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Item 15. Exhibits, Financial Statement Schedules

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Item 15. Exhibits, Financial Statement Schedules

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(a)The following documents are filed as part of this Annual Report on Form 10-K
  1. Index to Financial Statements
Page
Consolidated Statements of Operations — Years Ended June 28, 2015, June 29, 2014, and June 30, 201349
Consolidated Statements of Comprehensive Income — Years Ended June 28, 2015, June 29, 2014, and June 30, 201350
Consolidated Balance Sheets — June 28, 2015 and June 29, 201451
Consolidated Statements of Cash Flows — Years Ended June 28, 2015, June 29, 2014, and June 30, 201352
Consolidated Statements of Stockholders’ Equity — Years Ended June 28, 2015, June 29, 2014, and June 30, 201354
Notes to Consolidated Financial Statements55
Reports of Independent Registered Public Accounting Firm89
2. Index to Financial Statement Schedules
Schedule II — Valuation and Qualifying Accounts96
Schedules, other than those listed above, have been omitted since they are not applicable/not required, or the information is included elsewhere herein.
3. See (b) of this Item 15, which is incorporated herein by reference.
(b)The list of Exhibits follows page 96 of this 2015 Annual Report on Form 10-K and is incorporated herein by this reference.
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SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized.

LAM RESEARCH CORPORATION
By/s/ Martin B. Anstice
Martin B. Anstice
President and Chief Executive Officer

Dated: August 13, 2015

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POWER OF ATTORNEY AND SIGNATURES

By signing this Annual Report on Form 10-K below, I hereby appoint each of Martin B. Anstice and Douglas R. Bettinger, jointly and severally, as my attorney-in-fact to sign all amendments to this Form 10-K on my behalf, and to file this Form 10-K (including all exhibits and other related documents) with the Securities and Exchange Commission. I authorize each of my attorneys-in-fact to (1) appoint a substitute attorney-in-fact for himself and (2) perform any actions that he believes are necessary or appropriate to carry out the intention and purpose of this Power of Attorney. I ratify and confirm all lawful actions taken directly or indirectly by my attorneys-in-fact and by any properly appointed substitute attorneys-in-fact.

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, this Report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.

SignaturesTitleDate
Principal Executive Officer
/s/ Martin B. Anstice Martin B. AnsticePresident, Chief Executive Officer and DirectorAugust 13, 2015
Principal Financial Officer and Principal Accounting Officer
/s/ Douglas R. Bettinger Douglas R. BettingerExecutive Vice President, Chief Financial Officer, and Chief Accounting OfficerAugust 13, 2015
Other Directors /s/ Stephen G. Newberry Stephen G. NewberryChairmanAugust 13, 2015
/s/ Eric K. Brandt Eric K. BrandtDirectorAugust 13, 2015
/s/ Michael R. Cannon Michael R. CannonDirectorAugust 13, 2015
/s/ Youssef A. El-Mansy Youssef A. El-MansyDirectorAugust 13, 2015
/s/ Christine Heckart Christine HeckartDirectorAugust 13, 2015
/s/ Grant M. Inman Grant M. InmanDirectorAugust 13, 2015
/s/ Catherine P. Lego Catherine P. LegoDirectorAugust 13, 2015
/s/ Krishna Saraswat Krishna SaraswatDirectorAugust 13, 2015
/s/ William R. Spivey William R. SpiveyDirectorAugust 13, 2015
/s/ Abhi Talwalkar Abhi TalwalkarDirectorAugust 13, 2015
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LAM RESEARCH CORPORATION

SCHEDULE II — VALUATION AND QUALIFYING ACCOUNTS

(in thousands)

Additions
DescriptionBalance at Beginning of PeriodCharged to Costs and ExpensesWrite-offs, Net of Recoveries (1)Balance at End of Period
YEAR ENDED JUNE 28, 2015
Deducted from asset accounts:
Allowance for doubtful accounts$4,962$8$(80)$4,890
YEAR ENDED JUNE 29, 2014
Deducted from asset accounts:
Allowance for doubtful accounts$5,448$14$(500)$4,962
YEAR ENDED JUNE 30, 2013
Deducted from asset accounts:
Allowance for doubtful accounts$5,248$200$—$5,448
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LAM RESEARCH CORPORATION

