Document:

Inphi Corporation 2010 Stock Incentive Plan

 Exhibit 10.2 
 INPHI CORPORATION 
 2010 STOCK INCENTIVE PLAN 

(Adopted by the Board of Directors on June 7, 2010 
 and amended and restated by the 
 Board on February 22, 2011) 

 Table of Contents 

 

							
	 	 	 	  	Page	 
	 SECTION 1.
	 	 ESTABLISHMENT AND PURPOSE.
	  	 	1	  
			
	 SECTION 2.
	 	 DEFINITIONS.
	  	 	1	  
			
	 (a)  
	 	 “Affiliate”
	  	 	1	  
			
	 (b)  
	 	 “Award”
	  	 	1	  
			
	 (c)  
	 	 “Board of Directors”
	  	 	1	  
			
	 (d)  
	 	 “Change in Control”
	  	 	1	  
			
	 (e)  
	 	 “Code”
	  	 	2	  
			
	 (f)  
	 	 “Committee”
	  	 	2	  
			
	 (g)  
	 	 “Company”
	  	 	2	  
			
	 (h)  
	 	 “Consultant”
	  	 	3	  
			
	 (i)  
	 	 “Employee”
	  	 	3	  
			
	 (j)  
	 	 “Exchange Act”
	  	 	3	  
			
	 (k)  
	 	 “Exercise Price”
	  	 	3	  
			
	 (l)  
	 	 “Fair Market Value”
	  	 	3	  
			
	 (m)  
	 	 “ISO”
	  	 	3	  
			
	 (n)  
	 	 “Nonstatutory Option” or “NSO”
	  	 	3	  
			
	 (o)  
	 	 “Offeree”
	  	 	3	  
			
	 (p)  
	 	 “Option”
	  	 	4	  
			
	 (q)  
	 	 “Optionee”
	  	 	4	  
			
	 (r)  
	 	 “Outside Director”
	  	 	4	  
			
	 (s)  
	 	 “Parent”
	  	 	4	  
			
	 (t)  
	 	 “Participant”
	  	 	4	  
			
	 (u)  
	 	 “Plan”
	  	 	4	  
			
	 (v)  
	 	 “Purchase Price”
	  	 	4	  
			
	 (w)  
	 	 “Restricted Share”
	  	 	4	  
			
	 (x)  
	 	 “Restricted Share Agreement”
	  	 	4	  
			
	 (y)  
	 	 “SAR”
	  	 	4	  
			
	 (z)  
	 	 “SAR Agreement”
	  	 	4	  
			
	 (aa)
	 	 “Service”
	  	 	4	  
			
	 (bb)
	 	 “Share”
	  	 	4	  
			
	 (cc)
	 	 “Stock”
	  	 	5	  
			
	 (dd)
	 	 “Stock Option Agreement”
	  	 	5	  
			
	 (ee)
	 	 “Stock Unit”
	  	 	5	  

  
 - i -

							
	 (ff)
	 	“Stock Unit Agreement”	  	 	5	  
			
	 (gg)
	 	“Subsidiary”	  	 	5	  
			
	 (hh)
	 	“Total and Permanent Disability”	  	 	5	  
			
	 SECTION 3.
	 	ADMINISTRATION.	  	 	5	  
			
	 (a)  
	 	Committee Composition	  	 	5	  
			
	 (b)  
	 	Committee for Non-Officer Grants	  	 	5	  
			
	 (c)  
	 	Committee Procedures	  	 	5	  
			
	 (d)  
	 	Committee Responsibilities	  	 	6	  
			
	 SECTION 4.
	 	ELIGIBILITY.	  	 	7	  
			
	 (a)  
	 	General Rule	  	 	7	  
			
	 (b)  
	 	Automatic Grants to Outside Directors	  	 	7	  
			
	 (c)  
	 	Ten-Percent Stockholders	  	 	8	  
			
	 (d)  
	 	Attribution Rules	  	 	8	  
			
	 (e)  
	 	Outstanding Stock	  	 	8	  
			
	 SECTION 5.
	 	STOCK SUBJECT TO PLAN.	  	 	9	  
			
	 (a)  
	 	Basic Limitation	  	 	9	  
			
	 (b)  
	 	Section 162(m) Award Limitation	  	 	9	  
			
	 (c)  
	 	Additional Shares	  	 	9	  
			
	 SECTION 6.
	 	RESTRICTED SHARES.	  	 	9	  
			
	 (a)  
	 	Restricted Stock Agreement	  	 	10	  
			
	 (b)  
	 	Payment for Awards	  	 	10	  
			
	 (c)  
	 	Vesting	  	 	10	  
			
	 (d)  
	 	Voting and Dividend Rights	  	 	10	  
			
	 (e)  
	 	Restrictions on Transfer of Shares	  	 	10	  
			
	 SECTION 7.
	 	TERMS AND CONDITIONS OF OPTIONS.	  	 	10	  
			
	 (a)  
	 	Stock Option Agreement	  	 	10	  
			
	 (b)  
	 	Number of Shares	  	 	10	  
			
	 (c)  
	 	Exercise Price	  	 	10	  
			
	 (d)  
	 	Withholding Taxes	  	 	11	  
			
	 (e)  
	 	Exercisability and Term	  	 	11	  
			
	 (f)  
	 	Exercise of Options	  	 	11	  
			
	 (g)  
	 	Effect of Change in Control	  	 	11	  
			
	 (h)  
	 	No Rights as a Stockholder	  	 	11	  
			
	 (i)  
	 	Modification, Extension and Renewal of Options	  	 	11	  
			
	 (j)  
	 	Restrictions on Transfer of Shares	  	 	12	  
			
	 (k)  
	 	Buyout Provisions	  	 	12	  

  
 - ii -

							
			
	 SECTION 8.
	 	PAYMENT FOR SHARES.	  	 	12	  
			
	 (a)  
	 	General Rule	  	 	12	  
			
	 (b)  
	 	Surrender of Stock	  	 	12	  
			
	 (c)  
	 	Services Rendered	  	 	12	  
			
	 (d)  
	 	Cashless Exercise	  	 	12	  
			
	 (e)  
	 	Exercise/Pledge	  	 	12	  
			
	 (f)  
	 	Promissory Note	  	 	13	  
			
	 (g)  
	 	Other Forms of Payment	  	 	13	  
			
	 (h)  
	 	Limitations under Applicable Law	  	 	13	  
			
	 SECTION 9.
	 	STOCK APPRECIATION RIGHTS.	  	 	13	  
			
	 (a)  
	 	SAR Agreement	  	 	13	  
			
	 (b)  
	 	Number of Shares	  	 	13	  
			
	 (c)  
	 	Exercise Price	  	 	13	  
			
	 (d)  
	 	Exercisability and Term	  	 	13	  
			
	 (e)  
	 	Effect of Change in Control	  	 	13	  
			
	 (f)  
	 	Exercise of SARs	  	 	14	  
			
	 (g)  
	 	Modification or Assumption of SARs	  	 	14	  
			
	 (h)  
	 	Buyout Provisions	  	 	14	  
			
	 SECTION 10.
	 	STOCK UNITS.	  	 	14	  
			
	 (a)  
	 	Stock Unit Agreement	  	 	14	  
			
	 (b)  
	 	Payment for Awards	  	 	14	  
			
	 (c)  
	 	Vesting Conditions	  	 	14	  
			
	 (d)  
	 	Voting and Dividend Rights	  	 	14	  
			
	 (e)  
	 	Form and Time of Settlement of Stock Units	  	 	15	  
			
	 (f)  
	 	Death of Recipient	  	 	15	  
			
	 (g)  
	 	Creditors’ Rights	  	 	15	  
			
	 SECTION 11.
	 	ADJUSTMENT OF SHARES.	  	 	15	  
			
	 (a)  
	 	Adjustments	  	 	15	  
			
	 (b)  
	 	Dissolution or Liquidation	  	 	16	  
			
	 (c)  
	 	Reorganizations	  	 	16	  
			
	 (d)  
	 	Reservation of Rights	  	 	16	  
			
	 SECTION 12.
	 	DEFERRAL OF AWARDS.	  	 	16	  
			
	 (a)  
	 	Committee Powers	  	 	16	  
			
	 (b)  
	 	General Rules	  	 	17	  
			
	 SECTION 13.
	 	AWARDS UNDER OTHER PLANS.	  	 	17	  
			
	 SECTION 14.
	 	PAYMENT OF DIRECTOR’S FEES IN SECURITIES.	  	 	17	  
			
	 (a)  
	 	Effective Date	  	 	17	  
			
	 (b)  
	 	Elections to Receive NSOs, Restricted Shares or Stock Units	  	 	17	  
			
	 (c)  
	 	Number and Terms of NSOs, Restricted Shares or Stock Units	  	 	17	  

  
 - iii -

							
			
	 SECTION 15.
	 	LEGAL AND REGULATORY REQUIREMENTS.	  	 	17	  
			
	 SECTION 16.
	 	WITHHOLDING TAXES.	  	 	18	  
			
	 (a)  
	 	General	  	 	18	  
			
	 (b)  
	 	Share Withholding	  	 	18	  
			
	 SECTION 17.
	 	OTHER PROVISIONS APPLICABLE TO AWARDS.	  	 	18	  
			
	 (a)  
	 	Transferability	  	 	18	  
			
	 (b)  
	 	Substitution and Assumption of Awards	  	 	19	  
			
	 (c)  
	 	Qualifying Performance Criteria	  	 	19	  
			
	 SECTION 18.
	 	NO EMPLOYMENT RIGHTS.	  	 	20	  
			
	 SECTION 19.
	 	DURATION AND AMENDMENTS.	  	 	20	  
			
	 (a)  
	 	Term of the Plan	  	 	20	  
			
	 (b)  
	 	Right to Amend or Terminate the Plan	  	 	20	  
			
	 (c)  
	 	Effect of Termination	  	 	20	  
			
	 SECTION 20.
	 	EXECUTION.	  	 	21	  

  
 - iv -

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 (as amended and restated on February 22, 2011) 
 SECTION 1. ESTABLISHMENT AND PURPOSE.

 The Plan was adopted by the Board of Directors on June 7, 2010, and shall be effective immediately prior to the
closing of the initial offering of Stock to the public pursuant to a registration statement filed by the Company with the Securities and Exchange Commission (the “Effective Date”). The Plan was amended and restated on February 22, 2011.
The purpose of the Plan is to promote the long-term success of the Company and the creation of stockholder value by (a) encouraging Employees, Outside Directors and Consultants to focus on critical long-range objectives, (b) encouraging
the attraction and retention of Employees, Outside Directors and Consultants with exceptional qualifications and (c) linking Employees, Outside Directors and Consultants directly to stockholder interests through increased stock ownership. The
Plan seeks to achieve this purpose by providing for Awards in the form of restricted shares, stock units, options (which may constitute incentive stock options or nonstatutory stock options) or stock appreciation rights. 

SECTION 2. DEFINITIONS. 

(a) “Affiliate” shall mean any entity other than a Subsidiary, if the Company and/or one or more Subsidiaries own not
less than 50% of such entity. 
 (b) “Award” shall mean any award of an Option, a SAR, a Restricted Share or a
Stock Unit under the Plan. 
 (c) “Board of Directors” shall mean the Board of Directors of the Company, as
constituted from time to time. 
 (d) “Change in Control” shall mean the occurrence of any of the following
events: 
  

	 	(i)	A change in the composition of the Board of Directors occurs, as a result of which fewer than one-half of the incumbent directors are directors who either:

 (A) Had been directors of the Company on the “look-back date” (as defined below) (the
“original directors”); or 
 (B) Were elected, or nominated for election, to the Board of Directors
with the affirmative votes of at least a majority of the aggregate of the original directors who were still in office at the time of the election or nomination and the directors whose election or nomination was previously so approved (the
“continuing directors”); or 
  

	 	(ii)	 Any “person” (as defined below) who by the acquisition or aggregation of securities, is or becomes the “beneficial owner” (as
defined in Rule 13d-3 under the Exchange Act), directly or indirectly, of securities of the 

  
 - 1 -

	 	 
Company representing 50% or more of the combined voting power of the Company’s then outstanding securities ordinarily (and apart from rights accruing under special circumstances) having the
right to vote at elections of directors (the “Base Capital Stock”); except that any change in the relative beneficial ownership of the Company’s securities by any person resulting solely from a reduction in the aggregate number of
outstanding shares of Base Capital Stock, and any decrease thereafter in such person’s ownership of securities, shall be disregarded until such person increases in any manner, directly or indirectly, such person’s beneficial ownership of
any securities of the Company; or 

  

	 	(iii)	The consummation of a merger or consolidation of the Company with or into another entity or any other corporate reorganization, if persons who were not stockholders of
the Company immediately prior to such merger, consolidation or other reorganization own immediately after such merger, consolidation or other reorganization 50% or more of the voting power of the outstanding securities of each of (A) the
continuing or surviving entity and (B) any direct or indirect parent corporation of such continuing or surviving entity; or 

  

	 	(iv)	The sale, transfer or other disposition of all or substantially all of the Company’s assets. 

For purposes of subsection (d)(i) above, the term “look-back” date shall mean the later of (1) the Effective Date or
(2) the date 24 months prior to the date of the event that may constitute a Change in Control. 
 For purposes of
subsection (d)(ii)) above, the term “person” shall have the same meaning as when used in Sections 13(d) and 14(d) of the Exchange Act but shall exclude (1) a trustee or other fiduciary holding securities under an employee benefit plan
maintained by the Company or a Parent or Subsidiary and (2) a corporation owned directly or indirectly by the stockholders of the Company in substantially the same proportions as their ownership of the Stock. 

Any other provision of this Section 2(d) notwithstanding, a transaction shall not constitute a Change in Control if its sole purpose
is to change the state of the Company’s incorporation or to create a holding company that will be owned in substantially the same proportions by the persons who held the Company’s securities immediately before such transaction, and a
Change in Control shall not be deemed to occur if the Company files a registration statement with the United States Securities and Exchange Commission for the initial offering of Stock to the public. 

(e) “Code” shall mean the Internal Revenue Code of 1986, as amended. 

(f) “Committee” shall mean the Compensation Committee as designated by the Board of Directors, which is authorized to
administer the Plan, as described in Section 3 hereof. 
 (g) “Company” shall mean Inphi Corporation, a
Delaware corporation. 

  
 - 2 -

 (h) “Consultant” shall mean a consultant or advisor who provides
bona fide services to the Company, a Parent, a Subsidiary or an Affiliate as an independent contractor (not including service as a member of the Board of Directors) or a member of the board of directors of a Parent or a Subsidiary, in each case who
is not an Employee. 
 (i) “Employee” shall mean any individual who is a common-law employee of the
Company, a Parent, a Subsidiary or an Affiliate. 
 (j) “Exchange Act” shall mean the Securities
Exchange Act of 1934, as amended. 
 (k) “Exercise Price” shall mean, in the case of an Option, the
amount for which one Share may be purchased upon exercise of such Option, as specified in the applicable Stock Option Agreement. “Exercise Price,” in the case of a SAR, shall mean an amount, as specified in the applicable SAR Agreement,
which is subtracted from the Fair Market Value of one Share in determining the amount payable upon exercise of such SAR. 

(l) “Fair Market Value” with respect to a Share, shall mean the market price of one Share, determined by the
Committee as follows: 
  

	 	(i)	If the Stock was traded over-the-counter on the date in question, then the Fair Market Value shall be equal to the last transaction price quoted for such date by the
OTC Bulletin Board or, if not so quoted, shall be equal to the mean between the last reported representative bid and asked prices quoted for such date by the principal automated inter-dealer quotation system on which the Stock is quoted or, if the
Stock is not quoted on any such system, by the Pink Quote system; 

  

	 	(ii)	If the Stock was traded on any established stock exchange (such as the New York Stock Exchange, The Nasdaq Global Market or The Nasdaq Global Select Market) or national
market system on the date in question, then the Fair Market Value shall be equal to the closing price reported for such date by the applicable exchange or system; and 

 

	 	(iii)	If none of the foregoing provisions is applicable, then the Fair Market Value shall be determined by the Committee in good faith on such basis as it deems appropriate.

 In all cases, the determination of Fair Market Value by the Committee shall be conclusive and binding on all persons.

 (m) “ISO” shall mean an employee incentive stock option described in Section 422 of the Code.

 (n) “Nonstatutory Option” or “NSO” shall mean an employee stock option that is not an ISO.

 (o) “Offeree” shall mean an individual to whom the Committee has offered the right to acquire Shares
under the Plan (other than upon exercise of an Option). 

  
 - 3 -

 (p) “Option” shall mean an ISO or Nonstatutory Option granted under the
Plan and entitling the holder to purchase Shares. 
 (q) “Optionee” shall mean an individual or estate who
holds an Option or SAR. 
 (r) “Outside Director” shall mean a member of the Board of Directors who is not a
common-law employee of, or paid consultant to, the Company, a Parent or a Subsidiary. 
 (s) “Parent” shall
mean any corporation (other than the Company) in an unbroken chain of corporations ending with the Company, if each of the corporations other than the Company owns stock possessing 50% or more of the total combined voting power of all classes of
stock in one of the other corporations in such chain. A corporation that attains the status of a Parent on a date after the adoption of the Plan shall be a Parent commencing as of such date. 

(t) “Participant” shall mean an individual or estate who holds an Award. 

(u) “Plan” shall mean this 2010 Stock Incentive Plan of Inphi Corporation, as amended from time to time. 

(v) “Purchase Price” shall mean the consideration for which one Share may be acquired under the Plan (other than upon
exercise of an Option), as specified by the Committee. 
 (w) “Restricted Share” shall mean a Share awarded
under the Plan. 
 (x) “Restricted Share Agreement” shall mean the agreement between the Company and the
recipient of a Restricted Share which contains the terms, conditions and restrictions pertaining to such Restricted Shares. 

(y) “SAR” shall mean a stock appreciation right granted under the Plan. 

(z) “SAR Agreement” shall mean the agreement between the Company and an Optionee which contains the terms, conditions
and restrictions pertaining to his or her SAR. 
 (aa) “Service” shall mean service as an Employee, Consultant
or Outside Director, subject to such further limitations as may be set forth in the Plan or the applicable Stock Option Agreement, SAR Agreement, Restricted Share Agreement or Stock Unit Agreement. Service does not terminate when an Employee goes on
a bona fide leave of absence, that was approved by the Company in writing, if the terms of the leave provide for continued Service crediting, or when continued Service crediting is required by applicable law. However, for purposes of determining
whether an Option is entitled to ISO status, an Employee’s employment will be treated as terminating three months after such Employee went on leave, unless such Employee’s right to return to active work is guaranteed by law or by a
contract. Service terminates in any event when the approved leave ends, unless such Employee immediately returns to active work. The Company determines which leaves of absence count toward Service, and when Service terminates for all purposes under
the Plan. 
 (bb) “Share” shall mean one share of Stock, as adjusted in accordance with Section 11 (if
applicable). 

  
 - 4 -

 (cc) “Stock” shall mean the Common Stock of the Company. 

(dd) “Stock Option Agreement” shall mean the agreement between the Company and an Optionee that contains the terms,
conditions and restrictions pertaining to such Option. 
 (ee) “Stock Unit” shall mean a bookkeeping entry
representing the Company’s obligation to deliver one Share (or distribute cash) on a future date in accordance with the provisions of a Stock Unit Agreement. 
 (ff) “Stock Unit Agreement” shall mean the agreement between the Company and the recipient of a Stock Unit which contains the terms, conditions and restrictions pertaining to such Stock
Unit. 
 (gg) “Subsidiary” shall mean any corporation, if the Company and/or one or more other Subsidiaries own
not less than 50% of the total combined voting power of all classes of outstanding stock of such corporation. A corporation that attains the status of a Subsidiary on a date after the adoption of the Plan shall be considered a Subsidiary commencing
as of such date. 
 (hh) “Total and Permanent Disability” shall mean any permanent and total disability as
defined by section 22(e)(3) of the Code. 
 SECTION 3. ADMINISTRATION. 

(a) Committee Composition. The Plan shall be administered by the Board or a Committee appointed by the Board. The Committee shall
consist of two or more directors of the Company. In addition, to the extent required by the Board, the composition of the Committee shall satisfy (i) such requirements as the Securities and Exchange Commission may establish for administrators
acting under plans intended to qualify for exemption under Rule 16b-3 (or its successor) under the Exchange Act; and (ii) such requirements as the Internal Revenue Service may establish for outside directors acting under plans intended to
qualify for exemption under Section 162(m)(4)(C) of the Code. 
 (b) Committee for Non-Officer Grants. The Board may
also appoint one or more separate committees of the Board, each composed of one or more directors of the Company who need not satisfy the requirements of Section 3(a), who may administer the Plan with respect to Employees who are not considered
officers or directors of the Company under Section 16 of the Exchange Act, may grant Awards under the Plan to such Employees and may determine all terms of such grants. Within the limitations of the preceding sentence, any reference in the Plan
to the Committee shall include such committee or committees appointed pursuant to the preceding sentence. To the extent permitted by applicable laws, the Board of Directors may also authorize one or more officers of the Company to designate
Employees, other than officers under Section 16 of the Exchange Act, to receive Awards and/or to determine the number of such Awards to be received by such persons; provided, however, that the Board of Directors shall specify the total number
of Awards that such officers may so award. 
 (c) Committee Procedures. The Board of Directors shall designate one of the
members of the Committee as chairman. The Committee may hold meetings at such times and 

  
 - 5 -

 
places as it shall determine. The acts of a majority of the Committee members present at meetings at which a quorum exists, or acts reduced to or approved in writing (including via email) by all
Committee members, shall be valid acts of the Committee. 
 (d) Committee Responsibilities. Subject to the provisions of
the Plan, the Committee shall have full authority and discretion to take the following actions: 
  

	 	(i)	To interpret the Plan and to apply its provisions; 

  

	 	(ii)	To adopt, amend or rescind rules, procedures and forms relating to the Plan; 

 

	 	(iii)	To adopt, amend or terminate sub-plans established for the purpose of satisfying applicable foreign laws including qualifying for preferred tax treatment under
applicable foreign tax laws; 

  

	 	(iv)	To authorize any person to execute, on behalf of the Company, any instrument required to carry out the purposes of the Plan; 

 

	 	(v)	To determine when Awards are to be granted under the Plan; 

  

	 	(vi)	To select the Offerees and Optionees; 

  

	 	(vii)	To determine the number of Shares to be made subject to each Award; 

  

	 	(viii)	To prescribe the terms and conditions of each Award, including (without limitation) the Exercise Price and Purchase Price, and the vesting or duration of the Award
(including accelerating the vesting of Awards, either at the time of the Award or thereafter, without the consent of the Participant), to determine whether an Option is to be classified as an ISO or as a Nonstatutory Option, and to specify the
provisions of the agreement relating to such Award; 

  

	 	(ix)	To amend any outstanding Award agreement, subject to applicable legal restrictions and to the consent of the Participant if the Participant’s rights or obligations
would be materially impaired; 

  

	 	(x)	To prescribe the consideration for the grant of each Award or other right under the Plan and to determine the sufficiency of such consideration;

  

	 	(xi)	To determine the disposition of each Award or other right under the Plan in the event of a Participant’s divorce or dissolution of marriage;

  

	 	(xii)	To determine whether Awards under the Plan will be granted in replacement of other grants under an incentive or other compensation plan of an acquired business;

  
 - 6 -

	 	(xiii)	To correct any defect, supply any omission, or reconcile any inconsistency in the Plan or any Award agreement; 

 

	 	(xiv)	To establish or verify the extent of satisfaction of any performance goals or other conditions applicable to the grant, issuance, exercisability, vesting and/or ability
to retain any Award; and 

  

	 	(xv)	To take any other actions deemed necessary or advisable for the administration of the Plan. 

