Document:

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                                                                    Exhibit 10.8

                                 7 DECEMBER 2005

                                    ANTARGAZ

                                   AS ASSIGNOR

                                     CALYON

                                AS SECURITY AGENT

                                       AND

                      THE REVOLVING CREDIT FACILITY LENDERS

                                   ----------

                       MASTER AGREEMENT FOR THE ASSIGNMENT
                        OF RECEIVABLES BY WAY OF SECURITY

                                   ----------

<PAGE>

THIS MASTER AGREEMENT FOR THE ASSIGNMENT OF RECEIVABLES (the "AGREEMENT") is
made on 7 December 2005,

BETWEEN:

(1)  ANTARGAZ, a French societe anonyme with registered number 572 126 043 (RCS
     Nanterre), with registered share capital of E3,935,349 whose registered
     office is located at 3 Place de Saverne, 92400 Courbevoie which is
     represented by Francois Varagne or any other nominated individual who is
     duly authorized to act for the purposes of this Agreement

     (hereinafter referred to as the "ASSIGNOR");

(2)  CALYON, a French societe anonyme, with registered number 304.187.701 (RCS
     Nanterre), with registered share capital of E3,119,771,484 and with
     registered office located at 9, quai du president Paul Doumer, 92400
     Courbevoie (France), represented by Jacques Pochon and Jerome Del Ben, duly
     authorized to act for the purposes of this Agreement, acting in its
     capacity as Security Agent (Agent des Suretes) in accordance with the
     provisions of the Senior Facilities Agreement referred to below

     (hereinafter referred to as the "SECURITY AGENT"),

AND

(3)  the banks and similar financial institutions, the names and addresses of
     which are set out in Schedule 1 hereto

     (hereinafter together referred to as the "PRIMARY REVOLVING CREDIT FACILITY
     LENDERS"),

     together with any bank or financial institution which may subsequently
     become a Revolving Lender under the Senior Facilities Agreement in
     accordance with Clause 26 of the Senior Facilities Agreement.

     (hereinafter together with the Senior Revolving Credit Facility Lenders
     referred to as the "REVOLVING CREDIT FACILITY LENDERS"),

WHEREAS:

(A)  Pursuant to an English language facilities agreement (Contrat de credits)
     dated 7 December 2005 (as amended and restated and hereinafter referred to
     as the "SENIOR FACILITIES AGREEMENT") between among others (i) AGZ Holding
     as Parent, (ii) the companies listed in the Senior Facilities Agreement as
     Borrowers and/or Guarantors, (iii) the Primary Revolving Credit Facility
     Lenders and, (iv) Calyon as a Facility Agent (Agent) and Security Agent
     (Agent des Suretes) the Primary Revolving Credit Facility Lenders have
     agreed to make available to the Assignor and certain companies in its group
     a Revolving Facility (Credit Renouvelable) of a maximum amount of up to
     E50,000,000 (fifty million euros).

(B)  The Assignor is a party to the Senior Facilities Agreement as borrower and
     guarantor under the Revolving Facility.

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(C)  It was agreed pursuant to the Senior Facilities Agreement that the
     performance of the Assignor's obligations as Borrower under the Revolving
     Facility will be guaranteed by the assignment to the Beneficiaries (as
     defined hereunder) of all receivables within its client portfolio, in
     accordance with the conditions of articles L.313-23 to L.313-34 of the
     French Monetary and Financial Code and pursuant to the terms hereto.

IT IS AGREED AS FOLLOWS

1.   DEFINITIONS

     Capitalized terms used in this Agreement and not otherwise defined herein
     shall have the meaning given to them in the Senior Facilities Agreement.

     In this Agreement:

     "ASSIGNED DEBTORS" means any person to whom the Assignor grants a
     receivable, involved in an assignment in accordance with the terms hereto;

     "ASSIGNED RECEIVABLES" means Receivables which are assigned by the Assignor
     in accordance with the terms hereto;

     "ASSIGNMENT FORM" means all assignment forms for the assignment of
     receivables executed by the Assignor for the benefit of the Beneficiaries
     under the provisions of this Agreement;

     "BENEFICIARIES" means the Revolving Credit Facility Lenders and each of
     their successors and assignees;

     "BUSINESS DAY" has the meaning given to it in the Senior Facilities
     Agreement;

