Document:

August 25, 1999

Mr. Donald G. Carrigan
425 Scrub Oak Circle
Monument, Colorado  80132

Dear Mr. Carrigan:

This letter agreement ("Agreement") sets forth our agreement as it pertains to
your salary commitment from Ramtron International Corporation ("Ramtron").

1.  Term.  The term of this commitment shall begin on September 1, 1999 and
    shall continue until December 31, 2000, unless sooner terminated as
    provided in paragraph 2 below.

2.  Termination.  Should you voluntarily terminate your employment or should
    your employment be terminated for cause, Ramtron shall be relieved of all
    of its obligations provided herein including, but not limited to, its
    obligation to pay you the salary provided in paragraph 3 below.
    Termination for cause shall include chronic absenteeism (not due to
    physical or mental illness, not constituting permanent disability, habitual
    alcoholism, drug abuse or addiction); the commission of a felony or fraud
    on Ramtron, its employees, customers, stockholders, or vendors;
    misappropriation of any money or other assets or properties of Ramtron, its
    employees, customers, stockholders or vendors; violation of reasonable,
    specific and lawful directions received from Ramtron's Board of Directors
    and/or CEO, in connection with and pertaining to your duties Vice President
    and General Manager of FRAM Product Division; or the unauthorized
    disclosure or use of any Ramtron trade secrets or financial information or
    data which results, or is likely to result, in injury or damage to Ramtron.
    Upon termination of this Agreement, you shall be paid your regular salary
    up to the termination date less applicable income tax withholdings, or any
    off set for lawful charges or indebtedness which may be owed by you to
    Ramtron or both.  If Ramtron terminates your employment for any reason
    other than cause during the term of this Agreement, then Ramtron shall be
    obligated to continue to pay you the salary provided in paragraph 3 below
    until such term expires.  IT IS EXPRESSLY ACKNOWLEDGED AND UNDERSTOOD THAT
    YOUR EMPLOYMENT WITH RAMTRON IS AN EMPLOYMENT "AT WILL" SITUATION.

3.  Salary.  The salary to be paid by Ramtron to you shall be ONE HUNDRED
    FIFTY-TWO THOUSAND NINETY-TWO DOLLARS ($152,092.00) per year, which amount
    shall be paid in equal installments on or about the 15th and 30th of each
    month.  All such payments shall be subject to withholding and other
    applicable taxes.  For purposes of paragraph 2, salary is defined as
    $12,674.33 per month.

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<PAGE>
4.  Ownership of Documents, Patents and Copyrights.  Any documents, inventions
    or copyrightable material that you may prepare while employed by Ramtron
    shall be subject to the non-disclosure and assignment requirements provided
    in the Invention and Non-Disclosure Agreement between you and Ramtron dated
    November 27, 1989.  The termination or expiration of this Agreement shall
    have no effect on your duties and obligations as provided in said Invention
    and Non-Disclosure Agreement.

5.  Arbitration.  Should any dispute arise under this Agreement or out of its
    termination or cancellation, the matter shall be submitted to and decided
    by arbitration. The arbitration shall be held at a mutually agreeable
    location within the State of Colorado and shall be held in accordance with
    the terms and conditions outlined in the Colorado Uniform Arbitration Act,
    C.R.S. Section 13-22-201.

6.  Governing Law.  This Agreement shall be governed by and construed in
    accordance with the laws of the State of Colorado.

7.  Severability.  In case any one or more of the provisions of this Agreement
    shall be invalid, illegal or unenforceable in any respect, the validity,
    legality and enforceability of the remaining provisions contained herein
    shall not in any way be affected thereby.

8.  Assignability and Binding Effect.  This Agreement shall inure to the
    benefit of and shall be binding upon your successors, assigns and legal
    representatives and the successors and assigns of Ramtron.  Except as set
    forth in paragraph 9 below, neither party may assign, transfer, pledge,
    encumber or otherwise dispose of this Agreement or any rights or
    obligations hereunder, and any such attempt at delegation or disposition
    shall be null and void and without effect.

