Document:

Form of Investment Advisory Agreement

 EXHIBIT 10.1 
 FORM OF INVESTMENT ADVISORY AGREEMENT 
 THIS
INVESTMENT ADVISORY AGREEMENT (this “Agreement”) is dated as of [    ], 2009 between Barclays Global Fund Advisors, a California corporation (the “Advisor”), and Barclays Global Investors, N.A.,
a national banking association acting not in its individual capacity but solely as the trustee of the iShares® Diversified Alternatives Trust, a Delaware statutory trust (the
“Trust”). 
 1. The Trust. The Trust is a commodity pool as defined in the Commodity Exchange Act (the
“CEA”) and the applicable regulations of the Commodity Futures Trading Commission (the “CFTC”). The Trust is operated by Barclays Global Investors International, Inc., a Delaware corporation, a wholly-owned indirect
subsidiary of Barclays Bank PLC and a commodity pool operator registered under the CEA, acting in its capacity as sponsor of the Trust (in such capacity, the “Sponsor”). The Trust is not an investment company under the Investment
Company Act of 1940, as amended (the “Investment Company Act”), and is not required to register under the Investment Company Act. 
 2. Appointment. The Trust hereby appoints the Advisor as commodity trading advisor for such portion of the assets of the Trust that may be deposited, from time to time, in a separate account or accounts (collectively, the
“Accounts”) to be managed by Advisor under this Agreement, with full power to supervise and direct the investment of the assets of the Accounts as set forth herein including, but not limited to, the purchase, sale, execution holding
and general dealing in any manner with exchange-traded futures contracts and currency forward contracts on behalf of the Trust. The Advisor hereby accepts such appointment and agrees to render advisory services on the terms and conditions set forth
in this Agreement. The Advisor shall be deemed to be an independent contractor of the Trust and, except to the extent authorized herein, shall have no authority to act for or represent the Trust as its agent. 
 3. Delegation. The Trust acknowledges that the Advisor may delegate various advisory services with respect to the Accounts. In the event of any
such delegation, such party to whom the Advisor delegates various advisory services shall be bound to the terms of this Agreement to the same extent as the Advisor. The Advisor shall, at its expense, employ or associate with itself such persons as
the Advisor believes appropriate to assist it in performing its obligations under this Agreement. 
 4. Investment Direction. The
Advisor will manage the Accounts in accordance with the Advisor’s best judgment and in compliance with the guidelines attached as Schedule A (the “Investment Guidelines”), as they may be modified from time to time by the
written agreement of the Advisor and the Sponsor on behalf of the Trust; provided, that the restrictions set forth in part C of the Investment Guidelines shall be strictly observed by the Advisor, without deviation of any nature whatsoever.

 5. Clearing FCM. The Trust has appointed Barclays Capital Inc., a
[            ], as clearing futures commission merchant (the “Clearing FCM”) for the Accounts. The Advisor shall not receive, and shall at no time be in possession of, the
assets comprising the Accounts. 
 6. Reporting. The Advisor will submit to the Trust reports appraising the Accounts at current
market value as agreed between the Advisor and the Sponsor. The Advisor shall advise the Trust, at such times as the Trust may specify, of such investments made and the reasons for making a particular investment. The Advisor will be available at
reasonable times by prior arrangement to discuss the management of the Accounts with the Trust or its designee. Any written reports supplied by the Advisor to the Trust discussing the management of the Accounts are intended solely for the benefit of
the Trust, and the Trust agrees that it will not disseminate such reports to any other party (other than the Trust’s professional advisors) without the prior consent of the Advisor, except as may be required by applicable law. The Advisor will
provide to the Sponsor any information concerning the Advisor or its trading program that is necessary for the Sponsor to prepare any disclosure document for investors in the Trust or 

