Document:

WINTEGRA
      LTD.

     

    JACOB
      (KOBI) BEN ZVI EMPLOYMENT AGREEMENT

    

    THIS
      AGREEMENT (the “Agreement”)
      is
      made and entered into effective as of January 1, 2006 (“Effective
      Date”),
      by
      and between Wintegra Ltd. of 6 Hamasger St. Raa’nana, Israel (the
“Company”),
      and
      Jacob (Kobi) Ben Zvi, Israeli I.D. No. 51713709, Israel, (“Executive”).

    

    
      	WHEREAS	
              Executive
                serves as President and Chief Executive Officer (“CEO”)
                of Wintegra Inc., the parent company of Wintegra Ltd. (the “Parent
                Company”)
                and as President and CEO of the Company;
                and

            

    

    

    
      	WHEREAS	
              the
                Parent Company has decided that Executive shall divide his business
                time
                between the Parent Company and the Company;
                and

            

    

    

    
      	WHEREAS	
              the
                parties desire to state the terms and conditions of Executive’s engagement
                by the Company.

            

    

    

    NOW
      THEREFORE,
      in
      consideration of the mutual promises contained herein, and intending to be
      legally bound, the parties hereto hereby declare and agree as
      follows:

    

    
      	
              1.

            	
              Preamble
                and Exhibits

            

    

    

    The
      preamble to this Agreement and its Appendixes constitute an integral part
      hereof. 

    

    
      	2.	
              Position
                and Duties

            

    

    

    
      	
            	2.1	
              As
                of the Effective Date, Executive shall continue to be Chief Executive
                Officer and Chairman of the Board of Directors of the Company. Executive
                shall be subject and report to the Board of Directors.
                

            

    

    

    
      	
            	2.2	
              Executive
                shall devote all of his business time to his employment with the
                Company,
                except that time spent in the United States, which shall be devoted
                to the
                Parent Company. The Board of Directors of the Parent Company may,
                from
                time to time, alter such division. 

            

    

    

    
      	
            	2.3	
              During
                Executive’s employment with the Company, he shall devote all his efforts
                and skill to promote the business and affairs of the Company. Accordingly,
                Executive shall not assume any additional professional obligations
                unrelated to the Company, unless approved in advance by the
                Company.

            

    

    

    
      	
            	2.4	
              Executive
                shall comply with the policy and working arrangements of the Company
                and
                follow the Company’s ethical code and Company policy and procedures as
                shall be determined from time to time by the management of the
                Company.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    
      	
            	2.5	
              Executive
                shall notify the Company immediately and without delay of any matter
                which
                might constitute a conflict of interests between his position in
                the
                Company and his personal affairs. 

            

    

    

    
      	3.	
              Salary
                and Working Hours

            

    

    

    
      	 	
              3.1

            	
              In
                consideration for his services, the Company shall pay Executive a
                gross
                annual salary of NIS equivalent to $169,600 and effective as of March
                1,
                2006, at an aggregate annualized rate of $183,168 (hereinafter “Company
                Salary”), prorated to reflect the number of business days worked outside
                of the United States as compared to the total business days worked
                (the
                “Adjusted
                Company Salary”).
                The Adjusted Company Salary shall be paid no later than the ninth
                (9th)
                day of each month, for the preceding month. Executive and the Company
                expressly agree that the Company will pay Executive his Adjusted
                Company
                Salary based on a per diem rate attributable to those days during
                which
                Executive performs services for the Company outside of the United
                States.
                Executive and the Company further expressly acknowledge that Executive
                will be compensated for his U.S. services (including payment of any
                social
                benefits required by applicable law) by Wintegra, Inc., the Parent
                Company
                (“US
                Salary”
                referred to collectively herein together with the Adjusted Company
                Salary
                as the “Company
                Salary”).

            

    

    

    
      	 	
              3.2

            	
              It
                is hereby acknowledged and agreed that Executive shall hold a senior
                position in the Company, requiring a special degree of trust, and
                accordingly, the provisions of the Hours of Work and Rest Law, 5711-1951
                and the regulations promulgated thereunder, relating to separate
                and/or
                additional payments in respect of additional hours or for working
                on the
                weekend or on national holidays, shall not apply to this Agreement.
                

            

    

    

    Executive
      acknowledges and agrees that the Company Salary and benefits provided for in
      this Agreement include a proper and just reward for the requirements of his
      position and status and the obligation to work at irregular hours of the day
      (as
      provided hereunder). Accordingly, Executive shall not be entitled to any
      additional bonus or other payment for extra hours of work, other than as
      provided hereunder.

    

    
      	
              4.

            	
              Manager’s
                Insurance Plan and Severance
                Pay

            

    

    

    
      	 	
              4.1

            	
              The
                Company contributes funds on behalf of its employees to a [Managers
                Insurance Fund/state name of policy] (hereinafter the “Fund”), and
                disability insurance for loss of ability to work (hereinafter the
                “Disability Insurance”) as specified
                below:

            

    

    

    
      	 	
              4.1.1

            	
              The
                Company shall pay to Executive (a) five percent (5%) of the Company
                Salary
                for pension compensation, out of which the Company shall transfer
                to the
                Fund on behalf of Executive, that amount which is equal to the applicable
                ceiling for tax credit and/or tax deduction purposes (and any excess
                to
                the Executive) and (b) by transfer to the Fund, eight and a third
                percent
                (8.33%) of the Company Salary for severance compensation. Moreover,
                the
                Company will contribute for the purpose of the Disability Insurance
                a
                maximum premium of 2.5% of the Company Salary. In addition, the Company
                shall deduct from the Company Salary an aggregated amount equal to
                five
                percent (5%) of the Company Salary for the Fund up to that amount
                which is
                equal to the applicable ceiling for tax credit and/or tax deduction
                purposes. 

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    
      	 	
              4.1.2

            	
              Executive
                expressly agrees that the aforementioned allocations shall be in
                lieu of
                severance pay according to the Severance Pay Law 5723-1963 (the “Severance
                Pay Law”), if Executive is entitled to Severance Pay in compliance with
                the General Permit of the Minister of Labor pursuant Section 14 of
                the
                Severance Payment Act of 1963 (attached hereto as Appendix
                A).
                

            

    

    

    
      	 	
              4.1.3

            	
              In
                the event of termination of Executive’s employment by either Executive or
                the Company, the Company shall transfer to Executive’s possession the
                Fund, provided that no such transfer shall be made under the circumstances
                which would entitle the Company to deprive Executive of severance
                pay
                under Israeli Law, including the breach of the confidentiality and
                non-competition provisions of this Agreement, and/or breach of fiduciary
                duties.

            

    

    

    
      	
              5.

            	
              Additional
                Severance Compensation

            

    

    

    
      	 	
              5.1

            	
              In
                addition to the amounts set forth in Section 4, upon termination
                of
                employment from the Company for any reason, Executive shall receive
                payment of either the amounts set forth in Section 5.2 or Section
                5.3
                below in consideration of Executive's undertaking not to compete
                with the
                Company, pursuant to Section 10 of Appendix
                B.

