Document:

EX-10.19

 Exhibit 10.19 

SETTLEMENT AGREEMENT AND RELEASE 

SETTLEMENT AGREEMENT AND RELEASE (“Agreement”) made as of this 11th day of April, 2014, by and between Dr. Donald G.
Basile (“Basile”) and Violin Memory, Inc., a Delaware corporation (“Violin”). 
 WHEREAS, Basile and Violin (hereinafter
collectively the “Parties”) desire to resolve and settle in full any and all claims that have arisen with respect to Basile’s rights to severance payments, restricted stock units (“RSUs”), and COBRA coverage under the terms
of his Employment Agreement with Violin, dated May 3, 2012 (“Employment Agreement”); and 
 WHEREAS, the Parties are entering
into this Agreement for the mutual purposes of avoiding the burdens and expense of litigation that may arise in connection with Basile’s claims; 

NOW, THEREFORE, in exchange for and in consideration of the mutual promises, warranties and representations undertaken herein, and for other
good and valuable consideration, the receipt of which is hereby acknowledged, the Parties agree as follows: 
 1. In full satisfaction of
all payments allegedly owed by Violin to Basile under the Employment Agreement, Violin shall pay or provide Basile with the following: 

(a) Shares of Violin common stock equal in value to $920,000, the number of shares to be determined by dividing $920,000 by the closing price
of Violin common stock on the Effective Date of this Agreement, rounded up to the nearest whole share, and delivered into Basile’s Merrill Lynch account within ten (10) days following the Effective Date of this Agreement (the sale,
transfer, or disposition of such shares shall be subject to the terms and conditions in Paragraph 4(d) below); 
 (b) RSUs in Violin, as
further described in paragraph 4 of this Agreement; 

 (c) 18 months of COBRA continuation health coverage paid for by Violin to the extent Basile
elects and remains eligible for such coverage, with such 18-month period commencing as of January 1, 2014 (and for the avoidance of doubt, Basile waives any rights he may have to additional COBRA health coverage, whether paid by him or Violin,
under Violin’s group health plans following such initial 18-month period); and 
 (d) Cash in the amount of $61,109.65, made payable to
Paul, Weiss, Rifkind, Wharton & Garrison LLP, as compensation for its retention and representation of Basile, to be delivered to Aidan Synnott, at Paul, Weiss, Rifkind, Wharton & Garrison LLP, 1285 Avenue of the Americas, New York,
NY 10019, within five (5) days of the Effective Date of this Agreement. Hereafter, Violin will abide by its obligations under Section 6 of the Indemnification Agreement, dated November 12, 2012 (the “Indemnification
Agreement”). 
 (e) The amounts set forth in Section 1, subparagraphs (a), (b), (c), and (d) are hereinafter collectively
known as the “Settlement Amount.” Basile acknowledges and agrees that he is not entitled to any payment from Violin under his Employment Agreement or under any other Violin severance plan, program or agreement in excess of the Settlement
Amount or further reimbursement relating to travel and entertainment expenses he incurred while employed by Violin. 
 (f) Violin
acknowledges and agrees that it is not entitled to any reimbursement from Basile relating to travel and entertainment expenses he incurred while employed by Violin. 

  
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 2. Basile expressly agrees that he will not act on behalf of Violin or hold himself out as
authorized to conduct business on behalf of Violin or its affiliates or their employees. 
 3. Basile represents and warrants that within
five business days from the Effective Date he will have returned to Violin all of Violin’s physical or intellectual property known by Basile to be in his possession or under his control, including, without limitation, any physical or electronic
documents, memoranda, files, faxes, equipment, books, notes and the like and any and all copies thereof, whether located on a Violin or personal device, and any company identification cards, credit cards, keys, card keys, computers, cell phones or
the like. Basile represents and warrants that he has made a diligent search for any such items. 
 4. (a) The Parties acknowledge and agree
that, as of the date of his termination on December 16, 2013, he was entitled to 1,250,000 RSUs that had vested prior to his termination, not including any RSUs whose vesting may have been accelerated pursuant to the Employment Agreement. These
1,250,000 RSUs are hereinafter referred to as the “Vested RSUs.” The Parties acknowledge and agree that the settlement date for the Vested RSUs shall be as follows: 
  

			
	 Number of Vested RSUs
	 	 Settlement Date

	 550,000
	 	5/1/14
	 550,000
	 	5/7/14
	 150,000
	 	5/12/14

  
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 (b) The Parties further acknowledge and agree that, apart from the Vested RSUs, Basile is
separately entitled to 1,625,000 RSUs whose vesting was accelerated, and which are now vested, pursuant to the terms on page 4 of Basile’s Employment Agreement under the heading “Severance.” These 1,625,000 RSUs are hereinafter
referred to as the “Accelerated RSUs.” The Parties acknowledge and agree that the settlement dates for the Accelerated RSUs shall be as follows: 
  

