Document:

Executive Officer Sales Incentive Compensation Plan

 Exhibit 10.2 
 Microtune, Inc. 
  
  
 Executive Officer 
 Sales Incentive 
 Compensation Plan 
  
  

	I.	Introduction 

 The purpose of the Executive Officer
Sales Incentive Compensation Plan (the “Plan”) is to aid Microtune, Inc. (“Microtune” or the “Company”) and its affiliates in rewarding the Vice President of Worldwide Sales (the “Executive”) by providing a
competitive incentive compensation opportunity based upon financial performance of the Company and a subjective assessment of individual performance. There are two plan periods per calendar year. The first plan period is January 1 through
June 30. The second plan period is July 1 through December 31. It is a pay for performance Plan rewarding global revenue achievement and individual design win success. The Board of Directors has authorized and approved the Plan, upon
the recommendation of the Compensation Committee, and the Chief Executive Officer has been given the authority to administer the Plan. 
  

	II.	Total Sales Incentive Compensation 

 The Vice
President of World Wide Sales will be eligible to earn incentive compensation based upon Microtune’s worldwide revenue and the design-win success of Microtune sales personnel and field applications engineers. These specific incentive factors
will produce a maximum payout target of 100% of base salary. 
  

	III.	Mix of Sales Incentive Compensation 

 Sales
incentive compensation will be determined as follows: 
 Sales Incentive Compensation 
  

				
	 Design-win Goal Compensation
	  	30	%
	 Revenue Goal Compensation
	  	70	%

  

	IV.	Sales Incentive Compensation Components 

 a)
Revenue Goal Compensation. Revenue goals will be based upon Company revenue consensus forecasts as described below: 
 The target revenue
goal (“Revenue Goal(s)”) is calculated as follows: 
  

	 	1.	The first quarter revenue goal is the average of the previous September through November consensus forecasts for the first quarter. 

	 	2.	The second quarter revenue goal is the average of the previous December through February consensus forecasts for the second quarter. 

	 	3.	The third quarter revenue goal is the average of the previous March through May consensus forecasts for the third quarter. 

	 	4.	The fourth quarter revenue goal is the average of the previous June through August consensus forecasts for the fourth quarter. 

  
 MICROTUNE, INC. EXECUTIVE OFFICER SALES INCENTIVE COMPENSATION PLAN 

  

 2 

 The first quarter and second quarter revenue goals
are then added to set the mid-year revenue goal. Similarly, the third quarter and fourth quarter revenue goals are then added to set the year-end revenue goal. The consensus forecasts described above are established by the Company’s operations
staff which makes the final determination regarding a particular forecast with the review and approval by the Company’s Chief Operating Officer and Chief Financial Officer. 
 The portion of the sales incentive compensation determined in accordance with the Revenue Goal (“Revenue Goal Compensation”) is calculated as
follows: 
 THRESHOLD: If actual Recorded Revenue (defined below) reaches at least 70% of the Revenue Goal for the applicable period, then
the Executive will be eligible for Revenue Goal Compensation for that Plan period. If this threshold is not met, however, Revenue Goal Compensation for that particular Plan period will be zero. 
 TARGET: “Target Revenue” is 100% of the applicable mid-year Revenue Goal or year-end Revenue Goal, as applicable. 
 Revenue Goal Compensation for a particular plan period is determined by the following formula: 
  

	 	•	 	 Annual base salary X 50% = “Raw RGC” 

  

	 	•	 	 Raw RGC X (Recorded Revenue/Target Revenue) = “Adjusted RGC” 

  

	 	•	 	 Adjusted RGC X 70% (Revenue Goal weighting) = “Final Revenue Goal Compensation” 

 The Company determines “Recorded Revenue” by application of U.S. GAAP accounting principles that are interpreted and applied by the
Company’s Finance Department on a consistent basis. 
 b) Design-win Goal Compensation: “Design Win” means a new or
existing customer has incorporated a Microtune Product into its product’s design as further defined below. 
 Points will be assigned
for target accounts which are identified in advance. The points allocated for the “Design-win Goals” (goals established for a future six month period) will equal 100 points for each Salesperson and FAE under the Plan and may be weighted by
the strategic significance of the account. 
 Fifty percent (50%) credit for a Design Win will be earned when: (1) the customer has
built and tested its own product using the Microtune product as specified in the applicable Design-win Goal, and is sufficiently satisfied with the performance such that no additional revisions of the customer’s product are believed to be
required before the customer starts production and (2) the other fifty percent (50%) will be earned after $50,000 in product sales have been recognized as Recorded Revenue. This second 50% must occur no later than the current Plan Period
plus two consecutive Plan Periods (total of 18 months). 
 Design-win Goal Compensation for a particular plan period is determined by the
following formula: 
  