            

    

    

    
      	 	
              5.2

            	
              Involuntary
                Termination.
                If the Company terminates Executive’s employment with the Company for
                reasons other than Cause, death or Disability, or Executive resigns
                from
                his employment with the Company due to a Constructive Termination,
                then
                Executive shall be entitled to receive:

            

    

    

    
      	
            	5.2.1	
              Continuing
                payments of severance pay (less applicable tax withholding) at the
                Company
                Salary rate multiplied by the percentage of Executive’s total business
                days that were worked outside of the United States in the most recently
                completed fiscal year, as then in effect, for a period of six (6)
                months
                from the Termination Date, payable in accordance with the Company’s normal
                payroll policies;

            

    

     

    
      	
            	5.2.2	
              Vesting
                as of the Termination Date of such additional options as would have
                vested
                if Executive remained employed through the first anniversary of the
                Termination Date; and

            

    

     

    
      	
            	5.2.3	
              Company-paid
                continuation for Executive and his eligible dependents under the
                Company’s
                group medical, dental and vision plans as in effect for Executive
                on the
                day immediately preceding the Termination Date until the earlier
                of six
                (6) months following the Termination Date or the date Executive (or
                the
                applicable dependent) becomes eligible for substantially similar
                coverage
                under another employer’s group medical, dental, and vision plans.
                

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    
      	 	
              5.3

            	
              Change
                of Control Severance.
                If within twelve (12) months of a Change of Control of the Company,
                the
                Company terminates Executive’s employment with the Company for reasons
                other than Cause, death, or Disability or Executive resigns from
                his
                employment with the Company, Executive will be entitled to
                receive:

            

    

    

    
      	
            	5.3.1	
              Continuing
                payments of severance pay (less applicable tax withholding) at the
                Company
                Salary rate multiplied by the percentage of Executive’s total business
                days that were worked outside of the United States in the most recently
                completed fiscal year, as then in effect, for a period of twelve
                (12)
                months from the Termination Date, payable in accordance with the
                Company’s
                normal payroll policies;

            

    

     

    
      	
            	5.3.2	
              Vesting
                as of the Termination Date of all unvested options granted to Executive,
                in the event that the Company terminates Executive's employment under
                the
                circumstances described in Section 5.3 or in the event that Executive
                resigns from his employment with the Company due to a Constructive
                Termination within 12 months of a Change of Control; or vesting as
                of the
                Termination Date of fifty percent (50%) of the unvested options granted
                to
                Executive, in the event that Executive resigns from his employment
                as
                described in Section 5.3; 

            

    

     

    
      	
            	5.3.3	
              Extension
                of the exercise period enabling Executive to exercise his options
                through
                the first anniversary of the Termination Date; notwithstanding, in
                no case
                shall the exercise period be extended beyond the maximum term of
                the
                options. Additionally, the exercise period of the options may not
                be
                extended beyond the later to occur of (x) the fifteenth day of the
                third
                month after the options would have otherwise expired due to termination
                of
                Executive's employment, or (y) the end of the calendar year during
                which
                the options would have otherwise expired due to termination of Executive's
                employment; and

            

    

     

    
      	
            	5.3.4	
              Company-paid
                continuation for Executive and his eligible dependents under the
                Company’s
                group medical, dental and vision plans as in effect for Executive
                on the
                day immediately preceding the Termination Date until the earlier
                of twelve
                (12) months following the Termination Date or the date Executive
                becomes
                eligible for substantially similar coverage under another employer’s group
                medical, dental, and vision plans. 

            

    

     

    
      	
            	5.4	
              Definitions.

            

    

     

    
      	
            	5.4.1	
              Cause.
                For purposes of this Agreement, “Cause” is defined as:
                

            

    

     

    
      	
            	i.	
              an
                act of dishonesty made by Executive in connection with Executive's
                responsibilities as an employee; 

            

    

     

    
      	
            	ii.	
              Executive's
                conviction of, or plea of nolo
                contendere
                to, a felony; 

            

    

     

    
      	
            	iii.	
              Executive's
                gross misconduct; or 

            

    

     

    
      	
            	iv.	
              Executive's
                continued substantial violations of his employment duties after Executive
                has received a written demand for performance from the Company which
                specifically sets forth the factual basis for the Company's belief
                that
                Executive has not substantially performed his
                duties.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    
      	
            	
              5.4.2

            	
              Change
                of Control.
                For purposes of this Agreement, “Change of Control” is defined as:
                

            

    

     

    
      	
            	i.	
              any
                “person” (as such term is used in Sections 13(d) and 14(d) of the
                Securities Exchange Act of 1934, as amended) is or becomes the “beneficial
                owner” (as defined in Rule 13d-3 under said Act), directly or
                indirectly, of securities of the Parent Company representing fifty
                percent
                (50%) or more of the total voting power represented by the Parent
                Company's then outstanding voting securities;

            

    

     

    
      	
            	ii.	
              a
                change in the composition of the Board of Directors of the Parent
                Company
                occurring within a two (2) year period, as a result of which fewer
                than a
                majority of the directors are Incumbent Directors. “Incumbent Directors”
                will mean directors who either (A) are directors of the Parent
                Company as of the date of the consummation of the Parent Company's
                public
                offering, or (B) are elected, or nominated for election, to the Board
                of Directors of the Parent Company with the affirmative votes of
                at least
                a majority of the Incumbent Directors at the time of such election
                or
                nomination (but will not include an individual whose election or
                nomination is in connection with an actual or threatened proxy contest
                relating to the election of directors to the Parent Company);
                

            

    

     

    
      	
            	iii.	
              the
                date of the consummation of a merger or consolidation of the Parent
                Company with any other corporation that has been approved by the
                stockholders of the Parent Company, other than a merger or consolidation
                which would result in the voting securities of the Parent Company
                outstanding immediately prior thereto continuing to represent (either
                by
                remaining outstanding or by being converted into voting securities
                of the
                surviving entity) more than fifty percent (50%) of the total voting
                power
                represented by the voting securities of the Parent Company, or such
                surviving entity outstanding immediately after such merger or
                consolidation, or the stockholders of the Parent Company approve
                a plan of
                complete liquidation of the Parent Company; or

            

    

     

    
      	
            	iv.	
              the
                date of the consummation of the sale or disposition by the Parent
                Company
                of all or substantially all the Parent Company's
                assets.

            

    

     

    
      	 	
              5.4.3

            	
              Constructive
                Termination.
                “Constructive Termination” means Executive’s resignation from his
                employment within ninety (90) days, plus any applicable thirty (30)
                day
                cure period, following the occurrence of any of the following without
                Executive’s consent: 

            

    

     

    
      	
            	i.	
              a
                significant reduction of Executive’s duties, position or responsibilities
                relative to Executive’s duties, position or responsibilities in effect
                immediately prior to such reduction; provided, however, that a reduction
                in duties, position or responsibilities solely by virtue of the Parent
                Company being acquired and made part of a larger entity will not
                constitute a “Constructive Termination”; or

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	ii.	
              a
                reduction of more than ten percent (10%) by the Company of Executive’s
                Company Salary as in effect either on the Effective Date or immediately
                prior to such reduction (other than as part of an overall reduction
                applicable to similarly situated senior executives of the Company,
                Parent
                Company or its successor). 

            

    

     

    In
      each
      case, prior to Executive being permitted to resign from his employment due
      to a
“Constructive Termination”, the Company will have thirty (30) days to cure any
      such alleged breach, assignment, reduction or requirement, after Executive
      provides the Company written
      notice of the actions or omissions constituting such breach, assignment,
      reduction or requirement.

     

    
      	
            	5.4.4	
              Disability.
                “Disability” means that Executive is determined by the Company to be
                disabled under the provisions of the Disability Insurance, and Executive
                has received long-term disability benefits for a period of at least
                three
                (3) months under such plan.

            

    

     

    
      	
            	5.4.5	
              Termination
                Date.
                Subject to the requirements of Section 9, “Termination Date” means the
                effective date of any notice of termination delivered by one Party
                to the
                other hereunder.

            

    

     

    

    
      	
            	5.5	
              Conditions
                to Receive Severance Package.
                The severance payments described in Section 5 will be provided to
                Executive only if Executive executes and delivers to the Company, and
                does not revoke, a general release of claims in a form acceptable
                to the
                Company.

