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     <!-- Client Name:    Conexant Systems, Inc.                                           -->
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     <TITLE>Form S-8</TITLE>
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        <TD ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>As
filed with the Securities and Exchange Commission on March 16, 2005. </FONT><BR><BR></TD></TR>
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        <TD ALIGN=RIGHT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Registration Statement
        No. 333-&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT><BR><BR></TD></TR>
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        <TD ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="4">SECURITIES AND EXCHANGE COMMISSION </FONT><BR>
        <FONT FACE="Times New Roman, Times, Serif" SIZE="3">Washington, D.C. 20549 </FONT></TD></TR>
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        <TD ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="5"><B>FORM S-8</B> </FONT><BR>
        <FONT FACE="Times New Roman, Times, Serif" SIZE="3">REGISTRATION STATEMENT UNDER <BR>
        THE SECURITIES ACT OF 1933 </FONT></TD></TR>
<TR><TD><HR ALIGN="Center" WIDTH="40%" SIZE="1" COLOR="Gray"></TD></TR>
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        <TD ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="5"><B>Conexant Systems, Inc.</B> </FONT> <BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>(Exact name of registrant as specified in its charter)</B> </FONT></TD></TR>
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<TD ALIGN=CENTER WIDTH=60%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">DELAWARE </FONT> <BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>(State or other jurisdiction of incorporation or organization)</B> </FONT> <BR>
<BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2">4000 MacArthur Boulevard, West Tower<BR>Newport Beach, California </FONT> <BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>(Address of Principal Executive Offices)</B> </FONT><BR><BR>
</TD>
<TD ALIGN=CENTER WIDTH=40%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">25-1799439 </FONT> <BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>(I.R.S. Employer Identification No.)</B> </FONT> <BR>
<BR><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2">92660-3095 </FONT> <BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>(Zip Code)</B> </FONT>
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        <TD ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="4"><B>Conexant Systems, Inc.<BR>
Paxonet Communications, Inc. 1997 Stock Option and Stock Purchase Plan </B> </FONT> <BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>(Full title of the plan)</B> </FONT> </TD></TR>
<TR><TD><HR ALIGN="Center" WIDTH="40%" SIZE="1" COLOR="Gray"></TD></TR>
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        <TD ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">DENNIS E. O'REILLY, ESQ.<BR>
Senior Vice President, Chief Legal Officer and Secretary<BR>
Conexant Systems, Inc.<BR>4000 MacArthur Boulevard, West Tower<BR>Newport Beach, California 92660-3095 </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>(Name and address of agent for service)</B> </FONT></TD></TR>
<TR><TD><HR ALIGN="Center" WIDTH="40%" SIZE="1" COLOR="Gray"></TD></TR>
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        <TD ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">(949) 483-4600 </FONT> <BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>(Telephone
number, including area code, of agent for service)</B> </FONT> </TD></TR>
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        <TD ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Copy to: </FONT><BR>
<FONT FACE="Times New Roman, Times, Serif" SIZE=2>PETER R. KOLYER, ESQ. <BR>Chadbourne &amp; Parke LLP<BR>
30 Rockefeller Plaza<BR>New York, New York 10112 <BR>(212) 408-5100 </FONT></TD></TR>
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     <TD COLSPAN="5" ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="3"><B>Calculation of Registration Fee</B> </FONT> </TD></TR>
<TR>
     <TD COLSPAN=5><HR SIZE="2" COLOR="Gray"></TD></TR>
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     <TD ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>Title of securities to be registered</B> </FONT></TD>
     <TD ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>Amount to be<BR>registered (1)</B> </FONT></TD>
     <TD ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>Proposed maximum<BR>offering price per share (2)</B> </FONT></TD>
     <TD ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>Proposed maximum aggregate<BR>offering price (2)</B> </FONT></TD>
     <TD ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="1"><B>Amount of<BR>registration fee</B> </FONT></TD></TR>
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     <TD COLSPAN=5><HR SIZE=1 COLOR="Gray"></TD></TR>
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     <TD WIDTH=32% ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Common Stock, par value $.01 per
        share (including the associated Preferred Share Purchase Rights)</FONT></TD>
     <TD WIDTH=16% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>604,825 shares</FONT></TD>
     <TD WIDTH=19% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$1.60</FONT></TD>
     <TD WIDTH=22% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$967,720</FONT></TD>
     <TD WIDTH=11% ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>$114</FONT></TD></TR>
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          <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(1)</FONT></TD>
          <TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          The shares of Common Stock set forth in the Calculation of Registration Fee
          table and which may be offered pursuant to this Registration Statement include,
          pursuant to Rule 416 under the Securities Act of 1933, as amended (the
          &#147;Securities Act&#148;), such additional number of shares of the
          Registrant&#146;s Common Stock as may be offered or issued as a result of any
          stock splits, stock dividends or similar events. </FONT></TD>
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          <TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(2)</FONT></TD>
          <TD WIDTH=95%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
          Estimated solely for purposes of calculating the registration fee pursuant to
          Rule 457(h) under the Securities Act, based upon the average of the high and low
          prices of the Registrant&#146;s Common Stock on March&nbsp;15, 2005, as
          reported on The Nasdaq Stock Market, Inc. National Market System. </FONT></TD>
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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>PART II </FONT></H1>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>INFORMATION REQUIRED
IN THE REGISTRATION STATEMENT </FONT></H1>

