EX-10.1



 Exhibit 10.1 

FUSION-IO, INC. 

CONSULTING AGREEMENT 

This Consulting Agreement (this “Agreement”) is made and entered into as of February 11, 2014 (the
“Effective Date”) by and between Fusion-io, Inc., a Delaware corporation (the “Company”), and Shawn Lindquist (“Consultant”) (each herein referred to individually as a
“Party,” or collectively as the “Parties”). 
 The Company desires to retain Consultant as
an independent contractor to perform consulting services for the Company, and Consultant is willing to perform such services, on the terms described below. In consideration of the mutual promises contained herein, the Parties agree as follows: 

 

	 	1.	Services and Compensation 

 Consultant shall perform the services described in Exhibit
A (the “Services”) for the Company (or its designee), and the Company agrees to pay Consultant the compensation described in Exhibit A for Consultant’s performance of the Services. 

 

	 	2.	Confidentiality 

 A. Definition of Confidential Information.
“Confidential Information” means any information (including any and all combinations of individual items of information) that relates to the actual or anticipated business and/or products, research or development of the
Company, its affiliates or subsidiaries, or to the Company’s, its affiliates’ or subsidiaries’ technical data, trade secrets, or knowhow, including, but not limited to, research, product plans, or other information regarding the
Company’s, its affiliates’ or subsidiaries’ products or services and markets therefor, customer lists and customers (including, but not limited to, customers of the Company on whom Consultant called or with whom Consultant became
acquainted during the term of this Agreement), software, developments, inventions, discoveries, ideas, processes, formulas, technology, designs, drawings, engineering, hardware configuration information, marketing, finances, and other business
information disclosed by the Company, its affiliates or subsidiaries, either directly or indirectly, in writing, orally or by drawings or inspection of premises, parts, equipment, or other property of Company, its affiliates or subsidiaries.
Notwithstanding the foregoing, Confidential Information shall not include any such information which Consultant can establish (i) was publicly known or made generally available prior to the time of disclosure to Consultant; (ii) becomes
publicly known or made generally available after disclosure to Consultant through no wrongful action or inaction of Consultant; or (iii) is in the rightful possession of Consultant, without confidentiality obligations, at the time of disclosure
as shown by Consultant’s then-contemporaneous written records; provided that any combination of individual items of information shall not be deemed to be within any of the foregoing exceptions merely because one or more of the individual items
are within such exception, unless the combination as a whole is within such exception. 
 B. Nonuse and Nondisclosure.
During and after the term of this Agreement, Consultant will hold in the strictest confidence, and take all reasonable precautions to prevent any unauthorized use or disclosure of Confidential Information, and Consultant will not (i) use the
Confidential Information for any purpose whatsoever other than as necessary for the performance of the Services on behalf of the Company, or (ii) disclose the Confidential Information to any third party without the prior written consent of an
authorized representative of Company, except that Consultant may disclose Confidential Information to the extent compelled by applicable law; provided however, prior to such disclosure, Consultant shall provide prior written notice to Company
and seek a protective order or such similar confidential protection as may be available under applicable law. Consultant agrees that no 







 
ownership of Confidential Information is conveyed to the Consultant. Without limiting the foregoing, Consultant shall not use or disclose any Company property, intellectual property rights, trade
secrets or other proprietary know-how of the Company to invent, author, make, develop, design, or otherwise enable others to invent, author, make, develop, or design identical or substantially similar designs as those developed under this Agreement
for any third party. Consultant agrees that Consultant’s obligations under this Section 2.B shall continue after the termination of this Agreement. 

C. Other Client Confidential Information. Consultant agrees that Consultant will not improperly use, disclose, or induce
the Company to use any proprietary information or trade secrets of any former or concurrent employer of Consultant or other person or entity with which Consultant has an obligation to keep in confidence. Consultant also agrees that Consultant will
not bring onto the Company’s premises or transfer onto the Company’s technology systems any unpublished document, proprietary information, or trade secrets belonging to any third party unless disclosure to, and use by, the Company has been
consented to in writing by such third party. 
 D. Third Party Confidential Information. Consultant recognizes that the
Company has received and in the future will receive from third parties their confidential or proprietary information subject to a duty on the Company’s part to maintain the confidentiality of such information and to use it only for certain
limited purposes. Consultant agrees that at all times during the term of this Agreement and thereafter, Consultant owes the Company and such third parties a duty to hold all such confidential or proprietary information in the strictest confidence
and not to use it or to disclose it to any person, firm, corporation, or other third party except as necessary in carrying out the Services for the Company consistent with the Company’s agreement with such third party. 

