EX-10.14





 Exhibit 10.14 

Execution Version 

EMPLOYMENT AGREEMENT 

This Employment Agreement (this “Agreement”), is made and entered into as of January 20, 2020, by and among McAfee, LLC
(the “Company”), Foundation Technology Worldwide LLC (“Parent”) and Peter Leav (“Executive”). This Agreement shall become effective as of the Effective Date (as defined below). 

WHEREAS, the Company desires to employ Executive on the terms and conditions contained herein; and 

WHEREAS, Executive desires to be employed by and render services to the Company upon and subject to the terms, conditions and other provisions
set forth herein. 
 NOW THEREFORE, in consideration of the promises and mutual covenants and agreements contained herein, the adequacy of
all of which consideration is hereby acknowledged, the parties hereby agree as follows: 
 1. EMPLOYMENT 

1.1 Agreement and Term. The Company hereby agrees to employ Executive, and Executive hereby accepts such employment and agrees to render
such services to the Company, on the terms and conditions set forth in this Agreement. Unless terminated earlier as set forth in Section 3 herein, Executive’s employment and the term under this Agreement shall commence on February 3,
2019 (the “Effective Date”) and shall continue until terminated in accordance with Section 3 below (the “Term”). 

1.2 Position and Duties. Except as otherwise provided in this Agreement, during the Term of this Agreement, Executive shall serve as the
Chief Executive Officer of the Company and Parent, and shall report directly to the Board of Managers of Parent (the “Board”). In addition, for so long as Executive remains the Chief Executive Officer of Parent, Executive shall
serve as a member of the Board. Executive’s principal work location shall be at the Company’s offices in Santa Clara, California or such other location as Executive and the Company shall mutually agree, (hereinafter the “Principal
Place of Business”), provided that Executive may be required to travel as reasonably necessary in order to perform his duties and responsibilities hereunder. Executive shall carry out his duties and responsibilities at all times in
compliance with the written policies and procedures of Parent, and following an initial Public Offering (as defined in Parent’s Amended and Restated Limited Liability Company Agreement dated as of April 3, 2017 (as amended from time to
time, the “LLC Agreement”)), the Issuer (as defined in the LLC Agreement) or any of their respective subsidiaries (collectively and each individually a member of, the “Company Group”) that have been made available
to Executive, as in effect from time to time. Executive shall also perform such other duties as reasonably requested by the Board, including service as an officer or director of any other member of the Company Group without additional compensation.
During the Term of this Agreement, Executive shall use his best business efforts to serve the Company Group faithfully, diligently and competently and to the best of his ability, and to devote his full time business hours, energy, ability, attention
and skill to the business of the Company Group; provided, however, that the foregoing is not intended to preclude Executive from noncompetitive activities that are conducted outside normal business hours and are permitted under
Section 1.3 hereof. 












 1.3 Outside Activities. During the Term of this Agreement, (i) Executive may
continue to serve in the positions listed on Annex I hereto, (ii) serve on the board of directors with the prior written consent of the Board (not to be unreasonably withheld), Executive may serve on the board of directors of a for-profit entity and as a director or advisor of other not-for-profit educational, welfare, social, religious and civic organizations,
and (iii) Executive may perform charitable and other activities, and manage his personal investments; provided, however, that in the case of either (i) or (ii) such activities do not materially interfere with the performance
of his duties hereunder and otherwise to the Company Group and are not in conflict or competitive with, or adverse to, the interests of the Company Group. 

2. COMPENSATION AND BENEFITS; EXPENSES 

2.1 Salary. The Company shall compensate and pay Executive for his services a Base Salary at a rate equivalent to $900,000 per year,
less payroll deductions and all required tax withholdings, which salary shall be payable in accordance with the Company’s customary payroll practices applicable to its executives. The Base Salary shall be subject to annual review for possible
increase (but not decrease) by the Board or its Compensation Committee (the “Committee”) based on individual and Company performance. The term “Base Salary” shall refer to Executive’s annual base salary as may
be in effect from time to time. 
 2.2 Bonus. With respect to each fiscal year of the Company ending during the Term and subject to
the achievement of applicable performance goals, based on corporate, business unit and/or individual performance, to be reasonably established by the Board or the Committee in consultation with the Executive, Executive shall be entitled to
participate in the Company’s annual incentive plan, under which Executive shall be eligible to earn an annual bonus (the “Annual Bonus”) with a target amount equal to 150% of the Base Salary (the “Target
Bonus”), subject to Executive being employed with the Company on the date that the Annual Bonus is paid (except as otherwise provided in Section 3). The Company shall pay earned Annual Bonuses to Executive no later than 21⁄2 months following the end of each fiscal year. The Target Bonus shall be subject to review for possible increase (but not decrease) by the Board or the Committee
based on individual and Company performance at the Board’s or the Committee’s sole discretion. 
 2.3 Employee Benefits.
During the Term of this Agreement, to the extent eligible under the applicable plans or programs and applicable law, Executive shall be entitled to participate in the employee benefits plans and programs made available to
executive level employees of the Company generally, such as health, medical, dental, death and disability and other insurance coverage and group retirement and deferred compensation plans. The terms and conditions of Executive’s
participation in any employee benefit plan or program shall be subject to the terms and conditions of such plan or program, as may be modified by the Company from time to time. Nothing in this Agreement shall preclude the Company from amending or
terminating any employee benefit plan or program, subject to the terms of the applicable plan or program. 

  
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 2.4 Vacations. Executive shall be entitled to vacation in accordance with the Company
Group’s vacation policies as in effect from time to time. Vacation may be taken at such times and intervals as Executive shall determine, subject to the business needs of the Company Group. 

2.5 Long-Term Incentives. 

(a) As soon as practicable following the Effective Date, (i) Parent will grant Executive restricted share units payable in Class A
Units of Parent (such restricted share units, the “RSUs”, and such Class A Units the “Class A Units”) with an aggregate grant date Fair Market Value (as defined in the LLC Agreement) of
$16.2 million, but with respect to no less than 468,614 Class A Units, and Management Incentive Units of Parent (the “Management Incentive Units”) with an aggregate per unit Management Incentive Unit Return Threshold (as
defined in the LLC Agreement) of $10.8 million, but for no less than 312,409 Management Incentive Units, in each case, pursuant to the Foundation Technology Worldwide LLC 2017 Management Incentive Plan (the “Plan”), and
(ii) Executive shall purchase Class A Units having an aggregate Fair Market Value of $500,000 from Parent at a price per Class A Unit equal to the Fair Market Value of a Class A Unit on the date of purchase. The specific terms
and conditions of the RSUs and Management Incentive Units shall be set forth in the Plan, the grant agreement governing such awards and the LLC Agreement and the specific terms and conditions of the Class A Units purchased by Executive shall be
set forth in a subscription agreement between Parent and Executive and the LLC Agreement. As a condition to receiving the Class A Units, RSUs and Management Incentive Units, Executive shall be required to become party to the LLC Agreement
(together with the Plan and the applicable grant agreements and subscription agreement, the “Equity Agreements”, the forms of which are attached hereto). 