<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Item 3. &nbsp;&nbsp;&nbsp;<I>Incorporation of Documents
by Reference.</I> </FONT> </H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
following documents, which have been filed with the Securities and Exchange Commission
(the &#147;Commission&#148;), are incorporated herein by reference and made a part hereof: </FONT></P>
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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(a)  </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Annual
Report on Form&nbsp;10-K of Conexant Systems, Inc. (the &#147;Company&#148;) for the
year ended September&nbsp;30, 2004;  </FONT></TD>
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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(b)  </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Quarterly
Report on Form&nbsp;10-Q of the Company for the quarter ended December&nbsp;31,
2004; and  </FONT></TD>
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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(c)  </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Current
Reports on Form&nbsp;8-K of the Company filed on October&nbsp;28, 2004, November&nbsp;10,
2004, November&nbsp;15, 2004, November&nbsp;18, 2004, December&nbsp;8, 2004, December&nbsp;15,
2004, December&nbsp;22, 2004, February&nbsp;28, 2005 and March&nbsp;14, 2005; and  </FONT></TD>
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<TD WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD WIDTH=5%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>(d)  </FONT></TD>
<TD WIDTH=85%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The
description of the Company&#146;s Common Stock contained in Item&nbsp;11 of the
Company&#146;s Registration Statement on Form 10, as amended (File No.&nbsp;000-24923),
including any amendment or report filed for the purpose of updating such
description.  </FONT></TD>
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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All
documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 and
15(d) of the Securities Exchange Act of 1934, as amended (the &#147;Exchange Act&#148;),
prior to the filing of a post-effective amendment which indicates that all securities
offered hereby have been sold or which deregisters all securities then remaining unsold,
shall be deemed to be incorporated herein by reference and to be a part hereof from the
date of filing of such documents. Any statement contained in a document incorporated or
deemed to be incorporated herein by reference shall be deemed to be modified or superseded
for purposes of this registration statement to the extent that a statement contained
herein or in any other subsequently filed document which also is or is deemed to be
incorporated by reference herein modifies or supersedes that statement. Any such statement
so modified or superseded shall not constitute a part of this registration statement,
except as so modified or superseded. </FONT></P>

<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Item 4. &nbsp;&nbsp;&nbsp;<I>Description of
Securities. </I></FONT></H1>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This
Item is not applicable.</FONT></P>

<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Item 5. &nbsp;&nbsp;&nbsp;<I>Interests of
Named Experts and Counsel. </I></FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Jasmina
Theodore Boulanger, Esq., who has passed upon the legality of any newly issued shares of
Registrant&#146;s Common Stock covered by this Registration Statement, is Associate
General Counsel and Assistant Secretary of the Registrant. </FONT></P>
<BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-1 </FONT></P>

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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Item 6. &nbsp;&nbsp;&nbsp;<I>Indemnification
of Directors and Officers. </I></FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The Delaware
General Corporation Law permits Delaware corporations to eliminate or limit the monetary
liability of directors for breach of their fiduciary duty of care, subject to limitations.
The Company&#146;s amended and restated certificate of incorporation provides that the
Company&#146;s directors are not liable to the Company or its shareholders for monetary
damages for breach of fiduciary duty as a director, except for liability (i)&nbsp;for any
breach of the director&#146;s duty of loyalty to the Company or its shareholders,
(ii)&nbsp;for acts or omissions not in good faith or which involve intentional misconduct
or a knowing violation of law, (iii)&nbsp;for willful or negligent violation of the laws
governing the payment of dividends or the purchase or redemption of stock or (iv)&nbsp;for
any transaction from which a director derived an improper personal benefit. </FONT></P>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The
Delaware General Corporation Law provides for indemnification of directors, officers,
employees and agents subject to limitations. The Company&#146;s amended bylaws and the
appendix thereto provide for the indemnification of directors, officers, employees and
agents to the extent permitted by Delaware law. The Company has entered into indemnity
agreements with its directors and certain of its officers whereby the Company has agreed
to indemnify the directors and officers to the extent permitted by Delaware law. The
Company&#146;s directors and officers also are insured against certain liabilities for
actions taken in such capacities, including liabilities under the Securities Act of 1933,
as amended, (the &#147;Securities Act&#148;). </FONT></P>