            

    

    

    
      	
              6.

            	
              Advanced
                Study Fund 

            

    

    

    
      	 	
              6.1

            	
              The
                Company shall pay to Executive an amount equal to 7.5% of the Company
                Salary for purposes of advanced study (the “Study Fund”). From the Study
                Fund, the Company shall make monthly contributions on behalf of Executive
                to a recognized advanced study fund (“Keren
                Hishtalmut”),
                provided that said contribution does not exceed the applicable ceiling
                for
                tax credit and/or tax deduction purposes, in which case said contribution
                shall be up to the applicable ceiling and any excess amounts remaining
                as
                the Study Fund shall be paid to Executive. In addition, the Company
                shall
                deduct 2.5% from the Company Salary, up to the applicable ceiling
                for tax
                credit and/or tax deduction purposes, also to be paid to the Keren
                Hishtalmut.

            

    

    

    
      	 	
              6.2

            	
              Executive
                shall be responsible for any tax imposed in connection with contributions
                to the Fund and/or Study Fund, including any of the Company’s
                contributions.

            

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	7.	
              Vacation 

            

    

    

    
      	 	
              7.1

            	
              Executive
                shall be entitled to paid vacation in accordance with Company policy.
                

            

    

    

    
      	 	
              7.2

            	
              Vacation
                shall be taken in accordance with Company policy and subject to
                Executive’s superior's approval. 

            

    

    

    
      	 	
              7.3

            	
              Executive
                will make every reasonable effort to exercise his annual Vacation.
                However, if he is unable to exercise all the Vacation days, he shall
                be
                entitled to accumulate the unexercised balance of the Vacation days,
                up to
                a maximum amount of double the number of annual Vacation days available
                as
                provided in subsection 7.1. above (the “Maximum Amount”), provided
                that Executive will take at least seven consecutive annual working
                days
                vacation each year. Any accumulation of Vacation days in excess of
                the
                Maximum Amount requires the approval of the
                Company.

            

    

    

    
      	8.	
              Other
                Payments

            

    

    

    
      	 	
              8.1

            	
              Sick
                Leave: Executive shall be entitled to sick leave (“Yemei Mahala”)
                as provided by the Sickness Pay Law,
                5736-1976.

            

    

    

    
      	 	
              8.2

            	
              Recreation
                Pay: Executive shall be entitled to annual recreation pay (“Dmey
                Havra-ah”)
                in an amount to be determined in accordance with the
                law.

            

    

    

    
      	
            	8.3	
              Military
                Reserve Duty: In the event that Executive will be called to military
                reserve duty (including a “one-day” military reserve duty), the Company
                shall pay him the full Company Salary for the period in which he
                was
                called to military reserve duty, for a maximum period of two months,
                provided that Executive supplies the Company with an appropriate
                certificate in order to receive the amounts due from the National
                Insurance Institute.

            

    

    

    
      	 	
              8.4

            	
              Expenses
                Reimbursement: Executive shall be entitled to reimbursement for all
                actual
                expenses arising out of travel, lodging and meals whether in Israel
                or
                abroad, provided that he provides proper documentation and that such
                business expenses have been approved in advance by the
                Company.

            

    

    

    
      	
            	8.5	
              Vehicle:

            

    

     

    
      	
            	8.5.1	
              The
                Company shall provide Executive with the use of a motor vehicle in
                a class
                and model approved by the Compensation Committee (the “Car”). The Car
                shall belong to or be leased by the Company and shall be registered
                in the
                Company’s name for use by the Executive during the period of his
                employment with the Company.

            

    

     

    
      	
            	8.5.2.	
              The
                Company shall bear all the fixed and variable costs of the Car, including
                licenses, insurance, gasoline, regular maintenance and repairs. The
                Executive shall bear the costs of any tickets, traffic offense or
                fines of
                any kind. The Company shall bear all the tax consequences of the
                Executive
                in relation to the allocation of the Car.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	
            	8.5.3.	
              Any
                expenses, payments or other benefits that are made in connection
                with the
                Car shall not be regarded as part of the Company Salary, for any
                purpose
                or matter, and no social benefits or other payments shall be paid
                on its
                account.

            

    

     

    
      	 	
              8.6

            	
              Mobile
                Phone: The
                Company shall provide Executive a portable cellular phone for work-related
                purposes and shall bear the expenses thereof, in accordance with
                Company
                policy. 

            

    

     

    
      	9.	
              Term
                and Termination 

            

    

    

    
      	 	
              9.1

            	
              Executive’s
                employment by the Company under the terms of this Agreement shall
                commence
                on the date specified in the opening paragraph of this Agreement,
                and
                shall continue in full force and effect until terminated pursuant
                to the
                terms hereof.

            

    

    

    
      	 	
              9.2

            	
              Executive's
                employment may be terminated by either party, at any time and for
                any
                reason, pursuant to the delivery of ninety (90) days’ prior written notice
                by the terminating party (hereinafter the “Notice Period”).
                

            

    

    

    
      
        	
              	9.3	
                During
                  the Notice Period, Executive shall continue to render services
                  to the
                  Company until the termination of the Notice Period, and cooperate
                  with the
                  Company in assisting the integration of the person who will assume
                  his
                  responsibilities. Notwithstanding the aforementioned, the Company
                  shall
                  have the right not to take advantage of the full Notice Period
                  and may
                  terminate Executive‘s employment at any time during the Notice Period. In
                  the event of such termination, the Company shall pay Executive’s full
                  Company Salary and Executive shall be entitled to use of the Car
                  and Phone
                  for the remainder of the Notice
                  Period.

              

      

    

    

    
      	 	
              9.4

            	
              To
                avoid any doubt, it is hereby expressed that the Company reserves
                the
                right not to take advantage of the Notice Period, in both the event
                the
                notice of termination of employment was delivered by the Company,
                or in
                the event that it was delivered by Executive, and such an event shall
                not
                constitute a dismissal of employment by the Company.
                

            

    

    

    
      	 	
              9.5

            	
              Notwithstanding
                the foregoing, the Company may terminate the employment without the
                delivery of a prior written notice, in the event of termination under
                the
                circumstances which deprive an employee of severance payment according
                to
                Israeli Law, including the breach of the confidentiality and
                non-competition provisions of this Agreement and/or breach of fiduciary
                duties.

            

    

    

    
      	 	
              9.6

            	
              In
                the event that Executive terminates his employment with the Company,
                for
                any reason, without the delivery of a prior written notice, the Company
                shall be entitled to deduct from any debt which it owes Executive
                an
                amount equal to the Company Salary that would have been due to his
                account
                for the Notice Period during which he should have worked pursuant
                hereto.

            

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

     

    
      	10.	
              The
                Exclusivity of the
                Agreement

            

    

    

    
      	 	
              10.1

            	
              This
                Agreement is personal and the terms and conditions of the employment
                shall
                be solely as set forth herein. 

            

    

    

    
      	 	
              10.2

            	
              This
                Agreement is personal and shall not invoke the provisions of any
                collective bargaining agreement (“Heskem
                Kibutsi”),
                collective arrangement (“Hesder
                Kibutsi”),
                extension orders (“Tzavei
                Har’hava”)
                or any other custom, except and only to the extent so mandated by
                law.

            

    

    

    
      	 	
              10.3

            	
              This
                Agreement is the entire agreement between the parties with respect
                to the
                subject matter hereof, together with the agreement entitled “Wintegra,
                Inc. - Jacob (Kobi) Ben Zvi Employment Agreement” and supersedes all prior
                understandings, agreements and discussions between the parties, oral
                or
                written.