     "COMMERCIAL RECEIVABLES" means the "Receivables" (as defined in the Senior
     Facilities Agreement) and excludes all Intercompany Receivables;

     "CONCESSION AGREEMENTS" means any agreement entered into from time to time
     between Antargaz and its commercial subsidiaries;

     "DRAWDOWN" means any "Revolving Advance" (as defined in the Senior
     Facilities Agreement) made available to the Assignor;

     "DRAWDOWN REQUEST" has the meaning given to it in the Senior Facilities
     Agreement for the purposes of making a drawdown facility available to the
     Assignor;

     "EVENT OF ENFORCEMENT" means all events referred to at Paragraph 20.2 of
     the Senior Facilities Agreement;

     "EVENT OF DEFAULT" has the meaning given to it in the Senior Facilities
     Agreement;

     "INTERCOMPANY RECEIVABLES" means, at any time, all receivables granted by
     the Assignor to

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     any members of its group ("Group Company") arising from any loan made by
     the Assignor to any members of this group;

     "DAILLY LAW" means articles L.313-23 et seq. of the French Monetary and
     Financial Code (Code Monetaire et Financier)

     "POTENTIAL EVENT OF DEFAULT" has the meaning given to it in the Senior
     Facilities Agreement;

     "RECEIVABLES" means the Commercial Receivables and the Intercompany
     receivables;

     "SECURED OBLIGATIONS" means the payment and repayment obligations
     contracted by the Assignor relating to sums which are owing or will be
     owing to the Beneficiaries in its capacity as Revolving Credit Borrower for
     a principal amount, plus interest, late payment interest, any deferred and
     incidental interests, calculated pursuant to the terms and conditions of
     the Senior Facilities Agreement;

     "SECURITY PERIOD" means the period beginning on the date of signature of
     this Agreement and ending on the date on which all of the Secured
     Obligations have been discharged in full to the satisfaction of the
     Security Agent and on which the Beneficiaries will have no continuing
     obligation to make available any Revolving Facility in accordance with the
     Senior Facilities Agreement;

     "UNDERLYING AGREEMENTS" means any agreement entered into from time to time
     between the Assignor and the Assigned Debtors (including the Concession
     Contracts) from which the Receivables arise.

2.   ASSIGNMENT OF RECEIVABLES

2.1  In order to guarantee the due performance and payment to the Beneficiaries
     of the Secured Obligations owing by it, the Assignor agrees to assign, in
     accordance with the provisions of the Dailly Law and the provisions of this
     Agreement, all Receivables.

     Each Beneficiary will be beneficiary of assignments of Receivables under
     the present Agreement to an extent proportional to its participation in the
     Revolving Facility.

2.2  The assignment of Receivables referred to in clause 2.1 above shall be
     carried out in accordance with paragraphs 2.3 and 2.4 by the delivery to
     the Security Agent of an Assignment Form which shall:

     (a)  include all notations required for the purpose of creating an
          assignment under the Dailly Law and the laws and regulations in force;

     (b)  without prejudice to clause (a) above, and with respect to Assignment
          Forms for assignment of Commercial Receivables, appear in the form set
          out in Schedule 2A to this Agreement and contain a list, containing
          the information referred to at Schedule 3 hereto, which may be
          detailed on electronic files (floppy disc or CD Rom);

     (c)  without prejudice to clause (a) above, and with respect to Assignment
          Form for assignment of Intercompany Receivables, appear in the forms
          set out in Schedule 2B

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          of this Agreement;

     (d)  be signed by the legal representative or a duly appointed
          representative of the Assignor; and

     (e)  designate the Beneficiaries as beneficiaries of the assignment, it
          being specified that the Security Agent must provide the Assignor
          within a reasonable time period with all information relating to any
          changes to the identity of the Revolving Credit Facility Lenders under
          the Revolving Facility.

2.3  Throughout the period of this Agreement:

     (a)  each time that it sends a Drawdown Request under the Revolving
          Facility; and

     (b)  on the first day of each calendar month;

the Assignor shall deliver to the Security Agent an Assignment Form under which
it assigns all the Commercial Receivables in so far as a drawdown pursuant to
the Revolving Facility is under way.

