Document:

Offer Letter - Daniel Goehl

 Exhibit 10.9 
  

					
	

	 		 	 2900 Gordon , Suite 203. Santa Clara, CA 95054

Phone (408) 720-8482, Fax (408) 720-8738

www.InvenSense.com

 October 28, 2004

 Dear Dan Goehl 
 This letter Will
formally set forth our offer of employment with InvenSense, Inc. (the “Company”), and shall supersede all other verbal and written offers. We are pleased to offer you the position of Director of Business Development As such, you will be
responsible along with the rest of the Company’s team for the development of the Company’s product and contribute towards its commercialization. More specifically, you will be responsible for the following tasks and duties: 

 

	 	1.	To quickly establish working relationship with all the major DVC/DCS camera manufacturers in Japan to position the InvenSense as the leading edge manufacturer of gyroscope
products for the Image Stabilization applications. 

	 	2.	To identify the best distributor channels and negotiate the best agreement with them to represent our product in Japan, Korea, and other places. 

	 	3.	To identify the most probable DVC/DSC Company that we can establish as our primary technology partner and secure the first design win. 

	 	4.	Perform in depth competitive analysis and pricing study to help establishing our market selling price. 

	 	5.	Prepare a product business presentation for development of a motion-sense module unit targeting handset manufacturers. 

	 	6.	To provide a complete product definition and specification for a motion-sense module unit 

	 	7.	Define and coordinate the tasks to establish key reference designs for sells and marketing to handset manufacturers. 

	 	8.	Other tasks and duties as from time to time are assigned. 

Initially, you will be reporting to Steve Nasiri. 

Your base salary will be $120,000 per annum, plus benefits, and any bonuses will be payable in accordance with the Company’s standard payroll
and benefit policies. Also you will earn addition incentive bonus upon the first design wine of the product into a DSC/DVC market and securing a firm purchase agreement for deliveries in CY05, as follow; 

1-   If accomplished in Q1-05, $15,000 

2-   If accomplished in Q2-05, $10,000 

Pending approval of the Board of Directors and upon your acceptance of the employment offer set forth in this letter, you will
be recommended, for approval at our next Board of Directors’ Meeting, stock option grants for One hundred Thousand, (100,000) shares at price per share of $0.05, the current fair market value of the share of the Company’s Common
Stock. These shares shall be vested over a four-year period at the rate of 25% of the shares after completion of the first twelve months of service and
1/48th per month thereafter, and are accordance to company’s standard
ESOP. 
  

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	 	2900 Gordon. Suite 203. Santa Clara, CA 95054
	 	Phone (408) 720-6482, Fax (408) 720 - 8738
	 	www.lnvenSense.com

 Like all of the other employees of the
Company your employment by the Company will constitute an “at will” employment and can be terminated at any time upon reasonable advance notice by either yourself or the Company management This offer will be contingent upon your acceptance
of the company’s Employee Proprietary Information Agreement, and MNDA. Also, you must establish your identity and authorization to work as required by the Immigration Reform and Control Act of 1986 (IRCA). Enclosed is a copy of the Employment
Verification Form (1-9), with instructions required by IRCA. Please review this document and bring the appropriate original documentation on your first day of work. 

Unless this offer is signed and accepted it will expire on Monday November 1st, 2004 at 6:00 PM. 

If the foregoing correctly reflects our understanding please sign where indicated below. We are very pleased and excited about your acceptance of
our offer of employment I believe you can add a lot of value to the company and I am looking forward to our working together. 
  

	
	 Very Truly Yours,

	 INVENSENSE, INC.

	
	 /s/ Steve Nasiri

	 Steve Nasiri, President & CEO

 

	
	 Accepted

	
	
/s/ Dan Goehl                  
                       11/01/04

	
	 Start Date: No latter than November 15, 2004

 

 2Offer Letter - Ram Krishnan

 Exhibit 10.10 

 
 April 5, 2007 
 Ram
Krishnan 
 [ADDRESS] 
 Dear Ram 

      This letter will formally set forth our offer of employment with lnvenSense, Inc. (the “Company”),
and shall supersede all other verbal and written offers. We are pleased to offer you the position of Vice President of Operations reporting to Steve Nasiri, company CEO. As such, you will be responsible along with the rest of the Company’s team
for the successful execution of the Company’s business plan. More specifically, you will be responsible for the following tasks and duties: 
  

	 	1.    	Establish a world class fables MEMS operations capable of shipping high volume production and increase capacity and achieve the desired yields, 

	 	2.    	Develop long term strategies for our high volume needs that can satisfy our aggressive growth and low cost strategy. Including plans to transition to 8” MEMS & CMOS
foundries that can provide correct balance of cost and stability. 