 any periodic or other reports that the Trust may be require to file or furnish to any regulators, including the
Securities and Exchange Commission and the CFTC. 
 7. Other Accounts. The Trust understands and acknowledges that the Advisor
performs commodity trading advisory services for various persons other than the Trust. The Trust acknowledges that the Advisor may give advice and take action concerning its other investing pools that may be the same as, similar to or different from
the advice given, or the timing and nature of action taken, concerning the Accounts. Except to the extent necessary to perform the Advisor’s obligations under this Agreement, nothing herein shall be deemed to limit or restrict the right of the
Advisor, or any affiliate of the Advisor or any employee of the Advisor to engage in any other business or to devote time and attention to the management or other aspects of any other business, whether of a similar or dissimilar nature, or to render
services of any kind to any other corporation, firm, individual or association. 
 8. Fees. The Sponsor shall pay the Advisor a fee
determined by the Advisor and the Sponsor, from time to time, for its services as Advisor hereunder. 
 9. Representations. The Trust
represents and warrants that: (a) the Trust has been duly organized and is validly existing under the law of the state of its organization, (b) the Trust is duly authorized to execute, deliver and perform this Agreement and has taken all
action necessary to authorize its execution, delivery and performance, including the obtaining of any necessary governmental consents, (c) the execution, delivery and performance of this Agreement, including the Investment Guidelines, does not
and will not conflict with or violate any provision of law, rule, regulation, governing document of the Trust, contract, deed of trust, or other instrument to which the Trust is a party or to which any of the Trust’s property is subject,
(d) this Agreement is a valid and binding obligation enforceable against the Trust in accordance with its terms (subject to applicable insolvency or similar laws affecting creditors’ rights generally and subject, as to enforceability, to
equitable principles of general application), (e) the Accounts will be comprised of assets that are owned by the Trust as principal, and will not be subject to either (i) the Employee Retirement Income Security Act of 1974, as amended, or
the Investment Company Act, or (ii) any lien, security interest or other similar encumbrance (other than in favor of the Clearing FCM or any relevant clearing house), and (f) the Trust is not insolvent or the subject of a proceeding
seeking a judgment of insolvency or bankruptcy. The Trust shall hold the Advisor harmless from any liabilities, damages or expenses, including attorney’s fees, incurred by Advisor for any actions taken by Advisor acting in reasonable reliance
upon such representations. 
 10. CFTC Registration. The Advisor represents and warrants that it is registered with the CFTC as a
commodity trading advisor. 
 11. Liability. The Advisor will be liable for losses to the Accounts that are the direct result of
Advisor’s bad faith, gross negligence, willful or reckless misconduct or breach of the express terms of this Agreement. Except as set forth in the foregoing sentence, neither the Advisor nor its officers, employees or agents shall be liable
hereunder for any act or omission or for any error of judgment in managing the Accounts. The Advisor shall not be responsible for any special, indirect or consequential damages, or any loss incurred by reason of any act or omission of the Trust or
any broker, dealer, futures commission merchant or custodian used hereunder or any authorized representative of the foregoing. Notwithstanding the foregoing, nothing herein shall in any way constitute a waiver or limitation of any rights that the
Trust may have under the federal securities laws or other applicable law. 
 12. Indemnification. The Advisor and its shareholders,
directors, officers, employees, affiliates (as such term is defined in Rule 405 under the Securities Act of 1933, as amended) and subsidiaries (each, an “Advisor Indemnified Party”) shall be indemnified from the Trust and held harmless
against any loss, liability, cost, expense or judgment (including the reasonable fees and expenses 
  

 - 2 - 

 of counsel) arising out of or in connection with the performance of its obligations under this Agreement or any actions
taken in accordance with the provisions of this Agreement and incurred without (1) negligence, bad faith, willful misconduct or willful malfeasance on the part of such Advisor Indemnified Party or (2) reckless disregard on the part of such
Advisor Indemnified Party of its obligations and duties under this Agreement. Such indemnity shall include payment from the Trust of the costs and expenses incurred by such Advisor Indemnified Party in defending itself against any claim or liability
in its capacity as the Advisor. Any amounts payable to an Advisor Indemnified Party under this Section 12 may be payable in advance or shall be secured by a lien on the Trust. 
 13. Tax Filings. The Advisor will not be responsible for making any tax credit or similar claim or any legal filing on Trust’s behalf.

