Document:

Exhibit 10.1

 Exhibit 10.1 
 LAMMOT J. DU PONT 
 AMENDED AND RESTATED EMPLOYMENT AGREEMENT

 THIS AMENDED AND RESTATED EMPLOYMENT AGREEMENT (this “Agreement”) is dated as of
this 27th day of October, 2011 (the “Effective
Date”), by and between DuPont Fabros Technology, Inc., a Maryland corporation (the “Company”), DF Property Management LLC, a Delaware limited liability company (the “LLC”), and Lammot J. du Pont (the
“Executive”). 
 WHEREAS, the Company and the Executive have previously entered into an Employment Agreement,
dated as of October 18, 2007 (the “Original Agreement”), which was amended pursuant to a First Amendment to Employment Agreement, dated May 23, 2011, by and among the Company, the LLC and Executive; and 

WHEREAS, the Company, the LLC and the Executive now desire to amend and restate the terms of the Original Agreement to, among other
changes, reflect the change in the scope of Executive’s responsibilities and the reduction in the time that Executive devotes to the Company going forward, including certain adjustments to Executive’s compensation related thereto.

 Accordingly, the parties hereto agree as follows: 
 1. Term. The Company and the LLC shall continue to employ the Executive, and the Executive hereby accepts such continued employment, for a term commencing as of the Effective Date and ending on the
third anniversary of the Effective Date, unless sooner terminated in accordance with the provisions of Section 4 or Section 5 (the period during which the Executive is employed hereunder being hereinafter referred to as the
“Term”). If either the Company or Executive does not wish to renew this Agreement when it expires at the end of the initial or any renewal term hereof as hereinafter provided, or if either the Company or Executive wishes to renew
this Agreement on different terms than those contained herein, it or he shall give written notice in accordance with Section 10.4 below of such intent to the other party at least sixty (60) days prior to the expiration date. In the absence
of such notice, this Agreement shall be renewed on the same terms and conditions contained herein for a term of one (1) year from the date of expiration. The parties expressly agree that designation of a term and renewal provisions in this
Agreement does not in any way limit the right of the parties to terminate this Agreement at any time as hereinafter provided. Reference herein to the Term shall refer both to the initial term and any renewal term as the context requires. 

2. Duties. 
 2.1 Services as an Employee. The Executive, in his capacity as Co-Founder and Chairman of the Board, shall faithfully perform such duties of an executive, managerial or administrative nature as
shall be specified and designated from time to time by the Company’s board of directors or similar governing body of the Company (the “Board”) (including the performance of services for, and serving on the Board of Directors
of, any subsidiary or affiliate of the Company without any additional compensation). Initially, Executive duties shall include responsibilities related to legislative affairs-related initiatives for the Company. The Board may delegate its authority
to take any action under this Agreement to the Compensation Committee of the Board (the “Compensation Committee”), except for any action required to be taken by the Board under the first sentence of this Section 2.1 or under
Sections 2.2 or 6.1. Executive’s 

  
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principal place of employment shall be at the principal executive offices of the Company in Washington, D.C. or in such other location in Washington, D.C. to which the Company may from time to
time relocate its principal executive offices. 
 2.2 Service as a Director. During the Term, and for so long after the
date of Termination as the Executive beneficially owns shares of the Company’s common stock (including units of limited partnership interest in DuPont Fabros Technology, L.P. (the “Operating Partnership”)) representing 9.8% or
more of the outstanding shares of common stock of the Company, calculated on a diluted basis assuming conversion into shares of common stock of the Company of all outstanding units of limited partnership interest in the Operating Partnership:

  

	 	(i)	the Executive agrees to continue to serve as a director of the Company; and 

 

	 	(ii)	the Company agrees that the Executive shall be nominated for election as a director of the Company at each annual meeting of the Company’s stockholders or other
meeting of the Company’s stockholders at which directors are elected. 

 Any failure by the Board to nominate
the Executive for election as a director of the Company in accordance with clause (ii) above shall be deemed to be a material breach by the Company of this Agreement and shall also constitute Good Reason for the Executive to resign in
accordance with Section 5.4 of this Agreement. 
 3. Compensation. 

3.1 Salary. The Company shall pay the Executive during the Term an annual salary at the rate of One Dollar ($1.00) per annum (the
“Annual Salary”), payable in accordance with the policies of the Company or the LLC, as applicable. The Annual Salary may be increased annually by an amount as may be approved by the Board or the Compensation Committee, and, upon
such increase, the increased amount shall thereafter be deemed to be the Annual Salary for purposes of this Agreement. 
 3.2
Cash Bonus. Executive’s participation in any short-term incentive compensation plan of the Company shall be as determined by the Compensation Committee. 
 3.3 Equity-Based Awards. Executive’s participation in any long-term, equity-based incentive compensation plan of the Company, and the award of any equity-based compensation, shall be as
determined by the Compensation Committee. 
 3.4 Benefits – In General. Executive shall be permitted during the Term
to participate in any group life, hospitalization or disability insurance plans, medical, dental, vision and other health programs, 401(k) retirement savings plan, pension and profit sharing plans and similar benefits that may be available to other
senior executives of the Company generally, on the same terms as may be applicable to such other executives, in each case to the extent that the Executive is eligible under the terms of such plans or programs. 

3.5 Vacation. During the Term, the Executive’s right to vacation and sick, personal and holiday leave shall be as determined
by the Compensation Committee. 
 3.6 Expenses. The Company shall pay or reimburse the Executive for all ordinary and
reasonable out-of-pocket expenses actually incurred (and, in the case of reimbursement, paid) by the Executive during the Term in the performance of the Executive’s services under this Agreement, provided that the Executive submits such
expenses for payment or reimbursement in 

  
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accordance with the policies applicable to senior executives of the Company generally. All amounts shall be reimbursed by the end of the calendar year after the calendar year in which the expense
was incurred. 
 4. Termination Due to Death or Disability. 

4.1 Death. In the event of Executive’s death, all obligations of the Company and Executive under Sections 1 through 3 will
immediately cease except for obligations which expressly continue after death, and the Company will pay Executive’s beneficiary or estate, and Executive’s beneficiary or estate will be entitled to receive, the following: 

 

	 	(i)	Executive’s Compensation Accrued at Termination, which shall be paid within fifteen (15) days after termination; 

 

	 	(ii)	 In lieu of any cash bonus payment under Section 3.2 for the year in which Executive dies, a Partial Year Bonus (as defined in Section 6.6),
which shall be paid within 2 1/2 months after the
end of the fiscal year in which termination occurred; 

  

	 	(iii)	All stock options, restricted stock, restricted stock units (“RSUs”) and other equity awards held by Executive at termination that would have become
vested and exercisable or free from repurchase restrictions, as applicable, during the twelve (12) months commencing on the date of termination if Executive had remained employed during such period shall become vested and exercisable or free
from repurchase restrictions, as applicable, as of the date of termination; 

  

	 	(iv)	All other terms of such equity awards shall be governed by the plans and programs and the agreements and other documents pursuant to which such equity awards were
granted; and 

  

	 	(v)	All other rights under any other compensatory or benefit plan shall be governed by such plan. In addition, at Company’s expense, Executive and his spouse and
dependent children shall be entitled to continuation of health insurance coverage (i.e., medical, dental and vision) under the Company’s group health plan(s) in which the Executive was participating on the date of termination or if such plan(s)
have been terminated, in the plan(s) in which senior executives of the Company participate, for a period of eighteen (18) months after the date Executive’s employment terminates. 

4.2 Disability. The Company may terminate the employment of Executive hereunder due to the Disability (as defined in
Section 6.4) of Executive. Upon termination of employment, all obligations of the Company and Executive under Sections 1 through 3 will immediately cease except for obligations which expressly continue after termination of employment due to
Disability, and the Company will pay Executive, and Executive will be entitled to receive, the following: 
  

	 	(i)	Executive’s Compensation Accrued at Termination, which shall be paid within fifteen (15) days after termination; 

 

	 	(ii)	 In lieu of any cash bonus payment under Section 3.2 for the year in which Executive becomes disabled, a Partial Year Bonus (as defined in
Section 6.6), which shall be paid within 2 1/2
months after the end of the fiscal year in which termination occurred; 

  
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	 	(iii)	All stock options, restricted stock, RSUs and other equity awards held by Executive at termination that would have become vested and exercisable or free from repurchase
restrictions, as applicable, during the twelve (12) months commencing on the date of termination if Executive had remained employed during such period shall become vested and exercisable or free from repurchase restrictions, as applicable, as
of the date of termination; 

  

	 	(iv)	All other terms of such equity awards shall be governed by the plans and programs and the agreements and other documents pursuant to which such equity awards were
granted; and 

  

	 	(v)	Disability benefits shall be payable in accordance with the Company’s plans, programs and policies; and 

 

	 	(vi)	All other rights under any other compensatory or benefit plan shall be governed by such plan. In addition, at Company’s expense, Executive and his spouse and
dependent children shall be entitled to continuation of health insurance coverage (i.e., medical, dental and vision) under the Company’s group health plan(s) in which the Executive was participating on the date of termination or if such plan(s)
have been terminated, in the plan(s) in which senior executives of the Company participate, for a period of eighteen (18) months after the date Executive’s employment terminates. 

4.3 Other Terms of Payment Following Death or Disability. Nothing in this Section 4 shall limit the benefits payable or
provided in the event Executive’s employment terminates due to death or Disability under the terms of plans or programs of the Company more favorable to Executive (or his beneficiaries) than the benefits payable or provided under this
Section 4 (except in the case of any cash bonus payment under Section 3.2 for the year of termination in lieu of which a Partial Year Bonus is paid hereunder), including plans and programs adopted after the date of this Agreement.

 5. Termination of Employment For Reasons Other Than Death or Disability. 

5.1 Termination by the Company for Cause. The Company may terminate the employment of Executive hereunder for Cause (as defined in
Section 6.1) at any time. At the time Executive’s employment is terminated for Cause, all obligations of the Company and Executive under Sections 1 through 3 will immediately cease, and the Company will pay Executive, and Executive will be
entitled to receive, the following: 
  

	 	(i)	Executive’s Compensation Accrued at Termination, which shall be paid within fifteen (15) days after termination; 

 

	 	(ii)	All stock options, restricted stock, RSUs and other equity awards held by Executive at termination shall cease to vest as of the date of termination;

  

	 	(iii)	All other terms of such equity awards shall be governed by the plans and programs and the agreements and other documents pursuant to which such equity awards were
granted; and 

  

	 	(iv)	All other rights under any other compensatory or benefit plan shall be governed by such plan. 