 Subject to the requirements of applicable law, the Committee may designate persons other than members of the Committee to carry out its responsibilities and may prescribe such conditions and limitations
as it may deem appropriate, except that the Committee may not delegate its authority with regard to the selection for participation of or the granting of Options or other rights under the Plan to persons subject to Section 16 of the Exchange
Act. All decisions, interpretations and other actions of the Committee shall be final and binding on all Offerees, all Optionees, and all persons deriving their rights from an Offeree or Optionee. No member of the Committee shall be liable for any
action that he has taken or has failed to take in good faith with respect to the Plan, any Option, or any right to acquire Shares under the Plan. 
 SECTION 4. ELIGIBILITY. 
 (a) General Rule. Only common-law employees
of the Company, a Parent or a Subsidiary shall be eligible for the grant of ISOs. Only Employees, Consultants and Outside Directors shall be eligible for the grant of Restricted Shares, Stock Units, Nonstatutory Options or SARs. 

(b) Automatic Grants to Outside Directors 
  

	 	(i)	Each Outside Director who first joins the Board of Directors on or after the Effective Date, and who was not previously an Employee, shall receive a grant of Stock
Units with respect to a number of Shares having an aggregate fair market value equal to $160,000 calculated on the date of grant, on the date of his or her election to the Board of Directors. The Stock Units granted under this Section 4(b)(i)
shall vest annually over a 4-year period beginning on the day which is one year after the date of grant, at an annual rate of 25% of the total number of Stock Units subject to such Award. Notwithstanding the foregoing, each such Option shall become
vested if a Change in Control occurs with respect to the Company during such Outside Director’s Service. 

  

	 	(ii)	 On the first business day following the conclusion of each regular annual meeting of the Company’s stockholders, commencing with the annual
meeting occurring after the Effective Date, each Outside Director who was not elected to the Board for the first time at such meeting and who will 

  
 - 7 -

	 	 
continue serving as a member of the Board of Directors thereafter shall receive a grant of Stock Units with respect to a number of Shares having an aggregate fair market value equal to $80,000
calculated on the date of grant, provided that such Outside Director has served on the Board of Directors for at least six months. Each Stock Unit granted under this Section 4(b)(ii) shall become fully vested on the first anniversary of the
date of grant; provided, however, that each such Option shall become exercisable in full immediately prior to the next regular annual meeting of the Company’s stockholders following such date of grant in the event such meeting occurs prior to
such first anniversary date. Notwithstanding the foregoing, each Stock Unit granted under this Section 4(b)(ii) shall become vested if a Change in Control occurs with respect to the Company during such Outside Director’s Service.

 (c) Ten-Percent Stockholders. An Employee who owns more than 10% of the total combined voting power
of all classes of outstanding stock of the Company, a Parent or Subsidiary shall not be eligible for the grant of an ISO unless such grant satisfies the requirements of Section 422(c)(5) of the Code. 

(d) Attribution Rules. For purposes of Section 4(c) above, in determining stock ownership, an Employee shall be deemed to own
the stock owned, directly or indirectly, by or for such Employee’s brothers, sisters, spouse, ancestors and lineal descendants. Stock owned, directly or indirectly, by or for a corporation, partnership, estate or trust shall be deemed to be
owned proportionately by or for its stockholders, partners or beneficiaries. 
 (e) Outstanding Stock. For purposes of
Section 4(c) above, “outstanding stock” shall include all stock actually issued and outstanding immediately after the grant. “Outstanding stock” shall not include shares authorized for issuance under outstanding options held
by the Employee or by any other person. 

  
 - 8 -

 SECTION 5. STOCK SUBJECT TO PLAN. 

(a) Basic Limitation. Shares offered under the Plan shall be authorized but unissued Shares or treasury Shares. The aggregate
number of Shares authorized for issuance as Awards under the Plan shall not exceed 2,000,000 Shares, plus (x) any Shares subject to outstanding options or forfeiture restrictions under the Company’s 2000 Stock Option/Stock Issuance Plan
(the “Predecessor Plan”) on the effective date of this Plan that are subsequently forfeited or terminated for any reason before being exercised and any reserved shares not issued or subject to outstanding grants under the Predecessor Plan
on the effective date of this Plan, such number of additional Shares not to exceed an aggregate of 1,000,000 Shares, and (y) an annual increase on the first day of each fiscal year beginning in 2011 and ending in 2020, in an amount equal to the
lesser of (i) 3,000,000 Shares, (ii) 5% of the outstanding Shares on the last day of the immediately preceding year or (iii) an amount determined by the Board. No more than 10,000,000 Shares may be delivered in the aggregate pursuant
to the exercise of ISOs granted under the Plan plus, to the extent allowable under Section 422 of the Code and the Treasury Regulations promulgated thereunder, any Shares that become available for issuance under the Plan pursuant to
Section 5(c). The limitations of this Section 5(a) shall be subject to adjustment pursuant to Section 11. The number of Shares that are subject to Options or other Awards outstanding at any time under the Plan shall not exceed the
number of Shares which then remain available for issuance under the Plan. The Company shall at all times reserve and keep available sufficient Shares to satisfy the requirements of the Plan. 

(b) Section 162(m) Award Limitation. Notwithstanding any contrary provisions of the Plan, and subject to the provisions of
Section 11, no Participant may receive Options, SARs, Restricted Shares or Stock Units under the Plan in any calendar year that relate to an aggregate of more than 3,000,000 Shares, and no more than two times this amount in the first year of
employment, and the maximum aggregate amount of cash that may be paid to any Participant during any calendar year with respect to Awards payable in cash shall be $2,000,000. 
 (c) Additional Shares. If Restricted Shares or Shares issued upon the exercise of Options are forfeited, then such Shares shall again become available for Awards under the Plan. If Stock Units,
Options or SARs are forfeited or terminate for any reason before being exercised or settled, or an Award is settled in cash without the delivery of Shares to the holder, then any Shares subject to the Award shall again become available for Awards
under the Plan. Only the number of Shares (if any) actually issued in settlement of Awards shall reduce the number available in Section 5(a) and the balance shall again become available for Awards under the Plan. Any Shares withheld to satisfy
the grant or exercise price or tax withholding obligation pursuant to any Award shall again become available for Awards under the Plan. Notwithstanding the foregoing provisions of this Section 5(c), Shares that have actually been issued shall
not again become available for Awards under the Plan, except for Shares that are forfeited and do not become vested. 
 SECTION 6. RESTRICTED
SHARES. 
 (a) Restricted Stock Agreement. Each grant of Restricted Shares under the Plan shall be evidenced by a
Restricted Stock Agreement between the recipient and the Company. Such Restricted Shares shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The provisions of the
various Restricted Stock Agreements entered into under the Plan need not be identical. 

  
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 (b) Payment for Awards. Restricted Shares may be sold or awarded under the Plan for
such consideration as the Committee may determine, including (without limitation) cash, cash equivalents, full-recourse promissory notes, past services and future services. 
 (c) Vesting. Each Award of Restricted Shares may or may not be subject to vesting. Vesting shall occur, in full or in installments, upon satisfaction of the conditions specified in the Restricted
Stock Agreement. A Restricted Stock Agreement may provide for accelerated vesting in the event of the Participant’s death, disability or retirement or other events. The Committee may determine, at the time of granting Restricted Shares of
thereafter, that all or part of such Restricted Shares shall become vested in the event that a Change in Control occurs with respect to the Company. 
 (d) Voting and Dividend Rights. The holders of Restricted Shares awarded under the Plan shall have the same voting, dividend and other rights as the Company’s other stockholders. A Restricted
Stock Agreement, however, may require that the holders of Restricted Shares invest any cash dividends received in additional Restricted Shares. Such additional Restricted Shares shall be subject to the same conditions and restrictions as the Award
with respect to which the dividends were paid. 
 (e) Restrictions on Transfer of Shares. Restricted Shares shall be
subject to such rights of repurchase, rights of first refusal or other restrictions as the Committee may determine. Such restrictions shall be set forth in the applicable Restricted Stock Agreement and shall apply in addition to any general
restrictions that may apply to all holders of Shares. 
 SECTION 7. TERMS AND CONDITIONS OF OPTIONS. 

(a) Stock Option Agreement. Each grant of an Option under the Plan shall be evidenced by a Stock Option Agreement between the
Optionee and the Company. Such Option shall be subject to all applicable terms and conditions of the Plan and may be subject to any other terms and conditions which are not inconsistent with the Plan and which the Committee deems appropriate for
inclusion in a Stock Option Agreement. The Stock Option Agreement shall specify whether the Option is an ISO or an NSO. The provisions of the various Stock Option Agreements entered into under the Plan need not be identical. 

(b) Number of Shares. Each Stock Option Agreement shall specify the number of Shares that are subject to the Option and shall
provide for the adjustment of such number in accordance with Section 11. 
 (c) Exercise Price. Each Stock Option
Agreement shall specify the Exercise Price. The Exercise Price of an ISO shall not be less than 100% of the Fair Market Value of a Share on the date of grant, except as otherwise provided in 4(c), and the Exercise Price of an NSO shall not be less
100% of the Fair Market Value of a Share on the date of grant. Notwithstanding the foregoing, Options may be granted with an Exercise Price of less than 100% of the Fair Market Value per Share on the date of grant pursuant to a transaction described
in, and in a manner consistent with, Section 424(a) of the Code. Subject to the foregoing in this Section 7(c), the Exercise Price under any Option shall be determined by the Committee in its sole discretion. The Exercise Price shall be
payable in one of the forms described in Section 8. 

  
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 (d) Withholding Taxes. As a condition to the exercise of an Option, the
Optionee shall make such arrangements as the Committee may require for the satisfaction of any federal, state, local or foreign withholding tax obligations that may arise in connection with such exercise. The Optionee shall also make such
arrangements as the Committee may require for the satisfaction of any federal, state, local or foreign withholding tax obligations that may arise in connection with the disposition of Shares acquired by exercising an Option. 

(e) Exercisability and Term. Each Stock Option Agreement shall specify the date when all or any installment of the Option
is to become exercisable. The Stock Option Agreement shall also specify the term of the Option; provided that the term of an ISO shall in no event exceed 10 years from the date of grant (five years for ISOs granted to Employees described in
Section 4(c)). A Stock Option Agreement may provide for accelerated exercisability in the event of the Optionee’s death, disability, or retirement or other events and may provide for expiration prior to the end of its term in the event of
the termination of the Optionee’s Service. Options may be awarded in combination with SARs, and such an Award may provide that the Options will not be exercisable unless the related SARs are forfeited. Subject to the foregoing in this
Section 7(e), the Committee at its sole discretion shall determine when all or any installment of an Option is to become exercisable and when an Option is to expire. 
 (f) Exercise of Options. Each Stock Option Agreement shall set forth the extent to which the Optionee shall have the right to exercise the Option following termination of the Optionee’s
Service with the Company and its Subsidiaries, and the right to exercise the Option of any executors or administrators of the Optionee’s estate or any person who has acquired such Option(s) directly from the Optionee by bequest or inheritance.
Such provisions shall be determined in the sole discretion of the Committee, need not be uniform among all Options issued pursuant to the Plan, and may reflect distinctions based on the reasons for termination of Service. 

(g) Effect of Change in Control. The Committee may determine, at the time of granting an Option or thereafter, that such
Option shall become exercisable as to all or part of the Shares subject to such Option in the event that a Change in Control occurs with respect to the Company. 
 (h) No Rights as a Stockholder. An Optionee, or a transferee of an Optionee, shall have no rights as a stockholder with respect to any Shares covered by his Option until the date of the
issuance of a stock certificate for such Shares. No adjustments shall be made, except as provided in Section 11. 

(i) Modification, Extension and Renewal of Options. Within the limitations of the Plan, the Committee may modify, extend or
renew outstanding options or may accept the cancellation of outstanding options (to the extent not previously exercised), whether or not granted hereunder, in return for the grant of new Options for the same or a different number of Shares and at
the same or a different Exercise Price, or in return for the grant of a different Award for the same or a different number of Shares. The foregoing notwithstanding, no modification of an Option shall, without the consent of the Optionee, materially
impair his or her rights or obligations under such Option. 

  
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 (j) Restrictions on Transfer of Shares. Any Shares issued upon exercise of an
Option shall be subject to such special forfeiture conditions, rights of repurchase, rights of first refusal and other transfer restrictions as the Committee may determine. Such restrictions shall be set forth in the applicable Stock Option
Agreement and shall apply in addition to any general restrictions that may apply to all holders of Shares. 
 (k)
Buyout Provisions. The Committee may at any time (a) offer to buy out for a payment in cash or cash equivalents an Option previously granted or (b) authorize an Optionee to elect to cash out an Option previously granted, in either
case at such time and based upon such terms and conditions as the Committee shall establish. 
 SECTION 8. PAYMENT FOR SHARES.

 (a) General Rule. The entire Exercise Price or Purchase Price of Shares issued under the Plan shall be
payable in lawful money of the United States of America at the time when such Shares are purchased, except as provided in Section 8(b) through Section 8(g) below. 
 (b) Surrender of Stock. To the extent that a Stock Option Agreement so provides, payment may be made all or in part by surrendering, or attesting to the ownership of, Shares which have
already been owned by the Optionee or his representative. Such Shares shall be valued at their Fair Market Value on the date when the new Shares are purchased under the Plan. The Optionee shall not surrender, or attest to the ownership of, Shares in
payment of the Exercise Price if such action would cause the Company to recognize compensation expense (or additional compensation expense) with respect to the Option for financial reporting purposes. 

(c) Services Rendered. At the discretion of the Committee, Shares may be awarded under the Plan in consideration of
services rendered to the Company or a Subsidiary. If Shares are awarded without the payment of a Purchase Price in cash, the Committee shall make a determination (at the time of the Award) of the value of the services rendered by the Offeree and the
sufficiency of the consideration to meet the requirements of Section 6(b). 
 (d) Cashless Exercise. To the
extent that a Stock Option Agreement so provides, payment may be made all or in part by delivery (on a form prescribed by the Committee) of an irrevocable direction to a securities broker to sell Shares and to deliver all or part of the sale
proceeds to the Company in payment of the aggregate Exercise Price. 
 (e) Exercise/Pledge. To the extent that a
Stock Option Agreement so provides, payment may be made all or in part by delivery (on a form prescribed by the Committee) of an irrevocable direction to a securities broker or lender to pledge Shares, as security for a loan, and to deliver all or
part of the loan proceeds to the Company in payment of the aggregate Exercise Price. 
 (f) Promissory Note. To
the extent that a Stock Option Agreement or Restricted Stock Agreement so provides, payment may be made all or in part by delivering (on a form prescribed by the Company) a full-recourse promissory note. 

  
 - 12 -

 (g) Other Forms of Payment. To the extent that a Stock Option Agreement or
Restricted Stock Agreement so provides, payment may be made in any other form that is consistent with applicable laws, regulations and rules. 
 (h) Limitations under Applicable Law. Notwithstanding anything herein or in a Stock Option Agreement or Restricted Stock Agreement to the contrary, payment may not be made in any form that
is unlawful, as determined by the Committee in its sole discretion. 
 SECTION 9. STOCK APPRECIATION RIGHTS. 

(a) SAR Agreement. Each grant of a SAR under the Plan shall be evidenced by a SAR Agreement between the Optionee and the
Company. Such SAR shall be subject to all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The provisions of the various SAR Agreements entered into under the Plan need not be identical.

 (b) Number of Shares. Each SAR Agreement shall specify the number of Shares to which the SAR pertains and shall
provide for the adjustment of such number in accordance with Section 11. 
 (c) Exercise Price. Each SAR
Agreement shall specify the Exercise Price. The Exercise Price of a SAR shall not be less than 100% of the Fair Market Value of a Share on the date of grant. Notwithstanding the foregoing, SARs may be granted with an Exercise Price of less than 100%
of the Fair Market Value per Share on the date of grant pursuant to a transaction described in, and in a manner consistent with, Section 424(a) of the Code. Subject to the foregoing in this Section 9(c), the Exercise Price under any SAR
shall be determined by the Committee in its sole discretion. 
 (d) Exercisability and Term. Each SAR Agreement
shall specify the date when all or any installment of the SAR is to become exercisable. The SAR Agreement shall also specify the term of the SAR. A SAR Agreement may provide for accelerated exercisability in the event of the Optionee’s death,
disability or retirement or other events and may provide for expiration prior to the end of its term in the event of the termination of the Optionee’s service. SARs may be awarded in combination with Options, and such an Award may provide that
the SARs will not be exercisable unless the related Options are forfeited. A SAR may be included in an ISO only at the time of grant but may be included in an NSO at the time of grant or thereafter. A SAR granted under the Plan may provide that it
will be exercisable only in the event of a Change in Control. 
 (e) Effect of Change in Control. The Committee
may determine, at the time of granting a SAR or thereafter, that such SAR shall become fully exercisable as to all Common Shares subject to such SAR in the event that a Change in Control occurs with respect to the Company. 

(f) Exercise of SARs. Upon exercise of a SAR, the Optionee (or any person having the right to exercise the SAR after his or
her death) shall receive from the Company (a) Shares, (b) cash or (c) a combination of Shares and cash, as the Committee shall determine. The amount of cash and/or the Fair Market Value of Shares received upon exercise of SARs shall,
in the 
 aggregate, be equal to the amount by which the Fair Market Value (on the date of surrender) of the Shares subject to the SARs exceeds
the Exercise Price. 

  
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 (g) Modification or Assumption of SARs. Within the limitations of the Plan,
the Committee may modify, extend or assume outstanding SARs or may accept the cancellation of outstanding SARs (whether granted by the Company or by another issuer) in return for the grant of new SARs for the same or a different number of shares and
at the same or a different exercise price, or in return for the grant of a different Award for the same or a different number of Shares. The foregoing notwithstanding, no modification of a SAR shall, without the consent of the holder, materially
impair his or her rights or obligations under such SAR. 
 (h) Buyout Provisions. The Committee may at any time
(a) offer to buy out for a payment in cash or cash equivalents a SAR previously granted, or (b) authorize an Optionee to elect to cash out a SAR previously granted, in either case at such time and based upon such terms and conditions as
the Committee shall establish. 
 SECTION 10. STOCK UNITS. 
 (a) Stock Unit Agreement. Each grant of Stock Units under the Plan shall be evidenced by a Stock Unit Agreement between the recipient and the Company. Such Stock Units shall be subject to
all applicable terms of the Plan and may be subject to any other terms that are not inconsistent with the Plan. The provisions of the various Stock Unit Agreements entered into under the Plan need not be identical. 

(b) Payment for Awards. To the extent that an Award is granted in the form of Stock Units, no cash consideration shall be
required of the Award recipients. 
 (c) Vesting Conditions. Each Award of Stock Units may or may not be subject
to vesting. Vesting shall occur, in full or in installments, upon satisfaction of the conditions specified in the Stock Unit Agreement. A Stock Unit Agreement may provide for accelerated vesting in the event of the Participant’s death,
disability or retirement or other events. The Committee may determine, at the time of granting Stock Units or thereafter, that all or part of such Stock Units shall become vested in the event that a Change in Control occurs with respect to the
Company. 
 (d) Voting and Dividend Rights. The holders of Stock Units shall have no voting rights. Prior to
settlement or forfeiture, any Stock Unit awarded under the Plan may, at the Committee’s discretion, carry with it a right to dividend equivalents. Such right entitles the holder to be credited with an amount equal to all cash dividends paid on
one Share while the Stock Unit is outstanding. Dividend equivalents may be converted into additional Stock Units. Settlement of dividend equivalents may be made in the form of cash, in the form of Shares, or in a combination of both. Prior to
distribution, any dividend equivalents which are not paid shall be subject to the same conditions and restrictions (including without limitation, any forfeiture conditions) as the Stock Units to which they attach. 

(e) Form and Time of Settlement of Stock Units. Settlement of vested Stock Units may be made in the form of (a) cash,
(b) Shares or (c) any combination of both, as determined by 

  
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the Committee. The actual number of Stock Units eligible for settlement may be larger or smaller than the number included in the original Award, based on predetermined performance factors.
Methods of converting Stock Units into cash may include (without limitation) a method based on the average Fair Market Value of Shares over a series of trading days. A Stock Unit Agreement may provide that vested Stock Units may be settled in a lump
sum or in installments. A Stock Unit Agreement may provide that the distribution may occur or commence when all vesting conditions applicable to the Stock Units have been satisfied or have lapsed, or it may be deferred to any later date. The amount
of a deferred distribution may be increased by an interest factor or by dividend equivalents. Until an Award of Stock Units is settled, the number of such Stock Units shall be subject to adjustment pursuant to Section 11. 

(f) Death of Recipient. Any Stock Units Award that becomes payable after the recipient’s death shall be distributed to
the recipient’s beneficiary or beneficiaries. Each recipient of a Stock Units Award under the Plan shall designate one or more beneficiaries for this purpose by filing the prescribed form with the Company. A beneficiary designation may be
changed by filing the prescribed form with the Company at any time before the Award recipient’s death. If no beneficiary was designated or if no designated beneficiary survives the Award recipient, then any Stock Units Award that becomes
payable after the recipient’s death shall be distributed to the recipient’s estate. 
 (g) Creditors’
Rights. A holder of Stock Units shall have no rights other than those of a general creditor of the Company. Stock Units represent an unfunded and unsecured obligation of the Company, subject to the terms and conditions of the applicable Stock
Unit Agreement. 
 SECTION 11. ADJUSTMENT OF SHARES. 
 (a) Adjustments. In the event of a subdivision of the outstanding Stock, a declaration of a dividend payable in Shares, a declaration of a dividend payable in a form other than Shares in an
amount that has a material effect on the price of Shares, a combination or consolidation of the outstanding Stock (by reclassification or otherwise) into a lesser number of Shares, a recapitalization, a spin-off or a similar occurrence, the
Committee shall make appropriate and equitable adjustments in: 
  

	 	(i)	The number of Options, SARs, Restricted Shares and Stock Units available for future Awards under Section 5; 

 

	 	(ii)	The limitations set forth in Sections 5(a) and (b); 

  

	 	(iii)	The number of Shares covered by each outstanding Option and SAR; 

  

	 	(iv)	The Exercise Price under each outstanding Option and SAR; and 

  

	 	(v)	The number of Stock Units included in any prior Award which has not yet been settled. 

