Document:

2000 Nonstatutory Stock Option Plan

 Exhibit 10.2 
 ZORAN CORPORATION 
 2000 NONSTATUTORY STOCK OPTION PLAN 
 (As Adopted October 5, 2000) 
 1.
Purposes of the Plan. The purposes of this Stock Option Plan are to attract and retain the best available personnel for positions of substantial responsibility, to provide additional incentives to Employees and Consultants of the Company and
its Subsidiaries, and to promote the success of the Company’s business. Options granted hereunder shall be Nonstatutory Stock Options. 
 2. Definitions. As used herein, and in any Option granted hereunder, the following definitions shall apply: 
 (a) “Board” shall mean the Board of Directors of the Company. 
 (b) “Code” shall
mean the Internal Revenue Code of 1986, as amended, and any applicable regulations promulgated thereunder. 
 (c)
“Common Stock” shall mean the Common Stock of the Company. 
 (d) “Company” shall mean Zoran
Corporation, a Delaware corporation. 
 (e) “Committee” shall mean the Committee appointed by the Board in
accordance with paragraph (a) of Section 4 of the Plan. If the Board does not appoint or ceases to maintain a Committee, the term “Committee” shall refer to the Board. 
 (f) “Consultant” shall mean any independent contractor retained to perform services for the Company or any Parent or
Subsidiary. 
 (g) “Continuous Service” shall mean the absence of any interruption or termination of service
with the Company, a successor of the Company or any Parent or Subsidiary, whether in the capacity of an Employee or a Consultant. Continuous Service shall not be considered interrupted (i) during any period of sick leave, military leave or any
other leave of absence approved by the Board, (ii) in the case of transfers between locations of the Company or between the Company and any Parent, Subsidiary or successor of the Company, or (iii) merely as a result of a change in the
capacity in which the Optionee renders such service provided that no interruption or termination of the Optionee’s service occurs. 
 (h) “Conversion Date” shall mean the effective date of a certificate of amendment of the Certificate of Incorporation of the Company filed with the Secretary of State of the State of Delaware to
effect an increase in the number of authorized shares of Common Stock by an amount at least equal to the maximum aggregate number of Shares authorized for issuance under the Plan as provided in Section 3. 
 (i) “Employee” shall mean any person employed by the Company or any Parent or Subsidiary. 
 (j) “Exchange Act” shall mean the Securities Exchange Act of 1934, as amended. 
 (k) “Nonstatutory Stock Option” shall mean an Option that is not intended to be an incentive stock option within the
meaning of Section 422 of the Code. 
 (l) “Option” shall mean a stock option granted pursuant to the
Plan. 
  

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 (m) “Option Agreement” shall mean a written agreement between the
Company and the Optionee regarding the grant and exercise of Options to purchase Shares and the terms and conditions thereof as determined by the Committee pursuant to the Plan. 
 (n) “Optioned Shares” shall mean the Shares subject to an Option. 
 (o) “Optionee” shall mean an Employee or Consultant who receives an Option. 
 (p) “Parent” shall mean a “parent corporation,” whether now or hereafter existing, as defined by
Section 424(e) of the Code. 
 (q) “Plan” shall mean this 2000 Nonstatutory Stock Option Plan.

