content: <html>
    <head>
      <title>form8-k_nov26.htm</title>
  <!-- Licensed to: Micron Technology, Inc.-->
  <!-- Document Created using EDGARizer 4.0.6.1 -->
  <!-- Copyright 1995 - 2008 EDGARfilings, Ltd., an IEC company. All rights reserved -->
  </head>
      <body bgcolor="#ffffff" style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">
      <div>&#160;</div>
      <div>
        <hr style="MARGIN-TOP: -5px; COLOR: #000000" noshade size="4">
        <hr style="MARGIN-TOP: -10px; COLOR: #000000" noshade size="1">
      </div>
      <div><br><br>&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">UNITED
  STATES</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">SECURITIES
  AND EXCHANGE COMMISSION</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Washington,
  D.C. 20549</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: Times New Roman">FORM
  8-K</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">CURRENT
  REPORT</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
  to Section&#160;13 OR 15(d) of The Securities Exchange Act of 1934</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">November
  26, 2008</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Date of
  Report (date of earliest event reported)</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td valign="top" width="84%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 12pt; FONT-FAMILY: times new roman">MICRON
        TECHNOLOGY, INC.</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="84%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Exact
        name of registrant as specified in its
  charter)</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td valign="top" width="31%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Delaware</font></div>
              </td>
              <td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="24%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">1-10658</font></div>
              </td>
              <td valign="bottom" width="1%" style="BORDER-BOTTOM: black 2px solid"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td colspan="2" valign="top" width="27%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">75-1618004</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="31%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(State
        or other jurisdiction of incorporation)</font></div>
              </td>
              <td valign="bottom" width="1%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="24%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Commission
        File Number)</font></div>
              </td>
              <td colspan="2" valign="bottom" width="2%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="26%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(I.R.S.
        Employer Identification No.)</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="30%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">8000
        South Federal Way</font></div>
              </td>
              <td valign="top" width="26%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
            </tr>
            <tr>
              <td valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="30%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Boise,
        Idaho&#160;&#160;83716-9632</font></div>
              </td>
              <td valign="top" width="26%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
            </tr>
            <tr>
              <td valign="top" width="28%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="30%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Address
        of principal executive offices)</font></div>
              </td>
              <td valign="top" width="26%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td valign="top" width="25%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="38%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(208)
        368-4000</font></div>
              </td>
              <td valign="top" width="21%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
            </tr>
            <tr>
              <td valign="top" width="25%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="38%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">(Registrant&#8217;s
        telephone number, including area code)</font></div>
              </td>
              <td valign="top" width="21%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Check the
  appropriate box below if the Form 8-K filing is intended to simultaneously
  satisfy the filing obligation of the registrant under any of the following
  provisions (see General Instruction A.2. below):</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">o</font>
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR
  230.425)</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">o</font>
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
  240.14a-12)</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">o</font>
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
  (17 CFR 240.14d-2(b))</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Wingdings">o</font>
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
  (17 CFR 240.13e-4c))</font></div>
      <div>&#160;</div>
      <div><br>&#160;</div>
      <div>
        <hr style="MARGIN-TOP: -5px; COLOR: #000000" noshade size="1">
        <hr style="MARGIN-TOP: -13px; COLOR: #000000" noshade size="4">
      </div>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
      </div><br>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Second
  Closing Under Inotera Share Purchase Agreement</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
  October 14, 2008, Micron Technology, Inc. (&#8220;Micron&#8221;) filed a Form 8-K to report
  that Micron and Micron Semiconductor, B.V. (&#8220;MNL&#8221;), a wholly-owned subsidiary of
  Micron, entered into a Share Purchase Agreement (the &#8220;Purchase Agreement&#8221;) on
  October 11, 2008 with Qimonda AG (&#8220;Qimonda&#8221;) and Qimonda Holding B.V.
  (collectively with Qimonda, the &#8220;Sellers&#8221;) pursuant to which (i) in two separate
  closings MNL would purchase 1,184,088,059 shares of common stock of Inotera
  Memories, Inc. (&#8220;Inotera&#8221;) held by the Sellers (the &#8220;Primary Shares&#8221;) and (ii)
  Qimonda would sell 4,483,800 shares of Inotera held by Qimonda (the &#8220;Secondary
  Shares&#8221; and collectively with the Primary Shares, the &#8220;Shares&#8221;) on the Taiwan
  Stock Exchange and remit the proceeds of such sale to MNL (the &#8220;Share Purchase
  Transactions&#8221;).</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
  October 20, 2008, in the first closing of the Share Purchase Transactions (the
  &#8220;First Closing&#8221;), MNL purchased 592,044,028 Primary Shares of Inotera pursuant
  to the Purchase Agreement (the &#8220;First Closing Shares&#8221;) for $200.0
  million.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Micron is
  filing this report on Form 8-K with respect to the second closing of the Share
  Purchase Transactions (the &#8220;Second Closing&#8221;) on November 26, 2008, pursuant to
  which MNL purchased the remaining 592,044,031 Primary Shares of Inotera pursuant
  to the Purchase Agreement (the &#8220;Second Closing Shares&#8221;) for $200.0 million using
  the proceeds of the NPC Loan (as defined below) to pay for the Second Closing
  Shares.&#160;&#160;Following the completion of the purchases of the Primary
  Shares pursuant to the Purchase Agreement, Micron, through its subsidiaries,
  owns approximately 35.61% of the outstanding common stock of
  Inotera.&#160;&#160;Promptly following the Second Closing, the Sellers pursuant
  to the Purchase Agreement will sell the remaining 4,483,800 Secondary Shares of
  Inotera on the Taiwan Stock Exchange and remit the proceeds to MNL.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
  connection with the Second Closing:</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">MNL
        entered into various agreements with Nanya Technology Corporation (&#8220;NTC&#8221;),
        MeiYa Technology Corporation (&#8220;MeiYa&#8221;), a company owned one-half by MNL
        and one-half by NTC, and Inotera relating to the ownership and governance
        of Inotera, the manufacture of DRAM products by Inotera, the sale of DRAM
        products by Inotera to Micron and NTC and the restructuring of certain
        agreements relating to MeiYa.&#160;&#160;Inotera is a publicly-traded
        Taiwan-based company that manufactures DRAM products.&#160;&#160;Certain
        of these agreements are summarized below under &#8220;Item 1.01. Entry into a
        Material Definitive Agreement &#8211; Joint Venture
    Agreements.&#8221;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Micron
        and MNL entered into a loan with Nan Ya Plastics Corporation (&#8220;NPC&#8221;),
        pursuant to which NPC made a loan to MNL in the principal amount of $200.0
        million, the proceeds of which were used to pay the purchase price for the
        Second Closing Shares and Micron and MNL entered into a loan agreement
        with Inotera, pursuant to which Inotera made a loan to Micron in the
        principal amount of $85.0 million, the proceeds of which are to be used
        for general corporate purposes.&#160;&#160;These loan agreements are
        summarized below under &#8220;Item 1.01. Entry into a Material Definitive
        Agreement &#8211; Loan Agreements.&#8221;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Micron
        and MNL entered into a series of agreements to terminate certain
        agreements related to Micron&#8217;s preexisting MeiYa joint venture agreement
        that was reported on Micron&#8217;s Form 8-K filed on April 23,
        2008.&#160;&#160;Certain of these termination agreements are summarized
        below under &#8220;Item 1.02. Termination of a Material Definitive Agreement &#8211;
        Terminating Agreements.&#8221;</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" id="list" width="100%">
            <tr valign="top">
              <td align="right" style="WIDTH: 36pt">
                <div><font style="DISPLAY: inline; FONT-SIZE: 10pt;" face="Symbol, serif">&#183;&#160;&#160;</font></div>
              </td>
              <td>
                <div style="MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Micron
        and/or MNL entered into certain other related agreements including,
        without limitation:&#160;&#160;(i) a back-end services agreement and
