Document:

<PAGE>
                                                                   Exhibit 10.34

                                                                    CONFIDENTIAL

                                SUPPLY AGREEMENT

This Agreement is made as of the last date set forth on the signature page
hereto (the "EFFECTIVE DATE") between Solarfun Power Hong Kong Limited, a
company registered in Hong Kong (hereinafter "SOLARFUN") and Hoku Scientific,
INC., a Delaware corporation (hereinafter "HOKU"). HOKU and SOLARFUN are
sometimes referred to in the singular as a "PARTY" or in the plural as the
"PARTIES".

                                    RECITALS

Whereas, HOKU desires to supply polysilicon to SOLARFUN for its general use
beginning in calendar year 2009 for a continuous period of eight years from the
date of the first shipment;

Whereas, in exchange for HOKU's agreement to allocate the supply of polysilicon,
SOLARFUN desires to provide HOKU with a firm order for polysilicon upon the
terms and conditions provided herein;

NOW, THEREFORE, in furtherance of the foregoing Recitals and in consideration of
the mutual covenants and obligations set forth in this Agreement, the Parties
hereby agree as follows:

1.   Definitions.

The following terms used in this Agreement shall have the meanings set forth
below:

     1.1. "AFFILIATE" shall mean, with respect to either Party to this
          Agreement, any entity that is controlled by or under common control
          with such Party.

     1.2. "AGREEMENT" shall mean this Supply Agreement and all appendices
          annexed to this Agreement as the same may be amended from time to time
          in accordance with the provisions hereof.

     1.3. "ESCROW ACCOUNT" is the bank deposit account created with the Escrow
          Agent pursuant to the Escrow Agreement.

     1.4. "ESCROW AGENT" shall mean (A) a bank that is domiciled in and
          organized under the laws of one of the fifty states of the United
          States of America, and which is reasonably acceptable to HOKU, or (B)
          a bank located in China whose obligations and responsibilities are
          guaranteed by a bank that is domiciled in and organized under the laws
          of one of the fifty states of the United States of America, and which
          is reasonably acceptable to HOKU, or (C) any other bank that is
          acceptable to HOKU in its sole discretion, or (D) any successor escrow
          agent appointed pursuant to the Escrow Agreement.

     1.5. "ESCROW AGREEMENT" has the meaning set forth in Section 5.4.1 below.

     1.6. "FIRST SHIPMENT DATE" shall mean the first day of the calendar month
          in which HOKU commences deliveries to SOLARFUN of Products pursuant to
          this Agreement.

     1.7. "FACILITY" shall mean any facility used by HOKU for the production of
          the Product.

     1.8. "MINIMUM ANNUAL QUANTITY OF PRODUCT" means two hundred metric tons
          (200,000 kilograms) of Product during the first Year and seven hundred
          fifty metric tons (750,000 kilograms) during each of the second
          through eighth Year, inclusive.

     1.9. "PRODUCT" shall mean the raw polysilicon in chunk form manufactured by
          HOKU and sold to SOLARFUN pursuant to this Agreement.

<TABLE>
<S>                                                 <C>
SOLARFUN Initials & Date /s/ WS November 15, 2007   HOKU Initials & Date /s/ DS November 19, 2007
                         ------------------------                        ------------------------
</TABLE>

                                  PAGE 1 OF 11

<PAGE>
                                                                    CONFIDENTIAL

     1.10. "PRODUCT SPECIFICATIONS" shall mean the quality and other
          specifications set forth on Appendix 2 to this Agreement.

     1.11. "TERM" shall mean the period during which this Agreement is in
          effect, as more specifically set forth in Section 9 of this Agreement.

     1.12. "TOTAL DEPOSIT" shall mean all deposits or prepayments made by
          SOLARFUN to HOKU hereunder including without limitation the Initial
          Deposit and the Main Deposit.

     1.13. "YEAR" shall mean each of the eight (8) twelve-month periods
          commencing on the First Shipment Date.

2.   Ordering. Starting on the First Shipment Date and each Year during the term
     of this Agreement thereafter, SOLARFUN agrees to purchase from HOKU, and
     HOKU agrees to sell to SOLARFUN, the Minimum Annual Quantity of Product at
     the prices set forth on Appendix 1 to this Agreement (the "PRICING
     SCHEDULE"). This Agreement constitutes a firm order from SOLARFUN for 5,450
     metric tons of Product that cannot be cancelled during the term of this
     Agreement, except as set forth in Section 9 below.

3.   Supply Obligations.

     3.1. HOKU shall deliver each Year pursuant to this Agreement starting on
          the First Shipment Date at least the Minimum Annual Quantity of
          Product in approximately equal monthly shipments pursuant to Section
          4.1 below; provided however, that if HOKU fails to deliver a monthly
          shipment, then HOKU may deliver any deficiency within thirty (30) days
          without breaching this section or incurring any purchase price
          adjustment (pursuant to Section 3.3 below). At any time during the
          term of this Agreement, HOKU may ship to SOLARFUN up to the full
          cumulative balance of Minimum Annual Quantity of Product to be shipped
          through the end of this Contract (an "EXCESS SHIPMENT") with
          SOLARFUN's written consent. This shipment will be credited against
          each subsequent Minimum Annual Quantity of Product. For example, if
          the Minimum Annual Quantity of Product for a given Year is 750 metric
          tons, and if HOKU delivers 750 metric tons in January, then the next
          shipment of 750 metric tons is not required until the following Year.

     3.2. HOKU intends to manufacture the Products at its Facility; however,
          notwithstanding anything to the contrary herein, HOKU may deliver to
          SOLARFUN Products that are manufactured by a third party other than
          HOKU, where HOKU is acting only as a reseller or distributor of such
          Products; and provided that the Products meet the Product
          Specifications and price set forth in this Agreement.

     3.3. Except in the case of a force majeure pursuant to Section 12 below, if
          at any time after September 30, 2009, HOKU does not supply any
          Products pursuant to Section 3.1 or 3.2 within thirty (30) days of the
          scheduled delivery date, HOKU will provide SOLARFUN with a purchase
          price adjustment. Such purchase price adjustment shall be two and
          one-half percent (2.5%) of the value of the respective delayed
          Products for each week or part thereof that the Product shipment (or
          part thereof) is delayed beyond the thirty (30) day grace period. Any
          purchase price adjustment as a result of this Section 3.3 will be paid
          by HOKU at the end of the term of the applicable calendar quarter. In
          lieu of making a cash payment to SOLARFUN pursuant to this Section
          3.3, HOKU may, at its option, pay for such purchase price adjustment
          in the form of a credit issued for future shipments of Products.
          Notwithstanding anything to the contrary, the maximum amount of such
          purchase price adjustment shall not exceed fifty percent (50%) of the
          value of the respective delayed Products. Monthly shipments which are
          delayed beyond one hundred fifty (150) days shall be deemed to
          constitute a material breach of this Agreement pursuant to Section
          9.2.1 below.

<TABLE>
<S>                                                 <C>
SOLARFUN Initials & Date /s/ WS November 15, 2007   HOKU Initials & Date /s/ DS November 19, 2007
                         ------------------------                        ------------------------
</TABLE>

                                  PAGE 2 OF 11

<PAGE>
                                                                    CONFIDENTIAL

     3.4. If HOKU delivers any Products to SOLARFUN prior to October 1, 2009,
          then SOLARFUN shall pay HOKU a premium equal to 20% of the applicable
          purchase price for the Products shipped.

4.   Shipping & Delivery.

     4.1. Except as provided in Section 3.2 above, shipments shall be made from
          the Facility on a monthly basis in accordance with a shipment schedule
          that will be provided by HOKU each Year under this Agreement (the
          "SHIPMENT SCHEDULE") no later than sixty (60) days prior to the
          applicable year. The Shipment Schedule shall provide for approximately
          equal monthly shipments that add up to the Minimum Annual Quantity of
          Products.

     4.2. HOKU agrees that it will not enter into any additional supply contract
          with, or make any supply commitment to, any third party (not including
          the long term supply contracts that have been signed prior to the
          Effective Date (the "PRE-EXISTING COMMITMENTS")) if the aggregate of
          HOKU's delivery obligations under all of its supply contracts
          (including those with SOLARFUN and its Pre-existing Commitments) and
          such additional supply contract/commitment during any month would
          exceed the rated monthly production capacity of all polysilicon
          reactors at all HOKU Facilities, as certified by the manufacturer
          thereof. Subject to the foregoing, this Section 4.2 shall not preclude
          HOKU from (A) entering into supply contracts for additional capacity
          from Facility expansion, including pre-sales of potential Facility
          expansions, or from increased productivity of the Reactors, or (B)
          selling on the spot market or entering into long-term contracts for
          the sale of polysilicon that does not meet the Product Specifications
          at any time during the term of this Agreement, provided that HOKU uses
          commercially reasonable efforts to meet the Product Specifications
          with respect to such polysilicon and that HOKU does not manufacture
          polysilicon for the purpose of making such spot market sales or
          fulfilling such long term contracts

     4.3. HOKU will use commercially reasonable efforts to make its first
          shipment of Products to SOLARFUN on or before July 1, 2009.

5.   Payments & Advances.

     5.1. Immediately upon signing this Agreement, SOLARFUN shall provide HOKU
          with a deposit of One Million U.S. Dollars (US$1,000,000) via wire
          transfer of immediately available funds (the "FIRST DEPOSIT") as
          advance payment for Products to be delivered under this Agreement.

     5.2. On or before December 28, 2007, SOLARFUN shall provide HOKU a second
          cash deposit of Nine Million U.S. Dollars (US$9,000,000.00) (the
          "SECOND DEPOSIT, and together with the First Deposit, the "INITIAL
          DEPOSIT") as advance payment for Products to be delivered under this
          Agreement.

     5.3. SOLARFUN shall pay in cash to HOKU the additional sum of Forty-Five
          Million U.S. Dollars (USD $45,000,000.00) (the "MAIN DEPOSIT") as an
          advance payment for Products to be delivered under this Agreement in
          accordance with the payment schedule set forth below.

          5.3.1. Forty-Four and one-half percent (44.5%) of the Main Deposit
               (USD $20,000,000.00) (the "THIRD DEPOSIT") shall be paid to HOKU
               on September 30, 2008 (the "THIRD DEPOSIT DATE").

          5.3.2. Forty-Four and one-half percent (44.5%) of the Main Deposit
               (USD $20,000,000) (the "FOURTH Deposit") shall be paid to HOKU on
               March 31, 2009 (the "FOURTH DEPOSIT DATE").

<TABLE>
<S>                                                 <C>
SOLARFUN Initials & Date /s/ WS November 15, 2007   HOKU Initials & Date /s/ DS November 19, 2007
                         ------------------------                        ------------------------
</TABLE>

                                  PAGE 3 OF 11

<PAGE>
                                                                    CONFIDENTIAL

          5.3.3. Eleven percent (11%) of the Main Deposit (USD $5,000,000.00)
               (the "FIFTH DEPOSIT") shall be paid to HOKU on March 31, 2010
               (the "FIFTH DEPOSIT DATE").

     5.4. Escrow Agreement; Letter of Credit.

          5.4.1. On or before January 10, 2008, either (A) SOLARFUN shall
               provide to HOKU an irrevocable stand-by letter of credit in
               substantially the form of APPENDIX 3 attached hereto (the "LETTER
               OF CREDIT") in the amount of the Main Deposit, or (B) SOLARFUN,
               HOKU and the Escrow Agent shall sign an escrow agreement in
               substantially the form of APPENDIX 4 (the "ESCROW AGREEMENT"),
               and SOLARFUN shall deposit into the Escrow Account the amount of
               the Main Deposit.

               5.4.1(a) If the Letter of Credit is provided pursuant to Section
                    5.4.1(A) above, then such Letter of Credit shall be issued
                    to HOKU by a bank domiciled in and organized under the laws
                    of one of the fifty states of the United States of America,
                    and which is reasonably acceptable to HOKU (the "ISSUING
                    BANK"). The Letter of Credit shall be issued in US Dollars
                    for the full amount of the Main Deposit, and shall be freely
                    assignable by HOKU in connection with any assignment of this
                    Agreement by HOKU pursuant to Section 13.3 below. Payment to
                    HOKU of the Third Deposit, Fourth Deposit and Fifth Deposit
                    shall be made by the Issuing Bank upon its receipt of
                    written notice that SOLARFUN has failed to make such payment
                    on the Third Deposit Date, the Fourth Deposit Date or the
                    Fifth Deposit Date, as applicable. The Letter of Credit
                    shall expire on the later of the date when (A) the Main
                    Deposit has been paid in full to HOKU by SOLARFUN, or (B)
                    the Main Deposit has been paid in full to HOKU by the
                    Issuing Bank.

               5.4.1(b) If the Escrow Agreement is entered into pursuant to
                    Section 5.4.1(B) above, then the Main Deposit may be
                    deposited into the Escrow Account in US Dollars or Chinese
                    RMB; provided, however, that all payments to HOKU pursuant
                    to this Agreement shall be in US Dollars. Payment of the
                    Third Deposit, Fourth Deposit and Fifth Deposit shall
                    automatically be made to HOKU from the Escrow Account
                    pursuant to the Escrow Agreement on the Third Deposit Date,
                    Fourth Deposit Date and Fifth Deposit Date, as applicable.
                    Notwithstanding anything to the contrary, all payments from
                    the Escrow Account to HOKU shall be made in US Dollars,
                    unless HOKU and SOLARFUN otherwise agree in writing. In the
                    event that the amount of any payment from the Escrow Account
                    to HOKU in US Dollars is less than the Third Deposit, Fourth
                    Deposit, or Fifth Deposit, as applicable, due to currency
                    exchange rates from Chinese RMB to US Dollars, then SOLARFUN
                    shall be obligated to immediately pay HOKU in US Dollars the
                    difference between the actual payment from the Escrow
                    Account and the Third Deposit, Fourth Deposit or Fifth
                    Deposit, as applicable. The final form of the Escrow
                    Agreement may be different from the form attached as
                    Appendix 4, acceptance of which by the Parties shall be
                    evidenced by HOKU and SOLARFUN's execution thereof.

     5.5. HOKU shall invoice SOLARFUN at or after the time of each shipment of
          Products to SOLARFUN. Taxes, customs and duties, if any, will be
          identified as separate items on HOKU invoices. All invoices shall be
          sent to SOLARFUN's address as provided herein. Payment terms for all
          invoiced amounts shall be thirty (30) days from date of shipment. All
          payments shall be made in U.S. Dollars. Unless HOKU is entitled to
          retain the Total Deposit as liquidated damages pursuant to Section 11
          below, shipments to SOLARFUN shall be credited against the Total
          Deposit beginning in the second Year, as set forth in APPENDIX 1
          (Pricing Schedule).

     5.6. The prices for the Products do not include any excise, sales, use,
          import, export or other similar taxes, such taxes will not include
          income taxes or similar taxes, which taxes will be invoiced to and
          paid by SOLARFUN, provided that SOLARFUN is legally or contractually
          obliged to pay such taxes. SOLARFUN shall be responsible for all
          transportation charges, duties or charges for shipping and handling;
          thus, the price for the Products shall not include any such charges.

<TABLE>
<S>                                                 <C>
SOLARFUN Initials & Date /s/ WS November 15, 2007   HOKU Initials & Date /s/ DS November 19, 2007
                         ------------------------                        ------------------------
</TABLE>

                                  PAGE 4 OF 11

<PAGE>
                                                                    CONFIDENTIAL

     5.7. Late payments and outstanding balances shall accrue interest at the
          lesser of 10% per annum or the maximum allowed by law.

6.   Security Interest.

     6.1. Subject to receipt of the Initial Deposit and or payment of any
          portion of the Main Deposit HOKU hereby grants to SOLARFUN a security
          interest to secure the repayment by HOKU to SOLARFUN of the Total
          Deposit following any of the events set forth in Section 9.6 below,
          which shall be subordinated in accordance with Section 6.2 below, in
          all of the tangible and intangible assets related to HOKU's
          polysilicon business (the "COLLATERAL").

     6.2. SOLARFUN acknowledges and agrees that the security interests and liens
          in the Collateral will not be first priority security interests, will
          be expressly subordinated to HOKU's third-party lenders (the "SENIOR
          LENDERS") that provide debt financing for the construction of any HOKU
          Facility, and may be subordinated as a matter of law to other security
          interests, and to security interests that are created and perfected
          prior to the security interest granted to SOLARFUN hereby. SOLARFUN
          shall enter into subordination agreements with the Senior Lenders on
          terms and conditions reasonably acceptable to the Senior Lenders.

     6.3. In addition, SOLARFUN shall enter into collateral, intercreditor and
          other agreements (the "COLLATERAL AGREEMENTS") with HOKU's Senior
          Lenders, and with SANYO Electric Co., Ltd., Suntech Power Holding Co.,
          Ltd., Global Expertise Wafer Division, Ltd., and HOKU's other
          customers who provide prepayments for Products (collectively, "HOKU'S
          OTHER CUSTOMERS"), as may be reasonably necessary to ensure that the
          security interest granted hereby is pari passu with the security
          interests that may be granted to HOKU's Other Customers. SOLARFUN may
          not unreasonably refuse to sign any such Collateral Agreement,
          provided that such Collateral Agreement grants SOLARFUN a pari passu
          priority with respect to HOKU's Other Customers, and is expressly
          subordinated to the Senior Lenders.

     6.4. The security interest granted hereby shall continue so long as HOKU
          continues to maintain any amount of the Total Deposit, and only to the
          extent of such remaining amount of the Total Deposit being held by
          HOKU, which has not been credited against the shipment of Products
          pursuant to this Agreement, or otherwise repaid to SOLARFUN.
          Notwithstanding anything to the contrary contained in this Agreement,
          the Collateral consisting of real property shall secure only the
          obligations of HOKU to refund any portion of the Total Deposit to
          SOLARFUN in accordance with the terms of this Agreement.

     6.5. HOKU and SOLARFUN each agree to act in good faith to execute and
          deliver any additional document or documents that may be required in
          furtherance of the foregoing provisions of this Section 6, including
          the Collateral Agreements. Neither HOKU nor SOLARFUN may unreasonably
          refuse to sign any such document.

