Document:

Collateral Sharing Agreement

 Exhibit 10.2 
 COLLATERAL SHARING AGREEMENT 
 This COLLATERAL SHARING AGREEMENT,
dated as of October 25, 2012 (this “Agreement”), by and among Citibank, N.A., as administrative and collateral agent for the Lenders (as defined below) under the Amended Credit Agreement referred to below (in such capacity,
together with any successors and assigns in such capacity, the “Bank Agent”); U.S. Bank National Association, as trustee on behalf of the Noteholders (as defined below) under the Indenture referred to below (in such capacity,
together with any successors and assigns in such capacity, the “Trustee”); and Deutsche Bank Trust Company Americas, as the Notes Collateral Agent under the Indenture (in such capacity, together with any successors and assigns in
such capacity, the “Notes Collateral Agent;” together with the Trustee and the Bank Agent, the “Parties” and each a “Party”). 

WHEREAS, Clear Channel Communication, Inc. (“Clear Channel” or “Parent Borrower”), Clear Channel
Capital I, LLC, a Delaware limited liability company, the Subsidiary Co-Borrowers, the Foreign Subsidiary Revolving Borrowers, the Bank Agent and the lenders from time to time party thereto (the “Lenders”), among others, are party
to that certain Credit Agreement dated as of May 13, 2008, as amended and restated as of February 23, 2011 (the “Existing Credit Agreement”); 
 WHEREAS, the Lenders and Clear Channel have negotiated the terms of an amendment to the Existing Credit Agreement (the “Amendment”), to be dated as of the date hereof, allowing for, among
other things, the consummation of an exchange offer as described in that certain Clear Channel Communications, Inc. Offering Circular, dated October 12, 2012 (the “Offering Circular”), pursuant to which the Lenders shall have
the option to exchange Term Loans (as defined in the Existing Credit Agreement) into Notes on the terms described therein 

 
and in the Amendment (the “Exchange Offer”), and, in connection therewith, each of the Lenders and the Noteholders are approving this Agreement and authorizing the Bank Agent to
enter into this Agreement on behalf of the Lenders and the Trustee and the Notes Collateral Agent, to enter into this Agreement on behalf of the Noteholders, as applicable; 
 NOW, THEREFORE, in consideration of the foregoing and the mutual representations, warranties, covenants and agreements contained herein, and intending to be legally bound hereby, the parties hereto hereby
agree as follows: 
 1 Definitions. 
 Capitalized terms used herein without definition shall have the meanings assigned to such terms in the First Lien Intercreditor Agreement (as defined below). In addition, the following terms shall have
the following meanings: 
 “Amended Credit Agreement” shall mean the Existing Credit Agreement
as amended by the Amendment, as further amended and in effect from time to time. 
 “Bankruptcy
Court” shall mean the court having jurisdiction over any Insolvency or Liquidation Proceedings. 

“Company” means Clear Channel and its Subsidiaries. 

“Encumbered Principal Properties” means the Principal Properties that the Bank Agent for the benefit of
the secured parties under the Amended Credit Agreement has been granted a valid and perfected security interest in (other than any Principal Properties that the Trustee, for the benefit of the secured parties under the Indenture, has been granted a
security interest in), which has not been avoided. 

  
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 “First-Lien Intercreditor Agreement” means that certain
First-Lien Intercreditor Agreement, dated as of February 23, 2011, by and among Clear Channel, the other pledgers party thereto, the Bank Agent, the Notes Collateral Agent (after execution of the Joinder Agreement) and each additional
authorized representative party thereto from time to time. 
 “First Principal Properties Trigger
Date” means the date following the Trigger Date on which the Bank Agent receives a Principal Properties Recovery Amount in an amount of cash and the fair value of other consideration of the lesser of (a) $100 million in the aggregate
and (b) an amount that represents all or substantially all of the Principal Properties Recovery Amount likely to be received or realized by the Bank Agent on behalf of the Lenders in respect of all Encumbered Principal Properties, in each case
as determined by the Bank Agent acting reasonably and in good faith (but subject to the dispute resolutions procedures set forth in Section 2.2 and Section 2.3 hereof); provided that if such Principal Properties Recovery Amount in
clause (a) does not represent, as determined by the Bank Agent acting reasonably and in good faith, all or substantially all of the Principal Properties Recovery Amount likely to be received or realized by the Bank Agent on behalf of the
Lenders in respect of all Encumbered Principal Properties, the Bank Agent shall have the right, in its discretion, to postpone the First Principal Properties Trigger Date by providing a notice in writing to the Trustee to a date no later than the
earlier of (x) six (6) months after the First Principal Properties Trigger Date (determined without giving effect to this proviso) and (y) the date on which the Bank Agent shall have received a Principal Properties Recovery Amount in
respect of all or substantially all of the Encumbered Principal Properties, as determined by the Bank Agent acting reasonably and in good faith, or to such other date as shall be mutually agreed to by the Trustee and the Bank Agent in writing.

  
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 “Indenture” means that certain Indenture, dated as of the
date hereof, between the Parent Borrower, the Notes Collateral Agent and the Trustee, as amended and in effect from time to time. 
 “Noteholders” mean the holders of the Notes from time to time. 
 “Notes” mean those certain 9% Priority Guarantee Notes due 2019 issued pursuant to the Indenture on the date hereof or any Exchange Notes or Additional Notes each issued after the date
hereof under, and as defined in, the Indenture so long as such Exchange Notes or Additional Notes, as the case may be, constitute Additional First-Lien Obligations under the First Lien Intercreditor Agreement and, in the case of such Additional
Notes, such Additional Notes are issued pursuant to a future Permitted Debt Exchange (as defined in the Amended Credit Agreement as of the date hereof) pursuant to and in accordance with Section 2.18 of the Amended Credit Agreement (as in
effect on the date hereof) that results in a dollar for dollar reduction in the principal amount of Term Loans outstanding under the Amended Credit Agreement. 
 “Notes Recovery Amount” means, as of a date of determination, the aggregate recovery amount of cash and other consideration received by or on behalf of the Trustee and/or the Notes
Collateral Agent, whether in its capacity as a secured creditor or unsecured creditor, on behalf of the Noteholders on and after the Trigger Date and through the date of determination on account of the principal amount of the Notes (after giving
effect to the First Lien Intercreditor Agreement and the ABL Intercreditor Agreement), whether through a liquidation, asset sale, plan of reorganization or otherwise (but excluding any payment received from the Bank Agent pursuant to
Section 2.1 of this Collateral Sharing Agreement). 

  
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 “Notes Pro Rata Portion” means a fraction, the numerator of
which is (x) the principal amount of Notes outstanding on the Trigger Date (but only to the extent that such amount has not been disallowed in any Insolvency and Liquidation Proceeding) and the denominator of which is (y) the sum of the
principal amount of the Notes and Loans outstanding on the Trigger Date (but only to the extent that such amounts have not been disallowed in any Insolvency and Liquidation Proceeding). 