 

	 	3.	Ownership 

 A. Assignment of Inventions. Consultant agrees that all
right, title, and interest in and to any copyrightable material, notes, records, drawings, designs, inventions, improvements, developments, discoveries, ideas and trade secrets conceived, discovered, authored, invented, developed or reduced to
practice by Consultant, solely or in collaboration with others, during the term of this Agreement and arising out of, or in connection with, performing the Services under this Agreement and any copyrights, patents, trade secrets, mask work rights or
other intellectual property rights relating to the foregoing (collectively, “Inventions”), are the sole property of the Company. Consultant also agrees to promptly make full written disclosure to the Company of any Inventions
and to deliver and assign (or cause to be assigned) and hereby irrevocably assigns fully to the Company all right, title and interest in and to the Inventions. 

B. Pre-Existing Materials. Subject to Section 3.A, Consultant will provide the Company with prior written notice if,
in the course of performing the Services, Consultant incorporates into any Invention or utilizes in the performance of the Services any invention, discovery, idea, original works of authorship, development, improvements, trade secret, concept, or
other proprietary information or intellectual property right owned by Consultant or in which Consultant has an interest, prior to, or separate from, performing the Services under this Agreement (“Prior Inventions”),
and the Company is hereby granted a nonexclusive, royalty-free, perpetual, irrevocable, transferable, worldwide license (with the right to grant and authorize sublicenses) to make, have made, use, import, offer for sale, sell, reproduce, distribute,
modify, adapt, prepare derivative works of, display, perform, and otherwise exploit such Prior Inventions, without restriction, including, without limitation, as part of or in connection with such Invention, and to practice any method related
thereto. Consultant will not incorporate any invention, discovery, idea, original works of authorship, development, improvements, trade secret, concept, or other proprietary information or intellectual property right owned by any third party into
any Invention without Company’s prior written permission. 

  
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 C. Moral Rights. Any assignment to the Company of Inventions includes all
rights of attribution, paternity, integrity, modification, disclosure and withdrawal, and any other rights throughout the world that may be known as or referred to as “moral rights,” “artist’s rights,” “droit
moral,” or the like (collectively, “Moral Rights”). To the extent that Moral Rights cannot be assigned under applicable law, Consultant hereby waives and agrees not to enforce any and all Moral Rights, including, without
limitation, any limitation on subsequent modification, to the extent permitted under applicable law. 
 D. Maintenance of
Records. Consultant agrees to keep and maintain adequate, current, accurate, and authentic written records of all Inventions made by Consultant (solely or jointly with others) during the term of this Agreement, and for a period of
three (3) years thereafter. The records will be in the form of notes, sketches, drawings, electronic files, reports, or any other format that is customary in the industry and/or otherwise specified by the Company. Such records are and remain
the sole property of the Company at all times and upon Company’s request, Consultant shall deliver (or cause to be delivered) the same. 

E. Further Assurances. Consultant agrees to assist Company, or its designee, at the Company’s expense, in every
proper way to secure the Company’s rights in Inventions in any and all countries, including the disclosure to the Company of all pertinent information and data with respect thereto, the execution of all applications, specifications, oaths,
assignments and all other instruments that the Company may deem necessary in order to apply for, register, obtain, maintain, defend, and enforce such rights, and in order to deliver, assign and convey to the Company, its successors, assigns and
nominees the sole and exclusive right, title, and interest in and to all Inventions and testifying in a suit or other proceeding relating to such Inventions. Consultant further agrees that Consultant’s obligations under this Section 3.E
shall continue after the termination of this Agreement. 
 F. Attorney-in-Fact. Consultant agrees that, if the Company
is unable because of Consultant’s unavailability, dissolution, mental or physical incapacity, or for any other reason, to secure Consultant’s signature with respect to any Inventions, including, without limitation, for the purpose of
applying for or pursuing any application for any United States or foreign patents or mask work or copyright registrations covering the Inventions assigned to the Company in Section 3.A, then Consultant hereby irrevocably designates and appoints
the Company and its duly authorized officers and agents as Consultant’s agent and attorney-in-fact, to act for and on Consultant’s behalf to execute and file any papers and oaths and to do all other lawfully permitted acts with respect to
such Inventions to further the prosecution and issuance of patents, copyright and mask work registrations with the same legal force and effect as if executed by Consultant. This power of attorney shall be deemed coupled with an interest, and shall
be irrevocable. 
  