 14. Governing Law/Disputes. This Agreement is entered into in accordance with and shall be governed by the laws of the State of
California; provided, however, that in the event that any law of the State of California shall require that the laws of another state or jurisdiction be applied in any proceeding, such California law shall be superseded by this
paragraph, and the remaining laws of the State of California shall nonetheless be applied in such proceeding. Each party agrees that, in the event that any dispute arising from or relating to this Agreement becomes subject to any judicial
proceeding, such party waives any right it may otherwise have to (a) seek punitive damages, or (b) request a jury trial. 
 15.
Termination. This Agreement may be terminated at any time by either party upon 30 days’ prior written notice to the other party. Any obligation or liability of either party resulting from actions or inactions occurring prior to
termination shall not be affected by the termination of this Agreement. 
 16. Assignment. Neither party shall assign this Agreement
without the written consent of the other party. Any purported assignment in violation of the prior sentence will be null and void. 
 17.
Consent to Use of Name. The Trust agrees that the Advisor may disclose the Trust’s name to investment consultants or prospective accounts in connection with marketing presentations by the Advisor and as part of a representative account
list. 
 18. Notices. All notices and other communications under this Agreement shall be in writing and shall be addressed to the
parties as set forth below. Either party may, by notice to the other, designate a different address or fax number. Any notice or other communication given hereunder shall be deemed to have been given upon receipt. Notices may be transmitted by hand,
fax, courier, certified or registered mail return-receipt-requested, U.S. mail postage prepaid, or other reasonable form of delivery, unless a clause of this Agreement requires a specific form of delivery. Any fax notice received after 5:00 p.m.,
California time, on a business day shall be deemed to have been given on the succeeding business day. 
 To the Trust: 
 iShares Diversified Alternatives Trust 
 c/o
Barclays Global Investors, N.A., as Trustee 
 400 Howard Street 
 San Francisco, CA 94105 

			
	 Attn:
	  	[                    ]
	 Fax:
	  	[                    ]

  

 - 3 - 

 To the Advisor: 
 Barclays Global Fund Advisors 
 400 Howard Street 
 San Francisco, CA 94105 

			
	 Attn:
	  	[                    ]
	 Fax:
	  	[                    ]

 The Advisor shall comply with, and be entitled to act on, any instructions reasonably believed to be from an
authorized representative of the Trust. The Advisor and its employees and agents shall be fully protected from all liability in acting upon such instructions, without being required to determine the authenticity of the authorization or authority of
the persons providing such instructions. 
 19. Severability. In the event any provision of this Agreement is adjudicated to be void,
illegal, invalid or unenforceable, the remaining terms and provisions of this Agreement shall not be affected thereby, and each of such remaining terms and provisions shall be valid and enforceable to the fullest extent permitted by law, unless a
party demonstrates by a preponderance of the evidence that the invalidated provision was an essential economic term of this Agreement. 
 20.
Integration; Amendment. This Agreement contains the entire agreement between the parties with respect to the transactions contemplated hereby and supersede all previous oral or written negotiations, commitments and understandings related
thereto. This Agreement may not be amended or modified in any respect, nor may any provision be waived, without the written agreement of both parties. No waiver by one party of any obligation of the other hereunder shall be considered a waiver of
any other obligation of such party. 
 21. Further Assurances. Each party hereto shall execute and deliver such other documents or
agreements as may be necessary or desirable for the implementation of this Agreement and the consummation of the transactions contemplated hereby. 
 22. Counterparts. This Agreement may be executed in one or more counterparts, each of which shall be deemed to be an original and all of which taken together shall be deemed to be one and the same instrument. 
 23. Headings. The headings of paragraphs herein are included solely for convenience and shall have no effect on the meaning of this Agreement.

