Document:

Release Agreement by Jorge Titinger

 Exhibit 10.41 
 RELEASE AGREEMENT 
 CONSIDERATION 
 (1) This Release Agreement is given in consideration of the agreement of KLA-Tencor Corporation (“KLA-Tencor” or “the Company”) to provide me with a lump sum, single payment, less deductions
authorized or required by law pursuant to the terms of Appendix 1 to my termination letter dated November 9, 2007, with the terms of Appendix 1 incorporated herein by reference. 
 (2) The amount of such lump sum payment will be $443,490.00 USD; and, provided I timely elect COBRA coverage, the Company will pay the premiums for the cost of group medical and dental benefit coverage continuation
under COBRA to the same extent previously provided by Company’s group plans for 12 months following my termination date, or until I become eligible for group insurance benefits from another employer, whichever occurs first. I understand that I
have an obligation to inform the Company if I receive group health coverage from another employer during this time, and I may not increase the number of my designated dependants if any, during this time unless I do so at my own expense. I also
understand that the period of such Company-paid COBRA coverage shall be considered part of my COBRA coverage entitlement period, and may, for tax purposes, be considered income to me. I further understand that my previously issued and vested equity
awards (stock options and RSUs), if any, will be exercisable subject to any terms and conditions in your grant letter and the Stock Plan(s). I further understand that the Company will continue to pay on my behalf the standard fees of Ayco Financial
Services for the provision of ordinary tax and finical planning services through December 31, 2007. I further agree to cooperate with Company and supply on a timely basis the consents or signatures necessary to conduct the business or terminate
my service on the boards of directors of Company subsidiaries and affiliates. Also, I understand that the Company will present resolutions to the Board at is November 7, 2007 meeting addressing the repricing of Section 409A-covered options
to the fair market value per share on the actual grant date determined for tax purposes and providing for a special bonus tied to the aggregate increase to the exercise prices of the Section 409A-covered options I hold. I further understand
that if I elect to increase the exercise prices of my Section 409A-covered options, I must, as a condition to the effectiveness of those increases, execute and deliver to the Company the appropriate Stock Option Amendment and Special Bonus
Agreement. I further understand that should I exercise those options covered under 409A prior to the repricing of said options on November 7, 2007, I will not hold KLA-Tencor liable for any associated tax penalties and understand that the tax
liability is solely mine 
 (3) I understand and agree that by signing this Release Agreement and accepting benefits as set forth herein, I am not eligible
to participate in any other KLA-Tencor Severance Benefit Plans, whether previously or currently in effect or otherwise implemented in the future. 

 RELEASE 
 Released Claims 
 In consideration of these additional benefits, I, on behalf of my heirs, spouse and assigns, hereby completely release and
forever discharge KLA-Tencor, its past and present parent companies, subsidiaries, affiliates, and each of their past and present agents, officers, directors, shareholders, employees, attorneys, insurers, successors and assigns (collectively
referred to as “Company”) from any and all claims, of any and every kind, nature and character, known or unknown, foreseen or unforeseen, based on any act or omission occurring prior to the date of my signing this Release Agreement,
including but not limited to any claims arising out of my offer of employment, my employment or termination of my employment with the Company, or my right to purchase, or actual purchase of shares of stock of the Company. The matters released
include, but are not limited to, any claims under federal, state or local laws, including claims arising under the Age Discrimination in Employment Act of 1967 (“ADEA”) as amended by the Older Workers’ Benefit Protection Act
(“OWBPA”), and any common law tort, contract or statutory claims, and any claims for attorneys’ fees and costs. 
 I understand and agree that
this Release Agreement extinguishes all claims, whether known or unknown, foreseen or unforeseen, except for those claims not released as expressly described below. I expressly waive any rights or benefits under Section 1542 of the California
Civil Code, or any equivalent statute. California Civil Code Section 1542 provides as follows: 
 “A general release does not extend
to claims which the creditor does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor.” 
 I fully understand that, if any fact with respect to any matter covered by this Release Agreement is found hereafter to be other than or different from the facts now
believed by me to be true, I expressly accept and assume that this Release Agreement shall be and remain effective, notwithstanding such difference in the facts. 
 Claims Not Released 
 The only claims not released through this Release Agreement are any claims that cannot be released by law such as
claims for unemployment benefits, workers’ compensation, and/or claims relating to the validity of this Release Agreement under the ADEA as amended by the OWBPA. 
 Enforcement of This Release Agreement 
 I also understand and agree that if any suit, affirmative defense, or
counterclaim is brought to enforce the provisions of this Release Agreement, with the exception of a claim brought by me as to the validity of this Release Agreement under the ADEA as amended by the OWBPA, the prevailing party shall be entitled to
its costs, expenses, and attorneys’ fees as well as any and all other remedies specifically authorized under the law. 

