Document:

exv10w6

 

Exhibit 10.6

CONDITIONS OF EMPLOYMENT

The company requires all employees to sign a Conditions of Employment Agreement
upon joining the company. This Agreement confirms an employee’s ethical
commitment to: (1) put forth full-time efforts for the company during the
course of employment; (2) not disclose or make outside use of company or
customer trade secrets; (3) protect the company against unethical loss of
employees or customers; and (4) protect company property.

The specific Conditions of Employment Agreement that follows should be referred
to for full details on the concerns and terms of employment.

MANUGISTICS, INC. CONDITIONS OF EMPLOYMENT

As a condition to, and in consideration of, my continued employment as an at
will employee, or certain changes or improvements related to my employment, I
agree with Manugistics, Inc. and Subsidiaries (“Manugistics”) as follows:

1. PRIOR UNDERSTANDING

Except as fully disclosed in any attachment to this Agreement, I am not
presently a party to any prior agreement or understanding with a former
employer or with any other person or business or any other legal restriction or
obligation which would in any way prohibit, impede, or hinder my employment
with Manugistics or the performance of my duties in the course of such
employment. I also fully understand that I have a duty not to disclose any
trade secrets that I have learned at previous employers during my employment
with Manugistics.

2. FULL EFFORTS WHILE EMPLOYED

Manugistics is entitled to my full-time and efforts during the course of my
employment. Therefore, I will not, without Manugistics’ prior written
approval, while employed by Manugistics, engage in any employment, for myself
or for any other person or business, which requires the use of skills for which
I was hired by Manugistics or the use of skills attained during the course of
my employment with Manugistics which would conflict with or compete with my
employment with Manugistics.

3. TRADE SECRETS AND CONFIDENTIAL INFORMATION

I fully understand that my employment with Manugistics creates a relationship
of confidence and trust between Manugistics and me with respect to confidential
information and unless and until made publicly available through no act or
omission of mine, all customer lists, and all features and documentation of
Manugistics’ programs, designs, technical memoranda, pricing policies, business
plans, proposals, results of development, and techniques and any other
information or property of Manugistics designated by it as confidential and
proprietary, and any information or property entrusted to Manugistics by any of
its customers are Manugistics’ (or such customer’s, as the case may be) trade
secrets. I acknowledge that I have access to these trade secrets, which are
valuable, have been developed at considerable time and expense, are unique, and
are kept confidential by Manugistics. I also acknowledge that Manugistics
would be damaged and its competitors benefited, if its trade secrets or those
of its customers were made available to persons outside Manugistics. Except to
the extent necessary in the regular course of my employment, or as otherwise
authorized or directed in writing by an officer of Manugistics, I will maintain
in confidence and will not knowingly

 

 

use or disclose to any person, either during or after the period of my
employment, any such trade secrets or any unpublished information regarding the
financial affairs of Manugistics, its salary structure, its relationships with
its customers, and such other unpublished information as may be helpful to its
competitors or embarrassing to it or its customers. I will also report to the
company all unauthorized disclosures regarding the matters stated in this
provision.

4. COMPANY PROPERTY

All manuals, letters, notes, notebooks, reports, records, drawings, contracts,
customer lists, proposals, and other solicitations for work, and all other
writings and materials, and copies, which are of a secret or confidential
nature, which relate to Manugistics’ operations, investigations or business,
which are in my possession or which come into my possession during the period
of my employment, and all samples and other property of Manugistics, made or
received by me during any past or future period of employment with Manugistics,
are and shall be the property of Manugistics exclusively. I will keep the same
at all times in Manugistics’ custody and subject to its control and will
surrender the same to Manugistics or at before the termination of my
employment.