(b) Dissolution or Liquidation. To the extent not previously exercised or settled, Options, SARs and Stock Units shall
terminate immediately prior to the dissolution or liquidation of the Company. 

  
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 (c) Reorganizations. In the event that the Company is a party to a merger or
other reorganization, outstanding Awards shall be subject to the agreement of merger or reorganization. Subject to compliance with Section 409A of the Code, such agreement shall provide for: 

 

	 	(i)	The continuation of the outstanding Awards by the Company, if the Company is a surviving corporation; 

 

	 	(ii)	The assumption of the outstanding Awards by the surviving corporation or its parent or subsidiary; 

 

	 	(iii)	The substitution by the surviving corporation or its parent or subsidiary of its own awards for the outstanding Awards; 

 

	 	(iv)	Full exercisability or vesting and accelerated expiration of the outstanding Awards; or 

 

	 	(v)	Settlement of the intrinsic value of the outstanding Awards in cash or cash equivalents followed by cancellation of such Awards. 

(d) Reservation of Rights. Except as provided in this Section 11, a Participant shall have no rights by reason of any
subdivision or consolidation of shares of stock of any class, the payment of any dividend or any other increase or decrease in the number of shares of stock of any class. Any issue by the Company of shares of stock of any class, or securities
convertible into shares of stock of any class, shall not affect, and no adjustment by reason thereof shall be made with respect to, the number or Exercise Price of Shares subject to an Award. The grant of an Award pursuant to the Plan shall not
affect in any way the right or power of the Company to make adjustments, reclassifications, reorganizations or changes of its capital or business structure, to merge or consolidate or to dissolve, liquidate, sell or transfer all or any part of its
business or assets. In the event of any change affecting the Shares or the Exercise Price of Shares subject to an Award, including a merger or other reorganization, for reasons of administrative convenience, the Company in its sole discretion may
refuse to permit the exercise of any Award during a period of up to thirty (30) days prior to the occurrence of such event. 
 SECTION
12. DEFERRAL OF AWARDS. 
 (a) Committee Powers. Subject to compliance with Section 409A of the Code, the
Committee (in its sole discretion) may permit or require a Participant to: 
  

	 	(i)	Have cash that otherwise would be paid to such Participant as a result of the exercise of a SAR or the settlement of Stock Units credited to a deferred compensation
account established for such Participant by the Committee as an entry on the Company’s books; 

  

	 	(ii)	Have Shares that otherwise would be delivered to such Participant as a result of the exercise of an Option or SAR converted into an equal number of Stock Units; or

  
 - 16 -

	 	(iii)	Have Shares that otherwise would be delivered to such Participant as a result of the exercise of an Option or SAR or the settlement of Stock Units converted into
amounts credited to a deferred compensation account established for such Participant by the Committee as an entry on the Company’s books. Such amounts shall be determined by reference to the Fair Market Value of such Shares as of the date when
they otherwise would have been delivered to such Participant. 

 (b) General Rules. A deferred compensation
account established under this Section 12 may be credited with interest or other forms of investment return, as determined by the Committee. A Participant for whom such an account is established shall have no rights other than those of a
general creditor of the Company. Such an account shall represent an unfunded and unsecured obligation of the Company and shall be subject to the terms and conditions of the applicable agreement between such Participant and the Company. If the
deferral or conversion of Awards is permitted or required, the Committee (in its sole discretion) may establish rules, procedures and forms pertaining to such Awards, including (without limitation) the settlement of deferred compensation accounts
established under this Section 12. 
 SECTION 13. AWARDS UNDER OTHER PLANS. 

The Company may grant awards under other plans or programs. Such awards may be settled in the form of Shares issued under this Plan. Such
Shares shall be treated for all purposes under the Plan like Shares issued in settlement of Stock Units and shall, when issued, reduce the number of Shares available under Section 5. 
 SECTION 14. PAYMENT OF DIRECTOR’S FEES IN SECURITIES. 
 (a)
Effective Date. No provision of this Section 14 shall be effective unless and until the Board has determined to implement such provision. 
 (b) Elections to Receive NSOs, Restricted Shares or Stock Units. An Outside Director may elect to receive his or her annual retainer payments and/or meeting fees from the Company in the form of
cash, NSOs, Restricted Shares or Stock Units, or a combination thereof, as determined by the Board. Such NSOs, Restricted Shares and Stock Units shall be issued under the Plan. An election under this Section 14 shall be filed with the Company
on the prescribed form. 
 (c) Number and Terms of NSOs, Restricted Shares or Stock Units. The number of NSOs, Restricted
Shares or Stock Units to be granted to Outside Directors in lieu of annual retainers and meeting fees that would otherwise be paid in cash shall be calculated in a manner determined by the Board. The terms of such NSOs, Restricted Shares or Stock
Units shall also be determined by the Board. 
 SECTION 15. LEGAL AND REGULATORY REQUIREMENTS. 

Shares shall not be issued under the Plan unless the issuance and delivery of such Shares complies with (or is exempt from) all applicable
requirements of law, including (without 

  
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limitation) the Securities Act of 1933, as amended, the rules and regulations promulgated thereunder, state securities laws and regulations and the regulations of any stock exchange on which the
Company’s securities may then be listed, and the Company has obtained the approval or favorable ruling from any governmental agency which the Company determines is necessary or advisable. The Company shall not be liable to a Participant or
other persons as to: (a) the non-issuance or sale of Shares as to which the Company has not obtained from any regulatory body having jurisdiction the authority deemed by the Company’s counsel to be necessary to the lawful issuance and sale
of any Shares under the Plan; and (b) any tax consequences expected, but not realized, by any Participant or other person due to the receipt, exercise or settlement of any Award granted under the Plan. 

SECTION 16. WITHHOLDING TAXES. 
 (a) General. To the extent required by applicable federal, state, local or foreign law, a Participant or his or her successor shall make arrangements satisfactory to the Company for the
satisfaction of any withholding tax obligations that arise in connection with the Plan. The Company shall not be required to issue any Shares or make any cash payment under the Plan until such obligations are satisfied. 

(b) Share Withholding. The Committee may permit a Participant to satisfy all or part of his or her withholding or income tax
obligations by having the Company withhold all or a portion of any Shares that otherwise would be issued to him or her or by surrendering all or a portion of any Shares that he or she previously acquired. Such Shares shall be valued at their Fair
Market Value on the date when taxes otherwise would be withheld in cash. In no event may a Participant have Shares withheld that would otherwise be issued to him or her in excess of the number necessary to satisfy the minimum legally required tax
withholding. 
 SECTION 17. OTHER PROVISIONS APPLICABLE TO AWARDS. 

(a) Transferability. Unless the agreement evidencing an Award (or an amendment thereto authorized by the Committee) expressly
provides otherwise, no Award granted under this Plan, nor any interest in such Award, may be sold, assigned, conveyed, gifted, pledged, hypothecated or otherwise transferred in any manner (prior to the vesting and lapse of any and all restrictions
applicable to Shares issued under such Award), other than by will or the laws of descent and distribution; provided, however, that an ISO may be transferred or assigned only to the extent consistent with Section 422 of the Code. Any purported
assignment, transfer or encumbrance in violation of this Section 17(a) shall be void and unenforceable against the Company. 
 (b) Substitution and Assumption of Awards. The Committee may make Awards under the Plan by assumption, substitution or replacement of stock options, stock appreciation rights, stock units or
similar awards granted by another entity (including a Parent or Subsidiary), if such assumption, substitution or replacement is in connection with an asset acquisition, stock acquisition, merger, consolidation or similar transaction involving the
Company (and/or its Parent or Subsidiary) and such other entity (and/or its affiliate). Notwithstanding any provision of the Plan (other than the maximum number of Shares that may be issued under the Plan), the terms of such assumed, substituted or
replaced Awards shall be as the Committee, in its discretion, determines is appropriate. 

  
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 (c) Qualifying Performance Criteria. The number of Shares or other benefits granted,
issued, retainable and/or vested under an Award may be made subject to the attainment of performance goals. The Committee may utilize any performance criteria selected by it in its sole discretion to establish performance goals; provided, however,
that where any Award is intended to qualify for exemption from the deduction limitation of Section 162(m) of the Code as “qualified performance-based compensation,” the following conditions shall apply: 

(i) The amount potentially available under an Award shall be subject to the attainment of pre-established, objective
performance goals relating to a specified period of service based on one or more of the following performance criteria: (a) cash flow, (b) earnings per share, (c) earnings before interest, taxes and amortization, (d) return on
equity, (e) total stockholder return, (f) share price performance, (g) return on capital, (h) return on assets or net assets, (i) revenue, (j) income or net income, (k) operating income or net operating income,
(l) operating profit or net operating profit, (m) operating margin or profit margin, (n) return on operating revenue, (o) return on invested capital, (p) market segment shares, (q) costs, (r) expenses,
(s) regulatory body approval for commercialization of a product, or (t) implementation or completion of critical projects (“Qualifying Performance Criteria”), any of which may be measured either individually, alternatively or in
any combination, applied to either the Company as a whole or to a business unit or Subsidiary, either individually, alternatively or in any combination, and measured either annually or cumulatively over a period of years, on an absolute basis or
relative to a pre-established target, to previous years’ results or to a designated comparison group or index, in each case as specified by the Committee in the Award; 

(ii) The Committee may appropriately adjust any evaluation of performance under a Qualifying Performance Criteria to
exclude any of the following events that occurs during a performance period: (i) asset write-downs, (ii) litigation or claim judgments or settlements, (iii) the effect of changes in tax law, accounting principles or other such laws or
provisions affecting reported results, (iv) accruals for reorganization and restructuring programs and (v) any extraordinary nonrecurring items as described in Accounting Principles Board Opinion No. 30 and/or in managements’
discussion and analysis of financial condition and results of operations appearing in the Company’s annual report to stockholders for the applicable year, in each case within the time prescribed by, and otherwise in compliance with,
Section 162(m) of the Code; 
 (iii) The Committee shall establish the applicable
performance goals in writing and an objective method for determining the Award earned by a Participant if the goals are attained, while the outcome is substantially uncertain and not later than the 90th day of the performance period (but in no event after 25% of the
period of service with respect to which the performance goals relate has elapsed), and shall determine and certify in writing, for each Participant, the extent to which the performance goals have been met prior to payment or vesting of the Award;
and 

  
 - 19 -

 (iv) The Committee may not in any event increase the amount of compensation
payable under the Plan upon the attainment of the pre-established performance goals to a Participant who is a “covered employee” within the meaning of Section 162(m) of the Code. 

SECTION 18. NO EMPLOYMENT RIGHTS. 
 No provision of the Plan, nor any Award granted under the Plan, shall be construed to give any person any right to become, to be treated as, or to remain an Employee or Consultant. The Company and its
Subsidiaries reserve the right to terminate any person’s Service at any time and for any reason, with or without notice. 
 SECTION 19.
DURATION AND AMENDMENTS. 
 (a) Term of the Plan. The Plan, as set forth herein, shall terminate automatically on
June 6, 2020 and may be terminated on any earlier date pursuant to Subsection (b) below. 
 (b) Right to Amend or
Terminate the Plan. The Board of Directors may amend or terminate the Plan at any time and from time to time. Rights and obligations under any Award granted before amendment of the Plan shall not be materially impaired by such amendment, except
with consent of the Participant. An amendment of the Plan shall be subject to the approval of the Company’s stockholders only to the extent required by applicable laws, regulations or rules. 

(c) Effect of Termination. No Awards shall be granted under the Plan after the termination thereof. The termination of the Plan
shall not affect Awards previously granted under the Plan. 
 [Remainder of this page intentionally left blank] 

  
 - 20 -

 SECTION 20. EXECUTION. 
 To record the adoption of the Plan, as amended and restated, by the Board of Directors, the Company has caused its authorized officer to execute the same. 

 

			
	INPHI CORPORATION
		
	By	 	 
		
	Name	 	 
		
	Title	 	 

  
 - 21 -

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 NOTICE OF STOCK OPTION GRANT 
 You have been granted the following Option
to purchase Common Stock of INPHI CORPORATION (the “Company”) under the Company’s 2010 Stock Incentive Plan (the “Plan”): 
  

			
	 Name of Optionee:
	 	[Name of Optionee]
		
	 Total Number of Option Shares Granted:
	 	[Total Number of Shares]
		
	 Type of Option:
	 	 ̈ Incentive Stock Option
		
		 	 ̈ Nonstatutory Stock Option
		
	 Exercise Price Per Share:
	 	$                     
		
	 Grant Date:
	 	[Date of Grant]
		
	 Vesting Commencement Date:
	 	[Vesting Commencement Date]
		
	 Vesting Schedule:
	 	[This Option becomes exercisable with respect to the first 1/4th of the Shares subject to this Option when you complete 12 months of continuous Service as an Employee or a
Consultant from the Vesting Commencement Date. Thereafter, this Option becomes exercisable with respect to an additional 1/48th of the Shares subject to this Option when you complete each additional month of such Service.] [Vesting TBD by
Bd or comm.]
		
	 Expiration Date:
	 	[Expiration Date] This Option expires earlier if your Service terminates earlier, as described in the Stock Option Agreement.

By your signature and the signature of the Company’s representative below, you and the Company agree that this Option is granted
under and governed by the term and conditions of the Plan and the Stock Option Agreement (the “Agreement”), both of which are attached to and made a part of this document. 

By signing this document you further agree that the Company may deliver by e-mail all documents relating to the Plan or this Award
(including without limitation, prospectuses required by the Securities and Exchange Commission) and all other documents that the Company is required to deliver to its security holders (including without limitation, annual reports and proxy
statements). You also agree that the Company may deliver these documents by posting them on a website maintained by the Company or by a third party under contract with the Company. If the Company posts these documents on a website, it will notify
you by e-mail. 
  

							
	OPTIONEE:	    	INPHI CORPORATION
			
	 	    	By:	  	 
	 Optionee’s Signature
	    		  	
			
	 	    	Title:	  	 
	 Optionee’s Printed Name
	    		  	

  
 - 1 -

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 STOCK OPTION AGREEMENT 
  

			
	Tax Treatment	  	This Option is intended to be an incentive stock option under Section 422 of the Internal Revenue Code or a nonstatutory option, as provided in the Notice of Stock Option Grant.
Even if this Option is designated as an incentive stock option, it shall be deemed to be a nonstatutory option to the extent required by the $100,000 annual limitation under Section 422(d) of the Internal Revenue Code.
		
	Vesting	  	This Option becomes exercisable in installments, as shown in the Notice of Stock Option Grant. This Option will in no event become exercisable for additional Shares after your
Service as an Employee or a Consultant has terminated for any reason.
		
	Term	  	This Option expires in any event at the close of business at Company headquarters on the day before the 10th anniversary of the Grant Date, as shown on the Notice of Stock Option
Grant (fifth anniversary for a more than 10% stockholder as provided under the Plan if this is an incentive stock option). This Option may expire earlier if your Service terminates, as described below.
		
	 Regular

Termination
	  	If your Service terminates for any reason except death or “Total and Permanent Disability” (as defined in the Plan), then this Option will expire at the close of
business at Company headquarters on the date three (3) months after the date your Service terminates (or, if earlier, the Expiration Date). The Company determines when your Service terminates for this purpose and all purposes under the Plan and its
determinations are conclusive and binding on all persons.
		
	Death	  	If your Service terminates because of death, then this Option will expire at the close of business at Company headquarters on the date 12 months after the date your Service
terminates (or, if earlier, the Expiration Date). During that period of up to 12 months, your estate or heirs may exercise the Option.
		
	Disability	  	 If your Service terminates because of your Total and Permanent Disability, then this Option will expire at the close of business at
Company headquarters on the date 12 months after the date your Service terminates (or, if earlier, the Expiration Date).

		
	Leaves of Absence	  	 For purposes of this Option, your Service does not terminate when you go on a military leave, a sick leave or another bona fide leave
of absence, if the leave was approved by the Company in writing and if continued crediting of Service is required by the terms of the leave or by applicable law. But your Service terminates when the approved leave ends, unless you immediately return
to active work.

  
 - 1 -

					
		
		  	If you go on a leave of absence, then the vesting schedule specified in the Notice of Stock Option Grant may be adjusted in accordance with the Company’s leave
of absence policy or the terms of your leave. If you commence working on a part-time basis, then the vesting schedule specified in the Notice of Stock Option Grant may be adjusted in accordance with the Company’s part-time work policy or the
terms of an agreement between you and the Company pertaining to your part-time schedule.
		
	Restrictions on Exercise	  	The Company will not permit you to exercise this Option if the issuance of Shares at that time would violate any law or regulation. The inability of the Company to
obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of the Company stock pursuant to this Option shall relieve the Company of any liability with respect to the non-issuance
or sale of the Company stock as to which such approval shall not have been obtained.
		
	Notice of Exercise	  	When you wish to exercise this Option you must provide a notice of exercise form in accordance with such procedures as are established by the Company and communicated
to you from time to time. Any notice of exercise must specify how many Shares you wish to purchase and how your Shares should be registered. The notice of exercise will be effective when it is received by the Company. If someone else wants to
exercise this Option after your death, that person must prove to the Company’s satisfaction that he or she is entitled to do so.
		
	Form of Payment	  	When you submit your notice of exercise, you must include payment of the Option exercise price for the Shares you are purchasing. Payment may be made in the following
form(s):
			
		  	•	  	Your personal check, a cashier’s check or a money order.
			
		  	•	  	Certificates for Shares that you own, along with any forms needed to effect a transfer of those Shares to the Company. The value of the Shares, determined as of the effective
date of the Option exercise, will be applied to the Option exercise price. Instead of surrendering Shares, you may attest to the ownership of those Shares on a form provided by the Company and have the same number of Shares subtracted from the
Shares issued to you upon exercise of the Option. However, you may not surrender or attest to the ownership of Shares in payment of the exercise price if your action would cause the Company to recognize a compensation expense (or additional
compensation expense) with respect to this Option for financial reporting purposes.
			
		  	•	  	By delivery on a form approved by the Company of an irrevocable direction to a securities broker approved by the Company to sell all or part of the Shares that are issued to you
when you exercise this Option and to deliver to the Company from the sale proceeds an amount

  
 - 2 -

					
		  		  	sufficient to pay the Option exercise price and any withholding taxes. The balance of the sale proceeds, if any, will be delivered to you. The directions must be given by
providing a notice of exercise form approved by the Company.
			
		  	•	  	By delivery on a form approved by the Company of an irrevocable direction to a securities broker or lender approved by the Company to pledge Shares that are issued to you when
you exercise this Option as security for a loan and to deliver to the Company from the loan proceeds an amount sufficient to pay the Option exercise price and any withholding taxes. The directions must be given by providing a notice of exercise form
approved by the Company.
			
		  	•	  	Any other form permitted by the Committee in its sole discretion.
		
		  	Notwithstanding the foregoing, payment may not be made in any form that is unlawful, as determined by the Committee in its sole discretion.
		
	 Withholding

Taxes and Stock

Withholding
	  	You will not be allowed to exercise this Option unless you make arrangements acceptable to the Company to pay any withholding taxes that may be due as a result of
this Award or the Option exercise. These arrangements, at the sole discretion of the Company, may include (a) having the Company withhold taxes from the proceeds of the sale of the Shares, either through a voluntary sale or through a mandatory sale
arranged by the Company (on your behalf pursuant to this authorization), (b) having the Company withhold Shares that otherwise would be issued to you when you exercise this Option having a Fair Market Value equal to the amount necessary to satisfy
the minimum statutory withholding amount, or (c) any other arrangement approved by the Company. The Fair Market Value of any Shares withheld, determined as of the effective date of the Option exercise, will be applied as a credit against the
withholding taxes. You also authorize the Company, or your actual employer, to satisfy all withholding obligations of the Company or your actual employer with respect to this Award from your wages or other cash compensation payable to you by the
Company or your actual employer.
		
	 Restrictions on

Resale
	  	You agree not to sell any Shares at a time when applicable laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This
restriction will apply as long as your Service continues and for such period of time after the termination of your Service as the Company may specify.
		
	 Transfer of Option
	  	In general, only you can exercise this Option prior to your death. You may not sell, transfer, assign, pledge or otherwise dispose of this Option, other than as
designated by you by will or by the laws of descent and distribution, except as provided below. For instance, you may not use this Option as security for a loan. If you attempt to do any of these things, this Option will immediately become invalid.
You may in any event dispose of this Option in your will. Regardless of any marital property settlement

  
 - 3 -

			
		 	 agreement, the Company is not obligated to honor a notice of exercise from your former spouse, nor is the Company obligated to
recognize your former spouse’s interest in your Option in any other way.

		
		 	However, if this Option is designated as a nonstatutory stock option in the Notice of Stock Option Grant, then the Committee may, in its sole discretion, allow you to transfer
this Option as a gift to one or more family members. For purposes of this Agreement, “family member” means a child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law,
father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law (including adoptive relationships), any individual sharing your household (other than a tenant or employee), a trust in which one or more of these individuals have more
than 50% of the beneficial interest, a foundation in which you or one or more of these persons control the management of assets, and any entity in which you or one or more of these persons own more than 50% of the voting interest.
		
		 	In addition, if this Option is designated as a nonstatutory stock option in the Notice of Stock Option Grant, then the Committee may, in its sole discretion, allow you to
transfer this option to your spouse or former spouse pursuant to a domestic relations order in settlement of marital property rights.
		
		 	The Committee will allow you to transfer this Option only if both you and the transferee(s) execute the forms prescribed by the Committee, which include the consent of the
transferee(s) to be bound by this Agreement.
		
	Retention Rights	 	Neither your Option nor this Agreement gives you the right to be employed or retained by the Company or a subsidiary of the Company in any capacity. The Company and its
subsidiaries reserve the right to terminate your Service at any time, with or without cause.
		
	 Stockholder

Rights
	 	Your Options carry neither voting rights nor rights to dividends. You, or your estate or heirs, have no rights as a stockholder of the Company unless and until you have exercised
this Option by giving the required notice to the Company and paying the exercise price. No adjustments will be made for dividends or other rights if the applicable record date occurs before you exercise this Option, except as described in the
Plan.
		
	Adjustments	 	In the event of a stock split, a stock dividend or a similar change in Company Shares, the number of Shares covered by this Option and the exercise price per Share shall be
adjusted pursuant to the Plan.
		
	 Successors and

Assigns
	 	Except as otherwise provided in the Plan or this Agreement, every term of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective
heirs, legatees, legal representatives, successors, transferees and assigns.
		
	Notice	 	Any notice required or permitted under this Agreement shall be given in writing and shall be deemed effectively given upon the earliest of personal

  
 - 4 -

			
		  	delivery, receipt or the third full day following mailing with postage and fees prepaid, addressed to the other party hereto at the address last known in the Company’s
records or at such other address as such party may designate by ten (10) days’ advance written notice to the other party hereto.
		
	Applicable Law	  	This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their choice-of-law provisions).
		
