Document:

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                                                           EXHIBIT 10.62

                             CONTRIBUTION AGREEMENT

                          dated as of November 30, 1999

                                     between

                            PHOENIX TECHNOLOGIES LTD.

                                       and

                              INSILICON CORPORATION

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                                TABLE OF CONTENTS

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                                                                    PAGE
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ARTICLE I    DEFINITIONS..........................................    1

     Section 1.1.  Definitions....................................    1

     Section 1.2.  Internal References............................    5

ARTICLE II   CONTRIBUTION OF ASSETS AND ASSUMPTION OF LIABILITIES;
             ISSUANCE OF INSILICON SHARES.........................    5

     Section 2.1.  Contribution of Assets.........................    5

     Section 2.2.  Assignment and Assumption of Liabilities.......    6

     Section 2.3.  Transfers Not Effected On or Prior to
                   the Separation Date............................    7

     Section 2.4.  No Representations or Warranties; Consents.....    7

     Section 2.5.  Documents Relating to Transfer of Assets and
                   Assignment and Assumption of Liabilities.......    8

     Section 2.6.  Issuance of inSilicon Shares...................    8

ARTICLE III  REPRESENTATIONS AND WARRANTIES.......................    9

     Section 3.1.  Representations and Warranties of inSilicon....    9

     Section 3.2.  Representations and Warranties of
                   Phoenix; Legends...............................    9

ARTICLE IV   RIGHT OF FIRST OFFER.................................   10

     Section 4.1.  Grant of Right of First Offer..................   10

     Section 4.2.  Terms of Offer and Purchase....................   10

ARTICLE V    BRIDGE LOAN..........................................   11

     Section 5.1.  Request for Advance............................   11

     Section 5.2.  Advances by inSilicon..........................   11

     Section 5.3.  Interest.......................................   11

     Section 5.4.  Repayment......................................   11

ARTICLE VI   MISCELLANEOUS........................................   11

     Section 6.1.  Expenses.......................................   11

     Section 6.2.  Notices........................................   12

     Section 6.3.  Amendment and Waiver...........................   12

     Section 6.4.  Counterparts...................................   12

     Section 6.5.  Governing Law..................................   12

     Section 6.6.  Entire Agreement...............................   12

     Section 6.7.  Parties in Interest............................   12

     Section 6.8.  Exhibits and Schedules.........................   13

                                     -i-
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                                TABLE OF CONTENTS
                                   (CONTINUED)

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     Section 6.9.  Legal Enforceability...........................   13

     Section 6.10. Covenants of inSilicon.........................   13

     Section 6.11. Titles and Headings............................   14

     Section 6.12. Conflicting Agreements.........................   14

     Section 6.13. Disputes.......................................   14

     Section 6.14. Adjustments for Stock Splits and
                   Recapitalizations..............................   14

SCHEDULE 1.1(a) INSILICON CONTRACTS...............................    1

SCHEDULE 2.1(f) EQUIPMENT AND OTHER ASSETS........................    1

SCHEDULE 2.1(g) INTELLECTUAL PROPERTY.............................    1

SCHEDULE 2.1(j) INDUSTRY ASSOCIATIONS.............................    1

SCHEDULE 2.4(a) SPECIFIED INTELLECTUAL PROPERTY...................    1
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                                     -ii-
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                             CONTRIBUTION AGREEMENT

         This Contribution Agreement (this "Agreement") is entered into
effective as of November 30, 1999 by and between Phoenix Technologies Ltd., a
Delaware corporation ("Phoenix"), and inSilicon Corporation, a Delaware
corporation and a wholly owned subsidiary of Phoenix ("inSilicon").

                                    RECITALS

         WHEREAS, the Board of Directors of Phoenix has determined that it is in
the best interests of Phoenix and inSilicon to separate the Business from
Phoenix's other operations; and

         WHEREAS, in furtherance of the foregoing, it is appropriate and
desirable to transfer the Semiconductor Intellectual Property Assets to
inSilicon and to cause inSilicon to assume the Semiconductor Intellectual
Property Liabilities, all as more fully described in this Agreement (such
transfer of assets and assumption of liabilities are hereinafter referred to as
the "Separation");

         WHEREAS, it is appropriate and desirable to set forth the principal
corporate transactions required to effect the Separation.

         NOW, THEREFORE, in consideration of the foregoing premises and the
mutual agreements, provisions and covenants contained in this Agreement, the
parties hereby agree as follows:

                                    ARTICLE I

                                   DEFINITIONS

         Section 1.1. DEFINITIONS. As used in this Agreement, the following
terms have the following meanings:

         "ACTION" means any claim, suit, arbitration, inquiry, proceeding or
investigation by or before any court, governmental or regulatory or
administrative agency or commission or any other tribunal or other Governmental
Authority.

         "AFFILIATE" of any specified Person means any other Person that,
directly or indirectly, controls, is controlled by or is under common control
with such specified Person.

         "AGREEMENT" has the meaning set forth in the preamble hereof, as such
agreement may be amended and supplemented from time to time in accordance with
its terms.

         "ANCILLARY AGREEMENTS" means the IPO Agreement and the Services and
Cost-Sharing Agreement and each of the following agreements between Phoenix and
inSilicon dated as of November 30, 1999, as the same may be amended from time to
time: the Tax-Sharing Agreement, the Employee Matters Agreement and the
Registration Rights Agreement and Technology Distributor Agreement.

<PAGE>

         "BUSINESS" means the business and operations of Phoenix engaged in the
development and licensing of semiconductor intellectual property cores, silicon
subsystems, firmware stacks and drivers and test environments, simulation models
and verification systems related thereto, as well as service, maintenance and
customizations of same.

         "COMMON STOCK" means the common stock, par value $0.001 per share, of
inSilicon.

         "CONSENTS" means any consents, waivers or approvals from, or
notification requirements to, any third parties.

         "CONTRACTS" means any contract, agreement, lease, license, sales order,
purchase order, instrument or other commitment that is binding on any Person or
any part of its property under applicable law.

         "GAAP" shall have the meaning set forth in Section 6.10(a).

         "GOVERNMENTAL AUTHORITY" means any federal, state, local, foreign or
international court, government, department, commission, board, bureau,
agency, official or other regulatory, administrative or governmental
authority.

        "INSILICON" has the meaning set forth in the preamble of this
Agreement.

        "INSILICON BALANCE SHEET" means the audited balance sheet of
inSilicon, including the notes thereto, as of September 30, 1999.

        "INSILICON CAPITAL STOCK" means any shares of or securities
convertible into or exercisable for any shares of any class of capital stock
of inSilicon.

        "INSILICON CONTRACTS" means the following Contracts related to the
Business to which Phoenix or any of its Affiliates is a party or by which it
or any of its Affiliates or their respective assets is bound, whether or not
in writing, including but not limited to:

         (a) all Contracts listed or described on Schedule 1.1(a);

         (b) any Contracts entered into in the name of, or expressly on behalf
of, inSilicon (including its former names, RaviCad, Virtual Chips, Sand, Award
(as related to the IFG group of Award), and semiconductor IP Group); and

         (c) any guarantee, indemnity, representation, warranty or other
Liability of inSilicon or Phoenix in respect of any other inSilicon Contract,
any Semiconductor Intellectual Property Liability or the Business.

          "INTELLECTUAL PROPERTY" means (a) inventions, whether or not
patentable, whether or not reduced to practice or whether or not yet made the
subject of a pending patent application or applications or draft applications
(b) ideas and conceptions of potentially patentable subject matter, including,
without limitation, any patent disclosures invention disclosures, whether or not
reduced to practice and whether or not yet made the subject of a pending patent
application or applications, (c) national (including the United States) and
multinational statutory invention

                                      2
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registrations, patents, patent registrations and patent applications
(including all reissues, divisions, continuations, continuations-in-part,
extensions and reexaminations and all patents issuing thereon) and all rights
therein provided by multinational treaties or conventions and all
improvements to the inventions disclosed in each such registration, patent or
application, (d) trademarks, service marks, trade dress, logos, trade names
domain names, web addresses and corporate names, whether or not registered,
including all common law rights, and registrations and applications for
registration thereof, including, but not limited to, all marks registered in
the United States Patent and Trademark Office, the Trademark Offices of the
States and Territories of the United States of America, and the Trademark
offices of other nations throughout the world, and all rights therein
provided by multinational treaties or conventions, (e) copyrights (registered
existing commerce or otherwise) and registrations and applications for
registration thereof, and all rights therein provided by multinational
treaties or conventions, (f) moral rights (including, without limitation,
rights of paternity and integrity), and waivers of such rights by others, (g)
computer software, including, without limitation, source code, object code,
programming notes, operating systems and specifications, data, data bases,
files, documentation and other materials related thereto, data and
documentation, (h) trade secrets and confidential, technical or business
information (including ideas, formulas, systems, methodologies, compositions,
inventions, and conceptions of inventions whether patentable or unpatentable
and whether or not reduced to practice), (i) whether or not confidential,
technology (including know-how and show-how), manufacturing, production,
design and verification processes and techniques, research and development
information, drawings, specifications, designs, plans, proposals, technical
data, copyrightable works, financial, marketing and business data, pricing
and cost information, business and marketing plans and customer and supplier
lists and information, (j) copies and tangible embodiments of all the
foregoing, in whatever form or medium, (k) all rights to obtain and rights to
apply for patents, and to register trademarks and copyrights, and all other
intelectual property rights anywhere in the world, and (l) all rights to sue
and recover and retain damages and costs and attorneys' fees for present and
past infringement of any of the Intellectual Property rights hereinabove set
out.

