Document:

Form of Change of Control and Severance Agreement with executive officers

 Exhibit 10.6.2 
 AMBARELLA, INC. 
 CHANGE OF CONTROL AND SEVERANCE AGREEMENT

 This Change of Control Severance Agreement (the “Agreement”) is made and entered into by
and between [NAME] (“Executive”) and Ambarella, Inc. (the “Company”), effective as of [DATE], 2009 (the “Effective Date”). 

RECITALS 
 1. It is expected that the Company from time to time will consider the possibility of an acquisition by another company or other change of control. The Board of Directors of the Company (the
“Board”) recognizes that such consideration can be a distraction to Executive and can cause Executive to consider alternative employment opportunities. The Board has determined that it is in the best interests of the Company and its
stockholders to assure that the Company will have the continued dedication and objectivity of Executive, notwithstanding the possibility, threat or occurrence of a Change of Control of the Company. 

2. The Board believes that it is in the best interests of the Company and its stockholders to provide Executive with an
incentive to continue his or her employment and to motivate Executive to maximize the value of the Company upon a Change of Control for the benefit of its stockholders. 

3. The Board believes that it is imperative to provide Executive with certain severance benefits upon Executive’s
termination of employment following a Change of Control. The Board further believes that it is imperative to provide Executive with certain severance benefits if the Company were to terminate Executive’s employment without cause during the term
of this Agreement. These benefits will provide Executive with enhanced financial security and incentive and encouragement to remain with the Company notwithstanding the possibility of a Change of Control. 

4. Certain capitalized terms used in the Agreement are defined in Section 7 below. 

AGREEMENT 
 NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties hereto agree as follows: 
 1. Term of Agreement. This Agreement will continue indefinitely until terminated by written consent of the parties hereto. Notwithstanding the previous sentence, if Executive becomes entitled to
benefits pursuant to Section 3 of this Agreement, the Agreement will terminate when all of the obligations of the parties hereto with respect to this Agreement have been satisfied. 

2. At-Will Employment. The Company and Executive acknowledge that Executive’s employment is and will continue
to be at-will, as defined under applicable law. If Executive’s employment terminates for any reason, Executive will not be entitled to any payments, benefits, damages, awards or compensation other than as provided by this Agreement,

 
or pursuant to the Company’s policies in place at the time of the termination (to the extent applicable) and the payment of accrued but unpaid wages, as required by law, and any unreimbursed
reimbursable expenses. 
 3. Severance Benefits. 

(a) Termination without Cause Apart From a Change of Control. If the Company terminates Executive’s
employment with the Company without Cause, and such termination occurs either prior to three (3) months before or after twelve (12) months following a Change of Control, and Executive signs and does not revoke a release of claims with the
Company as required by Section 4 and resigns as a member of the Board, if applicable, effective no later than thirty (30) days following Executive’s termination, then Executive will receive the following from the Company: 

(i) Accrued Compensation. The Company will pay Executive all accrued but unpaid vacation, expense reimbursements,
wages, any earned (but yet unpaid) bonus or commission and other benefits due to Executive under any Company-provided plans, policies, and arrangements. 
 (ii) Severance Payment. Executive is entitled to receive a lump sum payment of severance equal to the sum of (x) 50% of Executive’s annual base salary as in effect immediately prior to
Executive’s termination date and (y) the portion of Executive’s annual target bonus prorated monthly based on the number of months of service completed for the fiscal year which the Executive’s employment terminates. 

(iii) Equity Awards. If Executive has been employed by the Company for less than twelve (12) months,
Executive will not receive any accelerated vesting of his or her outstanding equity awards, except as may be set forth in Executive’s individual equity award agreements or the terms of the Company’s equity award plans. If Executive has
been employed by the Company for at least twelve (12) months, Executive’s outstanding equity awards will immediately vest as to that number of shares that would have otherwise vested during the six (6)-month period following the date of
Executive’s termination. 
 (iv) Continued Health Benefits. If (1) Executive constitutes a
qualified beneficiary, as defined in Section 4980(B)(g)(1) of the Internal Revenue Code of 1986, as amended (the “Code”) and (2) Executive elects continuation health coverage pursuant to the Consolidated Omnibus Budget
Reconciliation Act of 1985, as amended (“COBRA”) for Executive and Executive’s eligible dependents, within the time period prescribed pursuant to COBRA, the Company will pay the premiums for such health continuation coverage at
the levels in effect immediately prior to Executive’s termination until the earlier of (A) six (6) months from the last date of Executive’s employment with the Company, or (B) the date upon which Executive and/or
Executive’s eligible dependents becomes covered under similar plans. 
 (b) Termination without Cause or
Resignation for Good Reason in Connection with a Change of Control. If the Company terminates Executive’s employment with the Company without Cause or if Executive resigns from such employment for Good Reason, and such termination occurs
within the period beginning three (3) months before and ending 

 
twelve (12) months after a Change of Control, and Executive signs and does not revoke a release of claims with the Company as required by Section 4 and resigns as a member of the Board,
if applicable, effective no later than thirty (30) days following Executive’s termination, then Executive will receive the following from the Company: 

(i) Accrued Compensation. The Company will pay Executive all accrued but unpaid vacation, expense reimbursements,
wages, any earned (but yet unpaid) bonus or commission, and other benefits due to Executive under any Company-provided plans, policies, and arrangements. 
 (ii) Severance Payment. Executive is entitled to receive a lump sum payment of severance equal to the sum of (x) 100% of Executive’s annual base salary as in effect immediately prior to
Executive’s termination date or (if greater) at the level in effect immediately prior to the Change of Control and (y) the portion of Executive’s annual target bonus prorated monthly based on the number of months of completed service
for the fiscal year which Executive’s employment terminates. 
 (iii) Equity Awards. If the Change
of Control occurs before the one (1)-year anniversary of Executive’s employment commencement date, then Executive’s outstanding equity awards will immediately vest as to that number of shares that would have otherwise vested during the
twelve (12)-month period following the date of Executive’s termination. If the Change of Control occurs on or after the one (1)-year anniversary of Executive’s employment commencement date, then Executive’s outstanding equity awards
will vest as to fifty percent (50%) of the total number of shares subject to each of Executive’s then outstanding equity awards. 
 (iv) Continued Health Benefits. If (1) Executive constitutes a qualified beneficiary, as defined in Section 4980(B)(g)(1) of the Code and (2) Executive elects continuation health
coverage pursuant to COBRA for Executive and Executive’s eligible dependents, within the time period prescribed pursuant to COBRA, the Company will pay the premiums for such health continuation coverage at the levels in effect immediately prior
to Executive’s termination until the earlier of (A) (12) months from the last date of Executive’s employment with the Company, or (B) the date upon which Executive and/or Executive’s eligible dependents becomes covered
under similar plans. 
 (c) Disability; Death. If the Company terminates Executive’s employment as a
result of Executive’s Disability, or Executive’s employment terminates due to his or her death, and Executive (or, as applicable, Executive’s designated beneficiary, if living, or otherwise the personal representative of
Executive’s estate) signs and does not revoke a release of claims with the Company as required by Section 4, then Executive (or, as applicable, Executive’s designated beneficiary, if living, or otherwise the personal representative of
Executive’s estate) will receive the following from the Company: 
 (i) Accrued Compensation. The
Company will pay Executive (or, as applicable, Executive’s designated beneficiary, if living, or otherwise the personal representative of Executive’s estate) all accrued but unpaid vacation, expense reimbursements, wages, any

 
earned (but yet unpaid) bonus or commission, and other benefits due to Executive under any Company-provided plans, policies, and arrangements. 

(ii) Severance Payment. Executive (or, as applicable, Executive’s designated beneficiary, if living, or
otherwise the personal representative of Executive’s estate) is entitled to receive a lump sum payment of severance equal to either (A) 100% of Executive’s annual base salary as in effect immediately prior to Executive’s
termination date, if such termination occurs within the period beginning three (3) months before and ending twelve (12) months after a Change of Control, or (B) 50% of Executive’s annual base salary as in effect immediately prior
to Executive’s termination date, if such termination occurs either prior to three (3) months before or after twelve (12) months following a Change of Control. 

(d) Timing of Severance Payments. Unless otherwise required pursuant to Section 5 of this Agreement, the
Company will pay the cash severance payments to which Executive is entitled under this Agreement in a lump sum as soon as practicable following the date of termination, provided, however, that such payment will be delayed to the extent required by
Section 4 and/or Section 5 of this Agreement. Except to the extent payment is delayed pursuant to Section 5(b), all cash severance payments under this Agreement will be paid no later than the fifteenth (15) day of the third month
following the fiscal year in which the termination occurs. 
 (e) Voluntary Resignation; Termination for
Cause. If Executive’s employment with the Company terminates (i) voluntarily by Executive (other than for Good Reason in connection with a Change of Control) or (ii) for Cause by the Company, then Executive will not be entitled to
receive severance or other benefits except for those (if any) as may then be established under the Company’s then existing severance and benefits plans and practices or pursuant to other written agreements with the Company. 

(f) Exclusive Remedy. In the event of a termination of Executive’s employment as set forth in
Section 3(a), 3(b) or 3(c) of this Agreement, the provisions of Section 3(a), 3(b) or 3(c), as applicable, are intended to be and are mutually exclusive of each other and exclusive and in lieu of any other rights or remedies to which
Executive or the Company may otherwise be entitled, whether at law, tort or contract, in equity, or under this Agreement (other than the payment of accrued but unpaid wages, as required by law, and any unreimbursed reimbursable expenses). Executive
will be entitled to no benefits, compensation or other payments or rights upon a termination of employment other than those benefits expressly set forth in Section 3 of this Agreement. If Executive should receive the benefits set forth in
Section 9(d) of this Agreement, the benefits provided in Section 3(a)(iv) or Section 3(b)(iv) will be reduced by the number of months Executive received Company-paid COBRA continuation coverage under Section 9(d). 

4. Conditions to Receipt of Severance. 

(a) Release of Claims Agreement. The receipt of any severance or other benefits pursuant to Section 3 will be
subject to Executive (or, as applicable, Executive’s designated beneficiary, if living, or otherwise the personal representative of Executive’s estate) signing and not revoking a Release Agreement, attached hereto as Exhibit A, B and C, as

 
applicable based on the Executive’s age upon termination and whethersuch termination qualifies as a group termination under the Age Discrimination in Employment Act of 1967, and such release
becoming effective and irrevocable within sixty (60) days of Executive’s termination or such earlier date as required by the release (such deadline, the “Release Deadline”). If the release of claims does not become
effective and irrevocable by the Release Deadline, Executive will forfeit any rights to severance or benefits under this Agreement. In no event will severance payments or benefits be paid or provided until the release of claims becomes effective and
irrevocable. Notwithstanding anything in this Agreement to the contrary, in the event severance payments or benefits provided under this Agreement would be considered Deferred Compensation Separation Benefits (as defined below), then the following
timing of payments will apply to such Deferred Compensation Separation Benefits, in each case subject to any delay in payment required by Section 409A (and provided the release becomes effective and irrevocable): (i) if the Release
Deadline is on or before December 10 of the calendar year of Executive’s “separation from service” (within the meaning of Section 409A of the Code, and the final regulations and official guidance promulgated thereunder
(together, “Section 409A”)), any portion of Executive’s severance payments or benefits provided under this Agreement that would be considered Deferred Compensation Separation Benefits will be paid on or before
December 31 of that calendar year, or such later time as required by (A) the payment schedule applicable to each payment or benefit, or (B) if applicable, Section 409A (as set forth in Section 5 below); and (ii) if the
Release Deadline is after December 10 of the calendar year of Executive’s “separation from service” (within the meaning of Section 409A), any portion of the severance payments or benefits provided under this Agreement that
would be considered Deferred Compensation Separation Benefits will be paid on the first payroll date to occur during the calendar year following the calendar year in which such separation of service occurs or such later time as required by
(A) the payment schedule applicable to each payment or benefit, (B) the Release Deadline, or (C) if applicable, Section 409A (as set forth in Section 5 below). 

(b) Other Requirement. Executive’s receipt of any payments or benefits under Section 3 will be subject
to Executive continuing to comply with the terms of any confidential information agreement executed by Executive in favor of the Company and the provisions of this Agreement. 

5. Section 409A. 
 (a) Notwithstanding anything to the contrary in this Agreement, if Executive is a “specified employee” within the meaning of Section 409A at the time of Executive’s termination (other
than due to death), then the severance payable to Executive, if any, pursuant to this Agreement, when considered together with any other severance payments or separation benefits that are considered deferred compensation under Section 409A
(together, the “Deferred Compensation Separation Benefits”) that are payable within the first six (6) months following Executive’s termination of employment, will become payable on the first payroll date that occurs on or
after the date six (6) months and one (1) day following the date of Executive’s termination of employment. All subsequent Deferred Compensation Separation Benefits, if any, will be payable in accordance with the payment schedule
applicable to each payment or benefit. Notwithstanding anything herein to the contrary, if Executive dies following his or her termination but prior to the six (6) month anniversary of his or her termination, then any payments delayed in
accordance with this paragraph will be payable in a lump sum as soon as 

 
administratively practicable after the date of Executive’s death and all other Deferred Compensation Separation Benefits will be payable in accordance with the payment schedule applicable to
each payment or benefit. Each payment and benefit payable under this Agreement is intended to constitute separate payments for purposes of Section 1.409A-2(b)(2) of the Treasury Regulations. 

(b) Any amount paid under this Agreement that satisfies the requirements of the “short-term deferral” rule set
forth in Section 1.409A-1(b)(4) of the Treasury Regulations shall not constitute Deferred Compensation Separation Benefits for purposes of clause (a) above. 

