Document:

Non-qualified Stock Option Agreement

 Exhibit 10.2 
  
 ON SEMICONDUCTOR CORPORATION 
 2000 STOCK INCENTIVE PLAN 
 NON-QUALIFIED STOCK OPTION AGREEMENT 
  
 (Form of Agreement for William George) 
  
 This Option Agreement (“Option Agreement”) is made and entered into
by and between ON Semiconductor Corporation (“Company”) and William George (“Optionee”), as of the      day of             ,
20     (“Date of Grant”). 
  
 RECITALS 
  
 A. The Board of Directors of
the Company has adopted the ON Semiconductor Corporation (formerly known as SCG Holding Corporation) 2000 Stock Incentive Plan, as amended from time to time (the “Plan”), as an incentive to retain key employees, officers, and consultants
of the Company and to enhance the ability of the Company to attract new employees, officers and consultants whose services are considered unusually valuable by providing an opportunity for them to have a proprietary interest in the success of the
Company. 
  
 B. The Board has approved the granting of
options to the Optionee pursuant to the Plan to provide an incentive to the Optionee to focus on the long-term growth of the Company. 
  
 In consideration of the mutual covenants and conditions hereinafter set forth and for other good and valuable consideration, the receipt and sufficiency
of which are hereby acknowledged, the Company and the Optionee agree as follows: 
  
 1. Grant of Option. The Company hereby grants to the Optionee the right and option (hereinafter referred to as the “Option”) to purchase an aggregate of
                     shares (such number being subject to adjustment as provided in paragraph 11 hereof and Section 14 of the Plan) of the
Common Stock of the Company (the “Stock”) on the terms and conditions herein set forth. This Option may be exercised in whole or in part and from time to time as hereinafter provided. The Option granted under this Agreement is not
intended to be an “incentive stock option” as set forth in Section 422 of the Internal Revenue Code of 1986, as amended. To the extent not specifically provided herein, capitalized terms not specifically defined herein shall have the
meanings set forth in Optionee’s employment agreement, as most recently amended on                     
         20    , (“Employment Agreement”). To the extent not specifically defined herein or in the Employment Agreement, all capitalized terms used in this Option
Agreement shall have the meanings set forth in the Plan. 
  
 2.
Vesting of Option. The Option shall fully vest and become immediately exercisable on the one year anniversary of the Date of Grant; provided, however, that notwithstanding any other provision of this Option Agreement, the entire unvested
portion of the Option shall be fully vested and exercisable at the earlier of (i) the Scheduled Termination Date, or (ii) the date employment with the Company is terminated Without Cause or for Good Reason. 
  
 3. Purchase Price. The price at which the Optionee shall be
entitled to purchase the Stock covered by the Option shall be $         per share (i.e., the closing price of the Company’s common stock on the Date of Grant). 

 4. Term of Option. The Option granted under this Agreement shall expire, unless otherwise
exercised, ten (10) years from the Date of Grant, through and including the normal close of business of the Company on                     
        , 20     (“Expiration Date”), subject to earlier termination as provided in paragraph 8 hereof. 
  
 5. Exercise of Option. The Option may be exercised by the Optionee as to all or any part of the Stock then
vested by delivery to the Company of written notice of exercise and payment of the purchase price as provided in paragraphs 6 and 7 hereof. 
  
 6. Method of Exercising Option. Subject to the terms and conditions of this Option Agreement, the Option may be exercised by timely delivery
to the Company of written notice, which notice shall be effective on the date received by the Company (“Effective Date”). The notice shall state the Optionee’s election to exercise the Option, the number of shares in respect of which
an election to exercise has been made, the method of payment elected (see paragraph 7 hereof), the exact name or names in which the shares will be registered and the Social Security number of the Optionee. Such notice shall be signed by the Optionee
and shall be accompanied by payment of the purchase price of such shares. In the event the Option shall be exercised by a person or persons other than Optionee pursuant to paragraph 8 hereof, such notice shall be signed by such other person or
persons and shall be accompanied by proof acceptable to the Company of the legal right of such person or persons to exercise the Option. All shares delivered by the Company upon exercise of the Option shall be fully paid and nonassessable upon
delivery. 
  
 7. Method of Payment for Options.
Payment for shares purchased upon the exercise of the Option shall be made by the Optionee in cash, previously-acquired Stock held for more than six (6) months (through actual tender or by attestation), broker-assisted cashless exercise arrangement,
or such other method permitted by the Board and communicated to the Optionee in writing prior to the date the Optionee exercises all or any portion of the Option. 
  