  
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 5.2 Termination by Executive Other Than For Good Reason. Executive may terminate his
employment hereunder voluntarily for reasons other than Good Reason (as defined in Section 6.5) at any time upon at least 30 days’ written notice to the Company. An election by Executive not to extend the Term pursuant to Section 1
hereof shall be deemed to be a termination of employment by Executive for reasons other than Good Reason at the date of expiration of the Term. At the time Executive’s employment is terminated by Executive other than for Good Reason, all
obligations of the Company and Executive under Sections 1 through 3 will immediately cease, and the Company will pay Executive, and Executive will be entitled to, the same compensation and rights specified in Section 5.1. 

5.3 Termination by the Company Without Cause. The Company may terminate the employment of Executive hereunder without Cause upon
at least 30 days’ written notice to Executive. An election by the Company not to extend the Term pursuant to Section 1 hereof shall be deemed to be a termination of employment by the Company Without Cause at the date of expiration of the
Term. At the time Executive’s employment is terminated by the Company (i.e., at the expiration of such notice period), all remaining obligations of the Company and Executive under Sections 1 through 3 will immediately cease (except as expressly
provided below), and the Company will pay Executive, and Executive will be entitled to receive, the following: 
  

	 	(i)	Executive’s Compensation Accrued at Termination, which shall be paid within fifteen (15) days after termination; 

 

	 	(ii)	A single severance payment in cash in an aggregate amount equal to one times the sum of (i) the Annual Salary plus (ii) the Target Amount (as defined below in
Section 6.7); Any severance payment described in this paragraph to which Executive would be entitled shall be made within five (5) business days after the date that is six (6) months following the date of termination of
Executive’s employment (or, if Executive is not a “specified employee” within the meaning of Code Section 409A at the time of such termination, within five (5) business days following the date on which Executive has executed
and delivered the general release described in Section 8.4); 

  

	 	(iii)	 In lieu of any cash bonus payment under Section 3.2 for the year in which Executive’s employment terminates, a Partial Year Bonus (as defined
in Section 6.6), which shall be paid within
2 1/2 months after the end of the year in which
termination occurred; 

  

	 	(iv)	All stock options, restricted stock, RSUs and other equity awards held by Executive at termination shall become fully vested and exercisable or free from repurchase
restrictions or other risk of forfeiture, as applicable, and all other terms of such awards shall be governed by the plans and programs and the agreements and other documents pursuant to which such equity awards were granted;

  

	 	(v)	 Any performance objectives upon which the earning of performance-based restricted stock, RSUs, other equity awards and other long-term incentive awards
(including cash awards) is conditioned shall be deemed to have been met at the greater of (A) target level at the date of termination, or (B) actual performance at the date of termination, and such amounts shall become fully vested and
nonforfeitable as a result of termination of employment at the date of such 

  
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termination, and, in other respects, such awards shall be governed by the plans and programs and the agreements and other documents pursuant to which such awards were granted; and

  

	 	(vi)	All other rights under any other compensatory or benefit plan shall be governed by such plan. In addition, at Company’s expense, Executive and his spouse and
dependent children shall be entitled to continuation of health insurance coverage (i.e., medical, dental and vision) under the Company’s group health plan(s) in which the Executive was participating on the date of termination or if such plan(s)
have been terminated, in the plan(s) in which senior executives of the Company participate, for a period of eighteen (18) months after the date Executive’s employment terminates. 

Payments and benefits under this Section 5.3 are subject to Section 5.6. 

5.4 Termination by Executive for Good Reason. Executive may terminate his employment hereunder for Good Reason upon 30 days’
written notice to the Company which notice must be given within 90 days of the occurrence of the condition that is the basis for such Good Reason; provided, however, that if the basis for such Good Reason is correctible and the Company has corrected
the basis for such Good Reason within 30 days after receipt of such notice, Executive may not then terminate his employment for Good Reason with respect to the matters addressed in the written notice. At the time Executive’s employment is
terminated by Executive for Good Reason (i.e., at the expiration of such notice period), all obligations of the Company and Executive under Sections 1 through 3 will immediately cease (except as expressly provided below), and the Company will pay
Executive, and Executive will be entitled to receive, the same compensation and rights specified in Section 5.3(i) – (vi) and the text following clause (vi). 
 If any payment or benefit under this Section 5.4 is based on Annual Salary or other level of compensation or benefits at the time of Executive’s termination and if a reduction in such Annual
Salary or other level of compensation or benefit was the basis for Executive’s termination for Good Reason, then the Annual Salary or other level of compensation in effect before such reduction shall be used to calculate payments or benefits
under this Section 5.4. 
 5.5 Other Terms Relating to Certain Terminations of Employment. In
the event Executive’s employment terminates for any reason set forth in Section 5.1 through 5.4, Executive will be entitled to the benefit of any terms of plans or agreements applicable to Executive which are more favorable than those
specified in this Section 5 (except without duplication of payments or benefits, including in the case of any cash bonus payment under Section 3.2 for the year of termination in lieu of which a Partial Year Bonus is paid hereunder). Except
as otherwise provided under Section 5.6, amounts payable under this Section 5 following Executive’s termination of employment, other than those expressly payable on a deferred or installment basis, will be paid as promptly as
practicable after such a termination of employment and, in any event, within 2 1/2 months after the end of the year in which employment terminates. All expenses reimbursable pursuant to Section 3.6 shall be reimbursed by the end of the calendar year after the calendar year in
which the expense was incurred. 
 5.6 Limitations Under Code Section 409A. Anything in this Agreement to the
contrary notwithstanding, if (A) on the date of termination of Executive’s employment with the Company or a subsidiary, any of the Company’s stock is publicly traded on an established

  
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securities market or otherwise (within the meaning of Section 409A(a)(2)(B)(i) of the Internal Revenue Code, as amended (the “Code”)), (B) Executive is determined to be
a “specified employee” within the meaning of Section 409A(a)(2)(B) of the Code, (C) the payments exceed the amounts permitted to be paid pursuant to Treasury Regulations section 1.409A-l(b)(9)(iii) and (D) such delay is
required to avoid the imposition of the tax set forth in Section 409A(a)(l) of the Code as a result of such termination, the Executive would receive any payment that, absent the application of this Section 5.6, would be subject to interest
and additional tax imposed pursuant to Section 409A(a) of the Code as a result of the application of Section 409A(2)(B)(i) of the Code (such additional tax, together with any such interest and penalties, are hereinafter referred to as the
“Additional Tax”), then no such payment shall be payable prior to the date that is the earliest of (1) 6 months after the Executive’s termination date, (2) the Executive’s death or (3) such other date as
will cause such payment not to be subject to such interest and additional tax (with a catch-up payment equal to the sum of all amounts that have been delayed to be made as of the date of the initial payment plus interest equal to the rate provided
in Section 1274(b)(2)(B) of the Code). 
 It is the intention of the parties that payments or benefits payable under this
Agreement not be subject to the additional tax imposed pursuant to Section 409A of the Code. To the extent such potential payments or benefits could become subject to such Section, the parties shall cooperate to amend this Agreement with the
goal of giving the Executive the economic benefits described herein in a manner that does not result in such tax being imposed. 

6. Definitions Relating to Termination Events. 
 6.1 “Cause”. For purposes of this Agreement, “Cause” shall mean Executive’s: 
  

	 	(i)	conviction of a felony (other than a violation of traffic laws) that materially interferes with Executive’s ability to perform his duties and responsibilities
under this Agreement and that has a material adverse effect on the interests or reputation of the Company, and exhaustion of all appeals; 

  

	 	(ii)	conviction of fraud against the Company, and exhaustion of all appeals; or 

 

	 	(iii)	willful and continued failure to substantially perform Executive’s material duties hereunder (other than such failure resulting from Executive’s incapacity
due to physical or mental illness), which failure is not remedied within 30 calendar days after written demand for substantial performance is delivered by the Company which specifically identifies the manner in which the Company believes that
Executive has not substantially performed Executive’s material duties. 

 No act, or
failure to act, on the part of Executive shall be deemed “willful” unless done, or omitted to be done, by Executive not in good faith and without reasonable belief that his action or omission was in the best interest of the Company.
Notwithstanding the foregoing, Executive shall not be deemed to have been terminated for Cause unless and until there shall have been delivered to Executive a copy of the resolution duly adopted by the affirmative vote of not less than
three-quarters ( 3/4) of the independent members of
the Board at a meeting of the Board (after reasonable notice to Executive and an opportunity for Executive, together with Executive’s counsel, to be heard before the Board) finding that, in the good faith opinion of the Board, Executive was
guilty of conduct set forth above in this definition and specifying the particulars thereof in detail, and, in the case of conduct described in clause (iii) above, finding that Executive failed to remedy such conduct within the time permitted.