“Person” means an individual, a corporation, a partnership, an association, a trust or any other entity
or organization. 
 “Principal Properties” means each radio broadcasting, television
broadcasting or outdoor advertising property located in the United States owned or leased by the Parent Borrower or any Subsidiary (as defined in the Retained Existing Notes Indenture) that is a “Principal Property” under (and as defined
in and determined in accordance with) the Retained Existing Notes Indenture. 
 “Principal Properties
Recovery Amount” means, as of the date of determination, the aggregate recovery amount of cash and the fair value of any other consideration received by or on behalf of the Bank Agent for the benefit of the Lenders after the Trigger Date in
its capacity as a secured creditor on account of the principal amount of the Loans that can be identified as a recovery in respect of Encumbered Principal Properties or that is received by or distributed to the Bank Agent on behalf of the Lenders on
account of its 

  
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security interest in the Encumbered Principal Properties, in any case, whether through a liquidation, asset sale, plan of reorganization or otherwise. Any determination of the fair value of the
Bank Agent’s security interest in Encumbered Principal Properties or non-cash consideration made by the Bankruptcy Court shall be conclusive. If the Bankruptcy Court does not determine the fair value of the Bank Agent’s security interest
in Encumbered Principal Properties or the fair value of non-cash consideration, such determination shall be made by the Bank Agent reasonably and in good faith, but subject to the right of the Trustee to object as provided in Section 2.2(a)
below and further subject to the dispute resolution mechanism provided in Section 2.3 below if the Parties cannot agree on such valuation. If in connection with any plan of reorganization or other distribution in any Insolvency and Liquidation
Proceeding, the Bank Agent on behalf of the Lenders recovers (or receives a distribution) as a result of its security interest in Shared Collateral and Encumbered Principal Properties a percentage of its principal claim against the Parent Borrower
that is not disallowed that is greater than the percentage of the principal claim that is not disallowed that is received or recovered by the Trustee and the Notes Collateral Agent as a result of their security interest in Shared Collateral, then
there will be a rebuttable presumption that such excess recovery shall be attributable to the Bank Agent’s security interest in Encumbered Principal Properties. Such presumption may be rebutted by the Bank Agent if, among other things, such
excess recovery is attributable to a recovery on other collateral that the Bank Agent has a security interest in on behalf of the Lenders that the Trustee and the Notes Collateral Agent do not have a security interest in (other than Encumbered
Principal Properties) or if one or more security interests of the Trustee and the Notes Collateral Agent in Shared Collateral is avoided or otherwise 

  
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does not rank pari passu to the security interest of the Bank Agent as a result of an intervening lien or otherwise. If the Principal Properties Recovery Amount is being determined on the First
Principal Properties Trigger Date, then it shall be determined to include the Principal Properties Recovery Amount received after the Trigger Date and on or prior to the First Principal Properties Trigger Date. If the Principal Properties Recovery
Amount is being determined on a Subsequent Principal Properties Trigger Date, then it shall be determined to include the Principal Properties Recovery Amount received after the later of (x) the First Principal Properties Trigger Date and
(y) the last Subsequent Principal Properties Trigger Date, and on or prior to such Subsequent Principal Properties Trigger Date. 
 “Pro Rata Adjusted Portion” means, at the date of determination, a fraction, the numerator of which is (x) the aggregate amount of the Principal Properties Recovery Amount paid or
provided by the Bank Agent to the Trustee pursuant to Section 2.1 of this Collateral Sharing Agreement since the Trigger Date through the date of determination and the denominator of which is (y) the principal amount of Notes outstanding
on the Trigger Date (to the extent such amount has not been disallowed in any Insolvency and Liquidation Proceeding). 
 “Retained Existing Notes Indenture” means that certain Indenture, dated as of October 1, 1997, between the Parent Borrower and The Bank of New York Trust Company, N.A., as trustee
thereunder, as may be amended, supplemented or modified from time to time through March 27, 2008. 

  
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 “Springing Lien Termination Date” means the earlier to
occur of (i) the satisfaction of the Existing Notes Condition (as defined in the Amended Credit Agreement as in effect on the date hereof) and (ii) the Springing Lien Trigger Date (as defined in the Indenture as in effect on the date
hereof). 
 “Subsequent Note Trigger Date” means each date after the First Principal Properties
Trigger Date that the Trustee and/or the Notes Collateral Agent has received for the benefit of the Noteholders a Notes Recovery Amount; provided that if a Subsequent Note Trigger Date shall have occurred during the prior 30 day period, the
Trustee shall have the right to postpone the Subsequent Note Trigger Date to a date no more than 30 days after the prior Subsequent Note Trigger Date by notice in writing to the Bank Agent, and the Trustee and the Bank Agent shall have the right to
postpone the Subsequent Note Trigger Date to such other date following the First Principal Properties Trigger Date as shall be mutually agreed by them in writing. 

“Subsequent Principal Properties Trigger Date” means a date or dates following the First Principal
Properties Trigger Date on which the Bank Agent receives a Principal Properties Recovery Amount, as determined by the Bank Agent acting reasonably and in good faith; provided that if such Principal Properties Recovery Amount does not represent, as
determined by the Bank Agent acting reasonably and in good faith, the balance of the Principal Properties Recovery Amount reasonably anticipated to be recovered by the Bank Agent in respect of all Encumbered Principal Properties, as determined by
the Bank Agent acting reasonably and in good faith, the Bank Agent shall have the right, in its discretion, to postpone the applicable Subsequent Principal Properties Trigger Date by providing a notice in writing to the Trustee to a date no later
than the earlier of (x)

  
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three months (3) months after the Subsequent Principal Properties Trigger Date (determined without giving effect to this proviso) and (y) the date on which the Bank Agent shall have
received a Principal Properties Recovery Amount in respect of the balance of the Principal Properties Recovery Amount reasonably anticipated to be recovered by the Bank Agent in respect the Encumbered Principal Properties, as determined by the Bank
Agent acting reasonably and in good faith, or to such other date as shall be mutually agreed to by the Trustee and the Bank Agent in writing. 
 “Trigger Date” shall mean the commencement of an Insolvency or Liquidation Proceeding with respect to the Parent Borrower. 

“Uniform Commercial Code” means the Uniform Commercial Code as in effect from time to time in the State
of New York. 
 2 Allocation of Recoveries. 

