Document:

Asset Purchase Agreement, dated as of September 28, 2006

 Exhibit 10.72 
  

 ASSET PURCHASE AGREEMENT 
 by and between 
 SPANSION JAPAN LIMITED 
 and 
 FUJITSU LIMITED 
  
 September 28, 2006 
  

 CONFIDENTIAL 

 TABLE OF CONTENTS 
  

					
	 	  	Page
	 ARTICLE 1 THE TRANSACTION
	  	1
			
	 1.1
	  	Purchased Assets	  	1
			
	 1.2
	  	Final Determination of Tangible Assets	  	2
			
	 1.3
	  	Excluded Assets	  	3
			
	 1.4
	  	Assumed Liabilities	  	3
			
	 1.5
	  	Excluded Liabilities	  	3
		
	 ARTICLE 2 PURCHASE PRICE; CLOSING
	  	3
			
	 2.1
	  	Purchase Price	  	3
			
	 2.2
	  	Transfer Taxes; Other Taxes	  	4
			
	 2.3
	  	The Closing	  	4
			
	 2.4
	  	Deliveries by Seller	  	5
			
	 2.5
	  	Deliveries by Purchaser	  	5
			
	 2.6
	  	Transfer of Title; Risk of Loss	  	5
		
	 ARTICLE 3 REPRESENTATIONS AND WARRANTIES OF SELLER
	  	6
			
	 3.1  
	  	Organization and Standing	  	6
			
	 3.2  
	  	Authority; Enforceability	  	6
			
	 3.3  
	  	Tangible Assets	  	6
			
	 3.4  
	  	JV1/JV2 Facilities	  	6
			
	 3.5  
	  	No Conflict	  	6
			
	 3.6  
	  	Litigation	  	7
			
	 3.7  
	  	Insurance	  	7
			
	 3.8  
	  	Brokers’ or Finders’ Fees	  	7
			
	 3.9  
	  	Permits	  	7
			
	 3.10
	  	Assigned Leases and Assigned Contracts	  	7
			
	 3.11
	  	Environmental Matters	  	8
			
	 3.12
	  	No Other Agreements	  	8
			
	 3.13
	  	Absence of Changes	  	9
			
	 3.14
	  	Warranty Claims	  	9
			
	 3.15
	  	Value of Assets	  	9
			
	 3.16
	  	Disclosure	  	9

  

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 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page
	 ARTICLE 4 REPRESENTATIONS AND WARRANTIES OF PURCHASER
	  	9
			
	 4.1  
	  	Organization and Standing	  	9
			
	 4.2  
	  	Authority; Enforceability	  	9
			
	 4.3  
	  	No Conflict	  	9
			
	 4.4  
	  	Brokers’ or Finders’ Fees	  	10
			
	 4.5  
	  	Litigation	  	10
		
	ARTICLE 5 COVENANTS	  	10
			
	 5.1  
	  	Operation of the Business	  	10
			
	 5.2  
	  	Equipment Leases	  	10
			
	 5.3  
	  	Other Agreements	  	11
			
	 5.4  
	  	Access	  	11
			
	 5.5  
	  	Approvals and Consents	  	12
			
	 5.6  
	  	Insurance	  	12
			
	 5.7  
	  	Inventory	  	12
			
	 5.8  
	  	Further Assurances	  	12
			
	 5.9  
	  	Lease Financing	  	12
			
	 5.10
	  	Other Ancillary Agreements	  	13
		
	 ARTICLE 6 CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLER
	  	13
			
	 6.1  
	  	Assignment and Assumption Agreement	  	13
			
	 6.2  
	  	No Legal Action	  	13
			
	 6.3  
	  	Accuracy of Representations and Warranties	  	13
			
	 6.4  
	  	Performance of Obligations	  	13
			
	 6.5  
	  	Governmental Approvals	  	13
			
	 6.6  
	  	Compliance Certificate	  	13
			
	 6.7  
	  	Consents and Waivers	  	14
			
	 6.8  
	  	Ancillary Agreements	  	14
			
	 6.9  
	  	Agreements to be Terminated	  	14
		
	 ARTICLE 7 CONDITIONS PRECEDENT TO OBLIGATIONS OF PURCHASER
	  	14
			
	 7.1  
	  	Conveyance	  	14
			
	 7.2  
	  	No Legal Action	  	14
			
	 7.3  
	  	Accuracy of Representations and Warranties	  	14

  

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 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page
	 7.4  
	  	Performance of Obligations	  	14
			
	 7.5  
	  	Consents and Waivers	  	14
			
	 7.6  
	  	Governmental Approvals	  	14
			
	 7.7  
	  	Compliance Certificate	  	15
			
	 7.8  
	  	Ancillary Agreements	  	15
			
	 7.9  
	  	Material Adverse Effect	  	15
			
	 7.10
	  	Inventory	  	15
			
	 7.11
	  	Equipment Leases	  	15
			
	 7.12
	  	Agreements to be Terminated	  	15
			
	 7.13
	  	Seconded Employees	  	15
		
	 ARTICLE 8 CONFIDENTIAL INFORMATION; PUBLIC COMMUNICATIONS
	  	15
			
	 8.1  
	  	Non-Disclosure	  	15
			
	 8.2  
	  	Public Communications	  	15
		
	 ARTICLE 9 INDEMNIFICATION
	  	15
			
	 9.1  
	  	Survival of Representations and Covenants	  	15
			
	 9.2  
	  	Indemnification by Seller	  	16
			
	 9.3  
	  	Indemnification by Purchaser	  	17
			
	 9.4  
	  	Defense of Third-party claims	  	17
			
	 9.5  
	  	Insurance Proceeds	  	18
			
	 9.6  
	  	Sole Remedy	  	19
		
	 ARTICLE 10 TERMINATION OF THIS AGREEMENT
	  	19
			
	 10.1  
	  	Termination	  	19
		
	 ARTICLE 11 GENERAL PROVISIONS
	  	20
			
	 11.1
	  	Payment of Expenses	  	20
			
	 11.2
	  	Relationship of the Parties	  	20
			
	 11.3
	  	Notices	  	20
			
	 11.4
	  	Governing Law; Dispute Resolution	  	21
			
	 11.5
	  	Assignability; Third-Party Rights	  	21
			
	 11.6
	  	Remedies Cumulative; Specific Performance	  	21
			
	 11.7
	  	Waiver	  	22
			
	 11.8
	  	Amendments	  	22

  

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 TABLE OF CONTENTS 
 (continued) 
  

					
	 	  	 	  	Page
	 11.9  
	  	Headings	  	22
			
	 11.10
	  	Interpretation	  	22
			
	 11.11
	  	Preparation of this Agreement	  	22
			
	 11.12
	  	Severability	  	22
			
	 11.13
	  	Entire Agreement	  	22
			
	 11.14
	  	Counterparts	  	23
			
	 11.15
	  	No Representations or Warranties	  	23
			
	 11.16
	  	Spansion Guaranties	  	23
			
	 11.17
	  	Purchaser Subsidiary	  	23

  

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	 List of Exhibits and Schedules

	 Schedule A
	  	 Definitions

	 Schedule B
	  	 Existing Dispute Resolution Procedures

	 Schedule 1.1(a)
	  	 Tangible Assets

	 Schedule 1.1(c)
	  	 JV1/JV2 Facilities

	 Schedule 1.1(e)
	  	 Assigned Contracts

	 Schedule 2.1
	  	 Inventory Price Calculation

	 Schedule 5.2
	  	 Assigned Leases

	 Schedule 5.3
	  	 Other Agreements

	 Schedule 5.5
	  	 Material Consents

	 Schedule 5.7
	  	 Raw Material Vendors

	 Schedule 6.9
	  	 Agreements to be Terminated

	
	 Seller’s Disclosure Schedule

		
	Exhibit A	  	Form of Bill of Sale
	Exhibit B	  	Form of Assignment and Assumption Agreement
	Exhibit C	  	Form of Master Lease Agreement
	Exhibit D	  	Form of Foundry Agreement
	Exhibit E	  	Form of Secondment and Transfer Agreement

  

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 ASSET PURCHASE AGREEMENT 
 This ASSET PURCHASE AGREEMENT is made as of this 28th day of September, 2006 (the “Agreement”) by and between Spansion Japan Limited, a
corporation organized under the laws of Japan (“Seller”), Spansion Inc., a corporation organized under the laws of the State of Delaware (“Spansion U.S.”), Spansion Technology Inc., a corporation organized under the laws
of the State of Delaware (“STI”), and Spansion LLC, a Delaware limited liability company, solely in their capacities as guarantors of Seller’s obligations hereunder (collectively “Guarantors”), and Fujitsu Limited, a
corporation organized under the laws of Japan (“Purchaser”). 
 RECITALS 
 Seller owns the semiconductor fabrication facilities described on Schedule 1.1(c) hereto (the “JV1/JV2 Facilities”). 

Purchaser desires to purchase from Seller and Seller desires to sell to Purchaser the JV1/JV2 Facilities as well as certain assets located in the
JV1/JV2 Facilities, and Purchaser will agree to assume certain obligations and liabilities in connection therewith upon the terms and conditions set forth below. 
 Capitalized terms used herein that are not otherwise defined shall have the respective meanings set forth in Schedule A attached hereto. 
 NOW, THEREFORE, in consideration of the premises, representations, warranties, covenants and agreements hereinafter set forth, and for good and valuable
consideration the receipt and sufficiency of which are hereby acknowledged, Seller and Purchaser hereby agree as follows: 
 AGREEMENT

 ARTICLE 1 
 THE
TRANSACTION 
 1.1 Purchased Assets. Subject to the terms and conditions of this Agreement, and on the basis of the
representations, warranties, covenants and agreements set forth herein, at the Closing, Seller shall sell, transfer, convey, assign and deliver to Purchaser, and Purchaser shall purchase from Seller, all right, title and interest in and to the
following assets (collectively, the “Purchased Assets”): 
 (a) Tangible Assets. The machinery, equipment and other
tangible assets specifically listed on Schedule 1.1(a) attached hereto and the Inventory (collectively, the “Tangible Assets”); it being understood and agreed that Schedule 1.1(a) is subject to adjustment in accordance
with Section 1.2 below; 
 (b) Equipment Leases. All rights and obligations in, to and under the Assigned Leases; 
 (c) Real Property. The JV1/JV2 Facilities; 
  

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 (d) Documents. All books, records and papers in the possession or control of Seller and that are
reasonably necessary for Purchaser to operate the JV1/JV2 Facilities and the Tangible Assets, and to perform the obligations under the Assigned Leases, in substantially the same manner as operated and performed by Seller as of the date of this
Agreement (subject to changes in the ordinary course of business) and as of the Closing Date, including real property title documents, user manuals, operating guides, bills of materials, records, maintenance schedules and records, supplier and other
vendor ordering information and records, warranties for both materials and equipment purchased and products sold, listings of equipment utilized in the JV1/JV2 Facilities, and all other operational, commercial or technical information solely related
to the JV1/JV2 Facilities, the Tangible Assets and the Assigned Leases, it being understood that Seller shall be entitled to retain a copy of all such books, records and papers, but excluding any books, records and papers related to information
technology that is provided pursuant to the Services Agreement; and 
 (e) Assigned Contracts. All rights and obligations in, to and
under the contracts (the “Assigned Contracts”) set forth on Schedule 1.1(e). 
 1.2 Final Determination of
Tangible Assets. 
 (a) During the 30-day period immediately following the date of this Agreement, Purchaser may, upon reasonable prior
notice to Seller, send its employees and representatives to visit the JV1/JV2 Facilities to inspect the equipment, machinery and other Tangible Assets at such location solely for the purpose of confirming that such Tangible Assets, as applicable,
meet the qualification standards of Purchaser’s customers and Seller’s customers. Such visits shall be conducted during Seller’s normal working hours. While visiting in the JV1/JV2 Facilities, Purchaser shall at all times fully comply
with Seller’s plant rules and regulations provided to Purchaser as well as all reasonable instructions that may be issued by Seller’s employees or personnel accompanying such employees or representatives of Purchaser. Each party shall, at
its own expense, indemnify and hold harmless the other party and its employees from and against any and all direct losses or damages without limitation to any of the other party’s property or loss of personal health or life, caused by the
indemnifying party’s representatives during any such visit. Seller shall use commercially reasonable efforts to locate and provide any of the information requested by Purchaser in connection with such visits, and Purchaser shall use its
commercially reasonable efforts to minimize any disruption to Seller’s business in connection with the conduct of the process contemplated herein. The foregoing 30-day period shall be extended by the amount of time necessary to remedy any
failure by Seller to provide access to the JV1/JV2 Facilities and/or to cooperate with Purchaser’s inspection and requests for information as provided above. 
 (b) At the expiration of the period provided for in subsection (a) above, Schedule 1.1(a) shall be amended as requested by Purchaser, it being understood that any deletions from Schedule 1.1(a)
shall be made only as necessary in order for the Tangible Assets to meet qualification standards of Purchaser’s customers and Seller’s customers, and the Parties agree that any such equipment deleted from Schedule 1.1(a) shall be
added to the equipment schedule in the Master Lease Agreement and a substantially similar item listed on the equipment schedule in the Master Lease Agreement shall be deleted from such equipment schedule and added to Schedule 1.1(a), as
requested by Purchaser. The Purchase Price provided for in Section 2.1 shall be appropriately adjusted to reflect any such deletions and additions, based on any differences in net book values of the applicable equipment. 
  

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 1.3 Excluded Assets. Any provision of this Agreement to the contrary notwithstanding, except for
the Purchased Assets, Seller is not transferring and shall not transfer any assets of Seller not identified above (such assets, the “Excluded Assets”), which Excluded Assets are retained by Seller. 
 1.4 Assumed Liabilities. Subject to the terms and conditions of this Agreement, at the Closing, Seller shall assign, and Purchaser shall assume,
the Assumed Liabilities. Thereafter, Purchaser shall pay and discharge all such Assumed Liabilities as and when such Assumed Liabilities become due and owing. For the purposes of this Agreement, the “Assumed Liabilities” shall mean
only Liabilities which relate to, arise out of or are incurred in connection with the Purchased Assets on or after the Closing, including the Assigned Leases and the Assigned Contracts, but not including any Excluded Liabilities. 
 1.5 Excluded Liabilities. Notwithstanding anything to the contrary set forth in this Agreement, except for the Assumed Liabilities, Purchaser is
not assuming or agreeing to pay, perform or discharge, and Purchaser shall not be liable for, any contracts, agreements, commitments or Liabilities of Seller whatsoever, including any of the following (collectively, the “Excluded
Liabilities”): 
 (a) except as expressly provided for in Section 2.2(a) below, any Taxes or similar charges that may become
payable by Seller by reason of the sale and transfer of the Purchased Assets under any taxing authority or that may be imposed on Seller by reason of Seller’s receipt of the Purchase Price or relief from any of the Assumed Liabilities;

 (b) any trade accounts payable, accrued Liabilities or other Liabilities of Seller as of the Closing, whether or not such amounts are
known or payable prior to the Closing; 
 (c) any Liabilities which relate to, arise out of or are incurred in connection with the Purchased
Assets, or use, operation or possession thereof, prior to the Closing; and 
 (d) any Liabilities which relate to, arise out of or are
incurred in connection with any claim, litigation or other proceeding threatened or pending before the Closing or initiated after the Closing but based on an act or omission of Seller or any current or former officer, director, employee or agent of
Seller acting on Seller’s behalf, or the use, operation or possession of the Purchased Assets, occurring before the Closing. 
 ARTICLE 2 
 PURCHASE PRICE; CLOSING 
 2.1 Purchase Price. Subject to the terms and conditions of this Agreement, as full consideration for the sale, assignment, transfer and delivery of the Purchased Assets by Seller to Purchaser and the execution
and delivery of the Transaction Agreements by Seller, Purchaser shall deliver to Seller at the Closing an amount equal to [seventeen billion seventy million three hundred ninety-seven thousand six hundred eighty (17,070,397,680)]
Japanese Yen plus the Japanese Yen amount payable by Purchaser to Seller for the Inventory (which shall be calculated as set forth on Schedule 2.1) (together, the “Purchase Price”), payable by wire transfer of
immediately available funds to Seller’s account as specified by written notice to Purchaser prior to the Closing (“Seller’s Account”). 
  