9.  Complete Agreement; Modification; Waiver.  This Agreement constitutes the
    complete agreement and understanding between the parties with respect to
    the subject matter hereof.  This Agreement shall not be altered, modified
    or amended except by written instruments signed by each of the parties
    hereto.  Waivers of any provision contained herein or any default hereunder
    shall only be effective if in writing and signed by the party to be charged
    therewith.  Any written waiver shall not operate or be construed as a
    waiver of any or other subsequent breach or default by any party.

Please indicate your agreement to the foregoing by signing below.

Sincerely,

/S/ L. David Sikes
L. David Sikes
Chairman and CEO

LDS/klb

This Agreement is hereby agreed to and accepted, effective as of September 1,
1999.

/S/ Donald G. Carrigan
-----------------------
Donald G. Carrigan                   Date  September 1, 1999

                                  Page-163
<PAGE>*  Confidential treatment has been granted or requested with respect to
portions of this exhibit, and such confidential portions have been deleted and
separately filed with the Securities and Exchange Commission pursuant to Rule
24b-2 or Rule 406.

                             SECOND AMENDMENT TO
                     FRAM TECHNOLOGY LICENSE AGREEMENT

THIS SECOND AMENDMENT TO FRAM TECHNOLOGY LICENSE AGREEMENT (the "Amendment") is
entered into as of the 20th day of September, 1999, by and between RAMTRON
INTERNATIONAL CORPORATION ("Ramtron"), a Delaware corporation having its
principal office at 1850 Ramtron Drive, Colorado Springs, Colorado 80921, USA,
and FUJITSU LIMITED ("Fujitsu"), a Japanese corporation having its registered
office at 1-1, Kamikodanaka 4-chome, Nakahara-ku, Kawaski-shi, Kanagawa-ken
211-8588, Japan.

                              R E C I T A L S:

A.  Ramtron and Fujitsu entered into that certain FRAM Technology License
    Agreement executed by Ramtron on December 6, 1995 and by Fujitsu on
    December 19, 1995, as amended by that certain Amendment to Agreement
    entered into between the parties as of August 30, 1996 (as amended the
    "Agreement"), pursuant to which Ramtron licensed to Fujitsu certain of its
    proprietary ferroelectric technology for the design, development,
    manufacture and sale of products based upon such ferroelectric technology.

B.  Ramtron and Fujitsu wish to expand the scope of the Agreement to include
    use of the Licensed Technology in applications involving radio frequency
    identification devices, as more fully described herein.

NOW, THEREFORE, Ramtron and Fujitsu agree as follows:

1.  Definitions.  Defined terms herein shall have the meanings ascribed to such
    terms in the Agreement, unless otherwise provided herein.

2.  Amendments.  The Agreement shall be, and is hereby, amended in the
    following respects:

     a)  Section 1.6 (definition of "FRAM Products") is hereby amended and
         restated in its entirety to read as follows:

         "FRAM Products" means standard, non-volatile ferroelectric semi-
         conductor memory devices, including, specifically, devices with only
         memory array and associated memory array control logic.

                                  Page-164
<PAGE>
     b)  Section 1.8 (definition of "Excluded FRAM Technology") is hereby
         amended and restated in its entirety to read as follows:

         "Excluded FRAM Technology" shall mean     **          .

     c)  Section 4.1.1 (Grant of License) is hereby amended by deleting the
         last sentence of the paragraph added to Section 4.1.1 by the Amendment
         to Agreement dated August 30, 1996, and replacing it with the
         following sentence:

         Subject to the terms and conditions set forth herein, Ramtron hereby
         grants to Fujitsu a royalty-bearing, non-exclusive, non-transferable,
         worldwide, perpetual license to use the Ramtron Technology, Ramtron
         Intellectual Property Rights and/or Ramtron's Improvements to design,
         develop, manufacture, make, sell, use, lease, transfer and otherwise
         dispose of Ferroelectric RF/ID Products, RF/ID IC cards and RF/ID IC
         card systems and their components.