  
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 6.2 “Change in Control”. For purposes of this Agreement, a “Change in
Control” means the following: 
  

	 	(i)	A transaction or series of transactions (other than an offering of Stock to the general public through a registration statement filed with the Securities and Exchange
Commission) whereby any “person” or related “group” of “persons” (as such terms are used in Sections 13(d) and 14(d)(2) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)) (other
than the Company, any of its subsidiaries, an employee benefit plan maintained by the Company or any of its subsidiaries or a “person” that, prior to such transaction, directly or indirectly controls, is controlled by, or is under common
control with, the Company) directly or indirectly acquires beneficial ownership (within the meaning of Rule 13d-3 under the Exchange Act) of securities of the Company and immediately after such acquisition possesses more than 50% of the total
combined voting power of the Company’s securities outstanding immediately after such acquisition; or 

  

	 	(ii)	During any period of two consecutive years, individuals who, at the beginning of such period, constitute the Board together with any new director(s) (other than a
director designated by a person who shall have entered into an agreement with the Company to effect a transaction described in Section 6.2(i) hereof or Section 6.2(iii) hereof) whose election by the Board or nomination for election by the
Company’s stockholders was approved by a vote of at least two-thirds of the directors then still in office who either were directors at the beginning of the two-year period or whose election or nomination for election was previously so
approved, cease for any reason to constitute a majority thereof; or 

  

	 	(iii)	The consummation by the Company (whether directly involving the Company or indirectly involving the Company through one or more intermediaries) of (x) a merger,
consolidation, reorganization, or business combination or (y) a sale or other disposition of all or substantially all of the Company’s assets in any single transaction or series of related transactions or (z) the acquisition of assets
or stock of another entity, in each case other than a transaction: 

  

	 	(A)	Which results in the Company’s voting securities outstanding immediately before the transaction continuing to represent (either by remaining outstanding or by
being converted into voting securities of the Company or the person that, as a result of the transaction, controls, directly or indirectly, the Company or owns, directly or indirectly, all or substantially all of the Company’s assets or
otherwise succeeds to the business of the Company (the Company or such person, the “Successor Entity”)) directly or indirectly, at least a majority of the combined voting power of the Successor Entity’s outstanding voting
securities immediately after the transaction, and 

  

	 	(B)	 After which no person or group (as such terms are used in Sections 13(d) and 14(d)(2) of the Exchange Act) beneficially owns (within the meaning of
Rule 13d-3 under the Exchange Act) voting securities representing 50% 

  
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or more of the combined voting power of the Successor Entity; provided, however, that no person or group shall be treated for purposes of this Section 6.2(iii)(B) as beneficially owning 50%
or more of combined voting power of the Successor Entity solely as a result of the voting power held in the Company prior to the consummation of the transaction; or 

 

	 	(iv)	The Company’s stockholders approve a liquidation or dissolution of the Company and all material contingencies to such liquidation or dissolution have been
satisfied or waived. 

 6.3 “Compensation Accrued at Termination”. For purposes of this Agreement,
“Compensation Accrued at Termination” means the following: 
  

	 	(i)	The unpaid portion of the Annual Salary at the rate payable, in accordance with Section 3.1 hereof, at the date of Executive’s termination of employment, pro
rated through such date of termination, payable in accordance with the Company’s regular pay schedule; 

  

	 	(ii)	Except as otherwise provided in this Agreement, all earned and unpaid and/or vested, nonforfeitable amounts owing or accrued at the date of Executive’s termination
of employment under any compensation and benefit plans, programs, and arrangements set forth or referred to in Sections 3.2, 3.3 and 3.4 hereof (including any earned and vested cash bonus payment under Section 3.2) in which Executive
theretofore participated, payable in accordance with the terms and conditions of the plans, programs, and arrangements (and agreements and documents thereunder) pursuant to which such compensation and benefits were granted or accrued;

  

	 	(iii)	Reasonable business expenses and disbursements incurred by Executive prior to Executive’s termination of employment, to be reimbursed to Executive, as authorized
under Section 3.6, in accordance the Company’s reimbursement policies as in effect at the date of such termination; and 

  

	 	(iv)	To the extent consistent with the Company’s policies for executives generally, compensation for vacation time accrued but unused at the date of the
Executive’s termination of employment. 

 6.4 “Disability”. For purposes of this Agreement,
“Disability” means the Executive is unable due to a physical or mental condition to perform the essential functions of his position with or without reasonable accommodation for six (6) months in the aggregate during any twelve
(12) month period or based on the written certification by two licensed physicians of the likely continuation of such condition for such period, one selected by the Company or its insurance carrier and the other selected by the Executive or his
legal representative. This definition shall be interpreted and applied consistent with the Americans with Disabilities Act, the Family and Medical Leave Act, Section 409A of the Code and other applicable law. 

  
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 6.5 “Good Reason”. For purposes of this Agreement, “Good Reason”
shall mean, without Executive’s express written consent, the occurrence of any of the following circumstances unless, if correctable, such circumstances are fully corrected within 30 days of the notice of termination given in respect thereof:

  

	 	(i)	The assignment to Executive of duties materially inconsistent with Executive’s position and status hereunder, or an alteration, materially adverse to Executive, in
the nature of Executive’s duties, responsibilities or authorities, Executive’s positions or the conditions of Executive’s employment from those specified in Section 2 or otherwise hereunder (other than inadvertent actions which
are promptly remedied), including, without limitation, the relocation of Executive’s place of employment outside Washington, D.C. or the assignment of Executive to any place of employment other than the Company’s headquarters; except the
foregoing shall not constitute Good Reason if occurring in connection with the termination of Executive’s employment for Cause, Disability, as a result of Executive’s death, or as a result of action by or with the consent of Executive;

  

	 	(ii)	a material reduction by the Company in Executive’s Annual Salary; provided that any reduction in excess of five percent (5%) shall be deemed material;

  

	 	(iii)	the failure of the Company to obtain a written agreement from any successor to the Company to fully assume the Company’s obligations and to perform under this
Agreement; 

  

	 	(iv)	any other failure by the Company to perform any material obligation under, or breach by the Company of any material provision of, this Agreement; or

  

	 	(v)	following a Change in Control, Executive may elect at any time during the 12 month period following the Change in Control to treat the occurrence of the Change in
Control as constituting Good Reason. 

 6.6 “Partial Year Bonus”. For purposes of this Agreement, a
“Partial Year Bonus” is an amount equal to the cash bonus compensation that would have become payable under a plan described in Section 3.2 to Executive for that year, if a Target Amount had been established for that year,
determined as though Executive had met the individual and objective Company annual performance criteria for the entire year to the extent that he met such criteria during the period in which Executive was employed during that year (disregarding any
period of Disability during that year), multiplied by a fraction the numerator of which is the number of days Executive was employed in the year of termination and the denominator of which is the total number of days in the year of termination.

 6.7 “Target Amount”. For purposes of this Agreement, “Target Amount” shall mean the amount of
targeted cash award, if any, established by the Compensation Committee under a short-term incentive compensation plan of the Company. 
 7. Excise Tax-Related Provisions. The payments and benefits that the Executive may be entitled to receive under this Agreement and other payments and benefits that the Executive is or may be
entitled to receive under other plans, agreements and arrangements (which, together with the benefits provided under this Agreement, are referred to as “Payments”), may constitute Parachute Payments that are subject to Sections 280G
and 4999 of the Code. As provided in this Section 7, the Parachute Payments will be reduced if, and only to the extent that, a reduction will allow the Executive to receive a greater Net After Tax Amount (as defined below) than the Executive
would receive absent a reduction. 
 (i) The Accounting Firm (as defined below) will first determine the amount of any Parachute
Payments that are payable to the Executive. The Accounting Firm also will determine the Net After Tax Amount attributable to the Executive’s total Parachute Payments. 

  
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 (ii) The Accounting Firm will next determine the largest amount of Payments that may be made
to the Executive without subjecting the Executive to tax under Section 4999 of the Code (the “Capped Payments”). Thereafter, the Accounting Firm will determine the Net After Tax Amount attributable to the Capped Payments. 

(iii) The Executive will receive the total Parachute Payments or the Capped Payments, whichever provides the Executive with the higher
Net After Tax Amount. If the Executive will receive the Capped Payments, the total Parachute Payments will be adjusted by first reducing the amount of any noncash benefits under this Agreement or any other plan, agreement or arrangement (with the
source of the reduction to be directed by the Company) and then by reducing the amount of any cash benefits under this Agreement or any other plan, agreement or arrangement (with the source of the reduction to be directed by the Company). The
Accounting Firm will notify the Executive and the Company if it determines that the Parachute Payments must be reduced to the Capped Payments and will send the Executive and the Company a copy of its detailed calculations supporting that
determination. 
 (iv) As a result of the uncertainty in the application of Sections 280G and 4999 of the Code at the time that
the Accounting Firm makes its determinations under this Section 7, it is possible that amounts will have been paid or distributed to the Executive that should not have been paid or distributed under this Section 7
(“Overpayments”), or that additional amounts should be paid or distributed to the Executive under this Section 7 (“Underpayments”). If the Accounting Firm determines, based on either the assertion of a deficiency by the
Internal Revenue Service against the Company or the Executive, which assertion the Accounting Firm believes has a high probability of success or controlling precedent or substantial authority, that an Overpayment has been made, the Executive must
repay to the Company, without interest, the amount of the Overpayment; provided, however, that no amount will be payable by the Executive to the Company unless, and then only to the extent that, the payment would either reduce the amount on which
the Executive is subject to tax under Section 4999 of the Code or generate a refund of tax imposed under Section 4999 of the Code. If the Accounting Firm determines, based upon controlling precedent or substantial authority, that an
Underpayment has occurred, the Accounting Firm will notify the Executive and the Company of that determination and the amount of that Underpayment will be paid to the Executive promptly by the Company. 

