Document:

Employment Agreement dated June 26, 2003

 Exhibit 10.45 
  
 To: Eli Fogel 
  
 Re: Your Employment at DSP Ltd 
  
 We are pleased to offer you a position at DSP Ltd (hereinafter: “the Company”) in accordance with the following Employment Terms: 
  

	1.	Job Description 

  
 Your position at the Company will be Senior V.P & C.T.O. 
  

	2.	Employment Terms 

  

	 	a.	Salary 

  

	 	1.	In consideration for your work at the Company, the Company will pay you the gross sum of NIS 55,000 (fifty five thousand) per month (hereinafter: “the Salary”).

  

	 	2.	The Company will duly withhold tax from your salary, pursuant to the Income Tax Regulations, as well as health tax and National Insurance Institute payments.

  

	 	b.	Directors Insurance 

  

	 	1.	The Company will allocate amounts from your salary for the pension fund or provident fund or Directors Insurance, at your discretion, as specified in Section 2a1 above, according to
the following details: 

  
 8.33% of the salary on
account of severance pay – at the Company’s expense 
  
 5% of the salary on account of benefits – at the Company’s expense 
  
 5% of the salary on account of benefits – at your expense 
  
 Disability Income Insurance – up to 2.5% at the Company’s expense 
  

	 	2.	The company’s allocations for Directors Insurance as stated in sub-section “a” above are in lieu of every other obligation to remit severance pay/pension fund
allocations, etc. 

  

	 	3.	Your agreement to Section “a” exempts the Company from having to obtain the Labor Minister’s approval according to Section 14 of the Severance Pay Law, but should the
need to obtain such permission arise, your signature on this Agreement will empower the Company to act on your behalf in order to obtain said permission. 

	 	4.	If, in the future, the Company is required by law and/or expansion order applicable to the entire economy to allocate sums for an arrangement or comprehensive pension fund, this
allocation will be intended for the fund or the applicable new arrangement, in lieu of the arrangement in this Agreement, and the Company will not be able to withdraw sums on account of the deposits made into the previous arrangement, but rather
subject to the regulations of the fund and/or other appropriate fund. 

  

	 	c.	In-service Training Fund 

  
 During your period of employment at the Company, it will allocate sums to a professional development fund. These allocations will be calculated at the
rate of 7.5% of your salary on the Company’s account and 2.5% of the salary on the employee’s account, without any ceiling. 
  

	 	d.	Vehicle 

  

	 	2.	The Company will provide you with a company vehicle (hereinafter: “the Vehicle”) as of the date of your employment. 

  

	 	3.	The Company will pay all the Vehicle expenses except the car use value fee, which will be deducted from your monthly salary. 

  

	 	e.	Annual Vacation 

  

	 	4.	During your employment period, you will be entitled to an annual vacation of 23 (twenty-three days). You will coordinate the time of your departure for said vacation with your
superior. 

  

	 	5.	Accumulation of vacation days for a duration exceeding the total vacation days due for two contractual years will not be allowed. 

  

	 	f.	Sickness 

  

	 	6.	You are entitled to 30 (thirty) days’ sick leave per year, with the possibility of accumulating 3 (three) years’ sick leave, i.e. 90 (ninety) days.

  

	 	7.	Payment for sick leave will be remitted from the first day against submission of a doctor’s note. 

  

	 	8.	Accumulated sick leave may not be redeemed for cash. 

  

	 	g.	Reserve Duty 

  

	 	9.	Before taking time off for reserve duty, you must notify the Company upon receipt of your reserve duty order. 

  

	 	10.	The salary for the reserve duty period will be paid to you in full, as stated above in this Agreement, subject to submission of an appropriate document verifying your active reserve
duty. 

	 	h.	Your Eligibility for the Company’s Employee Option Plan 

  
 The company’s management will recommend that the DSP Group’s Board of Directors grant you options to acquire 120,000 DSP Group shares, subject
to the terms of the DSP employee stock/option plan. 
  
 In order
to dispel any manner of doubt, it is hereby clarified that, in any case, approval to grant the aforementioned options is subject to approval by the Company’s Board of Directors, as specified in the Company Procedures. 
  

	 	i.	Bonus 

  
 It is customary to allocate bonuses to some Company employees. When management-level discussions are held, your eligibility to receive a bonus will also
be considered. 
  

	3.	The Contractual Period and its Termination 

  

	 	a.	This Agreement is valid as of the day it is signed by the parties to it. The contractual arrangement is for a period that is undetermined in advance. The beginning date of your
employment at the Company has hereby been determined as July 1st, 2003. Initially, you will work in the Company part-time (50%); you will switch to full-time work as soon as possible within the first 90 days of your employment in the Company.

  

	 	b.	Each party will be entitled to terminate the contractual arrangement by informing the other party in writing 2 (two) months in advance. The Company reserves the right to refrain
from exploiting the notification period and/or from terminating your employment immediately. In this case, you will be paid an early notification fee equal to your salary for the aforesaid period, based on your last known salary.

  

	 	c.	The Company will be entitled to terminate your employment without prior notification in the following cases: 

  

	 	d.	You have committed a work-related criminal offense and/or an infamous offense. 

  

	 	e.	You have violated your duty of fidelity to the Company and/or committed an act constituting a conflict of interest. 

  

	 	f.	You have violated your obligation to maintain confidentiality and non-competition as specified below in this Agreement and its appendices. 

  

	 	g.	You have maliciously harmed the Company or caused it damage in consequence of an act of gross negligence. 

	4.	Transfer of Allocations and Severance Pay 

  
 If you are dismissed for a reason other than one of the reasons specified below, the Company will transfer to you all the allocations that you have
accumulated in your name in the Directors Insurance Policy and/or the fund (hereinafter: “the Allocations”). 
  
 The following is a list of the reasons that will negate the transfer of the allocations in your name: 
  

	 	a.	The Company has dismissed you under circumstances entitling it to legally dismiss you without severance pay. 

  

	 	b.	You have violated your fiduciary duty and/or non-competition obligation and/or duty of confidentiality toward the Company, under this Agreement, and without derogating from the
generality of the aforementioned – violation of the Confidentiality and Non-competition Agreement attached as Appendix A to this Agreement and which constitutes an integral part thereof. 

  

	 	c.	You have committed a criminal offense and/or infamous offense. 

  

	 	d.	You have stopped working at the Company without giving the required advance notification specified in Section 3b above. 

  

	 	e.	You have stopped working at the Company without transferring your job, as specified in Section 7 below. 

  
 It is hereby clarified that your transfer from the employment framework of the Company to that of a new company that is
established – if established as part of the Company – and your employment at such a company, will not constitute termination of your employment or your resignation and/or dismissal from the Company, for the purpose of transferring the
various allocations, including severance pay, yet without derogating from the generality of the aforementioned. 
  

	5.	Working Hours 

  

	 	a.	The customary working hours at the Company are 44 hours a week, and the customary weekdays are Sunday through Thursday. 

  

	 	b.	As your position is among those requiring a special degree of personal trust, as defined in the Working Hours and Rest Law, 5711 – 1951, you will not be subject to the
provisions of this law. From time to time, the requirements of your position will necessitate your working beyond the customary hours and on Fridays. In these cases, you will not be paid for overtime. 

  

	6.	The Duty of Fidelity and Avoidance of Conflicts of Interest 

  

	 	a.	You hereby undertake to carry out your job with dedication and fidelity; to use all your skills, knowledge and experience for the Company’s benefit and advancement, at the
highest, most efficient level and as the Company sees fit. In addition, you hereby undertake to act according to the Company’s instructions regarding everything related to the work performance, work arrangements, discipline and conduct put into
effect from time to time. 

	 	b.	Once you begin working full time for the Company specified in Section 3a above, i.e. beginning on July 1st, 2003, you will not work at any other job and/or occupation as a salaried
employee and/or consultant and/or self-employed individual be it directly and/or indirectly, unless you have the Company’s advance written approval to do so. In any case, you will not work in any capacity if said job conflicts with the
Company’s interests. 

  

	 	c.	Throughout the Agreement Period, you will not receive any payment or other benefit from any third party, be it directly or indirectly related to your job. It is hereby clarified
that a violation of this provision constitutes a violation of a fundamental condition of this Agreement, and, in addition, the aforesaid sum or benefit received by you will belong to the Company, which will be entitled to deduct the said sum or the
value of the benefit from all the sums due you from the Company. 

  

	 	d.	You will not carry out any action that constitutes harm to your fidelity to the Company and/or is liable to place you in a position of conflict of interest vis-à-vis the
Company. You hereby undertake to immediately inform the Company of any matter or issue in which you have a personal stake and/or any other action that is liable to place you in the aforesaid position. 

  

	 	e.	Commencement of your employment pursuant to this Agreement is conditional upon your signature on the Confidentiality and non-Competition Agreement attached to this Agreement as
Appendix A, and constitutes an integral part thereof. 

  

	 	f.	You hereby undertake to inform the Company’s CEO of any business opportunity related in any way to the information specified in Appendix A. You undertake to refrain from
designating yourself or any other person for such an opportunity, be it directly or indirectly, unless the CEO has given his advance written approval for same. 

  

	7.	Transferring the Position 

  
 In the case of termination of your job, and/or expiration of this Agreement for any reason whatsoever, you undertake to transfer your position – and
without derogating from the generality of the aforesaid – and all the matters you handle and/or any information whatsoever in your possession and which relates in any way to your job at the Company. Said transfer will be performed in an orderly
and full manner, and include disclosure of any important detail regarding the Company’s dealings. You further undertake to transfer to the Company all the documents, information, material, equipment, and the like, which you have received and/or
prepared in relation to your job at the Company, up to termination of your job at the Company; said transfer will be performed in an orderly and full manner. 

	8.	Declaration of Confidentiality 

  
 You undertake to maintain confidentiality, both during and after your employment at the Company, as specified in the Pledge to Maintain Confidentiality
attached to this Agreement as Appendix A, which constitutes an integral part thereof. 
  

	9.	Patents, Inventions and Trade Secrets 

  

	 	a.	The copyrights on any invention and/or patent and/or trade secret and/or professional secret and/or innovation whatsoever conceived by you and/or by any of the Company’s
employees subordinate to you during your Period of Employment at the Company will be the sole property of the Company. 

  
 The Company will be entitled to protect an aforesaid invention and/or patent and/or trade secret by duly registering same or by performing any other
action, be it in Israel or anywhere else. 
  
 It is hereby
clarified that you will not be entitled to register the invention and/or patent and/or trade secret, or take any action related to them, except actions that are required for registration or exploitation of the aforementioned by or on behalf of the
Company. 
  

	 	b.	You undertake to inform the Company, in writing, of any invention and/or patent and/or trade secret conceived by you and/or by any of the Company’s employees subordinate to
you, once you become aware of same. 

  

	 	c.	The aforesaid in this section is supplementary to Appendix A of this Agreement. 

  
 On the occasion of signing this personal employment contract, we welcome you to the Company and wish you the utmost satisfaction from your
job. 
  