        transition services agreement with Qimonda; and (ii) a loan agreement with
        MeiYa pursuant to which MeiYa&#160;will make&#160;a loan to Micron in the
        principal amount of $50 million that bears interest at 4.25% per annum and
        will mature on the earlier of (x) the date on which Micron receives
        certain technology transfer fees from Inotera under the Technology
        Transfer Agreement for 68-50 nm Process Nodes between Inotera and Micron
        that was disclosed on a Form 8-K filed by Micron on October 14, 2008 (the
        &#8220;Inotera TTA&#8221;) and (y) one year from the date the loan is
        made.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td align="left" valign="top" width="9%">
                <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item
        1.01.</font></div>
              </td>
              <td align="left" valign="top" width="73%">
                <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Entry
        into a Material Definitive
  Agreement.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Joint
  Venture Agreements</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
  November 26, 2008, in connection with the Share Purchase Transactions, Micron
  and MNL entered into various agreements with NTC, MeiYa, a company owned one
  half by MNL and one half by NTC, and Inotera relating to the ownership and
  governance of Inotera, the manufacture of DRAM products by Inotera, the sale of
  DRAM products by Inotera to Micron and NTC and the restructuring of certain
  agreements relating to MeiYa.&#160;&#160;Inotera is a publicly-traded
  Taiwan-based company that manufactures DRAM products.</font></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">1</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
      </div><br>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As part
  of the transaction to which such agreements relate, Micron will transfer to
  Inotera certain intellectual property relevant to the manufacture of stack DRAM
  products, and Micron will amend certain agreements with NTC relating to the
  transfer and license of certain intellectual property relevant to the
  manufacture of stack DRAM products.&#160;&#160;The agreements provide for Micron
  to receive transfer fees and royalties with respect to the intellectual property
  transferred to Inotera and NTC.&#160;&#160;Also, Micron and NTC have amended
  their agreement regarding the joint development of process technology and
  designs for manufacturing stack DRAM products.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Set forth
  below are brief descriptions of the material agreements that have been entered
  into or amended that relate to the operation of Inotera, the transfers and
  licenses of intellectual property and the operation of the joint development
  program.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Master
  Agreement</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Micron,
  MNL, NTC, MeiYa and Inotera entered into a Master Agreement (the &#8220;Master
  Agreement&#8221;), which provides that certain agreements entered into in connection
  with MeiYa are to be amended and that certain agreements relating to Inotera are
  to be entered into.&#160;&#160;The material amended agreements and the material
  new agreements are described below.&#160;&#160;In addition, the Master Agreement
  provides that the following agreements, among others, entered into in connection
  with the formation of MeiYa will be terminated (other than terms thereof that,
  pursuant to such agreements, expressly survive such termination) at such time as
  MeiYa is sold, merged, liquidated, or dissolved or at such time as its non-cash
  assets are sold:&#160;&#160;(a) the Master Agreement between Micron and NTC,
  dated April 21, 2008 (the &#8220;Terminating Master Agreement&#8221;), (b) the Joint Venture
  Agreement between MNL and NTC, dated April 21, 2008 (the &#8220;Terminating Joint
  Venture Agreement&#8221;) (except for certain provisions relating to transferred
  employees), (c) the Supply Agreement among Micron, NTC and MeiYa, dated June 6,
  2008 (the &#8220;Terminating Supply Agreement&#8221;), (d) the Technology Transfer Agreement
  by and among Micron, NTC and MeiYa, dated May 13, 2008 (the &#8220;Terminating TTA&#8221;)
  (although, if such termination has not occurred within six months following the
  date of the Master Agreement, such termination will occur on the last day of
  such six-month period), and (e) the Technology Transfer Agreement for 68-50 nm
  Process Nodes between Micron and MeiYa, dated May 13, 2008 (the &#8220;Terminating TTA
  68-50&#8221;) (although if such termination has not occurred within six months
  following the date of the Master Agreement, such termination will occur on the
  last day of such six-month period).&#160;&#160;A description of the material
  terms of each of these terminating agreements is set forth below.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Joint
  Venture Agreement</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">MNL and
  NTC entered into a Joint Venture Agreement (the &#8220;Joint Venture Agreement&#8221;) that
  governs the rights and obligations of the parties in connection with their
  ownership of shares of Inotera.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Under the
  Joint Venture Agreement, each of MNL and NTC may initially designate five of the
  twelve members of the Board of Directors of Inotera and each is to vote its
  shares for such designated directors. The number of directors that may be
  designated by each party adjusts depending upon the parties&#8217; ownership interests
  in Inotera.&#160;&#160;In addition, MNL and NTC each may nominate one
  independent director of Inotera and are required to vote their shares for such
  nominees.&#160;&#160;Also, MNL and NTC are to vote their shares in favor of two
  supervisors of Inotera selected by MNL and two supervisors of Inotera selected
  by NTC.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Joint
  Venture Agreement provides that the parties will use their best efforts to
  require a supermajority vote for any actions to be authorized by the Inotera
  Board of Directors.&#160;&#160;Subject to certain terms and conditions, NTC and
  MNL will use their best efforts to each have the right to nominate an executive
  officer of Inotera, which officers will serve at the pleasure of Inotera&#8217;s Board
  of Directors.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Joint
  Venture Agreement provides that Micron and NTC will purchase all of the output
  of Inotera, generally on a 50-50 basis (other than trench products sold to
  Qimonda during a ramp-down period).&#160;&#160;If MNL&#8217;s and NTC&#8217;s relative
  ownership in Inotera changes, the allocation of such output may be
  adjusted.&#160;&#160;The Joint Venture Agreement also imposes certain
  restrictions on the transfer by the parties of shares in Inotera and prohibits
  acquisitions of shares in Inotera by the parties from third
  parties.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The Joint
  Venture Agreement contains buy/sell arrangements in the event of: (i) breach by
  a party of the terms of the Joint Venture Agreement, (ii) deadlock between the
  parties after following the procedures set forth in the Joint Venture Agreement,
  and (iii) one party&#8217;s ownership in Inotera falling below certain thresholds
  relative to the other party&#8217;s ownership.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Neither
  MNL nor NTC is required to contribute capital to Inotera.</font></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">2</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
      </div><br>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Facilitation
  Agreement</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Micron,
  NTC and Inotera entered into a Facilitation Agreement, pursuant to which Inotera
  agrees to take certain actions, subject to, in some cases, applicable laws,
  approvals of board of directors and/or shareholders' meeting,&#160;to fully
  effectuate the intent of MNL and NTC under the Joint Venture Agreement with
  respect to, among other things, the nomination of executive officers and rights
  and obligations to the output of Inotera.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Micron
  Guaranty</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Micron
  and NTC entered into a Micron Guaranty Agreement pursuant to which Micron
  guarantees, for the benefit of NTC, MNL&#8217;s performance under the Joint Venture
  Agreement.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Supply
  Agreement</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Micron
  and NTC entered into a Supply Agreement with Inotera (the "Supply Agreement")
  pursuant to which Inotera will sell to Micron and NTC trench and stack DRAM
  products manufactured by Inotera. &#160;Inotera will sell to Micron and NTC all
  of the trench DRAM products manufactured by it other than trench DRAM products
  that are sold by Inotera to Qimonda pursuant to a separate supply agreement
  between Inotera and Qimonda (the "Qimonda Supply Agreement").&#160;&#160;Under
  the Qimonda Supply Agreement, Qimonda is obligated to purchase trench DRAM
  products started for it by Inotera during the eight months following the Second
  Closing in accordance with a ramp down schedule specified in the Qimonda Supply
  Agreement.&#160;&#160;Initially, (a) with respect to trench DRAM products, (i)
  NTC will purchase the products resulting from 50% of Inotera's aggregate trench
  DRAM manufacturing capacity and (ii) Micron will purchase the products resulting
  from 50% of Inotera's aggregate trench DRAM manufacturing capacity less the
  trench DRAM products contemplated to be purchased by Qimonda pursuant to the
  Qimonda Supply Agreement and (b) with respect to stack DRAM products, (i) NTC
  will purchase the products resulting from 50% of the aggregate stack DRAM
  manufacturing capacity and (ii) Micron will purchase the products resulting from
  50% of the aggregate stack DRAM manufacturing capacity. &#160;Although the
  respective output percentages of Micron and NTC are initially 50/50, the output
  percentages may be adjusted if the relative ownership of MNL and NTC in Inotera
  changes. &#160;The pricing formula that determines the amounts to be paid by
  each of Micron and NTC for DRAM products under the Supply Agreement takes into
  account manufacturing costs and margins associated with the products purchased.