	 	4.	Conflicting Obligations 

 Consultant represents and warrants that Consultant has no
agreements, relationships, or commitments to any other person or entity that conflict with the provisions of this Agreement, Consultant’s obligations to the Company under this Agreement, and/or Consultant’s ability to perform the Services.
Consultant will not enter into any such conflicting agreement during the term of this Agreement. Notwithstanding the foregoing, the Company acknowledges that Consultant has or expects to commence employment with a new employer previously identified
by Consultant on or following the Effective Date and the Company consents to Consultant performing services for that employer during the term of this Agreement. 

  
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	 	5.	Return of Company Materials 

 Upon the termination of this Agreement, or upon
Company’s earlier request, Consultant will immediately deliver to the Company, and will not keep in Consultant’s possession, recreate, or deliver to anyone else, any and all Company property, including, but not limited to, Confidential
Information, tangible embodiments of the Inventions, all devices and equipment belonging to the Company, all electronically-stored information and passwords to access such property, those records maintained pursuant to Section 3.D and any
reproductions of any of the foregoing items that Consultant may have in Consultant’s possession or control. 
  

	 	6.	Reports 

 Consultant agrees that Consultant will periodically keep the Company advised as
to Consultant’s progress in performing the Services under this Agreement. Consultant further agrees that Consultant will, as requested by the Company, prepare written reports with respect to such progress. The Company and Consultant agree that
the reasonable time expended in preparing such written reports will be considered time devoted to the performance of the Services. 
  

	 	7.	Term and Termination 

 A. Term. The term of this Agreement will
begin on the Effective Date of this Agreement and will continue until the earlier of (i) final completion of the Services or (ii) termination as provided in Section 7.B. 

B. Termination. The Company may terminate this Agreement upon giving Consultant prior written notice of such termination
pursuant to Section 12.G of this Agreement. The Company may terminate this Agreement immediately and without prior notice if Consultant refuses to or is unable to perform the Services or is in breach of any material provision of this Agreement.

 C. Survival. Upon any termination, all rights and duties of the Company and Consultant toward each other shall cease
except: 
 (1) The Company will pay, within thirty (30) days after the effective date of termination, all amounts owing to Consultant
for Services completed and accepted by the Company prior to the termination date and related reimbursable expenses, if any, submitted in accordance with the Company’s policies and in accordance with the provisions of Article 1 of this
Agreement; and 
 (2) Article 2 (Confidentiality), Article 3 (Ownership), Article 5 (Return of Company Materials), Article 7 (Term and
Termination), Article 8 (Independent Contractor; Benefits), Article 9 (Indemnification), Article 11 (Limitation of Liability), (Arbitration and Equitable Relief), and Article 12 (Miscellaneous) will survive termination or expiration of this
Agreement in accordance with their terms. 
  

	 	8.	Independent Contractor; Benefits 

 A. Independent Contractor. It is the
express intention of the Company and Consultant that Consultant perform the Services as an independent contractor to the Company. Nothing in this Agreement shall in any way be construed to constitute Consultant as an agent, employee or
representative of the Company. Without limiting the generality of the foregoing, Consultant is not authorized to bind the Company to any liability or obligation or to represent that Consultant has any such authority. Consultant agrees to furnish (or
reimburse the Company for) all tools and materials necessary 

  
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to accomplish this Agreement and shall incur all expenses associated with performance, except as expressly provided in Exhibit A. Consultant acknowledges and agrees that Consultant is
obligated to report as income all compensation received by Consultant pursuant to this Agreement. Consultant agrees to and acknowledges the obligation to pay all self-employment and other taxes on such income. 