<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Item 7. &nbsp;&nbsp;&nbsp;<I>Exemption from
Registration Claimed. </I></FONT></H1>

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<P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;This Item is not applicable.</FONT></P>

<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Item 8. &nbsp;&nbsp;&nbsp;<I>Exhibits. </I></FONT></H1>

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     <TD WIDTH="2%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH="7%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.1</FONT></TD>
     <TD WIDTH="91%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Amended and Restated Certificate of Incorporation of the Company, filed as
Exhibit&nbsp;3.a.1 to the Company&#146;s Quarterly Report on Form&nbsp;10-Q for the
quarter ended March&nbsp;31, 2004, is incorporated herein by reference. </FONT><BR><BR></TD>
</TR>
<TR VALIGN="TOP">
     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.2</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Amended By-Laws of the Company, filed as Exhibit&nbsp;3.(ii) to the Company&#146;s Current
Report on Form&nbsp;8-K dated February&nbsp;28, 2005, are incorporated herein by reference. </FONT><BR><BR></TD>
</TR>
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     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.3</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Specimen certificate for the Company&#146;s Common Stock,
        par value $.01 per share, filed as Exhibit&nbsp;4.3 to the Company&#146;s Registration Statement on Form&nbsp;10
        (File No.&nbsp;000-24923), is incorporated herein by reference. </FONT><BR><BR></TD>
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     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.4.1</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Rights Agreement, dated as of November&nbsp;30, 1998, by and between the Company and
ChaseMellon Shareholder Services, L.L.C., as rights agent, filed as Exhibit&nbsp;4.4 to
the Company&#146;s Registration Statement on Form&nbsp;S-8 (Registration
No.&nbsp;333-68755), is incorporated herein by reference. </FONT><BR><BR></TD>
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     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.4.2</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">First Amendment to Rights Agreement, dated as of December&nbsp;9, 1999,
        filed as Exhibit&nbsp;4.1 to the Company&#146;s Quarterly Report on Form&nbsp;10-Q for the quarter ended December&nbsp;31, 1999, is incorporated
herein by reference. </FONT><BR><BR></TD>
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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-2 </FONT></P>

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     <TD WIDTH="2%" ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD WIDTH="7%" ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.5.1</FONT></TD>
     <TD WIDTH="91%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">The Company&#146;s Paxonet Communications, Inc.
1997 Stock Option and Stock Purchase Plan, as amended.</FONT><BR><BR></TD>
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     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">4.5.2</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Forms of Notice of Stock Option Grant and Stock Option Agreement.</FONT><BR><BR></TD>
</TR>
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     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">5</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Opinion of Jasmina Theodore Boulanger, Esq., Associate
        General Counsel and Assistant Secretary of the Company.</FONT><BR><BR></TD>
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     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">23.1</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Consent of Deloitte &amp; Touche LLP,
        an independent registered public accounting firm.</FONT><BR><BR></TD>
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     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">23.2</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Consent of Jasmina Theodore Boulanger, Esq.,
        contained in the opinion filed as Exhibit&nbsp;5 to this registration statement.</FONT><BR><BR></TD>
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     <TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;</FONT></TD>
     <TD ALIGN="LEFT"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">24</FONT></TD>
     <TD><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Powers of Attorney authorizing certain persons to sign this registration statement on
behalf of certain directors and officers of the Company. </FONT><BR><BR></TD>
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<H1 ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE="2">Item 9. &nbsp;&nbsp;&nbsp;<I>Undertakings.</I></FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>A.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
The Company hereby undertakes: </FONT></P>

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<BR>

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               <TR VALIGN=TOP>
               <TD ALIGN=RIGHT WIDTH=8%></TD>
               <TD WIDTH=92%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;
                &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1)&nbsp;&nbsp;
               To file, during any period in which offers or sales are being made, a
               post-effective amendment to this registration statement: </FONT></P></TD>
               </TR>
               </TABLE>
               <BR>

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<TD ALIGN=RIGHT WIDTH=15%></TD>
<TD WIDTH=85%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i)&nbsp;&nbsp;To
include any prospectus required by Section 10(a)(3) of the Securities Act;  </FONT></P></TD>
</TR>
</TABLE>
<BR>