7.   Product Quality Guarantee.

     7.1. HOKU warrants to SOLARFUN that the Products shall meet the Product
          Specifications. For each shipment, this warranty shall survive for
          sixty (60) days after the applicable shipment date (the "WARRANTY
          PERIOD"). Upon release of the Products to a common carrier or freight
          forwarder, FOB origin, HOKU warrants that the Products shall be free
          of all liens, mortgages, encumbrances, security interests or other
          claims or rights. HOKU will, upon prompt notification and compliance
          with HOKU's instructions, refund or replace, at SOLARFUN's sole
          option, any Product which does not meet the Product Specifications,
          and SOLARFUN shall comply with the inspection and return goods policy
          described in Section 8 below with respect to such Products. No
          employee, agent or

<TABLE>
<S>                                                 <C>
SOLARFUN Initials & Date /s/ WS November 15, 2007   HOKU Initials & Date /s/ DS November 19, 2007
                         ------------------------                        ------------------------
</TABLE>

                                  PAGE 5 OF 11

<PAGE>
                                                                    CONFIDENTIAL

          representative of HOKU has the authority to bind HOKU to any oral
          representation or warranty concerning the Products. Any oral
          representation or warranty made prior to the purchase of any Product
          and not set forth in writing and signed by a duly authorized officer
          of HOKU shall not be enforceable by SOLARFUN. HOKU makes no warranty
          and shall have no obligation with respect to damage caused by or
          resulting from accident, misuse, neglect or unauthorized alterations
          to the Products.

     7.2. HOKU EXPRESSLY DISCLAIMS ALL OTHER WARRANTIES, WHETHER EXPRESS,
          IMPLIED OR STATUTORY, INCLUDING THE WARRANTIES OF MERCHANTABILITY, AND
          FITNESS FOR A PARTICULAR PURPOSE. HOKU's sole responsibility and
          SOLARFUN's exclusive remedy for any claim arising out of the purchase
          of any Product is a refund or replacement, as described above. In no
          event shall HOKU's liability exceed the purchase price paid therefore;
          nor shall HOKU be liable for any claims, losses or damages of any
          individual or entity or for lost profits or any special, indirect,
          incidental, consequential, or exemplary damages, howsoever arising,
          even if HOKU has been advised of the possibility of such damages.

     7.3. HOKU shall, at its own expense, indemnify and hold SOLARFUN and its
          Affiliates harmless from and against any expense or loss resulting
          from any actual or alleged infringement of any patent, trademark,
          trade secret, copyright, mask work or other intellectual property
          related to the Products, and shall defend at its own expense,
          including attorneys fees, any suit brought against SOLARFUN or
          SOLARFUN's Affiliates alleging any such infringement. SOLARFUN agrees
          that: (i) SOLARFUN shall give HOKU prompt notice in writing of any
          such suit; (ii) if HOKU provides evidence reasonably satisfactory to
          SOLARFUN of HOKU's financial ability to defend the matter vigorously
          and pay any reasonably foreseeable damages, SOLARFUN shall permit
          HOKU, through counsel of HOKU's choice, to answer the charge of
          infringement and defend such suit (but SOLARFUN, or SOLARFUN's
          Affiliate may be represented by counsel and participate in the defense
          at its own expense); and (iii) SOLARFUN shall give HOKU all needed
          information, assistance, and authority, at HOKU's expense, to enable
          HOKU to defend such suit. In case of a final award of damages in any
          such suit HOKU shall pay such award, but shall not be responsible for
          any settlement made without its prior consent. Except as otherwise
          expressly set forth herein, HOKU disclaims any obligation to defend or
          indemnify SOLARFUN, its officers, agents, or employees, from any
          losses, damages, liabilities, costs or expenses which may arise out of
          the acts of omissions of HOKU.

8.   Inspection and Return Goods Policy.

     8.1. An inspection of appearance of each shipment of Product shall be made
          by SOLARFUN in accordance with sound business practice upon the
          delivery of the Product, and in no case later than four weeks after
          delivery at SOLARFUN's factory. SOLARFUN shall inform HOKU promptly,
          and in no case later than six weeks after delivery of Product, in case
          of any obvious damages or other obvious defects to the Product which
          SOLARFUN discovers under the inspection of appearance.

     8.2. SOLARFUN shall perform final inspection of the Product upon
          introducing the Product into SOLARFUN's production process. Such
          inspection shall take place during the Warranty Period. If the Product
          does not meet the Product Specifications, SOLARFUN shall notify HOKU
          in writing without undue delay after the inspection and, together with
          the notification, submit documentary evidence of the result of the
          final inspection whereupon HOKU shall have the right to undertake its
          own inspection prior to any return of the Products pursuant to Section
          8.3 below.

     8.3. Products may be returned to HOKU within the later of (a) 10 days after
          discovery of a defect consistent with Sections 8.1 and 8.2 above; and
          (b) 10 days after HOKU completes its inspection and confirms the
          defect pursuant to Section 8.2 above, for replacement or a refund
          including all return shipment expenses. To assure prompt handling,
          HOKU shall provide SOLARFUN a return goods

<TABLE>
<S>                                                 <C>
SOLARFUN Initials & Date /s/ WS November 15, 2007   HOKU Initials & Date /s/ DS November 19, 2007
                         ------------------------                        ------------------------
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                                                                    CONFIDENTIAL

          authorization number within 48 hours of SOLARFUN's request. Provided
          that HOKU communicates this number to SOLARFUN within such timeframe,
          SOLARFUN will reference this number on return shipping documents.
          Returns made without the authorization number provided by HOKU in
          accordance with the foregoing may be subject to HOKU's reasonable
          charges due to HOKU's additional handling costs. HOKU reserves the
          right to reverse any credit issued to SOLARFUN if, upon return, such
          Product is determined by a predetermined third party not to be
          defective.

9.   Term and Termination.

     9.1. The term of this Agreement shall begin on the Effective Date and
          provided that the first delivery of the Product under this Agreement
          shall occur in 2009 or earlier, and unless previously terminated as
          hereinafter set forth, shall remain in force for a period of eight
          Years beginning with the First Shipment Date.

     9.2. Each Party may, at its discretion, upon written notice to the other
          Party, and in addition to its rights and remedies provided under this
          Agreement or any other agreement executed in connection with this
          Agreement and at law or in equity, terminate this Agreement in the
          event of any of the following:

          9.2.1. Upon a material breach of the other Party of any material
               provision in this Agreement, and failure of the other Party to
               cure such material breach within sixty (60) days after written
               notice thereof; provided, however, that such cure period shall
               not modify or extend the 150-day cure period for HOKU's delivery
               obligations pursuant to Section 3.3 above; and provided, further
               that such sixty (60) day cure period shall not apply to
               SOLARFUN's failure to make any payment to HOKU pursuant to this
               Agreement. In the event of SOLARFUN's failure to make payment on
               the 30-day payment terms set forth in Section 5.5 hereof,
               termination by HOKU shall require the issuance of a written
               notice of default containing the threat of immediate termination
               if payment is not made within an additional grace period of not
               less than ten (10) business days.

          9.2.2. Upon the voluntary or involuntary initiation of bankruptcy or
               insolvency proceedings against the other Party; provided, that
               for an involuntary bankruptcy or insolvency proceeding, the Party
               subject to the proceeding shall have sixty (60) working days
               within which to dissolve the proceeding or demonstrate to the
               terminating Party's satisfaction the lack of grounds for the
               initiation of such proceeding;

          9.2.3. If the other Party (i) becomes unable, or admits in writing its
               inability, to pay its debts generally as they mature, (ii)
               becomes insolvent (as such term may be defined or interpreted
               under any applicable statute); or

          9.2.4. In accordance with the provisions of Section 12 (Force Majeure)
               below.

          9.2.5. Without limiting the foregoing, SOLARFUN shall have the right
               to terminate this Agreement if the First Shipment Date does not
               occur on or before December 31, 2009.

     9.3. HOKU shall have the right to terminate this Agreement if SOLARFUN
          fails to pay HOKU the Second Deposit on or before December 28, 2007,
          in which case HOKU shall be entitled to retain the First Deposit as
          liquidated damages.

     9.4. HOKU shall have the right to terminate this Agreement if on or before
          January 10, 2008 SOLARFUN has failed to either (A) enter into the
          Escrow Agreement with HOKU and the Escrow Agent and deposit the Main
          Deposit into the Escrow Account pursuant to Section 5.4.1 above, or
          (B)

<TABLE>
<S>                                                 <C>
SOLARFUN Initials & Date /s/ WS November 15, 2007   HOKU Initials & Date /s/ DS November 19, 2007
                         ------------------------                        ------------------------
</TABLE>

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                                                                    CONFIDENTIAL

          deliver the Letter of Credit pursuant to Section 5.4.1 above, in which
          case, HOKU shall be entitled to retain the Initial Deposit as
          liquidated damages.

     9.5. Upon the expiration or termination of this Agreement howsoever
          arising, the following Sections shall survive such expiration or
          termination: Sections 1 (Definitions); Section 7 (Product Quality
          Guarantee), Section 8 (Inspection and Return Goods Policy); Section 9
          (Term and Termination); Section 10 (Liability); Section 11 (Liquidated
          Damages); and Section 13 (General Provisions).

     9.6. If SOLARFUN terminates this Agreement pursuant to Section 9.2.1,
          9.2.2, 9.2.3, 9.2.4, 9.2.5 or 12 then any funds remaining on the Total
          Deposit on such date of termination shall be returned to SOLARFUN;
          provided however that if SOLARFUN is in material breach of this
          Agreement at the time it terminates this Agreement, then HOKU shall
          not be required to repay any remaining amount of the Total Deposit up
          to the amounts of HOKU's direct loss from such material breach (unless
          SOLARFUN cures such breach within the applicable cure period) or
          SOLARFUN's other outstanding and unpaid obligations hereunder
          (including, without limitation, obligations under Section 11). "FUNDS
          REMAINING" on the Total Deposit are funds not applied against
          SOLARFUN's purchase of Product, pursuant to Section 5.5 above, for
          Product actually shipped to SOLARFUN hereunder.

10.  Liability.

     10.1. IN NO EVENT SHALL EITHER PARTY BE LIABLE FOR INDIRECT, SPECIAL,
          INCIDENTAL OR CONSEQUENTIAL DAMAGES OR FOR EXEMPLARY OR PUNITIVE
          DAMAGES, EVEN IF SOLARFUN OR HOKU HAS BEEN ADVISED OF THE POSSIBILITY
          OF SUCH DAMAGES.

     10.2. NEITHER PARTY'S TOTAL LIABILITY TO THE OTHER FOR ANY KIND OF LOSS,
          DAMAGE OR LIABILITY ARISING UNDER OR IN CONNECTION WITH THIS
          AGREEMENT, UNDER ANY THEORY OF LIABILITY, SHALL EXCEED IN THE
          AGGREGATE THE TOTAL DEPOSIT, EXCEPT WITH RESPECT TO SOLARFUN'S
          CONTINUING OBLIGATION TO PURCHASE THE PRODUCTS AS SET FORTH HEREIN.

11.  Liquidated Damages. THE PARTIES ACKNOWLEDGE AND AGREE THAT ANY BREACH OF
     THIS AGREEMENT BY SOLARFUN MAY CAUSE IRREPARABLE AND IMMEASURABLE DAMAGE TO
     HOKU. BECAUSE IT IS DIFFICULT TO MEASURE THESE DAMAGES, IN THE EVENT THAT
     THIS AGREEMENT IS TERMINATED BY HOKU PURSUANT TO SECTION 9.2.1, 9.2.2,
     9.2.3, 9.2.4, or 9.4, THEN HOKU SHALL BE ENTITLED TO RETAIN AS LIQUIDATED
     DAMAGES, THE TOTAL DEPOSIT (OR ANY REMAINING PORTION THEREOF NOT CREDITED
     AGAINST PRODUCT SHIPMENTS). ANY AMOUNTS DUE FOR UNDELIVERED PRODUCT UNDER
     THIS AGREEMENT ARE STILL DUE, UNLESS OTHERWISE AGREED BY BOTH PARTIES IN
     WRITING.

12.  Force Majeure. Neither Party shall be liable to the other Party for failure
     of or delay in performance of any obligation under this Agreement,
     directly, or indirectly, owing to acts of God, war, war-like condition,
     embargoes, riots, strike, lock-out and other events beyond its reasonable
     control which were not reasonably foreseeable and whose effects are not
     capable of being overcome without unreasonable expense and/or loss of time
     to the affected Party (i.e., the Party that is unable to perform). If such
     failure or delay occurs, the affected Party shall notify the other Party of
     the occurrence thereof as soon as possible, and the Parties shall discuss
     the best way to resolve the event of force majeure. If the conditions of
     Force Majeure continue to materially impede performance of any material
     obligation under

<TABLE>
<S>                                                 <C>
SOLARFUN Initials & Date /s/ WS November 15, 2007   HOKU Initials & Date /s/ DS November 19, 2007
                         ------------------------                        ------------------------
</TABLE>

                                  PAGE 8 OF 11

<PAGE>
                                                                    CONFIDENTIAL

     this Agreement for a period of more than three (3) consecutive calendar
     months, then the non-affected Party shall be entitled to terminate this
     Agreement by 30 days' prior written notice to the other Party.

13.  General Provisions.

     13.1. This Agreement shall be construed under and governed by the laws of
          the State of California, U.S.A.

     13.2. Upon notice from one Party to the other of a dispute hereunder, the
          Parties agree to hold a meeting within thirty (30) days of receipt of
          such notice with at least one (1) representative from each Party who
          has decision-making authority for such company. At this meeting, the
          Parties will attempt to resolve the dispute in good faith. If, after
          the meeting, the dispute has not been resolved, only then may a Party
          resort to litigation. Any proceeding to enforce or to resolve disputes
          relating to this Agreement shall be brought in California, USA. In any
          such proceeding, neither Party shall assert that such a court lacks
          jurisdiction over it or the subject matter of the proceeding.

     13.3. HOKU may assign this Agreement to any of its Affiliates, and may
          assign its rights under this Agreement to any collateral agent as
          collateral security for HOKU's secured obligations in connection with
          the financing a HOKU Facility, without the consent of SOLARFUN. Except
          as stated in the previous sentence, neither HOKU nor SOLARFUN may
          assign this Agreement to a third party without the prior written
          consent of the other Party, which consent shall not be unreasonably
          withheld. Notwithstanding the foregoing, an assignment of this
          Agreement by either Party in connection with a merger, acquisition, or
          sale of all or substantially all of the assets or capital stock of
          such Party shall not require the consent of the other Party. If this
          Agreement is assigned effectively to a third party, this Agreement
          shall bind upon successors and assigns of the Parties hereto.

     13.4. Except as provided elsewhere in this Agreement, a notice is effective
          only if the Party giving or making the notice has complied with this
          Section 13.4 and if the addressee has received the notice. A notice is
          deemed to have been received as follows:

     (a)  If a notice is delivered in person, or sent by registered or certified
          mail, or nationally or internationally recognized overnight courier,
          upon receipt as indicated by the date on the signed receipt; or

     (b)  If a notice is sent by facsimile, upon receipt by the Party giving the
          notice of an acknowledgment or transmission report generated by the
          machine from which the facsimile was sent indicating that the
          facsimile was sent in its entirety to the addressee's facsimile
          number.

Each Party giving a notice shall address the notice to the appropriate person at
the receiving Party at the address listed below or to a changed address as the
Party shall have specified by prior written notice:

SOLARFUN:

SOLARFUN POWER HONG KONG LIMITED
In care of:  JIANGSU LINYANG SOLARFUN CO., LTD.
No. 666 Linyang Rd.,
Qidong Jiangsu Province 226200
People's Republic of China
Tel: +86-21-6393-8326
Fax: +86-21-6393-3099
Attn:  William Sien, VP of Business Development

<TABLE>
<S>                                                 <C>
SOLARFUN Initials & Date /s/ WS November 15, 2007   HOKU Initials & Date /s/ DS November 19, 2007
                         ------------------------                        ------------------------
</TABLE>

                                  PAGE 9 OF 11

<PAGE>
                                                                    CONFIDENTIAL

E-Mail:  william.sien@solarfun.com.cn

HOKU:

HOKU SCIENTIFIC, INC.
1075 Opakapaka Street
Kapolei, HI 96707
Attn:  Mr. Dustin Shindo, CEO
E-mail:  dshindo@hokusci.com
Facsimile:  +1 (808) 682-7807

     13.5. The waiver by either Party of the remedy for the other Party's breach
of or its right under this Agreement will not constitute a waiver of the remedy
for any other similar or subsequent breach or right.

     13.6. If any provision of this Agreement is or becomes, at any time or for
any reason, unenforceable or invalid, no other provision of this Agreement shall
be affected thereby, and the remaining provisions of this Agreement shall
continue with the same force and effect as if such unenforceable or invalid
provisions had not been inserted in this Agreement.

     13.7. No changes, modifications or alterations to this Agreement shall be
valid unless reduced to writing and duly signed by respective authorized
representatives of the Parties.

     13.8. No employment, agency, trust, partnership or joint venture is created
by, or shall be founded upon, this Agreement. Each Party further acknowledges
that neither it nor any Party acting on its behalf shall have any right, power
or authority, implied or express, to obligate the other Party in any way.

     13.9. Neither Party shall make any announcement or press release regarding
this Agreement or any terms thereof without the other Party's prior written
consent; provided, however, that the Parties will work together to issue a joint
press release within two (2) days after execution of this Agreement.
Notwithstanding the foregoing, either Party may publicly disclose the material
terms of this Agreement pursuant to the United States Securities Act of 1933, as
amended, the United States Securities Exchange Act of 1934, as amended, or other
applicable law; provided, however, that the Party being required to disclose the
material terms of this Agreement shall provide reasonable advance notice to the
other Party, and shall use commercially reasonable efforts to obtain
confidential treatment from the applicable governing entity for all pricing and
technical information set forth in this Agreement.

     13.10. This Agreement constitutes the entire agreement between the Parties
and supersedes all prior proposal(s) and discussions, relative to the subject
matter of this Agreement and neither of the Parties shall be bound by any
conditions, definitions, warranties, understandings or representations with
respect to such subject matter other than as expressly provided herein. No oral
explanation or oral information by either Party hereto shall alter the meaning
or interpretation of this Agreement.

     13.11. The headings are inserted for convenience of reference and shall not
affect the interpretation and or construction of this Agreement.