 Miscellaneous 
 I
agree and understand that the Company has no obligation to re-hire or employ me. 
 I further acknowledge that during my employment, I may have obtained
confidential, proprietary and trade secret information, including information relating to the Company’s products, plans, designs and other valuable confidential information. I agree not to use or disclose any such confidential information
unless required by subpoena or court order, and that I will first give the Company written notice of such subpoena or court order with reasonable advance notice to permit the Company to oppose such subpoena or court order if it chooses to do so.

 This Release Agreement constitutes the entire agreement between myself and the Company with respect to any matters referred to in this Release Agreement.
This Release Agreement supersedes any and all of the other agreements between me and the Company, except for the Proprietary Information and Inventions Agreement, attached hereto as Attachment 1, which remain in full force and effect.
No other consideration, agreements, representations, oral statements, understandings or course of conduct which are not expressly set forth in this Release Agreement should be implied or are binding. I understand and agree that this Release
Agreement shall not be deemed or construed at any time or for any purposes as an admission of any liability or wrongdoing by either myself or the Company. I also agree that if any provision of this Release Agreement is deemed invalid, the remaining
provisions will still be given full force and effect. The terms and conditions of this Release Agreement will be interpreted and construed in accordance with the laws of California, without resort to its conflict-of-laws rules. 
 Prior to execution of this Release Agreement, I have apprised myself of sufficient relevant information in order that I might intelligently exercise my own judgment. The
Company has informed me in writing to consult an attorney before signing this Release, if I wish. The Company has also given me at least 21 days in which to consider this Release Agreement, if I wish. I also understand that for a period of seven
(7) days after I sign this Release Agreement, I may revoke this Release Agreement, and that the Release Agreement shall not become effective until seven (7) days from the date of my signature. 
 I have read this Release Agreement and understand all of its terms. I further acknowledge and agree that this Release Agreement is executed voluntarily and with full
knowledge of its legal significance. 
 Finally, I agree that I will not disclose voluntarily or allow anyone else to disclose either the existence, reason
for or contents of this Release Agreement without the Company’s prior written consent, unless required to do so by law. Notwithstanding this provision, I am authorized to disclose this Release Agreement to my spouse, attorneys and tax advisors
on a “need to know” basis, on the condition that they agree to hold the terms of the Release Agreement, including the settlement payments, in strictest confidence. I am further authorized to make appropriate disclosures as required by law,
provided that I notify the Company in writing of such legal obligations to disclose at least five (5) business days in advance of disclosure. 

 EMPLOYEE’S ACCEPTANCE OF RELEASE 
 I HAVE CAREFULLY READ AND FULLY UNDERSTAND AND VOLUNTARILY AGREE TO ALL THE TERMS OF THE RELEASE IN EXCHANGE FOR THE ADDITIONAL BENEFITS TO WHICH I WOULD OTHERWISE NOT
BE ENTITLED. 
  

					
			
