Item 1.02 Termination of a Material Definitive Agreement.
On March 27, 2009 Lam Research Corporation (the "Company") paid the outstanding
principal balance of $237.5 million of its existing long-term debt with ABN AMRO
Bank N.V. ("ABN AMRO") using existing cash balances. There were no penalties
associated with the payment. The originally scheduled remaining principal
repayment terms were (a) $12.5 million due in each of the June 2009 and
December 2009 quarters and (b) the outstanding remaining principal amount of
$212.5 million due on March 3, 2010. In connection with the payment, the parties
agreed to terminate the Credit Agreement and related Collateral Documents. ABN
AMRO continues to be a participant in the Company's operating leases with BNP
Paribas Leasing Corporation and continues to provide banking services to the
Company for customary fees.