			
	 Number of Accelerated RSUs
	 	 Settlement Date

	 406,250
	 	5/12/14
	 406,250
	 	6/2/14
	 406,250
	 	7/2/14
	 406,250
	 	8/4/14

 (c) The Parties further acknowledge and agree that, apart from the Vested RSUs and Accelerated RSUs, Basile is
not entitled to any additional RSUs of Violin, and that any right he may have had to any other RSUs is hereinafter irrevocably waived. 

(d) On each Settlement Date listed above, with respect to both Vested RSUs and Accelerated RSUs, and upon delivery of the shares of
unrestricted common stock described in Section 1(a) above, Basile acknowledges and agrees that he will conduct a 

  
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broker-assisted sale of sufficient shares of Violin common stock delivered on each Settlement Date or delivery date to cover any required tax withholdings due on that Settlement Date or delivery
date, and shall cause the broker to remit the full amount of any such required tax withholdings to Violin within two (2) business days following the applicable Settlement Date or delivery date. Basile acknowledges and agrees that he will not
sell, transfer, or otherwise dispose of any shares of Violin stock obtained under this Agreement until Violin has received from the broker any required tax withholdings associated with those shares. 

(e) The Parties agree and acknowledge that the settlement of the Vested and Accelerated RSUs hereunder is pursuant to Treasury Regulation
section 1.409A-3(g) and shall be treated accordingly. 
 5. (a) The Parties acknowledge and agree that (i) all of his outstanding
options to purchase shares of Violin common stock (the “Outstanding Options”) are as set forth in the table below; (ii) all of the Outstanding Options are currently vested and exercisable; (iii) all of the Outstanding Options
expire in accordance with the terms of the stock option grants, dated November 12, 2010 and August 5, 2011, as modified by his Employment Agreement, i.e., at the close of the New York Stock Exchange on August 4, 2021 with respect to
the August 5, 2011 grant and November 12, 2020 with respect to the November 12, 2010 grant; (iv) the Outstanding Options are otherwise subject in all respects to the Violin Memory, Inc. 2005 Stock Plan and the stock option
agreement pursuant to which they were granted; and (v) as of the Effective Date, Basile will not possess, nor will Basile be entitled to, any stock options for equity of Violin other than the Outstanding Options. 

 

					
	 Number of Outstanding

Options
	 	 Grant Date
	 	 Exercise Price

	 514,116
	 	November 12, 2010	 	$0.14
	 910,369
	 	August 5, 2011	 	$1.42

  
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 (b) After the Effective Date, as a consequence of this Agreement, Basile shall not be entitled to
receive any other shares, options, grants, or other awards from Violin, and shall have no rights with respect to any equity awards from Violin, other than the shares of unrestricted common stock described in Section 1(a), the Vested RSUs and
Accelerated RSUs, as specified above in Section 4, and the Outstanding Options, as specified in this section. Nothing in this Agreement, however, shall be construed to release or waive Basile’s rights to the Vested RSUs, Accelerated RSUs,
or Outstanding Options. 
 6. Basile agrees and acknowledges that the payments and benefits provided to him by Violin pursuant to this
Agreement are adequate consideration for the release and other promises herein and that he is entitled to no other payment, benefit or other thing of value under any policy, plan or procedure of Violin or under any prior agreement or contract
(whether written or oral) between Basile and Violin or its affiliates or their employees or under the Employment Agreement, except that this Agreement is not meant to limit Basile’s right to recover for any alleged breaches of this Agreement
and Release, or Basile’s right to indemnity for any action, suit or proceeding under his Employment Agreement, his Indemnification Agreement, Violin’s by-laws, or applicable law or Basile’s rights in his capacity as a stockholder of
Violin. 
 7. Subject to Section 6 of this Agreement, for and in consideration of the payments to be made and for other valuable
consideration to be provided to Basile pursuant to this Agreement, Basile for himself, his family members, his heirs, executors, administrators, trustees, legal representatives, successors and assigns (hereinafter, collectively referred to as