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<TD ALIGN=RIGHT WIDTH=15%></TD>
<TD WIDTH=85%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii)&nbsp;&nbsp;To
reflect in the prospectus any facts or events arising after the effective
               date of this registration statement (or the most recent post-effective
amendment                thereof) which, individually or in the aggregate, represent a
fundamental change                in the information set forth in this registration
statement; and  </FONT></P></TD>
</TR>
</TABLE>
<BR>

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<TD ALIGN=RIGHT WIDTH=15%></TD>
<TD WIDTH=85%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii)&nbsp;&nbsp;To
include any material information with respect to the plan of distribution not
               previously disclosed in this registration statement or any material change
to                such information in this registration statement;  </FONT></P></TD>
</TR>
</TABLE>
<BR>

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<TR VALIGN=TOP>
<TD WIDTH=8%>&nbsp;</TD>
<TD WIDTH=92%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>
<I>provided, however,</I> that clauses (i) and (ii) do not apply if the information required to be
included in a post-effective amendment by those clauses is contained in periodic reports
filed with or furnished to the Commission by the Company pursuant to Section 13 or 15(d)
of the Exchange Act that are incorporated by reference in this registration statement. </FONT></TD>
</TR>
</TABLE>
<BR>

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          <TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0>
               <TR VALIGN=TOP>
               <TD ALIGN=RIGHT WIDTH=8%></TD>
               <TD WIDTH=92%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;
                &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2)&nbsp;&nbsp;
               That, for the purpose of determining any liability under the Securities Act,
               each such post-effective amendment shall be deemed to be a new registration
               statement relating to the securities offered therein, and the offering of such
               securities at that time shall be deemed to be the initial <I>bona fide</I>
               offering thereof. </FONT></P></TD>
               </TR>
               </TABLE>
               <BR>


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<TD>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-3 </FONT></P>

<HR SIZE=1>
<PAGE>

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</TD>
</TR>
</TABLE>
<BR>

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               <TR VALIGN=TOP>
               <TD ALIGN=RIGHT WIDTH=8%></TD>
               <TD WIDTH=92%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;
                &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3)&nbsp;&nbsp;
               To remove from registration by means of a post-effective amendment any of the
               securities being registered which remain unsold at the termination of the
               offering. </FONT></P></TD>
               </TR>
               </TABLE>
               <BR>

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          <TABLE WIDTH=600 CELLPADDING=0 CELLSPACING=0>
               <TR VALIGN=TOP>
               <TD ALIGN=RIGHT WIDTH=8%></TD>
               <TD WIDTH=92%><P ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;
                &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(4)&nbsp;&nbsp;
               That, for purposes of determining any liability under the Securities Act, each
               filing of the Company&#146;s annual report pursuant to Section 13(a) or 15(d) of
               the Exchange Act that is incorporated by reference in this registration
               statement shall be deemed to be a new registration statement relating to the
               securities offered therein, and the offering of such securities at that time
               shall be deemed to be the initial <I>bona fide</I> offering thereof. </FONT></P></TD>
               </TR>
               </TABLE>
               <BR>

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<TD>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>B.&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the Company
          pursuant to the foregoing provisions, or otherwise, the Company has been
advised           that in the opinion of the Commission such indemnification is against
public           policy as expressed in the Securities Act and is, therefore,
unenforceable. In           the event that a claim for indemnification against such
liabilities (other than           the payment by the Company of expenses incurred or paid
by a director, officer           or controlling person of the Company in the successful
defense of any action,           suit or proceeding) is asserted by such director,
officer or controlling person           in connection with the securities being
registered, the Company will, unless in           the opinion of its counsel the matter
has been settled by controlling precedent,           submit to a court of appropriate
jurisdiction the question whether such           indemnification by it is against public
policy as expressed in the Securities           Act and will be governed by the final
adjudication of such issue.  </FONT></P>
<BR><BR><BR>

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<P ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>II-4 </FONT></P>

<HR SIZE=1>
<PAGE>


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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>SIGNATURES </FONT></H1>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Pursuant
to the requirements of the Securities Act of 1933, the registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8
and has duly caused this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Newport Beach, State of California,
on the&nbsp;16th&nbsp;day of March, 2005.</B> </FONT></P>