 8. Termination of Employment or Services. 
  
 8.1 Option Exercise on Termination. If the Optionee terminates employment or otherwise ceases to perform services
for the Company for any reason other than those described below, then the Optionee may at any time within ninety (90) days after the effective date of termination of employment or services exercise the Option to the extent that the Optionee was
entitled to exercise the Option at the date of termination, provided that the Option shall lapse immediately upon a termination for Cause. In no event shall the Option be exercisable after the Expiration Date. 
  
 8.1(a) Notwithstanding any other provision to the contrary in this
Option Agreement, in the event Optionee’s employment terminates (i) due to his retirement on or after the Scheduled Termination Date, (ii) on account of the termination of his employment Without Cause or for Good Reason or (iii) as a result of
his death (“Qualifying Termination”), the vested portion of his Option on the date his employment terminates will remain fully exercisable until the first to occur of (1) the last day of the five-year period immediately following such
termination of employment or (2) the tenth anniversary of the grant date of the Option. 
  

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 8.2 Disability of Optionee. In the event of the Disability (as that term is defined in the Plan)
of the Optionee within a period during which the Option, or any part thereof, could have been exercised by the Optionee, including ninety (90) days after termination of employment or services (the “Option Period”), the Option shall lapse
unless it is exercised within the Option Period and in no event later than twelve (12) months after the date of the Optionee’s Disability by the Optionee or the Optionee’s legal representative or representatives. An Option may be exercised
following the Disability of the Optionee only if the Option was exercisable by the Optionee immediately prior to his Disability. In no event shall the Option be exercisable after the Expiration Date. 
  
 8.3 Death of Optionee. In the event of Optionee’s death, defined
as a Qualifying Termination (see 8.1 above), the Option may be exercised by the person or persons entitled to do so under the Optionee’s last will and testament or if the Optionee fails to make a testamentary disposition of such Option or shall
die intestate, by the person or persons entitled to receive such Option under the applicable laws of descent and distribution. 
  
 8.4 Persons Exercising the Option. The Board shall have the right to require evidence satisfactory to it of the rights of any person or persons
seeking to exercise the Option under this paragraph 8 to exercise the Option. 
  
 9. Nontransferability. The Option granted by this Option Agreement shall be exercisable only during the term of the Option provided in paragraph 4 hereof and, except as provided in paragraph 8 above,
only by the Optionee during his lifetime and while an Optionee of the Company. Except as otherwise permitted by the Committee, this Option shall not be transferable by the Optionee or any other person claiming through the Optionee, either
voluntarily or involuntarily, except by will or the laws of descent and distribution. 
  
 10. Market Stand-off Agreement. The Optionee, if requested by the Company and an underwriter of Stock (or other securities) of the Company, agrees not to sell or otherwise transfer or dispose of any
Stock (or other securities) of the Company held by the Optionee during the period not to exceed one-hundred eighty (180) days as requested by the managing underwriter following the effective date of a registration statement of the Company filed
under the Securities Act. Such agreement shall be in writing in a form satisfactory to the Company and such underwriter. The Company may impose stop transfer instructions with respect to the Stock (or other securities) subject to the foregoing
restriction until the end of such project. 
  
 11.
Adjustments in Number of Shares and Option Price. In the event of a stock dividend or in the event the Stock shall be changed into or exchanged for a different number or class of shares of stock of the Company or of another corporation,
whether through reorganization, recapitalization, stock split-up, combination of shares, merger or consolidation, there shall be substituted for each such remaining share of Stock then subject to this Option the number and class of shares of stock
into which each outstanding share of Stock shall be so exchanged, all without any change in the aggregate purchase price for the shares then subject to the Option, all as set forth in Section 14 of the Plan. 
  

 3 

 12. Delivery of Shares. No shares of Stock shall be delivered upon exercise of the
Option until (i) the purchase price shall have been paid in full in the manner herein provided; (ii) applicable taxes required to be withheld have been paid or withheld in full; (iii) approval of any governmental authority required in connection
with the Option, or the issuance of shares thereunder, has been received by the Company; and (iv) if required by the Board, the Optionee has delivered to the Board an Investment Letter in form and content satisfactory to the Company as provided in
paragraph 13 hereof. 
  