 We hope this will mark the beginning of many years of cooperation between
us for your own personal benefit as well as that of the Company. 
  
 Sincerely yours, 
 Leah Sadeh 
 VP Human Resources 
  
 I have read this letter carefully and hereby consent to its contents. 
  
 I know that the salary conditions I have been offered, and those that will prevail during my employment, are personal, and that this letter constitutes a personal, unique
employment contract that formalizes my relationship with the Company; therefore, I hereby confirm my knowledge of the fact that I will not be subject to the provisions of any other agreements, including collective-bargaining agreements, between the
Company and its employees as long as this Agreement is valid, and I hereby undertake to maintain the confidentiality of said conditions. 
  

			
		
	 /s/ Eli Fogel

	  	 June 26, 2003

	 Signature
	  	 Date

		
	
	  	 
	ID No.	  	 
	 	  	 
	Eli Fogel	  	 
	Name	  	 

 Appendix A to my Employment Agreement with DPS Ltd 
  
 Pledge of Confidentiality 
  

			
	 Whereas
	  	I hereby request to be employed at DPS Ltd (Private Company No. 511354722) (hereinafter: “the Company);
		
	 and whereas
	  	the Company has clarified to me the importance it attaches to the obligations specified in this document below, including everything related to the maintenance of confidentiality and
non-competition (hereinafter: “the Obligations”);
		
	 and whereas
	  	the Company has conditioned my employment at the Company on my pledge to fulfill them;
		
	 and whereas
	  	“company” for the matter of this obligation includes also the American parent company, D.S.P. Group, Inc. (hereinafter: “the American Company”), the subsidiaries of
Voice Com and Voice Pump, and the subsidiary of the American company, RF Sub, Inc.;
		
	 and whereas
	  	I know that the Company took said obligations into account when it determined my salary and eligibility for employee options (hereinafter; “the Employment Terms”)
		
	 and whereas
	  	I have given my full consent to the limitations stemming from the obligations, after having understood their meaning, examined their scope and weighed the consideration for
them;
		
	 and whereas
	  	the Employment Terms agreed to between myself and the Company constitute, from my viewpoint, proper consideration for the obligations;
		
	 and whereas
	  	I hereby take the obligations upon myself;
		
	 and whereas
	  	I hereby undertake to fulfill the obligations that I have assumed;
		
	 and whereas
	  	I know that, on the basis of the aforementioned, the Company has consented to employ me;

  
 therefore, I
hereby declare and undertake the following: 
  

	1.	The preamble to this document constitutes an integral part thereof. 

  

	2.	Confidentiality 

  

	 	2.1	 I hereby undertake to maintain full and total confidentiality regarding everything directly or indirectly related to the Company and its business, including
professional and/or commercial information related to the Company and/or its customers and/or bodies and people with whom the Company deals; inclusive of the aforesaid, I hereby undertake, both 

	 	 
regarding Israel and any other place outside of Israel, not to reveal or make available to others any information whatsoever related to same in any form
whatsoever, be it directly and/or indirectly, except information in the public domain (hereinafter: “the Confidential Information”), and not to use said Confidential Information for my own personal needs or for the purpose of deriving any
benefit for myself – or for others, be it during my employment period at the Company or during any other subsequent period, when the Confidential Information is passed or revealed to me in consequence of my employment or during my aforesaid
employment, be it by the Company, directly or indirectly, through hearing, sight or reading, including from third parties with whom the company deals, as well as when the Confidential Information is the product of an idea or self-development during
my employment period or in consequence of my aforesaid employment, except for the purpose of carrying out my job during my employment period at the Company. 

  
 In this Agreement – the Confidential Information, including technical and commercial know-how and data (whether written
or verbal), drafts, documents (reports, papers and records, assignation requests), descriptions, plans, software, hardware, trade secrets, including information related to the Company’s customers, suppliers and business partners and/or to the
Company’s production or marketing system or which concerns the relations of the Company and/or its associated companies, control, are controlled, or are potentially or actually affiliated with any third parties whatsoever, including customers,
suppliers, banking institutions, governmental institutions, and private, quasi-public or public entities of any type as well as any business, financial, commercial know-how, financial statements and balances before their publication, and any
internal information whatsoever that can affect the value of the Company’s shares, formulae, data, plans, patents, inventions, discoveries, innovations, improvements, research, methods of any kind, progress in scientific, technical, economic,
commercial or other developments, patent application letters, prototypes, samples, pictures, descriptions, blueprints, sketches, sun prints, booklets, models and specification documents, lists, documentation, source and object codes, tapes, discs
and other storage means, letters, records, record booklets, reports and flow charts, as well as information related to the Company’s current business and/or business that the Company is going to conduct (as it will develop and as is described
by the Company in its development plan booklet and business plans or in any other informational material on behalf of the Company) sales reports, short- and long-term policy covering Company-related, products, product features, marketing methods,
customer lists, price lists, discounts, supplier lists, business/commercial/financial contacts, economic calculations, including operating and product costs, and every other thing and matter that contains confidential information or which is liable
to serve as a source of confidential information, including any information of commercial, technical and non-technical value, written and unwritten, data, set of lists, models, specification documents, source and destination codes, processes,
algorithms, computer magnetic tape, discs and other storage means that are tantamount to intellectual property or confidential 

 
material of the Company or of any of its predecessors or of its associated companies, in whole or in part, and particularly including, without limitation,
computer hardware, computer programmer’s plans and applications, price matters marketing information, as well as inventions that are not limited according to the definition of an invention as it is stipulated in the applicable Israeli or US
patent laws, and each improvement or adaptation of the said information was planned, developed or obtained by me or for the Company, directly or indirectly, provided that it is not information and/or an available product that is in the public domain
or can be purchased freely from an independent third party, and everything in relation to any matter related to the Company’s business and/or customers or which stems therefrom or is related in any way whatsoever, provided that is not in the
public domain. 
  

	 	2.2	Without derogating from the generality of the aforesaid in Section 2.1 above, I hereby undertake not to reveal and/or transfer and/or sell – be it for consideration or not for
consideration – and/or to cause the exposure of the Confidential Information, directly or indirectly, and to take all the measures to maintain the confidentiality of the information and prevent said information from reaching any third party
whatsoever, person, body or corporation, other than my superiors at the Company or in accordance with their instructions for the purpose of fulfilling my duty as an employee of the Company. 

  

	 	2.3	I hereby undertake not to make any use of the information, in whole or in part, for my own needs or for other needs, directly or indirectly, other than for the purpose of performing
my tasks as an employee of the Company in accordance with the instructions given by my superiors, and not to make copies of the information in any manner whatsoever or in any form whatsoever, except in accordance with instructions given by the
Company or by anyone authorized to do so on its behalf. 

  

	 	2.4	I hereby undertake not to take any materials whatsoever that relate to information or products, or any equipment from the Company without obtaining the advance express written
consent of: (1) the Company’s president or CEO, or (2) a person who has been authorized to do so, in writing, by the Company’s president or CEO. 

  

	 	2.5	I know that my failure to safeguard any confidential information and/or my performance of an act construed as jeopardizing the security of the Confidential Information will, for the
matter of this document, be tantamount to passing on the Confidential Information without the Company’s consent, as stated above. 

  

	 	2.6	Without derogating from the statements above and below, I know that I do not, and will not, have any proprietary rights in the Confidential Information defined in this document.

  

	 	2.6.1	 I hereby undertake to inform the Company and/or those who come in its stead and/or its assignees of any inventions revealed 

	 	 
to me during my Employment Period at the Company and/or in consequence of my work at the Company, and are related to the Company’s business and/or to
the information, and I hereby assign every interest I have, or will have, in said inventions for the benefit of the Company and/or those who come in its stead and/or its assignees, without receiving any additional consideration for said assignation,
provided that I will not be required to bear any expenses whatsoever for the aforesaid assignation. 

  
 If I create an invention that is registered as a patent either during my Employment Period at the Company or in consequence of my work at the Company,
the Company will register my name on the patent documents as the inventor, provided that the Company is convinced beyond all doubt that the invention was indeed created by me, and that said registration does not constitute an infringement upon the
proprietary and/or other rights of the Company and/or those who come in its stead and/or its assignees, in said invention and/or patent specified above. 
  

	 	2.6.2	I hereby undertake that, as long as I am required to do so, including during the period following termination of my employment for any reason whatsoever, I will sign every document
that the Company deems necessary for the submission of an application for a patent or copyrights in accordance with the laws of Israel, the US and/or any foreign country in order to protect the Company’s interest in the aforesaid invention.

  

	 	2.6.3	I hereby declare that, apart from the contents of Section 2.6.4 below, I possess no interest in any patent or patent application whatsoever, and not even in material subject to the
copyrights, patents and patent applications currently belonging to me. 

  

	 	2.6.4	Existing patents and/or pending patent applications, and/or research activities at the stage of patent registration submission: 

  
 US 60/404,931, CELLULAR HOME BASE 
  

	 	2.7	I know that disclosure of the information and/or any part thereof to any third party whatsoever is liable to cause the Company severe damage, and I hereby undertake that I will not,
in any way, perform an action involving a transfer and/or sale of the information and/or the products developed by the Company and/or existing products and/or which have been developed either by myself, in cooperation with others – including
customers of the Company – or in cooperation with any third party whatsoever, to customers of the Company or to others. 

	 	2.8	I declare my understanding that the nature of the Company’s business is such that, by entering into contractual arrangements with third parties, it undertakes and/or is likely
to undertake confidentiality obligations that also apply to its employees, and non-fulfillment of the aforesaid obligations will constitute, among other things, a contract violation between the Company and the third party. I hereby undertake,
therefore, to fulfill all said obligations as stipulated between the Company and the third party, as stated above. 

  

	 	2.9	I hereby undertake not to directly or indirectly damage the Company’s reputation of and/or its status among its actual and potential customers. 

  
 I hereby undertake to safeguard the confidentiality of information related
to all the financial aspects of the Company’s activity, including relations with banking institutions and the customs and tax authorities, and the Company’s liabilities and rights vis-à-vis third parties. Furthermore, I will
safeguard the confidentiality of the information that comes into my hands and is related to entities such as the investment center, the Chief Scientist, the Company’s accountants and legal advisors, and the like. 
  

	 	2.10	In order to dispel any manner of doubt, it is hereby stressed that my obligations as stated above will be in effect both during my Employment Period at the Company and following
termination of my employment at the Company for any reason whatsoever, and will also obligate my legal representatives, without time limitations. 

  

	 	2.11	I hereby agree that each document I have prepared and/or information I have obtained for the purpose of performing my job at the Company and/or work during my Employment Period at
the Company is the Company’s property that will be transferred to the Company immediately following my employment as specified below. Furthermore, I hereby undertake to return to the Company all information – be it in written or any other
form – that is or will be in my possession at any time, and I will do so immediately following conclusion of my employment for any reason whatsoever, or immediately on demand by the Company at any time. 

