Document:

Lease Termination, dated December 9, 2014

 Exhibit 10.23 

LEASE TERMINATION AGREEMENT 

This Lease Termination Agreement (this “Agreement”) is entered into as of the 9th day of December, 2014, by and
between FREMONT LAKE UNION CENTER LLC, a Delaware limited liability company (“Landlord”), and IMPINJ, INC., a Delaware corporation (“Tenant”).  

R E C I T A L S : 

A. Landlord and Tenant entered into that certain Office Lease dated as of November 17, 2004 (the “Office Lease”), as
amended by that certain First Amendment to Lease dated as of July 21, 2006 (the “First Amendment”), and that certain Second Amendment to Lease dated as of December 11, 2009 (the “Second Amendment”) (the
Office Lease, the First Amendment and the Second Amendment shall collectively be referred to herein as the “Lease”), whereby Landlord leases to Tenant, and Tenant leases from Landlord, approximately 37,716 rentable square feet
of space commonly known as Suite 300 (the “Premises”) and located on the third (3rd) floor of the building (the “Building”) located at 701 North 34th Street, Seattle, Washington. 
 B. Tenant and Landlord desire to enter into this
Agreement in order to terminate the Lease and to release one another from their respective obligations thereunder, except as otherwise provided herein. 

A G R E E M E N T : 

NOW, THEREFORE, in consideration of the foregoing recitals and the conditions and the covenants hereinafter contained, and for other
consideration hereinafter set forth, the receipt and sufficiency of which are hereby acknowledged, Landlord and Tenant hereby agree as follows. 

1. Effectiveness of this Lease Termination Agreement. Landlord and Tenant hereby acknowledge and agree that,
notwithstanding the full execution and delivery of this Agreement by Landlord and Tenant (which shall occur on or before February 1, 2015), this Agreement is expressly conditioned upon the full execution and delivery of a lease agreement (the
“Third-Party Lease”) by Landlord and Tableau Software, Inc. (the terms and conditions of which Third-Party Lease shall be acceptable to Landlord in its sole and absolute discretion) with respect to such third-party tenant’s
lease of the Premises following the “Termination Date,” as defined in Section 2 below (the “Condition Precedent”). Landlord shall have no liability whatsoever to Tenant relating to or arising from Landlord’s
inability or failure to cause all or any portion of the Condition Precedent to be satisfied. The Lease shall remain unmodified and in full force and effect unless and until such time as the Condition Precedent is satisfied, provided that in the
event the Condition Precedent is not satisfied on or before February 1, 2015, then this Agreement shall be null and void, and of no further force or effect.  

2. Termination of the Lease. Landlord and Tenant hereby agree that, subject to the terms and conditions of Section 1
above, and conditioned upon the performance by the parties of the provisions of this Agreement, the Lease shall terminate and be of no further force or effect as of 11:59 P.M. Pacific Time on October 31, 2015 (the “Termination
Date”), provided that Tenant may accelerate such Termination Date to a date no earlier than June 30, 2015 by providing Landlord with not less than five (5) months written notice prior to the desired accelerated Termination Date.
Effective as of the date of this Agreement, all rights of Tenant to extend the Term of the Lease set forth in Section 9 of the Second Amendment are hereby terminated and are of no further force or effect. 

3. Surrender of Premises. Tenant hereby agrees to vacate the Premises and surrender and deliver exclusive possession of the
Premises to Landlord on or before the Termination Date in accordance with the provisions of the Lease. On or before the Termination Date, Tenant shall, at Tenant’s sole cost and expense, remove or cause to be removed from the Premises any and
all furniture and equipment, free-standing cabinet work, all telephone, computer, data and other cabling and wiring, and other articles of personal property owned by Tenant or installed or placed by Tenant at its expense in the Premises, and such
similar articles of 

 
any other persons claiming under Tenant, as well as any improvements and/or alterations required to be removed by Tenant under the terms of the Lease upon the expiration or earlier termination of
the Lease, and deliver the Premises to Landlord in a broom-clean condition. Tenant shall immediately repair at its own expense all damage to the Premises and the Building resulting from any such removal. If Tenant fails to complete such removal
and/or repair any damage caused by such removal, Landlord may (but shall not be obligated to) do so and may charge the reasonable and actual cost thereof to Tenant. 

4. Release of Liability. Except as otherwise provided in Sections 5 and 6 hereof, and conditioned on the
performance by the parties of the provisions of this Agreement: 
 (a) Landlord and Tenant shall, as of the Termination Date, be fully
and unconditionally released and discharged from their respective obligations arising after the Termination Date from or connected with the provisions of the Lease; and 

(b) this Agreement shall fully and finally settle all demands, charges, claims, accounts or causes of action of any nature, including, without
limitation, both known and unknown claims and causes of action that may arise out of or in connection with the obligations of the parties under the Lease after the Termination Date. 

Each party acknowledges that it has received the advice of legal counsel with respect to the aforementioned waiver and understands the terms
thereof. 
 5. Representations of Tenant. Tenant represents and warrants to Landlord that (a) Tenant has not
heretofore assigned or sublet all or any portion of its interest in the Lease; (b) no other person, firm or entity has any right, title or interest in the Lease; (c) Tenant has the full right, legal power and actual authority to enter into
this Agreement and to terminate the Lease without the consent of any person, firm or entity; and (d) Tenant has the full right, legal power and actual authority to bind Tenant to the terms and conditions hereof. Tenant further represents and
warrants to Landlord that as of the date hereof there are no, and as of the Termination Date there shall not be any, mechanic’s liens or other liens encumbering all or any portion of the Premises, by virtue of any act or omission on the part of
Tenant, its predecessors, contractors, agents, employees, successors or assigns. Notwithstanding the termination of the Lease and the release of liability provided for herein, the representations and warranties set forth in this
Section 5 shall survive the Termination Date and Tenant shall be liable to Landlord for any inaccuracy or any breach thereof. 

6. Continuing Liability. Notwithstanding the termination of the Lease and the release of liability provided for herein,
Tenant shall remain liable, with respect to the period of its tenancy prior to the Termination Date, for the performance of all of its obligations under the Lease (including, without limitation, Tenant’s payment of reconciliation of
“Operating Costs” and “Taxes” as those terms are defined in Section 2.19 and Section 2.27 of the Office Lease, respectively) and Landlord shall have all the rights and remedies with respect to such obligations as set
forth in the Lease. In the event that Tenant retains possession of the Premises or any part thereof after the Termination Date, then the provisions of Section 30.13 of the Office Lease shall apply. 

7. Attorneys’ Fees. Should any dispute arise between the parties hereto or their legal representatives, successors
and assigns concerning any provision of this Agreement or the rights and duties of any person in relation thereto, the party prevailing in such dispute shall be entitled, in addition to such other relief that may be granted, to recover reasonable
attorneys’ fees and legal costs in connection with such dispute. 
 8. Disposition of Personal Property.
Notwithstanding the above, Tenant shall continue to have access to the Premises through and including the Termination Date in order to remove all of its personal property, equipment and signage (“Personal Property”) from the
Premises. In the event that Tenant does not remove its Personal Property from the Premises prior to such Termination Date, Tenant acknowledges that Landlord shall be entitled, but shall not be obligated, to dispose of said Personal Property in any
manner it deems fit, and charge the cost of such disposal to Tenant. Tenant hereby waives any rights it may have to notice under the applicable “Laws and Regulations” (as that term is defined in Section 2.13 of the Office Lease) with
respect to such Personal Property. 

 9. Governing Law. This Agreement shall be governed and construed under the laws of
the State of Washington. 
 10. Counterparts. This Agreement may be executed in counterparts, each of which shall be
deemed an original, but such counterparts, when taken together, shall constitute one agreement. 
 11. Binding
Effect. This Agreement shall inure to the benefit of, and shall be binding upon, the parties hereto and their respective legal representatives, successors and assigns. 

12. Time of the Essence. Time is of the essence of this Agreement and the provisions contained herein. 

13. Further Assurances. Landlord and Tenant hereby agree to execute such further documents or instruments as may be
necessary or appropriate to carry out the intention of this Agreement. 
 14. Voluntary Agreement. The parties
have read this Agreement and mutual release as contained herein, and on the advice of counsel they have freely and voluntarily entered into this Agreement. 

15. Defined Terms. All terms defined in the Lease when used herein shall have the same meaning as is given such terms in the
Lease unless expressly superseded by the terms of this Agreement. 
 IN WITNESS WHEREOF, Landlord and Tenant have executed this Agreement as
of the day and year first above written. 
  

							
	“LANDLORD”	  	FREMONT LAKE UNION CENTER LLC,
		  	a Delaware limited liability company
			
		  	By:	  	KILROY REALTY, L.P.,
		  		  	a Delaware limited partnership
		  		  	Its Sole Member
				
		  		  	By:	  	Kilroy Realty Corporation,
		  		  		  	a Maryland corporation, doing business in the State of Washington as Kilroy Realty Northwest Corporation
		  		  		  	its General Partner
				
		  		  	By:	  	 /s/ J. Michael Shields

		  		  		  	Name: J. Michael Shields
		  		  		  	Its: Sr. Vice President
				
		  		  	By:	  	 /s/ John T. Fucci

		  		  		  	Name: John T. Fucci
		  		  		  	Its: Sr. Vice President
		  		  		  	      Asset Management
		  		  		  	

							
			
	“TENANT”	  		  	IMPINJ, INC.,
		  		  	a Delaware corporation
				
		  		  	By:	  	 /s/ Evan Fein

		  		  		  	Name: Evan Fein
		  		  		  	Its: CFO
				
		  		  	By:	  	 /s/ Chris Diorio

		  		  		  	Name: Chris Diorio
		  		  		  	Its: CEO

 NOTARY PAGES 

 

			
	STATE OF WA	  	)
		  	) ss.
	COUNTY OF King	  	)

 I certify that I know or have satisfactory evidence that Evan Fein is the person who appeared before me, and
said person acknowledged that (he/she) signed this instrument, on oath stated that (he/she) was authorized to execute the instrument and acknowledged it as the CFO of IMPINJ, INC., a Delaware corporation, to be the free and voluntary act of such
party for the uses and purposes mentioned in the instrument. 
  

	
	Dated: 12/9/14
	
	            /s/ Stacy L. Jones            
	(Signature)
	
	

	
	Title: Notary Public                                 
                      
	Notary Public in and for the State of WA
	My appointment expires: 3/17/18

  

			
	STATE OF WA	  	)
		  	) ss.
	COUNTY OF King	  	)

 I certify that I know or have satisfactory evidence that Chris Diorio is the person who appeared before me,
and said person acknowledged that (he/she) signed this instrument, on oath stated that (he/she) was authorized to execute the instrument and acknowledged it as the CEO of IMPINJ, INC., a Delaware corporation, to be the free and voluntary act of such
party for the uses and purposes mentioned in the instrument. 
  

	
	Dated: 12/9/14
	
	            /s/ Stacy L. Jones            
	(Signature)
	
	

	
	Title: Notary Public                                 
                      
	Notary Public in and for the State of WA
	My appointment expires: 3/17/18

			
	STATE OF WA	  	)
		  	) ss.
	COUNTY OF King	  	)

 I certify that I know or have satisfactory evidence that J. Michael Shields is the person who appeared before
me, and said person acknowledged that (he/she) signed this instrument, on oath stated that (he/she) was authorized to execute the instrument and acknowledged it as the Sr. Vice President of KILROY REALTY CORPORATION, a Maryland corporation, to be
the free and voluntary act of such party for the uses and purposes mentioned in the instrument. 
  