 MICROTUNE, INC. EXECUTIVE OFFICER SALES
INCENTIVE COMPENSATION PLAN 
  

 3 

	 	•	 	 Annual base salary X 50% = “Raw DGC” 

  

	 	•	 	 Raw DGC X (Total points awarded to salespeople and FAE’s for design-win goal completion divided by the total number of salespeople and FAE’s included in
the Company’s Sales Incentive Compensation Plan expressed as an average percentage, but excluding all points awarded based on subjective goals) = “Adjusted DGC” 

  

	 	•	 	 Adjusted DGC X 30% (Design-win Goal weighting) = “Final Design-win Goal Compensation” 

 The Salespersons/FAE’s will identify specific design-win goals and the Vice President of Worldwide Sales will work with the Business Unit General
Managers to revise and agree upon the final strategic design-win opportunities and corresponding Design-win Goals. 
 These Design-win Goals
will be weighted and acknowledged by plan participants, their Managers, the Business Unit Manager, the Vice President of Worldwide Sales and the CEO at least two weeks before entering an applicable plan period. Once an applicable plan period has
been entered, the Design-win Goals for that plan period will be fixed. 
 The Chief Executive Officer shall have the authority to make any
determinations regarding Design Wins and Design-win Goal Compensation. 
  

	V).	Payment Schedule & Calculation 

  

	 	a)	Executive must be a current Company employee on the actual date of payment to be eligible for a payment under this Plan; provided, however, that if Executive is a current employee
after sixty (60) days from the end of an applicable quarter, he shall be eligible to receive a payment under this Plan for that applicable quarter or period. 

  

	 	b)	If Executive is on Long-term Disability (after 90 consecutive days of disability and meeting the definition of disability), he will not be entitled to receive Sales Incentive
Compensation during those Plan periods. 

  

	 	c)	Design-win Goal Compensation payments will be made quarterly if they are achieved within the quarter. Revenue Goal Compensation payments will be paid within thirty (30) days of
the end of the applicable plan period. The Company will attempt to make all relevant payments within thirty (30) days from the end of each quarter and no later than sixty (60) days from the end of each quarter. 

  

	 	d)	The plan is progressive and as such the revenue payout is based upon absolute revenue over the 6-month period. 

  
 MICROTUNE, INC. EXECUTIVE OFFICER SALES INCENTIVE COMPENSATION PLAN 

  

 4 

	VI).	Other 

  

	 	a)	Personal Taxes. Sales Incentive Compensation paid under this Plan shall be subject to all applicable withholding and other employment taxes. 

  

	 	b)	Plan Administration. Administration of the Plan is the responsibility of the Chief Executive Officer. The Chief Executive Officer shall have the authority to interpret the
Plan . 

  

	 	c)	Disputes: Any disputes arising from this Plan will be reviewed by the Chief Executive Officer, who will make a recommendation to the Chair of the Compensation Committee for
disposition. 

  

	 	d)	Plan Changes: The Company reserves the right to modify or make changes to the Plan at any time. Any changes to the Plan must be approved by the Compensation Committee of the
Board of Directors. This Plan is not an employment contract and the Executive will remain an employee at will. 

