Document:

EX-10.1

 Exhibit 10.1 

August 16, 2016 
 Jean Hu 

[address] 
 Dear Jean,

It is our pleasure to offer you the position of Chief Financial Officer of Marvell Semiconductor, Inc. (the “Company”), a subsidiary of Marvell
Technology Group Ltd. (“Marvell”), reporting to the Chief Executive Officer. You will be designated the Company’s “principal financial officer” and will be designated an “executive officer” for purposes of both
Securities and Exchange Commission (“SEC”) reporting purposes and compliance with Section 16 under the Securities Exchange Act. 
 Base
Salary 
 Your salary will be 450,000.00 US Dollars (USD) per year. 

Annual Incentive Bonus 
 You will be eligible to
participate in the Company’s Annual Incentive Plan (“AIP”) with an annual target incentive bonus opportunity of 100% of your annual base salary. The Executive Compensation Committee (the “ECC”) in its sole discretion shall
determine the performance objectives applicable to the bonus and the other terms of the AIP. The ECC shall determine the actual amount of bonus earned, if any, after the conclusion of each applicable fiscal year and may exercise negative discretion
with respect thereto. 
 Equity 
 You will be
recommended to ECC for the following grants: 
  

	 	•	 	Time Based RSU Award (TBRSU) – a restricted stock unit award of common shares of Marvell equal to: $660,000 / Share Price (as defined below) 

The TBRSU shall vest over three (3) years at the rate of 33% on the first anniversary of the vesting start date, 33% on the second
anniversary of the vesting start date and 34% on the third anniversary of the vesting start date; provided that you continue to serve as a service provider through each applicable vesting date.

 

	 	•	 	Performance Based RSU Award based on Total Shareholder Return (TSRRSU) – a restricted stock unit award of common shares of Marvell equal to: $495,000 / Share Price (as defined below)

 The TSRRSU shall vest on the third anniversary of the vesting start date based on achievement of performance objectives
relating to the relative total shareholder return of Marvell’s stock as compared to the total shareholder return of comparable companies of the Philadelphia Semiconductor Sector Index over the performance period measured from the First Current
Date (as defined below) through the end of fiscal year 2019, provided 

 
that you continue to serve as a service provider through the third anniversary of the vesting start date. The specific performance objectives, comparable companies, payout formula (under which
the number of shares that could vest under the TSRRSU can range from zero to 150% of the target number, with zero payout if Marvell’s TSR is below the 25th percentile of comparable companies,
50% payout if TSR is at the 25th percentile, 100% payout if TSR is at the 50th percentile, and 150% payout if TSR is at or above the 75th percentile, with straight line interpolation of the payout percentages for TSR between the 25th and 75th percentiles) and other terms for the TSRRSU will be established by the ECC at the time of grant. 
  

	 	•	 	Performance Based RSU Award based on Operating Performance Metrics (OPMRSU) – a restricted stock unit award of common shares of Marvell equal to: $495,000 / Share Price (as defined below)

 The OPMRSU shall vest based on the achievement of operating performance metrics for fiscal years 2017 and 2018. The
performance period, metrics and relative weightings (as well as the maximum number of shares that could vest under the OPMRSU if performance exceeds the target achievement level) will be established by the ECC at the time of grant and will be
measured as of the end of fiscal year 2018. As the incoming CFO, it is expected that you will participate in the process of setting the operating performance objectives. Any shares, if any, deemed to have been earned upon the successful achievement
of such metrics will vest 100% on the third anniversary of the vesting start date, provided that you continue to serve as a service provider through such vesting date. 