         "IPO AGREEMENT" means that certain Initial Public Offering Agreement
between inSilicon and Phoenix dated as of November 30, 1999, as the same may be
amended from time to time.

         "IPO DATE" means the date of the closing of the first qualified IPO.

         "LIABILITIES" means any and all claims, charges, debts, demands,
Actions, causes of Action, suits, damages, obligations, payments, costs and
expenses, accounts, bonds, indemnities and similar obligations, covenants,
Contracts, agreements, promises, guarantees and other liabilities, including all
contractual obligations, whether absolute or contingent, matured or not matured,
liquidated or unliquidated, accrued or not accrued, known or unknown, whenever
arising, and including those arising under any law, rule, regulation, Action,
threatened or contemplated Action (including the costs and expenses of demands,
assessments, judgments, settlements and compromises relating thereto), order or
consent decree of any Governmental Authority or any award of any arbitrator or
mediator of any kind, and those arising under any contract, commitment or
undertaking, including those arising under this Agreement, whether or not
recorded or reflected or required to be recorded or reflected on the books and
records or financial statements of any Person.

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         "NOTICE" has the meaning set forth in Section 4.2.

         "PERSON" means an individual, a general or limited partnership, a
corporation, a trust, a joint venture, an unincorporated organization, a limited
liability company, any other entity and any Governmental Authority.

         "PHOENIX" has the meaning set forth in the preamble of this Agreement.

         "PHOENIX GROUP" means Phoenix and each Person (other than inSilicon and
its subsidiaries) that is an Affiliate of Phoenix immediately after the
Separation Date.

          "QUALIFIED IPO" means a firm commitment underwritten public offering
by inSilicon of shares of its Common Stock pursuant to a registration statement
under the Securities Act, the public offering price of which is not less than
$7.50 per share (appropriately adjusted for any stock split, dividend,
combination or other recapitalization after the date hereof and which results in
aggregate cash proceeds to inSilicon of $10 million.

          "SECURITIES" means the Series A Preferred Stock, the Warrant and the
Common Stock issuable upon conversion or exercise thereof.

         "SECURITIES ACT" means the Securities Act of 1933, as amended, or any
successor statute.

         "SEMICONDUCTOR INTELLECTUAL PROPERTY ASSETS" has the meaning set forth
in Section 2.1(a).

         "SEMICONDUCTOR INTELLECTUAL PROPERTY LIABILITIES" has the meaning set
forth in Section 2.2.

         "SEPARATION" has the meaning specified in the second recital of this
Agreement.

         "SEPARATION DATE" means November 30, 1999.

         "SERIES A PREFERRED STOCK" means the Series Preferred Stock, par value
$.001 per share, of inSilicon.

         "SERVICES AND COST-SHARING AGREEMENT" means that certain Services and
Cost-Sharing Agreement between inSilicon and Phoenix dated as of November 30,
1999, as the same may be amended from time to time.

         "SHORTFALL AMOUNT" has the meaning set forth in Section 5.1.

         "SHORTFALL REQUEST" has the meaning set forth in Section 5.1.

         "WARRANT" means the warrant to purchase shares of Common Stock in the
form set forth on Exhibit A.

         Unless otherwise specified, any reference to any "subsidiary" or
"subsidiaries" of Phoenix shall not include inSilicon.

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         Section 1.2. INTERNAL REFERENCES. Unless the context indicates
otherwise, references to Articles, Sections and paragraphs shall refer to the
corresponding articles, sections and paragraphs in this Agreement and references
to the parties shall mean the parties to this Agreement.

                                   ARTICLE II

                           CONTRIBUTION OF ASSETS AND
             ASSUMPTION OF LIABILITIES; ISSUANCE OF INSILICON SHARES

         Section 2.1. CONTRIBUTION OF ASSETS. Phoenix hereby assigns, transfers,
conveys and delivers to inSilicon as of the Separation Date, and agrees to cause
each of its subsidiaries to assign, transfer, convey and deliver to inSilicon as
of the Separation Date, and inSilicon hereby accepts from Phoenix and such
subsidiaries as of the Separation Date, all of Phoenix's and such subsidiaries'
respective right, title and interest in or under the following assets primarily
related to the Business (the "Semiconductor Intellectual Property Assets"):

         (a) all assets reflected in the inSilicon Balance Sheet as "Assets" of
inSilicon, subject to any dispositions of such assets after the date of the
inSilicon Balance Sheet;

         (b) all assets that have been written off, expensed or fully
depreciated that, had they not been written off, expensed or fully depreciated,
would have been reflected in the inSilicon Balance Sheet in accordance with the
principles and accounting policies under which the inSilicon Balance Sheet was
prepared; and

         (c) all assets acquired by Phoenix or its subsidiaries after the date
of the inSilicon Balance Sheet that would have been reflected in the
consolidated balance sheet of inSilicon as of the Separation Date if such
consolidated balance sheet was prepared using the same principles and accounting
policies under which the inSilicon Balance Sheet was prepared; and

         (d) all assets that are used primarily by the Business at the
Separation Date but are not reflected in the inSilicon Balance Sheet due to
mistake or unintentional omission; PROVIDED, HOWEVER, that no such asset shall
be a Semiconductor Intellectual Property Asset unless inSilicon has, on or
before the first anniversary of the IPO Date, given notice that such asset is a
Semiconductor Intellectual Property Asset and thereafter cooperate for transfer
of those assets agreed to as being assets related to the Business;

         (e) the inSilicon Contracts;

         (f) the equipment and other assets used primarily by employees of
Phoenix that will become employees of inSilicon in connection with the
Separation, a list of which is set forth in Schedule 2.1(f).

         (g) the Intellectual Property set forth on Schedule 2.1(g);

         (h) the right to use all corporate documentation, license agreements
and forms necessary to conduct the Business that are owned by Phoenix on the
date hereof ;

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         (i) Services and costs to inSilicon under the Services and Cost-Sharing
Agreement for the month of December 1999 equal to the lesser of the amount that
would otherwise be due and payable thereunder and $550,000; and

         (j) Phoenix's membership's in the industry associations listed on
Schedule 2.1(j).

         Section 2.2. ASSIGNMENT AND ASSUMPTION OF LIABILITIES. inSilicon hereby
assumes and agrees as of the Separation Date faithfully to pay, perform and
fulfill all obligations under the following in accordance with their respective
terms (the "SEMICONDUCTOR INTELLECTUAL PROPERTY LIABILITIES"):

         (a) all Liabilities reflected as "Liabilities" or obligations of
inSilicon in the inSilicon Balance Sheet, subject to any discharge of such
Liabilities after the date of the inSilicon Balance Sheet.

         (b) all Liabilities of Phoenix or its subsidiaries that arise after the
date of the inSilicon Balance Sheet that would be reflected in the consolidated
balance sheet of inSilicon as of the Separation Date if such consolidated
balance sheet was prepared using the same principles and accounting policies
under which the inSilicon Balance Sheet was prepared;

         (c) all Liabilities that are related primarily to the Business at the
Separation Date but are not reflected in the inSilicon Balance Sheet due to
mistake or unintentional omission; PROVIDED, HOWEVER, that no such Liability
shall be a Semiconductor Intellectual Property Liability unless Phoenix, on or
before the first anniversary of the IPO Date, has given inSilicon notice that
such Liability is a Semiconductor Intellectual Property Liability;

         (d) except as may be explicitly provided in an Ancillary Agreement, all
Liabilities whether arising before, on or after the Separation Date, primarily
related to, arising out of or resulting from:

                  (i)   the operation of the Business, as conducted at any time
         prior to, on or after the Separation Date (including any Liability
         relating to, arising out of or resulting from any act or failure to act
         by any director, officer, employee, agent or representative (whether or
         not such act or failure to act is or was within such Person's
         authority));

                  (ii)  the operation of any business conducted directly or
         indirectly by inSilicon at any time after the Separation Date
         (including any Liability relating to, arising out of or resulting from
         any act or failure to act by any director, officer, employee, agent or
         representative (whether or not such act or failure to act is or was
         within such Person's authority));

                  (iii) the Semiconductor Intellectual Property Assets; or

                  (iv)  the acquisition of Sand Microelectronics, Inc.,
         including, but not limited to those related to, arising out of or
         resulting from the Agreement and Plan of Reorganization dated as of
         September 17, 1998 by and among Phoenix Technologies Ltd., Phoenix
         SubCorp., Sand Microelectronics Inc. and Babu Chilukuri, Anand Naidu

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<PAGE>

         and Ajit Deora, the agreements referred to therein and the retention
         bonus program established in connection therewith.