     13.12. Words expressed in the singular include the plural and vice-versa.

<TABLE>
<S>                                                 <C>
SOLARFUN Initials & Date /s/ WS November 15, 2007   HOKU Initials & Date /s/ DS November 19, 2007
                         ------------------------                        ------------------------
</TABLE>

                                  PAGE 10 OF 11

<PAGE>
                                                                    CONFIDENTIAL

IN WITNESS WHEREOF, the Parties have executed this Supply Agreement as of the
date first set forth above.

SOLARFUN:                                  HOKU:
--------                                   ----

SOLARFUN POWER HONG KONG                   HOKU SCIENTIFIC, INC.
LIMITED

By: /s/ William Sien                       By: /s/ Dustin Shindo
   --------------------------                 ---------------------------

Name: William Sien                         Name: Dustin Shindo
     ------------------------                    -------------

Title: VP of Business Division             Title: Chairman & CEO
                                                  --------------
Authorized Signatory                       Authorized Signatory

Date: November 15, 2007                    Date: November 19, 2007
     ------------------------                   -------------------------

                               CORPORATE GUARANTY

As an inducement for HOKU to enter into this Agreement with SOLARFUN, it is
hereby agreed that the undersigned does hereby guaranty to HOKU the prompt,
punctual and full payment of all monies now or hereinafter due HOKU from
SOLARFUN, and agrees to the following:

     a)   Until termination, this guaranty is unlimited as to amount or duration
          and shall remain in full force and effect notwithstanding any
          extension, compromise, adjustment, forbearance, waiver, release or
          discharge of any party obligor or guarantor.

     b)   The obligations of the undersigned shall be at the election of HOKU,
          shall be primary and not necessarily secondary, and HOKU shall not be
          required to exhaust its remedies as against SOLARFUN prior to
          enforcing its rights under this guaranty against the undersigned.

     c)   The guaranty hereunder shall be unconditional and absolute and the
          undersigned waives all rights of subrogation and set-off until all
          sums under this guaranty are fully paid. The undersigned further
          waives all suretyship defenses or defenses in the nature thereof,
          generally.

     d)   The guaranty shall be valid and continuing during the term of this
          Agreement.

     e)   The undersigned warrants and represents it has full authority to enter
          into this guaranty.

     f)   This guaranty shall be binding upon and inure to the benefit of the
          parties, their successors, assigns and personal representatives.

     g)   This guaranty shall be construed and enforced under the laws of the
          State of California, USA

JIANGSU LINYANG SOLARFUN CO., LTD.

By: /s/ William Sien                       Date: November 15, 2007
   -----------------------------------          -------------------------------

Name: William Sien
     ---------------------------------

Title: VP of Business Division
      --------------------------------
Authorized Signatory

                       SIGNATURE PAGE TO SUPPLY AGREEMENT

                                 PAGE 11 OF 11Exhibit 10.23

 Exhibit 10.23 
  

			
	Intel/lntellon Confidential	  	CONFIDENTIAL TREATMENT REQUESTED: Certain portions of this document have been omitted pursuant to a request for confidential treatment and, where applicable, have been marked with an asterisk (
“ [*****]”) to denote where omissions have been made. The confidential material has been filed separately with the Securities and Exchange Commission.

 TECHNOLOGY COLLABORATION AND LICENSE AGREEMENT 
 This Technology Collaboration and License Agreement (“Agreement”) is entered into on June 10, 2005 (the “Effective Date”) by and between Intel
Corporation, a Delaware corporation, with a place of business at 2200 Mission College Boulevard, Santa Clara, California 95052, USA (along with its majority owned global subsidiaries, hereinafter “Intel”); and Intellon Corporation, a
Delaware corporation, with a place of business at 5100 West Silver Springs Boulevard, Ocala, Florida 34482 (along with its majority owned global subsidiaries, hereinafter “Intellon”). Intel and Intellon may be referred to herein in the
singular or plural as a “Party” or the “Parties”. 
 BACKGROUND 
 WHEREAS, Intel designs, develops, manufactures and sells certain semiconductor components, computer system hardware, software and communications products. 
 WHEREAS, Intellon designs, develops and sells certain semiconductor products and related software, services and designs used for communications over power lines
(“PLC”) and other wired media. 
 WHEREAS, pursuant to the terms and conditions of this Agreement, the Parties desire to collaborate on certain
commercial activities and enter into certain technology licensing arrangements as set forth herein. 
 NOW THEREFORE, for good and valuable consideration,
the sufficiency of which is hereby acknowledged, and intending to be legally bound, the Parties hereby agree as follows: 
 TERMS AND
CONDITIONS 
  

	1.	DEFINITIONS 

 In addition to terms defined elsewhere
in this Agreement (including Agreement Exhibits), the following capitalized terms shall have the following meanings: 
  

	 1.1
	 “Chipset” means any single product consisting of integrated circuit(s) one or more of which is designed to be
connected directly to an Intel microprocessor; provided that the “Chipset” does not have (1) communications over power lines and/or coaxial cable as its primary purpose, or (2) communications over wireless and over power lines
and/or coaxial cable as its primary purpose. For avoidance of doubt, however, the Parties agree that, while the primary purpose of a member of the Intel® PRO/Wireless Network Connection
Family (or its successor, if any) is wireless communications, when a member of the Intel® PRO/Wireless Network Connection Family (or its successor, if any) is combined with a member of the
Intel Mobile Express chipset family (or its successor, if any) to form a Chipset, the primary purpose of that resultant Chipset is not wireless communications. 

  

	1.2	“HomePlug AV” means the high-bitrate PLC audio-visual specification as developed by the HomePlug IA with the current designation of HomePlug AV.

  

	1.3	“HomePlug AV Protocol Adaption Layer” means the portion of the HomePlug AV convergence layer that provides services (including reformatting messages, providing
connection and address management, and control functions) to the application layers. 

  

	1.4	“HomePlug IA” means the HomePlug Powerline Alliance, Inc., an industry alliance that develops specifications for PLC. 

 Intel/lntellon Confidential 
  

	1.5	“HomePlug IA Agreement” means that certain agreement between the Parties pertinent to the HomePlug IA, attached as Exhibit C to this Agreement.

  

	1.6	“HomePlug 1.0” means the PLC specification as developed by the HomePlug IA. 

  

	1.7	“Intel Concept Platform” means an Intel developed Intel Architecture-based demonstration platform used to showcase emerging technologies at forums such as Intel Developer
Forum conferences, and on Intel’s Developer Forum website (http://developer.intel.com), or a successor or similar site, for the purpose of demonstrating future personal computer (“PC”) usage models. 

  

	1.8	“Intel Architecture Platform” means any Intel platform containing an Intel microprocessor and Chipset. 

  

	1.9	“Intel HomePlug AV Concept Platform” means an Intel Concept Platform containing either: (i) a HomePlug AV implementation; or (ii) an alternative
PLC AV functionality that could be substituted for a HomePlug AV implementation without loss of material functionality. 

  

	1.10	“Intellectual Property” means all of the following that are owned or controlled by a Party during the term of this Agreement: Patents Rights, trade secrets, copyrights
(including but not limited to mask work rights) and applications for any of the foregoing and any equivalent rights in all countries of the world that are owned or controlled by such Party. 

  

	1.11	“Intel Licensed Products” means all of the following Intel products (products that are manufactured by or for Intel and branded as an Intel product): (i) Intel
microprocessors; (ii) Chipsets; and (iii) platforms that contain an Intel microprocessor and that also include, connect to or interface with the Intellon HomePlug AV Design. “Intel Licensed Products” do not include
(x) a product consisting of integrated circuit(s) having (1) communications over power lines and/or coaxial cable as its primary purpose, or (2) communications over wireless and over power lines and/or coaxial cable as its primary
purpose; or (y) a product that (1) enables communications over power lines using PHY signaling rates greater than the physical layer speed provided by the applicable specification of the HomePlug IA or a Consensus Alternative IA
(as defined below), or (2) enables communications over coaxial cable using PHY signaling rates greater than the physical layer speed of the applicable specification of the HomePlug IA or a Consensus Alternative IA, unless in the case
of clauses (1) and (2) such higher speed implementation offered by Intel interoperates at such higher speeds with a higher speed implementation of such specification sold by Intellon or that Intellon represents in writing to Intel, within
ten (10) days of Intel’s request for Intellon to do so, that it intends to sell in a comparable timeframe (an “Intellon Higher Speed Implementation”). 

  

	1.12	“Intellon HomePlug AV Design” means Intellon’s design for a HomePlug AV-compliant implementation, as described in Exhibit A to this Agreement.

  

	1.13	“Intellon HomePlug 1.0 Products” means any PLC product implementation developed by Intellon that is compliant with HomePlug 1.0. 

  

	1.14	“Intellon HomePlug AV Products” means any PLC product implementation developed by Intellon that is compliant with HomePlug AV. 

  

	1.15	“Intellon Licensed Products” means all products manufactured by or for Intellon other than (i) Chipsets; and (ii) microprocessors that are hardware or software
compatible with one or more Intel microprocessors. 

  

	1.16	“Intel HomePlug PC Motherboard Reference Design” means an Intel Architecture-based PC Platform reference design that contains an Intellon HomePlug AV Product.

  

 -2- 

 Intel/lntellon Confidential 
  

	1.17	“Intel Necessary Claims” means Necessary Claims of Intel. 

  

	1.18	“Intel PC Motherboard Reference Design” means an Intel Architecture-based PC Platform reference design, excluding Intel HomePlug PC Motherboard Reference Designs.

  

	1.19	“MFC” or “Most Favored Customer” means, subject to applicable laws, that the prices (and/or license fees or royalties) charged, and terms provided, to Intel for
a subject Intellon product shall always be Intellon’s lowest price charged, and most favorable terms provided, during the same calendar quarter to any customer for comparable or lesser volumes of that or a functionally equivalent product,
regardless of any special terms, conditions, rebates, or allowances of any nature. Any reductions in price resulting from the application of the foregoing shall apply to Intel’s purchases during the calendar quarter prospectively from the date
on which such pricing terms become effective in such other third party customer agreement. For purposes of determining compliance with any MFC requirements, samples and products supplied for testing, reference design or demonstration purposes shall
be excluded. The purchase date is defined as the date that Intel issues a purchase order. Intel is eligible to receive MFC pricing and terms for purchases made for delivery within the same calendar quarter, and purchase orders that specify
Intellon’s soonest available delivery - even if delivery occurs in a subsequent calendar quarter. For the purposes of this definition, “calendar quarter” describes a 13 week period, where the first quarter begins on
January 1 of each year. 

  

	1.20	“Necessary Claims” means, solely with respect to the HomePlug IA, claims of a patent or patent application that now or at any future time during the term of this
Agreement, are owned, controlled or licensable by a member of the HomePlug IA or any of its affiliates (as defined in the applicable HomePlug IA membership agreement) and are necessarily infringed by implementing those portions of
HomePlug AV that are within the bounds of the Scope, provided that a claim is necessarily infringed only when it is not possible to avoid infringing it because there is no commercially reasonable non-infringing alternative for implementing such
portions of HomePlug AV within the bounds of the Scope. Notwithstanding the foregoing sentence, Necessary Claims do not include (i) any claims other than those set forth above even if contained in the same patent or patent application as
Necessary Claims; (ii) or that read solely on any implementations of any portion of HomePlug AV that are not within the bounds of the Scope; or (iii) that, if licensed, would require a payment of royalties by the licensor to
unaffiliated third parties unless the licensee agrees in writing to indemnify the licensor against all royalty costs and expenses arising from such license. 

  

	1.21	“Object Code” means computer programming code in machine-readable and machine-executable form. 

  

	1.22	“Patent Rights” means with respect to a Party all of such Party’s rights arising from or related to all classes or types of patents, utility models and design patents
and applications for these classes or types of patent rights and any equivalent rights in all countries of the world that are owned or controlled by such Party. 

  

	1.23	“PC Platform” means an integration of two or more products together to form the basis for a personal computer, including in all instances at least a microprocessor and
Chipset. 

  

	1.24	 “Scope” means those protocols, electrical signaling characteristics, register models, application program interfaces, service provider interfaces,
physical dimensions and characteristics, and/or data structures disclosed with particularity in HomePlug AV where the primary purpose of such disclosure is to enable products to interoperate, interconnect or communicate as defined within
HomePlug AV. Notwithstanding the foregoing, the Scope shall not include any technology that is (x) both (i) not actually contained within a product or portion thereof that complies with HomePlug AV even if such technology is
useful or necessary to develop, design, debug, manufacture, sell or use such product or portion thereof; and (ii) not expressly identified and set forth as “licensed” in HomePlug AV (examples 

  

 -3- 

 Intel/lntellon Confidential 
  

	 	 
of such technologies include without limitation semiconductor manufacturing technology, compiler technology, object oriented technology, basic operating
system technology); or (y) the implementation or use of other published specifications developed by a Party or a third party but referred to in the body of HomePlug AV even if required for compliance with HomePlug; or (z) any portion
of any product or any combination of products (or portions of products) that are not required for compliance with HomePlug AV. 

  

	1.25	“Software” means computer programming code in Object Code form and/or Source Code form. 

  

	1.26	“Source Code” means computer programming code in human-readable form and related design documentation, including all comments, build tools, libraries, and any procedural
code. 

  

	1.27	“Trademark Agreement” means that certain Agreement between the Parties of even date herewith, the form of which is attached as Exhibit B to this Agreement.

  

	2.	INTEL RESPONSIBILITIES 

  

	2.1	Intel will provide reasonable assistance to Intellon in the marketing and sale of Intellon HomePlug 1.0 and Intellon HomePlug AV Products. Such assistance may include, but
not be limited to, Intel providing Intellon with: (i) introductions to Intel business units and to Intel customer, developer and dealer forums; (ii) “matchmaking” opportunities with Intel customers and dealers; and
(iii) trade show participation opportunities. 

  

	2.2	Intel will provide reasonable amounts (which Intel will determine at its sole discretion) of technical consulting at no cost to the HomePlug IA on the HomePlug AV Protocol
Adaption Layer. 

  

	2.3	Subject to Section 8.3 below, Intel agrees to communicate to Intellon the results of Intel’s internal evaluation, if any, of any Intellon HomePlug AV Products
(including pre-production release versions thereof) and technology; provided, however, that in no such instance shall a Party who has disclosed information (“Discloser”) to the other Party (“Receiver”) be deemed to have provided
to Receiver any express or implied license to any Intellectual Property relating to the subject(s) of such communications. 

  

	2.4	Intel agrees (a) not to release publicly or to third parties (i.e., non-Parties) an Intel Concept Platform containing a HomePlug AV implementation from a vendor other than
Intellon before publicly demonstrating an Intel Concept Platform containing a like implementation from Intellon; and (b) not to release publicly or to third parties an Intel Concept Platform containing an implementation of an alternative
high-bitrate PLC specification that is not HomePlug AV-compliant, such as those being offered or proposed by DS2 and Panasonic, sooner than three (3) months after publicly demonstrating an Intel Concept Platform containing a like Intellon
implementation that would satisfy the conditions of this Section 2.4 unless, at the time of release of the Concept Platform referred to in clause (a) or (b) of this Section 2.4: (y) (i) no such Intellon implementation
then exists in production quality and in a form that enables it to work in conjunction with a software stack that extends from the driver through the operating system; (ii) Intellon’s implementation is not in an Intel-specified form factor
that will adhere to a common industry interface (e.g., PCI-Express, Wireless USB, USB 2.0); or 

  

 -4- 

 Intel/lntellon Confidential 
  
 (iii) Intellon’s implementation does not have associated Software that is compatible with existing operating system
interfaces or requires custom (i.e., non-standard) interfaces to the operating system; and (z) the HomePlug AV implementation from a vendor other than Intellon or the implementation of the alternative high-bitrate PLC specification that is
not HomePlug AV-compliant, which Intel uses in the Intel Concept Platform (i) then exists in production quality and in a form that enables it to work in conjunction with a software stack that extends from the driver through the operating
system; (ii) is in an Intel-specified form factor that adheres to a common industry interface (e.g., PCI-Express, Wireless USB, USB 2.0); and (iii) has associated Software that is compatible with existing operating system interfaces and
does not require custom (i.e., non-standard) interfaces to the operating system. Intel shall have the right, at its sole discretion, to waive any or all of the requirements in sub-part (y) by provision to Intellon in writing of same.

  

	2.5	Subject to Section 8.3 below, Intel will provide to Intellon, at no cost, information about suggested features, operating system driver stacks, Software stacks, form factors
and interfaces that Intel requires for an Intel HomePlug AV Concept Platform, for an Intel HomePlug PC Motherboard Reference Design or for Intel to purchase Intellon HomePlug AV Products; provided, however, it is understood and agreed
between the Parties that the provision by Intel of such information does not and should not be construed to obligate Intel to create any such Intel HomePlug AV Concept Platform or to purchase any Intellon product. 

  

	2.6	Intel agrees to execute the HomePlug IA Agreement on even date herewith. 

  

	2.7	Intel will not use all or any Material Part (or any derivative of any Material Part) of the Intellon HomePlug AV Design or the Intel Derivative Works (as defined below)
(i) in conjunction with designs for competing PLC specifications (the “Competing Specifications”), including by way of example, DS2’s Wisconsin PLC specification and the PLC specification offered by Panasonic, to implement
functionality of the Competing Specifications to enable communications over power lines and/or coaxial cable; (ii) to implement the specific portions of any product that enable communication over power lines and/or coaxial cable at speeds in
excess of the physical layer speed provided by the applicable specification of the HomePlug IA or a Consensus Alternative IA unless such higher speed implementation offered by Intel interoperates at such higher speeds with an Intellon
Higher Speed Implementation; or (iii) to implement the specific portions of any product that enable communication over powerlines and/or coaxial cable, or to implement the analog front end functionality for any such product, unless such product
is interoperable with (x) the Intellon HomePlug AV Design or (y) another product sold by Intellon or that Intellon represents in writing to Intel, within ten (10) days of Intel’s request for Intellon to do so, that it
intends to sell in a comparable timeframe. 

  

	 	2.7.1	For purposes of this Agreement, “Material Part” means any part implementing any of the functionality listed in Exhibit D to this Agreement. 

