Document:

<PAGE>   1
                                                                     EXHIBIT 4.1
                                                                [Conformed Copy]

                      FIRST AMENDMENT TO RIGHTS AGREEMENT

                This FIRST AMENDMENT TO RIGHTS AGREEMENT (the "Amendment") dated
as of December 9, 1999 between Conexant Systems, Inc., a Delaware corporation
(the "Company"), and ChaseMellon Shareholder Services, L.L.C. (the "Rights
Agent") is entered into to amend the Rights Agreement dated as of November 30,
1998 in the following particulars only:

                              W I T N E S S E T H :

                WHEREAS, the Company and the Rights Agent are party to the
Rights Agreement dated as of November 30, 1998 (the "Agreement");

                WHEREAS, the Board of Directors of the Company authorized the
increase of the Purchase Price (as defined in the Agreement) to $300 effective
September 13, 1999, subject to adjustment as provided in the Agreement;

                WHEREAS, the Board of Directors of the Company has authorized
and directed the issuance of Rights with respect to certain Common Shares of the
Company that may become outstanding after the Distribution Date and an amendment
to the Agreement to so provide; and

                WHEREAS, the Company and the Rights Agent desire to amend the
Agreement as set forth herein;

                NOW, THEREFORE, in consideration of the premises and of the
mutual agreements hereinafter contained, the parties agree as follows:

                1. Definitions. Capitalized terms used in this Amendment and
defined in the Agreement shall, unless otherwise indicated in this Amendment,
have the meanings ascribed to such terms in the Agreement.

                2. Amendment of Preamble. The second paragraph of the preamble
of the Agreement is hereby amended by adding at the end thereof the following:

"; provided, however, that Rights may be issued with respect to Common Shares
that shall become outstanding after the Distribution Date and prior to the
earlier of the Redemption Date and the Final Expiration Date in accordance with
the provisions of Section 22 hereof."

<PAGE>   2

                3. Amendment of Section 7(a). The last sentence of Section 7(a)
of the Agreement is hereby amended and restated in its entirety to read as
follows:

"The purchase price (the 'Purchase Price') for each one one-hundredth of a
Preferred Share purchasable pursuant to the exercise of a Right shall be $300.00
effective September 13, 1999, and shall be subject to adjustment from time to
time as provided in Section 11 or 13 hereof and shall be payable in lawful money
of the United States of America in accordance with paragraph (c) below."

                4. Amendment of Section 22. Section 22 of the Agreement is
hereby amended by adding at the end thereof the following:

"In addition, in connection with the issuance or sale of Common Shares following
the Distribution Date and prior to the earlier of the Redemption Date and the
Final Expiration Date, the Company (a) shall with respect to Common Shares so
issued or sold pursuant to the exercise of stock options or under any employee
plan or arrangement in existence prior to the Distribution Date, or upon the
exercise, conversion or exchange of securities, notes or debentures (pursuant to
the terms thereof) issued by the Company and in existence prior to the
Distribution Date, and (b) may, in any other case, if deemed necessary or
appropriate by the Board of Directors of the Company, issue Right Certificates
representing the appropriate number of Rights in connection with such issuance
or sale; provided, however, that (i) the Company shall not be obligated to issue
any such Right Certificates if, and to the extent that, the Company shall be
advised by counsel that such issuance would create a significant risk of
material adverse tax consequences to the Company or the Person to whom such
Right Certificate would be issued or would create a significant risk of such
options or employee plans or arrangements failing to qualify for otherwise
available special tax treatment, and (ii) no such Right Certificate shall be
issued if, and to the extent that, appropriate adjustment shall otherwise have
been made in lieu of the issuance thereof."

                5. Interpretation. In the event of any inconsistency or
contradiction between the terms of this Amendment and the Agreement, the
provisions of this Amendment shall prevail and control. Except as expressly
amended by this Amendment, the Agreement shall remain in full force and effect.

                6. Effectiveness. This Amendment shall become effective when it
has been executed by each party hereto.

                7. Counterparts. This Amendment may be executed in any number of
counterparts and each of such counterparts shall for all purposes be deemed to
be an

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<PAGE>   3

original, and all such counterparts shall together constitute but one and the
same instrument.

                8. Governing Law. This Amendment for all purposes shall be
governed by and construed in accordance with the laws of the State of Delaware
applicable to contracts to be made and performed entirely within such State,
without regard to the conflicts of law principles of such State.

