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Actionable news in EZCH: EZchip Semiconductor Limited,

EZchip Semiconductor: 26 Hakidma St. Mellanox Bldg

The following excerpt is from the company's SEC filing.

Yokneam 2069200, Israel

Tel: (972) 4-909-7200

Fax: (972) 4-959-3245

EZchip Semiconductor Ltd.

1 Hatamar Street, PO Box 527

Yokneam 20692, Israel

Benny Hanigal, Chairman of the Board

Eli Fruchter, Chief Executive Officer

Dror Israel, Chief Financial Officer

Gentlemen,

Re:

Postponement of

Merger Vote and Proposal to Amend Merger Agreement

Reference is hereby made to the Agreement of Merger (the “

”) dated September 30, 2015, by and among Mellanox Technologies, Ltd. (“

”), Mondial Europe Sub Ltd. and EZchip Semiconductor Ltd. (“

”). Capitalized terms used in this letter and not otherwise defined herein shall have the meaning ascribed to them in the Agreement.

Pursuant to Section 6.3(a) of the Agreement, Mellanox hereby requests that EZchip postpone the vote on the Merger Proposal and remove the approval of the Merger Proposal from the agenda of EZchip’s Annual General Meeting scheduled to be held on November 12, 2015.

In addition, although Mellanox believes it has proposed a full and fair price for the acquisition of EZchip, in light of allegations raised by certain EZchip shareholders regarding the sale process, and subject to the execution of an...


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