 

	 	2.7.2	Nothing in this Section 2.7 shall prevent Intel’s engineers from using any Residual Information (as defined below); provided, however, that the foregoing shall not excuse,
waive or release Intel from any infringement of Patent Rights or copyrights. For purposes of this Agreement, “Residual Information” means information in non-tangible form that may be inadvertently retained in unaided memory by Intel
engineers who had access to the Intellon HomePlug AV Design or Confidential Information of Intellon delivered to Intel as part of the Intellon HomePlug AV Design. 

  

	3.	INTELLON RESPONSIBILITIES 

  

	3.1	Intellon will provide to Intel MFC for Intellon HomePlug AV Products that Intel purchases directly from Intellon for use in Chipsets and/or other products or platforms sold by
Intel that contain an Intel microprocessor and an Intellon HomePlug AV Product. 

  

 -5- 

 Intel/lntellon Confidential 
  

	3.2	Intellon will provide to Intel, at Intel’s request and at no cost, reasonable amounts of consulting support as necessary for Intel to complete an Intel Concept Platform that
includes an Intellon HomePlug AV Product, or an Intel HomePlug PC Motherboard Reference Design. 

  

	3.3	Intellon will provide to Intel, at Intel’s request and at Intellon’s cost, both upon beta release and at first commercial release, a reasonable number of Intellon
HomePlug AV Products then commercially available in pre-release or development kit form as Intel may order from Intellon in writing. 

  

	3.4	Intellon will provide to Intel, at Intel’s request and at no cost, selected Intellon HomePlug AV Product reference designs determined by Intellon; provided, however, that
it is understood and agreed between the Parties that Intellon will not be required to provide any such reference design produced as a proprietary solution for an Intellon customer. 

  

	3.5	Intellon hereby grants to Intel an option to license from Intellon, pursuant to license grant terms described in Article 4 below, the Intellon HomePlug AV Design (the
“Option”). The Option is exercisable at Intel’s sole discretion, may only be exercised by Intel in writing, and may only be exercised if: (i) Intel is then a member of the HomePlug IA or a Consensus Alternative IA and
has agreed to be publicly identified as such by such IA; (ii) Intel is then in compliance with Section 2.4 above; and (iii) Intel must have by that time made available to original equipment manufacturers (“OEMs”) and
original design manufacturers (“ODMs”) an Intel HomePlug PC Motherboard Reference Design. In addition, Intel may not distribute Intel Licensed Products (as otherwise provided for in Section 4.1 below) until such time as Intel has
purchased from Intellon at least [*****] Intellon HomePlug AV Products, subject to the terms and conditions of this Agreement. For purposes of meeting this quantity requirement, the Parties agree that purchases of Intellon HomePlug AV
Products made by Intel customers based on an Intel HomePlug PC Motherboard Reference Design shall count towards the total. 

  

	 	3.5.1	If Intel exercises the Option, Intellon will provide to Intel, at Intel’s request and at industry standard rates (in all cases with such rates being commercially reasonable),
and with reimbursement by Intel of reasonable Intellon expenses that are in compliance with Intel internal expense guidelines, such engineering consulting services as Intel shall reasonably request in writing to aid Intel in integrating the Intellon
HomePlug AV Design into Intel Licensed Products, and into Intel’s own CMOS fabrication process. 

  

	 	3.5.2	Upon exercise of the Option, Intel agrees to grant and hereby does grant to Intellon the license described in Section 4.3 below. 

  

	 	3.5.3	Intellon shall deliver the Intellon HomePlug AV Design deliverables specified in Exhibit A to Intel within fifteen (15) days after the date Intellon receives written
notice of Intel’s exercise of the Option or, if the HomePlug AV Reference Design has then not met the Delivery Requirements described in Exhibit A, fifteen (15) days after the HomePlug AV Design meets such Delivery
Requirements. 

  

	3.6	Intellon agrees that Intel shall have the right, only through a third party certified public accountant (the “Auditor”), no more than once per year and in all cases upon
no less than fifteen (15) days advance written notice, to conduct an audit during normal business hours of Intellon books and records to confirm Intellon’s compliance with any and all MFC obligations under this Agreement. The Auditor shall
be instructed to report only as to whether there is an overcharge in the prices charged to Intel hereunder, without disclosing any customer names, and if so, the amount of such overcharge, which shall be reimbursed to Intel by Intellon within thirty
(30) days following the audit. In addition, in the event that any such overcharge is five percent (5%) or more above the price that should have been paid by Intel under the circumstances, Intellon shall reimburse Intel for the costs of the
audit. 

  

 -6- 

 Intel/lntellon Confidential 
  

	3.7	Intellon shall execute the Trademark Agreement, effective as of the Effective Date. 

  

	3.8	Intellon agrees to execute the HomePlug IA Agreement on even date herewith. 

  

	4.	LICENSE GRANTS AND TERMS 

  

	4.1	Option License. Upon exercise of the Option by Intel as described in Section 3.5 above and subject to the terms of this Agreement, Intellon agrees to grant and hereby does
grant to Intel a non-exclusive, non-transferable (except pursuant to Section 12.11), perpetual, worldwide, fully paid, royalty-free (or royalty-bearing, depending upon the circumstances described in Section 4.2 below) license, without the
right to sublicense (but with have made rights as described and conditioned in Sections 4.1.2 and 4.4.1, respectively, below), under Intellectual Property rights in the Intellon HomePlug AV Design or portions thereof which Intellon owns or
has authority to grant licenses of the scope set forth herein, to: 

  

	 	4.1.1	use, copy and create derivative works of (the “Intel Derivative Works”) the Intellon HomePlug AV Design for internal use purposes; 

  

	 	4.1.2	use, make, have made (subject to Section 4.4.1 below), sell (directly and indirectly), offer to sell, import, export and otherwise dispose of Intel Licensed Products; and

  

	 	4.1.3	publicly perform, publicly display and distribute (i) the Intellon HomePlug AV Design, Intel Derivative Works and copies thereof only as embodied in or by Intel Licensed
Products; and (ii) product specification or other related documentation or information provided by Intellon to Intel that is approved by Intellon in writing for provision to third parties (with, for purposes of clarification, it being
understood between the Parties that (x) Intellon’s provision to Intel of any such applicable documentation along with or followed by written authorization to Intel to exercise the rights in this Section 4.1.3 with regards to such
documentation shall be the only authorization needed to be given by Intellon to Intel in connection therewith; and (y) Intel shall not include in its public product documentation any more information concerning the Intellon HomePlug AV
Design than Intellon includes in its own public product documentation unless Intellon otherwise agrees in writing), by any means now known or developed in the future. 

  

	4.2	Royalty Conditions. The license granted to Intel in Section 4.1 shall be royalty-free, except to the extent of the following: 

  

	 	4.2.1	Intel shall pay, as and if applicable, any royalties to third parties to the extent arising in relation to Intel’s exercise of its license rights, except to the extent
indemnified by Intellon under Section 9.1; 

  

	 	4.2.2	If Intel elects to use any of the third party Intellectual Property listed in Schedule A-1 to Exhibit A, Intel shall pay, as and if applicable, to third parties any
royalties or other amounts necessary for Intel to acquire the right to use such third party Intellectual Property; and 

  

 -7- 

 Intel/lntellon Confidential 
  

	 	4.2.3	Intel shall pay royalties to Intellon, at a rate to be separately negotiated between the Parties, but in all instances under MFC terms (or, if there is no corresponding Intellon
license for which to compare for MFC purposes, under commercially reasonable terms), on any Intel Licensed Products that (i) are not primarily designed and intended to form the basis of a PC Platform; or (ii) are marketed primarily for use
in non-PC Platforms; provided, however, that If Intel disables (in a way that renders it permanently unusable by an end user) the HomePlug AV capability in any Intel Licensed Product for which a royalty would otherwise be payable, no royalty
shall be owed. For purposes of determining whether any royalties are payable on a unit of an Intel Licensed Product, the provisions of this Section 4.2.3 shall be applied based on Intel’s most granular product classification, e.g., a
shopkeeping unit or SKU. 

  

	4.3	Intel Necessary Claims and Intel Derivative Works License. If Intel exercises the Option, Intel agrees to grant and hereby does grant to Intellon a non-exclusive, non-transferable
(except pursuant to Section 12.11), perpetual, worldwide, fully paid, royalty-free license, without the right to sublicense, under Patent Rights in Intel Necessary Claims and Intel Derivative Works which Intel owns or has authority to grant
licenses of the scope set forth herein, to use, make, have made (subject to Section 4.4.2 below), sell (directly and indirectly), offer to sell, import, export and otherwise dispose of Intellon Licensed Products. 

  

	4.4	Have Made Limitations. 

  

	 	4.4.1	The have made rights granted to Intel pursuant to Section 4.1 above are limited to contract manufacturers that Intel uses to manufacture other products of Intel, and in no case
shall any confidential or proprietary information (other than information covered by Section 4.1) of Intellon be disclosed to such third party(s). If a contract manufacturer designs or manufactures its own products, then materials pertinent to
the manufacture of Intellon products under the have made rights in Section 4.1 shall only be provided to a distinct and separate division or business unit that provides a general merchant foundry business for third party products and shall not
be accessed or used by any personnel working on such contract manufacturer’s own products. 

  

	 	4.4.2	The have made rights granted to Intellon pursuant to Section 4.3 are limited to contract manufacturers that Intellon uses to manufacture products of Intellon, and in no case
shall any confidential or proprietary information (other than information covered by Section 4.3) of Intel be disclosed to such third party(s). If a contract manufacturer designs or manufactures its own products, then materials pertinent to the
manufacture of Intellon products under the have made rights in Section 4.3 shall only be provided to a distinct and separate division or business unit that provides a general merchant foundry business for third party products and shall not be
accessed or used by any personnel working on such contract manufacturer’s own products. 

  

	4.5	No Other Rights. Except as expressly provided in this Article 4, neither Party grants to the other Party any license, right, title or interest in or to any Intellectual
Property, whether by implication, estoppel or otherwise under or in connection with this Agreement. All rights not specifically granted herein are reserved by the Party owning the respective Intellectual Property. 

  

 -8- 

 Intel/lntellon Confidential 
  

	5.	INTELLECTUAL PROPERTY OWNERSHIP 

  

	5.1	General. Each Party will retain all right, title and interest in its Intellectual Property, including but not limited to, Necessary Claims. 

  

	5.2	Intellon Intellectual Property. Intellon will retain all right, title and interest in (i) the Necessary Claims of Intellon; and (ii) all Intellectual Property in the
Intellon HomePlug AV Design. 

  

	5.3	Intel Intellectual Property. Subject to Section 5.2, Intel will retain all right, title and interest in all Intellectual Property in (i) the Necessary Claims of Intel; and
(ii) Intel Derivative Works. 

  

	6.	ALTERNATIVE COLLABORATIVE ACTIVITIES 

  

	6.1	This Agreement contemplates that Intel and Intellon will work together with the HomePlug IA toward a goal of creating an industry standard for high-bitrate PLC (such as the
proposed HomePlug AV specification) based on the assumption that the HomePlug IA will be an effective organization for such purposes. However, Intel and Intellon recognize that the possibility exists that an alternative organization may be
necessary to achieve a successful industry standard for high-bitrate PLC (an “Alternative IA”). The Parties agree that any industry standards-setting organization for high bit-rate PLC, including the HomePlug IA and any
Alternative IA, must: (i) promote and publish a specification for high bit-rate PLC, (ii) have open membership, (Hi) permit the members thereof to license any such specification on reasonable terms as determined by such group,
effectively allowing any member to offer commercial implementations of the lA’s specification, and (iv) promote an environment that allows for multiple silicon suppliers, which both Parties see as necessary to supply a potentially large
customer base. 

  

	6.2	If either Intel or Intellon concludes that an Alternative IA may be necessary to achieve a successful high-bit-rate PLC industry standard, such Party will communicate with the
other Party to explain and discuss the alternative approach and determine whether Intel and Intellon are prepared to mutually support the Alternative IA. 

  

	6.3	If (i) Intel and intellon mutually agree to work together with an Alternative IA instead of the HomePlug IA to create an industry standard for high-bitrate PLC (a
“Consensus Alternative IA”), (ii) Intel has not yet exercised the Option, and (iii) Intellon has created, or determined to create, a design for a CMOS MAC, PHY baseband integrated circuit implementing the high bit-rate PLC
communications specification published by the Consensus Alternative Al (“Alternative Al Design”), then the terms of this Agreement shall be automatically modified as appropriate to apply to such Consensus Alternative IA
rather than the HomePlug IA and to the Alternative Al Design rather than the HomePlug AV Design. If the differences in the organization or operation of the Consensus Alternative IA and the HomePlug IA, or differences between
the Intellon HomePlug AV Design and the Intellon Alternative AV Design, make such automatic modification of all the terms of this Agreement impractical, the Parties agree to negotiate in good faith in an effort to mutually agree on the
specific changes necessary to carry out the intent of this Agreement. 

  

	7.	RIGHT OF FIRST NOTIFICATION 

  

	7.1	 Delivery of Notice. Prior to entering into any transaction that would result in a change of control of Intellon, whether by (i) merger or consolidation or
(ii) a sale of equity securities by Intellon, whether in one or a series of related transactions, which results in a single person, or a group (as defined in accordance with the provisions of Section 13(d)(3) of the Securities Exchange Act
of 1934, as amended), beneficially owning 50% or more of the then currently outstanding voting control of Intellon, or (iii) a sale of all or substantially 

  

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 Intel/lntellon Confidential 
  

	 	 
all of Intellon’s assets (in each case, a “Corporate Event”), Intellon shall give Intel notice of such event (the “Notice”). The
Notice shall be delivered to Intel at least 20 days before the closing of the Corporate Event. If Intellon enters into a “no-shop” arrangement or agreement in connection with a Corporate Event, such “no-shop” arrangement or
agreement shall contain an exception permitting Intellon to provide the Notice. 

  

	7.2	Contents of Notice. The Notice shall indicate the type of transaction (whether merger, consolidation or sale of equity securities, or a sale of all or substantially all of
Intellon’s assets) of the proposed Corporate Event and the anticipated closing date of the Corporate Event. Intellon shall also provide Intel with access to (and copies of, if requested) all material documents containing nonpublic material
information of Intellon that are or have been supplied to the party making the acquisition proposal (it being understood that Intellon shall have the right to mask the names and identities of third parties, including customers).

  

	7.3	No Right of First Refusal. Intellon shall not enter into any right of first refusal with any other person relating to a Corporate Event. 

  

	8.	WARRANTIES. 

  

	8.1	Authority. Each Party warrants and represents to the other that it has all authority to enter into this Agreement and to perform the obligations hereunder. 

 

	8.2	Intellectual Property. Intellon warrants and represents that, to the knowledge of its executive officers without investigation or inquiry, and except for the Intellectual Property
rights listed on Schedule A-1 to Exhibit A (as the same may be supplemented by written notice from Intellon to Intel with respect to a Subsequent Design or an AFE Design as provided in such Exhibit) and the Intellectual Property rights of
third parties included in any HomePlug IA or Consensus Alternative IA specification, Intellon has sufficient rights, title and interest in and to any and all Intellectual Property rights which are embodied in or incorporated in the
Intellon HomePlug AV Design. 

  

	8.3	Disclaimer. EXCEPT AS OTHERWISE PROVIDED IN THIS SECTION 8, NEITHER PARTY MAKES ANY WARRANTIES, EITHER EXPRESS OR IMPLIED, WITH RESPECT TO DELIVERABLES, OBLIGATIONS OR
DOCUMENTATION RELATED THERETO UNDER THIS AGREEMENT, AND EACH PARTY EXPRESSLY DISCLAIMS ANY SUCH WARRANTIES, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. 

  

	9.	INDEMNIFICATION AND LIMITATION OF LIABILITY 

  

	9.1	 Intellon shall defend, indemnify and hold Intel harmless from any costs, expenses losses, damages or liability incurred because of actual or alleged infringement of
any patent, copyright, trade secret, trademark, mask work, or other proprietary right arising in any way from any claim made or threatened against Intel arising directly from the Intellon HomePlug AV Design; provided, however, that Intellon
shall have no such obligation to defend, indemnify and hold Intel harmless to the extent that any such actual or alleged infringement is caused by Intellon’s incorporation in the Intellon HomePlug AV Design of all or any portion of
(i) any HomePlug IA or Consensus Alternative IA specification; or (ii) any Third Party IP identified in Schedule A-1 of Exhibit A. Intellon shall also have no obligation to defend, indemnify or hold Intel harmless for
any actual or alleged infringement of any Patent Rights if Intellon did not have actual knowledge of such actual or alleged infringement at the time it delivered the Intellon HomePlug AV Design to Intel. For purposes of this Section 9.1,
“actual knowledge” means a written communication received by an executive officer of Intellon from or on behalf of a third party alleging infringement of such third party’s Patent Rights and does not include constructive knowledge
based upon patent and trademark records or constructive notice of patents. 

  

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 Intel/lntellon Confidential 
  

	 	 
Intel shall promptly notify Intellon of any such claims or demands and Intellon shall have the right to control the defense or settlement thereof of any such
claims; provided, however, that (x) Intellon shall permit Intel to participate in the defense or settlement thereof at Intel’s option and cost; and (y) Intellon shall not enter into any settlement that requires an affirmative
obligation, action or ongoing liability or otherwise detrimentally impacts Intel without Intel’s written consent, which consent shall not be unreasonably withheld, conditioned or delayed. 

  

	9.2	If the Intellon HomePlug AV Design, or any portion of the Intellon HomePlug AV Design, is found to infringe the rights of any third party and its use is enjoined because
of actual or alleged infringement of any patent, copyright, trade secret, trademark, mask work, or other proprietary right for which Intellon is obligated to defend, indemnify and hold Intel harmless from pursuant to Section 9.1, Intellon will,
at Intellon’s option and expense either (a) procure for Intel a license or right to continue to use the Intellon HomePiug AV Design or the applicable portion of the Intellon HomePlug AV Design; (b) replace the Intellon
HomePlug AV Design or applicable portion with a non-infringing Intellon HomePlug AV Design or portion; or (c) modify the Intellon HomePlug AV Design or infringing portion to become non-infringing. 

  

	9.3	The foregoing states the entire set of obligations and remedies flowing between Intel and Intellon arising from any intellectual property claim by a third party.