	The Plan and Other Agreements	  	The text of the Plan is incorporated in this Agreement by reference. All capitalized terms in the Agreement shall have the meanings assigned to them in the Plan. This Agreement
and the Plan constitute the entire understanding between you and the Company regarding this Option. Any prior agreements, commitments or negotiations concerning this Option are superseded. This Agreement may be amended by the Committee without your
consent; however, if any such amendment would materially impair your rights or obligations under the Agreement, this Agreement may be amended only by another written agreement, signed by you and the Company.

BY SIGNING THE COVER SHEET OF THIS AGREEMENT, 
 YOU AGREE TO ALL OF THE TERMS AND CONDITIONS 
 DESCRIBED ABOVE AND IN THE
PLAN. 

  
 - 5 -

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 NOTICE OF CASH EXERCISE OF STOCK OPTION 
 OPTIONEE INFORMATION: 

									
					
	Name:	  	  
	 		 	Social Security Number:	  	  

					
	Address:	  	  
	 		 	Employee Number:	  	  

 OPTION INFORMATION: 
  

			
	 Date of Grant:                ,
200    
	 	Type of Stock Option:
	 Exercise Price per Share: $            
	 	 ̈    Nonstatutory (NSO)
	 Total number of Shares of INPHI CORPORATION (the

“Company”) covered by option:
                    
	 	 ̈    Incentive (ISO)

 Number of Shares of the Company for which option is being exercised now:
                     (“Purchased Shares”). 
 Total exercise price for the Purchased Shares: $             
 Form of payment enclosed: 

 ̈    Check for
$            , payable to “Inphi Corporation” 
 Name(s) in which
the Purchased Shares should be registered: 
 ______________________________________________________ 

 

			
	 The certificate for the Purchased Shares should be sent
	 	 
	 to the following address:
	 	 
		 	 
		 	 

 ACKNOWLEDGMENTS: 

 

	1.	I understand that all sales of Purchased Shares are subject to compliance with the Company’s policy on securities trades. 

 

	2.	I hereby acknowledge that I received and read a copy of the prospectus describing the Company’s 2010 Stock Incentive Plan and the tax consequences of an exercise.

  

	3.	In the case of a nonstatutory option, I understand that I must recognize ordinary income equal to the spread between the fair market value of the Purchased Shares on
the date of exercise and the exercise price. I further understand that I am required to pay withholding taxes at the time of exercising a nonstatutory option. 

 

	4.	In the case of an incentive stock option, I agree to notify the Company if I dispose of the Purchased Shares before I have met both of the tax holding periods
applicable to incentive stock options (that is, if I make a disqualifying disposition). 

 SIGNATURE AND DATE: 

__________________________________ _________ __, 200_ 

  
 - 1 -

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 NOTICE OF RESTRICTED STOCK AWARD 
 You have been granted the following
Restricted Shares of Common Stock of INPHI CORPORATION (the “Company”) under the Company’s 2010 Stock Incentive Plan (the “Plan”): 
  

					
	 Date of Grant:
	  	[Date of Grant]	  	
			
	Name of Recipient:	  	[Name of Recipient]	  	
			
	Total Number of Shares	  		  	
	Granted:	  	[Total Shares]	  	
			
	Fair Market Value per Share:	  	$[Value Per Share]	  	
			
	 Total Fair Market Value

Of Award:
	  	$[Total Value]	  	
			
	Vesting Commencement Date:	  	[                    ]	  	
			
	Vesting Schedule:	  	 [The Shares subject to this Award vest when you complete twelve months of continuous Service as an Employee or a Consultant from the
Vesting Commencement Date.]
 [Sample language – actual vesting to be inserted.]
	  	

 By your signature and the signature of the Company’s representative below, you and the
Company agree that these Restricted Shares are granted under and governed by the term and conditions of the Plan and the Restricted Stock Agreement (the “Agreement”), both of which are attached to and made a part of this document.

 By signing this document you further agree that the Company may deliver by e-mail all documents relating to the Plan
or this Award (including without limitation, prospectuses required by the Securities and Exchange Commission) and all other documents that the Company is required to deliver to its security holders (including without limitation, annual reports and
proxy statements). You also agree that the Company may deliver these documents by posting them on a website maintained by the Company or by a third party under contract with the Company. If the Company posts these documents on a website, it will
notify you by e-mail. 
  

							
	[NAME OF RECIPIENT]	 		 	INPHI CORPORATION
				
	  
	 		 	By:	 	  

				
		 		 	Title:	 	  

  
 - 1 -

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 RESTRICTED STOCK AGREEMENT 
  

			
	Payment For Shares	  	No cash payment is required for the Shares you receive. You are receiving the Shares in consideration for Services rendered by you.
		
	Vesting	  	The Shares that you are receiving will vest in installments, as shown in the Notice of Restricted Stock Award.
		
		  	No additional Shares vest after your Service as an Employee or a Consultant has terminated for any reason.
		
	Shares Restricted	  	Unvested Shares will be considered “Restricted Shares.” Except to the extent permitted by the Committee, you may not sell, transfer, assign, pledge or otherwise dispose
of Restricted Shares.
		
	Forfeiture	  	If your Service terminates for any reason, then your Shares will be forfeited to the extent that they have not vested before the termination date and do not vest as a result of
termination. This means that the Restricted Shares will immediately revert to the Company. You receive no payment for Restricted Shares that are forfeited. The Company determines when your Service terminates for this purpose and all purposes under
the Plan and its determinations are conclusive and binding on all persons.
		
	Leaves Of Absence	  	For purposes of this Award, your Service does not terminate when you go on a military leave, a sick leave or another bona fide leave of absence, if the leave was approved
by the Company in writing and if continued crediting of Service is required by the terms of the leave or by applicable law. But your Service terminates when the approved leave ends, unless you immediately return to active work.
		
		  	If you go on a leave of absence, then the vesting schedule specified in the Notice of Restricted Stock Award may be adjusted in accordance with the Company’s leave of
absence policy or the terms of your leave. If you commence working on a part-time basis, then the vesting schedule specified in the Notice of Restricted Stock Award may be adjusted in accordance with the Company’s part-time work policy or the
terms of an agreement between you and the Company pertaining to your part-time schedule.
		
	Stock Certificates	  	The certificates for the Restricted Shares have stamped on them a special legend referring to the forfeiture restrictions. In addition to or in lieu of imposing the legend, the
Company may hold the certificates in escrow. As your vested percentage increases, you may request (at reasonable intervals) that the Company release to you a non-legended certificate for your vested Shares.

  
 - 1 -

			
		
	Stockholder Rights	  	During the period of time between the date of grant and the date the Restricted Shares become vested, you shall have all the rights of a stockholder with respect to the
Restricted Shares except for the right to transfer the Restricted Shares, as set forth above. Accordingly, you shall have the right to vote the Restricted Shares and to receive any cash dividends paid with respect to the Restricted
Shares.
		
	Withholding Taxes	  	No Shares will be released to you unless you have made arrangements acceptable to the Company to pay withholding taxes that may be due as a result of this Award or the vesting of
the Shares. These arrangements, at the sole discretion of the Company, may include (a) having the Company withhold taxes from the proceeds of the sale of the Shares, either through a voluntary sale or through a mandatory sale arranged by the Company
(on your behalf pursuant to this authorization), (b) having the Company withhold Shares that otherwise would be released to you when they vest having a Fair Market Value equal to the amount necessary to satisfy the minimum statutory withholding
amount, or (c) any other arrangement approved by the Company. The Fair Market Value of any Shares withheld, determined as of the date when taxes otherwise would have been withheld in cash, will be applied as a credit against the withholding taxes.
You also authorize the Company, or your actual employer, to satisfy all withholding obligations of the Company or your actual employer with respect to this Award from your wages or other cash compensation payable to you by the Company or your actual
employer.
		
	Restrictions On Resale	  	You agree not to sell any Shares at a time when applicable laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction will
apply as long as your Service continues and for such period of time after the termination of your Service as the Company may specify.
		
	No Retention Rights	  	Neither your Award nor this Agreement gives you the right to be employed or retained by the Company or a subsidiary of the Company in any capacity. The Company and its
subsidiaries reserve the right to terminate your Service at any time, with or without cause.
		
	Adjustments	  	In the event of a stock split, a stock dividend or a similar change in Company Shares, or a merger or a reorganization of the Company, the forfeiture provisions described above
will apply to all new, substitute or additional securities or other assets to which you are entitled by reason of your ownership of the Shares.

  
 - 2 -

			
		
	Successors and Assigns	  	Except as otherwise provided in the Plan or this Agreement, every term of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective
heirs, legatees, legal representatives, successors, transferees and assigns.
		
	Notice	  	Any notice required or permitted under this Agreement shall be given in writing and shall be deemed effectively given upon the earliest of personal delivery, receipt or the third
full day following mailing with postage and fees prepaid, addressed to the other party hereto at the address last known in the Company’s records or at such other address as such party may designate by ten (10) days’ advance written notice
to the other party hereto.
		
	Applicable Law	  	This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their choice-of-law provisions).
		
	The Plan and Other Agreements	  	The text of the Plan is incorporated in this Agreement by reference. All capitalized terms in this Agreement shall have the meanings assigned to them in the Plan. This Agreement
and the Plan constitute the entire understanding between you and the Company regarding this Award. Any prior agreements, commitments or negotiations concerning this Award are superseded. This Agreement may be amended by the Committee without your
consent; however, if any such amendment would materially impair your rights or obligations under the Agreement, this Agreement may be amended only by another written agreement, signed by you and the Company.

BY SIGNING THE COVER SHEET OF THIS AGREEMENT, 
 YOU AGREE TO ALL OF THE TERMS AND CONDITIONS 
 DESCRIBED ABOVE AND IN THE
PLAN. 

  
 - 3 -

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 NOTICE OF STOCK UNIT AWARD 
 You have been granted the following Stock
Units representing Common Stock of INPHI CORPORATION (the “Company”) under the Company’s 2010 Stock Incentive Plan (the “Plan”). 
  

			
	Name of Participant:	 	  

		
	Total Number of Stock Units Granted:	 	  

		
	Date of Grant:	 	                 ,
        
		
	Vesting Commencement Date:	 	                 ,
        
		
	 Vesting Schedule:
	 	[The Stock Units subject to this Award vest when you complete each [12 months] of continuous Service as an Employee or a Consultant from the Vesting Commencement Date.]
[Sample language – actual vesting to be inserted.]

 By your signature and the signature of the
Company’s representative below, you and the Company agree that these Stock Units are granted under and governed by the term and conditions of the Plan and the Stock Unit Agreement (the “Agreement”), both of which are attached to and
made a part of this document. 
 By signing this document you further agree that the Company may deliver by e-mail all
documents relating to the Plan or this Award (including without limitation, prospectuses required by the Securities and Exchange Commission) and all other documents that the Company is required to deliver to its security holders (including without
limitation, annual reports and proxy statements). You also agree that the Company may deliver these documents by posting them on a website maintained by the Company or by a third party under contract with the Company. If the Company posts these
documents on a website, it will notify you by e-mail. 
  

					
	[NAME OF PARTICIPANT]	  	INPHI CORPORATION
			
	  
	  	By:	 	  

			
	  
	  	Its:	 	  

	 Print Name
	  		 	

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 STOCK UNIT AGREEMENT 
  

			
	 Payment for Stock

Units
	  	No cash payment is required for the Stock Units you receive. You are receiving the Stock Units in consideration for Services rendered by you.
		
	 Vesting
	  	 The Stock Units that you are receiving will vest in installments, as shown in the Notice of Stock Unit Award.

No additional Stock Units vest after your Service as an Employee or a Consultant has terminated for any reason.

		
	 Forfeiture
	  	 If your Service terminates for any reason, then your Award expires immediately as to the number of Stock Units that have not vested
before the termination date and do not vest as a result of termination.
  

This means that the unvested Stock Units will immediately be cancelled. You receive no payment for Stock Units that are forfeited.

 
 The Company determines when your Service terminates for this purpose and all purposes
under the Plan and its determinations are conclusive and binding on all persons.

		
	 Leaves of Absence
	  	 For purposes of this Award, your Service does not terminate when you go on a military leave, a sick leave or another bona fide
leave of absence, if the leave of absence was approved by the Company in writing and if continued crediting of Service is required by the terms of the leave or by applicable law. But your Service terminates when the approved leave ends, unless you
immediately return to active work.
 If you go on a leave of absence, then the vesting schedule specified in the Notice of Stock Unit Award may
be adjusted in accordance with the Company’s leave of absence policy or the terms of your leave. If you commence working on a part-time basis, then the vesting schedule specified in the Notice of Stock Unit Award may be adjusted in accordance
with the Company’s part-time work policy or the terms of an agreement between you and the Company pertaining to your part-time schedule.

		
	 Nature of Stock Units
	  	Your Stock Units are mere bookkeeping entries. They represent only the Company’s unfunded and unsecured promise to issue Shares on a future date. As a holder of Stock Units,
you have no rights other than the rights of a general creditor of the Company.

  
 -1-

			
		
	No Voting Rights or Dividends	  	Your Stock Units carry neither voting rights nor rights to dividends. You, or your estate or heirs, have no rights as a stockholder of the Company unless and until your Stock
Units are settled by issuing Shares. No adjustments will be made for dividends or other rights if the applicable record date occurs before your Shares are issued, except as described in the Plan.
		
	Stock Units Nontransferable	  	You may not sell, transfer, assign, pledge or otherwise dispose of any Stock Units. For instance, you may not use your Stock Units as security for a loan. If you attempt to do
any of these things, your Stock Units will immediately become invalid.
		
	Settlement of Stock Units	  	 Each of your vested Stock Units will be settled when it vests.

 
 At the time of settlement, you will receive one Share for each vested Stock Unit;
provided, however, that no fractional Shares will be issued or delivered pursuant to the Plan or this Agreement, and the Committee will determine whether cash will be paid in lieu of any fractional Share or whether such fractional Share and any
rights thereto will be canceled, terminated or otherwise eliminated. In addition, the Shares are issued to you subject to the condition that the issuance of the Shares not violate any law or regulation.

		
	Withholding Taxes and Stock Withholding	  	No Shares will be distributed to you unless you have made arrangements acceptable to the Company to pay withholding taxes that may be due as a result of this Award or the
settlement of the Stock Units. These arrangements, at the sole discretion of the Company, may include (a) having the Company withhold taxes from the proceeds of the sale of the Shares, either through a voluntary sale or through a mandatory sale
arranged by the Company (on your behalf pursuant to this authorization), (b) having the Company withhold Shares that otherwise would be distributed to you when the Stock Units are settled having a Fair Market Value equal to the amount necessary to
satisfy the minimum statutory withholding amount, or (c) any other arrangement approved by the Company. The Fair Market Value of any Shares withheld, determined as of the date when taxes otherwise would have been withheld in cash, will be applied as
a credit against the withholding taxes. You also authorize the Company, or your actual employer, to satisfy all withholding obligations of the Company or your actual employer with respect to this Award from your wages or other cash compensation
payable to you by the Company or your actual employer.

  
 -2-

			
	Restrictions on Resale	  	You agree not to sell any Shares at a time when applicable laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction will
apply as long as your Service continues and for such period of time after the termination of your Service as the Company may specify.
		
	No Retention Rights	  	Neither your Award nor this Agreement gives you the right to be employed or retained by the Company or a subsidiary of the Company in any capacity. The Company and its
subsidiaries reserve the right to terminate your Service at any time, with or without cause.
		
	Adjustments	  	In the event of a stock split, a stock dividend or a similar change in Company Shares, the number of Stock Units covered by this Award shall be adjusted pursuant to the
Plan.
		
	Successors and Assigns	  	Except as otherwise provided in the Plan or this Agreement, every term of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective
heirs, legatees, legal representatives, successors, transferees and assigns.
		
	Notice	  	Any notice required or permitted under this Agreement shall be given in writing and shall be deemed effectively given upon the earliest of personal delivery, receipt or the third
full day following mailing with postage and fees prepaid, addressed to the other party hereto at the address last known in the Company’s records or at such other address as such party may designate by ten (10) days’ advance written notice
to the other party hereto.
		
	Applicable Law	  	This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their choice-of-law provisions).
		
	The Plan and Other Agreements	  	The text of the Plan is incorporated in this Agreement by reference. All capitalized terms in this Agreement shall have the meanings assigned to them in the Plan. This Agreement
and the Plan constitute the entire understanding between you and the Company regarding this Award. Any prior agreements, commitments or negotiations concerning this Award are superseded. This Agreement may be amended by the Committee without your
consent; however, if any such amendment would materially impair your rights or obligations under the Agreement, this Agreement may be amended only by another written agreement, signed by you and the Company.

BY SIGNING THE COVER SHEET OF THIS AGREEMENT, 
 YOU AGREE TO ALL OF THE TERMS AND CONDITIONS 
 DESCRIBED ABOVE AND IN THE
PLAN. 

  
 -3-

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 NOTICE OF STOCK OPTION GRANT 
 You have been granted the following Option
to purchase Common Stock of INPHI CORPORATION (the “Company”) under the Company’s 2010 Stock Incentive Plan (the “Plan”): 
  

			
	Name of Optionee:	  	[Name of Optionee]
		
	Total Number of Option Shares Granted:	  	[Total Number of Shares]
		
	Type of Option:	  	Nonstatutory Stock Option
		
	Exercise Price Per Share:	  	$                        
		
	Grant Date:	  	[Date of Grant]
		
	Vesting Commencement Date:	  	[Vesting Commencement Date]
		
	Vesting Schedule:	  	 [INITIAL: This Option shall vest and become exercisable over a four-year period beginning on the day which is the one month anniversary
of the Grant Date, at a monthly rate of 2.0833% of the total number of Shares subject to this Option. Notwithstanding the foregoing, this Option shall fully vest and become exercisable upon a Change in Control that occurs during your continued
Service as an Outside Director.]
 [ANNUAL: This Option shall vest and become exercisable on the earliest of (i) the first anniversary of the
Grant Date, (ii) immediately prior to the next regular annual meeting of the Company’s stockholders following such Grant Date, or (iii) a Change in Control, subject to your continued Service as an Outside Director.]

		
	Expiration Date:	  	This Option expires on the earlier of (i) the day before the tenth anniversary of the Grant Date of this Option or (ii) the date twelve months after the termination of your Service
for any reason, provided, however, if this Option has not vested upon the termination of your Service as an Outside Director for any reason, it shall terminate immediately.

By your signature and the signature of the Company’s representative below, you and the Company agree that this Option is granted
under and governed by the term and conditions of the Plan and the Stock Option Agreement (the “Agreement”), both of which are attached to and made a part of this document. 

By signing this document you further agree that the Company may deliver by e-mail all documents relating to the Plan or this Award
(including without limitation, prospectuses required by the Securities and Exchange Commission) and all other documents that the Company is required to deliver to its security holders (including without limitation, annual reports and proxy
statements). You also agree that the Company may deliver these documents by posting them on a website maintained by the Company or by a third party under contract with the Company. If the Company posts these documents on a website, it will notify
you by e-mail. 

  

INPHI CORPORATION 
 NOTICE OF STOCK OPTIONS GRANT 
 - 1 - 

									
	OPTIONEE:	 		 	INPHI CORPORATION
					
		 	 	 		 	By:	 	 
		 	 Optionee’s Signature
	 		 		 	
		 	 	 		 	Title:	 	
		 	 Optionee’s Printed Name
	 		 		 	

  

INPHI CORPORATION 
 NOTICE OF STOCK OPTIONS GRANT 
 - 1 - 

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 STOCK OPTION AGREEMENT 
  

					
	 Tax Treatment
	  	This Option is not intended to be an incentive stock option under Section 422 of the Internal Revenue Code.
		
	Vesting	  	This Option becomes exercisable in installments, as shown in the Notice of Stock Option Grant. This Option will in no event become exercisable for additional Shares
after your Service as an Outside Director has terminated for any reason. Notwithstanding the foregoing, vesting of this Option is subject to acceleration as shown in the Notice of Stock Option Grant
		
	Term	  	This Option expires as shown on the Notice of Stock Option Grant.
		
	Restrictions on Exercise	  	The Company will not permit you to exercise this Option if the issuance of Shares at that time would violate any law or regulation. The inability of the Company to
obtain approval from any regulatory body having authority deemed by the Company to be necessary to the lawful issuance and sale of the Company stock pursuant to this Option shall relieve the Company of any liability with respect to the non-issuance
or sale of the Company stock as to which such approval shall not have been obtained.
		
	Notice of Exercise	  	When you wish to exercise this Option you must provide a notice of exercise form in accordance with such procedures as are established by the Company and communicated to
you from time to time. Any notice of exercise must specify how many Shares you wish to purchase and how your Shares should be registered. The notice of exercise will be effective when it is received by the Company. If someone else wants to exercise
this Option after your death, that person must prove to the Company’s satisfaction that he or she is entitled to do so.
		
	Form of Payment	  	When you submit your notice of exercise, you must include payment of the Option exercise price for the Shares you are purchasing. Payment may be made in the following
form(s):
			
		  	•	  	Your personal check, a cashier’s check or a money order.
			
		  	•	  	Certificates for Shares that you own, along with any forms needed to effect a transfer of those Shares to the Company. The value of the Shares, determined as of the effective date
of the Option exercise, will be applied to the Option exercise price. Instead of surrendering Shares, you may attest to the ownership of those Shares on a form provided by the Company and have the same number of Shares subtracted from the Shares
issued to you upon exercise of the Option. However, you may not surrender or attest to the ownership of Shares in payment of the exercise price if your action would cause the Company to recognize
a

  

INPHI CORPORATION 
 NOTICE OF STOCK OPTIONS GRANT 
 - 1 - 

					
		  		  	compensation expense (or additional compensation expense) with respect to this Option for financial reporting purposes.
			
		  	•	  	By delivery on a form approved by the Company of an irrevocable direction to a securities broker approved by the Company to sell all or part of the Shares that are issued to you
when you exercise this Option and to deliver to the Company from the sale proceeds an amount sufficient to pay the Option exercise price and any withholding taxes. The balance of the sale proceeds, if any, will be delivered to you. The directions
must be given by providing a notice of exercise form approved by the Company.
		
		  	Notwithstanding the foregoing, payment may not be made in any form that is unlawful, as determined by the Committee in its sole discretion.
		
	Withholding Taxes and Stock Withholding	  	You will not be allowed to exercise this Option unless you make arrangements acceptable to the Company to pay any withholding taxes that may be due as a result of this
Award or the Option exercise. These arrangements, at the sole discretion of the Company, may include (a) having the Company withhold taxes from the proceeds of the sale of the Shares, either through a voluntary sale or through a mandatory sale
arranged by the Company (on your behalf pursuant to this authorization), (b) having the Company withhold Shares that otherwise would be issued to you when you exercise this Option having a Fair Market Value equal to the amount necessary to satisfy
the minimum statutory withholding amount, or (c) any other arrangement approved by the Company. The Fair Market Value of any Shares withheld, determined as of the effective date of the Option exercise, will be applied as a credit against the
withholding taxes. You also authorize the Company, or your actual employer, to satisfy all withholding obligations of the Company or your actual employer with respect to this Award from your wages or other cash compensation payable to you by the
Company or your actual employer.
		
