Document:

Seventh Amendment to License Agreement, dated August 27, 2009

 Exhibit 4.14 

CONFIDENTIAL TREATMENT 

SEVENTH AMENDMENT TO LICENSE AGREEMENT 

This Seventh Amendment to License Agreement (“Seventh Amendment”) is made effective as of August 27th, 2009 (the
“Seventh Amendment Effective Date”) by and between, as one party, Ceva Technologies Inc., having a place of business at 2033 Gateway Place, Suite 150, San Jose, CA 95110 and Ceva DSP Ltd., having a place of business 2 Maskit
Street, P.O.B. 2068, Herzelia 46120, Israel (collectively, “Ceva”) and Spreadtrum Communications, Inc., having a place of business at Ugland House, P.O.Box, Georgetown, Grand Cayman, Cayman Islands, British West Indies, on behalf of
itself and its wholly-owned subsidiaries, Spreadtrum Communications USA Inc., having a place of business at 5960 Cornerstone Court, Suite 200, San Diego, CA 92121, and Spreadtrum Communications (Shanghai) Co., Ltd., having a place of
business at Spreadtrum Center, Building No.1, Lane 2288, Zuchongzhi Road, Zhangjiang, Shanghai, China 201203 (collectively, “Licensee”). 

RECITALS 

WHEREAS, Licensee and DSP Group Inc. and DSP Group Ltd. (collectively, “DSPG”) entered into a License Agreement dated
September 30, 2001 (as subsequently amended, the “License Agreement”), pursuant to which DSPG has licensed to Licensee rights in the TeakLite core (hard macro version) and related technology for certain single uses. 

WHEREAS, Licensee and Ceva, the successor to DSPG’s core licensing business, amended the License Agreement by Amendment to License
Agreement dated June 12, 2003 (the “First Amendment”) to include the license to the Teak core (now named Ceva-TeakTM) to Licensee, and an option to the [***], by the Letter Amendment dated June 12, 2003 (the “Second
Amendment”) to include additional terms regarding Section 5.1 of the First Amendment, and by the Letter Amendment dated October 1, 2003 (the “Third Amendment”) to cancel the Second Amendment. 

WHEREAS, Licensee and Ceva further amended the License Agreement by another Amendment to the License Agreement dated
September 30, 2005 (the “Fourth Amendment”) to grant to Licensee rights in the Ceva-X1620 core and in the related Ceva-XS1200 subsystem, for certain single uses, under the terms set forth thereunder, and further amended the License
Agreement by another amendment dated February 1, 2006 (the “Fifth Amendment”) to grant to Licensee rights in the[***] in replacement to the rights granted for the Ceva-X1620 core. 

WHEREAS, Licensee and Ceva amended the License Agreement by another Amendment dated September 27, 2006 (the
“Sixth Amendment”), to grant to Licensee [***] license rights in the Ceva-TeakLiteTM core, the [***]
and the Ceva-TeakTM core (all in Ceva RTL soft versions), under the terms and conditions of the License
Agreement as amended by the Sixth Amendment (hereinafter, the “[***]”). 
 WHEREAS, Ceva, has recently identified
[***] to Ceva under [***] of the License Agreement in relation to [***] (i.e., [***] and [***]) (“hereinafter: [***]”); and 
  

 FOIA confidential treatment requested: [***] indicates that certain information contained herein
has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to such omitted portions. 

 CONFIDENTIAL TREATMENT REQUEST 

 

 WHEREAS, Ceva has approached Licensee seeking the [***] it had identified; and

 WHEREAS, Licensee has [***] the parties have engaged in good faith discussions to reach an amicable resolution for the
matter, and 
 WHEREAS, the parties have reached an agreement to [***] under the License Agreement, which were under
development, developed, manufactured, marketed, and or sold up until [***] and also to grant to Licensee a [***] license rights in the [***] and the related [***] and thus to [***] the license rights for [***] licensed to Licensee under this License
Agreement [***] license rights, so as to [***], all as set forth in this Seventh Amendment; and 
 NOW, THEREFORE, the parties
are entering into this Seventh Amendment, for the consideration described below and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, and agree as follows: 

AGREEMENT 
  

	1.	Continuation of Provisions of License Agreement. 

  

	1.1.	Except as expressly set forth hereunder, all other terms and conditions of the License Agreement and its amendments, shall remain in force and effect. In the event of
any inconsistency or conflict between this Seventh Amendment and the License Agreement, the terms and conditions of the Seventh Amendment shall govern and control. 