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 2.2 Transfer Taxes; Other Taxes. 
 (a) Purchaser and Seller shall each be responsible for and shall pay one-half (1/2) of any and all Stamp Tax when due and shall provide each other
with documentation of such filings and payments upon written request by the other party. Purchaser shall be responsible for any other Transfer Taxes. 
 (b) After the Closing, upon reasonable written notice, Seller and Purchaser agree to furnish or cause to be furnished to each other and their Representatives access, during normal business hours, to such information
and assistance relating to the Purchased Assets as are reasonably necessary for financial reporting and accounting matters relating to the Purchased Assets, the preparation and filing of any Tax Returns, reports or forms relating to the Purchased
Assets, the defense of any Tax or other claim or assessment relating to the Purchased Assets or, in the case of Seller, relating to the operation of the Purchased Assets prior to the Closing, provided, however, that such access and assistance do not
unreasonably disrupt the normal operations of Purchaser, in the case of access and assistance given to Seller, or Seller, in the case of access and assistance given to Purchaser. 
 (c) To the extent not allocated in this Agreement, Seller shall be responsible for and shall promptly pay when due all Taxes levied with respect to the
Purchased Assets attributable to the Pre-Closing Period. To the extent not allocated in this Agreement, Purchaser shall be responsible for and shall promptly pay when due all Taxes levied with respect to the Purchased Assets attributable to the
Post-Closing Period. All such Taxes levied with respect to the Purchased Assets for a taxable period which includes (but does not end on) the Closing Date (collectively, the “Apportioned Obligations”) shall be apportioned between
Purchaser and Seller based on the number of days of such taxable period included in the Pre-Closing Period and the number of days of such taxable period included in the Post-Closing Period. Seller shall be liable for the proportionate amount of such
Taxes attributable to the Purchased Assets that is attributable to the Pre-Closing Period, and Purchaser shall be liable for the proportionate amount of such Taxes that is attributable to the Post-Closing Period. Upon receipt of any bill for such
Taxes relating to the Purchased Assets, Purchaser and Seller shall each present a statement to the other setting forth the amount of reimbursement to which each is entitled under this Section 2.2 together with such supporting evidence as is
reasonably necessary to calculate the proration amount. The proration amount shall be paid by the party owing it to the other within 30 days after delivery of such statement. In the event that Purchaser or Seller shall make any payment for which it
is entitled to reimbursement under this Section, the applicable party shall make such reimbursement promptly but in no event later than thirty (30) days after the presentation of a statement setting forth the amount of reimbursement to which
the presenting party is entitled along with such supporting evidence as is reasonably necessary to calculate the amount of reimbursement. 
 2.3 The Closing. The consummation of the Transactions (the “Closing”) will take place at a location to be agreed upon by Purchaser and Seller on April 2, 2007 (Tokyo time), provided all the closing conditions
have been met or waived in writing by the Parties, or at such other place, date and time as the Parties mutually agree (the “Closing Date”). 
  

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 2.4 Deliveries by Seller. At the Closing, Seller shall (i) take all reasonable steps
necessary to place Purchaser in actual possession and operating control of the Purchased Assets and (ii) deliver the following items, duly executed by Seller (and which shall be countersigned by Purchaser, as applicable) all of which shall be
in a form and substance reasonably acceptable to Purchaser and Purchaser’s counsel: 
 (a) Bill of Sale and Assignment and Assumption
Agreement. The Bill of Sale and Assignment and Assumption Agreement executed by Seller covering all of the applicable Purchased Assets, substantially in the forms attached hereto as Exhibit A and Exhibit B, respectively.

 (b) Ancillary Agreements. The Ancillary Agreements executed by Seller. 
 (c) Other Conveyance Instruments. Such other specific instruments of sale, transfer, conveyance and assignment, if any, as may be necessary or
useful to transfer all right, title and interest in and to the Purchased Assets to Purchaser. 
 (d) Closing Condition Documents. All
the documents provided for in Article 7 below. 
 2.5 Deliveries by Purchaser. At the Closing, Purchaser shall deliver the
following items, duly executed by Purchaser (and which shall be countersigned by Seller, as applicable), all of which shall be in a form and substance reasonably acceptable to Seller and Seller’s counsel: 
 (a) Wire Transfer. A wire transfer in the amount of the Purchase Price into Seller’s Account. 
 (b) Ancillary Agreements. The Ancillary Agreements executed by Purchaser. 
 (c) Assumption Instruments. Such other specific instruments of assumption, if any, as may be necessary for Purchaser to assume the Assumed
Liabilities, including the Assignment and Assumption Agreement. 
 (d) Closing Condition Documents. All other documents provided for
in Article 6 below. 
 2.6 Transfer of Title; Risk of Loss. Legal and equitable title and risk of loss with respect to all of the
Purchased Assets shall pass to Purchaser from Seller on transfer of the Purchased Assets on the Closing Date pursuant to, and in accordance with, the terms of this Agreement. Seller’s insurance coverage, if any, for the Purchased Assets will
cease as of the Closing. 
  

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 ARTICLE 3 
 REPRESENTATIONS AND WARRANTIES OF SELLER 
 Seller represents and warrants to Purchaser that the
following are true and correct as of the date hereof, except as set forth on Seller’s Disclosure Schedule: 
 3.1 Organization and
Standing. Seller is a corporation duly organized, validly existing and in good standing under the laws of Japan. 
 3.2 Authority;
Enforceability. Seller has the requisite corporate power and corporate authority to conduct its business relating to the Purchased Assets as now conducted, to own, lease and operate the Purchased Assets as now owned, leased and operated, and to
enter into the Transaction Agreements and to carry out the Transaction. All corporate proceedings required to be taken by Seller to authorize the execution, delivery and performance of the Transaction Agreements and the consummation of the
Transaction have been or will be as of the Closing properly taken. This Agreement has been duly and validly executed and delivered by Seller and constitutes, and each of the Ancillary Agreements as of the Closing will have been duly and validly
executed and delivered by Seller and will constitute, a valid and binding obligation of Seller, enforceable against it in accordance with its terms, subject to laws of general application relating to bankruptcy, insolvency, and the relief of debtors
and other laws of general application affecting enforcement of creditors’ rights generally and rules of law governing specific performance, injunctive relief and other equitable remedies. 
 3.3 Tangible Assets. Seller holds good and marketable title to all of the Tangible Assets, free and clear of any Liens, except for Permitted
Liens. The Tangible Assets are in good operating condition and repair, subject only to ordinary wear and tear, except where the failure to be in such condition would not have, or would not be reasonably expected to have, a Material Adverse Effect.
As of the Closing, the Inventory, and to the Knowledge of Seller the raw materials on hand, shall be usable in the ordinary course of business in all material respects. To the Knowledge of Seller, the current use and operation of the Tangible Assets
are in compliance in all material respects with all Applicable Laws. Seller has not received any notice of material non-compliance with any Applicable Laws with respect to the possession or operation of the Tangible Assets. 
 3.4 JV1/JV2 Facilities. Seller holds good and marketable title to, and is in possession of, the JV1/JV2 Facilities, free and clear of any Liens,
except for Permitted Title Exceptions. No part of the JV1/JV2 Facilities is subject to any real property lease. To the Knowledge of Seller, the current use and operation of the JV1/JV2 Facilities are in compliance in all material respects with all
Applicable Laws (including Environmental Laws and Laws relating to zoning and land use) and public and private covenants and restrictions. Seller has not received any notice of material non-compliance with any Applicable Laws with respect to the
possession or operation of the JV1/JV2 Facilities. There is no pending or, to the Knowledge of Seller, threatened condemnation, expropriation, taking or other form of eminent domain proceeding against all or any portion of the JV1/JV2 Facilities. As
of the Closing Date, Seller shall have provided to Purchaser true and complete copies of all documents in Seller’s possession or control that evidence title to and ownership of the JV1/JV2 Facilities. 
 3.5 No Conflict. The execution, delivery and performance of this Agreement and the Ancillary Agreements by Seller do not and will not
(a) breach, violate or conflict with any provision 
  

 -6- 

 of the charter documents of Seller, as amended to date, (b) conflict with or violate any material law, rule,
regulation, order, writ, judgment, injunction, decree, determination or award applicable to Seller or the Purchased Assets, (c) result in the creation or imposition of any Lien on any of the Purchased Assets or (d) prohibit consummation by
Seller of the transactions contemplated by the Transaction Agreements. No consent, approval or authorization of or filing with any Governmental Authority, or any other Person, is required to be made or obtained by Seller in connection with the
execution, delivery and performance of this Agreement or the Ancillary Agreements, and the consummation of the transactions contemplated hereby and thereby. 
 3.6 Litigation. There is no Action pending or, to the Knowledge of Seller, threatened against, relating to or affecting (i) the Purchased Assets or (ii) the transactions contemplated by this Agreement
and the Ancillary Agreements. There is no judgment, order, writ or decree that relates to or affects the Purchased Assets or Seller’s ability to consummate the Transaction. 
 3.7 Insurance. Set forth on Section 3.7 of the Seller’s Disclosure Schedule is a list of Seller’s material policies of insurance
which insure the Purchased Assets. To the Knowledge of Seller, there are no material claims by Seller pending or threatened with respect to the Purchased Assets under said policies or disputes with underwriters, and all premiums due and payable have
been paid and all such policies are in full force and effect in accordance with their respective terms. 
 3.8 Brokers’ or
Finders’ Fees. Seller has not incurred, nor will it incur, directly or indirectly, any liability for brokerage or finders’ fees or agents’ commissions or any similar charges in connection with the Transaction Agreements or any
transaction contemplated by the Transaction Agreements. Seller has not taken any action or entered into any agreement or understanding that will cause Purchaser to incur any of the foregoing liabilities. 
 3.9 Permits. Seller has obtained all material permits and other authorizations (collectively, “Permits”) necessary for the
ownership, operation and use of the Purchased Assets in substantially the same manner as currently owned, operated and used and each Permit is valid and remains in full force and effect. Seller is not in default (nor has Seller failed to comply),
nor has Seller received any notice of any claim of default or failure to comply, with respect to any Permit. 
 3.10 Assigned Leases and
Assigned Contracts. Each of the Assigned Leases and Assigned Contracts is in full force and effect and each constitutes a legal, valid and binding agreement of Seller and, to Seller’s Knowledge, of each other party thereto, enforceable in
accordance with its terms, subject to laws of general application relating to bankruptcy, insolvency, and the relief of debtors and other laws of general application affecting enforcement of creditor’ rights generally and rules of law governing
specific performance, injunctive relief and other equitable remedies, and no term or condition thereof has been amended from the form provided to Purchaser. There are no material defaults by Seller under any of its obligations under any of the
Assigned Leases or Assigned Contracts and no events have occurred that with the lapse of time or action or inaction by any party thereto would result in any material violations thereof or any material defaults thereunder. There is no action to which
Seller is a party in which relief is sought involving, affecting or relating in any manner to any of the Assigned Leases or Assigned Contracts and, to the Knowledge of Seller, there is no litigation, action, suit, proceeding or governmental
investigation pending or threatened against Seller involving , affecting or relating to any of the Assigned Leases or Assigned Contracts. None of Seller’s rights under any of the Assigned Leases or Assigned Contracts will be materially impaired
by the consummation of the transactions contemplated by this Agreement, and all such rights will inure to and be enforceable by Purchaser after the Closing Date without any authorization, approval, permission or license of, or filing with, any other
Person. 
  

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 3.11 Environmental Matters. To the Knowledge of Seller, since June 30, 2003: 
 (a) Seller has not Handled or Released any Hazardous Substances at, on, under, to or from the JV1/JV2 Facilities in violation of any applicable
Environmental Law, or that has resulted in, or could reasonably be expected to result in, any Liability or potential Liability under any Environmental Law. 
 (b) No Release of any Hazardous Substance has occurred, or is occurring, at, on, under, from or to the JV1/JV2 Facilities, and no Hazardous Substances are present on, in or under the JV1/JV2 Facilities, regardless of
how the Hazardous Substance(s) came to rest there, in violation of any applicable Environmental Law or that could reasonably be expected to result in any Liability under any Environmental Law. 
 (c) No underground tanks are or have been owned or operated by Seller at the JV1/JV2 Facilities. No underground storage tanks, landfills, surface
impoundments, waste piles or other land treatment, land storage or disposal areas are or have been located on, in or under any of the JV1/JV2 Facilities, and no PCBs or asbestos-containing materials are located on, in or under any of the JV1/JV2
Facilities. 
 (d) Seller has not received written notice of any assertion by any Governmental Authority or other Person that any of them may
be a potentially responsible party in connection with the JV1/JV2 Facilities. There are no proceedings that are pending or threatened by any Governmental Authority or Person relating to the JV1/JV2 Facilities arising under or pursuant to any
Environmental Law. Seller has not received any written notice from any Governmental Authority or Person that is outstanding or has not been resolved and no condition or circumstance exists, that (with or without notice or lapse of time or both)
would reasonably be likely to give rise to, or serve as a basis for, the commencement of any such proceeding. Seller has not entered into or received, nor is Seller in default under, any judgment, writ order or decree of any Governmental Authority
under any Environmental Law relating to the JV1/JV2 Facilities. 
 (e) There are no closures or substantial modifications to any equipment or
facilities used in connection with the Handling or Release of Hazardous Substances (including wastewater) at the JV1/JV2 Facilities currently planned by Seller in order to avoid any violation of any applicable Environmental Law; there are no
operational changes at the JV1/JV2 Facilities currently planned by Seller that could reasonably be expected to require any such closures or modifications; and no such closures or modifications are required to effect the transactions contemplated
hereby. 
 (f) No Lien has arisen or is threatened on or against any of the Purchased Assets under or as a result of a violation of, or any
other Liability under, any Environmental Laws. 
 3.12 No Other Agreements. Seller does not have any legal obligation, absolute or
contingent, to any Person other than Purchaser to sell, assign, lease or sublease or otherwise transfer, convey or place any Lien on any of the Purchased Assets, other than dispositions of Inventory in the ordinary course of business. 
  

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 3.13 Absence of Changes. Since March 31, 2006, (a) the Purchased Assets have been owned
and operated in all material respects in the ordinary course consistent with past practice and (b) there has been no change or event relating to the Purchased Assets which, individually or in the aggregate, is reasonably likely to have a
Material Adverse Effect. 
 3.14 Warranty Claims. Since June 30, 2003, product warranty claims made with respect to products
fabricated at the JV1/JV2 Facilities have not exceeded an aggregate of five million dollars (US$5,000,000) for any particular product. 
 3.15 Value of Assets. Section 3.15 of the Seller’s Disclosure Schedule sets forth the net book value of the tangible Purchased Assets (other than Inventory) as of the end of the Seller’s fiscal year immediately
preceding the date of this Agreement; provided, however, that with respect to any Purchased Assets acquired by Seller subsequent to that date, Section 3.15 of Seller’s Disclosure Schedule sets forth (i) the net book value of such
Purchased Assets as of the end of the Seller fiscal quarter immediately preceding the date of this Agreement or (ii) if acquired subsequent to such date, the net book value of such Purchased Assts as of the date of their acquisition.

 3.16 Disclosure. Seller has provided Purchaser true and complete copies of all documents and information possessed by it requested
in writing by Purchaser relating to the Purchased Assets. 
 ARTICLE 4 
 REPRESENTATIONS AND WARRANTIES OF PURCHASER 
 Purchaser represents and warrants
to Seller that the following are true and correct as of the date hereof: 
 4.1 Organization and Standing. Purchaser is a corporation
duly organized, validly existing and in good standing under the laws of Japan. 
 4.2 Authority; Enforceability. Purchaser has the
requisite corporate power and corporate authority to enter into the Transaction Agreements and to carry out the Transaction. All corporate proceedings required to be taken by Purchaser to authorize the execution, delivery and performance of the
Transaction Agreements and the consummation of the Transaction have been or will be as of the Closing properly taken. This Agreement has been duly and validly executed and delivered by Purchaser and constitutes, and each of the Ancillary Agreements
after the Closing will have been duly and validly executed and delivered by Purchaser and will constitute, a valid and binding obligation of Purchaser, enforceable against it in accordance with its terms, subject to laws of general application
relating to bankruptcy, insolvency, and the relief of debtors and other laws of general application affecting enforcement of creditors’ rights generally and rules of law governing specific performance, injunctive relief and other equitable
remedies. 
 4.3 No Conflict. The execution, delivery and performance of this Agreement and the Ancillary Agreements by Purchaser do
not and will not (a) breach, violate or conflict with any provision of the charter documents of Purchaser, as amended to date, (b) conflict with or violate any material law, rule, regulation, order, writ, judgment, injunction, decree,
determination or award 
  