  
 MICROTUNE, INC. EXECUTIVE OFFICER SALES INCENTIVE COMPENSATION PLAN 
  

 5Amendment to Revolving Credit and Security Agreement

 Exhibit 10.1 
  

			
	Amendment to Loan Documents	  	©PNCBANK

 THIS AMENDMENT TO LOAN DOCUMENTS this (“Amendment”) is made as of December 7th 2007, by
and between FRANKLIN ELECTRONIC PUBLISHERS, INC., FRANKLIN ELECTRONIC PUBLISHERS (EUROPE) LTD., AND FRANKLIN ELECTRONIC PUBLISHERS (DEUTSCHLAND) GMBH (each a “Borrower” and collectively, the “Borrower”), and PNC BANK, NATIONAL
ASSOCIATION (the “Bank”). 
 BACKGROUND 
 A. The Borrower has executed and delivered to the Bank (or a predecessor which is now known by the
Bank’s name as set forth above), one or more promissory notes, letter agreements, loan agreements, security agreements, mortgages, pledge agreements, collateral assignments, and other agreements, instruments, certificates and documents, some or
all of which are more fully described on attached Exhibit A, which is made a part of this Amendment (collectively as amended from time to time, the “Loan Documents”) which evidence or secure some or all of the Borrower’s obligations to the Bank for one or more loans or other extensions of credit (the “Obligations”). 
 B. The Borrower and the Bank desire to amend the Loan Documents as provided for in this Amendment. 
 NOW, THEREFORE, in consideration of the mutual covenants herein contained and intending to be legally bound hereby, the parties hereto agree as follows;

 1. Certain of the Loan Documents are amended as set forth in Exhibit A. Any and all references to any Loan Document in any other Loan
Document shall be deemed to refer to such Loan Document as amended by this Amendment. This Amendment is deemed incorporated into each of the Loan Documents. Any initially capitalized terms used in this Amendment without definition shall have the
meanings assigned to those terms in the Loan Documents. To the extent that any term or provision of this Amendment is or may be inconsistent with any term or provision in any Loan Document, the terms and provisions of this Amendment shall control.

 2. The Borrower hereby certifies that (a) all of its representations and warranties in the Loan Documents, as amended by this Amendment,
are, except as may otherwise be stated in this Amendment: (i) true and correct as of the date of this Amendment, (ii) ratified and confirmed without condition as if made anew and (iii) incorporated into this Amendment by reference,
(b) no Event of Default or event which, with the passage of time or the giving of notice or both, would constitute an Event of Default, exists under any Loan Document which will not be cured by the execution and effectiveness of this Amendment,
(c) no consent approval, order authorization of, or registration or filing with, any third party is required in connection with the execution, delivery and carrying out of this Amendment or, if required, has been obtained, and (d) this
Amendment has been duly authorized, executed and delivered so that it constitutes the legal, valid and binding obligation of the Borrower, enforceable in accordance with its terms. The Borrower confirms that the Obligations remain outstanding
without defense, set off, counterclaim, discount or charge of any kind as of the date of this Amendment. 
 3. The Borrower hereby confirms
that any collateral for the Obligations, including liens, security interests, mortgages, and pledges granted by the Borrower or third parties (if applicable), shall continue unimpaired and in full force and effect, and shall cover and secure all of
the Borrower’s existing and future Obligations to the Bank, as modified by this Amendment. 

 4. As a condition precedent to the effectiveness of this Amendment, the Borrower shall comply with the
terms and conditions (if any) specified in Exhibit A. 
 5. To induce the Bank to
enter into this Amendment, the Borrower waives and releases and forever discharges the Bank and its officers, directors, attorneys, agents, and employees from any liability, damage, claim, loss or expense of any kind that it may have against the
Bank or any of them arising out of or relating to the Obligations. The Borrower further agrees to indemnify and hold the Bank and its officers, directors, attorneys, agents and employees harmless from any loss, damage, judgment, liability or expense
(including attorneys7 fees) suffered by or rendered against the Bank or any of them on account of any claims arising out of or relating to the Obligations.
The Borrower further states that it has carefully read the foregoing release and indemnity, knows the contents thereof and grants the same as its own free act and deed. 
 6. This Amendment may be signed in any number of counterpart copies and by the parties to this Amendment on separate counterparts, but all such copies
shall constitute one and the same instrument. Delivery of an executed counterpart of a signature page to this Amendment by facsimile transmission shall be effective as delivery of a manually executed counterpart. Any party so executing this
Amendment by facsimile transmission shall promptly deliver a manually executed counterpart provided that any failure to do so shall not affect the validity of the counterpart executed by facsimile transmission. 
 7. This Amendment will be binding upon and inure to the benefit of the Borrower and the Bank and their respective heirs, executors, administrators,
successors and assigns. 
 8. This Amendment has been delivered to and accepted by the Bank and will be deemed to be made in the State where
the Bank’s office indicated in the Loan Documents is located. This Amendment will be interpreted and the rights and liabilities of the parties hereto determined in accordance with the laws of the State where the Bank’s office indicated in
the Loan Documents is located, excluding its conflict of laws rules. 
 9. Except as amended hereby, the terms and provisions of the Loan
Documents remain unchanged, are and shall remain in full force and effect unless and until modified or amended in writing in accordance with their terms, and are hereby ratified and confirmed. Except as expressly provided herein, this Amendment
shall not constitute on amendment, waiver, consent or release with respect to any provision of any Loan Document, a waiver of any default or Event of Default under any Loan Document, or a waiver or release of any of the Bank’s rights and
remedies (all of which are hereby reserved). The Borrower expressly ratifies and confirms the waiver of jury trial provisions contained in the Loan Documents. 
 WITNESS the due execution of this Amendment as a document under seal as of the date first written above. 
  