 [Signature Page Follows] 
  

 - 4 - 

 IN WITNESS WHEREOF, the parties have executed this Agreement effective as of the date and year first
above written. 
  

					
	iShares® Diversified Alternatives Trust
		
	By:	 	 Barclays Global Investors, N.A.
 as Trustee

		
	 By:
	 	              

			
		 	Name:	 	  

			
		 	Title:	 	  

		
	By:	 	  

			
		 	Name:	 	  

			
		 	Title:	 	  

	
	Barclays Global Fund Advisors
		
	By:	 	              

			
		 	Name:	 	  

			
		 	Title:	 	  

		
	By:	 	  

			
		 	Name:	 	  

			
		 	Title:	 	  

 Acknowledged and agreed to, 
  

					
	Barclays Global Investors International, Inc.
		 	as Sponsor
		
	 By:
	 	  

			
		 	 Name:
	 	  

			
		 	 Title:
	 	  

		
	 By:
	 	  

			
		 	 Name:
	 	  

			
		 	 Title:
	 	  

 SCHEDULE A 
 INVESTMENT GUIDELINES 
 A. INVESTMENT OBJECTIVE 
 The investment objective of the Trust is to maximize absolute returns from investments with historically low correlation to stocks and bonds, while
seeking to control the risks and volatility inherent in futures and forward contracts by taking long and short positions in historically correlated assets. 
 B. INVESTMENT STRATEGIES 
 The Advisor will seek to achieve the investment objectives of the Trust by pursuing strategies
generally known as “relative value strategies” that utilize quantitative methodologies to identify potentially profitable discrepancies in the relative values or market prices of one or more assets and seek to control the risks and
volatility of these investments by taking long and/or short positions in historically correlated assets, it being understood that the Advisor will have discretion in the determination of which particular strategies fall within the category of
“relative value strategies”. 
 C. RESTRICTIONS 
 The Advisor shall not: 
 1. Enter into any transaction on behalf of the Trust other than (i) taking long
or short positions in (a) exchange-traded futures contracts, or (b) foreign currency forward contracts, or (ii) investing assets of the Trust in U.S. Treasury securities and other short-term securities that are eligible as margin
deposits to secure the Trust’s obligations pursuant to the transactions described in clause “i” above; provided, however, that, with respect to exchange-traded futures contracts, at no time will more than 10% of the weight of
the Trust’s portfolio in the aggregate consist of components traded on exchanges that are neither members of the Intermarket Surveillance Group, nor party to a comprehensive surveillance agreement with NYSE Arca or any other exchange where the
shares of the Trust may from time to time be listed for trading; and provided, further, that, with respect to foreign currency forwards, such transactions shall primarily involve currencies which, at the time the forward contract is entered
into, are listed among the twenty-five most liquid or actively-traded currencies as measured by turnover in the most recent Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity coordinated by the Bank of International
Settlements. 
 2. Enter into any transaction as a result of which the Trust will, directly or indirectly, have an economic interest in any
“investment securities” (as such term is used for purposes of the Investment Company Act of 1940, as amended, and the rules and regulations thereunder); or 
 3. Enter into any transaction as a result of which the Trust may accrue or receive any income, unless such income constitutes “qualifying income” (as such term is defined in Section 7704(d) of the
Internal Revenue Code of 1986, as amended, and regulations thereunder). 
 D. LIMITATION TO COUNTERPARTY EXPOSURE 
 The Advisor acknowledges that it is expected that the Trust will not enter into an otherwise eligible transaction if, immediately after entering into such
transaction, the Trust’s maximum probable Net Credit Exposure to any single counterparty (other than a regulated commodities exchange, the Clearing FCM or any clearing facility thereof) would exceed 10% of the most recently determined net asset
value of the Trust. “Net Credit Exposure” means, with respect to a counterparty, any excess of (a) all amounts payable by such counterparty to the trust, over (b) all amounts payable by the Trust to such counterparty. 

 