2.1 (a) Subject to the notice and extension provisions set forth in Section 2.2 below, within fourteen (14) Business Days after
the First Principal Properties Trigger Date, (i) the Bank Agent will pay to the Trustee from the Principal Properties Recovery Amount determined as of the First Principal Properties Trigger Date a portion of the amount of cash and an allocable
amount of any other form of consideration if such Principal Properties Recovery Amount was received, in whole or in part, in such other form equal to the Notes Pro Rata Portion of Principal Properties Recovery Amount and (ii) the Trustee and
the Notes Collateral Agent will pay to the Bank Agent from any Notes Recovery Amount received though the First Principal Properties Trigger Date, a portion of the amount in cash and an allocable amount of any other form of consideration if such
Notes Recovery Amount was received, in whole or in part, in such other form equal to the Pro Rata Adjusted Portion of such Notes Recovery Amount. The Bank 

  
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Agent on one hand, and the Trustee and the Notes Collateral Agent, on the other hand, shall be entitled to net the cash payments (and, to the extent reasonably practicable, the non-cash
consideration) required in clauses (i) and (ii) above in connection with making the payments required by this Section 2.1(a). 
 (b) Subject to the notice and extension provisions set forth in Section 2.2 below, within fourteen (14) Business Days after each Subsequent Principal Properties Trigger Date, (i) the Bank
Agent will pay to the Trustee from the Principal Properties Recovery Amount determined as of such Subsequent Principal Properties Trigger Date a portion of the amount in cash and an allocable amount of any other form of consideration if such
Principal Properties Recovery Amount was received, in whole or in part, in such other form equal to the Notes Pro Rata Portion of such Principal Properties Recovery Amount and (ii) the Trustee and the Notes Collateral Agent will pay to the Bank
Agent from any Notes Recovery Amount received through such Subsequent Principal Properties Trigger Date, a portion of the amount in cash and an allocable amount of any other form of consideration if such Notes Recovery Amount was received in, whole
or in part, in such other form equal to (x) the Pro Rata Adjusted Portion of such Notes Recovery Amount, less (y) any amounts previously paid by the Trustee to the Bank Agent pursuant to Section 2.1(a) above or 2.1(c) below. The Bank
Agent, on one hand, and the Trustee and the Notes Collateral Agent, on the other hand, shall be entitled to net the cash payments (and if reasonably practicable, the non-cash consideration) required in clauses (i) and (ii) above in
connection with making the payments required by this Section 2.1(b). 
 (c) Subject to the notice and extension provisions
set forth in Section 2.2 below, within eight (8) Business Day after each Subsequent Note Trigger Date, the Trustee and the Notes Collateral Agent will pay to the Bank Agent from any Notes Recovery Amount received

  
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through such Subsequent Notes Trigger Date, a portion of the amount in cash and an allocable amount of any other form of consideration if such Notes Recovery Amount was received, in whole or in
part, in such other form equal to (x) the Pro Rata Adjusted Portion of such Notes Recovery Amount, less (y) any amounts previously paid by the Trustee to the Bank Agent pursuant to Section 2.1(a) or 2.1(b) above. 

(d) For the avoidance of doubt, in no event shall the Trustee be required to pay to the Bank Agent pursuant to this Section 2.1 an
amount in cash or other form of consideration having a fair value greater than the amount paid by the Bank Agent to the Trustee under Section 2.1, and in no event shall any payment be required under this Section 2.1 to be paid to either
the Bank Agent or the Trustee if it would result in the Lenders or the Noteholders, as applicable, being paid more than the full principal amount of Loans or Notes, respectively, as a result thereof. 

(e) The Parties acknowledge and agree that to the extent any payment or other distribution that would otherwise be included in the
Principal Properties Recovery Amount is paid directly to the Lenders, the Bank Agent shall have no obligation to recover the Notes Pro Rata Portion of such payment or distribution for the benefit of the Trustee, and the Bank Agent will have no
liability to the Trustee with respect to the Notes Pro Rata Portion of such payment or distribution or otherwise with respect to the foregoing, but the Trustee may in its discretion take such action against such Lenders as is reasonably necessary to
recover any such amounts from such Lenders. The Parties acknowledge and agree that to the extent any payment or other distribution that would otherwise be included in the Notes Recovery Amount is paid directly to the Noteholders or otherwise
previously distributed to the Noteholders, Trustee shall have no obligation to recover the Pro Rata Adjusted Portion of such payment or distribution for the benefit of the Bank Agent, and the Trustee will have no liability to the Bank Agent or
Lenders with respect to the Pro Rata Adjusted Portion of such payment or distribution or otherwise with respect to the foregoing, but the Bank Agent may in its discretion take such action against such Noteholders as is reasonably necessary to
recover any such amounts from such Noteholders. 

  
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 2.2 (a) The Bank Agent agrees to promptly notify the Trustee and the Notes Collateral Agent
in writing of the occurrence of the First Principal Properties Trigger Date and each Subsequent Principal Properties Trigger Date after it obtains actual knowledge of the occurrence of such First Principal Properties Trigger Date or Subsequent
Principal Properties Trigger Date, as applicable. Within three (3) Business Days after the notice referred to in the previous sentence shall have been delivered, the Bank Agent shall notify the Trustee and the Notes Collateral Agent in writing
of its determination of the amount payable by the Bank Agent under Section 2.1(a) or 2.1(b), as applicable. If the Trustee has not objected in writing to the Bank Agent’s determination of the amount payable by it to the Trustee within
three (3) Business Days after the written notification in the preceding sentence, then the Bank Agent’s calculation of the amount payable by it to the Trustee shall become conclusive and final absent manifest error. Within three
(3) Business Days after the Bank Agent’s calculation of the amount payable by it has been delivered to the Trustee, the Trustee shall notify the Bank Agent and the Notes Collateral Agent in writing of its determination of the amount
payable by the Trustee and the Notes Collateral Agent under Section 2.1(a) or 2.1(b) above. If the Bank Agent has not objected in writing to the Trustee’s determination of the amount payable by it to the Bank Agent within three
(3) Business Days after the notification in the prior sentence, then the Trustee’s calculation of the amount payable by it to the Bank Agent shall become conclusive and final absent manifest error. If either the Trustee or the Bank Agent
does so object in writing to the other’s determination (with a copy to the Notes Collateral Agent), as set forth above, then the obligations of both the Bank 

  
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Agent, on the one hand, and the Trustee and Notes Collateral Agent, on the other hand, pursuant to Section 2.1(a) or 2.1(b), as applicable, to make the required payments set forth therein
will be extended for no more than 30 days during which time the Bank Agent and the Trustee shall work in good faith to come to agreement on such contested amounts payable. If the Bank Agent and the Trustee do come to agreement on such contested
amounts payable, then within three (3) business days after written notice exchanged between the Bank Agent, the Trustee and the Notes Collateral Agent confirming agreement on such contested amounts, the Bank Agent, on one hand, and the Trustee
and the Notes Collateral Agent, on the other hand, shall make the payments required by Section 2.1(a) or 2.1(b), as applicable. If the Bank Agent and the Trustee do not come to agreement on such contested amounts payable by the end of such
30-day period, then the obligations of both the Bank Agent and the Trustee and the Notes Collateral Agent pursuant to Section 2.1(a) or 2.1(b), as applicable, to make the required payments set forth therein will be extended further until the
procedure set forth in Section 2.3 below is completed. 
 (b) The Notes Collateral Agent agrees to promptly notify the
Trustee each time it receives a Notes Recovery Amount. The Trustee agrees to promptly notify the Bank Agent and the Notes Collateral Agent in writing of the occurrence of each Subsequent Notes Trigger Date after obtaining actual knowledge of the
occurrence of such Subsequent Notes Trigger Date. Within three (3) Business Days after delivery of the written notice referred to in the preceding sentence, the Trustee shall notify the Bank Agent and the Notes Collateral Agent in writing of
its determination of the amount payable by it and the Notes Collateral Agent to the Bank Agent under Section 2.1(c). If the Bank Agent has not objected in writing to the Trustee’s determination of the amount payable by it and the Notes
Collateral Agent to the Bank Agent within three (3) Business Days after the notification in the prior sentence, then the Trustee’s calculation of the 