	Restrictions on Resale	  	You agree not to sell any Shares at a time when applicable laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This
restriction will apply as long as your Service continues and for such period of time after the termination of your Service as the Company may specify.
		
	Transfer of Option	  	In general, only you can exercise this Option prior to your death. You may not sell, transfer, assign, pledge or otherwise dispose of this Option, other than as
designated by you by will or by the laws of descent and distribution, except as provided below. For instance, you may not use this Option as security for a loan. If you attempt to do any of these things, this Option will immediately become invalid.
You may in any event dispose of this Option in your will. Regardless of any marital property settlement agreement, the Company is not obligated to honor a notice of exercise from your former spouse, nor is the Company obligated to recognize
your

  

INPHI CORPORATION 
 NOTICE OF STOCK OPTIONS GRANT 
 - 2 - 

			
		  	former spouse’s interest in your Option in any other way.
		
		  	However, the Committee may, in its sole discretion, allow you to transfer this Option as a gift to one or more family members. For purposes of this Agreement, “family
member” means a child, stepchild, grandchild, parent, stepparent, grandparent, spouse, former spouse, sibling, niece, nephew, mother-in-law, father-in-law, son-in-law, daughter-in-law, brother-in-law, or sister-in-law (including adoptive
relationships), any individual sharing your household (other than a tenant or employee), a trust in which one or more of these individuals have more than 50% of the beneficial interest, a foundation in which you or one or more of these persons
control the management of assets, and any entity in which you or one or more of these persons own more than 50% of the voting interest.
		
		  	In addition, the Committee may, in its sole discretion, allow you to transfer this option to your spouse or former spouse pursuant to a domestic relations order in settlement of
marital property rights.
		
		  	The Committee will allow you to transfer this Option only if both you and the transferee(s) execute the forms prescribed by the Committee, which include the consent of the
transferee(s) to be bound by this Agreement.
		
	Retention Rights	  	Neither your Option nor this Agreement gives you the right to be employed or retained by the Company or a subsidiary of the Company in any capacity. The Company and its subsidiaries
reserve the right to terminate your Service at any time, with or without cause.
		
	Stockholder Rights	  	Your Options carry neither voting rights nor rights to dividends. You, or your estate or heirs, have no rights as a stockholder of the Company unless and until you have exercised
this Option by giving the required notice to the Company and paying the exercise price. No adjustments will be made for dividends or other rights if the applicable record date occurs before you exercise this Option, except as described in the
Plan.
		
	Adjustments	  	In the event of a stock split, a stock dividend or a similar change in Company Shares, the number of Shares covered by this Option and the exercise price per Share shall be adjusted
pursuant to the Plan.
		
	Successors and Assigns	  	Except as otherwise provided in the Plan or this Agreement, every term of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective
heirs, legatees, legal representatives, successors, transferees and assigns.
		
	Notice	  	Any notice required or permitted under this Agreement shall be given in writing and shall be deemed effectively given upon the earliest of personal delivery, receipt or the third
full day following mailing with postage and fees prepaid, addressed to the other party hereto at the address last known in the Company’s records or at such other address as such party may designate by ten (10) days’ advance written notice
to the other party hereto.

  

INPHI CORPORATION 
 NOTICE OF STOCK OPTIONS GRANT 
 - 3 - 

			
	Applicable Law	  	This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their choice-of-law provisions).
		
	The Plan and Other Agreements	  	The text of the Plan is incorporated in this Agreement by reference. All capitalized terms in the Agreement shall have the meanings assigned to them in the Plan. This Agreement and
the Plan constitute the entire understanding between you and the Company regarding this Option. Any prior agreements, commitments or negotiations concerning this Option are superseded. This Agreement may be amended by the Committee without your
consent; however, if any such amendment would materially impair your rights or obligations under the Agreement, this Agreement may be amended only by another written agreement, signed by you and the Company.

BY SIGNING THE COVER SHEET OF THIS AGREEMENT, 
 YOU AGREE TO ALL OF THE TERMS AND CONDITIONS 
 DESCRIBED ABOVE AND IN THE
PLAN. 

  

INPHI CORPORATION 
 NOTICE OF STOCK OPTIONS GRANT 
 - 4 - 

 INPHI CORPORATION 
 2010 STOCK INCENTIVE PLAN 
 NOTICE OF CASH EXERCISE OF STOCK OPTION 

OPTIONEE INFORMATION: 
  

							
	Name:	  	  
	  	Social Security Number:	  	  

				
	Address:	  	  
	  	Employee Number:	  	  

 OPTION INFORMATION: 
  

					
	 Date of Grant:
	  	_______________,200__	  	Type of Stock Option: Nonstatutory
	Exercise Price per Share: $______________	  	
	Total number of Shares of INPHI CORPORATION (the “Company”) covered by option: __________	  	

 Number of Shares of the Company for which option is being exercised
now:             (“Purchased Shares”). Total exercise price for the Purchased Shares: $            

 Form of payment enclosed: 
  

	 ̈	Check for $                 , payable to “Inphi Corporation”

 Name(s) in which the Purchased Shares should be registered: 
 _______________________________________________________ 
  

			
	The certificate for the Purchased Shares should be sent to the following address:	 	 
		 	 
		 	 
		 	 

 ACKNOWLEDGMENTS: 

 

	1.	understand that all sales of Purchased Shares are subject to compliance with the Company’s policy on securities trades. 

	2.	I hereby acknowledge that I received and read a copy of the prospectus describing the Company’s 2010 Stock Incentive Plan and the tax consequences of an exercise.

	3.	I understand that I must recognize ordinary income equal to the spread between the fair market value of the Purchased Shares on the date of exercise and the exercise
price. I further understand that I am required to pay withholding taxes at the time of exercising the option. 

 SIGNATURE AND
DATE: 
  

			
	
                                         
                                         
                          	  	                        ,200    

  

INPHI CORPORATION 
 NOTICE OF STOCK OPTIONS GRANT 
 - 1 - 

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 NOTICE OF STOCK UNIT AWARD 
 You have been granted the following Stock
Units representing Common Stock of INPHI CORPORATION (the “Company”) under the Company’s 2010 Stock Incentive Plan (the “Plan”). 
  

			
	Name of Participant:	  	  

		
	Total Number of Stock Units Granted:	  	  

		
	Date of Grant:	  	___________ ____, _____
		
	Vesting Commencement Date:	  	___________ ____, _____
		
		  	
		
	Vesting Schedule:	  	[The Stock Units subject to this Award vest when you complete each [12 months] of continuous Service as an Outside Director from the Vesting Commencement Date.] [Sample language
– actual vesting to be inserted.] Notwithstanding the foregoing, the Stock Units subject to this Award shall fully vest and become exercisable upon a Change in Control that occurs during your continued Service as an Outside
Director.

 By your signature and the signature of the Company’s representative below, you and the Company
agree that these Stock Units are granted under and governed by the term and conditions of the Plan and the Stock Unit Agreement (the “Agreement”), both of which are attached to and made a part of this document. 

By signing this document you further agree that the Company may deliver by e-mail all documents relating to the Plan or this Award
(including without limitation, prospectuses required by the Securities and Exchange Commission) and all other documents that the Company is required to deliver to its security holders (including without limitation, annual reports and proxy
statements). You also agree that the Company may deliver these documents by posting them on a website maintained by the Company or by a third party under contract with the Company. If the Company posts these documents on a website, it will notify
you by e-mail. 
  

									
	[Name of Participant]	 		 	INPHI CORPORATION
				
	 	 		 	By:	 	 
				
	 	 		 	Its:	 	 
	Print Name	 		 		 	

  

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 STOCK UNIT AGREEMENT 
  

			
	 Payment for Stock Units
	  	No cash payment is required for the Stock Units you receive. You are receiving the Stock Units in consideration for Services rendered by you.
		
	Vesting	  	 The Stock Units that you are receiving will vest in installments, as shown in the Notice of Stock Unit Award.

No additional Stock Units vest after your Service as an Outside Director has terminated for any reason.

		
	Forfeiture	  	 If your Service terminates for any reason, then your Award expires immediately as to the number of Stock Units that have not vested
before the termination date and do not vest as a result of termination.
 This means that the unvested Stock Units will immediately be cancelled.
You receive no payment for Stock Units that are forfeited.
 The Company determines when your Service terminates for this purpose and all
purposes under the Plan and its determinations are conclusive and binding on all persons.

		
	Nature of Stock Units	  	Your Stock Units are mere bookkeeping entries. They represent only the Company’s unfunded and unsecured promise to issue Shares on a future date. As a holder of Stock Units,
you have no rights other than the rights of a general creditor of the Company.
		
	No Voting Rights or Dividends	  	Your Stock Units carry neither voting rights nor rights to dividends. You, or your estate or heirs, have no rights as a stockholder of the Company unless and until your Stock Units
are settled by issuing Shares. No adjustments will be made for dividends or other rights if the applicable record date occurs before your Shares are issued, except as described in the Plan.
		
	Stock Units Nontransferable	  	You may not sell, transfer, assign, pledge or otherwise dispose of any Stock Units. For instance, you may not use your Stock Units as security for a loan. If you attempt to do any
of these things, your Stock Units will immediately become invalid.
		
	 Settlement of Stock

Units
	  	Each of your vested Stock Units will be settled when it vests.

  
 - 1 -

			
		  	At the time of settlement, you will receive one Share for each vested Stock Unit; provided, however, that no fractional Shares will be issued or delivered pursuant to the Plan or
this Agreement, and the Committee will determine whether cash will be paid in lieu of any fractional Share or whether such fractional Share and any rights thereto will be canceled, terminated or otherwise eliminated. In addition, the Shares are
issued to you subject to the condition that the issuance of the Shares not violate any law or regulation.
		
	Withholding Taxes and Stock Withholding	  	No Shares will be distributed to you unless you have made arrangements acceptable to the Company to pay withholding taxes that may be due as a result of this Award or the settlement
of the Stock Units. These arrangements, at the sole discretion of the Company, may include (a) having the Company withhold taxes from the proceeds of the sale of the Shares, either through a voluntary sale or through a mandatory sale arranged by the
Company (on your behalf pursuant to this authorization), (b) having the Company withhold Shares that otherwise would be distributed to you when the Stock Units are settled having a Fair Market Value equal to the amount necessary to satisfy the
minimum statutory withholding amount, or (c) any other arrangement approved by the Company. The Fair Market Value of any Shares withheld, determined as of the date when taxes otherwise would have been withheld in cash, will be applied as a credit
against the withholding taxes. You also authorize the Company, or your actual employer, to satisfy all withholding obligations of the Company or your actual employer with respect to this Award from your wages or other cash compensation payable to
you by the Company or your actual employer.
		
	Restrictions on Resale	  	You agree not to sell any Shares at a time when applicable laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction will
apply as long as your Service continues and for such period of time after the termination of your Service as the Company may specify.
		
	No Retention Rights	  	Neither your Award nor this Agreement gives you the right to be employed or retained by the Company or a subsidiary of the Company in any capacity. The Company and its subsidiaries
reserve the right to terminate your Service at any time, with or without cause.
		
	Adjustments	  	In the event of a stock split, a stock dividend or a similar change in Company Shares, the number of Stock Units covered by this Award shall be adjusted pursuant to the
Plan.
		
	Successors and Assigns	  	Except as otherwise provided in the Plan or this Agreement, every term of this Agreement shall be binding upon and inure to
the

  
 - 2 -

			
		  	benefit of the parties hereto and their respective heirs, legatees, legal representatives, successors, transferees and assigns.
		
	Notice	  	Any notice required or permitted under this Agreement shall be given in writing and shall be deemed effectively given upon the earliest of personal delivery, receipt or the third
full day following mailing with postage and fees prepaid, addressed to the other party hereto at the address last known in the Company’s records or at such other address as such party may designate by ten (10) days’ advance written notice
to the other party hereto.
		
	Applicable Law	  	This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their choice-of-law provisions).
		
	The Plan and Other Agreements	  	The text of the Plan is incorporated in this Agreement by reference. All capitalized terms in this Agreement shall have the meanings assigned to them in the Plan. This Agreement and
the Plan constitute the entire understanding between you and the Company regarding this Award. Any prior agreements, commitments or negotiations concerning this Award are superseded. This Agreement may be amended by the Committee without your
consent; however, if any such amendment would materially impair your rights or obligations under the Agreement, this Agreement may be amended only by another written agreement, signed by you and the Company.

BY SIGNING THE COVER SHEET OF THIS AGREEMENT, 
 YOU AGREE TO ALL OF THE TERMS AND CONDITIONS 
 DESCRIBED ABOVE AND IN THE
PLAN. 

  
 - 3 -

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 NOTICE OF RESTRICTED STOCK AWARD 
 You have been granted the following
Restricted Shares of Common Stock of Inphi Corporation (the “Company”) under the Company’s 2010 Stock Incentive Plan (the “Plan”): 
  

			
	Date of Grant:	  	[Date of Grant]
		
	Name of Recipient:	  	[Name of Recipient]
		
	Total Number of Shares	  	
		
	Granted:	  	[Total Shares]
		
	Fair Market Value per Share:	  	$[Value Per Share]
		
	Total Fair Market Value	  	
		
	Of Award:	  	$[Total Value]
		
	Vesting Commencement Date: 	  	[__________]
		
	Vesting Schedule:	  	[The Shares subject to this Award vest when you complete twelve months of continuous Service as an Outside Director from the Vesting Commencement Date.] [Sample language
– actual vesting to be inserted.] Notwithstanding the foregoing, the Shares subject to this Award shall fully vest and become exercisable upon a Change in Control that occurs during your continued Service as an Outside
Director.

 By your signature and the signature of the Company’s representative below, you and the Company
agree that these Restricted Shares are granted under and governed by the term and conditions of the Plan and the Restricted Stock Agreement (the “Agreement”), both of which are attached to and made a part of this document. 

By signing this document you further agree that the Company may deliver by e-mail all documents relating to the Plan or this Award
(including without limitation, prospectuses required by the Securities and Exchange Commission) and all other documents that the Company is required to deliver to its security holders (including without limitation, annual reports and proxy
statements). You also agree that the Company may deliver these documents by posting them on a website maintained by the Company or by a third party under contract with the Company. If the Company posts these documents on a website, it will notify
you by e-mail. 
  

									
	[NAME OF RECIPIENT]	 		 	INPHI CORPORATION
				
	 	 		 	By:	 	 

  

INPHI CORPORATION 
 NOTICE OF STOCK OPTIONS GRANT 
 - 1 - 

									
				
		 		 	Title:	 	 

  

MERU NETWORKS, INC. 
 NOTICE OF STOCK OPTIONS GRANT 
 -2 - 

 INPHI CORPORATION 

2010 STOCK INCENTIVE PLAN 
 RESTRICTED STOCK AGREEMENT 
  

			
	Payment For Shares	  	No cash payment is required for the Shares you receive. You are receiving the Shares in consideration for Services rendered by you.
		
	Vesting	  	The Shares that you are receiving will vest in installments, as shown in the Notice of Restricted Stock Award.
		
		  	No additional Shares vest after your Service as an Outside Director has terminated for any reason.
		
	Shares Restricted	  	Unvested Shares will be considered “Restricted Shares.” Except to the extent permitted by the Committee, you may not sell, transfer, assign, pledge or otherwise dispose of
Restricted Shares.
		
	Forfeiture	  	If your Service terminates for any reason, then your Shares will be forfeited to the extent that they have not vested before the termination date and do not vest as a result of
termination. This means that the Restricted Shares will immediately revert to the Company. You receive no payment for Restricted Shares that are forfeited. The Company determines when your Service terminates for this purpose and all purposes under
the Plan and its determinations are conclusive and binding on all persons.
		
	Stock Certificates	  	The certificates for the Restricted Shares have stamped on them a special legend referring to the forfeiture restrictions. In addition to or in lieu of imposing the legend, the
Company may hold the certificates in escrow. As your vested percentage increases, you may request (at reasonable intervals) that the Company release to you a non-legended certificate for your vested Shares.
		
	Stockholder Rights	  	During the period of time between the date of grant and the date the Restricted Shares become vested, you shall have all the rights of a stockholder with respect to the Restricted
Shares except for the right to transfer the Restricted Shares, as set forth above. Accordingly, you shall have the right to vote the Restricted Shares and to receive any cash dividends paid with respect to the Restricted Shares.
	Withholding Taxes	  	No Shares will be released to you unless you have made arrangements acceptable to the Company to pay withholding taxes that may be due as a result of this Award or the vesting of
the Shares. These arrangements, at the sole discretion of the Company, may include (a) having the Company withhold taxes from the proceeds of the sale of the Shares, either through a voluntary sale or through
a

  

INPHI CORPORATION 
 NOTICE OF STOCK OPTIONS GRANT 
 - 1 - 

			
		  	mandatory sale arranged by the Company (on your behalf pursuant to this authorization), (b) having the Company withhold Shares that otherwise would be released to you when they vest
having a Fair Market Value equal to the amount necessary to satisfy the minimum statutory withholding amount, or (c) any other arrangement approved by the Company. The Fair Market Value of any Shares withheld, determined as of the date when taxes
otherwise would have been withheld in cash, will be applied as a credit against the withholding taxes. You also authorize the Company, or your actual employer, to satisfy all withholding obligations of the Company or your actual employer with
respect to this Award from your wages or other cash compensation payable to you by the Company or your actual employer.
		
	Restrictions On Resale	  	You agree not to sell any Shares at a time when applicable laws, Company policies or an agreement between the Company and its underwriters prohibit a sale. This restriction will
apply as long as your Service continues and for such period of time after the termination of your Service as the Company may specify.
		
	No Retention Rights	  	Neither your Award nor this Agreement gives you the right to be employed or retained by the Company or a subsidiary of the Company in any capacity. The Company and its subsidiaries
reserve the right to terminate your Service at any time, with or without cause.
		
	Adjustments	  	In the event of a stock split, a stock dividend or a similar change in Company Shares, or a merger or a reorganization of the Company, the forfeiture provisions described above will
apply to all new, substitute or additional securities or other assets to which you are entitled by reason of your ownership of the Shares.
		
	Successors and Assigns	  	Except as otherwise provided in the Plan or this Agreement, every term of this Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective
heirs, legatees, legal representatives, successors, transferees and assigns.
		
	Notice	  	Any notice required or permitted under this Agreement shall be given in writing and shall be deemed effectively given upon the earliest of personal delivery, receipt or the third
full day following mailing with postage and fees prepaid, addressed to the other party hereto at the address last known in the Company’s records or at such other address as such party may designate by ten (10) days’ advance written notice
to the other party hereto.
		
	Applicable Law	  	This Agreement will be interpreted and enforced under the laws of the State of Delaware (without regard to their
choice-of-law

  

INPHI CORPORATION 
 NOTICE OF STOCK OPTIONS GRANT 
 - 2 - 

			
		  	provisions).
		
	The Plan and Other Agreements	  	The text of the Plan is incorporated in this Agreement by reference. All capitalized terms in this Agreement shall have the meanings assigned to them in the Plan. This Agreement and
the Plan constitute the entire understanding between you and the Company regarding this Award. Any prior agreements, commitments or negotiations concerning this Award are superseded. This Agreement may be amended by the Committee without your
consent; however, if any such amendment would materially impair your rights or obligations under the Agreement, this Agreement may be amended only by another written agreement, signed by you and the Company.

BY SIGNING THE COVER SHEET OF THIS AGREEMENT, 
 YOU AGREE TO ALL OF THE TERMS AND CONDITIONS 
 DESCRIBED ABOVE AND IN THE
PLAN. 

  

INPHI CORPORATION 
 NOTICE OF STOCK OPTIONS GRANT 
 - 3 -Software License and Maintenance Agreement

 Exhibit 10.14 
 Confidential treatment requested. 
 Confidential portions of this document have been
redacted and have been separately filed with the Commission. 
  

			
	[Cadence logo]	  	                    SOFTWARE LICENSE AND MAINTENANCE
AGREEMENT

  

			
	 Agreement No.:
	 	 07INPH0629

	 Date of Agreement:
	 	  

This Software License and Maintenance Agreement (“Agreement”), entered into as of the date
specified above, is by and between Cadence Design Systems, Inc., a Delaware corporation having a principal place of business at 2655 Seely Avenue, San Jose, California 95134-1937, USA (“Cadence”), and Inphi
Corporation, having a place of business at 2393 Townsgate Road #101, Westlake Village, CA 91361 (“Customer”). Customer desires to obtain from Cadence, either directly or through an authorized Cadence reseller, rights to Use
certain Licensed Materials on either a Subscription or 99-year License basis, as defined below. License Keys to the Licensed Materials may be purchased either from Cadence or an authorized Cadence reseller. Therefore, Cadence and Customer agree as
follows: 

 

 1. DEFINITIONS 

The following definitions apply herein: 

(a) “Acquired Cadence Software” means Software acquired by Cadence after the commencement of
the Term of Use in a Product Quotation as the result of an acquisition by Cadence of either a third party, or the technology of a third party. 
 (b) “Design Elements” means library elements, libraries, symbols, simulation or behavioral models, circuit and logic elements and any Updates thereto included with, and used in
conjunction with Software. 
 (c) “Designated Equipment” means either: (i) a
server identified by serial number, or host I.D. on which the Licensed Materials are stored, or (ii) a computer or workstation, as identified by its serial number, host I.D. number or ethernet address, to which the Licensed Materials are
downloaded and Used only upon the issuance of a License Key. The Designated Equipment shall be of a manufacture, make and model, and have the configuration, capacity, (i.e., memory/disk), operating software version level and pre-requisite and
co-requisite applications, prescribed in the documentation as necessary or desirable for the operation of the Software. 
 (d) “Documentation” means the user manuals and other written materials that describe the Software, its operation and matters related to its Use, which Cadence generally makes
available to its commercial licensees for use with the Software and any Updated, improved or modified version(s) of such materials, whether provided in published written material, on magnetic media or communicated by electronic means. 

(e) “Effective Date” means the date specified in each Product Quotation representing the
commencement of the Term of Use for the Licensed Materials. 
 (f) “Initial
Configuration” means the specific group of Licensed Materials listed in each Product Quotation that represents the Licensed Materials available for Use by the Customer on the Effective Date. 

        (g) “License Key” means a physical or electronic activation key
provided to a Customer that authorizes: (i) the Licensed Materials, including version number and quantity that is licensed to a Customer; (ii) the Designated Equipment; and (iii) the codes that Customer must input to

 
access the Licensed Materials on the Designated Equipment. 
 (h) “Licensed Materials” means the specific group of Software, Design Elements and the associated Documentation licensed to Customer. Unless otherwise specified in the Product
Quotation, Licensed Materials excludes New Technology, Upgrades and Acquired Cadence Software. 
 (i)
“Maintenance Service(s)” shall mean the services which Cadence makes available to Customer related to the Licensed Materials as is more particularly described in Section 9 (Technical Support) herein. 

(j) “New Technology or Upgrade” means any enhancement(s) or addition(s) to Software (other than
an Update) which Cadence does not make available to its commercial customers as a part of the standard Maintenance Service offering, but rather is only provided subject to payment of a separate fee. Neither New Technology, Acquired Cadence Software
nor Upgrades are covered by, and will not be provided in consideration of the Fees already paid by Customer unless otherwise specified in a Product Quotation. 