(c) Any amount paid under this Agreement that qualifies as a payment made as a result of an involuntary separation from
service pursuant to Section 1.409A-1(b)(9)(iii) of the Treasury Regulations that do not exceed the Section 409A Limit shall not constitute Deferred Compensation Separation Benefits for purposes of clause (a) above. 

(d) The foregoing provisions are intended to comply with the requirements of Section 409A so that none of the
severance payments and benefits to be provided hereunder will be subject to the additional tax imposed under Section 409A, and any ambiguities herein will be interpreted to so comply. The Company and Executive agree to work together in good
faith to consider amendments to this Agreement and to take such reasonable actions which are necessary, appropriate or desirable to avoid imposition of any additional tax or income recognition prior to actual payment to Executive under
Section 409A. 
 6. Limitation on Payments. In the event that the severance and other benefits
provided for in this Agreement or otherwise payable to Executive (i) constitute “parachute payments” within the meaning of Section 280G of the Code, and (ii) but for this Section 6, would be subject to the excise tax
imposed by Section 4999 of the Code, then the severance benefits under Section 3 will be either: 
  

	 	(a)	 delivered in full, or 

  

	 	(b)	 delivered as to such lesser extent which would result in no portion of such benefits being subject to excise tax under Section 4999 of the
Code, 

 whichever of the foregoing amounts, taking into account the applicable federal, state and local
income taxes and the excise tax imposed by Section 4999, results in the receipt by Executive on an after-tax basis, of the greatest amount of benefits, notwithstanding that all or some portion of such benefits may be taxable under
Section 4999 of the Code. Unless the Company and Executive otherwise agree in writing, any determination required under this Section 6 will be made in writing by the Company’s independent public accountants immediately prior to a
Change of Control or such other person or entity to which the parties mutually agree (the “Accountants”), whose determination will be conclusive and binding upon Executive and the Company for all purposes. For purposes of making the
calculations required by this Section 6, the Accountants may make reasonable assumptions and approximations concerning applicable taxes and may rely on reasonable, good faith interpretations concerning the application of Sections 280G and 4999
of the Code. The Company and Executive will furnish to the Accountants such information and 

 
documents as the Accountants may reasonably request in order to make a determination under this Section 6. The Company will bear all costs the Accountants may incur in connection with any
calculations contemplated by this Section 6. Any reduction in payments and/or benefits required by this Section 6 shall occur in the following order: (1) reduction of cash payments; (2) reduction of vesting acceleration of equity
awards; and (3) reduction of other benefits paid or provided to Executive. In the event that acceleration of vesting of equity awards is to be reduced, such acceleration of vesting shall be cancelled in the reverse order of the date of grant
for Executive’s equity awards. If two or more equity awards are granted on the same date, each equity award will be reduced on a pro-rata basis. In no event will Executive exercise any discretion with respect to the ordering of any reduction of
payments or benefits pursuant to this Section 6. 
 7. Definition of Terms. The following terms
referred to in this Agreement will have the following meanings: 
 (a) Cause. Termination by the Company
of the Executive’s employment for “Cause” will mean: 
 (i) Executive’s willful and
continued failure to substantially perform the duties of Executive’s position, other than failure resulting from Executive’s complete or partial incapacity due to physical or mental illness or impairment; 

(ii) Executive’s willful and continued failure to substantially perform the specific and lawful directives of the
Board, as reasonably determined by the Board, other than failure resulting from Executive’s complete or partial incapacity due to physical or mental illness or impairment; 

(iii) Executive’s willful commission of an act of fraud or dishonesty resulting in, or that is likely to result in,
material economic or financial injury to the Company; or 
 (iv) Executive’s willful engagement in illegal
conduct which was or is reasonably likely to be materially injurious to the Company; 
 For purposes of this
Section 7(a), no act, or failure to act, on Executive’s part shall be deemed “willful” unless done, or omitted to be done, by Executive not in good faith. In the event of any alleged breach pursuant to (i) or (ii) of
this Section 7(a), the Company will first give Executive written notice which specifically identifies the manner in which the Board believes that the Executive’s conduct constitutes the alleged performance breach to enable Executive to
correct the deficiency within a reasonable time period, which will not be less than thirty (30) days, before the Company can proceed with a termination for Cause under either (i) or (ii) of this Section 7(a). In the event of any
alleged conduct described in (iii) or (iv) of this Section 7(a), the Company will deliver to Executive written notice which sets forth the Board’s finding that Executive engaged in such conduct and specifying the particulars
thereof. In the event of a Change of Control pursuant to which the Company is not the surviving entity, then on and after such Change of Control, all determinations and actions required to be taken by the Board under this Section 7(a) shall be
made or taken by the board of directors of the surviving 

 
entity, or if the surviving entity is a subsidiary, then by the board of directors of the ultimate parent corporation of the surviving entity. 

(b) Change of Control. A “Change of Control” will be deemed to occur upon the earliest to occur
after the date of this Agreement of any of the following events: 
 (i) Change in Ownership of a Substantial
Portion of the Company’s Assets. A change in the ownership of a substantial portion of the Company’s assets which occurs on the date that any one person, or more than one person acting as a group (“Person”) acquires
(or has acquired during the twelve (12) month period ending on the date of the most recent acquisition by such person or persons) assets from the Company that have a total gross fair market value equal to or more than 50% of the total gross
fair market value of all of the assets of the Company immediately prior to such acquisition or acquisitions. For purposes of this subsection (i), gross fair market value means the value of the assets of the Company, or the value of the assets being
disposed of, determined without regard to any liabilities associated with such assets; 
 (ii) Change in
Ownership of the Company. A change in the ownership of the Company which occurs on the date that any Person acquires ownership of the stock of the Company that, together with the stock held by such Person, constitutes more than 50% of the total
voting power of the stock of the Company, except that any change in the ownership of the stock of the Company as a result of a private financing of the Company that is approved by the Board will not be considered a Change of Control; 

(iii) Change in Effective Control of the Company. A change in the effective control of the Company which occurs
on the date that a majority of members of the Board is replaced during any twenty-four (24) month period by directors whose appointment or election is not approved by a majority of the members of the Board prior to the date of the appointment
or election. For purposes of this subsection (iii), if any Person is considered to be in effective control of the Company, the acquisition of additional control of the Company by the same Person will not be considered a Change of Control; or

 (iv) Corporate Transactions. The effective date of a merger or consolidation of the Company with any
other entity, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior to such merger or consolidation continuing to represent (either by remaining outstanding or by being
converted into voting securities of the surviving entity) more than 50% of the combined voting power of the voting securities of the surviving entity outstanding immediately after such merger or consolidation and with the power to elect at least a
majority of the board of directors or other governing body of such surviving entity, 
 For these purposes,
persons will be considered to be acting as a group if they are owners of a corporation that enters into a merger, consolidation, purchase or acquisition of stock, or similar business transaction with the Company. 

 Notwithstanding the foregoing provisions of this definition, a transaction
will not be deemed a Change of Control unless the transaction qualifies as a change in control event within the meaning of Section 409A. 
 (c) Disability. For the purpose of this Agreement, “Disability” shall have the meaning set forth in Section 409A. 

(d) Good Reason. The Executive is entitled to terminate employment for Good Reason. For the purpose of this
Agreement, “Good Reason” will mean Executive’s termination of employment within ninety (90) days following the expiration of any cure period (discussed below) following the occurrence of one or more of the following,
without Executive’s express written consent: 
 (i) A reduction by the Company of Executive’s base
salary or annual target bonus in effect immediately prior to such reduction; provided, however, that such reduction in base salary or target bonus in connection with similar percentage reductions imposed on all executive-level employees shall not
constitute “Good Reason”; 
 (ii) A reduction by the Company of Executive’s health or welfare
benefits (including without limitation benefits under any of the Company’s life insurance, medical, health and accident, disability, or other benefit plans) in effect immediately prior to such reduction; provided, however, that such reduction
in benefits in connection with similar percentage reductions imposed on all executive-level employees shall not constitute “Good Reason”; 
 (iii) Either (A) the relocation of the Company’s offices at which Executive is principally employed immediately prior to the Change of Control (“Principal Location”), or (B) the
Company’s requiring the Executive to be based anywhere other than the Executive’s Principal Location, except for required travel on the Company’s business to an extent substantially consistent with the Executive’s business travel
obligations prior to the Change of Control; provided that, in the case of either (A) or (B), the relocation is to a location more than thirty (30) miles from the Executive’s Principal Location (unless such relocation does not increase
Executive’s commuting distance); 
 (iv) The failure of the Company to continue in effect any material
compensation or benefit plan or practice in which Executive is eligible to participate in immediately prior to the effective date of the Change of Control (other than any equity based plan), unless an equitable arrangement (embodied in an ongoing
substitute or alternative plan) has been made with respect to such plan, or the Company’s failure to continue Executive’s participation therein (or in such substitute or alternative plan) on a basis not materially less favorable, both in
terms of the amount of benefits provided and the level of Executive’s participation relative to other participants, as existed immediately prior to the effective date of the Change of Control; 

(v) The failure of the Company to obtain a satisfactory agreement from any successor to assume and agree to perform this
Agreement, as contemplated in Section 8 hereof. 

 Executive will not resign for Good Reason without first providing the
Company with written notice within sixty (60) days of the event that Executive believes constitutes “Good Reason” specifically identifying the acts or omissions constituting the grounds for Good Reason and a reasonable cure period of
not less than thirty (30) days following the date of such notice. 
 (e) Section 409A Limit.
“Section 409A Limit” will mean the lesser of two (2) times: (i) Executive’s annualized compensation based upon the annual rate of pay paid to Executive during Executive’s taxable year preceding Executive’s
taxable year of Executive’s termination of employment as determined under Treasury Regulation Section 1.409A-1(b)(9)(iii)(A)(1) and any Internal Revenue Service guidance issued with respect thereto; or (ii) the maximum amount that may
be taken into account under a qualified plan pursuant to Section 401(a)(17) of the Code for the year in which Executive’s employment is terminated. 
 8. Successors. 
 (a) The Company’s Successors.
Any successor to the Company (whether direct or indirect and whether by purchase, merger, consolidation, liquidation or otherwise) to all or substantially all of the Company’s business and/or assets will assume the obligations under this
Agreement and agree expressly to perform the obligations under this Agreement in the same manner and to the same extent as the Company would be required to perform such obligations in the absence of a succession. For all purposes under this
Agreement, the term “Company” will include any successor to the Company’s business and/or assets which executes and delivers the assumption agreement described in this Section 8(a) or which becomes bound by the terms of this
Agreement by operation of law. 
 (b) Executive’s Successors. The terms of this Agreement and all
rights of Executive hereunder will inure to the benefit of, and be enforceable by, Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees. 

9. Arbitration.  
 (a) The Company and Executive each agree that any and all disputes arising out of the terms of this Agreement, Executive’s employment by the Company, Executive’s service as an officer or
director of the Company, or Executive’s compensation and benefits, their interpretation and any of the matters herein released, will be subject to binding arbitration under the arbitration rules set forth in California Code of Civil Procedure
Sections 1280 through 1294.2, including Section 1281.8 (the “Act”), and pursuant to California law. Disputes that the Company and Executive agree to arbitrate, and thereby agree to waive any right to a trial by jury, include
any statutory claims under local, state, or federal law, including, but not limited to, claims under Title VII of the Civil Rights Act of 1964, the Americans with Disabilities Act of 1990, the Age Discrimination in Employment Act of 1967, the Older
Workers Benefit Protection Act, the Sarbanes-Oxley Act, the Worker Adjustment and Retraining Notification Act, the California Fair Employment and Housing Act, the Family and Medical Leave Act, the California Family Rights Act, the California Labor
Code, claims of harassment, discrimination, and wrongful termination, and any statutory or common law claims. The Company and Executive further understand that this Agreement to arbitrate also applies to any disputes that the Company

 
may have with Executive. However, claims for workers’ compensation benefits and unemployment insurance (or any other claims where mandatory arbitration is prohibited by law) are not covered
by this arbitration agreement, and such claims may be presented by the Executive to the appropriate court or government agency. 
 (b) Procedure. The Company and Executive agree that any arbitration will be administered by Judicial Arbitration & Mediation Services, Inc. (“JAMS”), pursuant to its
Employment Arbitration Rules & Procedures (the “JAMS Rules”). The Arbitrator will have the power to decide any motions brought by any party to the arbitration, including motions for summary judgment and/or adjudication,
motions to dismiss and demurrers, and motions for class certification, prior to any arbitration hearing. The Arbitrator will have the power to award any remedies available under applicable law, and the Arbitrator will award attorneys’ fees and
costs to the prevailing party, except as prohibited by law. The Company will pay for any administrative or hearing fees charged by the Arbitrator or JAMS except that Executive will pay any filing fees associated with any arbitration that Executive
initiates, but only so much of the filing fees as Executive would have instead paid had he or she filed a complaint in a court of law. The Arbitrator will administer and conduct any arbitration in accordance with California law, including the
California Code of Civil Procedure, and the Arbitrator will apply substantive and procedural California law to any dispute or claim, without reference to rules of conflict of law. To the extent that the JAMS Rules conflict with California law,
California law will take precedence. The decision of the Arbitrator will be in writing. Any arbitration under this Agreement will be conducted in Santa Clara County, California. 

(c) Remedy. Except as provided by the Act and this Agreement, arbitration will be the sole, exclusive, and final
remedy for any dispute between Executive and the Company. Accordingly, except as provided for by the Act and this Agreement, neither Executive nor the Company will be permitted to pursue court action regarding claims that are subject to arbitration.

