Document:

2011 Employee Stock Purchase Plan

 Exhibit 10.3 
 APACHE DESIGN SOLUTIONS, INC. 
 2011 EMPLOYEE STOCK PURCHASE PLAN

  

	1.	PURPOSE 

 The purpose of
this Plan is to assist Eligible Employees in acquiring a stock ownership interest in the Corporation, at a favorable price and upon favorable terms, pursuant to a plan which is intended to qualify as an “employee stock purchase plan” under
Section 423 of the Code. This Plan is also intended to encourage Eligible Employees to remain in the employ of the Corporation or a Participating Subsidiary and to provide them with an additional incentive to advance the best interests of the
Corporation. 
  

	2.	DEFINITIONS 

 Capitalized
terms used herein which are not otherwise defined shall have the following meanings. 
 “Account” means the
bookkeeping account maintained by the Corporation, or by a recordkeeper on behalf of the Corporation, for a Participant pursuant to Section 7(a). 
 “Board” means the Board of Directors of the Corporation. 

“Code” means the U.S. Internal Revenue Code of 1986, as amended from time to time. 

“Commission” means the U.S. Securities and Exchange Commission. 

“Committee” means the committee appointed by the Board to administer this Plan pursuant to Section 12. 

“Common Stock” means the common stock, par value $0.0001 per share, of the Corporation, and such other securities or
property as may become the subject of Options pursuant to an adjustment made under Section 17. 

“Compensation” means an Eligible Employee’s regular earnings and shall not include any overtime pay, sick pay, shift
differential, shift premium, vacation pay, cash incentive compensation, commissions or cash bonuses. Compensation also includes any amounts contributed as salary reduction contributions to a plan qualifying under Section 401(k), 125 or 129 of
the Code. Any other form of remuneration is excluded from Compensation, including (but not limited to) the following: prizes, awards, relocation or housing allowances, stock option exercises, stock appreciation right payments, the vesting or grant
of restricted stock, the payment of stock units, performance awards, auto allowances, tuition reimbursement, perquisites, non-cash compensation and other forms of imputed income. Notwithstanding the foregoing, Compensation shall not include any
amounts deferred under or paid from any nonqualified deferred compensation plan maintained by the Corporation or any Subsidiary. 

  
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 “Contributions” means the bookkeeping amounts credited to the Account of a
Participant pursuant to this Plan, equal in amount to the amount of Compensation that the Participant has elected to contribute for the purchase of Common Stock under and in accordance with this Plan. 

“Corporation” means Apache Design Solutions, Inc., a Delaware corporation, and its successors. 

“Effective Date” means the date on which this Plan is initially approved by the stockholders of the Corporation.

 “Eligible Employee” means any employee of the Corporation, or of any Subsidiary which has been designated in
writing by the Committee as a “Participating Subsidiary.” Notwithstanding the foregoing, “Eligible Employee” shall not include any employee: 
  

	 	(a)	whose customary employment is for five (5) months or less in a calendar year; or 

 

	 	(b)	whose customary employment is for twenty (20) hours or less per week. 

 “Exchange Act” means the U.S. Securities Exchange Act of 1934, as amended from time to time. 
 “Fair Market Value” on any date means: 
  

	 	(a)	if the Common Stock is listed or admitted to trade on a national securities exchange, the closing price of a share of Common Stock on such date on the principal
national securities exchange on which the Common Stock is so listed or admitted to trade, or, if there is no trading of the Common Stock on such date, then the closing price of a share of Common Stock on such exchange on the next preceding date on
which there was trading in the shares of Common Stock; 

  

	 	(b)	in the absence of exchange data required to determine Fair Market Value pursuant to the foregoing, the value as established by the Committee as of the relevant time for
purposes of this Plan. 

 “Grant Date” means, with respect to an Offering Period, the first day of
that Offering Period. 
 “Individual Limit” has the meaning given to such term in Section 4(b). 

“New Purchase Date” has the meaning given to such term in Section 18. 

“Offering Period” means the period of twenty-four (24) consecutive months commencing on each Grant Date as provided
in Section 5; provided, however, that the Committee may declare, as it deems appropriate and in advance of the 

  
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applicable Offering Period, a shorter (not to be less than three months) Offering Period or a longer (not to exceed 27 months) Offering Period. 

“Option” means the stock option to acquire shares of Common Stock granted to a Participant pursuant to Section 8.

 “Option Price” means the per share exercise price of an Option as determined in accordance with
Section 8(b). 
 “Parent” means any corporation (other than the Corporation) in an unbroken chain of
corporations ending with the Corporation in which each corporation (other than the Corporation) owns stock possessing 50% or more of the total combined voting power of all classes of stock in one or more of the other corporations in the chain.

 “Participant” means an Eligible Employee who has elected to participate in this Plan and who has filed a
valid and effective Subscription Agreement to make Contributions pursuant to Section 6. 
 “Participating
Subsidiary” shall have the meaning given to such term in Section 19(c). 
 “Plan” means this
Apache Design Solutions, Inc. 2011 Employee Stock Purchase Plan, as it may be amended or restated from time to time. 

“Purchase Date” means, with respect to a Purchase Period, the last day of that Purchase Period. 

“Purchase Period” has the meaning set forth in Section 5. 

“Subscription Agreement” means the written agreement filed by an Eligible Employee with the Corporation pursuant to
Section 6 to participate in this Plan. 
 “Subsidiary” means any corporation (other than the Corporation)
in an unbroken chain of corporations (beginning with the Corporation) in which each corporation (other than the last corporation) owns stock possessing 50% or more of the total combined voting power of all classes of stock in one or more of the
other corporations in the chain. 
  

	3.	ELIGIBILITY 

 Any person
employed as an Eligible Employee as of the beginning of any given Offering Period (and who is not a Participant in any Offering Period then in effect) shall be eligible to participate in such Offering Period, subject to the Eligible Employee
satisfying the requirements of Section 6. 

  
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	4.	STOCK SUBJECT TO THIS PLAN; SHARE LIMITATIONS 

  

	 	(a)	Aggregate Share Limit. Subject to the provisions of Section 17, the capital stock that may be delivered under this Plan will be shares of the
Corporation’s authorized but unissued Common Stock. The maximum number of shares of Common Stock that may be delivered pursuant to Options granted under this Plan is 600,000 shares, subject to adjustments pursuant to Section 17.

 In addition, subject to adjustments pursuant to Section 17, the Share Limit shall automatically increase on
the first trading day in January of each calendar year during the term of this Plan, commencing with January of 2012, by an amount equal to the lesser of (i) one percent (1.0%) of the total number of shares of Common Stock issued and
outstanding on December 31 of the immediately preceding calendar year, (ii) 2,000,000 shares of Common Stock or (iii) such number of shares of Common Stock as may be established by the Board. 

 

	 	(b)	Individual Share Limit. The maximum number of shares of Common Stock that any one individual may acquire upon exercise of his or her Option with respect to any
one Purchase Period is 5,000, subject to adjustments pursuant to Section 17 (the “Individual Limit”). The Committee may amend the Individual Limit as it applies to any particular Offering Period, effective no earlier than the
first day of such Offering Period, without stockholder approval. 

  

	 	(c)	Shares Not Actually Delivered. Shares that are subject to or underlie Options, which for any reason are cancelled or terminated, are forfeited, fail to vest, or
for any other reason are not paid or delivered under this Plan shall again, except to the extent prohibited by law, be available for subsequent Options under this Plan. 

