iran, Iraq, Libya, North Korea, Sudan,
Syria, or any other country to which the United States has embargoed goods; or (ii) to anyone on the United States Treasury Department's list of Specially Designated Nationals or the U.S.
Commerce Department's Table of Deny Orders. Licensee hereby represents and warrants that it is not located in, under the control of, or a national or resident of any such country or on any such list.
Each of Licensor and Licensee further agrees to indemnify and hold harmless the other party and its officers, directors, shareholders, employees, agents and representatives against any and all costs,
liabilities, damages, losses or expenses (including, without limitation, attorneys' fees) arising from, or relating to any established knowing or intentional violation by such party of any of the
applicable laws and administrative regulations of the United States of America, the People's Republic of China or other foreign governmental agencies relating to the control of exports of commodities
and technical data. This Section shall survive the expiration or termination of this Agreement for any reason. 


        9.7   Interpretation. Each party, represented by counsel, has cooperated in the drafting and preparation of this Agreement.
Accordingly, this Agreement shall not be construed against any party on the basis that such party was the drafter. 



        9.8   No Modifications. No modifications, changes or waivers of this Agreement shall be valid unless made in writing and signed
by authorized representatives of both Licensor and Licensee. 


        9.9   No Waiver. The failure or delay of a party to exercise its rights here under or any custom or practice of a party in
variance with the terms hereof shall not constitute a waiver by the relevant party of the terms of this Agreement and the rights granted to the relevant party herein are to the right of the relevant
party to demand exact compliance with the terms hereof. Waiver by a party of any particular default by the other party shall not constitute a waiver of any subsequent default of the same or different
nature. 


        9.10 Partial Invalidity. If any provision of this Agreement shall be declared void, voidable, illegal or unenforceable by any
court of competent jurisdiction, administrative body or arbitration panel, such declaration or finding shall not void or cancel the other provisions of this Agreement which shall remain binding upon
the parties. Any provision of this Agreement if found invalid, illegal or unenforceable shall be renegotiated by the parties to accomplish so far as possible the business purpose of this Agreement. 



        9.11 Entire Agreement. This Agreement and the Exhibits attached hereto constitutes the entire and complete agreement of the
parties with respect to the subject matter hereof and supersedes any and all prior understandings, promises, representations and agreements, oral or written. The parties further intend that this
Agreement and the Exhibits attached hereto constitute the complete and exclusive 


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statement
of its terms and that no extrinsic evidence whatsoever may be introduced in any judicial or other proceeding, if any, involving this Agreement. Neither party shall be bound by or liable to
the other for any representation, promise, or inducement, whether prior to or concurrent with, made by any agent or person in the other's employ, not embodied in this Agreement or the Exhibits
attached hereto. 


        9.12 Exhibits. Each of the exhibits referred to herein and attached hereto is an integral part of this Agreement and is
incorporated herein by this reference. 


        9.13 Survival of Certain Provisions. The obligations set forth in Sections 2.3, 2.5, 2.6, 2.9 and 3.1 and Articles 4, 5, 6,
7, 8 and 9 shall survive and remain in effect beyond any termination or expiration of this Agreement and shall apply to either party's permitted successors and assigns. 



        9.14 Force Majeure. Neither party shall be held liable or responsible for delay or failure to perform any of such party's
obligations under this Agreement occasioned by any cause beyond its reasonable control, including but not limited to war, acts of God, acts of terrorism, civil disturbance, fire, flood, earthquake,
epidemic, quarantine restrictions, unusually severe weather, acts or defaults of common carriers, freight embargoes, strike or other labor trouble, lack of or inability to obtain raw materials,
transportation, labor, fuel or supplies; power outages, governmental laws, acts, regulations, embargoes, or orders (whether or not such later prove to be invalid), or any other cause, contingency or
circumstance within or without the United States not subject to such party's reasonable control (a "Force Majeure Event"). The party suffering a Force
Majeure Event shall [...***...] notify the other party of such Force Majeure Event. A party shall be excused from its performance to the extent caused by such Force Majeure
Event; provided that such party (i) gives notice of the Force Majeure Event to the other party [...***...] after its occurrence, (ii) uses its reasonable efforts
(including executing any disaster plan) to overcome, mitigate and remove the cause of the event preventing or delaying performance, (iii) continues the performance of all its obligations under
this Agreement that are not prevented or delayed and (iv) upon cessation of the Force Majeure Event, [...***...] performs or completes performance of the obligations
which were prevented or delayed. If Licensee's inability to perform continues for [...***...] or more from notification to Licensor of the Force Majeure Event, Licensor shall
have the right to terminate its obligations to Licensee with no further liability under this Agreement upon prompt written notice. 





Confidential
treatment has been requested for portions of this document. This copy of the document filed as an Exhibit omits the confidential information subject to the confidentiality request.
Omissions are designated by the symbol [...***...]. A complete version of this document has been filed separately with the Securities and Exchange Commission. 


9





 

        9.15 Notices. Any notices required to be given from one party to the other shall be in writing and in the English language
and shall be deemed to have been properly given and effective on the date of delivery if delivered by hand, telegram, cable, or facsimile provided the delivery is confirmed in writing and sent by
mail. If mailed, by First Class Mail, Registered or Certified if necessary, Return-Receipt, postage pre-paid. One (1) business day after deposit of a recognized express courier and
addressed to the accurate address, including postcode as given below of the addressee or to such address that shall be designed by timely written notice to the other party as follows: 



	 
	 	 

	To Licensor:	 	Jazz Semiconductor

4321 Jamboree Road

Newport Beach, CA 92660

Attn: Mr. Shu Li

Fax No.:                                     
	

With copies to:	
 	

Carolyn Follis, Esq.