(k) “Product Quotation” means a written quotation from Cadence (or one of its affiliates) to
Customer identifying the Licensed Materials, Initial Configuration, quantity, charges, Term of Use and other information relevant to a specific transaction which Cadence is quoting to Customer. Each Product Quotation will be included as an
attachment to this Agreement and incorporated herein by reference. 
 (l) “Remix”
means the exchange of Licensed Materials for other or additional Licensed Materials subject to the limitations set forth in the applicable Product Quotation. 
 (m) “Software” means any applications programming code or executable computer program(s), and any Updates thereto. 

(n) “Subscription” means the license of Software for a fixed period of time that is less than
99 years in which the Fee for Maintenance Services is included within the Fee quoted for the entire Term of Use. 

        (o) “Term of Use” means that period of time Customer has Use of
the Licensed Materials as specified in each Product Quotation. 

 

 
 (p) “Then Current Configuration” means the
specific group of Licensed Materials being Used by Customer after Remix. 
 (q)
“Update” means a Software modification released by Cadence on a general, regularly scheduled basis as a standard Maintenance Service offering to its other commercial customers. Updated may include revisions to the Documentation.
Updates do not include any Acquired Cadence Software, Upgrades or New Technology. 
 (r)
“Use” means copying all or any portion of Software, Design Elements and/or License Key into the Designated Equipment or transmitting it to the Designated Equipment for; (i) executing or processing instructions contained in
the Software, (ii) using, executing or modifying any of the Design Elements, or (iii) loading data into or displaying, viewing or extracting output results from or otherwise operating any portion of the Software or Design Elements, solely
for the purpose of Customer’s internal design and manufacture of electronic circuits and systems. 

(s) “99-year License” means the license of Software for a period of 99 years in which the
Licensee Fees are quoted separately from Maintenance Fees and in which Maintenance Services are not automatically included during the Term of Use, except for the first year. 
 2. SCOPE AND BACKGROUND 
 Under this Agreement
Customer can: (i) acquire licenses for a specific number of Licensed Materials and related Documentation on either a Subscription or 99-year License basis, and (ii) obtain Maintenance Services for the Licensed Materials pursuant to the
provisions of this Agreement. For Software licensed on a Subscription basis, Customer shall be permitted to Use the Software on a wide area network (“WAN”) basis as described in the applicable Product Quotation. For any Software acquired
by Customer through an authorized Cadence reseller the following provisions of this Agreement shall not apply: 4, 6, 13.3(b) and 13.3(c). While Cadence shall remain the “licensor” for purposes of the grant of the licenses and other rights
hereunder, and Customer shall remain the “licensee” for purposes of the obligations contained herein, Customer shall contract directly with the reseller for the purchase of License Keys and any Maintenance Services on Software provided by
such authorized Cadence reseller. 
 3. LICENSE GRANT 
         (a) Grant: Subject to Customer’s timely payment of the Fees as set forth in Section 4 and subject to the limitations set forth in
Sections 3(b) and 3(c), Cadence, either directly or by and through one of its affiliates, hereby grants Customer, for the Term of Use as specified in each Product Quotation, a non-transferable, non-exclusive, license to: (i) Use the
quantity of Licensed Materials identified in the applicable Product Quotation on the Designated Equipment as established by the number of License Keys issued for the Licensed Materials; and (ii) Use the Documentation as is reasonably necessary
for Customer’s licensed Use of the Licensed Materials. All

 
rights not expressly granted to Customer pursuant to this Agreement are reserved by Cadence. 
 (b) Limitations: All rights, title and interest in the Licensed Materials shall remain the exclusive property of Cadence and/or its licensors. The Licensed Materials are the confidential and
proprietary property of Cadence or third parties from whom Cadence has obtained the appropriate rights. Customer shall not Use or copy the Licensed Materials except as expressly permitted herein. Customer may only Use those Licensed Materials
specified in the applicable Product Quotation. Customer shall not modify, disassemble, decompile or reverse translate or create derivative works from the Licensed Materials or otherwise attempt to derive the source code, or let any third party do
so. No right or license is granted or implied under any of Cadence, or its licensors’, patents, copyrights, trademarks, trade names, service marks or other intellectual property rights to Use the Licensed Materials or to authorize others to Use
the Licensed Materials beyond the rights and restrictions set forth in this Agreement. By the way of example and not limitation, Customer shall neither use the Software or Design Elements or output of any Software or Design Elements for benchmarking
purposes (which means any form of competitive analysis of the Licensed Materials versus competitive tool products), nor permit any third party to do so. Customer shall not remove or alter any of Cadence’s or its licensors’ restrictive or
ownership legends appearing on or in the Licensed Materials and shall reproduce such legends on all copies permitted to be made. Customer may periodically Remix the Initial Configuration or the Then Current Configuration only if specified in the
Product Quotation and subject to the limitations set forth in the Product Quotation. Upon request by Cadence, Customer shall execute a Certificate of Discontinued Use upon the completion of each Remix for those Licensed Materials that are exchanged
or terminated in the Remix. 
 (c) Restrictions: Customer shall not let the Licensed Materials
be accessed or used by third parties or anyone other than Customer’s employees whose duties require such access or use. Notwithstanding the foregoing, Customer’s authorized consultants and subcontractors (excluding any direct competitors
of Cadence) may Use the Licensed Materials on the Designated Equipment at a Customer facility only, where such Use is incidental to their performing services on Customer’s behalf. Such Use by authorized consultants and subcontractors must be
consistent with the license granted to Customer hereunder and Customer must first require such authorized consultants and subcontractors to sign written agreements obligating them to observe the same restrictions concerning the Licensed Materials as
are contained in this Agreement. In connection with activities under this Agreement, Customer may provide to Cadence suggestions, descriptions, data feedback and other information, either orally or in writing (collectively, “Feedback”)
concerning the Licensed Materials. Customer hereby grants to Cadence and its affiliates, a non-exclusive, perpetual, irrevocable,

 

  
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royalty-free, worldwide right and license to make, use, sell, reproduce, modify, sublicense, disclose, distribute and otherwise exploit any such Feedback. In addition, Cadence shall be the sole
owner of any modifications, additions or other changes made to the Licensed Materials based upon such Feedback. The Licensed Materials may contain certain software applications and portions of applications which are provided to Customer under terms
and conditions which are different from this Agreement (such as open source or community source), or which require Cadence to provide Customer with certain notices and/or information (“Excluded Code”). Cadence will identify such Excluded
Code in a text file or about box or in a file or files referenced thereby (and shall include any associated license agreement, notices and other related information therein), or the Excluded Code will contain or be accompanied by its own license
agreement. Customer’s Use of the Excluded Code will be subject to the terms and conditions of such other license agreement solely to the extent such terms and conditions are inconsistent with the terms and conditions of this Agreement or are
required by such other license agreement. By using or not uninstalling such Excluded Code after the initial installation of the Excluded Code Customer acknowledges and agrees to all such license agreements, notices and information. 

(d) Records; Audit. Customer shall keep full, clear and accurate records to confirm its authorized Use of
the Licensed Materials hereunder, including but not limited to ensuring that Customer has not exceeded the number of authorized copies of Licensed Materials and other obligations hereunder. Cadence shall have the right to audit such records during
regular business hours to confirm Customer’s compliance with its obligations hereunder. Customer shall promptly correct any deficiencies discovered by such audit including payment to Cadence of the amount of any shortfall in Fees uncovered by
such audit plus interest at the rate set forth in Section 4(a) below. If the audit uncovers any shortfall in payment of more than five percent (5%) for any quarter, then Customer shall also promptly pay to Cadence the costs and expenses of
such audit, including fees of auditors and other professionals incurred by Cadence in connection with such audit. 
 4. FEES; TAXES

 (a) Fees and Payment: Customer shall pay Cadence the license fees
(“License Fees”) and maintenance service fees (“Maintenance Service Fees”) (collectively, the “Fees”). Such Fees shall be remitted so that they are received by Cadence by the dates and in the
amounts set forth in the Product Quotation and, except as expressly provided herein, are non-refundable. In addition, Customer’s obligation to remit License Fee payments to Cadence in accordance with the payment schedule set forth in the
Product Quotation shall be absolute, unconditional, noncancelleable and nonrefundable, and shall not be subject to any abatement, set-off, claim, counterclaim, adjustment, reduction, or defense for any reason, including, but not limited to, any
claims that Cadence failed to perform under this Agreement or termination of this Agreement. Past due amounts shall be subject to a monthly service charge of one and one-half percent (1 1/2%) per month of the unpaid

 
balance or the maximum rate allowable by law. In addition to all other sums payable hereunder, Customer shall pay all reasonable out-of-pocket expenses incurred by Cadence, including fees and
disbursements of counsel, in connection with collection and other enforcement proceedings resulting therefrom or in connection therewith. 
 (b) Taxes: All Fees are net. Customer will pay or reimburse all taxes, duties and assessments, if any due, based on or measured by amounts payable to Cadence in any transaction between
Customer and Cadence under this Agreement (excluding taxes based on Cadence’s net income) together with any interest or penalties assessed thereon, or furnish Cadence with evidence acceptable to the taxing authority to sustain an exemption
therefrom (collectively, “Taxes”). 
 5. TERM AND TERMINATION 

(a) Term: This Agreement is entered into as of the date specified on the initial page and shall continue
unless terminated as provided in Section 5(c) (“Term”). The Term of Use for Licensed Materials shall continue unless the applicable Product Quotation is terminated as provided in Section 5(b). For Software licensed on a
99-year basis, Maintenance Services are only provided for the initial year. Maintenance Services are thereafter renewable by Customer for additional periods upon issuance of a Product Quotation by Cadence and payment by Customer of the Maintenance
Services Fees. 
 (b) Termination of Product Quotation: Any Product Quotation hereunder may be
terminated by Cadence: (i) if Customer fails to pay when due all or any portion of any amounts payable under such Product Quotation, and such failure is not cured within ten (10) days after written notice; or (ii) in the event of a
breach by Customer of any other material provision of the Product Quotation where Customer fails to correct such breach within thirty (30) days of its receipt of written notice thereof. In addition, in the event Customer fails to pay any Fees
due under a Product Quotation, Cadence may delay delivery of any License Key until Customer pays such past due amounts. 
 (c) Termination of Agreement: This Agreement may be terminated by Cadence immediately if; (i) Customer breaches any provisions of Section 3 herein, or (ii) Customer becomes
insolvent or makes an assignment for the benefit of creditors, or a trustee or receiver is appointed for Customer or for a substantial part of its assets, or bankruptcy, reorganization or insolvency proceedings shall be instituted by or against
Customer; or (iii) if Customer breaches any other material provision of this Agreement and fails to correct such breach within thirty (30) days of its receipt of written notice thereof; or (iv) if an “Event of Default” (as
defined in the Installment Payment Agreement “IPA”) occurs and is continuing under any IPA in favor of Cadence or Cadence Credit (if Customer enters into such an IPA in order to finance the

 

  
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License Fees). Termination of this Agreement shall immediately terminate any Product Quotations then in effect. 

(d) Effect of Termination: Expiration or termination of a Product Quotation or the Agreement as specified
in Sections 5(b) or 5(c) above, shall simultaneously terminate all Customer’s rights for licenses and Cadence’s obligations with respect thereto. Within thirty (30) days after such expiration or termination, Customer shall:
(i) furnish Cadence written notice certifying that the original and all copies, including partial copies, of the Licensed Materials furnished by Cadence under this Agreement or made by Customer as permitted by this Agreement, have either been
returned to Cadence or destroyed and no copies or portions thereof remain in the possession of Customer, its employees or agents; and (ii) make prompt payment in full to Cadence for all amounts then due plus the present value (discounted at the
lesser of; (a) the then current one year U.S. Treasury Bill Rate and, (b) the one year U.S. Treasury Bill Rate as of the Effective Date) of the unpaid balance of the License Fees as set forth in the Product Quotation, together with any
applicable Taxes. Sections 3(c), 4, 5(d), 11(b), 12, 13.6, 13.7 and 13.8 shall survive expiration or termination of this Agreement. 

6. ORDERING 
 If required by Customer, Customer shall order Licensed Materials and Maintenance Services using its standard purchase order forms. All Customers orders shall: (i) conform to and cite this Agreement;
and (ii) describe the Licensed Materials and/or Maintenance Services ordered (by Cadence’s product numbers and nomenclature), and (iii) identify the quantity, price, ship and bill to addresses and (iv) include such other data as
Cadence may reasonably require. This Agreement shall govern all Customer purchase orders accepted by Cadence during the Term and within the scope of this Agreement. Any terms and conditions contained or incorporated by reference in purchase orders,
acknowledgements, invoices, confirmations or other business forms of either party which add to or differ from the terms and conditions of this Agreement or the attachments made a part hereof shall be of no force or effect whatsoever concerning the
subject matter of this Agreement, and either party’s failure to object thereto shall not be deemed a waiver of such party’s rights hereunder. Cadence has the right to discontinue the sale of licenses of the Licensed Materials at any time.
Discontinued Licensed Materials, or Licensed Materials for which Maintenance Services are no longer available, may no longer be Remixed by Customer or acquired during the Term of Use under a Product Quotation. 

7. SHIPMENT 

        Upon execution of this Agreement and acceptance of an order by Cadence or an authorized
Cadence reseller, all Cadence Software is available fore download by Customer from Cadence, provided however Customer shall only Use Cadence Software for which a License Key has been purchased from either Cadence or an authorized Cadence reseller.
Delivery of any tangible media requested by Customer hereunder shall be made F.O.B. point of shipment. Customer shall pay all shipping charges,

 
including insurance. Risk of loss shall pass to Customer upon delivery to carrier. 

8. COPIES AND TRANSFER 
 (a) Copies: Customer may make a reasonable number of copies of Software for either of the following purposes only: (i) archival purposes; or (ii) for Use as a back-up when the Software is
not operational. Customer may make a reasonable number of copies of Design Elements in connection with its authorized Use of such Design Elements. All legends, trademarks, trade names, copyright legends and other identifications must be copied when
copying the Licensed Materials. Documentation may not be copied except for a reasonable number of printed copies from the Documentation provided by Cadence. 
 (b) Relocation: The Licensed Materials may only be moved from the Designated Equipment with Cadence’s prior written consent. Customer will immediately return Cadence’s Rehost Certificate
when the Licensed Materials are moved. Customer shall completely remove the Licensed Materials from the previous Designated Equipment. 
 9.
TECHNICAL SUPPORT 
 Subject to the terms and conditions of this Agreement, and Customer’s
timely payment of applicable Fees, Cadence agrees to use commercially reasonable efforts to perform, or have provided, during the Term of Use specified in a Product Quotation, the following technical assistance with respect to the Licensed
Materials: 

	 	(a)	 Maintenance Services: 

 (1) Technical Support: Cadence will make technical assistance available to Customer through Cadence Customer Support between 8:00 a.m. and 5:00 p.m., local time (the “Prime
Shift”), Monday through Friday excluding Cadence’s holidays. 
 (2) Issue Resolution
Assistance: Cadence will acknowledge receipt of Customer’s service request (a “SR”) within four (4) Prime Shift hours. Customer’s SR shall include a detailed description of the nature of the issue, the
conditions under which it occurs and other relevant data sufficient to enable Cadence to reproduce a reported error in order to verify its existence and diagnose its cause. Upon completion of diagnosis Cadence will provide Customer appropriate
assistance in accordance with Cadence’s standard commercial practices, including furnishing Customer with an avoidance procedure, bypass, work-around, patch or hot-fix (i.e., a Customer specific release for a production stopping problem with no
work-around) to correct or alleviate the condition reported. 
 (3) Update(s): Cadence will
provide Customer Update(s) for the Licensed Materials. Cadence will also provide instructions and/or Documentation that Cadence considers reasonably necessary to assist in a smooth transition for Use of an Update.

 

  
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 (4) Communication: Cadence will provide
Customer: (i) access to Cadence’s SourceLinkTM online Customer support service; and, (ii) such
newsletters and other publications, as Cadence routinely provides or makes accessible to all Maintenance Service customers to furnish information on topics such as Software advisories, known problem and solution summaries, product release notes,
application notes, product descriptions, removal of an item from a product line, training class descriptions and schedules, bulletins about user group activity and the like. 

(5) Versions Support: Customer acknowledges that, subject to Cadence’s End Sale/End Support Process,
Cadence will maintain only the most current version of the Licensed Materials. Cadence shall also maintain the last prior version of the Licensed Materials until the earlier of six (6) months from the release of each new version release, or
termination of this Agreement. 
  

	 	(b)	 Customer’s Responsibilities: 

Customer shall: 
 (1) Notification: Notify Cadence promptly through Cadence’s electronic problem reporting software available via SourceLink. If Customer does not receive Cadence’s acknowledgment of
its receipt of such report within four (4) PrimeShift hours, Customer shall promptly re-transmit such report. 
 (2) Access: If requested by Cadence, allow Cadence access to the Designated Equipment and communication facilities during the Prime Shift and subject to Customer’s security and safety
procedures and provide Cadence reasonable work space and other normal and customary facilities. 
 (3)
Assistance: Provide Cadence with reasonable assistance as requested if Maintenance Services are performed on site at customer’s facility and ensure that a Customer employee is present. 

(4) Test Time: Provide sufficient support and test time on Customer’s Designated Equipment to allow
Cadence to duplicate an error and verify if it is due to Licensed Materials, and when corrections are complete, acknowledge that the error has been resolved. 
 (5) Standard of Care: Provide the same standard of care for the Licensed Materials that Customer applies to its own products or data or like value to its business and return any defective
Licensed Materials or attest in writing to the destruction of same as directed by Cadence. 
 (6)
Support: Promptly inform Cadence in writing if Customer develops interfaces to the Licensed Material, and provide such information as Cadence determines necessary to properly maintain the Licensed Material. 

(7) Data Necessary: Provide data sufficient to enable Cadence to replicate a reported error on its own
computers as the CRC. 
 (c) Excluded Services: Maintenance Services required in connection with
or resulting from the following are excluded from this Agreement: 

 

 (1) abuse, misuse, accident or neglect; or, repairs, alterations,
and/or modifications which are not permitted under this Agreement and which are performed by other than Cadence or its agents; or 
 (2) the relocation of Licensed Materials from one unit of Designated Equipment to another or from the Customer location; or making changes due to Customer’s decision to reconfigure the
Licensed Material or the system or network upon which it is installed; or 
 (3) maintenance,
malfunction, modification of the Designated Equipment or its operating system; or 
 (4) Use of the
Licensed Material on a hardware platform other than the Designated Equipment; or use of other than the most current or last prior release of the Licensed Material as specified in Section 9(a)(5); or 

(5) Customer’s failure to maintain configuration environment (i.e., memory disk capacity, operating system
revision level, prerequisite or co-requisite items, etc.) specified in the Documentation or to supply adequate backups. 
 (d) Additional Services: If Cadence agrees to perform services requested by Customer which are not included as part of this Agreement, such services shall be billed to Customer at prices and
terms to be agreed by the parties. 
 10. PROPRIETARY RIGHTS INDEMNITY 

Cadence will defend at its own expense, or its option reimburse Customer for reasonable costs of defense, in connection
with any legal action brought against Customer to the extent that it is based on a claim or allegation that any Software infringes a U.S. patent or copyright of any third party, and Cadence will pay any costs and damages finally awarded against
Customer in any such action that are attributable to any such claim or incurred by Customer through settlement thereof, but shall not be responsible for any compromise made or expense incurred without its consent. However, such defense and payments
are subject to the condition that Customer gives Cadence prompt written notice of such claim, allows Cadence to direct the defense and settlement of the claim, and cooperates with Cadence as necessary for defense and settlement of the claim. Should
any Licensed Materials, or the operation thereof, become or in Cadence’s opinion be likely to become, the subject of such claim, Cadence may, at Cadence’s option and expense, procure for Customer the right to continue using the Licensed
Materials, replace or modify the Licensed Materials so that they become non-infringing, or terminate the license granted hereunder for such Licensed Materials and refund to Customer the Fees (less a reasonable charge for the period during which
Customer has had availability of such Licensed Materials for Use and of the Maintenance Services). Cadence will have no liability for any infringement claim to the extent it; (i) is based on modification of Licensed Materials other than by
Cadence, with or without authorization; or (ii) results from failure of Customer to Use and Updated version of the Licensed Materials; or (iii) is based on the combination or Use of a Licensed Materials with any other

 

  
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 software, program or device not provided by Cadence if such infringement would not have
arisen but for such use or combination; or (iv) results from compliance by Cadence with designs, plans or specifications furnished by Customer, or (v) is based on any products, devices, software or applications designed or developed
through Use of the Licensed Materials. THE FOREGOING STATES CADENCE’S ENTIRE LIABILITY AND CUSTOMER’S EXCLUSIVE REMEDY FOR PROPRIETARY RIGHTS INFRINGEMENTS. 
 11. LIMITED WARRANTY 
 (a) Cadence warrants
for thirty (30) days after shipment that the recording media by which the Licensed Materials are furnished is free of manufacturing defects and shipping damage if the media has been properly installed on the Designated Equipment. Cadence does
not warrant that Licensed Materials will meet Customer’s requirements or that Use of the Licensed Materials will be uninterrupted or error free. As Customer’s exclusive remedy and Cadence’s entire liability for breach of the warranty
herein, Cadence will provide a replacement magnetic media containing the Licensed Materials ordered by Customer. 
 (b) EXCEPT AS PROVIDED ABOVE CADENCE MAKES NO WARRANTIES TO CUSTOMER WITH RESPECT TO THE LICENSED MATERIALS OR ANY SERVICE, ADVICE, OR ASSISTANCE FURNISHED HEREUNDER, AND NO WARRANTIES OF ANY KIND,
WHETHER WRITTEN, ORAL, EXPRESS, IMPLIED OR STATUTORY, INCLUDING WARRANTIES OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OR ARISING FROM COURSE OF DEALING OR USAGE IN TRADE SHALL APPLY. 

12. LIMITATION OF LIABILITY 
 Cadence’s cumulative liability to Customer for all claims of any kind resulting from Cadence’s performance or breach of this Agreement or the Licensed Materials or Maintenance Services furnished
hereunder shall not exceed, to the extent collected by Cadence, the Fees actually received by Cadence from Customer under a Product Quotation for the Licensed Materials or Maintenance Services which are the subject of such claim, regardless of
whether Cadence has been advised of the possibility of such damages or whether any remedy set forth herein fails of its essential purpose or otherwise. CADENCE SHALL NOT BE LIABLE FOR COSTS OF PROCUREMENT OF SUBSTITUTES, LOSS OF PROFITS,
INTERRUPTION OF BUSINESS, OR FOR ANY OTHER SPECIAL, CONSEQUENTIAL OR INCIDENTAL DAMAGES, HOWEVER CAUSED, WHETHER FOR BREACH OF WARRANTY, CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY OR OTHERWISE. 