			
	Dated: December 10, 2014	  	

	         /s/ Michelle N. Clingingsmith
	  
	(Signature)	  
	Title: Leasing & Marketing Associate	  
	Notary Public in and for the State of WA	  
	My appointment expires: Sept 29, 2015	  

  

			
	STATE OF CALIFORNIA	  	)
		  	)
	COUNTY OF LOS ANGELES	  	)

 On December 15, 2014, before me, James K. Doyle, a Notary Public, personally appeared John T. Fucci, who
proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature on the instrument the
person, or the entity upon behalf of which the person acted, executed the instrument. 
 I certify under PENALTY OF PERJURY under the laws
of the State of California that the foregoing paragraph is true and correct. 
 WITNESS my hand and official seal. 

 

					
	Signature	 	 /s/ James K. Doyle, Notary PublicLicense Agreement, dated July 3, 2008

 Exhibit 10.24 
 LICENSE AGREEMENT 
 This License Agreement (“Agreement”)
is entered into as of July 3, 2008 (“Effective Date”) by and between Impinj Inc., a Delaware corporation (“Purchaser”), and Intel Corporation, a Delaware corporation (“Seller”). Seller and
Purchaser are sometimes referred to as the “Parties” and each individually as a “Party.” 

WHEREAS, Seller and Purchaser have entered into an Asset Purchase Agreement dated as of the date hereof (the “Asset Purchase
Agreement”), including certain Transfer Documents in connection therewith, pursuant to which Purchaser is to purchase certain specific assets of Seller; and 
 WHEREAS, Seller owns certain valuable Intellectual Property relevant to the assets that are the subject of the Asset Purchase Agreement; and 

WHEREAS, Seller and Purchaser wish to enter into this Agreement with respect to certain of such Intellectual Property in certain
products. 
 NOW, THEREFORE, IN CONSIDERATION OF THE MUTUAL COVENANTS AND PREMISES CONTAINED HEREIN, THE PARTIES AGREE AS
FOLLOWS: 
 ARTICLE I 
 DEFINITIONS 
 1.1 Definitions. Capitalized terms used in this
Agreement shall have the respective meanings ascribed to such terms in Appendix A to this Agreement. Capitalized terms used but not defined in this Agreement shall have the meanings ascribed to such terms in the Asset Purchase Agreement.

 Defined Terms Generally. The definitions set forth in Appendix A or otherwise referred to in this Agreement
shall apply equally to both the singular and plural forms of the terms defined. Whenever the context may require, any pronoun shall include the corresponding masculine, feminine and neuter forms. The words “include,” “includes”
and “including” shall be deemed to be followed by the phrase “without limitation.” The words “hereof,” “herein” and “hereunder” and words of similar import, when used in this Agreement, refer to this
Agreement as a whole and not to any particular provision of this Agreement. References to a Person are also to its permitted successors and assigns. All references herein to Articles, Sections, Exhibits, Appendices and Schedules shall be deemed to
be references to Articles and Sections of, and Exhibits, Appendices and Schedules to, this Agreement unless the context shall otherwise require. Unless the context shall otherwise require, any reference to any contract, instrument, statute,
rule or regulation is a reference to it as amended and supplemented from time to time (and, in the case of a statute, rule or regulation, to any successor provision). Any reference in this Agreement to a “day” or a number of
“days” (without the explicit qualification of “Business”) shall be interpreted as a reference to a calendar day or number of calendar days. If any action is to be taken by any Party hereto pursuant to this Agreement on a day that
is not a Business Day, such action shall be taken on the next Business Day following such day. 
  

	***	Indicates text has been omitted from this Exhibit pursuant to a confidential treatment request and has been filed separately with the Securities and Exchange
Commission. 

 CONFIDENTIAL 
 ARTICLE II 
 PURCHASER LICENSE RIGHTS 

2.1 License to Seller Licensed Patents. Subject to all terms and conditions of this Agreement (including Article V
hereof), Seller hereby grants to Purchaser a non-exclusive, perpetual, non-transferable (except as provided in Section 8.2 hereof), non-assignable (except as provided in Section 8.2 hereof), royalty-free, fully paid-up, worldwide, irrevocable (except as
provided in Article V hereof) license (without the right to sublicense), under only the Licensed Claims of the Seller Licensed Patents, to: 
 (a) make, have made, use, sell, offer for sale, import and export, in each case through all levels of manufacturing and distribution channels for the Licensed Products, the Licensed Products; and

 (b) practice or have practiced any method or process for the manufacture of the Licensed Products. 

For purposes of clarity, (i) the provisions of this Article II are not intended to restrict or expand any right an end user may have to
use a Licensed Product manufactured and sold during the Term of this Agreement in strict accordance with the license granted pursuant to this Section 2.1 and (ii) the incorporation of a Licensed Product into another device or the
combination of a Licensed Product with any other item(s) shall not negate the license with respect to such Licensed Product, but no license or immunity is granted by Seller under this Agreement directly or by implication, estoppel or otherwise for
such device or such combination or the use of such device or such combination. 
 2.2 Clarification Regarding Patent
Laundering. The Parties understand, acknowledge and agree that the Patent license granted by Seller to Purchaser under Section 2.1 above is intended to cover only products of Purchaser that meet the definition of Licensed Products
and is not intended to cover any manufacturing activities that Purchaser may undertake on behalf of any third parties (i.e., Patent laundering activities). A product shall not be considered to be a Licensed Product unless such product is
manufactured by or on behalf of Purchaser in strict accordance with the license granted by Seller to Purchaser pursuant to Section 2.1 above and sold by Purchaser (either directly or through Purchaser’s distribution channels) as
Purchaser’s own product and under Purchaser’s Mark(s) (or, solely as set forth in, and subject to, the Transition Services Agreement between Seller and Purchaser, dated of even date herewith (the “Transition Services
Agreement”), Seller’s Mark(s)), and otherwise complies with this Section 2.2 and the other terms and conditions of this Agreement. Similarly, the Patent license granted by Seller to Purchaser under Section 2.1
above is not intended to cover any services provided by Purchaser to the extent that such services are provided to or on behalf of any third party using tangible or intangible materials provided by or on behalf of any third party. Accordingly, by
way of clarification, the following non-exhaustive general guidelines are provided to aid the determination of whether a product or portion thereof is a Licensed Product or whether such product or portion
thereof is disqualified from being a Licensed Product because circumstances surrounding the manufacture of the product suggest Patent laundering. 

  
 2 

 (a) Any products, components or modules that otherwise meet the definition
of Licensed Products are disqualified as Licensed Products if such products, components or modules are manufactured on behalf of any third party from designs received in a substantially completed form from any third party for resale to or on behalf
of any third party. 
 (b) Any products, components or modules of Purchaser that otherwise meet the definition of
Licensed Products are not disqualified as Licensed Products under the prohibition against Patent laundering set forth in this Section 2.2 if: 
 (i) Purchaser owns the design of and is under no obligation that restricts the sale of such products, components or modules; or 

(ii) Purchaser has an unrestricted license right to the design of such products, components or modules. 

2.3 License to Seller Licensed Trade Secrets. Subject to all terms and conditions of this Agreement, Seller hereby grants to
Purchaser a non-exclusive, perpetual, irrevocable, worldwide, non-transferable (except as provided in Section 8.2 hereof),
non-assignable (except as provided in Section 8.2 hereof), royalty-free, fully paid-up license (without the right to
sublicense), under the Seller Licensed Trade Secrets, to use the Seller Licensed Trade Secrets solely within the Field of Use. Purchaser shall maintain in confidence all Seller Licensed Trade Secrets as the Confidential Information of Seller in
accordance with the Non-disclosure Agreement. Without limiting the generality of the foregoing in this Section 2.3 or the terms and conditions of the
Non-disclosure Agreement, Purchaser shall have no right to disclose to any third party any Seller Licensed Trade Secrets, except as reasonably necessary, and solely to the extent reasonably necessary, in
connection with the manufacture, sale, offering for sale, import, export or other disposition of Licensed Products in accordance with the license granted by Seller to Buyer under Section 2.1 above; provided that any such third
party has agreed in writing to maintain the confidentiality of the Seller Licensed Trade Secrets pursuant to a confidentiality agreement that is no less restrictive than the confidentiality requirements of the
Non-disclosure Agreement. 
 2.4 Use of Seller Marks. Any use by Purchaser of the
Marks of Seller shall be in accordance with and subject to the terms and conditions of the Transition Services Agreement. 
 2.5
Restrictions on Seller. Except as set forth in the Transition Services Agreement and except as provided in Section 3.2 herein, for a period of *** years after the Effective Date, Seller agrees not to (a) make, have made,
sell, license or otherwise provide to any third party the Products or any products derived from and substantially identical to the Products, or (b) sell, license or otherwise provide to any third party the Restricted Documents. 

ARTICLE III 

SELLER LICENSE RIGHTS 
 3.1 Transfer of Technical Information. Seller agrees to convey, transfer and assign to Purchaser all right, title, and interest, subject to the license rights granted back to Seller pursuant

  
  

	***	Indicates text has been omitted from this Exhibit pursuant to a confidential treatment request and has been filed separately with the Securities and Exchange
Commission. 

  
 3 

 
to Section 3.2 herein, that Seller may have in the documents and other tangible materials and things set forth on Exhibit A to the Asset Purchase Agreement
(“Technical Information”) pursuant to an operative transfer provision in the Asset Purchase Agreement (and/or an instrument of assignment attached thereto). Notwithstanding the foregoing in this Section 3.1, Seller may
retain copies of the Technical Information, subject to the license rights granted back to Seller pursuant to Section 3.2 herein. Seller shall maintain in confidence the Technical Information as the Confidential Information of Purchaser
in accordance with the terms of the Non-disclosure Agreement. 
 3.2 License Back to
Seller. Purchaser hereby grants to Seller a non-exclusive, worldwide, perpetual, irrevocable, royalty-free, fully paid-up
license (without the right to sublicense), under any Intellectual Property or other rights in or to the Technical Information transferred to Purchaser as set forth in Section 3.1 above, to use, reproduce, modify, adapt, create derivative
works of, perform, display and otherwise exploit the Technical Information in and in connection with any Seller Products solely outside the Field of Use, and to make, have made, use, sell, offer to sell, import, export and otherwise exploit any such
Seller Products. Seller has the right to disclose the Technical Information to third parties for the purpose of the manufacture, sale, offering for sale, import, export or other disposition of Seller Products solely outside the Field of Use in
accordance with the license rights granted by Purchaser to Seller under this Section 3.2; provided that any such third party has agreed in writing to maintain the confidentiality of the Technical Information pursuant to a
confidentiality agreement that is no less restrictive than the confidentiality requirements of the Non-disclosure Agreement. 
 3.3 Purchaser Covenant Not to Sue. 
 (a) From and after the
Closing Date, Purchaser hereby covenants and agrees, subject to the terms and conditions of this Agreement (including Section 3.3(b) below), the Asset Purchase Agreement and the Transfer Documents, on behalf of itself and its Affiliates
and Purchaser’s and its Affiliates’ respective officers, directors, employees and agents, or any of them in their respective capacity as such, that none of them will Assert (whether in law or in equity) against any Covered Seller Party any
claim that the manufacture, use, import, export, offer for sale, sale, distribution or other exploitation of any Seller Product or any process or method employed in the manufacture, testing, distribution, use or other exploitation of any Seller
Product infringes, directly or indirectly, any Purchaser Patent (the foregoing covenant, the “Purchaser Covenant”). 
 (b) (i) If Seller or any of its Affiliates makes a Prohibited Claim against a Covered Purchaser Party, Purchaser shall deliver to Seller a written notice of termination of the Purchaser Covenant. If
Seller or its Affiliate, as applicable, fails to dismiss or have dismissed such Prohibited Claim with prejudice within thirty (30) days after Seller’s receipt of such termination notice, the Purchaser Covenant shall terminate and be null
and void at the end of such thirty (30) day period with respect to all Covered Seller Parties, without giving rise in and of itself to any right of Seller pursuant to Section 5.3 herein to terminate the Patent license granted by
Seller to Purchaser under Section 2.1 above; provided that Purchaser (on behalf of itself and each of its Affiliates) waives any claims, damages or liability with respect to any

  
 4 

 
activities of any Covered Seller Parties within the scope of the Purchaser Covenant prior to the date of such termination of the Purchaser Covenant. 