  
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“Basile Releasors”), hereby forever releases and discharges Violin and any of its past, present or future parent entities, partners, subsidiaries, affiliates, divisions, business
units, employee benefit and/or pension plans or funds, successors and assigns or each and all of its or their past and present or future directors, officers, attorneys, agents, trustees, administrators, employees, insurers, reinsurers, successors,
or assigns (whether acting as agents for Violin or in their individual capacities) (hereinafter collectively referred to as “Violin Releasees”), from any and all claims arising out of the Employment Agreement through the Effective Date,
whether known or unknown. In giving the release, which includes claims which may be unknown at present, Basile acknowledges and agrees that he has read and understands Section 1542 of the California Civil Code which reads as follows: “A
general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor.” Basile
hereby expressly waives and relinquishes all rights and benefits under that section and any law of any jurisdiction of similar effect with respect to the release of any unknown or unsuspected claims Basile may have against Violin arising out of his
Employment Agreement.  
 8. Basile agrees that he will voluntarily, upon reasonable notice, provide information and/or assistance to
Violin or the Violin Releasees and make himself reasonably available to Violin or the Violin Releasees at reasonable times and on a reasonable basis in connection with internal company investigations, investigations commenced by any governmental
authority or agency, and/or the defense of any pending or future claims asserted by or against Violin or the Violin Releasees as to which he may have relevant information; this includes, but is not limited to, furnishing relevant information and
documents to Violin or the Violin Releasees, participating in interviews, and providing testimony at depositions and at trial. 

  
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Such cooperation will not unreasonably interfere with Basile’s occupation or professional endeavors. Violin will reimburse Basile for his cooperation to the extent provided by Section 6
of the Indemnification Agreement. 
 9. Basile and Violin each represents and warrants that as of the date he or it executes this Agreement
and Release neither he, nor anyone acting on his behalf, on the one hand, and neither it, nor anyone acting on its behalf, on the other hand, has made or filed, commenced, maintained, prosecuted or participated in any action, suit, charge,
grievance, complaint or proceeding of any kind against Violin or any other Violin Releasee, on the one hand, or against Basile or any other Basile Releasor, on the other hand, with any federal, state or local court, agency or investigative body. To
the maximum extent permitted by law, Basile and Violin agree not to do so in the future for any claim or right waived in this Agreement and Release. Nothing herein shall be deemed to interfere with Basile’s or Violin’s right to file a
complaint or charge with a governmental agency or to provide truthful information to governmental authorities or in response to a subpoena or other legal process. Basile and Violin acknowledge and agree, however, that by virtue of this Agreement and
Release, he and it have waived all relief available to Basile Releasors and Violin Releasees, respectively (including without limitation, monetary damages, attorney’s fees, equitable relief and reinstatement) under any of the claims and/or
causes of action waived in Section 7, above. Basile and Violin therefore agree, to the maximum extent permitted by law, that neither he nor it will seek or accept any award or settlement from any source or proceeding with respect to any claim
or right waived or released in this Agreement. 
 10. The making of this Agreement and Release is not intended to be, and shall not be
construed as, an admission that any of the Parties hereto violated any federal, state or local law (statutory or decisional), ordinance or regulation, or committed any wrong whatsoever. 

  
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 11. The Parties acknowledge and agree that Violin has no obligation to rehire Basile for
employment or to retain him as an independent contractor, and that Violin may reject such request or application for any reason. Such rejection is not and will not be considered by Basile to be retaliatory or grounds for any claim of wrongful
discharge or failure to hire under federal or state law. 
 12. Basile agrees that, following the Effective Date, with respect to only the
next election of Directors, he shall vote any shares of Violin that he holds in accordance with the recommendations of Violin’s Board of Directors. 

13. Basile agrees that he (or anyone acting on his behalf) will not make any disparaging comments or statements about Violin or any of its
parents, subsidiaries or affiliated entities, and any of their respective products, services, officers, directors or attorneys to any third party, including but not limited to the press, to present or former employees of Violin (or any of its
parents, subsidiaries or affiliates), to any individual or entity with whom or which Violin or any of its parents, subsidiaries or affiliates has a business relationship, which could affect adversely the conduct of Violin’s business, its
reputation, or the business or reputation of any of the Violin’s parents, subsidiaries, affiliates, officers, directors or attorneys. Violin agrees it (or anyone acting on its behalf) including without limitation its officers and directors
(while employed or engaged by Violin) shall not make any disparaging comments or statements about Basile or his performance as an employee or director of Violin to any third party, including but not limited to the press or any of Basile’s
prospective or subsequent employers. Notwithstanding anything to the contrary herein, nothing in this Section is intended to prohibit either Basile or 

  
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Violin’s officers or directors from (i) testifying truthfully in response to a lawfully issued subpoena or court order, or while under oath in deposition or at trial;
(ii) providing truthful information to a governmental agency in response to formal process served in connection with a governmental investigation; (iii) making truthful statements in furtherance of enforcing the terms of this Agreement.