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 applicable to Purchaser or (c) prohibit consummation by Purchaser of the transactions contemplated by the
Transaction Agreements. No consent, approval or authorization of or filing with any Governmental Authority, or any other Person, is required to be made or obtained by Purchaser in connection with the execution, delivery and performance of this
Agreement or the Ancillary Agreements, and the consummation of the transactions contemplated hereby and thereby. 
 4.4 Brokers’ or
Finders’ Fees. Purchaser has not incurred, nor will it incur, directly or indirectly, any liability for brokerage or finders’ fees or agents’ commissions or any similar charges in connection with the Transaction Agreements or any
transaction contemplated by the Transaction Agreements. Purchaser has not taken any action or entered into any agreement or understanding that will cause Seller to incur any of the foregoing liabilities. 
 4.5 Litigation. There is no Action pending or, to the Knowledge of Purchaser, threatened against, relating to or affecting the transactions
contemplated by this Agreement and the Ancillary Agreements. 
 ARTICLE 5 
 COVENANTS 
 5.1 Operation of the Business. Seller agrees, prior to the
Closing, to operate the Purchased Assets in the ordinary course of business and, without the prior written consent of Purchaser, such consent to not be unreasonably withheld or delayed, shall not: (a) mortgage, pledge or allow any Lien (other
than Permitted Liens) on any of the Purchased Assets; (b) except for dispositions of Inventory in the ordinary course of business, sell, license, assign or transfer any of the Purchased Assets; or (c) enter into any agreement or commitment
to do any of the actions set forth in (a) or (b) above. Seller further agrees, prior to Closing, to use its commercially reasonable efforts (i) to maintain the Tangible Assets in good operating condition, subject only to ordinary wear
and tear, (ii) to maintain the Inventory in usable and saleable condition, and (iii) to promptly inform Purchaser of any destruction, damage to or loss of any of the Purchased Assets that would have, or would be reasonably expected to
have, a Material Adverse Effect. Seller further agrees, prior to the Closing, to transfer or otherwise make available to Purchaser, at Purchaser’s sole expense, the benefit of all warranties and similar protections applicable to the Tangible
Assets, to the extent such warranties and protections may be transferred or otherwise made available to Purchaser. As soon as possible following the execution of this Agreement, Purchaser and Seller will establish a manufacturing transition team,
which will meet and confer at mutually agreed times and as necessary or appropriate with the goal of ensuring that the manufacturing and related operations at the JV1/JV2 Facilities can be effectively and efficiently transitioned to Purchaser’s
operation and control at the Closing. 
 5.2 Equipment Leases. With respect to the equipment used in the JV1/JV2 Facilities up to the
date of this Agreement, which equipment is leased or rented by Seller pursuant to agreements which expire more than six (6) months after the Closing Date, as set forth on Schedule 5.2 attached hereto, Seller shall assign such leases (the
“Assigned Leases”) to Purchaser and Purchaser shall accept such assignment and assume all obligations thereunder. Seller shall be responsible for obtaining any consents required for the foregoing assignments. With respect to
equipment leases that expire less than six (6) months after the Closing Date, as set forth on Schedule 5.2 attached hereto, Seller shall use commercially reasonable efforts to extend the term of the applicable agreement through the date
which is six (6) months after the Closing Date, as requested by Purchaser. Purchaser shall use its commercially reasonable efforts to renegotiate the terms of such agreement or 
  

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 enter into new lease agreement with the lessor. To the extent Purchaser is unable to execute new leases at the Closing
Date, Seller shall assign such extended leases to Purchaser (such leases also being “Assigned Leases”) and Purchaser shall accept such assignment and assume all obligations under such Assigned Leases. Seller shall be responsible for
obtaining any consents required for the foregoing assignments. 
 5.3 Other Agreements. Seller shall use commercially reasonable
efforts to assign the Assigned Contracts to Purchaser. Such Assigned Contracts, together with the agreements set forth on Schedule 5.3, represent all software license agreements, equipment maintenance agreements or other agreements for
products or services that are reasonably necessary for Purchaser to operate the JV1/JV2 Facilities and the Tangible Assets in substantially the same manner as operated by Seller as of the date of this Agreement and as of the Closing (other than with
respect to rights or services provided to Purchaser by Seller (or an Affiliate of Seller) pursuant to agreements between the parties or the Ancillary Agreements). 
 5.4 Access. 
 (a) Prior to the Closing, Seller shall provide Purchaser with reasonable access during
normal business hours to the Purchased Assets and information reasonably related thereto and to the Transaction as Purchaser may reasonably request. While visiting in the JV1/JV2 Facilities, Purchaser shall at all times fully comply with
Seller’s plant rules and regulations provided to Purchaser as well as all reasonable instructions that may be issued by Seller’s employees or personnel accompanying such employees or representatives of Purchaser. Each party shall, at its
own expense, indemnify and hold harmless the other party and its employees from and against any and all direct losses or damages without limitation to any of the other party’s property or loss of personal health or life, caused by the
indemnifying party’s representatives during any such visit. Without limiting the generality of the foregoing, Purchaser shall perform a final due diligence review of the Purchased Assets within five (5) business days prior to the Closing,
solely for the purpose of confirming (i) the condition and existence of the Purchased Assets at the time of Closing, (ii) that there has been no Material Adverse Effect and (iii) the amounts of Inventory (including work-in-process)
and raw materials located at the JV1/JV2 Facilities. Seller shall use commercially reasonable efforts to locate and provide any of the information requested by Purchaser, and Purchaser shall use its commercially reasonable efforts to minimize any
disruption to Seller’s business in connection with the conduct of the process contemplated herein. Seller shall receive reasonable advance notice of and shall have the right to participate in, any discussions Purchaser might have with any
foreign, federal or state Governmental Authorities about Seller or the Purchased Assets. 
 (b) Following the Closing, upon Purchaser’s
reasonable request and at Purchaser’s expense, Seller shall use commercially reasonable efforts to provide to Purchaser copies of any books, records and/or documents that are not Purchased Assets but that are useful for Purchaser to operate the
JV1/JV2 Facilities and the Tangible Assets, and to perform the Assigned Leases, in substantially the same manner as operated by Seller as of the date of this Agreement and as of the Closing Date. 
 (c) Notwithstanding anything in this Section to the contrary, under no circumstances shall Seller be required to provide to Purchaser or its
Representatives access to any privileged attorney-client communications or work product of Seller. With respect to 
  

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 information covered by existing confidentiality agreements between Seller and third parties, Seller and Purchaser will
make commercially reasonable efforts to obtain waivers or otherwise allow for Seller to disclose such information to Purchaser. 
 5.5
Approvals and Consents. The Parties agree to use commercially reasonable efforts to take promptly, or cause to be taken, all actions, and to do promptly, or cause to be done, all things necessary, proper or advisable under applicable laws and
regulations to consummate and make effective the Transaction, to obtain all necessary waivers, consents and approvals and to effect all necessary registrations and filings and to remove any injunctions or other impediments or delays, legal or
otherwise, in order to consummate and make effective the Transaction for the purpose of securing to the Parties hereto the benefits contemplated by this Agreement. Such waivers, consents and approvals that are necessary to avoid a Material Adverse
Effect are listed on Schedule 5.5 attached hereto (the “Material Consents”). 
 5.6 Insurance. Seller shall
maintain the insurance policies listed in Section 3.7 of Seller’s Disclosure Schedule in full force and effect, including the full and timely payment of all applicable premiums, through the Closing. 
 5.7 Inventory. Seller shall have on hand at the JV1/JV2 Facilities and, other than with respect to raw materials, transfer to Purchaser hereunder
at the Closing, sufficient Inventory and raw materials to permit Purchaser to fabricate products so as to satisfy (i) that portion of Seller’s initial purchase order under the Foundry Agreement to be delivered within forty-five
(45) days after the Closing and (ii) that portion of Purchaser’s then-current purchase order under the Foundry Agreement dated as of March 31, 2005 between Purchaser and Seller to be delivered within forty-five (45) days
after the Closing. Schedule 5.7 attached hereto lists the vendors of the raw materials utilized at the JV1/JV2 Facilities as of the date of this Agreement and the raw materials supplied by each such vendor. The manufacturing transition team
referenced in Section 5.1 above will meet periodically, but no less than monthly, to review and address any issues with respect to the foregoing Inventory, work-in-process and raw materials with the goal of ensuring that Seller complies with
the covenants contained in this Section 5.7. Without limiting the generality of the foregoing, the manufacturing transition team will discuss and determine whether, in light of the applicable lead times for ordering raw materials, any
additional raw materials are required for the effective and efficient transition of manufacturing and related operations at the JV1/JV2 Facilities to Purchaser’s operation and control at the Closing. 
 5.8 Further Assurances. After the Closing, each Party will, at the reasonable request of the other Party, and without further consideration,
execute and deliver such other instruments of sale, transfer, conveyance, assignment and confirmation, and take such other action, as the other Party may reasonably deem necessary in order to transfer, convey and assign the Purchased Assets to
Purchaser and to assign the Assumed Liabilities to Purchaser. 
 5.9 Lease Financing. Purchaser and Seller shall, as promptly as
reasonably practicable and in no event later than December 31, 2006, use their commercially reasonable efforts to obtain alternate lease financing in form reasonably acceptable to Purchaser for the equipment that is currently leased pursuant to
the Master Rental Agreement (Contract No. LFLEAA05), dated July 16, 2003, by and between GE Capital Leasing K.K. and Spansion Japan. (the “GE Lease”), which equipment is listed in Part B of Exhibit 1 to Exhibit C to the Master
Lease Agreement, such that Purchaser shall have the right to lease such equipment for a Monthly Rental amount (as defined in the Master Lease Agreement) equal to the Japan GAAP depreciation amount. In the event that such 
  

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 financing cannot be obtained as provided above, Seller shall purchase the foregoing equipment no later than
December 31, 2006 and lease such equipment to Purchase under Schedule No. 1 to the Master Lease Agreement for a Monthly Rental amount (as defined therein) equal to the Japan GAAP depreciation amount. 
 5.10 Other Ancillary Agreements. Purchaser and Seller shall use their commercially reasonable efforts to finalize forms of a Services Agreement,
Sort Services Agreement and Wafer Processing Services Agreement within thirty (30) days from the date of this Agreement that are reasonably acceptable to Purchaser and Seller. 
 ARTICLE 6 
 CONDITIONS PRECEDENT TO OBLIGATIONS OF SELLER 
 The obligations of Seller to be discharged under this Agreement on or prior to the Closing are subject to satisfaction of the following conditions at or
prior to the Closing (unless expressly waived in writing by Seller at or prior to the Closing). 
 6.1 Assignment and Assumption
Agreement. Purchaser shall have executed the Assignment and Assumption Agreement and any other certificates, instruments or documents required pursuant to the provisions of this Agreement or otherwise necessary to transfer the Assumed
Liabilities to Purchaser in accordance with the terms hereof and consummate the Transaction. 
 6.2 No Legal Action. No Action
relating to the Transaction will have been instituted or threatened before any court or by any Governmental Authority which presents a substantial risk of the restraint or prohibition of the Transaction or the obtaining of material damages or other
material relief in connection therewith. 
 6.3 Accuracy of Representations and Warranties. Each of the representations and warranties
of Purchaser contained in this Agreement or in any other document or agreement referenced in this Agreement and signed or delivered by or on behalf of Purchaser shall be true and correct in all material respects as of the Closing Date with the same
effect as though such representations and warranties had been made on and as of the Closing Date. 
 6.4 Performance of Obligations.
Purchaser shall have in all material respects performed and complied with all of the agreements, covenants and obligations required under this Agreement (including each of the Exhibits hereto attached) to be performed or complied with by Purchaser
prior to or at the Closing. 
 6.5 Governmental Approvals. All filings that are required, if any, to have been made by the Parties
with any Governmental Authority in order to carry out this Agreement shall have been made and all authorizations, consents and approvals from any Governmental Authority required to carry out this Agreement shall have been received and any applicable
waiting periods shall have expired. 
 6.6 Compliance Certificate. Purchaser shall have delivered to Seller a certificate, executed by
the appropriate officers of Purchaser, certifying that the conditions specified in Sections 6.3 through 6.5 (insofar as they are to be performed by Purchaser) have been fulfilled. 
  

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 6.7 Consents and Waivers. Seller shall have obtained the Material Consents. 
 6.8 Ancillary Agreements. Purchaser shall have executed the Ancillary Agreements, including a Services Agreement, Sort Services Agreement and
Wafer Processing Services Agreement in forms reasonably acceptable to Seller. 
 6.9 Agreements to be Terminated. The agreements set
forth on Schedule 6.9 shall be terminated and shall be of no further force and effect. 
 ARTICLE 7 
 CONDITIONS PRECEDENT TO OBLIGATIONS OF PURCHASER 
 The obligations of Purchaser to be discharged under this Agreement on or prior to the Closing are subject to satisfaction of the following conditions at or prior to the Closing (unless expressly waived in writing by
Purchaser at or prior to the Closing). 
 7.1 Conveyance. Seller will have executed and delivered to Purchaser the Bill of Sale and
any other certificates, instruments or documents required pursuant to the provisions of this Agreement or otherwise necessary to transfer the Purchased Assets to Purchaser in accordance with the terms hereof and consummation of the Transaction.

 7.2 No Legal Action. No Action relating to the Transaction will have been instituted or threatened before any court or by any
Governmental Authority which presents a substantial risk of the restraint or prohibition of the Transaction or the obtaining of material damages or other material relief in connection therewith or which could materially adversely affect the ability
of Purchaser to own and operate the Purchased Assets. 
 7.3 Accuracy of Representations and Warranties. Each of the representations
and warranties of Seller contained in this Agreement or in any other document or agreement referenced in this Agreement and signed or delivered by or on behalf of Seller shall be true and correct in all material respects as of the Closing Date with
the same effect as though such representations and warranties had been made on and as of the Closing Date. 
 7.4 Performance of
Obligations. Seller shall have in all material respects performed and complied with all of the agreements, covenants and obligations required under this Agreement (including each of the Exhibits hereto attached) to be performed or complied with
by Seller prior to or at the Closing. 
 7.5 Consents and Waivers. Seller shall have obtained all Material Consents. 
 7.6 Governmental Approvals. All filings that are required, if any, to have been made by the Parties with any Governmental Authority in order to
carry out this Agreement shall have been made and all authorizations, consents and approvals from any Governmental Authority required to carry out this Agreement shall have been received and any applicable waiting periods shall have expired.

  

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 7.7 Compliance Certificate. Seller shall have delivered to Purchaser a certificate, executed by
the appropriate officers of Seller, certifying that the conditions specified in Sections 7.3 and 7.6 (insofar as they are to be performed by Seller) have been fulfilled. 
 7.8 Ancillary Agreements. Seller shall have executed the Ancillary Agreements, including a Services Agreement, Sort Services Agreement and Wafer Processing Services Agreement in forms reasonably acceptable to
Purchaser. 
 7.9 Material Adverse Effect. There shall not have been a Material Adverse Effect. 
 7.10 Inventory. The Inventory, work-in-process and raw materials on hand at the JV1/JV2 Facilities and transferred to Purchaser hereunder shall
conform to the description thereof set forth in Section 5.7 above in all material respects. 
 7.11 Equipment Leases. The
expiration date of each of the Assigned Leases, other than the GE Lease, shall occur no less than six (6) months following the Closing Date. 
 7.12 Agreements to be Terminated. The agreements set forth on Schedule 6.9 shall be terminated and shall be of no further force and effect. 
 7.13 Seconded Employees. At least ninety-five percent (95%) of the employees set forth on Schedule 2.1.3 of the Secondment and Transfer Agreement in the form attached as Exhibit E as to each of
(i) Engineers/Staff and (ii) Operator/Maintainer/Technician/Engineering Assistant (or in either case their comparable replacements) shall be available for secondment to Purchaser on the Closing Date. 
 ARTICLE 8 
 CONFIDENTIAL INFORMATION;
PUBLIC COMMUNICATIONS 
 8.1 Non-Disclosure. The Parties acknowledge that Seller and Purchaser have previously executed a
non-disclosure agreement dated January 25, 2006 (the “Confidentiality Agreement”), which Confidentiality Agreement is hereby incorporated herein by reference and shall continue in full force and effect in accordance with its
terms. 
 8.2 Public Communications. The initial press releases with respect to the execution of this Agreement shall be reasonably
acceptable to Seller and Purchaser. 
 ARTICLE 9 
 INDEMNIFICATION 
 9.1 Survival of Representations and Covenants. 
 (a) The representations and warranties of the Parties in this Agreement shall survive the Closing: (a) indefinitely, with respect to Sections 3.2 and
4.2; (b) for a period of five (5) years, with respect to Section 3.11; and (c) for a period of eighteen (18) months, with respect to all other representations and warranties. 
  

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 (b) The representations, warranties, covenants and obligations of the respective Parties, and the rights
and remedies that may be exercised by any of them, shall not be limited or otherwise affected by or as a result of any information furnished to, or any investigation made by, or the knowledge of, any of the Parties or any of their Representatives.