2.4  The Assignor shall deliver to the Security Agent throughout the period of
     this agreement:

     (a)  on each occasion that a new Underlying Agreement creates one or more
          Intercompany Receivables, entered into with one or more members of the
          Group, an Assignment Form relating to the relevant Intercompany
          Receivable(s); and

     (b)  at the same time as the Assignor sends any Drawdown Request and on the
          first Business Day of each calendar month, an Assignment Form relating
          to all of the new Intercompany Receivables of the Assignor, which at
          the date of delivery of the relevant Assignment Form have not already
          been assigned within the framework of this Agreement.

2.5  The Security Agent reserves the right to refuse any Assignment Form which
     does not reasonably appear to comply with the provisions of this clause 2.

2.6  Any delivery of an Assignment Form shall be construed as the legal
     transfer, by way of security interest, to the Beneficiaries of the Assigned
     Receivables identified on the relevant Assignment Form from the date set
     out thereon by the Security Agent including all principal, interest and
     related amounts of the Assigned Receivables identified on the relevant
     Assignment Form, as well of all security and guarantees, including
     retention of title clauses, relating to such Assigned Receivables.

2.7  Any acceptance by the Security Agent of an Assignment Form will result in
     the automatic renunciation of all Beneficiaries benefiting from the
     assignment resulting from the delivery of the previous Assignment Form
     relating only to Assigned Receivables, also referred to in this subsequent
     Assignment Form.

3    ASSIGNOR'S MANDATE

3.1  The Beneficiaries appoint the Assignor as agent to receive and recover the
     relevant Assigned Receivables. The Assignor recognizes as a consequence of
     such

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     appointment that any payment, even partial, received from an Assigned
     Debtor, in any form whatsoever, as an Assigned Receivable, is only received
     by the Assignor as agent for the Beneficiaries and that amounts so received
     or recovered are the property of the Beneficiaries. The Assignor therefore
     undertakes to deliver immediately to the Security Agent on the occurrence
     of an event of default and at its first request, the payment instruments or
     the sums it will have so received, providing the Security Agent with all
     information enabling it to identify the Receivable(s) to which the relevant
     payments relate.

3.2  The mandate established by this clause 3 shall be fully revoked by the
     Security Agent sending to one or more Assigned Debtors a notice or request
     for acceptance pursuant to the terms of clause 4 (Notice- Acceptance)
     below.

4.   NOTICE - ACCEPTANCE

4.1  The Security Agent shall be entitled, at any time following the occurrence
     of an Event of Default and upon receipt of instructions from the Majority
     Lenders (Majorite des Preteurs) to give notice to one or several of the
     Assigned Debtors of the assignment of receivables in accordance with this
     Agreement and in conformity with the Dailly Law.

4.2  The Security Agent may, upon occurrence of an Event of Enforcement, request
     that one or more of the Assigned Debtors accept the assignment of
     Receivables arising under this Agreement in accordance with the Dailly Law.

5.   APPLICATION OF PROCEEDS FROM ASSIGNED RECEIVABLES

     Any sum received by the Security Agent under the Assigned Receivables shall
     be applied towards payment and repayment of amounts due and payable under
     the Secured Obligations in accordance with the conditions of the Senior
     Facilities Agreement.

     Any sum received by the Security Agent under the Assigned Receivables which
     exceeds the sums due under the Secured Obligations will be repaid to the
     Assignor by the Security Agent.

6    REPRESENTATIONS AND WARRANTIES OF ASSIGNOR

     The Assignor represents and warrants to the Beneficiaries and to the
     Security Agent throughout the period of this Agreement:

     (a)  that it is a French societe anonyme validly incorporated under the
          provisions of French law;

     (b)  that the execution of this Agreement has been validly authorized by
          the competent bodies of the Assignor;

     (c)  that this Agreement and each of the Assignment Forms create or will
          create valid legal and compulsory obligations for the Assignor
          enforcable in accordance with their terms, subject to Reservations;

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     (d)  the execution of this Agreement and the Assignment Forms by it do not
          require the approval, authorization or consent of any authorities or
          bodies whatsoever; and

     (e)  the Receivables have not been assigned, delegated, charged or pledged
          to the benefit of anyone other than the beneficiaries.