  

	3.	I again hereby declare that I know that that the obligations in this document are especially important to the Company and constituted a precondition to my employment and were taken
into account when the Company determined the Employment Terms, and that I fully consented to the limitations stemming therefrom after having understood their meaning, examined their scope, and weighed the consideration for them; therefore, I know
that any violation of the obligations I have taken upon myself will grant the Company all the legal rights and remedies. 

  

			
		
	 June 26, 2003

 Date
	  	 /s/ Eli Fogel

 Employee’s SignatureLease Agreement dated April 15, 2004

 Exhibit 10.46 
  
 STANDARD FORM LEASE 
  
 1. Basic Provisions 
  
 1.1 Parties: This Lease, executed in duplicate at Cupertino, California, on April 15, 2004, by and between Mission West Properties, L.P. I,
a Delaware limited partnership, and DSP Group, Inc., a Delaware Corporation, hereinafter called respectively Lessor and Lessee, without regard to number or gender. 
  
 1.2 Letting: Lessor hereby leases to Lessee, and Lessee hires from Lessor, the Premises, for the term, at the rental
and upon all the terms and conditions set forth herein. 
  
 1.3
Use: Lessee may use the Premises for the purpose of conducting therein office, research and development, light manufacturing, and warehouse activities, and any other legal activity. 
  
 1.4 Project: The real property with appurtenances as shown on Exhibit A (the “Project”) situated in the
City of Santa Clara, County of Santa Clara, State of California, and more particularly described as follows: 
  
 The Premises are a 12,000 square feet portion of a 75,000 square foot building (the “Building”), including all improvements thereto as shown on
Exhibit A.1 and including the right to use up to 42 unreserved parking spaces and the Common Area. The address for the Premises is 3120 Scott Boulevard, Suite         , Santa Clara,
California. Lessee’s pro-rata share of the Building is 16% (Square footage of Premises/Square footage of Building). 
  
 1.5 Term: The term shall be for Sixty (60) months unless extended pursuant to Section 35 of this Lease (the “Lease Term”), commencing on
the Commencement Date as defined in Section 1.11 and ending Sixty (60) months thereafter. 
  
 1.6 Rent: Rent shall be payable in monthly installments as follows: 
  

											
	 	  	Base Rent

	  	 Estimated
 CAC/Utilities**

	 	 	Total Rent

	 Months 1* through 24
	  	$	8,100.00	  	$	6,120.00	**	 	$	14,220.00
	 Months 25 through 36
	  	$	8,550.00	  	$	6,120.00	**	 	$	14,670.00
	 Months 37 through 48
	  	$	10,000.00	  	$	6,120.00	**	 	$	16,120.00
	 Months 49 through 60
	  	$	10,500.00	  	$	6,120.00	**	 	$	16,620.00

	*	For purposes of the foregoing, “Month 1” is the first full lease month after the Commencement Date. If the Commencement Date is not the first day of a month, then the
first month shall be a partial month (prorated), and shall be added to the Lease Term. Total monthly Rent for the partial month shall be ($473.33) per day. Month 1 shall commence on the first day of the first full month of the Lease Term.

	**	Estimated CAC/Utility charges to be adjusted in accordance with Section 1, 8 and 12 below. 

  
 Base rent and Estimated CAC/Utility as scheduled above shall be payable in advance on or before the first day of each calendar month during
the Lease Term. The term “Rent,” as used herein, shall be deemed to be and to mean the base monthly rent and all other sums required to be paid by Lessee pursuant to the terms of this Lease. Rent shall be paid in 

 
lawful money of the United States of America, without offset or deduction, and shall be paid to Lessor at such place or places as may be designated from time
to time by Lessor. Rent for any period less than a calendar month shall be a pro rata portion of the monthly installment. Upon execution of this Lease, Lessee shall deposit with Lessor the first month’s rent, including estimated CAC and
Security Deposit. 
  
 1.7 Security Deposit: Lessee shall
deposit with Lessor the sum of Fourteen Thousand Two Hundred Dollars ($14,200) (the “Security Deposit”). The Security Deposit shall be held by Lessor as security for the faithful performance by Lessee of all of the terms, covenants, and
conditions of this Lease applicable to Lessee. If Lessee commits a default as provided for herein, including but not limited to a default with respect to the provisions contained herein relating to the condition of the Premises, Lessor may (but
shall not be required to) use, apply or retain all or any part of the Security Deposit for the payment of any amount which Lessor may spend by reason of default by Lessee. If any portion of the Security Deposit is so used or applied, Lessee shall,
within ten days after written demand therefor, deposit cash with Lessor in an amount sufficient to restore the Security Deposit to its original amount. Lessee’s failure to do so shall be a default by Lessee. Any attempt by Lessee to transfer or
encumber its interest in the Security Deposit shall be null and void. 
  
 1.8 Common Area Charges: Lessee shall pay to Lessor, as additional Rent, an amount equal to Lessee’s pro-rata share or other equitable share of the total common area charges of the Premises as defined below (the common area
charges for the Premises is referred to herein as (“CAC”)). Lessee shall pay to Lessor as Rent, on or before the first day of each calendar month during the Lease Term, subject to adjustment and reconciliation as provided herein below, the
sum of Six Thousand One Hundred Twenty ($6,120), said sum representing Lessee’s estimated monthly payment based on 16 percent share of CAC and includes a fixed monthly sum of Three Thousand Five Hundred Dollars ($3,500.00 ) which represents
utilities. It is understood and agreed that Lessee’s obligation under this paragraph shall be prorated to reflect the Commencement Date and the end of the Lease Term. Notwithstanding any other provision of this Section 1.8, it is agreed that
Lessee’s CAC cost, excluding Utility Costs which will be based Lease terms, during the term of this Lease will not increase by more than $360.00 per month for any reason, except as a result of the willful violation of Lease by Lessee or
Lessee’s Agents 
  
 Lessee’s estimated monthly payment of CAC payable by
Lessee during the calendar year in which the Lease commences is set forth above. At or prior to the commencement of each succeeding calendar year term (or as soon as practical thereafter), Lessor shall provide Lessee with Lessee’s estimated
monthly payment for CAC which Lessee shall pay to Lessor as Rent. Within 120 days of the end of the calendar year and the end of the Lease Term, Lessor shall provide Lessee a statement of actual CAC incurred including capital reserves for the
preceding year or other applicable period in the case of a termination year. If such statement shows that Lessee has paid less than its actual percentage, then Lessee shall on demand pay to Lessor the amount of such deficiency. If such statement
shows that Lessee has paid more than its actual percentage, then Lessor shall, at its option, promptly refund such excess to Lessee or credit the amount thereof to the Rent next becoming due from Lessee. Lessor reserves the right to revise any
estimate of CAC if the actual or projected CAC show an increase or decrease in excess of 10% from an earlier estimate for the same period. In such event, Lessor shall provide a revised estimate to Lessee, together with an explanation of the reasons
therefor, and Lessee shall revise its monthly payments accordingly. Lessor’s and Lessee’s obligation with respect to adjustments at the end of the Lease Term or earlier expiration of this Lease shall survive the Lease Term or earlier
expiration. 
  
 As used in this Lease, CAC shall include but is not limited to:
(i) items as specified in Sections 5(b), 6, 12, 16 and 31; (ii) all costs and expenses including but not limited to supplies, materials, equipment and tools used or required in connection with the operation and maintenance of the Premises, Building
and Common Area; 

 
(iii) licenses, permits and inspection fees; (iv) all other costs incurred by Lessor in maintaining and operating the Premises, Building and Common Area;;
and (v) an amount equal to two percent (2%) of the base rent and CAC, as compensation for Lessor’s accounting and management services. Lessee shall have the right to review the basis and computation analysis used to derive the CAC applicable to
this Lease annually. 
  
 1.9 Late Charges: Lessee
hereby acknowledges that a late payment made by Lessee to Lessor of Rent and other sums due hereunder will cause Lessor to incur costs not contemplated by this Lease, the exact amount of which will be extremely difficult to ascertain. Such costs
include, but are not limited to, processing and accounting charges, and late charges, which may be imposed on Lessor according to the terms of any mortgage or trust deed covering the Premises. Accordingly, if any installment of base monthly rent or
monthly estimate of CAC is not received by Lessor or Lessor’s designee within five (5) days after such amount is due or if any other Rent or other sum payable to Lessor is not received by Lessor or Lessor’s designee within ten (10) days
after Lessor delivers a written notice to Lessee, Lessee shall pay to Lessor a late charge equal to five percent (5%) of such overdue amount. The parties hereby agree that such late charge represents a fair and reasonable estimate of the costs
Lessor will incur by reason of late payments made by Lessee. Acceptance of such late charges by Lessor shall in no event constitute a waiver of Lessee’s default with respect to such overdue amount, nor shall it prevent Lessor from exercising
any of the other rights and remedies granted hereunder. 
  
 1.10 Quiet Enjoyment: Lessor covenants and agrees with Lessee that upon Lessee paying Rent and performing its covenants and conditions under this Lease, Lessee shall and may peaceably and quietly have, hold and enjoy the Premises for
the Lease Term, subject, however, to the rights reserved by Lessor hereunder. 
  
 1.11 Possession: Possession shall be deemed tendered and the term shall commence on April 1, 2004 (the “Commencement Date”). 
  
 1.12 Common Area: Subject to the terms and conditions of this Lease and such rules and regulations as Lessor
may from time to time prescribe, Lessee and Lessee’s Agents shall, in common with other occupants of the Project have the non-exclusive right to use the access roads, parking areas, and facilities provided and designated by Lessor for general
use and convenience of the occupants of the Project are referred to as “Common Area” The right to use the Common Area shall terminate upon Lease Termination. Lessor further reserves the right from time to time to make changes in the shape,
size, location, amount and extent of Common Area and to make rules and regulations relating to the use of Common Area which may be amend without advance notice by providing Lessee with a copy of such amendments. Lessee shall abide by such rules and
regulations and cooperate in their observance. Lessee shall not at any time park or permit parking of any vehicle in a way that will interfere with the use of the Common Area. Lessor shall operate, maintain, and manage the Common Area including, but
not limited to, landscaping, repair of paving, and sidewalks at sole discretion of Lessor and each Lessee shall pay to Lessor their share as additional rent. The areas initially designated by Lessor as Common Area shall include the lobby or a
portion thereof if divided, the elevator, the underground parking and all areas of the Project other than the Building except as set forth in this sentence. 
  