                9. Severability. If any term, provision, covenant or restriction
of this Amendment is held by a court of competent jurisdiction or other
authority to be invalid, void or unenforceable, the remainder of the terms,
provisions, covenants and restrictions of this Amendment and of the Agreement
shall remain in full force and effect and shall in no way be affected, impaired
or invalidated.

                IN WITNESS WHEREOF, the parties hereto have caused this
Amendment to be duly executed and attested, all as of the day and year first
above written.

                                              CONEXANT Systems, Inc.
Attest:

By  /s/ Jasmina A. Theodore                   By  /s/ Dwight W. Decker
  -------------------------------------         -------------------------------
    Title:  Assistant Secretary                   Title: Chairman and Chief
                                                         Executive Officer

                                              CHASEMELLON SHAREHOLDER
                                                  SERVICES, L.L.C., as Rights
                                                  Agent
Attest:

By  /s/ Ron Lug                               By  /s/ Sharon Knepper
  -------------------------------------           ------------------------------
    Title: Vice President                         Title: Vice President<PAGE>   1
                                                                    EXHIBIT 10.1
                                                                [Conformed Copy]

                       FOURTH AMENDMENT TO LOAN DOCUMENTS

                THIS FOURTH AMENDMENT ("Amendment"), dated as of November 23,
1999, is entered into by and among Conexant Systems, Inc., (the "Company"), each
of the Subsidiaries party to the Credit Agreement (as defined below) as of the
date hereof (the "Borrower Subsidiaries" and together with the Company, each a
"Borrower" and collectively, the "Borrowers"), the Lenders party to the Credit
Agreement, the Issuing Bank (as defined in the Credit Agreement) and Credit
Suisse First Boston, a bank organized under the laws of Switzerland, acting
through its New York branch, as administrative agent (in such capacity, the
"Administrative Agent") and as collateral agent for the Lenders (in such
capacity, the "Collateral Agent", and together with the Administrative Agent,
the "Agents").

                                    RECITALS

                A. The Borrowers, Lenders, the Issuing Bank and the Agents are
parties to a certain Credit Agreement dated as of December 21, 1998 (as amended
prior to the date hereof, the "Credit Agreement") pursuant to which the Lenders
have agreed to extend credit to the Borrower.

                B. The Company has requested that the Lenders amend certain
provisions of the Credit Agreement.

                C. The parties are willing to amend and modify the Credit
Agreement subject to the terms and conditions of this Amendment.

                NOW, THEREFORE, for valuable consideration, the receipt and
adequacy of which are hereby acknowledged, the parties hereby agree as follows:

                1. DEFINED TERMS. Unless otherwise defined herein, capitalized
terms used herein shall have the meanings, if any, assigned to them in the
Credit Agreement, as amended.

                2. AMENDMENT OF CREDIT AGREEMENT.

                (a) Section 2.13(c) of the Credit Agreement is amended to read
in its entirety as follows:

                        "(c) Not later than the third Business Day following the
                receipt of Net Cash Proceeds in respect of any Restricted
                Indebtedness, which, when added to the Net Cash Proceeds of all
                Restricted Indebtedness previously incurred, created or assumed
                since the Closing Date exceed $100,000,000 in the aggregate, the
                Total Revolving Commitment shall be reduced on a dollar for
                dollar basis by the amount of such Net Cash Proceeds from
                Restricted Indebtedness in the aggregate in excess of
                $100,000,000, provided, however, that in determining the
                foregoing

<PAGE>   2

                there shall be excluded from Net Cash Proceeds any and all
                proceeds arising from Indebtedness referred to in clauses (2)
                and (3) of the definition of "Acquisition Cost" in Section 6.4."

                (b) Section 6.4(b)(ii) of the Credit Agreement is amended to
read in its entirety as follows:

                        "(ii) investments selected by the Company in accordance
                with its Investment Authority policy as adopted by the Company
                on December 14, 1998 (as the same may be amended to time to
                time);"

                (c) Section 6.4(b)(xiii) of the Credit Agreement is amended to
read in its entirety as follows:

                        "(xiii) other Investments of any kind in a Related
                Business; provided, that:

                                (x) no Default or Event of Default exists at the
                        time of making such Investment or would result from the
                        making of such Investment; and