 (d) Healthcare Coverage in Event of Dispute. In the event that any dispute between Executive and the
Company becomes subject to arbitration pursuant to this Section 9, and provided that (1) Executive constitutes a qualified beneficiary, as defined in Section 4980(B)(g)(1) of the Code; and (2) Executive elects continuation
coverage pursuant to COBRA, within the time period prescribed pursuant to COBRA, the Company will pay the premiums for such health continuation coverage at the levels in effect immediately prior to Executive’s termination until the earlier of
(A) the resolution of the arbitration dispute or (B) the date upon which the Company would no longer be required to provide such continuation coverage pursuant to Section 3. 

(e) Administrative Relief. Executive understands that this Agreement does not prohibit him or her from pursuing
any administrative claim with a local, state, or federal administrative body or government agency that is authorized to enforce or administer laws related to employment, including, but not limited to, the Department of Fair Employment and Housing,
the Equal Employment Opportunity Commission, the National Labor Relations Board, or the Workers’ Compensation Board. This Agreement does, however, preclude Executive from pursuing court action regarding any such claim, except as permitted by
law. 

 (f) Voluntary Nature of Agreement. Each of the Company and Executive
acknowledges and agrees that such party is executing this Agreement voluntarily and without any duress or undue influence by anyone. Executive further acknowledges and agrees that he or she has carefully read this Agreement and has asked any
questions needed for him or her to understand the terms, consequences, and binding effect of this Agreement and fully understands it, including that Executive is waiving his or her right to a jury trial. Finally, Executive agrees that
he or she has been provided an opportunity to seek the advice of an attorney of his or her choice before signing this Agreement. 
 10. Notice. 
 (a) General. Notices and all other
communications contemplated by this Agreement will be in writing and will be deemed to have been duly given when personally delivered or when mailed by U.S. registered or certified mail, return receipt requested and postage prepaid. In the case of
Executive, mailed notices will be addressed to him or her at the home address which he or she most recently communicated to the Company in writing. In the case of the Company, mailed notices will be addressed to its corporate headquarters, and all
notices will be directed to the attention of its President. 
 (b) Notice of Termination. Any termination
by the Company for Cause or by Executive for Good Reason will be communicated by a notice of termination to the other party hereto given in accordance with Section 10(a) of this Agreement. Such notice will indicate the specific termination
provision in this Agreement relied upon, will set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination under the provision so indicated, and will specify the termination date (which will be not more than
thirty (30) days after the giving of such notice). The failure by the Company or by Executive, as applicable, to include in the notice any fact or circumstance which contributes to a showing of Cause or Good Reason, as applicable, will not
waive any right of the Company or Executive, as applicable, hereunder or preclude the Company or Executive, as applicable, from asserting such fact or circumstance in enforcing its, his or her rights hereunder. 

11. Non-Solicitation. Executive agrees that for a period of twelve (12) months immediately following
termination, Executive shall not directly or indirectly solicit any of the Company’s employees to leave their employment at the Company. 
 12. Miscellaneous Provisions. 
 (a) No Duty to
Mitigate. Executive will not be required to mitigate the amount of any payment contemplated by this Agreement, nor will any such payment be reduced by any earnings that Executive may receive from any other source. 

(b) Waiver. No provision of this Agreement will be modified, waived or discharged unless the modification, waiver
or discharge is agreed to in writing and signed by Executive and by an authorized officer of the Company (other than Executive). No waiver by either party of any breach of, or of compliance with, any condition or provision of this Agreement by the
other party will be considered a waiver of any other condition or provision or of the same condition or provision at another time. 

 (c) Headings. All captions and section headings used in this
Agreement are for convenient reference only and do not form a part of this Agreement. 
 (d) Entire
Agreement. This Agreement, including its exhibits, constitutes the entire agreement of the parties hereto and supersedes in their entirety all prior representations, understandings, undertakings or agreements (whether oral or written and whether
expressed or implied) of the parties with respect to the subject matter hereof. No waiver, alteration, or modification of any of the provisions of this Agreement will be binding unless in writing and signed by duly authorized representatives of the
parties hereto and which specifically mention this Agreement. 
 (e) Choice of Law. The validity,
interpretation, construction and performance of this Agreement will be governed by the laws of the State of California without regard to principles of its conflict of laws. 

(f) Severability. The invalidity or unenforceability of any provision or provisions of this Agreement will not
affect the validity or enforceability of any other provision hereof, which will remain in full force and effect. 
 (g) Withholding. All payments made pursuant to this Agreement will be subject to withholding of applicable income, employment and other taxes. 

(h) Counterparts. This Agreement may be executed in counterparts, each of which will be deemed an original, but
all of which together will constitute one and the same instrument. 
 [Signature Page to Follow] 

 IN WITNESS WHEREOF, each of the parties has executed this Agreement, in the
case of the Company by its duly authorized officer, as of the day and year set forth below. 
  

					
	COMPANY	 	 AMBARELLA, INC.

			
		 	 By:
	 	  

			
		 	 Title:
	 	  

			
		 	 Date:
	 	  

			
	EXECUTIVE	 	 By:
	 	  

			
		 	 Title:
	 	  

			
		 	 Date:
	 	  

 EXHIBIT A 

RELEASE AGREEMENT 
 For Employee 40 Years Old or Older in Group Termination 
 I understand and agree completely to the terms set forth in my Change in Control Severance Benefits Agreement (the “Agreement”) with Ambarella, Inc. (the “Company”). 

I understand that this Release Agreement (“Release”), together with the Agreement, constitutes the complete,
final and exclusive embodiment of the entire agreement between the Company and me with regard to the subject matter hereof. I am not relying on any promise or representation by the Company that is not expressly stated herein. 

I hereby confirm my obligations under the Company’s Agreement Regarding Confidential Information and Proprietary
Developments. 
 In consideration of the severance benefits I will receive under the Agreement, I hereby
generally and completely release the Company and its current and former directors, officers, employees, shareholders, partners, agents, attorneys, predecessors, successors, parent and subsidiary entities, insurers, affiliates, and assigns from any
and all claims, liabilities and obligations, both known and unknown, that arise out of or are in any way related to events, acts, conduct, or omissions occurring prior to my signing this Release. This general release includes, but is not limited to:
(a) all claims arising out of or in any way related to my employment with the Company, or the termination of that employment; (b) all claims related to my compensation or benefits from the Company, including, but not limited to, salary,
bonuses, commissions, vacation pay, expense reimbursements, severance pay, fringe benefits, stock, stock options, or any other ownership interests in the Company; (c) all claims for breach of contract, wrongful termination, and breach of the
implied covenant of good faith and fair dealing; (d) all tort claims, including, but not limited to, claims for fraud, defamation, emotional distress, and discharge in violation of public policy; (e) all federal, state, and local statutory
claims, including, but not limited to, claims for discrimination, harassment, retaliation, attorneys’ fees, or other claims arising under the federal Civil Rights Act of 1964 (as amended), the federal Americans with Disabilities Act of 1990,
the federal Age Discrimination in Employment Act of 1967 (as amended) (“ADEA”), and the California Fair Employment and Housing Act (as amended); (f) any claim for any loss, cost, damage, or expense arising out of any dispute over the
nonwithholding or other tax treatment of any of the proceeds I receive as a result of the Agreement; and (g) any and all claims for attorneys’ fees and costs; provided, however, that nothing in this paragraph shall be construed in
any way to release the Company from its obligation to indemnify me pursuant to a written agreement between me and the Company or applicable law. 
 I agree that this Release shall be and remain in effect in all respects as a complete general release as to the matters released. This Release does not extend to any obligations incurred under the
Agreement. This Release does not release claims that cannot be released as a matter of law, including, but not limited to, my right to file a charge with or participate in a charge by the Equal Employment Opportunity Commission, or any other local,
state, or federal administrative body or government agency that is authorized to enforce or administer laws related to employment, against the Company (with the understanding that any such filing or participation does not give me the right to
recover any monetary damages against the Company; my release of claims herein bars me from recovering such monetary relief from the Company). 
 I acknowledge that I am knowingly and voluntarily waiving and releasing any rights I may have under the ADEA (“ADEA Waiver”). I also acknowledge that the consideration given for the ADEA

 
Waiver is in addition to anything of value to which I was already entitled. I further acknowledge that I have been advised by this writing, as required by the ADEA, that: (a) my ADEA Waiver
does not apply to any rights or claims that arise after the date I sign this Release; (b) I should consult with an attorney prior to signing this Release (although I may choose voluntarily not to do so); (c) I have forty-five
(45) days to consider this Release (although I may choose voluntarily to sign it sooner); (d) I have seven (7) days following the date I sign this Release to revoke the ADEA Waiver by providing written notice to the Company’s
Board of Directors; and (e) the ADEA Waiver will not be effective until the date upon which the revocation period has expired unexercised, which will be the eighth day after I sign this Release (“Effective Date”). 

I have received with this Release all of the information required by the ADEA, including without limitation a detailed
list of the job titles and ages of all employees who were terminated in this group termination and the ages of all employees of the Company in the same job classification or organizational unit who were not terminated, along with information on the
eligibility factors used to select employees for the group termination and any time limits applicable to this group termination program. 
 I acknowledge that I have read and understand Section 1542 of the California Civil Code which reads as follows: “A general release does not extend to claims which the creditor does not know
or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his settlement with the debtor.” I hereby expressly waive and relinquish all rights and benefits under
that section and any law of any jurisdiction of similar effect with respect to my release of any claims hereunder, including but not limited to my release of unknown claims. 

I hereby represent that I have been paid or provided all salary, wages, bonuses, accrued vacation/paid time off,
premiums, leaves, housing allowances, relocation costs, interest, severance, outplacement costs, fees, reimbursable expenses, commissions, stock, stock options, vesting, and any and all other benefits and compensation due to me, and I have not
suffered any on-the-job injury for which I have not already filed a claim. 
 I acknowledge that to become
effective, I must sign and return this Release to the Company so that it is received not later than forty-five (45) days following the date it is provided to me. 

 

			
	 Signature:
	 	
 

			
		
	 Printed Name:
	 	
 

			
		
	 Date:
	 	  

 EXHIBIT B 

RELEASE AGREEMENT 
 For Employee 40 Years Old or Older in Individual Termination 
 I understand and agree completely to the terms set forth in my Change in Control Severance Benefits Agreement (the “Agreement”) with Ambarella, Inc. (the “Company”). 

I understand that this Release Agreement (“Release”), together with the Agreement, constitutes the complete,
final and exclusive embodiment of the entire agreement between the Company and me with regard to the subject matter hereof. I am not relying on any promise or representation by the Company that is not expressly stated herein. 

I hereby confirm my obligations under the Company’s Agreement Regarding Confidential Information and Proprietary
Developments. 
 In consideration of the severance benefits I will receive under the Agreement, I hereby
generally and completely release the Company and its current and former directors, officers, employees, shareholders, partners, agents, attorneys, predecessors, successors, parent and subsidiary entities, insurers, affiliates, and assigns from any
and all claims, liabilities and obligations, both known and unknown, that arise out of or are in any way related to events, acts, conduct, or omissions occurring prior to my signing this Release. This general release includes, but is not limited to:
(a) all claims arising out of or in any way related to my employment with the Company, or the termination of that employment; (b) all claims related to my compensation or benefits from the Company, including, but not limited to, salary,
bonuses, commissions, vacation pay, expense reimbursements, severance pay, fringe benefits, stock, stock options, or any other ownership interests in the Company; (c) all claims for breach of contract, wrongful termination, and breach of the
implied covenant of good faith and fair dealing; (d) all tort claims, including, but not limited to, claims for fraud, defamation, emotional distress, and discharge in violation of public policy; (e) all federal, state, and local statutory
claims, including, but not limited to, claims for discrimination, harassment, retaliation, attorneys’ fees, or other claims arising under the federal Civil Rights Act of 1964 (as amended), the federal Americans with Disabilities Act of 1990,
the federal Age Discrimination in Employment Act of 1967 (as amended) (“ADEA”), and the California Fair Employment and Housing Act (as amended); (f) any claim for any loss, cost, damage, or expense arising out of any dispute over the
nonwithholding or other tax treatment of any of the proceeds I receive as a result of the Agreement; and (g) any and all claims for attorneys’ fees and costs; provided, however, that nothing in this paragraph shall be construed in
any way to release the Company from its obligation to indemnify me pursuant to a written agreement between me and the Company or applicable law. 
 I acknowledge that I am knowingly and voluntarily waiving and releasing any rights I may have under the ADEA (“ADEA Waiver”). I also acknowledge that the consideration given for the ADEA Waiver
is in addition to anything of value to which I was already entitled. I further acknowledge that I have been advised by this writing, as required by the ADEA, that: (a) my ADEA Waiver does not apply to any rights or claims that arise after the
date I sign this Release; (b) I should consult with an attorney prior to signing this Release (although I may choose voluntarily not to do so); (c) I have twenty-one (21) days to consider this Release (although I may choose
voluntarily to sign it sooner); (d) I have seven (7) days following the date I sign this Release to revoke the ADEA Waiver by providing written notice to the Company’s Board of Directors; and (e) the ADEA Waiver will not be
effective until the date upon which 

 
the revocation period has expired unexercised, which will be the eighth day after I sign this Release (“Effective Date”). 