5. SOLICITATION OF EMPLOYEES, SOLICITATION OF CUSTOMERS, AND NON-COMPETITION
AFTER EMPLOYMENT

During the term of my employment with Manugistics and for one (1) year
thereafter, I will not, directly or indirectly, (a) solicit the employment of
or employ, for myself or for any other person or business, any other
Manugistics employee or any person who was a Manugistics employee at any time
during the one (1) year period preceding the termination of my employment with
Manugistics; or (b) in competition with Manugistics, solicit or attempt to
solicit business from, provide services to, or secure employment with any
person or entity which was a customer of Manugistics during my employment by
Manugistics, or any person or entity to whom Manugistics had proposed work
within one (1) year prior to the termination of my employment with Manugistics.
As a further protection for Manugistics’ legitimate business interests, I
agree that I will not accept employment, as either an employee or a consultant,
with any competitor of Manugistics for a period of one (1) year following my
termination from Manugistics. In the event this provision is found to be
unenforceable as written, the court so deciding may reduce the time periods
provided for herein to allow this provision to be enforced. I acknowledge that
the restrictions contained in this paragraph are reasonable and will not
unreasonably interfere with my ability to earn a living following my employment
with Manugistics.

6. COMPLIANCE WITH OBLIGATIONS TO THIRD PARTIES

Previous Employers - I understand and acknowledge that Manugistics
encourages all employees to comply in good faith with the terms of any
agreements with their former employers or other third parties. I hereby affirm
that my employment with Manugistics does not violate the terms of any
agreement, including any employment agreement, conditions of employment,
nondisclosure agreement or any other type of agreement that I have executed
with any other party. I understand that a breach of any such agreement could
cause me to be liable for contract and trade secret violations, and I hereby
agree that I shall abide by the terms of any agreements while performing
services for Manugistics. I also understand that such agreements may preclude
me from performing services for certain clients or in certain territories, and
I agree that I shall notify Manugistics of any restrictions on my ability to
perform services for Manugistics as an employee of Manugistics. I also
understand that such agreements may preclude or restrict my ability to solicit
employees from my former employer and to receive any Manugistics referral
bonuses related thereto, and I agree to abide by the terms of such agreements.

 

 

Clients, Partners - Manugistics Inc., is committed to a drug free
workplace and supports the Drug-Free Workplace Act of 1988. Employees are
prohibited from the possession or use of unlawful controlled substances, at any
time, on or off the job. Violations may result in mandatory rehabilitation or
serious disciplinary action up to, and including employment termination.

Many Manugistics clients have Drug and Alcohol Testing Programs in place.
These client programs will sometimes require that Manugistics employees submit
to drug and alcohol testing. Your signature on this Conditions of Employment
document indicates your willingness to abide by Manugistics and client
Drug/Alcohol Policies and testing programs.

7. INVENTIONS AND DISCOVERIES

I will disclose and assign to Manugistics all designs, improvements,
inventions, and discoveries relating to the business of Manugistics, which
shall have originated in connection with work done for Manugistics, which are
made, first reduced to practice, devised or conceived by me or by me jointly
with others during any past or future period of employment with Manugistics.
The foregoing obligation to disclose and assign to Manugistics my designs,
improvements, inventions, and discoveries shall apply whether or not they are
first reduced to practice, devised or conceived during regular working hours,
or on Manugistics’ premises, and/or at the expense of Manugistics. I will
disclose and assign to Manugistics all designs, improvements, inventions, and
discoveries, whether or not relating to the business of Manugistics, if
Manugistics’ machine or other resources or Manugistics’ property were used by
me in pursuit of same, or if said items were the result of efforts expended
during the working hours for which I am compensated by Manugistics. All such
designs, improvements, inventions, and discoveries shall remain Manugistics
property whether or not so disclosed or assigned and I will cooperate fully
with Manugistics during and after my employment in accomplishing the intent of
this provision.

8. EMPLOYEE HANDBOOK

I acknowledge that I am responsible for reading and understanding company
policies and procedures which can routinely be accessed by employees on the
Lotus Notes Database (See Employee Encyclopedia). Also in the Database is the
Employee Code of Conduct and the policies on public disclosure and
communications, trade secrets, computer center access and security precautions.
I agree to comply with these policies and procedures and acknowledge that
nothing contained herein or in the employee handbook may be construed as a
contract of employment for any period of time or changes my status as an at
will employee.

9. ELECTRONIC MAIL (e-mail)

I understand that by use of electronic mail (e-mail or Lotus Notes), it is
possible to create a valid legal contract. I also acknowledge that during my
employment with Manugistics, I will be required to use e-mail on a regular
basis as a means of communication within Manugistics and with people outside
the Company. I fully understand, acknowledge and agree that my e-mail
transmissions include an authentic legal signature, the equivalent of a hard
copy paper signature.