B. Benefits. The Company and Consultant agree that Consultant will receive no Company-sponsored benefits from the Company
where benefits include, but are not limited to, paid vacation, sick leave, medical insurance and 401k participation. If Consultant is reclassified by a state or federal agency or court as the Company’s employee, Consultant will become a
reclassified employee and will receive no benefits from the Company, except those mandated by state or federal law, even if by the terms of the Company’s benefit plans or programs of the Company in effect at the time of such reclassification,
Consultant would otherwise be eligible for such benefits. 
  

	 	9.	Indemnification 

 Consultant agrees to indemnify and hold harmless the Company and its
affiliates and their directors, officers and employees from and against all taxes, losses, damages, liabilities, costs and expenses, including attorneys’ fees and other legal expenses, arising directly or indirectly from or in connection with
(i) any negligent, reckless or intentionally wrongful act of Consultant or Consultant’s assistants, employees, contractors or agents, (ii) a determination by a court or agency that the Consultant is not an independent contractor,
(iii) any breach by the Consultant or Consultant’s assistants, employees, contractors or agents of any of the covenants contained in this Agreement and corresponding Confidential Information and Invention Assignment Agreement,
(iv) any failure of Consultant to perform the Services in accordance with all applicable laws, rules and regulations, or (v) any violation or claimed violation of a third party’s rights resulting in whole or in part from the
Company’s use of the Inventions or other deliverables of Consultant under this Agreement. 
  

	 	10.	Restrictive Covenants 

 Consultant agrees to abide by the restrictive covenants set forth
in the Employee Proprietary Information and Invention Assignment Agreement between Consultant and the Company April 13, 2010 (the “PIIA”). 
  

	 	11.	Limitation of Liability 

 IN NO EVENT SHALL COMPANY BE LIABLE TO CONSULTANT OR TO ANY
OTHER PARTY FOR ANY INDIRECT, INCIDENTAL, SPECIAL OR CONSEQUENTIAL DAMAGES, OR DAMAGES FOR LOST PROFITS OR LOSS OF BUSINESS, HOWEVER CAUSED AND UNDER ANY THEORY OF LIABILITY, WHETHER BASED IN CONTRACT, TORT (INCLUDING NEGLIGENCE) OR OTHER THEORY OF
LIABILITY, REGARDLESS OF WHETHER COMPANY WAS ADVISED OF THE POSSIBILITY OF SUCH DAMAGES AND NOTWITHSTANDING THE FAILURE OF ESSENTIAL PURPOSE OF ANY LIMITED REMEDY. IN NO EVENT SHALL COMPANY’S LIABILITY ARISING OUT OF OR IN CONNECTION WITH THIS
AGREEMENT EXCEED THE AMOUNTS PAID BY COMPANY TO CONSULTANT UNDER THIS AGREEMENT FOR THE SERVICES, DELIVERABLES OR INVENTION GIVING RISE TO SUCH LIABILITY. 
  

	 	12.	Miscellaneous 

 A. Governing Law; Consent to Personal Jurisdiction.
This Agreement shall be governed by the laws of the State of Utah, without regard to the conflicts of law provisions of any jurisdiction. To the extent that any lawsuit is permitted under this Agreement, the Parties hereby expressly consent to the
personal and exclusive jurisdiction and venue of the state and federal courts located in California. 

  
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 B. Assignability. This Agreement will be binding upon Consultant’s
heirs, executors, assigns, administrators, and other legal representatives, and will be for the benefit of the Company, its successors, and its assigns. There are no intended third-party beneficiaries to this Agreement, except as expressly stated.
Except as may otherwise be provided in this Agreement, Consultant may not sell, assign or delegate any rights or obligations under this Agreement. Notwithstanding anything to the contrary herein, Company may assign this Agreement and its rights and
obligations under this Agreement to any successor to all or substantially all of Company’s relevant assets, whether by merger, consolidation, reorganization, reincorporation, sale of assets or stock, change of control or otherwise. 