I agree that this Release shall be and remain in effect in all respects as a complete general release as to the matters
released. This Release does not extend to any obligations incurred under the Agreement. This Release does not release claims that cannot be released as a matter of law, including, but not limited to, my right to file a charge with or participate in
a charge by the Equal Employment Opportunity Commission, or any other local, state, or federal administrative body or government agency that is authorized to enforce or administer laws related to employment, against the Company (with the
understanding that any such filing or participation does not give me the right to recover any monetary damages against the Company; my release of claims herein bars me from recovering such monetary relief from the Company). 

I acknowledge that I have read and understand Section 1542 of the California Civil Code which reads as follows:
“A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his settlement with the
debtor.” I hereby expressly waive and relinquish all rights and benefits under that section and any law of any jurisdiction of similar effect with respect to my release of any claims hereunder, including but not limited to my release of
unknown claims. 
 I hereby represent that I have been paid or provided all salary, wages, bonuses, accrued
vacation/paid time off, premiums, leaves, housing allowances, relocation costs, interest, severance, outplacement costs, fees, reimbursable expenses, commissions, stock, stock options, vesting, and any and all other benefits and compensation due to
me, and I have not suffered any on-the-job injury for which I have not already filed a claim. 
 I acknowledge
that to become effective, I must sign and return this Release to the Company so that it is received not later than twenty-one (21) days following the date it is provided to me. 

 

			
	 Signature:
	 	
 

			
		
	 Printed Name:
	 	
 

			
		
	 Date:
	 	  

 EXHIBIT C 

RELEASE AGREEMENT 
 For Employee Under 40 Years Old in Individual or Group Termination 
 I understand and agree completely to the terms set forth in my Change in Control Severance Benefits Agreement (the “Agreement”) with Ambarella, Inc. (the “Company”). 

I understand that this Release Agreement (“Release”), together with the Agreement, constitutes the complete,
final and exclusive embodiment of the entire agreement between the Company and me with regard to the subject matter hereof. I am not relying on any promise or representation by the Company that is not expressly stated herein. 

I hereby confirm my obligations under the Company’s Agreement Regarding Confidential Information and Proprietary
Developments. 
 In consideration of the severance benefits I will receive under the Agreement, I hereby
generally and completely release the Company and its current and former directors, officers, employees, shareholders, partners, agents, attorneys, predecessors, successors, parent and subsidiary entities, insurers, affiliates, and assigns from any
and all claims, liabilities and obligations, both known and unknown, that arise out of or are in any way related to events, acts, conduct, or omissions occurring prior to my signing this Release. This general release includes, but is not limited to:
(a) all claims arising out of or in any way related to my employment with the Company, or the termination of that employment; (b) all claims related to my compensation or benefits from the Company, including, but not limited to, salary,
bonuses, commissions, vacation pay, expense reimbursements, severance pay, fringe benefits, stock, stock options, or any other ownership interests in the Company; (c) all claims for breach of contract, wrongful termination, and breach of the
implied covenant of good faith and fair dealing; (d) all tort claims, including, but not limited to, claims for fraud, defamation, emotional distress, and discharge in violation of public policy; (e) all federal, state, and local statutory
claims, including, but not limited to, claims for discrimination, harassment, retaliation, attorneys’ fees, or other claims arising under the federal Civil Rights Act of 1964 (as amended), the federal Americans with Disabilities Act of 1990,
and the California Fair Employment and Housing Act (as amended); (f) any claim for any loss, cost, damage, or expense arising out of any dispute over the nonwithholding or other tax treatment of any of the proceeds I receive as a result of the
Agreement; and (g) any and all claims for attorneys’ fees and costs; provided, however, that nothing in this paragraph shall be construed in any way to release the Company from its obligation to indemnify me pursuant to a written
agreement between me and the Company or applicable law. 
 I agree that this Release shall be and remain in
effect in all respects as a complete general release as to the matters released. This Release does not extend to any obligations incurred under the Agreement. This Release does not release claims that cannot be released as a matter of law,
including, but not limited to, my right to file a charge with or participate in a charge by the Equal Employment Opportunity Commission, or any other local, state, or federal administrative body or government agency that is authorized to enforce or
administer laws related to employment, against the Company (with the understanding that any such filing or participation does not give me the right to recover any monetary damages against the Company; my release of claims herein bars me from
recovering such monetary relief from the Company). 

 I acknowledge that I have read and understand Section 1542 of the
California Civil Code which reads as follows: “A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have
materially affected his settlement with the debtor.” I hereby expressly waive and relinquish all rights and benefits under that section and any law of any jurisdiction of similar effect with respect to my release of any claims hereunder,
including but not limited to my release of unknown claims. 
 I hereby represent that I have been paid or
provided all salary, wages, bonuses, accrued vacation/paid time off, premiums, leaves, housing allowances, relocation costs, interest, severance, outplacement costs, fees, reimbursable expenses, commissions, stock, stock options, vesting, and any
and all other benefits and compensation due to me, and I have not suffered any on-the-job injury for which I have not already filed a claim. 
 I acknowledge that to become effective, I must sign and return this Release to the Company so that it is received not later than fourteen (14) days following the date it is provided to me.

  

			
	 Signature:
	 	
 

			
		
	 Printed Name:
	 	
 

			
		
	 Date:
	 	  

  
 -2-Lease dated September 29, 2006 - Renault & Handley

					
		 		  	 Exhibit 10.9.1
  

 

		 	
 

  

			
		  	 This Lease, dated the 29th of September, 2006, for reference purposes only, is by and between

	PARTIES	  	
		  	 Renault & Handley Employees Investment Co. (“Lessor”)

		
		  	and
		
		  	 Ambarella Corporation, a Delaware corporation (“Lessee”)

		
		  	hereinafter referred to respectively as “Lessor” and “Lessee”, without regard to number or gender.
		
	PREMISES	  	 1. WITNESSETH: That Lessor hereby leases to Lessee, and Lessee hires from Lessor, those certain premises, hereinafter referred to as
“the Premises,” situated in the City of Santa Clara, County of Santa Clara, State of California, and more particularly described as an approximate 22,000 square foot light industrial building and all other improvements situated on and
including an approximate two (2) acre lot, commonly known as 2975 San Ysidro Way.

		
	USE	  	 2. The Premises shall be used and occupied by Lessee solely for the following purposes: General office and administrative functions,
research & development and other related legal uses and for no other purpose without the prior written consent of Lessor.

		
	TERM	  	 3. The term shall be for thirty seven (37) months, commencing on the 1st day of February, 2007 (the “Commencement Date”), and ending on the 28th day of February, 2010 (the “Lease
Term”).

		
	RENTAL	  	 4. Base Monthly Rent shall be payable to the Lessor without defense, deduction or offset at the address set forth in paragraph 23
below, or at such other place or places as may be designated from time to time by the Lessor, in the following amounts:

		
		  	Base Monthly Rent for the period February 1, 2007 through February 28, 2007 shall be abated. Thirteen Thousand Two Hundred and No 00/100ths Dollars ($13,200.00) shall be due upon
execution hereof as Base Monthly Rent for the month of March, 2007. Commencing on April 1, 2007 and on the
1st day of each succeeding month to and including February
1, 2008, Twenty Six Thousand Four Hundred and No 00/100ths Dollars ($26,400.00) shall be due. Commencing on March 1, 2008 and on the 1st day of each succeeding month to and including February 1, 2009, Twenty Seven Thousand Five Hundred and No 00/100ths
Dollars ($27,500.00) shall be due. Commencing on March 1, 2009 and on the 1st day of each succeeding month to and including February 1, 2010, Twenty Eight Thousand Six Hundred and No 00/100ths Dollars ($28,600.00) shall be due.
		
		  	Base Monthly Rent shall be paid monthly in advance. In addition, Lessee shall pay to Lessor with the Base Monthly Rent, as additional rent, a monthly management fee equal to three
percent (3%) of the Base Monthly Rent. All other costs and charges payable by Lessee in accordance with the terms of this Lease (including property taxes, insurance premiums and maintenance costs) shall be deemed to be additional
rent.
		
	 SECURITY

DEPOSIT
	  	 5. Lessee has deposited with Lessor $28,600.00 as security for the full and faithful performance of each and every term, provision,
covenant and condition of this Lease. In the event Lessee defaults in respect of any of the terms, provisions, covenants or conditions of this Lease beyond any applicable notice and cure periods, including, but not limited to the payment of rent,
Lessor may use, apply or retain the whole or any part of such security for the payment of any rent in default or for any other sum which Lessor may spend or be required to spend by reason of Lessee’s default. If Lessor uses any portion of the
security deposit to cure any default by Lessee hereunder, Lessee shall replenish the security deposit to the original amount within ten (10) days of written notice from Lessor. Lessee’s failure to do so shall constitute a material breach of
this Lease as well as an “Event of Default”. Should Lessee not be in breach of any of the terms, provisions, covenants and conditions of this Lease, the security or any balance thereof shall be returned to Lessee or, at the option of
Lessor, to the last assignee of Lessee’s interest in this Lease at the expiration of the term hereof. Lessee shall not be entitled to any interest on said security deposit. Lessor shall not be required to keep the aforesaid deposit in a
separate account but may commingle said funds with Lessor’s other accounts.

  
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	POSSESSION	  	 6. Lessor shall use commercially reasonable efforts to deliver possession of the Premises to Lessee on February 1, 2007. If
Lessor, for any reason whatsoever, cannot deliver possession of the Premises to Lessee on such date, this Lease shall not be void or voidable, nor shall Lessor, or Lessor’s agents, be liable to Lessee for any loss or damage resulting therefrom;
but in that event the commencement and termination dates of the Lease and all other dates affected thereby (including the rent abatement and rent increase dates set forth in Paragraph 4) shall be revised to conform to the date of Lessor’s
delivery of possession. Notwithstanding the foregoing, if the period of delay of delivery exceeds thirty (30) days, Lessee, at his or its option, may declare this Lease null and void by notice to Lessor at any time prior to delivery of the
Premises.

		
	 ACCEPTANCE

OF
 PREMISES AND

CONSENT TO SURRENDER
	  	 7. By entry hereunder, the Lessee accepts the Premises from Lessor in its “as is”, “where is”
condition. Lessor has made no representations or warranties respecting the Premises and Lessee has investigated and inspected the Premises and has satisfied itself that the Premises are suitable for the Lessee’s intended use thereof and are in
compliance with applicable laws and codes; provided, however, (a) Lessor shall deliver possession of the Premises to Lessee in good, vacant, broom clean condition, with all building systems and the roof in good working order and (b) Lessor hereby
warrants (i) that it has no actual knowledge of any noncompliance of the building with building codes in effect as of the date the building was constructed, and (ii) that it shall, at its sole cost, repair any material defects in the roof covering,
HVAC, electrical and plumbing systems existing as of the commencement of the Lease, and correct any Building Code violations existing as of the commencement of the Lease (to the extent such correction is required by the City of Santa Clara),
provided Lessee gives Lessor written notice specifying such defects in reasonable detail within sixty (60) days, or such code violations within thirty (30) days, following commencement of this Lease. Upon Lease Commencement, Lessor shall install and
pay for the Tenant Improvements defined in Paragraph 39 of this Lease, provided however, notwithstanding the foregoing, Lessor shall have no obligation to contribute toward any additional improvement to the Premises whatsoever. The Lessee agrees on
the last day of the term hereof, or on sooner termination of this Lease, to surrender to Lessor the Premises, which shall, except as otherwise provided in paragraph 9 below, include all alterations, additions, and improvements which may have been
made in, to, or on the Premises by Lessor or Lessee, in the same good condition as at Lessee’s entry into the Premises excepting for such wear and tear as would be normal for the period of the Lessee’s occupancy, casualty and condemnation.
The Lessee, on or before the end of the term or sooner termination of this Lease, shall remove all Lessee’s personal property and trade fixtures from the Premises and all property not so removed may be stored and disposed of, at the
Lessee’s cost, in accordance with applicable laws. If the Premises are not surrendered at the end of the term or sooner termination of this Lease, the Lessee shall indemnify the Lessor against loss or liability resulting from delay by the
Lessee in so surrendering the Premises including, without limitation, any claims made by any succeeding tenant founded on such delay. (See Paragraph 39)

		
	 USES

PROHIBITED
	  	 8. Lessee shall not commit, or suffer to be committed, any waste upon the Premises, or any nuisance, or other act or thing which may
disturb the quiet enjoyment of any other tenant in or around the buildings in which the Premises may be located, or allow any sale by auction upon the Premises, or allow the Premises to be used for any improper, immoral, unlawful or objectionable
purpose, or place any loads upon the floor, walls, or roof which endanger the structure, or place any harmful liquids in the drainage system of the building. No waste materials or refuse shall be dumped upon or permitted to remain upon any part of
the Premises outside of the building proper. No materials, supplies, equipment, finished products or semi-finished products, raw materials or articles of any nature shall be stored upon or permitted to remain on any portion of the Premises outside
of the buildings proper.