For purposes of this Section 7, the term “Accounting Firm” means the independent accounting firm engaged by the Company
immediately before a Change in Control. For purposes of this Section 7, the term “Net After Tax Amount” means the amount of any Parachute Payments or Capped Payments, as applicable, net of taxes imposed under Sections 1, 3101(b) and
4999 of the Code and any State or local income taxes applicable to the Executive on the date of payment. The determination of the Net After Tax Amount shall be made using the highest combined effective rate imposed by the foregoing taxes on income
of the same character as the Parachute Payments or Capped Payments, as applicable, in effect on the date of payment. For purposes of this Section 7, the term “Parachute Payment” means a payment that is described in
Section 280G(b)(2) of the Code, determined in accordance with Section 280G of the Code and the regulations promulgated or proposed thereunder. 
 8. Ownership of Work; Executive Cooperation; Non-Disparagement. 
 8.1
Ownership of Work. Executive will promptly disclose in writing to the Company all inventions, discoveries, developments, improvements and innovations (collectively referred to 

  
 11 

 
as “Inventions”) that Executive has conceived or made during the Term; provided, however, that in this context “Inventions” are limited to those which (i) relate
in any manner to the existing or contemplated business activities of the Company and its affiliates; (ii) are suggested by or result from Executive’s work at the Company; or (iii) result from the use of the time, materials or
facilities of the Company and its affiliates. All Inventions will be the Company’s property rather than Executive’s. Should the Company request it, Executive agrees to sign any document that the Company may reasonably require to establish
ownership in any Invention. 
 8.2 Cooperation With Regard to Litigation. Executive agrees to cooperate with the Company,
during the Term and thereafter (including following Executive’s termination of employment for any reason), by making himself available to testify on behalf of the Company or any subsidiary or affiliate of the Company, in any action, suit, or
proceeding, whether civil, criminal, administrative, or investigative, and to assist the Company, or any subsidiary or affiliate of the Company, in any such action, suit, or proceeding, by providing information and meeting and consulting with the
Board or its representatives or counsel, or representatives or counsel to the Company, or any subsidiary or affiliate of the Company, as may be reasonably requested and after taking into account Executive’s post-termination responsibilities and
obligations. The Company agrees to reimburse Executive, on an after-tax basis, for all reasonable expenses actually incurred in connection with his provision of testimony or assistance and to pay a mutually agreed hourly fee to Executive for any
assistance provided after termination of Executive’s employment. 
 8.3 Non-Disparagement. Executive shall not, at
any time during the Term and thereafter make statements or representations, or otherwise communicate, directly or indirectly, in writing, orally, or otherwise, or take any action which may, directly or indirectly, disparage or be damaging to the
Company, its subsidiaries or affiliates or their respective officers, directors, employees, advisors, businesses or reputations. The members of the Board, the executive officers of the Company and any personnel who are generally responsible for
communications with investors and the public (including, without limitation, the Company’s public relations and investor relations personnel) shall not, at any time during the Term and thereafter, make statements or representations, or
otherwise communicate, directly or indirectly, in writing, orally or otherwise, or take any action which may, directly or indirectly, disparage or be damaging to Executive or his reputation. The Company shall be liable for any such statement,
representation, communication or action by any such member of the Board, executive officer or personnel. Notwithstanding the foregoing, nothing in this Agreement shall preclude Executive or such members of the Board, executive officers or personnel
from making truthful statements that are required by applicable law, regulation or legal process, including truthful statements in connection with an action, suit or other proceeding to enforce Executive’s or the Company’s respective
rights under this Agreement. 
 8.4 Release of Employment Claims. Executive agrees, as a condition to receipt of any
termination payments and benefits provided for in Sections 4 and 5 herein (other than Compensation Accrued at Termination) (the “Termination Benefits”), that he will execute a general release in substantially the form attached
hereto as Exhibit A. 
 8.5 Survival. The provisions of this Section 8 shall survive the termination of the
Term and any termination or expiration of this Agreement. 

  
 12 

 8.6 Remedies. Executive agrees that any breach of the terms of this Section 8
would result in irreparable injury and damage to the Company for which the Company would have no adequate remedy at law; Executive therefore also agrees that in the event of said breach or any threat of breach and notwithstanding Section 9 the
Company shall be entitled to seek an immediate injunction and restraining order from a court of competent jurisdiction to prevent such breach and/or threatened breach and/or continued breach by Executive and/or any and all persons and/or entities
acting for and/or with Executive, without having to prove damages. The availability of injunctive relief shall be in addition to any other remedies to which the Company may be entitled at law or in equity, but remedies other than injunctive relief
may only be pursued in an arbitration brought in accordance with Section 9. The terms of this paragraph shall not prevent the Company from pursuing in an arbitration any other available remedies for any breach or threatened breach of this
Section 8, including but not limited to the recovery of damages from Executive. Executive hereby further agrees that, if it is ever determined, in an arbitration brought in accordance with Section 9, that willful actions by Executive have
constituted wrongdoing that results in an accounting restatement due to the material noncompliance of the Company with financial reporting requirements in any report or statement filed by the Company with the U.S. Securities and Exchange Commission,
then the Company, or its successor, as appropriate, may recover all of any bonus or other incentive-based or equity based compensation received by Executive during the 12-month period following the first public issuance or filing with the U.S.
Securities and Exchange Commission, whichever first occurs, of the financial document embodying such financial reporting requirement, less the amount of any net tax owed by Executive with respect to such award or payment over the tax benefit to
Executive from the repayment or return of the award or payment, pursuant to Sections 5.3 or 5.4. The Company or its successor may, in its sole discretion, affect any such recovery by (i) obtaining repayment directly from Executive;
(ii) setting off the amount owed to it against any amount or award that would otherwise be payable by the Company to Executive; or (iii) any combination of (i) and (ii) above. 

9. Governing Law; Disputes; Arbitration. 
 9.1 Governing Law. This Agreement is governed by and is to be construed, administered, and enforced in accordance with the laws of the District of Columbia, without regard to conflicts of law
principles. If under the governing law, any portion of this Agreement is at any time deemed to be in conflict with any applicable statute, rule, regulation, ordinance, or other principle of law, such portion shall be deemed to be modified or altered
to the extent necessary to conform thereto or, if that is not possible, to be omitted from this Agreement. The invalidity of any such portion shall not affect the force, effect, and validity of the remaining portion hereof. If any court determines
that any provision of Section 8 is unenforceable because of the duration or geographic scope of such provision, it is the parties’ intent that such court shall have the power to modify the duration or geographic scope of such provision, as
the case may be, to the extent necessary to render the provision enforceable and, in its modified form, such provision shall be enforced. 
 9.2 Arbitration. Any dispute or controversy arising under or in connection with this Agreement shall be settled exclusively by arbitration in the District of Columbia by three arbitrators in
accordance with the Employment Arbitration Rules and Mediation Procedures of the American Arbitration Association in effect at the time of submission to arbitration. Judgment may be entered on the arbitrators’ award in any court having
jurisdiction. For purposes of entering any judgment upon an award rendered by the arbitrators, the Company and Executive 

  
 13 

 
hereby consent to the jurisdiction of any or all of the following courts: (i) the United States District Court for the District of Columbia, (ii) any of the courts of the District of
Columbia, or (iii) any other court having jurisdiction. The Company and Executive further agree that any service of process or notice requirements in any such proceeding shall be satisfied if the rules of such court relating thereto have been
substantially satisfied. The Company and Executive hereby waive, to the fullest extent permitted by applicable law, any objection which it or he may now or hereafter have to such jurisdiction and any defense of inconvenient forum. The Company and
Executive hereby agree that a judgment upon an award rendered by the arbitrators may be enforced in other jurisdictions by suit on the judgment or in any other manner provided by law. Each party shall bear its or his costs and expenses arising in
connection with any arbitration proceeding pursuant to this Section 9; provided, however, that the party that substantially prevails in an arbitration shall be reimbursed by the other party for all reasonable costs, including reasonable
attorneys’ fees and costs, incurred by such prevailing party in connection with the arbitration. Notwithstanding any provision in this Section 9, Executive shall be paid all compensation due and owing under this Agreement during the
pendency of any dispute or controversy arising under or in connection with this Agreement. 
 9.3 Interest on Unpaid
Amounts. Any amount which has become payable pursuant to the terms of this Agreement or any decision by arbitrators or judgment by a court of law pursuant to this Section 9 but which has not been timely paid shall bear interest at the prime
rate in effect at the time such amount first becomes payable, as quoted by the Company’s principal bank. 
 9.4
LIMITATION ON LIABILITIES. IF EITHER EXECUTIVE OR THE COMPANY IS AWARDED ANY DAMAGES AS COMPENSATION FOR ANY BREACH OR ACTION RELATED TO THIS AGREEMENT, A BREACH OF ANY COVENANT CONTAINED IN THIS AGREEMENT (WHETHER EXPRESS OR IMPLIED BY
EITHER LAW OR FACT), OR ANY OTHER CAUSE OF ACTION BASED IN WHOLE OR IN PART ON ANY BREACH OF ANY PROVISION OF THIS AGREEMENT, SUCH DAMAGES SHALL BE LIMITED TO CONTRACTUAL DAMAGES PLUS INTEREST ON ANY DELAYED PAYMENT AT THE LOWER OF (I) THE RATE
PERMITTED BY SECTION 9.3 OR (II) THE MAXIMUM RATE PER ANNUM ALLOWABLE BY APPLICABLE LAW FROM AND AFTER THE DATE(S) THAT SUCH PAYMENTS WERE DUE AND SHALL EXCLUDE CONSEQUENTIAL DAMAGES AND PUNITIVE DAMAGES EVEN IF THE RULES REFERRED TO IN SECTION 9.2
WOULD PROVIDE OTHERWISE. 
 9.5 WAIVER OF JURY TRIAL. TO THE EXTENT APPLICABLE, EACH OF THE PARTIES TO THIS AGREEMENT
HEREBY AGREES TO WAIVE ITS RESPECTIVE RIGHTS TO A JURY TRIAL FOR ANY CLAIM OR CAUSE OF ACTION BASED UPON OR ARISING OUT OF THIS AGREEMENT OR ANY DEALINGS BETWEEN THEM RELATING TO THE SUBJECT MATTER OF THIS AGREEMENT. This provision is subject to
Section 9.2, requiring arbitration of disputes hereunder. 
 10. Miscellaneous. 