For purposes of the equity awards described above, “Share Price” shall mean the closing price of the common shares of Marvell (NASDAQ: MRVL) on the
NASDAQ Stock Market on (x) the date that is one (1) full trading day after the first date following the date of this offer letter on which Marvell has filed all required periodic reports with the Securities and Exchange Commission, such
that Marvell is “current” with its financial reporting, or (y) the date that the awards are approved by the ECC (but no later than 30 days after the “First Current Date” as defined below), whichever is later. The date that
Marvell becomes “current” with its financial reporting is referred to as the “First Current Date”. 
 For purposes of the above awards,
the vesting start date shall be the 15th of the month coincident with or next following the date on which you begin employment with the Company (i.e., individuals hired after the 15th of the month will have a vesting start date of the 15th of the
following month). 
 Marvell’s Current Ability to Grant Equity 

All Marvell equity awards are subject to final review and approval by the ECC and all applicable securities law restrictions. Please note that, as of the
time of this offer, Marvell has not timely filed certain required periodic reports with the SEC. Therefore, Marvell cannot grant any of the equity awards set forth in this offer letter until such time as it has completed all necessary filings. In
addition, all of the proposed equity awards set forth herein will be subject to your return to us of completed, signed Stock Unit Agreements.

 Change-in-Control 

You will be eligible to participate in the Marvell Change in Control and Severance Plan (“CIC Plan”) at the “Tier 2” level, subject to the
terms and conditions of the CIC Plan and the form of Tier 2 agreement attached hereto as Appendix A. 
 Relocation Benefits 

In the event you close the sale of your current residence within 12 months of your start date, the Company will reimburse you the amount of your broker’s
commission at 6% of the actual selling price of your home. The Company will also provide you with relocation assistance of up to 75,000.00 US Dollars (USD), subject to applicable withholding taxes. Relocation assistance, though paid in advance,
is earned over the first twenty-four (24) months of your employment, and is paid in consideration of your provision of services over the twenty-four month period. If you voluntarily terminate your employment with the Company within
twenty-four (24) months of your date of hire, you will be required to repay the Company the full amount of the relocation assistance. 
 Other
Terms 
 Your employment with the Company is at the mutual consent of you, the employee, and the Company, the employer. Your employment with the
Company is at will, meaning that either you or the Company may terminate the employment relationship at any time, with or without cause. The at-will nature of your employment may only be changed by a written agreement approved by the ECC. During
your employment, you will be subject to and agree to abide by and acknowledge all employment policies the Company has or adopts from time to time including, but not limited to, the Company New Hire Employee Agreement, which contains Confidential
Information and Invention Assignment and Arbitration Agreements. 
 In accordance with the Immigration Reform and Control Act of 1986, it will be necessary
for you to submit documents to Human Resources evidencing both your employment authorization and identity within three (3) business days of your date of hire. Acceptable documents include, but are not limited to:

 

	 	•	 	A valid driver’s license and social security card, or 

  

	 	•	 	A current passport 

 Please note your offer is contingent upon: 

 

	 	•	 	Successful completion of a routine background investigation and reference checks; 

  

	 	•	 	The Company’s receipt from you of a signed New Hire Employee Agreement, which contains the Company’s Confidential Information and Invention Assignment Agreement and Arbitration Agreement; and

	 	•	 	Completion of visa, license requirements, and government restricted party screening requirements, if applicable. 

Marvell Semiconductor, Inc. is an exciting company whose mission is to be the leading provider of high performance and high value-added mixed-signal
integrated circuits for the computer, storage, communications and multimedia markets. We look forward to your acceptance as we believe you will be an important addition to our team in achieving our near and long term objectives. 

This letter (if accepted) and the New Hire Employee Agreement, which contains the Company’s Arbitration Agreement and Confidential Information and
Invention Assignment Agreement, along with any documents referred to in this letter, including the Company’s employment policies, constitute the entire agreement between you and the Company regarding the terms of your employment, and supersede
any prior representations or agreements, whether written or oral, concerning the terms of your employment. This letter may not be modified or amended except by a signed written agreement from the Company. 

To accept this offer, please sign below and return the letter to me. This offer expires on August 22, 2016. Before submitting your response please print
a copy of this letter for your records. 
 Sincerely, 
 /s/
Matt Murphy 
 Matt Murphy 
 President and Chief Executive
Officer 
 Accepted By: 
  

							
	 /s/ Jean Hu        
	  	
    8/17/2016    
	  	
    8/22/2016    
	  	 
	Jean Hu	  	Date Signed	  	Start Date	  	

 TIER 2 

Appendix A 

Marvell Technology Group Ltd. Change in Control and Severance Plan 

Participation Agreement 

Marvell Technology Group Ltd. (the “Company”) is pleased to inform you,
                    , that you have been selected to participate in the Company’s Change in Control and Severance Plan (the
“Plan”) as a Participant. 
 A copy of the Plan was delivered to you with this Participation Agreement. Your participation
in the Plan is subject to all of the terms and conditions of the Plan. The capitalized terms used but not defined herein will have the meanings ascribed to them in the Plan. 