(ii) If a Covered Seller Party that is not Seller, an Affiliate of Seller or a Seller Indemnified Party makes a Prohibited
Claim against a Covered Purchaser Party, Purchaser shall deliver to Seller and such Covered Seller Party a written notice of termination of the Purchaser Covenant only with respect to such Covered Seller Party. If such a Covered Seller Party fails
to dismiss or have dismissed such Prohibited Claim with prejudice within thirty (30) days after such Covered Seller Party’s receipt of such termination notice, the Purchaser Covenant shall terminate and be null and void at the end of such
thirty (30) day period with respect only to such Covered Seller Party, without giving rise in and of itself to any right of Seller pursuant to Section 5.3 herein to terminate the Patent license granted by Seller to Purchaser under
Section 2.1 above; provided that Purchaser (on behalf of itself and each of its Affiliates) waives any claims, damages or liability with respect to any activities of such Covered Seller Party within the scope of the Purchaser
Covenant prior to the date of such termination of such Purchaser Covenant. 
 (iii) For purposes of this
Section 3.3(b), “Prohibited Claim” means an Assertion by a Covered Seller Party against a Covered Purchaser Party of a claim that the manufacture, use, import, export, offer for sale, sale, distribution or other
exploitation of any product or any process or method employed in the manufacture, testing, distribution, use or other exploitation thereof, in each of the foregoing cases in the Field of Use, infringes, directly or indirectly, any Patent of such
Covered Seller Party. 
 (iv) For purposes of this Section 3.3(b), “Seller Indemnified
Party” means any Covered Seller Party to whom Seller or any of its Affiliates have, as of the Effective Date, an obligation to indemnify in the event Purchaser Asserts against such Covered Seller Party any claim that the manufacture, use,
import, export, offer for sale, sale, distribution or other exploitation of any Seller Product or any process or method employed in the manufacture, testing, distribution, use or other exploitation of any Seller Product infringes, directly or
indirectly, any Purchaser Patent. 
 (c) In the event that Purchaser or any of its Affiliates (or any Purchaser
Patent Successor) intends to sell, assign, transfer or convey (expressly or by operation of law or otherwise), or exclusively license or grant or convey any right to enforce or Assert, or otherwise dispose of any Purchaser Patent (“Purchaser
Patent Sale”) to any third party, then, prior to such Purchaser Patent Sale, Purchaser (or such Purchaser Patent Successor) agrees to cause any such third party to grant a covenant not to sue with respect to such Purchaser Patent(s) in
writing of the same scope and having all of the same terms as the covenant not to sue granted by Purchaser to Seller and the Covered Seller Parties in Section 3.3(a) above. In the event Purchaser (or such Purchaser Patent Successor) is
unable to cause any such third party to comply in full with the foregoing sentence prior to any such Purchaser Patent Sale, then, effective immediately prior to the closing of such Purchaser Patent Sale, Purchaser (or such Purchaser Patent
Successor) agrees to grant and does hereby grant to Seller and its Affiliates a perpetual, irrevocable, non-exclusive, royalty-free,
non-assignable (except as provided in Section 8.2 hereof), sublicensable, 

  
 5 

 
non-transferable (except as provided in Section 8.2 hereof), worldwide license (the rights of which shall extend and apply to Seller’s and
its Affiliates’ direct and indirect suppliers, distributors and customers), solely under the Purchaser Patent(s) that is or are the subject of such Purchaser Patent Sale, to: 

(i) make, have made, use, sell, offer to sell, import, export and otherwise exploit and dispose of, in each case through
all levels of manufacturing and distribution channels for Seller Products, all Seller Products; and 
 (ii)
practice or have practiced any method or process for the manufacture, testing, distribution, use or other exploitation or other disposition of Seller Products; 
 and such Purchaser Patent Sale of such Purchaser Patent(s) shall be deemed subject to such license to Seller and its Affiliates, and the third party to which such Purchaser Patent Sale is made shall
simultaneously assume such license in writing. Any such Purchaser Patent Sale without such written assumption of the foregoing license by such third party shall be null and void ab-initio and of no force or
effect. For the avoidance of doubt, this Section 3.3 applies only to Purchaser Patents and does not extend or purport to extend to any Patent of any third party or its Affiliates other than any Purchaser Patent owned by such third party
or its Affiliates as a result of a Purchaser Patent Sale. For the purposes of this Section 3.3, “Purchaser Patent Successor” shall mean any Person to which a Purchaser Patent is sold, assigned, transferred, conveyed or
otherwise disposed of, or that is granted or conveyed an exclusive license or any right to enforce or Assert a Purchaser Patent. 

ARTICLE IV 

NO OTHER RIGHTS 
 4.1 No Other Rights. No other rights are granted or licensed by either Party to the other Party under this Agreement, by implication, estoppel, statute or otherwise, except as expressly provided in
Article II and Article III of this Agreement. Without limiting the generality of the foregoing, (a) nothing in the licenses granted in Article II above shall expressly or by implication, estoppel or otherwise
give Purchaser any right to license or sublicense any of the Seller Licensed Patents to any third party, and (b) nothing in this Agreement grants or otherwise provides Purchaser with any rights whatsoever under any claims of any Patent other
than the Licensed Claims of the Seller Licensed Patents. 
 4.2 No Delivery or Support. Nothing in this Agreement shall
be construed to require any delivery of any physical devices, software, source code, object code or other items by one Party to the other Party, or to require any support obligations whatsoever on the part of Seller with respect to any physical
devices, software, source code, object code or other items; to the extent the Parties have agreed upon provisions related to such delivery or such support obligations, such provisions are contained in the Asset Purchase Agreement or another Transfer
Document, and are not a part of this Agreement. 

  
 6 

 4.3 No Third Party Rights. Notwithstanding any provision of this Agreement to the
contrary, the Parties acknowledge and agree that Seller is not transferring to Purchaser hereunder, or purporting to transfer to Purchaser hereunder, ownership of any Intellectual Property rights that are owned by any third party. Notwithstanding
any provision of this Agreement to the contrary, the Parties acknowledge and agree that Seller is not licensing to Purchaser hereunder, or purporting to license to Purchaser hereunder (or granting any other rights to Purchaser hereunder with respect
to, or purporting to grant any other rights to Purchaser hereunder with respect to) any Intellectual Property rights that are owned by any third party. 
 4.4 Ownership of Seller Licensed Patents and Seller Licensed Trade Secrets. As between the Parties, and subject only to the licenses granted by Seller to Purchaser under Article II
above, Seller retains and owns all right, title and interest in and to the Seller Licensed Patents and the Seller Licensed Trade Secrets. 
 ARTICLE V 
 EFFECTIVE DATE, TERM AND TERMINATION 

5.1 Term. This Agreement and the rights and licenses granted hereunder shall become effective on the Effective Date. Subject to
the survival provisions of Section 5.4 hereof, this Agreement shall continue in effect unless and until terminated pursuant to Section 5.2 or Section 5.3 hereof (the “Term”). 

5.2 Termination. 
 (a) Bankruptcy or Insolvency. Subject to the survival provisions of Section 5.4 hereof, this Agreement shall automatically terminate upon the occurrence of any of the following events:

 (i) any adjudication that a Party is bankrupt or insolvent; 

(ii) the filing by a Party of a petition in bankruptcy or insolvency, any petition or answer seeking reorganization,
readjustment or arrangement of its business under any law relating to bankruptcy or insolvency; 
 (iii) the
appointment of a trustee in bankruptcy for all or substantially all of the property of a Party; or 
 (iv) the
making by a Party of any assignment for the benefit of creditors; 
 unless such Party continues as an operational entity and, in the case of
Purchaser, continues to conduct its business related to the Licensed Products. 
 (b) Breach. Subject to
the survival provisions of Section 5.4 hereof, Seller shall have the right to terminate this Agreement upon thirty (30) days prior written notice to 

  
 7 

 
Purchaser of the occurrence of any of the following events, if Purchaser does not cure its default within such time: 

(i) Purchaser breaches its confidentiality obligations with respect to any Trade Secrets licensed to Purchaser as set
forth under this Agreement and the Non-disclosure Agreement; or 
 (ii)
Purchaser breaches Section 2.1, Section 2.2 and/or Section 3.3 hereof. 
 Prior to Seller’s providing
of any such notice pursuant to this Section 5.2(b), the Parties shall attempt to resolve any dispute regarding Seller’s right to terminate this Agreement pursuant to this Section 5.2(b) in accordance with the terms of
Section 8.10(a) hereof, provided that Seller may provide such notice immediately after the Parties meet with an impartial mediator as provided in Section 8.10(a) hereof if any disagreement remains after such meeting.

 5.3 Termination Due to Proceedings. 

(a) The Patent license that is granted to Purchaser under Section 2.1 above is subject to the ongoing
condition, which condition is further subject to Section 5.3(b) hereof, that neither Purchaser nor any of its Affiliates shall Assert against any Covered Seller Party any claim that the manufacture, use, import, export, sale, offer for
sale, distribution or other exploitation of any Seller Product or any process or method employed in the manufacture, testing, distribution, use or other exploitation of any Seller Product infringes, directly or indirectly, any Patent of Purchaser or
any of Purchaser’s Affiliates. Upon any such Assertion by Purchaser or any of its Affiliates (except where Seller or an Affiliate of Seller has first Asserted or threatened in writing to Assert a Patent-related action against Purchaser or a
Covered Purchaser Party), Seller shall deliver to Purchaser a written notice of termination of the Patent license granted by Seller under Section 2.1 above. If Purchaser fails to dismiss or have dismissed any such Assertion with
prejudice within thirty (30) days after Purchaser’s receipt of such termination notice, the Patent license granted by Seller to Purchaser under Section 2.1 above shall immediately and automatically (without any action required
by Seller) terminate at the end of such thirty (30) day period. For the avoidance of doubt, this Section 5.3(a) survives and remains applicable to Purchaser even after any Change of Control. 

(b) Notwithstanding the foregoing provisions of Section 5.3(a) above, Seller may not terminate the Patent
license granted by Seller to Purchaser under Section 2.1 above as a result of a counterclaim by Purchaser in a Patent infringement lawsuit initiated by Seller. 
 5.4 Survival. The provisions of Article I, Section 2.3, Section 3.1, Section 3.2, Section 3.3, Article IV, this
Section 5.4, Article VI, Article VII and Article VIII will survive any termination of this Agreement. 