(b) In connection with any initial Public Offering, the Company Group or such affiliate may cause the RSUs, the Class A Units and/or the
Management Incentive Units, at the election of the Board or the Committee, to be exchanged for shares of Issuer stock and/or, in the case of RSUs and Management Incentive Units, awards based on or convertible into Issuer stock, in any case, having
the same value, and subject to the same vesting and other terms and conditions as of immediately following the exchange as such awards had as of immediately prior to such exchange. The parties intend to structure any such exchange of Management
Incentive Units in a manner that preserves eligibility for capital gains treatment upon the sale or exchange of such Issuer stock or award, subject to requirements of applicable law. Further, in connection with an initial Public Offering, shares of
Issuer stock received or to be received by Executive (or his permitted transferees) shall be subject to a lock-up period (which, shall not be longer than any lock-up
period applicable to the TPG Investor (as defined in the LLC Agreement)) described in a lock-up agreement, in the form agreed upon between Issuer and the underwriters in connection with the initial Public
Offering and, following the expiration of such lock-up period, During the Term and for twelve (12) months thereafter, Executive shall only be entitled to transfer such shares of Issuer stock (to the
extent vested) if and when (i) shares of Issuer stock held by investment funds affiliated with TPG are sold, with the number of shares of Issuer stock eligible to be sold by Executive (and his permitted transferees) upon each sale by such
investment funds determined on a pro rata basis with the number of shares Issuer stock sold by such investment funds at such time based on their respective holdings of Issuer stock at the time 

  
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of such sale and (ii) otherwise approved by the TPG Investor in writing. Subject to the other restrictions set forth herein or in the Equity Agreements, following an initial Public
Offering, all sales by Executive will be pursuant to a pre-approved trading plan pursuant to Rule 10b-5-1 under the Securities
and Exchange Act of 1934, as amended, or when Executive is not otherwise in possession of material nonpublic information. In connection with the closing of an initial Public Offering, Parent and Executive shall enter into a registration rights
agreement with respect to any shares of Issuer stock held by or to be received by Executive (or his permitted transferees), which shall provide for customary piggyback registration rights with respect to such shares on secondary offerings, without
cutbacks that are not proportionate to any cutbacks that apply to investment funds affiliated with TPG. In furtherance of the foregoing, Executive agrees to take such actions and execute such documents as are reasonably requested by the Board or the
Committee to effectuate such exchange, registration rights and/or transfer restrictions. 
 (c) Notwithstanding anything to the contrary in
the Equity Agreements, (i) if Executive’s employment or other service with the Company Group terminates for any reason, Executive’s vested Management Incentive Units and Class A Units received in respect of the RSUs (but not, for
the avoidance of doubt, any Class A Units purchased by Executive) shall be subject to repurchase as described in Section 13(a) of the LLC Agreement, (ii) if Executive’s employment or other service with the Company Group is
terminated by the Company Group for Cause (as defined hereunder) (or Executive’s employment terminates under circumstances when Cause exists) or Executive materially violates the restrictive covenants in Section 4 of this Agreement,
Management Incentive Units and Class A Units (but not, for the avoidance of doubt, any Class A Units purchased by Executive) received on settlement of RSUs will be forfeited for no consideration and Executive will be required to repay any
amounts received in the preceding twelve (12) months in respect of Executive’s Management Incentive Units, RSUs and/or Class A Units received in respect of RSUs, in each case, after Executive has been given notice and, to the extent
the circumstances constituting Cause or such breach are reasonably susceptible to cure, has failed to cure within ten (10) days of receiving such notice, and (iii) if Parent exercises its call rights pursuant to Section 13 of the LLC
Agreement in respect of any of Executive’s Class A Units or Management Incentive Units or the Board otherwise makes a determination of Fair Market Value of Class A Units or Management Incentive Units pursuant to the Equity Agreements
in connection with determining the number of Class A Units withheld under any net tax withholding arrangement for RSUs or the number of additional RSUs credited to Executive in connection with any distribution on Class A Units, and
Executive believes in good faith that the Fair Market Value of such Class A Units or Management Incentive Units is greater than the amount determined by the Board, then Executive may deliver a written objection notice to Parent within thirty
(30) days of such determination (an “Objection Notice”). If Executive timely delivers such an Objection Notice, then Parent will promptly engage a third-party independent valuation expert selected by Parent and consented to by
Executive (which consent shall not be unreasonably withheld, delayed or hindered) (the “Independent Appraiser”) to deliver a written determination of the fair market value of such Class A Units and/or Management Incentive Units
as of the date the applicable notice of repurchase was delivered (such determination to include a report setting forth all material analyses used in arriving at such determination, which for the avoidance of doubt, such analyses shall not include
any discount for lack of marketability or lack or of majority interest) within sixty (60) days of being engaged. Such determination shall be deemed to be the Fair Market Value of Executive’s Class A Units and/or Management Incentive


  
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Units and shall be final and binding on the parties. If such Fair Market Value determined by the Independent Appraiser is more than 10% higher than the Fair Market Value previously determined by
the Board, then the costs and expenses of the Independent Appraiser shall be borne by Parent. If such Fair Market Value determined by such Independent Appraiser is not more than 10% higher than the Fair Market Value previously determined by the
Board, then the costs and expenses of the Independent Appraiser shall be borne by Executive (which costs and expenses may, in whole or in part, be deducted from the cash or other consideration otherwise deliverable to Executive in respect of the
repurchase of such Class A Units and/or Management Incentive Units or any other payment owing to Executive by the Company or Parent). 

(d) Notwithstanding anything to the contrary in the Equity Agreements: 

(i) Executive shall be entitled to the tag-along rights described in Section 12 of the LLC
Agreement (which rights shall apply to any Transfer by the TPG Investor to the Intel Investor (as such terms are defined in the LLC Agreement) or, in the event carry is payable to the TPG Investor or its affiliates in connection with such Transfer,
to any Transfer to an affiliate of the TPG Investor) with respect to all vested Class A Units, vested RSUs and vested Management Incentive Units held by Executive (or his permitted transferees) and all Class A Units and Management
Incentive Units (after otherwise applying the terms set forth in the Equity Agreements) shall be subject to the drag-along obligations set forth in such section, in each case, in accordance with the terms set forth therein. 

(ii) In the event of a Drag-Along Sale (as defined in the LLC Agreement), Executive shall not receive a greater proportion of non-cash consideration than the TPG Investor in respect of his Class A Units or Management Incentive Units sold in such transaction. 

(iii) During the Term, Executive shall be entitled to the information rights set forth in Section 9.7 of the LLC Agreement. 