 13. Securities Act. The
Company shall not be required to deliver any shares of Stock pursuant to the exercise of all or any part of the Option if, in the opinion of counsel for the Company, such issuance would violate the Securities Act of 1933 or any other applicable
federal or state securities laws or regulations. The Board may require that the Optionee, prior to the issuance of any such shares pursuant to exercise of the Option, sign and deliver to the Company a written statement (“Investment
Letter”) stating (i) that the Optionee is purchasing the shares for investment and not with a view to the sale or distribution thereof; (ii) that the Optionee will not sell any shares received upon exercise of the Option or any other shares of
the Company that the Optionee may then own or thereafter acquire except either (a) through a broker on a national securities exchange or (b) with the prior written approval of the Company; and (iii) containing such other terms and conditions as
counsel for the Company may reasonably require to assure compliance with the Securities Act of 1933 or other applicable federal or state securities laws and regulations. Such Investment Letter shall be in form and content acceptable to the Board in
its sole discretion. 
  
 14. Copy of Plan. By the
execution of this Agreement, the Optionee acknowledges receipt of a copy of the Plan. 
  
 15. Administration. This Option Agreement shall at all times be subject to the terms and conditions of the Plan and the Plan shall in all respects be administered by the Board in accordance with the
terms of and as provided in the Plan. The Board shall have the sole and complete discretion with respect to all matters reserved to it by the Plan and decisions of the majority of the Board with respect thereto and to this Option Agreement shall be
final and binding upon the Optionee and the Company. In the event of any conflict between the terms and conditions of this Option Agreement and the Plan, the provisions of the Plan shall control. 
  
 16. Continuation of Employment or Services. This Option
Agreement shall not be construed to confer upon the Optionee any right to continue in the employ of, or providing services to, the Company and shall not limit the right of the Company, in its sole discretion, to terminate the employment or services
of the Optionee at any time. 
  
 17. Obligation to
Exercise. The Optionee shall have no obligation to exercise any option granted by this Agreement. 
  
 18. Governing Law. This Option Agreement shall be interpreted and administered under the laws of the State of Delaware. 
  
 19. Amendments. This Option Agreement may be amended only by a
written agreement executed by the Company and the Optionee. The Company and the Optionee acknowledge that changes in federal tax laws enacted subsequent to the Date of Grant, and 

  

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applicable to stock options, may provide for tax benefits to the Company or the Optionee. In any such event, the Company and the Optionee agree that this
Option Agreement may be amended as necessary to secure for the Company and the Optionee any benefits that may result from such legislation. Any such amendment shall be made only upon the mutual consent of the parties, which consent (of either party)
may be withheld for any reason. 
  
 IN WITNESS WHEREOF, the
Company has caused this Option Agreement to be signed by its duly authorized representative and the Optionee has signed this Option Agreement as of the date first written above. 
  

			
	ON SEMICONDUCTOR CORPORATION
		
	By:	 	  

	Name:	 	  

	Its:	 	  

	
	WILLIAM GEORGE (OPTIONEE)
		
	By:	 	  

  

 5Employment Agreement

 Exhibit 10.1 
  
 February 14, 2005 
  
 This Agreement (“Agreement”), dated as of February 14, 2005, is between Sharper Image Corporation (“Company”) and Jeffrey Nachbor
(“Executive”). 
  
 1. Employment Period. 
  
 Basic Term. Company shall employ Executive from the date of this
Agreement for a three year period which may be terminated at-will in accordance with this Agreement. The term of employment under the terms of this Agreement shall automatically be extended for successive one-year periods after your third year
anniversary, unless Company or you elect, by written notice delivered to the other not later than sixty (60) days prior to the start of any such one-year period, not to renew the term of this Agreement. 
  
 2. Position and Responsibilities. 
  
 (a) Position. Executive accepts employment with Company as its Chief
Financial Officer and shall perform all duties and responsibilities appropriate to that position. The Company may change, add to or delete from the Executive’s duties at its sole discretion. Excluding any periods of absence due to vacation or
illness to which Executive may be entitled, he shall devote his best efforts and full-time attention to the performance of his duties. 
  
 (b) Outside Activity. Except upon the prior written consent of Company, Executive (during his employment with Company) shall not (i) accept any
other employment; or (ii) engage, directly or indirectly, in any other business, commercial, or professional activity (whether or not pursued for pecuniary advantage) that is or may be competitive with the Company, create a conflict of interest with
Company, or interfere with the business of Company, or with any of its affiliates (direct or indirect) or subsidiaries (collectively, “Affiliates”). 
  