  
 8 

 ARTICLE VI 
 DISCLAIMER 
 6.1 Disclaimer. Excepting only those representations
and warranties, if any, that are expressly set forth in the Asset Purchase Agreement, and notwithstanding any provision of this Agreement, any Transfer Document or any other agreement to the contrary, Seller makes no warranty or representation to
Purchaser with respect to any Intellectual Property rights. Nothing contained in this Agreement shall be construed as: 
 (a) a warranty or representation by Seller as to the validity, enforceability or scope of any Patent rights or other Intellectual Property rights; or 

(b) a warranty or representation that any manufacture, sale, lease, use or other disposition or exploitation of any
Licensed Products will be free from infringement or misappropriation of any Patent rights or other Intellectual Property rights of either Party or any third party; or 

(c) (i) an agreement by or obligation of a Party that licensed to the other Party any Intellectual Property or Technology
hereunder to bring or prosecute any actions or suits against any third parties for infringement or misappropriation of such Intellectual Property or Technology or to otherwise enforce such Intellectual Property or Technology against any third party,
or (ii) conferring any right on a Party licensed under any Intellectual Property or Technology hereunder to bring or prosecute actions or suits against any third parties for infringement or misappropriation of such Intellectual Property or
Technology or to otherwise enforce such Intellectual Property or Technology against any third party; or 
 (d)
other than as specifically set forth in the Transition Services Agreement, conferring to either Party any right to use, in advertising, publicity or otherwise, any Mark of the other Party, or any contraction, abbreviation or simulation thereof, or
any Mark confusingly similar thereto; or 
 (e) conferring, by implication, estoppel or otherwise, upon any Party
licensed hereunder, any license or other right under any Patent, Copyright, Trade Secret, Mark or other Intellectual Property right except the licenses and rights expressly granted hereunder; or 

(f) an obligation on Seller’s part to furnish any know-how to Buyer related
to any Patents; or 
 (g) a requirement that either Party file any Patent application, secure any Patent, or
maintain any Patent in force. 
 6.2 NO IMPLIED WARRANTIES. EXCEPT AS EXPLICITLY SET FORTH IN THE ACCOMPANYING ASSET
PURCHASE AGREEMENT, SELLER LICENSES AND PROVIDES THE SELLER LICENSED PATENTS AND SELLER LICENSED TRADE SECRETS, AND PURCHASER LICENSES AND PROVIDES THE TECHNICAL INFORMATION, ON AN “AS IS” BASIS, AND EACH PARTY EXPRESSLY DISCLAIMS

  
 9 

 
ANY REPRESENTATIONS, WARRANTIES OR CONDITIONS, EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, WITH RESPECT TO THE SAME, INCLUDING ANY WARRANTY OF MERCHANTABILITY,
NON-INFRINGEMENT OF THIRD PARTY INTELLECTUAL PROPERTY RIGHTS OR FITNESS FOR A PARTICULAR PURPOSE. 
 ARTICLE VII 
 LIMITATION OF LIABILITY 

7.1 NEITHER PARTY SHALL UNDER ANY CIRCUMSTANCES BE LIABLE TO THE OTHER FOR ANY EXEMPLARY, SPECIAL, INCIDENTAL OR CONSEQUENTIAL DAMAGES,
INCLUDING COMPENSATION OR DAMAGES FOR LOSS OF PRESENT OR PROSPECTIVE PROFITS OR REVENUES, OR EXPENDITURES, INVESTMENTS OR COMMITMENTS MADE IN CONNECTION WITH THE ESTABLISHMENT OF THIS AGREEMENT, OR COST OF PROCUREMENT OF SUBSTITUTE INTELLECTUAL
PROPERTY, TECHNOLOGY, PRODUCTS OR SERVICES; EVEN IF SUCH PARTY HAS BEEN ADVISED OF ANY SUCH DAMAGES AND REGARDLESS OF THE LEGAL THEORY ON WHICH SUCH DAMAGES MAY BE BASED; PROVIDED, HOWEVER, WITHOUT LIMITING THE GENERALITY OF THE
FOREGOING, THE PARTIES HERETO ACKNOWLEDGE THAT PURCHASER SHALL BE ENTITLED TO RECOVER FOR LOSS OF PROFITS RESULTING FROM SELLER’S BREACH OF SECTION 2.5 HEREOF. 
 ARTICLE VIII 
 MISCELLANEOUS PROVISIONS 

8.1 Authority. Each of the Parties hereto represents and warrants that it has the right to enter into this Agreement and perform
all of its obligations hereunder. 
 8.2 No Assignment. This Agreement is personal to the Parties. This Agreement shall
be binding upon and inure to the benefit of the Parties and their respective successors and permitted assigns. No assignment of this Agreement or of any rights or obligations hereunder may be made by either Seller or Purchaser, directly or
indirectly (by operation of law or otherwise), without the prior written consent of the other Party hereto and any attempted assignment without the required consents shall be void, except that either Party may assign this Agreement or any of its
rights, interests or obligations hereunder as part of the sale or transfer of all or substantially all of the assets or stock of such Party or the business of such Party to which this Agreement relates. No assignment of this Agreement or any
obligations hereunder shall relieve the Parties hereto of any such obligations. Upon any such permitted assignment, the references in this Agreement to Purchaser or Seller shall also apply to any such assignee of Purchaser or Seller, respectively,
unless the context otherwise requires. 
 8.3 Notice of Change of Control. Promptly upon the earlier of a Party’s
approving or entering into any transaction constituting a Change of Control or an announcement by such Party or any other Person of a Change of Control of such Party, such Party shall give the other Party written notice thereof, describing in
reasonable detail the applicable Change of Control and identifying each Person that is a party to such transaction or transactions. 

  
 10 

 8.4 Notices. All notices and other communications pursuant to this Agreement shall be
in writing and shall be deemed given if delivered personally, telecopied, nationally-recognized overnight courier or mailed by registered or certified mail (return receipt requested), postage prepaid, to the Parties at the addresses set forth below
or to such other address as the Party to whom notice is to be given may have furnished to the other Party hereto in writing in accordance herewith. Any such notice or communication shall be deemed to have been delivered and received (a) in the
case of personal delivery, on the date of such delivery, (b) in the case of telecopier, on the date sent if confirmation of receipt is received and such notice is also promptly mailed by registered or certified mail (return receipt requested),
(c) in the case of a nationally-recognized overnight courier in circumstances under which such courier guarantees next Business Day delivery, on the next Business Day after the date when sent and (d) in the case of mailing, on the third
Business Day following that on which the piece of mail containing such communication is posted: 
  

					
		 	if to Seller:	  	 Intel Corporation
 2200
Mission College Boulevard
 Santa Clara, CA 95054
 Telecopier:
 Attention: General Counsel

			
		 	and:	  	 Intel Corporation
 2200
Mission College Boulevard
 Santa Clara, CA 95054
 Telecopier:
 Attention: Treasurer

			
		 	with a copy to: (which shall not constitute notice)	  	 Weil, Gotshal, Manges LLP

201 Redwood Shores Parkway
 Redwood Shores,
California 94065
 Telecopier:

Attention: Richard S. Millard

			
		 	if to Purchaser:	  	 Impinj Inc.
 701 North 34th
Street, Suite 300
 Seattle, WA 98103

Telecopier:
 Attention: Vice President,
Finance

			
		 	 with a copy to:
 (which shall
not constitute notice)
	  	 Wilson Sonsini Goodrich & Rosati, P.C.
 701 Fifth Avenue, Suite 5100
 Seattle, Washington 98104

Telecopier:
 Attention: Patrick J.
Schultheis

  
 11 

 or to such other address as the person to whom notice is given may have previously furnished to the others
in writing in the manner set forth above. 
 8.5 No Presumption Against Drafting Party. Each of Purchaser and Seller
acknowledges that it has participated jointly in the negotiation and drafting of this Agreement and has been represented by counsel in connection therewith. Accordingly, each of Purchaser and Seller hereby acknowledges that this Agreement shall be
construed as jointly drafted by the Parties and no presumption or burden of proof shall arise favoring or disfavoring any Party by virtue of authorship of any provision or this Agreement, and any rule of Law or any legal decision that would require
interpretation of any claimed ambiguities in this Agreement against the drafting Party has no application and is expressly waived. 
 8.6 Severability. If any term or other provision of this Agreement is invalid, illegal, or incapable of being enforced by any Law or public policy, all other terms or provisions of this Agreement
shall nevertheless remain in full force and effect so long as the economic or legal substance of the transactions contemplated hereby is not affected in any manner materially adverse to any Party. Upon such determination that any term or other
provision is invalid, illegal, or incapable of being enforced, the Parties shall negotiate in good faith to modify this Agreement so as to effect the original intent of the Parties as closely as possible in an acceptable manner in order that the
transactions contemplated hereby are consummated as originally contemplated to the greatest extent possible. 
 8.7 Taxes and
Expenses. Except as otherwise provided in the Asset Purchase Agreement, all costs and expenses (including any Taxes as defined in the Asset Purchase Agreement) incurred in connection with this Agreement and in closing and carrying out the
transactions contemplated hereby and thereby shall be paid by the Party incurring such cost or expense. 
 8.8 Entire
Agreement; Amendments and Waivers. This Agreement (including the Schedules, Exhibits and Appendices hereto), the Asset Purchase Agreement and the other Transfer Documents represent the entire understanding and agreement between the Parties with
respect to the subject matter hereof and thereof and supersede all prior and contemporaneous agreements, understandings and negotiations, both written and oral, express or implied, between and among the Parties with respect to the subject matter of
this Agreement. No representation, warranty, promise, inducement or statement of intention has been made by either Party that is not embodied in this Agreement, the Asset Purchase Agreement or the other Transfer Documents, and neither Party shall be
bound by, or be liable for, any alleged representation, warranty, promise, inducement or statement of intention not embodied herein or therein. This Agreement can be amended, supplemented or changed, and any provision hereof can be waived, only by
written instrument making specific reference to this Agreement signed by both Parties. No action taken pursuant to this Agreement, including any investigation by or on behalf of any Party, shall be deemed to constitute a waiver by the Party taking
such action of compliance with any representation, warranty, covenant or agreement contained herein. The waiver by any Party hereto of a breach of any provision of this Agreement shall not operate or be construed as a further or continuing waiver of
such breach or as a waiver of any other or subsequent breach. No 

  
 12 

 
failure on the part of any Party to exercise, and no delay in exercising, any right, power or remedy hereunder shall operate as a waiver thereof, nor shall any single or partial exercise of such
right, power or remedy by such Party preclude any other or further exercise thereof or the exercise of any other right, power or remedy. In addition, the provisions of Section 5.3 of this Agreement will not be triggered by the initiation
of an action by either Party for contractual breach of one or more of this Agreement, the Asset Purchase Agreement, the other Transfer Documents or the Non-disclosure Agreement. 

8.9 Governing Law. This Agreement shall be governed by and construed in accordance with the laws of the State of Delaware
applicable to contracts made and performed in such State without giving effect to the choice of law principles of such State that would require or permit the application of the laws of another jurisdiction. 

8.10 Dispute Resolution; Submission to Jurisdiction; Consent to Service of Process. 

(a) All disputes arising directly under this Agreement or the grounds for termination thereof shall be resolved as
follows: The senior management of both Parties shall meet to attempt to resolve any such dispute. If the dispute cannot be resolved by the senior management, either Party may make a written demand for formal dispute resolution and specify therein
the scope of the dispute. Within thirty (30) days after such written notification, the Parties agree to meet for one day with an impartial mediator and consider dispute resolution alternatives other than litigation. If an alternative method of
dispute resolution is not agreed upon within thirty (30) days after the one-day mediation, either Party may begin litigation proceedings. 