 A-1Severance Agreement

 Exhibit 10.1 
 SEVERANCE AGREEMENT AND RELEASE 
 This AGREEMENT (“Agreement”) is entered into by and
between Teradyne, Inc. (the “Company”) and Eileen Casal (the “Executive”) (together, the “Parties”), as of March 11 2009. 
 WHEREAS, the parties wish to arrange for the Executive’s separation from the Company and establish the terms of the Executive’s separation and severance; 
 NOW, THEREFORE, in consideration of the promises and conditions set forth herein, the sufficiency of which is hereby acknowledged, the Parties agree as
follows: 
 1. Separation Date. The Executive’s employment with the Company, and all positions held by her with the Company,
shall terminate effective March 31, 2009 (the “Separation Date”). On or before the Separation Date, Executive shall be paid for all earned salary and $37,388.34 (less applicable taxes and withholdings) for all accrued but unused Flex
Time-Off earned through the Separation Date. Executive will also be entitled to reimbursement for any allowable business expenses incurred by her through the Separation Date for which she has not then been reimbursed, in accordance with the
Company’s regular policies. Executive will receive the compensation set forth in this Section 1 regardless of whether she signs the attached Release of Claims attached hereto as Exhibit A (the “Release”). Except as
expressly set forth in this Agreement, Executive agrees that she is not entitled to any additional compensation, bonuses, or equity as of the Separation Date, and that her entitlement to any benefits under the plans, policies or programs of the
Company shall terminate as of the Separation Date, except where otherwise provided under the existing terms and conditions of such plans, policies and programs. 
 2. Stock Options and Restricted Stock. In accordance with the 2006 Equity and Cash Compensation Incentive Plan, the 1997 Employee Stock Option Plan, and the 1991 Employee Stock Option Plan (the “Equity
Plans”), Executive shall cease vesting in all existing stock option grants and restricted stock unit awards (“RSUs”) as of the Separation Date. Executive’s equity holdings as of the Separation Date are as set forth in Exhibit
B hereto. Executive’s options and RSUs shall continue to be governed by the terms and conditions set forth in their applicable Equity Plans and grant agreements, which shall continue in full force and effect following execution of this
Agreement. In accordance with those terms, Executive shall have ninety (90) days following the Separation Date to exercise any vested but unexercised stock options. 
 3. Severance Benefits. Provided Executive signs this Agreement, signs the Release on or within 21 days following the Separation Date, and does not revoke her signature on the Release, the Company agrees to
provide the Executive with the following severance benefits: 
 a. Severance Pay. The Company will continue to pay Executive at
her current annual base salary rate of $277,742, less applicable taxes and withholdings and in accordance with the Company’s regular payroll practices (the “Severance Pay”), for one year following the Separation Date (the
“Severance Period”), to commence on the first regular payroll 

 
date following expiration of the Revocation Period described in Paragraph 3 of the Release, provided that all amounts that remain unpaid on March 12,
2010 shall be paid on March 12, 2010. The Company’s obligation to continue the Severance Pay through the Severance Period shall be subject to the Executive’s continued compliance with the terms of this Agreement and the May 3,
2004 Employment Agreement between Executive and the Company (the “Employment Agreement”); 
 b. Benefits Continuation.
Provided the Executive timely elects and continues to be eligible to receive health, vision and dental insurance continuation coverage pursuant to the Consolidated Omnibus Budget Reconciliation Act of 1985 (COBRA), 29 U.S.C. § 1161 et seq.,
the Company shall continue to pay the portion of such applicable insurance premiums that it pays for active employees (currently 75%) for the duration of the Severance Period (the “Benefits Continuation”) provided that all amounts that
remain unpaid on March 12, 2010 shall be paid on March 12, 2010. 
 c. Outplacement Assistance. The Company agrees to
pay for the costs for the Executive to participate in and receive the benefits of the Executive Career Transition Program currently offered by Right Management, as described in Exhibit C, provided that Executive commences the Program no later
than ninety days following the Separation Date (the “Outplacement Assistance”). The Company shall pay Right Management for the cost of the Outplacement Assistance on or before March 12, 2010, upon receipt of invoices for
Executive’s participation in the Program in compliance with this Paragraph 3(c). 
 d. Company Release. Following
expiration of the Revocation Period, the Company will execute the Release and provide Executive with a fully-executed original of such Release. 
 4. Section 409A Compliance. Notwithstanding anything to the contrary herein, Company and Executive acknowledge that all payments and/or benefits provided by the Company to the Executive that may be deemed to constitute
“non-qualified deferred compensation” within the meaning of Section 409A of the Internal Revenue Code of 1986, as amended (Section 409A) are intended to comply with Section 409A. If, however, any payment and/or benefit is deemed
not to comply with Section 409A, the Company and Executive agree to negotiate in good faith any such benefit or payment (including without limitation as to the timing of any severance payments payable hereunder) so that either
(i) Section 409A will not apply or (ii) compliance with Section 409A will be achieved; provided, however, that any deferral of payments or other benefits shall be only for such time period as may be required to comply with
Section 409A. 
 5. Cooperation. 
 a. Transition Assistance. During the Severance Period, Executive agrees that upon request by the Company, she shall provide, in reasonable amounts and at reasonable times mutually agreed upon by the
Executive and the Company, assistance to and cooperation with the Company in order to ensure a smooth transition of her duties and responsibilities. 
  