10.1 Integration. This Agreement cancels and supersedes any and all prior agreements and understandings between the parties hereto
with respect to the employment of Executive by the Company, any parent or predecessor company, and the Company’s subsidiaries during the Term, but excluding existing contracts relating to compensation under executive compensation and employee
benefit plans of the Company and its subsidiaries. This Agreement constitutes the 

  
 14 

 
entire agreement among the parties with respect to the matters herein provided, and no modification or waiver of any provision hereof shall be effective unless in writing and signed by the
parties hereto. Executive shall not be entitled to any payment or benefit under this Agreement which duplicates a payment or benefit received or receivable by Executive under such prior agreements and understandings or under any benefit or
compensation plan of the Company. 
 10.2 Successors; Transferability. The Company shall require any successor (whether
direct or indirect, by purchase, merger, consolidation or otherwise, and whether or not the corporate existence of the Company continues) to all or substantially all of the business and/or assets of the Company to expressly assume and agree to
perform this Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place. As used in this Agreement, “Company” shall mean the Company as hereinbefore defined
and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law or otherwise, and, in the case of an acquisition of the Company in which the corporate existence of the Company
continues, the ultimate parent company following such acquisition. Subject to the foregoing, the Company may transfer and assign this Agreement and the Company’s rights and obligations hereunder only to another entity that is substantially
comparable to the Company in its financial strength and ability to perform the Company’s obligations under this Agreement. Neither this Agreement nor the rights or obligations hereunder of the parties hereto shall be transferable or assignable
by Executive, except in accordance with the laws of descent and distribution, for estate or tax planning purposes or as specified in Section 10.3. 
 10.3 Beneficiaries. Executive shall be entitled to designate (and change, to the extent permitted under applicable law) a beneficiary or beneficiaries to receive any compensation or benefits
provided hereunder following Executive’s death. 
 10.4 Notices. Whenever under this Agreement it becomes necessary
to give notice, such notice shall be in writing, signed by the party or parties giving or making the same, and shall be served on the person or persons for whom it is intended or who should be advised or notified, by Federal Express or other similar
overnight service or by certified or registered mail, return receipt requested, postage prepaid and addressed to such party at the address set forth below or at such other address as may be designated by such party by like notice: 

If to the Company: 
 DUPONT
FABROS TECHNOLOGY, INC. 
 1212 New York Avenue, NW, Suite 900 

Washington, D.C. 20005 
 Attention: Secretary 
 With a copy to: 

Stuart A. Barr 

Hogan Lovells US LLP 
 555 Thirteenth Street, N.W. 
 Washington, D.C. 20004 

  
 15 

 If to Executive: 
 Lammot J. du Pont 
 Address on file with the Company 

With a copy to: 
 Thomas J.
Knox, Esq. 
 Morrison & Foerster LLP 
 1650 Tysons Boulevard, Suite 400 
 McLean, VA 22102 

If the parties by mutual agreement supply each other with fax numbers for the purposes of providing notice by facsimile, such notice
shall also be proper notice under this Agreement. In the case of Federal Express or other similar overnight service (or facsimile, if the parties supply fax numbers as described in the preceding sentence), such notice or advice shall be effective
when sent, and, in the cases of certified or registered mail, shall be effective two business days after deposit into the mails by delivery to the U.S. Post Office. 
 10.5 Reformation. The invalidity of any portion of this Agreement shall not be deemed to render the remainder of this Agreement invalid. 

10.6 Headings. The headings of this Agreement are for convenience of reference only and do not constitute a part hereof.

 10.7 No General Waivers. The failure of any party at any time to require performance by any other party of any
provision hereof or to resort to any remedy provided herein or at law or in equity shall in no way affect the right of such party to require such performance or to resort to such remedy at any time thereafter, nor shall the waiver by any party of a
breach of any of the provisions hereof be deemed to be a waiver of any subsequent breach of such provisions. No such waiver shall be effective unless in writing and signed by the party against whom such waiver is sought to be enforced. 

10.8 No Obligation To Mitigate. Executive shall not be required to seek other employment or otherwise to mitigate Executive’s
damages upon any termination of employment. 
 10.9 Offsets; Withholding. The amounts required to be paid by the Company
to Executive pursuant to this Agreement shall not be subject to offset other than with respect to any amounts that are owed to the Company by Executive due to his receipt of funds as a result of his fraudulent activity. The foregoing and other
provisions of this Agreement notwithstanding, all payments to be made to Executive under this Agreement, including under Sections 4 and 5, or otherwise by the Company, will be subject to withholding to satisfy required withholding taxes and other
required deductions. 
 10.10 Successors and Assigns. This Agreement shall be binding upon and shall inure to the benefit
of Executive, his heirs, executors, administrators and beneficiaries, and shall be binding upon and inure to the benefit of the Company and its successors and permitted assigns. 

10.11 Counterparts. This Agreement may be executed in counterparts, each of which shall be deemed to be an original but all of
which together will constitute one and the same instrument. 

  
 16 

 10.12 Due Authority and Execution. The execution, delivery and performance of this
Agreement have been duly authorized by the Company and this Agreement represents the valid, legal and binding obligation of the Company, enforceable against the Company according to its terms. 

10.13 Representations of Executive. Executive represents and warrants to the Company that he has the legal right to enter into
this Agreement and to perform all of the obligations on his part to be performed hereunder in accordance with its terms and that he is not a party to any agreement or understanding, written or oral, which prevents him from entering into this
Agreement or performing all of his obligations hereunder. Notwithstanding a termination by the Company under this Section 10.13, Executive’s obligations under Section 9 shall survive such termination. 

11. D&O Insurance. 
 The Company will maintain directors’ and officers’ liability insurance during the Term and for a period of not less than six years thereafter, covering acts and omissions of Executive during the
Term, on terms substantially no less favorable than those in effect on the date of this Agreement. During the Term and for a period of not less than six years thereafter, Executive shall receive the same benefits provided to any of the
Company’s officers and directors under any additional D&O insurance or similar policy, any indemnification agreement, Company policies or the Articles of Incorporation or Bylaws of the Company as in effect as of the date hereof; provided,
however, that in the event that the benefits provided to any of the Company’s officers and directors under any of the foregoing documents or policies are enlarged after the date hereof, Executive shall receive such enlarged benefits.

 12. Certain Definitions. For purposes of this Agreement: 

 

	 	(a)	an “affiliate” of any person means another person that directly or indirectly, through one or more intermediaries, controls, is controlled by, or is under
common control with, such first person, and includes subsidiaries. 

  

	 	(b)	A “business day” means the period from 9:00 am to 5:00 pm on any weekday that is not a banking holiday in New York City, New York. 

 

	 	(c)	A “person” means an individual, corporation, limited liability company, partnership, association, trust or any other entity or organization, including any
court, administrative agency or commission or other governmental authority. 

  

	 	(d)	A “subsidiary” of any person means another person, an amount of the voting securities, other voting ownership or voting partnership interests of which is
sufficient to elect at least a majority of its board of directors or other governing body (or, if there are no such voting interests or no board of directors or other governing body, 50% or more of the equity interests of which) is owned directly or
indirectly by such first person. 

  
 17 

 IN WITNESS WHEREOF, the parties hereto have signed their names as of the day and year first above written.

  

			
	DUPONT FABROS TECHNOLOGY, INC.
		
	By:	 	 /s/ Hossein Fateh

			
		
	Name:	 	Hossein Fateh
	Title:	 	President and Chief Executive Officer

  

	
	 /s/ Lammot J. du Pont

	Lammot J. du Pont

  
 18 

 EXHIBIT
A1 

FORM OF RELEASE 
 For and
in consideration of the payments and other benefits due to [NAME] (the “Executive”) pursuant to the Employment Agreement dated as of
                    , 20    (the “Employment Agreement”), by and between DuPont Fabros Technology, Inc., (the
“Company”), DF Property Management LLC (the “LLC”) and the Executive, and for other good and valuable consideration, the Executive hereby agrees, for the Executive, the Executive’s spouse and child or children
(if any), the Executive’s heirs, beneficiaries, devisees, executors, administrators, attorneys, personal representatives, successors and assigns, to forever release, discharge and covenant not to sue the Company, the LLC or any of their
divisions, affiliates, subsidiaries, parents, branches, predecessors, successors, assigns, and, with respect to such entities, their officers, directors, trustees, employees, agents, shareholders, administrators, general or limited partners,
representatives, attorneys, insurers and fiduciaries, past, present and future (the “Released Parties”) from any and all claims of any kind arising out of, or related to, his employment with the Company, the LLC, its affiliates and
subsidiaries (collectively, with the Company and the LLC, the “Affiliated Entities”) or the Executive’s separation from employment with the Affiliated Entities, which the Executive now has or may have against the Released
Parties, whether known or unknown to the Executive, by reason of facts which have occurred on or prior to the date that the Executive has signed this Release. Such released claims include, without limitation, any and all claims relating to the
foregoing under federal, state or local laws pertaining to employment, including, without limitation, the Age Discrimination in Employment Act, Title VII of the Civil Rights Act of 1964, as amended, 42 U.S.C. Section 2000e et. seq., the Fair
Labor Standards Act, as amended, 29 U.S.C. Section 201 et. seq., the Americans with Disabilities Act, as amended, 42 U.S.C. Section 12101 et. seq. the Reconstruction Era Civil Rights Act, as amended, 42 U.S.C. Section 1981 et. seq.,
the Rehabilitation Act of 1973, as amended, 29 U.S.C. Section 701 et. seq., the Family and Medical Leave Act of 1992, 29 U.S.C. Section 2601 et. seq., and any and all state or local laws regarding employment discrimination and/or federal,
state or local laws of any type or description regarding employment, including but not limited to any claims arising from or derivative of the Executive’s employment with the Affiliated Entities, as well as any and all such claims under state
contract or tort law. 
 The Executive has read this Release carefully, acknowledges that the Executive has been given at least 21 days to
consider all of its terms and has been advised to consult with any attorney and any other advisors of the Executive’s choice prior to executing this Release, and the Executive fully understands that by signing below the Executive is voluntarily
giving up any right which the Executive may have to sue or bring any other claims against the Released Parties, including any rights and claims under the Age Discrimination in Employment Act. The Executive also understands that the Executive has a
period of seven days after signing this Release within which to revoke his agreement, and that neither the Company nor any other person is obligated to make any payments or provide any other benefits to the Executive pursuant to the Agreement until
eight days have passed since the Executive’s signing of this Release without the Executive’s signature having been revoked other than any accrued obligations or other benefits payable. 

 

	1 	 This release may be amended by the Company only to reflect new laws and changes in applicable laws.Executive Transition and Release Agreement

 Exhibit 10.01 
 EXECUTIVE TRANSITION AND RELEASE AGREEMENT 
 This Executive Transition and
Release Agreement (this “Agreement”) is entered into between John J. Bruggeman II (“Executive”) and Cadence Design Systems, Inc. (“Cadence” or the “Company”). 

1. RESIGNATION. Effective as of July 28, 2011 (the “Effective Date”), Executive hereby resigns his positions as
Senior Vice President and Chief Marketing Officer of Cadence and, after the Effective Date, Executive will be relieved of all of Executive’s authority and responsibilities in those positions and all other positions that Executive may hold as an
officer of Cadence or any of its subsidiaries or affiliates, after which Executive shall be employed by Cadence solely as a non-executive employee, as an advisor to Lip-Bu Tan. 