(iv) Executive shall be entitled to the pre-emptive rights described in Section 14 of the LLC
Agreement with respect to his vested Class A Units and Class A units underlying his vested RSUs. 
 (v) The call option set forth
in Section 13.1(a) of the LLC Agreement shall lapse upon the consummation of an initial Public Offering and, in the event of any repurchase delay described in Section 13.2 of the LLC Agreement, the Fair Market Value of the applicable units
shall be determined as of the date of the repurchase. 
 (vi) Executive’s Management Incentive Units and RSUs may only be adjusted in
accordance with Section 9(a) of the Plan on an equitable basis. 
 (vii) The provisions in Section 9(b) of the Plan shall not be
applied to abridge Executive’s rights set forth herein or in any of his individual Equity Agreements. 
 (viii) For purposes of
Executive’s Management Incentive Units and RSUs, Section 14 of the Plan shall be deemed to include a reference to Section 4 of this Agreement, and Section 4 of this Agreement shall control in the event of any inconsistency with
the terms set forth therein. 

  
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 (ix) For purposes of Executive’s Management Incentive Units and RSUs and
Section 3.6 below, the term “Change in Control” shall also include: 
  

	 	A.	 Prior to an initial Public Offering (and not in connection with any restructuring taken in connection with an
initial Public Offering), the TPG Majority (as defined in the LLC Agreement) ceasing to have the authority pursuant to the LLC Agreement to appoint and remove fifty percent (50%) or more of the members of the Board, whether as a TPG Manager (as such
term is defined in the LLC Agreement) or an Independent Manager (as such term is defined in the LLC Agreement) or otherwise; 


  

	 	B.	 Following an initial Public Offering, the acquisition by any person or group (within the meaning of
Section 13(d) of the Securities Exchange Act of 1934, as amended) of equity securities representing thirty-five percent (35%) or more of the voting power of Issuer provided that (i) following such acquisition such person or group holds
outstanding equity securities representing more of the voting power of Issuer than the outstanding equity securities then held by the TPG Investor, (ii) following such acquisition, neither the TPG Investor nor any affiliates of TPG Global, LLC
(excluding portfolio companies) have the right to designate a majority of the nominees to the board of directors of the Issuer, (iii) if such person or group is or includes the TPG Investor or any affiliate of TPG Global, LLC (excluding
portfolio companies), the Issuer, Parent or any subsidiary of Issuer or Parent (all such parties, the “Excluded Parties”), all equity securities held by the Excluded Parties shall be excluded from the equity securities held by such
person or group for purposes of this definition, and (iv) if such person or group is or includes the Intel Investor or any of its affiliates, following such acquisition, such person or group holds outstanding equity securities entitling it to
designate a majority of the nominees to the board of directors of Issuer. 



  
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	 	C.	 Prior to or following an initial Public Offering, Parent or Issuer, as applicable, ceasing to have the direct
or indirect authority to appoint and remove fifty percent (50%) or more of the members of the board of managers of the Company (or a successor thereto following any sale or license of a Divested Business (as defined in the Equity Agreements)).



 2.6 Business Expenses. The Company shall reimburse Executive or otherwise provide for or pay for reasonable out-of-pocket expenses incurred by Executive in furtherance of or in connection with the business of the Company Group, including, but not limited to, travel and entertainment
expenses commensurate with his duties hereunder (including attendance at industry conferences), subject to the Company Group’s policies as in effect from time to time, including without limitation such reasonable documentation and other
limitations as may be reasonably established or required by the Company Group. 
 3. TERMINATION 

3.1 Notice of Termination. With the exception of termination of Executive’s employment due to Executive’s death, any purported
termination of Executive’s employment by the Company for any reason, including without limitation for Cause or Disability, or by Executive for any reason, shall be communicated by a written “Notice of Termination” to the other party.
“Notice of Termination” means a dated notice that (i) indicates the specific termination provision in this Agreement relied upon and (ii) specifies a Termination Date, except in the case of the Company’s termination
of Executive’s employment for Cause, for which the Termination Date may be the date of the notice. “Termination Date” means (i) if Executive’s employment is terminated for Cause or Disability, the date specified in
the Notice of Termination, (ii) in the case of termination of employment due to death, the date of Executive’s death, or (iii) if Executive’s employment is terminated for any other reason, the date on which a Notice of
Termination is given or as specified in such notice which, in the event of a termination by Executive without Good Reason, shall not be less than thirty (30) days after such notice, unless otherwise agreed to by the parties. For purposes of
clarification, the Term shall end on the Termination Date. 
 3.2 Termination Due to Death or Disability. If Executive’s
employment is terminated by reason of Executive’s death or by the Company due to Disability, Executive or his estate shall be entitled to receive: (a) Executive’s earned but unpaid Base Salary accrued through the Termination Date;
(b) an amount for reimbursement, paid within thirty (30) days following submission by Executive (or if applicable, Executive’s estate) to the Company of appropriate supporting documentation for any unreimbursed business expenses
properly incurred prior to the Termination Date by Executive pursuant to Section 2.6 and in accordance with Company Group policies; (c) such employee benefits, if any, to which Executive (or, if applicable, Executive’s estate) or his
dependents may be entitled under the employee benefit plans or programs of the Company Group, paid in accordance with the terms of the applicable plans or programs (the amounts described in clauses (a) through (c) hereof being referred to as
the “Accrued Rights”). In addition to the Accrued Rights, if Executive’s employment is terminated by reason of Executive’s death or by the Company due to Disability, subject, in the case of a termination due to Disability,
to Executive’s continued compliance with this Agreement and the Equity Agreements, and Executive’s (or his estate’s or legal representative’s) execution, delivery and non-revocation of an
effective release of all claims against the Company Group in 

  
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substantially the form attached hereto as Exhibit A (the “Release”) within the sixty (60) day period following
the date of the termination of Executive’s employment (the “Release Period”), Executive or his estate shall be entitled to receive (x) any earned but unpaid Annual Bonus related to the completed fiscal year preceding the
fiscal year in which termination of employment occurs and (y) an Annual Bonus for the year in which the Termination Date occurs, with payment based on actual performance during the year of termination,
pro-rated to reflect the number of days during the bonus year in which Executive was employed by the Company, in each case, payable in accordance with regular payroll practices, less applicable withholdings
and taxes, on the later of (x) the first regular payroll date following the date on which the Release becomes fully effective and (y) the date annual bonuses with respect to such fiscal year are payable to other executives of the Company,
but in no event later than two and one-half months following the end of the year of termination (the amounts described in clauses (x) and (y) hereof being referred to as the “Bonus
Severance”). For purposes hereof, “Disability” shall be determined in accordance with the Company’s long-term disability plan as then in effect, whether or not Executive participates in such plan. 

3.3 Termination by Executive for Other Than Good Reason. In the event Executive terminates his employment for other than Good Reason,
Executive shall be entitled to receive the Accrued Rights. 
 3.4 Termination by the Company for Cause. In the event the Company
terminates his employment for Cause (or Executive’s employment terminates under circumstances where Cause exists), Executive shall be entitled to receive the Accrued Rights. 