  &#160;Following a buy-out under the Joint Venture Agreement, the Supply
  Agreement will generally continue with respect to the party that was bought out
  for up to 12 months.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Amended
  and Restated Joint Development Program Agreement</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Micron
  and NTC entered into an Amended and Restated Joint Development Program Agreement
  (the &#8220;JDP Agreement&#8221;) that amends that certain Joint Development Program
  Agreement, between Micron and NTC dated April 21, 2008, entered into in
  connection with the formation of MeiYa (the &#8220;Original JDP
  Agreement&#8221;).&#160;&#160;Pursuant to the JDP Agreement, the parties will jointly
  develop process technology for the manufacture of stack DRAM products and
  designs for stack DRAM products.&#160;&#160;Absent the occurrence of certain
  early termination events, the JDP Agreement will remain in effect for at least
  10 years from the date of the Original JDP Agreement.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">All
  inventions conceived in connection with the joint development program will be
  allocated between Micron and NTC pursuant to mechanisms set forth in the JDP
  Agreement and the TTA (as defined below), transferred to Inotera pursuant to
  mechanisms set forth in the TTA, or will be jointly owned by Micron and
  NTC.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Research
  and development under the JDP Agreement will be conducted jointly by Micron and
  NTC and possibly Inotera.&#160;&#160;After the research and development costs
  exceed a specified amount, those costs will be shared approximately equally by
  the parties.&#160;&#160;It is expected that such sharing will begin in
  approximately two years from the date of the Original JDP
  Agreement.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Technology
  Transfer Agreement</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Micron,
  NTC and Inotera entered into a Technology Transfer Agreement (the &#8220;TTA&#8221;),
  pursuant to which Micron and NTC will transfer to Inotera certain information
  and deliverables relating to technology for the manufacture of stack DRAM
  products on process nodes of less than 50nm that are developed pursuant to the
  JDP Agreement.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Amended
  and Restated Technology Transfer and License Agreement</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Micron
  and NTC entered into an Amended and Restated Technology Transfer and License
  Agreement (the &#8220;TTL Agreement&#8221;) that amends that certain Technology Transfer and
  License Agreement, between Micron and NTC dated April 21, 2008, entered into in
  connection with the formation of MeiYa.&#160; Pursuant to the TTL Agreement,
  </font></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">3</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
      </div><br>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Micron is
  licensing to NTC the right to use technologies relating to the manufacture of
  stack DRAM products for specified purposes, including relating to the
  manufacture of stack DRAM products on nodes of less than 50nm, and to have
  Inotera manufacture such products.&#160;&#160;In addition, under this agreement
  NTC is licensing to Micron the right to use technologies relating to DRAM
  products for certain specified purposes.&#160;&#160;NTC will pay Micron
  royalties for its license from Micron.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  foregoing description of the transactions consummated pursuant to the Master
  Agreement and the Joint Venture Agreement is only a summary, does not purport to
  be complete and is qualified in its entirety by reference to the agreements
  related to the Master Agreement and the Joint Venture Agreement, which will be
  filed as exhibits to a future periodic or current report.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Loan
  Agreements</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Nan
  Ya Plastics Loan Agreement</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">In
  connection with the Share Purchase Transactions, on November 26, 2008, Micron
  and its subsidiary MNL entered into a loan agreement with NPC pursuant to which
  NPC made a loan to MNL (the &#8220;NPC Loan&#8221;) in the principal amount of $200.0
  million (the &#8220;NPC Loan Agreement&#8221;).&#160;&#160;The proceeds of the NPC Loan were
  used to pay the purchase price for the Second Closing Shares of Inotera at the
  Second Closing under the Purchase Agreement.&#160;&#160;Pursuant to the NPC Loan
  Agreement, Micron has guaranteed the NPC Loan.&#160;&#160;The loan bears
  interest at 3-month LIBOR plus 2%.&#160;&#160;The NPC Loan is secured by a
  pledge of the shares of common stock of Inotera held by MNL and by Micron
  Technology Asia Pacific, Inc. (&#8220;MTT&#8221;).</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The NPC
  Loan matures on November 26, 2009 and is expected to be refinanced with a new
  loan (the &#8220;New Loan&#8221;) in the same principal amount with a maturity date of
  November 26, 2010 pursuant to commitments by NPC to obtain for MNL or by NTC to
  provide or obtain for MNL such New Loan.&#160;&#160;The failure of MNL to obtain
  the New Loan and to repay the NPC Loan on the maturity date due to causes not
  attributable to Micron, MNL, or MTT, shall not constitute a payment event of
  default under the NPC Loan Agreement.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The NPC
  Loan Agreement contains customary affirmative covenants including further
  assurances, compliance with laws, payment of taxes, maintenance of insurance and
  properties and notice of defaults or events of default.&#160;&#160;The events of
  default under the NPC Loan Agreement include the failure to pay principal,
  interest or other amounts due under the NPC Loan Agreement and related pledge
  agreement beyond specified grace periods, the failure to perform material
  obligations or covenants under the NPC Loan Agreement and related pledge
  agreement beyond a specified grace period and bankruptcy and insolvency events
  with respect to Micron or MNL.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">NPC is an
  affiliate of NTC.&#160;&#160;MNL and NTC are parties to the Joint Venture
  Agreement and the Terminating Joint Venture Agreement.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  foregoing description of the NPC Loan Agreement is only a summary, does not
  purport to be complete and is qualified in its entirety by reference to the
  agreements related to the NPC Loan Agreement, which will be filed as exhibits to
  a future periodic or current report.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Inotera
  Loan Agreement</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">On
  November 26, 2008, Micron entered into a loan agreement with Inotera pursuant to
  which Inotera made a loan (the &#8220;Inotera Loan&#8221;) to Micron in the principal amount
  of $85.0 million (the &#8220;Inotera Loan Agreement&#8221;).&#160;&#160;The Inotera Loan
  bears interest at 3-month LIBOR plus 2% and matures on May 26,
  2009.&#160;&#160;The proceeds of the Inotera Loan are to be used for general
  corporate purposes.&#160;&#160;The Inotera Loan is secured by a pledge of
  quarterly license fees payable to Micron under the Technology Transfer and
  License Agreement for 68-50nm Process Nodes between Micron and NTC that was
  reported on Micron&#8217;s Form 8-K filed on April 23, 2008.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  events of default under the Inotera Loan Agreement include Micron&#8217;s failure to
  pay principal, interest or other amounts due under the Inotera Loan Agreement
  and related pledge agreement beyond specified grace periods, Micron&#8217;s failure to
  perform its material obligations or covenants under the Inotera Loan Agreement
  and related pledge agreement beyond a specified grace period and bankruptcy and
  insolvency events with respect to Micron.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">As