2. TRANSITION COMMENCEMENT DATE. From the Effective Date until August 14, 2011 (the “Initial Period”), Executive
shall remain a full-time employee of Cadence; provided, however, that (i) if Executive desires to accept full-time employment with a third party that is not engaged in a Cadence Business or the EDA Industry (each, as hereinafter defined),
Cadence shall not unreasonably withhold or delay its consent to same, and (ii) if Cadence grants such consent and Executive accepts such full-time employment, then Executive’s employment with Cadence during the remainder of the Initial
Period shall change to a part-time basis. Effective as of August 15, 2011 (the “Transition Commencement Date”), Executive, to the extent he has not already transitioned into part-time status, shall become a part-time employee of
Cadence. Executive will be paid (a) any earned but unpaid base salary for his services as an officer of the Company prior to the Transition Commencement Date and any outstanding expense reimbursements submitted and approved pursuant to
Section 3.1 of Executive’s Employment Agreement with the Company effective as of August 3, 2010 (the “Employment Agreement”); and (b) other unpaid vested amounts or benefits under the compensation, incentive and benefit
plans of the Company in which Executive participates, in each case under this clause (b) as of the Transition Commencement Date. The payment of the foregoing amounts shall be made to Executive by no later than the next regular payroll date
following the Transition Commencement Date. As of the first day of the month following the Transition Commencement Date, or, if sooner, the first date that Executive no longer meets the eligibility requirements under the terms of Cadence’s
medical, dental, and vision insurance plans, Executive will no longer participate in Cadence’s medical, dental, and vision insurance plans (unless Executive elects to continue coverage pursuant to COBRA). 

3. TRANSITION PERIOD. The period from the Effective Date to the date when Executive’s employment with Cadence under this
Agreement terminates (the “Termination Date”) is called the “Transition Period” in this Agreement. Executive’s Termination Date will be the earliest to occur of: 

a. the date on which Executive resigns from all employment with Cadence; 

b. the date on which Cadence terminates Executive’s employment due to a material breach by Executive of Executive’s duties or
obligations under this Agreement after written notice delivered to Executive identifying such breach and his failure to cure such breach, if curable, within thirty (30) days following delivery of such notice; and 

 c. August 14, 2012. 

4. DUTIES AND OBLIGATIONS DURING THE TRANSITION PERIOD AND AFTERWARDS. 

a. During the Initial Period, Executive shall assist Cadence in the smooth transition of his duties and responsibilities to his successor
and will render such services as Cadence’s Chief Executive Officer (“CEO”) and/or his delegates (collectively, the “Cadence Executives”) may reasonably request during normal business hours. During the period from the
Transition Commencement Date until the Termination Date, Executive will render such services as reasonably requested by the Cadence Executives on an as-needed basis at mutually-convenient times. From and after the Transition Commencement Date,
Executive’s time rendering the services described herein shall not exceed twenty (20) hours per month. Except as otherwise provided in paragraph 4(b) of this Agreement, from and after the Transition Commencement Date (or such earlier date
as mutually agreed by Executive and Cadence), Executive’s obligations hereunder will not preclude Executive from accepting and holding full-time employment elsewhere. Neither party expects that Executive will resume employment with Cadence in
the future at a level that exceeds the level set forth in this paragraph 4(a) and it is the parties’ intent that Executive will have experienced a “separation from service” as defined in Section 409A of the Code as of the
Transition Commencement Date. 
 b. In the course of his work with Cadence, Executive has obtained extensive and valuable
knowledge and information concerning Cadence’s business (including confidential information relating to Cadence and its operations, intellectual property, assets, contracts, customers, personnel, plans, marketing plans, research and development
plans and prospects). Executive acknowledges and agrees that it would be virtually impossible for Executive to work as an employee, consultant or advisor in any business in which Cadence engages on the Transition Commencement Date, including the EDA
Industry (as hereinafter defined), without inevitably disclosing confidential and proprietary information belonging to Cadence. Accordingly, during the Transition Period, Executive will not, directly or indirectly, provide services, whether as an
employee, consultant, independent contractor, agent, sole proprietor, partner, joint venturer, corporate officer or director, on behalf of any corporation, limited liability company, partnership, or other entity or person or successor thereto that
(i) is engaged in any business in which Cadence or any of its affiliates is engaged on the Transition Commencement Date or has been engaged at any time during the 12-month period immediately preceding the Transition Commencement Date, whether
in the EDA Industry or otherwise, anywhere in the world (a “Cadence Business”), or (ii) produces, markets, distributes or sells any products, directly or indirectly through intermediaries, that are competitive with Cadence or any of
its affiliates. As used in this Agreement, the term “EDA Industry” means the research, design or development of electronic design automation software, electronic design verification, emulation hardware and related products, such products
containing hardware, software and both hardware and/or software products, designs or solutions for, and all intellectual property embodied in the foregoing, or in commercial electronic design and/or maintenance services, such services including all
intellectual property embodied in the foregoing. If, during the Transition Period, Executive receives an offer of employment or consulting from any person or entity that engages in whole or in part in a Cadence Business, then Executive must first
obtain written approval from Cadence’s CEO before accepting said offer. 

  
 2 

 c. During the Transition Period, Executive will be prohibited, to the fullest extent allowed
by applicable law, and except with the written advance approval of Cadence’s CEO (or his successor(s)), from voluntarily or involuntarily, for any reason whatsoever, directly or indirectly, individually or on behalf of persons or entities not
now parties to this Agreement: (i) encouraging, inducing, attempting to induce, recruiting, attempting to recruit, soliciting or attempting to solicit or participating in any way in hiring or retaining for employment, contractor or consulting
opportunities anyone who is employed at that time, or was employed during the previous one year, by Cadence or any Cadence affiliate; (ii) interfering or attempting to interfere with the relationship or prospective relationship of Cadence or
any Cadence affiliate with any former, present or future client, customer, joint venture partner, or financial backer of Cadence or any Cadence affiliate; or (iii) soliciting, diverting or accepting business, in any line or area of business
engaged in by Cadence or any Cadence affiliate, from any former or present client, customer or joint venture partner of Cadence or any Cadence affiliate (other than on behalf of Cadence), except that Executive may solicit or accept business, in a
line of business engaged in by Cadence or a Cadence affiliate, from a former or present client, if and only if Executive had previously provided consulting services in such line of business, to such client, prior to ever being employed by Cadence,
but in no event may Executive violate paragraph 4(b) hereof. The restrictions contained in subparagraph (i) of this paragraph 4(c) shall also be in effect for a period of one year following the Termination Date. This paragraph 4(c) does not
alter any of the obligations the Executive may have under the Employee Invention and Confidential Information Agreement, dated July 30, 2009. 
 d. Executive will fully cooperate with Cadence in all matters relating to his employment, including the winding up of work performed in Executive’s prior position and the orderly transition of such
work to other Cadence employees. 
 e. Executive will not make any statement, written or oral, that disparages Cadence or any of
its affiliates, or any of Cadence’s or its affiliates’ products, services, policies, business practices, employees, executives, officers, or directors, past, present or future. Similarly, Cadence agrees to instruct its executive officers
and members of the Company’s Board of Directors not to make any statement, written or oral, that disparages Executive. The restrictions described in this paragraph shall not apply to any truthful statements made in response to a subpoena or
other compulsory legal process. 
 f. Notwithstanding paragraph 11 hereof, the parties agree that damages would be an inadequate
remedy for Cadence in the event of a breach or threatened breach by Executive of paragraph 4(b) or 4(c), or for Cadence or Executive in the event of a breach or threatened breach of paragraph 4(e). In the event of any such breach or threatened
breach, the non-breaching party may, either with or without pursuing any potential damage remedies, obtain from a court of competent jurisdiction, and enforce, an injunction prohibiting the other party from violating this Agreement and requiring the
other party to comply with the terms of this Agreement. 
 5. TRANSITION COMPENSATION AND BENEFITS. In consideration of
Executive’s execution of the release of claims in this Agreement and in Attachment 1 and as compensation for Executive’s services during the Initial Period and the Transition Period, Cadence will provide the following payments and benefits
to Executive (to which Executive would not otherwise be entitled), so long as Executive returns to the Company, on the earlier of 

  
 3 

 
the Transition Commencement Date or the date the Executive ceases to serve as a full-time employee of the Company, all hard and soft copies of records, documents, materials and files in his
possession or control, which contain or relate to confidential, proprietary or sensitive information obtained by Executive in conjunction with his employment with the Company, as well as all other Company-owned property, except to the extent
retained pursuant to Section 7 of the Employment Agreement: 
 a. During the Initial Period, Executive shall continue to
receive his base salary, and shall remain eligible to receive bonus compensation for the first half of calendar year 2011 with a personal multiplier of 1.0; provided, however, that in the event Executive’s employment transitions from full-time
to part-time prior to the Transition Commencement Date, from and after such transition to part-time status Executive’s base salary shall be pro-rated based on the number of hours per week actually worked by Executive. 

b. Effective as of the Transition Commencement Date, so long as the Executive executes and delivers a Release of Claims in the form of
Attachment 1 hereto no more than ten (10) days before the Transition Commencement Date and such Release of Claims has become irrevocable in accordance with its terms on or prior to the Transition Commencement Date, all of the unvested equity
compensation awards (including stock options, restricted stock and restricted stock units) that are not performance-based within the meaning of Section 162(m) of the Internal Revenue Code of 1986, as amended (the “Code”), that are
outstanding and held by Executive on the Transition Commencement Date and that would have vested over the twelve (12) months following the Transition Commencement Date had Executive continued to serve as an executive of the Company pursuant to
his Employment Agreement, shall immediately vest and become exercisable in full on the Transition Commencement Date of this Agreement, and there shall be no further vesting of those equity compensation awards during or after the Transition Period,
notwithstanding any provision in any equity compensation award to the contrary, except as otherwise provided by paragraph 8 hereof. Provided Executive continues in employment under this Agreement through the end of the applicable performance period,
unvested equity compensation awards that are performance-based within the meaning of Section 162(m) of the Code and that are outstanding and held by Executive on the Transition Commencement Date shall continue to vest though the end of the
applicable performance period provided any such performance period ends within twelve (12) months following the Transition Commencement Date, but only to the extent justified by the satisfaction of the performance goals prescribed for such
equity awards. Upon the conclusion of the performance period, such awards shall immediately vest to the extent they would have vested over the twelve (12) months following the Transition Commencement Date had Executive continued to serve as an
executive of the Company pursuant to his Employment Agreement, and there shall be no further vesting of such awards during or after the Transition Period except as otherwise provided by paragraph 8 hereof. Any acceleration pursuant to this paragraph
5(b) will have no effect on any other provisions of the stock awards. 
 c. Executive’s employment pursuant to this
Agreement (whether full-time or part-time) shall be considered a continuation of employee status and continuous service for all purposes under any equity compensation awards previously granted to Executive by the Company and outstanding on the
Effective Date. 