(c) Location. The Company anticipates that Executive’s office will be located at the Company’s headquarters, presently in San
Francisco, California. 
  
 3. Compensation and Benefits. 
  
 (a) Base Salary. Executive’s base salary during his first 12
months of employment shall be at the bi-weekly rate of $11,538.46 (which annualized equals $300,000 per year). This base 

 salary may change in the discretion of the Company after the first 12 months of employment. Salary shall be paid in
accordance with the Company’s regular payroll practices and is subject to applicable withholding taxes. 
  
 (b) Relocation Allowance. Executive will receive a relocation allowance of $150,000 (less the applicable withholdings and deductions) which will be
paid to Executive within 30 days of the start date of Executive’s employment. This is intended to attract Executive to the Company, recognize that Executive’s moving expenses are not being reimbursed by Company, and (most importantly)
induce Executive to remain with the Company for a minimum of one year. Should Executive leave the Company’s employ within one year of his start date for any reason other than termination by the Company without Cause or Executive’s death or
disability, the $150,000 allowance shall be repaid to the Company within 30 days of his date of termination. 
  
 (c) Target Bonus. Based upon the fiscal year 2/1/05 – 1/31/06 performance of the Executive and the Company, Executive will be eligible to
receive an annual bonus so long as the Executive remains continuously employed by Company through the end of the fiscal year. If the Executive’s employment is terminated for Cause under Section 4(c) or executive terminates his employment, no
bonus shall be payable. The target bonus for Executive’s first year of employment is forty percent (40%) of Executive’s base salary, subject to the approval of the Board of Directors. The Company reserves the right to amend, modify or
delete the Target Bonus in subsequent years in its sole discretion. 
  
 (d) Share Options. Executive will be eligible for 40,000 options of common shares of Sharper Image Corporation, subject to the approval of the Compensation Committee in accordance with standard Company practices (e.g., its stock
option plan), and subject to the Company’s normal vesting schedule of 20% vesting every January 31, beginning
(in this instance) on January 31, 2006. Such options will have an exercise price equal to the fair market value of a
share of Sharper Image common stock on the grant date. 
  
 (e)
Benefits. Executive shall be entitled to receive benefits pursuant to the terms of the Company’s applicable benefit plans generally made available to similarly situated associates (as these policies may be amended by Company in its sole
discretion). The amount and extent of benefits to which Executive is entitled (e.g., medical and dental coverage) shall be governed by each specific benefit plan. 
  
 (f) Expense Allowance. Company shall reimburse Executive for reasonable and necessary travel and other business
expenses incurred by Executive in the performance of his duties, in accordance with such procedures as may be established and amended from time to time by Company. Executive agrees to comply with the procedures established by Company in seeking
reimbursement for business expenses. Company also will reimburse Executive for his reasonable temporary travel and living expenses through June 30, 2005. 
  
 (g) Vacation. Executive shall accrue four weeks vacation per the company’s policy, 150 hours of vacation during each full year of employment.
Vacation time is earned on a pro-rata basis and there is a maximum cap on earned but unused vacation of eight (8) weeks, 300 hours. 

 4. Termination of Employment. 
  
 (a) By Death. Executive’s employment shall terminate upon his death. In the event of such termination, Company
shall: (i) pay to Executive’s estate the salary to which Executive was entitled through date of termination; (ii) pay to Executive’s estate any unpaid but earned bonus awarded Executive under this Agreement; (iii) reimburse
Executive’s estate for any outstanding reasonable business expenses incurred by Executive prior to his death. Thereafter, Company’s obligations under this Agreement shall terminate, other than as set forth in the terms of the stock
options. This Section shall not affect entitlement of Executive’s estate or beneficiaries to death benefits under any benefit plan or policy provided to Executive by Company. 
  
 (b) By Disability. This Agreement shall terminate as of the end of the calendar month in which Executive is and has
been during each of the immediately preceding two (2) or more consecutive whole calendar months unable to perform his duties under this Agreement because of mental or physical illness or injury. In the event of such termination, Company shall: (i)
pay Executive the salary to which he is entitled through the date of termination; (ii) pay any unpaid but earned bonus awarded to Executive under Section 3(c); and (iii) reimburse Executive for any outstanding reasonable business expenses incurred
by Executive prior to such termination. Thereafter, the obligations of Company shall terminate, other than as set forth in the terms of the stock options. This Section shall not in any way diminish Executive’s right to receive disability
insurance proceeds, if any 
  
 (c) By Company For Cause.
Company may terminate Executive’s employment for Cause without notice and without liability at any time. In the event of such termination, Company shall: (i) pay Executive the base salary to which he is entitled through the date of termination;
and (ii) pay any outstanding reasonable business expenses incurred by Executive under this Agreement. Thereafter, the obligations of Company shall terminate. 
  