  described above, Micron, through its subsidiaries, owns approximately 35.61% of
  the common stock of Inotera and Micron&#8217;s subsidiary, MNL, is party to the Joint
  Venture Agreement.</font></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">4</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
      </div><br>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  foregoing description of the Inotera Loan Agreement is only a summary, does not
  purport to be complete and is qualified in its entirety by reference to the
  agreements related to the Inotera Loan Agreement, which will be filed as
  exhibits to a future periodic or current report.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td align="left" valign="top" width="9%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item
        1.02.</font></div>
              </td>
              <td align="left" valign="top" width="73%">
                <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Termination
        of a Material Definitive Agreement.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Terminating
  Agreements</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Set forth
  below are brief descriptions of the material agreements being terminated
  pursuant to the Master Agreement (as defined in Item 1.01 above).</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Terminating
  Master Agreement.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  Terminating Master Agreement addressed certain agreements entered into in
  connection with the establishment and operation of MeiYa and the transfers and
  licenses of intellectual property and the operation of the joint development
  program.&#160;&#160;These agreements, which governed the rights and obligations
  of each of Micron, MNL, NTC and MeiYa, included a joint venture agreement
  between MNL and NTC related to MeiYa, a guaranty agreement by Micron for the
  benefit of NTC, a supply agreement among Micron, NTC and MeiYa, a joint stack
  DRAM process technology and product design development agreement between Micron
  and NTC, various technology transfer and licensing agreements among Micron, NTC
  and MeiYa, and a non-suit agreement between Micron and NTC.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Terminating
  Joint Venture Agreement.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  Terminating Joint Venture Agreement governed the rights and obligations of the
  parties in connection with the operation of MeiYa.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
  to the Terminating Master Agreement and the Terminating Joint Venture Agreement,
  MNL and NTC each were to contribute NT$ 1.2 billion (which was expected to be
  approximately equivalent to US$40 million) in cash to MeiYa at the closing of
  the joint venture transaction.&#160;&#160;The parties each committed to
  contribute the NT$ equivalent of an additional US$510 million prior to December
  31, 2009.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  parties initially were to appoint an equal number of directors to the Board of
  Directors of MeiYa.&#160;&#160;The number of directors appointed by each party
  adjusted depending upon the parties&#8217; ownership interest in
  MeiYa.&#160;&#160;Actions to be authorized by the Board of Directors required
  approval by a supermajority vote.&#160;&#160;Subject to certain terms and
  conditions, NTC and MNL each were to appoint an executive officer, which
  officers were to serve at the pleasure of the Board of Directors.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  Terminating Joint Venture Agreement provided that Micron and NTC would purchase
  all of the output of MeiYa generally in proportion to their relative direct or
  indirect ownership in MeiYa. The Terminating Joint Venture Agreement also
  imposed certain restrictions on the transfer by the parties of shares in
  MeiYa.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  Terminating Joint Venture Agreement contained buy/sell arrangements in the event
  of: (i) a failure by one of the parties to contribute the capital required by
  the Terminating Joint Venture Agreement, (ii) breach by a party of the terms of
  the Terminating Joint Venture Agreement, (iii) deadlock between the parties
  after following the procedures set forth in the Terminating Joint Venture
  Agreement, and (iv) one party&#8217;s ownership in MeiYa falling below certain
  thresholds relative to the other party&#8217;s ownership.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Terminating
  Supply Agreement.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
  to the Terminating Supply Agreement, MeiYa was to sell to Micron and NTC all of
  the stack DRAM products manufactured by MeiYa.&#160;&#160;Micron and NTC were to
  have the same rights in all material respects under the Terminating Supply
  Agreement except for the percentage of MeiYa&#8217;s output to be purchased, which was
  to be consistent generally with the parties&#8217; relative direct or indirect
  ownership position in MeiYa.&#160;&#160;Each of Micron and NTC were initially
  allocated 50% of the output of MeiYa.&#160;&#160;Generally, the Terminating
  Supply Agreement was to continue for up to 12 months following a buy-out under
  the Terminating Joint Venture Agreement.</font></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">5</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
      </div><br>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Terminating
  TTA.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
  to the Terminating TTA, Micron and NTC agreed to transfer to MeiYa certain
  information and deliverables relating to technology for the manufacture of stack
  DRAM products on process nodes of less than 50nm that are developed pursuant to
  the Terminating JDP Agreement.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: 36pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: Times New Roman">Terminating
  TTA 68-50.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
  to the Terminating TTA 68-50, Micron agreed to transfer to MeiYa certain
  information and deliverables relating to technology for the manufacture of stack
  DRAM products on 68nm and 50nm process nodes.&#160;&#160;Pursuant to the Master
  Agreement, MeiYa will not be required to pay Micron its $50 million technology
  transfer payment obligation under the Terminating TTA 68-50 if Inotera timely
  makes its $50 million technology transfer payment under the Inotera
  TTA.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  foregoing description of the transactions consummated pursuant to the Master
  Agreement is only a summary, does not purport to be complete and is qualified in
  its entirety by reference to the agreements related to the Master Agreement,
  which will be filed as exhibits to a future periodic or current
  report.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td align="left" valign="top" width="9%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item
        2.03.</font></div>
              </td>
              <td align="left" valign="top" width="73%">
                <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Creation
        of a Direct Financial Obligation or an Obligation under an Off-Balance
        Sheet Arrangement of a Registrant.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">The
  information regarding the Inotera Loan Agreement and the NPC Loan Agreement set
  forth in Item 1.01 hereof is incorporated by reference into this Item
  2.03.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td align="left" valign="top" width="9%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Item
        8.01.</font></div>
              </td>
              <td align="left" valign="top" width="73%">
                <div style="DISPLAY: block; MARGIN-LEFT: 9pt; TEXT-INDENT: -9pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Other
        Events.</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">See the
  introductory text preceding Item 1.01 above which is hereby incorporated by
  reference.</font></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">6</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