3.5 Termination by the Company without Cause or by Executive for Good Reason. If Executive’s employment is terminated by the
Company without Cause, or by Executive for Good Reason, in either case, other than within two years following a Change in Control (as defined in the Plan, as modified by Section 2.5(d)(ix)) or under circumstances where Cause exists, Executive
shall be entitled, in addition to the Accrued Rights and subject to Executive’s continued material compliance with this Agreement and the Equity Agreements, and Executive’s execution, delivery and
non-revocation of the Release within the Release Period, to receive: 

(a) equal or substantially equal payments over the eighteen (18)-month period following the date of termination, in an aggregate amount equal
to one and one-half times (1.5x) the sum of (x) Executive’s then-current Base Salary plus (y) Executive’s Target Bonus, with such amounts to be paid in accordance with regular payroll
practices, less applicable withholdings and taxes, beginning on the first regular payroll date following the date on which the Release becomes fully effective (and with the first payment to include all payments that would otherwise have been made
prior to such date); 
 (b) the Bonus Severance; and 

(c) provided that Executive timely elects COBRA (as defined below) coverage, a taxable subsidy (the “COBRA Subsidy”) to
participate in the Company’s medical, dental and vision plans, in an amount, on an after-tax basis, that is equal to the employer-paid portion of the premium equivalent for active employees who elect the
same type of coverage 

  
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(e.g., individual only, individual plus family, etc.) through the earlier of the end of the eighteen (18)-month period immediately following the Termination Date and the time at which Executive
becomes eligible for group health coverage from another employer, with such subsidies payable by the Company on a monthly basis in substantially equal installments not later than the end of the month to which they relate. Executive must notify the
Company within seven (7) days of learning that he will become eligible to for group health coverage from another employer. 
 To the extent any
payments made of contemplated hereunder constitute nonqualified deferred compensation, within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (“Section 409A”) and if the Release
Period spans two (2) calendar years, then such payments that would otherwise have been made prior to the end of the Release Period will be made, after the release becomes irrevocable, in the form of a lump sum on the first payroll date that
occurs in the second calendar year. 
 (i) “Cause” means, as determined by the Board in its reasonable good faith judgment,
Executive’s: (i) conviction of an act of material fraud or dishonesty; (ii) intentional refusal or willful failure to carry out the lawful and reasonable instructions of the Board; (iii) commission of a felony or a misdemeanor
crime involving moral turpitude (where moral turpitude means so extreme a departure from ordinary standards of honesty, good morals, justice or ethics as to be shocking to the moral sense of the community); (iv) gross misconduct or gross negligence
in connection with the performance of his duties; (v) material breach of any provision of this Agreement or any other employment or restrictive covenant agreement with the Company or material violation of any material written policy or written
code of conduct of the Company Group that has been made available to Executive; (vi) material breach of fiduciary duty (including duty of loyalty) to the Company Group; or (vii) willful failure to cooperate with the Company Group in any
investigation or formal proceeding or being found liable in a Securities and Exchange Commission (the “SEC”) enforcement action or otherwise being disqualified from Executive’s job. 

(ii) “Good Reason” shall mean, without Executive’s consent: (i) a material breach by the Company Group of this
Agreement; (ii) a material diminution of Executive’s duties, responsibilities or status (other than as a result of the sale, license or other divestiture of a business line or division or business segment); (iii) a reduction by the Company
Group in Executive’s Base Salary or Target Bonus; or (iv) the relocation of the Principal Place of Business by more than fifty (50) miles. In all cases, an event or condition shall not constitute “Good Reason” unless
(x) within thirty (30) days of the occurrence of the event or condition Executive believes constitutes Good Reason Executive provides the Company with a written notice (a “Good Reason Notice”) that specifically explains
the basis for Executive’s belief that facts constituting Good Reason exist, (y) in the case of any of the above events which is capable of being cured within thirty (30) days of the Company’s receipt of the Good Reason Notice,
the Company fails to cure (or cause to be cured) the applicable event or condition within thirty (30) days after the Company’s receipt of the Good Reason Notice, and (z) Executive actually terminates his employment (and, if
applicable, other service relationship) within sixty (60) days following the end of such cure period. 

  
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 3.6 Change in Control Termination. If Executive’s employment is terminated by
the Company without Cause, or by Executive for Good Reason, in either case, within two years following a Change in Control and other than under circumstances where Cause exists, in lieu of any severance benefits described in Section 3.5 above,
Executive shall be entitled, in addition to the Accrued Rights and subject to Executive’s continued material compliance with this Agreement and the Equity Agreements, and Executive’s execution, delivery and
non-revocation of the Release within the Release Period, to receive: 

(a) equal or substantially equal payments over the twenty four (24)-month period following the date of termination, in an aggregate amount
equal to two times (2.0x) the sum of (x) Executive’s then-current Base Salary plus (y) Executive’s Target Bonus, with such amounts to be paid in accordance with regular payroll practices, less applicable withholdings and taxes,
beginning on the first regular payroll date following the date on which the Release becomes fully effective (and with the first payment to include all payments that would otherwise have been made prior to such date); 

(b) the Bonus Severance; and 
 (c)
provided that Executive timely elects COBRA (as defined below) coverage, a COBRA Subsidy to participate in the Company’s medical, dental and vision plans, in an amount, on an after-tax basis, that is
equal to the employer-paid portion of the premium equivalent for active employees who elect the same type of coverage (e.g., individual only, individual plus family, etc.) through the earlier of the end of the twenty-four (24)-month period
immediately following the Termination Date and the time at which Executive becomes eligible for group health coverage from another employer, with such subsidies payable by the Company on a monthly basis in substantially equal installments not later
than the end of the month to which they relate. Executive must notify the Company within seven (7) days of learning that he will become eligible to for group health coverage from another employer. 

3.7 No Other Benefits Upon Termination. Except as provided in the applicable sub-section of this
Section 3 and except for any vested benefits under any tax qualified pension plans of the Company, and continuation of health insurance benefits on the terms and to the extent required by Section 4980B of the Code and Section 601 of
the Employee Retirement Income Security Act of 1974, as amended (which provisions are commonly known as “COBRA”), the Company shall have no additional obligations upon the termination of Executive’s employment with the Company.

 3.8 No Mitigation. For the avoidance of doubt, Executive shall have no duty to seek employment following termination of employment
or otherwise to mitigate damages. The amounts or benefits payable or available to Executive under this Agreement shall not be reduced by any amount Executive may earn or receive from employment with another employer or from any other source. 