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</TABLE>
<BR>



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<TD ALIGN=CENTER WIDTH=50%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="Left" COLSPAN="2"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>CONEXANT SYSTEMS, INC.</FONT><BR><BR></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN=CENTER WIDTH=52%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN=LEFT WIDTH=4%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>By</FONT></TD>
<TD ALIGN=LEFT WIDTH=44%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">/s/ DENNIS E. O&#146;REILLY </FONT><BR>
<HR SIZE="1" WIDTH="85%" ALIGN="Left" COLOR="Gray"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>(Dennis
E. O&#146;Reilly, Senior Vice President, Chief Legal Officer and Secretary)<BR>
</B> </FONT></TD>
</TR></TABLE>
<BR>

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<TR VALIGN=TOP>
<TD>

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<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<B>Pursuant
to the requirements of the Securities Act of 1933, this Registration Statement has been
signed on the&nbsp;16th&nbsp;day of March, 2005 by the following persons in the
capacities indicated:</B> </FONT></P>

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</TD>
</TR>
</TABLE>
<BR>

<TABLE WIDTH="600" CELLPADDING="0" CELLSPACING="0" BORDER="0">
<TR VALIGN=TOP>
<TD ALIGN="CENTER" WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER" WIDTH="42%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U><B>Signature</B></U> </FONT> </TD>
<TD ALIGN="CENTER" WIDTH="48%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><U><B>Title</B></U> </FONT> <BR><BR></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>DWIGHT W. DECKER*</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Chairman of the Board and Chief Executive Officer
<BR>(principal executive officer)</FONT><BR><BR></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>DONALD R. BEALL* </FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT><BR><BR></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>STEVEN J. BILODEAU*</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT><BR><BR></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>DIPANJAN DEB*</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT><BR><BR></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>F. CRAIG FARRILL*</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT><BR><BR></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>BALAKRISHNAN S. IYER*</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT><BR><BR></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>D. SCOTT MERCER* </FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT><BR><BR></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>JERRE L. STEAD*</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT><BR><BR></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>GIUSEPPE P. ZOCCO*</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Director</FONT><BR><BR></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>J. SCOTT BLOUIN* </FONT></TD>
<TD ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Senior Vice President and
Chief Financial Officer (principal financial and accounting officer)</FONT><BR><BR></TD>
</TR>
</TABLE>

<TABLE WIDTH="600" CELLPADDING="0" CELLSPACING="0">
<TR VALIGN=TOP>
<TD ALIGN="LEFT" WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN="LEFT" WIDTH="5%"><FONT FACE="Times New Roman, Times, Serif" SIZE=2>* By</FONT></TD>
<TD ALIGN="LEFT" WIDTH="85%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">/s/ DENNIS E. O&#146;REILLY </FONT><BR>
<HR SIZE="1" WIDTH="45%" ALIGN="Left" COLOR="Gray"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>(Dennis E. O&#146;Reilly,
Attorney-in-fact)**</B></FONT><BR><BR></TD>
</TR>
</TABLE>

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<TD>

<P><FONT FACE="Times New Roman, Times, Serif" SIZE=2>**&nbsp;&nbsp;By authority of the powers of
attorney filed as Exhibit 24 to this Registration Statement.</FONT></P>
<BR>

<P ALIGN="Center"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">II-5 </FONT></P>

<HR SIZE=1>
<PAGE>

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<H1 ALIGN=CENTER><FONT FACE="Times New Roman, Times, Serif" SIZE=2>EXHIBIT INDEX </FONT></H1>

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</TR>
</TABLE>
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<TR VALIGN=TOP>
<TD ALIGN="Center" COLSPAN="2"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><B>Exhibit</B><BR><U><B>Number</B></U> </FONT> <BR><BR></TD>
<TD ALIGN=CENTER WIDTH=80%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN=CENTER WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE="2">&nbsp;<BR><U><B>Page</B></U> </FONT><BR><BR></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN=LEFT WIDTH=3%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN=LEFT WIDTH=10%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.5.1</FONT></TD>
<TD ALIGN=LEFT WIDTH=79%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>The Company&#146;s
        Paxonet Communications, Inc. 1997 Stock Option and Stock Purchase Plan, as amended.</FONT><BR><BR></TD>
<TD ALIGN=LEFT WIDTH=8%><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>4.5.2</FONT></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Forms
of Notice of Stock Option Grant and Stock Option Agreement.</FONT><BR><BR></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>5</FONT></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Opinion of Jasmina Theodore Boulanger, Esq.,
Associate General Counsel and Assistant Secretary of the Company.</FONT><BR><BR></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23.1</FONT></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent of Deloitte &amp; Touche LLP,
an independent registered public accounting firm.</FONT><BR><BR></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>23.2</FONT></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Consent of Jasmina Theodore Boulanger, Esq.,
contained in the opinion filed as Exhibit&nbsp;5 to this registration statement.</FONT><BR><BR></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
</TR>
<TR VALIGN=TOP>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>24</FONT></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>Powers of Attorney
authorizing certain persons to sign this registration statement on behalf
of certain directors and officers of the Company.</FONT><BR><BR></TD>
<TD ALIGN=LEFT><FONT FACE="Times New Roman, Times, Serif" SIZE=2>&nbsp;</FONT></TD>
</TR>
</TABLE>