            

    

    

    
      	11.	
              No
                Impediment 

            

    

    

    Executive
      warrants, confirms, and undertakes that he is entitled to enter into this
      Agreement and to assume all the obligations pursuant hereto, that there is
      no
      contractual or other impediment on his entering into this Agreement and to
      his
      engagement by the Company, and that in entering into this Agreement he is not
      in
      breach of any other agreement or obligation to which he is or had been a
      party.

    

    
      	
              12.

            	
              Confidentiality
                and Intellectual Property Assignment
                

            

    

    

    
      	
            	12.1	
              As
                a condition precedent to the entering into effect of this Agreement,
                Executive shall execute the Confidentiality, Non-competition and
                Proprietary Information Assignment undertaking attached hereto as
                Appendix
                B.
                

            

    

    

    
      	
            	12.2	
              Executive
                agrees that the terms and conditions of this Agreement shall remain
                confidential at all times, and shall not be disclosed to any other
                person,
                including other employees of the Company.

            

    

    

    
      	13.	
              Miscellaneous 

            

    

    

    
      	 	
              13.1

            	
              Executive
                shall bear all tax payments deriving from the rights and benefits
                granted
                under this Agreement. It is hereby expressed that all the amounts
                specified in this Agreement are gross, and statutory tax and all
                the other
                compulsory payments, including health insurance contributions and
                national
                insurance contributions, shall be deducted from them and from all
                the
                rights and benefits received by Executive pursuant hereto. Executive
                shall
                be responsible for any tax imposed in connection with contributions
                to the
                Fund and/or Study Fund, including any of the Company’s contributions.
                

            

    

    

    
      	 	
              13.2

            	
              The
                Company’s failure or delay in enforcing any of the provisions of this
                Agreement shall not in any way be construed as a waiver of any such
                provisions, or prevent the Company thereafter from enforcing each
                and
                every other provision of this Agreement which were previously not
                enforced.

            

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

       

    

    
      	 	
              13.3

            	
              Any
                modification or amendment to the provisions of this Agreement and
                the
                appendixes hereto shall be valid only if effected in writing and
                signed by
                both parties hereto.

            

    

    

    
      	
            	13.4	
              This
                Agreement may be assigned by the Company to any third party, at its
                sole
                discretion. Executive may not assign or delegate his rights and
                obligations under this Agreement to any other party without the Company’s
                prior written approval. 

            

    

    

    
      	 	
              13.5

            	
              In
                the event that any provision of this Agreement shall be deemed unlawful
                or
                otherwise unenforceable, such provision shall be severed from this
                Agreement and all other provisions of the Agreement shall continue
                in full
                force and effect.

            

    

    

    
      	
            	13.6	
              This
                Agreement shall be governed by the laws of the State of Israel, and
                 the
                competent courts in the district of Tel Aviv shall have exclusive
                jurisdiction over any dispute arising between the parties with respect
                of
                this Agreement.

            

    

    

    
      	 	
              13.7

            	
              The
                division into clauses and the headings thereto are designated for
                convenience purposes and shall not be used in the interpretation
                hereof.
                All appendices attached hereto comprise an integral part
                hereof.

            

    

    

    

    IN
      WITNESS WHEREOF,
      the
      parties have duly executed this Employment Agreement on the day and year set
      forth above.

    

    

    
      	
              COMPANY:

               

              Wintegra
                Ltd.

            	 	 

    

     

    
      	 	 	 	 	 
	
              By:

            	    
/s/	 	
              Date:
                

            	   	
               

            
	 	
            	 	 	 	 
	
              Title:

            	            
              CFO	 	 	 	 

    

     

    
      	 	 	 	 	 
	 	 	 	 	 
	 	 	 	 	 
	
              EXECUTIVE:

            	
            	
               

            	 	
               

            
	 	 	 	 	 
	  
/s/
              Jacob (Kobi) Ben Zvi	 	Date:	   	 
	
              Jacob
                (Kobi) Ben Zvi

            	 	 	 	 

    

    

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    APPENDIX
      A

    

    Translation
      from the Hebrew

    

    GENERAL
      APPROVAL REGARDING PAYMENTS BY EMPLOYERSTO A 

    PENSION
      FUND AND INSURANCE FUND IN LIEU OF SEVERANCE 

    PAYUNDER
      THE SEVERANCE PAY LAW, 5723-1963

    

    By
      virtue
      of my power under Section 14 of the Severance Pay Law, 5723-1963 (hereinafter:
      the “Law”),
      I
      certify that payments made by an employer commencing from the date of the
      publication of this approval for the sake of his employee to a comprehensive
      pension provident fund that is not an insurance fund within the meaning set
      forth in the Income Tax Regulations (Rules for the Approval and Conduct of
      Provident Funds), 5724-1964 (hereinafter: the “Pension
      Fund”)
      or to
      managers’ insurance which includes the possibility to receive annuity payments
      under an insurance fund as aforesaid, (hereinafter: the “Insurance
      Fund”),
      including payments made by the employer by a combination of payments to a
      Pension Fund and an Insurance Fund (hereinafter: “Employer’s
      Payments”),
      shall
      be made in lieu of severance pay due to said employee with respect to the salary
      from which said payments were made and for the period they were paid
      (hereinafter: the “Exempt
      Salary”),
      provided that all the following conditions are fulfilled:

    

    
      	
            	(1)	
              The
                Employer’s Payments –

            

    

    

    
      	 	
              (a)

            	
              to
                the Pension Fund are not less than 14 1/3% of the Exempt Salary or
                12% of
                the Exempt Salary if the employer pays, for the sake of his employee,
                in
                addition thereto, payments to supplement severance pay to a severance
                pay
                provident fund or to an Insurance Fund in the employee's name, in
                the
                amount of 2 1/3 % of the Exempt Salary. In the event that the employer
                has
                not paid the above mentioned 2 1/3% in addition to said 12%, his
                payments
                shall come in lieu of only 72% of the employee’s severance
                pay;

            

    

    

    
      	 	
              (b)

            	
              to
                the Insurance Fund are not less than one of the
                following:

            

    

    

    
      	 	
              (i)

            	
              13
                1/3% of the Exempt Salary, provided that, in addition thereto, the
                employer pays, for the sake of his employee, payments to secure monthly
                income in the event of disability, in a plan approved by the Commissioner
                of the Capital Market, Insurance and Savings Department of the Ministry
                of
                Finance, in an amount equivalent to the lower of either an amount
                required
                to secure at least 75% of the Exempt Salary or in an amount of 2
                1/2% of
                the Exempt Salary (hereinafter: “Disability
                Insurance Payment”);

            

    

    

    
      	 	
              (ii)

            	
              11%
                of the Exempt Salary, if the employer paid, in addition, the Disability
                Insurance Payment; and in such case, the Employer’s Payments shall come in
                lieu of only 72% of the employee’s severance pay. In the event that the
                employer has made payments in the employee’s name, in addition to the
                foregoing payments, to a severance pay provident fund or to an Insurance
                Fund in the employee’s name, to supplement severance pay in an amount of 2
                1/3% of the Exempt Salary, the Employer’s Payments shall come in lieu of
                100% of the employee’s severance
                pay.