7.   UNDERTAKINGS OF ASSIGNOR

     Throughout the Security Period, the Assignor undertakes to the
     Beneficiaries and the Security Agent:

     (a)  not to assign, create, incur or permit to subsist any pledge, charge,
          security or encumbrance of any sort over the Receivables other than
          for the benefit of the Beneficiaries;

     (b)  not to modify or restrict the object or the rights relating to
          Assigned Receivables or the rights of the Beneficiaries under the
          Assigned Receivables in relation to the Assigned Debtors, other than
          that which concerns the grant of deliveries, rebates, refunds, and
          delays in agreed payments within the normal framework of its
          activities and in conformity with its normal practices and without
          prejudice to the ability of the Assignor to compromise or negotiate
          the erroneous Assigned Receivables or those which are subject to a
          good faith dispute;

     (c)  not to exercise or pursue at any time, any claim for compensation or
          any counterclaim on the Assigned Receivables;

     (d)  at all times after the occurrence of a Potential Event of Default or
          an Event of Default, permit the Security Agent to proceed at the
          expense of the Assignor by means of an advance notice and during the
          opening hours of the Assignor's offices, with all verifications
          provided, in order to regulate the existence, nature, ownership,
          amount and date of payment of the Assigned Receivables and to regulate
          the Assignor's compliance with all of its obligations under this
          Agreement; and

     (e)  to take any action, carry out any formalities, and do anything at its
          own expense which the Security Agent may reasonably request in the
          interests of protecting the rights of the Beneficiaries under this
          Agreement or the Assignment Forms.

8.   OBLIGATIONS OF ASSIGNOR UNDER THE UNDERLYING AGREEMENTS

     The Assignor and the Beneficiaries expressly agree that:

     (a)  in accordance with the provisions of the Dailly Law, the Assignor will
          remain jointly and severally liable for the payment of the Assigned
          Receivables by the Assigned Debtors;

     (b)  The exercise by the Security Agent and/or the Beneficiaries of any
          right, or privilege under this Agreement shall not operate as a waiver
          of any right or obligations of the Assignor under the Underlying
          Agreements; and

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     (c)  Except in the case of gross or deliberate misconduct, neither the
          Security Agent nor any of the Beneficiaries shall be responsible under
          the Underlying Agreements and, neither the Security Agent nor any of
          the Beneficiaries shall be obliged to exercise any commitment, or
          obligation of the Assignor under the Underlying Agreements, or to take
          any action to recover any amounts.

9.   NOTICES

     Any notice or other communication to be served under or in connection with
     this Agreement will conform with the conditions of Clause 24 of the Senior
     Facilities Agreement and will be sent to the addresses indicated under the
     signature blocks of each party's representative under this Agreement or at
     any other address which the party concerned has notified to the other
     parties at least five (5) Business Days in advance of such notice in
     accordance with this clause.

10.  DURATION

     This Agreement shall remain in full force and effect throughout the
     Security Period.

11.  MISCELLANEOUS - EFFECTS OF CONCLUSION OF AGREEMENT

11.1 The Beneficiaries grant authority to the Security Agent having the option
     of delegation, to receive, date and safeguard the original copies of each
     Assignment Form, and more generally, to take all steps necessary to protect
     and exercise the rights of the Beneficiaries under this Agreement and the
     Assignment Forms.

11.2 This Agreement does not exclude or limit in any way the other rights of the
     Security Agent and the Beneficiaries and does not affect the nature or the
     extent of the liabilities which have been or which may exist between the
     Assignor and the Security Agent and Beneficiaries.

11.3 In the event of a transfer by novation of all or part of their rights and
     obligations by the Beneficiaries under the Senior Facilities Agreement, the
     Beneficiaries expressly reserve (with the express consent of all the
     parties hereto) the rights, privileges, powers and claims under which they
     benefit by virtue of this Agreement in favour of their assignees, in
     accordance with the provisions of articles 1278 et seq. of the French Civil
     Code.

11.4 Where any clause of this Agreement is or becomes illegal, invalid or
     unenforceable it is agreed that the other provisions of this Agreement
     shall remain legal, valid and enforceable against the parties to this
     Agreement independently of the illegal, invalid or unenforceable clauses.

12.  APPLICABLE LAW AND JURISDICTION

12.1 This Agreement shall be governed by and construed in all respects in
     accordance with French law.

12.2 Any dispute arising out of or in connection with this Agreement or an
     Assignment Form shall be submitted to the exclusive jurisdiction of the
     Commercial Court of Paris
     (Tribunal de Commerce de Paris).

