Document:

EX-10.10

 Exhibit 10.10 

ELEVATE CREDIT, INC. 

NOTICE OF RESTRICTED STOCK UNIT AWARD 
  

					
			
	  
	 	Grantee’s Name and Address:        	 	Brian Biglin
			
	  
	 	  
	 	   

			
	  
	 	  
	 	   

 You (“Grantee”) have been granted the following award of Restricted Stock Units (the
“Award”), subject to the terms and conditions of this Notice of Restricted Stock Unit Award (the “Notice”) and the Restricted Stock Unit Agreement (the “Agreement”) attached hereto, in reliance on the employment
inducement exemption under the NYSE’s Listed Company Manual Rule 303A.08. This Award is granted outside of the Elevate Credit, Inc. 2016 Omnibus Incentive Plan, as amended from time to time (the “Plan”), but is otherwise subject to
the terms and conditions of the Plan. 
  

							
		 	Award Number	  	1	  	
				
		 	Date of Award	  	January 25, 2018	  	
				
		 	Vesting Commencement Date	  	January 25, 2018	  	
				
		 	Total Number of Restricted Stock	  		  	
		 	Units Awarded (the “Units”)	  	67,204	  	
				
		 	Expiration Date	  	January 24, 2028	  	

 Unless otherwise provided herein, the terms in this Notice shall have the same meaning as those defined in the Plan. 

Vesting Schedule: 
 Subject to the
Grantee’s Continuous Service and other limitations set forth in this Notice, the Agreement and the Plan, the Units will “vest” in accordance with the following schedule (the “Vesting Schedule”): 

Twenty five percent (25%) of the Units shall vest on each anniversary of the Vesting Commencement Date. 

In the event of the Grantee’s change in status from Employee to Consultant or Director, the determination of whether such change in status
results in a termination of Continuous Service will be determined in accordance with Section 409A of the Code. 
 During any authorized
leave of absence, the vesting of the Units as provided in this schedule shall be suspended (to the extent permitted under Section 409A of the Code) after the leave of absence exceeds a period of three (3) months. Vesting of the Units shall
resume upon the Grantee’s termination of the leave of absence and return to service to the Company or a Related Entity; provided, however, that if the leave of absence exceeds six (6) months, and a return to service upon expiration of such
leave is not guaranteed by statute or contract, then (a) the Grantee’s Continuous Service shall be deemed to terminate on the first date following 

 
such six-month period and (b) the Grantee will forfeit the Units that are unvested on the date of the Grantee’s termination of Continuous
Service. An authorized leave of absence shall include sick leave, military leave, or other bona fide leave of absence (such as temporary employment by the government). Notwithstanding the foregoing, with respect to a leave of absence due to any
medically determinable physical or mental impairment of the Grantee that can be expected to result in death or can be expected to last for a continuous period of not less than six (6) months, where such impairment causes the Grantee to be
unable to perform the duties of the Grantee’s position of employment or substantially similar position of employment, a twenty-nine (29) month period of absence shall be substituted for such six (6) month period above. The Vesting
Schedule of the Units shall be extended by the length of the suspension. 
 In the event of the Grantee’s change in status from
Employee, Director or Consultant to any other status of Employee, Director or Consultant, the Units shall continue to vest in accordance with the Vesting Schedule set forth above. 

For purposes of this Notice and the Agreement, the term “vest” shall mean, with respect to any Units, that such Units are no longer
subject to forfeiture to the Company. If the Grantee would become vested in a fraction of a Unit, such Unit shall not vest until the Grantee becomes vested in the entire Unit. 

Vesting shall cease upon the date of termination of the Grantee’s Continuous Service for any reason, including death or Disability. In
the event the Grantee’s Continuous Service is terminated for any reason, including death or Disability, any unvested Units held by the Grantee immediately following such termination of Continuous Service shall be forfeited and deemed reconveyed
to the Company and the Company shall thereafter be the legal and beneficial owner of the unvested Units and shall have all rights and interest in or related thereto without further action by the Grantee. 

In the event the Registration Date does not occur on or before the Expiration Date, any unvested Units held by the Grantee shall be forfeited
and deemed reconveyed to the Company and the Company shall thereafter be the legal and beneficial owner of the unvested Units and shall have all rights and interest in or related thereto without further action by the Grantee. 

The Award shall be subject to the provisions of Section 11 of the Plan in the event of a Corporate Transaction or Change in Control. 

IN WITNESS WHEREOF, the Company and the Grantee have executed this Notice and agree that the Award is to be governed by the terms and
conditions of this Notice, the Plan, and the Agreement. 
  

			
	 ELEVATE CREDIT, INC.
 a
Delaware corporation

 
			
		
	By:	 	/s/ Christopher Lutes
		
	Title:	 	Chief Financial Officer
		
	Date:	 	February 25, 2018

  
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 THE GRANTEE ACKNOWLEDGES AND AGREES THAT THE UNITS SHALL VEST, IF AT ALL, ONLY DURING THE PERIOD OF THE
GRANTEE’S CONTINUOUS SERVICE OR AS OTHERWISE SPECIFICALLY PROVIDED HEREIN (NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS AWARD OR ACQUIRING SHARES HEREUNDER). THE GRANTEE FURTHER ACKNOWLEDGES AND AGREES THAT NOTHING IN THIS NOTICE, THE
AGREEMENT, OR THE PLAN SHALL CONFER UPON THE GRANTEE ANY RIGHT WITH RESPECT TO FUTURE AWARDS OR CONTINUATION OF THE GRANTEE’S CONTINUOUS SERVICE, NOR SHALL IT INTERFERE IN ANY WAY WITH THE GRANTEE’S RIGHT OR THE RIGHT OF THE COMPANY OR
RELATED ENTITY TO WHICH THE GRANTEE PROVIDES SERVICES TO TERMINATE THE GRANTEE’S CONTINUOUS SERVICE AT ANY TIME, WITH OR WITHOUT CAUSE, AND WITH OR WITHOUT NOTICE. THE GRANTEE ACKNOWLEDGES THAT UNLESS THE GRANTEE HAS A WRITTEN EMPLOYMENT
AGREEMENT WITH THE COMPANY TO THE CONTRARY, THE GRANTEE’S STATUS IS AT WILL. 