 - 2 - 

 b. Litigation and Related Matters. For three (3) years following the Separation Date,
upon the Company’s request and at reasonable times mutually agreed upon by the Executive and the Company, the Executive agrees to provide reasonable assistance and cooperation to the Company with respect to any threatened or pending civil,
criminal or administrative investigations, actions and/or proceedings involving the Company which relate to the Executive’s position, duties, and/or responsibilities, or to any other matters that Executive handled, participated in or had
knowledge of, all while she was employed at the Company. Employee’s cooperation may include (but not be limited to) being available to meet with counsel to prepare its claims or defenses, to prepare for trial or discovery, and/or to act as a
witness when and as reasonably requested by the Company and at reasonable times mutually agreed upon by the Executive and the Company. Executive shall be entitled to reimbursement for reasonable travel, food, lodging and other expenses incurred in
connection with the provision of assistance and/or cooperation in connection with this Paragraph 5, subject to the Company’s regular policies on expense reimbursements. Furthermore, in the event that Executive is required to provide more than
forty (40) hours of assistance under this Paragraph 5(b) in any calendar year after 2009, she shall be compensated at a reasonable hourly rate for her assistance (except for any time spent testifying under oath). 
 c. Notice of Subpoenas/Status Updates. Employee agrees that she will notify the Company promptly in the event that she is served with a
subpoena or in the event that she is asked to provide a third party with information concerning any threatened or pending complaint, charge or claim against the Company. The Company will keep the Executive informed on a timely basis of the existence
of, or any change in, any case or claim in which the Executive is involved as a defendant or has been called or named as a witness, or which has been threatened against the Executive by virtue of her position and responsibilities on behalf of the
Company. 
 d. Notwithstanding the foregoing, the Executive’s obligation to provide the cooperation and assistance described in this
Paragraph 5 shall be subject to Executive’s performance of duties in any subsequent employment, self employment or job search (provided that Executive shall make reasonable efforts to accommodate requests by the Company) and the Company’s
continued compliance with the terms of this Agreement, the Employment Agreement and the April 1, 1999 Indemnification Agreement between the Executive and the Company (the “Indemnification Agreement”). 
 6. Executive Reference. Executive agrees that she will direct all requests by potential future employers for a reference from the Company
regarding the Executive to Michael A. Bradley, President and Chief Executive Officer. The Company’s response to any inquiry and/or request for a reference regarding the Executive shall be governed by the terms of Exhibit D hereto.

 7. Indemnification. The Parties agree that the Executive shall be entitled to indemnification for all of her acts and omissions on
behalf of the Company to the fullest extent allowed under the Company’s by-laws in effect as of the date of this Agreement and under the Indemnification Agreement, which shall survive execution of this Agreement in full force and effect.

  