 

	5.	OFFERING AND PURCHASE PERIODS 

  

	 	(a)	 Offering Periods. During the term of this Plan, the Corporation will grant Options to purchase shares of Common Stock in each Offering Period to
all Participants in that Offering Period. Unless otherwise specified by the Committee in advance of a particular Offering Period, each Offering Period will be of twenty-four (24) months duration, with the initial Offering Period commencing on
the first business day of August 2011 and a new Offering Period commencing on the first business day of each February and August thereafter, such that more than one Offering Period may be in effect at any one time; provided, however, that no
Eligible Employee may be a Participant in, or hold an outstanding Option with respect to, more than one Offering Period at any one time. In the event that the Fair Market Value of the Common Stock on any Purchase Date during an Offering Period is
lower than the Fair Market Value of the Common Stock on the Grant Date of that Offering Period, that Offering Period will terminate on such Purchase Date, and each Participant in such terminated Offering Period will be automatically enrolled in the
new Offering Period that commences on the first business day of February or August, as applicable, that immediately follows such Purchase Date. Each Option shall become effective on the Grant Date of the Offering Period with respect to which the
Option is granted. The term of each 

  
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Option shall be the duration of the related Offering Period and shall end on the Purchase Date for the fourth and final Purchase Period of that Offering Period. Offering Periods shall continue
until this Plan is terminated in accordance with Section 18 or 19, or, if earlier, until no shares of Common Stock remain available for Options pursuant to Section 4. 

 

	 	(b)	Purchase Periods. Unless otherwise specified by the Committee in advance of a particular Offering Period, each Offering Period will consist of four
(4) Purchase Periods, and each Purchase Period will be of six (6) months duration. Purchase Periods shall commence on the first business day of February and August (commencing with August 2011) and shall end on the last business day of the
immediately following July or January, respectively. 

  

	6.	PARTICIPATION 

  

	 	(a)	Enrollment. An Eligible Employee may become a participant in this Plan by completing a Subscription Agreement on a form approved by and in a manner prescribed by
the Committee (or its delegate). To become effective, a Subscription Agreement must be signed by the Eligible Employee and be filed with the Corporation at the time specified by the Committee, but in all cases prior to the start of the Offering
Period with respect to which it is to become effective, and must set forth a whole percentage (or, if the Committee so provides, a stated amount) of the Eligible Employee’s Compensation to be credited to the Participant’s Account as
Contributions each pay period. 

  

	 	(b)	Contribution Limits. Notwithstanding the foregoing, a Participant may not elect to contribute less than two percent (2%) nor more than fifteen percent
(15%) (or such other limit as the Committee may establish prior to the start of the applicable Offering Period) of his or her Compensation during any one pay period as Plan Contributions. The Committee also may prescribe other limits, rules or
procedures for Contributions. 

  

	 	(c)	Content and Duration of Subscription Agreements. Subscription Agreements shall contain the Eligible Employee’s authorization and consent to the
Corporation’s withholding from his or her Compensation the amount of his or her Contributions. An Eligible Employee’s Subscription Agreement, and his or her participation election and withholding consent thereon, shall remain valid for all
Offering Periods until (1) the Eligible Employee’s participation terminates pursuant to the terms hereof, (2) the Eligible Employee files a new Subscription Agreement that becomes effective, or (3) the Committee requires that a
new Subscription Agreement be executed and filed with the Corporation. 

  

	7.	METHOD OF PAYMENT OF CONTRIBUTIONS 

  

	 	(a)	 Participation Accounts. The Corporation shall maintain on its books, or cause to be maintained by a recordkeeper, an Account in the name of each
Participant. The percentage of Compensation elected to be applied as Contributions by a Participant shall be deducted from such Participant’s Compensation on each 

  
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payday during the period for payroll deductions set forth below and such payroll deductions shall be credited to that Participant’s Account as soon as administratively practicable after such
date. A Participant may not make any additional payments to his or her Account. A Participant’s Account shall be reduced by any amounts used to pay the Option Price of shares acquired, or by any other amounts distributed pursuant to the terms
hereof. 

  

	 	(b)	Payroll Deductions. Subject to such other rules as the Committee may adopt, payroll deductions with respect to an Offering Period shall commence on the first pay
day which coincides with or immediately follows the applicable Grant Date and shall end on the last pay day which coincides with or immediately precedes the applicable Purchase Date, unless sooner terminated by the Participant as provided in
Section 7(d) or until his or her participation terminates pursuant to Section 11. 

  

	 	(c)	Changes in Contribution Elections for Next Purchase Period. A Participant may discontinue, increase, or decrease the level of his or her Contributions (within
the Plan limits) by completing and filing with the Corporation, on such terms as the Committee (or its delegate) may prescribe, a new Subscription Agreement which indicates such election. Subject to any other timing requirements that the Committee
may impose, an election pursuant to this Section 7(c) shall be effective with the first Purchase Period that commences after the Corporation’s receipt of such election. Except as contemplated by Section 7(d) and 7(e), changes in
Contribution levels may not take effect during a Purchase Period. Other modifications or suspensions of Subscription Agreements are not permitted. 

  

	 	(d)	Withdrawal During an Offering Period. A Participant may terminate his or her Contributions during an Offering Period (and receive a distribution of the balance
of his or her Account in accordance with Section 11) by completing and filing with the Corporation, in such form and on such terms as the Committee (or its delegate) may prescribe, a written withdrawal form which shall be signed by the
Participant. Such termination shall be effective as soon as administratively practicable after its receipt by the Corporation. A withdrawal election pursuant to this Section 7(d) with respect to an Offering Period shall only be effective for a
particular Purchase Period, however, if it is received by the Corporation prior to the Purchase Date of that Purchase Period (or such earlier deadline that the Committee may reasonably require to process the withdrawal prior to the applicable
Purchase Date). Partial withdrawals of Accounts are not permitted. 

  

	 	(e)	 Discontinuance of Contributions During a Purchase Period. A Participant may discontinue his or her Contributions at any time during a Purchase
Period by completing and filing with the Corporation, on such terms as the Committee (or its delegate) may prescribe, a new Subscription Agreement which indicates such election. If a Participant elects to discontinue his or her Contributions
pursuant to this Section 7(e), the Contributions previously credited to the Participant’s Account for that Purchase Period shall be used to exercise the Participant’s Option as of the applicable Purchase Date in accordance with
Section 9 (unless the Participant makes a timely withdrawal election in accordance with Section 

  
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7(d), in which case such Participant’s Account shall be paid to him or her in cash in accordance with Section 11(a)). 

 

	 	(f)	Leaves of Absence. During leaves of absence approved by the Corporation or a Participating Subsidiary and meeting the requirements of Regulation
Section 1.421-1(h)(2) under the Code, a Participant may continue participation in this Plan by cash payments to the Corporation on his normal paydays equal to the reduction in his Plan Contributions caused by his leave.

  

	8.	GRANT OF OPTION 

  

	 	(a)	Grant Date; Number of Shares. On each Grant Date, each Eligible Employee who is a Participant during that Offering Period shall be granted an Option to purchase
a number of shares of Common Stock. The Option shall be exercised on each Purchase Date that occurs during that Offering Period. The number of shares of Common Stock to be purchased upon exercise of the Option on each Purchase Date shall be
determined by dividing the Participant’s Account balance as of that Purchase Date by the Option Price, subject to the limits of Section 8(c). 

  

	 	(b)	Option Price. The Option Price per share of the shares subject to an Option for a Purchase Period shall be the lesser of: (i) 85% of the Fair Market
Value of a Share on the Grant Date of the Offering Period to which the Purchase Period relates; or (ii) 85% of the Fair Market Value of a Share on the Purchase Date of that Purchase Period; provided, however, that the Committee may provide
prior to the start of any Purchase Period that the Option Price for that Purchase Period shall be determined by applying a discount amount (not to exceed 15%) to either (1) the Fair Market Value of a share of Common Stock on the Grant Date of
the Offering Period to which the Purchase Period relates, or (2) the Fair Market Value of a share of Common Stock on the Purchase Date of that Purchase Period, or (3) the lesser of the Fair Market Value of a share of Common Stock on the
Grant Date of the Offering Period to which the Purchase Period relates or the Fair Market Value of a share of Common Stock on the Purchase Date of that Purchase Period. Notwithstanding anything to the contrary in the preceding provisions of this
Section 8(b), in no event shall the Option Price per share be less than the par value of a share of Common Stock. 

