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To: Black-Scholes who wrote (47277)11/2/1999 12:24:00 PM
From: BillyG  Respond to of 50808
 
SECTION 5.19 DISPOSITION OF SEMICONDUCTOR BUSINESS. (from 8-K)

The Company will use
its commercially reasonable efforts to consummate the Semi Disposition and will
inform Parent promptly, and in no event later than three business days after,
material developments relating thereto. Parent will cooperate with the Company
in its efforts to consummate the Semi Disposition including by (i) providing
assistance with respect to any proxy or information statement required in
connection with the Semi Disposition and including such proxy or information
statement in the Proxy Statement and Form S-4 and (ii) cooperating in the filing
of any tax election or Tax Returns required or deemed advisable by the Company,
so long as such elections or Tax Returns do not materially adversely affect
Parent.



To: Black-Scholes who wrote (47277)11/2/1999 12:27:00 PM
From: BillyG  Respond to of 50808
 
SECTION 7.1 TERMINATION. (from 8-K -- Conditions under which the merger deal may be terminated)

Notwithstanding anything herein to the
contrary, this Agreement may be terminated and the transactions contemplated by
this Agreement may be abandoned at any time prior to the Closing Date, whether
before or after the Company and Parent have obtained stockholder approval:

(a) by the mutual written consent of the Company and Parent;

(b) by either the Company or Parent, if the Merger has not been
consummated by May 31, 2000, or such other date, if any, as the Company and
Parent shall agree upon; PROVIDED, THAT the party seeking to terminate this
Agreement pursuant to this Section 7.1(b) shall not have breached in any
material respect its obligations under this Agreement;

(c) by either the Company or Parent, if there shall be any law or
regulation that makes consummation of the transactions contemplated by this
Agreement illegal or if any judgment, injunction, order or decree enjoining
Parent or the Company from consummating the transactions contemplated by this
Agreement is entered and such judgment, injunction, order or decree shall have
become final and nonappealable;

(d) by Parent, if (i) the Board of Directors of the Company shall
have withdrawn or modified or amended in any respect adverse to Parent its
approval or recommendation of the Company Approval Matters, (ii) the Board of
Directors of the Company shall have recommended to the stockholders of the
Company any Acquisition Proposal or shall have resolved or announced an
intention to do so, or (iii) a tender offer or exchange offer for 50% or more of
the outstanding shares of the Company Common Stock is announced or commenced
and, either (A) the Board of Directors of the Company recommends acceptance of
such tender offer or exchange offer by its stockholders or (B) within ten
business days of such commencement, the Board of Directors of the Company shall
have failed to recommend against acceptance of such tender offer or exchange
offer by its stockholders;

(e) by either the Company or Parent, if (i) the approval of the
stockholders of the Company of the Company Approval Matters or (ii) the approval
of the stockholders of Parent of the Parent Approval Matters shall not have been
obtained at a duly held meeting of stockholders of the Company or Parent,
respectively, or any adjournment thereof;

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51

(f) by the Company, for the purpose of accepting a Superior
Proposal, so long as the adoption of this Agreement and the approval of the
Merger by the Company's stockholders at the Special Meeting shall not have been
obtained prior to such termination;

(g) by the Company if (i) there shall have been a breach of any
representations or warranties on the part of Parent set forth in this Agreement
or if any representations or warranties of Parent shall have become untrue, such
that the conditions set forth in Section 6.2(b) would be incapable of being
satisfied by May 31, 2000, PROVIDED that the Company has not breached any of its
obligations hereunder in any material respect; or (ii) there shall have been a
breach by Parent of any of its covenants or agreements hereunder having, in the
aggregate, a Parent Material Adverse Effect or materially adversely affecting
(or materially delaying) the ability of Parent or the Company to consummate the
Merger, and Parent has not cured such breach within thirty (30) business days
after notice by the Company thereof, PROVIDED that the Company has not breached
any of its obligations hereunder in any material respect; or

(h) by Parent if (i) there shall have been a breach of any
representations or warranties on the part of the Company or any of its
Subsidiaries set forth in this Agreement or if any representations or warranties
of the Company or any of its Subsidiaries shall have become untrue, such that
the conditions set forth in Section 6.3(b) would be incapable of being satisfied
by May 31, 2000, PROVIDED that Parent has not breached any of its obligations
hereunder in any material respect; or (ii) there shall have been a breach by the
Company or any of its Subsidiaries of one or more of its respective covenants or
agreements hereunder having, in the aggregate, a Company Material Adverse Effect
or materially adversely affecting (or materially delaying) the ability of Parent
or the Company to consummate the Merger, and the Company has not cured such
breach within thirty (30) business days after notice by Parent thereof, PROVIDED
that Parent has not breached any of its obligations hereunder in any material
respect.

The party desiring to terminate this Agreement shall give written notice
of such termination to the other party.