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General Assignment and Assumption Agreement

 

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Title:

General Assignment and Assumption Agreement

Entities:

PalmSource, Inc.

Date:

2003

Size:

6KB total

Price:

$40

ID:

#1189136

 

 

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AMENDMENT NO. 1 TO

 

GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT

 

This AMENDMENT NO. 1 TO GENERAL ASSIGNMENT AND ASSUMPTION AGREEMENT (this Amendment) between Palm, Inc., a Delaware corporation (Palm), and PalmSource, Inc., a Delaware corporation (PalmSource), is executed on June 3, 2003 and made effective as of the effective date of the Tax-Free Spin-Off (as defined below) (the Effective Date).

 

RECITALS

 

WHEREAS, Palm and its Subsidiaries have transferred to PalmSource and its Subsidiaries, effective as of the Separation Date, substantially all of the assets of the PalmSource Business in accordance with the Master Separation and Distribution Agreement made effective as of December 3, 2001 between Palm and PalmSource, as amended from time to time (the Separation Agreement).

 

WHEREAS, pursuant to the Separation Agreement, the parties previously entered into that certain General Assignment and Assumption Agreement made effective as of December 3, 2001 (the General Assignment).

 

WHEREAS, the parties desire to amend the General Assignment as set forth herein.


 

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