  

	 	(c)	Limits on Share Purchases. Notwithstanding anything else contained herein, the maximum number of shares subject to an Option for an Offering Period shall be
subject to the Individual Limit in effect on the Grant Date of that Offering Period (subject to adjustment pursuant to Section 17) and any person who is otherwise an Eligible Employee shall not be granted any Option (or any Option granted shall
be subject to compliance with the following limitations) or other right to purchase shares under this Plan to the extent: 

  

	 	(1)	it would, if exercised, cause the person to own stock (within the meaning of Section 423(b)(3) of the Code) possessing 5% or more of the total combined voting
power or value of all classes of stock of the Corporation, or of any Parent, or of any Subsidiary; or 

  
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	 	(2)	such Option causes such individual to have rights to purchase stock under this Plan and any other plan of the Corporation, any Parent, or any Subsidiary which is
qualified under Section 423 of the Code which accrue at a rate which exceeds $25,000 of the fair market value of the stock of the Corporation, of any Parent, or of any Subsidiary (determined at the time the right to purchase such stock is
granted, before giving effect to any discounted purchase price under any such plan) for each calendar year in which such right is outstanding at any time. 

 For purposes of the foregoing, a right to purchase stock accrues when it first become exercisable during the calendar year. In determining whether the stock ownership of an Eligible Employee equals or
exceeds the 5% limit set forth above, the rules of Section 424(d) of the Code (relating to attribution of stock ownership) shall apply, and stock which the Eligible Employee may purchase under outstanding options shall be treated as stock owned
by the Eligible Employee. 
  

	9.	EXERCISE OF OPTION 

  

	 	(a)	Purchase of Shares. Unless a Participant withdraws pursuant to Section 7(d) or the Participant’s Plan participation is terminated as provided in
Section 11, his or her Option for the purchase of shares shall be exercised automatically on each Purchase Date for that Offering Period, without any further action on the Participant’s part, and the maximum number of whole shares of
Common Stock subject to such Option (subject to the limits of Section 8(c)) shall be purchased at the Option Price with the balance of such Participant’s Account. 

 

	 	(b)	Account Balance Remaining After Purchase. If any amount which is not sufficient to purchase a whole share remains in a Participant’s Account after the
exercise of his or her Option on the Purchase Date: (1) such amount shall be credited to such Participant’s Account for the next Purchase Period, if he or she is then a Participant; or (2) if such Participant is not a Participant in
the next Purchase Period, or if the Committee so elects, such amount shall be refunded to such Participant as soon as administratively practicable after such date. If the share limit of Section 4(a) is reached, any amount that remains in a
Participant’s Account after the exercise of his or her Option on the Purchase Date to purchase the number of shares that he or she is allocated shall be refunded to the Participant as soon as administratively practicable after such date. If any
amount which exceeds the limits of Section 8(c) remains in a Participant’s Account after the exercise of his or her Option on the Purchase Date, such amount shall be refunded to the Participant as soon as administratively practicable after
such date. The Participant’s Account shall be reduced on a dollar-for-dollar basis by any amount used to purchase shares hereunder or any amount refunded to the Participant. 

 

	10.	DELIVERY OF SHARES 

 As
soon as administratively practicable after the Purchase Date, the Corporation shall, in its discretion, either deliver to each Participant a certificate representing the shares of 

  
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Common Stock purchased upon exercise of his or her Option, provide for the crediting of such shares in book entry form in the name of the Participant, or provide for an alternative arrangement
for the delivery of such shares to a broker or recordkeeping service for the benefit of the Participant. In the event the Corporation is required to obtain from any commission or agency authority to issue any such certificate or otherwise deliver
such shares, the Corporation will seek to obtain such authority. If the Corporation is unable to obtain from any such commission or agency authority which counsel for the Corporation deems necessary for the lawful issuance of any such certificate or
other delivery of such shares, or if for any other reason the Corporation cannot issue or deliver shares of Common Stock and satisfy Section 21, the Corporation shall be relieved from liability to any Participant except that the Corporation
shall return to each Participant to whom such shares cannot be issued or delivered the amount of the balance credited to his or her Account that would have otherwise been used for the purchase of such shares. 

 

	11.	TERMINATION OF EMPLOYMENT; CHANGE IN ELIGIBLE STATUS 

  

	 	(a)	General. Except as provided in Section 11(b) below, if a Participant ceases to be an Eligible Employee for any reason (including, without limitation, due to
the Participant’s death, disability, resignation or retirement, or due to a layoff or other termination of employment with or without cause), or if the Participant elects to withdraw from the Plan pursuant to Section 7(d), at any time
prior to the last day of an Offering Period in which he or she participates, such Participant’s Account shall be paid to him or her (or, in the event of the Participant’s death, to the person or persons entitled thereto under
Section 13) in cash, and such Participant’s Option and participation in the Plan shall automatically terminate as of the time that the Participant ceased to be an Eligible Employee. 

 

	 	(b)	Change in Eligible Status; Leave. If a Participant (1) ceases to be an Eligible Employee during a Purchase Period but remains an employee of the Corporation
or a Subsidiary through the Purchase Date for that Purchase Period (for example, and without limitation, due to a change in the Participant’s employer from the Corporation or a Participating Subsidiary to a non-Participating Subsidiary, if the
Participant’s employer ceases to maintain the Plan as a Participating Subsidiary but otherwise continues as a Subsidiary, or if the Participant’s customary level of employment no longer satisfies the requirements set forth in the
definition of Eligible Employee), or (2) during a Purchase Period commences a sick leave, military leave, or other leave of absence approved by the Corporation or a Participating Subsidiary, and the leave meets the requirements of Treasury
Regulation Section 1.421-1(h)(2) and the Participant is an employee of the Corporation or a Subsidiary or on such leave as of the applicable Purchase Date, such Participant’s Contributions shall cease (subject to Section 7(d) and
Section 7(f)), and the Contributions previously credited to the Participant’s Account for that Purchase Period shall be used to exercise the Participant’s Option as of the applicable Purchase Date in accordance with Section 9
(unless the Participant makes a timely withdrawal election in accordance with Section 7(d), in which case such Participant’s Account shall be paid to him or her in cash in accordance with Section 11(a)). 

  
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	 	(c)	Re-Enrollment. A Participant’s termination from Plan participation precludes the Participant from again participating in this Plan during that Offering
Period. However, such termination shall not have any effect upon his or her ability to participate in any succeeding Offering Period, provided that the applicable eligibility and participation requirements are again then met. A Participant’s
termination from Plan participation shall be deemed to be a revocation of that Participant’s Subscription Agreement and such Participant must file a new Subscription Agreement to resume Plan participation in any succeeding Offering Period.

  

	 	(d)	Change in Subsidiary Status. For purposes of this Plan, if a Subsidiary ceases to be a Subsidiary, each person employed by that Subsidiary will be deemed to have
terminated employment for purposes of this Plan, unless the person continues as an employee of the Corporation or another Subsidiary. 

  

	12.	ADMINISTRATION 

  

	 	(a)	The Committee. The Board shall appoint the Committee, which shall be composed of not less than two members of the Board. The Board may, at any time, increase or
decrease the number of members of the Committee, may remove from membership on the Committee all or any portion of its members, and may appoint such person or persons as it desires to fill any vacancy existing on the Committee, whether caused by
removal, resignation, or otherwise. The Board may also, at any time, assume the administration of all or a part of this Plan, in which case references (or relevant references in the event the Board assumes the administration of only certain aspects
of this Plan) to the “Committee” shall be deemed to be references to the Board. Action of the Committee with respect to this Plan shall be taken pursuant to a majority vote or by the unanimous written consent of its members. No member of
the Committee shall be entitled to act on or decide any matter relating solely to himself or herself or solely to any of his or her rights or benefits under this Plan. 