 (r) “Preferred Stock” shall mean the Series A Preferred Stock of the Company. 
 (s) “Securities Act” shall mean the Securities Act of 1933, as amended. 
 (t) “Share” shall mean (i) prior to the Conversion Date, a share of Preferred Stock, as adjusted in accordance with
Section 11, and (ii) on and after the Conversion Date, a share of Common Stock, as adjusted in accordance with Section 11. 
 (u) “Subsidiary” shall mean a “subsidiary corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code. 
 3. Stock Subject to the Plan. 
 (a) Maximum Number of Shares Issuable. Subject to the provisions of Section 11 of the Plan, the maximum aggregate number of Shares which may be issued under the Plan shall be three hundred thousand (300,000). If an Option
expires or becomes unexercisable for any reason without having been exercised in full, the Shares which were subject to the Option but as to which the Option was not exercised shall, unless the Plan shall have been terminated, become available for
other Option grants under the Plan. 
 (b) Conversion of Shares on Conversion Date. Prior to the Conversion Date, the
Shares issuable under the Plan as set forth in Section 3(a) and under each outstanding Option shall consist of authorized but unissued or reacquired shares of Preferred Stock. On the Conversion Date, the Shares issuable under the Plan and under
each then outstanding Option shall automatically convert into and thereafter shall consist solely of that number of the authorized but unissued or reacquired shares of Common Stock into which the number of shares of Preferred Stock issuable under
the Plan in accordance with Section 3(a) or under such outstanding Option, as the case may be, are convertible in accordance with their terms. 
 4. Administration of the Plan. 
 (a) Procedure. The Plan shall be administered by the Board. The Board
may appoint a Committee consisting of one or more members of the Board to administer the Plan, subject to such terms and conditions as the Board may prescribe. Once appointed, the Committee shall continue to serve until otherwise directed by the
Board. From time to time, the Board may increase the size of the Committee and appoint additional members thereof, remove members (with or without cause) and appoint new members in substitution therefor, fill vacancies, however caused, and remove
all members of the Committee and, thereafter, directly administer the Plan. Any action which may be taken by the Committee under the Plan may instead be taken by the Board, and each reference herein to the Committee shall be deemed to refer also to
the Board. 
 The Committee shall meet at such times and places and upon such notice as the chairperson determines. A majority
of the Committee shall constitute a quorum. Any acts by the Committee may be taken at any meeting at which a quorum is present and shall be by majority vote of those members entitled to vote. Additionally, any acts reduced to writing or approved in
writing by all of the members of the Committee shall be valid acts of the Committee. 
  

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 (b) Powers of the Committee. Subject to the provisions of the Plan, the Committee
shall have the authority: (i) to determine, upon review of relevant information, the fair market value of the Shares; (ii) to determine the exercise price of Options to be granted, the Employees or Consultants to whom and the time or times
at which Options shall be granted, and the number of Shares to be represented by each Option; (iii) to interpret the Plan; (iv) to prescribe, amend and rescind rules and regulations relating to the Plan; (v) to determine the terms and
provisions of each Option (which need not be identical) and, with the consent of the holder thereof, to modify or amend any Option; (vi) to authorize any person to execute on behalf of the Company any instrument required to effectuate the grant
of an Option; (vii) to accelerate or (with the consent of the Optionee) defer an exercise date of any Option; and (viii) to make all other determinations deemed necessary or advisable for the administration of the Plan. 
 (c) Effect of Committee’s Decision. All decisions, determinations and interpretations of the Committee shall be final and
binding on all potential or actual Optionees, any other holder of an Option or other equity security of the Company and all other persons. 
 5. Eligibility and Option Limitations. 
 (a) Persons Eligible for Options. Options under the Plan may
be granted only to Employees or Consultants whom the Committee, in its sole discretion, may designate from time to time. For purposes of the foregoing sentence, “Employees” and “Consultants” shall include prospective Employees
and prospective Consultants to whom Options are granted in connection with written offers of employment or other service relationship. However, notwithstanding any other provision herein to the contrary, no person shall be eligible to be granted an
Option under the Plan whose eligibility would require approval of the Plan by the stockholders of the Company under any law or regulation or the rules of any stock exchange or market system upon which shares of Common Stock may then be listed. If
not inconsistent with any such law, regulation or rule, an Option may be granted to a person, not previously employed by the Company, as an inducement essential to entering into an employment contract with the Company. An Employee who has been
granted an Option, if he or she is otherwise eligible, may be granted an additional Option or Options 
 (b) No Right to
Continuing Employment. Neither the establishment nor the operation of the Plan shall confer upon any Optionee or any other person any right with respect to continuation of employment or other service with the Company (or any Parent or
Subsidiary), nor shall the Plan interfere in any way with the right of the Optionee or the right of the Company (or any Parent or Subsidiary) to terminate such employment or service at any time. 
 (c) Option Repricing. No Option shall be repriced without the approval of a majority of the shares of Common Stock present or
represented by proxy and voting at a meeting of the stockholders of the Company at which a quorum representing a majority of all outstanding shares of Common Stock is present or represented by proxy. 
 6. Term of Plan. The Plan shall become effective upon its adoption by the Board. It shall continue in effect for a term of ten (10) years
unless sooner terminated under Section 13 of the Plan. 
 7. Term of Option. The term of each Option shall not exceed ten
(10) years from the date of grant of the Option, and, unless the Committee determines otherwise, the term of each Option shall be ten (10) years from the date of grant of the Option. The term of the Option shall be set forth in the Option
Agreement. 
 8. Option Price and Consideration. 
 (a) Option Price. The option price for the Shares to be issued pursuant to any Option shall be such price as is determined by the
Committee, which shall in no event be less than 85% of the fair market value of such Shares on the date the Option is granted. The fair market value of the Common Stock shall be determined by 