            

    

     

    
      
        
        

      

      
        
        

        
          

        

      

      
        
        

      

    

    
 

    
      	 	
              (2)

            	
              No
                later than three months from the commencement of the Employer’s Payment, a
                written agreement was executed between the employer and the employee,
                which includes:

            

    

    

    
      	 	
              (a)

            	
              the
                employee’s consent to an arrangement pursuant to this approval, in an
                agreement specifying the Employer’s Payments, the Pension Fund and the
                Insurance Fund, as the case may be; said agreement shall also incorporate
                the text of this approval;

            

    

    

    
      	 	
              (b)

            	
              an
                advance waiver by the employer of any right which he may have to
                a refund
                of monies from his payments, except in cases in which the employee’s right
                to severance pay was denied by a final judgment pursuant to Section
                17 of
                the Law, and in such a case or in cases in which the employee withdrew
                monies from the Pension Fund or Insurance Fund, other than by reason
                of an
                entitling event; for these purposes an “Entitling Event” means death,
                disability or retirement at or after the age of 60.
                

            

    

    

    
      	 	
              (3)

            	
              This
                approval shall not derogate from the employee’s right to severance pay
                pursuant to any law, collective agreement, extension order or employment
                agreement with respect to compensation in excess of the Exempt
                Salary.

            

    

    

    15th
      Sivan 5758 (June 9th,
      1998).

     

    
      
        
        

      

      
        -2-

        
          

        

      

      
        
        

      

    

    

    APPENDIX
      B

    

    Confidentiality,
      Non-competition and Proprietary Information Agreement

    

    My
      obligations under this Confidentiality and Intellectual Property Assignment
      Agreement (hereafter “Agreement”) are towards (i) Wintegra Ltd. (the “Company”)
      (ii) its present and future parent companies, subsidiaries and affiliates and
      successors. All of the aforementioned entities shall be referred to collectively
      as the “Company’s Entities”. As a condition of my employment with Wintegra Ltd.
      corporation, its parents, subsidiaries, affiliates, successors or assigns
      (collectively, the “Company”) and in consideration of my receipt of confidential
      information upon execution of this Agreement and my receipt of the compensation
      now and hereafter paid to me by Company, I agree to the following terms and
      conditions of this Confidentiality, Non-competition and Proprietary Information
      Agreement (the “Agreement”) which shall be effective as of the date set forth in
      the signature block (“Effective Date”) 

    

    
      	1.	
              Confidentiality

            

    

    

    I
      will
      regard and retain as confidential and will not divulge to any third party,
      or
      use for any unauthorized purposes either during or after the term of my service
      with the Company, any Confidential Information, as defined below, that I have
      acquired during my service or in connection with my service or contacts with
      the
      Company’s Entities, except as necessary in the ordinary course of performing my
      authorized duties on behalf of the Company’s Entities.

    

    
      	2.	
              Confidential
                Information

            

    

    

    “Confidential
      Information” shall include, but will not be limited to, information regarding
      research and development related to actual or anticipated products, inventions,
      whether patentable or non-patentable, hardware, software or other products,
      methods of manufacture, trade secrets, business plans, customer lists, finances,
      and any other data or information related to the business or affairs of any
      of
      the Company's Entities. Confidential Information will include information in
      written, oral or any other format. 

    

    Immediately
      upon execution of this Agreement, the Company agrees to provide me with certain
      Confidential Information regarding the Company, regardless of whether or not
      I
      am employed by the Company at such time (“Initial Disclosure”). Following the
      Initial Disclosure of Confidential Information, the Company may make available
      to me additional Confidential Information that will enable me to optimize the
      performance of my duties to the Company. Except for the Initial Disclosure,
      I
      agree that the Company will have no obligation to make available to me any
      of
      its Confidential Information after the termination of my employment

    

    
      	3.	
              Return
                of Confidential Information

            

    

    

    All
      materials including, but not limited to, documents, notes, memoranda, records,
      diagrams, blueprints, bulletins, formulas, reports, computer programs,
      databases, and any other material of any kind and in any form that contains
      Confidential Information, coming into my possession or prepared by me in
      connection with my service, are the exclusive property of the Company’s Entities
      (hereinafter the “Documents”). I agree to return to the Company’s Entities all
      such Documents upon termination of my employment, unless I acquire the Company’s
      specific written consent to release any such Document.

     

    
      
        
        

      

      
        -3-

        
          

        

      

      
        
        

      

    

    

    
      	4.	
              Ownership
                Rights

            

    

    

    Without
      additional compensation and consideration, I hereby assign and will in the
      future irrevocably assign to the Company, and acknowledge and will in the future
      acknowledge the Company’s exclusive right (including any ‘moral’ right),
      domestic and foreign, to any and all intellectual property, including, without
      limitations, all inventions, mask works, discoveries, and works of authorship,
      whether capable of being patented or copyrighted or not, which I may conceive,
      make, develop, author, or work on, in whole or in part, independently, or
      jointly with others, during the term of my employment with the Company, which
      are either (i) related to the Company’s Entities’ business; (ii) related to the
      Company’s Entities’ research and development; (iii) developed in whole or in
      part on the Company’s time or with the use of any Company’s equipment, supplies,
      facilities, or trade secret; or (iv) result directly or indirectly from any
      work
      I performed for the Company (hereinafter the “Company’s Entities’ Intellectual
      Property”). To the extent allowed by applicable law, I agree to waive any moral
      rights I may have in the Company’s Entities’ Intellectual Property.

    

    
      	5.	
              Disclosure
                and Record of
                Inventions

            

    

    

    I
      will
      promptly disclose and describe to the Company all of the inventions contained
      within the Company’s Entities’ Intellectual Property (hereinafter the
“Inventions”). I agree to keep and maintain adequate and current written records
      of all Inventions during the term of my employment with the Company’s Entities.
      The records will be in the form of notes, sketches, drawings and any other
      format that may be specified by the Company’s Entities. The records will be
      available to and remain the Company’s Entities’ sole property at all
      times.

    

    
      	6.	
              Employee
                Assistance

            

    

    

    I
      will,
      at the Company’s Entities’ expense, assist in preparation and registration of
      patents and any other intellectual property right in favor of the Company’s
      Entities, in any jurisdiction deemed appropriate by the Company’s Entities. Such
      assistance shall include, without limitation, the preparation of documents,
      drawings and other data and execution of assignments, applications and other
      forms. I agree to perform this obligation during and after my service with
      the
      Company’s Entities. In order to give full effect to this section I hereby
      irrevocably appoint the Company’s Entities (and their representatives) as my
      attorneys in fact, authorized in my name and on my behalf to execute all such
      documents.

    

    
      	7.	
              No
                Conflicting
                Obligations

            

    

    

    I
      will
      not disclose to the Company’s Entities any proprietary or confidential
      information belonging to any third party, including any prior or current
      employer or contractor, unless I have first received the written approval of
      that third party and present it to the Company’s Entities. I undertake not to
      perform any activity related to my employment with the Company’s Entities on the
      premises of any third party, or while using any equipment or materials that
      belong to any such third party, unless instructed to do so by the Company’s
      Entities.

     

    
      
        
        

      

      
        -4-

        
          

        

      

      
        
        

      

    

    

    
      	8.	
              Third
                Party Information

            

    

    

    I
      recognize that the Company’s Entities have received and will in the future
      receive from third parties such third parties’ confidential or proprietary
      information, subject to a duty on the Company’s Entities’ part to maintain the
      confidentiality of such information and to use it only for certain limited
      purposes. I agree to hold all such confidential or proprietary information
      in
      the strictest confidence and not to disclose it to any person or entity or
      to
      use it except as necessary in carrying out my services for the Company’s
      Entities, consistent with the Company’s Entities’ agreement with such third
      party.

