Document:

Form of Stock Option Agreement

 EXHIBIT 10.4 
  
 NETLOGIC MICROSYSTEMS, INC. 
 STOCK OPTION AGREEMENT 
  
 NETLOGIC MICROSYSTEMS, INC., a Delaware corporation (the “Company”), has awarded and hereby grants «Name» (the
“Optionee”) an option (this “Option”) to purchase a total of «Share1» («Share2») shares (the “Shares”) of common stock of the Company, par value $.01 per
share (“Common Stock”), at the exercise price set forth herein, as an incentive to Optionee’s continued employment or other association with the Company, and in all respects subject to such continued employment or other
association and all other terms and conditions of this Agreement. 
  
 1. Nature of this Option. This Option is intended to be an [Incentive/Nonstatutory] Option within the meaning of Section [2.16/2.18] of the Company’s 2004 Equity Incentive Plan (the “Plan”)[, but not all
Options are required to be Incentive Options]. All capitalized terms used herein and not otherwise defined shall have the meanings ascribed thereto in the Plan, which provisions are incorporated into this Agreement by this reference. 
  
 2. Option Price. The “Option Price” is
$«Price» for each Share. 
  
 3. Vesting and
Exercise of Option. This Option shall vest and become exercisable during its term in accordance with the following provisions: 
  
 (a) Vesting and Right of Exercise. 
  
 (i) An Option shall vest and become exercisable with respect to one-fourth of the Shares at the first anniversary of the Vesting
Commencement Date and as to one thirty-sixth of the remaining Shares subject to this Option at the end of each successive month thereafter until all of the shares subject to this Option have vested, subject to the Optionee’s Continuous
Employment. 
  
 (ii) In the event of the
Optionee’s death, disability or other termination of employment, this Option shall be exercisable in the manner and to the extent provided in Section 6.3 of the Plan. 
  
 (iii) No fraction of a Share shall be purchasable or deliverable upon exercise, but in the event any
adjustment hereunder of the number of Shares covered by this Option shall cause such number to include a fraction of a Share, such number of Shares shall be adjusted to the nearest smaller whole number of Shares. 
  
 (b) Method of Exercise. In order to exercise any portion of this
Option which has vested, the Optionee shall notify the Company in writing of the election to exercise this Option and the number of Shares in respect of which this Option is being exercised, by executing and delivering the Notice of Exercise of
Stock Option in the form attached hereto as Appendix I. The certificate or certificates representing Shares as to which this Option has been exercised shall be registered in the name of the Optionee. 
  
 (c) Restrictions on Exercise. This Option may only be exercised with
respect any portion hereof which has vested in accordance with subsection (a) above. This Option may not be exercised if the issuance of the Shares upon such exercise or the method of payment of consideration for such Shares would constitute a
violation of any applicable federal or state securities law or other law or regulation. Furthermore, the method and manner of payment of the Option Price will be subject to the rules under 

 Part 221 of Title 12 of the Code of Federal Regulations as promulgated by the Federal Reserve Board if such rules apply
to the Company at the date of exercise. As a condition to the exercise of this Option, the Company may require the Optionee to make any representation or warranty to the Company at the time of exercise of this Option as in the opinion of legal
counsel for the Company may be required by any applicable law or regulation, including the execution and delivery of an appropriate representation statement. Accordingly, the stock certificate(s) for the Shares issued upon exercise of this Option
may bear appropriate legends restricting transfer. 
  
 4.
Non-Transferability of Option. This Option may be exercised during the lifetime of the Optionee only by the Optionee and may not be transferred in any manner other than by will or by the laws of descent and distribution. The terms of this Option
shall be binding upon the executors, administrators, heirs and successors of the Optionee. 
  
 5. Method of Payment. Payment of the aggregate Option Price shall be by any of the following, or a combination thereof, at the election of the Optionee: 
  
 (a) cash; 
  
 (b) certified or bank cashier’s check; or 
  
 (c) for as long as there exists a public market for the Common Stock on the date of exercise, by surrender of shares of the
Common Stock in accordance with Section 7.1(e) of the Plan, provided that if such shares were acquired upon exercise of an Incentive Option, the Optionee must have first satisfied the holding period requirements under Section 422(a)(1) of the Code.
In this case payment shall be made as follows: 
  
 (i) In addition to the execution and delivery of the Notice of Exercise of Stock Option, Optionee shall deliver to the Secretary of the Company a written notice which shall set forth the portion of the purchase price the Optionee wishes to
pay with Common Stock and the number of shares of such Common Stock the Optionee intends to surrender pursuant to the exercise of this Option, which shall be determined by dividing the aforementioned portion of the purchase price by the Market Value
of the Common Stock for the day on which the notice of exercise is sent or delivered; 
  