  

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the Committee, using such criteria as it deems relevant; provided, however, that if there is a public market for the Common Stock, the fair market value per
Share shall be the average of the last reported bid and asked prices of the Common Stock on the date of grant, as reported in The Wall Street Journal (or, if not so reported, as otherwise reported by the NASDAQ System) or, in the event the
Common Stock is listed on a national securities exchange (within the meaning of Section 6 of the Exchange Act) or on the NASDAQ National Market System (or any successor national market system), the fair market value per Share shall be the
closing price on such exchange on the date of grant of the Option, as reported in The Wall Street Journal. The fair market value of each share of Preferred Stock shall equal the fair market value determined in accordance with the preceding
sentence of that number of shares of Common Stock into which such share of Preferred Stock is then convertible in accordance with its terms. 
 (b) Consideration. The consideration to be paid for the Optioned Shares shall be payment in cash or by check unless payment in some other manner is authorized by the Committee at the time of the grant of the
Option, including (i) the surrender of other Shares owned by the Optionee for more than six months and having a fair market value equal to the option price, (ii) following the Conversion Date, by delivery of a properly executed notice
together with irrevocable instructions to a broker providing for the assignment to the Company of the proceeds of a sale or loan with respect to some or all of the shares being acquired upon the exercise of the Option (including, without limitation,
through an exercise complying with the provisions of Regulation T as promulgated from time to time by the Board of Governors of the Federal Reserve System), or (iii) such other consideration and method of payment for the issuance of
Optioned Shares as may be permitted under Section 152 of the Delaware General Corporation Law. Any cash or other property received by the Company from the sale of Shares pursuant to the Plan shall constitute part of the general assets of the
Company. 
 9. Exercise of Option. 
 (a) Vesting Period. Any Option granted hereunder shall be exercisable at such times and under such conditions as determined by the Committee and as shall be permissible under the terms of the Plan, which shall
be specified in the Option Agreement evidencing the Option. Unless the Committee specifically determines otherwise at the time of the grant of the option, each Option shall vest and become exercisable, cumulatively, in four substantially equal
installments on each of the first four anniversaries of the date of the grant of the option, subject to the Optionee’s Continuous Service. However, no Option granted to a prospective Employee or prospective Consultant may become exercisable
prior to the date on which such person commences service. 
 (b) Exercise Procedures. An Option shall be deemed to be
exercised when written notice of such exercise has been given to the Company in accordance with the terms of the Option by the person entitled to exercise the Option, and full payment for the Shares with respect to which the Option is exercised has
been received by the Company. An Option may not be exercised for fractional shares or for less than ten (10) Shares. As soon as practicable following the exercise of an Option in the manner set forth above, the Company shall issue or cause its
transfer agent to issue stock certificates representing the Shares purchased. Until the issuance of such stock certificates (as evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company), no
right to vote or receive dividends or any other rights as a stockholder shall exist with respect to the Optioned Shares notwithstanding the exercise of the Option. No adjustment will be made for a dividend or other rights for which the record date
is prior to the date of the transfer by the Optionee of the consideration for the purchase of the Shares, except as provided in Section 11 of the Plan. 
 (c) Death of Optionee. In the event of the death during the Option period of an Optionee who is at the time of his death, or was
within the ninety (90) day period immediately prior thereto, an Employee or Consultant, and who was in Continuous Service from the date of the grant of the Option until the date of death or termination, the Option may be exercised, at any time
within one (1) year following the date of death, by the Optionee’s estate or by a person who acquired the right to exercise the Option by bequest or inheritance, but only to the extent of the accrued right to exercise at the time of the
termination or death, whichever comes first. 
 (d) Disability of Optionee. In the event of the permanent and total
disability during the Option period of an optionee who is at the time of such disability, or was within the ninety (90) day period prior thereto, an Employee or Consultant, and who was in Continuous Service from the date of the grant of the
Option until the date of disability or termination, the Option may be exercised at any time within one (1) year following the date of 