 14. The provisions of this Agreement will be held in strictest confidence by Basile and Violin and will not be publicized or disclosed in
any manner whatsoever; provided, however, that: (a) Basile may disclose this Agreement in confidence to his immediate family; (b) the Parties may disclose this Agreement in confidence to their respective attorneys, accountants,
auditors, tax preparers, and financial advisors; (c) Violin may disclose this Agreement as necessary to fulfill standard or legally required corporate reporting or disclosure requirements; and (d) the Parties may disclose this Agreement
insofar as such disclosure may be necessary to enforce its terms or as otherwise required by law. Notwithstanding the foregoing, Basile and Violin agree that in the event that he or it is served with a subpoena or other legal process purporting to
require disclosure (in a deposition, court proceeding, arbitration, agency proceeding or otherwise) that in any way relates to this Agreement, the claims released herein, and/or in the case of Basile, his employment at Violin, he or it will give
prompt written notice, by fax or overnight mail, to Gary Lloyd, General Counsel, Violin, at Violin’s principal office on behalf of Violin and Aidan Synnott, Paul, Weiss, Rifkind Wharton & Garrison LLP, 1285 Avenue of the Americas, New
York, NY 10019 on behalf of Basile. Unless otherwise required by law or court order, the Party giving notice will not make any disclosure pursuant to subpoena or other legal process covered under this section until the other party has had a
reasonable opportunity to contest the right of the requesting person or entity to such disclosure. 

  
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Additionally, the Party giving notice agrees not to object to the presence of a representative of the other Party at any deposition or in any other forum that is not open to the public, and will
use his or its best efforts to obtain approval from others to enable the other Party’s presence of if and to the extent approval is required. 

15. If any provision of this Agreement shall be held to be illegal, void or unenforceable by a court of competent jurisdiction, such provision
shall be of no force and effect, the Parties shall renegotiate the invalidated provision in good faith to accomplish its objective to the maximum extent permitted by law, and the remainder of this Agreement shall continue in full force and effect.

 16. To the extent consistent with applicable law, the Parties agree that this Agreement may be used as evidence only in a subsequent
proceeding in which any of the Parties alleges a breach of this Agreement or in which Violin is relying upon this Agreement in support of an affirmative defense. 

17. Basile and Violin agree that no fact, evidence, event or transaction currently unknown to him or it but that may hereafter become known to
him or it shall affect in any manner the final and unconditional nature of the releases stated above. 
 18. Each of Basile and Violin
represents and warrants that he or it has not assigned to any person or entity any claims released hereunder that he or it had, has or may have against Violin or Basile, including, but not limited to, all claims, demands, causes of action, fees and
liabilities for damages of any kind or damages for injury of any kind that were or could have been raised by Basile or Violin as of the date he or it executes this Agreement. 

19. Each Party represents and warrants that he or it has not relied on any representations made by another Party in connection with entering
into this Agreement and Release other than those explicitly stated herein. 

  
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 20. The waiver by any Party of a breach of any provision hereof shall not operate or be construed
as a waiver of any other breach by any other Party. 
 21. This Agreement constitutes the complete understanding between the Parties, may
not be changed orally and supersedes any and all prior agreements between the Parties. No other agreement relating to the subject of this Agreement shall be binding unless in writing and signed by the Parties after the execution of this Agreement.

 22. This Agreement is binding upon, and shall inure to the benefit of, the Parties and their respective heirs, executors, administrators,
successors and assigns. 
 23. This Agreement may be executed in several counterparts, each of which shall be deemed an original. 

24. Should any provision of this Agreement require interpretation or construction, it is agreed by the Parties that, since both Parties have
participated in the drafting of this Agreement, the entity interpreting or constructing this Agreement shall not apply a presumption against one party by reason of the rule of construction that a document is to be construed more strictly against the
party who prepared the document. 
 25. All payments hereunder are subject to all applicable tax and other legally-required withholdings.

 26. This Agreement shall be governed by and construed and enforced in accordance with the laws of the State of California applicable to
agreements made and to be performed entirely in California, without respect to choice of law principles. Any action to enforce the terms of this Agreement shall be brought in the Superior Court of California, County of Santa Clara or the United
States District Court for the Northern District of California. 

  
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 27. This Agreement shall not become effective until the date that Violin or its attorneys
receives a signed copy of this Agreement, executed by Basile (the “Effective Date”). 
 WHEREFORE, the Parties hereto have caused
this Agreement to be executed by their respective signatures below. 
  