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     (Tribunal de Commerce de Paris).

                                       9

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Signed on 7 December 2005, in Paris, in (3) original copies.

Assignor                                Security Agent
ANTARGAZ                                CALYON

By:                                     By:
    ---------------------------------       ------------------------------------
Name: Francois Varagne or any person    Name: Jacques Pochon and Jerome Del Ben
      duly authorized                   Title: Head of Acquisition Finance
Title: Managing Director                       France and Associate Director

Address: Immeuble Les Renardieres       Address: Leverage and Financial
         3, Place de Saverne                     Sponsors Group
         92400 Courbevoie                        9, quai du President Paul
                                                 Doumer
                                                 92920 Courbevoie Cedex
                                                 France

Fax: +33 1 41 88 73 13                  Fax: +33 1 41 89 39 53/14 33

     For the attention of the Finance        For the attention of Jerome Del Ben
     Director                                /Victoria Becq-Giraudon

Senior Revolving Credit Facility Lenders
CALYON

By:
    -----------------------------------
Name: Jacques Pochon and Jerome Del Ben
Title: Head of Acquisition Finance
       France and Associate Director

Address: Leverage and Financial
         Sponsors Group
         9 quai du President Paul
         Doumer
         92920 Courbevoie cedex
         France

Fax: +33 1 41 89 39 53/14 33

For the attention of Jerome Del Ben /
Victoria Becq-Giraudon

                                       9

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                                   SCHEDULE 1

               THE PRIMARY REVOLVING CREDIT FACILITY TERM LENDERS

CALYON, 9 quai du President Paul Doumer, 92400 Courbevoie (France)

                                       10

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                                   SCHEDULE 2A

  FORM OF ASSIGNMENT OF RECEIVABLES BY OF SECURITY UNDER ARTICLES L.313-23 TO
              L. 313-34 OF THE FRENCH MONETARY AND FINANCIAL CODE

                           (INTERCOMPANY RECEIVABLES)

Assignor: ANTARGAZ

Assignees: The Revolving Credit Facility Lenders parties to an English language
facilities agreement dated 7 December 2005 (as amended and restated and
hereinafter referred to as the "SENIOR FACILITIES AGREEMENT") between among
others the Assignor as Borrower, Calyon as Facility Agent and Security Agent and
Calyon as Primary Revolving Credit Facility Lender:

-     [________]

-     [________]

Date: [________] (inserted by Calyon as Security Agent)

Assigned Debtor and Assigned Receivables: In accordance with article L.313-23
paragraph 3 of the French Monetary and Financial Code, the Assigned Receivables
are transferred trough a computer process which makes it possible to identify
them. A list allowing the individualization of the Assigned Receivables is
attached to the present Form.

<TABLE>
<CAPTION>
    MEAN BY WHICH THE      NUMBER OF ASSIGNED   GLOBAL AMOUNT OF THE
RECEIVABLES ARE ASSIGNED       RECEIVABLES      ASSIGNED RECEIVABLES
------------------------   ------------------   --------------------
<S>                        <C>                  <C>
                               [________]            [________]
</TABLE>

Or:

Assigned Debtor and Assigned Receivables: The Assigned Receivables are the
existing or future receivables held by ANTARGAZ against:

The company [________] as debtor of the Assignor pursuant to the Underlying
Agreement [________] dated [________] a copy of which is attached to the present
Form.

The present Form is governed by all the provisions of the master agreement for
the assignment of receivables dated December 7, 2005 between, among others (i)
the Assignor as Borrower and Assignor, (ii) Calyon as Facility Agent and
Security Agent and (iii) Calyon as Primary Revolving Credit Facility Lender, as
amended from time to time.

The present Form is endorsable to other licensed credit institutions.