 9.2 Indemnification by Seller. 
 (a) Subject to the provisions of this Section 9.2 and Sections 9.1 and 9.5, Seller shall hold harmless and indemnify Purchaser from and against, and shall compensate and reimburse Purchaser for, any Damages which are suffered or
incurred by Purchaser (regardless of whether or not such Damages relate to any third-party claim) arising or resulting from: 
 (i) any
breach of any representation or warranty made by Seller in this Agreement or any other Transaction Agreement (except for the Foundry Agreement); 
 (ii) any breach of any covenant or obligation of Seller contained in this Agreement or any other Transaction Agreement (except for the Foundry Agreement); and 
 (iii) any Liabilities that are not Assumed Liabilities, including (without limitation) all Excluded Liabilities (provided that Seller shall have no obligation to indemnify Purchaser with respect to any Excluded
Liabilities that arise from violations of Environmental Laws that relate to, arise out of or are incurred in connection with Seller’s use, operation or possession of the JV1/JV2 Facilities or the Purchased Assets prior to June 30, 2003 or
after the Closing). 
 (b) Seller’s maximum liability under this Section 9 for breaches of representations and warranties under
this Agreement and under any other Transaction Agreement (other than the Foundry Agreement) shall be limited to four billion two hundred sixty-seven million five hundred ninety-nine thousand four hundred twenty (4,267,599,420) Japanese Yen;
provided, however, that the foregoing limitation shall not apply to (i) any Excluded Liabilities (provided that Seller shall have no obligation to indemnify Purchaser with respect to any Excluded Liabilities that arise from violations of
Environmental Laws that relate to, arise out of or are incurred in connection with Seller’s use, operation or possession of the JV1/JV2 Facilities or the Purchased Assets prior to June 30, 2003 or after the Closing) or (ii) any
Damages arising from Seller’s fraud. 
 (c) Seller is not required to make any indemnification payment hereunder for breaches of
representations and warranties unless a claim is initiated prior to expiration of the applicable survival period set forth in Section 9.1(a). 
 (d) Seller shall not be required to make any indemnification payment hereunder for breaches of representations and warranties in this Agreement or any other Transaction Agreement unless the Damages for all such breaches exceed, in the
aggregate, at least twenty-five million (25,000,000) Japanese Yen, in which event Seller shall be required to pay all such Damages. 
  

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 9.3 Indemnification by Purchaser. 
 (a) Subject to the provisions of this Section 9.3 and Sections 9.1 and 9.5, Purchaser shall hold harmless and indemnify Seller from and against,
and shall compensate and reimburse Seller for, any Damages which are suffered or incurred by Seller (regardless of whether such Damages relate to any third-party claim), arising or resulting from: 
 (i) any breach of any representation or warranty made by Purchaser in this Agreement or any other Transaction Agreement (except for the Foundry
Agreement); 
 (ii) the Assumed Liabilities; and 
 (iii) any breach of any covenant or obligation of Purchaser contained in this Agreement or any other Transaction Agreement (except for the Foundry Agreement). 
 (b) Purchaser’s maximum liability under this Section 9 for breaches of representations and warranties in this Agreement and under any other
Transaction Agreement (other than the Foundry Agreement), shall be limited to four billion two hundred sixty-seven million five hundred ninety-nine thousand four hundred twenty (4,267,599,420) Japanese Yen; provided, however, that the foregoing
limitation shall not apply to (i) any Assumed Liabilities or (ii) any Damages arising from Purchaser’s fraud. 
 (c) Purchaser
is not required to make any indemnification payment hereunder for breaches of representations and warranties unless a claim is initiated prior to expiration of the applicable survival period set forth in Section 9.1(a). 
 (d) Purchaser shall not be required to make any indemnification payment hereunder for breaches of representations and warranties in this Agreement or any
other Transaction Agreement unless the Damages for all such breaches exceed, in the aggregate, at least twenty-five million (25,000,000) Japanese Yen, in which event Purchaser shall be required to pay all such Damages. 
 9.4 Defense of Third-party claims. In the event of the assertion or commencement by any Person of any Action (whether against Purchaser, Seller or
any other Person) with respect to which a Party hereto is obligated hereunder to indemnify, hold harmless, compensate or reimburse any Person pursuant to this Section 9, the party to be indemnified (the “Indemnified Party”)
shall reasonably promptly, but in any event within fifteen (15) days following the Indemnified Party’s actual knowledge thereof, notify the Person providing the indemnification hereunder (the “Indemnifying Party”) of such
Action by providing notice to the Indemnifying Party; provided, however, the failure to give such notice shall not affect the obligations of the Indemnifying Party hereunder except to the extent the Indemnifying Party was materially prejudiced
thereby. The Indemnifying Party shall have the right, at its election, to assume the defense of such Action at its sole expense. In the absence of any such election, the Indemnified Party may proceed with the defense of such Action, and the
Indemnifying Party shall bear and pay all costs and expenses (including reasonable attorneys’ fees and costs) in connection with the Indemnified Party’s defense of any such Action (whether or not incurred by the Indemnified Party).

  

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 (a) If the Indemnifying Party assumes the defense of any such Action as provided for above: 

(i) the Indemnifying Party shall proceed to defend such Action in a diligent manner with counsel reasonably satisfactory to the Indemnified Party;

 (ii) the Indemnifying Party shall keep the Indemnified Party reasonably informed of all material developments and events relating to such
Action; 
 (iii) the Indemnified Party shall make available to the Indemnifying Party any documents and materials in the possession or
control of the Indemnified Party that may be necessary to the defense of such Action; 
 (iv) the Indemnified Party shall have the right to
participate in the defense of such Action at its own expense; and 
 (v) unless the settlement involves solely cash payments, the
Indemnifying Party shall not settle, adjust or compromise such Action without the prior written consent of the Indemnified Party, which consent shall not be unreasonably withheld or delayed. 
 (b) If the Indemnified Party proceeds with the defense of any such Action: 
 (i) all expenses reasonably incurred by or on behalf of the Indemnified Party and relating to the defense of such Action shall be borne and paid exclusively by the Indemnifying Party; 
 (ii) the Indemnifying Party shall make available to the Indemnified Party any documents and materials in the possession or control of the Indemnifying
Party that may be necessary to the defense of such Action; 
 (iii) the Indemnified Party shall keep the Indemnifying Party reasonably
informed of all material developments and events relating to such Action; and 
 (iv) the Indemnified Party shall not settle, adjust or
compromise such Action without the prior written consent of the Indemnifying Party, which consent shall not be unreasonably withheld or delayed. 
 9.5 Insurance Proceeds. To the extent any claim is covered by insurance held by the Indemnified Party, such Indemnified Party shall be entitled to indemnification pursuant to Article 11 only with respect to the amount of Damages that
are in excess of the cash proceeds received by such Indemnified Party pursuant to such insurance. If such Indemnified Party receives such cash insurance proceeds prior to the time such claim is paid, then the amount payable by the Indemnifying Party
pursuant to such claim shall be reduced by the amount of such insurance proceeds covering the claim. If such Indemnified Party receives such cash insurance proceeds after such claim is paid, then upon receipt by the Indemnified Party of any cash
proceeds of such insurance with respect to such claim, such Indemnified Party shall repay any portion of such amount which was previously paid by the Indemnifying Party to the Indemnified Party in satisfaction of such claim. 
  

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 9.6 Sole Remedy. Other than rights to equitable relief and, to the extent available under
applicable law, claims for fraud, the sole remedy available to any Indemnified Party for breaches of this Agreement shall be limited to the rights set forth in this Article 9. In no event will any other Person except the named Indemnified Parties
have any rights to any payments whatsoever. 
 ARTICLE 10 
 TERMINATION OF THIS AGREEMENT 
 10.1 Termination. This Agreement and the Transaction may be
terminated at any time prior to the Closing: 
 (a) by mutual written consent of Seller and Purchaser; 
 (b) by Seller if it is not in material breach of its respective representations, warranties, covenants and agreements under this Agreement and there has
been a material breach of any representation, warranty, covenant or agreement contained in this Agreement on the part of Purchaser and (i) Purchaser has not cured such breach within thirty (30) days after notice of such breach to Purchaser
(provided however, that, no cure period shall be required for a breach which by its nature cannot be cured) and (ii) as a result of such breach any of the conditions set forth in Article 6 would not be satisfied prior to the Closing Date;

 (c) by Purchaser if it is not in material breach of its respective representations, warranties, covenants and agreements under this
Agreement and there has been a material breach of any representation, warranty, covenant or agreement contained in this Agreement on the part of Seller and (i) Seller has not cured such breach within thirty (30) days after notice of such
breach to Seller (provided however, that, no cure period shall be required for a breach which by its nature cannot be cured) and (ii) as a result of such breach any of the conditions set forth in Article 7 would not be satisfied prior to the
Closing Date; 
 (d) by either party by written notice after July 31, 2007; provided, however, that the right to terminate this
Agreement under this Section 10.1(d) shall not be available to any Party whose willful failure to fulfill any obligation hereunder has been the cause of, or resulted in, the failure of the Closing to occur on or before such date; 
 (e) by either Party by written notice if there shall be a final nonappealable order of a federal or state court of competent jurisdiction in effect
preventing consummation of the Transaction; or 
 (f) by either Party by written notice if there shall be any statute, rule, regulation or
order enacted, promulgated or issued or deemed applicable to the Transaction by any Governmental Authority that would make consummation of such transactions illegal. 
  

 -19- 

 ARTICLE 11 
 GENERAL PROVISIONS 
 11.1 Payment of Expenses. Except as otherwise provided in this Agreement,
Seller and Purchaser will each bear its own expenses incurred in connection with this Agreement and the consummation of the Transaction, including the fees and expenses of attorneys, accountants, brokers, finders and any other advisors engaged by
each Party. 
 11.2 Relationship of the Parties. Seller and Purchaser will at all times be independent contractors, and nothing in
this Agreement will be construed as creating a joint venture, partnership or agency relationship between the Parties. 
 11.3 Notices.
Any notice or other communication required or permitted to be delivered to any party under this Agreement shall be in writing and shall be deemed properly delivered, given and received when delivered (by hand, by registered mail, by courier or
express delivery service or by telecopier) to the address or telecopier or facsimile number set forth beneath the name of such Party below (or to such other address or telecopier number as such Party shall have specified in a written notice given to
the other Party hereto): 
 if to Purchaser, to: 
 Fujitsu Limited 
 1-1, Kamikodanaka 4-chome 
 Nakahara-ku 
 Kawasaki 211-8588 
 Japan 
 Attention: President 
 Telephone: (042) 532-1400 
 Facsimile: (042) 532-2400 
 with a copy (which shall not constitute notice) to:

 Morrison & Foerster, LLP 
 Attention: Kenneth A. Siegel 
 AIG Building, 11F 
 1-1-3 Marunouchi 
 Chiyoda-ku, Tokyo 100-0005 
 Japan 
 Telephone: (03) 3214-6522 
 Facsimile: (03) 3214-6512 
 if to Seller, to: 
 Spansion Japan Limited 
 1-14 Nisshin-Cho 
 Kawasaki-ku, Kawasaki-shi 
 Kanagawa 210-0024 
  

 -20- 

 Japan 
 Attention: President 
 Telephone: +81-44-223-1716 
 Facsimile: +81-44-223-1800 
 with a copy (which shall not constitute notice) to: 
 Spansion Inc. (for Spansion Inc., Spansion Technology Inc. and Spansion LLC) 
 Attention: General Counsel 
 915 DeGuigne Drive 
 PO Box 3453, M/S 251 
 Sunnyvale, California 94088 
 USA 
 Telephone: (408) 962-2500 
 Facsimile: (408) 616-6659 
 and with a copy (which shall not constitute notice) to: 
 Latham & Watkins LLP

 Attention: Tad J. Freese 
 140 Scott Drive 
 Menlo Park, California 94025 
 USA 
 Telephone: (650) 328-4600 
 Facsimile: (650) 463-2800 
 11.4 Governing Law; Dispute Resolution. This Agreement will be governed by and construed, and the rights and obligations of the Parties shall be
determined, in accordance with the laws of Japan without giving effect to principles of conflict of laws. If any Party to a dispute or controversy concerning the rights, benefits or obligations set forth in this Agreement determines that a
reasonable attempt at settlement has failed, binding arbitration conducted in accordance with the dispute resolution procedure set forth in Schedule B attached hereto shall be the exclusive and final forum for settling any disagreement,
dispute, controversy or claim arising out of or in any way related to this Agreement or the subject matter thereof or the interpretation hereof or any arrangements relating hereto or contemplated herein or the breach, termination or invalidity
hereof. 
 11.5 Assignability; Third-Party Rights. This Agreement shall be binding upon Seller and its successors and permitted
assigns (if any) and Purchaser and its successors and permitted assigns (if any). This Agreement shall inure to the benefit of Seller and Purchaser and their respective successors and permitted assigns (if any). Subject to Section 11.17 below,
this Agreement may not be assigned by either Party without the prior written consent of the other Party. Nothing in this Agreement, express or implied, will be deemed to confer upon any other Person, any rights or remedies under, or by reason of,
this Agreement. 
 11.6 Remedies Cumulative; Specific Performance. Except as otherwise provided in this Agreement, the rights and
remedies of the parties hereto shall be cumulative (and not alternative). The Parties agree that, in the event of breach or threatened breach of the provisions of this Agreement, the damage or imminent damage to the value and the goodwill of the
non-breaching 
  

 -21- 

 Party and such Party’s business will be irreparable and extremely difficult to estimate, making any remedy at law or
in damages inadequate. Accordingly, the Parties agree that the non-breaching Party shall be entitled to seek injunctive relief against the breaching Party in the event of any breach or threatened breach of such provisions and to enforce specifically
this Agreement, in addition to any other relief (including damages) available to a Party under this Agreement or under applicable law. 
 11.7 Waiver. No failure or delay on the part of any Party hereto to exercise any right or remedy under this Agreement shall operate as a waiver of such right or remedy, and no single or partial exercise of any such right or remedy
shall preclude any other or further exercise thereof. No Party shall be deemed to have waived any claim arising out of this Agreement, or any right or remedy under this Agreement, unless the waiver of such claim, right or remedy is expressly set
forth in a written instrument duly executed and delivered on behalf of such Party. 
 11.8 Amendments. This Agreement may not be
amended, modified or supplemented other than by a written instrument duly executed and delivered by a duly authorized officer on behalf of Purchaser and Seller, respectively. 
 11.9 Headings. The section and other headings contained in this Agreement are for reference purposes only and will not in any way affect the
meaning or interpretation of this Agreement. 
 11.10 Interpretation. Whenever the words “include,” “includes” or
“including” are used in this Agreement, they shall be deemed, as the context indicates, to be followed by the words “but (is/are) not limited to.” Wherever in this Agreement words indicating the plural number appear, such words
will be considered as words indicating the singular number and vice versa where the context indicates the propriety of such use. 
 11.11
Preparation of this Agreement. Each of the Parties hereby acknowledges and agrees that (a) Purchaser and Seller jointly and equally participated in the drafting of this Agreement and all other agreements contemplated hereby,
(b) both Purchaser and Seller have been adequately represented and advised by legal counsel with respect to this Agreement and the Transaction and (c) no presumption shall be made that any provision of this Agreement shall be construed
against either Party by reason of such role in the drafting of this Agreement and any other agreement contemplated hereby. 
 11.12
Severability. If any provision of this Agreement or the application thereof, becomes or is declared by a court of competent jurisdiction to be illegal, void or unenforceable, the remainder of this Agreement will continue in full force and
effect and the application of such provision to other persons or circumstances will be interpreted so as reasonably to effect the intent of the Parties hereto. The Parties further agree to replace such void or unenforceable provision of this
Agreement with a valid and enforceable provision that will achieve, to the extent possible, the economic, business and other purposes of such void or unenforceable provision. 
 11.13 Entire Agreement. The schedules and exhibits attached hereto are incorporated into this Agreement by reference. This Agreement, the
Confidentiality Agreement, the Ancillary Agreements and the schedules and exhibits hereto constitute the entire agreement between the Parties with respect to the subject matter hereof and supersede all prior agreements and understandings both
written and oral between the Parties with respect to the subject matter hereof. If there is any discrepancy or inconsistency between the terms of this Agreement and any other agreement executed 
  

 -22- 

 by or on behalf of Seller to transfer any of the Purchased Assets or assign any of the Assumed Liabilities, the terms of
this Agreement will supersede and replace the terms of any such other agreement with respect to any such discrepancy or inconsistency. 
 11.14 Counterparts. This Agreement may be executed in counterparts, each of which when so executed will be deemed to be an original, and all such counterparts will together constitute but one and the same instrument. Execution and
delivery of this Agreement by exchange of facsimile copies bearing the facsimile signature of a Party shall constitute a valid and binding execution and delivery of this Agreement by such Party. 
 11.15 No Representations or Warranties. EXCEPT AS EXPRESSLY SET FORTH IN THE REPRESENTATIONS AND WARRANTIES CONTAINED IN THIS AGREEMENT, SELLER
MAKES NO REPRESENTATIONS OR WARRANTIES REGARDING THE STATUS OR CONDITION OF THE PURCHASED ASSETS, WHETHER EXPRESS OR IMPLIED, AND NO WARRANTY OF MERCHANTABILITY, FITNESS FOR INTENDED OR PARTICULAR USE OR OTHERWISE. 
 11.16 Spansion Guaranties. Spansion U.S., as the sole stockholder of STI and the owner of a sixty percent (60%) membership interest in
Spansion LLC, STI, as the owner of a forty percent (40%) membership interest in Spansion LLC, and Spansion LLC, as the sole stockholder of Seller, are parties to this Agreement solely in their capacities as Guarantors. Spansion LLC hereby
agrees to take all actions necessary to cause Seller to comply with the terms and conditions of this Agreement. Spansion LLC further hereby guarantees, and shall be fully liable for, Seller’s performance of all of Seller’s obligations
hereunder. Spansion U.S. and STI each hereby agrees to take all actions necessary to cause Spansion LLC to comply with the terms of this Section 11.16. Spansion U.S. hereby agrees to take all actions necessary to cause STI to comply with the
terms of this Section 11.16. 
 11.17 Purchaser Subsidiary. At any time prior to the Closing, Purchaser shall have the right,
upon prior written notice to Seller, to substitute a majority-owned subsidiary of Purchaser as a party to this Agreement in place of Purchaser, provided that such substitution shall not reliever Purchaser of its obligations under this Agreement.
Except as set forth in the preceding sentence, upon any such substitution, such subsidiary shall immediately be deemed to the Purchaser for all purposes of this Agreement. 
 [Remainder of page intentionally left blank.] 
  