  
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 Grantee Acknowledges and Agrees: 

The Grantee acknowledges receipt of a copy of the Plan and the Agreement and represents that he or she is familiar with the terms and
provisions thereof, and hereby accepts the Award subject to all of the terms and provisions hereof and thereof. The Grantee has reviewed this Notice, the Agreement and the Plan in their entirety, has had an opportunity to obtain the advice of
counsel prior to executing this Notice and fully understands all provisions of this Notice, the Agreement and the Plan. The Grantee further agrees and acknowledges that this Award is a non-elective arrangement
pursuant to Section 409A of the Code. The Grantee hereby agrees that all questions of interpretation and administration relating to this Notice, the Plan and the Agreement shall be resolved by the Administrator in accordance with Section 9
of the Agreement. The Grantee further agrees to the venue selection and waiver of a jury trial in accordance with Section 10 of the Agreement. The Grantee further agrees to notify the Company upon any change in the residence address indicated
in this Notice. 
 The Grantee further acknowledges that, from time to time, the Company may be in a “blackout period” and/or
subject to applicable federal securities laws that could subject the Grantee to liability for engaging in any transaction involving the sale of the Shares. The Grantee further acknowledges and agrees that, prior to the sale of any Shares acquired
under the Award, it is the Grantee’s responsibility to determine whether or not the sale of the Shares will subject the Grantee to liability under insider trading rules or other applicable federal securities laws. 

The Company may, in its sole discretion, decide to deliver this Notice, the Agreement, the Plan and the Plan prospectus (collectively, the
“Plan Documents”) to the Grantee by electronic means or request the Grantee’s consent to receive the Award by electronic means. The Grantee hereby agrees to Company’s provision to the Grantee of these documents by electronic
delivery and agrees to receive and hold the Award through an on-line or electronic system established and maintained by the Company or a third party designated by the Company. 

The Grantee acknowledges that the Grantee has access to the Company’s intranet and has either received electronic or paper copies of the
Plan Documents. 
  

							
				
	Date:	 	February 26, 2018	 		 	/s/ Brian Biglin
		 		 		 	Grantee’s Signature
				
		 		 		 	Brian Biglin
		 		 		 	Grantee’s Printed Name
				
		 		 		 	 
		 		 		 	Address
				
		 		 		 	 
		 		 		 	City, State & Zip

  
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 Award Number: 1 

ELEVATE CREDIT, INC. 

RESTRICTED STOCK UNIT AGREEMENT 

1.    Issuance of Units. Elevate Credit, Inc., a Delaware corporation (the “Company”), hereby issues to
the Grantee (the “Grantee”) named in the Notice of Restricted Stock Unit Award (the “Notice”) an award (the “Award”) of the Total Number of Restricted Stock Units Awarded set forth in the Notice (the “Units”)
in reliance on the employment inducement exemption under the NYSE’s Listed Company Manual Rule 303A.08. This Award is subject to the Notice and this Restricted Stock Unit Agreement (the “Agreement”) and although it is being granted
outside of the Elevate Credit, Inc. 2016 Omnibus Incentive Plan, as amended from time to time (the “Plan”), this Award is otherwise subject to the terms and conditions of the Plan, which is incorporated herein by reference. Unless
otherwise provided herein, the terms in this Agreement shall have the same meaning as those defined in the Plan. 

2.    Transfer Restrictions. The Units may not be transferred in any manner other than by will or by the laws of
descent and distribution. 
 3.    Conversion of Units and Issuance of Shares. 

(a)    General. Subject to Sections 3(b) and 3(c), one share of Common Stock shall be issuable for each Unit
subject to the Award (the “Shares”) upon vesting. Immediately thereafter, or as soon as administratively feasible, the Company will transfer the appropriate number of Shares to the Grantee after satisfaction of any Tax Withholding
Obligations (as defined below). Any fractional Unit remaining after the Award is fully vested shall be discarded and shall not be converted into a fractional Share. Notwithstanding the foregoing, the relevant number of Shares shall be issued no
later than sixty (60) days following vesting. 
 (b)    Delay of Conversion. The conversion of the Units into
the Shares under Section 3(a) above, may be delayed in the event the Company reasonably anticipates that the issuance of the Shares would constitute a violation of federal securities laws or other Applicable Law. If the conversion of the Units
into the Shares is delayed by the provisions of this Section 3(b), the conversion of the Units into the Shares shall occur at the earliest date at which the Company reasonably anticipates issuing the Shares will not cause a violation of federal
securities laws or other Applicable Law. For purposes of this Section 3(b), the issuance of Shares that would cause inclusion in gross income or the application of any penalty provision or other provision of the Code is not considered a
violation of Applicable Law. 
 (c)    Delay of Issuance of Shares. The Company shall delay the issuance of any
Shares under this Section 3 to the extent necessary to comply with Section 409A(a)(2)(B)(i) of the Code (relating to payments made to certain “specified employees” of certain publicly-traded companies); in such event, any Shares
to which the Grantee would otherwise be entitled during the six (6) month period following the date of the Grantee’s termination of Continuous Service will be issuable on the first business day following the expiration of such six
(6) month period. 

 4.    Right to Shares; Grantee’s Representations. The Grantee
shall not have any right in, to or with respect to any of the Shares (including any voting rights or rights with respect to dividends paid on the Common Stock) issuable under the Award until the Award is settled by the issuance of such Shares to the
Grantee. The Grantee understands that neither the Units nor the Shares issuable hereunder have been registered under the Securities Act of 1933, as amended, or any United States securities laws. In the event the Shares issuable hereunder have not
been registered under the Securities Act of 1933, as amended, at the time the Shares are issued, the Grantee shall, if requested by the Company, concurrently with the issuance, deliver to the Company his or her investment representation statement in
a form determined by the Administrator from time to time. 
 5.    Taxes. 

(a)    Tax Liability. The Grantee is ultimately liable and responsible for all taxes owed by the Grantee in
connection with the Award, regardless of any action the Company or any Related Entity takes with respect to any Tax Withholding Obligations that arise in connection with the Award. Neither the Company nor any Related Entity makes any representation
or undertaking regarding the treatment of any Tax Withholding Obligation in connection with any aspect of the Award, including the grant, vesting, assignment, release or cancellation of the Units, the delivery of Shares, the subsequent sale of any
Shares acquired upon vesting and the receipt of any dividends or dividend equivalents. The Company and its Related Entities do not commit and are under no obligation to structure the Award to reduce or eliminate the Grantee’s tax liability.