         Section 2.3. TRANSFERS NOT EFFECTED ON OR PRIOR TO THE SEPARATION DATE.
To the extent any transfers contemplated by this Article II shall not have been
fully effected on or before the Separation Date, Phoenix and inSilicon shall
cooperate to effect such transfers as promptly as possible following the
Separation Date. Nothing herein shall be deemed to require the transfer of any
assets or the assignment or assumption of any Liabilities that by their terms or
by operation of law cannot be so transferred, assigned or assumed; PROVIDED,
HOWEVER, that any such asset shall be deemed a Semiconductor Intellectual
Property Asset for purposes of determining whether any Liability is a inSilicon
Liability or any benefit received related to the Business and should be held for
the benefit of inSilicon; and PROVIDED, FURTHER, that Phoenix and inSilicon and
their respective Affiliates shall cooperate in seeking to obtain any necessary
Consents for the transfer of all assets and the assignment or assumption of all
Liabilities as contemplated by this Article II. In the event that any transfer
of assets or assignment or assumption of Liabilities contemplated by this
Article II has not been consummated effective as of the Separation Date, (a) the
party retaining such assets shall thereafter hold such assets in trust for the
use and benefit of the party entitled thereto (at the expense of the party
entitled thereto); and (b) the party retaining such Liabilities shall thereafter
hold such Liabilities for the account of the party assuming such Liability or to
whom such Liability is to be assigned pursuant hereto (at the expense of the
party assuming such Liability or to whom such Liability is to be assigned), and
in each such case shall take such other actions as it may be commercially
reasonable for the Person to whom such asset is to be transferred to request in
order to place such Person, insofar as reasonably possible, in the same position
as if such asset had been transferred as contemplated hereby and so that all the
benefits and burdens relating to such Semiconductor Intellectual Property Assets
(or such Non-Semiconductor Intellectual Property Assets, as the case may be),
including possession, use, revenue, risk of loss, potential for gain, and
dominion, control and command over such assets, are to inure from and after the
Separation Date to inSilicon (or the Phoenix Group, as the case may be). As and
when any such asset or Liability becomes transferable, assignable or assumable,
as the case may be, such transfer, assignment or assumption, as the case may be,
shall be effected forthwith. Phoenix and inSilicon agree that, as of the
Separation Date, each party hereto shall be deemed to have acquired complete and
sole beneficial ownership over all of the assets, together with all of the
rights, powers and privileges incidental thereto, that such party is entitled to
acquire pursuant to the terms of this Agreement.

         Section 2.4. NO REPRESENTATIONS OR WARRANTIES; CONSENTS. (a) Each of
the parties hereto understands and agrees that no party hereto is, in this
Agreement representing or warranting in any way as to the value or freedom from
encumbrance of, or any other matter concerning, any assets of such party, or as
to the legal sufficiency to convey title to an asset transferred pursuant to
this Agreement, including, without limitation, any conveyancing or assumption
instruments. It is also agreed and understood that there are no warranties
whatsoever, express or implied, given by either party to this Agreement, as to
the condition, quality, merchantability or fitness of any of the assets,
businesses or other rights transferred or retained by the parties, as the case
may be, and all such assets, businesses and other rights shall be "as is, where
is" and "with all faults" (provided that the absence of warranties given by the
parties shall not negate the allocation of Liabilities under this Agreement and
shall have no effect on any manufacturers, sellers, or other third party
warranties that are intended to be transferred

                                      7
<PAGE>

with such assets), and inSilicon shall bear the economic and legal risks that
any conveyance shall prove to be insufficient to vest in it good and
marketable title, free and clear of any security interest, pledge, lien,
charge, claim, option, right to acquire, covenant, condition, restriction on
transfer or other encumbrance of any nature whatsoever. Notwithstanding the
foregoing, Phoenix represents and warrants to inSilicon that it has good and
marketable title to the Intellectual Property listed on Schedule 2.4(a).

         (b) Each party hereto understands and agrees that no party hereto is,
in this Agreement or any other agreement or document contemplated by this
Agreement or otherwise, representing or warranting in any way that the obtaining
of any Consents, the execution and delivery of any amendatory agreements and the
taking of any filings or applications contemplated by this Agreement will
satisfy the provisions of any or all applicable laws or judgments or other
instruments or agreements relating to such assets.

         Notwithstanding the foregoing, the parties shall use commercially
reasonable efforts in the United States (and best efforts in jurisdictions
outside the United States) to obtain all Consents (including such Consents as
may be required by any Governmental Authority). The parties shall also use
commercially reasonable efforts to make all filings and applications
contemplated by this Agreement, and shall take all such further actions as shall
be deemed reasonably necessary to preserve for each of Phoenix and inSilicon, to
the greatest extent reasonably feasible, consistent with this Agreement, the
economic and operational benefits of the allocation of assets and liabilities
provided for in this Agreement.

         Section 2.5. DOCUMENTS RELATING TO TRANSFER OF ASSETS AND ASSIGNMENT
AND ASSUMPTION OF LIABILITIES. In connection with the transfer of the
Semiconductor Intellectual Property Assets pursuant to Section 2.1 of this
Agreement and the assignment and assumption of the Semiconductor Intellectual
Property Liabilities pursuant to Section 2.2 of this Agreement, simultaneously
with the execution and delivery hereof or as promptly as practicable thereafter,
(a) Phoenix shall execute and deliver such bills of sale, deeds, stock powers,
certificates of title, assignments of Contracts and other instruments or
transfer, conveyance and assignment as and to the extent necessary to evidence
the transfer, conveyance and assignment of all of Phoenix's right, title and
interest in and to the Semiconductor Intellectual Property Assets to inSilicon
and (b) inSilicon shall execute and deliver to Phoenix such bills of sale,
certificates of title, assumptions of Contracts and other instruments or
assumption as may be necessary to evidence the valid and effective assumption of
the Semiconductor Intellectual Property Liabilities by inSilicon.

         Section 2.6. ISSUANCE OF INSILICON SHARES. As of the Separation Date,
in consideration of the transfer of the Semiconductor Intellectual Property
Assets, inSilicon shall, in addition to assuming the Semiconductor Intellectual
Property Liabilities, issue and deliver to Phoenix 10,400,000 shares of Series A
Preferred Stock and the Warrant.

                                      8
<PAGE>

                                   ARTICLE III

                         REPRESENTATIONS AND WARRANTIES

         Section 3.1. REPRESENTATIONS AND WARRANTIES OF INSILICON. inSilicon
hereby represents and warrants to Phoenix that:

         (a) The Series A Preferred Stock that is being issued to Phoenix in
connection with this Agreement will be duly and validly issued, fully paid and
nonassessable and free of restrictions on transfer other than restrictions on
transfer under applicable federal and state securities laws.

         (b) The Warrant will be a valid and binding obligation of inSilicon
enforceable against inSilicon in accordance with its terms and free of
restrictions on transfer other than restrictions under applicable federal and
state securities laws.

         (c) The Series A Preferred Stock and the Warrant will be issued in
compliance with all applicable federal and state securities laws.

         (d) The Common Stock issuable upon conversion of the Series A Preferred
Stock and exercise of the Warrant has been duly and validly reserved for
issuance, and upon issuance in accordance with the terms of the Amended and
Restated Certificate of Incorporation of inSilicon, will be duly and validly
issued, fully paid and nonassessable and free of restrictions on transfer other
than restrictions on transfer under applicable federal and state securities laws
and will be issued in compliance with all applicable federal and state
securities laws.

         Section 3.2. REPRESENTATIONS AND WARRANTIES OF PHOENIX; LEGENDS. (a)
Phoenix hereby represents and warrants to inSilicon that:

                  (i)   The Securities to be acquired by Phoenix will be
         acquired for investment for Phoenix's own account, and not with a
         view to the resale or distribution of any part thereof, and that
         Phoenix has no present intention of selling, granting any
         participation in, or otherwise distributing the same in a manner
         contrary to applicable laws.

                  (ii)  The Securities have not been registered under the
         Securities Act, by reason of a specific exemption from the registration
         provisions of the Securities Act which depends upon, among other
         things, the bona fide nature of the investment intent and the accuracy
         of Phoenix's representations as expressed herein. Phoenix understands
         that the Securities are "restricted securities" under applicable U.S.
         federal and state securities laws and that, pursuant to these laws,
         Phoenix must hold the Securities indefinitely unless they are
         registered with the Securities and Exchange Commission and qualified by
         state authorities, or an exemption from such registration and
         qualification requirements is available.