 2. Lessee Improvements 
  
 2.1 Acceptance Of Premises And Covenants To Surrender: Lessee accepts the Premises in an “AS IS” condition and “AS IS” state of
repair. Lessee agrees on the last day of the Lease Term, or on the sooner termination of this Lease, to surrender the Premises to Lessor in Good Condition and Repair. “Good Condition and Repair” shall generally mean that the Premises are
in the condition that one would expect the Premises to be in, if throughout the Lease Term Lessee (i) uses and maintains the Premises in a commercially reasonable manner and in an 

 
accordance with the requirements of this Lease and (ii) makes all Required Replacements. “Required Replacements” are the replacements of items that
are the obligation of Lessee to maintain pursuant to Section 5(a) below. All of the following shall be in Good Condition and Repair: (i) the interior walls and floors of all offices and other interior areas, (ii) all suspended ceilings and any
carpeting shall be clean and in good condition, (iii) all glazing, windows, doors and door closures, plate glass, and (iv) all electrical systems including light fixtures and ballasts, plumbing, and temperature control systems. Lessee, on or before
the end of the Lease Term or sooner termination of this Lease, shall remove all its personal property and trade fixtures from the Premises, and all such property not so removed shall be treated in accordance with Section 1980 of the California Civil
Code. If the Premises are not surrendered at the end of the Lease Term or earlier termination of this Lease, Lessee shall indemnify Lessor against loss or liability resulting from any delay caused by Lessee in surrendering the Premises including,
without limitation, any claims made by any succeeding Lessee founded on such delay. 
  
 3. Uses Prohibited: Lessee shall not commit, or suffer to be committed, any waste upon the Premises, or any nuisance, or other act or thing which may disturb the quiet enjoyment of any other tenant in or around the buildings in which
the subject Premises are located or allow any sale by auction upon the Premises, or allow the Premises to be used for any improper, immoral, unlawful or objectionable purpose, or place any loads upon the floor, walls, or ceiling which may endanger
the structure, or use any machinery or apparatus which will in any manner vibrate or shake the Premises or the building of which it is a part, or place any harmful liquids in the drainage system of the building. No waste materials or refuse shall be
dumped upon or permitted to remain upon any part of the Premises outside of the building proper. No materials, supplies, equipment, finished products or semi-finished products, raw materials or articles of any nature shall be stored upon or
permitted to remain on any portion of the Premises outside of the building structure, unless approved by the local, state federal or other applicable governing authority. Lessor consents to Lessee’s use of materials which are incidental to
Lessee’s permitted use as set forth in Section 1.3 above, such as copier fluids, cleaning materials, etc., but this does not relieve Lessee of any of its obligations not to contaminate the Premises and related real property or violate any
Hazardous Materials Laws. 
  
 4. Alterations And Additions: Lessee shall
not make, or suffer to be made, any alteration or addition to said Premises, or any part thereof, without the express, advance written consent of Lessor; any addition or alteration to said Premises, except movable furniture and trade fixtures, shall
become at once a part of the realty and belong to Lessor at the end of the Lease Term or earlier termination of this Lease. Alterations and additions which are not deemed as trade fixtures shall include HVAC systems, lighting systems, electrical
systems, partitioning, carpeting, or any other installation which has become an integral part of the Premises. Lessee agrees that it will not proceed to make such alterations or additions until all required government permits have been obtained and
after having obtained consent from Lessor to do so, until five (5) days from the receipt of such consent, so that Lessor may post appropriate notices to avoid any liability to contractors or material suppliers for payment for Lessee’s
improvements. Lessee shall at all times permit such notices to be posted and to remain posted until the completion of work. At the end of the Lease Term or earlier termination of this Lease, Lessee shall remove and shall be required to remove its
special tenant improvements, all related equipment, and any additions or alterations installed by Lessee at or during the Lease Term and Lessee shall return the Premises to the condition that existed before the installation of the tenant
improvements. Notwithstanding the above, Lessor agrees to allow any reasonable alterations and improvements and will use its best efforts to notify Lessee at the time of approval if such improvements or alterations are to be removed at the end of
the Lease Term or earlier termination of this Lease. 
  
 Lessor
hereby approves the installation by Lessee of a stand alone HVAC system to be installed in, and to exclusively service, the server room which is part of the Premises (the “Server Room HVAC”). As part of such installation, Lessee shall
cause the Building HVAC systems to no longer service the server room. Notwithstanding 

 
anything in this Lease to the contrary, the Server Room HVAC shall remain the personal property of Lessee and may be removed upon the expiration or earlier
termination of this Lease provided the area is properly restored per terms of Lease. 
  
 5. Maintenance Of Premises: 
  
 (a) Lessee shall
at its sole cost and expense keep, repair, and maintain the interior of the Premises in Good Condition and Repair, including, but not limited to, the interior walls and floors of all offices and other interior areas, doors and door closures, all
light bulbs or tubes and ballasts and first floor toilet stoppages, including any Required Replacements. Lessee shall provide its own janitorial service for its Premises and Lessee shall also provide janitorial service for the first floor restrooms.
In the event any other party occupies a portion of the Building that uses the first floor restrooms the Lessor shall provide in such occupancy agreements that such party shall be responsible for its pro-rata share of janitorial service for the first
floor restrooms and shall remit the same to Lessee. 
  
 (b)
Lessor shall, at as part of Rent as set forth in Section 1.8 keep, repair, and maintain in Good Condition and Repair including replacements, the following: 
  
 1. The exterior of the Building, and Common Area any appurtenances and every part thereof, including but not limited to, glazing, sidewalks, parking
areas, electrical systems, and painting of exterior walls. 
  
 2.
The HVAC (including the Server Room HVAC) by a service contract with a licensed air conditioning and heating contractor which contract shall provide for a minimum of quarterly maintenance of all air conditioning and heating equipment at the Premises
including HVAC repairs or replacements which are either excluded from such service contract or any existing equipment warranties. Lessee shall be responsible for service calls on the HVAC systems. 
  
 3. The landscaping by a landscape contractor to water, maintain, trim and
replace, when necessary, any shrubbery, irrigation parts, and landscaping at the Premises. 
  
 4. The roof membrane by a service contract with a licensed reputable roofing contractor which contract shall provide for a minimum of semi-annual maintenance, cleaning of storm gutters, drains, removing of debris, and
trimming overhanging trees, repair of the roof and application of a finish coat every five years to the building at the Premises. 
  
 5. Elevator maintenance contract. 
  
 6. Fire monitoring services. 
  
 7. Parking lot sweeping. 
  
 8. Annual exterior window washing. 
  
 9. The repair of structural portions of the Building, except as a result of Destruction as set forth in Section 19. 
  
 (c) Lessee hereby waives any and all rights to make repairs at the expense
of Lessor as provided in Section 1942 of the Civil Code of the State of California, and all rights provided for by Section 1941 of said Civil Code. 
  
 6. Insurance: 
  
 A) Hazard Insurance: Lessee shall not use, or permit said Premises, or any part thereof, to be used, for any purpose other than
that for which the Premises are hereby leased; and no use shall be made or permitted to be 

 
made of the Premises, nor acts done, which may cause a cancellation of any insurance policy covering the Premises, or any part thereof, nor shall Lessee sell
or permit to be kept, used or sold, in or about said Premises, any article which may be prohibited by a fire and extended coverage insurance policy. Lessee shall comply with any and all requirements, pertaining to said Premises, of any insurance
organization or company, necessary for the maintenance of reasonable fire and extended coverage insurance, covering the Premises Lessor shall, at Lessor’s sole cost and expense, purchase and keep in force fire and extended coverage insurance,
covering loss or damage to the Premises in an amount equal to the full replacement cost of the Premises, as determined by Lessor, with proceeds payable to Lessor. In the event of a loss per the insurance provisions of this paragraph, Lessee shall
pay it pro-rata share or equitable share of the $10,000.00 deductible per occurrence. Lessee acknowledges that the insurance referenced in this paragraph does not include coverage for Lessee’s personal property. 
  
 B) Loss of Rents Insurance: Lessor shall, at
Lessor’s sole cost and expense, purchase and maintain in full force and effect, a policy of rental loss insurance, in an amount equal to the amount of Rent payable by Lessee commencing within sixty (60) days of the date of the loss or on the
date of loss if reasonably available for the next ensuing one (1) year, as reasonably determined by Lessor with proceeds payable to Lessor (“Loss of Rents Insurance”). 
  
 C) Liability and Property Damage Insurance: Lessee, as a material part of the consideration to be
rendered to Lessor, hereby waives all claims against Lessor and Lessor’s Agents for damages to goods, wares and merchandise, and all other personal property in, upon, or about the Premises, and for injuries to persons in, upon, or about the
Premises, from any cause arising at any time, and Lessee will hold Lessor and Lessor’s Agents exempt and harmless from any damage or injury to any person, or to the goods, wares, and merchandise and all other personal property of any person,
arising from the use or occupancy of the Premises by Lessee, or from the failure of Lessee to keep the Premises in Good Condition and Repair, as herein provided. Lessee shall, at Lessee’s sole cost and expense, purchase and keep in force a
standard policy of commercial general liability insurance and property damage policy covering the Premises and all related areas insuring the Lessee having a combined single limit for both bodily injury, death and property damage in an amount not
less than two million dollars ($2,000,000.00) and Lessee’s insurance shall be primary. The limits of said insurance shall not, however, limit the liability of Lessee hereunder. Lessee shall, at its sole cost and expense, comply with all of the
insurance requirements of all local, municipal, state and federal authorities now in force, or which may hereafter be in force, pertaining to Lessee’s use and occupancy of the said Premises. 
  
 D) Personal Property Insurance: Lessee shall obtain,
at Lessee’s sole cost and expense, a policy of fire and extended coverage insurance including coverage for direct physical loss special form, and a sprinkler leakage endorsement insuring the personal property of Lessee. The proceeds from any
personal property damage policy shall be payable to Lessee. 
  
 All insurance
policies required in 6 C) and 6 D) above shall: (i) provide for a certificate of insurance evidencing the insurance required herein, being deposited with Lessor prior to the Commencement Date, and upon each renewal, such certificates shall be
provided 30 days prior to the expiration date of such coverage, (ii) be in a form reasonably satisfactory to Lessor and shall provide the coverage required by Lessee in this Lease, (iii) be carried with companies with a Best Rating of A minimum,
(iv) specifically provide that such policies shall not be subject to cancellation, reduction of coverage or other change except after 30 days prior written notice to Lessor, (v) name Lessor, Lessor’s lender, and any other party with an
insurable interest in the Premises as additional insureds by endorsement to policy, and (vi) shall be primary. 

 Lessor and Lessee hereby waive any rights each may have against the other related to any loss or damage caused to Lessor
or Lessee as the case may be, or to the Premises or its contents, and which may arise from any risk covered by fire and extended coverage insurance and those risks required to be covered under Lessee’s personal property insurance. The parties
shall provide that their respective insurance policies insuring the property or the personal property include a waiver of any right of subrogation which said insurance company may have against Lessor or Lessee, as the case may be. 
  
 7. Abandonment: Lessee shall not abandon the Premises at any time during the Lease
Term; and if Lessee shall abandon or surrender said Premises, or be dispossessed by process of law, or otherwise, any personal property belonging to Lessee and left on the Premises shall be treated in accordance with Section 1980 of the California
Civil Code. Notwithstanding the above, the Premises shall not be considered abandoned if Lessee maintains the Premises in Good Condition and Repair, provides security as is reasonably required under the circumstances and is not in default.