							
	             /s/ Don Basile
	 		 	Date: April 12, 2014
	DR. DONALD G. BASILE	 		 		 	

  

							
	             /s/ Gary Lloyd
	 		 	Date: April 11, 2014
	VIOLIN MEMORY, INC.	 		 		 	

  
 13EX-10.20

 Exhibit 10.20 

Separation Agreement 
 This
Separation Agreement (“Agreement”) is made by and between Dixon R. Doll, Jr., an individual (the “Employee”) and Violin Memory, Inc. (the “Company”), and effective seven calendar days after the date this Agreement is
signed by the Employee (“Effective Date”). The Employee must sign and return this Agreement within twenty-one (21) days of his receipt of this Agreement (but not before the Separation Date (defined below)), and not revoke the
Agreement to be eligible for the severance benefits described below. 
 Recital 

The Employee has resigned from his employment with the Company effective January 2, 2014 (“Separation Date”). In accordance with
Employee’s Employment Agreement, dated July 6, 2009 (the “Employment Agreement”), the Company desires to provide the Employee with severance pay and benefits in exchange for this Release (as defined below). 

The Employee acknowledges that, as of the date Employee signs this Agreement, Employee has received payment of all wages due, which included
payment of accrued, but unused PTO of 10.25 days. The Employee represents that, upon receipt of the payments set forth in paragraph 1 (which shall include payment of accrued, but unused, PTO of 10.25 days), he has been paid all amounts he was owed
as salary, bonuses, commissions or other wages. Employee acknowledges that he has received reimbursement of all reimbursable business expenses, which includes his last request for reimbursement in the amount of $824.49. 

Agreement 
 Based upon the information
stated in the above Recital and the statements, promises and agreements contained below, the parties hereby agree as follows: 
  

	 	1.	Subject to Employee’s continued employment through the Separation Date, the Company will agree to pay the following severance payments to Employee: 

 

	 	a.	The Company agrees to pay Employee a severance amount of three hundred thousand dollars ($300,000.00), which is equal to twelve months of Employee’s base pay (“Severance Amount”). The Severance Amount
will be paid over a 12 month period in 24 equal installments of $12,500, less standard withholding, on the Company’s regularly scheduled pay days, beginning the first pay day following the Effective Date of this Agreement but in no event later
than 60 days after the Separation Date, with the first payment to include installments retroactive to the Separation Date. 

  

	 	b.	The Company agrees to pay Employee a one-time lump sum payment within 10 days after the Effective Date equal to $115,479, less applicable withholding, which is equal to the pro rata portion of the target annual bonus
for Fiscal 2014, less the portion of the annual bonus already paid. 

  
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	 	c.	If and to the extent that the Employee elects to continue health insurance coverage under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”), then for the twelve month period from February 2014
through January 2015 (“COBRA Payment Period”), the Company will reimburse the Employee for the premiums paid by the Employee for health insurance for the Employee and his dependents. Following the Effective Date, such reimbursement
shall be paid on the date premium payments are due, with the reimbursement payment for any premium(s) paid by Employee during the COBRA Payment Period prior to the Effective Date, payable within 10 days following the Effective Date. The Employee is
solely responsible for filing any necessary paperwork for COBRA coverage and payment of all premiums and will provide the Company with documentation demonstrating the amount of the monthly premium to be paid and the date such premiums are to be
paid.

  

	 	2.	The Parties agree that Employee holds the following equity awards, including options to purchase shares of the Company’s Common Stock (each, an “Option” and collectively, the “Options”) and
restricted stock units (each, an “RSU” and collectively, the “RSUs”): 

  

																							
	 Date of
Grant
	  	Type of
Award	  	Number of
Shares
Granted	 	  	Exercise
Price Per
Share	 	  	Number of
Shares Vested
as of January 2,
2014	 	  	Number of
Shares
Unvested as of
January 2,
2014	 	  	Number of
Shares to be
Accelerated	 
	 1/28/2011
	  	ISO	  	 	75,000	  	  	$	0.14	  	  	 	75,000	  	  	 	0	  	  	 	0	  
	 1/28/2011
	  	ISO	  	 	325,000	  	  	$	0.14	  	  	 	306,944	  	  	 	18,056	  	  	 	18,056	  
	 9/6/2011
	  	NSO	  	 	48,181	  	  	$	1.42	  	  	 	48,181	  	  	 	0	  	  	 	0	  
	 9/6/2011
	  	NSO	  	 	109,566	  	  	$	1.42	  	  	 	92,488	  	  	 	17,078	  	  	 	17,078	  
	 9/6/2011
	  	ISO	  	 	1,819	  	  	$	1.42	  	  	 	1,819	  	  	 	0	  	  	 	0	  
	 9/6/2011
	  	ISO	  	 	240,434	  	  	$	1.42	  	  	 	170,011	  	  	 	70,423	  	  	 	70,423	  
	 11/15/2012
	  	RSU	  	 	600,000	  	  	 	0	  	  	 	150,000	  	  	 	450,000	  	  	 	300,000	  
	 9/3/2013
	  	RSU	  	 	150,000	  	  	 	0	  	  	 	0	  	  	 	150,000	  	  	 	75,000	  