         (b) LEGENDS. Phoenix understands that the Securities and any securities
issued in respect of or exchange for the Securities, may bear one or all of the
following legends:

                                      9
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                  (i)   "THE SHARES REPRESENTED BY THIS CERTIFICATE HAVE NOT
         BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AND HAVE BEEN
         ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO, OR IN CONNECTION
         WITH, THE SALE OR DISTRIBUTION THEREOF. NO SUCH SALE OR DISTRIBUTION
         MAY BE EFFECTED WITHOUT AN EFFECTIVE REGISTRATION STATEMENT RELATED
         THERETO OR AN OPINION OF COUNSEL IN A FORM SATISFACTORY TO INSILICON
         THAT SUCH REGISTRATION IS NOT REQUIRED UNDER THE SECURITIES ACT OF
         1933."

                  (ii)  Any legend required by the Blue Sky laws of any state
         to the extent such laws are applicable to the shares represented by
         the certificate so legended.

                                   ARTICLE IV

                              RIGHT OF FIRST OFFER

         Section 4.1. GRANT OF RIGHT OF FIRST OFFER. Subject to the terms and
conditions specified in this Article IV, inSilicon hereby grants to Phoenix a
right of first offer with respect to future sales by inSilicon of inSilicon
Capital Stock. As long as Phoenix owns 50,000 shares of Series A Preferred Stock
(or the Common Stock issued upon conversion thereof) Phoenix may designate as
purchasers under such right itself or its Affiliates in such proportions as it
deems appropriate.

         Section 4.2. TERMS OF OFFER AND PURCHASE. Each time inSilicon proposes
to offer any shares of inSilicon Capital Stock, inSilicon shall first make an
offering of such inSilicon Capital Stock to Phoenix in accordance with the
following provisions:

         (a) inSilicon shall deliver a notice (the "Notice") to Phoenix stating
(i) its bona fide intention to offer such inSilicon Capital Stock, (ii) the
number of shares of such inSilicon Capital Stock to be offered, and (iii) the
price and terms, if any, upon which it proposes to offer such inSilicon Capital
Stock.

         (b) Within fifteen (15) calendar days after delivery of the Notice,
Phoenix may elect to purchase or obtain, at the price and on the terms specified
in the Notice, up to that portion of such inSilicon Capital Stock which equals
the proportion that the number of shares of Common Stock issued and held, or
issuable upon conversion and exercise of all convertible or exercisable
securities then held, by Phoenix bears to the total number of shares of Common
Stock then outstanding (assuming full conversion and exercise of all options,
warrants and convertible or exercisable securities). Such purchase shall be
completed at the same closing as that of any third party purchasers or at an
additional closing thereunder.

         (c) inSilicon may, during the forty five (45)-day period following the
expiration of the period provided in Section 4.2(b) hereof, offer the remaining
unsubscribed portion of the inSilicon Capital Stock to any Person or Persons at
a price not less than, and upon terms no more favorable to the offeree than
those specified in the Notice. If inSilicon does not enter into a Memorandum of
Understanding ("MOU") for the sale of the inSilicon Capital Stock within such
period, or if such agreement is not consummated within sixty (60) days following
the execution

                                      10
<PAGE>

of the MOU, the right provided hereunder shall be deemed to be revived and
such Stock shall not be offered unless first reoffered to Phoenix in
accordance herewith.

         (d) The right of first offer in this Article IV shall not be applicable
(i) to the issuance or sale of 2,700,000 shares of Common Stock (or options
therefor) to employees, consultants or directors pursuant to the 1999 Employee
Stock Option Plan approved by the Board of Directors; (ii) to the issuance of
securities in connection with a bona fide business acquisition of or by
inSilicon, whether by merger, consolidation, sale of assets, sale or exchange of
stock or otherwise; (iii) to the issuance of securities to financial
institutions or lessors in connection with commercial credit arrangements,
equipment financings, or similar transactions; (iv) to the shares issued upon
the conversion of the Series A Preferred Stock; (v) to the securities issued
pursuant to or after consummation of a Qualified IPO; (vi) to the issuance of
securities pursuant to the Warrant; or (vii) to securities issued pursuant to
stock splits, stock dividends or similar transactions.

                                    ARTICLE V

                                   BRIDGE LOAN

         Section 5.1. REQUEST FOR ADVANCE. If from time to time prior to a
Qualified IPO, the Liabilities of inSilicon then due and payable shall exceed
its cash and cash equivalents (as determined under GAAP), inSilicon may require
Phoenix to provide to inSilicon up to an amount of cash equal to the amount by
which such Liabilities exceed such cash and cash equivalents (a "Shortfall
Amount") by delivering a request therefor to Phoenix (a "Shortfall Request").

         Section 5.2. ADVANCES BY INSILICON. Within two (2) business days after
delivery of a Shortfall Request, Phoenix shall deposit or cause to be deposited
into an account designated by inSilicon the Shortfall Amount set forth in the
Shortfall Request in immediately available funds.

         Section 5.3. INTEREST. Amounts advanced by Phoenix under Section 5.2
shall bear interest at the rate of 8% per annum, computed from the date of
deposit in the applicable inSilicon account to the date of repayment to Phoenix.

         Section 5.4. REPAYMENT. The principal amounts advanced by Phoenix under
Section 5.2 and/or interest thereon under Section 5.3 may be paid by inSilicon
to Phoenix at any time and from time to time, in whole or in part; PROVIDED,
THAT, all principal and interest that remains outstanding as of the date of the
closing of a Qualified IPO shall become due and payable to Phoenix concurrent
with the closing of the Qualified IPO.

                                   ARTICLE VI

                                  MISCELLANEOUS

         Section 6.1. EXPENSES. All costs and expenses of third parties incurred
by Phoenix and all costs and expenses incurred by inSilicon in connection with
the interpretation, execution,

                                      11
<PAGE>

delivery and implementation of this Agreement and with the consummation of
the transactions contemplated by this Agreement shall be paid by inSilicon.

         Section 6.2. NOTICES. All notices and communications under this
Agreement shall be in writing and any communication or delivery hereunder shall
be deemed to have been duly given when received addressed as follows:

         If to Phoenix, to:

               411 East Plumeria Drive
               San Jose, CA 95134
               Attn:  General Counsel

         If to inSilicon, to:

               411 East Plumeria Drive
               San Jose, CA 95134
               Attn: General Counsel

         Any party may, by written notice so delivered to the other party,
change the address to which delivery of any notice shall thereafter be made.

         Section 6.3. AMENDMENT AND WAIVER. This Agreement may not be altered or
amended, nor may rights hereunder be waived, except by an instrument in writing
executed by the party or parties to be charged with such amendment or waiver. No
waiver of any terms, provision or condition of or failure to exercise or delay
in exercising any rights or remedies under this Agreement, in any one or more
instances shall be deemed to be, or construed as, a further or continuing waiver
of any such term, provision, condition, right or remedy or as a waiver of any
other term, provision or condition of this Agreement. Notwithstanding the
foregoing, this Agreement may not be altered or amended, nor may rights
hereunder be waived by inSilicon after the closing of a Qualified IPO without
the affirmative vote or written consent of a majority of the directors of
inSilicon who are not Affiliates of Phoenix.

         Section 6.4. COUNTERPARTS. This Agreement may be executed in
counterparts each of which shall be deemed an original instrument, but all of
which together shall constitute but one and the same Agreement.

         Section 6.5. GOVERNING LAW. This Agreement shall be construed in
accordance with, and governed by, the laws of the State of California, without
regard to the conflicts of law rules of such state.

         Section 6.6. ENTIRE AGREEMENT. This Agreement including the schedules
and the other agreements referenced specifically in this Agreement constitute
the entire understanding of the parties with respect to the subject matter of
this Agreement, superseding all negotiations, prior discussions and prior
agreements and understandings relating to such subject matter.

         Section 6.7. PARTIES IN INTEREST. Neither of the parties hereto may
assign its rights or delegate any of its duties under this Agreement without the
prior written consent of each other

                                      12
<PAGE>

party which shall not be unreasonably withheld. This Agreement shall be
binding upon, and shall inure to the benefit of, the parties hereto and their
respective successors and permitted assigns. Nothing contained in this
Agreement, express or implied, is intended to confer any benefits, rights or
remedies upon any Person other than Phoenix and inSilicon.

         Section 6.8. EXHIBITS AND SCHEDULES. The Exhibits and Schedules shall
be construed with and as an integral part of this Agreement to the same extent
as if the same had been set forth verbatim herein.

         Section 6.9. LEGAL ENFORCEABILITY. Any provision of this Agreement
which is prohibited or unenforceable in any jurisdiction shall, as to such
jurisdiction, be ineffective to the extent of such prohibition or
unenforceability without invalidating the remaining provisions hereof. Any such
prohibition or unenforceability in any jurisdiction shall not invalidate or
render unenforceable such provision in any other jurisdiction. Without prejudice
to any rights or remedies otherwise available to any party hereto, each party
hereto acknowledges that damages would be an inadequate remedy for any breach of
the provisions of this Agreement and agrees that the obligations of the parties
hereunder shall be specifically enforceable.