  
 8. Free From Liens: Lessee shall keep the subject Premises and the
property in which the subject Premises are situated, free from any and all liens including but not limited to liens arising out of any work performed, materials furnished, or obligations incurred by Lessee. However, the Lessor shall allow Lessee to
contest a lien claim, so long as the claim is discharged prior to any foreclosure proceeding being initiated against the property and provided Lessee provides Lessor a bond if the lien exceeds $5,000. 
  
 9. Compliance With Governmental Regulations: Lessee shall, at its sole cost and
expense, comply with all of the requirements of all local, municipal, state and federal authorities now in force, or which may hereafter be in force, pertaining to the Premises, and shall faithfully observe in the use and occupancy of the Premises
all local and municipal ordinances and state and federal statutes now in force or which may hereafter be in force. Notwithstanding the foregoing, Lessee shall not have any obligation to correct any violation of local and municipal ordinances or
state and federal statutes that exist as of the Commencement Date, except to the extent required as a result of Lessee’s specific use of the Premises or as a result of any other alterations to the Premises made by Lessee. 
  
 10. Intentionally Omitted. 
  
 11. Advertisements And Signs: Lessee shall have the right to its pro rata
share of any exterior signage permitted by applicable government authorities. Lessee shall not place or permit to be placed, in, upon or about the Premises any unusual or extraordinary signs, or any signs not approved by the city, local, state,
federal or other applicable governing authority. Lessee shall not place, or permit to be placed upon the Premises, any signs, advertisements or notices without the written consent of the Lessor, and such consent shall not be unreasonably withheld. A
sign so placed on the Premises shall be so placed upon the understanding and agreement that Lessee will remove same at the end of the Lease Term or earlier termination of this Lease and repair any damage or injury to the Premises caused thereby, and
if not so removed by Lessee, then Lessor may have the same removed at Lessee’s expense. 
  
 12. Utilities: 
  
 12.1
Lessor has made available to the Project from the providing agency a reasonable amount of water, gas, heat, light, and power (“Utility Costs”) to meet the needs of the typical office user operating from 8 am to 6 pm, Monday thru
Friday. (“Normal Usage”) Lessee shall be responsible for it pro-rata share or equitable usage and pay as additional rent any Utility Costs which exceed Normal Usage after the occupancy by another tenant. Lessee shall pay all Utility Costs
while the Building is not occupied by another tenant. Lessee shall contract directly and pay for all telephone or any other utilities supplied to the Premises. 

 12.2 Notwithstanding the provisions of 12.1 or 1.6 above, the Estimated CAC/Utilities shall be
adjusted as follows. Once the installation and normal operation of the Server Room HVAC has been completed and Lessee has reconfigured the Building HVAC so as to not service the server room, Lessor shall set the Building HVAC timers to operate only
for Normal Usage for three full monthly billing cycles. Within ten (10) business days thereafter, Lessor shall take the average of such three monthly billings and multiply such average by One Hundred Ten Percent (110%) (the “Electricity Base
Amount”). In the event the Electricity Base Amount exceeds $3,500, then the Estimated CAC/Utilities payable by Lessee pursuant to Section 1.8 above shall be increased by such amount, retroactive to the beginning of the Lease Term. In the event
Electricity Base Amount is less than $3,500, then the Estimated CAC/Utilities payable by Lessee pursuant to Section 1.8 above shall be decreased by such amount, retroactive to the beginning of the Lease Term. In the event any sums are payable as a
result of the adjustments to the Estimated CAC/Utilities as contemplated by this Section 12.2, then such amounts shall be payable within 14 calendar days of determination. Lessor shall provide copies of all electricity bills to Lessee following ten
(10) days prior written request. 
  
 12.3 Lessor and Lessee
agree that Lessor shall not be liable to Lessee for any disruption in any of the utility services to the Premises; provided however, that if an interruption or cessation of the utility services results from Lessor’s breach of this Lease or the
sole negligence or willful misconduct of Lessor, or Lessor’s Agents and the Premises are not usable by Tenant for the conduct of Tenant’s business as a result thereof, Rent shall be abated for the period that commences five (5) business
days after the date Lessee gives to Lessor notice of such interruption until such utilities are restored. 
  
 13. Attorney’s Fees: In case suit should be brought for the possession of the Premises, for the recovery of any sum due hereunder, because of the breach of any other covenant herein, or to enforce,
protect, or establish any term, conditions, or covenant of this Lease or the right of either party hereunder, the losing party shall pay to the Prevailing Party reasonable attorney’s fees which shall be deemed to have accrued on the
commencement of such action and shall be enforceable whether or not such action is prosecuted to judgment. The term “Prevailing Party” shall mean the party that received substantially the relief requested, whether by settlement, dismissal,
summary judgment, judgment, or otherwise. 
  
 14. Default 
  
 14.1 Lessee Default: The occurrence of any of the following shall
constitute a default and breach of this Lease by Lessee: a) Any failure by Lessee to pay Rent or to make any other payment due under this Lease where such failure continues for three days after written notice thereof by Lessor to Lessee; b) The
abandonment of the Premises by Lessee except as provided in Section 7; c) A failure by Lessee to observe and perform any other provision of this Lease to be observed or performed by Lessee, where such failure continues for thirty days after written
notice thereof by Lessor to Lessee; provided, however, that if the nature of such default is such that the same cannot be reasonably cured within such thirty (30) day period, Lessee shall not be deemed to be in default if Lessee shall, within such
period, commence such cure and thereafter diligently prosecute the same to completion; d) The making by Lessee of any general assignment for the benefit of creditors; the filing by or against Lessee of a petition to have Lessee adjudged a bankrupt
or of a petition for reorganization or arrangement under any law relating to bankruptcy, where the same is not discharged within 90 days; e) the appointment of a trustee or receiver to take possession of substantially all of Lessee’s assets or
Lessee’s interest in this Lease, or the attachment, execution or other judicial seizure of substantially all of Lessee’s assets located at the Premises or of Lessee’s interest in this Lease, where the same is not discharged within 90
days. 

 14.2 Surrender Of Lease: In the event of any such default by Lessee, then in addition to any other
remedies available to Lessor at law or in equity, Lessor shall have the immediate option to terminate this Lease before the end of the Lease Term and all rights of Lessee hereunder, by giving written notice of such intention to terminate. In the
event that Lessor terminates this Lease due to a default of Lessee, then Lessor may recover from Lessee: a) the worth at the time of award of any unpaid Rent which had been earned at the time of such termination; plus b) the worth at the time of
award of unpaid Rent which would have been earned after termination until the time of award exceeding the amount of such rental loss that the Lessee proves could have been reasonably avoided; plus c) the worth at the time of award of the amount by
which the unpaid Rent for the balance of the Lease Term after the time of award exceeds the amount of such rental loss that the Lessee proves could have been reasonably avoided; plus d) any other amount necessary to compensate Lessor for all the
detriment proximately caused by Lessee’s failure to perform his obligations under this Lease or which in the ordinary course of things would be likely to result therefrom; and e) at Lessor’s election, such other amounts in addition to or
in lieu of the foregoing as may be permitted from time to time by applicable California law. As used in (a) and (b) above, the “worth at the time of award” is computed by allowing interest at the rate of Wells Fargo’s prime rate plus
two percent (2%) per annum. As used in (c) above, the “worth at the time of award” is computed by discounting such amount at the discount rate of the Federal Reserve Bank of San Francisco at the time of award plus one percent (1%).

  
 14.3 Right of Entry and Removal: In the event of any
such default by Lessee, Lessor shall also have the right, with or without terminating this Lease, to re-enter the Premises and remove all persons and property from the Premises; such property may be removed and stored in a public warehouse or
elsewhere at the cost of and for the account of Lessee. 
  
 14.4 Abandonment: In the event of the abandonment, except as provided in Section 7, of the Premises by Lessee or in the event that Lessor shall elect to re-enter as provided in paragraph 14.3 above or shall take possession of the
Premises pursuant to legal proceeding or pursuant to any notice provided by law, and Lessor does not elect to terminate this Lease as provided in Section 14.2 above, then Lessor may from time to time, without terminating this Lease, either recover
all Rent as it becomes due or relet the Premises or any part thereof for such term or terms and at such rental rates and upon such other terms and conditions as Lessor, in its sole discretion, may deem advisable with the right to make alterations
and repairs to the Premises. In the event that Lessor elects to relet the Premises, then Rent received by Lessor from such reletting shall be applied; first, to the payment of any indebtedness other than Rent due hereunder from Lessee to Lessor;
second, to the payment of any cost of such reletting; third, to the payment of the cost of any alterations and repairs to the Premises; fourth, to the payment of Rent due and unpaid hereunder; and the residue, if any, shall be held by Lessor and
applied to the payment of future Rent as the same may become due and payable hereunder. Should that portion of such Rent received from such reletting during any month, which is applied by the payment of Rent hereunder according to the application
procedure outlined above, be less than the Rent payable during that month by Lessee hereunder, then Lessee shall pay such deficiency to Lessor immediately upon demand therefor by Lessor. Such deficiency shall be calculated and paid monthly. Lessee
shall also pay to Lessor, as soon as ascertained, any costs and expenses incurred by Lessor in such reletting or in making such alterations and repairs not covered by the rentals received from such reletting. 
  
 14.5 No Implied Termination: No re-entry or taking possession of the
Premises by Lessor pursuant to Section 14.3 or Section 14.4 of this Lease shall be construed as an election to terminate this Lease unless a written notice of such intention is given to Lessee or unless the termination thereof is decreed by a court
of competent jurisdiction. Notwithstanding any reletting without termination by Lessor because of any default by Lessee, Lessor may at any time after such reletting elect to terminate this Lease for any such default. 

 15. Surrender Of Lease: The voluntary or other surrender of this Lease by Lessee, or a mutual cancellation
thereof, shall not work a merger, and shall, at the option of Lessor, terminate all or any existing subleases or sub tenancies, or may, at the option of Lessor, operate as an assignment to him of any or all such subleases or sub tenancies.