 (b)    Payment of Withholding Taxes. Prior to any event in connection with the Award (e.g., vesting) that the
Company determines may result in any tax withholding obligation, whether United States federal, state, local or non-U.S., including any social insurance, employment tax, payment on account or other tax-related obligation (the “Tax Withholding Obligation”), the Grantee must arrange for the satisfaction of the minimum amount of such Tax Withholding Obligation in a manner acceptable to the Company. At
any time not less than five (5) business days (or such fewer number of business days as determined by the Administrator) before any Tax Withholding Obligation arises (e.g., a vesting date), the Grantee may elect to satisfy the Grantee’s
Tax Withholding Obligation that the Company determines is sufficient by (i) wire transfer to such account as the Company may direct, (ii) delivery of a certified check payable to the Company, (iii) if permissible under Applicable Law,
directing the Company to withhold from those Shares otherwise issuable to the Grantee the whole number of Shares sufficient to satisfy the applicable Tax Withholding Obligation (limited to avoid, as determined by the Administrator, financial
accounting charges under applicable accounting guidance) or (iv) such other means as specified from time to time by the Administrator. With respect to clause (iii) of the immediately preceding sentence, the Grantee acknowledges that the
withheld Shares may not be sufficient to satisfy the Grantee’s minimum Tax Withholding Obligation. Accordingly, the Grantee agrees to pay to the Company or any Related Entity as soon as practicable, including through additional payroll
withholding, any amount of the Tax Withholding Obligation that is not satisfied by the withholding of Shares described above. If the 

  
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Grantee does not make such arrangements, the Company may, at its sole election, satisfy the Grantee’s Tax Withholding Obligation in accordance with clause (i) below. 

(i)    By Sale of Shares. The Grantee’s acceptance of this Award constitutes the Grantee’s instruction
and authorization to the Company and any brokerage firm determined acceptable to the Company for such purpose to, upon the exercise of Company’s sole discretion, sell on the Grantee’s behalf a whole number of Shares from those Shares
issuable to the Grantee as the Company determines to be appropriate to generate cash proceeds sufficient to satisfy the minimum applicable Tax Withholding Obligation. Such Shares will be sold on the day such Tax Withholding Obligation arises (e.g.,
a vesting date) or as soon thereafter as practicable. The Grantee will be responsible for all broker’s fees and other costs of sale, and the Grantee agrees to indemnify and hold the Company harmless from any losses, costs, damages, or expenses
relating to any such sale. To the extent the proceeds of such sale exceed the Grantee’s minimum Tax Withholding Obligation, the Company agrees to pay such excess in cash to the Grantee. The Grantee acknowledges that the Company or its designee
is under no obligation to arrange for such sale at any particular price, and that the proceeds of any such sale may not be sufficient to satisfy the Grantee’s minimum Tax Withholding Obligation. Accordingly, the Grantee agrees to pay to the
Company or any Related Entity as soon as practicable, including through additional payroll withholding, any amount of the Tax Withholding Obligation that is not satisfied by the sale of Shares described above. 

Notwithstanding the foregoing, the Company or a Related Entity also may satisfy any Tax Withholding Obligation by offsetting any amounts (including, but not
limited to, salary, bonus and severance payments) payable to the Grantee by the Company and/or a Related Entity. Furthermore, in the event of any determination that the Company and/or a Related Entity has failed to withhold a sum sufficient to pay
the Tax Withholding Obligation due in connection with the Award, the Grantee agrees to pay the Company and/or the Related Entity the amount of such deficiency in cash within five (5) days after receiving a written demand from the Company and/or
the Related Entity to do so, whether or not the Grantee is an employee of the Company and/or the Related Entity at that time. 

6.    Lock-Up Agreement. 

(a)    Agreement. The Grantee, if requested by the Company and the lead underwriter of any public offering of the
Common Stock (the “Lead Underwriter”), hereby irrevocably agrees not to sell, contract to sell, grant any option to purchase, transfer the economic risk of ownership in, make any short sale of, pledge or otherwise transfer or dispose of
any interest in any Common Stock or any securities convertible into or exchangeable or exercisable for or any other rights to purchase or acquire Common Stock (except Common Stock included in such public offering or acquired on the public market
after such offering) during the 180-day period following the effective date of a registration statement of the Company filed under the Securities Act of 1933, as amended, or such shorter or longer period of
time as the Lead Underwriter shall specify (such period, the “Lock-Up Period”). The Grantee further agrees to sign such documents as may be requested by the Lead Underwriter to effect the foregoing
and agrees that the Company may impose stop-transfer instructions with respect to such Common Stock subject to the Lock-Up Period until the end of such period. The Company and the Grantee acknowledge that each
Lead Underwriter of a public offering of the Company’s stock, during the period of such offering and for the Lock-Up Period thereafter, is an intended beneficiary of this Section 6. 

  
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 (b)    No Amendment Without Consent of Underwriter. During the period
from identification of a Lead Underwriter in connection with any public offering of the Company’s Common Stock until the earlier of (i) the expiration of the Lock-Up Period specified in
Section 6(a) in connection with such offering or (ii) the abandonment of such offering by the Company and the Lead Underwriter, the provisions of this Section 6 may not be amended or waived except with the consent of the Lead
Underwriter. 
 7.    Entire Agreement; Governing Law. The Notice, the Plan and this Agreement constitute the
entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Company and the Grantee with respect to the subject matter hereof, and may not be modified
adversely to the Grantee’s interest except by means of a writing signed by the Company and the Grantee. These agreements are to be construed in accordance with and governed by the internal laws of the State of Texas without giving effect to any
choice of law rule that would cause the application of the laws of any jurisdiction other than the internal laws of the State of Texas to the rights and duties of the parties. Should any provision of the Notice or this Agreement be determined to be
illegal or unenforceable, the other provisions shall nevertheless remain effective and shall remain enforceable. 

8.    Construction. The captions used in the Notice and this Agreement are inserted for convenience and shall not
be deemed a part of the Award for construction or interpretation. Except when otherwise indicated by the context, the singular shall include the plural and the plural shall include the singular. Use of the term “or” is not intended to be
exclusive, unless the context clearly requires otherwise. 
 9.    Administration and Interpretation. Any
question or dispute regarding the administration or interpretation of the Notice, the Plan or this Agreement shall be submitted by the Grantee or by the Company to the Administrator. The resolution of such question or dispute by the Administrator
shall be final and binding on all persons. 
 10.    Venue and Waiver of Jury Trial. The parties agree that any
suit, action, or proceeding arising out of or relating to the Notice, the Plan or this Agreement shall be brought in the United States District Court for the Northern District of Texas (or should such court lack jurisdiction to hear such action,
suit or proceeding, in a Texas state court in Tarrant County) and that the parties shall submit to the jurisdiction of such court. The parties irrevocably waive, to the fullest extent permitted by law, any objection the party may have to the laying
of venue for any such suit, action or proceeding brought in such court. THE PARTIES ALSO EXPRESSLY WAIVE ANY RIGHT THEY HAVE OR MAY HAVE TO A JURY TRIAL OF ANY SUCH SUIT, ACTION OR PROCEEDING. If any one or more provisions of this Section 10
shall for any reason be held invalid or unenforceable, it is the specific intent of the parties that such provisions shall be modified to the minimum extent necessary to make it or its application valid and enforceable. 