ANNUAL REPORT ON FORM 10-K

FOR THE FISCAL YEAR ENDED JUNE 28, 2015

EXHIBIT INDEX

ExhibitDescription
3.1(2)Certificate of Incorporation of the Registrant, dated September 7, 1989; as amended by the Agreement and Plan of Merger, Dated February 28, 1990; the Certificate of Amendment dated October 28, 1993; the Certificate of Ownership and Merger dated December 15, 1994; the Certificate of Ownership and Merger dated June 25, 1999 and the Certificate of Amendment effective as of March 7, 2000; and the Certificate of Amendment effective as of November 5, 2009.
3.2(15)Bylaws of the Registrant, as amended and restated, dated November 7, 2014.
3.3(2)Certificate of Designation, Preferences and Rights of Series A Junior Participating Preferred Stock dated January 30, 1997.
4.1(7)Indenture (including Form of Notes), dated as of May 11, 2011, by and between Lam Research Corporation, and The Bank of New York Mellon Trust Company, N.A, as trustee, with respect to the 2016 Notes
4.2(7)Indenture (including Form of Notes), dated as of May 11, 2011, by and between Lam Research Corporation, and The Bank of New York Mellon Trust Company, N.A, as trustee, with respect to the 2018 Notes
4.14(4)*Lam Research Corporation 2004 Executive Incentive Plan, as amended.
4.15(27)*Lam Research Corporation 2007 Stock Incentive Plan, as amended.
4.16(8)*Lam Research Corporation Elective Deferred Compensation Plan.
4.17(8)*Lam Research Corporation Elective Deferred Compensation Plan II.
4.18(9)Indenture between Novellus Systems, Inc. as Issuer and The Bank of New York Mellon Trust Company, N.A. as Trustee, dated as of May 10, 2011, including the form of 2.625% Senior Convertible Notes due 2041.
4.19(6)Supplemental Indenture among the Registrant, as Guarantor, Novellus Systems, Inc. as Issuer and The Bank of New York Mellon Trust Company, N.A. as Trustee, dated as of June 4, 2012.
4.20(16)*Lam Research Corporation 1999 Employee Stock Purchase Plan, as amended.
4.21(23)Indenture (including Form of Notes), dated as of February 13, 2015, between Registrant and The Bank of New York Mellon Trust Company, N.A.
4.22(25)First Supplemental Indenture, dated as of March 12, 2015, by and between Lam Research Corporation and The Bank of New York Mellon Trust Company, N.A., as trustee
10.3(1)*Form of Indemnification Agreement.
10.107(3)Form of Restricted Stock Unit Award Agreement—Outside Directors (U.S. Agreement) — Lam Research Corporation 2007 Stock Incentive Plan.
10.108(3)Form of Restricted Stock Unit Award Agreement—Outside Directors (non-U.S. Agreement) — Lam Research Corporation 2007 Stock Incentive Plan.
10.148(5)*Form of Indemnification Agreement.
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ExhibitDescription
10.151(6)*Form of Indemnification Agreement.
10.162(10)*Form of Novellus Directors and Officers Indemnification Agreement.
10.168(11)Lease Guaranty between Novellus and Phoenix Industrial Investment Partners, L.P. dated January 21, 2003.
10.169(12)Binding Memorandum of Understanding between Novellus, and Applied Materials, Inc., effective as of September 3, 2004. Portions of this exhibit have been omitted pursuant to a request for confidential treatment.
10.170(13)*Novellus Amended Executive Voluntary Deferred Compensation Plan, as amended.
10.171(14)*Novellus Accelerated Stock Vesting Retirement Plan Summary.
10.172(17)*Novellus Systems, Inc. 2011 Stock Incentive Plan, as amended July 18, 2012.
10.181(18)*Form of Restricted Stock Unit Award Agreement (U.S. Participants) — Lam Research Corporation 2007 Stock Incentive Plan
10.182(18)*Form of Restricted Stock Unit Award Agreement (International Participants) — Lam Research Corporation 2007 Stock Incentive Plan
10.183(18)*Form of Nonstatutory Stock Option Award Agreement (U.S. Participants) — Lam Research Corporation 2007 Stock Incentive Plan
10.184(18)*Form of Nonstatutory Stock Option Award Agreement (International Participants) — Lam Research Corporation 2007 Stock Incentive Plan
10.187(18)*Form of Restricted Stock Unit Award Agreement (U.S. Participants) — Lam Research Corporation (Novellus Systems, Inc.) 2011 Stock Incentive Plan (As Amended)
10.188(18)*Form of Restricted Stock Unit Award Agreement (International Participants) — Lam Research Corporation (Novellus Systems, Inc.) 2011 Stock Incentive Plan (As Amended)
10.189(18)*Form of Nonstatutory Stock Option Award Agreement (U.S. Participants) — Lam Research Corporation (Novellus Systems, Inc.) 2011 Stock Incentive Plan (As Amended)