 

	2.	[***]. 

  

	2.1.	Following the execution of this Seventh Amendment and subject to the terms of the License Agreement and this Seventh Amendment and to the full payment by Licensee of
the License Fee for the [***] set forth below in Section 4.1 of this Seventh Amendment, Ceva shall [***] it has or potentially have for [***] (including but not limited to [***], [***] and any [***]) due under [***] of the License Agreement for
any and all Licensee’s [***] under the License Agreement (i.e. [***]), which were under development, developed, manufactured, marketed and/or sold prior to [***] and any [***], [***] or [***] between the parties regarding [***].

  

	3.	Amendment. 

  

	3.1.	The term “Core Product” (currently defined in Section 1.5 of the License Agreement) shall be replaced with the following definition:

 “Core Product” means any integrated circuit device designed, manufactured or marketed by or for
Licensee that (a) combines one or more Compliant Core(s) (i.e., currently any of the [***], [***], [***], and [***]) with application-specific or user-specific circuitry that adds a substantial and significant amount of value and
functionality to such Compliant Core(s).” 
  

 FOIA confidential treatment requested: [***] indicates that certain information contained herein
has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to such omitted portions. 

 CONFIDENTIAL TREATMENT REQUEST 

 

	3.2.	Sections [***], [***] and [***] of the License Agreement shall be deleted and consequently Licensee shall no longer be obligated to [***] (except for [***] under [***]
of the License Agreement) in any form to Ceva for the [***] of any and all [***]. 

  

	3.3.	The term “[***]” shall mean any integrated circuit device designed, manufactured or marketed by or for Licensee that (a) combines one or more [***] and
if applicable the [***] with application-specific or user-specific circuitry that adds a substantial and significant amount of value and functionality to such [***]. 

 

	3.4.	[***] for the [***] and the related [***]. Subject to the terms and conditions of the License Agreement and this Seventh Amendment and to the full payment of the
[***] License Fees set forth in Section 4.1 below, Ceva hereby grants to Licensee, effective as of [***], a personal, nonexclusive, nontransferable, license for [***] to (hereinafter, the “[***]”): 

 

	 	(a)	make changes to the [***] for the [***] and the [***], provided that the [***] (as defined in the License Agreement); 

 

	 	(b)	incorporate the [***] for the [***] and if applicable the [***] and any changes made thereto pursuant to subsection (a) above, into Licensee’s [***] for
[***]; 

  

	 	(c)	import, manufacture in [***] and have manufactured such [***]; 

  

	 	(d)	offer for sale, sell and otherwise distribute [***], provided that prior to selling or distributing any such [***], Licensee shall verify that [***] contained in such
[***] is [***] (as defined in the License Agreement). 

  

	3.5.	Term. Notwithstanding any of the terms and conditions of the License Agreement (including its amendments), the term of the License Agreement as amended by this
Seventh Amendment and the licenses granted for all [***] (i.e., currently the [***], [***], [***], and [***]) under the License Agreement and this Seventh Amendment, will be four (4) years commencing on this Seventh Amendment Effective Date,
unless terminated earlier in accordance with Section 13 of the License Agreement. Thereafter the term of the License Agreement as amended by this Seventh Amendment will renew automatically for additional one (1) year terms unless either
party delivers to the other party written notice of its intention not to renew at least thirty (30) days prior to the initial or any renewal term. For avoidance of doubt the terms of Section 13.3 shall apply in the event of such
termination. Subject to the full payment by Licensee of the License Fee for the [***] set forth in Section 4.1 of this Seventh Amendment, the parties’ rights and obligations under [***] of this Seventh Amendment will [***].

  

	3.6.	[***]. Section [***] of the License Agreement shall be deleted and consequently Licensee shall no longer be obligated to [***]. 