  
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amount payable by it or the Notes Collateral Agent to the Bank Agent shall become conclusive and final absent manifest error. If the Bank Agent does so object in writing to the Trustee (with a
copy to the Notes Collateral Agent) as set forth in the prior sentence, then the obligation of the Trustee and the Notes Collateral Agent pursuant to Section 2.1(c) to make the required payments set forth therein will be extended for no more
than 30 days during which time the Bank Agent and the Trustee shall work in good faith to come to agreement on such contested amounts payable. If the Bank Agent and the Trustee do come to agreement on such contested amounts payable, then within
three (3) business days of written notice exchanged between the Bank Agent, on one hand, and Trustee and the Notes Collateral Agent, on the other hand, confirming agreement on such contested amounts, the Trustee and the Notes Collateral Agent
shall make the payment required by Section 2.1(c). If the Bank Agent and the Trustee do not come to agreement on such contested amount payable by the end of such 30 day period, then the obligations of the Trustee and the Notes Collateral Agent
pursuant to Section 2.1(c) to make the required payments set forth therein will be extended further until the procedure set forth in Section 2.3 below is completed. 
 2.3 In the event of a dispute between the Trustee and the Bank Agent over a contested amount payable under Section 2.1 that is not resolved in accordance with Section 2.2 (a
“Dispute”), such Dispute shall be resolved exclusively according to the procedures set forth in this Section 2.3 through binding arbitration pursuant to the Commercial Arbitration Rules and the Procedures for Complex Cases of
the American Arbitration Association (“AAA”) then in effect (the “Rules”). A single, neutral arbitrator shall be selected by the joint agreement of the Parties who is knowledgeable in the field of bankruptcy and
restructuring law, but if they do not so agree within fifteen (15) days after expiration of the thirty (30) day period referenced in the last 

  
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sentence of Section 2.2(b), the following procedures shall apply. Each Party shall appoint one neutral and impartial arbitrator within thirty (30) days after expiration of the thirty
(30) day period referenced in the last sentence of Section 2.2(b), and the arbitrators so appointed shall appoint a third arbitrator within fifteen (15) days of the appointment of the second arbitrator, who shall serve as the
arbitrator(s) of the Dispute. Any arbitrators not timely selected shall be appointed by the AAA in accordance with the Rules. Any arbitrator appointed by the AAA shall be a practicing attorney admitted for at least fifteen (15) years, with
significant experience as an arbitrator of large, complex commercial cases or be a retired or former federal judge. In addition, if practicable, any arbitrator appointed by the AAA shall be knowledgeable in the field of bankruptcy and restructuring
law. The arbitrator(s) shall have a conference with the parties within ten (10) days of appointment and shall design and implement a schedule for the prompt and fair adjudication of the Dispute. The hearing shall be held as soon as possible, if
practicable, no later than thirty (30) days after the appointment of the arbitrator(s), and the arbitrators shall render a decision within thirty (30) days after such hearing. The timeline and procedures set forth above in this
Section 2.3 may be extended or otherwise modified by written agreement between the Trustee and the Bank Agent. The site of such arbitration shall be New York, New York. The arbitrator(s) shall be entitled to engage a financial advisor to assist
in questions of valuation. The arbitrator(s) may extend any time limit contained herein for good cause shown. The award of the arbitrator(s) shall be made in a written opinion. The determination of the arbitrator(s) will be conclusive and binding.
Within three (3) Business Days after receiving written notice of the arbitrator(s) determination, the Bank Agent and/or the Trustee and the Notes Collateral Agent, as applicable, will make the payment to the other required by Section 2.1
in the amount determined by the arbitrator(s). By signing the Consent below, the Parent Borrower agrees to pay on demand the fees, costs and expenses in connection with the arbitration, including, without limitation, fees and expenses of counsel to
each of the Parties, the fees, costs and expenses of the arbitrator(s) and any financial advisor engaged by the arbitrator(s). 

  
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 2.4 Following the Trigger Date and until paid to the Trustee in accordance with
Section 2.1, the Bank Agent, acting reasonably and in good faith, shall hold in trust (and not distribute to the underlying holders) for the benefit of the Trustee and the Noteholders an amount of any Principal Properties Recovery Amount
received by it equal to the amount thereof that it reasonably believes shall be required to be paid to the Trustee under Section 2.1 upon the First Principal Properties Trigger Date or any Subsequent Principal Properties Trigger Date, as
applicable; provided that if there shall be a Dispute, then the Bank Agent shall hold in trust (and not distribute to the underlying holders) for the benefit of the Trustee and the Noteholders the maximum amount of any Principal Properties
Recovery Amount that it reasonably believes may be required to be paid to the Trustee if the Dispute is resolved in favor of the Trustee. The Notes Collateral Agent agrees that, with respect to any Notes Recovery Amount that it receives, to the
extent it is not required under this Agreement to pay such Notes Recovery Amount to the Bank Agent, it shall immediately pay such Notes Recovery Amount to the Trustee. Following the Trigger Date and until paid to the Bank Agent in accordance with
Section 2.1, the Trustee, acting reasonably and in good faith, shall hold in trust (and not distribute to underlying holders) for the benefit of the Bank Agent and the Lenders an amount of any Notes Recovery Amount received by it equal to the
amount thereof that it reasonably believes shall be required to be paid to the Bank Agent pursuant to Section 2.1 upon the First Principal Properties Trigger Date, any Subsequent Principal Properties Trigger Date or any Subsequent Notes Trigger
Date, as applicable; provided that if there shall be a Dispute, then the Trustee shall hold in trust (and not distribute to the underlying holders) for the benefit of the Bank Agent and the Lenders the maximum amount of any Notes Recovery
Amount that it reasonably believes may be required to be paid to the Bank Agent if the Dispute is resolved in favor of the Bank Agent. 

