**Exhibit 10.4**

 

**CERTAIN INFORMATION (INDICATED BY “[***]”) IN THIS EXHIBIT HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION.  CONFIDENTIAL TREATMENT HAS BEEN REQUESTED WITH RESPECT TO THE OMITTED PORTIONS.**

 

TOSHIBA

 

Toshiba America Electronic Components, Inc.

2950 Orchard Parkway, San Jose, CA 95131

 

**Design and Production Agreement**

 

**Amendment #1**

 

**Netlist Inc.**

 

This Design and Production Agreement Amendment effective May 22, 2009 (the “Effective Date”) is between Toshiba America Electronic Components, Inc., with a principal place of business at 19900 MacArthur Boulevard, Suite 400, Irvine, CA 92612 (“TAEC”) and Netlist Inc. with a place of business at 51 Discovery, Suite 150 Irvine, CA 92618 (“Customer”) and sets out the terms and conditions under which TAEC will design the product identified herein for Customer.

 

**1.             Project Name**

 

Register ASIC

 

**2.             Summary**

 

This Amendment #1 to the Register ASIC Design and Production Agreement, dated July 31, 2008, (TAEC#27N1242613) is hereby amended to remove the Major Project Milestones in section 4. Schedule and replace with the following Major Project Milestones as follows:

 

**4.             Schedule**

 

**Major Project Milestones**

 
| **Event**                                          | ** ** | **Target Date/Completed** |
|----------------------------------------------------|------------|--------------------------------|
| Development   PO Released                          | ** ** | **[***]**                      |
| Preliminary   Feasibility Study                    | ** ** | **[***]**                      |
| Design   Decision                                  | ** ** | **[***]**                      |
| Design   Initiation                                | ** ** | **[***]**                      |
| Package   Selection Finalized                      | ** ** | **[***]**                      |
| Early   Netlist for Pipecleaning                   | ** ** | **[***]**                      |
| Final   Netlist (functionally correct)             | ** ** | **[***]**                      |
| Tape   Out — Second Sign off (GDSII transfer) | ** ** | **[***]**                      |
| Delivery   of prototypes                           | ** ** | **[***]**                      |
| System   compliance phase - start                  | ** ** | **[***]**                      |
| System   compliance phase - complete               | ** ** | **[***]**                      |
| 1st   Risk Production shipment                     | ** ** | **[***]**                      |

 

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Except as modified herein, all other terms and conditions of the Design and Production Agreement shall remain in full force and effect per their terms.

 
| **Toshiba   America Electronic Components, Inc.** | ** ** | **NetList   Inc.**                                 |
|--------------------------------------------------------|------------|----------------------------------------------------|
|                                                   |       |                                               |
| */s/   Takeshi Iwamoto*                                |       | */s/   James P. Perrott*                           |
| Signature                                              |       | Signature                                          |
|                                                   |       |                                               |
|                                                   |       |                                               |
| Takeshi   Iwamoto VP, Customer SoC &          |       | James   P. Perrott, SVP Sales & Marketing |
| Foundry   Business Unit                                |       | Printed   Name and Title                           |
| Printed   Name and Title                               |       |                                               |
|                                                   |       | 5-22-09                                            |
| 5-22-09                                                |       | Date                                               |
| Date                                                   |       |                                               |

 

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