10. REMEDIES

I acknowledge that Manugistics does not have an adequate remedy at law should I
breach any of my obligations hereunder. I agree that Manugistics shall have,
in the event of such a breach, the right to a mandatory or prohibitive
injunction requiring compliance herewith, the right to compel specific
performance by a suit in equity, or to any other appropriate remedy at law or
in equity, including but not limited to the right to reimbursement of all legal
fees and other expenses incurred by Manugistics

 

 

in enforcing this Agreement. I understand that violation of any of these
Conditions of Employment may be grounds for immediate dismissal.

11. SEVERABILITY

If any provision or provisions of this Agreement are held to be invalid,
illegal, or unenforceable, the validity, legality and enforceability of the
remaining provisions will not in any way be affected or impaired thereby.

My signature below signifies my acceptance of each of the foregoing Conditions
of Employment.

The signed copy of this acknowledgment (hard copy or electronic) will be
retained by the Human Resources Department in the employee’s personnel file.

NAME (Type or Print)                                                                             

SIGNATURE                                                          DATE<PAGE>

                                                                   EXHIBIT 10.97

    SECOND AMENDMENT TO SECOND AMENDED AND RESTATED UNCOMMITTED INSURED TRADE
                         RECEIVABLES PURCHASE AGREEMENT

      THIS SECOND AMENDMENT TO SECOND AMENDED AND RESTATED UNCOMMITTED INSURED
TRADE RECEIVABLES PURCHASE AGREEMENT (this "Second Amendment") is made as of
June 2, 2004 by and among Lam Research Corporation, a Delaware corporation
("Lam"), Lam Research International SARL, a Swiss corporation ("LRI") and a
subsidiary of Lam (Lam and LRI each a "Seller" and collectively, "Sellers") and
ABN AMRO Bank N.V. ("Buyer").

                                    RECITALS

      Lam and Buyer have previously entered into that certain Second Amended and
Restated Uncommitted Insured Trade Receivables Purchase Agreement dated as of
March 21, 2003 (the "March Agreement"), pursuant to which Lam agreed to sell and
Buyer agreed to buy, on an uncommitted basis, certain accounts receivable not to
exceed $50,000,000, subject to the terms and conditions of the March Agreement,
as amended by that certain Amendment to Second Amended and Restated Uncommitted
Insured Trade Receivables Purchase Agreement dated as of September 24, 2003
among LAM, LRI and Buyer (the "First Amendment", the March Agreement as amended
by the First Amendment, the "Purchase Agreement").

      Lam and Buyer desire to further amend the Purchase Agreement on the terms
set forth herein to extend the Purchase Period to March 25, 2005 and increase
the Total Uncommitted Facility to an amount not in excess of One Hundred Million
Dollars ($100,000,000).

      NOW, THEREFORE, in consideration of the above Recitals, the mutual
covenants herein contained, and the exchange of consideration provided
hereinafter, the receipt and adequacy of which the parties hereby acknowledge,
the parties hereto hereby agree as follows:

      1.    Waiver. Buyer hereby acknowledges that Sellers have not delivered a
Purchase Period Extension Request pursuant to Section 12(d) of the Purchase
Agreement. Buyer hereby agrees to waive the requirements of Section 12(d)
requiring delivery of such Purchase Period Extension Request ("Waiver") and
agrees that the Purchase Period shall be amended as provided in this Second
Amendment. This Waiver is a one-time waiver and shall not be construed to be:
(i) a waiver as to future compliance with the Purchase Agreement, or (ii) a
waiver of any other rights or remedies that Buyer may have under the Purchase
Agreement or under applicable law.

      2.    Amendments to the Purchase Agreement.

            A.    Section 1 Sale and Purchase. The third sentence of Section
      1(a) is hereby amended to read as follows:

                  "Buyer shall not purchase Eligible Receivables that a Seller
                  offers to the extent that the aggregate purchase price paid by
                  Buyer for Purchased Receivables would exceed One Hundred
                  Million Dollars ($100,000,000) (the "Total Uncommitted
                  Facility")."