  
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 2.5 Whenever a Party hereunder shall be required, in connection with the exercise of its
rights or the performance of its obligations hereunder, to determine the existence or principal amount of the Loans and/or Notes then outstanding, it may request that such information be furnished in writing by the other Party and shall be entitled
to rely on and make a determination on the basis of the information so furnished. If such information is not promptly provided by the other Party, such Party shall be entitled to rely on and make a determination on the basis of a certificate of the
Parent Borrower. 
 3 Representations and Warranties. 

Each Party represents and warrants to each other Party that this Agreement has been duly executed and delivered by its duly authorized
officer and constitutes its legal, valid and binding obligation enforceable against it in accordance with the terms hereof, except as such enforceability may be limited by the Bankruptcy Code and by general principles of equity. In addition, the
Parties agree that no other representation or warranty is being made hereunder to the other Party hereto, including, without limitation, as to the validity, enforceability and perfection of any Lien that it may hold for the benefit of the secured
parties under the Amended Credit Agreement and the Indenture or the validity and enforceability of the obligations under the Amended Credit Agreement and the Indenture. 

  
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 4 Disposition of Collateral. 

The Trustee and the Notes Collateral Agent agree that during the term of this Agreement, the Bank Agent shall (a) at all times have
the sole right to control the timing, disposition and enforcement of rights and remedies with respect to the Encumbered Principal Properties, (b) have the sole right to control the timing, disposition and enforcement of rights and remedies with
respect to the Encumbered Principal Properties, (c) have the sole right to make any determinations with respect to, and how to vote, its and the claims of the Lenders in any Insolvency and Liquidation Proceeding and (d) shall be entitled
to act with respect to the Encumbered Principal Properties without regard to the interests of the Trustee or the Noteholders. Each of the Trustee and the Notes Collateral Agent agrees that neither it nor the Noteholders shall have any right to
contest, protest, or object to any foreclosure proceedings with respect to the Encumbered Principal Properties or any other exercise of remedies with respect thereto or any determination not to exercise remedies with respect to the Encumbered
Principal Properties. Each of the Trustee and the Notes Collateral Agent agrees that nothing in this Agreement shall give it or the Noteholders any right to object, contest or protest any action taken by the Bank Agent or the Lenders in any
Insolvency and Liquidation Proceeding (except as specifically provided in Section 2.3 of this Agreement and other than with respect to any action taken in material violation of this Agreement). 

5 Waiver of Certain Rights. 
 Each of the Parties agrees not to assert, and hereby waives, to the fullest extent permitted by law: any right to demand, request, plead or otherwise assert or otherwise claim the benefit of, any
marshaling, appraisement, valuation or other similar right that may otherwise be available under applicable law or any other similar rights a creditor may have under applicable law, including any and all such or similar rights as may exist under the
Uniform Commercial Code of any applicable jurisdiction. 

  
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 6 No Fiduciary, Agency or Trust Relationship. 

Nothing in this Agreement shall be deemed to create a fiduciary, agency or trust relationship (other than the obligation to hold the
amounts and properties as described in Section 2.4 hereof in trust) between or among any of the Parties. The only obligations that the Parties hereto shall have to each other are the express obligations set forth in this Agreement. 

7 Further Assurances. 
 Each Party agrees to cooperate fully with each other Party, to the end that the terms and provisions of this Agreement may be promptly and fully carried out. 

8 No Waiver. 
 No failure or delay on the part of any Party in exercising any right, power or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or
remedy preclude any other or further exercise thereof or the exercise of any other right, power or remedy hereunder. 
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Equitable Remedies. 
 The Parties recognize that money damages may provide an insufficient remedy to each of them for
breach of their respective obligations under this Agreement and therefore agree that specific performance of the obligations of the respective Parties may be granted to each of them hereunder. 

10 Inconsistencies Agreement. 
 The Parties agree that in the event of any conflict between the provisions of this Agreement on the one hand and the provisions of the Amended Credit Agreement, the Indenture or the First Lien
Intercreditor Agreement, on the other as the case may be, the provisions of this Agreement shall control. 

  
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 11 No Third Party Beneficiaries. 

All of the understandings and agreements contained herein are for the benefit of the Parties, the Lenders and the Noteholders, and no
other Persons, including, without limitation, the Company, are intended to be benefitted in any way whatsoever by this Agreement. Nothing contained in this Agreement shall limit or otherwise impair the rights of a Party against or with respect to
the Company or its property or the obligations of the Company in favor of a Party. 
 12 Notices. 

All notices, deliveries and other communications to any Party hereunder shall be in writing (including fax, telex or similar writing) and
shall be given to such other Party in accordance with the provisions set forth in Section 5.01 of the First Lien Intercreditor Agreement. 
 13 Amendments and Waivers. 
 Any provision of this Agreement may be
amended or waived if, but only if, such amendment or waiver is in writing and is signed by each of the Parties herein. 
 14
Effectiveness; Termination; Effectiveness in Bankruptcy. 
 This Agreement shall become effective upon the date first
above written, but subject to the Amendment becoming effective. Unless the Trigger Date shall have already occurred, this Agreement shall terminate and be of no further force and effect on the Springing Lien Termination Date. The provisions of this
Agreement shall be enforceable during any Insolvency or Liquidation Proceeding with respect to the Parent Borrower or any of its Subsidiaries, whether under Section 510(a) of the Bankruptcy Code or otherwise. 

  
 20 

 15 Additional Parties. 

If the Parent Borrower incurs indebtedness in a Permitted Debt Exchange that constitutes Additional First Lien Obligations, and such
indebtedness is permitted to be incurred under the terms of the Amended Credit Agreement (including, without limitation, Section 2.18 of the Credit Agreement) and the Indenture at the time of its incurrence and to have the rights given to the
Notes under this Agreement, the Parties agree to execute such amendments to this Agreement (which can take the form of an amendment and restatement of this Agreement) as are reasonably necessary to provide the holders of such indebtedness (and MFN
Notes (as defined below)) and their representatives with the same rights and obligations hereunder as the Noteholders and the Trustee. For the avoidance of doubt, the only indebtedness that shall be entitled to have the rights given to the Notes
under this Agreement are Permitted Debt Exchange Notes (as defined in the Amended Credit Agreement as in effect on the date hereof) issued pursuant to and in accordance with Section 2.18 of the Credit Agreement the principal amount of which
reduces on a dollar for dollar basis the principal amount of Term Loans outstanding under the Amended Credit Agreement and any other notes issued in exchange for (and in cancellation of) a like principal amount of the Notes pursuant to
Section 4.21 of the Indenture (as in effect on the date hereof) (or similar provision) (such other notes, the “MFN Notes”). 
 16 Governing Law Submission to Jurisdiction; WAIVER OF JURY TRIAL. 

This Agreement shall be construed in accordance with and governed by the law of the State of New York. The provisions of Sections 5.08
(Submission to Jurisdiction etc.) and 5.09 (WAIVER OF JURY TRIAL) of the First Lien Intercreditor Agreement shall be incorporated herein by reference and apply to this Agreement as if fully set forth herein. 