                                (y) the Company shall have delivered to the
                        Administrative Agent a certificate certifying that at
                        the time of and immediately after giving effect to any
                        such Investment, the ratio of (1) the Total Debt of the
                        Company and its Subsidiaries on the date of such
                        Investment (including all Indebtedness incurred in
                        connection with or resulting from such Investment that
                        would constitute Total Debt) to (2) the sum of, without
                        duplication, (I) Pro Forma Acquisition EBITDA of the
                        entity, business, property or assets acquired pursuant
                        to such Investment, plus (II) Consolidated EBITDA, in
                        each case for the period of four fiscal quarters most
                        recently ended prior to the date of such Investment,
                        shall be equal to or less than 2.25:1 on the subject
                        date; provided, that the Company shall have no
                        obligation to deliver a certificate certifying the
                        information set forth in this clause (y) in respect of
                        any Investment in a Related Business which has an
                        Acquisition Cost of less than $10,000,000 until the
                        first to occur of:

                                (i) the aggregate Acquisition Cost of all such
                                Investments for which no certificate has been
                                delivered pursuant to this clause (y) exceeds
                                $25,000,000, or

                                (ii) the Company makes such an Investment with
                                an Acquisition Cost equal to or greater than
                                $10,000,000, at which time the Company shall
                                deliver the certificate certifying the
                                information set forth in this clause (y) on a
                                combined basis for all such

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                                Investments in a Related Business for which no
                                certificate has previously been delivered
                                pursuant to such clause; and

                                (z) in the case of an Investment in a Foreign
                        Entity, immediately before and after giving effect
                        thereto:

                                (i) the dollar equivalent of the aggregate
                                Company Share of the Tangible Assets of all
                                Foreign Entities in which the Company or any of
                                its Subsidiaries holds Investments shall not
                                exceed 20% of the Tangible Assets of the Company
                                and its Subsidiaries, determined on a
                                consolidated basis in accordance with GAAP as of
                                the date of the most recent financial statements
                                filed pursuant to Section 5.4 of the Credit
                                Agreement; and

                                (ii) the dollar equivalent of the aggregate
                                Company Share of the Tangible Net Worth of all
                                Foreign Entities in which the Company or any of
                                its Subsidiaries holds Investments shall not
                                exceed 20% of the Tangible Net Worth of the
                                Company and its Subsidiaries, determined on a
                                consolidated basis in accordance with GAAP as of
                                the date of the most recent financial statements
                                filed pursuant to Section 5.4 of the Credit
                                Agreement;

                        provided, however, that this clause (z) shall not permit
                        Investments of the type referred to in Section
                        6.4(a)(iv) in a Foreign Entity in which neither the
                        Company nor any of its Subsidiaries holds an Investment
                        consisting of capital stock or other equity interests.

                For purposes of this Agreement, the terms set forth below shall
                have the following meanings:

                        "Acquisition Cost" shall mean, with respect to any
                Investment, the sum of, without duplication, (1) the amount of
                any money paid to acquire such Investment, plus (2) the
                principal amount of any Indebtedness issued by the Company or
                any Subsidiary to acquire such Investment, plus (3) the
                principal amount of any Indebtedness assumed in connection with
                the acquisition of such Investment (including, in the case of
                the acquisition of capital stock or other equity securities of
                any person that, after giving effect to such acquisition,
                becomes a Subsidiary, the principal amount of the Indebtedness
                of such person outstanding on the date it becomes a Subsidiary,
                after giving effect to any prepayment or repayment of
                Indebtedness made contemporaneously with such acquisition), plus
                (4) in the case of any Investment of the type referred to in
                Section 6.4(a)(iii), the fair market value, as determined by the
                board of directors of the Company, of any property contributed
                in kind to any person other than any Subsidiary Guarantor which
                is a Domestic Subsidiary.

                        "Company Share" shall mean, with respect to any Person
                in which the

                                       3
<PAGE>   4

                Company or any Subsidiary holds an Investment consisting of
                capital stock or other equity interests, a percentage equal to
                the Company's or such Subsidiary's aggregate interest in the
                capital or profits of such Person (whichever is less).

                        "Foreign Entity" shall mean any Foreign Subsidiary or
                any other Person not incorporated or organized under the laws of
                the United States of America, any State thereof or the District
                of Columbia.

                        "Intangible Assets" shall mean assets that are
                considered to be intangible assets under GAAP.

                        "Tangible Assets" shall mean, with respect to any
                Person, the assets of such Person determined in accordance with
                GAAP, exclusive of Intangible Assets of such Person.