(b) Notwithstanding the provisions of Section 8.10(a), each Party shall have the right, without the
requirement of first seeking a remedy through any dispute resolution alternative (including arbitration) that has been agreed upon, to seek preliminary injunctive or other equitable relief in any proper court in the event that such Party determines
that eventual redress through the dispute resolution alternative will not provide a sufficient remedy for any violation of this Agreement by the other Party. 
 (c) The Parties hereby irrevocably submit to the jurisdiction of the courts of the State of California and the Federal courts of the United States of America, in each case located in the County of Santa
Clara, solely in respect of the interpretation and enforcement of the provisions of this Agreement and of the documents referred to in this Agreement, and in respect of the transactions contemplated hereby, and hereby waive, and agree not to assert,
as a defense in any action, suit or proceeding for the interpretation or enforcement hereof or of any such document, that it is not subject thereto or that such action, suit or proceeding may not be brought or is not maintainable in said courts or
that the venue thereof may not be appropriate or that this Agreement or any such document may not be enforced in or by such courts. The Parties hereby consent to and grant any such court jurisdiction over the person of such Parties and over the
subject matter of such dispute. 

  
 13 

 (d) EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY WHICH MAY ARISE
UNDER THIS AGREEMENT IS LIKELY TO INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH SUCH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT SUCH PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LITIGATION DIRECTLY OR
INDIRECTLY ARISING OUT OF OR RELATING TO THIS AGREEMENT OR ANY OF THE OTHER TRANSACTION DOCUMENTS OR THE TRANSACTIONS CONTEMPLATED BY THIS AGREEMENT OR ANY OF THE OTHER TRANSACTION DOCUMENTS. EACH PARTY CERTIFIES AND ACKNOWLEDGES THAT (I) NO
REPRESENTATIVE, AGENT OR ATTORNEY OF ANY OTHER PARTY HAS REPRESENTED, EXPRESSLY OR OTHERWISE, THAT SUCH OTHER PARTY WOULD NOT, IN THE EVENT OF LITIGATION, SEEK TO ENFORCE THE FOREGOING WAIVER, (II) EACH SUCH PARTY UNDERSTANDS AND HAS CONSIDERED THE
IMPLICATIONS OF THIS WAIVER, (III) EACH SUCH PARTY MAKES THIS WAIVER VOLUNTARILY, AND (IV) EACH SUCH PARTY HAS BEEN INDUCED TO ENTER INTO THIS AGREEMENT BY, AMONG OTHER THINGS, THE WAIVERS AND CERTIFICATIONS IN THIS SECTION 8.10.

 (e) Each of the Parties hereby consents to process being served by any Party to this Agreement in any suit,
action or proceeding by the delivery of a copy thereof in accordance with the provisions of Section 8.4. 
 8.11
Specific Performance. The Parties hereby acknowledge and agree that the breach of or failure of any Party to perform its agreements and covenants hereunder, including its failure to take all actions as are necessary on its part to the
consummation of the transactions contemplated herein, may cause irreparable injury to the other Party, for which damages, even if available, may not be an adequate remedy. Accordingly, each Party hereby consents to the issuance of injunctive relief
by any court of competent jurisdiction to compel performance of such Party’s obligations and to the granting by any court of the remedy of specific performance of its obligations hereunder. 

8.12 Confidentiality of Terms. The terms of this Agreement shall be expressly subject to the confidentiality requirements of the
Asset Purchase Agreement and the Non-disclosure Agreement. 
 8.13 Compliance with
Laws. Notwithstanding anything contained in this Agreement to the contrary, the obligations of the Parties hereto and of the Affiliates of the Parties shall be subject to all laws, present and future, of any government having jurisdiction over
the Parties hereto or the Affiliates of the Parties, and to orders, regulations, directions or requests of any such government. 

8.14 Force Majeure. The Parties hereto shall be excused from any failure to perform any obligation hereunder to the extent such
failure is caused by war, acts of public enemies, strikes or other labor disturbances, fires, floods, acts of God, or any causes of like or different kind beyond the control of the Parties. 

  
 14 

 8.15 Third Party Beneficiaries. No provision of this Agreement shall create any third
party beneficiary rights in any Person, including any employee or former employee of Seller or any Affiliate thereof (including any beneficiary or dependent thereof). 
 8.16 Counterparts. This Agreement may be executed in one or more counterparts, each of which will be deemed to be an original copy of this Agreement and all of which, when taken together, will be
deemed to constitute one and the same agreement. 
 8.17 Headings. The headings in this Agreement are for convenience of
reference only and shall not affect or be utilized in construing or interpreting this Agreement. 
 [REMAINDER OF PAGE
INTENTIONALLY LEFT BLANK] 

  
 15 

 IN WITNESS WHEREOF, the parties hereto have caused this Agreement to be duly executed as of
the Effective Date. 
  

									
	INTEL CORPORATION	 	IMPINJ INC.
					
	By:	 	/s/ Ravi Jacob	 		 	By:	 	/s/ Evan Fein
	Name:	 	Ravi Jacob	 		 	Name:	 	Evan Fein
	Title:	 	Vice President & Treasurer	 		 	Title:	 	VP Finance

 [SIGNATURE PAGE TO LICENSE AGREEMENT 

BETWEEN INTEL CORPORATION AND IMPINJ, INC.] 

 Schedule A 

RFID Patents of a Purchaser 
 US APPLICATION FILED AND PENDING — RFID 
  

							
	 Item No.
	  	 Filed regular -
formal title
	  	Filed regular - serial
number	  	Filed regular (non
provisional) (date)
	 1    
	  	RFID Tag Systems, RFID Tags and RFID Processes Using N-ary FSK	  	11/090,961	  	3/25/2005
	 2    
	  	RFID Tag Systems, RFID Tags and RFID Processes With Branch Node Indexing	  	11/090,899	  	3/25/2005
	 3    
	  	RFID TAG UNCOUPLING ONE OF ITS ANTENNA PORTS AND METHODS	  	10/891,894	  	7/14/2004
	 4    
	  	INTERFERENCE CANCELLATION IN RFID SYSTEMS	  	10/981,893	  	11/5/2004
	 5    
	  	DECODING WITH MEMORY IN RFID SYSTEM	  	10/861,073	  	6/4/2004
	 6    
	  	RFID READERS TRANSMITTING PREAMBLES DENOTING DATA RATE AND METHODS	  	10/890,662	  	7/13/2004
	 7    
	  	RFID READERS TRANSMITTING PREAMBLES DENOTING COMMUNICATION PARAMETERS AND RFID TAGS INTERPRETING THE SAME AND METHODS	  	10/890,976	  	7/13/2004
	 8    
	  	RFID JOINT ACQUISITION OF TIME SYNC AND TIMEBASE	  	11/136,948	  	5/24/2005
	 9    
	  	METHOD AND SYSTEM TO CALIBRATE AN OSCILLATOR WITHIN AN RFID CIRCUIT UTILIZING A TEST SIGNAL SUPPLIED TO THE RFID CIRCUIT	  	10/824,071	  	4/13/2004
	 10    
	  	On Die RFID Tag Antenna	  	11/069,005	  	2/28/2005
	 11    
	  	RFID TAG CIRCUITS OPERABLE AT DIFFERENT SPEEDS	  	11/707,509	  	2/15/2007
	 12    
	  	Radio Frequency Identification Tag Antenna Assembly	  	29/220,504	  	12/30/2004
	 13    
	  	Conductor For Radio Identification Tag Antenna Assembly	  	29/220,496	  	12/30/2004
	 14    
	  	RFID SYSTEM COMPONENTS IMPLEMENTING ADJUSTED BACKSCATTER CALCULATIONS AND METHODS	  	11/114,614	  	4/25/2005
	 15    
	  	SELECTING RFID TAGS USING MEMORY-MAPPED PARAMETERS	  	11/217,616	  	8/31/2005
	 16    
	  	RFID TAGS WITH POWER RECTIFIERS THAT HAVE BIAS	  	11/236,709	  	9/26/2005
	 17    
	  	On Wafer Testing of RFID Tag Circuit With Pseudo Antenna Signal	  	11/325,988	  	1/4/2006
	 18    
	  	INVENTORYING RFID TAGS BY EMPLOYING A QUERY PARAMETER Q THAT IS ADJUSTED FOR IMPROVING	  	11/210,384	  	8/24/2005
	 19    
	  	CHANGING MANNER OF DETERMINING A QUERY PARAMETER Q USED FOR INVENTORYING RFID TAGS	  	11/210,575	  	8/24/2005
	 20    
	  	PREVENTING COMMUNICATION CONFLICT WITH OTHER RFID READERS	  	11/195,468	  	8/1/2005
	 21    
	  	ERROR RECOVERY IN RFID READER SYSTEMS	  	11/388,235	  	3/22/2006
	 22    
	  	RFID TAG USING UPDATABLE SEED VALUES FOR GENERATING A RANDOM NUMBER	  	11/251,122	  	10/13/2005
	 23    
	  	RFID TAG WITH RANDOM NUMBER GENERATOR HAVING A NOISE- BASED INPUT	  	11/355,665	  	2/15/2006
	 24    
	  	STORING AND RETRIEVING A QUERY PARAMETER Q USED FOR INVENTORYING RFID TAGS	  	11/210,418	  	8/24/2005
	 25    
	  	INVENTORYING RFID TAGS BY EMPLOYING A QUERY PARAMETER Q THAT CONVERGES HEURISTICALLY	  	11/210,573	  	8/24/2005
	 26    
	  	INTERFERENCE REJECTION IN RFID TAGS	  	11/386,177	  	3/22/2006
	 27    
	  	ADJUSTING RFID WAVEFORM SHAPE IN VIEW OF DETECTED RF ENERGY	  	11/412,170	  	4/25/2006
	 28    
	  	RFID TAGS HAVING A RECTIFIER CIRCUIT INCLUDING A DUAL- TERMINAL RECTIFIER DEVICE	  	11/484,523	  	7/10/2006
	 29    
	  	AUTOMATIC ON-DIE DEFECT ISOLATION	  	11/336,161	  	1/20/2006
	 30    
	  	RFID TAG SWITCHED CAPACITOR SLICER THRESHOLD	  	11/340,033	  	1/26/2006
	 31    
	  	ADAPTIVELY ADJUSTING A QUERY PARAMETER Q USED FOR INVENTORYING RFID TAGS	  	11/210,422	  	8/24/2005
	 32    
	  	LOCAL PROCESSING OF RECEIVED RFID TAG RESPONSES	  	11/472,179	  	6/20/2006
	 33    
	  	CIRCUITS FOR RFID TAGS WITH MULTIPLE NON-INDEPENDENTLY DRIVEN RF PORTS	  	11/213,631	  	8/26/2005
	 34    
	  	RFID TAGS COMBINING SIGNALS RECEIVED FROM MULTIPLE RF PORTS	  	11/213,632	  	8/26/2005
	 35    
	  	RACE FLAG FEATURE FOR RADIO FREQUENCY IDENTIFICATION TAG ANTENNA LAYOUT	  	29/239,503	  	9/30/2005
	 36    
	  	RFID TAG CIRCUITS USING RING FET	  	11/489,019	  	7/18/2006