 - 3 - 

 8. Ongoing Restrictive Covenants. Executive acknowledges and confirms that she has complied and
will continue to comply fully with the restrictions and obligations set forth in the Employment Agreement, which shall survive execution of this Agreement in full force and effect (excluding the non-competition provisions in the Employment
Agreement, which the Parties agree will not be binding upon the Executive following the Separation Date). For purposes of clarity, the Parties agree that all provisions of the Employment Agreement shall be in effect following the Separation Date,
with the exception of the paragraph pertaining to non- competition obligations, which shall not be deemed to apply. 
 9.
Noncompetition. In exchange for the benefits set forth in Paragraph 3 and the other covenants set forth herein, Executive agrees that for a period of one (1) year after the Separation Date, she will not, directly or indirectly, enter the
employment of or render any professional services, including but not limited to as an independent contractor, consultant, director, partner, owner (except as a holder of not more than 1% of the combined voting power of the outstanding stock of a
publicly held company) or otherwise, to any individual, partnership, association or corporation who or which is a competitor of the Company, based on the Company’s products and services as of the Separation Date. 
 10. Return of Company Property. On or before the Separation Date, the Executive agrees to return all Company property, equipment, documents (hard
copy or electronic) and other materials in her possession or control, including, but not limited to, the Executive’s laptop, PDA, telephone and all other computer or electronic devices and peripherals, keys, access cards, credit cards, and all
documents that include or reference any confidential information of the Company. The Executive further agrees to refrain from taking any harmful or potentially harmful action with regard to the Company’s computer systems, and to leave intact
all electronic Company documents and other information on the electronic system. 
 11. Non-Disparagement. The Executive understands
and agrees that as a condition for payment to her of the Severance Pay, Benefits Continuation and Outplacement Assistance, for a period of three (3) years from the Separation Date, she agrees not to make any false, disparaging or derogatory
statements to any third person or entity, including any media outlet, in public or private regarding the Company’s directors, officers, executives, agents, or representatives or the Company’s business affairs and financial condition. The
Company understands and agrees that as a condition of the Executive’s performance of the obligations hereunder, for a period of three (3) years from the Separation Date, the Company shall cause its directors, executive officers and
officers not to make any false, disparaging or derogatory statements to third parties in public or private, regarding the Executive. 
 Nothing in this Paragraph or in Paragraphs 5(b) or 6 herein shall prohibit or bar either Party from providing truthful testimony in any legal proceeding or in communicating with any governmental agency or representative or from making any
truthful disclosure required under law; provided, however, that in the event of such a disclosure, each Party agrees to provide advance written notice to the other Party of her/its intent to make such disclosures and cooperate with the other Party
to ensure that this Paragraph is complied with to the maximum extent possible. Moreover, nothing herein shall prevent Executive from participating in any proceeding before any federal or state administrative agency to the fullest extent permitted by
applicable 

  

 - 4 - 

 
law, provided that she will be prohibited to the fullest extent authorized by law from obtaining monetary damages or other equitable remedies in any agency
proceeding in which she does so participate arising out of or relating to matters released by Executive in Paragraph 1 of the Release. 
 12.
Nature of Agreement. The Executive and the Company understand and agree that this Agreement does not constitute an admission of liability or wrongdoing on the part of the Company or the Executive. This is not intended to be, and shall not be
construed as, an employment agreement and the parties agree and understand that the Executive is, and shall remain through the Separation Date, an at-will employee of the Company. 
 13. Amendment; Successors and Assigns. This Agreement shall be binding upon the parties and may not be abandoned, supplemented, changed or
modified in any manner, orally or otherwise, except by an instrument in writing of concurrent or subsequent date signed by a duly authorized representative of the Parties. This Agreement is binding upon and shall inure to the benefit of the Parties
and their respective agents, assigns, heirs, executors, successors and administrators, except that it may not be assigned by the Executive without prior written consent of the Company. 
 14. Validity. Should any provision of this Agreement be declared or be determined by any court of competent jurisdiction to be illegal or invalid,
the validity of the remaining parts, terms, or provisions shall not be affected thereby and said illegal and invalid part, term or provision shall be deemed not to be a part of this Agreement. If, moreover, any one or more of the provisions
contained in this Agreement shall for any reason be held to be excessively broad as to duration, geographical scope, activity or subject so as to be unenforceable, Executive agrees that such provision or provisions shall be construed by the
appropriate judicial body by limiting and reducing it or them so as to be enforceable to the maximum extent permitted by law. 
 15.
Accord and Satisfaction. It is expressly agreed that the payments and benefits set forth in this Agreement, together with all other payments and benefits previously provided to Executive by the Company, are complete payment, settlement,
satisfaction and accord with respect to all obligations and liabilities of the Released Parties (as defined in Paragraph 1 of the Release) to Executive (except as otherwise provided herein or in the Release). The Company agrees that Executive’s
undertakings in this Agreement are complete payment, settlement, satisfaction and accord with respect to all obligations and liabilities of Executive to the Company (except as otherwise provided herein or in the Release). 
 16. Further Assurances. The Parties agree to execute, acknowledge (if necessary), and deliver such documents, certificates or other instruments,
as mutually agreed, and take such other actions as may be seasonably required from time to time to carry out the intents and purposes of this Agreement. 
 17. Notice of Breach and Opportunity to Cure; Remedy for Breach. In the event either Party determines in good faith that the other Party has breached any provisions of this Agreement, the non-breaching Party
shall provide written notice of such breach to the other Party specifying the nature of the breach and allowing the other Party a thirty (30) day period 

