Exhibit 10.29


December 12, 2001



Mr. William W. Staunton, III
1850 Ramtron Drive
Colorado Springs, Colorado  80921

Dear Mr. Staunton:

I am pleased to confirm Ramtron's extension of your employment contract for
your continuation in the position of Chief Executive Officer of Ramtron
International Corporation.

The following are the essential points of our arrangement:

1.  Your salary shall be $250,000.00 annually, paid semi-monthly.

2.  The terms and conditions of the contract entered into between you and
    Ramtron dated January 31, 2001 shall remain the same with the contract
    term ending December 31, 2003.

3.  It is understood that your current stock option allotment will continue to
    be priced and vest at their existing rates.

We very much look forward to your continued employment with Ramtron and feel
your leadership will be significant in achieving our overall objectives.

Please sign and return one of the originals of this extension offer indicating
your acceptance.

Sincerely,                          I accept this offer.


/S/ LuAnn D. Hanson                 /S/ William W. Staunton, III
-----------------------             ----------------------------
LuAnn D. Hanson                     William W. Staunton, III
Chief Financial Officer and         Chief Executive Officer
Vice President of Finance

LDH/klb

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