							
	 37    
	  	HANDLING LEGITIMATE AND UNAUTHORIZED ITEMS IN SUPPLY CHAIN ACCORDING TO AUTHENTICATION OF THEIR RFID TAGS	  	11/637,372	  	12/11/2006
	 38    
	  	RFID READER SYSTEMS AIDED BY RF POWER MEASUREMENT	  	11/622,066	  	1/11/2007
	 39    
	  	RFID Reader Systems Detecting Pilot Tone	  	11/622,092	  	1/11/2007
	 40    
	  	Discontinuous-Loop RFID Reader Antenna and Methods	  	11/623,403	  	1/16/2007
	 41    
	  	RFID TAGS CIRCUITS AND METHODS FOR SENSING OWN POWER TO PREDETERMINE FEASIBILITY OF REQUESTED ACTION	  	11/624,197	  	1/17/2007
	 42    
	  	ADJUSTING RFID WAVEFORM SHAPE IN VIEW OF SIGNAL FROM ANOTHER READER	  	11/412,192	  	4/25/2006
	 43    
	  	ADJUSTING RFID WAVEFORM SHAPE IN VIEW OF SIGNAL FROM AN RFID TAG	  	11/411,657	  	4/25/2006
	 44    
	  	PERFORMANCE DRIVEN ADJUSTMENT OF RFID WAVEFORM SHAPE	  	11/412,172	  	4/25/2006
	 45    
	  	RECONSTRUCTING RFID WAVEFORM SHAPE FOR REUSE IN INDIVIDUAL CHANNEL	  	11/412,171	  	4/25/2006
	 46    
	  	SECURE TWO-WAY RFID COMMUNICATIONS	  	11/356,885	  	2/17/2006
	 47    
	  	SEMI-STATIC FLIP-FLOPS FOR RFID TAGS	  	11/490,671	  	7/20/2006
	 48    
	  	Adaptable Detection Threshold for RFID Tags and Chips	  	11/670,587	  	2/2/2007
	 49    
	  	RFID Reader Systems with Digital Rate Conversion	  	11/622,140	  	1/11/2007
	 50    
	  	AHEAD-OF-TIME SCHEDULING OF COMMANDS IN RFID READER SYSTEMS	  	11/509,290	  	8/23/2006
	 51    
	  	PREVENTING TIMEOUT OF RFID TAG IN TIMED STATE OF AIR- INTERFACE PROTOCOL	  	11/503,420	  	8/11/2006
	 52    
	  	INTEGRATED CIRCUIT TEST RESULT COMMUNICATION	  	11/470,526	  	9/6/2006
	 53    
	  	RADIO-FREQUENCY IDENTIFICATION TAG WITH OSCILLATOR CALIBRATION	  	11/460,200	  	7/26/2006
	 54    
	  	MULTIPLE RF-PORT MODULATOR FOR RFID TAG	  	11/712,759	  	2/28/2007
	 55    
	  	RFID TAG TRAVEL DIRECTION DETERMINATION	  	11/818,810	  	6/14/2007
	 56    
	  	RFID ANTENNA MODULES AND METHODS THEREOF	  	11/807,114	  	5/25/2007
	 57    
	  	RFID READER SYSTEMS WITH DOUBLE CONVERSION AND METHODS	  	11/742,650	  	5/1/2007
	 58    
	  	RFID TAG CIRCUITS TAGS AND METHODS FOR BACKSCATTERING WITH CONTROLLABLE ADMITTANCE	  	11/765,552	  	6/20/2007
	 59    
	  	Disabling Poorly Testing RFID ICS	  	11/519,507	  	9/11/2006
	 60    
	  	RFID READERS AND SYSTEMS WITH ANTENNA SWITCHING UPON TAG SENSING, AND METHODS	  	11/749,235	  	5/16/2007
	 61    
	  	RFID READERS AND SYSTEMS INITIALIZING AFTER FREQUENCY HOP AND METHODS	  	11/774,285	  	7/6/2007
	 62    
	  	RFID READER LOW DUTY CYCLE MODE	  	11/770,987	  	6/29/2007
	 63    
	  	RFID READERS AND SYSTEMS PERFORMING PARTIAL OPERATION PER ANTENNA AND METHODS	  	11/769,444	  	6/27/2007
	 64    
	  	AUTOMATED RFID READER FIRMWARE UPGRADE SYSTEM	  	11/789959	  	4/25/2007
	 65    
	  	RFID TAG CHIPS AND TAGS ABLE TO BE PARTIALLY KILLED AND METHODS	  	11/852,439	  	9/10/2007
	 66    
	  	RFID TAG CHIPS AND TAGS WITH ALTERNATIVE MEMORY LOCK BITS AND METHODS	  	11/872,774	  	10/16/2007
	 67    
	  	RFID TAG CHIPS AND TAGS ARRANGING PROTOCOL-RELATED BIT AND LOCK BIT IN SINGLE NVM MEMORY WORD AND METHODS	  	11/877,054	  	10/23/2007
	 68    
	  	Determining Authentication of RFID Tags for Indicating Legitimacy of Their Associated Items	  	11/637,479	  	12/11/2006
	 69    
	  	Reporting on Authentication of RFID Tags for Indicating Legitimacy of Their Associated Items	  	11/637,255	  	12/11/2006
	 70    
	  	RFID READERS AND SYSTEMS INITIALIZING AFTER ANTENNA SWITCH AND METHODS	  	11/774,338	  	7/6/2007
	 71    
	  	RFID Reader Q-Parameter Aided by RF Power Measurement	  	11/622,686	  	1/12/2007
	 72    
	  	DECODING WITH MEMORY IN RFID SYSTEM	  	11/717,477	  	3/12/2007
	 73    
	  	RFID TAGS WITH SUBSTANTIALLY SIMILAR POWER CONSUMPTION WHEN CHECKING INCOMING PASSWORD BITS	  	11/707,728	  	2/16/2007
	 74    
	  	MASKING RFID TAG POWER CONSUMPTION WHEN CHECKING INCOMING PASSWORD BITS	  	11/707,793	  	2/16/2007
	 75    
	  	Radio Frequency Identification Tag Antenna Assembly	  	29/285,843	  	4/11/2007
	 76    
	  	RFID READERS AND SYSTEMS WITH ANTENNA SWITCHING UPON DETECTING TOO FEW TAGS AND METHODS	  	11/749,281	  	5/16/2007
	 77    
	  	RFID TAGS COMBINING SIGNALS RECEIVED FROM MULTIPLE RF PORTS	  	11/803,995	  	5/15/2007
	 78    
	  	RFID TAG CIRCUIT DIE WITH SHIELDING LAYER TO CONTROL I/O BUMP FLOW	  	11/891,391	  	8/10/2007

							
	 79    
	  	DEVICES AND METHODS FOR GENERATING REFERENCE CURRENT HAVING LOW TEMPERATURE COEFFICIENT DEPENDENCE	  	11/981,396	  	10/30/2007
	 80    
	  	RFID READER DEVICES AND METHODS THEREOF	  	11/807,115	  	5/25/2007
	 81    
	  	RFID READER SYSTEMS AND METHODS OF ASSEMBLY	  	11/807,118	  	5/25/2007
	 82    
	  	RFID TAGS WITH LONG RANGE ON-CHIP ANTENNAS AND METHODS OF MAKING	  	11/823,193	  	6/26/2007
	 83    
	  	RFID READERS SYSTEMS AND METHODS FOR EARLY HOPPING OUT OF A FREQUENCY CHANNEL IN THE PRESENCE OF RF INTERFERENCE	  	11/849,737	  	9/4/2007
	 84    
	  	ETCH BEFORE GRIND FOR SEMICONDUCTOR DIE SINGULATION	  	11/891,392	  	8/9/2007
	 85    
	  	RFID TAG CHIPS AND TAGS REFRAINING FROM PARTICIPATING IN A SUBSEQUENT INVENTORYING ATTEMPT AND METHODS	  	12/057,467	  	3/28/2008
	 86    
	  	SOFTWARE FOR EXPOSING MULTIPLE RFID READER APPLICATION PROGRAMMING INTERFACES	  	11/ 923,774	  	10/25/2007
	 87    
	  	DEVICES, SYSTEMS AND METHODS FOR GENERATING REFERENCE CURRENT FROM VOLTAGE DIFFERENTIAL HAVING LOW TEMPERATURE COEFFICIENT	  	11/981,387	  	10/30/2007
	 88    
	  	RFID READERS SYSTEMS AND METHODS FOR HOPPING AWAY FROM A FREQUENCY CHANNEL WITH RF INTERFERENCE	  	11/849,804	  	9/4/2007
	 89    
	  	RFID-EQUIPPED STATIONS FOR HANDLING PASSING TAGGED ITEMS AND METHODS	  	11/949,124	  	12/3/2007
	 90    
	  	RFID TAGS WITH SYNCHRONOUS POWER RECTIFIER	  	12/042,117	  	3/4/2008
	 91    
	  	RFID TAG WITH DOUBLE -SWITCH RECTIFIER	  	12/042,141	  	3/4/2008
	 92    
	  	EXTENDING AN RFID READER API	  	11/959,592	  	12/19/2007
	 93    
	  	RFID TAG CHIPS AND TAGS CAPABLE OF BACKSCATTERING MORE CODES AND METHODS	  	12/112,699	  	4/30/2008
	 94    
	  	BROKEN-LOOP RFID READER ANTENNA FOR NEAR FIELD AND FAR FIELD UHF RFID TAGS	  	29/303,658	  	2/14/2008
	 95    
	  	BROKEN-LOOP RFID READER ANTENNA FOR NEAR FIELD AND FAR FIELD UHF RFID TAGS	  	29/303,663	  	2/14/2008
	 96    
	  	METHODS FOR EXPOSING MULTIPLE RFID READER APPLICATION PROGRAMMING INTERFACES	  	11/923,968	  	10/25/2007
	 97    
	  	DISCRIMINATING BETWEEN RFID TAG CODES READ INTENTIONALLY AND UNINTENTIONALLY	  	11/949,218	  	12/3/2007
	 98    
	  	READING CODES OF RFID TAGS INCOMING AT PREMISES AND REMOVING THEM LATER AS THEY EXIT	  	12/018,937	  	1/24/2008
	 99    
	  	RFID TAG CHIPS AND TAGS COMPLYING WITH ONLY A LIMITED NUMBER OF REMAINING COMMANDS, AND METHODS	  	12/035,379	  	2/21/2008
	 100    
	  	CAUSING RFID TAGS TO REPLY USING CHANGED REPLY TIMING	  	12/035,397	  	2/21/2008
	 101    
	  	VOLTAGE REFERENCE CIRCUIT WITH LOW-POWER BANDGAP	  	12/108,311	  	4/23/2008
	 102    
	  	RFID TAG WITH REDUNDANT NON-VOLATILE MEMORY CELL	  	12/020,522	  	1/26/2008
	 103    
	  	RFID TAG HAVING NON-VOLATILE MEMORY DEVICE HAVING FLOATING-GATE FETS WITH DIFFERENT SOURCE-GATE AND DRAIN-GATE BORDER LENGTHS	  	12/006,330	  	12/31/2007
	 104    
	  	RFID TAG SEMICONDUCTOR CHIP WITH MEMORY MANAGMENT UNIT (MMU) TO MAKE ONLY ONE TIME PROGRAMMABLE (OTP) MEMORY APPEAR MULTIPLE TIMES PROGRAMMABLE (MTP)	  	12/006,321	  	12/31/2007
	 105    
	  	RADIO FREQUENCY IDENTIFICATION DEVICE POWER-ON RESET MANAGEMENT	  	11/965,359	  	12/27/2007
	 106    
	  	RADIO FREQUENCY IDENTIFICATION DEVICE ELECTROSTATIC DISCHARGE MANAGEMENT	  	11/965,307	  	12/27/2007
	 107    
	  	Radio Frequency (RFID) Tag Including Configurable Single Bit/Dual Bits Memory	  	12/012,910	  	2/5/2008
	 108    
	  	PREMISES ADAPTED TO READ CODES OF INCOMING RFID TAGS AND REMOVING THEM LATER AS THEY EXIT	  	12/019,030	  	1/24/2008
	 109    
	  	RFID READERS CO-EXISTING WITH OTHER ISM-BAND DEVICES	  	12/056,120	  	3/26/2008
	 110    
	  	CAUSING RFID TAG TO CHANGE HOW MANY REMAINING COMMANDS IT WILL COMPLY WITH	  	12/035,372	  	2/21/2008
	 111    
	  	RFID TAGS REPLYING USING CHANGED REPLY TIMING	  	12/035,393	  	2/21/2008
	 112    
	  	FACILITATING RFID TAGS TO REFRAIN FROM PARTICIPATING IN A SUBSEQUENT INVENTORYING ATTEMPT	  	12/057,509	  	3/28/2008
	 113    
	  	CAUSING RFID TAGS TO BACKSCATTER MORE CODES	  	12/112,832	  	4/30/2008
	 114    
	  	METHODS TO DISINCENTIVIZE SELLERS FROM SELLING WITHOUT AUTHORIZATION	  	12/122,327	  	5/16/2008
	 115    
	  	ADJUSTING COMMUNICATION PARAMETERS WHILE INVENTORYING RFID TAGS	  	12/133,180	  	6/4/2008

