Exhibit 5.2
INTERNAL REVENUE SERVICE DEPARTMENT OF THE TREASURY
P.O. BOX 2508
CINCINNATI, OH 45201
Employer Identification Number:
Date: June 05 2000 25-1799439
DLN:
CONEXANT SYSTEMS INC 17007068008020
C/O THEODORE J HUBER Person to Contact:
1671 WORCESTER RD STE 300 RUTH CHEN ID# 95048
FRAMINGHAM, MA 01701 Contact Telephone Number:
(877) 829-5500
Plan Name:
CONEXANT SYSTEMS INC HOURLY
EMPLOYEE'S SAVINGS PLAN
Plan Number: 002
Dear Applicant:
We have made a favorable determination on your plan, identified above,
based on the information supplied. Please keep this letter in your permanent
records.
Continued qualification of the plan under its present form will depend
on its effect in operation. (See section 1.401-1(b)(3) of the Income Tax
Regulations.) We will review the status of the plan in operation periodically.
The enclosed document explains the significance of this favorable
determination letter, points out some events that may affect the qualified
status of your employee retirement plan, and provides information on the
reporting requirements for your plan. It also describes some events that
automatically nullify it. It is very important that you read the publication.
This letter relates only to the status of your plan under the Internal
Revenue Code. It is not a determination regarding the effect of other federal
or local statutes.
This determination is subject to your adoption of the proposed amendments
submitted in your letter dated 05-23-00. The proposed amendments
should be adopted on or before the date prescribed by the regulations under
Code section 401(b).
This determination letter is applicable for the plan adopted on
10-29-99.
This plan satisfies the minimum coverage and nondiscrimination require-
ments of sections 410(b) and 401(a)(4) of the Code because the plan benefits
only collectively bargained employees or employees treated as collectively
bargained employees.
This letter considers the changes in the qualifications requirements made
by the Uruguay Round Agreements Act (GATT), Pub. L. 103-465, and the Taxpayer
Relief Act of 1997, Pub. L. 105-34, and the changes in the qualifications
requirements made by the Small Business Job Protection Act of 1996, Pub. L.
<PAGE>
-2-
CONEXANTS SYSTEMS INC
104-188, that are effective before the first day of the first plan year
beginning after December 31, 1998.
The information on the enclosed Publication 794 is an integral part of
this determination. Please be sure to read and keep it with this letter.
The requirement for employee benefits plans to file summary plan
descriptions (SPD) with the U.S. Department of Labor was eliminated effective
August 5, 1997. For more details, call 1-800-998-7542 for a free copy of the
SPD card.
We have sent a copy of this letter to your representative as indicated in
the power of attorney.
If you have questions concerning this matter, please contact the person
whose name and telephone number are shown above.
Sincerely yours,
/s/ Carol Gold
Carol D. Gold
Director, Employee Plans
Enclosures:
Publication 794