 (ii) Fractional shares shall be disregarded and the Optionee shall pay in cash an amount equal to such fraction multiplied by the price
determined under subparagraph (i) above; 
  
 (iii) The written notice shall be accompanied by a duly endorsed blank stock power with respect to the number of Shares set forth in the notice, and the certificate(s) representing said Shares shall be delivered to the Company at its
principal offices within two business days from the date of the notice of exercise; 
  
 (iv) The Optionee hereby authorizes and directs the Secretary of the Company to transfer so many of the Shares represented by such
certificate(s) as are necessary to pay the purchase price in accordance with the provisions herein; and 
  
 (v) Notwithstanding any other provision herein, the Optionee shall only be permitted to pay the purchase price with Shares of the
Company’s Common Stock owned by him as of the exercise date in the manner and within the time periods allowed under 17 CFR §240.16b-3 promulgated under the Securities Exchange Act of 1934 as such regulation is presently constituted, as it
is amended from time to time, and as it is interpreted now or hereafter by the Securities and Exchange Commission. 
  

 -2- 

 In accordance with Section 7.1(e) of the Plan, the Optionee may elect to pay the exercise price by
authorizing a third party to sell Shares subject to this Option and remit to the Company a sufficient portion of the sale proceeds to pay the entire exercise price and any tax withholding resulting from such exercise. 
  
 6. Adjustments Upon Changes in Capitalization or Merger. The number of
Shares covered by this Option shall be adjusted only in accordance with the provisions of Section 10 of this Agreement in the event of changes in the capitalization or organization of the Company, or if the Company is a party to a merger or other
corporate reorganization. 
  
 7. Term of Option. This
Option may not be exercised more than ten (10) years from the Grant Date set forth in the signature page of this Agreement, and may be exercised during such term only in accordance with the terms of this Agreement. 
  
 8. Not Employment Contract. Nothing in this Agreement shall confer
upon the Optionee any right to continue in the employ of the Company or shall interfere with or restrict in any way the rights of the Company, which are hereby expressly reserved, to discharge the Optionee at any time for any reason whatsoever, with
or without cause, subject to the provisions of applicable law. 
  
 9. Income Tax Withholding. 
  
 (a) The Optionee
authorizes the Company to withhold in accordance with applicable law from any compensation payable to him or her any taxes required to be withheld by federal, state or local laws as a result of the exercise of this Option. 
  
 (b) Any adverse consequences incurred by an Optionee with respect to the use
of shares of Common Stock to pay any part of the Option Price or of any tax in connection with the exercise of an Option, including, without limitation, any adverse tax consequences arising as a result of a disqualifying disposition within the
meaning of Section 422 of the Code shall be the sole responsibility of the Optionee. 
  
 10. Adjustments upon Changes in Capitalization. The number of Shares covered by this Option, and the per share exercise price of this Option, shall be proportionately adjusted for certain corporate actions in
accordance with and pursuant to Section 8.1 of the Plan. Such adjustments shall be made by the Committee, whose determination in that respect shall be final, binding and conclusive. Except as expressly provided herein, no issue by the Company of
shares of stock of any class, or securities convertible into shares of stock of any class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or Option Price of Shares of Common Stock subject to this Option.

  

 -3- 

 THIS OPTION AGREEMENT is binding upon the parties and entered into effective as of the Grant Date set
forth below. 
  

			
	NETLOGIC MICROSYSTEMS, INC.
		
	 By:
	 	  

	 Name:
	 	 
	 Title:
	 	 

  
 Grant Date:
                         , 20         
  

 -4- 

 CONSENT OF SPOUSE 
  
 I,
                                , spouse of the Optionee who executed the
foregoing Option Agreement, hereby agree that my spouse’s interest in the shares of Common Stock subject to said Option Agreement shall be irrevocably bound by the Option Agreement’s terms. I further agree that my community property
interest in such shares, if any, shall similarly be bound by said Option Agreement and that such consent is binding upon my executors, administrators, heirs and assigns. I agree to execute and deliver such documents as may be necessary to carry out
the intent of said Option Agreement and this consent. 
  
 Dated:                          , 20         
  

	
	  
  

	(signature)
	
	  

	(name)

  

 -5- 

 Appendix I 
  
 NETLOGIC MICROSYSTEMS, INC. 
  

NOTICE OF EXERCISE OF STOCK OPTION 
  
 I
                                        
(print legibly) hereby elect to exercise the following stock options(s) granted to me by NETLOGIC MICROSYSTEMS, INC. (the “Company”) under its 2004 Equity Incentive Plan (the “Plan”). All shares
being purchased are fully vested and exercisable pursuant to Section 3 of the listed Option Agreement. 
  
