**Exhibit10.4**

 

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

 

TOSHIBA

 

ToshibaAmerica Electronic Components, Inc.

2950Orchard Parkway, San Jose, CA 95131

 

**Designand Production Agreement**

 

**Amendment#1**

 

**NetlistInc.**

 

This Design and Production AgreementAmendment effective May 22, 2009 (the “Effective Date”) is between ToshibaAmerica Electronic Components, Inc., with a principal place of business at19900 MacArthur Boulevard, Suite 400, Irvine, CA 92612 (“TAEC”) andNetlist Inc. with a place of business at 51 Discovery, Suite 150 Irvine,CA 92618 (“Customer”) and sets out the terms and conditions under which TAECwill design the product identified herein for Customer.

 

**1.             Project Name**

 

Register ASIC

 

**2.             Summary**

 

This Amendment #1 to the Register ASIC Designand Production Agreement, dated July 31, 2008, (TAEC#27N1242613) is herebyamended to remove the Major Project Milestones in section 4. Schedule andreplace 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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Exceptas modified herein, all other terms and conditions of the Design and ProductionAgreement 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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