      </div><br>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="center"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">SIGNATURE</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 18pt; MARGIN-RIGHT: -4.5pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">Pursuant
  to the requirements of the Securities Exchange Act of 1934, the Registrant has
  duly caused this report to be signed on its behalf by the undersigned hereunto
  duly authorized.</font></div>
      <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="justify">&#160;</div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div>
        <table cellpadding="0" cellspacing="0" width="100%">
            <tr>
              <td valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="bottom" width="44%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td align="left" colspan="2" valign="top" width="31%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: -4.5pt" align="left"><font style="DISPLAY: inline; FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">MICRON
        TECHNOLOGY, INC.</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="bottom" width="44%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="25%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
            </tr>
            <tr>
              <td valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="bottom" width="44%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="6%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="top" width="25%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
            </tr>
            <tr>
              <td align="left" valign="middle" width="4%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Date:</font></div>
              </td>
              <td align="left" valign="middle" width="44%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">November
        26, 2008</font></div>
              </td>
              <td align="left" valign="middle" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">By:</font></div>
              </td>
              <td align="left" valign="middle" width="25%" style="BORDER-BOTTOM: black 2px solid">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-STYLE: italic; FONT-FAMILY: times new roman">&#160;/s/
        Roderic W. Lewis</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="bottom" width="44%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td align="left" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Name:</font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Roderic
        W. Lewis</font></div>
              </td>
            </tr>
            <tr>
              <td valign="top" width="4%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td valign="bottom" width="44%"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">&#160;
        </font></td>
              <td align="left" valign="top" width="6%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Title:</font></div>
              </td>
              <td align="left" valign="top" width="25%">
                <div style="DISPLAY: block; MARGIN-LEFT: 0pt; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt" align="left"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: times new roman">Vice
        President of Legal Affairs, General Counsel and Corporate
        Secretary</font></div>
              </td>
            </tr>
        </table>
      </div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div>
      <div style="DISPLAY: block; TEXT-INDENT: 0pt"><br></div><br>
      <div id="PGBRK" style="MARGIN-LEFT: 0pt; WIDTH: 100%; TEXT-INDENT: 0pt; MARGIN-RIGHT: 0pt">
        <div id="FTR">
          <div id="GLFTR" style="WIDTH: 100%" align="left"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
        <div id="PN" style="PAGE-BREAK-AFTER: always">
          <div style="WIDTH: 100%; TEXT-ALIGN: center"><font style="DISPLAY: inline; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman">7</font></div>
          <div style="WIDTH: 100%; TEXT-ALIGN: center">
            <hr style="COLOR: black" noshade size="2">
          </div>
        </div>
        <div id="HDR">
          <div id="GLHDR" style="WIDTH: 100%" align="right"><font style="DISPLAY: inline; FONT-SIZE: 8pt; COLOR: #000000; FONT-FAMILY: Times New Roman">&#160;
  </font></div>
        </div>
      </div><br></body>
  </html>
metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "form8-k_nov26.htm", "description": "8-K - INOTERA-QIMONDA", "secsgml_size_bytes": 73830}]
metadata_filer: {"company-data": {"conformed-name": "MICRON TECHNOLOGY INC", "cik": "0000723125", "assigned-sic": "3674", "irs-number": "751618004", "state-of-incorporation": "DE", "fiscal-year-end": "0828"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-10658", "film-number": "081216387"}, "business-address": {"street1": "8000 S FEDERAL WAY", "street2": "PO BOX 6", "city": "BOISE", "state": "ID", "zip": "83716-9632", "phone": "2083684000"}}
text: form8-k_nov26.htm
  UNITED
  STATES
  SECURITIES
  AND EXCHANGE COMMISSION
  Washington,
  D.C. 20549
  FORM
  8-K
  CURRENT
  REPORT
  Pursuant
  to Section 13 OR 15(d) of The Securities Exchange Act of 1934
  November
  26, 2008
  Date of
  Report (date of earliest event reported)
  MICRON
        TECHNOLOGY, INC.
  (Exact
        name of registrant as specified in its
  charter)
  Delaware
  1-10658
  75-1618004
  (State
        or other jurisdiction of incorporation)
  (Commission
        File Number)
  (I.R.S.
        Employer Identification No.)
  8000
        South Federal Way
  Boise,
        Idaho  83716-9632
  (Address
        of principal executive offices)
  (208)
        368-4000
  (Registrant's
        telephone number, including area code)
  Check the
  appropriate box below if the Form 8-K filing is intended to simultaneously
  satisfy the filing obligation of the registrant under any of the following
  provisions (see General Instruction A.2. below):
  o
  Written communications pursuant to Rule 425 under the Securities Act (17 CFR
  230.425)
  o
  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
  240.14a-12)
  o
  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
  (17 CFR 240.14d-2(b))
  o
  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
  (17 CFR 240.13e-4c))
  Second
  Closing Under Inotera Share Purchase Agreement
  On
  October 14, 2008, Micron Technology, Inc. ("Micron") filed a Form 8-K to report
  that Micron and Micron Semiconductor, B.V. ("MNL"), a wholly-owned subsidiary of
  Micron, entered into a Share Purchase Agreement (the "Purchase Agreement") on
  October 11, 2008 with Qimonda AG ("Qimonda") and Qimonda Holding B.V.
  (collectively with Qimonda, the "Sellers") pursuant to which (i) in two separate
  closings MNL would purchase 1,184,088,059 shares of common stock of Inotera
  Memories, Inc. ("Inotera") held by the Sellers (the "Primary Shares") and (ii)
  Qimonda would sell 4,483,800 shares of Inotera held by Qimonda (the "Secondary
  Shares" and collectively with the Primary Shares, the "Shares") on the Taiwan
  Stock Exchange and remit the proceeds of such sale to MNL (the "Share Purchase
  Transactions").
  On
  October 20, 2008, in the first closing of the Share Purchase Transactions (the
  "First Closing"), MNL purchased 592,044,028 Primary Shares of Inotera pursuant
  to the Purchase Agreement (the "First Closing Shares") for $200.0
  million.
  Micron is
  filing this report on Form 8-K with respect to the second closing of the Share
  Purchase Transactions (the "Second Closing") on November 26, 2008, pursuant to
  which MNL purchased the remaining 592,044,031 Primary Shares of Inotera pursuant
  to the Purchase Agreement (the "Second Closing Shares") for $200.0 million using
  the proceeds of the NPC Loan (as defined below) to pay for the Second Closing
  Shares.  Following the completion of the purchases of the Primary
  Shares pursuant to the Purchase Agreement, Micron, through its subsidiaries,
  owns approximately 35.61% of the outstanding common stock of
  Inotera.  Promptly following the Second Closing, the Sellers pursuant
  to the Purchase Agreement will sell the remaining 4,483,800 Secondary Shares of
  Inotera on the Taiwan Stock Exchange and remit the proceeds to MNL.