<PAGE>

            B.    Section 1 Sale and Purchase. Section 1(b) is hereby amended to
      read as follows:

                  "The obligation of Buyer to enter into the March Agreement was
                  subject to receipt by Buyer, on or prior to the Effective
                  Date, of those items listed on Schedule 2 attached thereto.
                  The obligation of Buyer to enter into the First Amendment was
                  subject to receipt by Buyer, on or prior to the Amendment
                  Effective Date, of each item listed on Schedule 2 attached
                  thereto. The obligation of Buyer to enter into this Second
                  Amendment is subject to receipt by Buyer, on or prior to the
                  Second Amendment Effective Date, of each item listed on
                  Schedule 2 attached hereto as being deliverable on or prior to
                  such date, each in form and substance satisfactory to Buyer."

            C.    Section 1 Sale and Purchase. The second sentence of Section
      1(g) is hereby amended to read as follows:

                  "On each subsequent Purchase Date under the March Agreement,
                  the First Amendment or the Second Amendment, Buyer deposited
                  or shall deposit, as the case may be, into the Collection
                  Expenses Account funds equal to One-Hundredth of One Percent
                  (0.01%) of the Net Invoice Amount of the Purchased Receivables
                  acquired on such Purchase Date."

            D.    Section 7 Notices. Section 7 is hereby amended to delete the
      address set forth for LRI and replace such address with the following:

                  "Lam Research International Sarl
                  Chemin de la Combeta 5
                  La Chaux-de-Fonds
                  Switzerland 2300
                  Attn: Craig Garber
                  Telephone: 41-32-924-2901

                  With a copy to Lam Research Corporation:

                  Lam Research Corporation
                  4650 Cushing Parkway
                  Fremont, CA 94538-6517
                  Attn: Roch LeBlanc
                  Telephone: (510) 572-3547
                  Fax No: (510) 572-1586"

            E.    Section 11 Definitions. The definition of "Purchase Period" is
      amended to read as follows:

<PAGE>

                  "Purchase Period": the period from and including March 26,
                  2004 up to and including March 25, 2005 or, if such date is
                  extended from time to time pursuant to Section 12(d), any
                  later date to which so extended.

            F.    Exhibit A Instrument of Transfer and Assignment. Exhibit A is
      hereby deleted in its entirety and amended to read as set forth in
      Attachment 1 hereto.

            G.    Exhibit C Insurance Policy Requirements; Repurchase Limits;
      Purchase Percentage. Exhibit C is hereby deleted in its entirety and
      amended to read as set forth in Attachment 2 hereto.

            H.    Exhibit D Form of Insurance Policy. Exhibit D is hereby
      deleted in its entirety and amended to read as set forth in Attachment 3
      hereto.

      3.    Representation and Warranties. The Sellers each severally represent
and warrant to Buyer as to itself that, after giving effect to the waiver and
amendments set forth in Section 1 and Section 2 above, respectively, the
following will be true and correct on the Second Amendment Effective Date (as
defined below):

            A.    The representations and warranties of the Sellers set forth in
Section 2 of the Purchase Agreement are true and correct in all material
respects as if made on the Second Amendment Effective Date (except for
representations and warranties expressly made as of a specified date, which
shall be true as of such date);

            B.    No Event of Repurchase has occurred and is continuing; and

            C.    The Purchase Agreement is in full force and effect as to each
                  Seller.

      4.    Second Amendment Effective Date. The waiver effected by Section 1
above and the amendments effected by Section 2 above shall become effective as
of the date on which McGuireWoods LLP ("MW"), counsel to the Buyer, is in
receipt of or has confirmed the receipt of the items listed on Schedule 2 hereto
(the "Second Amendment Effective Date").

      5.    Miscellaneous.

            A.    The Sellers agree to pay all reasonable costs and expenses of
the Buyer in connection with the preparation, execution and delivery of this
Second Amendment, including without limitation, the reasonable fees and expenses
of MW.

            B.    Except as specifically waived and amended above, the Purchase
Agreement and each of the Schedules and Exhibits thereto shall remain in full
force and effect and the Purchase Agreement is hereby ratified and confirmed in
all respects.

            C.    Section headings in this Second Amendment are included herein
for convenience of reference only and shall not constitute a part of this Second
Amendment for any other purpose.

