SEC Contract Filing

Filing Date: 2024-03-29

Document Content:
<DOCUMENT>
<TYPE>EX-10.65
<SEQUENCE>4
<FILENAME>exhibit1065-fourteenthamen.htm
<DESCRIPTION>EX-10.65
<TEXT>
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<title>Document</title></head><body><div id="id6035e90f35c4529b9369e26bae81cf1_38"></div><div style="min-height:49.68pt;width:100%"><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font><br></font></div><div style="text-align:right"><font style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:12pt;font-weight:700;line-height:100%">Exhibit 10.65</font></div></div><div style="padding-left:18.35pt;padding-right:18.35pt;text-align:center"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:100%">FOURTEENTH AMENDMENT TO THE SEMICONDUCTOR LINE OPERATION AGREEMENT</font></div><div style="padding-left:28.95pt;padding-right:7.75pt;text-align:justify"><font><br></font></div><div style="padding-left:28.95pt;padding-right:7.75pt;text-align:justify"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:100%">This FOURTEENTH AMENDMENT TO THE SEMICONDUCTOR LINE OPERATION AGREEMENT (&#8220;</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:100%">14th Amendment</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:100%">&#8221;), is effective as of December 26, 2023 (the &#8220;</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Amendment Effective Date</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:100%">&#8221;), and amends the SEMICONDUCTOR LINE OPERATION AGREEMENT dated December 23, 2012, as amended from time to time by the thirteen (13) prior amendments, the last of which was dated December 15, 2022, (the &#8220;</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Agreement</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:100%">&#8221;), by and between SkyWater Technology Foundry, Inc. (&#8220;</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:100%">SkyWater</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:100%">&#8221;) and D-Wave Systems Inc. (&#8220;</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:100%">D-Wave</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:100%">&#8221;), each a &#8220;</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Party</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:100%">&#8221; and collectively, the &#8220;</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:100%">Parties</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:100%">&#8221;.</font></div><div style="margin-top:0.35pt"><font><br></font></div><div style="padding-left:28.95pt"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:100%">WHEREAS&#58;</font></div><div style="margin-top:0.4pt"><font><br></font></div><div style="padding-left:64.55pt;text-align:justify;text-indent:-35.6pt"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:100%">1.</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:100%;padding-left:27.1pt">SkyWater provides services to D-Wave pursuant to the Agreement&#59; and</font></div><div style="margin-top:0.4pt"><font><br></font></div><div style="padding-left:64.95pt;padding-right:7.85pt;text-align:justify;text-indent:-35.65pt"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:100%">2.</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:100%;padding-left:27.15pt">The Parties now desire to modify the Agreement&#8217;s financial terms and pricing.</font></div><div style="margin-top:0.45pt"><font><br></font></div><div style="padding-left:28.95pt;text-align:justify"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:100%">NOW THEREFORE</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:100%">, in consideration of the mutual covenants contained herein and other good and valuable consideration, the Parties agree to amend the Agreement as follows&#58;</font></div><div><font><br></font></div><div style="margin-top:7.1pt;padding-left:28.85pt;padding-right:7.65pt;text-align:justify"><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:124%">a.</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:124%;padding-left:34.79pt">As of the Amendment Effective Date,</font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:700;line-height:124%"> </font><font style="color:#000000;font-family:'Calibri',sans-serif;font-size:11pt;font-weight:400;line-height:124%">the pricing in the table below applies between the Parties, and all conflicting pricing is deleted from the Agreement. </font></div><div style="margin-top:7.1pt;padding-right:7.65pt"><font style="color:#000000;font-family:'Calibri',