17 Successors and Assigns. 
 This Agreement shall be binding upon and inure to the benefit of each of the Parties and their respective successors and assigns. 

  
 21 

 18 Counterparts. 

This Agreement may be signed in any number of counterparts, each of which shall be deemed to be an original, with the same effect as if
the signatures thereto and hereto were upon the same instrument. Delivery of an executed signature page of this Agreement by facsimile or other electronic transmission shall be effective as delivery of a manually executed counterpart hereof.

 19 Entire Agreement. 
 This Agreement embodies the entire agreement and understanding among the Parties and consented to by the Company and supersedes all prior agreements and understandings among the Parties and consented to
by the Company relating to the subject matter hereof. 

  
 22 

 IN WITNESS WHEREOF, the Parties hereto have caused this Agreement to be duly executed
by their respective authorized officers as of the date first above written. 
  

			
	CITIBANK, N.A., as Bank Agent
		
	By:	 	/s/ Kirkwood Roland
		 	Name: Kirkwood Roland
		 	Title: Director & Vice President
	
	 U.S. Bank National Association,
 as Trustee

		
	By:	 	/s/ Brad Hounsel
		 	Name: Brad Hounsel
		 	Title: Vice President
	
	 Deutsche Bank Trust Company Americas,
 as Notes Collateral Agent

		
	By:	 	Deutsche Bank National Trust Company
		
	By:	 	/s/ Wanda Camacho
		 	Name: Wanda Camacho
		 	Title: Vice President
		
	By:	 	/s/ Annie Jaghatspanyan
		 	Name: Annie Jaghatspanyan
		 	Title: Vice President

  
 23 

 By signing this Consent, Clear Channel Communications, Inc., on behalf of itself and its
Subsidiaries, hereby unconditionally consents to the terms and conditions set forth in the attached Collateral Sharing Agreement, dated as of October 25, 2012, including the payment of the fees and expenses referred to in Section 2.3
thereof. 
  

			
	CLEAR CHANNEL COMMUNICATIONS, INC.
		
	By:	 	/s/ Brian D. Coleman
		 	Name: Brian D. Coleman
		 	Title: Senior Vice President and Treasurer
		
	Date:	 	October 25, 2012

  
 24Employment Agreement

 Exhibit 10.1 
 INVENSENSE, INC. 
 EMPLOYMENT AGREEMENT 

THIS EMPLOYMENT AGREEMENT (this “Agreement”) is hereby entered into effective as of October 23, 2012 (the “Effective
Date”), by and between INVENSENSE, INC., a Delaware corporation (the “Company”), and Behrooz Abdi (“Employee”) (collectively the “Parties”). 
 AGREEMENT 
 The Company wishes to employ Employee as the President and
Chief Executive Officer of the Company and Employee wishes to be employed by the Company as the President and Chief Executive Officer of the Company. In consideration of these premises and for other good and valid consideration, the receipt and
sufficiency of which are hereby acknowledged, the parties hereto agree as follows: 
 1. Term of Employment. As used
herein, the phrase the employment term (the “Employment Term”) refers to the entire period of employment of Employee by the Company hereunder, commencing on the date on which Employee commences service to the Company hereunder (the
“Employment Start Date”). 
 2. Duties and Obligations of Employee. 

(a) General Duties. Employee shall serve as the President and Chief Executive Officer (“CEO”) of the Company and will
report to the Board of Directors (the “Board”). In his capacity as President and CEO, Employee shall do and perform all services, acts or things necessary or advisable as the President and Chief Executive Officer of the Company, subject at
all times to policies established by the Board. 
 (b) Devotion to Company’s Business. Employee shall devote his
entire productive time, ability and attention to the business of the Company during the Employment Term. Employee shall not engage in any other duties or other pursuits, or directly or indirectly render material services of a business, commercial or
professional nature to any other person or organization, whether for compensation or otherwise, without the consent of the Board. The expenditure of reasonable amounts of time for educational, charitable or professional activities, for service on
the boards of directors of Tabula, Inc. and Exar Corporation, and to provide limited advisory services to private companies in which Employee is an investor as of the date of this Agreement and which have been previously disclosed to the Board shall
not be deemed a breach of this Agreement if those activities do not materially interfere with the services required under this Agreement. Employee shall obtain the prior approval of the Compensation Committee of the Board before making any
investment in a privately held company greater than $50,000 or taking on any advisory role for such company. 

  

INVENSENSE CORPORATION 
 EMPLOYMENT AGREEMENT WITH BEHROOZ ABDI 

  

 (c) Confidentiality. 

(i) Employee will sign the Company’s standard Employee Proprietary Information Agreement in the form attached as
Exhibit A. 
 (ii) The Employee must establish his identity and authorization to work as required by the
immigration reform and control act of 1986 (IRCA). 
 3. Obligations of Company. 

(a) General Description. The Company shall provide Employee with the compensation, incentives, benefits and business expense
reimbursement specified elsewhere in this Agreement. 
 (b) Office and Staff. The Company shall provide Employee with a
private office, office equipment, supplies and other facilities and services, suitable to Employee’s position and adequate for the performance of his duties. 
 4. Compensation and Rights of CEO. 
 (a) Base Salary. As
compensation for the services to be performed hereunder, Employee shall receive an annual base salary of four hundred thousand dollars ($400,000), less applicable withholdings, payable periodically during the Employment Term in accordance with the
Company’s standard payroll practices for U.S. employees. Employee’s annual base salary may be increased from time to time by the Board in its sole discretion. Employee’s annual base salary, including any increases to such salary,
shall be referred to in this Agreement as the “Base Salary.” 
 (b) Other Compensation. In addition to the Base
Salary, Employee’s compensation shall consist of the opportunity to receive certain other compensation, as follows 
 (i) The Company has established an executive bonus plan for fiscal 2013, which pays a bonus to executives based upon the Company’s performance against certain targets as of the end of fiscal 2013 and
which is payable within four (4) weeks of the commencement of fiscal 2014. Employee’s target bonus for fiscal 2013 under the executive bonus plan shall be one hundred thousand dollars ($100,000), which bonus shall be paid (but not
adjusted) if any bonuses are paid to executives under the bonus plan. Employee must be employed by the Company in good standing on the date of the distribution from the bonus plan in order to receive the distribution, regardless of the time period
to which the distribution relates. The target bonus for Employee for future fiscal years shall be established by the Board in consultation with Employee in connection with the development of a bonus plan for Company executives for such fiscal years.