 -23- 

 IN WITNESS WHEREOF, Purchaser and Seller have each caused this Agreement to be executed as of the date
first written above. 
  

			
	 “SELLER”
  
 SPANSION JAPAN LIMITED

		
	 By
	 	 /s/ Kazunori Imaoka

		 	 
	 Name
	 	 Kazunori Imaoka

	 Title
	 	 President

	
	  
 “PURCHASER”
  
 FUJITSU
LIMITED

		
	 By
	 	 /s/ Hiroaki Kurokawa

		 	 
	 Name
	 	 Hiroaki Kurokawa

	 Title
	 	 President

  

 S-1 

			
	 Solely for purposes of Section 11.16:
  
 SPANSION INC.

		
	 By
	 	 /s/ Robert C. Melendres

		 	 
	 Name
	 	 Robert C. Melendres

	 Title
	 	 Executive Vice President and General Counsel

	
	 SPANSION TECHNOLOGY INC.

		
	 By
	 	 /s/ Robert C. Melendres

		 	 
	 Name
	 	 Robert C. Melendres

	 Title
	 	 Executive Vice President and General Counsel

	
	 SPANSION LLC

		
	 By
	 	 /s/ Robert C. Melendres

	 Name
	 	 Robert C. Melendres

	 Title
	 	 Executive Vice President and General Counsel

  

 S-2 

 SCHEDULE A 
 DEFINITIONS 
 As used in this Agreement, the following terms have the following meanings unless the
context otherwise requires: 
 (1) “Action” means any suit, litigation, arbitration or administrative proceeding before any
Governmental Authority. 
 (2) “Agreement” is defined in the Preamble. 
 (3) “Ancillary Agreements” means the Master Lease Agreement in the form attached as Exhibit C, the Foundry Agreement in the form
attached as Exhibit D, the Secondment and Transfer Agreement in the form attached as Exhibit E, and a Services Agreement, a Sort Services Agreement and a Wafer Processing Services Agreement, each in forms reasonably acceptable to
Seller and Purchaser. 
 (4) “Applicable Law” means, with respect to a Person, any domestic or foreign, national, federal,
territorial, state or local constitution, statute, law (including principles of common law), treaty, ordinance, rule, administrative interpretation, regulation, order, writ, injunction, legally binding directive, judgment, decree or other
requirement or restriction of any arbitrator or Government Authority applicable to such Person or any of its affiliates or any of their respective properties, assets, officers, directors, employees, consultants or agents (in connection with such
officer’s, director’s, employee’s, consultant’s or agent’s activities on behalf of such Person or any of its affiliates). 
 (5) “Apportioned Obligations” is defined in Section 2.2(c). 
 (6) “Assigned Contracts” is
defined in Section 1.1(e). 
 (7) “Assigned Leases” is defined in Section 5.2. 
 (8) “Assumed Liabilities” is defined in Section 1.4. 
 (9) “Closing” is defined in Section 2.3. 
 (10) “Closing Date” is
defined in Section 2.3. 
 (11) “Confidentiality Agreement” is defined in Section 8.1. 
 (12) “Damages” means and includes any loss, damage, injury, Liability, claim, demand, settlement, judgment, award, fine, penalty, Tax,
fee (including any reasonable legal fee, accounting fee, expert fee or advisory fee), charge, cost (including any cost of investigation) or expense of any nature, provided, however, that in the event of any third-party claims or Action,
indemnification for fees and expenses that constitute Damages shall be subject to the limitations in Article 11, and further provided that Damages may arise in connection with either a threatened or pending claim or other Action. 
  

 A-1 

 (13) “Environmental Law” means all Applicable Laws and applicable trade association
rules (including the rules of JEITA) which regulate or relate to the protection or clean-up of the environment, the Handling or Release of Hazardous Substances, waste or materials, or other dangerous substances, wastes, pollution or materials
(whether gas, liquid or solid), the health and safety of employees, or the preservation or protection of waterways, groundwater, drinking water, air, wildlife, plants or other natural resources. 
 (14) “Excluded Assets” is defined in Section 1.3. 
 (15) “Excluded Liabilities” is defined in Section 1.5. 
 (16) “GE
Lease” is defined in Section 5.9. 
 (17) “Governmental Authority” means any court, tribunal, arbitrator or
any government or political subdivision thereof, whether foreign, federal, state or county, or any agency, authority, official or instrumentality of any such government or political subdivision. 
 (18) “Guarantors” is defined in the Preamble. 
 (19) “Handling” means any use, generation, storage, treatment, processing, transportation, recycling, disposal, or other handling or disposition of any kind, including the arrangement by contract,
agreement or otherwise for such handling or disposition by any other Person. 
 (20) “Hazardous Substance” means any
pollutants, contaminants, chemicals, waste; any toxic, infectious, carcinogenic, reactive, corrosive, ignitable or flammable chemical or chemical compound; or any hazardous substance, material or waste, whether solid, liquid or gas, that is subject
to regulation, control or remediation under, or which may form the basis of Liability under, any Environmental Laws. “Hazardous Substance” includes, without limitation, any quantity of asbestos in any form, urea formaldehyde, PCB’s,
radon gas, crude oil or any fraction thereof, all forms of natural gas, petroleum products, fractions or by-products, radioactive substances, sludges and slag. 
 (21) “Indemnified Party” is defined in Section 9.4. 
 (22) “Indemnifying
Party” is defined in Section 9.4. 
 (23) “Inventory” shall mean (i) all work-in-process inventory and
(ii) all spare parts, miscellaneous consumables and miscellaneous tangible assets related solely to the JV1/JV2 Facilities or the Tangible Assets. 
 (24) “Japan GAAP” shall mean generally accepted accounting principles as applied in Japan. 
 (25) “JV1/JV2 Facilities” is defined in the Recitals. 
  

 A-2 

 (26) “Knowledge”, with respect to any Person, means the actual knowledge of the
executive officers of such Person after reasonable inquiry. 
 (27) “Law” or “law” means any law, statute,
rule, regulation, ordinance and other pronouncement having the effect of law of Japan, the United States or any other nation, or any state, county, city or other political subdivision thereof or of any Governmental Authority. 
 (28) “Liability” means any direct or indirect obligation, indebtedness, liability, claim, loss, damage (including punitive or exemplary
damages and fines or penalties or interest thereon), deficiency, obligation or responsibility, fixed or unfixed, choate or inchoate, liquidated or unliquidated, secured or unsecured, accrued, absolute, contingent or otherwise. 
 (29) “Lien” means any lien, including any lien, pledge, hypothecation, mortgage, security interest, claim, lease, charge, option, right
of first refusal, easement, servitude, transfer restriction under any stockholder or similar agreement, encumbrance or any other restriction or limitation whatsoever. 
 (30) “Material Adverse Effect” means any change or changes or effect or effects (including work stoppages) that individually or in the aggregate are or may reasonably be expected to be materially
adverse to the Purchased Assets or the ownership, possession or use thereof or to Purchaser’s ability to operate the JV1/JV2 Facilities or the Tangible Assets and perform the Assigned Leases and the Assigned Contracts in substantially the same
manner as operated and performed by Seller as of the date of this Agreement (excluding any changes in the ordinary course of business) or as of the Closing Date. 
 (31) “Party” means each of Seller and Purchaser. 
 (32) “Permits” is
defined in Section 3.9. 
 (33) “Permitted Liens” means (a) Liens for Taxes or charges or claims by a Governmental
Authority (i) not yet due and payable, or (ii) being contested in good faith in appropriate Actions, (b) statutory Liens of landlords, Liens of carriers, workmen, repairmen, warehousepersons, mechanics and materialpersons and other
similar Liens imposed by law incurred in the ordinary course of business for sums (i) not yet due and payable, or (ii) being contested in good faith in appropriate Actions, (c) Liens incurred or deposits made in connection with
workers’ compensation, unemployment insurance and other similar types of social security programs or to secure the performance of tenders, statutory obligations, surety and appeal bonds, bids, leases, government contracts, performance and
return of money bonds and similar obligations, in each case incurred or made in the ordinary course of business, consistent with past practice, (d) easements, covenants, restrictions, rights of way, and other non-monetary imperfections of title
or encumbrances that are a matter of public record and do not, individually or in the aggregate, materially affect the marketability of the property subject thereto or materially interfere with the present or proposed use of such property,
(e) other encumbrances or minor matters that individually or in the aggregate are not material in amount and do not materially detract from or interfere with the value or the present or intended use of the property to which such encumbrance(s)
relate(s), (f) zoning, building or similar restrictions relating to or affecting property which would not, individually or in the aggregate, materially interfere with the 
  

 A-3 

 present use or intended use of the affected property or (g) conditions which would be disclosed by a survey or
physical inspection which, in either case, would not individually or in the aggregate materially interfere with the present use or intended use of the affected property. 
 (34) “Permitted Title Exceptions” means (a) Liens for Taxes not yet due and payable or for Taxes being contested in good faith in appropriate Actions; (b) easements, covenants, conditions,
restrictions, rights of way, non-monetary encumbrances and non-monetary title defects which do not, individually or in the aggregate, materially interfere with the right or ability of Seller or Purchaser to use or operate the affected property;
(c) workmen’s, repairmen’s, mechanics’, carriers’ or other similar Liens arising or incurred in the ordinary course of business for sums (i) not yet due and payable or (ii) being contested in good faith in
appropriate actions; (d) zoning, building, or similar restrictions relating to or affecting property which do not, individually or in the aggregate, materially interfere with the right or ability of Seller to use or operate the affected
property, (e) Liens affecting the interest of the owner of the land underlying any right of way or easement benefiting the JV1/JV2 Facilities; or (f) conditions which would be disclosed by a current, accurate survey or physical inspection
which, in either case, do not individually or in the aggregate materially interfere with the right or ability of Seller to use and operate the affected property in the conduct of Seller’s business. 
 (35) “Person” means any individual, corporation, partnership, limited liability company, firm, joint venture, association, joint-stock
company, trust, unincorporated organization, Governmental Authority or other entity. 
 (36) “Post-Closing Period” means any
taxable period beginning on the day immediately following Closing Date or, in the case of any tax period which commences on the Closing Date, the portion of such period beginning on the Closing Date. 
 (37) “Pre-Closing Period” means the taxable period ending on the day immediately preceding the Closing Date. 
 (38) “Purchased Assets” is defined in Section 1.1. 
 (39) “Purchase Price” is defined in Section 2.1. 
 (40) “Purchaser”
is defined in the Preamble. 
 (41) “Release” means any release, threatened release, spill, emission, leaking, dumping,
injection, pouring, deposit, disposal, discharge, dispersal, leaching or migration into or through the environment. 
 (42)
“Representatives” means officers, directors, employees, managers, agents, attorneys, accountants, advisors and representatives. 
 (43) “Seller” is defined in the Preamble. 
 (44) “Seller’s Account” is defined in
Section 2.1. 
  

 A-4 

 (45) “Seller’s Disclosure Schedule” means a schedule attached hereto and delivered
to Purchaser which sets forth exceptions to the representations and warranties contained in Article 3 of this Agreement. 
 (46)
“Tangible Assets” is defined in Section 1.1(a). 
 (47) “Tax” (and, with correlative meaning,
“Taxes” and “Taxable”) means any net income, alternative or add-on minimum tax, gross income, gross receipts, sales, use, ad valorem, transfer, franchise, profits, license, withholding, payroll, employment, excise, severance,
stamp, occupation, premium, property, environmental or windfall profit tax, custom, duty or other tax, governmental fee or other assessment or charge of any kind whatsoever, together with any interest or any penalty, addition to tax or additional
amount and any interest on such penalty, addition to tax or additional amount, imposed by any Tax Authority. 
 (48) “Tax
Authority” means Governmental Authority responsible for the imposition, assessment or collection of any Tax (domestic or foreign). 
 (49) “Tax Return” shall mean any return, statement, declaration, notice, certificate or other document that is or has been filed with or submitted to, or required to be filed with or submitted to, any Governmental Authority
in connection with the determination, assessment, collection or payment of any Tax or in connection with the administration, implementation or enforcement of or compliance with any Law related to any Tax. 
 (50) “Transaction” shall mean, collectively, the transactions contemplated by this Agreement. 
 (51) “Transaction Agreements” shall mean this Agreement and all other agreements, certificates and instruments executed or contemplated
to be executed by Purchaser and/or Seller in connection with the Transaction, including the Ancillary Agreements. 
 (52) “Transfer
Taxes” means all federal, state, local or foreign sales, use, transfer, real property transfer, mortgage recording, stamp duty, value-added or similar Taxes that may be imposed in connection with the transfer of Purchased Assets or
assumption of Assumed Liabilities, together with any interest, additions to Tax or penalties with respect thereto and any interest in respect of such additions to Tax or penalties. 
  

 A-5Master Lease Agreement, dated as of September 28, 2006

 Exhibit 10.73 
  

 MASTER LEASE AGREEMENT 
 by and between 
 SPANSION JAPAN LIMITED 
 and 
 FUJITSU LIMITED 
 September 28, 2006 
  

 MASTER LEASE AGREEMENT 
 This MASTER LEASE AGREEMENT is made as of this 28th day of September, 2006 (the “Agreement”) by and among Spansion Japan Limited, a corporation organized under the laws of Japan (“Lessor”), Spansion, Inc., a
corporation organized under the laws of the State of Delaware (“Spansion U.S.”), Spansion Technology, Inc., a corporation organized under the laws of the State of Delaware (“STI”), and Spansion LLC, a Delaware
limited liability company, solely in their capacities as guarantors of Lessor’s obligations hereunder (“Spansion LLC”, and collectively with Spansion U.S. and STI, the “Guarantors”), and Fujitsu Limited, a
corporation organized under the laws of Japan (“Lessee”). Lessor and Lessee are referred to collectively herein as the “Parties.” 
 RECITALS 
 A. Simultaneously with the execution of this Agreement, Lessee and Lessor are entering into that
certain Asset Purchase Agreement (“Asset Purchase Agreement”) dated as of September 28, 2006, pursuant to which Lessee is purchasing from Lessor, certain semiconductor fabrication facilities described therein (the
“JV1/JV2 Facilities”). 
 B. Simultaneously with the execution of this Agreement, Lessee and Lessor are also entering into
that certain Foundry Agreement (“Foundry Agreement”), dated as of September 28, 2006, pursuant to which Lessee agrees to provide certain foundry services to Lessor, and Lessor commits to purchase specified quantities of
Lessor’s products from Lessee. 
 C. Pursuant to this Agreement, Lessee desires to lease certain equipment from Lessor, and Lessor
desires to lease such equipment to Lessee, for use in the JV1/JV2 Facilities, upon the terms and conditions set forth below. 
 NOW,
THEREFORE, in consideration of the premises, representations, warranties, covenants and agreements hereinafter set forth, and for good and valuable consideration the receipt and sufficiency of which are hereby acknowledged, Lessor and Lessee hereby
agree as follows: 
 AGREEMENT 
 ARTICLE 1 
 MASTER LEASE 
 This Agreement shall be effective as of, and only as of, the closing of the transactions contemplated by the Asset Purchase Agreement (the “Effective Date”), and shall continue in effect so long as
any equipment schedule in substantially the form of Exhibit C hereto (a “Schedule”) entered into pursuant to this Agreement remains in effect. Each Schedule shall constitute a separate and distinct lease agreement
(each a “Lease”). Each Schedule that is entered into by Lessor and Lessee under this Agreement shall incorporate all of the terms and conditions of this Agreement and shall contain such additional terms and conditions as Lessor and
Lessee shall agree upon in writing. Each Schedule shall be independently enforceable according to its terms without regard to any other 
  