    

    
      	9.	
              Non-Solicitation

            

    

    

    I
      agree
      that for a period of one (1) year immediately following the termination of
      my
      relationship with the Company’s Entities for any reason, whether with or without
      cause, at the option either of the Company’s Entities or myself, with or without
      notice, I will not, either directly or indirectly, solicit, induce, recruit
      or
      encourage any of the Company’s Entities’ employees to leave their employment, or
      hire or take away such employees, or attempt to solicit, induce, recruit,
      encourage, hire or take away employees of the Company’s Entities, either for
      myself or for any other person or entity.

    

    
      	10.	
              Covenant
                Not to Compete.

            

    

    

    I
      agree
      that during the course of my employment and for a period of one (1) year
      immediately following the termination of my relationship with the Company for
      any reason, whether with or without cause, at the option either of the Company
      or myself, with or without notice, I will not, either directly or indirectly,
      (i) serve as an advisor, agent, consultant, director, employee, officer,
      partner, proprietor or otherwise of, (ii) have any ownership interest in (except
      for passive ownership of one percent (1%) or less of any entity whose securities
      have been registered under the Securities Act of 1933, as amended, or
      Section 12 of the Securities Exchange Act of 1934, as amended) or (iii)
      participate in the organization, financing, operation, management or control
      of,
      any business in competition with the Company’s Entities business as conducted by
      the Company during the course of my employment with the Company. The foregoing
      covenant shall cover my activities in every part of the Territory. “Territory”
shall mean (i) all counties in the State of Texas, (ii) all other states of
      the
      United States of America and (iii) all other countries of the world; provided
      that, with respect to clauses (ii) and (iii), the Company’s Entities maintain
      non-trivial operations, facilities, or customers in such geographic area prior
      to the date of the termination of my relationship with the Company.

     

    
      
        
        

      

      
        -5-

        
          

        

      

      
        
        

      

    

    

    I
      acknowledge that my fulfillment of the obligations contained in this Agreement,
      including, but not limited to, my obligation neither to use, except for the
      benefit of the Company’s Entities, or to disclose the Confidential Information
      of the Company’s Entities and my obligation not to compete contained in the
      preceding paragraph is necessary to protect the Company’s Entities’ Confidential
      Information and to preserve the Company’s Entities value and goodwill. I further
      acknowledge the time, geographic and scope limitations of my obligations under
      the paragraph above are reasonable, especially in light of the Company’s
      Entities desire to protect its Confidential Information, and that I will not
      be
      precluded from gainful employment if I am obligated not to compete with the
      Company Entities during the period and within the Territory as described
      above.

    

    The
      covenants contained in the first paragraph of this Section 10 shall be construed
      as a series of separate covenants, one for each city, county and state of any
      geographic area in the Territory. Except for geographic coverage, each such
      separate covenant shall be deemed identical in terms to the covenant contained
      in the first paragraph of this Section 10. If, in any judicial proceeding,
      a
      court refuses to enforce any of such separate covenants (or any part thereof),
      then such unenforceable covenant (or such part) shall be eliminated from this
      Agreement to the extent necessary to permit the remaining separate covenants
      (or
      portions thereof) to be enforced. In the event the provisions of the first
      paragraph of this Section 10 are deemed to exceed the time, geographic or scope
      limitations permitted by applicable law, then such provisions shall be reformed
      to the maximum time, geographic or scope limitations, as the case may be, then
      permitted by such law.

    

    
      	11.	
              Interference

            

    

    

    I
      agree
      that during the course of my employment and for a period of one (1) year
      immediately following the termination of my relationship with the Company’s
      Entities for any reason, whether with or without cause, at the option either
      of
      the Company’s Entities or myself, with or without notice, I will not, either
      directly or indirectly, interfere with the Company’s Entities’ customer
      relationships.

    

    
      	12.	
              Breach
                of Obligation

            

    

    

    I
      am
      aware that a breach of any of the obligations under this Agreement will cause
      the Company’s Entities’ serious and irreparable harm, to which no monetary
      compensation can be an appropriate remedy. Therefore, I agree that if such
      a
      breach occurs, the Company’s Entities shall be entitled, without prejudice, to
      take all legal means necessary, including any injunctive relief, to restrain
      any
      continuation or further breach of this Agreement, without any objection from
      me
      and without the necessity of posting bond.

    

    
      	
              13.

            	
              Assignment

            

    

    

    This
      Agreement may be assigned by the Company. I may not assign or delegate my
      obligations under this Agreement without the Company's prior written approval.
      Any purported assignment in violation of this section shall be null and
      void.

     

    
      
        
        

      

      
        -6-

        
          

        

      

      
        
        

      

    

    

    
      	
              14.

            	
              Survival

            

    

    

    My
      obligations under this Agreement, except those set out in Sections 9 and 10
      (which shall be enforceable on the terms described) shall remain in full force
      after termination, for any reason, of my employment with the
      Company.

    

    
      	
              15.

            	
              Condition
                to Employment

            

    

    

    
      	 	
              I
                acknowledge that execution of this Agreement is a condition to the
                Company's Entities’
                engagement with me and the disclosure of the Initial
                Disclosure.

            

    

    
      	 	
               

            

    

    

    

    
      	
              _____________________

            	
              _____________________

            	
              __________________

            
	
              Name
                of Employee

            	
              Signature

            	
              Date

            

    

    

    
      
        
        

      

      
        -7-WINTEGRA,
      INC.

     

    JACOB
      (KOBI) BEN ZVI EMPLOYMENT AGREEMENT

     

    This
      Employment Agreement (the “Agreement”) is entered into as of January 1, 2006,
      (the “Effective Date”) by and between Wintegra, Inc. (the ”Company”) and
      Jacob (Kobi) Ben Zvi (“Executive”) (together, the “Parties”).

     

    RECITALS

     

    WHEREAS,
      Executive serves as President, Chief Executive Officer, and Chairman of the
      Board of Directors (the “Board”) of the Company; and

     

    WHEREAS,
      Executive and the Company desire to state the terms and conditions of
      Executive’s employment with the Company;

     

    NOW
      THEREFORE, for valuable consideration, the Parties agree as
      follows:

     

    1.    Duties
      and Scope of Employment.

     

    (a) Position
      and Duties.
      As of
      the Effective Date, Executive will continue to serve as President and Chief
      Executive Officer of the Company. Executive will render such business and
      professional services in the performance of his duties, consistent with
      Executive's position within the Company, as shall reasonably be assigned to
      him
      by the Board. 

     

    (b) Board
      Membership.
      As of
      the Effective Date, Executive will continue to serve as a member and Chairman
      of
      the Board, subject to any required Board and/or stockholder
      approval.

     

    (c) Obligations.
      During
      the Employment Term, Executive will perform his duties faithfully and to the
      best of his ability and will devote his full business efforts and time to the
      Company. For the duration of the Employment Term, Executive agrees not to
      actively engage in any other employment, occupation or consulting activity
      for
      any direct or indirect remuneration without the prior approval of the Board.
      Executive agrees and undertakes to inform the Company, immediately after he
      becomes aware of it, of any matter that may in any way raise a conflict of
      interest between Executive and the Company. 

     

    2.    At-Will
      Employment.
      The
      Parties agree that Executive’s employment with the Company will be “at-will”
employment and may be terminated at any time with or without Cause or notice
      by
      any Party.