  

	9.4	EACH PARTY’S SOLE LIABILITY HEREUNDER SHALL BE LIMITED TO DIRECT, OBJECTIVELY MEASURABLE DAMAGES. IN NO EVENT WILL EITHER PARTY BE LIABLE TO THE OTHER PARTY FOR ANY LOST
PROFITS, LOST REVENUES OR LOSS OF BUSINESS ADVANTAGE OR ANY INDIRECT, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES ARISING OUT OF OR RELATED TO THIS AGREEMENT, WHETHER BASED ON BREACH OF CONTRACT, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY, OR
OTHERWISE, AND WHETHER OR NOT SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE. BOTH PARTIES ACKNOWLEDGE AND AGREE THAT THIS LIMITATION OF LIABILITY IS AN ESSENTIAL ELEMENT OF THE AGREEMENT, AND FURTHER AGREE THAT THESE LIMITATIONS
SHALL APPLY NOTWITHSTANDING ANY FAILURE OF ESSENTIAL PURPOSE OF ANY LIMITED REMEDY. 

 EXCEPT WITH RESPECT TO (i) BREACHES
OF CONFIDENTIALITY OBLIGATIONS OR ROYALTY PAYMENT OBLIGATIONS OR SECTION 2.7, FOR WHICH THERE SHALL BE NO CAP ON LIABILITY; AND (ii) INDEMNITY OBLIGATIONS, FOR WHICH THE CAP ON LIABILITY SHALL BE THREE MILLION U.S. DOLLARS ($3,000,000), IN
NO EVENT SHALL EITHER PARTY’S LIABILITY UNDER THIS AGREEMENT EXCEED ONE MILLION U.S. DOLLARS ($1,000,000). 
  

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 Intel/lntellon Confidential 
  

	10.	TERM AND TERMINATION 

  

	10.1	Term. This Agreement will be effective for an initial term of five (5) years from the Effective Date, and may be renewed upon written mutual consent of both parties prior to
the date of termination. 

  

	10.2	Termination for Cause. Either Party shall have the right to terminate this Agreement should the other Party materially default in the performance of any of its obligations if,
within thirty (30) days after written notice, the defaulting Party has failed to cure the default. 

  

	10.3	Effect of Termination. 

  

	 	(a)	Except as expressly set forth below in Section 10.3(b), Sections 1, 4, 5, 8, 9, 10, 11 and 12 of this Agreement will survive expiration or earlier termination of this
Agreement. 

  

	 	(b)	In the event of termination of this Agreement by a Party for material breach by the other Party in accordance with Section 10.2 above, the non-breaching Party may revoke the
license grants set forth in Section 4 above. 

  

	11.	CONFIDENTIALITY AND NON-DISCLOSURE 

  

	11.1	It may become necessary during the course of this Agreement for one Party to disclose to the other information which the disclosing Party considers confidential (“Confidential
Information”). Disclosure of such Confidential Information shall be governed by the terms of that certain separate Corporate Non-Disclosure Agreement dated September 19, 2002, Intel CNDA #2201641 (the “CNDA”).

  

	11.2	Neither Party will disclose the existence of or terms of this Agreement or of any discussions or transactions engaged in hereunder between the Parties without the prior written
permission of the other, except that a Party may disclose such terms to (i) those employees or agents of such Party who need to know such terms in order for such Party to perform its obligations under this Agreement; (ii) to such
Party’s legal advisors or financial advisors or authorities for legal advice or tax or accounting purposes; (iii) as required by court order or by the rules of civil procedure in litigation pursuant to a protective order maintaining the
confidentiality of this information, after giving no less than ten (10) business days notice to the other Party; (iv) as required to comply with the disclosure obligations of applicable securities laws, in which cases the disclosing Party
shall endeavor to seek confidential protection from the subject securities regulation authorities to the fullest extent allowable and practicable under the circumstances; (v) to bona fide potential acquirers as required in connection with due
diligence related to a bona fide merger, consolidation, or sale of all or substantially all of the assets of Intellon; and (vi) upon receipt of prior written authorization from Intel (which may stipulate that certain provisions of the Agreement
may not be disclosed), which in no instance shall such authorization be unreasonably withheld, conditioned or delayed, to bona fide prospective investors in connection with due diligence related to a bona fide equity financing transaction, so long
as, in all cases, prior to any such disclosure the recipient of the disclosure is bound to hold the information under confidentiality restrictions similar in force to those provided in the CNDA. 

  

	12.	GENERAL PROVISIONS 

  

	12.1	Relationship of Parties. Each Party is and shall remain an independent contractor with respect to all performance rendered pursuant to the terms of this Agreement and the

  

 -12- 

 Intel/lntellon Confidential 
  
 Exhibits hereto. Neither Party nor any employee thereof shall be considered an employee or agent of the other Party for any
purpose and shall have no authority to bind or make commitments on behalf of such other Party for any purpose and shall not hold itself or themselves out as having such authority. Nothing within this Agreement shall be construed as establishing a
partnership, joint venture, or any other entity jointly owned or controlled by the Parties. 
  

	12.2	Independent Development. This Agreement does not preclude either Party from (i) evaluating or acquiring similar technologies or products from third parties not a party to this
Agreement, or (ii) independently developing or marketing similar technologies or products, or making and entering into similar arrangements with other companies. 

  

	12.3	Compliance with laws. Each Party shall, at its own expense, comply with any governmental law, statute, ordinance, administrative order, rule or regulation relating to its duties,
obligations and performance under this Agreement and the Exhibits hereto and shall procure alt licenses and pay all fees and other charges required thereby. Without limiting the foregoing, each Party understands that it is subject to regulation by
United States government agencies, which may prohibit export or diversion of products, including those containing software and technical information, information about such software or such technical information, and direct products of such software
or such technical information to certain countries and certain persons. Regardless of any disclosure a Party makes to the other of an ultimate destination of such software or such technical information, the first Party warrants that it will not
export in any manner, either directly or indirectly, any of such software or such technical information or direct products of such software or such technical information, without first obtaining all necessary approval from appropriate United States
government agencies. Each Party acknowledges that the regulation of product export is in continuous modification by the United States Congress and administrative agencies and agrees to complete all documents and to meet all requirements arising out
of such modifications. 

  

	12.4	Force Majeure. Neither Party to this Agreement shall be held responsible for any failure or delay in performance of any obligations under this Agreement where such performance is
rendered impossible by any act of war, fire, flood, earthquake, epidemic, strikes and other causes similar to those listed, in each case where failure to perform is beyond the control, and not caused by the negligence of, the non-performing Party.

  

	12.5	Entire Agreement. This Agreement and the Exhibits hereto, which constitute an integrated part of the Agreement and which are hereby incorporated into the Agreement by reference,
constitute the entire agreement between the Parties and supersedes all prior and contemporaneous agreements, oral or written, and all other communications relating to the specific subject matter of this Agreement. 

  

	12.6	Severability. If any provision of this Agreement is held by a court of competent jurisdiction to be contrary to law, the remaining provisions of this Agreement will remain in full
force and effect and shall be interpreted, to the extent possible, to achieve its purposes without the invalid, illegal or unenforceable provision. 

  

	12.7	Modification. No alteration, amendment, waiver or any other change in any term or condition of this Agreement will be valid or binding on either Party unless such has been mutually
assented to in writing by authorized representatives of both Parties. 

  

	12.8	Waiver. The failure of either Party to enforce at any time any of the provisions of this Agreement, or the failure to require at any time performance by the other Party of any of
the provisions of this Agreement, shall in no way be construed to be a present or future waiver of such provisions, nor in any way affect the right of either Party to enforce each and every such provision thereafter. The express waiver by either
Party of any provision, condition or requirement of this Agreement shall not constitute a waiver of any future obligation to comply with such provision, condition or requirement or constitute a waiver of any other provision of this Agreement.

  

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 Intel/lntellon Confidential 
  

	12.9	Duplicate Originals. This Agreement may be executed in duplicate originals, which shall constitute one Agreement. 

  

	12.10	Notices. Unless otherwise agreed to by the Parties, all notices required under this Agreement shall be deemed effective when received and made in writing by either
(i) registered mail, (ii) certified mail, return receipt requested, or (iii) overnight mail or overnight delivery by a recognized national delivery service, addressed and sent to the attention: 

  

			
	Intel:	 	Intellon:
		
	Intel Corporation	 	Intellon Corporation
	2200 Mission College Blvd.	 	5100 West Silver Springs Boulevard
	Santa Clara, CA 95052	 	Ocala, Florida 34482
	USA Attn.: Post-Contract Management	 	Attn: Chief Executive Officer
		 	
	 With copies to:
  
	 	
	Intel Corporation	 	
	2200 Mission College Blvd.	 	
	Santa Clara, CA 95052-8119 USA	 	
	Attn. General Counsel	 	

 Such notices shall be deemed served when received by addressee or, if delivery is not accomplished
by reason of some fault of the addressee, when tendered for delivery. Either Party may give written notice of a change of address and, after notice of such change has been received, any notice or request shall thereafter be given to such Party at
such changed address. 
  

	12.11	Assignment. Except for a Corporate Event as to which Intellon has provided Notice as required by Section 7.1, neither Party may sell, transfer, assign, or delegate in whole or
in part this Agreement, or any rights, duties, obligations or liabilities under this Agreement, without the prior written consent of the other Party. This Agreement will inure to the benefit of and be binding upon each Party’s permitted
successors and assigns. 

  

	12.12	Taxes. All applicable taxes and other charges such as duties, customs, tariffs, imposts, and government imposed surcharges shall be stated separately within invoices and each Party
shall be responsible for the payment of such taxes and other charges for which it is legally responsible. If a Party is prohibited by law from remitting payments unless it deducts or withholds taxes therefrom on behalf of the local taxing
jurisdiction, then that Party shall duly withhold such taxes and shall remit the remaining net invoice amount to the other Party. 

  

	12.13	Representation by Counsel; Construction. The Parties each acknowledge that each Party to this Agreement has been represented by counsel in connection with this Agreement and the
transactions contemplated by this Agreement. Accordingly, any rule of law or any legal decision that would require interpretation of any claimed ambiguities in this Agreement against the Party that drafted it has no application and is expressly
waived. The provisions of this Agreement shall be interpreted in a reasonable manner to effect the intent of the Parties. 

  

 -14- 

 Intel/lntellon Confidential 
  

	12.14	Interpretation. The Section headings contained in this Agreement are for reference purposes only and shall not affect in any way the meaning or interpretation of this Agreement. If
there is any conflict or ambiguity between a provision in this Agreement and that in any of the Exhibits hereto this Agreement shall control and have precedence over such Exhibit. 

  

	12.15	Governing Law. Any dispute or claim arising out of, in relation to, or in connection with this Agreement, and any subsequent amendments to this Agreement, including without
limitation the interpretation, making, performance, breach or termination thereof shall be governed by and construed and enforced in accordance with the laws of the State of Delaware, without reference to conflicts of laws principles.

 IN WITNESS WHEREOF, the Parties hereby execute this Agreement to be effective as of the Effective Date. 
 AGREED: 
  

					
	INTEL CORPORATION	  		  	INTELLON CORPORATION
			
	 /s/ Abel Weinrib
	  		  	 /s/ Charles E. Harris

	Signature	  		  	Signature
			
	 Abel Weinrib
	  		  	 Charles E. Harris

	Printed Name	  		  	Printed Name
			
	 Co-Director and VP, CTG
	  		  	 Chairman and CEO

	Title	  		  	Title
			
	 June 9, 2005
	  		  	 10 June 2005

	Date	  		  	Date

  

 -15- 

 Intel/lntellon Confidential 
  
 EXHIBIT A 
 Intellon HomePlug AV Design 

 Intel/lntellon Confidential 
  
 EXHIBIT A 
 Intellon HomePlug AV Design 
 Definitions 
  

	 	1.	“Bug” means a failure of Intellon’s design to meet the Final HomePlug AV Specification. 

  

	 	2.	“Bug Fix” means a correction of a Bug or minor additions to functionality that are required by minor updates to the HomePlug AV layer specification (e.g.,
“Maintenance Revisions”), or standard operation to meet market conditions, in each case which correction or addition is made by Intellon and is made commercially-available by Intellon from time to time. Bug Fixes can include changes to
hardware or software. 

  

	A.	MAC/PHY Baseband Integrated Circuit 

  

	 	1.	Functionality. The Intellon HomePlug AV Design (for purposes of this Exhibit, the “Design”) will be a CMOS integrated circuit (“IC”) implementation
of the HomePlug AV Specification, designed and offered as a commercial product by Intellon. The Design includes the HomePlug AV PHY and MAC hardware and the [*****] for the [*****]. The Design must be compliant with the [*****] of the
final version of the HomePlug AV Specification (“HomePlug AV-compliant”). The Design shall coexist with HomePlug 1.0 devices; however, the initial version of the Design, currently designated the INT6000 (the “Initial
Design”), is not intended to interoperate with HomePlug 1.0 devices. For the avoidance of future doubt, if the final version of the HomePlug AV Specification requires that HomePlug AV devices interoperate with HomePlug 1.0
devices, then the Initial Design must comply accordingly. 

  

	 	2.	Future Iterations. In the event that Intellon has not transferred the Initial Design to Intel, and if Intellon elects to produce and offer as a commercial product one or more
subsequent iterations of the Initial Design and the Delivery Requirements (as defined below) for such subsequent iteration have been met, Intellon shall deliver to Intel, in lieu of the Initial Design, the subsequent iteration of the Initial Design
(a “Subsequent Design”). For purposes of the avoidance of doubt, Intellon shall not be obligated to include in the delivery of any Subsequent Design any additional functionality or interfaces not included in the Initial Design that do not
comprise or facilitate portions of [*****] (e.g., [*****]. Intellon agrees that in the event that Intellon removes such functionality from the Design, Intellon will validate that the Design functions properly without the removed circuitry.

  

	 	3.	One Design: Bug Fixes. In the event Intel exercises the Option, Intellon shall only be obligated to deliver one Design to Intel, which Design shall be either in the form of
the Initial Design or in the form of a Subsequent Design, as provided in this Exhibit. In no event shall Intellon be obligated to deliver the Design both in the form of the Initial Design and in the form of a Subsequent Design or, if Intellon does
not deliver the Initial Design as permitted in the Exhibit, in the form of more than one Subsequent Design. At the time of delivery, Intellon agrees to provide to Intel all Bug Fixes (corresponding to the Design) that are relevant to the Design.
After Intellon has delivered the Design to Intel, Intellon also agrees to notify Intel in writing of all Bugs (corresponding to the Design) within 5 business days of discovery by Intellon, and to make available to Intel in writing as soon as
available all corresponding Bug Fixes. After Intellon has delivered the Design to Intel, Intel will notify Intellon in writing of all Bugs (corresponding to the Design) identified by Intel within 5 business days of discovery by Intel, and make
available to Intellon in writing as soon as available any corresponding corrections created by Intel. 

 Intel/lntellon Confidential 
  

	 	4.	Scope of Design. The Design contains a HomePlug AV-compliant MAC and PHY, along with a flexible multi-media interface. The Initial Design utilizes a third party
AFE IC, which consists of an ADC, DAC and support gain and filtering circuitry to create a HomePlug AV node. The AFE IC design may or may not be included in the Initial Design. Intellon’s obligation to deliver the AFE IC Design
to Intel shall be as specified in Section B(3). 

 [*****] 
 List of abbreviations: 
 [*****] 
 The following description (including the block diagrams) of the Initial Design is based upon
information available as of the date of this Agreement. The parties acknowledge that Intellon shall have the right, in its sole discretion, to make changes to the Initial Design before it is completed and meets the Availability Requirements
described below. 
 PHY Architecture 
 The block diagram below shows the top level PHY architecture. The [*****] contains the [*****], the [*****] and the [*****]. The [*****] contains the [*****], the [*****], the [*****] and the [*****]. 
 [*****] 
 MAC Hardware Architecture 
 The MAC Hardware Architecture consists of the MAC [*****], which contains the [*****] based [*****] and
[*****] and the [*****], as depicted in the following diagram. 
 [*****] 
 MAC SW Architecture 
 The INT6000IC MAC Software Architecture is [*****] and [*****]. 
 List of abbreviations:

 [*****] 
  

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 Intel/lntellon Confidential 
  
 5. Third Party IP Included in Design. The Design uses [*****] and other intellectual property supplied to Intellon by
third parties (the “Third Party IP”). The [*****] and other intellectual property included in the Initial Design are described in Schedule A-1, which is attached to and incorporated into this Exhibit A by reference. Intellon will
deliver to Intel a list of all Third Party IP included in any Subsequent Design as soon as such information is available, or, if later, whenever Intel requests. Intellon cannot deliver the Third Party IP to Intel with, or as part of, the Design
unless the owner of the Third Party IP provides written authorization for Intellon to do so. Intel and Intellon will cooperate in good faith to seek approval from the owners of all Third Party IP to provide permission for Intellon to deliver the
respective Third Party IP to Intel. In the event that an owner of any Third Party IP fails to provide such written authorization, Intellon shall have no obligation to replace any such Third Party IP in the Design with other design cores or other IP;
however, Intellon agrees to provide a detailed specification required to replace the Third Party IP in order to function with the remaining portions of the Design. For the avoidance of doubt, this obligation to provide a detailed specification does
not apply to the [*****] or the [*****]. If Intel requests Intellon to provide engineering consulting services to aid Intel in replacing the Third Party IP in the Design and integrating the resulting work into Intel’s own CMOS fabrication
process, Intellon will furnish such consulting services pursuant to the terms of Section 3.5.1 of the Agreement. The parties understand and agree that the [*****] and [*****] included in the Third Party IP are central to the Initial Design and
may be central to any Subsequent Design and that it would not be practical for Intellon to deliver the Initial Design (and if the [*****] and [*****] are central to any Subsequent Design, any Subsequent Design) without these elements. Consequently,
notwithstanding the other provisions of the Agreement and this Exhibit A, Intellon will not be obligated (i) to deliver the Initial Design (and if the [*****] and [*****] are central to any Subsequent Design, any Subsequent Design) to
Intel unless the owner(s) of the Third Party IP comprising the [*****] and [*****] provide written authorization for Intellon to do so, or (ii) to provide engineering consulting services to aid Intel in removing or replacing the [*****] or the
[*****] in the Initial Design or any such Subsequent Design. Intel and Intellon will cooperate in good faith to seek approval from the owner of the [*****] comprising the [*****] and [*****] (currently [*****]) to provide permission for Intellon to
deliver the Initial Design to Intel. If Intel requests, Intellon agrees to use reasonable efforts to facilitate a business relationship between Intel and any Third Party IP providers. Such efforts shall not require Intellon to expend any additional
funds or to accept terms or delays that are unacceptable to Intellon. 
 6. Availability of Design. The Design will be available for
delivery to Intel thirty (30) days after the Intellon IC based on the Design has passed both (i) [*****] in accordance with Intellon’s reasonable business [*****] and [*****] (the “Delivery Requirements”). Intellon shall
have no obligation to deliver the Design to Intel until both of the Delivery Requirements have been met. Intellon shall not unreasonably delay (i) or (ii). 
 7. Design Deliverables. The Initial Design delivered to Intel shall include the items described in Schedule A-2, which is attached to and incorporated into this Exhibit A by reference. Any Subsequent
Design delivered to Intel shall include such items in Schedule A-2 as are applicable to the Subsequent Design. In the event that the Subsequent Design uses different vendor tools or Third Party IP than the Initial Design, the items described in
Schedule A-2 will be adjusted accordingly. 
  