  

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disability, but only to the extent of the accrued right to exercise at the time of the termination or disability, whichever comes first, subject to the
condition that no option shall be exercised after the expiration of the Option period. 
 (e) Other Termination of
Continuous Service. If the Continuous Service of an Optionee shall cease for any reason other than permanent and total disability or death, he or she may, but only within ninety (90) days (or such other period of time as is determined by
the Committee) after the date his or her Continuous Service ceases, exercise his or her Option to the extent that he or she was entitled to exercise it at the date of such termination of Continuous Service, subject to the condition that no Option
shall be exercisable after the expiration of the Option period. 
 (f) Tax Withholding. The Company shall have the
right, but not the obligation, to deduct from the Shares issuable upon the exercise of an Option, or to accept from the Optionee the tender of, a number of whole Shares having a fair market value, as determined by the Company, equal to all or any
part of the federal, state, local and foreign taxes, if any, required by law to be withheld by the Company (or any Parent or Subsidiary) with respect to such Option or the Shares acquired upon the exercise thereof. Alternatively or in addition, in
its discretion, the Company shall have the right to require the Optionee, through payroll withholding, cash payment or otherwise to make adequate provision for any such tax withholding obligations arising in connection with the Option or the Shares
acquired upon the exercise thereof. The fair market value of any Shares withheld or tendered to satisfy any such tax withholding obligations shall not exceed the amount determined by the applicable minimum statutory withholding rates. The Company
shall have no obligation to deliver Shares until such tax withholding obligations have been satisfied by the Optionee. 
 Any
adverse consequences incurred by an Optionee with respect to the use of Shares to pay any part of any tax withholding obligations in connection with the exercise of an Option shall be the sole responsibility of the Optionee. Shares withheld in
accordance with this provision shall not again become available for purposes of issuance under the Plan. 
 10. Non-Transferability of
Options. An Option may not be sold, pledged, assigned, hypothecated, transferred or disposed of in any manner other than by will or by the laws of descent and distribution and may be exercised, during the lifetime of the Optionee, only by the
Optionee. 
 11. Adjustments Upon Changes in Capitalization. Subject to any required action by the stockholders of the Company, the
number of Shares subject to the Plan, the number of Optioned Shares covered by each outstanding Option, and the per share exercise price of each such Option, shall be appropriately adjusted for any increase or decrease in the number of issued shares
of Common Stock resulting from a stock split, reverse stock split, recapitalization, combination, reclassification, the payment of a stock dividend on the Common Stock or any other increase or decrease in the number of such shares of Common Stock
effected without receipt of consideration by the Company; provided, however, that conversion of any convertible securities of the Company shall not be deemed to have been “effected without receipt of consideration.” Such adjustment shall
be made by the Committee, whose determination in that respect shall be final, binding and conclusive. Except as expressly provided herein, no issue by the Company of shares of stock of any class, or securities convertible into shares of stock of any
class, shall affect, and no adjustment by reason thereof shall be made with respect to, the number or price of Shares subject to an Option. 
 The Committee may, if it so determines in the exercise of its sole discretion, also make provision for adjusting the number or class of securities covered by any Option, as well as the price to be paid therefor, in
the event that the Company effects one or more reorganizations, recapitalizations, rights offerings, or other increases or reductions of shares of its outstanding Common Stock or Preferred Stock, and in the event of the Company being consolidated
with or merged into any other corporation. 
 Unless otherwise determined by the Committee, upon the dissolution or
liquidation of the Company the Options granted under the Plan shall terminate and thereupon become null and void. 
  

