Document:

Offer Letter - Brian Sereda

 Exhibit 10.4 

August 18, 2008 
 Brian J. Sereda

 [Home Address] 
 Dear Brian:

 We are pleased to formally extend to you an offer of employment for the position of Vice President of Finance and Chief Financial Officer
with Virage Logic Corporation. As a member of our G&A group, located in Fremont, you will report to J. Daniel McCranie, Chairman and CEO. 

In this position, you will receive a compensation package including base salary, eligibility for equity incentives and a comprehensive benefits plan.

 Your base salary will be $20,833.33 per month (equivalent to $250,000 per annum), subject to standard payroll deductions and withholdings.
Upon joining, you will be eligible for a one-time sign-on bonus of $15,000, which is recoverable in full, if you were to terminate employment within the first year of service. The sign-on bonus will be paid along with the first payroll. This
position is classified as Exempt. 
 You will be eligible to participate in our Executive MBO Plan. Subject to Board of Directors approval, your
annual On Target Bonus will be equivalent to 35% of annual base salary, and will be paid as Restricted Stock Units (RSU). This bonus payment will be pro-rated from start of employment and is subject to goal achievement of assigned MBO’s.
Enclosed for your reference is the FY2008 Plan document. 
 You will be eligible to receive a stock settled appreciation
right (“SSAR”) grant for 100,000 shares of Common Stock of Virage Logic, subject to Board of Directors approval and pursuant to the Virage Logic Corporation 2002 Equity Incentive Plan. The grant price for the SSAR will be fixed based
on the closing sales price of the Common Stock on the 1st
or 3rd Thursday of the calendar month, whichever next
follows your first day of employment. The shares subject to the SSAR will vest over a four-year period, with 25% of the shares vesting one (1) year from your start date, and the remainder vesting at a rate of
1/48th of the shares per month for the remaining 36
months. The vesting commencement date will be your start date. 
 In addition to the stock settled appreciation right grant, you will also
receive Restricted Stock Units (RSU) grant of 40,000 shares, subject to Board of Directors approval. The grant will be effective on your start date. This award is granted pursuant to the Company’s 2002 Equity Incentive Plan. The shares subject
to this option will vest over a four (4) year period, annually on the anniversary of the grant date. 
 With regard to benefits, you will
receive all the employment benefits available to full time, regular exempt employees of Virage Logic. These benefits include a 401(k) plan, as well as medical, dental, vision and life insurance plans. In addition, you will be eligible to accrue
15 days paid time off during the year period. The Company offers 10 paid holidays per year. 
 Further, in accordance with The Immigration
Reform & Control Act of 1986, employment in the United States is conditional upon proof of eligibility to legally work in the United States. On your first day of employment, you will need to provide us with this proof. If you do not have
these documents, please contact Azfar Hasib, Director of Human Resources at your earliest convenience. 
  

							
		  	47100 Bayside Parkway • Fremont, CA 94538	  	Initials	  	 -JDM

		  	510.360.8000 main • 510.360.8099 fax • www.viragelogic.com	  		  	-BS   

 Brian J. Sereda 

August 18, 2008 
 Page 2 

As an employee of Virage Logic, you will have access to confidential information, and you may, during the course of your employment, develop information
or inventions that will be the property of Virage Logic. To protect the interests of Virage Logic, you will be required to sign the Company’s Employee Invention and Confidential Information Agreement as a condition of your starting employment.
We wish to impress upon you that we do not wish you to bring with you any confidential or proprietary material of any former employer or to violate any other obligations you may have to your former employer. 

This offer letter is an offer of employment and is not intended and shall not be construed as a contract proposal or contract of employment. 

Your employment with Virage Logic is voluntarily entered into and you are free to resign at any time. Similarly, Virage Logic is free to conclude an
employment relationship where it believes it is in its interest, at any time and for any reason and for no cause. While we hope our relationship will be mutually beneficial, it should be recognized that neither you nor we have entered into any
contract of employment, expressed or implied. Our relationship is and always will be one of voluntary employment “at will.” You will be covered by the “Change in Control Severance Agreement” and a copy of the agreement is
enclosed for your reference. 
 This written offer constitutes all conditions and agreements made on behalf of Virage Logic and supersedes any
previous verbal or written commitments by the Company. No representative other than the undersigned has any authority to alter or add to any of the terms and conditions herein. 