<PAGE>

            D.    This Second Amendment may be executed in any number of
separate counterparts, each of which shall collectively and separately
constitute one agreement. Delivery of an executed counterpart of a signature
page to this Second Amendment by facsimile shall be effective as delivery of a
manually executed counterpart of this Second Amendment.

            E.    GOVERNING LAW. THIS SECOND AMENDMENT AND THE RIGHTS AND
OBLIGATIONS OF THE PARTIES HEREUNDER SHALL BE GOVERNED BY AND CONSTRUED,
INTERPRETED AND ENFORCED IN ACCORDANCE WITH THE LAWS OF THE STATE OF CALIFORNIA.

                          [the Signature Page Follows]

<PAGE>

      IN WITNESS WHEREOF, the parties hereto have caused this Second Amendment
to be executed as of the date first above written.

                                                SELLERS
                                                LAM RESEARCH CORPORATION,
                                                a Delaware corporation

                                                By: /s/ Roch LeBlanc
                                                    ----------------

                                                Name: Roch LeBlanc

                                                Title: Assistant Treasurer

                                                LAM RESEARCH INTERNATIONAL
                                                SARL, a Swiss corporation

                                                By: /s/ Mark Frey
                                                    ----------------

                                                Name: Mark Frey

                                                Title: Director

                                                BUYER
                                                ABN AMRO BANK N.V.

                                                By: /s/ Phyllis Kai-Kee

                                                Name: Phyllis Kai-Kee

                                                Title: Director

                                                By: /s/ Alexis Yoo

                                                Name: Alexis Yoo

                                                Title: Vice President

<PAGE>

                                   SCHEDULE 2

                              Conditions Precedent

      1.    This Second Amendment, duly executed by Buyer and each Seller.

      2.    The Certificate of Incorporation of Lam, certified as of a recent
date prior to the Second Amendment Effective Date by the Secretary of State (or
comparable official) of its jurisdiction of incorporation.

      3.    A Certificate of Good Standing including tax good standing (or
comparable certificate) for Lam, certified as of a recent date prior to the
Second Amendment Effective Date by the Secretary of State (or comparable
official) of its jurisdiction of incorporation.

      4.    A certificate of a senior officer of Lam, dated the Second Amendment
Effective Date, certifying (a) that attached thereto is a true and correct copy
of the Bylaws of Lam as in effect on the Second Amendment Effective Date; (b)
that attached thereto are true and correct copies of resolutions duly adopted by
the Board of Directors of Lam and continuing in effect, which authorize the
execution, delivery and performance by Lam of this Second Amendment and the
Guaranty (as defined in item 14) and the consummation of the transactions
contemplated hereby and thereby; and (c) that there are no proceedings for the
dissolution or liquidation of Lam.

      5.    A certificate of a senior officer of Lam, dated the Second Amendment
Effective Date, certifying the incumbency, signatures and authority of the
officers of Lam authorized to execute, deliver and perform this Second Amendment
and the Guaranty and all other documents, instruments or agreements related
thereto executed or to be executed by Lam.

      6.    Certificates of Good Standing (including tax good standing for
California) (or comparable certificates) for Lam, certified as of a recent date
prior to the Second Amendment Effective Date by the Secretary of State of
California.

      7.    A copy of the audited consolidated financial statements of Lam for
the fiscal year ended June 29, 2003 prepared by Ernst & Young and a copy of the
unqualified opinion delivered by such accountants in connection with such
financial statements.

      8.    A copy of the 10-K report filed by Lam with the Securities and
Exchange Commission for the fiscal year ended June 29, 2003.

      9.    A copy of the 10-Q report filed by Lam with the Securities and
Exchange Commission for the fiscal quarter ended March 28, 2004.

      10.   Such other financial, business and other information regarding
Sellers, or any of their subsidiaries, as Buyer may reasonably request,
including information as to possible contingent liabilities, tax matters,
environmental matters and obligations for employee benefits and compensation.

<PAGE>

      11.   A UCC-3 financing statement correcting LRI's address on file with
the Delaware Secretary of State.

      12.   An opinion of each Seller's in-house or external legal counsel,
addressed to Buyer, covering such legal matters as Buyer may reasonably request
and otherwise in form and substance satisfactory to Buyer.