 

	 	(b)	 Powers and Duties of the Committee. Subject to the express provisions of this Plan, the Committee shall supervise and administer this Plan and
shall have the full authority and discretion: (1) to construe and interpret this Plan and any agreements defining the rights and obligations of the Corporation, any Subsidiary, and Participants under this Plan; (2) to further define the
terms used in this Plan; (3) to prescribe, amend and rescind rules and regulations relating to the administration of this Plan (including, without limitation, deadlines for making elections or for providing any notices contemplated by this
Plan, which deadlines may be more restrictive than any deadlines otherwise contemplated by this Plan); and (4) to make all other determinations and take such other action as contemplated by this Plan or as may be necessary or advisable for the
administration of this Plan or the effectuation of its purposes. Notwithstanding anything else contained in this Plan to the contrary, the Committee may also adopt rules, procedures, separate offerings or sub-plans applicable to particular
Subsidiaries or locations, which sub-plans may be designed to be outside the 

  
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scope of Section 423 of the Code and need not comply with the otherwise applicable provisions of this Plan. 

 

	 	(c)	Decisions of the Committee are Binding. Any action taken by, or inaction of, the Corporation, any Subsidiary, the Board or the Committee relating or pursuant to
this Plan and within its authority hereunder or under applicable law shall be within the absolute discretion of that entity or body and shall be conclusive and binding upon all persons. 

 

	 	(d)	Indemnification. Neither the Board nor any Committee, nor any member thereof or person acting at the direction thereof, shall be liable for any act, omission,
interpretation, construction or determination made in good faith in connection with this Plan, and all such persons shall be entitled to indemnification and reimbursement by the Corporation in respect of any claim, loss, damage or expense
(including, without limitation, attorneys’ fees) arising or resulting therefrom to the fullest extent permitted by law and/or under any directors and officers liability insurance coverage that may be in effect from time to time.

  

	 	(e)	Reliance on Experts. In making any determination or in taking or not taking any action under this Plan, the Committee or the Board, as the case may be, may
obtain and may rely upon the advice of experts, including professional advisors to the Corporation. No director, officer or agent of the Corporation or any Participating Subsidiary shall be liable for any such action or determination taken or made
or omitted in good faith. 

  

	 	(f)	Delegation. The Committee may delegate ministerial, non-discretionary functions to individuals who are officers or employees of the Corporation or a Subsidiary.

  

	13.	DESIGNATION OF BENEFICIARY 

If the Committee permits beneficiary designations with respect to this Plan, then each Participant may file, on a form and in a manner
prescribed by the Committee (or its delegate), a written designation of a beneficiary who is to receive any shares or cash from or with respect to such Participant’s Account under this Plan in the event of such Participant’s death. If a
Participant is married and the designated beneficiary is not solely his or her spouse, spousal consent shall be required for such designation to be effective unless it is established (to the satisfaction of the Committee or its delegate) that there
is no spouse or that the spouse cannot be located. The Committee may rely on the last designation of a beneficiary filed by a Participant in accordance with this Plan. Beneficiary designations may be changed by the Participant (and his or her
spouse, if required) at any time on forms provided and in the manner prescribed by the Committee (or its delegate). 
 If a
Participant dies with no validly designated beneficiary under this Plan who is living at the time of such Participant’s death (or in the event the Committee does not permit beneficiary designations under this Plan), the Corporation shall
deliver all shares and/or cash payable pursuant to the terms hereof to the executor or administrator of the estate of 

  
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the Participant, or if no such executor or administrator has been appointed, the Corporation, in its discretion, may deliver such shares and/or cash to the spouse or to any one or more dependents
or relatives of the Participant, or if no spouse, dependent or relative is known to the Corporation, then to such other person as the Corporation may designate. 
 If a Participant’s death occurs before the end of an Offering Period or subsequent to the end of an Offering Period but prior to the delivery to him or her or for his or her benefit of any shares
deliverable under the terms of this Plan, and the Corporation has notice of the Participant’s death, then any shares purchased for that Offering Period and any remaining balance of such Participant’s Account shall be paid to such
beneficiary (or such other person entitled to such payment pursuant to this Section 13). If the Committee permits beneficiary designations with respect to this Plan, any such designation shall have no effect with respect to shares purchased and
actually delivered (or credited, as the case may be) to or for the benefit of the Participant. 
  

	14.	TRANSFERABILITY 

 Neither
Contributions credited to a Participant’s Account nor any Options or rights with respect to the exercise of Options or right to receive shares under this Plan may be anticipated, alienated, encumbered, assigned, transferred, pledged or
otherwise disposed of in any way (other than by will, the laws of descent and distribution, or as provided in Section 13) by the Participant. Any such attempt at anticipation, alienation, encumbrance, assignment, transfer, pledge or other
disposition shall be without effect and all amounts shall be paid and all shares shall be delivered in accordance with the provisions of this Plan. Amounts payable or shares deliverable pursuant to this Plan shall be paid or delivered only to (or
credited in the name of, as the case may be) the Participant or, in the event of the Participant’s death, the Participant’s beneficiary pursuant to Section 13. 

 

	15.	USE OF FUNDS; INTEREST 

All Contributions received or held by the Corporation under this Plan will be included in the general assets of the Corporation and may be
used for any corporate purpose. Notwithstanding anything else contained herein to the contrary, no interest will be paid to any Participant or credited to his or her Account under this Plan (in respect of Account balances, refunds of Account
balances, or otherwise). Amounts payable under this Plan shall be payable in shares of Common Stock or from the general assets of the Corporation and, except for any shares that may be reserved on the books of the Corporation for issuance with
respect to this Plan, no special or separate reserve, fund or deposit shall be made to assure payment of amounts that may be due with respect to this Plan. 
  

	16.	REPORTS 

 Statements shall
be provided (either electronically or in written form, as the Committee may provide from time to time) to Participants as soon as administratively practicable following each Purchase Date. Each Participant’s statement shall set forth, as of
such Purchase Date, that Participant’s Account balance immediately prior to the exercise of his 

  
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or her Option, the Option Price, the number of whole shares purchased and his or her remaining Account balance, if any. 

 

	17.	ADJUSTMENTS OF AND CHANGES IN THE STOCK 

 Upon or in contemplation of any reclassification, recapitalization, stock split (including a stock split in the form of a stock dividend), or reverse stock split; any merger, combination, consolidation,
or other reorganization; split-up, spin-off, or any similar extraordinary dividend distribution in respect of the Common Stock (whether in the form of securities or property); any exchange of Common Stock or other securities of the Corporation, or
any similar, unusual or extraordinary corporate transaction in respect of the Common Stock; or a sale of substantially all the assets of the Corporation as an entirety occurs; then the Committee shall equitably and proportionately adjust
(1) the number and type of shares or the number and type of other securities that thereafter may be made the subject of Options (including the specific maxima and numbers of shares set forth elsewhere in this Plan), (2) the number, amount
and type of shares (or other securities or property) subject to any or all outstanding Options, (3) the Option Price of any or all outstanding Options, and/or (4) the securities, cash or other property deliverable upon exercise of any
outstanding Options, in each case to the extent necessary to preserve (but not increase) the level of incentives intended by this Plan and the then-outstanding Options. 
 Upon the occurrence of any event described in the preceding paragraph, or any other event in which the Corporation does not survive (or does not survive as a public company in respect of its Common
Stock); then the Committee may make provision for a cash payment or for the substitution or exchange of any or all outstanding Options for cash, securities or property to be delivered to the holders of any or all outstanding Options based upon the
distribution or consideration payable to holders of the Common Stock upon or in respect of such event. 
 The Committee may adopt
such valuation methodologies for outstanding Options as it deems reasonable in the event of a cash or property settlement and, without limitation on other methodologies, may base such settlement solely upon the excess (if any) of the amount payable
upon or in respect of such event over the Option Price of the Option. 
 In any of such events, the Committee may take such
action sufficiently prior to such event to the extent that the Committee deems the action necessary to permit the Participant to realize the benefits intended to be conveyed with respect to the underlying shares in the same manner as is or will be
available to stockholders generally. 
  