                                       11

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Signature and stamp of the representative of the Assignor

Signature and stamp of the representative of the Security Agent

                                       12

<PAGE>

                                   SCHEDULE 2B

  FORM OF ASSIGNMENT OF RECEIVABLES BY OF SECURITY UNDER ARTICLES L.313-23 TO
              L. 313-34 OF THE FRENCH MONETARY AND FINANCIAL CODE

                            (COMMERCIAL RECEIVABLES)

Assignor: ANTARGAZ

Assignees: The Revolving Credit Facility Lenders parties to an English language
facilities agreement dated 7 December 2005 (as amended and restated and
hereinafter referred to as the "SENIOR FACILITIES AGREEMENT") between among
others the Assignor as Borrower, Calyon as Facility Agent and Security Agent and
Calyon as Primary Revolving Credit Facility Lender:

-     [________]

-     [________]

Date: [________] (inserted by Calyon as Security Agent)

Assigned Debtor and Assigned Receivables: In accordance with article L.313-23
paragraph 3 of the French Monetary and Financial Code, the Assigned Receivables
are transferred trough a computer process which makes it possible to identify
them. A list allowing the individualization of the Assigned Receivables is
attached to the present Form.

<TABLE>
<CAPTION>
    MEAN BY WHICH THE      NUMBER OF ASSIGNED   GLOBAL AMOUNT OF THE
RECEIVABLES ARE ASSIGNED       RECEIVABLES      ASSIGNED RECEIVABLES
------------------------   ------------------   --------------------
<S>                        <C>                  <C>
                               [________]            [________]
</TABLE>

The present Form is governed by all the provisions of the master agreement for
the assignment of receivables dated December 7, 2005 between, among others (i)
the Assignor as Borrower and Assignor, (ii) Calyon as Facility Agent and
Security Agent and (iii) Calyon as Primary Revolving Credit Facility Lender, as
amended from time to time.

The present Form is endorsable to other licensed credit institutions.

Signature and stamp of the representative of the Assignor

Signature and stamp of the representative of the Security Agent

                                       13

<PAGE>

                                   SCHEDULE 3
                Information relating to the Assigned Receivables

Each list on electronic file shall contain, for each Assigned Receivable, the
following mentions:

-    name and address of the Assigned Debtor;

-    amount of the Assigned Receivable (for the Receivable in other currency
     than Euro, the currency, the amount of the currency and the estimated
     exchange value);

-    type of the relevant Underlying Agreement; and

-    maturity date and place of payment of the Assigned Receivable.

                                       142003 STOCK INCENTIVE PLAN

OF

RF MICRO DEVICES, INC.

 Stock Option Agreement

(Nonemployee Directors)

THIS AGREEMENT (together with Schedule A,
attached hereto, the "Agreement"), effective as of the date specified as the
"Grant Date" on Schedule A attached hereto, between RF MICRO DEVICES,
INC., a North Carolina corporation (the "Corporation"), and the individual
identified on Schedule A attached hereto, a director of the Corporation
(the "Participant");

R E C
I T A L S :

In furtherance of the purposes of the 2003 Stock
Incentive Plan of RF Micro Devices, Inc., as it may be hereafter amended (the
"Plan"), the Corporation and the Participant hereby agree as follows:

1.         Incorporation of Plan.  The rights
and duties of the Corporation and the Participant under this Agreement shall in
all respects be subject to and governed by the provisions of the Plan, the
terms of which are incorporated herein by reference.  In the event of any
conflict between the provisions in the Agreement and those of the Plan, the provisions
of the Plan shall govern.  Unless otherwise defined herein, capitalized terms
in this Agreement shall have the same definitions as set forth in the Plan.

2.         Grant of Option; Term of Option. 
The Corporation hereby grants to the Participant pursuant to the Plan, as a
matter of separate inducement and agreement in connection with his service to
the Corporation, and not in lieu of any salary or other compensation for his
services, the right and Option (the "Option") to purchase all or any part of such
aggregate number of shares (the "shares") of common stock of the Corporation
(the "Common Stock") at a purchase price (the "option price") as specified on
Schedule A, attached hereto, and subject to such other terms and
conditions as may be stated herein or in the Plan or on Schedule A.  The
Participant expressly acknowledges that the terms of Schedule A shall be
incorporated herein by reference and shall constitute part of this Agreement. 
The Corporation and the Participant further acknowledge that the Corporation's
signature on the signature page hereof, and the Participant's signature on the
Grant Letter contained in Schedule A, shall constitute their acceptance of
all of the terms of this Agreement.  The Option shall be designated as a
Nonqualified Option.   Except as otherwise provided in the Plan or this
Agreement, this Option will expire if not exercised in full by the date
specified on Schedule A.