  
 4 

 d. If Executive elects to continue coverage under Cadence’s medical, dental, and vision
insurance plans pursuant to COBRA following the Transition Commencement Date (or such earlier date when Executive ceases to be eligible for coverage under Cadence’s medical, dental, and vision insurance plans), Cadence will pay Executive’s
COBRA premiums during the Transition Period; provided, however, that Cadence’s payment of such COBRA premiums shall cease upon Executive becoming eligible for coverage under similar benefit plans made available by a subsequent employer.

 Except as so provided or as otherwise set forth in paragraphs 6, 7 and 8 hereof, Executive will receive no other compensation or benefits
from Cadence in consideration of Executive’s services during the Transition Period. 
 6. FIRST TERMINATION PAYMENT AND
BENEFITS. Provided that Executive does not resign from employment with Cadence under this Agreement and Cadence does not terminate Executive’s employment with Cadence pursuant to paragraph 3(b) due to a material breach by Executive of
Executive’s duties under this Agreement, and in consideration for, and subject to, Executive’s execution and acceptance of and adherence to this Agreement and Executive’s execution and delivery of a Release of Claims in the form of
Attachment 1 as set forth in paragraph 5(b), and as compensation for Executive’s services during the Transition Period from and after the Transition Commencement Date, Cadence will provide to Executive the following termination payment, to
which Executive would not otherwise be entitled, in each case, so long as the Release of Claims has become irrevocable in accordance with its terms prior to the date of payment: 

a. a lump-sum payment of $350,000.00, less applicable tax deductions and withholdings, payable on the thirtieth
(30th) day following the date that is six months
after the Transition Commencement Date; and 
 b. for a period of six months, a monthly salary of $4,000.00 less applicable tax
withholdings and deductions, payable in accordance with Cadence’s regular payroll schedule, commencing on the first pay date that is more than thirty (30) days following the date that is six months after the Transition Commencement Date.

 7. SECOND TERMINATION PAYMENT AND BENEFITS; REFUND OF PAYMENTS. 

a. Provided that Executive does not resign from employment with Cadence under this Agreement and Cadence does not terminate
Executive’s employment with Cadence pursuant to paragraph 3(b) due to a material breach by Executive of Executive’s duties under this Agreement, on the thirtieth (30th) day following the Termination Date, and in consideration for, and
subject to, Executive’s execution and acceptance of and adherence to this Agreement and Executive’s further execution of a Release of Claims in the form of Attachment 2 to this Agreement on the Termination Date, Cadence will provide
to Executive the following termination payment, to which Executive would not otherwise be entitled, so long as the Release of Claims has become irrevocable in accordance with its terms prior to the date of payment: 

i. a lump-sum payment of $262,500.00, less applicable tax deductions and withholdings. 

  
 5 

 b. If the Company should terminate Executive’s employment with the Company due to a
breach by Executive of Executive’s duties or obligations under this Agreement, Executive shall promptly refund to the Company any and all amounts theretofore paid to Executive pursuant to paragraph 6(a), with interest on any such amount of
eight percent per annum, compounded monthly. 
 c. Notwithstanding anything in this Agreement to the contrary, to the extent
that the Company in good faith determines that any portion of the payments provided for in this Agreement resulting from Executive’s termination of employment constitutes a “deferral of compensation” and that Executive is a
“specified employee,” both within the meaning of Section 409A of the Code, no such amounts shall be payable to Executive pursuant to the Agreement prior to the earlier of (1) Executive’s death following the Transition
Commencement Date or (2) the date that is six months following the date of Executive’s “separation from service” with the Company (within the meaning of Section 409A of the Code). 

8. CHANGE IN CONTROL. If a Change in Control (as defined in the Employment Agreement) occurs within three (3) months
following the Effective Date, in which case the Company shall promptly notify Executive of the occurrence of such Change in Control, then (a) Section 4.5(a)(3) of the Employment Agreement shall apply in lieu of paragraph 5(b) of this Agreement;
and (b) Sections 4.5(a)(1) and 4.5(a)(2) of the Employment Agreement shall apply in addition to paragraphs 6(a) and 7(a) of this Agreement. 
 9. GENERAL RELEASE OF CLAIMS. 
 a. Executive hereby irrevocably, fully and
finally releases Cadence, its parent, subsidiaries, affiliates, directors, officers, agents and employees (“Releasees”) from all causes of action, claims, suits, demands or other obligations or liabilities, whether known or unknown,
suspected or unsuspected, that Executive ever had or now has as of the time that Executive signs this Agreement which relate to his hiring, his employment with the Company, the termination of his employment with the Company and claims asserted in
shareholder derivative actions or shareholder class actions against the Company and its officers and Board of Directors, to the extent those derivative or class actions relate to the period during which Executive was employed by the Company. The
claims released include, but are not limited to, any claims arising from or related to Executive’s employment with Cadence, such as claims arising under (as amended) Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the
Age Discrimination in Employment Act of 1974, the Americans with Disabilities Act, the Equal Pay Act, the Fair Labor Standards Act, the California Fair Employment and Housing Act, the California Labor Code, the Employee Retirement Income Security
Act of 1974 (except for any vested right Executive has to benefits under an ERISA plan), the state and federal Worker Adjustment and Retraining Notification Act, and the California Business and Professions Code; any other local, state, federal, or
foreign law governing employment; and the common law of contract and tort. In no event, however, shall any claims, causes of action, suits, demands or other obligations or liabilities be released pursuant to the foregoing if and to the extent they
relate to: 
 i. any amounts or benefits to which Executive is or becomes entitled pursuant to the provisions of this Agreement
or pursuant to the provisions designated in Section 9.9 of the Employment Agreement to survive the termination of Executive’s full-time employment; 

  
 6 

 ii. claims for workers’ compensation benefits under any of the Company’s
workers’ compensation insurance policies or funds; 
 iii. claims related to Executive’s COBRA rights; 

iv. any rights that Executive has or may have to be indemnified by Cadence pursuant to any contract, statute, or common law principle;
and 
 v. any other rights or claims that Executive has or may have that cannot, as a matter of law, be waived. 

b. Executive represents and warrants that he has not filed any claim, charge or complaint against any of the Releasees based upon any of
the matters released above. 
 c. Executive acknowledges that the payments provided in this Agreement constitute adequate
consideration for the release set forth in this paragraph 9. 
 d. Executive intends that this release of claims cover all
claims described above, whether or not known to Executive. Executive further recognizes the risk that, subsequent to the execution of this Agreement, Executive may incur loss, damage or injury which Executive attributes to the claims encompassed by
this release. Executive expressly assumes this risk by signing this Agreement and voluntarily and specifically waives any rights conferred by California Civil Code section 1542 which provides as follows: 

A general release does not extend to claims which the creditor does not know or suspect to exist in his or her favor at the time of
executing the release, which if known by him or her must have materially affected his or her settlement with the debtor. 
 e.
Executive represents and warrants that there has been no assignment or other transfer of any interest in any claim by Executive that is covered by this release. 
 10. REVIEW OF AGREEMENT; REVOCATION OF ACCEPTANCE. Executive has been given at least 21 days in which to review and consider this Agreement, although Executive is free to accept this Agreement
anytime within that 21-day period. Executive is advised to consult with an attorney about the Agreement. If Executive accepts this Agreement, Executive will have an additional 7 days from the date that Executive signs this Agreement to revoke that
acceptance, which Executive may effect by means of a written notice sent to the CEO. If this 7-day period expires without a timely revocation, this Agreement will become final and effective on the eighth day following the date of Executive’s
signature. 
 11. ARBITRATION. Subject to paragraph 4(f) hereof, all claims, disputes, questions, or controversies
arising out of or relating to this Agreement, including without limitation the construction or application of any of the terms, provisions, or conditions of this Agreement, will be resolved exclusively in final and binding arbitration in accordance
with the Arbitration Rules and Procedures, or successor rules then in effect, of Judicial Arbitration & Mediation Services, Inc. (“JAMS”). The arbitration will be held in the San Jose, California, metropolitan area, and will be
conducted and administered by JAMS or, in the event JAMS does not then conduct arbitration proceedings, a similarly reputable arbitration administrator. 

  
 7 

 Executive and Cadence will select a mutually acceptable, neutral arbitrator from among the JAMS panel of
arbitrators. Except as provided by this Agreement, the Federal Arbitration Act will govern the administration of the arbitration proceedings. The arbitrator will apply the substantive law (and the law of remedies, if applicable) of the State of
California, or federal law, if California law is preempted, and the arbitrator is without jurisdiction to apply any different substantive law. Executive and Cadence will each be allowed to engage in adequate discovery, the scope of which will be
determined by the arbitrator consistent with the nature of the claim[s] in dispute. The arbitrator will have the authority to entertain a motion to dismiss and/or a motion for summary judgment by any party and will apply the standards governing such
motions under the Federal Rules of Civil Procedure. The arbitrator will render a written award and supporting opinion that will set forth the arbitrator’s findings of fact and conclusions of law. Judgment upon the award may be entered in any
court of competent jurisdiction. Cadence will pay the arbitrator’s fees, as well as all administrative fees, associated with the arbitration. Each party will be responsible for paying its own attorneys’ fees and costs (including expert
witness fees and costs, if any). However, in the event a party prevails at arbitration on a statutory claim that entitles the prevailing party to reasonable attorneys’ fees as part of the costs, then the arbitrator may award those fees to the
prevailing party in accordance with that statute. 
 12. NO ADMISSION OF LIABILITY. Nothing in this Agreement will
constitute or be construed in any way as an admission of any liability or wrongdoing whatsoever by Cadence or Executive. 