	18.	POSSIBLE EARLY TERMINATION OF PLAN AND OPTIONS 

 Upon a dissolution or liquidation of the Corporation, or any other event described in Section 17 that the Corporation does not survive or does not survive as a publicly-traded company in respect of
its Common Stock, as the case may be, and the Committee does not make provision for a cash payment or for the substitution or exchange of outstanding Options in accordance with Section 17, then each Purchase Period then in progress shall be
shortened and a new Purchase Date shall be established by the Committee (the “New 

  
 13 

 
Purchase Date”), as of which date the Plan and any Purchase Period and related Offering Period then in progress will terminate. The New Purchase Date shall be on or before the date of the
consummation of the transaction and the Committee shall notify each Participant in writing at least ten (10) days prior to the New Purchase Date that the Purchase Date for his or her outstanding Option has been changed to the New Purchase Date
and that his or her Option will be exercised automatically on the New Purchase Date, unless prior to such date he or she has withdrawn from the Offering Period in accordance with Section 7(d). The Option Price on the New Purchase Date shall be
determined as provided in Section 8(b), and, if applicable, the New Purchase Date shall be treated as the “Purchase Date” for purposes of determining such Option Price. 

 

	19.	TERM OF PLAN; AMENDMENT OR TERMINATION 

  

	 	(a)	 Effective Date; Termination. Subject to Section 19(b), this Plan shall become effective as of the Effective Date. No new Offering Periods
shall commence on or after the twentieth
(20th) anniversary of the Effective Date, and this
Plan shall terminate as of the Purchase Date on or immediately following such date unless sooner terminated pursuant to Section 18 or this Section 19. In the event that during a particular Purchase Period all of the shares of Common Stock
made available under this Plan are subscribed prior to the expiration of this Plan, this Plan and all outstanding Options hereunder shall terminate at the end of that Purchase Period and the shares available shall be allocated for purchase by
Participants in that Purchase Period on a pro-rata basis determined with respect to Participants’ Account balances. 

  

	 	(b)	Board Amendment Authority. The Board may, at any time, terminate or, from time to time, amend, modify or suspend this Plan, in whole or in part and without
notice. Stockholder approval for any amendment or modification shall not be required, except to the extent required by law or applicable stock exchange rules, or required under Section 423 of the Code in order to preserve the intended tax
consequences of this Plan. No Options may be granted during any suspension of this Plan or after the termination of this Plan, but the Committee will retain jurisdiction as to Options then outstanding in accordance with the terms of this Plan. No
amendment, modification, or termination pursuant to this Section 19(b) shall, without written consent of the Participant, affect in any manner materially adverse to the Participant any rights or benefits of such Participant or obligations of
the Corporation under any Option granted under this Plan prior to the effective date of such change. Changes contemplated by Section 17 or Section 18 shall not be deemed to constitute changes or amendments requiring Participant consent.

  

	 	(c)	 Certain Additional Committee Authority. Notwithstanding the amendment provisions of Section 19(b) and without limiting the Board’s
authority thereunder and without limiting the Committee’s authority pursuant to any other provision of this Plan, the Committee shall have the right (1) to designate from time to time the Subsidiaries whose employees may be eligible to
participate in this Plan (including, without limitation, any Subsidiary that may first become such after the date stockholders first approve this Plan) (each a “Participating Subsidiary”), and (2) to change the service and
other qualification requirements set forth under 

  
 14 

	 	 
the definition of Eligible Employee in Section 2 (subject to the requirements of Section 423(b) of the Code and applicable rules and regulations thereunder). Any such change shall not
take effect earlier than the first Offering Period that starts on or after the effective date of such change. Any such change shall not require stockholder approval. 

 

	20.	NOTICES 

 All notices or
other communications by a Participant to the Corporation contemplated by this Plan shall be deemed to have been duly given when received in the form and manner specified by the Committee (or its delegate) at the location, or by the person,
designated by the Committee (or its delegate) for that purpose. 
  

	21.	CONDITIONS UPON ISSUANCE OF SHARES 

 This Plan, the granting of Options under this Plan and the offer, issuance and delivery of shares of Common Stock are subject to compliance with all applicable federal and state laws, rules and
regulations (including but not limited to state and federal securities laws) and to such approvals by any listing, regulatory or governmental authority as may, in the opinion of counsel for the Corporation, be necessary or advisable in connection
therewith. The person acquiring any securities under this Plan will, if requested by the Corporation and as a condition precedent to the exercise of his or her Option, provide such assurances and representations to the Corporation as the Committee
may deem necessary or desirable to assure compliance with all applicable legal requirements. 
  

	22.	PLAN CONSTRUCTION 

  

	 	(a)	Section 16. It is the intent of the Corporation that transactions involving Options under this Plan (other than “Discretionary Transactions” as
that term is defined in Rule 16b-3(b)(1) promulgated by the Commission under Section 16 of the Exchange Act, to the extent there are any Discretionary Transactions under this Plan), in the case of Participants who are or may be subject to the
prohibitions of Section 16 of the Exchange Act, satisfy the requirements for exemption under Rule 16b-3(c) promulgated by the Commission under Section 16 of the Exchange Act to the maximum extent possible. Notwithstanding the foregoing,
the Corporation shall have no liability to any Participant for Section 16 consequences of Options or other events with respect to this Plan. 

  

	 	(b)	Section 423. Except as the Committee may expressly provide in the case of one or more sub-plans adopted pursuant to Section 12(b), this Plan and
Options are intended to qualify under Section 423 of the Code. Accordingly, all Participants are to have the same rights and privileges (within the meaning of Section 423(b)(5) of the Code and except as not required thereunder to qualify
this Plan under Section 423) under this Plan, subject to differences in Compensation among Participants and subject to the Contribution and share limits of this Plan. 

 

	 	(c)	 Interpretation. If any provision of this Plan or of any Option would otherwise frustrate or conflict with the intents expressed above, that
provision to the extent possible shall be interpreted so as to avoid such conflict. If the conflict remains 

  
 15 

	 	 
irreconcilable, the Committee may disregard the provision if it concludes that to do so furthers the interest of the Corporation and is consistent with the purposes of this Plan as to such
persons in the circumstances. 

  

	23.	EMPLOYEES’ RIGHTS 

  

	 	(a)	No Employment Rights. Nothing in this Plan (or in any Subscription Agreement or other document related to this Plan) will confer upon any Eligible Employee or
Participant any right to continue in the employ or other service of the Corporation or any Subsidiary, constitute any contract or agreement of employment or other service or effect an employee’s status as an employee at will, nor shall
interfere in any way with the right of the Corporation or any Subsidiary to change such person’s compensation or other benefits or to terminate his or her employment or other service, with or without cause. Nothing contained in this
Section 23(a), however, is intended to adversely affect any express independent right of any such person under a separate employment or service contract other than a Subscription Agreement. 

 

	 	(b)	No Rights to Assets of the Company. No Participant or other person will have any right, title or interest in any fund or in any specific asset (including shares
of Common Stock) of the Corporation or any Subsidiary by reason of any Option hereunder. Neither the provisions of this Plan (or of any Subscription Agreement or other document related to this Plan), nor the creation or adoption of this Plan, nor
any action taken pursuant to the provisions of this Plan will create, or be construed to create, a trust of any kind or a fiduciary relationship between the Corporation or any Subsidiary and any Participant, Beneficiary or other person. To the
extent that a Participant, Beneficiary or other person acquires a right to receive payment pursuant to this Plan, such right will be no greater than the right of any unsecured general creditor of the Corporation. 

 

	 	(c)	No Stockholder Rights. A Participant will not be entitled to any privilege of stock ownership as to any shares of Common Stock not actually delivered to and held
of record by the Participant. No adjustment will be made for dividends or other rights as a stockholder for which a record date is prior to such date of delivery. 

 

	24.	MISCELLANEOUS 

  

	 	(a)	Governing Law. This Plan, the Options, Subscription Agreements and other documents related to this Plan shall be governed by, and construed in accordance with,
the laws of the State of Delaware. 

  

	 	(b)	Severability. If any provision shall be held by a court of competent jurisdiction to be invalid and unenforceable, the remaining provisions of this Plan shall
continue in effect. 