  
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 11.    Notices. Any notice required or permitted hereunder shall be
given in writing and shall be deemed effectively given upon personal delivery, upon deposit for delivery by an internationally recognized express mail courier service or upon deposit in the United States mail by certified mail (if the parties are
within the United States), with postage and fees prepaid, addressed to the other party at its address as shown in these instruments, or to such other address as such party may designate in writing from time to time to the other party. 

12.    Language. If the Grantee has received this Agreement or any other document related to the Plan translated
into a language other than English and if the translated version is different than the English version, the English version will control, unless otherwise prescribed by Applicable Law. 

13.     Nature of Award. In accepting the Award, the Grantee acknowledges and agrees that: 

(a)    the Award is established voluntarily by the Company, it is discretionary in nature, and it may be modified, amended,
suspended or terminated by the Company at any time, unless otherwise provided in the Plan and this Agreement; 

(b)    the Award is voluntary and occasional and does not create any contractual or other right to receive future awards,
or benefits in lieu of awards, even if awards have been awarded repeatedly in the past; 
 (c)    all decisions with
respect to future awards, if any, will be at the sole discretion of the Company; 
 (d)    the Grantee’s receipt of
the Award is voluntary; 
 (e)    the Grantee’s receipt of the Award shall not create a right to any employment with
the Grantee’s employer and shall not interfere with the ability of the Company or the employer to terminate the Grantee’s employment relationship, if any, at any time; 

(f)    the Award is not part of normal or expected compensation or salary for any purposes, including, but not limited to,
calculating any severance, resignation, termination, redundancy, end of service payments, bonuses, long-service awards, pension or retirement or welfare benefits or similar payments and in no event should be considered as compensation for, or
relating in any way to, past services for the Company or any Related Entity; 
 (g)    in the event that the Grantee is
not an Employee of the Company or any Related Entity, the Award will not be interpreted to form an employment or service contract or relationship with the Company or any Related Entity; 

(h)    the future value of the underlying Shares is unknown and cannot be predicted with certainty; 

(i)    in consideration of the Award, no claim or entitlement to compensation or damages shall arise from termination of
the Award or diminution in value of the Award or Shares acquired upon vesting of the Award, resulting from termination of the Grantee’s Continuous Service by the Company or any Related Entity (for any reason whatsoever and

  
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whether or not in breach of local labor laws) and in consideration of the grant of the Award, the Grantee irrevocably releases the Company and any Related Entity from any such claim that may
arise; if, notwithstanding the foregoing, any such claim is found by a court of competent jurisdiction to have arisen, then, by signing the Notice, the Grantee shall be deemed irrevocably to have waived his or her right to pursue or seek remedy for
any such claim or entitlement; 
 (j)    in the event of termination of the Grantee’s Continuous Service (whether or
not in breach of local labor laws), the Grantee’s right to receive awards, including under the Plan, and to vest in such awards, if any, will (except as otherwise provided in the Notice or herein) terminate effective as of the date that the
Grantee is no longer providing services and will not be extended by any notice period mandated under local law (e.g., providing services would not include a period of “garden leave” or similar period pursuant to local law);
furthermore, in the event of termination of the Grantee’s Continuous Service (whether or not in breach of local labor laws), the Administrator shall have the exclusive discretion to determine when the Grantee is no longer providing services for
purposes of this Award; 
 (k)    the Company is not providing any tax, legal or financial advice, nor is the Company
making any recommendations regarding the Award or the Grantee’s acquisition or sale of the underlying Shares; and 

(l)    the Grantee is hereby advised to consult with the Grantee’s own personal tax, legal and financial advisers
regarding the Grantee’s receipt of the Award. 
 14.     Data Privacy. 

(a)    The Grantee hereby explicitly and unambiguously consents to the collection, use and transfer, in electronic or
other form, of the Grantee’s personal data as described in the Notice and this Agreement by and among, as applicable, the Grantee’s employer, the Company and any Related Entity for the exclusive purpose of implementing, administering and
managing the Grantee’s Award. 
 (b)    The Grantee understands that the Company and the Grantee’s
employer may hold certain personal information about the Grantee, including, but not limited to, the Grantee’s name, home address and telephone number, date of birth, social insurance or other identification number, salary, nationality, job
title, any Shares or directorships held in the Company, details of all Awards or any other entitlement to Shares awarded, canceled, vested, unvested or outstanding in the Grantee’s favor, for the exclusive purpose of implementing, administering
and managing the Award (“Data”). 
 (c)    The Grantee understands that Data will be transferred to any
third party assisting the Company with the implementation, administration and management of the Plan and/or Company equity awards outside the Plan. The Grantee understands that the recipients of the Data may be located in the Grantee’s country,
or elsewhere, and that the recipients’ country may have different data privacy laws and protections than the Grantee’s country. The Grantee understands that the Grantee may request a list with the names and addresses of any potential
recipients of the Data by contacting the Grantee’s local human resources representative. The Grantee authorizes the Company and any other possible recipients which may assist the 

  
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Company (presently or in the future) with implementing, administering and managing the Plan and other Company equity awards, including the Award, to receive, possess, use, retain and transfer the
Data, in electronic or other form, for the sole purpose of implementing, administering and managing the Grantee’s Award. The Grantee understands that Data will be held only as long as is necessary to implement, administer and manage the
Grantee’s Award. The Grantee understands that the Grantee may, at any time, view Data, request additional information about the storage and processing of Data, require any necessary amendments to Data or refuse or withdraw the consents herein,
in any case without cost, by contacting in writing the Grantee’s local human resources representative. The Grantee understands, however, that refusal or withdrawal of consent may affect the Grantee’s ability to retain the Award. For more
information on the consequences of the Grantee’s refusal to consent or withdrawal of consent, the Grantee understands that the Grantee may contact the Grantee’s local human resources representative. 

