Restructuring Costs. Section 8.1(j) of the FA Master Agreement is hereby amended and restated in its entirety as follows: “In connection with any termination of Flash Alliance, the FA Master Agreement and/or the FA Operating Agreement: (i) the Parties shall exercise their respective reasonable best efforts to plan such termination in advance with the goal of minimizing related costs; (ii) with respect to employees of TMC and employees of WD or any of its Subsidiaries working at the Y4 Facility, (A) in the case of those that are employees of TMC, TMC shall use its reasonable best efforts to retrain or relocate such individuals to other TMC facilities, and (B) in the case of those that are employees of WD or any of its Subsidiaries, WD shall use its reasonable best efforts to retrain or relocate such individuals to other WD facilities, in each case to the maximum extent possible; (iii) Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. (iv) **** (v) ****
Appears in 1 contract
Sources: Fal Commitment and Extension Agreement (Western Digital Corp)
Restructuring Costs. Section 8.1(j) of the FA Master Agreement is hereby amended and restated in its entirety as follows: “In connection with any termination of Flash Alliance, the FA Master Agreement and/or the FA Operating Agreement:
(i) the Parties shall exercise their respective reasonable best efforts to plan such termination in advance with the goal of minimizing related costs;
(ii) with respect to employees of TMC and employees of WD or any of its Subsidiaries working at the Y4 Facility, (A) in the case of those that are employees of TMC, TMC shall use its reasonable best efforts to retrain or relocate such individuals to other TMC facilities, and (B) in the case of those that are employees of WD or any of its Subsidiaries, WD shall use its reasonable best efforts to retrain or relocate such individuals to other WD facilities, in each case to the maximum extent possible;
(iii) Indicates that certain information contained herein has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. [***]
(iv) [**** ]
(v) [****]
Appears in 1 contract
Sources: Fal Commitment and Extension Agreement (Sandisk Corp)