         Section 6.10. COVENANTS OF INSILICON. For as long as Phoenix owns
50,000 shares of Series A Preferred Stock (or shares of Common Stock onto which
such Series A Preferred Stock is converted) but not after the date of a
Qualified IPO, inSilicon shall deliver to Phoenix:

         (a) as soon as practicable, but in any event within ninety (90) days
after the end of each fiscal year of inSilicon, an income statement for such
fiscal year, a balance sheet of inSilicon and statement of stockholder's equity
as of the end of such year, and a statement of cash flows for such year, such
year-end financial reports to be in reasonable detail, prepared in accordance
with generally accepted accounting principles ("GAAP"), and audited and
certified by an independent public accounting firm of nationally recognized
standing selected by inSilicon;

         (b) within thirty (30) days of the end of each month and each quarter,
an unaudited income statement and a statement of cash flows and balance sheet
for and as of the end of such quarter or month, as the case may be, in
reasonable detail;

         (c) as soon as practicable, but in any event thirty (30) days prior to
the end of each fiscal year, a budget and business plan for the next fiscal
year, prepared on a monthly basis, and, as soon as prepared, any other budgets
or revised budgets prepared by inSilicon; and

         (d) with respect to the financial statements called for in subsection
(b), an instrument executed by the Chief Financial Officer or President of the
Corporation and certifying that such financials were prepared in accordance with
GAAP consistently applied with prior practice for earlier periods (with the
exception of footnotes that may be required by GAAP) and fairly present the
financial condition of inSilicon and its results of operation for the period
specified, subject to year-end audit adjustment, provided that the foregoing
shall not restrict the right of inSilicon to change its accounting principles
consistent with GAAP, if the Board of Directors determines that it is in the
best interest of inSilicon to do so.

                                      13
<PAGE>

         Section 6.11. TITLES AND HEADINGS. Titles and headings to Sections
herein are inserted for convenience of reference only and are not intended to be
a part of or to affect the meaning or interpretation of this Agreement.

         Section 6.12. CONFLICTING AGREEMENTS. In the event of conflict between
this Agreement and any Ancillary Agreement executed in connection herewith, the
provisions of the Ancillary Agreement and shall prevail.

         Section 6.13. DISPUTES. All disputes arising out of, related to or
resulting from this Agreement, including the interpretation hereof shall be
resolved in accordance with the procedures set forth in the IPO Agreement.

         Section 6.14. ADJUSTMENTS FOR STOCK SPLITS AND RECAPITALIZATIONS.
Notwithstanding the other provisions of this Agreement, all references to
numbers of shares of the Common Stock and Series A Preferred Stock provided in
Article IV and Section 6.10 shall be deemed automatically amended to give effect
to any stock split, stock dividend recapitalization or similar transactions that
occur after the issuance of the Series A Preferred Stock and the Warrant.

         IN WITNESS WHEREOF, the parties hereto have duly executed and delivered
this Agreement as of the date first above written.

                           PHOENIX TECHNOLOGIES LTD.

                           By:  /s/ LINDA V. MOORE
                                ------------------------------------------
                           Name:  Linda V. Moore
                           Title: Vice President, General Counsel and Secretary

                           INSILICON CORPORATION

                           By:  /s/ DAVID J. POWER
                                ------------------------------------------
                           Name:  David J. Power
                           Title: Vice President and General Counsel

                                      14<PAGE>
                                                                  EXHIBIT 10.63

                           EMPLOYEE MATTERS AGREEMENT

                                     BETWEEN

                            PHOENIX TECHNOLOGIES LTD.

                                       AND

                              INSILICON CORPORATION

                                   DATED AS OF

                                NOVEMBER 30, 1999

<PAGE>

                                TABLE OF CONTENTS
<TABLE>
<CAPTION>
                                                                                          PAGE
<S>             <C>                                                                       <C>
ARTICLE I             DEFINITIONS...........................................................1

ARTICLE II            GENERAL PRINCIPLES....................................................4

         2.1      Assumption of inSilicon Liabilities.......................................4

         2.2      Establishment of inSilicon Plans..........................................4

         2.3      inSilicon's Participation in Phoenix Plans................................5

         2.4      Disputes..................................................................5

         2.5      Foreign Employees.........................................................5

ARTICLE III           DEFINED CONTRIBUTION PLAN.............................................6

         3.1      401(k) Plan...............................................................6

ARTICLE IV            HEALTH AND WELFARE PLANS..............................................6

         4.1      Assumption of Health and Welfare Plan Liabilities.........................6

         4.2      Claims for Health and Welfare Plans.......................................6

         4.3      Vendor Arrangements.......................................................7

ARTICLE V             EQUITY COMPENSATION...................................................7

         5.1      Stock Options.............................................................7

         6.1      Payment of Liabilities, Plan Expenses and Related Matters.................7

         6.2      Sharing of Participant Information........................................7

         6.3      Reporting and Disclosure Communications to Participants...................8

         6.4      Audits Regarding Vendor Contracts.........................................8

         6.5      Requests for IRS and DOL Opinions.........................................8

         6.6      Fiduciary Matters.........................................................8

         6.7      Consent of Third Parties..................................................8

ARTICLE VII           EMPLOYMENT-RELATED MATTERS............................................9

         7.1      Employment of Employees with U.S. Work Visas..............................9

         7.2      Confidentiality and Proprietary Information...............................9

         7.3      Consistency of Tax Positions; Duplication.................................9

         7.4      Personnel and Pay Records.................................................9

         7.5      Non-Termination of Employment; No Third-Party Beneficiaries...............9

         7.6      Pre-Separation Service...................................................10

ARTICLE VIII          GENERAL PROVISIONS...................................................10

         8.1      Relationship of Parties..................................................10

                                      -i-
<PAGE>

                                TABLE OF CONTENTS
                                   (CONTINUED)

         8.2      Affiliates...............................................................10

         8.3      Governing Law............................................................10

         8.4      Severability.............................................................10

         8.5      Amendment................................................................10

         8.6      Conflict.................................................................10

         8.7      Counterparts.............................................................11
</TABLE>

                                      -ii-

<PAGE>

                           EMPLOYEE MATTERS AGREEMENT

         This EMPLOYEE MATTERS AGREEMENT (this "Agreement") is entered into
as of November 30, 1999, between Phoenix Technologies Ltd. ("Phoenix"), a
Delaware corporation, and inSilicon Corporation ("inSilicon"), a Delaware
corporation. Capitalized terms used herein and not otherwise defined shall
have the respective meanings assigned to them in the Contribution Agreement
of even date herewith between Phoenix and inSilicon (the "Contribution
Agreement").

         WHEREAS, the Board of Directors of Phoenix has determined that it is
in the best interests of Phoenix and inSilicon to separate the Business from
Phoenix's other operations; and;

         WHEREAS, in furtherance of the foregoing, Phoenix and inSilicon have
agreed to enter into this Agreement to allocate between them assets,
liabilities and responsibilities with respect to certain employee
compensation, benefit plans and programs, and certain employment matters; and

         NOW, THEREFORE, in consideration of the foregoing and the covenants
and agreements set forth below, the parties hereto agree as follows:

                                    ARTICLE I

                                   DEFINITIONS

         Wherever used in this Agreement, the following terms shall have the
meanings indicated below, unless a different meaning is plainly required by
the context. The singular shall include the plural, unless the context
indicates otherwise. Headings of sections are used for convenience of
reference only, and in case of conflict, the text of this Agreement, rather
than such headings, shall control:

         "AFFILIATE" means, with respect to Phoenix, an entity in which
Phoenix holds a fifty percent (50%) or more ownership and with respect to
inSilicon, any entity in which inSilicon holds a fifty percent (50%) or more
ownership.

         "COBRA" means the continuation coverage requirements for "group
health plans" under Title X of the Consolidated Omnibus Budget Reconciliation
Act of 1985, as amended from time to time, and as codified in Code Section
4980B and ERISA Sections 601 through 608.

         "CODE" means the Internal Revenue Code of 1986, as amended from time
to time.

         "DOL" means the United States Department of Labor.

         "ERISA" means the Employee Retirement Income Security Act of 1974,
as amended from time to time.

         "FMLA" means the Family and Medical Leave Act of 1993, as amended
from time to time.

<PAGE>

         "FRINGE BENEFITS," when immediately preceded by "Phoenix" means all
fringe benefits, plans, programs and arrangements sponsored and maintained by
Phoenix. When immediately preceded by "inSilicon," "Fringe Benefits" means
the fringe benefits, plans, programs and arrangements established by
inSilicon that correspond to the respective Phoenix Fringe Benefits.