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 Upon any merger or consolidation, if the Company is not the surviving corporation, the
Options granted under the Plan shall either be assumed by the surviving entity or shall terminate in accordance with the provisions of the preceding paragraph, unless otherwise determined by the Committee. 
 12. Time of Granting Options. Unless otherwise specified by the Committee, the date of grant of an Option under the Plan shall be the date on
which the Committee makes the determination granting such Option. Notice of the determination shall be given to each Optionee to whom an Option is so granted within a reasonable time after the date of such grant. 
 13. Amendment and Termination of the Plan. The Committee may amend or terminate the Plan from time to time in such respects as the Committee may
deem advisable. Any such amendment or termination of the Plan shall not affect Options already granted, and such Options shall remain in full force and effect as if the Plan had not been amended or terminated. 
 14. Conditions Upon Issuance of Shares. Shares shall not be issued with respect to an Option unless the exercise of such Option and the issuance
and delivery of such Shares pursuant thereto shall comply with all relevant provisions of law, including, without limitation, the Securities Act, the Exchange Act, the rules and regulations promulgated thereunder, and the requirements of any stock
exchange upon which the Shares may then be listed, and shall be further subject to the approval of counsel for the Company with respect to such compliance. As a condition to the exercise of an Option, the Company may require the person exercising
such Option to represent and warrant at the time of any such exercise that the Shares are being purchased only for investment and without any present intention to sell or distribute such Shares if, in the opinion of counsel for the Company, such a
representation is required by any of the aforementioned relevant provisions of law. 
 15. Reservation of Shares. During the term of
this Plan the Company will at all times reserve and keep available the number of Shares as shall be sufficient to satisfy the requirements of the Plan. Inability of the Company to obtain from any regulatory body having jurisdiction and authority
deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Shares hereunder shall relieve the Company of any liability in respect of the nonissuance or sale of such Shares as to which such requisite authority shall
not have been obtained. 
 16. Information to Optionee. The Company shall provide or otherwise make available to each Optionee all
such information made available to the Company’s stockholders generally. 
 17. Option Agreement. Options granted under the Plan
shall be evidenced by Option Agreements. 
  