 (ii) In the event that the Board hereafter establishes any other bonus or similar plan for executive officers
of the Company, the Board shall include Employee as a participant in and beneficiary of such plan 

  

INVENSENSE, INC. 
 EMPLOYMENT AGREEMENT WITH BEHROOZ ABDI 

  
 -2-

 (iii) In addition to the Stock Grant described in Section 5 below,
Employee shall be entitled to periodic stock or option grants as may be approved by the Board in its sole discretion. 
 (c)
Tax Withholding. The Company shall have the right to deduct or withhold from the Base Salary and other compensation due to Employee hereunder any and all sums required for federal income and Social Security taxes and all state or local taxes
now applicable or that may be enacted and become applicable in the future. 
 5. Equity. As further compensation for the
services to be performed hereunder, Employee shall be awarded certain rights to purchase or receive shares of the Company’s Common Stock as follows: 
  

	 	(i)	 Stock Option. On the Employment Start Date, the Company will grant Employee an option (“Option”) to purchase eight hundred twenty nine
thousand five hundred forty (829,540) shares of Common Stock in accordance with the terms of the Company’s stock incentive plan and its standard option agreement, which shall vest in accordance with the terms and conditions outlined in the
plan and agreement, and otherwise as described in this Agreement. The Option shall be exercisable at the fair market value of the Common Stock on the Employment Start Date and shall have a term of ten years. The shares subject to the Option
(“Shares”) shall vest ratably over the four (4) year period commencing on the Employment Start Date (“Vesting Start Date”) as follows: 25% upon the 12 month anniversary of the Vesting Start Date, and at a rate of 1/48 of the number of shares initially subject to the Option for each full calendar month thereafter (such that 100% of the
Shares shall be vested as of the fourth anniversary of the Vesting Start Date), provided that Employee is employed by the Company on each such vesting date, subject to acceleration as provided in the Executive Change in Control and Severance
Agreement referred to in Section 8 below or as otherwise provided in the option agreement. 

  

	 	(ii)	Performance Stock Option. On the Employment Start Date, the Company will grant Employee an option (“Performance Option”) to purchase six hundred twenty
two thousand, one hundred fifteen (622,115) shares of Common Stock in accordance with the terms of the Company’s stock incentive plan and its standard option agreement, which shall vest in accordance with the terms and conditions outlined
in the plan and agreement, and otherwise as described in this Agreement. The Performance Option shall be exercisable at the fair market value of the Common Stock on the Employment Start Date and shall have a term of ten years. Shares subject to the
Performance Option shall commence vesting upon the closing price of the Company’s common stock on the New York Stock Exchange (or whatever national securities exchange or national automated quotation system on which the common stock is traded)
equaling or exceeding, for a period of twenty (20) trading days, the prices indicated (adjusted for any stock splits or similar transactions): 

  

					
	Closing Price of	  	Shares Commencing to Vest	 
	 $15.00 or higher
	  	 	207,385	  
	 $17.50 or higher
	  	 	207,385	  
	 $20.00 or higher
	  	 	207,385	  

  

INVENSENSE, INC. 
 EMPLOYMENT AGREEMENT WITH BEHROOZ ABDI 

  
 -3-

 The date on which such sustained closing price target is reached shall
be referred to as the Second Option Vesting Start Date for the shares which commence vesting as a result. At such time as any shares subject to the Performance Option shall commence vesting, they shall vest ratably over four years at the rate of
1/48 of the number of such shares for each full calendar month thereafter
(such that 100% of the Shares shall be vested as of the first anniversary of the relevant Second Option Vesting Start Date), subject to acceleration as provided in the Executive Change in Control and Severance Agreement referred to in Section 8
below or as otherwise provided in the option agreement. 
 In the event of a Change in Control (as defined in the Executive
Change in Control and Severance Agreement referred to in Section 8 below), the above closing price targets (if not previously achieved) will be evaluated against the Change in Control deal price, and to the extent the deal price is equal to or
greater than one or more closing price targets, those closing price targets shall be deemed achieved. 
  

	 	(iii)	Restricted Stock. On the Employment Start Date, the Company will grant Employee four hundred fourteen thousand seven hundred seventy (414,770) shares of
restricted Common Stock in accordance with the terms of the Company’s stock incentive plan, which shall vest in accordance with the terms and conditions outlined in the plan, and otherwise as described in this Agreement (the “Restricted
Stock”). The Restricted Stock shall be vest ratably over the four (4) year period commencing on the first day of the Employment Term (“Vesting Start Date”) as follows: 25% upon the 12 month anniversary of the Vesting Start Date,
and at a rate of 1/48 of the number of shares of restricted Common Stock initially granted each full calendar month thereafter (such that 100% of the Shares shall be vested as of the fourth anniversary of the Vesting Start Date), provided that
Employee is employed by the Company on each such vesting date, subject to acceleration as provided in the Executive Change in Control and Severance Agreement referred to in Section 8 below or as otherwise provided in the restricted stock bonus
agreement pursuant to which the restricted Common Stock is granted. If elected by Executive, the Company shall withhold shares sufficient to cover the minimum statutory withholding taxes due in connection with the grant or vesting of the Restricted
Stock. 

  

INVENSENSE, INC. 
 EMPLOYMENT AGREEMENT WITH BEHROOZ ABDI 

  
 -4-

	 	(iv)	Existing Director Options. Employee was previously granted an option to purchase 90,000 shares of common stock of the Company at an exercise price of $7.32 per
share on July 9, 2011 in connection with Employee’s commencement of service as a member of the Board of Directors of the Company (the “First Director Option”). The First Director Option vested at the rate of 1/48th of such shares
for each month of service as a member of the Board. Employee was previously granted an option to purchase 20,000 shares of common stock of the Company at an exercise price of $10.18 per share on July 9, 2012 pursuant to the Company’s
policies for compensation of non-employee members of the Board of Directors (the “Second Director Option”). The Second Director Option was to commence vesting at such time as the First Director Option is fully vested.

 The Company and Employee agree that Employee is currently vested in options to purchase 28,125 shares of Company
common stock under the First Director Option (the “Vested Director Options”), and options to purchase 0 shares of Company common stock under the Second Director Option. Employee agrees that, in consideration for the Company’s entering
into this Agreement, no additional options shall vest under either the First Director Option or the Second Director Option. Company agrees that the Vested Director Options shall remain exercisable during the term of Employee’s service with the
Company and for a period of time following any termination of Employee’s service with the Company that is identical to shorter of (x) the period of time Employee shall have to exercise the Option (as defined in Section 5(i) above)
pursuant to the Executive Change in Control and Severance Agreement referred to in Section 8 hereof and (y) the expiration of the original term of the Vested Director Options. 

6. Benefits. 
 (a) Annual Vacation. Employee shall be entitled to vacation time each calendar year, with full pay, in accordance with the Company’s standard policy. 

(b) Illness. Employee shall be entitled to sick leave with full pay in accordance with the Company’s standard policy.

 (c) Participation in 401(k) Savings Plan. Employee shall be eligible to participate in the Company’s 401(k)
Savings Plan, on the same terms and conditions as all other similarly situated employees or where appropriate as determined by the CEO in its sole discretion. 
 (d) Medical, Dental, Disability; Life Insurance. The Company agrees to include Employee and Employee’s spouse and children, as appropriate and to the extent available, in the coverage of its
medical, dental, disability, life, and Director and Officer Liability insurance policies in accordance with Company policies. 