         "HEALTH AND WELFARE PLANS," when immediately preceded by "Phoenix,"
means the Phoenix Health Plans, the health and welfare plans established and
maintained by Phoenix for the benefit of employees and retirees of the
Phoenix Group, and such other welfare plans or programs as may apply to such
employees and retirees as of the Separation Date. When immediately preceded
by "inSilicon," "Health and Welfare Plans" means the health and welfare plans
to be established by inSilicon.

         "HMO" means a health maintenance organization that provides benefits
under the Phoenix Health Plans or the inSilicon Health Plans.

         "INSILICON EMPLOYEE" means any individual who is: (a) either
actively employed by, or on leave of absence from, the inSilicon Group on the
Separation Date; (b) either actively employed by, or on leave of absence
from, the Phoenix Group as either part of a work group or organization, or
common support function that, at any time after the Separation Date and
before inSilicon ceases to be a Phoenix Affiliate, moves to the employ of the
inSilicon Group from the employ of the Phoenix Group; (c) an employee or
group of employees designated as inSilicon Employees (as of the specified
date) by Phoenix and inSilicon by mutual agreement; and (d) an alternate
payee under a QDRO, alternate recipient under a QMCSO, beneficiary, covered
dependent, or qualified beneficiary (as such term is defined under COBRA), in
each case, of an employee, described in (a) through (c) with respect to that
employee's benefit under the applicable Plan(s). (Unless specified otherwise
in this Agreement, such an alternate payee, alternate recipient, beneficiary,
covered dependent, or qualified beneficiary shall not otherwise be considered
an inSilicon Employee with respect to any benefits he or she accrues or
accrued under any applicable Plan(s), unless he or she is an inSilicon
Employee by virtue of (a) through (c)).

         "INSILICON GROUP" means inSilicon and each Affiliate of inSilicon as
of the Separation Date, or that is contemplated to be a Subsidiary or
Affiliate of inSilicon after the Separation Date.

         "IPO" means the initial public offering of inSilicon common stock
pursuant to a registration statement on Form S-1 pursuant to the Securities
Act of 1933, as amended.

         "IRS" means the United States Internal Revenue Service.

         "OPTION," when immediately preceded by "Phoenix," means an option to
purchase Phoenix common stock pursuant to a Stock Plan. When immediately
preceded by "inSilicon," "Option" means an option to purchase inSilicon
common stock pursuant to a Stock Plan.

         "PARTICIPATING COMPANY" means: (a) Phoenix; (b) any Person (other
than an individual) that Phoenix has approved for participation in, has
accepted participation in, and which is participating in, a Plan sponsored by
Phoenix; or (c) any Person (other than an individual) which,

                                       2

<PAGE>

by the terms of such Plan, participates in such Plan or any employees of
which, by the terms of such Plan, participate in or are covered by such Plan.

         "PERSON" means an individual, a partnership, a corporation, a
limited liability company, an association, a joint stock company, a trust, a
joint venture, an unincorporated organization, and a governmental entity or
any department, agency or political subdivision thereof.

         "PHOENIX EMPLOYEE" means any individual who is: (a) either actively
employed by, or on leave of absence from, the Phoenix Group on the Separation
Date; (b) either actively employed by, or on leave of absence from, the
inSilicon Group as either part of a work group or organization, or common
support function that, at any time after the Separation Date and before
inSilicon ceases to be a Phoenix Affiliate, moves to the employ of the
Phoenix Group from the employ of the inSilicon Group; (c) an employee or
group of employees designated as Phoenix Employees (as of the specified date)
by Phoenix and inSilicon by mutual agreement; and (d) an alternate payee
under a QDRO, alternate recipient under a QMCSO, beneficiary, covered
dependent, or qualified beneficiary (as such term is defined under COBRA), in
each case, of an employee, described in (a) through (c) with respect to that
employee's benefit under the applicable Plan(s). (Unless specified otherwise
in this Agreement, such an alternate payee, alternate recipient, beneficiary,
covered dependent, or qualified beneficiary shall not otherwise be considered
an Phoenix Employee with respect to any benefits he or she accrues or accrued
under any applicable Plan(s), unless he or she is an Phoenix Employee by
virtue of (a) through (c)).

         "PHOENIX GROUP" means Phoenix and each Affiliate of Phoenix other
than inSilicon or an Affiliate of inSilicon.

         "PLAN," means any plan, policy, program, payroll practice,
arrangement, contract, trust, insurance policy, or any agreement or funding
vehicle providing compensation or benefits to employees, former employees or
directors of Phoenix or inSilicon.

         "QDRO" means a domestic relations order which qualifies under Code
Section 414(p) and ERISA Section 206(d) and which creates or recognizes an
alternate payee's right to, or assigns to an alternate payee, all or a
portion of the benefits payable to a participant under any of the Phoenix
Retirement Plans.

         "QMCSO" means a medical child support order which qualifies under
ERISA Section 609(a) and which creates or recognizes the existence of an
alternate recipient's right to, or assigns to an alternate recipient the
right to, receive benefits for which a participant or beneficiary is eligible
under any of the Health Plans.

         "STOCK PLAN," when immediately preceded by "Phoenix," means any
plan, program or arrangement, other than the Stock Purchase Plan, pursuant to
which employees and other service providers hold Phoenix Options, Phoenix
Restricted Stock, or other Phoenix equity incentives. When immediately
preceded by "inSilicon," "Stock Plan" means stock-based plans, programs or
arrangements that may be established by inSilicon.

                                       3

<PAGE>

         "STOCK PURCHASE PLAN," when immediately preceded by "Phoenix," means
the Phoenix Employee Stock Purchase Plan. When immediately preceded by
"inSilicon," "Stock Purchase Plan" means the employee stock purchase plan
that may be established by inSilicon.

                                   ARTICLE II

                               GENERAL PRINCIPLES

         2.1 ASSUMPTION OF INSILICON LIABILITIES. Except as specified
otherwise in this Agreement, or as mutually agreed upon by inSilicon and
Phoenix from time to time, inSilicon hereby assumes and agrees to pay,
perform, fulfill and discharge, in accordance with their respective terms,
all of the following: (a) all Liabilities to or relating to inSilicon
Employees, in each case relating to, arising out of or resulting from
employment by the inSilicon Group from and after becoming inSilicon
Employees, respectively (including Liabilities arising under or relating to
Phoenix Plans and inSilicon Plans); (b) all other Liabilities to or relating
to inSilicon Employees, to the extent relating to, arising out of, or
resulting from future, present or former employment with the inSilicon Group
(including Liabilities arising under or relating to Phoenix Plans and
inSilicon Plans); (c) all Liabilities relating to, arising out of or
resulting from any other actual or alleged employment relationship with the
inSilicon Group; and (d) all other Liabilities relating to, arising out of,
or resulting from obligations, liabilities and responsibilities expressly
assumed or retained by the inSilicon Group, or an inSilicon Plan pursuant to
this Agreement.

         2.2 ESTABLISHMENT OF INSILICON PLANS.

             (a) HEALTH AND WELFARE PLANS. Effective from and after the
Separation Date or such other date(s) as Phoenix and inSilicon may mutually
agree, inSilicon shall adopt the inSilicon Health and Welfare Plans.

             (b) RETIREMENT PLANS AND FRINGE BENEFITS. Effective from and
after the Separation Date or such other date(s) as Phoenix and inSilicon may
mutually agree, inSilicon shall adopt the inSilicon Retirement Plans and the
inSilicon Fringe Benefits.

             (c) EQUITY AND OTHER COMPENSATION. Effective from and after the
Separation Date or such other date(s) as Phoenix and inSilicon may mutually
agree, inSilicon shall adopt the inSilicon Stock Plans. Effective on or after
the IPO or such other date as Phoenix and inSilicon may mutually agree,
inSilicon shall adopt the inSilicon Stock Purchase Plan.

             (d) INSILICON PLAN TERMS. The inSilicon Plans need not provide
the same or similar benefits terms or features as the comparable Phoenix
Plans.

             (e) INSILICON UNDER NO OBLIGATION TO MAINTAIN PLANS. Except as
specified otherwise in this Agreement, nothing in this Agreement shall
preclude inSilicon, at any time after the Separation Date from amending,
merging, modifying, terminating, eliminating, reducing, or otherwise altering
in any respect any inSilicon Plan, any benefit under any inSilicon Plan or
any trust, insurance policy or funding vehicle related to any inSilicon Plan
(to the extent permitted by law).

                                       4

<PAGE>

         2.3 INSILICON'S PARTICIPATION IN PHOENIX PLANS.

             (a) PARTICIPATION IN PHOENIX PLANS. Except as specified
otherwise in this Agreement, or as Phoenix and inSilicon may mutually agree,
effective as of the Separation Date, inSilicon may continue as or become, as
the case may be, a Participating Company in the Phoenix Plans in effect as of
the Separation Date, to the extent that inSilicon has not yet established a
comparable Plan.