	B.	Analog Front End (AFE) Design 

  

	 	1.	No Obligation to Create AFE Design. Intellon shall have no obligation to create an AFE Design or to cause any such AFE Design to meet the Delivery Requirements.

  

	 	2.	Creation of AFE Design. At present, Intellon does not [*****] for use with the[*****] and [*****] In the event that Intellon in its sole discretion [*****], Intellon agrees
to use reasonable efforts to [*****]. Such efforts shall not require Intellon to expend any additional funds or to accept business terms or delays that are unacceptable to Intellon. In the event Intel and Intellon are [*****], Intellon and Intel
each agrees to use reasonable efforts to not enter into an agreement [*****] (Intel or Intellon, as applicable) [*****] Such efforts shall not require Intellon or Intel to expend any additional funds or to accept business terms or delays that are
unacceptable to such party. Intellon will deliver to Intel a list of all Third Party IP included in [*****] as soon as such information is available, or, if later, whenever Intel requests. 

  

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 Intel/lntellon Confidential 
  

	 	3.	Delivery of AFE Design. In the event Intel elects to exercise the Option with respect to the Design and at such time Intellon (i) has and owns an AFE Design that has met
the Delivery Requirements, or (ii) has commenced or subsequently commences work on a proposed AFE Design that it will own but which has not yet met the Delivery Requirements, Intellon will provide written notice to Intel of such event and, if
requested by Intel in writing, will make such AFE Design, if and when it has passed the Delivery Requirements, available to Intel as part of the Design. Intellon will furnish consulting services pursuant to the terms of Section 3.5.1 of the
Agreement. At the time of delivery, Intellon agrees to provide to Intel all Bug Fixes (corresponding to the AFE Design) that are relevant to the AFE Design. After Intellon has delivered the AFE Design to Intel, Intellon also agrees to notify Intel
in writing of all Bugs (corresponding to the AFE Design) within 5 business days of discovery by Intellon, and to make available to Intel in writing as soon as available all corresponding Bug Fixes. After Intellon has delivered the AFE Design to
Intel, Intel will notify Intellon in writing of all Bugs (corresponding to the AFE Design) identified by Intel within 5 business days of discovery by Intel, and make available to Intellon in writing as soon as available any corresponding corrections
created by Intel. 

  

	 	4.	Delivery of Third Party AFE Design. The restrictions and conditions on the delivery of Third Party IP set forth in Section A.5 of this Exhibit A also apply to the
AFE Design. In the event the AFE Design uses Third Party IP blocks that are so central to the AFE Design that, in the reasonable judgment of Intellon, they cannot be removed or replaced without substantially redesigning the AFE Design, then Intellon
shall have no obligation to (i) deliver the AFE Design to Intel unless the owner(s) of the Third Party IP comprising such blocks provide written authorization for Intellon to do so, or (ii) to provide engineering consulting services to aid
Intel in removing or replacing such central blocks in the AFE Design; however, Intellon agrees to provide a detailed specification required to replace the Third Party IP in order to function with the remaining portions of the AFE Design and the
Design. 

  

	 	5.	One AFE Design. Intellon shall not have any obligation to deliver more than one AFE Design to Intel. 

  

	 	6.	AFE Specification. Intellon shall provide to Intel a detailed specification for [the AFE] that is needed to work properly with Intellon’s design as specified in
Schedule A-2 to this Exhibit A. Intellon agrees to provide to Intel consulting services to help Intel understand the interface between the Design and the AFE. Intellon will furnish such consulting services pursuant to the terms of
Section 3.5.1 of the Agreement. 

  

 -4- 

 Intel/lntellon Confidential 
 SCHEDULE A-1 TO EXHIBIT A 
 Intellon HomePlug AV Design 
  

					
	 IP Block
	 	 Source
	 	 Description

	[*****]	 	[*****]	 	[*****]
	Ethernet Core	 	[*****]	 	Ethernet core
	[*****]	 	[*****]	 	[*****]
	[*****]	 	[*****]	 	[*****]
	Processor	 	[*****]	 	[*****]
	Processor Peripherals	 	[*****]	 	[*****]
	[*****]	 	[*****]	 	[*****]
	AES Core	 	[*****]	 	128 bit AES Core
	[*****]	 	[*****]	 	[*****]
	[*****]	 	[*****]	 	[*****]
	Turbo Codec	 	[*****]	 	[*****]
	[*****]	 	[*****]	 	[*****]
	[*****]	 	[*****]	 	[*****]
	[*****]	 	[*****]	 	[*****]
	[*****]	 	[*****]	 	[*****]
	[*****]	 	[*****]	 	[*****]
	[*****]	 	[*****]	 	[*****]
	Licenses	 	[*****]	 	[*****]
	Turbo Coder/Decoder	 	[*****]	 	[*****]
	HomePlug AV Specification	 	[*****]	 	HomePlug AV Specification necessary patent claims
	Tools	 	[*****]	 	[*****]
	[*****]	 	[*****]	 	[*****]
	[*****]	 	[*****]	 	[*****]
	Synthesis, test & layout	 	[*****]	 	Tools required to Synthesize chips, create test patterns and physical design of chip
	[*****]	 	[*****]	 	[*****]

 Intel/lntellon Confidential 
 SCHEDULE A-2 TO EXHIBIT A 
 Intellon HomePlug AV Design 
 This Schedule lists the information and collateral that will be delivered as the Design described in Exhibit A. Unless otherwise denoted, collateral is required for
[*****]. Unless otherwise denoted, collateral corresponding [*****] would be delivered only if applicable per the terms of Exhibit A. 
  

	A1.	[*****] 

 The following are required
[*****] 
  

	A2.	[*****] 

 The following are required
[*****] 
  

	A3.	[*****] 

 The following are required
[*****] 
  

	A4.	[*****] 

 The following are required
[*****] 
  

	A5.	[*****] 

  

	A6.	[*****] 

 The following are required
[*****] 
  

	A7.	[*****] 

  

	A8.	[*****] 

  

	A9.	[*****] 

  

	A10.	[*****] 

 Regardless of whether [*****],
Intellon will [*****]. 
 This includes: 
 [*****] 
  

 Intel/lntellon Confidential 
  
 EXHIBIT B 
 Form of Trademark Agreement 
 TRADEMARK AGREEMENT 
 This Trademark Agreement (“Agreement”), effective as of the latest date signed below, is made by and between Intel Corporation, a Delaware corporation with a principal place of business at 2200 Mission
College Boulevard, Santa Clara, California 95052 (“Intel”) and Intellon Corporation, a Delaware corporation with a principal place of business at 5100 W. Silver Springs Blvd., Ocala, FL 34482 (“Intellon”). 
 RECITALS 
 WHEREAS, Intel owns and uses and has used the
trademark and trade name INTEL and numerous INTEL-based trademarks and trade names in connection with the manufacture, promotion, and sale of a wide range of computer, communications, educational, and consumer electronics products and services, and
other goods such as shirts, jackets, pens, luggage, bags, stationary, note pads, watches, umbrellas, balls, mugs, key chains, and hats, and intends to continue using such trademarks and trade names in connection with such products and services in
the future. Intel has also registered and applied to register many INTEL-formative marks around the world; 
 WHEREAS, the INTEL mark has been
registered in numerous countries around the world since as early as 1971, including but not limited to the following registrations in the United States: 
 INTEL: U.S. Trademark Registration Nos. 914,978; 938,772; 939,641; 1,022,563; 1,573,324; 1,723,243; 1,725,692; 2,171,778; 2,194,121; 2,251,962; 2,251,961; 2,250,491; 2,254,525; 2,261,531; 2,276,580; 2,365,149;
2,444,762; 2,446,693; 2,462,327; 2,585,551; and 2,742,174. 
 WHEREAS, Intel has invested enormous resources and effort in the promotion and extensive
use of the INTEL marks in the United States and worldwide such that the trademarks have become well-known and famous worldwide and represent significant and valuable goodwill to the benefit of Intel; 
 WHEREAS, Intellon uses the trade name, trademark, and service mark INTELLON and the domain name intellon.com in connection with the manufacture, promotion, and
sale of communications technology, products and services, including hardware and software for automation and spread spectrum communications, networking over power lines, coaxial cable, and telephone and other wiring as well as radio frequency
communications and technical and training support services associated therewith; 
 WHEREAS, the parties entered into a prior trademark agreement
dated October 12,1994, whereby the parties agreed that Intellon could use certain forms of the INTELLON name and mark under certain terms and conditions, and the parties now agree that any terms and/or conditions in such agreement that conflict
with this Agreement, or on which such agreement was silent, are superseded and governed by this Agreement; 

 Intel/lntellon Confidential 
  
 WHEREAS, Intellon has obtained trademark registrations for the word mark INTELLON in standard characters in the United States
(Trademark Reg. No. 2114457 in International Class 9), Canada (Trademark Reg. No. TMA414229 in International Class 9), Benelux (Trademark Reg. No. 509882 in International Classes 9 and 16), France (Trademark Reg. No. 92400560 in
International Class 9), Germany (Trademark Reg. No. 2098963 in International Class 9), the United Kingdom (Trademark Reg. No. 1486723 in International Class 9), Australia (Trademark Reg. No. A569940 in International Class 9) and Japan
(Trademark Reg. 2720184 in International Class 9); 
 WHEREAS, a dispute has arisen between the parties regarding Intellon’s continued use and
registration of the INTELLON name and marks and the parties now wish to amicably resolve and conclude this matter and avoid potential litigation. 
 NOW, THEREFORE, for and in consideration of the foregoing and of the mutual representations, promises, terms, and conditions contained herein, receipt of which is hereby acknowledged, and intending to be bound, Intel and
IntelIon agree as follows: 
 TERMS OF AGREEMENT 
 I. INTELLON’S OBLIGATIONS 
 A. Acknowledgement of Intel’s Trademark Rights 
 Intellon hereby recognizes and acknowledges Intel’s ownership rights in and to the INTEL trademark and all of the goodwill associated therewith, and Intellon agrees that Intel’s INTEL mark is famous,
enforceable, and valid. 
 B. The INTELLON Marks 
 Intellon
represents and warrants that the only names, marks, logos, slogans, titles, Internet domain names, toll-free telephone numbers, or other designations that Intellon has adopted, used, owned, possessed, applied to register or registered containing or
consisting of the letter string INTEL in any variation, alone or as a prefix or suffix, regardless of stylization, design or device, or any other confusingly similar designation of any kind, are the INTELLON trade name, trademarks, and service
marks, the intellon.com domain name, and the INTELLON trademarks registered in standard character form in the United States (Trademark Reg. No. 2114457 in International Class 9), Canada (Trademark Reg. No. TMA414229 in International Class 9),
Benelux (Trademark Reg. No. 509882 in International Classes 9 and 16), France (Trademark Reg. No. 92400560 in International Class 9), Germany (Trademark Reg. No. 2098963 in International Class 9), the United Kingdom (Trademark Reg.
No. 1486723 in International Class 9), Australia (Trademark Reg. No. A569940 in International Class 9) and Japan (Trademark Reg. 2720184 in International Class 9) (collectively, the “INTELLON Marks”). 
 C. Discontinuation of Use of INTELLON in Stylized Mark/Logo 
 Except as
expressly set forth below, by September 1, 2005 (the “Logo Change Deadline”), Intellon will permanently discontinue use of its existing design marks and logos that contain INTELLON, and modify all uses of such design marks and
logos (including without limitation uses on letterhead, signage, websites, and marketing collateral) such that the INTEL letter string is broken up via 

  

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 Intel/lntellon Confidential 
  
 
positioning of letters (for example, spaces within the INTEL letter string, or letters set obviously above and below the center line so as to create a clear
separation within the INTEL letter string), via the use of upper case and lower case letters (for example, InTellon or the like), or via the addition of dashes, periods, or the like (for example INTE.LLON, IN-TELLON, IN.TELLON, or the like) as
preapproved in writing by Intel, in Intel’s reasonable discretion, and will not emphasize, highlight, set apart, or distinguish in any way the letter string INTEL or INTELL as a whole from the remainder of the mark, or use an E subscripted in
relation to the other letters. For the avoidance of doubt, the parties agree that (i) color changes alone to Intellon’s existing design marks and logos are not sufficient to satisfy this requirement, (ii) this Section I.C. does
not require Intellon to modify or discontinue use of, or to make any change in, its word mark, INTELLON, its trade name in standard characters, “Intellon”, or its domain name, intellon.com, and (iii) this Section I.C. does not
require Intellon to modify or discontinue use of, or to make any changes in, trademarks, service marks, terms, phrases, designs, or devices that do not include the word “Intellon.” 
 Notwithstanding the foregoing Logo Change Deadline, following the Logo Change Deadline Intellon shall be permitted to continue limited use of the Intellon logo only as
follows: (1) use, for a period of 6 months following the Logo Change Deadline, of its inventory of printed sales and product collateral materials, including printed folders and promotional items (such as shirts, cups, coasters, USB drives,
pens), which are existing or on order as of the Logo Change Deadline; (2) use, for a period of 12 months following the Logo Change Deadline, of (a) any video content used for product testing and demonstration purposes, which is existing or
on order as of the Logo Change Deadline, (b) product prototypes and demonstration devices existing or in production as of the Logo Change Deadline, and (c) product inventory not specifically included in the later phase-out periods in
Sections (I)(C)(3) and (I)(C)(4)below (such as production test systems, evaluation kits, and reference design samples), existing or in production as of the Logo Change Deadline; (3) use and sale, for a period of 18 months following the
Logo Change Deadline, of HomePlug and PowerPacket integrated circuit inventory assembled prior to the Logo Change Deadline, as long as Intellon makes best efforts to exhaust such inventory as early as reasonably possible; and (4) use and sale,
for a period of 36 months following the Logo Change Deadline, of Spread Spectrum Communications (SCC) integrated circuit inventory assembled prior to the Logo Change Deadline, as long as Intellon makes best efforts to exhaust such inventory as early
as reasonably possible. Notwithstanding the above, as long as Intellon has made best efforts as required in Sections 1(C)(3) and I(C)(4) above, Intellon shall not be in breach of this Agreement if no more than 120,000 units of inventory under
Section (I)(C)(3), and 40,000 units of inventory under Section (I)(C)(4), remain and are sold after the deadlines set forth in Sections (I)(C)(3) and (I)(C)(4), respectively. 
 To obtain Intel’s preapproval of proposed changes to the INTELLON logo and design marks, Intellon must send notice, according to the provisions set forth in
Section III.M. below, of its proposed revisions, and receive written confirmation from Intel of receipt in accordance with the terms set forth in Section III.M. To preapprove or disapprove the proposed changes to the INTELLON logo and
design marks, Intel must send notice, according to the provisions set forth in Section III.M below of its preapproval or disapproval of the proposed changes to the INTELLON logo and design marks. Thereafter, in the event Intel fails to send
notice to Intellon of Intel’s preapproval or disapproval of any changes to the INTELLON logo and design marks proposed by Intellon in accordance with the terms set forth in Section III.M within fourteen (14) days after Intellon
submits such design mark or logo to Intel for approval, Intel shall have an additional seven (7) day grace period (the “Grace Period”) to send notice of its preapproval or disapproval of the proposed 

  

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 Intel/lntellon Confidential 
  
 
changes to the INTELLON logo and design marks proposed by Intellon in accordance with the terms set forth in Section III.M. If Intel fails to send
notice of its approval or disapproval of the changes to the INTELLON logo and design marks within the Grace Period in accordance with the provisions of Section III.M, the changes to the INTELLON logo and design marks proposed by Intellon shall
be deemed preapproved. In the event Intel disapproves any proposed changes to the INTELLON logo or design mark submitted by Intellon for approval by Intel pursuant to this Section I.C, the notice of disapproval shall describe the specific
reason for disapproval. In the event Intel sends notice(s) of disapproval of the changes to the INTELLON logo and design marks in accordance with the provisions set forth in Section III.M, such that Intel has not preapproved or been deemed to
have preapproved a change to the INTELLON logo and design marks at least sixty (60) days prior to Logo Change Deadline, the Logo Change Deadline shall be extended to the date that is sixty (60) days after the date on which such preapproval
or deemed preapproval has been obtained. In the event that Intellon has not submitted a logo/design mark change acceptable to Intel by the Logo Change Deadline, and Intel determines in its reasonable discretion that the cause of this delay is a lack
of good faith on the part of Intellon to fulfill the requirements of this Agreement, then the provision from the Technology Collaboration and License Agreement (Section 2.1) requiring that Intel provide reasonable assistance to Intellon in the
marketing and sale of certain Intellon HomePlug products shall be contingent on Intellon’s logo change as required herein such that Intel reserves the right to suspend this marketing assistance obligation until Intellon has obtained
Intel’s preapproval on the new logo/design mark as required in this Agreement. 
 Intel expressly agrees that the following marks are acceptable as a
name, trade name, trademark and service mark and do not require preapproval from Intel, in order of Intel’s preference: IN-TELLON, and IN-TELL-ON, as long as the stylization conforms with the requirements set forth above. 
 D. Discontinuation of All Use of the INTELLON Marks 
 If Intel exercises the
“Option” as defined in the Technology Collaboration and License Agreement by and between Intel and Intellon executed simultaneously herewith (the “Option”), then Intellon will permanently discontinue any and all use of the name,
trade name, trademark, service mark, designation, and term INTELLON within nine (9) months after Intel exercises the License Option (the “Name Change Deadline”), except as otherwise expressly set forth below. For purposes of this
Agreement, use includes but is not limited to use of INTELLON as a trade name, as a company name, in a logo or slogan, on web sites, in correspondence, on letterhead, business cards, and promotional and marketing materials, and on signage. If Intel
exercises the Option, Intellon further agrees that it will not adopt, use, apply to register or register the INTELLON Marks or any other mark that may cause likelihood of confusion with or dilution of the INTEL mark or any mark containing the letter
string “INTEL” or “INTELL” (as a standalone-term or embedded within another term). If Intel exercises the Option, Intellon further agrees not to assign any actual or claimed rights in the INTELLON Marks to any third party.