15.    Amendment and Delay to Meet the Requirements of Section 409A. The Grantee acknowledges
that the Company, in the exercise of its sole discretion and without the consent of the Grantee, may amend or modify this Agreement in any manner and delay the issuance of any Shares issuable pursuant to this Agreement to the minimum extent
necessary to meet the requirements of Section 409A of the Code as amplified by any Treasury regulations or guidance from the Internal Revenue Service as the Company deems appropriate or advisable. In addition, the Company makes no
representation that the Award will comply with Section 409A of the Code and makes no undertaking to prevent Section 409A of the Code from applying to the Award or to mitigate its effects on any deferrals or payments made in respect of the
Units. The Grantee is encouraged to consult a tax adviser regarding the potential impact of Section 409A of the Code. 
 END OF
AGREEMENT 

  
 7Exhibit

Exhibit 10.1

Recitals

This Separation Agreement (“Separation Agreement”) is made by and between Darin G. Billerbeck (“Executive”) and Lattice Semiconductor Corporation (the “Company”) (jointly referred to as the “Parties”): 
WHEREAS, Executive is employed by the Company;
WHEREAS, Executive is a resident of the State of Oregon; 
WHEREAS, the Company and Executive entered into an Employment Agreement dated November 8, 2010 (the “Employment Agreement”);
WHEREAS, the Parties agree that Executive’s employment with the Company will terminate on May 31, 2018 (the “Termination Date”);
WHEREAS, the Parties agree that Executive will serve as Chief Executive Officer on site until March 16, 2018. Thereafter and until the Termination Date, Executive will remain an executive officer of the Company and will not be required to come into the office unless specifically requested to do so by Company, but will remain available for consultation with designated members of the Company’s management team and initial fulfillment of his obligation to cooperate in certain matters as described in Section 16 of this Separation Agreement.  After March 16, 2018, the responsibilities of the office of Chief Executive Officer will be fulfilled by another executive officer of the Company designated by the Company’s Board of Directors.  Executive will resign as a member of the Board of Directors on March 16, 2018 (which will be deemed effective automatically on that date);
WHEREAS, the Company and Executive entered into a Proprietary Rights Agreement dated November 8, 2010 regarding intellectual property and confidential information (the “Proprietary Rights Agreement”);
WHEREAS, the Company and Executive entered into an Indemnification Agreement, dated November 8, 2010, regarding Executive’s rights to indemnification (the “Indemnification Agreement”);
WHEREAS, the Company and Executive entered into various agreements granting Executive the option to purchase shares of the Company’s common stock, subject to the terms and conditions of the Company’s 1996 Stock Plan and 2001 or 2013 Incentive Plan (the “Plans”) pursuant to which such stock option was granted and such agreements, and granting Executive awards of restricted stock units representing the right to acquire shares of the Company’s common stock, subject to the terms and conditions of the applicable Plan pursuant to which such restricted stock units were granted and such agreements (the “Equity Agreements”);
WHEREAS, the Parties wish to resolve any and all disputes, claims, complaints, grievances, charges, actions, petitions and demands that Executive may have against the Company as defined herein, arising out of, or related to, Executive’s employment with, or separation from, the Company;
NOW THEREFORE, in consideration of the promises made herein, the Parties hereby agree as follows (with the recitals above being deemed part of this Agreement):

COVENANTS
1.Consideration.

(a)Pursuant to Section 8(a) of the Employment Agreement and this Separation Agreement, Executive’s receipt of severance is subject to Executive executing and not revoking this Separation Agreement.  In consideration of Executive executing and not revoking this Separation Agreement, the Company agrees to pay (or provide, as applicable) Executive a lump sum cash payment of $1,000,000, comprised of 1.0 times Executive’s base salary plus 1.0 times Executive’s Target Amount as defined in Section 2(b) of the Employment Agreement, without proration, within five (5) business days of the Termination Date, and provide the other benefits in this Separation Agreement.  Executive acknowledges that such consideration will be in full satisfaction of the payments and obligations provided under the Employment Agreement or otherwise from the Company (except for salary and customary benefits payable between the Effective Date and the Terminate Date), and he will not be entitled to any additional payments, salary, wages, bonuses, accrued vacation, housing allowances, relocation costs, interest, severance, stock, stock options, outplacement costs, fees, commissions or any other benefits and compensation, except as provided in any Company employee welfare or pension benefit plans as defined by the Executive Retirement Income Security Act of 1974, as amended (“ERISA”) (such plans, the “Benefit Plans”), this Separation Agreement, the Indemnification Agreement and/or the Equity Agreements.

(b)Stock.  Executive acknowledges that as of the Termination Date, and after taking into account any accelerated vesting provided by the Employment Agreement or Equity Agreements, he will then hold vested and exercisable stock options to acquire shares of Company common stock and no more, and will hold vested restricted stock units settled for shares of Company common stock and no more as set forth in the Equity Report attached here to as Exhibit A, including the vesting of 35,000 restricted stock units granted under grant number 109218 and identified on such Exhibit A as unvested.  All other equity awards will be automatically forfeited effective when Executive’s employment with the Company terminates.  The exercise of any stock options and the settlement of any restricted stock units shall continue to be subject to the terms and conditions of the applicable Equity Agreement and the Employment Agreement, but after March 16, 2018 these equity grants, including the underlying shares, shall not be subject to any otherwise applicable stock ownership guidelines or stock retention requirements adopted by the Company’s Board of Directors or a committee thereof.

(c)Benefits.  Executive’s health insurance benefits will cease on the last day of the month of the Termination Date, subject to Executive’s right to elect to continue his health insurance under the Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) until the earliest of (i) twelve months after the Termination Date, or (ii) the date when Executive commences receiving substantially equivalent health insurance coverage in connection with new employment (with such premiums to be reimbursed by the Company as provided in the Employment Agreement).  In addition, the Executive shall receive the following payments on the Termination Date: (i) all unpaid salary, and unpaid vacation accrued (if applicable), through the Termination Date, and (ii) any unreimbursed business expenses submitted within 30 days after the Termination Date and in accordance with the Company’s standard reimbursement policies and procedures.  Subject to this Separation Agreement, the Employment Agreement, the Indemnification Agreement, the Equity Agreements and/or the Benefit Plans, Executive’s participation in all other benefits and incidents of employment (including, but not limited to, the accrual of vacation and paid time off, and the vesting of stock options and restricted stock units) will cease on the Termination Date. 

(d)Directors and Officers Insurance. Executive will continue to be covered by the directors’ and officers’ liability policies paid for by the Company for his action on behalf of the Company through the Termination Date. 

(e)    Indemnification. For the avoidance of doubt, all of Executive’s rights pursuant to the Indemnification Agreement, as well as any of Executive’s rights to indemnification and advancement of expenses under Article VI of the Company’s Bylaws or any Company policy or applicable law, shall continue in full force and effect pursuant to its terms.