10.191(18)*Form of Nonstatutory Stock Option Award Agreement (International Participants) — Lam Research Corporation (Novellus Systems, Inc.) 2011 Stock Incentive Plan (As Amended)
10.194(18)Participation Agreement between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
10.195(18)Amended and Restated Lease Agreement (1 Portola Avenue Building) between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
10.196(18)Pledge Agreement (1 Portola Avenue Building) between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
10.197(18)Amended and Restated Lease Agreement (101 Portola Avenue Building) between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
10.198(18)Pledge Agreement (101 Portola Avenue Building) between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
10.199(18)Amended and Restated Lease Agreement (Fremont Building #1) between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
10.200(18)Pledge Agreement (Fremont Building #1) between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
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ExhibitDescription
10.201(18)Amended and Restated Lease Agreement (Fremont Building #3) between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
10.202(18)Pledge Agreement (Fremont Building #3) between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
10.203(18)Amended and Restated Lease Agreement (Fremont Building #3E) between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
10.204(18)Pledge Agreement (Fremont Building #3E) between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
10.205(18)Amended and Restated Lease Agreement (Fremont Building #4) between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
10.206(18)Pledge Agreement (Fremont Building #4) between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
10.207(18)Construction Agency Agreement (Fremont Building #3E) between Lam Research Corporation and BTMU Capital Leasing & Finance, Inc., dated December 31, 2013
10.211(19)*Form of Market-Based Performance Restricted Stock Unit Award Agreement (U.S. Participants) — Lam Research Corporation 2007 Stock Incentive Plan
10.212(19)*Form of Market-Based Performance Restricted Stock Unit Award Agreement (International Participants)—Lam Research Corporation 2007 Stock Incentive Plan
10.213(19)*Form of Market-Based Performance Restricted Stock Unit Award Agreement (U.S. Participants) — Lam Research Corporation (Novellus Systems, Inc.) 2011 Stock Incentive Plan (As Amended)
10.214(19)*Form of Market-Based Performance Restricted Stock Unit Award Agreement (International Participants) — Lam Research Corporation (Novellus Systems, Inc.) 2011 Stock Incentive Plan (As Amended)
10.221(20)Credit Agreement dated March 12, 2014 among Lam Research Corporation and the lenders party thereto, JPMorgan Chase Bank, N.A., as administrative agent, Bank of America, N.A., as syndication agent, BNP Paribas, Barclays Bank PLC, Citibank, N.A. and Deutsche Bank Securities Inc., as co-documentation agents, and J.P. Morgan Securities LLC, Merrill Lynch, Pierce, Fenner & Smith Incorporated, as joint bookrunners and joint lead arrangers
10.231(21)*Employment Agreement with Martin B. Anstice, dated January 13, 2015
10.232(21)*Employment Agreement with Timothy M. Archer, dated January 13, 2015
10.233(21)*Employment Agreement with Douglas R. Bettinger, dated January 13, 2015
10.234(21)*Employment Agreement with Richard A. Gottscho, dated January 13, 2015
10.235(21)*Form of Change in Control Agreement.
10.236(22)Chairman’s Agreement with Stephen G. Newberry, dated January 13, 2015
10.237(22)Form of Confidentiality Agreement
10.242(24)First Amendment to Credit Agreement dated March 5, 2015 among Lam Research Corporation, the lenders party thereto and JPMorgan Chase Bank N.A., as administrative agent
20.1(26)Notices of Adjustment of Conversion Rate pursuant to the Indentures dated May 11, 2011, by and between Lam Research Corporation and The Bank of New York Mellon Trust Company, N.A. as Trustee with respect to the 0.500% Senior Convertible Notes Due 2016 and the 1.250% Senior
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ExhibitDescription
Convertible Notes Due 2018, and Notice of Adjustment of Conversion Rate pursuant to the indenture dated May 10, 2011, by and between Novellus Systems Incorporated and The Bank of New York Mellon Trust company, N.A. as Trustee with respect to the 2.625% Senior Convertible Notes Due 2041.