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[{"type": "S-8", "sequence": "1", "filename": "cnxts8paxonet.htm", "description": "FORM S-8", "secsgml_size_bytes": 42435}]
{"company-data": {"conformed-name": "CONEXANT SYSTEMS INC", "cik": "0001069353", "assigned-sic": "3674", "irs-number": "251799439", "state-of-incorporation": "DE", "fiscal-year-end": "0930"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-123356", "film-number": "05684975"}, "business-address": {"street1": "4000 MACARTHUR BLVD. K10-171", "city": "NEWPORT BEACH", "state": "CA", "zip": "92660-3095", "phone": "9494839920"}, "mail-address": {"street1": "4000 MACARTHUR BLVD. K10-171", "city": "NEWPORT BEACH", "state": "CA", "zip": "92660-3095"}, "former-company": {"former-conformed-name": "ROCKWELL SEMICONDUCTOR SYSTEMS INC", "date-changed": "19980929"}}
Form S-8
As
filed with the Securities and Exchange Commission on March 16, 2005.
Registration Statement
        No. 333-
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM S-8
REGISTRATION STATEMENT UNDER
THE SECURITIES ACT OF 1933
Conexant Systems, Inc.
(Exact name of registrant as specified in its charter)
DELAWARE
(State or other jurisdiction of incorporation or organization)
4000 MacArthur Boulevard, West Tower
Newport Beach, California
(Address of Principal Executive Offices)
25-1799439
(I.R.S. Employer Identification No.)
92660-3095
(Zip Code)
Conexant Systems, Inc.
Paxonet Communications, Inc. 1997 Stock Option and Stock Purchase Plan
(Full title of the plan)
DENNIS E. O'REILLY, ESQ.
Senior Vice President, Chief Legal Officer and Secretary
Conexant Systems, Inc.
4000 MacArthur Boulevard, West Tower
Newport Beach, California 92660-3095
(Name and address of agent for service)
(949) 483-4600
(Telephone
number, including area code, of agent for service)
Copy to:
PETER R. KOLYER, ESQ.
Chadbourne & Parke LLP
30 Rockefeller Plaza
New York, New York 10112
(212) 408-5100
Calculation of Registration Fee
Title of securities to be registered
Amount to be
registered (1)
Proposed maximum
offering price per share (2)
Proposed maximum aggregate
offering price (2)
Amount of
registration fee
Common Stock, par value $.01 per
        share (including the associated Preferred Share Purchase Rights)
604,825 shares
$1.60
$967,720
$114
(1)
The shares of Common Stock set forth in the Calculation of Registration Fee
          table and which may be offered pursuant to this Registration Statement include,
          pursuant to Rule 416 under the Securities Act of 1933, as amended (the
          "Securities Act"), such additional number of shares of the
          Registrant's Common Stock as may be offered or issued as a result of any
          stock splits, stock dividends or similar events.
(2)
Estimated solely for purposes of calculating the registration fee pursuant to
          Rule 457(h) under the Securities Act, based upon the average of the high and low
          prices of the Registrant's Common Stock on March 15, 2005, as
          reported on The Nasdaq Stock Market, Inc. National Market System.
PART II
INFORMATION REQUIRED
IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents
by Reference.
The
following documents, which have been filed with the Securities and Exchange Commission
(the "Commission"), are incorporated herein by reference and made a part hereof:
(a)
Annual
Report on Form 10-K of Conexant Systems, Inc. (the "Company") for the
year ended September 30, 2004;
(b)
Quarterly
Report on Form 10-Q of the Company for the quarter ended December 31,
2004; and
(c)
Current
Reports on Form 8-K of the Company filed on October 28, 2004, November 10,
2004, November 15, 2004, November 18, 2004, December 8, 2004, December 15,
2004, December 22, 2004, February 28, 2005 and March 14, 2005; and
(d)
The
description of the Company's Common Stock contained in Item 11 of the
Company's Registration Statement on Form 10, as amended (File No. 000-24923),
including any amendment or report filed for the purpose of updating such
description.
All
documents subsequently filed by the Company pursuant to Sections 13(a), 13(c), 14 and
15(d) of the Securities Exchange Act of 1934, as amended (the "Exchange Act"),
prior to the filing of a post-effective amendment which indicates that all securities
offered hereby have been sold or which deregisters all securities then remaining unsold,
shall be deemed to be incorporated herein by reference and to be a part hereof from the
date of filing of such documents. Any statement contained in a document incorporated or
deemed to be incorporated herein by reference shall be deemed to be modified or superseded
for purposes of this registration statement to the extent that a statement contained
herein or in any other subsequently filed document which also is or is deemed to be
incorporated by reference herein modifies or supersedes that statement. Any such statement