3.9 Cooperation with Company after Termination of Employment. Following termination of Executive’s employment for any reason,
Executive shall reasonably cooperate with the Company Group in all matters relating to the winding up of his pending work on behalf of the Company Group including, but not limited to, any litigation in which the Company Group is involved and the
orderly transfer of any such pending work to other employees of the Company Group as may be designated by the Company. Executive’s obligations hereunder shall 

  
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be subject to his reasonable availability, and, without limiting any of the restrictions in Section 4 below, the parties shall cooperate to avoid having Executive’s commitment under
this Section 3.7 materially interfere with other personal and business commitments or obligations of Executive. The Company Group shall reimburse Executive for any reasonable
out-of-pocket expenses he incurs in performing any work on behalf of the Company Group following the Termination Date. In addition, if more than incidental cooperation
is required at any time after the Termination Date, Executive shall be paid an amount to be mutually agreed on by the Executive and the Company Group. 

4. NON-SOLICITATION & NON-COMPETITION 

4.1 Non-Compete; Non-Solicit of Customers. Executive
agrees that he shall not, directly or indirectly, during the Term and for the eighteen (18)-month period following the Termination Date, (i) become an employee, director, or independent contractor, stockholder or other owner (other than as
(a) a holder of less than 1% of any class of securities of any company (whether public or private) or (b) a holder of a passive equity interest in a private debt or equity investment fund in which Executive does not have the ability to
control or exercise any managerial influence over such fund) of, or a consultant to, or perform any services for, any of the following companies: Avast, Broadcom, Crowdstrike, NortonLifeLock, and Trend Micro (each, a “Competitor”),
or (ii) solicit or engage or attempt to solicit, any customer of the Company or prospective customer that has been actively pursued by the Company within the twelve (12) month period preceding the Termination Date (provided that Executive
has knowledge of such pursuit or such prospective customer is or could reasonably be expected to bring material benefit to the Company or its affiliates) to terminate or alter in a manner adverse to the Company Group such current or prospective
customer’s relationship with the Company Group. For purposes of this Agreement, “Person” shall mean any individual, partnership, corporation, limited liability company, unincorporated organization, trust or joint venture, or a
governmental agency or political subdivision thereof. 
 4.2 Non-Solicit of Employees.
Executive agrees that he shall not, directly or indirectly, during the Term and for the eighteen (18)-month period following the Termination Date, solicit or attempt to solicit, as applicable, any Company Group employee or individual who was a
Company Group employee within the six (6) month period immediately prior thereto to terminate or otherwise alter his, her or its employment with the Company Group. 

4.3 Confidential Information. Executive acknowledges and agrees that all information regarding the Company Group or the activity of the
Company Group that is not generally known to persons not employed or retained (as employees or as independent contractors or agents) by the Company Group, including without limitation information about the customers, business connections, customer
lists, procedures, operations, trade secrets, techniques and other aspects of and information about the business of the Company Group (the “Confidential Information”) is established at great expense and protected as confidential
information and provides the Company Group with a substantial competitive advantage in conducting its business. Executive further acknowledges and agrees that by virtue of his employment with the Company, he will have access to, and will be
entrusted with Confidential Information, and that the Company Group could suffer great loss and injury if Executive would disclose this information or use it in a manner not specifically authorized by the


  
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Company. Therefore, Executive agrees that during the Term and at all times thereafter, he will not, directly or indirectly, either individually or as an employee, agent, partner,
shareholder, owner trustee, beneficiary, co-venturer distributor, consultant or in any other capacity, use or disclose or cause to be used or disclosed any Confidential Information, unless and to the extent
that any such information becomes generally known to and available for use by the public other than as a result of Executive’s acts or omissions, or Executive is required to disclose by applicable law, regulation or legal
process. Executive shall deliver to the Company at the termination of his employment, or at any other time the Company may reasonably request, all memoranda, notes, plans, records, reports, computer tapes, printouts and software and other
documents and data (and copies thereof) relating to the Confidential Information, or the business of the Company which he may then possess or have under his control. In addition, Executive agrees that, notwithstanding the foregoing, to the
extent Executive is compelled to disclose Confidential Information by lawful service of process, subpoena, court order, or otherwise compelled to do by law, Executive shall, to the extent legally permitted, provide the Company with a copy of the
document(s) seeking disclosures of such information promptly upon receipt of such document(s) and prior to Executive’s disclosure of any such information, so that the Company may take such action as it reasonably deems to be necessary or
appropriate in relation to such subpoena or request and Executive may not disclose any such information until the Company has had the opportunity to take such action. Nothing in this Agreement limits, restricts or in any other way affects
Executive’s communicating with any governmental agency or entity, or communicating with any official or staff person of a governmental agency or entity, concerning matters relevant to the governmental agency or entity, or requires Executive to
provide notice the Company with notice of the same. Executive cannot be held criminally or civilly liable under any federal or state trade secret law for disclosing a trade secret (1) in confidence to a federal, state, or local government
official, either directly or indirectly, or to an attorney, solely for the purpose of reporting or investigating a suspected violation of law, or (2) in a complaint or other document filed under seal in a lawsuit or other proceeding.
Notwithstanding this immunity from liability, Executive may be held liable if Executive unlawfully accesses trade secrets by unauthorized means. 

4.4 Intellectual Property 

(a) If Executive creates, invents, designs, develops, contributes to or improves any works of authorship, inventions, intellectual property,
materials, documents or other work product (including, without limitation, research, reports, software, databases, systems, applications, presentations, textual works, content or audiovisual materials) (“Works”), either alone or
with third parties, at any time during Executive’s employment with the Company Group and within the scope of such employment and/or with the use of any the Company Group resources (“Company Works”), Executive shall promptly and
fully disclose the same to the Company and hereby irrevocably assigns, transfers and conveys, and agrees to assign, transfer and convey, to the maximum extent permitted by applicable law, all rights and intellectual property rights therein
(including rights under patent, industrial property, copyright, trademark, trade secret, unfair competition and related laws) to the Company (or any member of the Company Group so designated by the Company) to the extent ownership of any such rights
does not vest originally in the Company Group. All copyrightable works that Executive creates during employment with the Company Group will be considered “work made for hire” and will, upon creation, be owned exclusively by the Company (or
an affiliate designated by the Company). 