	Dated: October 10, 2007	 		 	/s/ JORGE TITINGER
		 		 	Jorge Titinger

 Appendix 1 
 Notwithstanding any provision to the contrary in this Senior Executive Agreement or the attached Release Agreement, in the event it is determined that you are a “specified employee”, as defined in IRC
Section 409A(a)(2)(B)(i) any payment to be made under this agreement and the attached release that is “nonqualified deferred compensation” subject to Section 409A of the Internal Revenue Code of 1986, as amended (“IRC
Section 409A”) shall be delayed until the earlier of (i) the expiration of the six (6)-month period measured from the date of your separation from service from the Company (as determined under IRC Section 409A and
the applicable regulations thereunder) or (ii) the date of your death, if delayed issuance of all or a portion of such payment is otherwise required in order to avoid a prohibited distribution under IRC Section 409A(a)(2). Upon the
expiration of the applicable IRC Section 409A(a)(2) deferral period, all payments deferred pursuant to this paragraph will be issued in a lump sum to you. 
 The payments in this Senior Executive Agreement and the attached Release Agreement, to the extent they relate to nonqualified deferred compensation subject to IRC Section 409A, are intended to comply with the
applicable requirements of that statutory provision and the regulations thereunder, including any transitional relief provided by the Internal Revenue Service. The payments in this agreement may not be accelerated, except in compliance with any
applicable provisions of IRC Section 409A and the regulations thereunder. Both parties acknowledge that you had no right to any of the payments and other benefits in this agreement prior to the effective date of this letter. Any amendments to
this arrangement will require the written consent of you and me. Notwithstanding the forgoing sentence to the contrary, the Company reserves the right, to the extent the Company deems necessary or advisable in its sole discretion, to unilaterally
amend or modify this agreement and release as may be necessary to ensure all payments provide under this agreement and release are made in a manner that qualifies for exemption from or complies with IRC Section 409A; provided however, that the
Company makes no representations that the payments provided under the agreement and release will be exempt from or comply with IRC Section 409A and makes no undertakings to preclude IRC Section 409A from applying to the payments provided
under this agreement and release. 
 Because IRC Section 409A is a relatively new tax provision as to which there exists only limited
guidance from the Internal Revenue Service as to its applicability to various arrangements, including part-time employment arrangements such as your Position arrangement, the Company cannot provide any assurances as to whether one or more aspects of
your Position arrangement are in compliance with the applicable requirements of IRC Section 409A. Accordingly, you must bear the entire risk with respect to the non-compliance of your arrangement with IRC Section 409A, By signing and
accepting this letter below, you thereby knowingly and voluntarily release the Company and its officers, employees and board of directors from any and all claims or causes of action relating to any adverse tax consequences that you may incur under
IRC Section 409A (or any comparable state tax law) by reason of your Position arrangement, and you further agree that you will not seek any indemnification from the Company or its officers, employees or board of directors for any taxes,
penalties or other costs or expenses you may incur should any aspect of your Position arrangement be found to be in violation of IRC Section 409A (or comparable state tax law). In order to expeditiously deal with 

 
any disputes relating to or arising out of our employment relationship, you and the Company agree that any such disputes including but not limited to claims
of harassment, discrimination, breach of contract, and wrongful termination, shall be fully and finally resolved by binding arbitration conducted by the American Arbitration Association in Santa Clara, California, pursuant to the Arbitration Rules
set forth in California Code of Civil Procedure Section 1280, et seq., including Section 1283.05, and pursuant to the Federal Arbitration Act. The Company will pay the costs as provided in the American Arbitration Association’s
Employment Arbitration Rules then in effect. 
 This letter and attached Release Agreement constitute the entire agreement between yourself and the Company
with respect to any matters referred to herein and supersedes any and all of the other agreements between yourself and the Company with respect to these matters, except for any confidentiality agreements and your Proprietary Information and
Inventions Assignment Agreement with the Company which remain in full force and effect. No other consideration, agreements, representations, oral statements, understandings or course of conduct which are not expressly set forth herein should be
implied or are binding. In the event that any provision hereof becomes or is declared by a court of competent jurisdiction to be illegal, unenforceable or void, the remaining provisions shall continue in full force and effect without said provision
so long as the remaining provisions remain intelligible and continue to reflect the original intent of the Parties. Other than as governed by the Federal Arbitration Act, the terms and conditions of this agreement will be interpreted and construed
in accordance with the laws of California.Separation Agreement and General Release