In order to actually become a participant in the Plan, you must complete and sign this Participation Agreement and return it to [NAME] no
later than [DATE]. 
 In the event of a Change in Control where the successor corporation does not assume your Equity Awards or substitute
Equity Awards for substantially similar awards with the same or more favorable vesting schedule as your Equity Awards, then your Equity Awards will accelerate and vest in full in accordance with Section 3 of the Plan. 

Also, the Plan describes in detail certain circumstances under which you may become eligible for certain Severance Benefits under
Section 5 of the Plan if, during the Change in Control Period, you incur an Involuntary Termination. If you become eligible for Severance Benefits as described in the Plan, then subject to the terms and conditions of the Plan, you will receive:

 1. Cash Severance Benefits. 

a. Base Salary. A lump-sum payment (less applicable withholding taxes) equal to 18 months of your annual base salary as in effect
immediately prior to your Involuntary Termination (or if your Involuntary Termination is a termination for Good Reason due to a material reduction in your level of annual base salary, your annual base salary as in effect immediately prior to such
reduction) or, if greater, at the level in effect immediately prior to the Change in Control. 
 b. Bonus. A lump-sum payment equal
to 150% of your annual target bonus for the fiscal year in which your Involuntary Termination occurs or, if greater, your annual target bonus in effect immediately prior to the Change in Control. 

c. Pro-Rata Bonus. A lump-sum payment equal to your annual target bonus for the fiscal year in which your Involuntary Termination
occurs, pro-rated for the number of full months employed during the fiscal year. 
 2. Equity Award Vesting Acceleration. 100% of
your then-outstanding and unvested Equity Awards will become vested in full. If, however, an outstanding Equity Award is to vest and/or the amount of the award to vest is to be determined based on the achievement of performance criteria, then the
Equity Award will vest as to 100% of the amount of the Equity Award assuming the performance criteria had been achieved at target levels for the relevant performance period(s); provided however, that (A) if there is no “target” level,
then the number that will vest shall be 100% of the maximum amount that could vest with respect to that relevant measurement period(s); and (B) if the performance period has been completed and the actual performance achieved is greater than the
target level, then the number that will vest shall be 100% of the amount that would vest based on that actual performance achievement level with respect to that relevant measurement period; and (C) if the performance criteria is a Total
Shareholder Return (“TSR”) or other measure based on the value of the Company’s stock, the amount that will vest will be calculated as if the measurement period ended on the date of the Change in Control (and including the final
closing price of the Company’s stock on such date). Any Company stock options and stock appreciation rights shall thereafter remain exercisable following the Employee’s employment termination for the period prescribed in the respective
option and stock appreciation right agreements. 

 3. Continued Medical Benefits. Your reimbursement of continued health coverage under COBRA
or taxable monthly payment in lieu of reimbursement, as applicable, and as described in Section 5.3 of the Plan will be provided for a period of 18 months following your termination of employment. Notwithstanding the foregoing, if you are
not employed in the United States, the benefit under this paragraph will be a regional equivalent to COBRA determined by the Administrator in its sole discretion. 

In order to receive any Severance Benefits for which you otherwise become eligible under the Plan, you must sign and deliver to the Company
the Release, which must have become effective and irrevocable within the requisite period. 
 By your signature below, you and the Company
agree that your participation in the Plan is governed by this Participation Agreement and the provisions of the Plan. Your signature below confirms that: (1) you have received a copy of the Change in Control and Severance Plan and Summary Plan
Description; (2) you have carefully read this Participation Agreement and the Change in Control and Severance Plan and Summary Plan Description; and (3) decisions and determinations by the Administrator under the Plan will be final and
binding on you and your successors. 
  