      13.   Payment of all fees and expenses payable to Buyer on or prior to the
Second Amendment Effective Date, including, but not limited to, a one-time
structuring fee of $75,000 (the "Structuring Fee") payable to Buyer by the
Sellers.

      14.   A copy of an Amended and Restated Guaranty in from and substance
satisfactory to Buyer (the "Guaranty") duly executed by Lam, pursuant to which
Lam guaranties the performance of LRI under the Purchase Agreement.

      15.   A certificate of a senior officer of LRI dated the Second Amendment
Effective Date, certifying (a) that attached thereto is a true and correct copy
of the organizational documents of LRI as in effect on the Second Amendment
Effective Date; (b) that attached thereto are true and correct copies of
resolutions duly adopted by the Board of Directors of LRI and continuing in
effect, which authorize the execution, delivery and performance by LRI of this
Second Amendment and the consummation of the transactions contemplated hereby;
and (c) that there are no proceedings for the dissolution or liquidation of LRI.

      16.   A certificate of a senior officer of LRI, dated the Second Amendment
Effective Date, certifying the incumbency, signatures and authority of the
officers of LRI authorized to execute, deliver and perform this Second Amendment
and all other documents, instruments or agreements related thereto executed or
to be executed by LRI.

<PAGE>

                                  ATTACHMENT 1

                                   EXHIBIT "A"

                      Instrument of Transfer and Assignment

      The undersigned [Lam Research Corporation, a Delaware corporation] [Lam
Research International SARL, a Swiss corporation] (the "Seller"), for valuable
consideration which is hereby acknowledged, hereby sells, assigns, sets over and
transfers to ABN AMRO Bank N.V. ("Buyer"), all of Seller's right, title and
interest in and to the Initial Payments under the accounts receivable listed on
Exhibit 1 attached hereto.

      This assignment and transfer is made without recourse, warranty or
representation, except as expressly set forth in the Second Amendment to Second
Amended and Restated Uncommitted Insured Trade Receivables Purchase Agreement,
dated as of June 2, 2004, between Sellers (as defined therein) and Buyer.

                                        [LAM RESEARCH CORPORATION, a Delaware
                                        corporation] [LAM RESEARCH
                                        INTERNATIONAL SARL, a Swiss corporation]

                                        By: ____________________________________

                                        Title: _________________________________

                                        Date: _______________________

<PAGE>

                                    EXHIBIT 1

                          LIST OF PURCHASES RECEIVABLES

<TABLE>
<CAPTION>
                                  TOTAL
             INVOICE   SHIPMENT   INVOICE   INITIAL   CUSTOMER   DUE
CUSTOMER     NUMBER    DATE       AMOUNT    PAYMENT   P.O. #     DATE
<S>          <C>       <C>        <C>       <C>       <C>        <C>
</TABLE>

<PAGE>

                                  ATTACHMENT 2

                                   EXHIBIT "C"

      Insurance Policy Requirements; Repurchase Limit; Purchase Percentage

Insurance Policy Requirements

Commencing on each Purchase Date and continuing until the next Purchase Date,
the Insurance Policy shall provide for (i) an aggregate policy limit in an
amount equal to One-Hundred Million Dollars ($100,000,000), (ii) a co-insurance
percentage of not greater than ten percent (10%) of the Net Invoice Amount of
all the Purchased Receivables purchased hereunder through and including such
Purchase Date (the "co-insurance percentage"), and (iii) a total deductible not
greater than $0 (the "Deductible Limit").

Repurchase Limit

The Repurchase Limit, as of any date and with respect to the Purchased
Receivables purchased on such Purchase Date, shall be the sum of (i) the amount
obtained by multiplying the co-insurance percentage under the Insurance Policy
by the Net Invoice Amount of all the Purchased Receivables purchased hereunder
on such date and (ii) the Deductible Limit under the Insurance Policy as of such
date.

Purchase Percentage

The Purchase Percentage with respect to Purchased Receivables on a Purchase Date
shall be the percentage determined by calculating (i) the Discount Rate
applicable to such Purchased Receivable times (ii) one hundred and twenty (120)
divided by (iii) three hundred and sixty (360).

<PAGE>

                                  ATTACHMENT 3

                                   EXHIBIT "C"

                            Form of Insurance Policy

                              [Delivered to Buyer]

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