     

    3.    Compensation.
      During
      the Employment Term, the Company will pay Executive as compensation for his
      services a base salary at an aggregate annualized rate of $169,600 and effective
      as of March 1, 2006, at an aggregate annualized rate of $183,168 (the “Base
      Salary”). Unless specifically set forth herein, the Base Salary includes any and
      all payments to which Executive is entitled from the Company hereunder and
      under
      any applicable law, regulation or agreement. The Base Salary includes, to the
      extent required under applicable law, reimbursement of any daily travel costs.
      The Base Salary will be paid periodically in accordance with the Company's
      normal payroll practices and be subject to the usual, required withholding.
      Executive and the Company expressly agree that Executive will be paid his Base
      Salary based on a per diem rate attributable to those days during which
      Executive performs services for the Company in the United States. Executive
      and
      the Company further expressly acknowledge that Executive will be compensated
      for
      his non-U.S. services by Wintegra Ltd., a wholly-owned subsidiary of the
      Company.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    4.    Employee
      Benefits.
      During
      the Employment Term, Executive will be entitled to participate in the employee
      benefit plans currently and hereafter maintained by the Company of general
      applicability to other similarly situated senior executives of the Company.
      The
      Company reserves the right to cancel or change the benefit plans and programs
      it
      offers to its employees at any time. In addition to generally applicable
      executive benefits, the Company will pay, on a tax-neutral basis, for
      preparation of the individual United States income tax return of
      Executive.

     

    5.    Expenses.
      The
      Company will reimburse Executive for reasonable travel, entertainment or other
      expenses incurred by Executive in the furtherance of or in connection with
      the
      performance of Executive's duties hereunder, in accordance with the Company’
expense reimbursement policy as in effect from time to time.

     

    6.    Severance
      from the Company.
      Upon
      termination of employment from the Company for any reason, Executive shall
      receive payment of (a) the Base Salary earned through the Termination Date,
      and (b) all accrued but unused vacation, expense reimbursements and any
      other benefits (other than severance benefits, except as provided below) due
      to
      Executive through the Termination Date in accordance with the Company’s
      established plans and policies or applicable law (the “Accrued Obligations”). In
      addition, the following will apply:

     

    (a) Involuntary
      Termination.
      If the
      Company terminates Executive’s employment with the Company for reasons other
      than Cause, death or Disability, or Executive resigns from his employment with
      the Company due to a Constructive Termination, then Executive shall be entitled
      to receive: 

     

    (i) continuing
      payments of severance pay (less applicable tax withholding) at the Base Salary
      rate multiplied by the percentage of Executive’s total business days that were
      worked in the United States in the most recently completed fiscal year, as
      then
      in effect, for a period of six (6) months from the Termination Date, payable
      in
      accordance with the Company’s normal payroll policies;

     

    (ii) vesting
      as of the Termination Date of such additional options as would have vested
      if
      Executive remained employed through the first anniversary of the Termination
      Date; and

     

    (iii) Company-paid
      continuation for Executive and his eligible dependents under the Company’s group
      medical, dental and vision plans as in effect for Executive on the day
      immediately preceding the Termination Date until the earlier of six (6) months
      following the Termination Date or the date Executive (or the applicable
      dependent) becomes eligible for substantially similar coverage under another
      employer’s group medical, dental, and vision plans. 

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (iv) Voluntary
      Termination; Termination for Cause, Death or Disability.
      If
      Executive’s employment with the Company is terminated voluntarily by Executive
      (other than as the result of a Constructive Termination), or terminated by
      the
      Company for Cause, or due to death or Disability, then Executive will only
      be
      entitled to his Accrued Obligations.

     

    (b) Change
      of Control Severance. If
      within
      twelve (12) months of a Change of Control of the Company, the Company terminates
      Executive’s employment with the Company for reasons other than Cause, death, or
      Disability or Executive resigns from his employment with the Company, Executive
      will be entitled to receive:

     

    (i) continuing
      payments of severance pay (less applicable tax withholding) at the Base Salary
      rate multiplied by the percentage of Executive’s total business days that were
      worked in the United States in the most recently completed fiscal year, as
      then
      in effect, for a period of twelve (12) months from the Termination Date, payable
      in accordance with the Company’s normal payroll policies;

     

    (ii) vesting
      as of the Termination Date of all unvested options granted to Executive in
      the
      event that the Company terminates Executive's employment under the circumstances
      described in Section 6(b) or in the event that Executive resigns from his
      employment with the Company due to a Constructive Termination within 12 months
      of a Change of Control; or vesting as of the Termination Date of fifty percent
      (50%) of the unvested options granted to Executive, in the event that Executive
      resigns from his employment as described in Section 6(b); 

     

    (iii) Extension
      of the exercise period enabling Executive to exercise his options through the
      first anniversary of the Termination Date; notwithstanding, in no case shall
      the
      exercise period be extended beyond the maximum term of the options. 
Additionally, the exercise period of the options may not be extended beyond
      the
      later to occur of (x) the fifteenth day of the third month after the options
      would have otherwise expired due to termination of Executive's employment,
      or
      (y) the end of the calendar year during which the options would have otherwise
      expired due to termination of Executive's employment; and 

     

    (iv) Company-paid
      continuation for Executive and his eligible dependents under the Company’s group
      medical, dental and vision plans as in effect for Executive on the day
      immediately preceding the Termination Date until the earlier of twelve (12)
      months following the Termination Date or the date Executive becomes eligible
      for
      substantially similar coverage under another employer’s group medical, dental,
      and vision plans. 

     

    (c) Conditions
      to Receive Severance Package.
      Except
      for the Accrued Obligations, the severance payments described in Section 6
      will
      be provided to Executive only if Executive executes and delivers to the
      Company, and does not revoke, a general release of claims in a form acceptable
      to the Company.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    7.    Code
      Section 409A.
      

     

    (a) Notwithstanding
      anything to the contrary in this Agreement, if the Company reasonably determines
      that Section 409A of the Internal Revenue Code of 1986, as amended (the “Code”)
      will result in the imposition of additional tax to an earlier payment of any
      severance benefits otherwise due to Executive on or within the six (6) month
      period following Executive’s termination, the severance benefits will accrue
      during such six (6) month period and will become payable in a lump sum payment
      on the date six (6) months and one (1) day following the date of Executive’s
      termination. All subsequent payments, if any, will be payable as provided in
      this Agreement.

     

    (b) This
      Agreement will be deemed amended to the extent necessary to avoid imposition
      of
      any additional tax or income recognition prior to actual payment to Executive
      under Section 409A of the Code and any temporary, proposed or final Treasury
      Regulations and guidance promulgated thereunder and the Parties agree to
      cooperate with each other and to take reasonably necessary steps in this
      regard.

     

    8.    Definitions.

     

    (a) Cause.
      For
      purposes of this Agreement, “Cause” is defined as: 

     

    (i) an
      act of
      dishonesty made by Executive in connection with Executive's responsibilities
      as
      an employee; 

     

    (ii) Executive's
      conviction of, or plea of nolo
      contendere
      to, a
      felony; 

     

    (iii) Executive's
      gross misconduct; or 

     

    (iv) Executive's
      continued substantial violations of his employment duties after Executive has
      received a written demand for performance from the Company which specifically
      sets forth the factual basis for the Company's belief that Executive has not
      substantially performed his duties.