 Notwithstanding the foregoing, the parties agree that Intellon may adopt marks that incorporate the following words/terms so long as these marks do not
emphasize, highlight, set apart, or distinguish in any way the letter string INTEL or INTELL as a whole from the remainder of the mark, or use an E subscripted in relation to the other letters: (1) marks that contain the English words
INTELLIGENT, INTELLIGENCE, INTELLECT, INTELLECTUAL, and INTELLIGIBLE; (2) marks that begin with the letters INTELLI followed by another recognizable word or word element that makes 

  

 -4- 

 Intel/lntellon Confidential 
  
 
up an additional syllable, e.g., INTELLILON (but not INTELLION); or (3) if as preapproved in writing by Intel in its reasonable discretion, marks that
contain, but break up, the INTEL letter string, e.g. IN.TELLON, INT-ELLON, INTE.LLON, etc. Intel shall give notice of preapproval or disapproval of such marks in accordance with the provisions set forth in Section I.C. for preapproval of logos
and design marks. In the event Intel sends notice(s) of disapproval of such marks in accordance with the provisions set forth in Section III.M, such that Intel has not preapproved a mark at least six (6) months prior to the Name Change
Deadline, the Name Change Deadline shall be extended to the date that is six (6) months after the date on which such preapproval or deemed preapproval has been obtained. In the event that Intellon has not submitted a name change acceptable to
Intel by the Name Change Deadline, and Intel determines in its reasonable discretion that the cause of this delay is a lack of good faith on the part of Intellon to fulfill the requirements of this Agreement, then the provision from the Technology
Collaboration and License Agreement (Section 2.1) requiring that Intel provide reasonable assistance to Intellon in the marketing and sale of certain Intellon HomePlug products shall be contingent on Intellon’s name change as required
herein such that Intel reserves the right to suspend this marketing assistance obligation until Intellon has obtained Intel’s preapproval on the new name as required in this Agreement. 
 Intel expressly agrees that the following words are acceptable as a name, trade name, trademark and service mark and do not require preapproval from Intel, in order of
Intel’s preference: IN-TELLON and IN-TELL-ON, as long as the stylization conforms with the requirements set forth above. 
 Notwithstanding the
foregoing Name Change Deadline, following the Name Change Deadline Intellon shall be permitted to continue limited use of the Intellon name only as follows: (1) use, for a period of 6 months following the Name Change Deadline, of its inventory
of printed sales and product collateral materials, including printed folders and promotional items (such as shirts, cups, coasters, USB drives, pens), which are existing or on order as of the Name Change Deadline; (2) use, for a period of 12
months following the Name Change Deadline, of (a) any video content used for product testing and demonstration purposes, which is existing or on order as of the Name Change Deadline, (b) product prototypes and demonstration devices
existing or in production as of the Name Change Deadline, and (c) product inventory not specifically included in the later phase-out periods in Sections (I)(D)(3) and (I)(D)(4) below (such as production test systems, evaluation kits, and
reference design samples), existing or in production as of the Name Change Deadline; (3) use and sale, for a period of 18 months following the Name Change Deadline, of HomePlug and PowerPacket integrated circuit inventory assembled prior to the
Name Change Deadline, as long as Intellon makes best efforts to exhaust such inventory as early as reasonably possible; and (4) use and sale, for a period of 36 months following the Name Change Deadline, of Spread Spectrum Communications (SCC)
integrated circuit inventory assembled prior to the Name Change Deadline, as long as Intellon makes best efforts to exhaust such inventory as early as reasonably possible. Notwithstanding the above, as long as Intellon has made best efforts as
required in Sections I(D)(3) and I(D)(4) above, Intellon shall not be in breach of this Agreement if no more than 120,000 units of inventory under Section (I)(D)(3), and 40,000 units of inventory under Section (I)(D)(4), remain and
are sold after the deadlines set forth in Sections (I)(D)(3) and (I)(D)(4), respectively. 
 If Intel exercises the Option before the last day of any of
the extended Logo Change Deadlines listed in Section I(C)(2), I(C)(3) or I(C)(4) above, then the applicable extended Logo Change Deadline(s) in the applicable aforementioned sections will be extended further to the related extended Name Change
Deadline(s) listed in Sections I(D)(2), I(D)(3) and (I)(D)(4), respectively, in order to avoid sequential changes to Intellon’s logo and name. 
  

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 Intel/lntellon Confidential 
  
 E. Confirmation of Discontinuation of Use 
 1. Intellon will provide Intel with written confirmation of the permanent discontinuation of use of INTELLON in Intellon’s stylized marks/logos as required in Section I.C. by having an officer of Intellon
sign a letter substantially in the form of Exhibit A and delivering it to Intel according to the Notice provision below for receipt by Intel no later than fourteen (14) days after the Logo Change Deadline and each extended Logo Change
Deadline per the provisions of Section I.C. 
 2. If Intel exercises the Option, Intellon will provide Intel with written confirmation of
the permanent discontinuation of all use of the INTELLON Marks as required in Section I.D. by having an officer of Intellon sign a letter substantially in the form of Exhibit B and delivering it to Intel according to the Notice provision
below for receipt by Intel within fourteen (14) days after the Name Change Deadline and each extended Name Change Deadline per the provisions of Section I.D. Intellon shall include in such letter copies of the documents that Intellon has
filed to effect its corporate name change. 
 F. Abandonment/Cancellation of Trademark Applications/Registrations 
 If Intel exercises the Option, Intellon agrees to expressly abandon or cancel any and all trademark applications and/or registrations for the INTELLON Marks, specifically
including but not limited to the marks listed in Section I.B. Express abandonment and/or cancellation of these applications and registrations by Intellon will be effected by executing appropriate documents and filing them with the appropriate
trademark offices within fourteen (14) days after Intel exercises the License Option. Intellon agrees to contemporaneously forward to Intel a copy of all such filings according to the Notice provisions below. 
 G. Transfer of intellon.com Domain Name 
 Notwithstanding the other
provisions of this Agreement, if Intel exercises the Option, Intellon agrees to assign the domain name intellon.com to Intel within two years after the Name Change Deadline, and to cooperate with Intel to effectuate such assignment. For the two-year
period following the Name Change Deadline, Intellon will use the domain name, intellon.com, only to redirect Internet traffic to its new domain name and website. 
 H. Exception for Archival and Historical Use 
 Notwithstanding the other provisions of this Agreement, Intellon shall be permitted to continue to
retain, use and display, solely for archival and historical use (including, but not limited to, the use and display of such items on awards, plaques, certificates, products, and packaging and company records and correspondence created prior to the
respective deadlines set forth in Sections I.C. and I.D. of this Agreement, and the use and display of such items in corporate histories, in comparisons of old and new products, and when referring third parties to communications or
correspondence created prior to the respective deadlines set forth in Sections I.C. and I.D. of this Agreement) (a) the existing design marks and logos that contain INTELLON and (b) the name, trade name, trademark, service mark,
designation, and term INTELLON, and references to the domain name intellon.com. 
  

 -6- 

 Intel/lntellon Confidential 
  
 I. Non-Use of INTELLON Name and Marks 
 For a
period of five (5) years after the Name Change Deadline, Intel shall not affirmatively license or sell to any third party any rights it may have in the INTELLON Marks without the prior written consent of Intellon, which shall not be
unreasonably withheld. In addition, for a period of five (5) years after the Name Change Deadline, Intel will not use or register the INTELLON Marks but reserves its right to use and/or register INTEL-based marks that have additional elements
added on (including, but not limited to, acronyms) that may be identical to or resemble LON, as long as such marks do not include the letter string INTELLON as a single unitary element. In addition, for a period of five (5) years after the Name
Change Deadline, Intel shall not use the INTELLON Marks on powerline communications products similar to those currently manufactured by Intellon, which are designed to use existing electrical wiring and outlets in the home or small business to
network certain electronic devices. 
 J. Use of Name and Marks Prior to Change 
 Provided that Intellon complies with its obligations pursuant to this Agreement or any other agreement between the parties regarding the parties’ trademarks, Intel shall not make any claim or take any adverse
action against Intellon or its subsidiaries, affiliates, licensees, customers or agents for their use prior to the Logo Change Deadline, or extended Logo Change Deadline, of the existing design marks and logos that contain INTELLON or for their use
prior to the Name Change Deadline or the extended Name Change Deadlines, of the name, trade name, trademark, service mark, designation, and term INTELLON, and the domain name intellon.com. 
 K. Confidentiality of [*****] 
 Intellon shall keep strictly confidential in
perpetuity the [*****] pursuant to the Agreement and the time periods specified in Sections I.C.1 through I.C.4 and Sections I.D.1 through Section I.D.4, and Intellon will not now or hereafter disclose the [*****] or such time periods to any other
party. Intellon shall handle such information with the same or higher level and degree of care that it uses for its most confidential and sensitive technical and competitive trade secret information. The parties agree that this confidentiality
provision is a material term of this Agreement, and a breach of this provision will constitute a material breach of this Agreement. Notwithstanding the foregoing, Intellon may disclose the [*****] and such time periods: (1) to their legal
advisors or to financial advisors or authorities for legal advice or tax or accounting purposes; (2) as required by court order or by the rules of civil procedure in litigation pursuant to a protective order maintaining the confidentiality of
this information, after giving ten (10) business days notice to Intel; (3) as required to comply with the disclosure obligations of applicable securities laws; and (4) to bona fide prospective investors, financing sources or potential
acquirers as required in connection with due diligence related to a bona fide financing transaction or a merger, consolidation, or sale of all or substantially all of the assets of Intellon, so long as prior to any such disclosure the recipient of
the disclosure is bound to hold the information under confidentiality restrictions similar in force to those provided in this Section I.K., and this Agreement is redacted as preapproved by Intel in writing to exclude all references to [*****]
and the time periods specified in Sections I.C.1 through I.C.4 and Sections I.D.1 through Section I.D.4. 
  

 -7- 

 Intel/lntellon Confidential 
  
 Should Intellon at any time disclose either the [*****], or the time periods specified in Sections I.C.1 through I.C.4 and Sections I.D.1
through Section I.D.4, to any other party except as expressly allowed above, Intellon will be deemed to have [*****] pursuant to this Agreement. Such [*****] will not affect or eliminate Intellon’s other obligations contained in this Agreement
and does not [*****]. Intellon’s [*****] will be in addition to any other remedies Intel may have available at law or in equity and Intel expressly reserves all rights to pursue any and all such remedies. 
 Neither party shall make any formal or prominent public announcement regarding this Agreement. 
 II. INTEL’S OBLIGATIONS 
 A. [*****] 
 Subject to and conditioned upon Intellon’s compliance with the terms and conditions of this Agreement, [*****] the following [*****]. Provided that Intellon has complied with Section I.C. of this Agreement,
Intel will [*****] Intellon’s executed confirmation substantially in the form of Exhibit A [*****] Intellon’s executed confirmation [*****] Intellon’s executed confirmation [*****] Provided that Intellon is in full compliance with all
the terms and obligations contained in this Agreement, including without limitation the [*****] Intellon’s executed confirmation [*****] Intellon’s executed confirmation [*****] Intellon’s executed confirmation [*****] Intellon agrees
and understands that it must complete, execute, and return to Intel [*****]. Intel will not be in breach of this Agreement if Intel has not [*****] completed and executed forms and letters [*****]. 
 III. GENERAL TERMS 
 A. Geographic Scope of Agreement 
 The geographic scope of this Agreement is worldwide. 
 B. Successors and
Assigns 
 This Agreement shall extend to, inure to the benefit of, and be binding upon the parties hereto and their respective directors, officers, partners,
proprietors, attorneys, agents, servants, employees, representatives, affiliates, subsidiaries, shareholders, predecessors, and successors and assigns. 
 C.
Entire Agreement 
 This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior
negotiations and agreements, whether written or oral, relating to such subject matter, and specifically, this Agreement supersedes and governs any conflicting or contradictory terms and/or conditions in the October 12, 1994 agreement between
the parties. This Agreement may not be altered, amended, modified, or otherwise changed in any respect except by an instrument in writing duly executed by authorized representatives of each of the parties hereto. 
  

 -8- 

 Intel/lntellon Confidential 
  
 D. Representation by Counsel 
 The parties to
this Agreement acknowledge that they have received legal counsel concerning the matter resolved by this Agreement and the Agreement itself. 
 E. Disputes
and Interpretation 
 1. Breach or Default. 
 Nothing in this Agreement will be construed so as to impair any legal or equitable right of any party hereto to enforce any of the terms of this Agreement by any means, including without limitation, an action for
damages or a suit to obtain specific performance of any or all of the terms of this Agreement. It is hereby expressly acknowledged by all parties to this Agreement that a breach hereof by Intellon will cause such injury as U.S. federal law and the
laws of the States of Delaware and California recognize as immediate and irreparable and that preliminary and permanent injunctive relief would be appropriate in the event of such breach. 
 2. Governing Law. 
 This Agreement and all
actions for the breach thereof will be governed, construed, and interpreted in accordance with the laws of the State of Delaware without regard to or application of choice of law rules or principles. The parties further acknowledge and agree that
any non-contractual cause of action that either party may assert, including but not limited to trademark infringement, trademark dilution, passing off, false designation of origin, unfair competition and other noncontractual causes of action, will
be governed by U.S. federal law and the law of the State of California. 
 3. Forum. 
 The parties agree that any action arising out of or in connection with this Agreement shall be brought in the United States District Court for the
Northern District of California or in the Superior court for the county of Santa Clara, California, which courts shall have exclusive jurisdiction over any such action, and each of the parties hereby consents to the personal jurisdiction of, and
waives any objection to venue in, such courts. 
 F. Each Party to Bear Its Own Costs and Attorneys’ Fees 
 Each party agrees that it shall bear its own costs and attorneys’ fees associated with the substance of this matter and its amicable resolution through this
Agreement. 
 G. Representation as to Authority 
 The parties to
this Agreement represent and warrant that they have the sole right and exclusive authority to execute this Agreement and that they have not sold, assigned, transferred, conveyed, or otherwise disposed of any interest, right, claim or demand, or
portion thereof, relating to any matter in this Agreement. 
  

 -9- 

 Intel/lntellon Confidential 
  
 H. Severability 
 If any provision of this
Agreement is determined by a court of competent jurisdiction to be invalid, illegal or unenforceable, such determination shall not affect the validity of the remaining provisions unless Intel determines in its discretion that the court’s
determination causes this Agreement to fail in any of its essential purposes. 
 I. Headings 
 The paragraph headings contained in this Agreement are provided for convenience only and shall not be considered in the interpretation and construction of this Agreement. 
 J. Execution of Other Documents 
 The parties agree to cooperate to effect
the intent and terms of this Agreement and agree to execute such any and other papers or documents required or necessary to effect the terms and obligations contained in this Agreement. 
 K. Waiver 
 The failure of either party at any time or times to demand strict performance by the other party of any of the
terms or conditions of this Agreement shall not be construed as a permanent or continuing waiver or relinquishment thereof and each may at any time demand strict and complete performance by the other of said terms and conditions. 
 L. Survival 
 Rights and obligations under this Agreement which by their
nature should survive, including but not limited to all rights and obligations in Sections I and III, will remain in effect after termination or expiration of this Agreement. 
 M. Notice 
 All notices, consents, requests and demands to or upon the respective parties hereto must be in writing and
delivered either in person, by mail (certified or registered mail, postage prepaid), by facsimile (but only if followed by a prompt confirmation by personal delivery or mail in accordance with the foregoing), or by Federal Express or a similar
recognized courier service (all charges prepaid), to the following addresses (“Notice”). Such Notice will be effective upon receipt. 
 For
Intel Corporation: 
 Attn: Director of Trademarks and Brands Legal 
 Intel Corporation 
 Mailstop SC4-203 
 2200 Mission College Blvd 
 Santa Clara, CA 95052 
  

 -10- 

 Intel/lntellon Confidential 
  
 For Intellon; 
 Intellon
Corporation 
 Attn: Chief Executive Officer 
 5100 West Silver
Springs Blvd. 
 Ocala, FL 34482 
 N. Execution 
 The Agreement will be executed in duplicate, with each Agreement being executed in full and without counterparts. 
 IN WITNESS WHEREOF AND INTENDING TO BE BOUND, the parties hereby execute this Agreement through their duly authorized representatives. 
  