  
 16. Taxes: Lessor shall pay and discharge punctually and when the same
shall become due and payable without penalty, all real estate taxes, taxes based on vehicles utilizing parking areas in the Project, taxes computed or based on rental income (other than federal, state and municipal net income taxes), environmental
surcharges, privilege taxes, excise taxes, business and occupation taxes, school fees or surcharges, gross receipts taxes, sales and/or use taxes, employee taxes, occupational license taxes, water and sewer taxes, assessments (including, but not
limited to, assessments for public improvements or benefit), assessments for local improvement and maintenance districts, and all other governmental impositions and charges of every kind and nature whatsoever, regardless of whether now customary or
within the contemplation of the parties hereto and regardless of whether resulting from increased rate and/or valuation, or whether extraordinary or ordinary, general or special, unforeseen or foreseen, or similar or dissimilar to any of the
foregoing (all of the foregoing being hereinafter collectively called “Tax” or “Taxes”) which, at any time during the Lease Term, shall be applicable or against the Project, or shall become due and payable and a lien or charge
upon the Project under or by virtue of any present or future laws, statutes, ordinances, regulations, or other requirements of any governmental authority whatsoever. The term “Environmental Surcharge” shall include any and all expenses,
taxes, charges or penalties imposed by the Federal Department of Energy, Federal Environmental Protection Agency, the Federal Clean Air Act, or any regulations promulgated thereunder, or any other local, state or federal governmental agency or
entity now or hereafter vested with the power to impose taxes, assessments or other types of surcharges as a means of controlling or abating environmental pollution or the use of energy in regard to the use, operation or occupancy of the Project.
The term “Tax” shall include, without limitation, all taxes, assessments, levies, fees, impositions or charges levied, imposed, assessed, measured, or based in any manner whatsoever (i) in whole or in part on the Rent payable by Lessee
under this Lease, (ii) upon or with respect to the use, possession, occupancy, leasing, operation or management of the Project, (iii) upon this transaction or any document to which Lessee is a party creating or transferring an interest or an estate
in the Project, (iv) upon Lessee’s business operations conducted at the Project, (v) upon, measured by or reasonably attributable to the cost or value of Lessee’s equipment, furniture, fixtures and other personal property located on the
Project or the cost or value of any leasehold improvements made in or to the Project by or for Lessee, regardless of whether title to such improvements shall be in Lessor or Lessee, or (vi) in lieu of or equivalent to any Tax set forth in this
Section 16. In the event any such Taxes are payable by Lessor and it shall not be lawful for Lessee to reimburse Lessor for such Taxes, then the Rent payable thereunder shall be increased to net Lessor the same net rent after imposition of any such
Tax upon Lessor as would have been payable to Lessor prior to the imposition of any such Tax. It is the intention of the parties that Lessor shall be free from all such Taxes and all other governmental impositions and charges of every kind and
nature whatsoever. However, nothing contained in this Section 16 shall require Lessee to pay any Federal or State income, franchise, estate, inheritance, succession, transfer or excess profits tax imposed upon Lessor. If any general or special
assessment is levied and assessed against the Project, Lessor agrees to use its best reasonable efforts to cause the assessment to become a lien on the Project securing repayment of a bond sold to finance the improvements to which the assessment
relates which is payable in installments of principal and interest over the maximum term allowed by law. It is understood and agreed that Lessee’s obligation under this paragraph will be prorated to reflect the Commencement Date and the end of
the Lease Term. Lessee as part of the CAC shall pay his pro-rata or equitable share of Taxes. 

 Subject to any limitations or restrictions imposed by any deeds of trust or mortgages now or hereafter covering or
affecting the Project, Lessee shall have the right to contest or review the amount or validity of any Tax by appropriate legal proceedings but which is not to be deemed or construed in any way as relieving, modifying or extending Lessee’s
covenant to pay such Tax at the time and in the manner as provided in this Section 16. However, as a condition of Lessee’s right to contest, if such contested Tax is not paid before such contest and if the legal proceedings shall not operate to
prevent or stay the collection of the Tax so contested, Lessee shall, before instituting any such proceeding, protect the Project and the interest of Lessor and of the beneficiary of a deed of trust or the mortgagee of a mortgage affecting the
Project against any lien upon the Project by a surety bond, issued by an insurance company acceptable to Lessor and in an amount equal to one and one-half (1 1/2) times the amount contested or, at Lessor’s option, the amount of the contested
Tax and the interest and penalties in connection therewith. Any contest as to the validity or amount of any Tax, whether before or after payment, shall be made by Lessee in Lessee’s own name, or if required by law, in the name of Lessor or both
Lessor and Lessee. Lessee shall defend, indemnify and hold harmless Lessor from and against any and all costs or expenses, including attorneys’ fees, in connection with any such proceedings brought by Lessee, whether in its own name or not.
Lessee shall be entitled to retain any refund of any such contested Tax and penalties or interest thereon which have been paid by Lessee. Nothing contained herein shall be construed as affecting or limiting Lessor’s right to contest any Tax at
Lessor’s expense. 
  
 17. Notices: Unless otherwise provided for in
this Lease, any and all written notices or other communication (the “Communication”) to be given in connection with this Lease shall be given in writing and shall be given by personal delivery, facsimile transmission or by mailing by
registered or certified mail with postage thereon or recognized overnight courier, fully prepaid, in a sealed envelope addressed to the intended recipient as follows: 
  

					
	 (a)
	  	to the Lessor at:	  	10050 Bandley Drive
	 	  	 	  	Cupertino, California 95014
	 	  	 	  	Attention: Carl E. Berg
	 	  	 	  	                    Raymond V. Marino
	 	  	 	  	Fax No: (408) 725-1626
			
	 (b)
	  	to the Lessee at:	  	DSP Group, Inc.
	 	  	 	  	3120 Scott Boulevard, Suite                 
	 	  	 	  	Santa Clara, CA 95051
	 	  	 	  	Attention: Yaniv Ariel
	 	  	 	  	Fax No: (408) 986-4442

  
 or such other addresses, facsimile
number or individual as may be designated by a Communication given by a party to the other parties as aforesaid. Any Communication given by personal delivery shall be conclusively deemed to have been given and received on a date it is so delivered
at such address provided that such date is a business day, otherwise on the first business day following its receipt, and if given by registered or certified mail, on the day on which delivery is made or refused or if given by recognized overnight
courier, on the first business day following deposit with such overnight courier and if given by facsimile transmission, on the day on which it was transmitted provided such day is a business day, failing which, on the next business day thereafter.

  
 18. Entry By Lessor: Lessee shall permit Lessor and its agents to enter
into and upon said Premises at all reasonable times with at least 24 hours prior notice of entry, excepting for emergencies, and Lessor agrees to use the minimum amount of interference and inconvenience to Lessee and Lessee’s business, subject
also to any security regulations of Lessee, for the purpose of inspecting the same or for the purpose of maintaining the building in which 

 
said Premises are situated, or for the purpose of making repairs, alterations or additions to any other portion of said building, including the erection and
maintenance of such scaffolding, canopies, fences and props as may be required, without any rebate of Rent and without any liability to Lessee for any loss of occupation or quiet enjoyment of the Premises; and shall subject to the foregoing, permit
Lessor and his agents, at any time within ninety (90) days prior to the end of the Lease Term, to place upon said Premises (but only in common areas) any usual or ordinary “For Sale” or “For Lease” signs and exhibit the Premises
to prospective tenants at reasonable hours. 
  
 19. Destruction Of Premises:
In the event of a partial destruction of the said Premises during the Lease Term from any cause which is covered by Lessor’s property insurance, Lessor shall forthwith repair the same, provided such repairs can be made within one hundred
eighty (180) days after receipt of building permit under the laws and regulations of State, Federal, County, or Municipal authorities, but such partial destruction shall in no way annul or void this Lease, except that Lessee shall be entitled to a
proportionate reduction of Rent until such repairs are substantially complete. With respect to any partial destruction which Lessor is obligated to repair or may elect to repair under the terms of this paragraph, the provision of Section 1932,
Subdivision 2, and of Section 1933, Subdivision 4, of the Civil Code of the State of California are waived by Lessee. In the event that the Building in which the subject Premises may be situated is destroyed to an extent greater than thirty-three
and one-third percent (33 1/3%) of the replacement cost thereof, Lessor may, at its sole option, elect to terminate this Lease, whether the Building is insured or not. A total destruction of the building in which the subject Premises are situated
shall terminate this Lease. Notwithstanding the above, Lessor is only obligated to repair or rebuild to the extent of available insurance proceeds plus any applicable deductible amounts paid by tenants . Should Lessor determine that insufficient or
no insurance proceeds are available for repair or reconstruction of Premises, Lessor, at its sole option, may terminate the Lease; provided, however Lessee shall have the option of continuing this Lease notwithstanding such termination by Lessor by
agreeing to pay all repair costs to the subject Premises. Notwithstanding anything to the contrary contained herein, if Tenant’s use of the Premises is substantially impaired for a period of more than one hundred eighty (180) days after the
date of destruction, or during the last twelve (12) months of the Term, then Tenant shall have the right to terminate this Lease by written notice to Landlord within 10 days after the date of the Destruction. 
  
 20. Assignment And Subletting: Lessee shall not assign this Lease, or any interest
therein, and shall not sublet the said Premises or any part thereof, or any right or privilege appurtenant thereto, or cause any other person or entity, to occupy or use the Premises, or any portion thereof, without the advance written consent of
Lessor. Notwithstanding the above, Lessee may, without the consent of Lessor, assign this Lease or sublet all or any part of the Premises to a bona fide subsidiary or affiliate of Lessee, an entity in which or with which Lessee merges or an entity
which acquires all or substantially all of the assets or stock of Lessee (“Excepted Party”). Any such assignment or subletting requiring Lessor’s consent made without Lessor’s consent shall be void. Except as expressly set forth
herein, this Lease shall not, or shall any interest therein, be assignable, as to the interest of Lessee, by operation of law, without the written consent of Lessor. Notwithstanding Lessor’s obligation to provide reasonable approval, Lessor
reserves the right to withhold its consent for any proposed sublessee or assignee of Lessee if the proposed sublessee or assignee is a user or generator of Hazardous Materials other than as expressly permitted pursuant to Section 3 above. If Lessee
desires to assign its rights under this Lease to a party other than an Excepted Party, Lessee shall first notify Lessor of the proposed terms and conditions of such assignment or subletting. Lessor, at its sole option, shall have the right (i) to
enter into a direct Lessor-lessee relationship with such party under such proposed terms and conditions, in which event Lessee shall be relieved of its obligations hereunder to the extent of the Lessor-lessee relationship entered into between Lessor
and such third party, or (ii) to terminate the Lease and relieve Lessee of all Lease obligations occurring after the termination of the Lease. Notwithstanding the foregoing, Lessee may assign this Lease to an Excepted Party, provided there is no
substantial reduction in the net worth of the resulting guarantor. Whether or not Lessor’s consent to a sublease or assignment is required, in the event of any sublease or assignment, Lessee shall be and shall remain 

 
primarily liable for the performance of all conditions, covenants, and obligations of Lessee hereunder and, in the event of a default by an assignee or
sublessee, Lessor may proceed directly against the original Lessee hereunder and/or any other predecessor of such assignee or sublessee without the necessity of exhausting remedies against said assignee or sublessee. If Lessee merges or sells
substantially all of its assets and the net worth of the resulting entity is substantially less than that of Lessee, such sale shall be a default under this Lease unless approved by Lessor. 
  