 Exhibit 10.1 
 

 
 SEPARATION AGREEMENT AND GENERAL RELEASE 
 This Agreement and General Release (“Agreement”) is between Howard Handler (“Employee” or “you”) and Virgin Mobile USA,
L.P. (the “Company”). 
 1. You acknowledge that your last date of employment with the Company is March 31, 2008 (the
“Separation Date”). You will receive the value of any accrued but unused vacation following your Separation Date and your 2007 annual bonus and 2007 debt bonus at the same time as other employees based on company performance at the end of
February. The Separation Date shall be the last date of your employment for purposes of participation in and coverage under all benefit plans and programs sponsored by or through the Company. You acknowledge and agree that the Company shall have no
obligation to rehire you, or to consider you for employment, after the Separation Date. You agree that you will not seek employment with the Company at any time in the future. 
 2. Following the Effective Date of this Agreement (see paragraph 13, below), the Company agrees to provide the following payments and benefits, all of
which shall be treated as separate payments under Section 409A of the Internal Revenue Code: 
 (a) severance pay in the amount of
$312,000 (one times annual base salary) less applicable tax withholdings and other payroll deductions. This payment will be made in equal installments each pay period for 12 months following the Separation Date. In the event of your death following
the commencement of payments, the remaining balance of payments, if any, will be paid in a single lump sum payment to your estate as soon as practicable following your death. 
 (b) severance pay in the amount of $187,200 (an amount equal to 80% of your 2008 annual bonus target) less applicable tax withholdings and other payroll
deductions. Payment of this amount shall commence on the earlier of (i) October 1, 2008, in which case you will receive a payment of $93,600 (less applicable tax withholdings and other payroll deductions) on October 1, 2008 and the
remaining amount of $93,600 (less applicable tax withholdings and other payroll deductions) will be paid to you in equal installments each pay period for six (6) months following such date or (ii) your date of death, in which case the
payments will be made in a single lump sum to your estate. In the event of your death following the commencement of payments on October 1, 2008, the remaining balance of payments, if any, will be paid in a single lump sum payment to your estate
as soon as practicable following your death. 
 (c) severance pay in an amount equal to three months of your 2008 annual bonus target) less
applicable tax withholding and other payroll deductions adjusted for company performance during the January-June 2008 performance period. The payment will be made to you in a single lump sum on the earlier of (i) October 1, 2008 or
(ii) your date of death. 
  

 (d) continuation of benefits (including medical, dental and vision) at active employee rates through
COBRA for a period of 12 months following the Separation Date. You will be responsible for paying the full COBRA premium for benefit coverage extending beyond the 12-month period. 
 (e) accelerated vesting of outstanding equity that would otherwise have become vested in the twelve-month period following your Separation Date. This
means that as of your Separation Date the following options and restricted stock units will be vested: 
 Vested and Unvested options as of
March 31, 2008 including acceleration 
  

													
	 Grant Date
	  	Vesting
Date	  	Grant
Type	  	Options/
RSUs
Granted	  	Grant
Price	  	Vested
Options/
RSUs	  	Unvested
Options/
RSUs
	 05/23/07
	  	05/23/07	  	RS	  	8,536	  	N/A	  	2,134	  	6,402
	 06/01/06
	  	06/01/06	  	Option	  	21,339	  	17.45	  	10,670	  	10,669
	 07/01/05
	  	07/01/05	  	Option	  	10,670	  	17.45	  	8,003	  	2,667
	 01/06/03
	  	01/06/03	  	Option	  	170,716	  	14.64	  	170,716	  	0
	 10/10/07
	  	07/01/07	  	Option	  	40,444	  	15.00	  	10,111	  	30,333
	 10/10/07
	  	10/10/07	  	RSU	  	30,000	  	N/A	  	15,000	  	15,000

 All other unvested options, restricted stock and restricted stock units not listed in the above
table will be forfeited as of your Separation Date. 
 (f) extension of the period of time to exercise your vested options from the current 90
day period following your Separation Date to 18 months following your Separation Date. This means that vested options that are not exercised will expire on September 30, 2009. 
 3. You acknowledge and agree that the payment(s) and other benefits provided pursuant to this Agreement exceed(s) any payment, benefit, or other thing of
value to which you might otherwise be entitled under any policy, plan or procedure of the Company and/or any agreement between you and the Company. 
 4. (a) In consideration for the payment and benefits to be provided to you pursuant to paragraph 2 above, you, for yourself and for your heirs, executors, administrators, trustees, legal representatives and assigns (hereinafter referred to
collectively as “Releasors”), forever release and discharge the Company and its past, present and future parent entities, subsidiaries, divisions, affiliates and related business entities, successors and assigns, assets, employee benefit
plans or funds, and any of its or their respective past, present and/or future directors, officers, fiduciaries, agents, trustees, administrators, employees and assigns, whether acting on behalf of the Company or in their individual capacities
(collectively the “Company Entities”) from any and all claims, demands, causes of action, fees and liabilities of any kind whatsoever, whether known or unknown, 