This written offer is also contingent upon completion of your background check with acceptable results and your receipt and acknowledgement of the
Company Code of Conduct. This background check is a standard verification of criminal history, education and former employers. 
 Please contact
me or Azfar Hasib to indicate your response to this offer. Upon your acceptance, please sign and return the original while retaining the copy of this offer for your records. You may send your signed copy to our confidential fax number, 510-360-8078,
and return the original on your first day of employment. I have also enclosed an Employee Invention and Confidential Information Agreement. 

Brian, we are excited about the opportunity to have you join Virage Logic and are looking forward to your positive response. 

Regards, 
  

	
	 /s/    J. Daniel McCranie

	J. Daniel McCranie
	Chairman and CEO

  

											
	Accepted:	  	 /s/ Brian J. Sereda
	  		  	Date:	  	8-20-08	  	
		  	Brian J. Sereda	  		  		  		  	

  

					
	 Anticipated Start Date:
	  	9-15-08Offer Letter Agreement - Peter Slocum

 Exhibit 10.10 

April 15, 2009 
 Peter Slocum 

Dear Peter: 
 On behalf of 3PAR, Inc., (the
“Company”), I am pleased to offer to you the exempt position of Vice President, Engineering reporting to David Scott, President/CEO. In accepting this offer of employment you agree to start your employment at the earliest during the week
of April 20, 2009 and no later than April 27, 2009. 
 Should you accept this offer your compensation will include: 

 

	 	•	 	 A base salary of $230,000.00 per year of which will be paid biweekly in accordance with the Company’s normal payroll procedures. The first
and last payment by the Company to you will be adjusted, if necessary, to reflect a commencement or termination date other than the first or last working day of a pay period. 

 

	 	•	 	 In addition you will be eligible for the FY2010 (April 1, 2009-March 31, 2010) Executive Bonus if payouts under Bonus Plan are approved by the
Board for the upcoming fiscal year. 

  

	 	•	 	 We will recommend to the Compensation Committee of the Company’s Board of Directors after commencement of your employment that you receive a grant
of options with respect to the 200,000 shares of common stock of the Company, and your grant will be subject to the approval of the Compensation Committee or its delegate. Your grant will be priced in accordance with our equity incentive
plan and our policies governing stock option grants. 

 Once you start your employment with the company you will be eligible,
for the “Management Retention Agreement” which specifies the severance benefits upon the Executive’s termination of employment following a Change of Control. The severance benefits indicated in the “Management Retention
Agreement” are as follows: 
  

	 	•	 	 A lump-sum cash payment in an amount equal to fifty (50%) percent of the Executive’s Annual Compensation. 

 

	 	•	 	 Fifty (50%) percent of the unvested portion of any stock option, restricted stock or other Company equity compensation held by the Executive shall
be automatically accelerated in full so as to become completely vested. 

					
	Peter Slocum	  		  	 Page 
 2
 of 3
	Offer of Employment	  		  	April 15, 2009

  

 This offer is contingent on your consent to, and results satisfactory to the Company of, reference and
background checks. Until you have been informed in writing by the Company that such checks have been completed and the results satisfactory, you should defer reliance on this offer. Enclosed please find a 2-paged document, A Summary of Your
Rights Under the Fair Credit Reporting Act, and forms for you to sign and return to us, permitting the Company, through a third party, to perform and receive the results of a background check. In addition, this offer is also contingent on your
signature agreement to the Company’s Confidential Information and Invention Assignment Agreement, and your providing the Company with the proof of your identity and authorization to work in the United States, as required by federal immigration
law. The easiest method of satisfying this requirement is to provide a state driver’s license and social security card, and either your passport or a copy of your birth certificate. Such documentation must be provided to us within three
(3) business days of your date of hire, or our employment relationship with you may be terminated. If you do not have these documents, please call me immediately to discuss what other documents will satisfy the requirements of this law. We have
enclosed the Employment Application and Confidential Information and Invention Assignment Agreement. If you accept this offer, please complete and sign these forms and include the required Employment Application and the Company’s Confidential
Information and Invention Assignment Agreement with your acceptance. You cannot start your employment with the Company until the Company’s Confidential Information and Invention Assignment Agreement has been signed and submitted with your
signed offer letter. 
 As a condition of your employment, you will also be required to sign and comply with an Arbitration Agreement which
requires that, in the event of any dispute or claim relating to or arising out of our employment relationship, you and the Company agree to an arbitration in which (i) you are waiving any and all rights to a jury trial but all court remedies
will be available in arbitration, (ii) we agree that all disputes between you and the Company shall be fully and finally resolved by binding arbitration, (iii) all disputes shall be resolved by a neutral arbitrator who shall issue a written
opinion, (iv) the arbitration shall provide for adequate discovery, and (v) the Company shall pay all arbitration fees with the exception of the initial filing fee, not to exceed $200. 