  

	 	(c)	Captions and Headings. Captions and headings are given to the sections of this Plan solely as a convenience to facilitate reference. Such captions and headings
shall not be deemed in any way material or relevant to the construction of interpretation of this Plan or any provision hereof. 

  
 16 

	 	(d)	No Effect on Other Plans or Corporate Authority. The adoption of this Plan shall not affect any other Corporation or Subsidiary compensation or incentive plans
in effect. Nothing in this Plan will limit or be deemed to limit the authority of the Board or Committee (1) to establish any other forms of incentives or compensation for employees of the Corporation or any Subsidiary (with or without
reference to the Common Stock), or (2) to grant or assume options (outside the scope of and in addition to those contemplated by this Plan) in connection with any proper corporate purpose; to the extent consistent with any other plan or
authority. Benefits received by a Participant under an Option granted pursuant to this Plan shall not be deemed a part of the Participant’s compensation for purposes of the determination of benefits under any other employee welfare or benefit
plans or arrangements, if any, provided by the Corporation or any Subsidiary, except where the Committee or the Board (or the Board of Directors of the Subsidiary that sponsors such plan or arrangement, as applicable) expressly otherwise provides or
authorizes in writing. 

  

	25.	TAX WITHHOLDING 

Notwithstanding anything else contained in this Plan herein to the contrary, the Corporation may deduct from a Participant’s Account
balance as of a Purchase Date, before the exercise of the Participant’s Option is given effect on such date, the amount of taxes (if any) which the Corporation reasonably determines it or any Subsidiary may be required to withhold with respect
to such exercise. In such event, the maximum number of whole shares subject to such Option (subject to the other limits set forth in this Plan) shall be purchased at the Option Price with the balance of the Participant’s Account (after
reduction for the tax withholding amount). 
 Should the Corporation for any reason be unable, or elect not to, satisfy its or
any Subsidiary’s tax withholding obligations in the manner described in the preceding paragraph with respect to a Participant’s exercise of an Option, or should the Corporation or any Subsidiary reasonably determine that it or an
affiliated entity has a tax withholding obligation with respect to a disposition of shares acquired pursuant to the exercise of an Option prior to satisfaction of the holding period requirements of Section 423 of the Code, the Corporation or
Subsidiary, as the case may be, shall have the right at its option to (1) require the Participant to pay or provide for payment of the amount of any taxes which the Corporation or Subsidiary reasonably determines that it or any affiliate is
required to withhold with respect to such event or (2) deduct from any amount otherwise payable to or for the account of the Participant the amount of any taxes which the Corporation or Subsidiary reasonably determines that it or any affiliate
is required to withhold with respect to such event. 
  

	26.	NOTICE OF SALE 

 Any
person who has acquired shares under this Plan shall give prompt written notice to the Corporation of any sale or other transfer of the shares if such sale or transfer occurs (1) within the two-year period after the Grant Date of the Offering
Period with respect to which such shares were acquired, or (2) within the twelve-month period after the Purchase Date of the Purchase Period with respect to which such shares were acquired. 

  
 17 

 IN WITNESS WHEREOF, the Corporation has caused its duly
authorized officer to execute this Plan on this 7th day of
March, 2011. 
  

			
	 APACHE DESIGN SOLUTIONS, INC.

		
	By:	 	 /s/ Andrew Yang

	 Its:
	 	Chief Executive Officer

  
 18Software License Agreement

 Exhibit 10.4 
 Apache Design Solutions, Inc. 
 SOFTWARE LICENSE AGREEMENT 

THIS SOFTWARE LICENSE AGREEMENT (the “Agreement”) is entered into as of the 30th day of October, 2006 (the “Effective
Date”) by and between Apache Design Solutions, Inc., a Delaware corporation, having its principal place of business at 1098 Alta Avenue, Mountain View, CA 94043 (“Apache”), and Intel Corporation, a Delaware corporation, having its
principal place of business at 2200 Mission College Boulevard, Santa Clara, CA 95052, by and on behalf of itself and its wholly owned subsidiaries (collectively “Licensee”). 

This Agreement and any Addendums and Attachments hereto, cover the terms and conditions for licensing and use of the licensed version(s)
of the Apache software program(s) in object code format, together with documentation provided to Licensee by Apache, including updates, modifications or new releases of such software programs and documentation that may be provided by Apache to the
Licensee from time to time, that have been purchased from Apache by Licensee under one or more purchase orders (the “Licensed Product”) to Licensor. NOW, THEREFORE, in consideration of the mutual covenants contained in this Agreement and
for other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 
 1.
Grant of License 
 1.1 Grant. Subject to the terms of this Agreement, Apache grants Licensee, a limited,
worldwide, royalty-free, irrevocable, non-sublicensable, non-exclusive right, non-assignable, limited duration license to install and use the Licensed Product only on computers that are on Licensee’s internal network, for use in connection with
the number of License Keys for which Licensee has purchased a then-current license and solely in accordance with the applicable user documentation provided by Apache (the “License”). For purposes of this Agreement, “License Key”
means the authorization codes that reside on file servers that are used to activate the Licensed Product for the purchased time periods. Licensee has no right to receive, use or examine any source code relating the Licensed Product. The Licensed
Product may only be used by Licensee’s employees or those independent contractors of Licensee for Licensee business activities for which Licensee has hired them, so long as (i) such contractors are not supplied or employed by competitors
of Apache and (ii) Licensee is responsible for their compliance with all terms of this Agreement. 
 1.2 Scope of
License. Licensee agrees that the license grant set forth in Section 1.1 above is a standard, limited license such that Licensee may use the Licensed Product, during the license period purchased, on any computer on Licensee’s internal
network. Further, in no event shall the number of concurrently executing Licensed Product jobs exceed Licensee’s purchased 

 
quantity of License Keys eligible to be active during any given time period. The time period for each purchased license will be indicated in each quotation from Apache and the corresponding
purchase order issued by Licensee, which shall become part of this Agreement by reference. 
 1.3 Restrictions.
Licensee must reproduce and include the copyright notice and any other notices that appear on the original Licensed Product on any copies and any media therefor. Licensee shall not (and shall not allow any third party to) (i) decompile,
disassemble, or otherwise reverse engineer or attempt to reconstruct or discover any source code or underlying ideas or algorithms by any means whatever, (ii) remove any product identification, copyright or other notices, (iii) sell, rent,
lend, transfer, distribute, license, or grant any rights in the Licensed Product in any form to any person without the written consent of Apache, (iv) except as specified in the applicable user documentation provided by Apache, modify,
incorporate into or with other software or create a derivative work of any part of the Licensed Product, or (v) except if, as and to the extent expressly authorized by Apache in writing, transmit or use the Licensed Product over a network
outside of Licensee’s internal network; or (vi) use the Licensed Product for the benefit of a third party, such as to provide rental or sharing arrangements, or on a “service bureau” basis. 

1.4 Use Covenant. Licensee hereby covenants that it shall not use any Licensed Product for any purpose except as expressly
authorized in this Agreement. 
 1.5 Ownership of the Licensed Product. As between the parties, at all times
Apache retains title and ownership of and all proprietary rights with respect to the Licensed Product and all copies and portions thereof, whether or not incorporated into or with other software. The License does not constitute a sale of the
Licensed Product or any portion or copy of it. Apache reserves all rights not expressly granted hereunder. 
 1.6
Transfer. Licensee may transfer the Licensed Product to another location within the same company or to another server within the same company for no additional cost provided that Licensee comply with all United States export laws and
regulations in performing the transfer. Licensee agrees it will not otherwise transfer the Licensed Product and any breach of this provision shall be deemed a material breach of this Agreement. 