                        "Tangible Net Worth" shall mean, with respect to any
                Person, the Net Worth of such Person, less the value of the
                Intangible Assets of such Person determined in accordance with
                GAAP."

                (d) Section 6.5(a)(i) of the Credit Agreement is amended to read
in its entirety as follows:

                        "(i) if at the time thereof and immediately after giving
                effect thereto no Default or Event of Default shall have
                occurred and be continuing (A) any wholly-owned Subsidiary may
                merge into the Company in a transaction in which the Company is
                the surviving corporation, (B) any wholly-owned Subsidiary may
                merge into or consolidate with any other wholly-owned Subsidiary
                that is a Subsidiary Guarantor and is a Domestic Subsidiary in a
                transaction in which the surviving entity is a wholly-owned
                Subsidiary that is a Subsidiary Guarantor and is a Domestic
                Subsidiary and no person other than the Company or a
                wholly-owned Subsidiary that is a Subsidiary Guarantor and is a
                Domestic Subsidiary receives any consideration, (C) the Company
                or any Subsidiary may merge or consolidate with any other person
                in connection with any Investment permitted by Section
                6.4(a)(i), provided that, to the extent the Company is a party
                to such a merger or consolidation with a Foreign Entity, the
                Company shall be the surviving corporation, (D) any wholly-owned
                Foreign Entity may merge into or consolidate with any other
                wholly-owned Foreign Entity, (E) any wholly-owned Foreign Entity
                may merge into or consolidate with the Company or any
                wholly-owned Subsidiary that is a Subsidiary Guarantor and is a
                Domestic Subsidiary in a transaction in which the surviving
                entity is the Company or a wholly-owned Subsidiary that is a
                Subsidiary Guarantor and is a Domestic Subsidiary and (F) any
                Foreign Entity may merge into or consolidate with any
                wholly-owned Foreign Entity in a transaction in which the
                surviving entity is a wholly-owned Foreign Entity in a
                transaction permitted by Section 6.4; and"

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<PAGE>   5

                (e) The parenthetical beginning on the third line of Section
6.5(a)(ii)(C) of the Credit Agreement is amended to read as follows:

                "(within 60 days after the occurrence of such sale or
disposition of property)"

                3. REPRESENTATIONS AND WARRANTIES. The Borrowers hereby
represent and warrant to the Administrative Agent and the Lenders as follows:

                (a) No Default or Event of Default has occurred and is
continuing after giving effect to this Amendment.

                (b) The execution, delivery and performance by the Borrowers of
this Amendment has been duly authorized by all necessary corporate and other
action and do not and will not require any registration with, consent or
approval of, notice to or action by, any Person in order to be effective and
enforceable. The Credit Agreement, as amended by this Amendment, constitutes the
legal, valid and binding obligation of the Borrowers parties thereto,
enforceable against them in accordance with its terms.

                (c) All representations and warranties of the Borrowers
contained in the Credit Agreement and in the other Loan Documents are true and
correct in all material respects as of the date hereof with the same effect as
though made on the date hereof and as though applied to the Credit Agreement as
herein amended, except to the extent such representations and warranties
expressly relate to an earlier date.

                (d) The Borrowers are entering into this Amendment on the basis
of their own investigation and for their own reasons, without reliance upon the
Agents, the Lenders or any other Person.

                4. EFFECTIVENESS DATE. This Amendment shall become effective as
of the date (the "Closing Date") as of which the Administrative Agent shall have
received, in form and substance satisfactory to the Administrative Agent,
counterparts (or if elected by the Administrative Agent, an executed facsimile
copy) of (i) this Amendment executed by the Required Lenders, the Borrowers and
the Agents and (ii) the Guarantor Acknowledgment and Consent annexed to this
Amendment, executed by each of the Guarantors.

                5. RESERVATION OF RIGHTS. The Borrowers acknowledge and agree
that the execution and delivery by the Agents and the Lenders of this Amendment,
shall not be deemed (i) to create a course of dealing or otherwise obligate the
Agents or the Lenders to forbear or execute similar amendments under the same or
similar circumstances in the future, or (ii) to amend, relinquish or impair any
right of the Agents or the Lenders to receive any indemnity or similar payment
from any Person or entity as a result of any matter arising from or relating to
this Amendment.