 21. Condemnation: If any part of the Premises shall be taken for any public or
quasi-public use, under any statute or by right of eminent domain or private purchase in lieu thereof, and a part thereof remains which is susceptible of occupation hereunder, this Lease shall as to the part so taken, terminate as of the date title
vests in the condemnor or purchaser, and the Rent payable hereunder shall be adjusted so that the Lessee shall be required to pay for the remainder of the Lease Term only that portion of Rent as the value of the part remaining. The rental adjustment
resulting will be computed at the same Rental rate for the remaining part not taken; however, both parties shall have the option to terminate this Lease as of the date when title to the part so taken vests in the condemnor or purchaser. If all of
the Premises, or such part thereof be taken so that there does not remain a portion susceptible for occupation hereunder, this Lease shall thereupon terminate. If a part or all of the Premises be taken, all compensation awarded upon such taking
shall be payable to the Lessor. Lessee may file a separate claim and be entitled to any award granted to Lessee. 
  
 22. Effects Of Conveyance: The term “Lessor” as used in this Lease, means only the owner for the time being of the land and building constituting the
Premises, so that, in the event of any sale of said land or building, or in the event of a Lease of said building, Lessor shall be and hereby is entirely freed and relieved of all covenants and obligations of Lessor thereafter to be performed;
provided the purchaser of any such sale, or the Lessor of the building, has assumed and agreed to carry out any and all covenants and obligations of the Lessor hereunder. If any security is given by Lessee to secure the faithful performance of all
or any of the covenants of this Lease on the part of Lessee, Lessor shall transfer and deliver the security, as such, to the purchaser at any such sale of the building, and thereupon the Lessor shall be discharged from any further liability.

  
 23. Subordination: This Lease, in the event Lessor notifies Lessee in
writing, shall be subordinate to any ground lease, deed of trust, or other hypothecation for security now or hereafter placed upon the real property at which the Premises are a part and to any and all advances made on the security thereof and to
renewals, modifications, replacements and extensions thereof. Lessee agrees to promptly execute any documents which may be required to effectuate such subordination. Notwithstanding such subordination, if Lessee is not in default and so long as
Lessee shall pay the Rent and observe and perform all of the provisions and covenants required under this Lease, Lessee’s right to quiet possession of the Premises shall not be disturbed or effected by any subordination. 
  
 24. Waiver: The waiver by Lessor or Lessee of any breach of any term, covenant or
condition, herein contained shall not be construed to be a waiver of such term, covenant or condition or any subsequent breach of the same or any other term, covenant or condition therein contained. The subsequent acceptance of Rent hereunder by
Lessor shall not be deemed to be a waiver of Lessee’s breach of any term, covenant, or condition of the Lease. 
  
 25. Holding Over: Any holding over after the end of the Lease Term requires Lessor’s written approval prior to the end of the Lease Term, which,
notwithstanding any other provisions of this Lease, Lessor may withhold. Such holding over shall be construed to be a tenancy at sufferance from month to month. Lessee shall pay to Lessor base rent equal to one and one-half (1.5) times the monthly
base rent installment due in the last month of the Lease Term and all other additional rent and all other terms and conditions of the Lease shall apply, so far as applicable. Holding over by Lessee without written approval of Lessor shall subject
Lessee to the liabilities and obligations provided for in this Lease and by law, including, but not limited to those in Section 2.1 of this Lease. Lessee shall indemnify and hold 

 
Lessor harmless against any loss or liability resulting from any delay caused by Lessee in surrendering the Premises, including without limitation, any
claims made or penalties incurred by any succeeding lessee or by Lessor. No holding over shall be deemed or construed to exercise any option to extend or renew this Lease in lieu of full and timely exercise of any such option as required hereunder.

  
 26. Lessor’s Liability: If Lessee should recover a money judgment
against Lessor arising in connection with this Lease, the judgment shall be satisfied only out of the Lessor’s interest in the Premises (including, without limitation, rent and other income, insurance, sale and condemnation proceeds) and
neither Lessor or any of its partners shall be liable personally for any deficiency. 
  
 27. Estoppel Certificates: Lessee shall at any time during the Lease Term, upon not less than ten (10) days prior written notice from Lessor, execute and deliver to Lessor a statement in writing certifying that, this Lease is
unmodified and in full force and effect (or, if modified, stating the nature of such modification) and the dates to which the Rent and other charges have been paid in advance, if any, and acknowledging that there are not, to Lessee’s knowledge,
any uncured defaults on the part of Lessor hereunder or specifying such defaults if they are claimed. Any such statement may be conclusively relied upon by any prospective purchaser or encumbrancer of the Premises. Lessee’s failure to deliver
such a statement within such time shall be conclusive upon the Lessee that (a) this Lease is in full force and effect, without modification except as may be represented by Lessor; (b) there are no uncured defaults in Lessor’s performance.

  
 28. Time: Time is of the essence of the Lease. 
  
 29. Captions: The headings on titles to the paragraphs of this Lease are not a part of
this Lease and shall have no effect upon the construction or interpretation of any part thereof. This instrument contains all of the agreements and conditions made between the parties hereto and may not be modified orally or in any other manner than
by an agreement in writing signed by all of the parties hereto or their respective successors in interest. 
  
 30. Party Names: Landlord and Tenant may be used in various places in this Lease as a substitute for Lessor and Lessee respectively. 
  
 31. Earthquake Insurance: Intentionally Omitted 
  
 32. Habitual Default: Notwithstanding anything to the contrary contained in Section 14 herein, Lessor and Lessee agree that if Lessee
shall have defaulted (beyond applicable notice and cure periods) in the payment of Rent for three or more times during any twelve month period during the Lease Term, then such conduct shall, at the option of the Lessor, represent a separate event of
default which cannot be cured by Lessee. Lessee acknowledges that the purpose of this provision is to prevent repetitive defaults by the Lessee under the Lease, which constitute a hardship to the Lessor and deprive the Lessor of the timely
performance by the Lessee hereunder.  
  
 33. Hazardous Materials

  
 33.1 Definitions: As used in this Lease, the
following terms shall have the following meaning: 
  
 a. The term
“Hazardous Materials” shall mean (i) polychlorinated biphenyls; (ii) radioactive materials and (iii) any chemical, material or substance now or hereafter defined as or included in the definitions of “hazardous substance”
“hazardous water”, “hazardous material”, “extremely hazardous waste”, “restricted hazardous waste” under Section 25115, 25117 or 15122.7, or listed pursuant to Section 25140 of the 

	 	 
California Health and Safety Code, Division 20, Chapter 6.5 (Hazardous Waste Control Law), (iv) defined as “hazardous substance” under Section
25316 of the California Health and Safety Code, Division 20, Chapter 6.8 (Carpenter-Presley-Tanner Hazardous Substances Account Act), (v) defined as “hazardous material”, “hazardous substance”, or “hazardous waste”
under Section 25501 of the California Health and Safety Code, Division 20, Chapter 6.95 (Hazardous Materials Release, Response, Plans and Inventory), (vi) defined as a “hazardous substance” under Section 25181 of the California Health and
Safety Code, Division 20l, Chapter 6.7 (Underground Storage of Hazardous Substances), (vii) petroleum, (viii) asbestos, (ix) listed under Article 9 or defined as “hazardous” or “extremely hazardous” pursuant to Article II of
Title 22 of the California Administrative Code, Division 4, Chapter 20, (x) defined as “hazardous substance” pursuant to Section 311 of the Federal Water Pollution Control Act, 33 U.S.C. 1251 et seq. or listed pursuant to Section 1004 of
the Federal Water Pollution Control Act (33 U.S.C. 1317), (xi) defined as a “hazardous waste”, pursuant to Section 1004 of the Federal Resource Conservation and Recovery Act, 42 U.S.C. 6901 et seq., (xii) defined as “hazardous
substance” pursuant to Section 101 of the Comprehensive Environmental Responsibility Compensations, and Liability Act, 42 U.S.C. 9601 et seq., or (xiii) regulated under the Toxic Substances Control Act, 156 U.S.C. 2601 et seq.

  
 b. The term “Hazardous Materials
Laws” shall mean any local, state and federal laws, rules, regulations, or ordinances relating to the use, generation, transportation, analysis, manufacture, installation, release, discharge, storage or disposal of Hazardous Material.

  
 c. The term “Lessor’s Agents” shall mean
Lessor’s agents, representatives, employees, contractors, subcontractors, directors, officers and partners. 
  
 d. The term “Lessee’s Agents” shall mean Lessee’s agents, representatives, employees, contractors, subcontractors, directors,
officers, partners, invitees or any other person in the Premises other than Landlord or its agents. 
  
 33.2 Lessee’s Right to Investigate: Lessee shall be entitled to cause such inspection, soils and ground water tests, and other evaluations to
be made of the Premises as Lessee deems necessary regarding (i) the presence and use of Hazardous Materials in or about the Premises, and (ii) the potential for exposure to Lessee’s employees and other persons to any Hazardous Materials used
and stored by previous occupants in or about the Premises. Lessee shall provide Lessor with copies of all inspections, tests and evaluations. Lessee shall indemnify, defend and hold Lessor harmless from any cost, claim or expense arising from such
entry by Lessee or from the performance of any such investigation by such Lessee. 
  
 33.3 Lessor’s Representations: Lessor hereby represents and warrants to the best of Lessor’s knowledge that the Premises are, as of the date of this Lease, in compliance with all Hazardous Material
Laws. 
  
 33.4 Lessee’s Obligation to Indemnify:
Lessee, at its sole cost and expense, shall indemnify, defend, protect and hold Lessor and Lessor’s Agents harmless from and against any and all cost or expenses, including those described under subparagraphs i, ii and iii herein below set
forth, arising from or caused in whole or in part, directly or indirectly by: 
  
 a. Lessee’s or Lessee’s Agents’ use, analysis, storage, transportation, disposal, release, threatened release, discharge or generation of Hazardous Material to, in, on, under, about or from the
Premises; or 
  
 b. Lessee’s or Lessee’s Agents failure
to comply with Hazardous Material laws; or 

 c. Any release of Hazardous Material to, in, on, under, about, from or onto the Premises caused by or
occurring as a result of acts or omissions of Lessee or Lessee’s Agents or occurring during the Lease Term, except ground water contamination from other parcels where the source is from off the Premises not arising from or caused by Lessee or
Lessee’s Agents. 
  
 The cost and expenses indemnified against include, but
are not limited to the following: 
  
 i. Any and all claims,
actions, suits, proceedings, losses, damages, liabilities, deficiencies, forfeitures, penalties, fines, punitive damages, cost or expenses; 
  
 ii. Any claim, action, suit or proceeding for personal injury (including sickness, disease, or death), tangible or intangible property damage,
compensation for lost wages, business income, profits or other economic loss, damage to the natural resources of the environment, nuisance, pollution, contamination, leaks, spills, release or other adverse effects on the environment; 
  
 iii. The cost of any repair, clean-up, treatment or detoxification of the
Premises necessary to bring the Premises into compliance with all Hazardous Material Laws, including the preparation and implementation of any closure, disposal, remedial action, or other actions with regard to the Premises, and expenses (including,
without limitation, reasonable attorney’s fees and consultants fees, investigation and laboratory fees, court cost and litigation expenses). 
  
 33.5 Lessee’s Obligation to Remediate Contamination: Lessee shall, at its sole cost and expense, promptly take any and all action necessary to
remediate contamination of the Premises by Hazardous Materials during the Lease Term where such Hazardous Materials were introduced into the Premises by Lessee or Lessee’s Agents in violation of this Lease. 
  