2.Confidential Information.  Executive shall continue to comply with the terms and conditions of the Proprietary Rights Agreement, and maintain the confidentiality of all of the Company’s confidential and proprietary information; provided, however, that nothing in the Proprietary Rights Agreement or this Separation Agreement shall prevent Executive from disclosing such information if legally compelled to do so as part of the legal, judicial or administrative process; provided that the Executive gives the Company prior written notice of the compelled disclosure reasonably in advance of disclosure (unless prohibited from doing so by legal process) and cooperates and provides the Company an opportunity to seek confidentiality or other limitations on the disclosure.  Executive also shall return to the Company all of the Company’s property, including all confidential and proprietary information, in Executive’s possession, on or before the Termination Date.

3.Release of Claims.

The Company agrees to fully and forever release Executive from any claim, duty, obligation or cause of action for monetary damages relating to any matters of any kind arising out of or relating to Executive’s employment by the Company or any agreement or arrangement with the Company, or Executive’s service as an officer of the Company and/or a director of the Company, whether presently known or unknown, suspected or unsuspected, other than (i) with respect to knowing violations of law, or receiving an improper personal benefit, fraud, theft or similar improper conduct, and (ii) claims for breaches of duties owed to the Company and its shareholders or for violations of securities rules and regulations.  The Company represents that it is not aware of any claim against Executive other than the claims that are released by this Separation Agreement.  For clarity, the foregoing release does not include claims pursuant to this Separation Agreement or enforcement of the Proprietary Rights Agreement and Section 8(c) of the Employment Agreement.

Executive agrees that the consideration set forth in this Separation Agreement represents settlement in full of all outstanding obligations owed to Executive by the Company.  Executive, on his own behalf and on behalf of his respective heirs, family members, executors, agents, and assigns, hereby fully and forever releases the Company and its current and former: officers, directors, employees, agents, investors, attorneys, shareholders, administrators, affiliates, divisions, subsidiaries, predecessor and successor corporations and assigns (the “Releasees”) from, and agrees not to sue any of the Releasees concerning, any claim, duty, obligation or cause of action for monetary damages relating to any matters of any kind arising out of or relating to his employment by the Company or any agreement or arrangement with the Company, or his service as an officer of the Company and/or a director of the Company, whether presently known or unknown, suspected or unsuspected, that Executive may possess arising from any omissions, acts or facts that have occurred up until and including the Termination Date, excluding the “Excluded Claims” (as defined below) and including, without limitation:

(a)any and all claims relating to or arising from Executive’s employment with the Company, or the termination of that employment;

(b)any and all claims relating to, or arising from, Executive’s right to purchase, or actual purchase of, shares of Company stock, including, but not limited to, any claims for fraud, misrepresentation, breach of fiduciary duty, breach of duty under applicable state corporate law, and securities fraud under any state or federal law;

(c)any and all claims under the law of any jurisdiction, including, but not limited to, wrongful discharge of employment; constructive discharge from employment; termination in violation of public policy; discrimination; breach of contract, both express and implied; breach of a covenant of good faith and fair dealing, both express and implied; promissory estoppel; negligent or intentional infliction of emotional distress; negligent or intentional misrepresentation; negligent or intentional interference with contract or prospective economic advantage; unfair business practices; defamation; libel; slander; negligence; personal injury; assault; battery; invasion of privacy; false imprisonment; and conversion;

(d)any and all claims for violation of any federal, state or municipal statute, including, but not limited to, Title VII of the Civil Rights Act of 1964; the Civil Rights Act of 1991; the Age Discrimination in Employment Act of 1967; the Americans with Disabilities Act of 1990; the Fair Labor Standards Act; ERISA; the Worker Adjustment and Retraining Notification Act; the Older Workers Benefit Protection Act; the Family and Medical Leave Act; and the Fair Credit Reporting Act;

(e)any and all claims for violation of the federal, or any state, constitution;

(f)any and all claims arising out of any other laws and regulations relating to employment or employment discrimination; and

(g)any and all claims for attorney fees and costs.

For purposes of this Separation Agreement, the “Excluded Claims” means only the claims pursuant to this Agreement, the Benefit Plans, the Indemnification Agreement, the non-disparagement clause of Section 8(c) of the Employment Agreement, the right to indemnification under Section 9(a) of the Employment Agreement, and any right to exercise stock options or receive restricted stock units pursuant to the relevant provisions of the Equity Agreements. Nothing in this Agreement prevents Executive from filing a charge or complaint with or from participating in an investigation or proceeding conducted by any federal, state or local agency charged with the enforcement of any employment laws, although by signing this Agreement Employee waives rights to individual relief based on claims asserted in such a charge or complaint.  This waiver does not apply if it is otherwise prohibited by law, including whistleblower awards under Section 21F of the Securities Exchange Act. 

4.Acknowledgement of Waiver of Claims Under ADEA.  Executive acknowledges that he is waiving and releasing any rights he may have against the Releasees for monetary damages under the Age Discrimination in Employment Act of 1967 (“ADEA”) and that this waiver and release is knowing and voluntary.  Executive and the Company agree that this waiver and release does not apply to any rights or claims that may arise under the ADEA after the Termination Date.  Executive acknowledges that the consideration given for this waiver and release Agreement is in addition to anything of value to which Executive was already entitled.  Executive further acknowledges that he has been advised by this writing that: 

(a)he should consult with an attorney prior to executing this Separation Agreement;

(b)he has up to twenty-one (21) days within which to consider this Separation Agreement;

(c)he has seven (7) days following his execution of this Separation Agreement to revoke this Separation Agreement;

(d)this ADEA waiver shall not be effective until the revocation period has expired; and,

(e)nothing in this Separation Agreement prevents or precludes Executive from challenging or seeking a determination in good faith of the validity of this waiver under the ADEA, nor does it impose any condition precedent, penalties or costs for doing so, unless specifically authorized by federal law.

5.Unknown Claims.  The Parties represent that they are not aware of any claim by either of them other than the claims that are released by this Separation Agreement.  Executive acknowledges that he has been advised by legal counsel and are familiar with the principle that a general release does not extend to claims which the releasor does not know or suspect to exist in his favor at the time of executing this Separation Agreement, which if known by him must have materially affected his settlement with the Releasee.  Executive, being aware of said principle, agrees to expressly waive any rights Executive may have to that effect, as well as under any other statute or common law principles of similar effect.