21Subsidiaries of the Registrant.
23.1Consent of Independent Registered Public Accounting Firm.
24Power of Attorney (See Signature page)
31.1Rule 13a — 14(a) / 15d — 14(a) Certification (Principal Executive Officer)
31.2Rule 13a — 14(a) / 15d — 14(a) Certification (Principal Financial Officer)
32.1Section 1350 Certification — (Principal Executive Officer)
32.2Section 1350 Certification — (Principal Financial Officer)
101XBRL Instance Document
101XBRL Taxonomy Extension Schema Document
101XBRL Taxonomy Extension Calculation Linkbase Document
101XBRL Taxonomy Extension Definition Linkbase Document
101XBRL Taxonomy Extension Label Linkbase Document
101XBRL Taxonomy Extension Presentation Linkbase Document
(1)Incorporated by reference to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended April 3, 1988 (SEC File No. 000-12933).
(2)Incorporated by reference to Registrant’s Amendment No. 2 to its Annual Report on Form 10K/A filed on May 2, 2001, and Registrant’s Current Report on Form 8-K filed on November 10, 2009 (SEC File No. 000-12933).
(3)Incorporated by reference to Registrant’s Quarterly Report on Form 10-Q filed on April 30, 2007 (SEC File No. 000-12933).
(4)Incorporated by reference to Registrant’s Annual Report on Form 10-K filed on August 23, 2010 (SEC File No. 000-12933).
(5)Incorporated by reference to Registrant’s Current Report on Form 8-K filed on November 13, 2008 (SEC File No. 000-12933).
(6)Incorporated by reference to Registrant’s Current Report on Form 8-K filed on June 4, 2012 (SEC File No. 000-12933).
(7)Incorporated by reference to Registrant’s Current Report on Form 8-K filed on May 11, 2011 (SEC File No. 000-12933).
(8)Incorporated by reference to Registrant’s Annual Report on Form 10-K filed on August 19, 2011 (SEC File No. 000-12933)
(9)Incorporated by reference to Novellus’ Current Report on Form 8-K filed on May 10, 2011 (SEC File No. 000-17157).
(10)Incorporated by reference to Novellus’ Current Report on Form 10-Q filed on August 13, 2002 (SEC File No. 000-17157).
(11)Incorporated by reference to Novellus’ Annual Report on Form 10-K filed on March 5, 2003 (SEC File No. 000-17157).
(12)Incorporated by reference to Novellus’ Current Report on Form 8-K filed on September 24, 2004 (SEC File No. 000-17157).
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(13)Incorporated by reference to Novellus’ Report on Form 10-Q filed on November 5, 2008 (SEC File No. 000-17157).
(14)Incorporated by reference to Novellus’ Quarterly Report on Form 10-Q filed on November 2, 2010 (SEC File No. 000-17157).
(15)Incorporated by reference to Registrant’s Current Report on Form 8-K filed on November 12, 2014 (SEC File No. 000-12933).
(16)Incorporated by reference to Registrant’s Quarterly Report on Form 10-Q filed on January 31, 2013 (SEC File No. 000-12933).
(17)Incorporated by reference to Registrant’s Annual Report on Form 10-K filed on August 22, 2012 (SEC File No. 000-12933).
(18)Incorporated by reference to Registrant’s Quarterly Report on Form 10-Q filed on February 6, 2014 (SEC File No. 000-12933).
(19)Incorporated by reference to the Registrant’s Current Report on Form 8-K filed on February 18, 2014 (SEC File No. 000-12933).
(20)Incorporated by reference to the Registrant’s Current Report on Form 8-K filed on March 13, 2014 (SEC File No. 000-12933).
(21)Incorporated by reference to the Registrant’s Current Report on Form 8-K filed on January 16, 2015 (SEC File No. 000-12933).
(22)Incorporated by reference to the Registrant’s Quarterly Report on Form 10-Q filed on February 3, 2015 (SEC File No. 000-12933).
(23)Incorporated by reference to the Registrant’s Registration Statement on Form S-3 filed on February 13, 2015 (SEC File No. 333-202110).
(24)Incorporated by reference to the Registrant’s Current Report on Form 8-K filed on March 11, 2015 (SEC File No. 000-12933).
(25)Incorporated by reference to the Registrant’s Current Report on Form 8-K filed on March 12, 2015 (SEC File No. 000-12933).
(26)Incorporated by reference to the Registrant’s Current Report on Form 8-K filed on June 16, 2015 (SEC File No. 000-12933).
(27)Incorporated by reference to Registrant’s Annual Report on Form 10-K filed on August 27, 2013 (SEC File No. 000-12933)
*Indicates management contract or compensatory plan or arrangement in which executive officers of the Company are eligible to participate.

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