  

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which you ever had, now have, or may have against any of the Company Entities by reason of any act, omission, transaction, practice, plan, policy, procedure,
conduct, occurrence, or other matter up to and including the date on which you sign this Agreement. 
 (b) Without limiting the generality of
the foregoing, this Agreement is intended to and shall release the Company Entities from any and all claims, whether known or unknown, which Releasors ever had, now have, or may have against the Companies Entities arising out of your employment
and/or your separation from that employment, including, but not limited to: (i) any claim under the Age Discrimination in Employment Act, Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, Section 1981 of the Civil
Rights Act of 1866, the Americans with Disabilities Act, the Equal Pay Act, the Immigration Reform and Control Act of 1986, the Employee Retirement Income Security Act of 1974 (excluding claims for accrued, vested benefits under any employee benefit
or pension plan of the Company Entities subject to the terms and conditions of such plan and applicable law), the Family and Medical Leave Act, and the Sarbanes-Oxley Act of 2002 (a federal whistleblower law); (ii) any claim under the New
Jersey Law Against Discrimination, the New Jersey Family Leave Act, the New Jersey Conscientious Employee Protection Act (also known as the Whistleblower Statute), the New Jersey State Wage and Hour Law, the New Jersey Civil Rights Act, the New
Jersey Political Activities of Employees law, the New Jersey Jury Duty Protection law, the New Jersey Lie Detector Testing law, the New Jersey Tobacco Use law and the New Jersey Genetic Testing Law; (iii) any other claim (whether based on
federal, state, or local law, statutory or decisional) relating to or arising out of your employment, the terms and conditions of such employment, the termination of such employment, and/or any of the events relating directly or indirectly to or
surrounding the termination of that employment, including but not limited to breach of contract (express or implied), wrongful discharge, detrimental reliance, defamation, emotional distress, claims for salary, pay, benefits (except for vested
benefits), bonuses, commissions, or other wage compensation, or compensatory or punitive damages; and (iv) any claim for attorneys’ fees, costs, disbursements and/or the like. Nothing in this Agreement shall be a waiver of claims that may
arise after the date on which you sign this Agreement. 
 (c) In consideration for your agreements contained herein, the Company, for itself
and its affiliates, successors and assigns (hereinafter referred to collectively as “Company Releasors”), forever release and discharge you and your administrators, heirs and agents, successors and assigns from any and all claims, demands,
causes of action, fees and liabilities of any kind whatsoever, known as of the Effective Date, which the Company Releasors ever had or now have against you or the released parties set forth above by reason of any act, omission,
transaction, practice, plan, policy, procedure, conduct, occurrence, or other matter up to and including the Effective Date; notwithstanding the foregoing, the Company’s release of claims set forth in this paragraph 5(c) does not include any
claims, demands, causes of action, fees or liabilities arising out of facts of which the Company is unaware as of the Effective Date. 
 (d)
The Company hereby agrees to defend, hold harmless and indemnify you in any suits or claims arising from actions arising from or during the course of your employment on the same basis as with other similarly situated officers and directors and in
accordance with, and subject to the terms of, the Company’s By-Laws, as amended, and applicable law. In addition, to the extent the Company maintains directors’ and officers’ insurance for its directors and officers, the
Company shall continue to maintain such insurance for you, covering costs, charges and expenses incurred in connection with any action, suit or proceeding to which you may be made a party by reason of having been a director or officer of the
Company. 
  