6.Application for Employment.  Executive understands and agrees that, as a condition of this Separation Agreement, he shall not be entitled to any employment with the Company, its subsidiaries, or any successor, and he hereby waives any alleged right of employment or re-employment with the Company, its subsidiaries or related companies, or any successor.

7.Company Interests.  Executive will continue to act in the best interests of the Company prior to the Termination Date.  Executive agrees both to immediately notify the Company upon receipt of any such subpoena or court order, and to furnish, within three (3) business days of its receipt, a copy of such subpoena or court order to the Company.  If otherwise approached by anyone for counsel or assistance in the presentation or prosecution of any disputes, differences, grievances, claims, charges, or complaints against any of the Releasees, Executive shall state no more than that he cannot provide such counsel or assistance.

8.Costs.  The Parties shall each bear their own costs, expert fees, attorney fees and other fees incurred in connection with the preparation of this Separation Agreement, except that the Company shall pay Executive’s attorney fees and costs incurred in connection with the preparation of this Separation Agreement (and any amendments thereto).

9.Arbitration.  The Parties agree that any and all disputes arising out of, or relating to, the terms of this Separation Agreement, their interpretation, and any of the matters herein released, shall be subject to binding arbitration as described in Section 9(c) of the Employment Agreement.

10.No Representations.  Each Party represents that it has had the opportunity to consult with an attorney, and has carefully read and understands the scope and effect of the provisions of this Separation Agreement.  Neither Party has relied upon any representations or statements made by the other Party hereto which are not specifically set forth in this Separation Agreement.

11.No Oral Modification.  Any modification or amendment of this Separation Agreement, or additional obligation assumed by either Party in connection with this Separation Agreement, shall be effective only if placed in writing and signed by both Parties or their authorized representatives.

12.Entire Agreement.  This Separation Agreement, the Employment Agreement, the Indemnification Agreement, the Benefit Plans, the Proprietary Rights Agreement and the Equity Agreements represent the entire agreement and understanding between the Company and Executive concerning the subject matter of this Separation Agreement and Executive’s relationship with the Company, and supersede and replace any and all prior agreements and understandings between the Parties concerning the subject matter of this Separation Agreement and Executive’s relationship with the Company.

13.Governing Law.  This Separation Agreement shall be governed by the laws of the State of Oregon, without regard for choice of law provisions.

14.Effective Date.  This Separation Agreement is only effective after it has been signed by both parties and after eight (8) days have passed following the date Executive signed the Agreement without Executive revoking this Separation Agreement (the “Effective Date”).

15.Voluntary Execution of Release.  This Separation Agreement is executed voluntarily and with the full intent of releasing all claims, and without any duress or undue influence by any of the Parties.  The Parties acknowledge that:

(a)They have read this Separation Agreement;

(b)They have been represented in the preparation, negotiation, and execution of this Separation Agreement by legal counsel of their own choice or that they have voluntarily declined to seek such counsel;

(c)They understand the terms and consequences of this Separation Agreement and of the releases it contains; and

(d)    They are fully aware of the legal and binding effect of this Separation Agreement.

16.Cooperation. From the date of this Separation Agreement and continuing after Executive’s termination of employment with the Company and without further compensation, Executive agrees to cooperate fully and timely with reasonable requests of the Company and government in the handling or investigation of any government information requests, administrative charges, government inquires or lawsuits involving the Company or its subsidiaries or affiliated companies that relate to matters that arose while Executive was an employee of the Company.  Such cooperation specifically, and without limiting the foregoing, includes, but is not limited to, ongoing cooperation with the Company and its counsel with respect to the following:  (1) the Company’s compliance with the grand jury subpoena dated September 25, 2017 from the United States District Court for the Southern District of New York (which relates to the Chow matter described below); (2) the Company’s cooperation with the Government in the trial of United States of America v. Benjamin Chow, Case No. 17-cr-667, in the United States District Court for the Southern District of New York; and (3) Brown v. Lattice Semiconductor Corporation 

Arbitration (01-16-0004-4411).  Cooperation will also specifically include full cooperation with the Company in preparation for Executive’s deposition and arbitration testimony in any litigation or arbitration involving the Company. In the event Executive is asked to testify or give an interview in any action or proceeding as a non-party witness, in any forum, relating to Company matters that arose while Executive was an employee of the Company, Executive agrees that his cooperation with the Company, as required herein, shall include advising the Company reasonably in advance of such testimony or interviews, and permitting attendance by the Company’s counsel, which Company agrees at all times (and notwithstanding any developments in any such action or proceeding) shall be limited to one representative of the Company’s choosing absent Executive’s prior consent, during preparation sessions, including with the government, for such testimony or interviews, as well as at the testimony or interview itself, consistent with Executive’s own attorney-client privileges and excluding any portion of such preparation sessions that do not relate to Company matters.

         Company will reimburse Executive for any reasonable out-of-pocket expenses Executive incurs by reason of such cooperation, including Executive’s legal costs, which shall include, but not be limited to, all costs and fees incurred pursuant to the Engagement Letter dated February 22, 2018 by and between Executive, the Company and Gibson, Dunn & Crutcher LLP. The Company will make reasonable efforts to minimize any interruption to Executive’s life in connection with Executive’s cooperation in such matters as provided for in this paragraph.

17.  Non-solicitation and Non-competition.  The receipt of any severance benefits will be subject to Executive agreeing that during his employment with the Company and for the 12 month period after the Termination Date (the “Continuance Period”), Executive will not (i) solicit any employee of the Company for employment other than at the Company, or (ii) directly or indirectly engage in (including as an officer, employee, consultant or advisor), have any ownership interest in or participate in or with any entity that as of the Termination Date, directly competes with the Company in any substantial business of the Company or any business reasonably expected to become a substantial business (i.e., at least 5% of the Company’s gross revenues) of the Company during the Continuance Period. Executive’s passive ownership of not more than 1% of any publicly traded company and/or 5% ownership of any privately held company will not constitute a breach of this Section 17. The Parties agree that Executive’s non-competition obligations pursuant to this Section 17 will apply to the companies set forth in Exhibit B attached hereto.

18.   Non-disparagement. During his employment with the Company and the Continuance Period, Executive will not knowingly publicly disparage, criticize, or otherwise make any derogatory statements regarding the Company, its directors, or its officers.  The Company’s then and future directors will not knowingly publicly disparage, criticize, or otherwise make any derogatory statements regarding Executive during his employment with the Company or the Continuance Period.  The Company will also instruct its officers to not knowingly publicly disparage, criticize, or otherwise make any derogatory statements regarding Executive during his employment with the Company or the Continuance Period.  Notwithstanding the foregoing, nothing contained in this Separation Agreement will be deemed to restrict Executive, the Company or any of the Company’s current or former officers and/or directors from communicating with any government agencies or otherwise participating in any investigation or proceeding that may be conducted by any government agency, including providing documents or other information, without notice to the Company if directed by the governmental agency.