									
	INTEL CORPORATION	 		 	INTELLON CORPORATION
					
	By:	 	  
	 		 	By:	 	  

					
	Name:	 	  
	 		 	Name:	 	  

					
	Title:	 	  
	 		 	Title:	 	  

					
	Date:	 	  
	 		 	Date:	 	  

  

 -11- 

 Intel/lntellon Confidential 
  
 EXHIBIT A 
 Via U.S.
Post Office Registered Mail 
 Date:
                     
 Intel Corporation

 Director of Trademarks and Brands Legal 
 2200 Mission College
Blvd. 
 Mailstop SC4-203 
 Santa Clara, CA 95052-8119 

Re: Compliance with Trademark Agreement 
 Dear
                    : 
 This letter will confirm
that Intellon Corporation (“Intellon”) has fully performed its obligations through the date hereof under Section I.C.             of the Trademark Agreement with Intel
Corporation dated             (“Agreement”). 
 I certify that I am an officer
(or authorized representative) of Intellon duly authorized to make these statements and that all statements made of my own knowledge are true and that all statements made on information and belief are believed to be true. 
 Sincerely, 
 Intellon Corporation 
  

	
	  

	Signature
	  

	Name & Title

  

 -12- 

 Intel/lntellon Confidential 
  
 EXHIBIT B 
 Via U.S.
Post Office Registered Mail 
 Date:                     
 Intel
Corporation 
 Director of Trademarks and Brands Legal 
 2200
Mission College Blvd. 
 Mailstop SC4-203 
 Santa Clara, CA
95052-8119 
 Re: Compliance with Trademark Agreement 
 Dear                     : 
 This letter
will confirm that Intellon Corporation (“Intellon”) has fully performed its obligations through the date hereof under Section I.D.            of the Trademark
Agreement with Intel Corporation dated             (“Agreement”). 
 <Insert the following as applicable:> In addition, pursuant to Section I.F. of the Agreement, Intellon has caused to be filed with the appropriate trademark offices express abandonments/cancellations of all of the INTELLON
trademarks, including those registered in the United States (Trademark Reg. No. 2114457 in International Class 9), Canada (Trademark Reg. No. TMA414229 in International Class 9), Benelux (Trademark Reg. No. 509882 in International Classes
9 and 16), France (Trademark Reg. No. 92400560 in International Class 9), Germany (Trademark Reg. No. 2098963 in International Class 9), the United Kingdom (Trademark Reg. No. 1486723 in International Class 9), Australia (Trademark
Reg. No. A569940 in International Class 9) and Japan (Trademark Reg. 2720184 in International Class 9). Copies of the express abandonments as filed are enclosed for your records. 
 <Insert the following as applicable:> In addition, enclosed are copies of the documents that Intellon has filed to effect its corporate name change as required under Section I.E. of the Agreement.

 I certify that I am an officer (or authorized representative) of Intellon duly authorized to make these statements and that all statements made of my own
knowledge are true and that all statements made on information and belief are believed to be true. 
 Sincerely, 
 Intellon Corporation 
  

	
	  

	 Signature

	  

	 Name & Title

	

  

 -13- 

 Intel/lntellon Confidential 
  
 EXHIBIT C 
 TAX IDENTIFICATION NUMBER FORM 
  

 -14- 

 Intel/lntellon Confidential 
  
 Intel Corporation 
 5200 NE Elam Young Parkway

 Hillsboro, OR 97124-6497 
 Tracking
Number                                      
Substitute W-9 
  

											
	Supplier Number	 	  
	 	Intel Buyer	 	  

	(If applicable)	 		 		 	Phone	 	  

  

											
	COMPANY/BUSINESS NAME	 	  

	ADDRESS	 	  

		 	  

 Federal Law requires withholding of 31% federal income tax from payments made to suppliers for which we do not
have a Tax Identification number. Funds withheld can only be refunded by the IRS. IF YOU ARE AN INDIVIDUAL OR A SOLE-PROPRIETOR, PAYMENTS MUST BE MADE AND REPORTED UNDER YOUR NAME. PLEASE PRINT THE NAME THAT NEEDS TO BE
REPORTED. If you have any questions regarding this issue, please contact the IRS. NOTE: Merchandise and reimbursements will not be separated from reportable dollars. 
 Your Tax Identification Number is a nine digit number assigned by the either the Social Security Administration or the IRS. If you do not have a Federal Employer
Identification number (FEIN), you will need to use your Social Security Number (SSN). 
 Please complete the appropriate section below. Then
fill out the last section and return this form. Thank you. 
  

									
	Individual?	 	YOUR NAME	  	  

		 	Social Security Number (SSN) _ _ _- _ _- _ _ _
			
	Sole Proprietor?	 	YOUR NAME	  	  

	 BUSINESS NAME
	  	  

	
	 Social Security Number (SSN) _ _ _ - _ _ - _ _ _ OR FEIN   _ _ - _ _ _ _ _ _

	 (This is either your Social Security Number OR your Federal Employer ID Number)

			
	Partnership?	 		  	FEIN  _ _ -_ _ _ _ _ _ _ _ _
	Incorporated Attorney or Legal Firm?	  		  	
		
	 Corporation/Incorporated?
 Non-Profit?
	  	 FEIN  _ _- _ _ _ _ _ _ _ _ _
 (This
is your Federal Employer ID number)

				
	Government Agency?	  		  		  	

  

											
	Print Name:	 	  
	  	Title:	  	  
	  	Date:	  	  

				
	Signature:	 	  
	  	Phone number:                  	  	  

  

 -1- 

 Intel/lntellon Confidential 
  
 EXHIBIT C 
 HomePlug IA Agreement 
 Confidential 
 AGREEMENT REGARDING HOMEPLUG POWERLINE ALLIANCE 
 This Agreement Regarding HomePlug Powerline Alliance is entered
effective as of June 10, 2005 between Intel Corporation (Intel) and Intellon Corporation (Intellon). 
 RECITALS 
 WHEREAS, Intel and Intellon have determined that a viable, effective, broadly-supported organization to promote an industry standard for powerline communications,
including in-home powerline communications and broadband connections to the home (“PLC Organization”) is beneficial to both parties; 
 WHEREAS, Intel and Intellon agree that the governing body or board of directors of such PLC Organization should consist of large, high-profile technology and service companies interested in setting industry standards for powerline
communications; 
 WHEREAS, as an additional inducement for Intel to purchase shares of Intellon’s Series B Convertible Preferred Stock (the
“Series B Stock”) for an aggregate purchase price of $1,000,000, Intellon and Intel have agreed to support and take certain steps to effect changes to the Homeplug Powerline Alliance, Inc. (“Homeplug IA”) to make its
governance structure more consistent with the goals described above; 
 NOW, THEREFORE, for and in consideration of the foregoing and of the mutual
representations, promises, terms, and conditions contained herein, receipt of which is hereby acknowledged, and intending to be bound, Intel and Intellon agree as follows: 
 TERMS OF AGREEMENT 
 1. HomePlug IA Agreements. 
 1.1. Homeplug IA Board and Membership Structure. Intellon and Intel will use their respective reasonable commercial efforts to effect the following
changes in the organization and governance of the Homeplug IA on or before August 19, 2005 and after the earlier of (i) the date that the HomePlug IA Board of Directors approves the final specification for HomePlug AV and
(ii) August 1, 2005: 
 a. Replace the existing membership structure of Sponsors, Participants and Adopters with a new membership
structure of members of the Board of Directors (“Directors”), Contributors, Participants and Adopters, with Directors being the only members entitled to voting rights as members or as members of any Board of Directors, provided that
(i) Directors may not be companies that develop and sell, or propose to develop and sell, standalone powerline communications integrated circuits, and (ii) Directors, Contributors, Participants and Adopters shall 

  

 -1- 

 Intel/lntellon Confidential 
  
 
have equal access to any HomePlug IA specification and shall have equal necessary claims licensing rights and obligations. Change the membership
classification of [*****], [*****] and Intellon to Contributor and effect the resignation of [*****] from the HomePlug IA Board of Directors. 
 b. Replace the existing Board of Directors with a new governance structure consisting of: (i) an overarching governing body (possibly called an Implementer’s Forum) having as its Board of Directors large, high-profile technology
and service companies interested in setting industry standards for powerline communications (the “New Board”), with new members of the Board being selected from among the Promoter members by a two-thirds vote of the New Board; and
(ii) multiple separate Promoters Groups, each established by and subservient to the New Board, whose Directors shall be appointed from among the Director members by a two-thirds vote of the New Board. Separate Promoters Groups shall exist for
each HomePlug 1.0, HomePlug AV, HomePlug BPL, and HomePlug Command & Control. The Implementers Forum will be responsible for managing compliance and certification of devices with HomePlug specifications, managing the financial resources of
the HomePlug IA, owning and protecting all HomePlug trademarks, managing industry marketing and training, and governing the creation of, and providing legal support to, the Promoters Groups. The Promoters Groups will be responsible for defining and
maintaining technical specifications and controlling the ownership and copyright of their respective specifications. 
 c. Establish
Comcast, Earthlink, Intel, RadioShack, Sharp and Sony as initial Directors of the Implementers Forum, seek to change Sony’s membership from a Sony subsidiary to the parent company, and seek to recruit and add additional members to the New Board
from among the following: Cisco, General Electric, HP, Liberty Media, Microsoft, Motorola, Philips and Samsung. 
 d. Establish Promoters
Groups for HomePlug 1.0, AV, HomePlug BPL and HomePlug C&C with the following members of their respective Boards of Directors: 
 (1) For the HomePlug 1.0 Promoters Group Board of Directors: establish Comcast, Earthlink, Intel, RadioShack, Sharp and Sony as the initial members and seek to recruit and add additional members from among the following: Cisco, General
Electric, HP, Liberty Media, Microsoft, Motorola, Philips and Samsung; 
 (2) For the HomePlug AV Promoters Group Board of
Directors: establish Comcast, Earthlink, Intel, RadioShack, Sharp and Sony as the initial members and seek to recruit and add additional members from among the following: Cisco, HP, Liberty Media, Microsoft, Motorola, Philips and Samsung;

 (3) For the HomePlug BPL Promoters Group Board of Directors: establish Comcast, Earthlink, Intel, RadioShack, Sharp and
Sony as the initial members and seek to recruit and add additional members from among the following: Cisco, Current Technologies, Microsoft, Motorola, Schneider and Thomson; 
 (4) For the HomePlug C&C Promoters Group Board of Directors: establish Comcast, Earthlink, Intel, RadioShack, Sharp and Sony as the
initial members and seek to recruit and add additional members from among the following: Cisco, General Electric, Microsoft, Motorola, Philips and Samsung. 
  

 -2- 

 Intel/lntellon Confidential 
  
 Intel and Intellon shall each have the right to seek to recruit such additional members of the Promoters Groups Boards of Directors as such
party may determine. 
 e. Establish Arkados, Conexant and Intellon as Contributors to the Promoters Groups for HomePlug 1.0, HomePlug AV
and HomePlug BPL. 
 f. To assist in an orderly transition, provide that any member of the existing HomePlug IA Board of Directors that
converts or is converted from Sponsor member to Contributor member as part of the HomePlug IA restructuring process shall have non-voting observer rights to attend and participate in, and to receive copies of all materials distributed in connection
with, all regular and special meetings of the New Board for a period of 120 days, and of the HomePlug 1.0 Promoters Group Board of Directors, the HomePlug AV Promoters Group Board of Directors and the HomePlug BPL Promoters Group Board of Directors
for a period of 180 days, following such member’s reclassification from Sponsor to Contributor. If the New Board or the Board of Directors of the applicable Promoters Group, as the case may be, determines in good faith that exclusion of such
Contributor representative or omission of the information to be provided to such Contributor’s representative is necessary in order to (i) preserve the attorney-client privilege (such determination in the case of this clause to be based on
the advice of counsel to the HomePlug IA) or (ii) fulfill the Homeplug IA’s obligations with respect to confidential of proprietary information of third parties or avoid a conflict of interest between the HomePlug IA and such Contributor,
then the New Board or the Board of Directors of the applicable Promoters Group shall have the right to exclude such Contributor’s representative from portions of meetings of the New Board or the Board of Directors of the applicable
Promoter’s Group in which such information is discussed, as applicable, or omit to provide the representative with certain information, in each case to the extent deemed necessary by the New Board or the Board of Directors of the applicable
Promoter’s Group; provided, however, that such Contributor’s representative shall not be so excluded and such information shall not be so omitted unless all other Contributors and other persons whose presence at a meeting or receipt of
such information could result in a loss of the attorney-client privilege or cause a conflict of interest, as the case may be, are also excluded and have such information omitted, as applicable. 
 g. To assist in an orderly transition, provide that the initial Chairs of the HomePlug IA Working Group, the HomePlug AV Specification Working Group and
the HomePlug BPL Working Group, immediately following the effectiveness of the new Board governance structure, shall be the Chairs holding such positions immediately before the effectiveness of such new Board governance structure and that no member
of the HomePlug IA Technical Working Group, the HomePlug AV Specification Working Group or the HomePlug BPL Working Group will be required to resign from such groups without its consent. It shall be the position of both Intellon and Intel that
Contributor members are eligible to serve as working group Chairs of the respective Promoters Groups. It is also understood that additional members may be appointed to such working groups. 
 1.2. Changes to form of HomePlug IA Agreements. Intellon will use their reasonable commercial efforts to change the Homeplug IA Sponsor’s
Agreement and, if applicable, any other HomePlug IA agreements as follows by August 1, 2005: 
  

 -3- 

 Intel/lntellon Confidential 
  
 a. removal of any requirement that members participate in a licensing association (also known as a “patent pool”)
in order to participate in working groups or task forces related to Homeplug AV or future specifications (e.g., Homeplug BPL, Homeplug C&C). 
 b. revision of the patent disclosure and warranty requirements to make them more reasonable and to more accurately reflect the intention of the members as follows: 
 (i) in section 3.3.2 of the Homeplug IA Sponsor’s Agreement, insert “Sponsor’s Alliance representative(s) are
actually aware that Sponsor” in place of the word “it” in each of the third line and the seventh line; 
 (ii)
in section 3.6 of the Homeplug IA Sponsor’s Agreement, insert “Sponsor’s Alliance representative(s) are actually aware” after the word “which” in the second line; and 
 (iii) in section 8.1 of the Homeplug IA Sponsor’s Agreement, insert “Sponsor’s Alliance representatives” in
place of “Sponsor” at the end of the section. 
 1.3. Support and Influence. Intellon agrees to use their reasonable
commercial efforts to gain the support of and to positively influence the members of the Homeplug IA Board of Directors to vote in favor of the changes proposed in Sections 1.1 and 1.2 hereof. As part of the HomePlug governance changes
contemplated by this Agreement, Intellon agrees to use its best efforts to convince [*****] and [*****] to resign from the HomePlug IA Board of Directors contemporaneously with Intellon’s resignation from such Board, with all such resignations
being effective – by no later than August 1, 2005, and to convince [*****] to resign as a member of the HomePlug IA Board of Directors at or prior to such date; provided that such efforts shall not require Intellon to (i) pay any
amount, (ii) transfer or license any intellectual property to, or enter into any other agreement with, any person other than (x) an agreement limited to implementing the changes described in this Agreement and (y) as already
prescribed in existing HomePlug agreements or (iii) concede any business to, or agree to compete less aggressively against, any person. 
 1.4. Membership and Publicity. Intel agrees to join the Board of Directors of the HomePlug IA (if nominated, or otherwise eligible), as well as the Board of Directors of the HomePlug AV Promoters Group (if nominated, or otherwise
eligible) after the Required Minimum Changes (defined below) have been made. Intellon understands that, unless Intel elects to waive such requirements in its sole discretion, Intel will not publicly announce that it has joined the Board of Directors
of the HomePlug IA or the New Board or any Promoters’ Groups, nor permit Intellon to announce that Intel has made an equity investment in Intellon, nor make a long-term commitment to join the Homeplug IA, until (i) all of the changes in
Section 1.2 above have been completed and (ii) the voting members of the HomePlug IA Board of Directors or the New Board, as applicable, do not include any of [*****], [*****], [*****], [*****] or Intellon (subsections (i) and
(ii) above collectively referred to as the “Required Minimum Changes’); provided, however, that if the Required Minimum Changes have not been met or waived by Intel by October 31, 2005 and Intel and Intellon before or after such
date have both joined together with other interested parties to form an Alternative IA (as defined in Section 6.1 of the main body of the TECHNOLOGY COLLABORATION AND LICENSE AGREEMENT), then Intel will permit Intellon to announce that Intel
has made an equity investment 

  

 -4- 

 Intel/lntellon Confidential 
  
 
in Intellon in accordance with Section 1.2 of the Confidentiality Side Letter Agreement entered into between Intellon Corporation and Intel Corporation,
signed coincident with the TECHNOLOGY COLLABORATION AND LICENSE AGREEMENT. 
 2. Intel and Intellon will advocate that the Bylaws for the
Implementers Forum and Promoters Groups shall provide that companies that develop and sell, or propose to develop and sell, standalone powerline communications integrated circuits (i) shall not be Directors of the Homeplug IA Implementers Forum
or Directors of any HomePlug IA Promoters Groups for which they develop and sell, or propose to develop and sell, standalone powerline communications integrated circuits at the initial organization of those boards; and (ii) shall not be
thereafter admitted as Directors of the Homeplug IA Implementers Forum or Directors of any HomePlug IA Promoters Groups for which they develop and sell, or propose to develop and sell, standalone powerline communications integrated circuits.

 In witness whereof, the parties have executed this Agreement effective as of June 10, 2005. 
  

									
	INTEL CORPORATION	 		  	INTELLON CORPORATION	  	
			
	  
	 		  	  

	Signature	 		  	Signature
			
	  
	 		  	  

	Printed Name	 		  	Printed Name
			
	  
	 		  	  

	Title	 		  	Title

  

 -5- 

 Intel/lntellon Confidential 
  
 EXHIBIT D 
 Material Parts 
  

 -1- 

 Exhibit D to Technology Collaboration and License Agreement 
 Material Parts of the AV Design 
 AV Design 

 The Material Parts of the Initial Design are shown below. If the Material Parts of a Subsequent Design to be delivered to Intel are different from the
Material Parts of the Initial Design, Intellon will deliver to Intel a list of the Material Parts of such Subsequent Design as soon as such information is available, or, if later, whenever Intel requests. 
 Intellon shall include the following notice at the top of all electronic (e.g., VHDL code) and printed material which constitutes a Material Part of Intellon’s
HomePlug AV Design: “This represents a Material Part of Intellon’s HomePlug AV Design. Use of this material is governed by the Technology Collaboration and License Agreement, which Intellon and Intel entered into on
June 10, 2005.” 
 MAC: 
 The INT6000IC MAC Software Architecture is [*****] 
 [*****] 
 List of abbreviations: 
 [*****] 
 PHY: 
 The Material Parts of [*****] are
indicated below in the shaded (red, if in color) blocks. The Material Parts of [*****], shown in the top level in a shaded (red, if in color) and white cross hatch pattern, are identified in the subsequent diagrams, which provide more detail of
these blocks. In those subsequent diagrams, the Material Parts of [*****] are indicated in the shaded (red, if in color) blocks. Additional information with respect to the Material Parts of [*****] is provided following the diagrams. 
 [*****] 
 [*****] 
 [*****] 
 [*****] 
 [*****] 
 [*****] 
  

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 1.1. PHY Top Level 
 [*****] 
 AFE Design 
 Intellon
will deliver to Intel a list of the Material Parts of any AFE Design as soon as such information is available, or, if later, whenever Intel requests. 
  

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