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Technology Stocks : Rambus (RMBS) - Eagle or Penguin -- Ignore unavailable to you. Want to Upgrade?


To: Don Green who wrote (59989)11/2/2000 6:31:19 PM
From: Daniel Schuh  Read Replies (1) | Respond to of 93625
 
Just because I posted it in the past month...

realtimefilings.nasdaq.com\1997\04\30\00\0001012870-97-000847.html

which contains the following:

9.2 Termination
(b) Rambus, at its option, may, in addition to any other remedies it may
have, terminate this Agreement on written notice to Intel if (iv) at any
time between January 15, 1997 and the Success Determination Date,
Intel communicates to any of the then current top ten (10) DRAM
manufacturers that Intel has plans to support, as the primary DRAM for
PC main memory applications for the years 2000, 2001 and 2002, any
New Interface other than the Rambus-D Interface Technology; or (v) at
any time between January 15, 1997 and the Success Determination
Date, the Intel senior member attending the quarterly Rambus/Intel
executive meeting, upon Rambus' request, does not represent to the
Rambus officers attending such meeting that the Rambus-D DRAM will
be the primary DRAM for PC main memory applications for the years
2000, 2001 and 2002.


This should be a fun one to watch unfold. The Edgar filing doesn't mention the stick in this agreement, but I'm sure there must be one, or Intel would walk away. The end of 2002 is, er, years away.

Cheers, Dan.