									
	WITNESS / ATTEST:	 		 	FRANKLIN ELECTRONIC PUBLISHERS, INC.
				
	/s/ Barbara Anderson	 		 	By:	 	/s/ Frank Musto
	Print Name:	 	Barbara Anderson	 		 	Print Name:	 	Frank Musto
	Title:	 	Assistant Treasurer	 		 	Title:	 	Vice President, Finance, CFO
	(Include title only if an officer of entity signing to the right)	 		 		 	

 [Signatures continue on next page] 
  

 - 2 - 

									
	WITNESS / ATTEST:	 		 	FRANKLIN ELECTRONIC PUBLISHERS (EUROPE) LTD.
				
	/s/ Barbara Anderson	 		 	By:	 	/s/ Frank Musto
	Print Name:	 	Barbara Anderson	 		 	Print Name:	 	Frank Musto
	Title:	 	Assistant Treasurer	 		 	Title:	 	Vice President, Finance, CFO
	(Include title only if an officer of entity signing to the right)	 		 		 	
			
	WITNESS / ATTEST:	 		 	FRANKLIN ELECTRONIC PUBLISHERS (DEUTSCHLAND) GHBH.
				
	/s/ Barbara Anderson	 		 	By:	 	/s/ Frank Musto
	Print Name:	 	Barbara Anderson	 		 	Print Name:	 	Frank Musto
	Title:	 	Assistant Treasurer	 		 	Title:	 	Vice President, Finance, CFO
	(Include title only if an officer of entity signing to the right)	 		 		 	
				
		 		 		 	PNC BANK, NATIONAL ASSOCIATION
					
		 		 		 	By:	 	/s/ Michael T. Raynor
		 		 		 	Print Name:	 	Michael T. Raynor
		 		 		 	Title:	 	Senior VicePresident

 EXHIBIT A TO 
 AMENDMENT TO LOAN DOCUMENTS 
 DATED AS OF DECEMBER 7, 2007 
  

	A.	The “Loan Documents” that are the subject of this Amendment include the following (as any of the foregoing have previously been amended, modified or otherwise
supplemented): 

  

	 	1.	Revolving Credit and Security Agreement dated December 7, 2004 (the “Agreement”) 

  

	 	2.	Revolving Credit Note dated December 7, 2004 (the “Note”) 

  

	 	3.	All other documents, instruments, agreements, and certificates executed and delivered in connection with the Loan Documents listed in this Section A. 

  

	B.	The Loan Documents are amended as follows: 

 Modification to the Agreement 
 The “Term” set forth in sub-section 13.1 of section XIII
EFFECTIVE DATE AND TERMINATION is hereby amended to mean March 6, 2008, or such later date as may be designated by the Bank by written notice from the Bank to the Borrower. 
 Modification to the Note 
 The date on which the unpaid principal amount of all Revolving Advances made pursuant to the Credit Agreement shall be due and payable is hereby amended to mean March 6, 2008, or such later date as may be
designated by the Bank by written notice from the Bank to the Borrower. 
  

	C.	Conditions to Effectiveness of Amendment: The Bank’s willingness to agree to the amendments set forth in this Amendment are subject to the prior satisfaction of the following
conditions: 

  

	 	1.	Execution by all parties and delivery to the Bank of this Amendment. 

  

	 	2.	Reimbursement of the fees and expenses of the Bank’s in-house counsel in connection with this Amendment, which fees and expenses as of the date of this Amendment are $350.00.

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