 

 FOIA confidential treatment requested: [***] indicates that certain information contained herein
has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to such omitted portions. 

 CONFIDENTIAL TREATMENT REQUEST 

 

	4.	Payment to Ceva. 

  

	4.1.	License Fee for the [***]. Licensee will pay Ceva a [***] license fee of [***] for the [***] granted to Licensee in this Seventh Amendment. Such license fee
shall be due on [***] and payable [***] as follows: 

  

	 	•	[***] 

  

	 	•	[***] 

  

	 	•	[***] 

  

	 	•	[***] 

 Total: [***] 

 

	5.	General. 

  

	5.1.	Authorization. Each party represents and warrants that it possesses the right and capacity to enter into this Seventh Amendment. Each party represents and
warrants to the other party that this Seventh Amendment has been duly authorized, executed and delivered by it and constitutes its valid and legally binding agreement with respect to the subject matter contained herein. 

 

	5.2.	Complete Agreement. The License Agreement, as amended by this Seventh Amendment constitutes the complete and exclusive statement of the agreement between the
parties and supersedes all prior and contemporaneous proposals and understandings, oral and written, relating to the subject matter contained therein. 

IN WITNESS THEREOF, the parties have executed this Seventh Amendment by their duly authorized representatives. 

 

					
	Spreadtrum Communications, Inc.	  		 	Ceva Technologies, Inc.
			
	 /s/ Leo Li
	  		 	 /s/ Gideon Wertheizer

	Name Leo Li	  		 	Name Gideon Wertheizer
	 CEO
	  		 	 CEO

	Title	  		 	Title
			
		  		 	Ceva DSP Ltd.
			
		  		 	 /s/ Gideon Wertheizer

		  		 	Name Gideon Wertheizer
		  		 	 CEO

		  		 	Title

  

 FOIA confidential treatment requested: [***] indicates that certain information contained herein
has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to such omitted portions.Form of Restricted Stock Unit Agreement

 Exhibit 10.30 

RSU Grant No. [YEAR]-[No.] 

PAREXEL INTERNATIONAL CORPORATION 

2007 STOCK INCENTIVE PLAN 

RESTRICTED STOCK UNIT AGREEMENT 

AGREEMENT made between PAREXEL International Corporation, a Massachusetts corporation (the “Company”), and
                                        
(“you”). 
 For valuable consideration, receipt of which is acknowledged, the Company and you agree as
follows: 
  

	 	1.	Grant of RSUs. 

 On
            , 201   (the “Date of Grant”) and subject to the terms and conditions set forth in this Agreement and in the Company’s 2007
Stock Incentive Plan, as amended (the “Plan”), the Company has granted you Restricted Stock Units (“RSUs”) providing you with the right to receive
[            ] shares of common stock (“Common Stock”), $.01 par value, of the Company (the “Shares”). 

 

	 	2.	Vesting and Forfeiture. 

(a) While you remain employed by, or engaged to provide services to, the Company, the RSUs will vest as set forth on Schedule I. The date
upon which each installment vests will be considered a “Vesting Date” for the portion of the RSUs vesting on that date. Any fractional Shares vested as of a particular date will be rounded down and carried forward to the next
Vesting Date until a whole Share can be issued. 
 (b) Absent any contrary provision in the Plan or any other applicable
agreement between you and the Company (for example, employment agreements, severance agreements or change-in-control agreements), if you cease to be employed by the Company for any reason or no reason (other than death or disability as described in
Section 2(c) below), you will immediately and automatically forfeit all rights to any of your RSUs that have Vesting Dates after the date your employment ends. 

(c) The Vesting Date for all unvested RSUs will be accelerated, if applicable, to the earliest of: 

(i) Your death; 

(ii) Your “Disability” (within the meaning of Treasury Regulation Section 1.409A-3(g)(4) or any successor
regulation); and 

 (iii) As required pursuant to any applicable agreement between you and the Company (for
example, employment agreements, severance agreements or change-in-control agreements). 
  