 1 

 Schedule. Lessor agrees to lease to Lessee and Lessee agrees to lease from Lessor, in accordance with the terms and
conditions of the applicable Schedule, the equipment and other items of personal property identified in each Schedule (the “Equipment”). In the event of a conflict between the terms of a particular Schedule and this Agreement, the
terms of the Schedule shall govern such Schedule. Lessor and Lessee hereby covenant and agree to execute on the Effective Date, Schedule No. 1 in the form attached hereto as Exhibit C; provided, however, that as contemplated by
Section 1.2(b) of the Asset Purchase Agreement, in the circumstances set forth therein, items of Equipment deleted from the schedule of purchased assets under the Asset Purchase Agreement shall be added to the equipment list attached to
Schedule No. 1 hereto and a substantially similar item listed on the equipment list to Schedule No. 1 hereto shall be deleted from such equipment list and added to equipment schedule to the Asset Purchase Agreement. The Monthly Rental
provided for in Article 3 shall be appropriately adjusted to reflect any such deletions and additions, based on any differences in the Japan GAAP book depreciation amount of the applicable equipment. The Parties further agree that with
respect to the GE Equipment (listed in Part B of Exhibit 1 to Exhibit C hereto), Lessee agrees to use commercially reasonable efforts, between the date hereof and the Effective Date, to assist Lessor in refinancing the GE
Equipment as promptly as reasonably practicable upon terms reasonably acceptable to the Parties; provided, however, that in any event, Lessor shall either purchase the GE Equipment or lease (as lessee) the GE Equipment with the right to
sublease to Lessee, such that Lessee shall have the right to lease the GE Equipment under Schedule No.1 for a Monthly Rental amount equal to the Japan GAAP depreciation amount. 
 ARTICLE 2 
 TERM 
 The initial term (“Initial Term”) of each Schedule will begin on the date designated as the commencement date (the “Commencement
Date”) on the Certificate of Acceptance as executed and issued by Lessee in the form of Exhibit A attached hereto with respect to the Equipment subject to such Schedule. Lessee shall not be liable for Monthly Rental or any
other rent for any period prior to the Commencement Date. The Initial Term shall continue for the number of months specified in the applicable Schedule unless otherwise terminated in accordance with the terms of the Schedule or this Agreement (each
such termination a “Termination”). Lessee will return the Certificate of Acceptance to Lessor within ten (10) business days following the later of (i) the execution of the applicable Schedule or (ii) the date on which
Lessee accepts the Equipment. Lessor agrees to deliver written notice to Lessee not less than ninety (90) days prior to the expiration of any Schedule to confirm such expiration. Such notice shall set forth all options available to Lessee under
such Schedule upon expiration. Lessor’s failure to issue such notice to Lessee in writing shall not release Lessee from any of its obligations hereunder or under any Schedule. Lessee shall have the right to terminate any Schedule at its
expiration pursuant to Section 15.4 of this Agreement or any Schedule hereto, or to exercise any other option or termination right afforded Lessee pursuant to any other provision of this Agreement or any Schedule hereto. 
 ARTICLE 3 
 RENTAL PAYMENT

 3.1 Rental. Rent payable under each Schedule shall be in the amount set forth in the applicable Schedule and shall be due and
payable by Lessee to Lessor in monthly installments (“Monthly Rental”) as set forth on such Schedule at the address set forth on the signature page 
  

 2 

 hereof or as otherwise provided in such Schedule. Except as otherwise provided herein, Lessee agrees that its obligations
to pay Monthly Rental and other sums due under a Schedule shall be absolute and unconditional and shall not terminate, nor shall the respective obligations of Lessor or Lessee be affected, by reason of any defect in or damage to, or any loss or
destruction of the Equipment other than as specifically set forth herein. Nothing contained herein, however, shall preclude Lessee or Lessor from otherwise enforcing any and all other rights it may have against the other party under a Schedule or
otherwise in a separate action at law or in equity. Notwithstanding the foregoing, Lessee may exercise any right of abatement, reduction, setoff, counterclaim or defense against Lessor arising in connection with this Agreement, the Asset Purchase
Agreement or the Foundry Agreement. Without limitation of the foregoing, if any Determined Amounts (defined below) are owing to Lessee from Lessor, Spansion U.S., or any affiliate thereof under the Asset Purchase Agreement or the Foundry Agreement,
Lessee may set off such Determined Amounts against any Monthly Rental or other amounts owing from Lessee to Lessor under this Agreement. “Determined Amount” means an amount owing, after expiration of any applicable grace period for
payment and the provision of any required notice, pursuant to a binding settlement or a final judgment that is nonappealable or is not appealed within the time allowed for appeal. 
 3.2 Invoicing. Unless otherwise notified by Lessee, Lessor agrees to invoice Lessee for Monthly Rental due under each Schedule at least thirty
(30) days in advance of the due date; provided, however, that receipt (or lack of receipt) of an invoice shall not affect Lessee’s obligation to timely pay Monthly Rental and other sums due as set forth in such Schedule. 

ARTICLE 4 
 WARRANTIES AND
DISCLAIMER OF WARRANTIES 
 Lessor hereby warrants and covenants to Lessee that so long as no Event of Default (as defined in Article
10 herein) has occurred and is continuing under the Schedule, Lessee shall have the absolute and unconditional right of quiet enjoyment and peaceful possession of the Equipment free from disturbance by Lessor or its agents, employees, successors
or assigns or by anyone claiming through or under Lessor. Lessor further warrants and covenants to Lessee that Lessor holds good and marketable title to the Equipment. Lessor further warrants that, as of the Commencement Date, (a) the Equipment
is in good operating condition and repair, subject only to ordinary wear and tear, except where the failure to be in such condition would not have, or would not be reasonably expected to have, a Material Adverse Effect (defined below), (b) to
the knowledge of Lessor, the current use and operation of the Equipment are in compliance in all material respects with all applicable laws, and (c) Lessor has not received any notice of material non-compliance with any applicable laws with
respect to the possession or operation of the Equipment. “Material Adverse Effect” means any change or changes or effect or effects (including work stoppages) that individually or in the aggregate are or may reasonably be expected
to be materially adverse to the Equipment or the ownership, possession or use thereof or to Lessee’s ability to operate the JV1/JV2 Facilities or the Equipment and perform the Assigned Leases (as defined in the Asset Purchase Agreement) and the
Assigned Contracts (as defined in the Asset Purchase Agreement) in substantially the same manner as operated and performed by Lessor as of the date of this Agreement (excluding any changes in the ordinary course of business) or as of the Effective
Date. Lessor hereby transfers and assigns to Lessee during the term of the Schedule all of its right, title and interest in and to any warranties or indemnifications regarding the Equipment by the vendor or manufacturer of the Equipment, if any, to
the extent the same are assignable. To the extent they are not assignable, Lessor hereby appoints Lessee as its agent solely for the purposes of asserting from time to time in 
  

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 the name of Lessor, but for the benefit of Lessee, at Lessee’s expense, any such warranty or indemnification and
Lessor shall assert such rights upon the request of Lessee and in the manner requested by Lessee. Except for (i) the warranties set forth above and (ii) any implied or express warranties made by such Lessor, LESSEE LEASES THE EQUIPMENT AS
IS AND LESSOR MAKES NO OTHER WARRANTY, EXPRESS OR IMPLIED, AS TO ANY MATTER, INCLUDING, WITHOUT LIMITATION, THE DESIGN OR CONDITION OF THE EQUIPMENT, ITS MERCHANTABILITY OR ITS FITNESS OR CAPACITY OR DURABILITY FOR ANY PARTICULAR PURPOSE, OR
OTHERWISE IN ANY RESPECT. Without limiting the foregoing, Lessor shall not be liable to Lessee for any liability, third party claim, or damage of any kind (including strict liability in tort) caused directly or indirectly by the Equipment, any
inadequacy thereof for any purpose, any deficiency or defect therein, or the use or maintenance thereof except for any damage caused by the intentional acts or negligence of Lessor or its agents or employees. 
 ARTICLE 5 
 USE, MAINTENANCE, AND
LOCATION 
 5.1 Use and Maintenance. Lessee shall, at its sole expense, during the term of the Schedule, maintain the Equipment in
good operating condition and repair, ordinary wear and tear excepted. Lessee covenants and agrees that all Equipment shall be and remain personal property; provided, however, that if the Equipment is deemed to constitute a fixture to real
property, Lessee shall promptly secure a release, subordination, or termination, of any lien or encumbrance on the Equipment by a party claiming such lien or encumbrance by or through Lessee; provided further, however, that Lessee shall have
no such obligation with respect to any liens or encumbrances placed thereon by or through Lessor, its assigns, or successors in interest. 
 5.2 Location. The Equipment shall remain at the JV1/JV2 Facilities at all times during the Initial Term. 
 5.3
Inspection. So long as it does not interfere with Lessee’s normal operations and business, Lessee shall at all times during the term of the Schedule, make the Equipment and such personnel as are reasonably necessary, available, on
reasonable prior notice, for inspection by Lessor or its representatives to ensure that the terms of the Schedule are being complied with or to demonstrate to any third party the operation of the Equipment, subject to Lessee’s usual visitor
protocol, including the execution of a nondisclosure agreement satisfactory to Lessee. 
 ARTICLE 6 
 TAXES 
 Subject to the terms of this
Section, each Party covenants and agrees to pay when due or indemnify and reimburse the other Party for any taxes which such Party is obligated by law to pay, including, without limitation, any taxes on, or measured by, the net gross income, items
of tax preference or minimum tax, capital, franchise, net worth, conduct of business or other similarly-based taxes of such Party; provided, however, that notwithstanding the foregoing (a) Lessor shall pay the Japan fixed asset tax to
the appropriate government authority, but Lessor may invoice Lessee for the amount of any such Japan fixed asset tax so paid by adding such amount to the invoice for Monthly Rental, and Lessee shall pay such amount to Lessor along with such Monthly
Rental, and (ii) Lessee shall pay the Japan consumption tax. Unless Lessor and Lessee otherwise agree in 
  

 4 

 writing, each Party shall file all tax returns with respect to the Equipment that such Party is required by law to file,
and shall pay all taxes thereon to the appropriate taxing authority when due; provided, however, that Lessee shall file the required tax return with respect to the consumption tax on the Monthly Rental. Lessor shall provide Lessee with copies
of the applicable fixed asset tax returns upon Lessee’s request and shall deliver to Lessee documentation showing that Lessor has paid such taxes to the appropriate taxing authority, no later than ninety (90) days after the earlier of:
(i) the date on which such taxes were first due to the taxing authority or (ii) the date on which Lessor paid such taxes to the taxing authority. Lessee shall not be liable for any penalties, interest or late fees on such taxes incurred as
a result of Lessor’s failure to comply with its obligations under this Section and Lessor shall promptly arrange for release of any liens attached to the Equipment as a result thereof. Lessee shall have the right, in its sole discretion, but
not the obligation, to cure any default by Lessor in the payment of taxes hereunder; provided, however, that Lessor shall reimburse Lessee on demand for any such taxes and any penalties, interest or late fees incurred as a result of
Lessor’s failure to comply with its obligations under this Section together with interest on such amounts accruing at a rate of prime (as quoted from time to time in the Wall Street Journal) plus 2% per annum compounded monthly;
provided further, however, that Lessee may offset any such amounts owing from Lessor against any amounts owing from Lessee to Lessor. 
 ARTICLE 7 
 LOSS OF OR DAMAGE TO EQUIPMENT 
 During the term of the Schedule and until the Equipment either: (A) is made accessible to Lessor or placed in a bonded storage facility in
accordance with Section 13.1 herein or (B) is stored on Lessee’s premises after an Early Termination as contemplated by Section 14.1(c), Lessee shall assume and bear the entire risk of loss of and/or damage to the
Equipment from any and every cause whatsoever except (A) loss or damage caused by the negligence or intentional acts of Lessor or Lessor’s agents or employees, or (B) any cause that is not covered by Lessee’s insurance coverage
as required to be maintained by Article 8 (collectively, a “Covered Loss”). In the event that any or all of the Equipment is lost, destroyed, stolen or damaged due to a Covered Loss (each, an “Event of Loss”)
during the term of the Schedule, Lessee shall repair such Equipment or replace such Equipment with equipment (a) manufactured by the same company as the Equipment to be replaced, and (b) of equal or greater value, capacity, and capability
as the Equipment to be replaced (“Replacement Equipment”), which shall become subject to the Schedule all at Lessee’s expense. Any Replacement Equipment shall be transferred to Lessor by Lessee free and clear of all liens and
encumbrances except for any liens or encumbrances created by or through Lessor, Lessor’s permitted assignees or otherwise in connection with this Agreement or any applicable Schedule. If Lessee shall have repaired or replaced such Equipment,
Lessee shall be entitled to the proceeds of any claim or right of recovery against any person, firm or corporation liable for such Event of Loss. Lessor shall execute and deliver from time to time such instruments and do such other things as may be
necessary to more fully vest in Lessee such proceeds or to effect such assignment, all at Lessee’s cost and expense. To the extent that an Event of Loss is not the result of a Covered Loss, Lessor shall assume and bear the risk of loss of
and/or damage to the Equipment due to such Event of Loss. 
  

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 ARTICLE 8 
 INSURANCE 
 During the term of the Schedule and until either (A) the Equipment is made
accessible to Lessor or placed in a bonded storage facility in accordance with Section 13.1 herein or (B) the Equipment is stored on Lessee’s premises after an Early Termination as contemplated by Section 14.1(c),
Lessee shall, at Lessee’s expense, cause to be carried and maintained with respect to the Equipment casualty insurance in amounts not less than the full replacement cost of the Equipment. Lessee may fulfill the requirement to insure the
Equipment by self-insuring under an active and prudently managed program of deductible loss provisions and/or self insurance programs as are normally utilized by Lessee for its own or other leased equipment. In no event shall Lessee be obligated to
maintain insurance coverage that goes beyond or is broader than Lessor’s insurance coverage as of the date of this Agreement, but must obtain and maintain coverage as set forth above that is at least as broad as Lessor’s insurance coverage
as of the date of this Agreement. 
 ARTICLE 9 
 INDEMNITY 
 9.1 Lessee. Subject to the limitations set forth in the Asset Purchase Agreement,
Lessee does hereby indemnify and shall hold Lessor harmless from and against any and all claims, costs, expenses, damages, and actions, including reasonable attorney’s fees, arising out of any action against Lessor by any third-party resulting
from the negligence or willful misconduct of Lessee or its agents or its assigns relating to this Agreement, the Equipment, or Lessee’s conduct under this Agreement (unless such assigns agree to separately indemnify Lessor for same).
Notwithstanding the foregoing, Lessee shall not be responsible to Lessor for any amount or claim to the extent that the same arises: (i) out of the negligence or willful misconduct of Lessor, (ii) after the Equipment is placed in a bonded
storage facility in accordance with Section 13.1 herein, or (iii) more than thirty (30) days after, or, in the case of termination resulting from an Event of Default, more than ninety (90) days after, either (A) the
Equipment is made accessible to Lessor in accordance with Section 13.1 herein or (B) the Equipment is stored on Lessee’s premises after an Early Termination as contemplated by Section 14.1(c). 
 9.2 Lessor. Subject to the limitations set forth in the Asset Purchase Agreement, Lessor does hereby indemnify and shall hold Lessee harmless
against all liabilities, claims, costs, expenses, and damages, including reasonable attorney’s fees, arising from any action against Lessee by any third-party resulting from the negligence or willful misconduct of Lessor or its agents or its
assigns relating to this Agreement, the Equipment, or Lessor’s conduct under this Agreement (unless such assigns agree to separately indemnify Lessee for same). Notwithstanding the foregoing, Lessor shall not be responsible to Lessee for any
amount or claim to the extent that the same arises out of the negligence or willful misconduct of Lessee. 
 9.3 Defense of Third-Party
Claims. In the event of the assertion or commencement by any person of any action (whether against Lessee, Lessor or any other person) with respect to which a party hereto is obligated hereunder to indemnify, hold harmless, compensate or
reimburse any person pursuant to this Section 9, the party to be indemnified (the “Indemnified Party”) shall reasonably promptly, but in any event within fifteen (15) days following the Indemnified Party’s
actual knowledge thereof, notify the person providing the indemnification hereunder (the 
  

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 “Indemnifying Party”) of such action by providing notice to the Indemnifying Party; provided,
however, the failure to give such notice shall not affect the obligations of the Indemnifying Party hereunder except to the extent the Indemnifying Party was materially prejudiced thereby. The Indemnifying Party shall have the right, at its
election, to assume the defense of such action at its sole expense. In the absence of any such election, the Indemnified Party may proceed with the defense of such action, and the Indemnifying Party shall bear and pay all costs and expenses
(including reasonable attorneys’ fees and costs) in connection with the Indemnified Party’s defense of any such action (whether or not incurred by the Indemnified Party). 
 (a) If the Indemnifying Party assumes the defense of any such action as provided for above: 
 (i) the Indemnifying Party shall proceed to defend such action in a diligent manner with counsel reasonably satisfactory to the Indemnified Party;

 (ii) the Indemnifying Party shall keep the Indemnified Party reasonably informed of all material developments and events relating to such
action; 
 (iii) the Indemnified Party shall make available to the Indemnifying Party any documents and materials in the possession or
control of the Indemnified Party that may be necessary to the defense of such action; 
 (iv) the Indemnified Party shall have the right to
participate in the defense of such action at its own expense; and 
 (v) unless the settlement involves solely cash payments, the
Indemnifying Party shall not settle, adjust or compromise such action without the prior written consent of the Indemnified Party, which consent shall not be unreasonably withheld or delayed. 
 (b) If the Indemnified Party proceeds with the defense of any such action: 
 (i) all expenses reasonably incurred by or on behalf of the Indemnified Party and relating to the defense of such action shall be borne and paid exclusively by the Indemnifying Party; 
 (ii) the Indemnifying Party shall make available to the Indemnified Party any documents and materials in the possession or control of the Indemnifying
Party that may be necessary to the defense of such action; 
 (iii) the Indemnified Party shall keep the Indemnifying Party reasonably
informed of all material developments and events relating to such action; and 
 (iv) the Indemnified Party shall not settle, adjust or
compromise such Action without the prior written consent of the Indemnifying Party, which consent shall not be unreasonably withheld. 
 (c)
NOTWITHSTANDING ANYTHING TO THE CONTRARY IN THIS AGREEMENT OR ANY SCHEDULE, NO PARTY SHALL BE LIABLE FOR ANY PUNITIVE, EXEMPLARY, INCIDENTAL OR CONSEQUENTIAL DAMAGES OF ANY NATURE WHATSOEVER, FOR ANY REASON WHATSOEVER, IN CONNECTION WITH THIS
AGREEMENT OR ANY SCHEDULE. 
  