1.7 Maintenance and Support. Apache will provide to Licensee its basic maintenance and support services (“Maintenance
and Support”) in accordance with the terms of Addendum 2. No obligation of Apache to provide Maintenance and Support shall survive termination of the License granted herein. 
 2. Delivery. 
 2.1 Delivery. Unless otherwise requested by
Licensee and subject to payment of the applicable shipping and handling fees, Apache shall deliver the Licensed Product in electronic transmittal form, for downloading by Licensee via File Transfer Protocol (“FTP”). The Licensed Product
will be available for download following Apache’s receipt and acceptance of a Licensee purchase order. 
 2.2
License Key Distribution. After full payment by Licensee of the applicable license fees, Apache shall issue the quantity of License Keys purchased by Licensee, and for the 

 
term purchased, up to a maximum initial period of one-year. For multiple year licensed periods, Apache shall issue an extension License Key prior to expiration of Licensee’s then-current key
for each subsequent one-year period, to avoid any interruption in use. Until full payment is made, Apache shall issue a temporary License Key. All License Keys for the Licensed Product shall be provided to the Licensee designated contact as set
forth on Addendum 1 (the “Designated Contact”). Unless otherwise mutually agreed upon by the parties, Apache shall provide License Keys by email, with Licensee download via FTP as a backup method. Licensee agrees it shall not tamper with
or otherwise modify any License Key(s) except as noted in the License Key file. 
 3. License Fees and Terms. Fees and Payment Terms. In
consideration of the License granted in Section 1.1 above, Licensee shall pay Apache the fees indicated on Addendum 1 for the time-period covered by each license. Any initial or one-time fees are due and payable within 45 days after the
Effective Date. For any recurring fees, Apache will invoice Licensee and such fees are due and payable within 45 days after the date of Apache’s invoice. License fees are exclusive of shipping, taxes, duties and the like, which shall be paid by
Licensee. All fees shall be paid in U.S. Dollars. 
 4. Termination of License. 

4.1 Term. This Agreement shall be effective upon the Effective Date and shall continue in full force and effect for the
term for as long as any Licensed Product is in use by Licensee, unless terminated earlier in accordance with this Section 4. 
 4.2 Termination. Either party may terminate this Agreement: (i) upon written notice if the other party fails to cure any material breach of this Agreement within thirty (30) days
of receiving notice of such breach from the other party; provided however, a breach of Sections 1.3 or 9 shall be deemed incapable of cure and, this Agreement will terminate immediately; or (ii) immediately upon notice if either party becomes
insolvent (i.e., becomes unable to pay its debts in the ordinary course of business as they come due) or makes an assignment for the benefit of creditors. Licensee may terminate this Agreement at any time for any reason by providing at least 30 days
written notice, however Licensee will not be entitled to any refunds of monies paid hereunder nor relieved of any payment obligations incurred prior to the effective date of termination. If Licensee terminates this Agreement as a result of an
uncured material breach by Apache or Apache becomes insolvent or makes an assignment for the benefit of creditors, such termination by Licensee shall not effect the license granted to Licensee under Section 1.1 during the license period.

 4.3 Effect of Termination. Upon termination, Licensee shall immediately cease all use of the Licensed Product
and shall return or destroy all copies of the Licensed Product and all portions thereof (whether or not modified or incorporated with or into other software) and so certify to Apache. Sections 1.3, 1.4, 1.5, 4.3, 5.2, 6, 8, 9 and 10 and all payment
obligations incurred prior to the effective date of such termination or expiration shall survive. All other provisions of this Agreement shall terminate. Termination is not an exclusive remedy and all other remedies will be available whether or not
the License is terminated. The parties agree that a material breach of this Agreement adversely affecting Apache’s proprietary rights in the Licensed Product would cause irreparable injury to Apache for which monetary damages would

 
not be an adequate remedy and that Apache shall be entitled to seek equitable relief in addition to any remedies it may have herein or at law. 

5. Limited Warranty and Disclaimer. 
 5.1 Warranty. Apache warrants to Licensee that for 90 days following delivery, the Licensed Product will substantially conform to its Users Guide, as it exists at the date of delivery.
Apache’s sole obligation under this warranty, and Licensee’s sole remedy for nonconformity shall be limited to Apache using reasonable efforts to correct any nonconformities and supply Licensee with a corrected version of the Licensed
Product as soon as practical after Licensee has notified Apache of such defects. If the foregoing is commercially unreasonable, Apache may terminate the License and return to Licensee a pro-rata portion of the license fee paid for the Licensed
Product. Apache does not warrant that the operation of the Licensed Product shall be uninterrupted or error free. Apache’s warranty obligations shall be void if the Licensed Product is modified or if Licensee attempts to circumvent the embedded
license manager. 
 5.2 Disclaimer. EXCEPT FOR THE FOREGOING, THE LICENSED PRODUCT IS PROVIDED “AS IS”
WITHOUT WARRANTY OF ANY KIND INCLUDING WITHOUT LIMITATION, ANY WARRANTY OF MERCHANTABILITY, NON-INFRINGEMENT, OR FITNESS FOR A PARTICULAR PURPOSE. FURTHER, Apache DOES NOT WARRANT, GUARANTEE, OR MAKE ANY REPRESENTATIONS REGARDING THE USE, OR THE
RESULTS OF THE USE, OF THE LICENSED PRODUCT OR WRITTEN MATERIALS IN TERMS OF CORRECTNESS, ACCURACY, RELIABILITY, OR OTHERWISE. Licensee agrees that Apache is not responsible, and will have no liability, for hardware, software, services, or other
items provided by any persons other than Apache. 
 6. Limitation of Remedies and Damages. EXCEPT AS OTHERWISE PROVIDED IN PARAGRAPH 7 OF
THIS AGREEMENT, APACHE SHALL NOT BE RESPONSIBLE OR LIABLE WITH RESPECT TO ANY SUBJECT MATTER OF THIS AGREEMENT OR ANY ATTACHMENT, PURCHASE ORDER, SCHEDULE OR TERMS AND CONDITIONS RELATED THERETO UNDER CONTRACT, NEGLIGENCE, STRICT LIABILITY OR OTHER
THEORY FOR: (A) LOSS OR INACCURACY OF DATA OR COST OF PROCUREMENT OF SUBSTITUTE GOODS, SERVICES OR TECHNOLOGY. EXCEPT AS OTHERWISE PROVIDED IN PARAGRAPH 7 OF THIS AGREEMENT, EITHER PARTY SHALL NOT BE RESPONSIBLE OR LIABLE WITH RESPECT TO ANY
SUBJECT MATTER OF THIS AGREEMENT OR ANY ATTACHMENT, PURCHASE ORDER, SCHEDULE OR TERMS AND CONDITIONS FOR ANY INDIRECT, INCIDENTAL, PUNITIVE OR CONSEQUENTIAL DAMAGES INCLUDING, BUT NOT LIMITED TO LOSS OF PROFITS, OR ANY MATTER BEYOND ITS REASONABLE
CONTROL. 
 7. Infringement. Apache shall hold Licensee and its officers, directors, agents and employees harmless from liability
resulting from any third party claims alleging infringement by the Licensed Product(s) of any patent, copyrights, trade secrets or other intellectual property rights provided Apache is promptly notified of any and all threats, claims and proceedings
related thereto and permitted to participate in the defense and all negotiations for a settlement or compromise. Apache will not be responsible for any settlement it does not approve in writing. 