  
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 (b) Executive shall take all reasonably requested actions and execute all reasonably
requested documents (including any licenses or assignments required by a government contract) at the Company Group’s expense (but without further remuneration) to assist the Company Group in validating, maintaining, protecting, enforcing,
perfecting, recording, patenting or registering any of the Company Group’s rights in the Company Works. If the Company is unable for any other reason to secure Executive’s signature on any document for this purpose, then Executive hereby
irrevocably designates and appoints the Company and its duly authorized officers and agents as Executive’s agent and attorney in fact, to act for and in Executive’s behalf and stead to execute any documents and to do all other lawfully
permitted acts in connection with the foregoing. 
 (c) Executive shall not improperly use for the benefit of, bring to any premises of,
divulge, disclose, communicate, reveal, transfer or provide access to, or share with, the Company Group, any confidential, proprietary or non-public information or intellectual property relating to a former
employer or other third party without the prior written permission of such third party. Executive shall comply with all relevant written policies and guidelines of the Company Group that have been made available to Executive, including, without
limitation, policies and guidelines regarding the protection of confidential information and intellectual property and potential conflicts of interest. Executive acknowledges that the Company Group may amend any such policies and guidelines from
time to time, and that Executive remains at all times bound by their most current version. 
 (d) Notwithstanding the foregoing, this
Section 4.4 is subject to the provisions of California Labor Code Sections 2870, 2871 and 2872. In accordance with Section 2870 of the California Labor Code, Executive’s obligation to assign Executive’s right, title and interest
throughout the world in and to all Company Works does not apply to any Works that Executive developed entirely on his own time without using the Company’s equipment, supplies, facilities, or Confidential Information except for those Company
Works that either (A) relate to the business of the Company Group at the time of conception or reduction to practice of the Work, or actual or demonstrably anticipated research or development of the Company Group or (B) result from any
work performed by Executive for the Company Group. A copy of California Labor Code Sections 2870, 2871 and 2872 is attached to this Agreement as Exhibit B. Executive shall disclose all Works to the Company, even if Executive does not believe
that Executive is required under this Agreement, or pursuant to California Labor Code Section 2870, to assign his interest in such Works to the Company. 

4.5 Reasonable Limitation and Severability; Injunctive Relief. The parties agree that the above restrictions are (i) reasonable
given Executive’s role with the Company, and are necessary to protect the interests of the Company Group and (ii) completely severable and independent agreements supported by good and valuable consideration and, as such, shall survive the
termination of this Agreement for any reason whatsoever. The parties further agree that any invalidity or unenforceability of any one or more of such restrictions on competition shall not render invalid or unenforceable any remaining restrictions on
competition. Additionally, should a court of competent jurisdiction determine that the scope of any provision 

  
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of this Section 4 is too broad to be enforced as written, the parties hereby authorize the court to reform the provision to such narrower scope as it determines to be reasonable and
enforceable and the parties intend that the affected provision be enforced as so amended. Executive acknowledges and agrees that the Company’s remedies at law for a breach or threatened breach could be inadequate and the Company could suffer
significant harm and irreparable damages as a result of a breach or threatened breach. In recognition of this fact, Executive agrees that, in the event of such a breach or threatened breach, in addition to any remedies at law or under the Equity
Agreements or any other agreement between Executive and any member of the Company Group, the Company, without posting any bond, shall be entitled to cease making payments or providing any benefit otherwise required by this Agreement and obtain
equitable relief in the form of specific performance, temporary restraining order, temporary or permanent injunction or any other equitable remedy which may then be available. The remedies under this Agreement are without prejudice to the
Company’s right to seek any other remedy to which it may be entitled at law or in equity. 
 5. GENERAL PROVISIONS 

5.1 Assignment; Successors. This Agreement is binding on and is for the benefit of the parties hereto and their respective successors,
assigns, heirs, executors, administrators and other legal representatives. Neither this Agreement nor any right or obligation hereunder may be assigned by Executive. The Company may at any time assign all or any of its obligations under this
Agreement to any other member of the Company Group, subject to Executive’s consent (not to be unreasonably withheld), provided that no such consent shall be required to assign all or any of its obligations under this Agreement to Issuer or in
order to cause Executive to remain employed by a member of the Company Group following any sale or license of a Divested Business. The Company shall require any such assignee or successor (whether direct or indirect, by purchase, merger,
consolidation or otherwise) to all or substantially all of the business and/or assets of the Company to assume this Agreement in the same manner and to the same extent that the Company would have been required to perform it if no such succession had
taken place. As used in the Agreement, “the Company” shall mean both the Company as defined above and any such successor that assumes this Agreement, by operation of law or otherwise, and the terms “Board” and
“Committee” shall refer to the Board of Managers and Compensation Committee of Parent, to the board of directors or managers and/or compensation or similar committee of any successor or assign, including Issuer. 

5.2 Legal Fees. Not later than ten (10) business days of the Effective Date, the Company shall pay or reimburse Executive for any
and all reasonable attorneys’ fees and related costs paid in connection with his negotiation and execution of this Agreement and the Equity Agreements, up to a maximum amount of $40,000. 

5.3 Notice. For the purposes of this Agreement, notices and all other communications provided for in this Agreement shall be in writing
and shall be deemed to have been duly given when delivered in person or mailed by certified or registered mail, return receipt requested, postage prepaid, addressed to the respective addresses set forth below (or such other address as is provided in
writing to the other party): 

  
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	To the Company or Parent	  	 General Counsel
 Corporate Headquarters

2821 Mission College Blvd.
 Santa Clara, CA 95054

		
	With copies (not constituting notice to:	  	 TPG Global, LLC
 301 Commerce Street, Suite
3300
 Fort Worth, TX 76102
 Attention: Adam Fliss

AFliss@tpg.com
  

and
  

Ropes & Gray LLP
 2099 Pennsylvania Avenue, N.W.

Washington, DC 20006-6807
 Attention: Adam Stella

Email: adam.stella@ropesgray.com

		
	To Executive:	  	At his most recent address or email address shown in the Company’s records
		
	With copies (not constituting notice to:	  	 Morgan, Lewis & Bockius LLP
 101 Park
Avenue
 New York, NY 10178-0060
 Attention: Gary Rothstein

Email: gary.rothstein@morganlewis.com



 5.4 Amendment and Waiver. No provision of this Agreement may be amended or waived unless such
amendment or waiver is in writing, with such written document explicitly referencing this Agreement, and signed by each of the parties hereto. 

5.5 Non-Waiver of Breach. No failure by either party to declare a default due to any breach of
any obligation under this Agreement by the other, nor failure by either party to act quickly with regard thereto, shall be considered to be a waiver of any such obligation, or of any future breach. 

5.6 Severability. In the event that any provision or portion of this Agreement shall be determined to be invalid or unenforceable for
any reason, the remaining provisions of this Agreement shall be unaffected thereby and shall remain in full force and effect. 
 5.7
Governing Law. To the extent not preempted by federal law, the validity and effect of this Agreement and the rights and obligations of the parties hereto shall be construed and determined in accordance with the law of Delaware, without regard to
any conflict of law provisions thereof. The parties irrevocably consent to the jurisdiction of, and venue in, the state and federal courts in the State of Delaware, with respect to any matters pertaining to, or arising


  
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from, this Agreement, the Equity Agreements or Executive’s employment by the Company Group. By signing this Agreement, Executive acknowledges and agrees that he has been individually
represented by legal counsel in negotiating the terms of this Agreement and the Equity Agreements (including without limitation as to all restrictive covenants contained herein, the remedies for breaches of such covenants, and the governing law and
forum that will apply in the event of any disputes related to such restrictive covenants). 
 5.8 Entire Agreement. This Agreement
contains all of the terms agreed upon by the Company and Executive with respect to the subject matter hereof and supersedes all prior agreements, arrangements and communications between the parties dealing with such subject matter, whether oral or
written, including, without limitation, the CEO Employment Term Sheet dated as of January 7, 2020. 
 5.9 Headings. Numbers and
titles to Sections hereof are for information purposes only and, where inconsistent with the text, are to be disregarded. 
 5.10
Counterparts. This Agreement may be executed in any number of counterparts, each of which shall be deemed an original, but all of which when taken together, shall be and constitute one and the same instrument. 