13. INTEGRATED AGREEMENT. This Agreement is intended by the parties to be a complete and final expression of their rights and
duties respecting the subject matter of this Agreement. Except as expressly provided herein, nothing in this Agreement is intended to negate Executive’s agreement to abide by Cadence’s policies while serving as a Cadence employee,
including but not limited to Cadence’s Employee Handbook, Sexual Harassment Policy and Code of Business Conduct, or Executive’s continuing obligations under Executive’s Employee Proprietary Information and Inventions Agreement, or any
other agreement governing the disclosure and/or use of proprietary information, which Executive signed while working with Cadence or its predecessors; nor to waive any of Executive’s obligations under state and federal trade secret laws.

 14. FULL SATISFACTION OF COMPENSATION OBLIGATIONS; ADEQUATE CONSIDERATION. Executive agrees that the payments and
benefits provided herein satisfy in full all obligations of Cadence to Executive arising out of or in connection with Executive’s employment through the Termination Date, including, without limitation, all compensation, salary, bonuses,
reimbursement of expenses, and benefits. 
 15. TAXES AND OTHER WITHHOLDINGS. Notwithstanding any other provision of this
Agreement, the Company may withhold from amounts payable hereunder all federal, state, local and foreign taxes and other amounts that are required to be withheld by applicable laws or regulations, and the withholding of any amount shall be treated
as payment thereof for purposes of determining whether Executive has been paid amounts to which he is entitled. 
 16.
WAIVER. Neither party shall, by mere lapse of time, without giving notice or taking other action hereunder, be deemed to have waived any breach by the other party of any of 

  
 8 

 
the provisions of this Agreement. Further, the waiver by either party of a particular breach of this Agreement by the other shall neither be construed as, nor constitute, a continuing waiver of
such breach or of other breaches of the same or any other provision of this Agreement. 
 17. MODIFICATION. This
Agreement may not be modified unless such modification is embodied in writing, signed by the party against whom the modification is to be enforced. Notwithstanding anything herein or in the Employment Agreement to the contrary, the Company may, in
its sole discretion, amend this Agreement (which amendment shall be effective upon its adoption or at such other time designated by the Company) at any time prior to a Change in Control as may be necessary to avoid the imposition of the additional
tax under Section 409A(a)(1)(B) of the Code; provided, however, that any such amendment shall not materially reduce the benefits provided to Executive pursuant to this Agreement without the Executive’s consent. 

18. ASSIGNMENT AND SUCCESSORS. Cadence shall have the right to assign its rights and obligations under this Agreement to an entity
that, directly or indirectly, acquires all or substantially all of the assets of Cadence. The rights and obligations of Cadence under this Agreement shall inure to the benefit and shall be binding upon the successors and assigns of Cadence.
Executive shall not have any right to assign his obligations under this Agreement and shall only be entitled to assign his rights under this Agreement upon his death, solely to the extent permitted by this Agreement, or as otherwise agreed to in
writing by Cadence. 
 19. SEVERABILITY. In the event that any part of this Agreement is found to be void or
unenforceable, all other provisions of the Agreement will remain in full force and effect. 
 20. GOVERNING LAW. This
Agreement will be governed and enforced in accordance with the laws of the State of California, without regard to its conflict of laws principles. 
 EXECUTION OF AGREEMENT 
 The parties execute this Agreement to evidence
their acceptance of it. 
  

							
	Dated: 7-26-2011	 	 	  	Dated: 7-29-2011	  	 
				
	JOHN J. BRUGGEMAN II	 		  	CADENCE DESIGN SYSTEMS, INC.	  	
				
	 /s/John J. Bruggeman II
	 		  	 By: /s/Christina R. Jones
         Christina R. Jones

        Sr. Vice President -
         Global Human Resources
	  	

  
 9 

 ATTACHMENT 1 
 RELEASE OF CLAIMS 
 1. For valuable consideration, I irrevocably, fully and
finally release Cadence, its parent, subsidiaries, affiliates, directors, officers, agents and employees (“Releasees”) from all causes of action, claims, suits, demands or other obligations or liabilities, whether known or unknown,
suspected or unsuspected, that I ever had or now have as of the time that I sign this Agreement which relate to my hiring or employment with the Company, the termination of my employment with the Company and claims asserted in shareholder derivative
actions or shareholder class actions against the Company and its officers and Board of Directors, to the extent those derivative or class actions relate to the period during my employment with the Company. The claims released include, but are not
limited to, any claims arising from or related to my employment with Cadence, such as claims arising under (as amended) Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the Age Discrimination in Employment Act of 1974, the
Americans with Disabilities Act, the Equal Pay Act, the Fair Labor Standards Act, the California Fair Employment and Housing Act, the California Labor Code, the Employee Retirement Income and Security Act of 1974 (except for any vested right I have
to benefits under an ERISA plan), the state and federal Worker Adjustment and Retraining Notification Act, and the California Business and Professions Code; any other local, state, federal, or foreign law governing employment; and the common law of
contract and tort. In no event, however, shall any claims, causes of action, suits, demands or other obligations or liabilities be released pursuant to the foregoing if and to the extent they relate to: 

i. any amounts or benefits which I am or become entitled to receive pursuant to the provisions of my Executive Transition and Release
Agreement with Cadence or pursuant to the provisions designated in Section 9.9 of my Employment Agreement with Cadence to survive the termination of my full-time employment; 

ii. claims for workers’ compensation benefits under any of the Company’s workers’ compensation insurance policies or
funds; 
 iii. claims related to my COBRA rights; 
 iv. any rights that I have or may have to be indemnified by Cadence pursuant to any contract, statute, or common law principle; and 

v. any other rights or claims that I have or may have that cannot, as a matter of law, be waived. 

2. I intend that this Release cover all claims described above, whether or not known to me. I further recognize the risk that, subsequent
to the execution of this Release, I may incur loss, damage or injury which I attribute to the claims encompassed by this Release. I expressly assume this risk by signing this Release and voluntarily and specifically waive any rights conferred by
California Civil Code section 1542 which provides as follows: 
 A general release does not extend to claims which the creditor
does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor. 

 3. I represent and warrant that there has been no assignment or other transfer of any
interest in any claim by me that is covered by this Release. 
 4. I acknowledge that Cadence has given me 21 days in which to
consider this Release and advised me to consult an attorney about it. I further acknowledge that once I execute this Release, I will have an additional 7 days in which to revoke my acceptance of this Release by means of a written notice of
revocation given to the General Counsel and the executive overseeing Human Resources. This Release will not be final and effective until the expiration of this revocation period. 

 

									
		 		 		 		 	
					
	Dated:	 	
                    
          
	 	.	 		 	 
		 		 		 		 	Print Name
		 		 		 		 	  

		 		 		 		 	Sign Name

  
 11 

 ATTACHMENT 2 
 RELEASE OF CLAIMS 
 1. For valuable consideration, I irrevocably, fully and
finally release Cadence, its parent, subsidiaries, affiliates, directors, officers, agents and employees (“Releasees”) from all causes of action, claims, suits, demands or other obligations or liabilities, whether known or unknown,
suspected or unsuspected, that I ever had or now have as of the time that I sign this Agreement which relate to my hiring or employment with the Company, the termination of my employment with the Company and claims asserted in shareholder derivative
actions or shareholder class actions against the Company and its officers and Board of Directors, to the extent those derivative or class actions relate to the period during my employment with the Company. The claims released include, but are not
limited to, any claims arising from or related to my employment with Cadence, such as claims arising under (as amended) Title VII of the Civil Rights Act of 1964, the Civil Rights Act of 1991, the Age Discrimination in Employment Act of 1974, the
Americans with Disabilities Act, the Equal Pay Act, the Fair Labor Standards Act, the California Fair Employment and Housing Act, the California Labor Code, the Employee Retirement Income and Security Act of 1974 (except for any vested right I have
to benefits under an ERISA plan), the state and federal Worker Adjustment and Retraining Notification Act, and the California Business and Professions Code; any other local, state, federal, or foreign law governing employment; and the common law of
contract and tort. In no event, however, shall any claims, causes of action, suits, demands or other obligations or liabilities be released pursuant to the foregoing if and to the extent they relate to: 

i. any amounts or benefits which I am or become entitled to receive pursuant to the provisions of my Executive Transition and Release
Agreement with Cadence or pursuant to the provisions designated in Section 9.9 of my Employment Agreement with Cadence to survive the termination of my full-time employment; 

ii. claims for workers’ compensation benefits under any of the Company’s workers’ compensation insurance policies or
funds; 
 iii. claims related to my COBRA rights; 
 iv. any rights that I have or may have to be indemnified by Cadence pursuant to any contract, statute, or common law principle; and 

v. any other rights or claims that I have or may have that cannot, as a matter of law, be waived. 

2. I intend that this Release cover all claims described above, whether or not known to me. I further recognize the risk that, subsequent
to the execution of this Release, I may incur loss, damage or injury which I attribute to the claims encompassed by this Release. I expressly assume this risk by signing this Release and voluntarily and specifically waive any rights conferred by
California Civil Code section 1542 which provides as follows: 
 A general release does not extend to claims which the creditor
does not know or suspect to exist in his or her favor at the time of executing the release, which if known by him or her must have materially affected his or her settlement with the debtor. 

 3. I represent and warrant that there has been no assignment or other transfer of any
interest in any claim by me that is covered by this Release. 
 4. I acknowledge that Cadence has given me 21 days in which to
consider this Release and advised me to consult an attorney about it. I further acknowledge that once I execute this Release, I will have an additional 7 days in which to revoke my acceptance of this Release by means of a written notice of
revocation given to the General Counsel and the executive overseeing Human Resources. This Release will not be final and effective until the expiration of this revocation period. 

 

									
		 		 		 		 	
					
	Dated:	 	
                    
         
	 	.	 		 	 
		 		 		 		 	Print Name
		 		 		 		 	  

		 		 		 		 	Sign Name

  
 13

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