As a full-time employee, you will be eligible to participate in the Company’s full benefit package as currently and hereafter provided to other
employees, which includes: medical, dental and vision, life insurance, short and long-term disability, new hire stock options, a 401 (K) program, Flexible Spending 125, employee assistance program and tuition reimbursement. You will be entitled
to 15 days of personal paid time off during your first year of employment and 10 paid holidays in accordance with the Company’s vacation/holiday policy. We have placed a great deal of emphasis on our benefits, and expect that they will continue
to evolve as we grow and as the needs of our employees and their families change. 
 Peter, while we anticipate that this will be a long and
rewarding relationship, you should be aware that your employment with the Company is for no specified period and constitutes at-will employment. As a result, you are free to resign at any time, for any reason or for no reason. Similarly, the Company
is free to conclude its employment relationship with you at any time, with or without cause and with or without notice. Although your job duties, title, compensation and benefits, as well as the Company’s personnel policies and procedures, may
change from time-to-time, the “at-will” nature of your employment may only be changed in an express writing signed by you and the President of the Company. 

In accepting this offer, you are representing to us that (a) you are not a party to any employment agreement or other contract or arrangement which
prohibits your full-time employment with the Company, (b) you do not know of any conflict which would restrict your employment with the Company and (c) you have not and will not bring with you to your employment with the Company any
documents, records or other confidential information belonging to former employers. 
 A duplicate original of this letter is enclosed for your
records. This letter, along with the agreement relating to proprietary rights between you and the Company, sets forth the terms of your employment with the Company and supersedes any prior representations or agreements, whether written or oral. This
letter may not be modified or amended except by a written agreement, signed by an officer of the Company and by you. 

					
	Peter Slocum	  		  	 Page 
 3
 of 3
	Offer of Employment	  		  	April 15, 2009

  

 Peter, we are pleased that you are interested in the Company, and I believe that you will find 3PAR,
Inc. a truly exciting and fulfilling place to work. To indicate your acceptance of the Company’s offer, please sign below, indicate your start date in the space provided and return this letter with the completed employment application and the
executed Confidential Information and Invention Assignment Agreement to Jeannette Robinson, VP of Human Resources no later than Friday, April 17, 2009. You can fax your acceptance by faxing the signed offer letter to
(510) 668-9595 by Friday, April 17, 2009 and later mail to my attention the original signed offer letter and completed enclosed documents. This offer is valid until this date, but should you have any questions or concerns please
call me immediately at (510) 668-9205. 
 We look forward to working with you at 3PAR! 

Sincerely, 

	
	
	/s/ JEANNETTE ROBINSON
	Jeannette Robinson

 Vice President Human Resources

 ACCEPTED AND AGREED: 
  

							
	 /s/    PETER J SLOCUM
	  	             4-16-2009
	  		  	EXPECTED START DATE: Tuesday 4/21/09
	Peter Slocum	  	Date	  		  	

 Enclosures: [Duplicate Offer Letter, Employment Application, I-9 Document, an Employee Confidentiality
and Invention Assignment Agreement, A Summary of Your Rights Under the Fair Credit Reporting Act, Fair Credit Reporting Act Disclosure, and BackIs Release]

Source: [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}, [{"source": "alea-institute/alea-institute/kl3m-data-edgar-agreements/train-00177-of-00352.parquet"}]]