  

 - 5 - 

 
from receipt of notice to remedy any such breach. If the Executive is the breaching Party and does not remedy the breach within such thirty (30) day
period, Executive’s entitlement to receive and the Company’s obligations to pay and provide the Severance Pay, Benefits Continuation and/or Outplacement Assistance described in Paragraph 3 above shall terminate immediately following the
thirty (30) day period. If the Company is the breaching Party and does not remedy the breach within such thirty (30) day period, the Executive’s obligations under Sections 5 and 9 above shall terminate immediately following the thirty
(30) day period. 
 The Parties further agree that if there is a breach by either Party of Paragraphs 1, 3, 5, 6, 7, 8, 9, 10 and/or 11
herein that is not remedied within the thirty (30) day period, the non-breaching Party shall be entitled to recover all reasonable attorneys fees and costs incurred in connection with litigation it commences to enforce its rights uncles those
paragraphs of the Agreement; provided that a court of competent jurisdiction determines that (a) the non-breaching party is the prevailing party in the litigation, and (b) the other party has breached its obligation(s) and failed to remedy
such breach(es). 
 18. Entire Agreement. With the exception of the Equity Plans and grant agreements described in Paragraph 2 above,
the Employment Agreement and the Indemnification Agreement, each of which shall continue in full force and effect, this Agreement, together with the attached Release that is contemplated to be executed and delivered by the Executive promptly
following the Separation Date, contain and constitute the entire understanding and agreement between the Parties and supersede all previous oral and written negotiations, agreements, commitments, and writings in connection therewith ((including but
not limited to the December 30, 2008 Amended and Restated Executive Officer Change in Control Agreement between the Parties). 
 19.
Applicable Law. This Agreement shall be interpreted and construed by the laws of the Commonwealth of Massachusetts, without regard to conflict of laws provisions. The Executive hereby irrevocably submits to and acknowledges and recognizes the
jurisdiction of the courts of the Commonwealth of Massachusetts, or if appropriate, a federal court located in Massachusetts (which courts, for purposes of this Agreement and the Release, are the only courts of competent jurisdiction), over any
suit, action or other proceeding arising out of, under or in connection with this Agreement, the Release or the subject matter hereof. 
 20.
Other Terms. The waiver by any party of a breach of this Agreement shall not operate or be construed as a waiver of any subsequent breach. This Agreement may be executed in separate counter-parts, each of which shall be deemed an original,
but all of which together shall constitute the same instrument. The language of all parts of this Agreement shall in all cases be construed as a whole, according to its fair meaning, and not strictly for or against either of the Parties. 

21. Voluntary Assent. The Executive affirms that except as expressly set forth in this Agreement, no promises or agreements of any kind have
been made to or with her by any person or entity whatsoever to cause her to sign this Agreement, and that she fully understands the meaning and intent of this Agreement. The Executive states and represents that she has had an opportunity to fully
discuss and review the terms of this Agreement with an attorney. The 

  

 - 6 - 

 
Executive further states and represents that she has carefully read this Agreement, understands the contents herein, freely and voluntarily assents to all of
the terms and conditions hereof, and signs her name of her own free act. 
 IN WITNESS WHEREOF, the Parties have set their hand and seal to
this Agreement as of the date first written above. 
  

									
	Teradyne, Inc.	 		 	Eileen Casal
					
	By	 	 /s/ Michael A. Bradley
	 		 	By:	 	 /s/ Eileen Casal

	Print Name:	 		 		 	
	Title:	 		 		 		 	

  

 - 7 -

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00159-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00159-of-00352.parquet"}]]