 6Executive Retention and Severance Plan, as amended

 Exhibit 10.3 
 ZORAN CORPORATION 
 EXECUTIVE RETENTION AND SEVERANCE PLAN 
 As Amended Through October 21, 2008 
 1. ESTABLISHMENT AND PURPOSE 
 1.1 Establishment. The Zoran Corporation Executive
Retention and Severance Plan (the “Plan”) is hereby established by the Compensation Committee of the Board of Directors of Zoran Corporation, effective November 8, 2002 (the “Effective
Date”). 
 1.2 Purpose. The Company draws upon the knowledge, experience and advice of
its Officers and Key Employees in order to manage its business for the benefit of the Company’s stockholders. Due to the widespread awareness of the possibility of mergers, acquisitions and other strategic alliances in the Company’s
industry, the topic of compensation and other employee benefits in the event of a Change in Control is an issue in competitive recruitment and retention efforts. The Committee recognizes that the possibility or pending occurrence of a Change in
Control could lead to uncertainty regarding the consequences of such an event and could adversely affect the Company’s ability to attract, retain and motivate its Officers and Key Employees. The Committee has therefore determined that it
is in the best interests of the Company and its stockholders to provide for the continued dedication of its Officers and Key Employees notwithstanding the possibility or occurrence of a Change in Control by establishing this Plan to provide
designated Officers and Key Employees with enhanced financial security in the event of a Change in Control. The purpose of this Plan is to provide its Participants with specified compensation and benefits in the event of termination of
employment under circumstances specified herein upon or following a Change in Control. 
 2. DEFINITIONS AND CONSTRUCTION

 2.1 Definitions. Whenever used in this Plan, the following terms shall have the meanings set forth below:

 (a) “Annual Bonus” means an amount equal to the greatest of (1) the
aggregate of all bonuses earned by the Participant (whether or not actually paid) under the terms of the programs, plans or agreements providing for such bonuses for the fiscal year of the Company immediately preceding the fiscal year of the Change
in Control, (2) the aggregate of all bonuses earned by the Participant (whether or not actually paid) under the terms of the programs, plans or agreements providing for such bonuses for the fiscal year of the Company immediately preceding the
fiscal year of the Participant’s Termination Upon a Change in Control, or (3) the aggregate of all annual bonuses that would be earned by the Participant at the targeted annual rate (assuming attainment of 100% of all applicable
performance goals) under the terms of the programs, plans or agreements providing for such bonuses in which the Participant was participating for the fiscal year of the Participant’s Termination Upon a Change in Control. 
 (b) “Base Salary Rate” means a Participant’s monthly base salary determined at the greater
of (1) the Participant’s monthly base salary rate in effect immediately prior to the Participant’s Termination Upon a Change in Control or (2) the Participant’s monthly base salary rate in effect immediately prior to the
applicable Change in Control. For this purpose, base salary does not include any bonuses, commissions, fringe benefits, car allowances, other irregular payments or any other compensation except base salary. 
 (c) “Benefit Period” means (1) with respect to a Participant who is the Chief Executive
Officer, a period of thirty-six (36) months, (2) with respect to a Participant who is an Executive Officer (other than the Chief Executive Officer), a period of eighteen (18) months, and (3) with respect to a Participant who is a
Key Employee (other than an Executive Officer), a period of nine (9) months. 
 (d) “Board” means the Board of Directors of the Company. 