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 9.4 Insurance Proceeds. To the extent any claim is covered by insurance held by the Indemnified
Party, such Indemnified Party shall be entitled to indemnification pursuant to this Article 9 only with respect to the amount of damages that are in excess of the cash proceeds received by such Indemnified Party pursuant to such insurance. If
such Indemnified Party receives such cash insurance proceeds prior to the time such claim is paid, then the amount payable by the Indemnifying Party pursuant to such claim shall be reduced by the amount of such insurance proceeds covering the claim.
If such Indemnified Party receives such cash insurance proceeds after such claim is paid, then upon receipt by the Indemnified Party of any cash proceeds of such insurance with respect to such claim, such Indemnified Party shall repay any portion of
such amount which was previously paid by the Indemnifying Party to the Indemnified Party in satisfaction of such claim. 
 ARTICLE 10

 DEFAULT 
 During the
term of any Schedule, the occurrence of any of the following events shall constitute an “Event of Default” with respect to such Schedule: (i) Lessee fails to pay Monthly Rental or other sums due thereunder within ten
(10) days after Lessee has received written notice from Lessor that the payment is past due; (ii) Lessee fails to perform or observe in any material respect, any other term or condition of this Agreement or the applicable Schedule, and
such failure shall continue for thirty (30) days after Lessee’s receipt of written notice thereof from Lessor; (iii) Lessee makes a representation or warranty in this Agreement or in a Schedule that is incorrect in any material
respect when made; (iv) Lessee ceases doing business as a going concern, makes an assignment for the benefit of creditors, files a voluntary petition in bankruptcy, is adjudicated a bankrupt or an insolvent, files a petition seeking for itself
any reorganization, civil rehabilitation, liquidation, dissolution, moratorium or similar arrangement under Japanese Corporate Reorganization Law or Civil Rehabilitation Law or any similar federal or state statute, law or regulation, or files an
answer admitting the material allegations of a petition in such regard or consents to or acquiesces in the appointment of a receiver, administrator, liquidator or trustee of all or any substantial part of its assets or properties; (v) any
involuntary petition is filed against Lessee seeking any reorganization, civil rehabilitation, liquidation, dissolution, moratorium, or similar arrangement under Japanese Corporate Reorganization Law or Civil Rehabilitation Law or any similar
federal or state statute, law or regulation for the relief of, or relating to debtors which is not stayed or dismissed within ninety (90) days thereafter, or any receiver, administrator, liquidator or trustee is appointed, without Lessee’s
consent, to take possession of any substantial portion of the properties of Lessee, unless such appointment is set aside or ceases to be in effect within ninety (90) days from the date of said filing or appointment; or (vi) Lessee fails to
maintain the insurance in the amounts, covering the risks, and with the insurers required under Article 8 hereof. 
  

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 ARTICLE 11 
 REMEDIES 
 Upon the occurrence and during the continuance of an Event of Default with respect to a
particular Schedule, Lessor shall have the right, in its sole discretion, to exercise any one or more of the following remedies: 
 (i)
declare the applicable Schedule to be in default; 
 (ii) terminate the applicable Schedule; 
 (iii) recover from Lessee all Monthly Rental then due and owing under the applicable Schedule and all future Monthly Rental to be paid under the
Schedule; provided, however, that notwithstanding anything in this Agreement or any Schedule to the contrary, in no event shall Lessee be required to pay any deinstallation costs with respect to the Equipment; 
 (iv) request that Lessee Return, and Lessee shall Return in accordance with Article 13, all Equipment under such Schedule to Lessor; provided,
that if Lessee fails to Return all Equipment within 30 (thirty) business days of Lessor’s request, Lessee shall have the obligation to pay Lessor a sum of cash equal to the Fair Market Value (defined below) of any Equipment not returned to
Lessor, in lieu of return of the Equipment; 
 (iv) peaceably take possession of any or all of the Equipment leased under the applicable
Schedule wherever located without demand or notice, without any court order or other process of law; 
 (v) proceed by court action to
recover damages and reasonable and actual expenses incurred by Lessor by reason of the applicable Event of Default; and 
 (vi) exercise any
other right or remedy available to Lessor at law or in equity. 
 The prevailing party in any legal action resulting from an Event of Default shall be
entitled to collect the reasonable legal fees, costs and expenses actually incurred by such party as a direct result of such Event of Default from the unsuccessful party upon final adjudication of the matter by a court of competent jurisdiction.

 ARTICLE 12 
 TITLE AND
ASSIGNMENT 
 12.1 Title. Nothing contained in the Lease shall convey to Lessee any title or interest in the Equipment other than
as a Lessee. Lessee authorizes Lessor to cause this Agreement or any Schedule, or notice thereof, to be filed in appropriate jurisdictions to protect Lessor’s interest; provided, however, that Lessor shall provide Lessee with a copy of
any proposed notice prior to filing. Following termination of any Schedule, Lessor shall promptly terminate any such filings and provide Lessee with evidence of the same within thirty (30) days after the termination of the Schedule. Lessee
shall promptly secure a release of, or terminate, any lien or encumbrance on the 
  

 9 

 Equipment by a party claiming such lien or encumbrance by or through Lessee; provided, however, Lessee shall have
no such obligation with respect to any liens or encumbrances placed thereon by or through Lessor, its assigns, or successors in interest. 
 12.2 Lessor’s Restriction on Assignment. Lessor agrees not to sell and/or assign its interest in this Agreement, a Schedule or any Equipment (other than in a Permitted Pre-Sale of Equipment) without the prior written consent of
Lessee (which may be withheld in Lessee’s sole discretion). In any event, Lessor shall not sell or assign its interest in this Agreement, a Schedule or any Equipment (other than in a Permitted Pre-Sale of Equipment) to (a) a partnership or
other entity which is formed for the primary purpose of investing in equipment leasing transactions and sold in a public offering to individuals or other entities or (b) an entity whose primary business competes with the primary business of
Lessee. In connection with any assignment or sale requiring payment of Monthly Rental directly to the assignee or transferee (“Assignee”), Lessor shall provide Lessee with: (i) Assignee’s internal tracking number or
identification of the assigned Schedule, (ii) as applicable, Assignee’s federal taxpayer identification number and identification number for Japanese tax purposes, and (iii) all such other and further information requested by Lessee
reasonably necessary to ensure the Monthly Rental payments are timely paid and accurately applied to the assigned Schedule. 
 12.3
Assignment. In the event Lessee consents to an assignment or sale pursuant to the foregoing Section 12.2, Lessee shall, if requested, acknowledge such consent in writing, and pay Monthly Rental and other sums payable under the
Lease to Assignee as directed; provided, however, that Lessee’s obligation, with respect to Assignee, shall be subject to any abatement, reduction, setoff, counterclaim or defense which Lessee may have against Lessor, and the written
acknowledgement will include a reservation to that effect. An assignment or sale will not relieve Lessor of any of its obligations under the Lease, and Lessee will retain the right to proceed against Lessor directly notwithstanding a sale or
assignment of the Schedule or the Equipment. Lessor shall provide in any such assignment of a Schedule that the Assignee shall covenant to Lessee that so long as no Event of Default has occurred and is ongoing, Lessee shall have the right of quiet
and peaceable enjoyment of the Equipment. For any such assignment or sale, Lessor shall provide Lessee with a written certification of the foregoing executed by both Lessor and Assignee. 
 12.4 Assignment by Lessee. Lessee may not assign any of its rights and obligations under this Agreement to any other party, except for any of its
majority-owned subsidiaries; provided, however, that no such assignment shall relieve Lessee of its obligations hereunder. This Agreement shall inure to the benefit of and be binding upon the Parties’ permitted successors and assignees.

 ARTICLE 13 
 EQUIPMENT
RETURN 
 13.1 Return. In the event that either Lessee or Lessor elects to terminate a Schedule prior to its expiration pursuant
to Article 14 or upon its expiration pursuant to Section 15.4, and if Lessee does not elect to purchase the Equipment, then Lessee shall make the Equipment accessible to Lessor at the JV1/JV2 Facilities (the “Return
Location”). Lessor shall, at Lessor’s expense, deinstall, pack and remove the Equipment by use of Lessor’s freight carrier. If Lessor does not remove the Equipment within ninety (90) days, then Lessee may have the Equipment
removed to a bonded warehouse or any other warehouse at Lessor’s expense. Such providing of access to Lessor (“Return”) shall constitute fulfillment of Lessee’s obligation to return the Equipment and Lessee shall have no
further obligation with respect to the Equipment (other than with respect to accrued 
  

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 Monthly Rental as of the date of return, the required Equipment return condition under Article 13, and any
indemnity obligations under Article 9). Lessee shall return the Equipment in the condition in which it is required to be maintained pursuant to Section 5.1 hereof, subject to Lessor complying with its obligations under
Section 14.1(c) from the date that Lessee makes the Equipment accessible to Lessor, including Lessor (i) agreeing to pay on demand the cost of maintaining such Equipment on Lessee’s premises as reasonably determined by Lessee,
including, without limitation, the cost of maintaining a clean room environment to keep the Equipment in the appropriate condition; provided, however, that Lessee shall not charge Lessor for the cost of maintaining a clean room environment
for the first thirty (30) days after Return of the Equipment unless, but for the fact that Lessor has not removed the Equipment, Lessee would be able to shut down either JV1 or JV2 and would have shut down either JV1 or JV2, and
(ii) assuming the entire risk of loss of and/or damage to the Equipment from any and every cause whatsoever, including the obligation to maintain insurance. Lessor shall inspect the Equipment following its return and notify Lessee of any claims
Lessor may have with respect to the condition of the Equipment, any missing Equipment, or any other deficiency within thirty (30) days following its return. Lessor shall include in such notice a detailed description of any damage to the
Equipment. If Lessor fails to deliver written notice to Lessee in accordance with the foregoing sentence, Lessee shall have no further liability with respect to the condition of the Equipment, any missing Equipment, or any other deficiency with
respect to the Equipment. If Lessor has a claim relating to the condition of the Equipment or some other deficiency, Lessee may, in its sole discretion, elect to purchase (unless such Equipment has been subject to a Permitted Pre-Sale) the affected
Equipment pursuant to Section 15.2 or repair the damage to the Equipment. If Lessee fails to return some or all of the Equipment subject to a Schedule in accordance with this Section 13.1, then Lessee shall pay the reduced
Monthly Rental calculated in accordance with Section 15.4 prorated to the date such Equipment is returned or purchased under Section 15.2, or, in the case of a partial failure to return Equipment, a pro rata portion thereof
based upon the percentage of Equipment (in terms of original Equipment Cost) that Lessee fails to return. 
 13.2 Substitution.
Notwithstanding the foregoing, Lessee may, in lieu of returning Equipment subject to the Schedule, return other equipment (“Substitution Equipment”), on a unit for unit basis, provided such Substitution Equipment: (i) is in
good operating condition and repair, (ii) is manufactured by the same company as the Equipment to be returned, (iii) is of equal or greater value, capacity and capability as the Equipment to be returned, and (iv) title can be conveyed
to Lessor free and clear of all liens, claims, and encumbrances. 
 ARTICLE 14 
 LESSOR’S AND LESSEE’S OPTIONS DURING THE SCHEDULE 
 14.1 Early
Termination Option. 
 (a) Lessor and Lessee Options Contemplated by Foundry Agreement Section 2.6.5. Subject to
Section 2.6.2 and 2.6.3 of the Foundry Agreement, if (A) the projected combined demand for wafers by Lessor and Lessee as set forth in the Subsequent Period Wafer Demand Plan (as defined in the Foundry Agreement) is less than
30,000 wafers per month for the Subsequent Period (as defined in the Foundry Agreement) or (B) the actual agreed upon Subsequent Period Commitment (as defined in the Foundry Agreement) together with Lessee’s projected demand is less than
30,000 wafers per month for the Subsequent Period, then each of Lessor and Lessee shall have a right, in accordance with the terms of this Agreement, to terminate any Schedule for some or all of the leased equipment effective June 30, 2008, by
giving notice to the other party prior to December 
  

 11 

 31, 2007 (an “Early Termination”); provided, however, that (a) in the event of a partial
lease termination by either party, Lessee may select the specific equipment as to which the Schedule will be terminated, subject to Lessor’s consent, not to be unreasonably withheld or delayed and (b) the manufacturing capacity of the
JV1/JV2 Facilities during the Subsequent Period, including, without limitation, during calendar year 2009, may be limited to 30,000 unsorted wafers per month in total for the combined Lessor and Lessee demand. 
 (b) Lessee Option Contemplated by Foundry Agreement Section 2.6.6. Further in the event of an Early Termination, it is understood and agreed
that Lessee may at any time, with at least one hundred eighty (180) days prior written notice to Lessor, terminate any Schedule with respect to any Equipment that Lessee reasonably determines is no longer required (together with any Early
Termination, an “Early Lease Termination”). 
 (c) Monthly Rental; Return of Equipment. Upon any such Early Lease
Termination, Lessee agrees to pay Lessor all Monthly Rental accrued and payable under the Schedule with respect to the applicable Equipment prorated to the date of Early Lease Termination. Upon Return of such Equipment pursuant to Article 13,
Lessee shall have no other or further liability to Lessor with respect to such Equipment (other than with respect to accrued Monthly Rental as of the date of return, the required Equipment return condition under Article 13, and any indemnity
obligations under Article 9), and, in the event the Early Lease Termination relates to less than all Equipment leased under the applicable Schedule, the Monthly Rental payable by Lessee under such Schedule shall be prorated based upon the
Equipment Cost allocable to the Equipment being retained under such Schedule. Upon any Early Lease Termination or any other permitted early termination of a Schedule, Lessor may request Lessee’s consent, which Lessee may give or withhold in its
sole discretion, to leave the Equipment on Lessee’s premise up to a date that is no later than the original scheduled Termination Date; provided, however, that if Lessee provides its consent, such consent shall be contingent upon Lessor
(i) agreeing to pay on demand the cost of maintaining such Equipment on Lessee’s premises as reasonably determined by Lessee, including, without limitation, the cost of maintaining a clean room environment to keep the Equipment in the
appropriate condition; provided, however, that Lessee shall not charge Lessor for the cost of maintaining a clean room environment for the first thirty (30) days after Return of the Equipment unless, but for the fact that Lessor has not
removed the Equipment, Lessee would be able to shut down either JV1 or JV2 and would have shut down either JV1 or JV2, and (ii) assuming the entire risk of loss of and/or damage to the Equipment from any and every cause whatsoever, including
the obligation to maintain insurance. If Lessee does not consent to the Equipment remaining on Lessee’s premises, then Lessee shall Return the Equipment and Lessor shall remove the Equipment as provided in Article 13. 
 14.2 Right of First Refusal; Option to Purchase. Upon any proposal for a Permitted Pre-Sale (defined below), Lessee shall have the option and
right (unless such Equipment has been previously sold pursuant to a Permitted Pre-Sale), in its sole discretion, to purchase any or all of the Equipment from Lessor for a purchase price equal to the highest Qualifying Offer. “Qualifying
Offer” means an offer to purchase any Equipment that (i) is received in writing from a non-affiliate of Lessor, (ii) is an arms length offer from an informed and willing buyer under no compulsion to buy, and (iii) where the
effective date of the purchase is on or about June 30, 2009. Lessor hereby covenants and agrees to provide Lessee with a copy of any Qualifying Offer promptly upon receipt thereof if Lessor determines that Lessor desires to pursue such
Qualifying Offer. Upon exercise of such option, title to such Equipment shall pass from Lessor to Lessee on the date that Lessee pays the purchase price to Lessor (the “Purchase Date”). Lessee shall pay the purchase price to Lessor
by the end of the month following the month in which the purchase price is determined and agreed to by 
  