             (b) PHOENIX'S GENERAL OBLIGATIONS AS PLAN SPONSOR. To the extent
that inSilicon is a Participating Company in any Phoenix Plan(s), Phoenix
shall continue to administer, or cause to be administered, in accordance with
their terms and applicable law, such Phoenix Plan(s), and shall have the sole
and absolute discretion and authority to interpret the Phoenix Plan(s), as
set forth therein. Except as specified otherwise in this Agreement, nothing
in this Agreement shall preclude Phoenix, at any time after the Separation
Date from amending, merging, modifying, terminating, eliminating, reducing,
or otherwise altering in any respect any Phoenix Plan, any benefit under any
Phoenix Plan or any trust, insurance policy or funding vehicle related to any
Phoenix Plan (to the extent permitted by law).

             (c) INSILICON'S GENERAL OBLIGATIONS AS PARTICIPATING COMPANY.
inSilicon shall perform with respect to its participation in the Phoenix
Plans, the duties of a Participating Company as set forth in each such Plan
or any procedures adopted pursuant thereto, including (without limitation):
(i) assisting in the administration of claims, to the extent requested by the
claims administrator of the applicable Phoenix Plan; (ii) cooperating fully
with Phoenix Plan auditors, benefit personnel and benefit vendors; (iii)
preserving the confidentiality of all financial arrangements Phoenix has or
may have with any vendors, claims administrators, trustees or any other
entity or individual with whom Phoenix has entered into an agreement relating
to the Phoenix Plans; and (iv) preserving the confidentiality of participant
information (including, without limitation, health information in relation to
FMLA leaves) to the extent not specified otherwise in this Agreement.

             (d) TERMINATION OF PARTICIPATING COMPANY STATUS. Except as
otherwise may be mutually agreed upon by Phoenix and inSilicon, effective as
of such date as inSilicon establishes a comparable Plan (as specified in
Section 2.2 or otherwise in this Agreement), inSilicon shall automatically
cease to be a Participating Company in the corresponding Phoenix Plan, unless
such automatic cessation is prohibited by applicable law.

         2.4 DISPUTES. All disputes arising out of, related to or resulting
from this Agreement, including the interpretation hereof, shall be resolved
in accordance with the procedures set forth in the IPO Agreement.

         2.5 FOREIGN EMPLOYEES. inSilicon and Phoenix each authorize their
non-U.S. subsidiaries to enter into separate local agreements with the
counterpart of the other party ("Local Agreements"). inSilicon and Phoenix
intend that the Local Agreements will generally specify the terms under which
Phoenix and inSilicon agree to allocate between them all assets, liabilities
and responsibilities relating to, and arising from Foreign Plans and certain
employment matters. To the extent, however, that any such Local Agreement
does not address a particular

                                       5

<PAGE>

principle or plan, then the intent of the parties relating to comparable U.S.
matters or issues as reflected in this Agreement shall govern (to the extent
permitted by law).

                                   ARTICLE III

                            DEFINED CONTRIBUTION PLAN

         3.1 401(k) PLAN. Effective from and after the Separation Date as of
such date as Phoenix and inSilicon may mutually agree, inSilicon shall adopt
a 401(k) plan (the "inSilicon 401(k) Plan").

             (a) 401(k) TRUST: ASSETS AND LIABILITIES. Effective from and
after the Separation Date as of such date(s) as inSilicon and Phoenix may
mutually agree: (i) the inSilicon 401(k) Plan may assume and be solely
responsible for all Liabilities for or relating to inSilicon Employees under
the Phoenix 401(k) Plan (such date referred to as the "401(k) Transfer
Date"); and (ii) Phoenix may cause the accounts of the inSilicon Employees
under the Phoenix 401(k) Plan that are held by its related trust as of the
401(k) Transfer Date to be transferred to the inSilicon 401(k) Plan and its
related trust, and inSilicon shall cause such transferred accounts to be
accepted by such plan and its related trust. As soon as reasonably
practicable after the Separation Date, inSilicon shall use its commercially
reasonable best efforts to enter into agreements satisfactory to inSilicon to
accomplish such assumption and transfer, the maintenance of the necessary
participant records, the appointment of an initial trustee under the
inSilicon 401(k) Plan, and the engagement of an initial recordkeeper under
the inSilicon 401(k) Plan. inSilicon and Phoenix each agree to use their
commercially reasonable best efforts to accomplish this spin-off.

             (b) NO DISTRIBUTION TO INSILICON EMPLOYEES. The inSilicon 401(k)
Plan and the Phoenix 401(k) Plan shall provide that no distribution of
account balances shall be made to any inSilicon Employee on account of the
inSilicon Group ceasing to be an Affiliate of the Phoenix Group.

                                   ARTICLE IV

                            HEALTH AND WELFARE PLANS

         4.1 ASSUMPTION OF HEALTH AND WELFARE PLAN LIABILITIES. Except as
specified otherwise in this Agreement, as of the Separation Date, all
Liabilities for or relating to inSilicon Employees under the Phoenix Health
and Welfare Plans shall be reimbursed by inSilicon on a pro rata basis.

         4.2 CLAIMS FOR HEALTH AND WELFARE PLANS. Phoenix shall administer
claims incurred under the Phoenix Health and Welfare Plans by inSilicon
Employees but only to the extent that inSilicon has not established and
assumed administrative responsibility for a comparable Plan. Any
determination made or settlements entered into by Phoenix with respect to
such claims shall be final and binding.

                                       6

<PAGE>

         4.3 VENDOR ARRANGEMENTS. Phoenix shall use its commercially
reasonable best efforts for and on behalf of inSilicon to procure, effective
as of such date as Phoenix and inSilicon mutually agree upon: (a) third party
ASO contracts; (b) group insurance policies; and (c) HMO agreements. In each
case, inSilicon shall, as of such date as Phoenix and inSilicon may mutually
agree upon, establish, adopt and/or implement such contracts, agreements or
arrangements.

                                    ARTICLE V

                               EQUITY COMPENSATION

         5.1 STOCK OPTIONS. After the Separation Date and as of such date as
inSilicon and Phoenix may mutually agree, inSilicon may offer to inSilicon
Employees inSilicon Options in exchange for the cancellation of Phoenix
Options. Any such exchange shall generally preserve the economic value of the
cancelled Phoenix Options and shall preserve the terms and features of the
Phoenix Options. This Agreement shall not in any way limit the ability of
inSilicon to offer additional inSilicon Options or other inSilicon equity
incentives to inSilicon Employees.

                                   ARTICLE VI

                            ADMINISTRATIVE PROVISIONS

         6.1 PAYMENT OF LIABILITIES, PLAN EXPENSES AND RELATED MATTERS.

             (a) SHARED COSTS. inSilicon shall pay its share, as determined
by Phoenix in good faith, of any contributions made to any trust maintained
in connection with an Phoenix Plan while inSilicon is a Participating Company
in that Phoenix Plan.

             (b) CONTRIBUTIONS TO TRUSTS. With respect to Phoenix Plans to
which inSilicon Employees make contributions, Phoenix shall use reasonable
procedures to determine inSilicon Liabilities associated with such Plans,
taking into account such contributions, settlements, refunds and similar
payments.

             (c) ADMINISTRATIVE EXPENSES NOT CHARGEABLE TO A TRUST. To the
extent not otherwise agreed to by Phoenix and inSilicon, and to the extent
not chargeable to a trust established in connection with an Phoenix Plan,
inSilicon shall be responsible, through either direct payment or
reimbursement to Phoenix, for its allocable share of expenses incurred by
Phoenix in the administration of (i) the Phoenix Plans while inSilicon
participates in such Plans, and (ii) the inSilicon Plans, to the extent
Phoenix administers such Plans. For this purpose, inSilicon's allocable share
of such expenses shall be that portion of the total of such expenses as the
number of inSilicon Employees who are participants in the applicable Plan
bears to the total number of participants in such Plan.

         6.2 SHARING OF PARTICIPANT INFORMATION. Phoenix and inSilicon shall
share, or cause to be shared, all participant information that is necessary
or appropriate for the efficient and accurate administration of each of the
Phoenix Plans and the inSilicon Plans during the respective periods
applicable to such Plans as inSilicon and Phoenix may mutually agree.

                                       7

<PAGE>

Phoenix and inSilicon and their respective authorized agents shall, subject
to applicable laws of confidentiality and data protection, be given
reasonable and timely access to, and may make copies of, all information
relating to the subjects of this Agreement in the custody of the other party
or its agents, to the extent necessary or appropriate for such administration.