	 	3.    	Establish strong supply chain with second source capabilities to ensure continuing supply and most competitive prices. 

	 	4.    	Implement the sound operation infrastructures that can rival the world-class operations and support our demanding OEM customers, 

	 	a.    	MRP/ERP system for production control and material planning. 

	 	b.    	Generate daily and weekly operational reports showing progress, shipments, and operations performance matrix. 

	 	c.    	Establish company’s quality and reliability system in par with our market/customer requirements, 

	 	d.    	Develop sound and practical procedures for transitioning new products to volume productions, 

	 	5.    	Assess companies sales forecast and customers need for the next 12 to 24 month and develop a sound operations plan and strategy that can meet this growing need and cost pressure,

	 	6.    	Assist in the overall company’s strategic planning and product roadmap that can ensure a continuing competitive growth, 

	 	7.    	Perform other duties and tasks that may be assigned from time to time. 

      Your base salary will be One Hundred and Eighty Thousand dollars ($180,000) per annum. Upon becoming a full
time employee of the company, your base salary, benefits, and any bonuses will be payable in accordance with the Company’s standard payroll and benefit policies. In addition you will be compensated base on the following schedule: 

 

	 	1.    	You will receive Fifty Thousand dollars ($50,000) compensation tied to your annual performance and milestone achievements to be agreed upon during the first 30 day of your
employment with the company. 

       Pending approval of the Board of Directors and upon your
acceptance of the employment offer set forth in this letter, you will be recommended for standard employee stock option plan of Company Common Stock to be approved at our next Board of Directors’ Meeting at price per share to be then

  

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determined by the board as the current fair market value share price of the Company’s Common Stock, last price was set at $0.43 per share. 

The stock option Grant shall be for One Hundred Seventy Five Thousand, (175,000) shares to be vested over a four-year period at the rate of
25% of the shares after completion of the first twelve months of service and 1/48 per month thereafter. Additional 50,000 shares shall be granted to you based on your full time and continuous employment with company according to the following
schedule, Twenty Five Thousand (25,000) on the completion of your third year anniversary, and the balance on the completion of your fourth year anniversary. These stock option grants are in accordance to company’s approved ESOP plan
grants. 
 These stock option grants will accelerate based on the following conditions: 

The Company is acquired and the new acquiring company will terminated you without cause, under this condition, If it occurs within 1 year of your grant date, your
options will vest based on 1148 per each month of employment plus an accelerate vesting of 3 months. If this occurs after 1 year of your grant date, your options will accelerate vest by 3 months. 

Like all of the other employees of the Company your employment by the Company will constitute an “at will” employment and can be
terminated at any time upon notice by either yourself or the Company management. This offer will be contingent upon your acceptance of the company’s Employee Proprietary Information Agreement. Also, you must establish your identity and
authorization to work as required by the Immigration Reform and Control Act of 1986 (IRCA). Enclosed is a copy of the Employment Verification Form (1-9), with instructions required by IRCA. Please review this document and bring the appropriate
original documentation on your first day of work. 
 Your start date must be
April 9th or sooner if mutually agreed. 

This offer will expire on
April 6th, 2007 at 6:00 PM 

If the foregoing correctly reflects our understanding please sign where indicated below. We are very pleased and excited about your acceptance of
our offer of employment. We believe you can add a lot of value to the company and we are looking forward to our working relationship. 
  

	
	Very Truly Yours,
	INVENSENSE, INC.
	