5.11 Taxes. 
 (a) The
Company may withhold from any payment hereunder such state, federal or local income, employment or other taxes and other legally mandated withholdings as it reasonably deems appropriate. The Company makes no representation about the tax treatment or
impact of any payment(s) hereunder. 
 (b) The intent of the parties is that payments and benefits under this Agreement comply with or be
exempt from Section 409A, to the extent subject thereto, and, accordingly, to the maximum extent permitted, this Agreement shall be interpreted and administered to be in compliance with or exempt from Section 409A. The payments to
Executive pursuant to this Agreement are also intended to be exempt from Section 409A to the maximum extent possible, under either the separation pay exemption pursuant to Treasury regulation
§1.409A-1(b)(9)(iii) or as short-term deferrals pursuant to Treasury regulation §1.409A-1(b)(4), and each amount to be paid or benefit to be provided to
Executive pursuant to this Agreement, shall be construed as a separate payment for purposes of Section 409A. Notwithstanding anything herein to the contrary, to the extent any payments made or contemplated hereunder constitute nonqualified
deferred compensation, within the meaning of Section 409A: (i) if at the time of Executive’s termination of employment with the Company, Executive is a “specified employee” as defined in Section 409A and the deferral of
the commencement of any payments or benefits otherwise payable hereunder as a result of such termination of employment is necessary in order to prevent any accelerated or additional tax under Section 409A, then the Company will defer the
commencement of the payment of any such payments or benefits hereunder (without any reduction in such payments or benefits ultimately paid or provided to Executive) until the date that is six (6) months and one (1) day following
Executive’s termination of employment with the Company (or the earliest date as is permitted under Section 409A); (ii) if any other payments of money or other benefits due to 

  
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Executive hereunder could cause the application of an accelerated or additional tax under Section 409A, such payments or other benefits shall be deferred if deferral will make such payment
or other benefits compliant under Section 409A, or otherwise such payment or other benefits shall be restructured, to the extent possible, in a manner determined by the Company that does not cause such an accelerated or additional tax; and
(iii) to the extent required in order to avoid accelerated taxation and/or tax penalties under Section 409A, Executive shall not be considered to have terminated employment with the Company for purposes of this Agreement and no payment
shall be due to Executive under this Agreement until Executive would be considered to have incurred a “separation from service” from the Company within the meaning of Section 409A. To the extent required to avoid an accelerated or
additional tax under Section 409A, amounts reimbursable to Executive under this Agreement shall be paid to Executive on or before the last day of the year following the year in which the expense was incurred and the amount of expenses eligible
for reimbursement (and in-kind benefits provided to Executive) during any one year may not affect amounts reimbursable or provided in any subsequent year and may not be liquidated or exchanged for any other
benefit. Neither the Company nor any of its employees or representatives shall have any liability to Executive with respect to Section 409A. 

(c) Notwithstanding anything to the contrary in Sections 3.5 or 3.6, in the event that the COBRA Subsidy would subject the Company Group or
Executive to any material tax or penalty under the Patient Protection and Affordable Care Act (as amended from time to time, the “ACA”) or Section 105(h) of the Internal Revenue Code of 1986, as amended
(“Section 105(h)”), or applicable regulations or guidance issued under the ACA or Section 105(h), Executive and the Company agree to work together in good faith, consistent with the requirements for
compliance with or exemption from Section 409A, to restructure such benefit. 
 5.12 Clawback. Notwithstanding anything in this
Agreement to the contrary, Executive acknowledges that the Company Group may be entitled or required by law, the Equity Agreements or, in connection with or following an initial Public Offering, a customary clawback policy adopted by the Company
Group (as amended from time to time, the “Clawback Policy”) or the requirements of an exchange on which the shares of an affiliate of the Company are listed for trading, to recoup compensation paid to Executive pursuant to this
Agreement or otherwise, and Executive agrees to comply with any such reasonable request or demand for recoupment by the Company. 
 5.13
Company Policies. Executive shall be subject to Company Group policies as they may exist from time-to-time, including policies with regard to equity ownership
by senior executives, the Clawback Policy, policies regarding the hedging or pledging of securities, and policies regarding trading of securities to the extent that such policies have been made available to Executive.

5.14 Return of Property. Upon termination of Executive’s employment with the Company for any reason, Executive shall immediately
destroy, delete, or return to the Company, at the Company’s option, all originals and copies in any form or medium (including memoranda, books, papers, plans, computer files, letters and other data) in Executive’s possession or control
that contain Confidential Information or otherwise relate to the business of the Company Group, and cooperate with the Company regarding the delivery or destruction of any other Confidential Information of which Executive is or becomes aware, and
shall otherwise return to the Company all material property of the Company Group. 

  
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 5.15 No Conflict; Representations. Executive represents and warrants to the Company
that (i) the execution, delivery and performance of this Agreement by Executive does not and shall not conflict with, breach, violate or cause a default under any contract, agreement, instrument, order, judgment or decree to which Executive is
a party or by which he is bound, (ii) Executive is not a party to or bound by an employment agreement, non-compete agreement, non-solicit agreement, confidentiality
or similar agreement or arrangement with any other Person which would interfere with the performance of his duties hereunder; and (iii) Executive has never been the subject of a sexual harassment, sexual misconduct and sex-based discrimination allegation, including at any prior employer. In connection with his employment with the Company Group, Executive will not use, disclose or rely on any confidential, proprietary or trade
secret information belonging to a former employer or other third party. 
 5.16 Indemnification; Liability Insurance. During the Term
and thereafter, the Company and Parent agree that they each shall provide Executive with Directors & Officers liability insurance coverage to the same extent that they indemnify and/or provide such insurance coverage to their respective
directors and other most senior executive officers. In addition, Executive and the Company shall enter into an indemnification agreement in the form attached hereto as Exhibit C. 

5.17 Survival. Except as otherwise expressly provided in this Agreement, all covenants, representations and warranties, express or
implied, in addition to the provisions of Sections 4 and 5 of this Agreement, shall survive the termination of this Agreement. 

[signatures on next page] 

  
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 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed on the
date and year first written above. 
  

			
	MCAFEE, LLC
		
	By:	 	 /s/ Tim Millikin

	Name: Tim Millikin
	Title: Authorized Signatory
	
	 FOUNDATION TECHNOLOGY

WORLDWIDE LLC

		
	By:	 	 /s/ Tim Millikin

	Name: Tim Millikin
	Title: Member, Board of Managers
	
	EXECUTIVE
	
	 /s/ Peter Leav

	Peter Leav














 Annex I 
  

	 	•	 	 Member of the Board of Directors at Box Inc. 