 
  

			
		
	 ALTERATIONS

AND
 ADDITIONS
	  	 9. Lessee shall make no alterations, additions or improvements to the Premises or any part thereof (collectively
“Alterations”) without first obtaining the prior written consent of the Lessor; provided, however, Lessee may, without Lessor’s consent, make Alterations which (a) do not affect the structure, systems or exterior appearance of the
Premises, (b) do not require a building permit, and (c) have a total cost of less than Ten Thousand Dollars ($10,000). All Alterations requiring Lessor’s consent shall be in accordance with plans and specifications approved by Lessor. All
Alterations shall be carried out by a reputable licensed contractor and in compliance with all applicable laws, codes, rules and regulations. The Lessor may impose as a condition to the aforesaid consent such additional requirements as Lessor may
deem necessary in Lessor’s reasonable discretion, including without limitation requirements respecting the manner in which the work is done, Lessor’s right of approval of the contractor by whom the work is to be performed, and the times
during which it is to be accomplished. Upon written request of Lessor at the time it consents to an Alteration (or at any time prior to expiration of the Lease as to Alterations that do not require Lessor’s consent hereunder), Lessee will
remove any or all Alterations installed by or for Lessee upon the expiration or earlier termination of the Lease. All Alterations not specified to be removed shall at the expiration of earlier termination of the Lease become the property of the
Lessor and remain upon and be surrendered with the Premises. All of Lessee’s movable furniture, business and trade fixtures, and machinery and equipment shall remain the property of the Lessee and may be removed by the Lessee at any time during
the Lease term when Lessee is not in default hereunder, provided that movable equipment owned by Lessee may be removed by Lessee at any time. Items which are not to be deemed as movable furniture, business and trade fixtures, or machinery and
equipment shall include heating, lighting, electrical systems, air conditioning, partitioning, carpeting, or any other installation which has become an integral part of the Premises. The Lessee will give the Lessor five (5) business days notice
prior to the commencement of any Alterations work and will at all times permit notices of non-responsibility to be posted and to remain posted until the completion of Alterations. (See Paragraph 39)

		
	MAINTENANCE	  	 10. Lessee shall, at Lessee’s sole cost, keep and maintain the Premises and appurtenances and every part thereof, including but
not limited to, glazing, plumbing, and electrical systems, and all components of the interior of the Premises in good order, condition, and repair. Lessor shall, at Lessor’s sole cost and expense, maintain the structural integrity of the
exterior walls, and structural portions of the roof, foundations and floors, except that Lessee shall pay, as additional rent, the cost of any repairs or replacements necessitated by the negligence or wrongful act of the Lessee or Lessee’s
agents or employees. Notwithstanding the foregoing, Lessor shall, at Lessee’s sole cost and expense, maintain, repair and (if necessary in the judgment of Lessor’s experts) replace the roof covering, HVAC system, portions of building
systems located outside the Premises, landscaping, sidewalks, parking lot surface and building exteriors (“Lessor’s Maintenance Services”) during the term of this Lease, as may be extended. Lessee shall reimburse Lessor as Additional
Rent the cost incurred by Lessor in performing Lessor’s Maintenance Services, without mark-up, within thirty (30) days after receipt of invoice from Lessor; provided, however, that (except where replacement of the parking lot surface,
landscaping, roof or HVAC components or other such items are necessitated by the acts of the Lessee or Lessee’s agents or employees, in which event Lessee shall pay the costs thereof in a lump sum on demand), costs of the foregoing to the
extent they are capital expenditures in excess of $1,500 in the aggregate in any calendar year shall be amortized over the useful life thereof, and Lessee shall pay Lessor as

  
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		  	 Additional Rent a monthly payment equal to the monthly amortization, together with interest on the unamortized amount at an annual rate of the prime lending rate
plus two percent (Prime + 2%). Lessee expressly waives the benefits of any statute now or hereafter in effect which would otherwise afford the Lessee the right to make repairs at Lessor’s expense or to terminate this Lease because of
Lessor’s failure to keep the Premises in good order, condition or repair.

		
	 FIRE AND

EXTENDED
 COVERAGE

INSURANCE
 AND
SUBROGATION
	  	 11. Lessee shall not use, or permit the Premises, or any part thereof, to be used, for any purposes other than that for which the
Premises are hereby leased and no use shall be made or permitted to be made on the Premises, nor acts done, which will cause a cancellation of any insurance policy covering the Premises, or any part thereof, nor shall Lessee sell or permit to be
kept, used or sold, in or about the Premises, any article which may be prohibited by the standard form of fire insurance policies. Lessee shall, at its sole cost and expense, comply with any and all requirements, pertaining to the Premises, of any
insurance organization or company, necessary for the maintenance of reasonable fire and public liability insurance, covering said building and appurtenances, provided Lessee’s obligation to make alterations pursuant to this sentence shall be
limited in the same manner as set forth in Paragraph 14 below with respect to alterations required by law.

		
		  	 11.1 Lessee shall, at its expense, obtain and keep in force during the term of this Lease (i) a policy of commercial general liability insurance
(including cross liability), with minimum coverages of Two Million and no/l00ths Dollars ($2,000,000.00) per occurrence combined single limit for bodily injury and property damage, with a Two Million and no/l00ths Dollars ($2,000,000.00) general
aggregate limit, insuring Lessee, Lessor, Lessor’s Officers, Lessor’s property manager and Lessor’s lender, against any liability arising out of the condition, use, occupancy or maintenance of the Premises, (ii) workers’
compensation in statutory limits, and (iii) if Tenant operates owned, leased or non-owned vehicles at the Premises, comprehensive automobile liability insurance with a minimum coverage of $1,000,000 per occurrence, combined single limit. Evidence of
coverage must be in the form of a certificate of insurance accompanied by the appropriate additional insured endorsements. The limits of said insurance shall not limit the liability of Lessee hereunder.

		
		  	 11.2 Lessee shall at its expense, keep in force during the term of this Lease, a policy of fire and property damage insurance in a “special”
form with a sprinkler leakage endorsement, insuring Lessee’s inventory, fixtures, equipment, and personal property, and Lessor’s Personal Property (defined in Paragraph 38 hereof) within the Premises for the full replacement value thereof.
Upon execution of this Lease and annually thereafter upon renewal of such policies, Lessee shall provide Lessor with certificates of insurance, together with appropriate endorsements, evidencing coverages the Lessee is required to carry pursuant to
11.1 and 11.2. The policies shall provide for thirty (30) days advance written notice of cancellation to Lessor and Lessor’s lender. The policies shall otherwise be in a form reasonably acceptable to Lessor and be issued by an insurance company
licensed in the State of California and reasonably acceptable to Landlord.

		
		  	 11.3 Lessor shall maintain a policy of commercial general liability insurance and a policy or policies of fire and property damage insurance in a
“special” form including rental interruption coverage, with sprinkler leakage and, at the option of Lessor, earthquake endorsements, covering loss or damage to the building, including Lessee’s leasehold improvements installed with the
written consent of Lessor, for the full replacement cost thereof.

		
		  	 11.4 Lessee shall pay to Lessor as additional rent, during the term hereof, upon receipt of an invoice therefore, one hundred percent (100%) of the
premiums and deductibles (provided, the deductible amount shall be amortized over the useful life of the improvement for which such insurance deductible is applicable and Lessee shall only be obligated to reimburse Lessor for the amortized portion
of the deductible amount that occurs during the term of this Lease, not to exceed $10,000 per year, and provided Lessee shall not be responsible for the cost of earthquake insurance premiums to the extent such costs is in excess of twice the current
premiums for Lessor’s earthquake insurance) for any insurance obtained by Lessor pursuant to 11.3 above. Lessor may obtain such insurance for the Premises separately, or together with other property which Lessor elects to insure together under
blanket policies of insurance. In such case Lessee shall be liable for only such portion of the premiums for such blanket policies as are allocable to the Premises. It is understood and agreed that Lessee’s obligation under this paragraph shall
be prorated to reflect the Commencement Date and Expiration Date of the Lease.

 

 

			
		
		  	 11.5 Notwithstanding anything to the contrary herein, Lessee and Lessor each hereby waive any and all rights of recovery against the other, or against
the officers, directors, employees, partners, agents and representatives of the other, for loss of or damage to the property of the waiving party or the property of others under its control, to the extent such loss or damage is due to a risk insured
against under any insurance policy carried or required to be carried by Lessor or Lessee hereunder without regard to the negligence or willful misconduct of the entity so released. Each party shall notify their respective insurance carriers of this
waiver.

		
	 ABANDON-

MENT
	  	 12. Lessee shall not abandon the Premises at any time during the term; and if Lessee shall abandon or surrender the Premises, or be
dispossessed by process of law, or otherwise, any personal property belonging to Lessee and left on the Premises may be stored and disposed of, at Lessee’s expense, in accordance with applicable laws, at the option of
Lessor.

		
	 FREE FROM

LIENS
	  	 13. Lessee shall keep the Premises and the property in which the Premises are situated, free -from any liens arising out of any work
performed, materials furnished, or obligations incurred by Lessee.

		
	 COMPLIANCE

WITH
 GOVERN-

MENTAL
 REGULATIONS
	  	 14. Lessee shall, at its sole cost and expense, comply with all statutes, codes, ordinances, rules, regulations and other requirements
of all Municipal, State and Federal authorities (collectively, “Laws”) now in force, or which may hereafter be in force, pertaining to the Premises, and shall faithfully observe in the use of the Premises all Municipal ordinances
and State and Federal statutes now in force or which may hereafter be in force. The judgment of any court of competent jurisdiction, or the admission of Lessee in any action or proceeding against Lessee, whether Lessor be a party thereto or not,
that Lessee has violated, or that the Premises are not in compliance with, any Laws in the use of the Premises, shall be conclusive of that fact as between Lessor and Lessee. Lessee’s obligations under this paragraph 14 shall include the
obligation to make, at Lessee’s sole cost, any alterations or improvements to the Premises which are required by applicable Laws, provided that (a) as to such alterations or improvements which are not required by reason of Lessee’s
particular use of the Premises or by reason of other alterations or improvements being undertaken by Lessee, Lessee shall only be required to pay an allocable portion of the costs of such required

  
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		  	 alterations or improvements based on the ratio of the remaining lease term to the useful life of such alterations or improvements, and (b) Lessee shall not be
required to pay any portion of the cost of alterations or improvements which are legally required to be made as of the date of this Lease and as to which Lessor receives notice of such requirement prior to the date thirty (30) days after the date
Lessor delivers possession of the Premises to Lessee.

		
	 INDEMNI-
 FICATION
OF
 LESSOR
	  	 15. Neither Lessor nor Lessor’s agents, nor any shareholder, constituent partner or other owner of Lessor or any agent of Lessor,
nor any contractor, officer, director or employee of any thereof shall be liable to Lessee and Lessee waives all claims against Lessor and such other persons for any injury to or death of any person or for loss of use of or damage to or destruction
of property in or about the Premises by or from any cause whatsoever, unless caused solely by the gross negligence or willful misconduct of Lessor, its agents or employees. Lessee agrees to indemnify and hold Lessor, Lessor’s agents, the
shareholders, constituent partners and/or other owners of Lessor or any agent of Lessor, and all contractors, officers, directors and employees of any thereof (collectively, “Indemnitees”), and each of them, harmless from and to protect
and defend each Indemnitee against any and all claims, demands, suits, liability, damage or loss and against all costs and expenses, including reasonable attorneys’ fees incurred in connection therewith, (a) arising out of any injury or death
of any person or damage to or destruction of property occurring in, on or about the Premises, from any cause whatsoever, unless caused solely by the gross negligence or willful misconduct of such Indemnitee, or (b) occurring in, on or about the
Premises, when such claim, injury or damage is caused or allegedly caused in whole or in part by the act, neglect, default, or omission of any duty by Lessee, its former or current agents, contractors, employees, invitees, or subtenants, or (c)
arising from any failure of Lessee to observe or perform any of its obligations hereunder; provided, however, notwithstanding anything to the contrary herein, Lessor shall not be released or indemnified from any losses, damages, liabilities, claims,
attorneys’ fees, costs and expenses to the extent arising from the gross negligence or willful misconduct of Lessor or its agents or employees, or a breach of Lessor’s obligations or representations under this Lease. The provisions of this
paragraph shall survive the termination of this Lease with respect to any claims or liability occurring prior to such termination.

		
	 ADVERTISE-

MENTS AND

SIGNS
	  	 16. Lessee will not place or permit to be placed, in, upon or about the Premises any unusual or extraordinary signs, or any signs not
approved by the city or other governing authority. The Lessee will not place, or permit to be placed, upon the Premises, any signs, advertisements or notices without the written consent of the Lessor first had and obtained. Any sign so placed on the
Premises shall be so placed upon the understanding and agreement that Lessee will remove same at the termination of the tenancy herein created and repair any damage or injury to the Premises caused thereby, and if not so removed by Lessee then
Lessor may have same so removed at Lessee’s expense. Lessor hereby approves of Lessee’s signage as set forth in Exhibit _ attached hereto.

		
	UTILITIES	  	 17. Lessee shall pay for all water, gas, heat, light, power, telephone service and all other service supplied to the Premises. If the
Premises are not served by a separate water meter, Lessee shall pay to Lessor its share of the water bill for the entire property covered by said bill and of which the Premises are a part, as determined by Lessor based on square footage or other
equitable method.

		
	 ATTORNEY’S

FEES
	  	 18. In case suit should be brought for the possession of the Premises, for the recovery of any sum due hereunder, or because of the
breach of any other covenant herein, the losing party shall pay to the prevailing party a reasonable attorney’s fee, which shall be deemed to have accrued on the commencement of such action and shall be enforceable whether or not such action is
prosecuted to judgment.