	 	3.	Issuance of Shares. 

Subject to the terms and conditions of this Agreement (including any Withholding Tax obligations), as soon as
practicable after a Vesting Date, the Company shall issue one or more certificates representing the newly vested Shares to you or your estate, or, as directed by you, a brokerage account. The Company must, in any event, issue the applicable Shares
no later than the later of (i) December 31 of the calendar year in which an applicable Vesting Date occurs and (ii) the fifteenth day of the third calendar month following the Vesting Date. Subject to the previous sentence and the
other terms of this Agreement and the Plan, the delivery date shall be in the sole and absolute discretion of the Company. Notwithstanding the foregoing, and solely to the extent necessary to avoid the penalty provisions under Section 409A of
the Internal Revenue Code of 1986, as amended (“Section 409A”), if the Vesting Date occurs because of your termination of employment and if the Company determines that you are a “specified employee” as defined under
Section 409A, then the distribution of newly vested Shares shall be delayed until the earlier of (i) the date that is six months plus one day after the date of termination and (ii) the
10th day after your date of death. Until the Vesting Date,
you will have no rights to any Shares or any rights associated with such Shares, including without limitation dividend or voting rights. 
  

	 	4.	Acceleration/ Deferral. 

(a) Acceleration. In no event may the Company deliver the Shares to you earlier than an applicable Vesting Date, except as the Plan
may otherwise provide; provided, however, that in no case shall the delivery of Shares be accelerated to a date earlier than the Vesting Date unless such acceleration is permitted or required by Section 409A. 

(b) Deferral. In no event may the Company or you defer the delivery of the Shares beyond the date specified in Section 3 of
this Agreement, unless such deferral is permitted or required by Section 409A. 
  

	 	5.	Transferability. 

 The
RSUs and shares they represent may not be sold, assigned, transferred, pledged, hypothecated or otherwise disposed of (whether by operation of law or otherwise) (collectively, a “transfer”), except that this Agreement may be
transferred by the laws of descent and distribution or as otherwise permitted under the Plan. You may only transfer the Shares that may be issued pursuant to this Agreement following a Vesting Date that covers them. 

 

	 	6.	Withholding Taxes. 

 (a)
You acknowledge that you have reviewed with your own tax advisors the federal, state, local and foreign tax consequences of this investment and the actions contemplated by this Agreement. You affirm that you are relying solely on such advisors and
not on any statements or representations of the Company or any of its agents. 
  

 - 2 - 

 (b) The Company’s obligation to deliver Shares to you upon or after the vesting of the
RSUs shall be subject to your satisfaction of all income tax (including federal, state and local taxes), social insurance, payroll tax, payment on account or other tax related withholding requirements (“Withholding Taxes”).

 (c) You acknowledge and agree that the Company has the right to deduct from payments of any kind otherwise due to you any
Withholding Taxes to be withheld with respect to the actions contemplated by this Agreement. You must make appropriate arrangements to pay any required Withholding Taxes, which may include payment through payroll withholding, by check, or through
arranging for the delivery of proceeds from the sale on the market of enough Shares to satisfy the Withholding Taxes. You must execute Exhibit A to designate the manner in which you will satisfy the Withholding Taxes. You may choose to execute
Exhibit B to provide a method for satisfying the Withholding Taxes. If you elect not to execute Exhibit B, the Company may require you to execute other instruments establishing how you will satisfy the Withholding Taxes. 

 

	 	7.	Securities Laws. 

Notwithstanding any other provision of the Plan or this Agreement, the Company will not be required to issue, and you may not sell,
assign, transfer or otherwise dispose of, any shares of Common Stock received as payment of the RSUs, unless (a) there is in effect with respect to the shares of Common Stock received as payment of the RSUs a registration statement under the
Securities Act of 1933, as amended, and any applicable state or foreign securities laws or an exemption from such registration, and (b) there has been obtained any other consent, approval or permit from any other regulatory body that the
Compensation Committee (the “Committee”) of the Company’s Board of Directors, in its sole discretion, deems necessary or advisable. The Company may condition such issuance, sale or transfer upon the receipt of any
representations or agreements from the parties involved, and the placement of any legends on certificates representing Common Stock received as payment of the RSUs, as may be deemed necessary or advisable by the Company to comply with such
securities law or other restrictions. 
  