 a. Except as provided in subparagraph (b) below, all of the Options and RSUs that are unvested as of the
Separation Date shall terminate on the Separation Date. 
 b. Notwithstanding subparagraph (a) above, the number of shares set forth
under the column entitled “Number of Shares to be Accelerated” in the table contained in subparagraph (a) above with respect to such applicable Option or RSU shall immediately vest as of the Separation Date subject to Employee’s
continued employment through the Separation Date and compliance with the provisions of this Agreement. 

  
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 c. Notwithstanding the provisions of the applicable RSU agreements, the settlement date for the
RSUs that become accelerated pursuant to this Agreement shall be on a date during the period starting on the first trading day following the expiration of the underwriter’s lock-up agreement applicable to the shares of Company Common Stock and
ending on April 30, 2014. For the 150,000 RSUs that are vested prior to the Separation Date, the settlement date shall be no later than March 15, 2014. Employee agrees to pay the Company cash in the amount of tax owed at settlement on such
applicable settlement date. 
 d. Following the Separation Date, the Options which are vested, or which vest pursuant to this Agreement, will
remain exercisable in accordance with their terms after termination of service, for the period of time specified in the applicable stock option plan and agreement for exercisability following termination of service; provided, however, that the
Options will in no event remain exercisable beyond their applicable expiration dates and will be subject to earlier termination in accordance with the terms of the applicable stock option plan and agreement. 

Except as set forth in this Agreement, the stock option agreements governing the Options and the restricted stock unit agreements governing the
RSUs will remain in full force and effect, and Employee agrees to remain bound by those agreements. 
  

	 	3.	In exchange for the severance benefits set forth in paragraphs 1 and 2 above, the Employee releases and forever discharges the Company and each of its employees, officers, directors, shareholders, agents, predecessors
and successors in interest, parents, subsidiaries, attorneys, and assigns (“Company-Affiliates”), from any and all claims, demands, obligations and/or liabilities which arise out of or relate to any action by the Company or the
Company-Affiliates or omission to act by the Company or the Company-Affiliates occurring on or before the date this Agreement is signed by the Employee (the “Release”). 

 

	 	4.	There are certain claims which, under state or federal statutes or regulations, may not be released or may not be released except with the participation and approval of a state or federal agency. The Release is not
intended to cover and does not extend to these claims or other claims that, by law, cannot be released in an agreement between an employer and an employee. 

  

	 	5.	 To the extent permitted by law, the Release includes, but is not limited to, release of any and all claims arising out of the Employee’s
employment with the Company or Company-Affiliates and the termination of that employment. This includes a release of any rights or claims the Employee may have under the Age Discrimination in Employment in Employment Act, 29 U.S.C. §§621,
et seq., (as amended by the Older Workers’ Benefit Protection Act, 29 U.S.C. §626(f)) which prohibits age discrimination in employment, Title VII of the Civil Rights Act of 1964, 42 U.S.C. §§2000, et
seq., which prohibits discrimination in employment 

  
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based on race, color, national origin, religion, or sex, the Equal Pay Act, which prohibits paying men and women unequal pay for equal work, the Americans with Disabilities Act (42 U.S.C.
§§12101, et seq.), which prohibits discrimination against the disabled, the Employee Retirement Income Security Act (“ERISA”), 29 U.S.C. §§1001, et seq., the Family Medical Leave Act (29 USC §2601, et seq) which
provides job security to employees due to certain absences from work, the Fair Labor Standards Act, 29 U.S.C. §§201 et seq., (as amended), the California Fair Employment and Housing Act (“FEHA”), Government Code
§§12940, et seq., the California Labor Code, the California Private Attorney General Act, or any other federal, state or local laws or regulations relating to terms and conditions of employment. The Release also includes any claims for
unpaid wages, wrongful discharge, breach of contract, fraud, misrepresentation, intentional and negligent infliction of emotional distress, harassment, defamation and any claims that the Company or any Company-Affiliate has dealt with the Employee
unfairly, unlawfully or in bad faith. 
  

	 	6.	To the maximum extent permitted by law, the Release extends to all claims of every nature and kind whatsoever, whether known or unknown, suspected or unsuspected. The Employee expressly waives the provisions of
Section 1542 of the Civil Code which provides: 

 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. 