  In
  connection with the Second Closing:
  ·
  MNL
        entered into various agreements with Nanya Technology Corporation ("NTC"),
        MeiYa Technology Corporation ("MeiYa"), a company owned one-half by MNL
        and one-half by NTC, and Inotera relating to the ownership and governance
        of Inotera, the manufacture of DRAM products by Inotera, the sale of DRAM
        products by Inotera to Micron and NTC and the restructuring of certain
        agreements relating to MeiYa.  Inotera is a publicly-traded
        Taiwan-based company that manufactures DRAM products.  Certain
        of these agreements are summarized below under "Item 1.01. Entry into a
        Material Definitive Agreement – Joint Venture
    Agreements."
  ·
  Micron
        and MNL entered into a loan with Nan Ya Plastics Corporation ("NPC"),
        pursuant to which NPC made a loan to MNL in the principal amount of $200.0
        million, the proceeds of which were used to pay the purchase price for the
        Second Closing Shares and Micron and MNL entered into a loan agreement
        with Inotera, pursuant to which Inotera made a loan to Micron in the
        principal amount of $85.0 million, the proceeds of which are to be used
        for general corporate purposes.  These loan agreements are
        summarized below under "Item 1.01. Entry into a Material Definitive
        Agreement – Loan Agreements."
  ·
  Micron
        and MNL entered into a series of agreements to terminate certain
        agreements related to Micron's preexisting MeiYa joint venture agreement
        that was reported on Micron's Form 8-K filed on April 23,
        2008.  Certain of these termination agreements are summarized
        below under "Item 1.02. Termination of a Material Definitive Agreement –
        Terminating Agreements."
  ·
  Micron
        and/or MNL entered into certain other related agreements including,
        without limitation:  (i) a back-end services agreement and
        transition services agreement with Qimonda; and (ii) a loan agreement with
        MeiYa pursuant to which MeiYa will make a loan to Micron in the
        principal amount of $50 million that bears interest at 4.25% per annum and
        will mature on the earlier of (x) the date on which Micron receives
        certain technology transfer fees from Inotera under the Technology
        Transfer Agreement for 68-50 nm Process Nodes between Inotera and Micron
        that was disclosed on a Form 8-K filed by Micron on October 14, 2008 (the
        "Inotera TTA") and (y) one year from the date the loan is
        made.
  Item
        1.01.
  Entry
        into a Material Definitive
  Agreement.
  Joint
  Venture Agreements
  On
  November 26, 2008, in connection with the Share Purchase Transactions, Micron
  and MNL entered into various agreements with NTC, MeiYa, a company owned one
  half by MNL and one half by NTC, and Inotera relating to the ownership and
  governance of Inotera, the manufacture of DRAM products by Inotera, the sale of
  DRAM products by Inotera to Micron and NTC and the restructuring of certain
  agreements relating to MeiYa.  Inotera is a publicly-traded
  Taiwan-based company that manufactures DRAM products.
  1
  As part
  of the transaction to which such agreements relate, Micron will transfer to
  Inotera certain intellectual property relevant to the manufacture of stack DRAM
  products, and Micron will amend certain agreements with NTC relating to the
  transfer and license of certain intellectual property relevant to the
  manufacture of stack DRAM products.  The agreements provide for Micron
  to receive transfer fees and royalties with respect to the intellectual property
  transferred to Inotera and NTC.  Also, Micron and NTC have amended
  their agreement regarding the joint development of process technology and
  designs for manufacturing stack DRAM products.
  Set forth
  below are brief descriptions of the material agreements that have been entered
  into or amended that relate to the operation of Inotera, the transfers and
  licenses of intellectual property and the operation of the joint development
  program.
  Master
  Agreement
  Micron,
  MNL, NTC, MeiYa and Inotera entered into a Master Agreement (the "Master
  Agreement"), which provides that certain agreements entered into in connection
  with MeiYa are to be amended and that certain agreements relating to Inotera are
  to be entered into.  The material amended agreements and the material
  new agreements are described below.  In addition, the Master Agreement
  provides that the following agreements, among others, entered into in connection
  with the formation of MeiYa will be terminated (other than terms thereof that,
  pursuant to such agreements, expressly survive such termination) at such time as
  MeiYa is sold, merged, liquidated, or dissolved or at such time as its non-cash
  assets are sold:  (a) the Master Agreement between Micron and NTC,
  dated April 21, 2008 (the "Terminating Master Agreement"), (b) the Joint Venture
  Agreement between MNL and NTC, dated April 21, 2008 (the "Terminating Joint
  Venture Agreement") (except for certain provisions relating to transferred
  employees), (c) the Supply Agreement among Micron, NTC and MeiYa, dated June 6,
  2008 (the "Terminating Supply Agreement"), (d) the Technology Transfer Agreement
  by and among Micron, NTC and MeiYa, dated May 13, 2008 (the "Terminating TTA")
  (although, if such termination has not occurred within six months following the
  date of the Master Agreement, such termination will occur on the last day of
  such six-month period), and (e) the Technology Transfer Agreement for 68-50 nm
  Process Nodes between Micron and MeiYa, dated May 13, 2008 (the "Terminating TTA
  68-50") (although if such termination has not occurred within six months
  following the date of the Master Agreement, such termination will occur on the
  last day of such six-month period).  A description of the material
  terms of each of these terminating agreements is set forth below.
  Joint
  Venture Agreement
  MNL and
  NTC entered into a Joint Venture Agreement (the "Joint Venture Agreement") that
  governs the rights and obligations of the parties in connection with their
  ownership of shares of Inotera.
  Under the
  Joint Venture Agreement, each of MNL and NTC may initially designate five of the
  twelve members of the Board of Directors of Inotera and each is to vote its
  shares for such designated directors. The number of directors that may be
  designated by each party adjusts depending upon the parties' ownership interests
  in Inotera.  In addition, MNL and NTC each may nominate one
  independent director of Inotera and are required to vote their shares for such
  nominees.  Also, MNL and NTC are to vote their shares in favor of two
  supervisors of Inotera selected by MNL and two supervisors of Inotera selected
  by NTC.
  The Joint
  Venture Agreement provides that the parties will use their best efforts to
  require a supermajority vote for any actions to be authorized by the Inotera
  Board of Directors.  Subject to certain terms and conditions, NTC and
  MNL will use their best efforts to each have the right to nominate an executive
  officer of Inotera, which officers will serve at the pleasure of Inotera's Board
  of Directors.
  The Joint
  Venture Agreement provides that Micron and NTC will purchase all of the output
  of Inotera, generally on a 50-50 basis (other than trench products sold to
  Qimonda during a ramp-down period).  If MNL's and NTC's relative
  ownership in Inotera changes, the allocation of such output may be
  adjusted.  The Joint Venture Agreement also imposes certain
  restrictions on the transfer by the parties of shares in Inotera and prohibits
  acquisitions of shares in Inotera by the parties from third
  parties.
  The Joint
  Venture Agreement contains buy/sell arrangements in the event of: (i) breach by
  a party of the terms of the Joint Venture Agreement, (ii) deadlock between the
  parties after following the procedures set forth in the Joint Venture Agreement,
  and (iii) one party's ownership in Inotera falling below certain thresholds
  relative to the other party's ownership.