1

3.         Exercise of Option.  Subject to the
terms of the Plan and this Agreement, the Option shall become exercisable on
the date or dates set forth on Schedule A attached hereto.  To the extent
that an Option which is exercisable is not exercised, such Option shall
accumulate and be exercisable by the Participant in whole or in part at any
time prior to expiration of the Option, subject to the terms of the Plan and
this Agreement.  The Participant expressly acknowledges that the Option may
vest and be exercisable only upon such terms and conditions as are provided in
this Agreement and the Plan.  Upon the exercise of an Option in whole or in
part and payment of the option price in accordance with the provisions of the
Plan and this Agreement, the Corporation shall as soon thereafter as
practicable deliver to the Participant a certificate or certificates for the shares
purchased.  Payment of the option price may be made in the form: (i) of cash or
check; (ii) by delivery (by either actual delivery or attestation) of
shares of Common Stock owned by the Participant at the time of exercise for a
period of at least one year and otherwise acceptable to the Administrator;
(iii) to the extent permitted by the Administrator and in accordance with
applicable law, by delivery of written notice of exercise to the Corporation
and delivery to a broker of written notice of exercise and irrevocable
instructions to promptly deliver to the Corporation the amount of sale or loan
proceeds to pay the option price; or (iv) by a combination of the
foregoing methods.  Shares delivered in payment of the option price shall be
valued at their fair market value on the date of exercise, as determined by the
Administrator by applying the provisions of the Plan.

4.         No Right of Continued Service. 
Nothing contained in this Agreement or the Plan shall confer upon the
Participant any right to continue in the service of the Corporation or a
related corporation or interfere with the right of the Corporation or a related
corporation to terminate the Participant's service at any time.  Except as
otherwise expressly provided in the Plan and this Agreement, all rights of the
Participant under the Plan with respect to the unexercised portion of his
Option shall terminate upon termination of the service of the Participant with
the Corporation or a related corporation.

5.         Nontransferability of Option.  The Option
shall not be transferable other than by will or the laws of intestate
succession, except as may be permitted by the Administrator of the Plan in a
manner consistent with the registration provisions of the Securities Act of
1933, as amended (the "Securities Act").  Except as may be permitted by the
preceding sentence, this Option shall be exercisable during the Participant's
lifetime only by the Participant.

6.         Superseding Agreement; Binding Effect. 
This Agreement supersedes any statements, representations or agreements of the
Corporation with respect to the grant of the Option or any related rights, and
the Participant hereby waives any rights or claims related to any such
statements, representations or agreements.  This Agreement shall be binding upon
and shall inure to the benefit of the parties hereto and their respective
executors, administrators, heirs, successors and assigns.

7.         Governing Law.  Except as otherwise
provided in the Plan or herein, this Agreement shall be construed and enforced
according to the laws of the State of North Carolina, without regard to the
conflict of laws provisions of any state.

8.         Amendment and Termination; Waiver. 
Subject to the terms of the Plan, this Agreement may be modified or amended
only by the written agreement of the parties hereto.  The waiver by the
Corporation of a breach of any provision of the Agreement by the Participant
shall not operate or be construed as a waiver of any subsequent breach by the
Participant.

9.         No Rights as Shareholder.  The Participant
or his legal representative, legatees or distributees shall not be deemed to be
the holder of any shares subject to the Option and shall not have any rights of
a shareholder unless and until certificates for such shares have been issued
and delivered to him or them.

2

10.        Withholding.  The Participant
acknowledges that the Corporation shall require the Participant to pay the
Corporation the amount of any federal, state, local, foreign or other tax or
other amount required by any governmental authority to be withheld and paid
over by the Corporation to such authority for the account of the Participant,
and the Participant agrees, as a condition to the grant of the Option, to
satisfy such obligations.

11.        Administration.  The authority to
construe and interpret this Agreement and the Plan, and to administer all
aspects of the Plan, shall be vested in the Administrator (as such term is
defined in the Plan), and the Administrator shall have all powers with respect
to this Agreement as are provided in the Plan.  Any interpretation of the
Agreement by the Administrator and any decision made by it with respect to the
Agreement is final and binding.