			
	MARVELL TECHNOLOGY GROUP LTD.	  	PARTICIPANT
		
	  
	  	  

	Signature	  	Signature
		
	  
	  	  

	Name	  	Date
		
	  
	  	
	Title	  	

 Attachment: Marvell Technology Group Ltd. Change in Control and Severance Plan and Summary Plan Description 

[Signature Page to the Participation Agreement]PNTV

 

$30,000
PROMISSORY NOTE

 

FOR
VALUE RECEIVED, Players Network, a Nevada corporation (the “Borrower”) promises to pay to Steve Howard (the “Lender”)
the Principal Sum along with the Interest Rate and any other fees according to the terms herein. This Note will become effective
only upon execution by both parties and delivery of the first payment of Consideration by the Lender (the “Effective Date”).

 

The
Principal Sum is $30,000 (Thirty thousand) plus accrued and unpaid interest and any other fees. The Consideration is $30,000 (Thirty
Thousand) payable by wire The Lender may pay additional Consideration to the Borrower in such amounts and at such dates as Lender
may choose in its sole discretion.

 

The
Maturity Date is one year from the Effective Date of each payment (the “Maturity Date”) and is the date upon which
the Principal Sum of this Note, as well as any unpaid interest and other fees, shall be due and payable. The Conversion Price
is a 22% discount or 78% of the average 10-day market price prior to the conversion, plus 8% accrued interest on a annual accrual.

 

1.Conversion.
The Lender has the right, at any time after the Maturity Date, at its election, but within 18 months from the issuance date to
convert all or part of the outstanding and unpaid Principal Sum and accrued interest (and any other fees) into shares of fully
paid and non-assessable shares of common stock of the Borrower as per this conversion formula: Number of shares receivable upon
conversion equals the dollar conversion amount divided by the Conversion Price. Conversions may be delivered to Borrower by method
of Lender’s choice (including but not limited to email, facsimile, mail, overnight courier, or personal delivery), and all
conversions shall be cashless and not require further payment from the Lender. If no objection is delivered from Borrower to Lender
regarding any variable or calculation of the conversion notice within 48 hours of delivery of the conversion notice, the Borrower
shall have been thereafter deemed to have irrevocably confirmed and irrevocably ratified such notice of conversion and waived
any objection thereto. The Borrower shall deliver the shares from any conversion to Lender (in any name directed by Lender) within
5 (five) business days of conversion notice delivery. If the Lender does not convert within 18 months the Borrower has the right
to convert the outstanding principle and interest to common stock as per the Conversion Price,

 

3.Conversion
Delays. If Borrower fails to deliver shares in accordance with the timeframe stated in Section 2, Lender, at any time prior
to selling all of those shares, may rescind any portion, in whole or in part, of that particular conversion attributable to the
unsold shares and have the rescinded conversion amount returned to the Principal Sum with the rescinded conversion shares returned
to the Borrower (under Lender’s and Borrower’s expectations that any returned conversion amounts will tack back to
the original date of the Note). In addition, for each conversion, in the event that shares are not delivered by the fourth business
day (inclusive of the day of conversion), a penalty of $200 per day will be assessed for each day after the third business day
(inclusive of the day of the conversion) until share delivery is made; and such penalty will be added to the Principal Sum of
the Note (under Lender’s and Borrower’s expectations that any penalty amounts will tack back to the original date
of the Note).

 

4.Reservation
of Shares. At all times during which this Note is convertible, the Borrower will reserve from its authorized and unissued
Common Stock to provide for the issuance of Common Stock upon the full conversion of this Note.

 

5.Default.
The following are events of default under this Note: (i) the Borrower shall fail to pay any principal under the Note when due
and payable (or payable by conversion) thereunder; or (ii) the Borrower shall fail to pay any interest or any other amount under
the Note when due and payable (or payable by conversion) thereunder; or (iii) a receiver, trustee or other similar official shall
be appointed over the Borrower or a material part of its assets and such appointment shall remain uncontested for twenty (20)
days or shall not be dismissed or discharged within sixty (60) days; or (iv) the Borrower shall become insolvent or generally
fails to pay, or admits in writing its inability to pay, its debts as they become due, subject to applicable grace periods, if
any; or (v) the Borrower shall make a general assignment for the benefit of creditors; or (vi) the Borrower shall file a petition
for relief under any bankruptcy, insolvency or similar law (domestic or foreign); or (vii) an involuntary proceeding shall be
commenced or filed against the Borrower; or (viii) the Borrower shall lose its status as “DTC Eligible” or the borrower’s
shareholders shall lose the ability to deposit (either electronically or by physical certificates, or otherwise) shares into the
DTC System; or (ix) the Borrower shall become delinquent in its filing requirements as a fully-reporting issuer registered with
the SEC.