		
	 DEFAULT AND

REMEDIES
	  	 19. The occurrence of any one or more of the following events (each an “Event of Default”) shall constitute a breach of this
Lease by Lessee:

		
		  	 (a) Lessee fails to pay any Base Monthly Rent or additional rent under this Lease as and when it becomes due and payable and such
failure continues for more than five (5) days after Lessor gives written notice thereof to Lessee; or

 

 

			
		
		  	 (b) Lessee fails to perform or breaches any other covenant of this Lease to be performed or observed by Lessee as and when
performance or observance is due and such failure or breach continues for more than ten (10) days after Lessor gives written notice thereof to Lessee; provided, however, that if such failure or breach cannot reasonably be cured within such period
often (10) days, an Event of Default shall not exist as long as Lessee commences with due diligence and dispatch the curing of such failure or breach within such period often (10) days and, having so commenced, thereafter prosecutes with diligence
and dispatch and completes the curing of such failure or breach within a reasonable time; or

		
		  	 (c) Lessee files, or consents by answer or otherwise to the filing against it of, a petition for relief or reorganization or
arrangement or any other petition in bankruptcy or for liquidation or to take advantage of any bankruptcy, insolvency or other debtors’ relief law of any jurisdiction; makes an assignment for the benefit of its creditors; or consents to the
appointment of a custodian, receiver, trustee or other officer with similar powers of Lessee or of any substantial part of Lessee’s property; or

		
		  	 (d) A court or government authority enters an order, and such order is not vacated within thirty (30) days, appointing a
custodian, receiver, trustee or other officer with similar powers with respect to Lessee or with respect to any substantial part of Lessee’s property; or constituting an order for relief or approving a petition for relief or reorganization or
arrangement or any other petition in bankruptcy or for liquidation or to take advantage of any bankruptcy, insolvency or other debtors’ relief law of any jurisdiction; or ordering the dissolution, winding-up or liquidation of Lessee;
or

		
		  	 (e) Lessee abandons the Premises.

		
		  	 19.1 If an Event of Default occurs, Lessor shall have the right at any time to give a written termination notice to Lessee and, on the date specified
in such notice, Lessee’s right to possession shall terminate and this Lease shall terminate. Upon such termination, Lessor shall have the right to recover from Lessee:

  
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		  	 (i) The worth at the time of award of all unpaid rent which had been earned at the time of termination;

		
		  	 (ii) The worth at the time of award of the amount by which all unpaid rent which would have been earned after termination until the time of award
exceeds the amount of such rental loss that Lessee proves could have been reasonably avoided;

		
		  	 (iii) The worth at the time of award of the amount by which all unpaid rent for the balance of the term of this Lease after the time of award exceeds
the amount of such rental loss that Lessee proves could be reasonably avoided; and

		
		  	 (iv) All other amounts necessary to compensate Lessor for all the detriment proximately caused by Lessee’s failure to perform all of
Lessee’s obligations under this Lease or which in the ordinary course of things would be likely to result therefrom.

		
		  	The “worth at the time of award” of the amounts referred to in clauses (i) and (ii) above shall be computed by allowing interest at the maximum annual interest rate
allowed by law for business loans (not primarily for personal, family or household purposes) not exempt from the usury law at the time of termination or, if there is no such maximum annual interest rate, at the rate of eighteen percent (18%) per
annum. The “worth at the time of award” of the amount referred to in clause (iii) above shall be computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus one percent
(1%). For the purpose of determining unpaid rent under clauses (i), (ii) and (iii) above, the rent reserved in this Lease shall be deemed to be the total rent payable by Lessee under this Lease, including Base Monthly Rent, additional rent and all
other sums payable by Lessee under this Lease.
		
		  	 19.2 Even though Lessee has breached this Lease, this Lease shall continue in effect for so long as Lessor does not terminate Lessee’s right to
possession, and Lessor shall have all of its rights and remedies, including the right, pursuant to California Civil Code section 1951.4, to recover all rent as it becomes due under this Lease. Acts of maintenance or preservation or efforts to relet
the Premises or the appointment of a receiver upon initiative of Lessor to protect Lessor’s interest under this Lease shall not constitute a termination of Lessee’s right to possession unless written notice of termination is given by
Lessor to Lessee.

		
		  	 19.3 The remedies provided for in this Lease are in addition to all other remedies available to Lessor at law or in equity by statute or
otherwise.

		
	 LATE

CHARGES AND

INTEREST
	  	 20. Lessee hereby acknowledges that late payment by Lessee to Lessor of rent and other sums due hereunder will cause Lessor to incur
costs not contemplated by this lease, the exact amount of which will be extremely difficult to ascertain. Such costs include, but are not limited to, processing and accounting charges, and late charges which may be imposed on Lessor by the terms of
any mortgage or trust deed covering the Premises. Accordingly, if any installment of rent or any other sum due from Lessee shall not be received by Lessor or Lessor’s designee within ten (10) days after such amount shall be due, Lessee shall
pay to Lessor a late charge equal to ten percent (10%) of such overdue amount. The parties hereby agree that such late charge represents a fair and reasonable estimate of the costs Lessor will incur by reason of late payment by Lessee. Acceptance of
such late charge by Lessor shall in no event constitute a waiver of Lessee’s default with respect to such overdue amount, nor prevent Lessor from exercising any of the other rights and remedies granted hereunder.

		
		  	 If any rent payable under the Lease remains delinquent for a period in excess of ten (10) calendar days, then, in addition to any late
charge payable, Lessee shall pay to Lessor interest on any rent that is not so paid from the date due until paid at the then maximum rate of interest not prohibited or made usurious by Law.

		
	 SURRENDER
 OF
LEASE
	  	 21. The voluntary or other surrender of this Lease by Lessee, or a mutual cancellation thereof, shall not work a merger, and shall, at
the option of Lessor, terminate all or any existing subleases or subtenancies, or may, at the option of Lessor, operate as an assignment to Lessor of any or all such subleases or
subtenancies.

 
  

			
		
	TAXES	  	 22. The Lessee shall be liable for all taxes levied against personal property and trade or business fixtures. The Lessee also agrees
to pay, as additional rental, during the term of this Lease and any extensions thereof, all real estate taxes plus the yearly installments of any special assessments which are of record or which may become of record during the term of this lease.
Within thirty (30) days after delivery to Lessee of a tax bill or Lessor’s invoice for taxes, Lessee shall pay such taxes to the taxing authority or to Lessor, as instructed by Lessor. If Lessee fails to pay such taxes within such 30-day
period, then Lessee shall pay, as additional rent, any late fees, penalties or interest assessed by the taxing authorities. If the Premises are a portion of a tax parcel or parcels and this Lease does not cover an entire tax parcel or parcels, the
taxes and assessment installments allocated to the Premises shall be pro-rated on a square footage or other equitable basis, as calculated by the Lessor. It is understood and agreed that the Lessee’s obligation under this paragraph will be
pro-rated to reflect the commencement and termination dates of this Lease.

		
	NOTICES	  	 23. All notices to be given to Lessee may be given in writing personally, by commercial overnight courier or by depositing the same in
the United States mail, postage prepaid, and addressed to Lessee at the said Premises, Attention: Senior Office Manager, whether or not Lessee has departed from, abandoned or vacated the Premises, or such other address as Lessee may, from time to
time designate in writing, except that, prior to the Commencement Date, notices to Lessee shall be addressed to the address of Lessee set forth below. Notices given in accordance with this paragraph shall be deemed received one business day after
sent by commercial overnight courier, three business days after being deposited in the United States mail, or when delivered if delivered personally. All notices to be given to Lessor may be given in writing personally or by depositing the same in
the United States mail, postage prepaid, and addressed to Lessor at the following address or such other address as Lessor may, from time to time designate:

  
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		 	 c/o Renault & Handley

		 	 2500 El Camino Real

		 	 Palo Alto, CA 94306

		
		 	 Lessee’s Pre-Commencement Address:

		
		 	 Ambarella Corporation

		 	 1330 Bordeaux Drive

		 	 Sunnyvale, CA 94089

		 	 Attn: Senior Office Manager

		
	 ENTRY BY

LESSOR
	 	 24. Lessee shall permit Lessor and his agents to enter into and upon the Premises at all reasonable times, upon not less than one
(1) business day’s verbal notice (except in cases of emergency, in which case no notice shall be required), for the purpose of inspecting the same or for the purpose of maintaining the building in which the Premises are situated, or for the
purpose of making repairs, alterations or additions to any other portion of said building, including the erection and maintenance of such scaffolding, canopies, fences and props as may be required without any rebate of rent and without any liability
to Lessee for any loss of occupation or quiet enjoyment of the Premises thereby occasioned; and shall permit Lessor and his agents, at any time within ninety days prior to the expiration of this Lease, to place upon the Premises any usual or
ordinary “For Sale” or “For Lease” signs (but such “For Lease” signs shall not be placed upon the Premises less than one hundred twenty (120) days prior to the expiration of the Lease) and exhibit the Premises to
prospective tenants at reasonable hours. In connection with any such entry, Lessor shall use commercially reasonable efforts to minimize any interference with Tenant’s use of the Premises and to comply with Tenant’s reasonable security
measures.

		
	 DESTRUCTION

OF
 PREMISES
	 	 25. In the event of a partial destruction of the Premises during the term of this Lease from any cause insured against by insurance
carried, or required to be carried, by Lessor under this Lease, Lessor shall forthwith repair the same, provided such repairs can be made within one (1) year under the laws and regulations of State, Federal, County or Municipal authorities, but such
partial destruction shall in no way annul or void this Lease, except that Lessee shall be entitled to a proportionate reduction of rent while such repairs are being made, such proportionate reduction to be based upon the extent to which the making
of such repairs shall interfere with the business carried on by Lessee in the Premises. If the cause of such repairs is not so insured or cannot be made in one (1) year, Lessor may, at his option, make same within a reasonable time, this Lease
continuing in full force and effect and the rent to be proportionately reduced as aforesaid in this paragraph provided. In the event that Lessor does not so elect to make such repairs the cause of which is not so insured or cannot be made in one (1)
year, or such repairs cannot be made under such laws and regulations, this Lease may be terminated at the option of either party. In respect to any partial destruction which Lessor is obligated to repair or may elect to repair under the terms of
this paragraph, the provision of Section 1932, Subdivision 2, and of Section 1933, Subdivision 4, of the Civil Code of the State of California are waived by Lessee. A total destruction of the building in which the Premises may be situated shall
terminate this Lease. In the event of any dispute between Lessor and Lessee relative to the provisions of this paragraph, they shall each select an arbitrator, the two arbitrators so selected shall select a third arbitrator and the three arbitrators
so selected shall hear and determine the controversy and their decision thereon shall be final and binding upon both Lessor and Lessee, who shall bear the cost of such arbitration equally between
them.

 
  

			
		
	 ASSIGNMENT

AND SUBLET-

TING
	 	 26. The Lessee shall not assign, transfer, or hypothecate the leasehold estate under this Lease, or any interest therein, and shall
not sublet the Premises, or any part thereof, or any right or privilege appurtenant thereto, or suffer any other person or entity to occupy or use the Premises, or any portion thereof, without, in each case, the prior written consent of the Lessor.
Lessor shall not unreasonably withhold its consent to a subletting or assignment. The Lessee shall, by thirty (30) days written notice, advise the Lessor of its intent to assign this Lease or sublet the Premises or any portion thereof for any part
of the term hereof, which notice shall include a description of all of the material terms of such assignment or subletting, and a reasonably detailed description of the proposed assignee or sublessee and its business and financial condition. Within
fifteen (15) days after receipt of Lessee’s notice, Lessor shall either give approval to Lessee to assign the Lease or sublease the portion of the Premises described in Lessee’s notice, or notify Lessee of Lessor’s disapproval. In
addition, Lessor shall have the right to terminate this Lease in its entirety on the date specified in Lessee’s notice if Lessee’s notice proposes an assignment of the Lease or if the portion of the Premises described in Lessee’s
notice to be sublet constitutes more than seventy-five percent (75%) of the floor area of the building. If Lessor elects to terminate this Lease pursuant to the preceding sentence, this Lease shall be terminated on the date specified in
Lessee’s notice. If the Lessor approves an assignment or subletting, the Lessee may assign or sublet immediately after receipt of the Lessor’s written approval. In the event Lessee is allowed to assign, transfer or sublet the whole or any
part of the Premises, with the prior written consent of Lessor, then no assignee, transferee or sublessee shall assign or transfer this Lease, either in whole or in part, or sublet the whole or any part of the Premises, without also having obtained
the prior written consent of the Lessor. In the event of any approved assignment or subletting, Lessee shall pay to the Lessor, as additional rental, fifty percent (50%) of all assignment proceeds and rents received by the Lessee from its assignee
or sublessee which are in excess of the amount payable by the Lessee to the Lessor hereunder, after deducting the amount of any market rate real estate brokerage commissions paid by Lessee in connection with the assignment or subletting. A consent
of Lessor to one assignment, transfer, hypothecation, subletting, occupation or use by any other person shall not release Lessee from any of Lessee’s obligations hereunder or be deemed to be a consent to any subsequent similar or dissimilar
assignment, transfer, hypothecation, subletting, occupation or use by any other person. Any such assignment, transfer, hypothecation, subletting, occupation or use without such consent shall be void and shall constitute a breach of this Lease by
Lessee and shall, at the option of Lessor exercised by written notice to Lessee, terminate this Lease. The leasehold estate under this Lease shall not, nor shall any interest therein, be assignable for any purpose by operation of law without the
written consent of Lessor. As a condition to its consent, Lessor may require Lessee to pay all expenses in connection with the assignment (not to exceed $2,000 per request), and Lessor may require Lessee’s assignee or transferee (or other
assignees or transferees) to assume in writing all of the obligations under this Lease.