 33.6 Obligation to Notify: Lessor and Lessee shall each give written
notice to the other as soon as reasonably practical of (i) any communication received from any governmental authority concerning Hazardous Material which related to the Premises and (ii) any knowledge of any contamination of the Premises by
Hazardous Materials which constitutes a violation of any Hazardous Material Laws. 
  
 33.7 Survival: The obligations of Lessee under this Section 33 shall survive the Lease Term or earlier termination of this Lease. 
  
 33.8 Certification and Closure: On or before the end of the Lease Term or earlier termination of this Lease, Lessee
shall deliver to Lessor a certification executed by Lessee stating that, to the best of Lessee’s knowledge, there exists no violation of Hazardous Material Laws resulting from Lessee’s obligation in Paragraph 33. If pursuant to local
ordinance, state or federal law, Lessee is required, at the expiration of the Lease Term, to submit a closure plan for the Premises to a local, state or federal agency, then Lessee shall comply at its sole cost and expense with the requirements of
the closure plan and furnish to Lessor a copy of such plan. 
  
 33.9 Prior Hazardous Materials: Lessee shall have no obligation to investigate, monitor, abate, clean up or to indemnify, defend or hold Lessor harmless with respect to any Hazardous Material or wastes (i) that result from the acts
or omissions of Lessor or Lessor’s Agents, or (ii) discovered on the Premises which were not introduced into, in, on, about, from or under the Premises during the Lease Term by Lessee or Lessee’s Agents. 
  
 34. Brokers: Lessor and Lessee represent that they have not utilized
or contacted a real estate broker or finder with respect to this Lease and Lessee agrees to indemnify and hold Lessor harmless against any claim, cost, liability or 

 
cause of action asserted by any broker or finder claiming through Lessee. Lessor represents and warrants that it has not utilized or contacted a real estate
broker or finder with respect to this Lease and Lessor agrees to indemnify and hold Lessee harmless against any claim, cost, liability or cause of action asserted by any broker or finder claiming through Lessor. 
  
 35. Option to Extend 
  
 A. Option: Lessor hereby grants to Lessee one (1) option to extend the Lease Term, with the extended term to be for a period
of five (5) years, on the following terms and conditions: 
  
 (i)
Lessee shall give Lessor written notice of its exercise of its option to extend no earlier than twelve (12), nor later than six (6) calendar months before the Lease Term would end but for said exercise. If Lessee and Lessor have not agreed to rental
terms in writing, Lessee may withdraw its notice of exercise of an extension option prior to six (6) months before the Lease Term would end but for said exercise. Lessor shall provide Lessee with Lessor’s proposed base monthly rent for the
option period within twenty (20) days of Lessee’s written request. However, once Lessee delivers a notice of exercise of an option to extend the Lease Term it may not be withdrawn except as provided for herein and subject to the provisions of
this Section 35, such notice shall operate to extend the Lease Term. Upon any extension of the Lease Term pursuant to this Section 35, the term “Lease Term” as used in this Lease shall thereafter include the then extended term. Time is of
the essence. 
  
 (ii) Lessee may not extend the Lease Term
pursuant to any option granted by this Section 35 at any time during which Lessee is in default (beyond applicable notice and cure periods) as of the date of the exercise of its option. 
  
 (iii) All terms and conditions of this Lease shall apply during the extended term, except that the base rent and rental
increases for each extended term shall be determined as provided in Section 35 (B) below 
  
 (iv) The option rights of DSP Group, Inc. granted under this Section 35 are granted for DSP Group, Inc.’s personal benefit and any Excepted Party and may not be assigned or transferred by DSP Group, Inc. except
to an Excepted Party. 
  
 B. Extended Term Rent - Option Period: The
monthly Rent for the Premises during the extended term shall equal the fair market monthly Rent for the Premises as of the exercise date of the extended term Promptly upon Lessee’s exercise of the option to extend, Lessee and Lessor shall meet
and attempt to agree on the fair market monthly Rent for the Premises during the extended term. In the event the parties fail to agree upon the amount of the monthly Rent for the extended term prior to commencement thereof, the monthly Rent for the
extended term including annual increases shall be determined by appraisal in the manner hereafter set forth . In the event it becomes necessary under this paragraph to determine the fair market monthly Rent of the Premises by appraisal, Lessor and
Lessee each shall appoint a real estate appraiser within five days after Lessor or Lessee notifies the other party that the proposed rental rate for the extended term is unacceptable, who shall be a member of the American Institute of Real Estate
Appraiser (“AIREA”) and such appraisers shall each determine the fair market monthly Rent for the Premises taking into account the value of the Premises and the amenities provided by the outside areas, the common areas, and the Building,
and prevailing comparable Rentals in the area. Such appraisers shall, within twenty (20) business days after their appointment, complete their appraisals and submit their appraisal reports to Lessor and Lessee. If the fair market monthly Rent of the
Premises established in the two (2) appraisals varies by five percent (5%) or less of the higher Rent, the average of 

 
the two shall be controlling. If said fair market monthly Rent varies by more than five percent (5%) of the higher Rental, said appraisers, within ten (10)
days after submission of the last appraisal, shall appoint a third appraiser who shall be a member of the AIREA and who shall also be experienced in the appraisal of Rent values and adjustment practices for commercial properties in the vicinity of
the Premises. Such third appraiser shall, within twenty (20) business days after his appointment, determine by appraisal the fair market monthly Rent of the Premises taking into account the same factors referred to above, and submit his appraisal
report to Lessor and Lessee. The fair market monthly Rent determined by the third appraiser for the Premises shall be controlling, unless it is less than that set forth in the lower appraisal previously obtained, in which case the value set forth in
said lower appraisal shall be controlling, or unless it is greater than that set forth in the higher appraisal previously obtained in which case the Rent set for in said higher appraisal shall be controlling. If either Lessor or Lessee fails to
appoint an appraiser, or if an appraiser appointed by either of them fails, after his appointment to submit his appraisal within the required period in accordance with the foregoing, the appraisal submitted by the appraiser properly appointed and
timely submitting his appraisal shall be controlling. If the two appraisers appointed by Lessor and Lessee are unable to agree upon a third appraiser within the required period in accordance with the foregoing, application shall be made within
twenty (20) days thereafter by either Lessor or Lessee to AIREA, which shall appoint a member of said institute willing to serve as appraiser. The cost of all appraisals under this subparagraph shall be borne equally be Lessor and Lessee.

  
 36. Approvals: Whenever in this Lease the Lessor’s or
Lessee’s consent is required, such consent shall not be unreasonably or arbitrarily withheld or delayed. In the event that the Lessor or Lessee does not respond to a request for any consents which may be required of it in this Lease within ten
business days of the request of such consent in writing by the Lessee or Lessor, such consent shall be deemed to have been given by the Lessor or Lessee. 
  
 37. Authority: Each party executing this Lease represents and warrants that he or she is duly authorized to execute and deliver the Lease. If executed on behalf of
a corporation, that the Lease is executed in accordance with the by-laws of said corporation (or a partnership that the Lease is executed in accordance with the partnership agreement of such partnership), that no other party’s approval or
consent to such execution and delivery is required, and that the Lease is binding upon said individual, corporation (or partnership) as the case may be in accordance with its terms. 
  
 38. Indemnification of Lessor: Except to the extent caused by the sole negligence or willful misconduct of Lessor or Lessor’s
Agents, Lessee shall defend, indemnify and hold Lessor harmless from and against any and all obligations, losses, costs, expenses, claims, demands, attorney’s fees, investigation costs or liabilities on account of, or arising out of; (i) Lessee
or Lessee’s Agents the use, condition or occupancy of the Project, (ii) any act or omission to act or any occurrence in, upon, about or at the Project by Lessee or Lessee’s Agents or (iii) of the use, generation, manufacture, installation,
release, discharge, storage, or disposal of Hazardous Materials in, on, about or under the Project by Lessee or Lessee’s Agents. It is understood that Lessee is and shall be in control and possession of the Premises and that Lessor shall in no
event be responsible or liable for any injury or damage or injury to any person whatsoever, happening on, in, about, or in connection with the Premises, or for any injury or damage to the Premises or any part thereof as a result of acts or omissions
to act by Lessee or Lessee’s Agents.. This Lease is entered into on the express condition that Lessor shall not be liable for, or suffer loss by reason of injury to person or property, from whatever cause, which in any way may be connected with
the use, condition or occupancy of the Project or personal property located herein by Lessee or Lessee’s Agents. The provisions of this Lease permitting Lessor to enter and inspect the Premises are for the purpose of enabling Lessor to become
informed as to whether Lessee is complying with the terms of this Lease and Lessor shall be under no duty to enter, inspect or to perform any of Lessee’s covenants set forth in this Lease. Lessee shall further indemnify, defend and hold
harmless Lessor from and against any and all claims arising from any breach or default in the performance of any obligation to Lessee’s part to be performed under the terms of this Lease. The provisions of Section 38 shall survive the Lease
Term or earlier termination of this Lease with respect to any; (i) violations of Hazardous Material Laws or (ii) third party claims, damage, injury or death, occurring during the Lease Term. 

 39. Successors And Assigns: The covenants and conditions herein contained shall, subject to the provisions as to
assignment, apply to and bind the heirs, successors, executors, administrators and assigns of all of the parties hereto; and all of the parties hereto shall be jointly and severally liable hereunder. 
  
 40. Miscellaneous Provisions: All rights and remedies hereunder are cumulative and not
alternative to the extent permitted by law and are in addition to all other rights or remedies in law and in equity. 
  
 41. Choice of Law: This lease shall be construed and enforced in accordance with the substantive laws of the State of California. The language of all parts of this
lease shall in all cases be construed as a whole according to its fair meaning and not strictly for or against either Lessor or Lessee. 
  
 42. Entire Agreement: This Lease is the entire agreement between the parties, and there are no agreements or representations between the parties except as
expressed herein. Except as otherwise provided for herein, no subsequent change or addition to this Lease shall be binding unless in writing and signed by the parties hereto. 
  
 In Witness Whereof, Lessor and Lessee have executed this Lease, the day and year first above written. 
  

							
	Lessor	 	Lessee
		
	Mission West Properties, L.P. I	 	DSP Group, Inc.
				
	 By:
	 	 Mission West Properties, Inc., its general partner
	 	 	 	 
				
	 By:
	 	 Carl E. Berg

	 	 By:
	 	 Yaniv Arieli

	 Signature of authorized representative
	 	 Signature of authorized representative

		
	 Carl E. Berg

	 	 Yaniv Arieli

	 Printed name
	 	 Printed name

		
	 Chief Executive Officer

	 	 President of U.S. Operations

	 Title
	 	 Title

		
	 6/1/2004

	 	 5/13/2004

	 Date
	 	 Date

 Exhibit A and A.1 
  

Site plan and floor plan to be attached.

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