13. GENERAL PROVISIONS 
  

	 	13.1	 	NOTICES 

        Notices to Customer shall be sent to the address on the initial page and to Cadence at
2655 Seely Avenue, San Jose, 

 California 95134 USA, Attn: Legal Department or such new address as a party specifies to
the other in writing. 
  

	 	13.2	 	EXPORT 

 The Licensed Materials may not be exported without the prior written consent of Cadence. The Licensed Materials and all related technical information or materials are subject to export controls and (are
or may be) licenseable under the U.S. Government export regulations. Customer will not export, re-export, divert, transfer or disclose, directly or indirectly the Licensed Materials and any related technical information or materials without
complying strictly with all legal requirements including without limitation obtaining the prior approval of the U.S. Department of Commerce and, if necessary, other agencies or departments of the U.S. Government. Licensee will execute and deliver to
Cadence such “Letters of Assurance” as may be required under applicable export regulations. Customer shall indemnify Cadence against any loss related to Customer’s failure to conform to these requirements. 

 

	 	13.3	 	ASSIGNMENT 

 (a) No Assignment: Customer may not delegate, assign or transfer this Agreement, or any of its rights and obligations under this Agreement, and any attempt to do so shall be void. Customer
agrees that this Agreement binds Customer and each of its affiliates and the employees, agents, representatives and persons associated with any of them. Without limitation of the foregoing, an assignment, delegation or transfer shall include, but
not be limited to a sale of substantially all of the assets of Customer, a merger, a re-organization, or change in control of fifty percent (50%) or more of the equity of Customer (a “Change in Control”). No transfer,
delegation or assignment (including, without limitation, an assignment by operation of law) of this Agreement may be made without the prior written consent of Cadence. Such prior written consent by Cadence may be withheld at Cadence’s sole
discretion. As used in this Agreement, assignment shall not include, and no consent shall be required, (1) if Customer raises additional capital through sale of equity (either privately or through a public offering) or debt instruments,
provided that the additional equity issued does not result in a Change in Control, (2) if Customer changes its state of incorporation, or (3) if Customer reorganizes its corporate structure without a change in its equity structure.

 (b) Assignment of License Fees: Cadence may sell or assign the Licensee Fees owing under this
Agreement to third-parties (“Assignee”). Upon written notice to Customer that the right to the Licensee Fees hereunder has been assigned, in whole or in part, Customer shall, if requested, pay all assigned amounts directly to
Assignee. Customer waives and agrees it will not assert against Assignee any abatement, set-off, claim, counterclaim, 

 

  
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 adjustment, reduction, or defense it may have against Cadence for any reason, including,
but not limited to, any claims that Cadence failed to perform under this Agreement or termination of this Agreement. Customer waives all rights to make any claim against Assignee for any loss or damage to the Licensed Materials or breach of any
warranty, express or implied, as to any matter whatsoever, including but not limited to the Licensed Materials and service performance, functionality, features, merchantability or fitness for a particular purposes, or any indirect, incidental or
consequential damages or loss of business. 
 (c) Obligations: In the event Cadence assigns the
Fees due hereunder, Customer shall pay Assignee all Licensee Fees due and payable under this Agreement, but shall pursue any claims under this Agreement against Cadence. Except as provided in Section 5, neither Cadence nor its Assignees will
interfere with Customer’s quiet enjoyment or Use of the Licensed Materials in accordance with this Agreement’s terms and conditions. Notwithstanding any assignment of the Fees by Cadence, Cadence shall remain obligated to perform all of
its obligations under this Agreement. 
  

	 	13.4	 	U.S. GOVERNMENT CONTRACT PROVISIONS 

 This Agreement is for Customer’s temporary acquisition of Licensed Materials for its internal Use. No Government procurement regulation or contract clauses or provision shall be deemed a part of any
transaction between the parties under this Agreement unless its inclusion is required by law, or mutually agreed upon in writing by the parties in connection with a specific transaction. Customer acknowledges that Cadence represents that the
Licensed Materials and Documentation consist of “commercial computer software” and “commercial computer software documentation” as such terms are defined in 48 C.F.R. 252.227-7014(a)(1) (JUN 1995) and such Licensed Materials
are “commercial computer software” and “commercial computer software documentation” as such terms are used in 48 C.F.R. 12.212 (OCT 1995); that such Licensed Materials and Documentation constitute trade secrets of Cadence
for all purposes of the Freedom on Information Act an dif provided to the Government for; (i) acquisition by or on behalf of civilian agencies, are

 provided in accordance with the policy set forth in 48 C.F.R. 12.212; or
(ii) acquisition by or on behalf of units of the Department of Defense, in accordance with the policies set forth in 48 C.F.R. 227.7202-1 (JUN 1995) and 227.7202-3 (JUN 1995). 

 

	 	13.5	 	FORCE MAJEURE 

 Except for Customer’s payment obligations pursuant to Section 4, neither party shall be liable to the other party for delay in performing its obligations, or failure to perform any such
obligations under this Agreement, if the delay or failure results from circumstances beyond the reasonable control of the party, including but not limited to, any acts of God, governmental act, fire, explosion, accident, war, armed conflict or civil
commotion. 
  

	 	13.6	 	WAIVER and SEVERABILITY 

 Failure by either party to enforce at any time any provision of this Agreement, or to exercise any election of options provide herein, shall not constitute a waiver of such provision or option, nor affect
the validity of this Agreement or any part thereof, or the right of the waiving party to thereafter enforce each and every such provisions. If any provision of this Agreement is held invalid or unenforceable, the remainder of the Agreement shall
continue in full force and effect. 
  

	 	13.7	 	GOVERNING LAW 

 The procedural and substantive laws of the State of California, U.S.A., without regard to its conflicts of laws principles, will govern this Agreement. Any action brought to enforce this Agreement or its
terms shall be brought within the state or federal courts of Santa Clara County, California. The parties agree that the United Nations Conventions on Contracts for the International Sale of Goods (1980) is specifically excluded from and shall
not apply to this Agreement. 
  

	 	13.8	 	ENTIRE AGREEMENT 

 This Agreement and the attachments hereto are the complete and exclusive statement of the agreement between the parties and supersede all proposals, oral or written, and all other communications between
the parties relating to the subject matter of this Agreement. Only a written instrument duly executed by authorized representatives of Cadence and Customer may modify this Agreement.

 

  
 IN WITNESS
WHEREOF, THE PARTIES HERETO HAVE ENTERED INTO THIS AGREEMENT AS OF THE DATE OF AGREEMENT SET FORTH ABOVE. 
  

									
	CUSTOMER	 		 	CADENCE DESIGN SYSTEMS, INC.
					
	By:	 	 /s/ Tim D. Semones
	 		 	 By:
	 	/s/ Michael J. Williams
					
	Name:	 	 Tim D. Semones
	 		 	 Name:
	 	 Michael J. Williams

					
	Title:	 	 CFO
	 		 	 Title:
	 	 VP and Associate General Counsel

					
	Date:	 	 6/29/07
	 		 	 Date:
	 	6/29/07

  
 7 

 CONFIDENTIAL MATERIAL REDACTED AND FILED SEPARATELY WITH THE COMMISSION. 

REDACTED MATERIAL IS MARKED WITH ASTERISKS (“***”). 
 PRODUCT QUOTATION 
 eDAcard 

Attachment A to the Software License and Maintenance Agreement 

SLMA-07INPH0629 (“Agreement”) 
  

			
	 eDAcard Platinum number:
	  	TDB
	 Quotation Number:
	  	IJR062007
	 Quotation Expiration Date:
	  	29-Jun-07

  

			
	 Inphi Corporation (“CUSTOMER”)

 
 Tim Semones

 
 2393 Townsgate Road, Suite 101

 
 Westlake Village, CA 91361
	  	 CADENCE DESIGN SYSTEMS, INC.
  

2655 Seely Avenue
  
 San Jose, California 95134

		
	 Attachment Effective Date: 29-Jun-07

 
 Attachment Expiry
Date:           ***
	  	

  

							
	 eDA PLATINUM card
	  		  			
	 eDAcard Activation Period
	  		  			
	 Activation Period Effective Date:
	  	29-Jun-07	  			
	 Activation Period Expiry Date:
	  	 ***
	  			
	 Termination Date:
	  	 ***
	  			
	 eDAcard Balance:
	  		  	 	$7,000,000	  
	 eDAcard Site(s):
	  		  			
	 Distribution of eDAcard Balance:
	  		  			
	 The following authorized users & specific site(s) will be issued eDAcard(s) as indicated
below
	  			
	 Ed Miller – Westlake Village, CA
91361    $7,000,000    emiller@inphi-corp.com
	  			
	 eDAcard WAN Premium: ***% LOCAL; ***% REGION; ***% MULTI-REGION
	  			
	 eDAcard Platinum Discount Rate: ***%
	  			
	 Note: All other Licensed Materials not listed in Addendum A may be drawn down
as their respective list price less
 ***% discount. 
	   

  

	 eDAcard Platinum
number:                TBD
	  		  			
	 eDAcard Fees
	  		  	 	$7,000,000	  

  

					
	 Payment Terms
	  	 	Total	  
	 Total Fees Due
	  	$	7,000,000	  

 Payment Schedule 

 

											
	 Payment
	  	Invoice Date	 	 	 Due Date
	  	Total Amount	 
	 1
	  	 	***	  	 	 ***
	  	$	*	** 
	 2
	  	 	***	  	 	 ***
	  	$	*	** 
	 3
	  	 	***	  	 	 ***
	  	$	*	** 
	 4
	  	 	***	  	 	 ***
	  	$	*	** 
	 5
	  	 	***	  	 	 ***
	  	$	*	** 
	 6
	  	 	***	  	 	 ***
	  	$	*	** 
	 7
	  	 	***	  	 	 ***
	  	$	*	** 
	 8
	  	 	***	  	 	 ***
	  	$	*	** 
	 9
	  	 	***	  	 	 ***
	  	$	*	** 
	 10
	  	 	***	  	 	 ***
	  	$	*	** 
	 11
	  	 	***	  	 	 ***
	  	$	*	** 
	 12
	  	 	***	  	 	 ***
	  	$	*	** 
	 13
	  	 	***	  	 	 ***
	  	$	*	** 
	 14
	  	 	***	  	 	 ***
	  	$	*	** 
	 15
	  	 	***	  	 	 ***
	  	$	*	** 
	 16
	  	 	***	  	 	 ***
	  	$	*	** 
	 Total [USD]
	  				 		  	$	7,000,000	  

  

									
	The parties hereby agree to the foregoing terms and conditions in addition to the terms and conditions attached hereto which are hereby incorporated by reference.	  	 
 	Inphi Corporation
Initials	  
  	  	 	    TDS    	  

 Product
quotation 

  
 Page 1

 CONFIDENTIAL MATERIAL REDACTED AND FILED SEPARATELY WITH THE COMMISSION. 

REDACTED MATERIAL IS MARKED WITH ASTERISKS (“***”). 
 Product Quotation 
 Terms and Conditions 

For Floating Pool 

eDAcard License Model 
 Customer and Cadence entered into a Fixed Term License Agreement (Agreement No. FTLA-00TCOM1218) on or about December 18, 2000 (“FTLA”) Customer and Cadence have also entered into
the following Product Quotations: Product Quotation Attachment G effective August 31, 2005 (“Attachment G”), Product Quotation Attachment H effective September 26, 2006
(“Attachment H”), and Product Quotation Attachment J effective September 30, 2006 (“Attachment J”). The parties are entering into a new Software License and Maintenance Agreement (Agreement
No. SLMA-07INPH0629) of even date herewith (“Agreement”), which will supersede the FTLA. Upon the Effective date of this Product Quotation Attachment (“Attachment”), the FLTA and Attachments G, H, J and all
rights, duties and obligations thereunder (except those provisions that survive termination on their own terms, if any, will automatically terminate). Customer understands and agrees that its right to Use any Licensed Programs (as defined in the
FLTA) licensed under Attachments G, & J shall immediately terminate upon the effective date of this Attachment, except that Customer shall have a reasonable period of time, not to exceed thirty (30) days, to transition from the
license keys issued under Product Quotation Attachments G, & J to the license key issued under this Attachment. Customer understands and agrees that upon execution of this Attachment, the rights and obligations of the parties under
Attachment H shall immediately terminate except for; (i) License Keys for Licensed Programs which have not yet expired the Use of which shall continue to be governed by the FTLA, and (ii) those provisions that survive termination on
their own terms, if any. Customer understands and agrees that its right to select and Use any additional licensed Programs licensed under Attachment H is immediately terminated. Upon execution of this Attachment Customer shall make payment of
$*** to Cadence in connection with termination of Attachments G, H, and J. 
 This Product Quotation Attachment
(“Attachment”) contains the terms and conditions for Customer’s Use of Licensed Materials based upon Cadence’s eDAcard Platinum license model. This Attachment is a Product Quotation as defined in the Software License and
Maintenance Agreement (“Agreement”) between the parties hereto. 
  

	A.	 eDAcard LICENSING MODEL 

  

	1.	 Availability of Licensed Materials: Cadence’s eDAcard licensing model establishes a mechanism whereby Customer may access, select and
Use Licensed Materials through Cadence’s web site (“eDAcard Web Site”) during the eDAcard activation period. The activation period is defined as beginning on the Activation Period Effective Date and ending on the Activation
Period Expiry Date (“eDAcard Activation Period”) as set forth on page 1 of this Attachment. Use of the Licensed Materials will be pursuant to the terms and conditions of the Agreement and this Attachment. A list of the
available Licensed Materials can be viewed in the eDAcard Web Site. Licenses for the Licensed Materials, which includes Maintenance Services, can be selected for a pre-determined duration (i.e. weekly, monthly, quarterly, yearly or any combination
thereof) (“Term of Use”). In no event, however, shall the Term of Use for any Licensed Materials licensed during the eDAcard Activation Period extend beyond the Attachment Expiry Date. 

 

	2.	 Licensed Materials: Under this Attachment Customer shall only use Licensed Materials available through the eDAcard Web Site.

  

	3.	 Accessibility of Licensed Materials: Within the later of five (5) days after: (i) the Activation Period Effective Date or
(ii) execution of this Attachment by Cadence, Cadence shall forward Customer an eDAcard number (“eDAcard number”) to those Customer employees who will be allowed to access the eDAcard Web Site (“Authorized
Users”). Upon account activation, the Authorized Users will be issued individual login names and passwords (“Authorized User ID”) to be used in conjunction with the eDAcard Number. The Authorized User ID will allow the
Authorized Users access to the Licensed Materials on the eDAcard Web Site. Following 

  
 2 

 the authorized Users selection of Licensed Materials over the eDAcard Web
Site, the applicable Fees will be deducted from the eDAcard Balance set forth on page 1 of this Attachment. Customer shall be provided with instructions on how to obtain an authorization key for the Licensed Materials. The ability of the
Authorized Users to access the eDAcard Web Site for the purpose of selecting additional Licensed Materials shall terminate on the earlier of: (i) the depletion of the eDAcard Balance; (ii) the Activation Period Expiry Date set forth on
page 1 of this Attachment; (iii) termination of the Agreement pursuant to Section 5 thereof. 
  

	4.	 eDAcard Balance: The Fee structure for Use of the Licensed Materials implementing the eDAcard licensing model are set forth on the Cadence
eDAcard Datasheet available on the eDAcard Web Site. The Fees are based upon the one year time-based license (“TBL”) reference price. The Licensed Material price is then adjusted per the eDAcard rate table set forth in the eDAcard
Datasheet based upon; (1) the type of Licensed Material licensed, and (2) the Term of Use. Finally, the applicable Customer discount is applied to arrive at the final Fee for the applicable Licensed Materials. The dollar value as set forth
in the eDAcard Balance on page 1 of this Attachment represents the amount the Customer has allocated for selecting and Using Licensed Materials accessing the eDAcard Web Site. Upon selection of both the Licensed Materials and the Term of Use,
the Fee shall be automatically calculated and debited from the remaining eDAcard Balance. Customer may continue to access the eDAcard Web Site for the purpose of selecting additional Licensed Materials until the eDAcard Balance is depleted. Customer
shall forfeit any remaining portion of the eDAcard Balance not utilized during the eDAcard Activation Period. The one year reference (TBL) price for Licensed Materials and/or the eDAcard rate table may be modified at any time by Cadence.

  

	5.	 General Terms: Customer is solely responsible for: (i) managing its Authorized User; and (ii) maintaining the security of all
passwords, user IDs and access keys made available by Cadence. Customer acknowledges and agrees that any person who enters an Authorized User ID will be presumed by Cadence to be an Authorized User and have the power and authority to bind Customer
to the terms of this Attachment and the Agreement. Cadence will not be under any obligation to verify the identity of any such person. Customer agreed that an order placed through the eDAcard Web Site is the equivalent of a signed Customer purchase
order. Customer shall have the right to change, add, or delete Authorized Users upon prior written notice to Cadence. In no event are any licenses issued hereunder cancelable nor are any Fees payable hereunder refundable. Customer hereby waives any
future challenge to the validity and enforceability of any order submitted via the eDAcard licensing model on the grounds that it was electronically transmitted and authorized. Customer is responsible for all costs and charges, including without
limitation, phone charges and telecommunications equipment, incurred in order to use the eDAcard licensing model. 

  

	B.	 MAINTENANCE SERVICES 

 Maintenance Services are provided by Cadence during the Term of Use. 
  

	C.	 PAYMENT SCHEDULE 

 Customer shall remit payment for the Fees as set forth on the page 1 of this Attachment. Cadence shall provide an invoice approximately thirty (30) days prior to the scheduled payment date.
Customer shall make payment to Cadence on or before the payment due date identified on page 1 of this Attachment. Notwithstanding the foregoing, in the event that the eDAcard Balance is depleted and the Term of Use for all Licensed Materials
ends prior to the Activation Period Expiry Date, any remaining payments shall become due and payable immediately upon the expiration of the Term of Use for all Licensed Materials. Customer understands and agrees that the obligation to make payments
hereunder is not contingent upon a purchase order being issued by Customer. If required by Cadence, the obligation to pay the Fees shall be additionally evidenced by an Installment Payment Agreement (“IPA”) executed by Customer.

  

	D.	 ELECTRONIC TRANSFER 

  
 3 

 Upon execution of the Electronic Transmission Agreement, all products under
this Agreement will be shipped via electronic transfer per the terms and conditions of such Electronic transmission Agreement. 
  

	E.	 WIDE AREA NETWORK 

 Subject to Section 13.2 (“Export”) of the Agreement between the parties hereto and payment of any applicable Fees, Customer is granted the right to allow its employees to remotely access
the Licensed Materials through a wide area network (“WAN”). The Licensed Materials must be located on Designated Equipment within the same time zone (or Region(s) if Regional WAN rights are acquired) as such employees are located and must
only be accessed by employees within such time zone or Region(s). Customer may select the following options for WAN rights at the time of acquiring the Licensed Materials under this Attachment: (1) “None (no WAN rights permitted),
(2) “Local (WAN rights only permitted within the same time zone as the Designated Equipment, (3) “Region” (WAN rights only permitted within the specific Region selected), and (4) “Multi-Region” (WAN rights
permitted in more than one Region as selected by Customer. Customer’s WAN selection is specified on page 1 of this Attachment. The Regions for such WAN rights are: (i) the Americas, (2) Europe and Middle East, (3) India, and
(4) Asia and Australia (excluding Japan). 
 The parties hereby agree to the foregoing terms and conditions. 

 

									
	INPHI CORPORATION	 		 	CADENCE DESIGN SYSTEMS, INC.
					
	By:	 	 /s/ Tim D. Semones
	 		 	By:	 	/s/ Michael J. Williams
	Name:	 	 Tim D. Semones
	 		 	Name:	 	 Michael J. Williams

	Title:	 	 CFO
	 		 	Title:	 	 VP & Associate General Counsel

	Date:	 	 6/29/07
	 		 	Date:	 	6/29/07

 Please return originals to: 
 Cadence Design Systems, Inc. 

Attn: Michael J. Williams 
 VP & Associate General Counsel 
 2655 Seely Avenue 

San Jose, CA 95134 

  
 4 

 CONFIDENTIAL MATERIAL REDACTED AND FILED SEPARATELY WITH THE COMMISSION. 

REDACTED MATERIAL IS MARKED WITH ASTERISKS (“***”). 
 Product Quotation 
 eDAcard 

Attachment B to the Software License and Maintenance Agreement 

             
 SLMA-071NPH0629 (“Agreement”) 
 eDAcard PLATINUM number:
      TBD         

        Quotation Number:   INPH1 101111 DEW 
 Quotation Expiration Date:   15-Dec-10 
  

					
	Inphi Corporation (“CUSTOMER”)	  	            Inphi Corporation	  	CADENCE DESIGN SYSTEMS, INC.
	Robb Johnson	  	            Ship-To Address: 100%	  	2655 Seely Avenue
	112 S. Lakeview Canyon Road, Suite 100	  	112 S. Lakeview Canyon Road, Suite 100	  	San Jose, California 95134
	Westlake Village, CA 91362	  	            Westlake Village, CA 91362	  	

  

			
	 Attachment Effective Date:	 	 15-Dec-10
	 Attachment Expiry Date:	 	 ***

  

									
	 	 	eDAcard	 	 	  	 	  	 
	 	 	eDAcard Activation Period:	 		  		  	 
	 	 	Activation Period Effective Date:	 	        15-Dec-10	  		  	 
	 	 	Activation Period Expiry Date:	 	        ***	  		  	 
	 	 	Termination Date:	 	        ***	  		  	 
	 	 	eDAcard Balance:	 		  		  	$250,000
	 	 	eDAcard Site(s):	 		  		  	 
	 	 	Distribution of eDAcard Balance	 		  		  	 
	 	 	The following authorized users & specific(s) will be issued eDAcard(s) as indicated below.	  	 
	 	 	Robb Johnson – Westlake Village, CA 91362	 	        $250,000	  	rjohnson@inphi-corp.com	  	 
	 	 	 eDAcard WAN Premium: ***% LOCAL; ***% REGION; *** MULTI-REGION

eDAcard Discount Rate: ***%
	  	 
	 	 	 Note: The
Licensed Materials may be drawn down at their respective list price less a ***% discount except for the Licensed Materials listed in Addendum A.
     The Licensed Materials listed in Addendum A may be drawn down at their respective list price less the applicable discount set forth in Addendum A.

	 	 	eDAcard PLATINUM number:	 	        TBD                    
    	  		  	 
	 	 	eDAcard Fees	 	 	  	 	  	$250,000

 

							
	 	 	  
 Payment
Terms
	  	  

 
	  

Total
	  
   

	 		 
	 	 	 Total Fees Due
  
	  	$  
	250,000
 
	  
 

  

											
	 	 	  
 Payment
Schedule
  
	  	 	  	 	  	 	  	 
	 	 	Payment	  	Invoice Date	  	Due Date	  	Total Amount	  	 
	 	 	1	  	***	  	***	  	$***	  	 
	 	 	2	  	***	  	***	  	$***	  	 
	 	 	3	  	***	  	***	  	$***	  	 
	 	 	4	  	***	  	***	  	$***	  	 
	 	 	 Total [USD]

 
	  	 	  	 	  	 $***

 
	  	 

   The parties hereby agree to the foregoing terms and conditions 

  in addition to the terms and conditions attached hereto which are hereby incorporated by reference. 