 FOREIGN (INTL & NATL) APPLICATION FILED AND PENDING — RFID 

 

							
				
	 1    
	  	RFID READERS TRANSMITTING AND RECEIVING WAVEFORM SEGMENT WITH ENDING-TRIGGERING TRANSITION	  	5785584.3	  	8/9/2005
	 2    
	  	RFID READERS SYSTEMS AND METHODS FOR EARLY HOPPING OUT OF A FREQUENCY CHANNEL IN THE PRESENCE OF RF INTERFERENCE	  	PCT/US2007/019360	  	9/5/2007
	
	 PROVISIONAL APPLICATION FILED AND PENDING — RFID

 

	 Item No.
	  	 Filed regular -
formal title
	  	Filed serial number	  	Filed date
	 1    
	  	MULTIPLEXING RFID ANTENNA MODULES	  	61/027,005	  	2/7/2008
	 2    
	  	REDUNDANT DIFFERENTIAL RFID TAGGING SCHEME FOR ITEM AUTHENTICATION	  	61/005,521	  	12/4/2007
	 3    
	  	READER ANTENNA ARRAY PROCESSING FOR HIGH DATA RATE	  	61/046,614	  	4/21/2008
		  	ROBUST RFID	  		  	
	 4    
	  	EXPEDITED RFID TAG SINGULATION USING GEN2 TRUNCATED EPC	  	61/039,916	  	3/27/2008
	 5    
	  	A HV LDMOS DEVICE IN CMOS PROCESS	  	61/003,017	  	11/13/2007
	 6    
	  	RFID TAG ASSEMBLY MACHINE AND METHODS	  	60/997,493	  	10/3/2007
	 7    
	  	TAG POPULATION ESTIMATION	  	61/040,922	  	3/31/2008
	 8    
	  	USE CLASS1 GEN2 (C1G2) AS NETWORK PROTOCOL	  	61/023,359	  	1/24/2008
	 9    
	  	RFID SECURITY WITH ACCESS PASSWORD	  	61/001,257	  	10/30/2007
	 10    
	  	RFID USING PASSWORD STORED IN TAG FOR AUTHENTICATION	  	61/021,591	  	1/16/2008
	 11    
	  	AUTOMATIC TUNING OF RFID TAG COMMISSIONING	  	60/966,069	  	8/24/2007
	 12    
	  	RFID BULK-WRITE	  	61/003,627	  	11/19/2007
	 13    
	  	BULK WRITE ALGORITHM FOR RFID READER SYSTEM	  	60/931,180	  	5/21/2007
	 14    
	  	RFID BULK-WRITE	  	61/004,275	  	11/26/2007
	 15    
	  	RFID BULK-WRITE WITH SECONDARY DATA CARRIER	  	61/005,250	  	12/4/2007
	 16    
	  	EXPEDITED RFID TAG ASSEMBLY METHOD	  	61/035,710	  	3/11/2008
	 17    
	  	RFID TAG WITH POS PASSWORD OF FLEETING VALIDITY FOR EAS	  	61/031,656	  	2/26/2008
	 18    
	  	RFID READERS MODIFYING TAG INTERNAL OPERATIONS	  	61/028,644	  	2/14/2008
	 19    
	  	LARGER RFID READER TRANSMIT POWER WHILE SUPPLIED BY POWER OVER ETHERNET (POE)	  	61/027,379	  	2/8/2008
	 20    
	  	RFID TAG DYNAMICALLY ADJUSTING CLOCK FREQUENCY	  	61/036,422	  	3/13/2008
	 21    
	  	RFID TAG HAVING EAS FEATURE WITH PRIVATIZATION	  	61/043,049	  	4/7/2008
	 22    
	  	RFID READER SYSTEM WITH ADAPTABLE ANTENNA	  	61/050,924	  	5/6/2008
	 23    
	  	RFID READER ANTENNA WITH MEANDER SLOT	  	61/042,177	  	4/3/2008
	 24    
	  	RFID TAGS BACKSCATTERING ALTERNATING VERSIONS OF CODE, AND READERS FOR THEM	  	61/047,653	  	4/24/2008
	 25    
	  	CACHING RFID TAG TID INFORMATION BY RFID READER	  	61/048,505	  	4/28/2008
	 26    
	  	RFID READERS LIMITING PASSWORD THEFT	  	61/039,040	  	3/24/2008
	 27    
	  	DETECTING UNAUTHORIZED READERS / TAG ACCESS	  	61/003,632	  	11/19/2007
	 28    
	  	DETECTING AND REACTING TO UNAUTHORIZED READERS / TAG ACCESS BY ROGUE IN PREMISES	  	61/021,595	  	1/16/2008
	 29    
	  	BUSINESS METHOD OF RFID INSPECTION AND ANTI-COUNTERFEITING	  	60/966,066	  	8/24/2007
	 30    
	  	RFID READER ANTENNA DESIGN: “CACTUS”	  	60/995,042	  	9/24/2007
	 31    
	  	RFID ANTENNA WITH MULTIMODE RADIATING ELEMENTS	  	60/995,200	  	11/1/2007
	 32    
	  	RFID TAGS MADE FROM MOTHER CHIPS AND ONE OR MORE CHIP ANTENNAS AND METHODS OF MAKING	  	60/956,163	  	8/16/2007
	 33    
	  	RFID TAGS BACKSCATTERING ALTERNATE VERSIONS OF CODE, AND READERS THEREFOR	  	61/053,331	  	5/15/2008
	 34    
	  	RFID TAGS SAFER IN HIGH RF ENERGY ENVIRONMENT AND METHODS FOR MAKING	  	61/054,412	  	5/19/2008
	 35    
	  	CONTROLLING NUMBER FILLED IN SLOT COUNTER OF RFID TAGS	  	61/055,371	  	5/22/2008
	 36    
	  	RFID TAGS SAFER IN HIGH RF ENERGY ENVIRONMENT AND METHODS FOR MAKING	  	61/055,800	  	5/23/2008
	 37    
	  	NOVEL IC DIE FORM FACTOR, AND METHOD OF MAKING	  	61/058,170	  	6/2/2008
	 38    
	  	RODS FOR GARMENT HANGERS ALSO IMPLEMENTING RFID READER ANTENNAS	  	61/059,651	  	6/6/2008
	 39    
	  	CELL FOR NON-VOLATILE MEMORY	  	61/061,004	  	6/12/2008
	 40    
	  	CONTROLLING NUMBER FILLED IN SLOT COUNTER OF RFID TAGS FOR BEING INVENTORIED	  	61/061,011	  	6/12/2008
	 41    
	  	RFID ILT MINI-GUARDRAIL ANTENNA	  	61/061,758	  	6/16/2008

							
	US ISSUED PATENTS — RFID
				
	 1    
	  	RFID TAGS ADJUSTING TO DIFFERENT REGULATORY ENVIRONMENTS, AND RFID READERS TO SO ADJUST THEM AND METHODS	  	7,283,037	  	10/16/2007
	 2    
	  	METHOD AND APPARATUS TO CONFIGURE AN RFID SYSTEM TO BE ADAPTABLE TO A PLURALITY OF ENVIRONMENTAL CONDITIONS	  	7,026,935	  	4/11/2006
	 3    
	  	RFID READER TO SELECT CODE MODULE	  	7,304,579	  	12/4/2007
	 4    
	  	METHOD AND APPARATUS FOR CONTROLLED PERSISTENT ID FLAG FOR RFID APPLICATIONS	  	7,215,251	  	5/8/2007
	 5    
	  	METHOD AND APPARATUS FOR CONTROLLED PERSISTENT ID FLAG FOR RFID APPLICATIONS	  	7,116,240	  	10/3/2006
	 6    
	  	ADAPTABLE BANDWIDTH RFID TAGS	  	7,183,926	  	2/27/2007
	 7    
	  	TESTING AND BURN-IN OF IC CHIPS USING RADIO FREQUENCY TRANSMISSION	  	7,312,622	  	12/25/2007
	 8    
	  	RFID TAG DESIGN WITH CIRCUITRY FOR WAFER LEVEL TESTING	  	7,307,528	  	12/11/2007
	 9    
	  	RFID READERS TRANSMITTING AND RECEIVING WAVEFORM SEGMENT WITH ENDING-TRIGGERING TRANSITION	  	7,049,964	  	5/23/2006
	 10    
	  	SINGLE RF OSCILLATOR SINGLE-SIDE BAND MODULATION FOR RFID READERS USING TONE INSERTION DURING READER RECEPTION	  	7,107,022	  	9/12/2006
	 11    
	  	RFID READERS AND RFID TAGS COMMUNICATING USING EXTENSIBLE BIT VECTORS	  	7,030,786	  	4/18/2006
	 12    
	  	METHOD AND SYSTEM TO CALIBRATE AN OSCILLATOR WITHIN AN RFID CIRCUIT BY SELECTING A CALIBRATION VALUE FROM A PLURALITY OF STORED CALIBRATION VALUES	  	7,120,550	  	10/10/2006
	 13    
	  	METHOD AND SYSTEM TO GENERATE MODULATOR AND DEMODULATOR CLOCK SIGNALS WITHIN AN RFID CIRCUIT UTILIZING A MULTI-OSCILLATOR ARCHITECTURE	  	7,253,719	  	8/7/2007
	 14    
	  	RFID TAGS CALIBRATING BACKSCATTERING PERIOD ALSO FOR NON-INTEGER DIVIDE RATIOS	  	7,246,751	  	7/24/2007
	 15    
	  	RFID READERS AND RFID TAGS EXCHANGING ENCRYPTED PASSWORD	  	7,245,213	  	7/17/2007
	 16    
	  	RFID TAGS WITH ELECTRONIC FUSES FOR STORING COMPONENT CONFIGURATION DATA	  	7,307,529	  	12/11/2007
	 17    
	  	RFID TAG USING HYBRID NON-VOLATILE MEMORY	  	7,307,534	  	12/11/2007
	 18    
	  	RFID READERS TRANSMITTING AND RECEIVING WAVEFORM SEGMENT WITH ENDING-TRIGGERING TRANSITION	  	7,187,290	  	3/6/2007
	 19    
	  	RFID READERS AND RFID TAGS COMMUNICATING USING EXTENSIBLE BIT VECTORS	  	7,123,171	  	10/17/2006
	 20    
	  	RADIO FREQUENCY IDENTIFICATION TAG ANTENNA ASSEMBLY	  	D548,225	  	8/7/2007
	 21    
	  	RADIO FREQUENCY IDENTIFICATION TAG ANTENNA ASSEMBLY	  	D546,819	  	7/17/2007
	 22    
	  	RADIO FREQUENCY IDENTIFICATION TAG ANTENNA ASSEMBLY	  	D546,822	  	7/17/2007
	 23    
	  	RADIO FREQUENCY IDENTIFICATION TAG ANTENNA ASSEMBLY	  	D546,821	  	7/17/2007
	 24    
	  	RADIO FREQUENCY IDENTIFICATION TAG ANTENNA ASSEMBLY	  	D546,820	  	7/17/2007
	 25    
	  	RADIO FREQUENCY IDENTIFICATION TAG ANTENNA ASSEMBLY	  	D547,754	  	7/31/2007
	 26    
	  	RFID Antenna Design	  	D543,976	  	6/5/2007
	 27    
	  	RFID Antenna Design	  	D547,306	  	7/24/2007
	 28    
	  	RADIO FREQUENCY IDENTIFICATION TAG ANTENNA ASSEMBLY	  	D563,397	  	3/4/2008
	 29    
	  	RADIO FREQUENCY IDENTIFICATION TAG ANTENNA ASSEMBLY	  	D562,810	  	2/26/2008
	 30    
	  	RFID TAG WITH BIST CIRCUITS	  	7,380,190	  	5/27/2008
	 31    
	  	SINGLE RF OSCILLATOR SINGLE-SIDE BAND MODULATION FOR RFID READERS WITH FREQUENCY TRANSLATION AND FILTERING	  	7,382,257	  	6/3/2008
	 32    
	  	Broken-Loop RFID Reader Antenna for Near Field and Far Field UHF RFID Tags	  	D570,337	  	6/3/2008
	 33    
	  	METHOD AND SYSTEM TO BACKSCATTER MODULATE A RADIO- FREQUENCY SIGNAL FROM AN RFID TAG IN ACORDANCE WITH BOTH AN OSCILLATION FREQUENCY
SIGNAL AND A COMMAND SIGNAL	  	7,388,468	  	6/17/2008