	 	8.	Provisions of the Plan. 

(a) This Agreement is subject to the provisions of the Plan, a copy of which is furnished to you with this Agreement. Any capitalized
terms used in this Agreement but not defined in the Agreement shall have the same meaning as in the Plan. 
 (b) (1)
Notwithstanding the foregoing, in connection with a Reorganization Event (as defined in the Plan), the Board may take any one or more of the following actions as to all or any (or any portion of) this Award on such terms as the Board determines
(except to the extent specifically provided otherwise in another agreement between you and the Company): (A) provide that the Award shall be assumed, or a substantially equivalent Award shall be substituted, by the acquiring or succeeding
corporation (or an affiliate thereof), (B) upon written notice to you, provide that all of the unvested portion of your Award 

 

 - 3 - 

 
will terminate immediately prior to the consummation of such Reorganization Event, (C) provide that the Award shall become become fully vested and that the Shares shall become deliverable,
in whole or in part prior to or upon such Reorganization Event, (D) in the event of a Reorganization Event under the terms of which holders of Common Stock will receive upon consummation thereof a cash payment for each share surrendered in the
Reorganization Event (the “Acquisition Price”), make or provide for a cash payment to you with respect to the Award equal to (I) the number of shares of Common Stock subject to the vested portion of the Award (after
giving effect to any acceleration of vesting that occurs upon or immediately prior to such Reorganization Event) multiplied by (II) the Acquisition Price, less any applicable Withholding Taxes, in exchange for the termination of such Award,
(E) provide that, in connection with a liquidation or dissolution of the Company, the Award shall convert into the right to receive liquidation proceeds (if applicable, net of any applicable Withholding Taxes) and (F) any combination of
the foregoing. In taking any of the actions permitted under this Section 8(b)(1), and except to the extent otherwise provided in another agreement between you and the Company, the Board shall not be obligated by the Plan to treat all Awards,
all Awards held by you, or all Awards of the same type, identically. 
 (2) Notwithstanding the terms of Section 8(b)(1),
in the case of outstanding Restricted Stock Units that are subject to Section 409A of the Code: (A) if the applicable Restricted Stock Unit agreement or another agreement between you and the Company provides that the Restricted Stock Units
shall be settled upon a “change in control event” within the meaning of Treasury Regulation Section 1.409A-3(i)(5)(i), and the Reorganization Event constitutes such a “change in control event”, then no assumption or
substitution shall be permitted pursuant to Section 8(b)(1)(A) and the Restricted Stock Units shall instead be settled in accordance with the terms of the applicable Restricted Stock Unit or other agreement; and (B) the Board may only
undertake the actions set forth in clauses (C), (D) or (E) of Section 8(b)(1) if the Reorganization Event constitutes a “change in control event” as defined under Treasury Regulation Section 1.409A-3(i)(5)(i) and such
action is permitted or required by Section 409A of the Code; if the Reorganization Event is not a “change in control event” as so defined or such action is not permitted or required by Section 409A of the Code, and the acquiring
or succeeding corporation does not assume or substitute the Restricted Stock Units pursuant to clause (A) of Section 8(b)(1), then the unvested Restricted Stock Units shall terminate immediately prior to the consummation of the
Reorganization Event without any payment in exchange therefor. 
 (3) For purposes of Section 8(b)(1)(A), the Award shall
be considered assumed if, following consummation of the Reorganization Event, such Award confers the right to purchase or receive pursuant to the terms of such Award, for each share of Common Stock subject to the Award immediately prior to the
consummation of the Reorganization Event, the consideration (whether cash, securities or other property) received as a result of the Reorganization Event by holders of Common Stock for each share of Common Stock held immediately prior to the
consummation of the Reorganization Event (and if holders were offered a choice of consideration, the type of consideration chosen by the holders of a majority of the outstanding shares of Common Stock); provided, however, that if the
consideration received as a result of the Reorganization Event is not solely common stock of the acquiring or succeeding corporation (or an affiliate thereof), the Company may, with the consent of the acquiring or succeeding corporation, provide for
the consideration to be received upon the exercise or settlement of the Award to consist solely of such number of shares of common stock of the 

 

 - 4 - 

 
acquiring or succeeding corporation (or an affiliate thereof) that the Board determined to be equivalent in value (as of the date of such determination or another date specified by the Board) to
the per share consideration received by holders of outstanding shares of Common Stock as a result of the Reorganization Event. 
  