         6.3 REPORTING AND DISCLOSURE COMMUNICATIONS TO PARTICIPANTS. While
inSilicon is a Participating Company in the Phoenix Plans, inSilicon shall
take, or cause to be taken, all actions necessary or appropriate to
facilitate the distribution of all Phoenix Plan-related communications and
materials to employees, participants and beneficiaries, including (without
limitation) summary plan descriptions and related summaries of material
modification(s), summary annual reports, investment information,
prospectuses, notices and enrollment material for the Phoenix Plans and
inSilicon Plans. inSilicon shall reimburse Phoenix for the costs and expenses
relating to the copies of all such documents provided to inSilicon. inSilicon
shall assist, and inSilicon shall cause each other applicable member of the
inSilicon Group to assist, Phoenix in complying with all reporting and
disclosure requirements of ERISA, including the preparation of Form Series
5500 annual reports for the Phoenix Plans, where applicable.

         6.4 AUDITS REGARDING VENDOR CONTRACTS. From the period beginning as
of the Separation Date and ending on such date as Phoenix and inSilicon may
mutually agree, Phoenix and inSilicon and their duly authorized
representatives shall have the right to conduct joint audits with respect to
any vendor contracts that relate to both the Phoenix Health and Welfare Plans
and the inSilicon Health and Welfare Plans. The scope of such audits shall
encompass the review of all correspondence, account records, claim forms,
canceled drafts (unless retained by the bank), provider bills, medical
records submitted with claims, billing corrections, vendor's internal
corrections of previous errors and any other documents or instruments
relating to the services performed by the vendor under the applicable vendor
contracts. Phoenix and inSilicon shall agree on the performance standards,
audit methodology, auditing policy and quality measures, reporting
requirements, and the manner in which costs incurred in connection with such
audits will be shared.

         6.5 REQUESTS FOR IRS AND DOL OPINIONS. Phoenix and inSilicon shall
make such applications to regulatory agencies, including the IRS and DOL, as
may be necessary or appropriate. inSilicon and Phoenix shall cooperate fully
with one another on any issue relating to the transactions contemplated by
this Agreement for which Phoenix and/or inSilicon elects to seek a
determination letter or private letter ruling from the IRS or an advisory
opinion from the DOL.

         6.6 FIDUCIARY MATTERS. Phoenix and inSilicon each acknowledge that
actions contemplated to be taken pursuant to this Agreement may be subject to
fiduciary duties or standards of conduct under ERISA or other applicable law,
and no party shall be deemed to be in violation of this Agreement if such
party fails to comply with any provisions hereof based upon such party's good
faith determination that to do so would violate such a fiduciary duty or
standard.

         6.7 CONSENT OF THIRD PARTIES. If any provision of this Agreement is
dependent on the consent of any third party (such as a vendor) and such
consent is withheld, Phoenix and inSilicon shall use their commercially
reasonable best efforts to implement the applicable provisions of

                                       8

<PAGE>

this Agreement. If any provision of this Agreement cannot be implemented due
to the failure of such third party to consent, Phoenix and inSilicon shall
negotiate in good faith to implement the provision in a mutually satisfactory
manner.

                                   ARTICLE VII

                           EMPLOYMENT-RELATED MATTERS

         7.1 EMPLOYMENT OF EMPLOYEES WITH U.S. WORK VISAS. inSilicon
Employees who, on the Separation Date, are employed in the U.S. pursuant to a
work or training visa which authorizes employment only by the Phoenix Group
shall remain employed by the Phoenix Group until the visa is amended or a new
visa is granted to authorize employment by the inSilicon Group and, at that
time, shall become an employee of the inSilicon Group with substantially
similar rights as all other inSilicon Employees. During the period from the
Separation Date until the amended or new visa is issued, such employee shall
continue to participate in Phoenix Plans and inSilicon shall, as and when
invoiced by Phoenix, promptly reimburse Phoenix for its direct and indirect
costs and expenses relating to compensation and benefits.

         7.2 CONFIDENTIALITY AND PROPRIETARY INFORMATION. No provision of the
Separation Agreement or any Ancillary Agreement shall be deemed to release
any individual for any violation of the Phoenix non-competition guideline or
any agreement or policy pertaining to confidential or proprietary information
of any member of the Phoenix Group, or otherwise relieve any individual of
his or her obligations under such non-competition guideline, agreement, or
policy.

         7.3 CONSISTENCY OF TAX POSITIONS; DUPLICATION. Phoenix and inSilicon
shall individually and collectively make commercially reasonable best efforts
to avoid unnecessarily duplicated federal, state or local payroll taxes,
insurance or workers' compensation contributions, or unemployment
contributions arising on or after the Separation Date. Phoenix and inSilicon
shall take consistent reporting and withholding positions with respect to any
such taxes or contributions.

         7.4 PERSONNEL AND PAY RECORDS. For the period beginning on the
Separation Date and ending on any substantially complete disposition of
Phoenix's ownership interest in inSilicon (and for such additional period as
Phoenix and inSilicon may mutually agree), Phoenix shall make reasonably
available to inSilicon, subject to applicable laws on confidentiality and
data protection, all current and historic forms, documents or information, no
matter in what format stored, relating to pre-Separation Date personnel,
medical records, and payroll information with respect to inSilicon Employees.
Such forms, documents or information may include, but is not limited to: (a)
information regarding an inSilicon Employee's ranking or promotions; (b) the
existence and nature of garnishment orders or other judicial or
administrative actions or orders affecting an employee's or service
provider's compensation; and (c) performance evaluations. inSilicon shall
fully reimburse Phoenix for the cost associated with such availability and
access.

         7.5 NON-TERMINATION OF EMPLOYMENT; NO THIRD-PARTY BENEFICIARIES. No
provision of this Agreement, the Separation Agreement, or any Ancillary
Agreement shall be construed to

                                       9

<PAGE>

create any right, or accelerate entitlement, to any compensation or benefit
whatsoever on the part of any inSilicon Employee or other future, present or
former employee of Phoenix or inSilicon under any Phoenix Plan or inSilicon
Plan or otherwise.

         7.6 PRE-SEPARATION SERVICE. As of the Separation Date, the legal
responsibility for claims relating to pre-Separation Date Service remain with
Phoenix. All claims with respect to post-Separation Date Service of inSilicon
Employees with inSilicon shall be the exclusive legal responsibility of
Phoenix.

                                  ARTICLE VIII

                               GENERAL PROVISIONS

         8.1 RELATIONSHIP OF PARTIES. Nothing in this Agreement shall be
deemed or construed by the parties or any third party as creating the
relationship of principal and agent, partnership or joint venture between the
parties, the understanding and agreement being that no provision contained
herein, and no act of the parties, shall be deemed to create any relationship
between the parties other than the relationship set forth herein.

         8.2 AFFILIATES. Each of Phoenix and inSilicon shall cause to be
performed, and hereby guarantee the performance of, any and all actions of
the Phoenix Group or the inSilicon Group, respectively.

         8.3 GOVERNING LAW. To the extent not preempted by applicable federal
law, this Agreement shall be governed by, construed and interpreted in
accordance with the laws of the State of California, without regard to the
conflicts of law rules of such state.

         8.4 SEVERABILITY. If any term or other provision of this Agreement
is determined to be invalid, illegal or incapable of being enforced by any
rule of law or public policy, all other conditions and provisions of this
Agreement shall nevertheless remain in full force and effect so long as the
economic or legal substance of the transactions contemplated hereby is not
affected in any manner materially adverse to either party. Upon such
determination that any term or other provision is invalid, illegal or
incapable of being enforced, the parties hereto shall negotiate in good faith
to modify this Agreement so as to effect the original intent of the parties
as closely as possible and in an acceptable manner to the end that
transactions contemplated hereby are fulfilled to the fullest possible extent.

         8.5 AMENDMENT. The Board of Directors of inSilicon and Phoenix may
mutually agree to amend the provisions of this Agreement at any time or
times, either prospectively or retroactively, to such extent and in such
manner as the Boards mutually deem advisable. Each Board may delegate its
amendment power, in whole or in part, to one or more Persons or committees as
it deems advisable. Accordingly, each Board hereby gives its Vice President,
Human Resources the full power and authority to mutually adopt an amendment
to this Agreement (subject to each of their authority to amend Plans).

         8.6 CONFLICT. In the event of any conflict between the provisions of
this Agreement and the Separation Agreement, any Ancillary Agreement, or
Plan, the provisions of this

                                       10

<PAGE>

Agreement shall control. In the event of any conflict between the provisions
of this Agreement and any Local Agreement, the provisions of the Local
Agreement shall control.

         8.7 COUNTERPARTS. This Agreement may be executed in two or more
counterparts each of which shall be deemed to be an original, but all of
which together shall constitute but one and the same Agreement.

         IN WITNESS WHEREOF, each of the parties have caused this Agreement
to be executed on its behalf by its officers thereunto duly authorized on the
day and year first above written.

                          PHOENIX TECHNOLOGIES LTD.

                          By: /s/ LINDA V. MOORE
                              ----------------------------
                          Name: Linda V. Moore

                          Title:   Vice President, General Counsel and Secretary

                          INSILICON CORPORATION

                          By: /s/ DAVID J. POWER
                              ----------------------------
                          Name: David J. Power

                          Title:   Vice President and General Counsel

                                       11

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