[signature page follows]

IN WITNESS WHEREOF, each of the Parties has executed this Separation Agreement, in the case of the Company by a duly authorized officer, as of the day and year written below.
COMPANY:
LATTICE SEMICONDUCTOR CORPORATION

By:     /s/ Byron W. Milstead                            Date: March 12, 2018
Title: Corporate Vice President, General Counsel & Secretary

EXECUTIVE:

/s/ Darin G. Billerbeck                            Date: March 12, 2018
Darin G. Billerbeck

Exhibit A

Equity Report

	
																				
	LATTICE SEMICONDUCTOR
	 
	PERSONNEL SUMMARY

	 
	 
	 
	 
	 
	AS OF 05/31/2019

	 
	 
	 
	 
	Name
	

	Billerbeck, Darin G.

	 
	 
	 
	 
	ID
	

	12831
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	Grant
	Grant
	Plan/
	 
	 
	Exercised/
	 
	 
	 
	Outstanding/
	Exercisable/

	Number
	Date
	Type
	Shares
	Price
	Released
	Vested
	Canceled
	Unvested
	Unreleased
	Releasable

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	103521
	11/8/2010
	2001/NQ
	750,000
	

	$
	4.860000
	

	750,000
	

	750,000
	

	—
	

	—
	

	—
	

	—
	

	105379
	2/5/2013
	1996/NQ
	480,000
	

	$
	4.640000
	

	—
	

	480,000
	

	—
	

	—
	

	480,000
	

	480,000
	

	105982
	2/11/2014
	2013/NQ
	462,596
	

	$
	7.100000
	

	—
	

	462,596
	

	—
	

	—
	

	462,596
	

	462,596
	

	106519
	2/6/2015
	2013/NQ
	198,161
	

	$
	6.100000
	

	—
	

	198,161
	

	—
	

	—
	

	198,161
	

	198,161
	

	106533
	2/6/2015
	2013/NQ
	45,769
	

	$
	6.100000
	

	—
	

	45,769
	

	—
	

	—
	

	45,769
	

	45,769
	

	107381
	5/13/2016
	2013/NQ
	202,000
	

	$
	5.280000
	

	—
	

	151,500
	

	—
	

	50,500
	

	202,000
	

	151,500
	

	107384
	5/13/2016
	2013/NQ
	139,900
	

	$
	5.280000
	

	—
	

	—
	

	—
	

	139,900
	

	139,900
	

	139,900
	

	109197
	10/18/2017
	2013/NQ
	256,500
	

	$
	5.730000
	

	—
	

	109,928
	

	—
	

	146,572
	

	256,500
	

	109,928
	

	109205
	10/18/2017
	2013/NQ
	177,900
	

	$
	5.730000
	

	—
	

	—
	

	—
	

	177,900
	

	177,900
	

	—
	

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	103545
	2/1/2011
	2001/RSU
	39,683
	

	$
	—
	

	39,683
	

	39,683
	

	—
	

	—
	

	—
	

	—
	

	104670
	3/30/2012
	1996/RSU
	155,521
	

	$
	—
	

	155,521
	

	155,521
	

	—
	

	—
	

	—
	

	—
	

	105378
	2/5/2013
	1996/RSU
	215,517
	

	$
	—
	

	215,517
	

	215,517
	

	—
	

	—
	

	—
	

	—
	

	105983
	2/11/2014
	2013/RSU
	98,592
	

	$
	—
	

	98,592
	

	98,592
	

	—
	

	—
	

	—
	

	—
	

	105999
	2/11/2014
	2013/RSU
	49,296
	

	$
	—
	

	49,296
	

	49,296
	

	—
	

	—
	

	—
	

	—
	

	106000
	2/11/2014
	2013/RSU
	49,296
	

	$
	—
	

	49,296
	

	49,296
	

	—
	

	—
	

	—
	

	—
	

	106522
	2/6/2015
	2013/RSU
	163,934
	

	$
	—
	

	122,950
	

	163,934
	

	—
	

	—
	

	40,984
	

	40,984
	

	107378
	5/13/2016
	2013/RSU
	167,000
	

	$
	—
	

	73,062
	

	125,250
	

	—
	

	41,750
	

	93,938
	

	52,188
	

	109213
	10/18/2017
	2013/RSU
	210,300
	

	$
	—
	

	—
	

	84,120
	

	—
	

	126,180
	

	210,300
	

	84,120
	

	109218
	11/3/2017
	2013/RSU
	70,000
	

	$
	—
	

	—
	

	35,000
	

	—
	

	35,000
	

	70,000
	

	35,000
	

	 
	 
	TOTALS
	3,931,965
	

	 
	1,553,917
	

	3,214,163
	

	—
	

	717,802
	

	2,378,048
	

	1,800,146
	

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	Summary of Darin Billerbeck's Equity for Acceleration
	 

	 
	 
	Options & RSUs vesting up to 5/31/2019
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	 
	Grant
	Grant Date
	Total to Accelerate
	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	Restricted Stock Units (RSUs)
	 
	106522
	2/6/2015
	

	 
	40,984
	

	 

	 
	 
	 
	 
	 
	 
	107378
	5/13/2016
	

	 
	52,188
	

	 

	 
	 
	 
	 
	 
	 
	109213
	10/18/2017
	

	 
	84,120
	

	 

	 
	 
	 
	 
	 
	 
	109218
	11/3/2017
	

	 
	35,000
	

	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	212,292
	

	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	 
	 

	 
	 
	 
	 
	 
	Options
	

	106519
	2/6/2015
	

	 
	49,541
	

	 

	 
	 
	 
	 
	 
	 
	107381
	5/13/2016
	

	 
	63,125
	

	 

	 
	 
	 
	 
	 
	 
	109197
	10/18/2017
	

	 
	91,607
	

	 

	 
	 
	 
	 
	 
	 
	 
	 
	 
	204,273
	

	 

Exhibit B
Companies Subject to Non-Compete 

Xilinx
Programmable Solutions Group within Intel (Formerly Altera)
Microsemi 
Quicklogic
Pango Microsystems  
Capital Microelectronics 
Gowin Semiconductor  
Analogic  
AGM Microelectronics  
Xian Intelligence Silicon Tech 
Socionext
Panasonic
Analogix
Keyssa
Perasso
Efinix

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