	 	9.	Miscellaneous. 

 (a)
Section 409A. This Agreement is intended to be exempt from or to comply with the requirements of Section 409A and shall be construed consistently therewith. In any event, the Company makes no representations or warranty and will
have no liability to you or any other person, other than with respect to payments made by the Company in violation of the provisions of this Agreement, if any provisions of or payments under this Agreement are determined to constitute deferred
compensation subject to Code Section 409A but not to satisfy the conditions of that section. 
 (b) Unsecured
Creditor. This Agreement shall create a contractual obligation on the part of Company to make payment of the RSUs credited to your account at the time provided for in this Agreement. Neither you nor any other party claiming an interest in the
RSUs or related stock hereunder shall have any interest whatsoever in any specific assets of the Company. Your right to receive payments hereunder shall be that of an unsecured general creditor of Company. 

(c) Severability. The invalidity or unenforceability of any provision of this Agreement shall not affect the validity or
enforceability of any other provision of this Agreement, and each other provision of this Agreement shall be severable and enforceable to the extent permitted by law. 

(d) Waiver. Any provision for the benefit of the Company contained in this Agreement may be waived, either generally or in any
particular instance, by the Board of Directors of the Company or the Committee. 
 (e) Binding Effect. This Agreement
shall be binding upon and inure to the benefit of the Company and you and its and your respective heirs, executors, administrators, legal representatives, successors and assigns, subject to the restrictions on transfer set forth in Section 5 of
this Agreement. 
 (f) Notice. All notices required or permitted hereunder shall be in writing and deemed effectively
given upon personal delivery or five calendar days after deposit in the United States Post Office, by registered or certified mail, postage prepaid, addressed to the other party hereto at, for the Company, its primary business address (attention
Director of Human Resources) and, for you, at your home address as reflected in the records of the Company, or at such other address or addresses as either party shall designate to the other in accordance with this Section 9(f). 

(g) Entire Agreement. This Agreement and the Plan constitute the entire agreement between the parties, and supersede all prior
agreements and understandings, relating to the subject matter of this Agreement. 
  

 - 5 - 

 (h) Governing Law. This Agreement shall be construed, interpreted and enforced in
accordance with the internal laws of the Commonwealth of Massachusetts without regard to any applicable conflicts of laws. 

(i) Electronic Delivery. The Company may, in its sole discretion, decide to deliver any documents related to participation in the
Plan or awards granted under the Plan by electronic means or to request your consent to participate in the Plan by electronic means. You hereby consent to receive such documents by electronic delivery and, if requested, to agree to participate in
the Plan through an on-line or electronic system established and maintained by the Company or another third party designated by the Company. 

(j) Your Acknowledgments. You acknowledge that you: (i) have read this Agreement; (ii) have been represented in the
preparation, negotiation and execution of this Agreement by legal counsel of your own choice or have voluntarily declined to seek such counsel; (iii) understand the terms and consequences of this Agreement; (iv) are fully aware of the
legal and binding effect of this Agreement; and (v) understand that the law firm of Wilmer Cutler Pickering Hale and Dorr LLP is acting as counsel to the Company in connection with the actions contemplated by the Agreement, and is not acting as
counsel for you. 
  

 - 6 - 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement. 

 

											
		 		 		 		 	PAREXEL INTERNATIONAL CORPORATION
						
		 	 Date:
	 	  
	 		 	By:	 	  

		 		 		 		 		 	Name:
		 		 		 		 		 	Title:

 PARTICIPANT’S ACCEPTANCE

 I hereby accept the foregoing grant and agree to the terms and conditions thereof and acknowledge receipt of a copy of the
Company’s 2007 Stock Incentive Plan, as amended. 
  

			
	PARTICIPANT
	
	  

		
	Print Name:	 	  

		
	Date:	 	  

 

 - 7 - 

 Schedule I 

 

 - 8 - 

 Exhibit A 

Election 

 ̈    I elect to pay the Company any Withholding Taxes by cash or check (and I
acknowledge that the Company may also need to withhold some or all of the Withholding Taxes from cash due to me with respect to salary or wages). 