 1.              Shares at $
             per share (Grant date):                      ) 
  
 2.
             Shares at $              per share (Grant date):
                     ) 
  
 3.              Shares at $
             per share (Grant date):                      ) 
  
 4.
             Shares at $              per share (Grant date):
                     ) 
  
 Cash exercise in the amount of $              
  
 Shares purchased under the Plan should be issued to me as follows: 
  
 Name:
                                        
                 
  
 If you choose to include your spouse, you must designate below how you wish your shares to be registered by checking the appropriate box. If we receive no designation, the shares will be designated as Joint Tenants.

  
              Joint Tenants
                                 Community Property 
  
              Tenants in Common                       Tenancy
by Entirety 
  
 Verification by
                    Stock Administration 
  
 Certificate to be delivered to (complete item 1 or 2 below) 
  
 1. Employee             
                        Home Address:
                                        
           
 ________________________ 
  
 2. (Insert Name of Second Broker)
                                        
         
  
                                        
 Acct #:
                                        
     
  
 Contact Name & Number:
                                        
               
  
 Signature:                                 

  
 Date:
                             
  
 Social Security No.:
                             

 [For Company Use Only] 
  
 As of the date set forth above, the above named person has the vested right to exercise the number of shares set forth above. 
  

					
	Date:	 	  

	  	  

  
 Amount due Company: $
             
  
 NetLogic Microsystems, Inc. Stock Administration 
 1875 Charleston Road 
 Mountain View, California 94043 
 (650)
961-6676 
  

 -2-Separation Agreement and Release

 Exhibit 10.32 
  
 SEPARATION AGREEMENT AND RELEASE 
  
 This Agreement entered as of July 22, 2004 by and between Humphrey Hospitality Trust, Inc., a Virginia corporation (the
“Company”) and George R. Whittemore (“Whittemore”) 
  
 1. Employment Termination. As of August 15, 2004, (“Termination Date”) Whittemore shall cease to be an employee of the Company. 
  
 2. Compensation of Whittemore. Subject to Whittemore’s compliance with the terms and conditions of this
Agreement, the Company has agreed pay Whittemore $250,000, payable over twelve months on a semiweekly basis, in accordance with the normal payroll practices of the Company. 
  
 In addition, the Company shall provide Whittemore with the health, dental, life and disability benefits available to
Whittemore as an employee on the Termination Date for the period of twelve (12) months following the Termination Date. Whittemore shall pay for such benefits at the same rate as he pays on the Termination Date. 
  
 All payments hereunder shall be subject to any required tax withholding or
payments. 
  
 3. Consultant. During the twelve
months following the Termination Date (“Consulting Period”), Whittemore shall act as an advisor and consultant to the Company. During the Consulting Period, Whittemore shall hold himself available to perform such duties with respect to the
Company as may be reasonably assigned to him from time to time by the management of the Company. As part of his consulting, Whittemore will support the Company’s transition and will thoroughly assist with respect thereto. During such
consulting, Whittemore shall perform his duties in a prudent business-like manner and in the sole interest of the Company. During the Consulting Period, the Company will reimburse Whittemore any reasonable business expense he incurs that are
necessary for his consulting and that he properly documents to the Company. 
  

	 	4.	Additional Whittemore Obligations. Whittemore also agrees that he will: 

  

	 	(a)	Personally provide reasonable assistance and cooperation in providing or obtaining information for the Company, and its representatives, concerning any Company matter of which
Whittemore is knowledgeable. 

  

	 	(b)	Refrain from engaging in any conduct, making comments, disparaging remarks or statements, with the purpose or effect of which is to harm the reputation, goodwill, or commercial
interests of the Company, its management or leadership, or any of its affiliates. The Company also agrees to refrain from engaging in any conduct or making comments, or statements, the purpose and effect to which is to harm the reputation, goodwill
or interest of Whittemore. 

 5. Professional References. The Company confirms its ability to provide positive employment
references on Whittemore’s behalf at any time in the future, if requested by Whittemore. The Company agrees to, at all times, represent Whittemore’s contributions to the Company in an appropriate manner whereby Whittemore’s
professional reputation, credibility and personal dignity are preserved. 
  
 6. Release. In exchange for the benefits provided to Whittemore by the Company, and except for the Company’s obligations hereunder, Whittemore hereby releases the Company and each of its agents,
directors, officers, employees, representatives, attorneys, affiliates, and its and their predecessors, successors, heirs, executors, administrators and assigns, and all persons acting by, through, or under or in concert with any of them
(collectively “Releasees”), or any of them, of and from any and all claims of any nature whatsoever, in law or equity, which Whittemore ever had, now has, or may have had relating to Whittemore’s employment, or termination of
employment. This includes (i) all claims relating to salary, overtime, vacation, pay, incentive bonus plans and/or severance pay, stock options, and any and all other fringe benefits, for which Whittemore was eligible during employment and (ii) all
claims under any employment agreement, change-in-control agreement or other agreements between Whittemore and the Company and/or its subsidiaries or affiliates; (iii) and all claims Whittemore may have against the Company or its employees under
Title VII of the Civil Rights Act of 1962; the Employee Retirement Income Security Act of 1974; the Americans with Disabilities Act; the Age Discrimination in Employment Act; the Older Workers Benefit Protection Act; the Family and Medical Leave
Act; or any other federal, state or local law or regulation regarding your employment or termination of employment. 
  