C. Entire Agreement. This Agreement constitutes the entire agreement and understanding between the Parties with respect
to the subject matter herein and supersedes all prior written and oral agreements, discussions, or representations between the Parties, except that Consultant will continue to abide by the terms, obligations and conditions set forth in the PIIA.
Consultant represents and warrants that he is not relying on any statement or representation not contained in this Agreement. To the extent any terms set forth in any exhibit or schedule conflict with the terms set forth in this Agreement, the terms
of this Agreement shall control unless otherwise expressly agreed by the Parties in such exhibit or schedule. 
 D.
Headings. Headings are used in this Agreement for reference only and shall not be considered when interpreting this Agreement. 

E. Severability. If a court or other body of competent jurisdiction finds, or the Parties mutually believe, any provision
of this Agreement, or portion thereof, to be invalid or unenforceable, such provision will be enforced to the maximum extent permissible so as to effect the intent of the Parties, and the remainder of this Agreement will continue in full force and
effect. 
 F. Modification, Waiver. No modification of or amendment to this Agreement, nor any waiver of any rights under this
Agreement, will be effective unless in a writing signed by the Parties. Waiver by the Company of a breach of any provision of this Agreement will not operate as a waiver of any other or subsequent breach. 

G. Notices. Any notice or other communication required or permitted by this Agreement to be given to a Party shall be in
writing and shall be deemed given (i) if delivered personally or by commercial messenger or courier service, (ii) when sent by confirmed facsimile, or (iii) if mailed by U.S. registered or certified mail (return receipt requested), to
the Party at the Party’s address written below or at such other address as the Party may have previously specified by like notice. If by mail, delivery shall be deemed effective three business days after mailing in accordance with this
Section 12.G. 
  

	 	(1)	If to the Company, to: 

 2855 E. Cottonwood Parkway, Suite 100 

Salt Lake City, UT 84121 

Attention: Chief Executive Officer 

(2) If to Consultant, to the address for notice on the signature page to this Agreement or, if no such address is provided, to the last
address of Consultant provided by Consultant to the Company. 

  
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 H. Attorneys’ Fees. In any court action at law or equity that is
brought by one of the Parties to this Agreement to enforce or interpret the provisions of this Agreement, the prevailing Party will be entitled to reasonable attorneys’ fees, in addition to any other relief to which that Party may be entitled.

 I. Signatures. This Agreement may be signed in two counterparts, each of which shall be deemed an original, with the same
force and effectiveness as though executed in a single document. 
 (signature page follows) 

  
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 IN WITNESS WHEREOF, the Parties hereto have executed this Consulting Agreement as of the date
first written above. 
  

											
	CONSULTANT	 		 	FUSION-IO, INC.
					
	By:	 	 /s/ Shawn Lindquist
	 		 	By:	 	 /s/ Shane Robison

					
	Name:	 	Shawn Lindquist	 		 	Name:	 	 Shane Robison

						
		 		 		 		 	Title:	 	 Chief Executive Officer









 EXHIBIT A 

SERVICES AND COMPENSATION 
  

	 	1.	Contact. Consultant’s principal Company contact: 

 Name: Shane Robison 

Title: Chief Executive Officer and Chairman of the Board 

2. Services. Consultant will assist in the transition of his duties as the Company’s Chief Legal Officer as may be
reasonably requested by Mr. Robison. 
  

	 	3.	Compensation.  

 A. Consultant will continue vesting in his outstanding
equity awards in accordance with their respective terms and conditions. Consultant will receive no additional remuneration for Services he performs under this Agreement. 

B. The Company will reimburse Consultant, in accordance with Company policy, for all reasonable expenses incurred by Consultant in performing
the Services pursuant to this Agreement. 
  

											
	CONSULTANT	 		 		 	FUSION-IO, INC.
					
	By:	 	 /s/ Shawn Lindquist 
	 		 	By:	 	 /s/ Shane Robison

					
	Name:	 	Shawn Lindquist	 		 	Name:	 	 Shane Robison

						
		 		 		 		 	Title:	 	 Chief Executive Officer