 Appendix A 
 Defined Terms 
 The following terms, as used herein, have the following
meanings: 
 “Affiliate” shall mean, with respect to any Person, any other Person that, directly or indirectly
through one or more intermediaries, controls, or is controlled by, or is under common control with, such Person, and the term “control” (including the terms “controlled by” and “under common control
with”) means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of such Person, whether through ownership of voting securities, by contract or otherwise. 

“Assert” shall mean to bring or initiate any action before any legal, judicial, arbitration, administrative, executive
or other type of body or tribunal that has or claims to have authority to adjudicate such action in whole or in part. Examples of such body or tribunal include United States State and Federal Courts, the United States International Trade Commission
and any foreign counterparts of any of the foregoing. “Assertion” means the bringing or initiating of any such action. 
 “Business Day” shall mean any day of the year on which national banking institutions in California are open to the public for conducting business and are not required or authorized to
close. 
 “Change of Control” of a Person shall mean (a) the acquisition of such Person by another Person
or group by means of any transaction or series of related transactions (including any stock acquisition, reorganization, merger or consolidation), whether accomplished directly or indirectly, other than a transaction or series of transactions in
which the holders of the voting securities of such Person outstanding immediately prior to such transaction continue to retain (either by such voting securities remaining outstanding or by such voting securities being converted into voting
securities of the surviving entity), as a result of shares in such Person held by such holders prior to such transaction, at least fifty percent (50%) of the total voting power represented by the voting securities of such Person or such
surviving entity outstanding immediately after such transaction or series of transactions, or (b) a sale, lease or other conveyance of substantially all of the assets of such Person. 

“Covered Purchaser Party” shall mean Purchaser, its Affiliates and any direct or indirect customers, distributors,
officers, directors, agents and/or contractors of Purchaser (or its Affiliates). 
 “Covered Seller Party”
shall mean Seller, its Affiliates and any ***, manufacturers, distributors, officers, directors, agents and/or contractors of Seller (or its Affiliates). 
 “Field of Use” shall mean RFID systems in which ***. For the avoidance of doubt, the Field of Use does not encompass any Seller Proprietary Product. 

 

	*** 	Indicates text has been omitted from this Exhibit pursuant to a confidential treatment request and has been filed separately with the Securities and Exchange
Commission. 

 “Flash Memory Products” shall mean
non-volatile Integrated Circuits capable of storing data that are electrically programmable and electrically erasable, or magnetically alterable to define a logical state, including both floating gate and non-floating gate designs. 
 “Intellectual Property” shall mean all
intellectual property rights arising from or in respect of the following, whether protected, created or arising under the Laws of the United States or any other jurisdiction or under any international convention: (a) all patents and
applications therefor, including all continuations, divisionals, and continuations-in-part thereof and patents issuing thereon, along with all reissues, reexaminations
and extensions thereof (collectively, “Patents”); (b) all trademarks, service marks, trade names, trade dress, logos, corporate names and other source or business identifiers, together with the goodwill associated with any of
the foregoing, along with all applications, registrations, renewals and extensions thereof (collectively, “Marks”); (c) all Internet domain names; (d) all copyrights and mask works, along with all applications,
registrations, reversions, extensions and renewals thereof (collectively, “Copyrights”); and (e) trade secrets and rights in information that is not generally known or readily ascertainable through proper means (“Trade
Secrets”). 
 “Integrated Circuit” shall mean an integrated unit comprising one or more active and/or
passive circuit elements associated on one or more substrates, such unit forming, or contributing to the formation of, a circuit for performing electrical functions (including, if provided therewith, housing and/or supporting means). The definition
of Integrated Circuit shall also include any and all firmware, microcode or drivers, if needed to cause such circuit to perform substantially all of its intended hardware functionality, whether or not such firmware, microcode or drivers are shipped
with such integrated unit or installed at a later time. 
 “Licensed Claims” shall mean only those claims of
the Seller Licensed Patents that would be infringed by the Products in standalone form only as sold by Purchaser, including the manufacture, sale or other disposition thereof. For the avoidance of doubt, Licensed Claims shall not include any claims
other than those set forth in the preceding sentence even if contained in the same Seller Licensed Patent as Licensed Claims. 

“Licensed Products” shall mean Products and Substantially Identical Products that are offered for sale or sold as a
Purchaser product. 
 “Non-Disclosure Agreement” shall mean Intel
Corporate Non-Disclosure Agreement Number 7137598 by and between the Parties, dated as of April 5, 2001, as amended June 6, 2007. 

“Person” shall mean any individual, corporation, partnership, limited liability company, firm, joint venture,
association, joint-stock company, trust, unincorporated organization, governmental body or other entity. 

“Processor” shall mean any Integrated Circuit or combination of Integrated Circuits capable of processing digital data,
such as a microprocessor or coprocessor (including a math coprocessor, graphics coprocessor, or digital signal processor). 

 “Product” shall mean: (a) UHF RFID Reader transceiver silicon
code-named “Tilden1” ***. 
 “Purchaser Patents” shall mean all Patents owned or controlled by
Purchaser as of the Closing Date, and any other Patents filed by Purchaser after the Closing Date entitled to claim a priority date on or before the Closing Date, excluding the Patents pertaining to RFID, all of which are set forth on
Schedule A hereto. 
 “Restricted Documents” means items listed under the following parts of
Exhibit A to the Asset Purchase Agreement: Section 2.1(b), “Marketing Development Kit Assets” listed under Section 2.1(d), Section 2.1(e) and Section 2.1(f) (except third-party
software tools and licenses underlying the items listed under the heading “Application Software Code Developed from Third-Party Licenses and Tools”). 
 “RFID” means radio-frequency identification. 
 “Seller
Architecture Emulator” shall mean software, firmware, or hardware that, through emulation, simulation or any other process, allows a computer that does not contain a Seller Compatible Processor (or a Processor that is not a Seller
Compatible Processor) to execute binary code that is capable of being executed on a Seller Compatible Processor. 

“Seller Bus” shall mean a proprietary bus or other data path first introduced by Seller or any Seller Affiliate:
(a) that is capable of transmitting and/or receiving information within an Integrated Circuit or between two or more Integrated Circuits, together with the set of protocols defining the electrical, physical, timing and functional
characteristics, sequences and control procedures of such bus or data path; (b) which neither Seller nor any Seller Affiliate (during any time such Seller Affiliate has met the requirements of being a Affiliate) has granted a license or
committed to grant a license through its participation in a government sponsored, industry sponsored, or contractually formed group or any similar organization that is dedicated to creating publicly available standards or specifications; and
(c) which neither Seller nor any Seller Affiliate (during any time such Seller Affiliate has met the requirements of being a Affiliate) has publicly disclosed without an obligation of confidentiality. 

“Seller Compatible Chipsets” shall mean one or more Integrated Circuits that alone or together are capable of
electrically interfacing directly (with or without buffering or pin re-assignment) with a Seller Compatible Processor to form the connection between the Seller Compatible Processor and any other device (or
group of devices), including Processors, input/output devices, networks, and memory. 
 “Seller Compatible
Compiler” shall mean a compiler that generates object code that can, with or without additional linkage processing, be executed on any Seller Processor. 

 
  

	***	Indicates text has been omitted from this Exhibit pursuant to a confidential treatment request and has been filed separately with the Securities and Exchange
Commission. 

  

 “Seller Compatible Processor” shall mean any Processor that: (a) can
perform substantially the same functions as a Seller Processor by compatibly executing or otherwise processing: (i) a substantial portion of the instruction set of a Seller Processor, (ii) object code versions of applications or other
software targeted to run on or with an Seller Processor or (iii) binary code that is capable of being executed on a Seller Processor, in order to achieve substantially the same result as a Seller Processor; or (b) is substantially
compatible with a Seller Bus. 
 “Seller Licensed Patents” shall mean Patents owned by Seller as of the
Closing, including reissuances thereof, that Seller can license without obligation to pay a royalty. Seller Licensed Patents do not include, however, any Patents that are only embodied in any Seller Product, Seller Chipset, Seller Processor, or
third party products that are integrated into a Product. 
 “Seller Licensed Trade Secrets” shall mean the
Trade Secrets (a) known to the Transferred Employees and/or (b) embodied by the Technical Information, and, in each case (a) and (b), to the extent not assigned to Purchaser pursuant to the Asset Purchase Agreement and existing with
the Products. Notwithstanding the foregoing sentence, Seller Licensed Trade Secrets shall not include any Trade Secrets related to any Seller proprietary products and technologies not transferred to Purchaser under the Asset Purchase Agreement
(including, without limitation, microprocessors, chipsets, flash memory and manufacturing ) or any Seller Proprietary Products. 
 “Seller Processor” shall mean a Processor, or proprietary extension of a third party Processor, first developed by, for or with substantial participation by Seller or any Seller
Affiliate, or the design of which has been purchased or otherwise acquired by Seller or any Seller Affiliate, including without limitation the Intel® x86 architecture, CoreTM,
Celeron®, Pentium®, XeonTM, Itanium®, MXP,
IXP, 80860 and 80960 microprocessor families, and the 8087, 80287, and 80387 math coprocessor families. 
 “Seller
Product” shall mean any product manufactured, sold or distributed under any of Seller’s Marks by or on behalf of Seller or any of its Affiliates. 
 “Seller Proprietary Product” shall mean Seller Compatible Processors, Seller Architecture Emulators, Seller Compatible Compilers, Seller Compatible Chipsets, Seller Wireless Chipsets
(excluding ***), any product that contains or implements any Seller Bus, and Flash Memory Products. 
 “Seller Wireless
Chipsets” shall mean one or more Integrated Circuits that alone or together are capable of implementing one or more wireless communications protocols. 
 “Substantially Identical Product” shall mean any product that is derived from and is substantially identical to a Product, and that can reasonably be considered the next version of, next
generation of or natural successor to a Product, including bug fixes and error corrections for a Product. 
  

 

	***	Indicates text has been omitted from this Exhibit pursuant to a confidential treatment request and has been filed separately with the Securities and Exchange
Commission.

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