Jazz Semiconductor

4321 Jamboree Road

Newport Beach, CA 92660

Fax No.:                                     
	

 	
 	

and
	

 	
 	

James B. O'Neal, Esq.

Rutan & Tucker, LLP

611 Anton Blvd., Suite 1400

Costa Mesa, CA 92626-1931

Fax No.: (714) 546-9035
	

To Licensee:	
 	

Jazz / Hua Hong, LLC

4321 Jamboree Road

Newport Beach, CA 92660

Attn: Mr. Shu Li

Fax No.:                                     
	

To HHNEC:	
 	

Shanghai Hua Hong NEC Electronics Company, Limited

18F Jiushifuxing Building No. 918

Middle Huaihai Road

Shanghai, People's Republic of China

Attn: Mr. Zhang Wenyi

Fax No.: 86-21-50310510
	

With a copy to:	
 	

Shanghai Hua Hong NEC Electronics Company, Limited

No. 1188, Chuan Qiao Rd, Pu Dong Shanghai, Peoples Republic of China

Attn: Mr. William Wang

Fax No.:86-21-50310510






        9.16 Time is of the Essence. Time is of the essence with respect to this Agreement, as are the provisions relating to
ownership, confidential information and payments. 


        9.17 Further Assurances. Each party to this Agreement, upon the request of the other party, agrees to perform all further
acts and execute, acknowledge, and deliver any documents that may be reasonably necessary, appropriate, or desirable to carry out the provisions of this Agreement. 


10





 



        9.18 Publicity. Neither party shall make a press release, advertisement, public statement or disclosure to any third party
concerning the existence of this Agreement or its contents without the express written consent of the other party not to be unreasonably withheld or delayed. 


        9.19 Registration. Upon the request of Licensor, this Agreement shall be registered with the appropriate governmental
authorities in the People's Republic of China. 


        9.20 Counterparts. This Agreement may be signed in counterparts, which when taken together, shall constitute one and the same
instrument. 


        9.21 HHNEC
agrees that it shall be jointly and severally liable for any default in the performance of obligations by Licensee under this Agreement. 


        9.22 Proceedings. Notwithstanding anything to the contrary set forth herein, each party to this Agreement may enforce its
rights and remedies hereunder against any other party to this agreement without first having to proceed against both other parties or against any one particular party. 


        9.23 EFFECTIVENESS This Contract/Agreement shall become effective upon the effectiveness of the JOINT VENTURE CONTRACT ON THE
ESTABLISHMENT AND OPERATION OF SHANGHAI HUA HONG NEC ELECTRONICS COMPANY, LIMITED Dated August 30, 2003 


        [SIGNATURES
CONTAINED ON THE FOLLOWING PAGE] 


11







   
        IN WITNESS WHEREOF, the parties hereby have executed this Agreement as of the last date indicated below to be effective as of the Effective Date by their duly authorized representatives. 



	Newport Fab LLC, a Delaware limited liability company d/b/a Jazz Semiconductor	 	Jazz / Hua Hong LLC,

a Delaware limited liability company
	 	 	 	 	 
	By:	/s/  SHU LI      
	 	By:	/s/  JEFF R. MCHENRY      

	Name:	Shu Li	 	Name:	Jeff R. McHenry
	Title:	CEO	 	Title:	Executive Director of Marketing
	Date:	8/30/03	 	Date:	August 30, 2003
	 	 	 	 	 
	Shanghai Hua Hong NEC Electronics Company, Limited, a company organized under the laws of the People's Republic of China	 	 	 
	By:	/s/  K. SHIMAKURA      
	 	 	 
	Name:	K. Shimakura	 	 	 
	Title:	 	 	 	 
	Date:	 	 	 	 




12







 
 
 

EXHIBIT "A"
  TO TECHNOLOGY LICENSE AGREEMENT    
    


[...***...] 





Confidential
treatment has been requested for portions of this document. This copy of the document filed as an Exhibit omits the confidential information subject to the confidentiality request.
Omissions are designated by the symbol [...***...]. A complete version of this document has been filed separately with the Securities and Exchange Commission. 







 
 
 

EXHIBIT "B"
  TO TECHNOLOGY LICENSE AGREEMENT
  
    DESCRIPTION OF PATENTS    
    


[...***...] 





Confidential
treatment has been requested for portions of this document. This copy of the document filed as an Exhibit omits the confidential information subject to the confidentiality request.
Omissions are designated by the symbol [...***...]. A complete version of this document has been filed separately with the Securities and Exchange Commission. 






EXHIBIT "C"

TO TECHNOLOGY LICENSE AGREEMENT

WAFERS  


[...***...]






Confidential
treatment has been requested for portions of this document. This copy of the document filed as an Exhibit omits the confidential information subject to the confidentiality request.
Omissions are designated by the symbol [...***...]. A complete version of this document has been filed separately with the Securities and Exchange Commission. 









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Exhibit 10.53


TECHNOLOGY LICENSE AGREEMENT Jazz Advanced Technology



EXHIBIT A


EXHIBIT B