		
		 	 Any dissolution, or merger, consolidation or other reorganization of Lessee into another entity, or the sale or other transfer in
the aggregate over the term of the Lease of a controlling percentage of the capital stock of Lessee (excluding transfers over a national securities exchange, or any issuance of Lessee’s stock other than in connection with a transaction
requiring Lessor’s consent pursuant to this sentence), or the sale or transfer of all or a substantial

  
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		  	portion (i.e., more than fifty percent (50%) in value) of the assets of Lessee, shall be deemed a voluntary assignment of Lessee’s interest in this Lease; provided that, a
merger, consolidation, reorganization or sale of assets shall not require Lessor’s consent hereunder unless Lessee’s tangible net worth (determined in accordance with generally accepted accounting principles) immediately after such
transaction is less than Lessee’s tangible net worth immediately prior to such transaction. The phrase “controlling percentage” means the ownership of and the right to vote stock possessing more than fifty percent of the total
combined voting power of all classes of Lessee’s capital stock issued, outstanding and entitled to vote for the election of directors. If Lessee is a partnership, a withdrawal or change, voluntary, involuntary or by operation of Law, of any
general partner, or the dissolution of the partnership, shall be deemed a voluntary assignment of Lessee’s interest in this Lease. In the event that, through a merger, stock sale or other transaction, Lessee becomes the subsidiary of any other
entity (a “parent”) and if Lessee’s tangible net worth (determined in accordance with generally accepted accounting principles) at any time after such merger, stock dale or other transaction is less than Lessee’s tangible net
worth immediately prior to such transaction, Lessor shall have the right to require that the parent guaranty all of the Lessee’s obligations under the Lease pursuant to a form of guaranty reasonably satisfactory to Lessor. Notwithstanding
anything to the contrary contained in this Lease, Lessee, without Lessor’s prior written consent but with notice to Lessor, may sublet the Premises or assign this Lease to: (i) a subsidiary, affiliate, franchisee, division, corporation or other
business entity controlling, controlled by or under common control with Lessee; (ii) a successor business entity related to Lessee by merger, consolidation, acquisition, non-bankruptcy reorganization or government action provided such transaction
does not require Lessor’s consent in accordance with this Paragraph 26; or (iii) a purchaser of substantially all of Lessee’s assets provided such transaction does not require Lessor’s consent in accordance with this Paragraph 26
(each, a “Permitted Transfer”, and each entity referenced herein a “Permitted Transferee”). Lessor’s right of recapture and Lessor’s right to excess rent shall not apply to a Permitted Transfer.
		
	 CONDEM- NATION
	  	 27. If any part of the Premises shall be taken for any public or quasi-public use, under any statute or by right of eminent domain
or private purchase in lieu thereof, and a part thereof remains which is susceptible of occupation hereunder, this Lease shall, as to the part so taken, terminate as of the date title shall vest in the condemnor or purchaser, and the rent payable
hereunder shall be adjusted so that the Lessee shall be required to pay for the remainder of the term only such portion of such rent as the value of the part remaining after such taking bears to the value of the entire Premises prior to such taking;
but in such event Lessor shall have the option to terminate this Lease as of the date when title to the part so taken vests in the condemnor or purchaser. If all of the Premises, or such part thereof be taken so that there does not remain a portion
susceptible for occupation hereunder, this Lease shall thereupon terminate. If a part or all of the Premises be taken, all compensation awarded upon such taking shall go to the Lessor and the Lessee shall have no claim thereto; provided that the
Lessee shall have the right to make a separate claim for loss of good will and relocation expenses so long as such claim does not diminish the Lessor’s claim.

		
	EFFECT OF CONVEYANCE	  	 28. The term “Lessor” as used in this Lease, means only the owner for the time being of the land and building containing
the Premises, so that, in the event of any sale of said land or building, the Lessor shall be and hereby is entirely freed and relieved of all covenants and obligations of the Lessor hereunder accruing thereafter, and it shall be deemed and
construed, without further agreement between the parties and the purchaser at any such sale, that the purchaser of the building has assumed and agreed to carry out any and all covenants and obligations of the Lessor hereunder. If any security be
given by the Lessee to secure the faithful performance of all or any of the covenants of this Lease on the part of the Lessee, the Lessor shall transfer and deliver the security, as such, to the purchaser at any such sale, and thereupon the Lessor
shall be discharged from any further liability in reference thereto.

		
	 SUBORDI- NATION
	  	 29. Lessee agrees that this Lease shall be subject and subordinate to any mortgage, deed of trust or other instrument of security
which has been or shall be placed on the land and building or land or building of which the Premises form a part, and this subordination is hereby made effective without any further act of Lessee. The Lessee shall, at any time hereinafter, on
demand, execute any instruments, releases, or other documents that may be required by any mortgagee, mortgagor, or trustor or beneficiary under any deed of trust for the purpose of subjecting and subordinating this Lease to the lien of any such
mortgage, deed of trust or other instrument of security, and the failure of the Lessee to execute any such instruments, releases or documents, shall constitute a default hereunder. Notwithstanding Lessee’s obligations, and the subordination of
the Lease, under this paragraph 29, no mortgagee, trustee or beneficiary under any deed of trust or other instrument of security which may be placed on the Premises shall have the right to terminate the Lease or disturb Lessee’s occupancy
thereunder so long as no Event of Default has occurred and is continuing under this Lease. Lessor shall use commercially reasonable efforts to obtain, prior to the Commencement Date, a subordination, non-disturbance and attornment agreement from any
current holder of a mortgage or deed of trust on, or the ground lessor of, the Premises on commercially reasonable terms (an “SNDA”).

		
	 WAIVER
	  	 30. The waiver by Lessor of any breach of any term, covenant or condition, herein contained shall not be deemed to be a waiver of
such term, covenant or condition or any subsequent breach of the same or any other term, covenant or condition therein contained. The subsequent acceptance of rent hereunder by Lessor shall not be deemed to be a waiver of any preceding breach by
Lessee of any term, covenant or condition of this Lease, other than the failure of Lessee to pay the particular rental so accepted, regardless of Lessor’s knowledge of such preceding breach at the time of acceptance of such
rent.

		
	 HOLDING OVER
	  	 31. Any holding over after the expiration or other termination of the term of this Lease with the written consent of Lessor, shall
be construed to be a tenancy from month to month, at a rental to be negotiated by Lessor and Lessee prior to the expiration of said term, and shall otherwise be on the terms and conditions herein specified, so far as applicable. Any holding over
after the expiration or other termination of the term of this Lease without the written consent of Lessor shall be construed to be a tenancy at sufferance on all the terms set forth herein, except that the Base Monthly Rent shall be an amount equal
to two hundred percent (200%) of the Base Monthly Rent payable by Lessee immediately prior to such holding over, or the fair market rent for the Premises as of such date, whichever is greater.

		
	 SUCCESSORS AND
 ASSIGNS
	  	 32. The covenants and conditions herein contained shall, subject to the provisions as to assignment, apply to and bind the heirs,
successors, executors, administrators and assigns of all of the parties hereto; and all of the parties hereto shall be jointly and severally liable hereunder.

		
	 TIME
	  	 33. Time is of the essence of this Lease.

  
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	 MARGINAL CAPTIONS; COMPLETE AGREEMENT; AMENDMENT
	  	 34. The marginal headings or titles to the paragraphs of this Lease are not a part of this Lease and shall have no effect upon the
construction or interpretation of any part thereof. This instrument contains all of the agreements and conditions made between the parties hereto and may not be modified orally or in any other manner than by an agreement in writing signed by all of
the parties hereto or their respective successors in interest.

		
	 ENVIRON- MENTAL OBLIGATIONS
	  	 35. Lessee’s obligations under this Paragraph 35 shall survive the expiration or termination
of this Lease.
  
 35.1 As
used herein, the term “Hazardous Materials” shall mean any toxic or hazardous substance, material or waste or any pollutant or infectious or radioactive material, including but not limited to those substances, materials or wastes regulated
now or in the future under any of the following statutes or regulations and any and all of those substances included within the definitions of “hazardous substances,” “hazardous materials,” “hazardous waste,”
“hazardous chemical substance or mixture,” “imminently hazardous chemical substance or mixture,” “toxic substances,” “hazardous air pollutant,” “toxic pollutant,” or “solid waste” in the
(a) Comprehensive Environmental Response, Compensation and Liability Act of 1990 (“CERCLA” or “Superfimd”), as amended by the Superfund Amendments and Reauthorization Act of 1986 (“SARA”), 42 U.S.C. § 9601 et
seq., (b) Resource Conservation and Recovery Act of 1976 (“RCRA”), 42 U.S.C. § 6901 et seq., (c) Federal Water Pollution Control Act (“FSPCA”), 33 U.S.C. § 1251 et seq., (d) Clean Air Act
(“CAA”), 42 U.S.C. § 7401 et seq., (e) Toxic Substances Control Act (“TSCA”), 14 U.S.C. § 2601 et seq., (i) Hazardous Materials Transportation Act, 49 U.S.C. § 1801, et seq., (g)
Carpenter-Presley-Tanner Hazardous Substance Account Act (“California Superfund”), Cal. Health & Safety Code § 25300 etseq., (h) California Hazardous Waste Control Act, Cal. Health & Safety code § 25100 et seq.,
(i) Porter- Cologne Water Quality Control Act (“Porter-Cologne Act”), Cal. Water Code § 13000 et seq., (j) Hazardous Waste Disposal Land Use Law, Cal. Health & Safety codes §25220 etseq., (k) Safe Drinking
Water and Toxic Enforcement Act of 1986 (“Proposition 65”), Cal. Health & Safety code § 25249.5 etseq., (1) Hazardous Substances Underground Storage Tank Law, Cal. Health & Safety code § 25280 etseq., (m)
Air Resources Law, Cal. Health & Safety Code § 39000 et seq., and (n) regulations promulgated pursuant to said laws or any replacement thereof, or as similar terms are defined in the federal, state and local laws, statutes,
regulations, orders or rules. The term “Hazardous Materials” shall also mean any and all other biohazardous wastes and substances, materials and wastes which are, or in the future become, regulated under applicable Laws for the protection
of health or the environment, or which are classified as hazardous or toxic substances, materials or wastes, pollutants or contaminants, as defined, listed or regulated by any federal, state or local law, regulation or order or by common law
decision. The term “Hazardous Materials” shall include, without limitation, (i) trichloroethylene, tetrachloroethylene, perchloroethylene and other chlorinated solvents, (ii) any petroleum products or fractions thereof, (iii) asbestos,
(iv) polychlorinted biphenyls, (v) flammable explosives, (vi) urea formaldehyde, (vii) radioactive materials and waste, and (viii) materials and wastes that are harmful to or may threaten human health, ecology or the
environment.

		
		  	 35.2 Notwithstanding anything to the contrary in this Lease, Lessee, at its sole cost, shall comply with all Laws relating to the
storage, use and disposal of Hazardous Materials; provided, however, that Lessee shall not be responsible for contamination of the Premises by Hazardous Materials (a) existing as of the date the Premises are delivered to Lessee unless caused
by Lessee, or (b) migrating from outside the Premises unless caused by Lessee. Lessee shall not store, use or dispose of any Hazardous Materials except for those Hazardous Materials (“Permitted Materials”) which are (a) listed in a
Hazardous Materials management plan (“HMMP”) which Lessee shall submit to appropriate governmental authorities as and when required under applicable Laws, and (b) are either normal quantities of ordinary office or cleaning supplies or are
approved in writing by Lessor. Lessee may use, store and dispose of Permitted Materials provided that (i) such Permitted Materials are used, stored, transported, and disposed of in strict compliance with applicable Laws, and (ii) such Permitted
Materials shall be limited to the materials listed on and may be used only in the quantities specified in the HMMP. In no event shall Lessee cause or permit to be discharged into the plumbing or sewage system of the Premises or onto the land
underlying or adjacent to the Premises any Hazardous Materials. If the presence of Hazardous Materials on the Premises caused or permitted by Lessee results in contamination or deterioration of water or soil, then Lessee shall promptly take any and
all action necessary to clean up such contamination as required by applicable laws, but the foregoing shall in no event be deemed to constitute permission by Lessor to allow the presence of such Hazardous Materials.

		
		  	 35.3 Lessee shall immediately notify Lessor in writing of:

		
		  	 (a) Any enforcement, cleanup, removal, or other governmental or regulatory action instituted, completed or threatened against
Lessee related to any Hazardous Materials;

		
		  	 (b) Any claim made or threatened by any person against Lessee or the Premises relating to damage, contribution, cost recovery compensation, loss or
injury resulting from or claimed to result from any Hazardous Materials; and,

		
		  	 (c) Any reports made to any environmental agency arising out of or in connection with any Hazardous Materials in, discharged at, or removed from
the Premises, including any complaints, notices, warnings or asserted violations in connection therewith.

		
		  	 Lessee shall also supply to Lessor as promptly as possible, and in any event within five (5) business days after Lessee first receives or sends the same, with
copies of all claims, reports, complaints, notices, warnings or asserted violations related in any way to the existence of Hazardous Materials at, in, under or about the Premises or Lessee’s use thereof. Lessee shall, upon Lessor’s
request, promptly deliver to Lessor copies of any documents or information relating to the use, storage or disposal of Hazardous Material on or from the Premises.

		
		  	 35.4 Upon termination or expiration of the Lease, Lessee at its sole expense shall cause all Hazardous Materials placed in or about
the Premises, by Lessee, its agents, contractors, or invitees, and all installations (whether interior or exterior) made by or on behalf of Lessee relating to the storage, use, disposal or transportation of Hazardous Materials to be removed from the
property and transported for use, storage or disposal hi accordance and compliance with all Laws and other requirements respecting Hazardous Materials used or permitted to be used by Lessee. Lessee shall apply for and shall obtain from all
appropriate regulatory authorities (including any applicable fire department or regional water quality control board) all permits, approvals and clearances necessary for the closure of the Premises and shall take all other actions as may be required
to complete the closure of the Premises. In addition, prior to vacating the Premises, Lessee shall, upon Lessor’s request (which request Lessor shall make only if Lessor has reason to believe there may have been a release of Hazardous Materials
on or about

  
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		  	 the Premises during the term of the Lease), undertake and submit to Lessor an environmental site assessment from an environmental consulting company
reasonably acceptable to Lessor which site assessment shall evidence Lessee’s compliance with this Paragraph 35.