 The foregoing obligation of Apache does not apply with respect to Licensed Product(s) or portions or
components thereof (i) not supplied by Apache, (ii) made in whole or in part in accordance to Licensee specifications, (iii) which are modified after shipment by Apache at the request of Licensee, if the alleged infringement relates
solely to such modification, (iv) combined with other products, processes or materials at the request of Licensee where the alleged infringement relates solely to such combination, (v) where Licensee continues allegedly infringing activity
after being notified thereof or after being informed of modifications that would have avoided the alleged infringement, or (vi) where Licensee’s use of the Licensed Product(s) is incident to an infringement not resulting from the Licensed
Product(s) or is not in accordance with the License. Licensee will indemnify Apache and its officers, directors, agents and employees from all damages, settlements, attorneys’ fees and expenses related to a claim of infringement or
misappropriation excluded from Apache’s indemnity obligation by subsections (ii) through (vi) of the foregoing sentence. THE FOREGOING PROVISIONS OF THIS SECTION 7 STATE THE ENTIRE LIABIITY AND OBLIGATIONS OF Apache, AND THE EXCLUSIVE
REMEDY OF LICENSEE, WITH RESPECT TO ANY ACTUAL OR ALLEGED INFRINGEMENT OF ANY INTELLECTUAL PROPERTY RIGHT BY THE LICENSED PRODUCT. 
 8.
Export and Government Use. 
 8.1 Export. The undersigned acknowledges that the software and other technical
data that is being provided by Apache is subject to export controls imposed by the United States Export Administration Act of 1979, as amended (the “Act”) and the regulations promulgated thereunder. The undersigned certifies that:

 The software and other technical data being obtained is not intended to be used for any purpose prohibited by the Act or
regulations, including, without limitation, nuclear, missile or chemical & biological weapons activities. 
 Except as
specifically authorized by the U.S. Export Administration Regulations, or by written approval from the Bureau of Export Administration, Licensee will not re-export, resell, or otherwise dispose of any items supported by this statement: 

 

	 	•	 	 To any person or entity if there is reason to believe that it will result directly or indirectly in disposition of the items contrary to the U.S.
Export Administration Regulations, or 

  

	 	•	 	 To any country not approved for export as brought to our attention by the U.S. exporter. As of 2003, these countries are Cuba, Iran, Iraq, Libya, North
Korea, Sudan, Syria, UNITA territory of Angola. 

 The undersigned acknowledges that this assurance will be
honored beyond any termination of business relationships with Apache. 
 8.2 Use. The Licensed Products have been
developed at private expense and are commercially available at published prices. Any Licensed Products supplied to the Department of Defense (“DOD”), are classified as “Commercial Software”, and the United States

 
Government acquires only “restricted rights” in Licensed Product, as such rights are defined in clause 252.227-7013(c)(1) of the DFARS (or any successor regulations). Licensed Products
supplied to any unit or agency of the United States Government other than the DOD, shall be governed by clause 52.227-19(c)(2) of the FAR (or any successor regulations) or, in the case of NASA, in clause 18-52.227-66(d) of the NASA Supplement of the
FAR (or any successor regulations) and, in any such case, the United States Government acquires only “restricted rights” in such Licensed Products. 
 9. Confidentiality. The terms of this Agreement and all materials and information delivered by one party to the other under this Agreement, shall be subject to the Corporate Non-Disclosure
Agreement between the parties [#3861780] dated January 3, 2006 (the “CNDA”) and any renewals thereof, the terms of which are incorporated herein by reference. Neither party may use the other party’s name or trademarks in any type
of advertisement materials, web sites, press releases, interviews, articles, brochures, business cards, project reference or client listings, without the other’s prior written consent. 
 10. Miscellaneous. 
 10.1 Assignment. This License is not
assignable or transferable by Licensee, whether by operation or law or otherwise, including, for purposes of clarification, by way of merger, reorganization or acquisition, without the prior written consent of Apache and any attempt to do so shall
be void. Subject to the foregoing, this agreement shall inure to the benefit of any permitted successors and assigns. 
 10.2
Notices. Any notice required or permitted herein shall be in writing and will be deemed to have been duly given if delivered personally or 3 days after being mailed by first-class, registered or certified US mail, postage prepaid to the
respective addresses of the parties as set forth above (or such other addresses as a party may designate by 10 days notice) and marked “Attention: Legal.” 
 10.3 Waiver; Amendment. No failure to exercise, and no delay in exercising, on the part of either party, any privilege, any power or any rights herein will operate as a waiver thereof, nor
will any single or partial exercise of any right or power herein preclude further exercise of any other right herein. Any waivers or amendments shall be effective only if made in writing by non-preprinted agreements clearly understood by both
parties to be an amendment or waiver and signed by a representative of the respective parties authorized to bind the parties. 

10.4 Severability. If any provision of the Agreement shall be adjudged by any court of competent jurisdiction to be
unenforceable or invalid, that provision shall be limited or eliminated to the minimum extent necessary so that this Agreement shall otherwise remain in full force and effect and enforceable. 

10.5 Governing Law; Jurisdiction. This Agreement shall be governed by and construed under the laws of the State of Delaware
and the United States without regard to conflicts of laws provisions thereof and without regard to the United Nations Convention on Contracts for the International Sale of Goods. The sole jurisdiction and venue for actions related to the subject
matter hereof shall be the California State and U.S. federal courts having within 

 
their jurisdiction the location of Apache’s principal place of business. Both parties consent to the jurisdiction of such courts and agree that process may be served in the manner provided
herein for giving of notices or otherwise as allowed by California State or U.S. federal law. In any action or proceeding to enforce rights under this Agreement, the prevailing party shall, pursuant to an order or direction of a court, be entitled
to recover costs and attorneys’ fees. 
 10.6 Purchase Orders. Any preprinted general terms or conditions on
a Licensee purchase order in conflict with the terms and conditions of this Agreement are specifically excluded from this Agreement and shall have no force or effect. 
 10.7 Force Majeure. Except for Licensee’s obligation to pay fees when due, neither party will be held to be in breach of this Agreement by reason of any failure or delay in its
performance if such failure is due to a cause or causes beyond its reasonable control, including without limitation, an act of the other party, a delay in transportation, an inability beyond its control to obtain necessary labor or materials, an
event such as a fire, flood, earthquake, sabotage, riot, war or because of any law, rule, regulation, order or other action by any public authority; provided that the delayed party uses all reasonable efforts to correct such failure or delay in its
performance. If any such force majeure event continues for 60 days or longer, the party awaiting performance may terminate this Agreement. 
 10.8 Conflicting Obligations. Licensee represents that neither this Agreement (nor any term hereof) nor the performance of or exercise of rights under this Agreement, is restricted by,
contrary to, in conflict with, ineffective under, requires registration or approval or tax withholding under, or affects Apache’s proprietary rights (or the duration thereof) under, or will require any termination payment or compulsory
licensing under, any law or regulation of any organization, country, group of countries or political or governmental entity located within or including all or a portion of any geographic area where any copy of the Licensed Product or any part
thereof (whether or not incorporated with or into other software) will be located, used or distributed. 
 10.9 Entire
Agreement. Both parties agree that this Agreement, the CNDA and any Addendums, Attachments or Purchase Orders incorporated herein by reference comprise the complete and exclusive statement of the mutual understanding of the parties and
supersedes and cancels all previous written and oral agreements and communications relating to the subject matter of this Agreement. 

 IN WITNESS WHEREOF, the parties hereto have executed this Agreement by their duly authorized
representatives. 
  

					
	 Apache Design Solutions, Inc.

(Apache)
	 		 	 Intel Corporation

(Licensee)

			
	 /s/ Andrew Yang
	 		 	 /s/ Richard Malinowski

	Signature	 		 	Signature
	 Andrew Yang
	 		 	 Richard Malinowski

	Name	 		 	Name
	 CEO
	 		 	Vice President, Mobility Group
	Title	 		 	General Manager, Chipset Group
		 		 	 Intel Corporation

		 		 	Title
	 11/6/06
	 		 	 11/02/06

	Date	 		 	Date

 Addendum 1 
 To 
 Apache Design Solutions, Inc. 

Software License Agreement 
 CONTACTS, FEES, AND TERM 
 Licensee Designated Contact: 

Beejahn Afsari 
 CG Operations 

1900 Prairie City Rd 
 FM6-81 

Folsom, CA 95630 
 916-356-3181 

License fees: As referenced on Apache quotation #ICKS20061019 and the associated Licensee purchase order as accepted by Apache. These documents
will be included in the Agreement by reference. All prices are stated in and all payments shall be made in U.S. dollars. 
 Term of
License: The time-period for each license purchased shall be as specified in the Apache quotation #ICSK20061019 and the associated Licensee purchase order as accepted by Apache.

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