                6. MISCELLANEOUS.

                                       5
<PAGE>   6

                (a) Except as herein amended, all terms, covenants and
provisions of the Credit Agreement are and shall remain in full force and effect
and all references therein to the Credit Agreement shall henceforth refer to the
Credit Agreement as amended by this Amendment. This Amendment shall be deemed
incorporated into, and a part of, the Credit Agreement.

                (b) This Amendment shall be binding upon and inure to the
benefit of the parties hereto and their respective successors and assigns. No
third party beneficiaries are intended in connection with this Amendment.

                (c) This Amendment shall be governed by and construed in
accordance with the law of the State of New York.

                (d) This Amendment may be executed in any number of
counterparts, each of which shall be deemed an original, but all such
counterparts together shall constitute but one and the same instrument. Each of
the parties hereto understands and agrees that this document (and any other
document required herein) may be delivered by any party thereto either in the
form of an executed original or an executed original sent by facsimile
transmission to be followed promptly by mailing of a hard copy original, and
that receipt by the Administrative Agent of a facsimile transmitted document
purportedly bearing the signature of a Lender or a Borrower shall bind such
Lender or such Borrower, respectively, with the same force and effect as the
delivery of a hard copy original. Any failure by the Administrative Agent to
receive the hard copy executed original of such document shall not diminish the
binding effect of receipt of the facsimile transmitted executed original of such
document of the party whose hard copy page was not received by the
Administrative Agent.

                (e) This Amendment, together with the Credit Agreement and the
other Loan Documents, contains the entire and exclusive agreement of the parties
hereto with reference to the matters discussed herein and therein. This
Amendment supersedes all prior drafts and communications with respect thereto.
This Amendment may not be amended except in accordance with the provisions of
Section 9.8 of the Credit Agreement.

                (f) If any term or provision of this Amendment shall be deemed
prohibited by or invalid under any applicable law, such provision shall be
invalidated without affecting the remaining provisions of this Amendment or of
the Credit Agreement, the Pledge Agreement and the Security Agreement.

                (g) The Borrowers covenant to pay to or reimburse the
Administrative Agent, upon demand, for all reasonable costs and expenses
(including costs of its outside legal counsel and allocated costs of in-house
counsel) actually incurred by the Administrative Agent in connection with the
development, preparation, negotiation, execution and delivery of this Amendment.

                (h) The Borrowers (and each Guarantor by execution of the
Acknowledgment) confirm that the Security Documents secure the Obligations under
the Credit Agreement as amended by this Amendment. Each Guarantor by execution
of the Acknowledgment confirms

                                       6
<PAGE>   7

that the benefit of such Guarantor's Company Guarantee Agreement or Subsidiary
Guarantee Agreement, as applicable, applies to all Obligations under the Credit
Agreement as amended by this Amendment.

                                       7
<PAGE>   8

                IN WITNESS WHEREOF, the parties hereto have executed and
delivered this Amendment as of the date first above written.

                            CONEXANT SYSTEMS, INC.

                            By: /s/ Kerry K. Petry
                               -----------------------------------------
                               Name: Kerry K. Petry
                               Title: Vice President and Treasurer

                            CONEXANT SYSTEMS FRANCE S.A.S.

                            By: /s/ Marc Ugolini
                               -----------------------------------------
                               Name: Marc Ugolini
                               Title: Director of Finance & Administration,
                                       Europe

                            CONEXANT SYSTEMS U.K. LIMITED

                            By: /s/ Kerry K. Petry
                               -----------------------------------------
                               Name: Kerry K. Petry
                               Title: Treasurer

                            CONEXANT SYSTEMS HOLDINGS LIMITED

                            By: /s/ Kerry K. Petry
                               -----------------------------------------
                               Name: Kerry K. Petry
                               Title: Treasurer

                            CREDIT SUISSE FIRST BOSTON, as a Lender, Issuing
                            Bank, Administrative Agent, Collateral Agent and
                            Swingline Lender

                            By: /s/ Chris T. Horgan
                               -----------------------------------------
                                Name: Chris T. Horgan
                                Title: Vice President

<PAGE>   9

                            By: /s/ Bill O'Daly
                               -----------------------------------------
                                Name: Bill O'Daly
                                Title: Vice President

                            UNION BANK OF CALIFORNIA, N.A.
                            as a Lender

                            By: /s/ Glenn Leyrer
                               -----------------------------------------
                                Name: Glenn Leyrer
                                Title: Vice President