  

INVENSENSE, INC. 
 EMPLOYMENT AGREEMENT WITH BEHROOZ ABDI 

  
 -5-

 7. Reimbursement of Business Expenses. 

(a) The Company shall promptly reimburse Employee for all reasonable business expenses incurred by Employee in connection with the
business of the Company, all in accordance with the policies and procedures of the Company. 
 8. Termination of Employment;
Executive Change in Control and Severance Agreement. 
 This Agreement shall be terminable at the will of the Company.
Termination shall be effective upon such notice or as otherwise provided and no amounts shall be payable in connection therewith except amounts legally required to be paid, such as accrued but as yet unpaid compensation or accrued vacation, or as
provided in accordance with the terms of the Executive Change in Control and Severance Agreement which is being executed by Executive and the Company at the same time as this Agreement is being signed. The Agreement shall also terminate upon
Employee’s death or Disability (as defined in the Executive Change in Control and Severance Agreement). Upon termination, all rights, duties and obligations under this Agreement shall cease, except those set forth in Sections 2(c), 7(a), 8 and
9. 
 9. General Provisions. 
 (a) Notices. All notices, requests, demands and other communications required or permitted to be given to a Party pursuant to the provisions of this Agreement shall be in writing and shall be
effective and deemed given to such party under this Agreement on the earliest of the following: (a) the date of personal delivery; (b) two (2) business days after transmission by facsimile, addressed to the other Party at its
facsimile number, with confirmation of transmission; (c) three (3) business days after deposit with a nationally recognized overnight delivery courier for United States deliveries, marked for next-day delivery; and (d) five
(5) business days after deposit in the United States mail by registered or certified mail (return receipt requested) for United States deliveries. All notices not delivered personally or by facsimile will be sent by certified first class mail,
postage prepaid, return receipt requested, in any such case as follows (or to such other address as a Party may have advised the other Party by ten (10) days advance written notice in the manner provided in this Section 9(a)): 

If to the Company: 
 Invensense Inc. 
 1197 Borregas Avenue 

Sunnyvale, CA 94089 
 Attn: Chief Financial Officer 
 Telephone: 408 988 7339 

  

INVENSENSE, INC. 
 EMPLOYMENT AGREEMENT WITH BEHROOZ ABDI 

  
 -6-

 If to Employee: 
 Behrooz Abdi 
 [address] 

Telephone:                     

 (b) Entire Agreement. This Agreement, together with the Executive Change in Control and Severance Agreement and the
form of confidential information agreement and the standard forms of equity award agreements that describe Executive’s equity awards (other than as such equity award agreements have been revised pursuant to this Agreement), contains the entire
agreement and understanding concerning the subject matter hereof between the Parties and supersedes and replaces all prior negotiations and proposed agreements, written and oral. Employee acknowledges that no other party, or any agent or attorney of
any other party has made any promise, representation or warranty whatsoever, express or implied, not contained herein, concerning the subject matter hereof, to induce him to execute this Agreement or the Executive Change in Control and Severance
Agreement, and Employee acknowledges that he has not executed either Agreement in reliance upon any such promise, representation or warranty not contained herein or therein. 
 (c) Modifications. Any modification of this Agreement shall only be effective if it is in writing and signed by the Party to be charged. 

(d) Effect of Waiver. The failure of any Party to insist on strict compliance with any of the terms, covenants or conditions of
the Agreement by any other Party shall not be deemed a waiver of that term, covenant or condition, nor shall any waiver or relinquishment of any right or power at any one time or times be deemed a waiver or relinquishment of that right or power for
all or any other times. 
 (e) Partial Invalidity. If any provision of this Agreement is held to be invalid or
unenforceable under a given circumstance, then the remaining provisions shall remain, nevertheless, in full force and effect under such circumstance. The Parties agree to renegotiate in good faith the term held invalid or unenforceable and to be
bound by the mutually agreed substitute provision under such circumstances in order to give the most approximate effect intended by the Parties. 
 (f) Governing Law. This Agreement shall be governed by, interpreted under, construed and enforced in accordance with the laws of the State of California, excluding any choice of law principles
which could cause the law of any other jurisdiction to be applied. 
 (g) Attorneys’ Fees. The Company shall
reimburse Executive for the reasonable, documented attorneys’ fees incurred by Executive in connection with the drafting, negotiation and execution of this Agreement and any related documents in an amount not to exceed [$7,500]. 

(h) Counterparts; facsimile signatures. This Agreement may be executed in counterparts, each of which shall be deemed an original,
but both of which together shall constitute one and the same instrument. This Agreement may also be executed and delivered by 

  

INVENSENSE, INC. 
 EMPLOYMENT AGREEMENT WITH BEHROOZ ABDI 

  
 -7-

 
facsimile and, upon such delivery, the facsimile will be deemed to have the same effect as if the original signature had been delivered to the other Party. The Parties agree to exchange original
signatures, but the failure to deliver the original signature copy and/or the nonreceipt of the original signature copy shall have no effect upon the binding and enforceable nature of this Agreement. 

(i) Indemnification and Insurance. The Company shall indemnify Executive to the full extent provided for in its corporate Bylaws
and to the maximum extent that the Company indemnifies any of its other directors and senior executive officers, and he will be entitled to the protection of any insurance policies the Company may elect to maintain generally for the benefit of its
directors and senior executive officers against all costs, charges, liabilities and expenses incurred or sustained by him in connection with any action, suit or proceeding to which he may be made a party by reason of his being or having been a
director, officer or employee of the Company or any of its affiliates or his serving or having served any other enterprise, plan or trust as a director, officer, employee or fiduciary at the request of the Company or any of its affiliates (other
than any dispute, claim or controversy arising under or relating to this Agreement (except for this Section 9(i))). The Company will enter into an indemnification agreement with the Executive in the standard form that it has or will adopt for
the benefit of its other directors and senior executive officers. The provisions of this Section 9(i) shall survive any termination of the Executive’s employment or any termination of this Agreement. 

  

INVENSENSE, INC. 
 EMPLOYMENT AGREEMENT WITH BEHROOZ ABDI 

  
 -8-

 AUTHORIZED SIGNATURES 

For the purpose of binding the Parties to the above Agreement, the Parties or their duly authorized representatives have signed their
names below, effective as of the Effective Date. 
  

			
	COMPANY:  
 INVENSENSE INC.
  

	By	 	 /s/ Amit Shah

		 	Amit Shah, Director
	
	EMPLOYEE:

 
	
	
	/s/ Behrooz Abdi
	     Behrooz Abdi

  

INVENSENSE, INC. 
 EMPLOYMENT AGREEMENT WITH BEHROOZ ABDI 

  
 -9-

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