	 /s/ Steve Nasiri

	Steve Nasiri, President & CEO
	

  

			
	 /s/ Ram . Krishnan

	 Accepted

	
	 4/6/07

	 Date
	 	
		
	Start Date:	 	     4/9/07

		 	

  

 2Offer Letter - Joseph Jiang

 Exhibit 10.11 

 

 

 June 9, 2007 
 To: Joseph Jiang

 Dear Joseph 
 This letter will formally
set forth our offer of employment with InvenSense, Inc. (the “Company”), and shall supersede all other verbal and written offers. We are pleased to offer you the position of Vice President of Marketing reporting initially to Steve Nasiri,
the Company CEO. As such, you will be responsible along with the rest of the Company’s team for the successful execution of the Company’s business plan. More specifically, you will be responsible for the following tasks and duties:

  

	 	1.	General area of responsibilities will be, but not limited to, the following; 

	 	a.	Identifying market opportunities 

	 	b.	Sizing potential revenues, costs, and risks 

	 	c.	Prioritizing opportunities and delivering product line roadmap 

	 	d.	Translating market opportunities into detail market and product requirements 

	 	e.	Project management of product through its lifecycle including partnering with the leadership team to set revenue, margin, and cash flow targets, then deliver/exceed plan

	 	f.	Identify critical partners and lead related business development activities, as required 

	 	g.	Partner with sales teams and customers to close business 

	 	2.	Lead the development of the company’s brand/market positioning efforts including website, collateral, public relations, analyst, and related activities.

	 	3.	Following are list of specific short term tasks that you will be working on; 

	 	a.	Driving the motion sensor (MPU/IAG) product definition and marketing strategy 

	 	  i.	Finalizing the product specifications and validating them with key customers 

	 	 ii.	Identifying key customers for developing beta site testing and validation 

	 	iii.	Driving product development and technology road map 

	 	iv.	Identifying list of key partners and application developer for driving the product to market faster 

	 	4.	Managing and strengthening application engineering and development towards solutions and reference design for Optical Image Stabilization, Electronic Image Stabilization, Motion
Sensing, gesture Command, and LBS. 

	 	5.	Assisting with establishing the Taiwan Hub for the operation and customer support. 

	 	6.	Perform other duties and tasks that may be assigned from time to time. 

Your base salary will be One Hundred and Forty Thousand dollars ($140,000) per annum plus performance bonus as stated below. 

	 	1.	 Fifty Thousand dollars ($50,000) base for the performance bonuses with deliverables to be agreed upon during the first 30 days of your employment. Payment will
be made after your 1st anniversary; to qualify you must be employed 

  

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full time and in good standing. The bonus matrix will be according to the company’s employee bonus plan. 

Upon becoming a full time employee of the company, your base salary, and benefits, will be payable in accordance with the Company’s standard payroll and
benefit policies. 
 Pending approval of the Board of Directors and upon your acceptance of the employment offer set
forth in this letter, you will be recommended for standard employee stock option plan of Company Common Stock to be approved at our next Board of Directors’ Meeting at price per share to be then determined by the board as the current fair
market value share price of the Company’s Common Stock, last price was set at $0.32 per share. The stock option Grant shall be for Two Hundred Thousand shares, (200,000). These shares shall be vested over a four-year period at the rate of 25%
of the shares after completion of the first twelve months of service and
1/48th per month thereafter, and are accordance to company’s approved
ESOP plan grants. 
 Like all of the other employees of the Company your employment by the Company will constitute an “at will”
employment and can be terminated at any time upon notice by either yourself or the Company management. This offer will be contingent upon your acceptance of the company’s Employee Proprietary Information Agreement. Also, you must establish your
identity and authorization to work as required by the Immigration Reform and Control Act of 1986 (IRCA). Enclosed is a copy of the Employment Verification Form (1-9), with instructions required by IRCA. Please review this document and bring the
appropriate original documentation on your first day of work. 
 We would like you to start on or sooner, if mutually agreeable, than
June 18th, 2007. 

This offer will expire on June 12th, 2007 at 6:00PM. 

If the foregoing correctly reflects our understanding please sign where indicated below. We are very pleased and excited about your acceptance of
our offer of employment We believe you can add a lot of value to the company and we are looking forward to our working together. 
  

	
	Very Truly Yours,
	INVENSENSE, INC.
	
	 /s/ Steve Nasiri

	Steve Nasiri, President & CEO

  

	
	Accepted
	
	 /s/ Joseph Jiang

	          Date              6-11-07

			
		
	Start Date:	 	
              6-12-07

 

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