  Neither
  MNL nor NTC is required to contribute capital to Inotera.
  2
  Facilitation
  Agreement
  Micron,
  NTC and Inotera entered into a Facilitation Agreement, pursuant to which Inotera
  agrees to take certain actions, subject to, in some cases, applicable laws,
  approvals of board of directors and/or shareholders' meeting, to fully
  effectuate the intent of MNL and NTC under the Joint Venture Agreement with
  respect to, among other things, the nomination of executive officers and rights
  and obligations to the output of Inotera.
  Micron
  Guaranty
  Micron
  and NTC entered into a Micron Guaranty Agreement pursuant to which Micron
  guarantees, for the benefit of NTC, MNL's performance under the Joint Venture
  Agreement.
  Supply
  Agreement
  Micron
  and NTC entered into a Supply Agreement with Inotera (the "Supply Agreement")
  pursuant to which Inotera will sell to Micron and NTC trench and stack DRAM
  products manufactured by Inotera.  Inotera will sell to Micron and NTC all
  of the trench DRAM products manufactured by it other than trench DRAM products
  that are sold by Inotera to Qimonda pursuant to a separate supply agreement
  between Inotera and Qimonda (the "Qimonda Supply Agreement").  Under
  the Qimonda Supply Agreement, Qimonda is obligated to purchase trench DRAM
  products started for it by Inotera during the eight months following the Second
  Closing in accordance with a ramp down schedule specified in the Qimonda Supply
  Agreement.  Initially, (a) with respect to trench DRAM products, (i)
  NTC will purchase the products resulting from 50% of Inotera's aggregate trench
  DRAM manufacturing capacity and (ii) Micron will purchase the products resulting
  from 50% of Inotera's aggregate trench DRAM manufacturing capacity less the
  trench DRAM products contemplated to be purchased by Qimonda pursuant to the
  Qimonda Supply Agreement and (b) with respect to stack DRAM products, (i) NTC
  will purchase the products resulting from 50% of the aggregate stack DRAM
  manufacturing capacity and (ii) Micron will purchase the products resulting from
  50% of the aggregate stack DRAM manufacturing capacity.  Although the
  respective output percentages of Micron and NTC are initially 50/50, the output
  percentages may be adjusted if the relative ownership of MNL and NTC in Inotera
  changes.  The pricing formula that determines the amounts to be paid by
  each of Micron and NTC for DRAM products under the Supply Agreement takes into
  account manufacturing costs and margins associated with the products purchased.
   Following a buy-out under the Joint Venture Agreement, the Supply
  Agreement will generally continue with respect to the party that was bought out
  for up to 12 months.
  Amended
  and Restated Joint Development Program Agreement
  Micron
  and NTC entered into an Amended and Restated Joint Development Program Agreement
  (the "JDP Agreement") that amends that certain Joint Development Program
  Agreement, between Micron and NTC dated April 21, 2008, entered into in
  connection with the formation of MeiYa (the "Original JDP
  Agreement").  Pursuant to the JDP Agreement, the parties will jointly
  develop process technology for the manufacture of stack DRAM products and
  designs for stack DRAM products.  Absent the occurrence of certain
  early termination events, the JDP Agreement will remain in effect for at least
  10 years from the date of the Original JDP Agreement.
  All
  inventions conceived in connection with the joint development program will be
  allocated between Micron and NTC pursuant to mechanisms set forth in the JDP
  Agreement and the TTA (as defined below), transferred to Inotera pursuant to
  mechanisms set forth in the TTA, or will be jointly owned by Micron and
  NTC.
  Research
  and development under the JDP Agreement will be conducted jointly by Micron and
  NTC and possibly Inotera.  After the research and development costs
  exceed a specified amount, those costs will be shared approximately equally by
  the parties.  It is expected that such sharing will begin in
  approximately two years from the date of the Original JDP
  Agreement.
  Technology
  Transfer Agreement
  Micron,
  NTC and Inotera entered into a Technology Transfer Agreement (the "TTA"),
  pursuant to which Micron and NTC will transfer to Inotera certain information
  and deliverables relating to technology for the manufacture of stack DRAM
  products on process nodes of less than 50nm that are developed pursuant to the
  JDP Agreement.
  Amended
  and Restated Technology Transfer and License Agreement
  Micron
  and NTC entered into an Amended and Restated Technology Transfer and License
  Agreement (the "TTL Agreement") that amends that certain Technology Transfer and
  License Agreement, between Micron and NTC dated April 21, 2008, entered into in
  connection with the formation of MeiYa.  Pursuant to the TTL Agreement,
  3
  Micron is
  licensing to NTC the right to use technologies relating to the manufacture of
  stack DRAM products for specified purposes, including relating to the
  manufacture of stack DRAM products on nodes of less than 50nm, and to have
  Inotera manufacture such products.  In addition, under this agreement
  NTC is licensing to Micron the right to use technologies relating to DRAM
  products for certain specified purposes.  NTC will pay Micron
  royalties for its license from Micron.
  The
  foregoing description of the transactions consummated pursuant to the Master
  Agreement and the Joint Venture Agreement is only a summary, does not purport to
  be complete and is qualified in its entirety by reference to the agreements
  related to the Master Agreement and the Joint Venture Agreement, which will be
  filed as exhibits to a future periodic or current report.
  Loan
  Agreements
  Nan
  Ya Plastics Loan Agreement
  In
  connection with the Share Purchase Transactions, on November 26, 2008, Micron
  and its subsidiary MNL entered into a loan agreement with NPC pursuant to which
  NPC made a loan to MNL (the "NPC Loan") in the principal amount of $200.0
  million (the "NPC Loan Agreement").  The proceeds of the NPC Loan were
  used to pay the purchase price for the Second Closing Shares of Inotera at the
  Second Closing under the Purchase Agreement.  Pursuant to the NPC Loan
  Agreement, Micron has guaranteed the NPC Loan.  The loan bears
  interest at 3-month LIBOR plus 2%.  The NPC Loan is secured by a
  pledge of the shares of common stock of Inotera held by MNL and by Micron
  Technology Asia Pacific, Inc. ("MTT").
  The NPC
  Loan matures on November 26, 2009 and is expected to be refinanced with a new
  loan (the "New Loan") in the same principal amount with a maturity date of
  November 26, 2010 pursuant to commitments by NPC to obtain for MNL or by NTC to
  provide or obtain for MNL such New Loan.  The failure of MNL to obtain
  the New Loan and to repay the NPC Loan on the maturity date due to causes not
  attributable to Micron, MNL, or MTT, shall not constitute a payment event of
  default under the NPC Loan Agreement.
  The NPC
  Loan Agreement contains customary affirmative covenants including further
  assurances, compliance with laws, payment of taxes, maintenance of insurance and
  properties and notice of defaults or events of default.  The events of
  default under the NPC Loan Agreement include the failure to pay principal,
  interest or other amounts due under the NPC Loan Agreement and related pledge
  agreement beyond specified grace periods, the failure to perform material
  obligations or covenants under the NPC Loan Agreement and related pledge
  agreement beyond a specified grace period and bankruptcy and insolvency events
  with respect to Micron or MNL.