so modified or superseded shall not constitute a part of this registration statement,
except as so modified or superseded.
Item 4.
Description of
Securities.
This
Item is not applicable.
Item 5.
Interests of
Named Experts and Counsel.
Jasmina
Theodore Boulanger, Esq., who has passed upon the legality of any newly issued shares of
Registrant's Common Stock covered by this Registration Statement, is Associate
General Counsel and Assistant Secretary of the Registrant.
II-1
Item 6.
Indemnification
of Directors and Officers.
The Delaware
General Corporation Law permits Delaware corporations to eliminate or limit the monetary
liability of directors for breach of their fiduciary duty of care, subject to limitations.
The Company's amended and restated certificate of incorporation provides that the
Company's directors are not liable to the Company or its shareholders for monetary
damages for breach of fiduciary duty as a director, except for liability (i) for any
breach of the director's duty of loyalty to the Company or its shareholders,
(ii) for acts or omissions not in good faith or which involve intentional misconduct
or a knowing violation of law, (iii) for willful or negligent violation of the laws
governing the payment of dividends or the purchase or redemption of stock or (iv) for
any transaction from which a director derived an improper personal benefit.
The
Delaware General Corporation Law provides for indemnification of directors, officers,
employees and agents subject to limitations. The Company's amended bylaws and the
appendix thereto provide for the indemnification of directors, officers, employees and
agents to the extent permitted by Delaware law. The Company has entered into indemnity
agreements with its directors and certain of its officers whereby the Company has agreed
to indemnify the directors and officers to the extent permitted by Delaware law. The
Company's directors and officers also are insured against certain liabilities for
actions taken in such capacities, including liabilities under the Securities Act of 1933,
as amended, (the "Securities Act").
Item 7.
Exemption from
Registration Claimed.
This Item is not applicable.
Item 8.
Exhibits.
4.1
Amended and Restated Certificate of Incorporation of the Company, filed as
Exhibit 3.a.1 to the Company's Quarterly Report on Form 10-Q for the
quarter ended March 31, 2004, is incorporated herein by reference.
4.2
Amended By-Laws of the Company, filed as Exhibit 3.(ii) to the Company's Current
Report on Form 8-K dated February 28, 2005, are incorporated herein by reference.
4.3
Specimen certificate for the Company's Common Stock,
        par value $.01 per share, filed as Exhibit 4.3 to the Company's Registration Statement on Form 10
        (File No. 000-24923), is incorporated herein by reference.
4.4.1
Rights Agreement, dated as of November 30, 1998, by and between the Company and
ChaseMellon Shareholder Services, L.L.C., as rights agent, filed as Exhibit 4.4 to
the Company's Registration Statement on Form S-8 (Registration
No. 333-68755), is incorporated herein by reference.
4.4.2
First Amendment to Rights Agreement, dated as of December 9, 1999,
        filed as Exhibit 4.1 to the Company's Quarterly Report on Form 10-Q for the quarter ended December 31, 1999, is incorporated
herein by reference.
II-2
4.5.1
The Company's Paxonet Communications, Inc.
1997 Stock Option and Stock Purchase Plan, as amended.
4.5.2
Forms of Notice of Stock Option Grant and Stock Option Agreement.
5
Opinion of Jasmina Theodore Boulanger, Esq., Associate
        General Counsel and Assistant Secretary of the Company.
23.1
Consent of Deloitte & Touche LLP,
        an independent registered public accounting firm.
23.2
Consent of Jasmina Theodore Boulanger, Esq.,
        contained in the opinion filed as Exhibit 5 to this registration statement.
24
Powers of Attorney authorizing certain persons to sign this registration statement on
behalf of certain directors and officers of the Company.
Item 9.
Undertakings.
A.         
The Company hereby undertakes:
(1)  
               To file, during any period in which offers or sales are being made, a
               post-effective amendment to this registration statement:
(i)  To
include any prospectus required by Section 10(a)(3) of the Securities Act;
(ii)  To
reflect in the prospectus any facts or events arising after the effective
               date of this registration statement (or the most recent post-effective
amendment                thereof) which, individually or in the aggregate, represent a
fundamental change                in the information set forth in this registration
statement; and
(iii)  To
include any material information with respect to the plan of distribution not
               previously disclosed in this registration statement or any material change