     

    (b) Change
      of Control.
      For
      purposes of this Agreement, “Change of Control” of the Company is defined as:

     

    (i) any
      “person” (as such term is used in Sections 13(d) and 14(d) of the
      Securities Exchange Act of 1934, as amended) is or becomes the “beneficial
      owner” (as defined in Rule 13d-3 under said Act), directly or indirectly,
      of securities of the Company representing fifty percent (50%) or more of the
      total voting power represented by the Company's then outstanding voting
      securities; 

     

    (ii) a
      change
      in the composition of the Board occurring within a two (2) year period, as
      a
      result of which fewer than a majority of the directors are Incumbent Directors.
      “Incumbent Directors” will mean directors who either (A) are directors of
      the Company as of the date of the consummation of the Parent Company's public
      offering, or (B) are elected, or nominated for election, to the Board with
      the affirmative votes of at least a majority of the Incumbent Directors at
      the
      time of such election or nomination (but will not include an individual whose
      election or nomination is in connection with an actual or threatened proxy
      contest relating to the election of directors to the Company); 

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    (iii) the
      date
      of the consummation of a merger or consolidation of the Company with any other
      corporation that has been approved by the stockholders of the Company, other
      than a merger or consolidation which would result in the voting securities
      of
      the Company outstanding immediately prior thereto continuing to represent
      (either by remaining outstanding or by being converted into voting securities
      of
      the surviving entity) more than fifty percent (50%) of the total voting power
      represented by the voting securities of the Company, or such surviving entity
      outstanding immediately after such merger or consolidation, or the stockholders
      of the Company approve a plan of complete liquidation of the Company; or

     

    (iv) the
      date
      of the consummation of the sale or disposition by the Company of all or
      substantially all the Company's assets.

     

    (c) Constructive
      Termination.
      “Constructive Termination” means Executive’s resignation from his employment
      within ninety (90) days, plus any applicable thirty (30) day cure period,
      following the occurrence of any of the following without Executive’s consent:

     

    (i) a
      significant reduction of Executive’s duties, position or responsibilities
      relative to Executive’s duties, position or responsibilities in effect
      immediately prior to such reduction; provided, however, that a reduction in
      duties, position or responsibilities solely by virtue of the Company being
      acquired and made part of a larger entity will not constitute a “Constructive
      Termination”; or 

     

    (ii) a
      reduction of more than ten percent (10%) by the Company of Executive’s Base
      Salary as in effect either on the Effective Date or immediately prior to such
      reduction (other than as part of an overall reduction applicable to similarly
      situated senior executives of the Company or its successor). 

     

    In
      each
      case, prior to Executive being permitted to resign from his employment due
      to a
“Constructive Termination”, the Company will have thirty (30) days to cure any
      such alleged breach, assignment, reduction or requirement, after Executive
      provides the Company written
      notice of the actions or omissions constituting such breach, assignment,
      reduction or requirement.

     

    (d) Disability.
      “Disability” means that Executive is determined by the Company to be disabled
      under the provisions of the Company’s long-term disability plan, and Executive
      has received long-term disability benefits for a period of at least three (3)
      months under such plan.

     

    (e) Termination
      Date.
      Subject
      to the requirements of Section 11, “Termination Date” means the effective date
      of any notice of termination delivered by one Party to the other hereunder,
      such
      date being Executive’s last day of employment with the Company. 

     

    9.    Confidential
      Information.
      Executive acknowledges that he has entered into the Company’s standard
      Confidential Information and Invention Assignment Agreement (the “Confidential
      Information Agreement”) and affirms his obligations under such
      agreement.

     

    10.    Assignment.
      This
      Agreement will be binding upon and inure to the benefit of (a) the heirs,
      executors and legal representatives of Executive upon Executive's death and
      (b) any successor of the Company. Any such successor of the Company will be
      deemed substituted for the Company under the terms of this Agreement for all
      purposes. For this purpose, “successor” means any person, firm, corporation or
      other business entity which at any time, whether by purchase, merger or
      otherwise, directly or indirectly acquires all or substantially all of the
      assets or business of the Company. None of the rights of Executive to receive
      any form of compensation payable pursuant to this Agreement may be assigned
      or
      transferred except by will or the laws of descent and distribution. Any other
      attempted assignment, transfer, conveyance or other disposition of Executive’s
      right to compensation or other benefits will be null and void.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    11.    Notices.
      

     

    (a) Executive's
      employment may be terminated by either party, at any time and for any reason,
      pursuant to the delivery of ninety (90) days’ prior written notice by the
      terminating party (hereinafter the “Notice Period”). During the Notice Period,
      Executive shall continue to render services to the Company until the termination
      of the Notice Period, and cooperate with the Company in assisting the
      integration of the person who will assume his responsibilities. Notwithstanding
      the aforementioned, the Company shall have the right not to take advantage
      of
      the full Notice Period and may terminate Executive‘s employment at any time
      during the Notice Period. In the event of such termination, the Company shall
      pay Executive’s full Base Salary for the remainder of the Notice Period. To
      avoid any doubt, it is hereby expressed that the Company reserves the right
      not
      to take advantage of the Notice Period, in both the event the notice of
      termination of employment was delivered by the Company, or in the event that
      it
      was delivered by Executive, and such an event shall not constitute a dismissal
      of employment by the Company. 

     

    (b) All
      notices, requests, demands and other communications called for hereunder shall
      be in writing and shall be deemed given (i) on the date of delivery if
      delivered personally, (ii) one (1) day after being sent by a well
      established commercial overnight service, or (iii) four (4) days after
      being mailed by registered or certified mail, return receipt requested, prepaid
      and addressed to the Parties or their successors at the following addresses,
      or
      at such other addresses as the Parties may later designate in
      writing:

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

    If
      to the
      Company:

    

    Wintegra
      Inc.

    6850
      Austin Center Blvd.

    Suite
      215

    Austin,
      TX 78731

    Attn: Alon
      Rozner,
      Chief
      Financial Officer

    

    With
      a
      copy to:

    

    Wilson
      Sonsini Goodrich & Rosati

    650
      Page
      Mill Road

    Palo
      Alto, CA 94304

    Attn: Jeff
      Saper

             
Allison
      Spinner

     

    If
      to
      Executive:

     

    at
      the
      last residential address known by the Company.

     

    12.    Severability.
      In the
      event that any provision hereof becomes or is declared by a court of competent
      jurisdiction to be illegal, unenforceable or void, this Agreement will continue
      in full force and effect without said provision.

     

    13.    Integration.
      This
      Agreement, together with the Company’s stock plans, the Company’s stock options
      agreements and the agreement entitled “Wintegra Ltd. - Jacob (Kobi) Ben Zvi
      Employment Agreement”, including Appendix B thereto, represents the entire
      agreement and understanding between the Company and Executive as to the subject
      matter herein and supersedes all prior or contemporaneous agreements whether
      written or oral. No waiver, alteration, or modification of any of the provisions
      of this Agreement will be binding unless in writing and signed by duly
      authorized representatives of the Parties hereto.

     

    14.    Tax
      Withholding.
      All
      payments made pursuant to this Agreement will be subject to withholding of
      applicable taxes.

     

    15.    Governing
      Law.
      This
      Agreement will be governed by the laws of the State of Texas (with the exception
      of its conflict of laws provisions).

     

    16.    Acknowledgment.
      Executive acknowledges that he has had the opportunity to discuss this matter
      with and obtain advice from his private attorney, has had sufficient time to,
      and has carefully read and fully understands all the provisions of this
      Agreement, and is knowingly and voluntarily entering into this
      Agreement.

     

    
      
         

      

      
         

        
          

        

      

      
         

      

    

     

    IN
      WITNESS WHEREOF, each of the Parties has executed this Agreement, in the case
      of
      the Company by their duly authorized officers, as of the day and year first
      above written.

     

    
      	COMPANY:	 	 
	 	 	 
	Wintegra Inc.	 	 

    

     

    
      	 	 	 	 	 	 	 
	By:	
        [ILLEGIBLE SIGNATURE]	 	 	 Date:	 
April
              12, 2006	 
	Title:	CFO	 	 	 	 	 

    

     

    
      	 	 	 	 	 	 
	EXECUTIVE:	 	 	 	 	 
	 	 	 	 	 	 
	/s/
              Jacob Ben Zvi	 	 	 Date:	 April
              12, 2006	 
	
              Jacob
                (Kobi) Ben Zvi

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00102-of-00352.parquet"}]]