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 Lessee and Lessor. Lessor shall provide Lessee with a Bill of Sale in the form of Exhibit B hereto
following payment on the Purchase Date. “Permitted Pre-Sale” shall mean a sale by Lessor of any or all of the Equipment under a Schedule prior to the scheduled Termination Date; provided, however, that (i) although the
Equipment may be pre-sold, unless there is an Early Lease Termination under Section 14.1 or Lessee otherwise consents in writing, the effective date of the sale shall be after June 30, 2009, and (ii) any such sale is subject to
Lessee’s right of first refusal under this Section 14.2. 
 ARTICLE 15 
 LESSEE’S OPTIONS AT THE END OF THE SCHEDULE 
 15.1 Option To Extend. Provided that no Event of Default exists under the Schedule and subject to Lessor’s Early Termination option and right to enter into a Permitted Pre-Sale, Lessee shall have the
option to renew or extend the Schedule for any or all of the Equipment at the end of the Initial Term or any extension thereof (“Extended Term”) for an Extended Term of up to six months. The Monthly Rental during any Extended Term
shall be equal to Japan GAAP book depreciation amount, or if such amount is zero, the Monthly Rental shall be an amount equal to sixty percent (60%) of the Monthly Rental payable during the then-current term. Lessee may exercise such option by
delivering written notice to Lessor of such intent not less than one hundred eighty (180) days prior to the expiration of the Initial Term or any Extended Term then in effect. 
 15.2 Option to Purchase. Provided that no Event of Default exists under the Schedule and subject to Lessor’s right to enter into a Permitted
Pre-Sale, the Lessee shall have the option to purchase any or all of the Equipment at the expiration of the Initial Term or any Extended Term, upon any Early Lease Termination, or if any Equipment is not returned in accordance with
Section 13.1, for a purchase price equal to Fair Market Value of the Equipment at such point in time or any other purchase price as set forth in the applicable Schedule. Lessee may exercise such option by delivering written notice to
Lessor of such intent (a) not less than ninety (90) days prior to (i) the expiration of the Initial Term, (ii) the expiration of any Extended Term then in effect, or (iii) any Early Lease Termination under
Section 14.1(b), as the case may be, or (b) by March 31, 2008, in the event of an Early Termination under Section 14.1(a). If Lessee exercises such option, then Lessor agrees promptly to provide Lessee with copies
of any Qualifying Offers received by Lessee within the period six months prior to Lessee’s exercise of such option, together with copies of any Qualifying Offers received thereafter. On the expiration date of the Initial Term or any Extended
Term or the time of an Early Lease Termination, if Lessee has elected to purchase the Equipment, Lessee shall purchase from Lessor, and Lessor shall sell to Lessee the Equipment on an AS IS, WHERE IS, BASIS, except that Lessor shall warrant title
and that the Equipment is free and clear of all liens and encumbrances arising by or through the Lessor, except for taxes or other impositions for which Lessee is obligated to pay under the Schedule. Title to the Equipment and risk of loss shall
pass from Lessor to Lessee on the date that Lessee pays the purchase price to Lessor (the “Purchase Option Date”). Lessee shall pay the purchase price to Lessor by the end of the month following the month in which the purchase price
is determined and agreed to by Lessee and Lessor. Lessor shall provide Lessee with a Bill of Sale in the form of Exhibit B on or promptly following the Purchase Option Date. Notwithstanding anything in this Agreement to the contrary,
if Lessee elects to purchase any or all of the Equipment, then no Monthly Rental shall accrue from the Purchase Option Date to the date upon which the purchase price is paid to Lessor. 
  

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 15.3 Fair Market Value. Fair market value (“Fair Market Value”) shall be
determined on the basis of, and shall mean the amount which would be obtainable and paid in an arms length transaction between an informed and willing buyer or lessee under no compulsion to buy or lease, as the case may be (other than a lessee
currently in possession), and an informed and willing seller or lessor under no compulsion to sell or lease, as the case may be. Lessor agrees to provide Lessee with a proposed Fair Market Value of the affected Equipment within fifteen
(15) business days of receipt of Lessee’s notice of its intent to purchase such Equipment. Lessee agrees to respond to such proposal within fifteen (15) business days. If Lessor and Lessee cannot agree upon the Fair Market Value for
the Equipment, the Fair Market Value shall be determined in accordance with the following process, to be completed within thirty (30) days of the agreement to use such process: Lessor and Lessee shall each obtain an appraisal of the Equipment
from an independent appraiser selected by such party. The average of such two (2) appraisals shall be the Fair Market Value for the Equipment. Notwithstanding the foregoing, if the two (2) appraisals vary in value by more than 15%, then
the two (2) appraisers selected by Lessor and Lessee shall select a third independent appraiser who will provide an appraisal of the Equipment. The average of the three (3) appraisals shall be the Fair Market Value of the Equipment. The
expense of such appraisals shall be borne equally by Lessor and Lessee. 
 15.4 Expiration of the Schedule; Option to Return. Subject
to Section 20.5, this Agreement and all Schedules shall terminate upon the expiration of the Initial Term or, if extended pursuant to Section 15.1, any Extended Term then in effect. 
 ARTICLE 16 
 RIGHT TO UPGRADE

 The Lessee may make alterations, improvements, or additions to and install attachments, accessories or devices on the Equipment
provided that such upgrades do not impair the originally intended function, use, or value of the Equipment and are removable without causing material damage to the Equipment (“Upgrades”). Lessor will have no interest in any Upgrade
owned by Lessee or any other party prior to the return of the Equipment to Lessor. Upon the expiration or termination of the Schedule, Lessee may remove all Upgrades at Lessee’s expense. Following such removal, Lessee shall then restore the
Equipment to its condition prior the installation of the Upgrade, reasonable wear and tear excepted. Notwithstanding the above, Lessee shall not be required to remove Upgrades which will not adversely affect the operating capability or diminish the
value of the Equipment provided that Lessee can transfer title to such Upgrades to Lessor free and clear of any third party liens or encumbrances. Upon Lessee’s return of the Equipment, title to any and all Upgrades not removed prior to the
return of the Equipment will automatically vest in Lessor, provided, however, that Lessor will no longer have interest in any Equipment or equipment components removed or replaced by such upgrades. Lessee may make alterations, improvements, or
additions to and install attachments, accessories or devices on the Equipment that are not removable without causing material damage to the Equipment (“Improvements”); provided, however, that (i) such Improvements must
be deemed by Lessee, in its reasonable discretion, to be necessary (A) to the safety or security of the Equipment or (B) to prevent the Equipment from becoming obsolete; (ii) such Improvements are classified as capital expenditures
for accounting purposes that increase the book value of the Equipment under Japan GAAP (which may in turn result in a higher Monthly Rental payment based upon the Japan GAAP book depreciation amount); and (iii) Lessor consents to such
Improvements, such consent 
  

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 not to be unreasonably withheld or delayed. Lessor hereby covenants to pay or reimburse Lessee, promptly upon demand, for
the cost of any such Improvements. Lessor shall be the owner of all such Improvements. 
 ARTICLE 17 
 SUBLEASE 
 Lessee may assign or
sublease the Equipment to any party with prior written consent of Lessor, not to be unreasonably withheld, provided that (i) such party executes a sublease or assignment agreement incorporating all of the provisions of this Agreement;
(ii) all costs associated with the sublease or assignment shall be borne by Lessee; (iii) any sublease or assignment shall be expressly made subject and subordinate to the terms of the Schedule; (iv) any sublease or assignment shall
not relieve Lessee of its obligations under the Schedule; and (v) the Equipment shall remain at the JV1/JV2 Facilities. Lessee agrees, at the request of Lessor, to assign such sublease to Lessor as collateral security for Lessee’s
continuing obligations under the Schedule. Notwithstanding the foregoing, Lessee may sublease the Equipment or assign the Schedule to a subsidiary or affiliate of Lessee without the consent of, but with notice to, Lessor, as long as Lessee
guarantees the obligations under this Agreement, any sublease, and any Schedule, as applicable. 
 ARTICLE 18 
 TAX LAW 
 Lessee and Lessor intend that
Lessor shall be entitled to the benefit of any available depreciation deductions under applicable Japan tax laws and for United States earnings and profits purposes under United States tax law (collectively, “Tax Benefits”). Lessee
promises that at no time during the term of each Schedule will Lessee (or any of its successors or permitted Assignees) intentionally take any action or fail to take any action that would result in a loss, reduction, deferral, recapture or other
unavailability to Lessor (or any consolidated group with which Lessor files tax returns) of any part of the Tax Benefits. 
 ARTICLE 19

 REPRESENTATIONS 
 Lessee represents and warrants to Lessor and any Assignee of Lessor, and Lessor and any Assignee of Lessor represents and warrants to Lessee that at the time of the execution of this Agreement and any related Schedule(s) that: (i) the
execution and performance of this Agreement and any Schedule have been duly authorized by all necessary corporate action and will not constitute a breach or default under its articles, by-laws or other similar corporate document, or any indenture,
contract or agreement by which such party is bound; (ii) no consent or approval of any trustee or holder of indebtedness or other obligation, or governmental authority is necessary for the execution or performance of the Schedule;
(iii) this Agreement and the Schedule are legal, valid, binding and enforceable against the party in accordance with their terms, subject to enforcement limitations imposed by rules of equity or by bankruptcy or similar laws; (iv) such
party is a corporation validly existing and in good standing under the laws of the 
  

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 jurisdiction of its incorporation and has adequate corporate power to enter into and perform under the Schedule; and,
(v) there are no actions, suits or proceedings pending or, to the knowledge of such party, threatened against or affecting the party in any court or before any governmental commission, board, or authority which, if adversely determined, will
have a materially adverse effect on the ability of such party to perform its obligations under the Schedule. 
 ARTICLE 20 

MISCELLANEOUS 
 20.1
Amendment. No amendment to this Agreement or any Schedule is binding unless in writing and executed by each party. 
 20.2 Entire
Agreement. This Agreement and each Schedule and any documents incorporated by reference therein set forth the entire agreement with respect to each Schedule. Neither this Agreement nor any Schedule may be modified or altered except in writing
and signed by Lessee and Lessor. 
 20.3 Headings. The captions and headings used in this Agreement are inserted for convenience only
and shall not affect the meaning or interpretation of this Agreement. 
 20.4 Waiver of Performance. No omission or delay by Lessor or
Lessee at any time to enforce any right or remedy or to require performance of any terms of any Schedule shall be construed as a waiver of any right or remedy to which Lessor or Lessee is otherwise entitled nor shall it affect the right of Lessor or
Lessee to require performance thereafter. 
 20.5 Survival of Obligations. The provisions of Article 9, 11 and 20 above
shall survive the expiration or other termination of any Schedule until all applicable statutes of limitation with respect to such Schedule have run. 
 20.6 Notices. Any notice, demand, consent, or approval (a “Notice”) which either party may desire or be required to give pursuant to this Agreement or any Schedule shall be in writing and shall
be deemed to be delivered only when: (i) personally delivered, (ii) sent by facsimile with receipt acknowledged, or (iii) delivered by any nationally recognized overnight carrier that routinely issues delivery receipts, to the
addresses and facsimile numbers set forth on the signature pages or such other address(es) or facsimile number(s) as may be set forth in the applicable Schedule. Any other communications, including without limitation, any e-mail or oral
communications, shall not constitute effective Notice pursuant to this Section 20.5. Either party may add additional addresses or facsimile numbers or change its address or facsimile number for purposes of receiving Notices by providing
the other party at least ten (10) days prior Notice of such change or addition. 
 20.7 Governing Law; Dispute Resolution. This
Agreement and any Schedule shall be governed by and construed in accordance with the laws of Japan, without regard to any principles regarding conflicts of laws that would result in the application of the laws of any other jurisdiction. If any Party
to a dispute or controversy concerning the rights, benefits or obligations set forth in this Agreement determines that a reasonable attempt at settlement has failed, binding arbitration conducted in accordance with the dispute resolution procedure
set forth in Schedule B attached to the Asset Purchase Agreement shall be the exclusive and final forum for settling any disagreement, 
  

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 dispute, controversy or claim arising out of or in any way related to this Agreement or the subject matter thereof or the
interpretation hereof or any arrangements relating hereto or contemplated herein or the breach, termination or invalidity hereof. 
 20.8
Severability. If any provision of this Agreement or any Schedule shall be deemed invalid, illegal or unenforceable in any respect, the validity of any other provision shall not be affected or impaired thereby. 
 20.9 Performance of Obligations. If Lessor or Lessee shall fail to make a payment or perform any act required under a Schedule or this Agreement,
the other party may, but shall not be obligated to, make such payment or perform such act on behalf of the non-performing party without waiving or releasing any obligation or default and the party making such payment or performing such act shall be
reimbursed by the other party. 
 20.10 Confidentiality. Each of the Parties hereby agrees to keep the terms and provisions of this
Agreement in confidence, and shall not at any time disclose or permit the disclosure to any person of (i) any of the terms and conditions of this Agreement or any Schedule, (ii) information about the Equipment leased by Lessee, or
(iii) any data disclosed by Parties to one another in connection with the installation of the Equipment or the lease of the Equipment, without, in each case, first obtaining the prior written consent of the other. Notwithstanding the foregoing,
(i) the Parties may disclose the existence of this Agreement or a Schedule and the substance of particular terms and provisions of the same to its legal counsel, accountants, brokers, lenders, engineers and other persons who have a legitimate
business purpose to have such information consistent with the terms of this Agreement or applicable Schedule, but the Parties may disclose only to the extent necessary to carry out such legitimate business purpose, and (ii) the Parties may
disclose this Agreement or Schedule terms and provisions to the extent that such disclosure is required by law or court order, but in the case of this clause (ii), the applicable Party must first provide written notice thereof to the other Party and
may then disclose only to the extent expressly required to comply with such law or court order. In addition, neither Party shall refer to or use, whether orally or in writing, the other Party’s name or proprietary trademarks or symbols (or
those of any of its subsidiaries or affiliated companies,), in any manner whatsoever in any advertisement, marketing or promotional presentations, or materials or public solicitations without such Party’s express written consent. 
 20.11 Waiver of Jury Trial. Lessor and Lessee hereby waive the right to a trial by jury in any action, counterclaim, proceeding or litigation
arising out of, under or in connection with, or related to, the subject matter of this Agreement or any Schedule. This waiver is knowingly, intentionally, and voluntarily made by Lessor and Lessee and each party acknowledges that neither the other
party nor any person acting on behalf of such other party has made any representations of fact to induce this waiver of trial by jury or in any way to modify or nullify its effect. Lessor and Lessee further acknowledge that they have been
represented (or have had the opportunity to be represented) in the negotiation and execution of this Agreement and in the making of this waiver by legal counsel, selected of their own free will, and that they have had the opportunity to discuss this
waiver with counsel. 
 20.12 Spansion Guaranties. Spansion U.S., as the sole stockholder of STI and the owner of a sixty percent
(60%) membership interest in Spansion LLC, STI, as the owner of a forty percent (40%) membership interest in Spansion LLC, and Spansion LLC, as the sole stockholder of Lessor, are parties to this Agreement solely in their capacities as
Guarantors. Spansion LLC hereby agrees to take all actions necessary to cause Lessor to comply with the terms and conditions of this Agreement. 
  

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 Spansion LLC further hereby guarantees, and shall be fully liable for, Lessor’s performance of all of Lessor’s
obligations hereunder. Spansion U.S. and STI each hereby agrees to take all actions necessary to cause Spansion LLC to comply with the terms of this Section 20.12. Spansion U.S. hereby agrees to take all actions necessary to cause STI to
comply with the terms of this Section 20.12. 
 20.13 Counterparts. This Agreement may consist of a number of counterparts
and the counterparts taken together constitute one and the same instrument. A facsimile copy of this Agreement will be as legally binding as an originally executed document delivered by other means. 
 [Remainder of page intentionally left blank.] 
  

 18 

 IN WITNESS WHEREOF, Lessee and Lessor have each caused this Agreement to be executed as of the date first
written above. 
  

			
	 “LESSOR”
  
 SPANSION JAPAN LIMITED

		
	By	 	 /s/ Kazunori Imaoka

	Name	 	Kazunori Imaoka
	Title	 	President
	
	Address for notices:
	
	 “LESSEE”
  
 FUJITSU LIMITED

		
	By	 	 /s/ Hiroaki Kurokawa

	Name	 	Hiroaki Kurokawa
	Title	 	President
	
	Address for notices:

  

 19 

			
	 For purposes of Section 20.12:
  
 “SPANSION U.S.”
  
 SPANSION INC.

		
	By	 	 /s/ Robert C. Melendres

	Name	 	Robert C. Melendres
	Title	 	 Executive Vice President and
 General
Counsel

	
	Address for notices:
	
	 “STI”
  
 SPANSION TECHNOLOGY, INC.

		
	By	 	 /s/ Robert C. Melendres

	Name	 	Robert C. Melendres
	Title	 	 Executive Vice President and
 General
Counsel

	
	 “SPANSION LLC”
  
 SPANSION LLC

		
	By	 	 /s/ Robert C. Melendres

	Name	 	Robert C. Melendres
	Title	 	 Executive Vice President and
 General
Counsel

	
	Address for notices:

  

 20

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