 

	 	7.	The Release does not waive any rights or claims that the Employee might have arising after the date the Employee signs this Agreement. 

 

	 	8.	Employee hereby agrees to resign as an employee and officer of the Company and any subsidiaries thereof effective as of the Separation Date. Employee further agrees to resign as a member of the Company’s Board of
Directors effective as of the Separation Date. 

  

	 	9.	The Employee promises and states that the Employee has not given or sold any claim discussed in this Agreement to anyone and that the Employee has not filed a lawsuit, claim, or charge with any court or government
agency asserting any claims that are released by the Release. Without limiting the generality of the foregoing, the Employee agrees that the Employee will not bring or participate in any class action or collective action against the Company which
asserts, in whole or in part, any claim(s) which arose prior to the date this Agreement is signed by the Employee, whether or not such claims are covered by the Release. 

 

	 	10.	 The Employee promises and states that he has returned to the Company all property belonging to the Company or authored by the Company (other than the

  
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Employee’s personal copies of his employment, payroll and benefits records), including, but not limited to, keys and passes, credit cards, computer hardware and software, papers, manuals,
records, drawings, and documents. 
  

	 	11.	The Employee promises and agrees that he will not, except upon written authorization from the Company or as required by law, disclose any confidential or proprietary information belonging to or concerning the Company,
and/or Company-Affiliates, vendors, or customers, including, without limitation, financial data, business and marketing plans, budgets, personnel information, product designs and specifications, research and development plans and budgets, technical
drawings and specifications, manufacturing methods, technical know-how or other trade secrets. With the exception of the post-employment covenant not to compete in paragraph 4, the Employee acknowledges and
reaffirms the Proprietary Information and Inventions Agreement (“PIIA”) executed upon commencement of his employment, a copy of which is attached to this Agreement. Employee understands and agrees that, with the exception of the
post-employment covenant not to compete in paragraph 4 of the PIIA, Employee continues to owe certain obligations to the Company after his separation from the Company’s employment. For the avoidance of doubt, Employee agrees to continue to
abide by his obligation not to solicit Company employees for a period of one year from the Separation Date. 

  

	 	12.	Until such time as this Agreement is publicly disclosed by the Company in accordance with applicable SEC rules and regulations, the Employee promises to hold the provisions of this Agreement in strictest confidence. The
Employee may disclose this Agreement, in confidence, to his immediate family, to his attorneys, accountants, auditors, tax preparers and financial advisors, and as may be necessary to enforce its terms or as otherwise required by law. Otherwise, the
Employee agrees not to publicize or disclose its terms to anyone, in any manner. In particular (but without limitation), the Employee agrees not to discuss the terms of this Agreement with former or current employees, clients, suppliers,
subcontractors or other business contacts of the Company. 

  

	 	13.	Employee agrees not to act in any manner that might damage the business of the Company. Employee agrees not to counsel or assist any attorneys or their clients in the presentation or prosecution of any disputes,
differences, grievances, claims, charges, or complaints by any third party against the Company and/or any officer, director, employee, agent, representative, shareholder or attorney of the Company, unless under a subpoena or other court order to do
so. 

  

	 	14.	 This Agreement recognizes the rights and responsibilities of the Equal Employment Opportunity Commission (“EEOC”) and the California
Department of Fair Employment and Housing (“DFEH”) to enforce the statutes which come under their jurisdiction. This Agreement is not intended to prevent Employee from initiating or participating in any investigation or proceeding
conducted by the EEOC or the DFEH; provided, however, that nothing in this section limits or 

  
 5 

 
affects the finality or the scope of the Release. The Employee has waived and released any claim the Employee may have for damages based on any alleged discrimination and may not recover damages
in any proceeding conducted by the EEOC or the DFEH. 
  

	 	15.	Indemnification: Entering into this Agreement shall not in any way limit or affect the rights and obligations of the Employee or the Company with respect to indemnification and coverage under the Company’s policy
of commercial general liability and directors and officers liability insurance pursuant to Section 14 (“Indemnification”) of the Employment Agreement, Section 7.6 (“Indemnification”) of the Company’s Bylaws,
Delaware law, or any source whatsoever. To the extent that Employee has reasonably determined that there may be a conflict of interest between Employee and the Company in the defense of a proceeding, Employee shall have the right to obtain
independent counsel in connection with that proceeding. 

  

	 	16.	Employee agrees to refrain from any disparagement, defamation, libel or slander of the Company or Company-affiliates or tortious interference with the contracts and relationships of the Company. The Company, on behalf
of its current Board of Directors (with the exception of Don Basile) and current executive officers, agrees to refrain from any disparagement, defamation, libel or slander of Employee or tortious interference with the contracts and relationships of
Employee. 