     d)  Section 5.1.1 (Lump Sum Payment) is hereby amended to include the
         following new subparagraph (g):

         (g)  Prepaid RF/ID Royalties.  On or before September 30, 1999,
              Fujitsu shall pay Ramtron the amount of           **        which
              payment shall be a prepayment of certain of the royalties owed by
              Fujitsu pursuant to Section 5.2.5 below.  Accordingly, Fujitsu
              shall be entitled to a credit against the first     **       in
              royalties otherwise due to Ramtron pursuant to Section 5.2.5
              hereof.  At such time as the royalties otherwise due to Ramtron
              pursuant to Section 5.2.5 hereof equals           **     Fujitsu
              shall commence payment of such royalties to Ramtron in accordance
              with this Agreement.

     e)  Section 5.2 (Royalty Payments) shall be amended to include the
         following new subsection:

         5.2.5  Fujitsu shall pay Ramtron a royalty on all Ferroelectric RF/ID
                Products based upon and/or which use the FRAM Technology,
                Ramtron IPR, and/or Ramtron's Improvements made thereto and
                sold by Fujitsu for           **            upon the first sale
                by Fujitsu of Ferroelectric RF/ID Products in an amount equal
                to   **   .  For purposes of the preceding sentence, the FRAM
                memory area consists of the FRAM memory array and associated
                control logic, and the die area excludes the bond pads.
                Subject to Section 5.1.1(g) above, the obligation of Fujitsu to
                pay royalties to Ramtron under this Section 5.2.5 shall
                commence upon first sale by Fujitsu of Ferroelectric RF/ID
                Products.

                Section 5.2 (Royalty Payments) shall be further amended such
                that the second to the last sentence thereof is amended and
                restated in its entirety to read as follows: "All FRAM
                Products, Embedded FRAM Products and/or Ferroelectric RF/ID
                Products manufactured and/or sold by Fujitsu    **      .

                                  Page-165
<PAGE>
     f)  Section 6.1 (OEM/Foundry Agreement) is hereby amended by modifying the
         paragraph added to Section 6.1 by the Amendment to Agreement dated
         August 30, 1996 such that each reference therein to "Embedded FRAM
         Products" shall be amended to read "Embedded FRAM Products and/or
         Ferroelectric RF/ID Products," and the reference therein to "   **
         Ramtron designs" shall be amended to read "   **     Ramtron designs."

     g)  Section 6.2 (Sales Price to Ramtron) is hereby amended by modifying
         the paragraph added to Section 6.2 by the Amendment to Agreement dated
         August 30, 1996 such that each reference therein to "Embedded FRAM
         Products" shall be amended to read "Embedded FRAM Products and/or
         Ferroelectric RF/ID Products."

     h)  Sections 1.13 (definition of "Net Sales"), 4.1.2, 5.3 (Payment and
         Certification of Royalties by Fujitsu) and 10.10 are hereby amended
         such that each reference therein to "FRAM Products" shall be amended
         to read "FRAM Products, Embedded FRAM Products and/or Ferroelectric
         RF/ID Products."

     i)  Sections 10.7, 10.8 and 10.9, as amended by the Amendment to Agreement
         dated August 30, 1996, are hereby amended such that each reference
         therein to "FRAM Products and/or Embedded FRAM Products" shall be
         amended to read "FRAM Products, Embedded FRAM Products and/or
         Ferroelectric RF/ID Products."

3.  No Other Changes.  Except as expressly stated above, this Amendment does
    not otherwise amend the Agreement, and the Agreement shall remain in full
    force and effect, as amended hereby.

EXECUTED as of the day and year first written above.

FUJITSU LIMITED

By:  /S/ Toshihiko Ono
   -------------------
   Toshihiko Ono
   Group Senior Vice President
   Semiconductor Group

RAMTRON INTERNATIONAL CORPORATION

By:  /S/ Greg B. Jones
   -------------------
Greg B. Jones
President and COO

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<PAGE>

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