 

	 	•	 	 Member of the Board of Directors at Proofpoint Inc. 














 Exhibit A 

RELEASE OF CLAIMS 
 FOR AND
IN CONSIDERATION OF the severance pay and benefits to be provided to me under the Employment Agreement between me and McAfee Employee Holdings, LLC (the “Company”), Foundation Technology Worldwide LLC (“Parent”)
(the “Employment Agreement”), which are conditioned on my signing this Release of Claims and to which I am not otherwise entitled, and other good and valuable consideration, the receipt and sufficiency of which is hereby
acknowledged, I, on my own behalf and on behalf of my heirs, executors, administrators, beneficiaries, representatives and assigns, and all others connected with or claiming through me, hereby release and forever discharge the Company, Parent and
their current and past parents, subsidiaries and other affiliates and all of their respective past, present and future officers, directors, trustees, shareholders, employees, agents, employee benefit plans, general and limited partners, members,
managers, investors, joint venturers, representatives, successors and assigns, and all others connected with any of them, both individually and in their official capacities (collectively, the “Released Parties”), from any and all
causes of action, rights and claims of any type or description, known or unknown, which I have had in the past, now have, or might now have, through the date of my signing of this Release of Claims, in any way related to, connected with or arising
out of my employment or its termination or the Employment Agreement or pursuant to any federal, state or local law, regulation or other requirement (including without limitation Title VII of the Civil Rights Act of 1964, the Age Discrimination in
Employment Act, as amended by the Older Workers Benefit Protection Act, the Employee Retirement Income Security Act, the Americans with Disabilities Act, and/or the fair employment practices statute of the state or states in which I was previously
employed by the Company or otherwise had a relationship with the Company or any of its subsidiaries or other affiliates, each as amended from time to time) (collectively, the “Released Claims”). This Release of Claims shall not
apply to (a) any claim that arises after I sign this Release of Claims, (b) any rights to indemnification that I may have, (c) any claim that may not be waived pursuant to applicable law, (d) my rights to severance pay and
benefits under the Employment Agreement as set forth on Schedule I1, (e) any rights I may have in respect of any vested equity that remains outstanding in accordance with its terms
after my termination of employment under the Equity Agreements or (f) my rights to any vested benefits to which I am entitled under the terms of any of the Company’s employee benefit plans. 

In signing this Release, I expressly waive and relinquish all rights and benefits afforded by Section 1542 of the Civil Code of the State of California,
and do so understanding and acknowledging the significance of such specific waiver of Section 1542, which Section states as follows: 

A general release does not extend to claims that the creditor or releasing party does not know or suspect to exist in his or her favor at the
time of executing the release and that, if known by him or her, would have materially affected his or her settlement with the debtor or released party. 

 

	1 	 Schedule to reflect severance owed at termination. 



  
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 Thus, notwithstanding the provisions of Section 1542, and for the purpose of implementing a full and
complete release and discharge of the Released Parties, I expressly acknowledge that this Release is intended to include in its effect, without limitation, all Released Claims which I do not know or suspect to exist in my favor at the time of
execution hereof, and that this Release contemplates the extinguishment of such Release Claim or Released Claims. 
 Notwithstanding the
foregoing, nothing in this Release of Claims shall be construed to prohibit me from filing a charge with or participating in any investigation or proceeding conducted by the federal Equal Employment Opportunity Commission or a comparable state or
local agency, except that I hereby agree to waive my right to recover monetary damages or other individual relief in any such charge, investigation or proceeding, or any related complaint or lawsuit filed by me or by anyone else on my behalf. 

In signing this Release of Claims, I acknowledge my understanding that I may consider the terms of this Release of Claims for up to [twenty-one (21)/forty-five (45)]2 days from the date I receive it and that I may not sign this Release of Claims until after the date my employment with the
Company terminates. I also acknowledge that I am hereby advised by the Company to seek the advice of an attorney prior to signing this Release of Claims; that I have had sufficient time to consider this Release of Claims and to consult with an
attorney, if I wished to do so, or to consult with any other person of my choosing before signing; and that I am signing this Release of Claims voluntarily and with a full understanding of its terms. 

I further acknowledge that, in signing this Release of Claims, I have not relied on any promises or representations, express or implied, that
are not set forth expressly in the Release of Claims. I understand that I may revoke this Release of Claims at any time within seven (7) days of the date of my signing by written notice to the Chairman of the Company’s Board of Directors
and that this Release of Claims will take effect only upon the expiration of such seven-day revocation period and only if I have not timely revoked it. 

Intending to be legally bound, I have signed this Release of Claims as of the date written below. 

 

			
	Signature:
                                         
           	  	
	Name:
                                         
                 	  	
	Date Signed:
                                         
       	  	

  

	2 	 To be determined by the Company at the time of separation. 



  
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 Exhibit B 

You are hereby notified that the Employment Agreement to which this Exhibit B is attached does not apply to any invention which qualifies
fully for exclusion under the provisions of Section 2870 of the California Labor Code, and that the provisions of Section 4.4 of the Employment Agreement are subject to the provisions of Sections 2870, 2871 and 2872 of the California Labor
Code. 
 The following is the text of California Labor Code Sections 2870, 2871 and 2872: 

SECTION 2870 
 (a) Any provision in an employment agreement which
provides that an employee shall assign, or offer to assign, any of his or her rights in an invention to his or her employer shall not apply to an invention that the employee developed entirely on his or her own time without using the employer’s
equipment, supplies, facilities, or trade secret information except for those inventions that either: 
  

	 	(1)	 Relate at the time of conception or reduction to practice of the invention to the employer’s business, or
actual or demonstrably anticipated research or development of the employer; or 


  

	 	(2)	 Result from any work performed by the employee for the employer. 



(b) To the extent a provision in an employment agreement purports to require an employee to assign an invention otherwise excluded from being required to be
assigned under subdivision (a), the provision is against the public policy of this state and is unenforceable. 
 SECTION 2871 

No employer shall require a provision made void and unenforceable by Section 2870 as a condition of employment or continued employment. Nothing in this
article shall be construed to forbid or restrict the right of an employer to provide in contracts of employment for disclosure, provided that any such disclosures be received in confidence, of all of the employee’s inventions made solely or
jointly with others during the term of his or her employment, a review process by the employer to determine such issues as may arise, and for full title to certain patents and inventions to be in the United States, as required by contracts between
the employer and the United States or any of its agencies. 
 SECTION 2872 

If an employment agreement entered into after January 1, 1980 contains a provision requiring the employee to assign or offer to assign any of his or her
rights in any invention to his or her employer, the employer must also, at the time the agreement is made, provide a written notification to the employee that the agreement does not apply to an invention which qualifies fully under the provisions of
Section 2870. In any suit or action arising thereunder, the burden of proof shall be on the employee claiming the benefits of its provisions. 












 Exhibit C 

[Attached] 

  
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