  

					
	Cadence Design Systems Confidential	 	Product Quotation	 	12/7/2010 3:52 PM
	 	Page 1	 

 Production Quotation 

Terms and Conditions 
 For Floating Pool 
 eDAcard License Model 

This Product Quotation Attachment (“Attachment”), which is appended to the Software License and Maintenance Agreement
referenced on page 1 of this Attachment (“Agreement”), contains the terms and conditions for Customer’s Use of Licensed Materials based upon Cadence’s eDAcard Platinum licensing model. This Attachment is a Product
Quotation as defined in the Agreement. All capitalized terms not otherwise defined herein shall have the same meaning as ascribed to them in the Agreement. In the event of any conflict between the terms of the Agreement and the terms of this
Attachment, the terms of the Agreement shall prevail. 
  

	A.	 eDAcard LICENSING MODEL 

  

	1.	 Availability of Licensed Materials: Cadence’s eDAcard licensing model establishes a mechanism whereby Customer may access, select and
Use Licensed Materials through Cadence’s web site (“eDAcard Web Site”) during the eDAcard activation period. The activation period is defined as beginning on the Activation Period Effective Date and ending on the Activation
Period Expiry Date (“eDAcard Activation Period”) as set forth on page 1 of this Attachment. Use of the Licensed Materials will be pursuant to the terms and conditions of the Agreement and this Attachment. A list of the available
Licensed Materials can be viewed on the eDAcard Web Site. The Term of Use for licenses for the Licensed Materials, which includes Maintenance Services, can be selected for a pre-determined duration (i.e. weekly, monthly, quarterly, yearly or any
combination thereof). In no event, however, shall the Term of Use for any Licensed Materials licensed during the eDAcard Activation Period extend beyond the Attachment Expiry Date. 

 

	2.	 Licensed Materials:   Customer shall only Use Licensed Materials available through the eDAcard Web Site.

  

	3.	 Accessibility of Licensed Materials: Within the later of five (5) days after: (i) the Activation Period Effective Date or,
(ii) execution of this Attachment by Cadence. Cadence shall activate and forward an eDAcard number (“eDAcard number”) to those Customer employees who will be allowed to access the eDAcard Web Site (“Authorized
Users”). Upon account activation, the Authorized Users will be issued individual login names and passwords (“Authorized User 1D”) to be used in conjunction with the eDAcard Number. The Authorized User ID will allow the
Authorized Users access to the Licensed Materials on the eDAcard Web Site. Following the Authorized Users selection of Licensed Materials over the eDAcard Web Site, the applicable Fees will be deducted from the eDAcard Balance set forth on page I of
this Attachment. Customer shall be provided with instructions on how to obtain an authorization key for the Licensed Materials. The ability of the Authorized Users to access the eDAcard Web Site for the purpose of selecting additional Licensed
Materials shall terminate on the earlier of: (i) the depletion of the eDAcard Balance; (ii) the Activation Period Expiry Date set forth on page 1 of this Attachment; or (iii) termination of the Agreement pursuant to Section 5
(Term and Termination) thereof. 

  

	4.	 eDAcard Balance: The Fee structure for Use of the Licensed Materials implementing the eDAcard licensing model is set forth on the Cadence
eDAcard Datasheet available on the eDAcard Web Site. The Fees are based upon the one year time-based license (“TBL”) reference price. The Licensed Materials price is then adjusted per the eDAcard rate table set forth in the
eDAcard Datasheet based upon: (1) the type of Licensed Materials licensed plus any applicable regional list price adjustments, and (2) the Term of Use. Finally, the applicable Customer discount is applied to arrive at the final Fee for the
applicable Licensed Materials. The dollar value as set forth in the eDAcard Balance on page I of this Attachment represents the amount the Customer has allocated for selecting and Using Licensed Materials accessing the eDAcard Web Site. Upon
selection of both the Licensed Materials and the Term of Use, the Fee shall be automatically calculated and debited from the remaining eDAcard Balance. Customer may continue to access the eDAcard Web Site for the purpose of selecting additional
Licensed Materials until the eDAcard Balance is depleted. Customer shall forfeit any remaining portion of the eDAcard Balance not utilized during the eDAcard Activation Period. The TBL price for Licensed Materials and/or the eDAcard rate table may
be modified at any time by Cadence. 

  

					
	  
 Product Quotation eDAcard Platinum (SLMA)
3-22-10
	  	2	  	

	5.	 General Terms: Customer is solely responsible for: (i) managing its Authorized Users; and (ii) maintaining the security of all
passwords, user IDs and access keys made available by Cadence. Customer acknowledges and agrees that any person who enters an Authorized User ID will be presumed by Cadence to be an Authorized User and have the power and authority to bind Customer
to the terms of this Attachment and the Agreement. Cadence will not be under any obligation to verify the identity of any such person. Customer agrees that an order placed through the eDAcard Web Site is the equivalent of a signed purchase order.
Customer shall have the right to change, add, or delete Authorized Users upon prior written notice to Cadence. In no event are any licenses issued hereunder cancelable nor are any Fees payable hereunder refundable. Customer hereby waives any future
challenge to the validity and enforceability of any order submitted via the eDAcard licensing model on the grounds that it was electronically transmitted and authorized. Customer is responsible for all costs and charges, including without
limitation, phone charges and telecommunications equipment, incurred in order to use the eDAcard licensing model. 

  

	B.	 MAINTENANCE SERVICES 

 Maintenance Services are provided by Cadence during the Term of Use. 
  

	C.	 PAYMENT SCHEDULE 

 Customer shall remit payment for the Fees in accordance with the schedule set forth on page 1 of this Attachment. Notwithstanding the foregoing, in the event that the eDAcard Balance is depleted and the
Term of Use for all Licensed Materials ends prior to the Activation Period Expiry Date, any remaining payments shall become due and payable immediately upon the expiration of the Term of Use for all Licensed Materials. Customer understands and
agrees that the obligation to make payments hereunder is not contingent upon a purchase order being issued by Customer. If required by Cadence, the obligation to pay the Fees shall be additionally evidenced by an Installment Payment Agreement
(“IPA”) executed by Customer. 
  

	D.	 WIDE AREA NETWORK 

 Subject to Section 13.2 (Export) of the Agreement and payment of any applicable Fees, Customer is granted the right to allow its employees to remotely access the Licensed Materials through a wide
area network (“WAN”). Customer may select the following options for WAN rights at the time of acquiring the Licensed Materials under this Attachment: (I) “None” (no WAN rights permitted), (2) “Local”
(WAN rights only permitted within the same time zone as the Designated Equipment, or if outside the Americas, within the same country), (3) “Region” (WAN rights only permitted within the specific Region selected with access through
Designated Equipment in the Region). and (4) “Multi-Region” (WAN rights permitted in more than one Region as selected by Customer). Customer’s WAN selection will be determined at time of selection of the Licensed Materials. The
available Regions for such Multi-Region WAN rights are: (1) the Americas, (2) Europe and Middle East, (3) India, and (4) Australia and Asia (excluding Japan). 

The parties hereby agree to the foregoing terms and conditions. 

 

											
	CUSTOMER: INPHI CORPORATION	 		 	CADENCE DESIGN SYSTEMS, INC.

											
						
	 By:
	 	 /s/ John S. Edmunds
	 		 	 By:
	 	  
	 	

											
	 Name:
	 	   John S. Edmunds
	 		 	 Name:
	 	 Gabrielle L. Walker
	 	

											
	 Title:
	 	   CFO
	 		 	 Title:
	 	 Associate General Counsel
	 	

											
	 Date:
	 	   12/10/10
	 		 	 Date:
	 	  
	 	

 Please return originals to: 
 Cadence Design Systems, Inc. 
 Attn: Gabrielle L. Walker 

Associate General Counsel 
 2655 Seely Avenue 
 San Jose, CA 95134 

  

					
	  
 Product Quotation eDAcard Platinum (SLMA)
3-22-10
	  	3	  	

 CONFIDENTIAL MATERIAL REDACTED AND FILED SEPARATELY WITH THE COMMISSION. 

REDACTED MATERIAL IS MARKED WITH ASTERISKS (“***”). 
 Addendum A To Attachment B 
 to the Software License and Maintenance
Agreement SLMA-071NPHO629 
  

					
	 3rd Party & Exception
Product(s)
	  	 Discount(s)
	 	  
	 72010;
RET MaskWeaver Base Level
	  	***%	 	 
	 72011:
RET Scatter Bar OPC
	  	***%	 	 
	 72014;
RET Model-based OPC
	  	***%	 	 
	 72015;
RET ModelTuner
	  	***%	 	 
	 72017;
RET MaskWeaver MultiThreading
	  	***%	 	 
	 72018;
RET MaskWeaver Distributed Processing ModelServer Pack
	  	***%	 	 
	 72019;
RET CPL Gate Mask Synthesis
	  	***%	 	 
	 72020;
Virtuoso Phase Designer
	  	***%	 	 
	 72021;
RET DDL Gate Mask Synthesis
	  	***%	 	 
	 72023;
Virtuoso RET Analyser (VRA)
	  	***%	 	 
	 72024;
RET MaskWeaver Hitachi 700 Fracture Option
	  	***%	 	 
	 72025;
RET MaskWeaver Hitachi HL-800 Fracture Option
	  	***%	 	 
	 72026;
RET MaskWeaver Hitachi HL-950 Fracture Option
	  	***%	 	 
	 72027;
RET MaskWeaver VSB1 1 Fracture Option
	  	***%	 	 
	 72030;
RET LithoCruiser with GUI Option
	  	***%	 	 
	 72031;
RET LithoCruiser without GUI Option
	  	***%	 	 
	 72032;
RET LithoCruiser AutoRuleOPC
	  	***%	 	 
	 72034;
Virtuoso RET Designer (VRD)
	  	***%	 	 
	 72035;
Virtuoso RET Designer -DP (VRD-DP)
	  	***%	 	 
	 72036;
Virtuoso RET Verifier
	  	***%	 	 
	 72037;
Virtuoso RET Verifier DP (VRV DP)
	  	***%	 	 
	 72039;
Virtuoso(R) RET Imager
	  	***%	 	 
	 CPS100;
Cadence InCyte Chip Estimator L
	  	***%	 	 
	 CPS200;
Cadence InCyte Chip Estimator XL
	  	***%	 	 
	
CPS200UG1; Upgrade from Cadence InCyte Chip Estimator L to XL
	  	***%	 	 
	 PA1220;
Allegro(R) Design Publisher - XL
	  	***%	 	 
	 PA8210;
Allegro FPGA System Planner - L
	  	***%	 	 
	 PA8215;
Allegro FPGA System Planner Two FPGA Option - L
	  	***%	 	 
	 PA8610;
Allegro FPGA System Planner - XL
	  	***%	 	 
	
PA8610UG1; Upgrade from PA8210 to PA8610
	  	***%	 	 
	
PA8610UG2; Upgrade from PA8210 + PA8215 to PA8610
	  	***%	 	 
	 PA8630;
Allegro FPGA System Planner - GXL
	  	***%	 	 
	
PA8630UG1; Upgrade from PA8610 to PA8630
	  	***%	 	 

 Inphi Corporation               
 Initials:   JSE     

  
 1 of 1

 CONFIDENTIAL MATERIAL REDACTED AND FILED SEPARATELY WITH THE COMMISSION. 

REDACTED MATERIAL IS MARKED WITH ASTERISKS (“***”). 
 Product Quotation 
 eDAcard 

Attachment C to the Software License and Maintenance Agreement 
 SLMA-071NPH0629 (“Agreement”) 
 eDAcard PLATINUM number: TBD

 Quotation number: INPH1_101111_DEW 
 Quotation Expiration Date: 31-Dec-10 
  

							
	 Inphi Corporation (“CUSTOMER”)
 Robb Johnson
 112 S. Lakeview Canyon Road. Suite 100

Westlake Village, CA91362
	  	 Inphi Corporation
 Ship-To
Address: 79%
 112 S. Lakeview Canyon Road. Suite 100
 Westlake Village, CA91362
	  	 Inphi Corporation
 Bill-To
Address:
 112 S. Lakeview Canyon Road. Suite 100
 Westlake Village, CA91362
	  	 Cadence Design Systems, Inc.
 2655 Seely Avenue
 San Jose, CA 94234

Attachment Effective Date: 30-June-11 
 Attachment Expiry Date: *** 
  

					
	eDAcard PLATINUM	  	 	 	 
	eDAcard Activation Period:	  			 
	Activation Period Effective Date           30-Jun-11	  			 
	Activation Period Expiry date:              ***	  			 
	Termination Date:
                                 ***	  	$	5,000,000	  
	eDAcard Balance:	  			 
	eDAcard Site(s):	  			 
	Distribution of eDAcard Balance:	  			 
	The following authorized users & specific site(s) will be issued eDAcard(s) as indicated below:	  			 
	Robb Johnson – Wesstlake Village, CA 91362    
$5,000,000                     rjohnson@inphi-corp.com	  			 

							
	  
  

Note:
  
	 	 eDAcard WAN Premium ***% LOCAL:***% REGION, ***% MULTI-REGION

eDAcard Discount Rate: ***%
 The Licensed Materials may be drawn down at their respective list price less ***% discount
 except for the Licensed Materials listed in Addendum A.
 The Licensed Materials
Listed in Addendum A may be drawn down at their respective list
 price less the applicable discount set forth in Addendum
A.
	  			 
	 eDAcard PLATINUM
number                   TBD    
 eDAcard Fees
	  	$	5,000,000	  

 

					
	 Payment Terms
	  	 	Total    	  
	 Total Fees Due
	  	$	5,000,000	  

 

									
	Payment Schedule	  	 	  	 	  	 	  	 
	 				 
	Payment	  	Invoice Date	  	Due Date	  	Total Amount	  	 
	1	  	 ***
	  	***	  	$***	  	 
	2	  	***	  	***	  	$***	  	 
	3	  	***	  	***	  	$***	  	 
	4	  	***	  	***	  	$***	  	 
	5	  	***	  	***	  	$***	  	 
	6	  	***	  	***	  	$***	  	 
	7	  	***	  	***	  	$***	  	 
	8	  	***	  	***	  	$***	  	 
	9	  	***	  	***	  	$***	  	 
	10	  	***	  	***	  	$***	  	 
	Total [USD]	  	 	  	 	  	$***	  	 

 Additional Ship-To addresses provided by CUSTOMER with estimated percentage expected Use: 
 3945
Freedom Circle Suite 11D, Santa Clara, CA 95054     21% 
  

			
	 The parties hereby agree to the foregoing terms and conditions

In addition to the terms and conditions attached hereto which are hereby incorporated by
reference.
	  	 Inphi Corporation

Initials:   JSE

                                  
                

  

					
	Cadence Design Systems Confidential	 	Product Quotation	 	12/23/2010 9:17 AM
		 	Page 16	 	

 Product Quotation 

Terms and Conditions 
 For Floating Pool 
 eDAcard License Model 

This Product Quotation Attachment (“Attachment”), which is appended to the Software License and Maintenance Agreement
referenced on page 1 of this Attachment (“Agreement”), contains the terms and conditions for Customer’s Use of Licensed Materials based upon Cadence’s eDAcard Platinum licensing model. This Attachment is a
Product Quotation as defined in the Agreement. All capitalized terms not otherwise defined herein shall have the same meaning as ascribed to them in the Agreement. In the event of any conflict between the terms of the Agreement and the terms of this
Attachment, the terms of the Agreement shall prevail. 
  

	A.	 eDAcard LICENSING MODEL 

  

	1.	 Availability of Licensed Materials: Cadence’s eDAcard licensing model establishes a mechanism whereby Customer may access, select
and Use Licensed Materials through Cadence’s web site (“eDAcard Web Site”) during the eDAcard activation period. The activation period is defined as beginning on the Activation Period Effective Date and ending on the Activation
Period Expiry Date (“eDAcard Activation Period”) as set forth on page 1 of this Attachment. Use of the Licensed Materials will be pursuant to the terms and conditions of the Agreement and this Attachment. A list of the
available Licensed Materials can be viewed on the eDAcard Web Site. The Term of Use for licenses for the Licensed Materials, which includes Maintenance Services, can be selected for a pre-determined duration (i.e. weekly, monthly, quarterly, yearly
or any combination thereof). In no event, however, shall the Term of Use for any Licensed Materials licensed during the eDAcard Activation Period extend beyond the Attachment Expiry Date. 

 

	2.	 Licensed Materials: Customer shall only Use Licensed Materials available through the eDAcard Web Site. 

 

	3.	 Accessibility of Licensed Materials: Within the later of five (5) days after: (i) the Activation Period Effective Date or,
(ii) execution of this Attachment by Cadence, Cadence shall activate and forward an eDAcard number (“eDAcard number”) to those Customer employees who will be allowed to access the eDAcard Web Site (“Authorized
Users”). Upon account activation, the Authorized Users will be issued individual login names and passwords (“Authorized User ID”) to be used in conjunction with the eDAcard Number. The Authorized User ID will allow the
Authorized Users access to the Licensed Materials on the eDAcard Web Site. Following the Authorized Users selection of Licensed Materials over the eDAcard Web Site, the applicable Fees will be deducted from the eDAcard Balance set forth on
page 1 of this Attachment. Customer shall be provided with instructions on how to obtain an authorization key for the Licensed Materials. The ability of the Authorized Users to access the eDAcard Web Site for the purpose of selecting additional
Licensed Materials shall terminate on the earlier of: (i) the depletion of the eDAcard Balance; (ii) the Activation Period Expiry Date set forth on page 1 of this Attachment; or (iii) termination of the Agreement pursuant to
Section 5 (Term and Termination) thereof. 

  

	4.	 eDAcard Balance: The Fee structure for Use of the Licensed Materials implementing the eDAcard licensing model is set forth on the Cadence
eDAcard Datasheet available on the eDAcard Web Site. The Fees are based upon the one year time-based license (“TBL”) reference price, The Licensed Materials price is then adjusted per the eDAcard rate table set forth in the
eDAcard Datasheet based upon: (1) the type of Licensed Materials licensed plus any applicable regional list price adjustments, and (2) the Term of Use. Finally, the applicable Customer discount is applied to arrive at the final Fee for the
applicable Licensed Materials. The dollar value as set forth in the eDAcard Balance on page 1 of this Attachment represents the amount the Customer has allocated for selecting and Using Licensed Materials accessing the eDAcard Web Site. Upon
selection of both the Licensed Materials and the Term of Use, the Fee shall be automatically calculated and debited from the remaining eDAcard Balance. Customer may continue to access the eDAcard Web Site for the purpose of selecting additional
Licensed Materials until the eDAcard Balance is depleted. Customer shall forfeit any remaining portion of the eDAcard Balance not utilized during the eDAcard Activation Period. The TBL price for Licensed Materials and/or the eDAcard rate table may
be modified at any time by Cadence. 

  

	5.	 General Terms: Customer is solely responsible for: (i) managing its Authorized Users; and (ii) maintaining the security of
all passwords, user IDs and access keys made available by Cadence. Customer acknowledges and 

  

					
	Product Quotation eDAcard Platinum (SLMA) 3-22-10-MA	  	17	  	

	 	 
agrees that any person who enters an Authorized User ID will be presumed by Cadence to be an Authorized User and have the power and authority to bind Customer to the terms of this Attachment and
the Agreement. Cadence will not be under any obligation to verify the identity of any such person. Customer agrees that an order placed through the eDAcard Web Site is the equivalent of a signed purchase order. Customer shall have the right to
change, add, or delete Authorized Users upon prior written notice to Cadence. In no event are any licenses issued hereunder cancelable nor are any Fees payable hereunder refundable. Customer hereby waives any future challenge to the validity and
enforceability of any order submitted via the eDAcard licensing model on the grounds that it was electronically transmitted and authorized. Customer is responsible for all costs and charges, including without limitation, phone charges and
telecommunications equipment, incurred in order to use the eDAcard licensing model. 

  

	B.	 MAINTENANCE SERVICES 

 Maintenance Services are provided by Cadence during the Term of Use. 
  

	C.	 PAYMENT SCHEDULE 

 Customer shall remit payment for the Fees in accordance with the schedule set forth on page 1 of this Attachment. Notwithstanding the foregoing, in the event that the eDAcard Balance is depleted and
the Term of Use for all Licensed Materials ends prior to the Activation Period Expiry Date, any remaining payments shall become due and payable immediately upon the expiration of the Term of Use for all licensed Materials. Customer understands and
agrees that the obligation to make payments hereunder is not contingent upon a purchase order being issued by Customer. If required by Cadence, the obligation to pay the Fees shall be additionally evidenced by an Installment Payment Agreement
(“IPA”) executed by Customer. 
  

	D.	 WIDE AREA NETWORK 

 Subject to Section 13.2 (Export) of the Agreement and payment of any applicable Fees, Customer is granted the right to allow its employees to remotely access the Licensed Materials through a wide
area network (“WAN”). Customer may select the following options for WAN rights at the time of acquiring the Licensed Materials under this Attachment: (1) “None” (no WAN rights permitted), (2) “Local”
(WAN rights only permitted within the same time zone as the Designated Equipment, or if outside the Americas, within the same country), (3) “Region” (WAN rights only permitted within the specific Region selected with access through
Designated Equipment in the Region), and (4) “Multi-Region” (WAN rights permitted in more than one Region as selected by Customer). Customer’s WAN selection will be determined at time of selection of the Licensed Materials. The
available Regions for such Multi-Region WAN rights are: (1) the Americas, (2) Europe and Middle East, (3) India, and (4) Australia and Asia (excluding Japan). 

The parties hereby agree to the foregoing terms and conditions. 

 

											
	CUSTOMER: Inphi Corporation	  		  	CADENCE DESIGN SYSTEMS, INC.	  	

											
						
	By:	  	   /s/ John S. Edmunds
	  		  	By:	  	  
	  	

											
	Name:	  	   John S. Edmunds
	  		  	Name:	  	 Gabrielle L. Walker
	  	

											
	Title:	  	       CFO
	  		  	Title:	  	 Associate General Counsel
	  	

											
	Date:	  	       12/22/10
	  		  	Date:	  	  
	  	

  

					
	Product Quotation eDAcard Platinum (SLMA) 3-22-10-MA	  	18	  	

			
	 Cadence Design Systems (Ireland) Ltd.
	 	
	 Block P3, East Point Business Park,
	 	
	 Fairview, Dublin 3, Ireland
	 	
		
	
By:                       
                                         
        
	 	
		
	
Name:                       
                                         
   
	 	
		
	
Title:                       
                                         
     
	 	
		
	
Date:                       
                                         
     
	 	

 Please return originals to: 
 Cadence Design Systems, Inc. 
 Attn: Gabrielle L. Walker 

Associate General Counsel 
 2655 Seely Avenue

 San Jose, CA 95134 

  

					
	Product Quotation eDAcard Platinum (SLMA) 3-22-10-MA	  	19

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