to                such information in this registration statement;
provided, however,
that clauses (i) and (ii) do not apply if the information required to be
included in a post-effective amendment by those clauses is contained in periodic reports
filed with or furnished to the Commission by the Company pursuant to Section 13 or 15(d)
of the Exchange Act that are incorporated by reference in this registration statement.
(2)  
               That, for the purpose of determining any liability under the Securities Act,
               each such post-effective amendment shall be deemed to be a new registration
               statement relating to the securities offered therein, and the offering of such
               securities at that time shall be deemed to be the initial
bona fide
offering thereof.
II-3
(3)  
               To remove from registration by means of a post-effective amendment any of the
               securities being registered which remain unsold at the termination of the
               offering.
(4)  
               That, for purposes of determining any liability under the Securities Act, each
               filing of the Company's annual report pursuant to Section 13(a) or 15(d) of
               the Exchange Act that is incorporated by reference in this registration
               statement shall be deemed to be a new registration statement relating to the
               securities offered therein, and the offering of such securities at that time
               shall be deemed to be the initial
bona fide
offering thereof.
B.          
Insofar as indemnification for liabilities arising under the Securities Act may be
permitted to directors, officers and controlling persons of the Company
          pursuant to the foregoing provisions, or otherwise, the Company has been
advised           that in the opinion of the Commission such indemnification is against
public           policy as expressed in the Securities Act and is, therefore,
unenforceable. In           the event that a claim for indemnification against such
liabilities (other than           the payment by the Company of expenses incurred or paid
by a director, officer           or controlling person of the Company in the successful
defense of any action,           suit or proceeding) is asserted by such director,
officer or controlling person           in connection with the securities being
registered, the Company will, unless in           the opinion of its counsel the matter
has been settled by controlling precedent,           submit to a court of appropriate
jurisdiction the question whether such           indemnification by it is against public
policy as expressed in the Securities           Act and will be governed by the final
adjudication of such issue.
II-4
SIGNATURES
Pursuant
to the requirements of the Securities Act of 1933, the registrant certifies that it has
reasonable grounds to believe that it meets all of the requirements for filing on Form S-8
and has duly caused this Registration Statement to be signed on its behalf by the
undersigned, thereunto duly authorized, in the City of Newport Beach, State of California,
on the 16th day of March, 2005.
CONEXANT SYSTEMS, INC.
By
/s/ DENNIS E. O'REILLY
(Dennis
E. O'Reilly, Senior Vice President, Chief Legal Officer and Secretary)
Pursuant
to the requirements of the Securities Act of 1933, this Registration Statement has been
signed on the 16th day of March, 2005 by the following persons in the
capacities indicated:
Signature
Title
DWIGHT W. DECKER*
Chairman of the Board and Chief Executive Officer
(principal executive officer)
DONALD R. BEALL*
Director
STEVEN J. BILODEAU*
Director
DIPANJAN DEB*
Director
F. CRAIG FARRILL*
Director
BALAKRISHNAN S. IYER*
Director
D. SCOTT MERCER*
Director
JERRE L. STEAD*
Director
GIUSEPPE P. ZOCCO*
Director
J. SCOTT BLOUIN*
Senior Vice President and
Chief Financial Officer (principal financial and accounting officer)
* By
/s/ DENNIS E. O'REILLY
(Dennis E. O'Reilly,
Attorney-in-fact)**
**  By authority of the powers of
attorney filed as Exhibit 24 to this Registration Statement.
II-5
EXHIBIT INDEX
Exhibit
Number
Page
4.5.1
The Company's
        Paxonet Communications, Inc. 1997 Stock Option and Stock Purchase Plan, as amended.
4.5.2
Forms
of Notice of Stock Option Grant and Stock Option Agreement.
5
Opinion of Jasmina Theodore Boulanger, Esq.,
Associate General Counsel and Assistant Secretary of the Company.
23.1
Consent of Deloitte & Touche LLP,
an independent registered public accounting firm.
23.2
Consent of Jasmina Theodore Boulanger, Esq.,
contained in the opinion filed as Exhibit 5 to this registration statement.
24
Powers of Attorney
authorizing certain persons to sign this registration statement on behalf
of certain directors and officers of the Company.