 ̈    I elect to use the Standing Order set forth on Exhibit B. 

 

									
	Date:	 	  
	 		 	By:	 	  

		 		 		 		 	[Name of Participant]

  

 - 9 - 

 Exhibit B 

Standing Order 

 ̈    I elect to pay the Company by cash or check up to
$             in Withholding Taxes in connection with each and every Vesting Date or later distribution of Shares (as defined below) and to have the remainder, if any, of the
Withholding Taxes (the “Remaining Withholding”) satisfied by applying proceeds from a market sale of Company securities issuable as a result of such Vesting Date as set forth below. 

or 

 ̈    I elect to satisfy any Withholding Taxes in connection with each and every
Vesting Date or later distribution of Shares satisfied by applying proceeds from a market sale of Company securities issuable as a result of such Vesting Date as set forth below. 

I acknowledge that if the Standing Order (as defined below) cannot satisfy the Withholding Taxes or the Remaining Withholding, the
Company will be able to require me to satisfy the taxes in some other manner. 
 To satisfy the Withholding Taxes or the
Remaining Withholding, as elected above, due at the Vesting Date or later distribution of the related Shares, I agree to the following: 

1. I am executing this Irrevocable Standing Order to Sell Shares (the “Standing Order”), to authorize the Company
and [NAME OF BROKER] (or such other broker the Company designates) (the “Broker”) to take the actions described in this Paragraph 1. I authorize the Company to transfer the Shares to the Broker to an account for my benefit
(the “Brokerage Account”), and I irrevocably authorize the Broker to sell, at the market price and on such date I receive the Shares (or, if all or a portion of the sale cannot be completed on such date because of
insufficient demand or a market disruption, then on the next following business day on which the sale can be made) the number of Shares necessary to obtain proceeds sufficient to satisfy the amount of the Withholding Taxes or the Remaining
Withholding indicated by the Company to the Broker. I understand and agree that the number of Shares that the Broker will sell will be based on the Company’s estimate (or Broker’s estimate if it provides such service) of the Shares
required to satisfy the Withholding Taxes or the Remaining Withholding, using the closing price of the Common Stock on the Vesting Date. I agree to execute and deliver such documents, instruments and certificates as may reasonably be required in
connection with the sale of the Shares pursuant to this Standing Order. 
 2. I agree that the proceeds received from the sale
of Shares pursuant to Paragraph 1 will be used to satisfy the Withholding Taxes or Remaining Withholding and, accordingly, I hereby authorize the Broker to pay such proceeds to the Company for such purpose. I understand that, to the extent that the
proceeds obtained by such sale exceed the amount necessary to satisfy the Withholding Taxes or Remaining Withholding, such excess proceeds shall be deposited into the Brokerage Account and, if a shortfall occurs, the Broker may sell additional
Shares or the Company may require cash from me for withholdings. I further understand that any remaining Shares will be deposited into the Brokerage Account. 
  

 - 10 - 

 3. I have reviewed with my own tax advisors the federal, state, local and foreign tax
consequences of this grant and the actions contemplated by the Agreement and this Standing Order. I am relying solely on such advisors and not on any statements or representations of the Company or any of its agents. I understand that I (and not the
Company) will be responsible for my own tax liability that may arise as a result of this grant or the actions contemplated by this Agreement. 

4. I represent to the Company that, as of the date hereof, I am not aware of any material nonpublic information about the Company or the
Common Stock. The Company and I have structured this Agreement to comply with the affirmative defense to liability under Section 10(b) of the Securities Exchange Act of 1934 under Rule 10b5-1(c) issued under such Act. 

IN WITNESS WHEREOF, the parties hereto have executed this Standing Order as of the last date indicated below. 

 

											
		 		 		 	PAREXEL International Corporation
						
		 	Date:	 	  
	 		 	By:	 	  

		 		 		 		 		 	Name:
		 		 		 		 		 	Title:
						
		 	Date:	 	  
	 		 	By:	 	  

		 		 		 		 	[Name of Participant]

  

 - 11 -

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