 (d) By Company Other Than For Cause. Company may terminate Executive’s employment at-will at any time. In the event of such termination,
Company shall: (i) pay Executive the base salary to which he is entitled through the date of termination; and (ii) pay any outstanding reasonable business expenses incurred by Executive under this Agreement. In addition, if Executive is terminated
without Cause (and not due to death or disability) during his first 12 months of employment, Company will pay Executive a lump sum of $300,000 less the usual and customary withholdings and deductions within 30 days of such termination, or such
period of time required by Section 409(a) of the Internal Revenue Code. If Executive is terminated without Cause (and not due to death or disability) after the first 12 months of employment, Company will pay Executive a lump sum equal to six months
base salary at the time of termination, less the applicable withholdings and deductions, within 30 days of such termination or such period of time required by Section 409(a) of the Internal Revenue Code. Thereafter, the obligations of Company shall
terminate, other than as set forth in the terms of the stock options 
  
 (e) Definition of Cause. For purposes of this section, “Cause” for termination is defined as (A) misconduct, insubordination or serious negligence in the performance of duties; (B) a material act of dishonesty or fraud or
other act of moral turpitude; (C) conduct by Executive that adversely affects the Company’s standing, image or reputation, such as the use of drugs prohibited by law or the consumption of alcohol at an inappropriate level; (D) serious violation
of Company rules or regulations; or (E) any conviction of any law which impedes Executive’s performance or which damages the standing, image or reputation of the Company. 

 (f) Termination Obligations. 
  
 (i) Executive agrees that all property, including, without limitation, all equipment, tangible proprietary information,
confidential information, documents, records, notes, contracts, and computer-generated materials furnished to or prepared by Executive incident to his employment belongs to Company and shall be returned promptly to Company upon termination of
Executive’s employment. Executive’s obligations under this subsection shall survive the termination of his employment and the expiration of this Agreement. 
  
 (ii) All benefits to which Executive is otherwise entitled shall cease upon his termination, unless explicitly continued
either under this Agreement or under any specific written policy or benefit plan of Company. 
  
 (iii) The representations and warranties contained in this Agreement and Executive’s obligations under this Section 4(f) and under Section 5 (regarding Proprietary Information), and the parties’ obligations
under Section 6 (regarding Arbitration), shall survive the termination of the employment and the expiration of this Agreement. 
  
 5. Confidential Information. As part of this Agreement with the Company, Executive shall be bound by the Confidentiality Agreement which is attached hereto. The
terms of the Confidentiality Agreement shall survive Executive’s termination of employment as applicable. 
  
 6. Arbitration. 
  
 (a)
All Disputes. All disputes between Executive (and his attorneys, successors, and assigns) and Company (and its affiliates, subsidiaries, shareholders, directors, officers, associates, agents, successors, attorneys, and assigns) arising out of
or relating in any manner whatsoever to the employment or termination of Executive, including, without limitation, all disputes arising under this Agreement, (“All Claims”) shall be resolved by arbitration. All persons and entities
specified in the preceding sentence (other than Company and Executive) shall be considered third-party beneficiaries of the rights and obligations created by this provision on Arbitration. All Claims shall include, but are not limited to, contract
(express or implied) and tort claims of all kinds, as well as all claims based on any federal, state, or local law, statute, or regulation, excepting only claims under applicable workers’ compensation law and unemployment insurance claims. By
way of example and not in limitation of the foregoing, All Claims shall include any claims arising under Title VII of the Civil Rights Act of 1964, the Age Discrimination in Employment Act, the Americans with Disabilities Act, the California Fair
Employment and Housing Act, as well as any claims asserting wrongful termination, breach of contract, breach of the covenant of good faith and fair dealing, negligent or intentional infliction of emotional distress, negligent or intentional
misrepresentation, negligent or intentional interference with contract or prospective economic advantage, defamation, invasion of privacy, and claims related to disability. The location of the arbitration shall be held at San Francisco, California.
Similarly, if any lawsuit is brought (notwithstanding this arbitration provision) by either of the parties against the other, such lawsuit shall be venued in San Francisco, California. 