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 5. You represent that you have returned (or will return no later than your Separation Date) to the
Company all property belonging to the Company and/or the Company Entities, including but not limited to all documents, materials, records or other items in your possession or control belonging to the Company and/or the Company Entities or containing
any proprietary information relating to the Company and/or the Company Entities, and that you have not (or will not) retain any copies of such items. You further agree that you have surrendered (or will surrender) to the Company your laptop, cell
phone, keys, card access to the building and office floors, Employee Handbook, phone card, rolodex (if provided by the Company and/or the Company Entities), computer user name and password, disks and/or voicemail code. You further acknowledge and
agree that the Company shall have no obligation to make the payment(s) and provide the benefits referred to in paragraph 2 above until you have satisfied all your obligations pursuant to this paragraph. 
 6. If any provision of this Agreement is held by a court of competent jurisdiction to be illegal, void or unenforceable, such provision shall have no
effect; however, the remaining provisions shall be enforced to the maximum extent possible. 
 7. (a) This Agreement is not intended, and
shall not be construed, as an admission of the Company has violated any federal, state or local law (statutory or decisional), ordinance or regulation, breached any contract or committed any wrong whatsoever against you. 
 (b) Should any provision of this Agreement require interpretation or construction, it is agreed by the parties that the entity interpreting or
constructing this Agreement shall not apply a presumption against one party by reason of the rule of construction that a document is to be construed more strictly against the party who prepared the document. 
 8. This Agreement is binding upon, and shall inure to the benefit of, the parties and their respective heirs, executors, administrators, successors and
assigns. 
 9. This Agreement shall be construed and enforced in accordance with the laws of the State of New Jersey without regard to the
principles of conflicts of law. 
 10. You understand that this Agreement constitutes the complete understanding between the Company and you
and, with the exception of your Employment Agreement dated July 3, 2007 and the Agreement regarding Confidentiality, Inventions, Competition and Solicitation signed by you on February 18, 2003 which is/are incorporated by reference into
this Agreement, supersedes any and all agreements, understandings, and discussions, whether written or oral, between you and any of the Company Entities. No other promises or agreements shall be binding unless in writing and signed by both the
Company and you after the Effective Date of this Agreement. 
 11. You acknowledge that you: (a) have carefully read this Agreement in
its entirety; (b) have had an opportunity to consider it for at least twenty-one (21) days; (c) are hereby advised by the Company in writing to consult with an attorney of your choosing in connection with this Agreement;
(d) fully understand the significance of all of the terms and conditions of this Agreement and have discussed them with your independent legal counsel, or had a reasonable opportunity to do so; (e) have had answered to your satisfaction
any questions you have asked with regard to the meaning and significance of any of the provisions of this Agreement; and (f) are signing this Agreement voluntarily and of your own free will and agree to abide by all the terms and conditions
contained herein. 
  

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 12. You may accept this Agreement by signing it and returning it to David Messenger, Chief People Officer
at 10 Independence Blvd, Warren, NJ 07059 on or before February 15. After executing this Agreement, you shall have seven (7) days (the “Revocation Period”) to revoke this Agreement by indicating your desire to do so in writing
delivered to David Messenger at the address above (or by fax at 908-626-0476) by no later than 5:00 p.m. on the seventh (7th) day after the date you sign this Agreement. The effective date of this Agreement shall be the eighth (8th) day
after you sign the Agreement (the “Effective Date”). If the last day of the Revocation Period falls on a Saturday, Sunday or holiday, the last day of the Revocation Period will be deemed to be the next business day. In the event you do not
accept this Agreement as set forth above, or in the event you revoke this Agreement during the Revocation Period, this Agreement, including but not limited to the obligation of the Company to provide the payment(s) and other benefits referred to in
paragraph 2 above, shall be deemed automatically null and void. 
  

									
	Print Name:	 	 Howard Handler
	 		 	Date:	 	 1/23/2008

		 	Employee	 		 		 	
					
	Signature:	 	 /s/ Howard Handler
	 		 		 	
		 	Employee	 		 		 	

  

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 Sworn to before me on this 23 day of January, 2008. 
  

	
	 /s/ Stephen M. Hines

	Notary Public

  

									
	VIRGIN MOBILE USA, L.P.	 		 		 	
					
	By:	 	 /s/ David Messenger
	 		 	Date:	 	1/23/2008
		 	David Messenger, Chief People Officer	 		 		 	

  

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