  NPC is an
  affiliate of NTC.  MNL and NTC are parties to the Joint Venture
  Agreement and the Terminating Joint Venture Agreement.
  The
  foregoing description of the NPC Loan Agreement is only a summary, does not
  purport to be complete and is qualified in its entirety by reference to the
  agreements related to the NPC Loan Agreement, which will be filed as exhibits to
  a future periodic or current report.
  Inotera
  Loan Agreement
  On
  November 26, 2008, Micron entered into a loan agreement with Inotera pursuant to
  which Inotera made a loan (the "Inotera Loan") to Micron in the principal amount
  of $85.0 million (the "Inotera Loan Agreement").  The Inotera Loan
  bears interest at 3-month LIBOR plus 2% and matures on May 26,
  2009.  The proceeds of the Inotera Loan are to be used for general
  corporate purposes.  The Inotera Loan is secured by a pledge of
  quarterly license fees payable to Micron under the Technology Transfer and
  License Agreement for 68-50nm Process Nodes between Micron and NTC that was
  reported on Micron's Form 8-K filed on April 23, 2008.
  The
  events of default under the Inotera Loan Agreement include Micron's failure to
  pay principal, interest or other amounts due under the Inotera Loan Agreement
  and related pledge agreement beyond specified grace periods, Micron's failure to
  perform its material obligations or covenants under the Inotera Loan Agreement
  and related pledge agreement beyond a specified grace period and bankruptcy and
  insolvency events with respect to Micron.
  As
  described above, Micron, through its subsidiaries, owns approximately 35.61% of
  the common stock of Inotera and Micron's subsidiary, MNL, is party to the Joint
  Venture Agreement.
  4
  The
  foregoing description of the Inotera Loan Agreement is only a summary, does not
  purport to be complete and is qualified in its entirety by reference to the
  agreements related to the Inotera Loan Agreement, which will be filed as
  exhibits to a future periodic or current report.
  Item
        1.02.
  Termination
        of a Material Definitive Agreement.
  Terminating
  Agreements
  Set forth
  below are brief descriptions of the material agreements being terminated
  pursuant to the Master Agreement (as defined in Item 1.01 above).
  Terminating
  Master Agreement.
  The
  Terminating Master Agreement addressed certain agreements entered into in
  connection with the establishment and operation of MeiYa and the transfers and
  licenses of intellectual property and the operation of the joint development
  program.  These agreements, which governed the rights and obligations
  of each of Micron, MNL, NTC and MeiYa, included a joint venture agreement
  between MNL and NTC related to MeiYa, a guaranty agreement by Micron for the
  benefit of NTC, a supply agreement among Micron, NTC and MeiYa, a joint stack
  DRAM process technology and product design development agreement between Micron
  and NTC, various technology transfer and licensing agreements among Micron, NTC
  and MeiYa, and a non-suit agreement between Micron and NTC.
  Terminating
  Joint Venture Agreement.
  The
  Terminating Joint Venture Agreement governed the rights and obligations of the
  parties in connection with the operation of MeiYa.
  Pursuant
  to the Terminating Master Agreement and the Terminating Joint Venture Agreement,
  MNL and NTC each were to contribute NT$ 1.2 billion (which was expected to be
  approximately equivalent to US$40 million) in cash to MeiYa at the closing of
  the joint venture transaction.  The parties each committed to
  contribute the NT$ equivalent of an additional US$510 million prior to December
  31, 2009.
  The
  parties initially were to appoint an equal number of directors to the Board of
  Directors of MeiYa.  The number of directors appointed by each party
  adjusted depending upon the parties' ownership interest in
  MeiYa.  Actions to be authorized by the Board of Directors required
  approval by a supermajority vote.  Subject to certain terms and
  conditions, NTC and MNL each were to appoint an executive officer, which
  officers were to serve at the pleasure of the Board of Directors.
  The
  Terminating Joint Venture Agreement provided that Micron and NTC would purchase
  all of the output of MeiYa generally in proportion to their relative direct or
  indirect ownership in MeiYa. The Terminating Joint Venture Agreement also
  imposed certain restrictions on the transfer by the parties of shares in
  MeiYa.
  The
  Terminating Joint Venture Agreement contained buy/sell arrangements in the event
  of: (i) a failure by one of the parties to contribute the capital required by
  the Terminating Joint Venture Agreement, (ii) breach by a party of the terms of
  the Terminating Joint Venture Agreement, (iii) deadlock between the parties
  after following the procedures set forth in the Terminating Joint Venture
  Agreement, and (iv) one party's ownership in MeiYa falling below certain
  thresholds relative to the other party's ownership.
  Terminating
  Supply Agreement.
  Pursuant
  to the Terminating Supply Agreement, MeiYa was to sell to Micron and NTC all of
  the stack DRAM products manufactured by MeiYa.  Micron and NTC were to
  have the same rights in all material respects under the Terminating Supply
  Agreement except for the percentage of MeiYa's output to be purchased, which was
  to be consistent generally with the parties' relative direct or indirect
  ownership position in MeiYa.  Each of Micron and NTC were initially
  allocated 50% of the output of MeiYa.  Generally, the Terminating
  Supply Agreement was to continue for up to 12 months following a buy-out under
  the Terminating Joint Venture Agreement.
  5
  Terminating
  TTA.
  Pursuant
  to the Terminating TTA, Micron and NTC agreed to transfer to MeiYa certain
  information and deliverables relating to technology for the manufacture of stack
  DRAM products on process nodes of less than 50nm that are developed pursuant to
  the Terminating JDP Agreement.
  Terminating
  TTA 68-50.
  Pursuant
  to the Terminating TTA 68-50, Micron agreed to transfer to MeiYa certain
  information and deliverables relating to technology for the manufacture of stack
  DRAM products on 68nm and 50nm process nodes.  Pursuant to the Master
  Agreement, MeiYa will not be required to pay Micron its $50 million technology
  transfer payment obligation under the Terminating TTA 68-50 if Inotera timely
  makes its $50 million technology transfer payment under the Inotera
  TTA.
  The
  foregoing description of the transactions consummated pursuant to the Master
  Agreement is only a summary, does not purport to be complete and is qualified in
  its entirety by reference to the agreements related to the Master Agreement,
  which will be filed as exhibits to a future periodic or current
  report.
  Item
        2.03.
  Creation
        of a Direct Financial Obligation or an Obligation under an Off-Balance
        Sheet Arrangement of a Registrant.
  The
  information regarding the Inotera Loan Agreement and the NPC Loan Agreement set
  forth in Item 1.01 hereof is incorporated by reference into this Item
  2.03.
  Item
        8.01.
  Other
        Events.
  See the
  introductory text preceding Item 1.01 above which is hereby incorporated by
  reference.
  6
  SIGNATURE
  Pursuant
  to the requirements of the Securities Exchange Act of 1934, the Registrant has
  duly caused this report to be signed on its behalf by the undersigned hereunto
  duly authorized.
  MICRON
        TECHNOLOGY, INC.
  Date:
  November
        26, 2008
  By:
  /s/
        Roderic W. Lewis
  Name:
  Roderic
        W. Lewis
  Title:
  Vice
        President of Legal Affairs, General Counsel and Corporate
        Secretary
  7