Complex sentence: Richard Hendriks is a shy, reclusive programmer for Hooli (a large corporation) living in a house in Palo Alto that serves as an "incubation" program run by Erlich Bachman.
Split into simpler sentences: Richard Hendriks is a shy, reclusive programmer for Hooli (a large corporation) living in a house in Palo Alto. He lives there under an "incubation" program run by Erlich Bachman.