 (b) Procedure. Arbitration of All Claims shall be before JAMS in accordance with the JAMS
Employment Arbitration Rules and Procedures, as amended, and as augmented in this Agreement. Arbitration shall be final and binding upon the parties and shall be the exclusive remedy for All Claims. Unless prohibited by applicable law, the parties
shall jointly and equally bear the costs of the arbitrator. Either party may bring an action in court to compel arbitration under this Agreement and to enforce an arbitration award. Otherwise, neither party shall initiate or prosecute any lawsuit or
administrative action in any way related to All Claims. Notwithstanding the foregoing, either party may, at its option, seek injunctive relief to preserve its rights. THE PARTIES HEREBY WAIVE ANY RIGHTS THEY MAY HAVE TO TRIAL BY JURY IN REGARD TO
ALL CLAIMS, INCLUDING WITHOUT LIMITATION ANY RIGHT TO TRIAL BY JURY AS TO THE MAKING, EXISTENCE, VALIDITY, OR ENFORCEABILITY OF THE AGREEMENT TO ARBITRATE. 
  
 (c) Confidentiality. All proceedings and all documents prepared in connection with any claims shall be confidential and, unless otherwise required
by law, the subject matter thereof shall not be disclosed to any person other than the parties to the proceedings, their counsel, witnesses and experts, the arbitrator, and, if involved, the court and court staff. 
  
 (d) Continuing Obligations. The rights and obligations of Executive
and Company set forth in this Section on Arbitration shall survive the termination of Executive’s employment and the expiration of this Agreement. 
  
 7. Notices. Any notice or other communication under this Agreement must be in writing and shall be effective upon delivery by hand or three (3) business days after
deposit in the United States mail, postage prepaid, certified or registered, and addressed to the Chief Executive Officer or the President of Company at the Company’s principle place of business or to Executive at the last known address
maintained in Executive’s personnel file. Executive shall be obligated to notify Company in writing of any change in his address. Notice of change of address shall be effective only when done in accordance with this Section. 
  
 8. Action by Company. All actions required or permitted to be taken under this
Agreement by Company, including, without limitation, exercise of discretion, consents, waivers, and amendments to this Agreement, shall be made and authorized only by the Chief Executive Officer or the President, or by his or her representative
specifically authorized to fulfill these obligations under this Agreement. 
  
 9.
Integration. This Agreement is intended to be the final, complete, and exclusive statement of the terms of Executive’s employment by Company. This Agreement supersedes all other prior and contemporaneous agreements and statements,
whether written or oral, express or implied, pertaining in any manner to the employment of Executive, and it may not be contradicted by evidence of any prior or contemporaneous statements or agreements. To the extent that the practices, policies, or
procedures of Company, now or in the future, apply to Executive and are inconsistent with the terms of this Agreement, the provisions of this Agreement shall control. 
  
 10. Amendments. This Agreement may not be amended except by a writing signed by each of the parties. Failure to exercise any right
under this Agreement shall not constitute a waiver of such right. 

 11. Assignment. Executive shall not assign any rights or obligations under this Agreement. Company may, upon prior
written notice to Executive, assign its rights and obligations hereunder. 
  
 12.
Severability. If a court or arbitrator holds any provision of this Agreement to be invalid, unenforceable, or void, the remainder of this Agreement shall remain in full force and effect. 
  
 13. Governing Law. This Agreement shall be governed by and construed in accordance
with the law of the State of California. 
  
 14. Interpretation. This
Agreement shall be construed as a whole, according to its fair meaning, and not in favor of or against any party. By way of example and not in limitation, this Agreement shall not be construed in favor of the party receiving a benefit nor against
the party responsible for any particular language in this Agreement. Captions are used for reference purposes only and should be ignored in the interpretation of the Agreement. 
  
 15. Executive Acknowledgment. Executive acknowledges that he has had the opportunity to consult legal counsel in regard to this
Agreement, that he has read and understands this Agreement, that he is fully aware of its legal effect, and that he has entered into it freely and voluntarily and based on his own judgment and not on any representations or promises other than those
contained in this Agreement. 
  
 The parties have duly executed this Agreement as
of the date first written above. 
  

					
	 EXECUTIVE
	 	Sharper Image Corporation
		
	 /s/ Jeffrey Nachbor

	 	 /s/ Tracy Wan

	 Jeffrey Nachbor
	 	By:	 	Tracy Wan
	 	 	Its:	 	President and Chief Operating Officer
		
	
	 	

	 Date
	 	Date

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