 

    	 	 	 

     

    

 

8.Remedies.
In the event of any default, the outstanding principal amount of this Note, plus accrued but unpaid interest, liquidated damages,
fees and other amounts owing in respect thereof through the date of acceleration, shall become, at the Lender’s election,
immediately due and payable in cash at the Mandatory Default Amount. The Mandatory Default Amount means the greater of (i) the
outstanding principal amount of this Note, plus all accrued and unpaid interest, liquidated damages, fees and other amounts hereon,
divided by the Conversion Price on the date the Mandatory Default Amount is either demanded or paid in full, whichever has a lower
Conversion Price

 

9.No
Shorting. Lender agrees that so long as this Note from Borrower to Lender remains outstanding, Lender will not enter into
or effect “short sales” of the Common Stock or hedging transaction, which establishes a net short position with respect
to the Common Stock of Borrower. Borrower acknowledges and agrees that upon delivery of a conversion notice by Lender, Lender
immediately owns the shares of Common Stock described in the conversion notice and any sale of those shares issuable under such
conversion notice would not be considered short sales.

 

10.Assignability.
The Borrower may not assign this Note. This Note will be binding upon the Borrower and its successors and will inure to the benefit
of the Lender and its successors and assigns and may be assigned by the Lender to anyone of its choosing without Borrower’s
approval.

 

11.Governing
Law. This Note will be governed by, and construed and enforced in accordance with, the laws of the State of Nevada, without
regard to the conflict of laws principles thereof. Any action brought by either party against the other concerning the transactions
contemplated by this Agreement shall be brought only in the state courts of Nevada or in the federal courts located in Clark County,
in the State of Nevada. Both parties and the individuals signing this Agreement agree to submit to the jurisdiction of such courts.

 

12.Delivery
of Process by Lender to Borrower. In the event of any action or proceeding by Lender against Borrower, and only by Lender
against Borrower, service of copies of summons and/or complaint and/or any other process which may be served in any such action
or proceeding may be made by Lender via U.S. Mail, overnight delivery service such as FedEx or UPS, email, fax, or process server,
or by mailing or otherwise delivering a copy of such process to the Borrower at its last known attorney as set forth in its most
recent SEC filing.

 

13.Attorney
Fees. In the event any attorney is employed by either party to this Note with regard to any legal or equitable action, arbitration
or other proceeding brought by such party for the enforcement of this Note or because of an alleged dispute, breach, default or
misrepresentation in connection with any of the provisions of this Note, the prevailing party in such proceeding will be entitled
to recover from the other party reasonable attorneys’ fees and other costs and expenses incurred, in addition to any other
relief to which the prevailing party may be entitled.

 

14.Opinion
of Counsel. In the event that an opinion of counsel is needed for any matter related to this Note, Lender has the right to
have any such opinion provided by its counsel. Lender also has the right to have any such opinion provided by Borrower’s
counsel.

 

15.Notices.
Any notice required or permitted hereunder (including Conversion Notices) must be in writing and either personally served, sent
by facsimile or email transmission, or sent by overnight courier. Notices will be deemed effectively delivered at the time of
transmission if by facsimile or email, and if by overnight courier the business day after such notice is deposited with the courier
service for delivery.

 

	Borrower:	 	Lender:
	 	 	 
	/s/
    Mark Bradley	 	/s/
    Steve E. Howard
	 	 	 
	Players
    Network	 	 
	Mark
    Bradley	 	 
	Players
    Network	 	Its
    Principal
	Chief
    Executive Officer	 	 

 

	Date:
    	6-16-16	 	Date:
    	6-16-16

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