		
		  	 35.5 At any time prior to expiration of the Lease term, subject to reasonable prior notice (not less than forty-eight (48) hours)
and Lessee’s reasonable security requirements and provided such activities do not unreasonably interfere with the conduct of Lessee’s business at the Leased Premises, Lessor shall have the right to enter in and upon the Premises in order
to conduct appropriate tests of water and soil to determine whether levels of any Hazardous Materials in excess of legally permissible levels has occurred as a result of Lessee’s use thereof. Lessor shall furnish copies of all such test results
and reports to Lessee and, at Lessee’s option and cost, shall permit split sampling for testing and analysis by Lessee. Such testing shall be at Lessee’s expense if Lessor has a reasonable basis for suspecting and confirms the presence of
Hazardous Materials in the soil or surface or ground water in, on, under, or about the Premises, which has been caused by or resulted from the activities of Lessee, its agents, contractors, or invitees.

		
		  	 35.6 Lessor may voluntarily cooperate in a reasonable manner with the efforts of all governmental agencies in reducing actual or potential
environmental damage. Lessee shall not be entitled to terminate this Lease or to any reduction in or abatement of rent by reason of such compliance or cooperation. Lessee agrees at all times to cooperate fully with the requirements and
recommendations of governmental agencies regulating, or otherwise involved in, the protection of the environment.

		
		  	 35.7 Lessee shall indemnify, defend by counsel reasonably acceptable to Lessor, protect and hold Lessor and each of Lessor’s partners,
employees, agents, attorneys, successors, and assignees, free and harmless from and against any and all claims, damages, liabilities, penalties, forfeitures, losses or expenses (including reasonable attorney’s fees) or death of or injury to any
person or damage to any property whatsoever arising from or caused in whole or in part, directly or indirectly by (A) the presence in, or under or about the Premises or discharge in or from the Premises of any Hazardous Materials caused by Lessee,
its agents, employees, invitees, contractors, assignees, or Lessee’s use, analysis, storage, transportation, disposal, release, threatened release, discharge or generation of Hazardous Materials to, in, on, under, about or from the leased
Premises, or (B) Lessee’s failure to comply with any Hazardous Materials Law. Lessee’s obligations hereunder shall include, without limitation, whether foreseeable or unforeseeable, all costs, of any repair, cleanup or detoxification or
decontamination of the Premises required by by any applicable law, and the preparation and implementation of any closure, remedial action or other required plans in connection therewith, and shall survive the expiration or earlier termination of the
term of this Lease. For purposes of indemnity provision hereof, any actions or omissions of Lessee or by employees, agents, assignees, contractors or subcontractors of Lessee or others acting for or on behalf of Lessee (whether or not they are
negligent, intentional, willful or unlawful) shall be strictly attributable to Lessee.

		
		  	 35.8 To the actual knowledge of Lessor, no Hazardous Material is present on or about the Premises or the soil, surface water or groundwater thereof
in violation of applicable laws. Under no circumstance shall Lessee be liable for any losses, costs, claims, liabilities and damages (including attorneys’ and consultants’ fees) arising from the presence of any Hazardous Material on or
about the Premises (a) on or prior to the Commencement Date and not caused by Lessee or its agents, employees or contractors, or (b) caused by Lessor or its agents, employees or contractors.

		
	 LESSOR’S RIGHT

TO PERFORM
	  	 36. If Lessee shall fail to perform any obligation or covenant pursuant to this Lease within a reasonable period of time (not to exceed 15 days)
following notice from Lessor to do so, then Lessor may, at its election and without waiving any other remedy it may otherwise have under this Lease or at law, perform such obligation or covenant and Lessee shall pay to Lessor, as Additional Rent,
the costs incurred by Lessor in performing such obligation or covenant.

 

 

			
		
	 OPTION TO

EXTEND
	  	 37. Provided that Lessee is not in default under the Lease after applicable notice and cure periods and has faithfully performed
its obligations under the Lease within applicable notice and cure periods, Lessee shall have one (1) option to extend the term of this Lease (“Option to Extend”) for a period of two (2) years commencing March 1, 2010 (“Option
Period”) on all the same terms and conditions of the Lease excepting that there shall be no additional options to extend and excepting the Base Monthly Rent which shall be at the then current fair market rental value for the Premises as
improved (“FMV”). However, notwithstanding anything to the contrary in this Lease, in no event shall the Base Monthly Rent for the Option Period be less than that being paid during the month most immediately preceding the Option Period
without the consent of Lessor. In establishing FMV for the Premises, the parties shall consider only direct leases for comparable office/R&D space in Santa Clara occurring during the six months most immediately preceding the Lessee’s
exercise of this Option to Extend (“Comparable Leases”), taking into consideration the terms and conditions of this Lease and Comparable Leases and the condition of, and state of improvements in, the Premises and the premises demised under
Comparable Leases. This Option to Extend shall be personal to Lessee and Permitted Transferees and may not be transferred through assignment or sublease without the express written consent of Lessor.

		
		  	 Lessee shall exercise its Option to Extend by giving written notice to Lessor of its intent to do so not less than three (3) months nor more than six (6)
months prior to the Option Period. Lessor and Lessee shall negotiate FMV within thirty (30) days following Lessee’s written notice as set forth above. In the event Lessor and Lessee cannot agree upon FMV within the thirty-day period set forth
above, then each party shall within five (5) days, appoint a licensed commercial real estate broker who is active in commercial and industrial leasing in Santa Clara County and the two brokers so appointed shall meet within twenty-one (21) days of
the second broker’s appointment to make a determination of FMV. The determination of the brokers as set forth herein shall be binding upon Lessor and Lessee. If the two brokers cannot reach agreement within five (5) days of their initial
meeting, then the two shall immediately thereafter appoint a third broker with the same qualifications and within twenty-one (21) days of the third brokers’ appointment, all three brokers shall meet to make a determination of FMV. If agreement
cannot be reached, then the two closest opinions of FMV shall be averaged, and the resulting figure shall become the Base Monthly Rent for the Option Period and be binding on Lessor and Lessee. Lessor and Lessee shall pay the fee of their respective
broker and shall share the cost of the third broker, if necessary.

  
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	FURNITURE & EQUIPMENT	  	 38. With the exception of the server racks presently located in the large lab which shall be removed by the current tenant, Lessee
shall be permitted to use at no additional charge and without warranty during the term of this Lease, Lessor’s cubicles, furniture, server room racks, phone and security systems (collectively hereinafter “Lessor’s Personal
Property”) as set forth in a detailed Asset Inventory incorporated herein as Exhibit “A” to this Lease. The telephone and security systems and data links connected to the cubicles and server room shall be delivered to Lessee in their
current condition and locations in the Premises as of the date hereof. Upon expiration or sooner termination of this Lease, Lessee shall surrender the Premises, leaving all of Lessor’s Personal Property in the same good condition as delivered
to Lessee by Lessor, ordinary wear and tear excepted.

		
	TENANT IMPROVEMENTS	  	 39. Lessor shall, at its sole expense, demise the large existing lab room into two separate labs, add an additional six (6) tons of
HVAC capacity to the existing server room, re-lamp existing light fixtures, replace missing or stained ceiling tiles and touch up paint throughout the Premises, as necessary and perform the other work described on Exhibit B attached hereto (the
“Tenant Improvements”). Lessor shall construct the Tenant Improvements through its general contractor, Vance Brown, Inc. and shall use commercially reasonable efforts to cause the Tenant Improvements to be substantially complete within
fifteen (15) days after the Commencement Date. The term “substantially complete” shall mean complete but for minor items such that Lessee is able to occupy and use the Premises without material interference. The Tenant Improvements shall
be constructed in accordance with applicable laws, in a good and workmanlike manner, free of defects and using new materials and equipment of good quality. Lessee shall have the right to submit a written “punch list” to Lessor, setting
forth any materially defective item of construction, and Lessor shall promptly cause such items to be corrected. If Lessor fails to substantially complete the Tenant Improvements within fifteen (15) days after the Commencement Date, the dates set
forth in Section 4, commencing with February 28, 2007 shall be delayed by one (1) day for each day substantial completion is delayed beyond such date, except to the extent such delay results from Tenant’s acts or omissions (such as change
orders or interference with the progress of the work) or from force majeure. All additional improvements required by Lessee in conjunction with the Tenant Improvements or to be performed prior to occupancy shall be constructed by Vance Brown and
paid for by Lessee in cash directly to Vance Brown, Inc.; provided, however, Lessee shall have the right to install itself new server racks in the server room of the Premises. For all subsequent tenant improvement work to be performed on the
Premises by Lessee during the Lease Term, Lessee shall select its own contractor pursuant to the terms of Paragraph 9 of this Lease. See existing improvement plan and new Tenant Improvement plan attached hereto as Exhibit B.

		
	 APPROVALS
	  	 40. Whenever this Lease requires an approval, consent, determination, selection or judgment by either Lessor or Lessee, unless
another standard is expressly set forth, such approval, consent, determination, selection or judgment and any conditions imposed thereby shall be reasonable and shall not be unreasonably withheld or delayed.

		
		  	 THIS LEASE HAS BEEN PREPARED FOR SUBMISSION TO YOUR ATTORNEY WHO WILL REVIEW THE DOCUMENT AND ASSIST YOU TO DETERMINE WHETHER YOUR LEGAL RIGHTS ARE ADEQUATELY
PROTECTED. RENAULT & HANDLEY IS NOT AUTHORIZED TO GIVE LEGAL AND TAX ADVICE. NO REPRESENTATION OR RECOMMENDATION IS MADE BY RENAULT & HANDLEY OR ITS AGENTS OR EMPLOYEES AS TO THE LEGAL SUFFICIENCY, LEGAL EFFECT OR TAX CONSEQUENCES OF THIS
DOCUMENT OR ANY TRANSACTION RELATING THERETO. THESE ARE QUESTIONS FOR YOUR ATTORNEY WITH WHOM YOU SHOULD CONSULT BEFORE SIGNING THIS DOCUMENT.

		
		  	 IN WITNESS WHEREOF, Lessor and Lessee have executed these presents, the day and year first above written.

 

							
		 	 LESSOR:
	  	 LESSEE:

			
		 	 Renault & Handley Employees Investment Co.
	  	 Ambarella Corporation, A Delaware corporation

				
		 	 /s/ George O. McKee
	  	 By:
	  	 /s/ Fermi Wang

		 	 George O. McKee, President
	  	 Its:
	  	 President

				
		 		  	 By:
	  	 /s/ Fermi Wang

		 		  	 Its:
	  	 Secretary

  
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 Memorandum of Lease Commencement 

 

			
		  	 Re: That certain Lease dated September 29, 2006, by and between Renault & Handley Employees Investment Co. as Lessor and Ambarella Corporation,
a Delaware corporation as Lessee, for the Premises located at 2975 San Ysidro Way, Santa Clara, California (the “Lease”).

		
		  	 Pursuant to Paragraph 6 of the Lease, Lessor delivered possession of the Premises to Lessee on February 21, 2007. Accordingly, the following adjustments
to the dates contained in the Lease are hereby acknowledged by Lessor and Lessee:

		
		  	 The term shall be for thirty seven (37) months commencing February 22, 2007 (the “Commencement Date”) and ending March 21,
2010.

		
		  	 Base Monthly Rent for the period February 22, 2007 through March 21, 2007 shall be abated. Prepaid rent in the amount of $13,200 shall be applied as
Base Monthly Rent for the Period of March 22, 2007 through April 21, 2007. On April 1, 2007, Seven Thousand Nine Hundred Twenty and No 00/100ths Dollars ($7,920.00) shall be due as Base Monthly Rent for the period April 22, 2007
through April 30, 2007. On May 1, 2007 and on the first day of each succeeding month to and including February 1, 2008, Twenty Six Thousand Four Hundred and No 00/100ths Dollars ($26,400.00) shall be due. On March 1, 2008, Twenty Six
Thousand Seven Hundred Fifty Four and 84/100ths Dollars ($26,754.84) shall be due. Commencing on April 1 2008 and on the first day of each succeeding month to and including February 1, 2009, Twenty Seven Thousand Five Hundred and No
00/100ths Dollars ($27,500.00) shall be due. On March 1, 2009, Twenty Seven Thousand Eight Hundred Fifty Four and 84/100ths Dollars ($27,854.84) shall be due. Commencing on April 1, 2009 and on the first day of each succeeding month to and
including February 1, 2010, Twenty Eight Thousand Six Hundred and No 00/100ths Dollars ($28,600.00) shall be due. On March 1, 2010, Nineteen Thousand Three Hundred Seventy Four and 19/100ths Dollars ($19,374.19) shall be
due.

		
		  	 All capitalized terms used but not defined herein shall have the same meaning as contained in die Lease and those terms redefined here shall have the same new
definition applied to them in the Lease as well.

		
		  	Acknowledged and Agreed:

  

			
		 	Renault & Handley Employees Investment Co.
		
		 	 /s/ George O. McKee

		 	 George O. McKee, President

		
		 	 Date: 2/22/07

		
		 	 Ambarella Corporation

		
		 	 /s/ Fermi Wang

		 	 Fermi Wang, President and Secretary

		
		 	 Date:

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