 This release shall not preclude an action to enforce the specific terms of this Agreement; to any claims based on acts or events after this Agreement has
become effective; to any unemployment or workers compensation benefits to which Whittemore may have been entitled; nor to benefits in which Whittemore has become vested under the Employee Retirement Income Security Act. 
  
 7. Return of Company Property. Whittemore agrees to return to
the Company immediately upon termination of his consulting activities, all files, records, documents, reports, computers, cellular telephones and other business equipment, keys and other physical, personal or electronically stored property of the
Company in Whittemore’s possession or control and further agrees that Whittemore will not keep, transfer or use any copies or excerpts of the foregoing items without written approval of the Company. 
  
 8. Confidentiality Agreement. As an employee of the Company,
Whittemore agrees that the Company has developed and continues to develop and use commercially valuable confidential and/or proprietary technical and non-technical information which is vital to the success of the Company’s business, and
furthermore, that the Company utilizes confidential information, trade secrets and proprietary customer information in its business. For purposes of this Agreement, Whittemore acknowledges that “Confidential Information” means the
Company’s marketing plans, market positions, strategy, budgets, long-range plans, customer information, sales data, personnel information, privileged information, or other information used by or concerning the Company, which such information is
not publicly available, or has been treated as confidential. 

 Whittemore agrees that from this time forward, Whittemore will not, either directly or indirectly,
disclose or use for the benefit of any person, firm, corporation or other business organization or himself, any Confidential Information related to the Company or its affiliates. 
  
 Whittemore agrees that Whittemore has and will keep the terms and amount of this Agreement completely confidential, except
as required by applicable law, and that Whittemore has not, nor will Whittemore hereafter disclose any information concerning this Agreement to any person other than Whittemore’s present attorneys, accountants, tax advisors, or immediate
family, and only if those persons agree to abide for the provisions of the paragraph. 
  
 9. Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Nebraska. 
  
 10. Assignment. This Agreement shall not be assignable by Whittemore or the Company, except the Company may
assign this Agreement to any person, corporation or entity which may hereafter acquire or succeed to all or substantially all of the business or assets of the Company. 
  
 11. Remedies. In the event of a breach or asserted breach of the terms, covenants or conditions of this
Agreement, the remedy of the aggrieved party shall be in law and in equity and injunctive relief shall lie for the enforcement of or release from any provisions of this Agreement. Should any provision of this Separation Agreement and Release be
declared or determined by any court to be illegal or invalid, the validity of the remaining parts, terms or provisions shall not be affected thereby and said illegal or invalid part, term or provisions shall be deemed not to be a part of the
Separation Agreement and Release. 
  
 12. Attorney
Consultation. Whittemore acknowledges that he has been informed by representatives of the Company that he may want to consult with an attorney before signing this Agreement and may have an attorney review the Agreement, and he has done so.

  
 13. Effect of Agreement. Whittemore expressly
acknowledges that this Separation Agreement and Release is intended to include in its effect, without limitation, all claims which have arisen and of which Whittemore knows or does not know, should have known, had reason to know or suspects to exist
in Whittemore’s favor at the time of execution hereof, and this Separation Agreement and Release contemplates the extinguishment of any such claim, 
  
 14. Entire Agreement. This Separation Agreement and Release sets forth the entire agreement between the parties hereto, and fully
supersedes any and all prior agreements or understandings between the parties hereto pertaining to the subject matter hereof. 
  
 PLEASE READ CAREFULLY. THIS SEPARATION AGREEMENT AND RELEASE INCLUDES RELEASES OF ALL KNOWN AND UNKNOWN CLAIMS. 

 IN WITNESS WHEREOF, intending to be legally bound thereby, the Company and Whittemore have executed
the foregoing Separation Agreement and Release effective the date and year first above written. 
  
  

					
	 	 	HUMPHREY HOSPITALITY TRUST, INC.
			
	 /s/ George R. Whittemore

	 	By:	 	 /s/ Paul J. Schulte

	GEORGE R. WHITTEMORE	 	Its:	 	 Chairman of the Board

			
	 Date: July 22, 2004
	 	Date:	 	 July 22, 2004

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