                            BANK POLSKA KASA OPIEKI, S.A.-PEKAO S.A. GROUP,
                            NEW YORK BRANCH,
                            as a Lender

                            By:
                               -----------------------------------------
                               Name:
                                    ------------------------------------
                               Title:
                                     -----------------------------------

                            BANQUE NATIONALE DE PARIS,
                            as a Lender

                            By: /s/ C. Bettles
                               -----------------------------------------
                                Name: C. Bettles
                                Title: Senior Vice President & Manager

                            By: /s/ Tjalling Terpstra
                               -----------------------------------------
                                Name: Tjalling Terpstra
                                Title: Vice President

                            COMERICA WEST INCORPORATED,
                            as a Lender

                            By: /s/ Emmanuel M. Skevofilax
                               -----------------------------------------
                                Name: Emmanuel M. Skevofilax
                                Title: Vice President

<PAGE>   10

                            BANK ONE, N.A.
                            (f.k.a. The First National Bank of Chicago),
                            as a Lender

                            By: /s/ Mark A. Isley
                               -----------------------------------------
                                Name: Mark A. Isley
                                Title: First Vice President

                            KEYBANK NATIONAL ASSOCIATION,
                            as a Lender

                            By: /s/ Mary K. Young
                               -----------------------------------------
                                Name: Mary K. Young
                                Title: Assistant Vice President

                            NATIONAL BANK OF CANADA,
                            as a Lender

                            By: /s/ David W. Shaw
                               -----------------------------------------
                                Name: David W. Shaw
                                Title: Vice President

                            By: /s/ Mark A. Tito
                               -----------------------------------------
                                Name: Mark A. Tito
                                Title: Vice President

                            TRANSAMERICA COMMERCIAL FINANCE CORPORATION,
                            as a Lender

                            By: /s/ Christopher C. Meals
                               -----------------------------------------
                                Name: Christopher C. Meals
                                Title: Vice President - Credit

<PAGE>   11

                            CHIAO TUNG BANK,
                            as a Lender

                            By: /s/ Mike Chiu
                               -----------------------------------------
                                Name: Mike Chiu
                                Title: Senior Vice President & General Manager

                            HAMILTON BANK,
                            as a Lender

                            By: /s/ Hector F. Ramirez
                               -----------------------------------------
                                 Name: Hector F. Ramirez
                                 Title: Senior Vice President

                            By: /s/ Adolfo D. Martinez
                               -----------------------------------------
                                 Name: Adolfo D. Martinez
                                 Title: Senior Vice President

                            IBM CREDIT CORPORATION,
                            as a Lender

                            By: /s/ Sal Grasso
                               -----------------------------------------
                                 Name: Sal Grasso
                                 Title: Manager of Credit

                            UBS AG, STAMFORD BRANCH,
                            as a Lender

                            By: /s/ Robert H. Riley III
                               -----------------------------------------
                                Name: Robert H. Riley III
                                Title: Executive Director

                            By: /s/ Wilfred Saint
                               -----------------------------------------
                                 Name: Wilfred Saint
                                 Title: Associate Director
                                        Loan Portfolio Support, US

<PAGE>   12

                      GUARANTOR ACKNOWLEDGMENT AND CONSENT

                The undersigned, each a guarantor or third party pledgor with
respect to the Borrowers' obligations to the Agents and the Lenders under the
Credit Agreement, each hereby (i) acknowledges and consents to the execution,
delivery and performance by the Company and the Borrower Subsidiaries of the
foregoing Fourth Amendment to Credit Agreement ("Amendment"), and (ii) reaffirm
and agree that the respective guaranty, pledge agreement or security agreement
to which the undersigned is party and all other documents and agreements
executed and delivered by the undersigned to the Administrative Agent or the
Collateral Agent and the Lenders in connection with the Credit Agreement are in
full force and effect, without defense, offset or counterclaim. (Capitalized
terms used herein have the meanings specified in the Amendment.)

                                    GUARANTORS

                                    CONEXANT SYSTEMS, INC.
                                    CONEXANT SYSTEMS WORLDWIDE, INC.
                                    BROOKTREE CORPORATION
                                    BROOKTREE WORLDWIDE SALES CORPORATION

                                    By: /s/ Kerry K. Petry
                                       -----------------------------------------
                                          Name: Kerry K. Petry
                                          Title: Treasurer

November 23, 1999

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