12.        Notices.  Except as may be otherwise
provided by the Plan, any written notices provided for in this Agreement or the
Plan shall be in writing and shall be deemed sufficiently given if either hand
delivered or if sent by fax or overnight courier, or by postage paid first
class mail.  Notices sent by mail shall be deemed received three business days
after mailed but in no event later than the date of actual receipt.  Notice may
also be provided by electronic submission, if and to the extent permitted by
the Administrator.  Notices shall be directed, if to the Participant, at the
Participant's address indicated by the Corporation's records, or if to the
Corporation, at the Corporation's principal office, attention Treasurer, RF
Micro Devices, Inc.

13.        Severability.  The provisions of
this Agreement are severable and if any one or more provisions may be
determined to be illegal or otherwise unenforceable, in whole or in part, the
remaining provisions shall nevertheless be binding and enforceable.

14.        Restrictions on Option and Shares. 
The Corporation may impose such restrictions on the Option and any shares
issued pursuant to the exercise of the Option as it may deem advisable,
including without limitation restrictions under the federal securities laws,
the requirements of any stock exchange or similar organization and any blue sky
or state securities laws applicable to such shares.  Notwithstanding any other
provision in the Plan or the Agreement to the contrary, the Corporation shall
not be obligated to issue, deliver or transfer shares of Common Stock, to make
any other distribution of benefits, or to take any other action, unless such
delivery, distribution or action is in compliance with all applicable laws,
rules and regulations (including but not limited to the requirements of the
Securities Act).  The Corporation may cause a restrictive legend to be placed
on any certificate for shares issued pursuant to the exercise of the Option in
such form as may be prescribed from time to time by applicable laws and
regulations or as may be advised by legal counsel.

15.        Counterparts; Further Instruments. 
This Agreement may be executed in two or more counterparts, each of which shall
be deemed an original, but all of which together shall constitute one and the
same instrument.  The parties hereto agree to execute such further instruments
and to take such further action as may be reasonably necessary to carry out the
purposes and intent of this Agreement.

[Signature Page to Follow]

3

IN WITNESS WHEREOF, this Agreement has been executed
on behalf of the Corporation and by the Participant effective as of the Grant
Date noted on Schedule A, attached hereto.

                                                                                    RF
MICRO DEVICES, INC.

                                                                                    
By: /s/ Robert A. Bruggeworth                   

                                                                                               Robert
A.  Bruggeworth

                                                                                               President
& Chief Executive Officer

Attest:

William Priddy           

William Priddy

Secretary & Chief
Financial Officer

[Signature page of Participant to follow on
Schedule A/Grant Letter] 

 

4

 

2003 Stock Incentive Plan of RF Micro Devices, Inc.

Stock Option Agreement ( Nonemployee Directors)

 

Schedule A/Grant Letter

 

1.         Pursuant
to the terms and conditions of the Company's 2003 Stock Incentive Plan (the
"Plan"), you (the "Participant") have been granted a Nonqualified Stock Option
to purchase _________ shares (the "Option") of our Common Stock as outlined
below.

	

  	

  	

  
	
  Granted To:

  	

  	

  
	
  Grant Date:

  	

  	

  
	
  Options Granted:

  	

  	

  
	
  Option Price per Share:

  	

  	

  
	
  Expiration Date:

  	

  	

  
	
  Vesting Schedule:

  	

  	

  
	

  	

  	

  

2.                     
By my signature below, I, the
Participant, hereby acknowledge receipt of this Grant Letter and the Option
Agreement (the "Agreement") dated _____________, between the Participant and RF Micro Devices, Inc. 
(the "Company") which is attached to this Grant Letter.  I understand that the
Grant Letter and other provisions of Schedule A herein are incorporated by
reference into the Agreement and constitute a part of the Agreement.  By my
signature below, I further agree to be bound by the terms of the Plan and the
Agreement, including but not limited to the terms of this Grant Letter and the
other provisions of Schedule A contained herein.  The Company reserves the
right to treat the Option and the Agreement as cancelled, void and of no effect
if the Participant fails to return a signed copy of the Grant Letter within
30 days of receipt.

Signature:                                                                                        
      Date:                                                                       

                
Name

 

Note: If there are any
discrepancies in the name or address shown above, please make the appropriate
corrections on this form and return to Brenda Hatley, RF Micro Devices, Inc., 7628 Thorndike Road, Greensboro, NC  27409-9421.  Please retain a copy of the Agreement,
including this Grant Letter, for your files.

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