  

	 	17.	This Agreement is to be governed by California law. 

  

	 	18.	Payments and benefits provided under this Agreement are taxable under the laws of the United States and the State of California and will be subject to all required withholdings and court ordered wage assignments and/or
garnishments. 

  

	 	19.	If any portion of this Agreement is found to be unenforceable, then both the Employee and the Company desire that all other portions that can be separated from it or appropriately limited in scope shall remain fully
valid and enforceable. 

  

	 	20.	 Except as prohibited by law, any legal dispute between the Employee the Company (or between the Employee and any Company-Affiliates, each of whom is
hereby designated a third party beneficiary of this agreement regarding arbitration) arising out of the Employee’s employment or termination of employment or this Agreement (a “Dispute”) will be resolved through binding arbitration in
Santa Clara County, California under the Arbitration Rules set forth in California Code of Civil Procedure Section 1280 et seq., and pursuant to California law. Nothing in this arbitration provision is intended to prevent the
Employee from filing charges with state or federal agencies. THE PARTIES UNDERSTAND THAT BY AGREEING TO ARBITRATE DISPUTES THEY ARE WAIVING ANY RIGHT THEY MIGHT OTHERWISE HAVE TO A JURY TRIAL. This arbitration provision is not intended to modify or
limit 

  
 6 

 
substantive rights or the remedies available to the parties, including the right to seek interim relief, such as injunction or attachment, through judicial process, which shall not be deemed a
waiver of the right to demand and obtain arbitration. 
  

	 	21.	This Agreement is intended by the parties to be their final agreement. The statements, promises and agreements in this Agreement may not be contradicted by any prior understandings, agreements, promises or statements.
The Employee states and promises that in signing this Agreement he has not relied on any statements or promises made by the Company, other than the promises contained in this Agreement. Any changes to this Agreement must be in writing and signed by
both parties. 

  

	 	22.	If Employee breaches his agreements hereunder, the Company may stop providing the severance benefits described in Paragraph 1 and 2 the Employee will return to the Company all severance payments which have been made up
to that date, except as provided by law. All of the other terms of this Agreement will remain in full force and effect. 

  

	 	23.	If either party files any arbitration, lawsuit, claim, or charge based on, or in any way related to, the Employee’s employment with the Company, any claim that the Employee has released in the Release or the
promises and agreements contained in this Agreement, the party that wins the lawsuit or arbitration or prevails on the claim or charge will be entitled to recover from the other party all costs it incurs in connection with the dispute, including
reasonable attorneys’ fees. 

  

	 	24.	Paragraphs 22 and 23 shall not apply if the Employee asserts a claim under the Age Discrimination in Employment in Employment Act, 29 U.S.C. §§621, et seq., (as amended by the Older Workers’
Benefit Protection Act, 29 U.S.C. §626(f)), even though such claim is barred by the Release given by the Employee in this Agreement. This Paragraph does not limit the completeness or finality of Release. It only limits the Company’s
remedies in the event that the employee asserts certain claims barred by the Release. 

  

	 	25.	In accordance with the Employment Agreement, the Company shall reimburse Employee for attorneys’ fees incurred in connection with the review and negotiation of this Agreement, up to a maximum of six-thousand
dollars ($6,000.00). 

  

	 	26.	In signing this Agreement, the Employee intends to bind himself and his heirs, administrators, executors, personal representatives and assigns. 

 

	 	27.	The Employee is advised to consult with an attorney before signing this Agreement. The Employee understands that the choice of whether or not to sign this Agreement is the Employee’s decision. The
Employee acknowledges that the Employee has been given at least twenty-one (21) days to consider this Agreement before signing it. 

  
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	 	28.	The Employee may revoke this Agreement within seven (7) days of signing it. Revocation can be made by sending a written notice of revocation to the Company. For such revocation to be effective, notice must
be received no later than 5:00 p.m. on the seventh calendar day after the Employee signs this Agreement. If the Employee revokes this Agreement, it shall not become effective or enforceable and the Employee will not receive the severance
package described in this Agreement. 

 In order to bind the parties to this Agreement, the parties, or their duly authorized representatives
have signed their names below. 
  

							
	Violin Memory, Inc.	 		 		 	Dixon R. Doll, Jr.
				
	By /s/ Howard Bain III	 		 		 	/s/ Dixon R. Doll Jr.
				
		 		 		 	January 2, 2014
		 		 		 	Date Signed By Employee

  
 8

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