 (e) “Cause” means the occurrence of any of the
following, as determined in good faith by a vote of not less than two-thirds of the entire membership of the Board at a meeting of the Board called and held for such purpose (after reasonable notice to the Participant and an opportunity for the
Participant, together with the Participant’s counsel, to be heard before the Board): 
 (1) the Participant’s
commission of any act of fraud, embezzlement or dishonesty; 
 (2) the Participant’s unauthorized use or disclosure
of confidential information or trade secrets of any member of the Company Group; or 
 (3) the Participant’s
intentional misconduct adversely affecting the business or affairs of any member of the Company Group. 
 (f) “Change in Control” means, except as otherwise provided in the Participation Agreement applicable to a given Participant, the occurrence of any of the following: 
 (1) any “person” (as such term is used in Sections 13(d) and 14(d) of the Securities Exchange Act of 1934, as
amended (the “Exchange Act”)), other than a trustee or other fiduciary holding securities of the Company under an employee benefit plan of the Company, becomes the “beneficial owner” (as defined in
Rule 13d-3 promulgated under the Exchange Act), directly or indirectly, of securities of the Company representing more than fifty percent (50%) of (i) the outstanding shares of common stock of the Company or (ii) the total
combined voting power of the Company’s then-outstanding securities entitled to vote generally in the election of directors; 
 (2) the Company is party to a merger or consolidation which results in the holders of the voting securities of the Company outstanding immediately prior thereto failing to retain immediately after such merger or consolidation direct or
indirect beneficial ownership of more than fifty percent (50%) of the total combined voting power of the securities entitled to vote generally in the election of directors of the Company or the surviving entity outstanding immediately after
such merger or consolidation; 
 (3) the sale or disposition of all or substantially all of the Company’s assets or
consummation of any transaction having similar effect (other than a sale or disposition to one or more subsidiaries of the Company); or 
 (4) a change in the composition of the Board within any consecutive two-year period as a result of which fewer than a majority of the directors are Incumbent Directors. 
 (g) “Change in Control Period” means a period commencing upon the date of the consummation of a
Change in Control and ending on the date occurring eighteen (18) months thereafter. 
 (h) “Chief
Executive Officer” means the individual who, immediately prior to the consummation of a Change in Control, serves as the Company’s Chief Executive Officer as appointed by the Board. 
 (i) “Code” means the Internal Revenue Code of 1986, as amended, or any successor thereto
and any applicable regulations promulgated thereunder. 
 (j) “Committee” means the
Compensation Committee of the Board. 
 (k) “Company” means Zoran Corporation, a
Delaware corporation, and, following a Change in Control, a Successor that agrees to assume all of the terms and provisions of this Plan or a Successor which otherwise becomes bound by operation of law to this Plan. 
 (l) “Company Group” means the group consisting of the Company and each present or future parent
and subsidiary corporation or other business entity thereof. 
  

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 (m) “Disability” means a Participant’s
permanent and total disability within the meaning of Section 22(e)(3) of the Code. 
 (n) “Executive Officer” means an individual who, immediately prior to the consummation of a Change in Control, serves as an executive officer of the Company appointed by the Board. 
 (o) “Equity Award” means any Option, Restricted Stock, Restricted Stock Units or Stock
Appreciation Right award. 
 (p) “Good Reason” means Participant resigns
Participant’s employment after the occurrence of any of the following conditions upon or following a Change in Control, without the Participant’s informed written consent, provided, however, that with respect to each of the following
conditions, Participant must (a) within ninety (90) days following its occurrence, deliver to the Company a written explanation specifying the basis for Participant’s belief that Participant is entitled to terminate Participant’s
employment for Good Reason and (b) give the Company an opportunity to cure any of the following within thirty (30) days following delivery of such explanation: 
 (1) assignment of the Participant to a position that is not a Substantive Functional Equivalent of the position which the
Participant occupied immediately prior to the Change in Control; 
 (2) a decrease in the Participant’s Base Salary
Rate or a decrease in the Participant’s target bonus amount (subject to applicable performance requirements with respect to the actual amount of bonus compensation earned by the Participant); 
 (3) any failure by the Company to (i) continue to provide the Participant with the opportunity to participate, on terms no less
favorable than those in effect for the benefit of any employee group which customarily includes a person holding the employment position or a comparable position with the Company Group then held by the Participant, in any benefit or compensation
plans and programs, including, but not limited to, the Company Group’s life, disability, health, dental, medical, savings, profit sharing, stock purchase and retirement plans, if any, in which the Participant was participating immediately prior
to the date of the Change in Control, or their equivalent, or (ii) provide the Participant with all other fringe benefits (or their equivalent) from time to time in effect for the benefit of any employee group which customarily includes a
person holding the employment position or a comparable position with the Company Group then held by the Participant; 
 (4) the relocation of the Participant’s work place for the Company Group to a location that increases the regular commute distance between the Participant’s residence and work place by more than thirty (30) miles
(one-way), or the imposition of travel requirements substantially more demanding of the Participant than such travel requirements existing immediately prior to the Change in Control; or 
 (5) any material breach of this Plan by the Company with respect to the Participant. 
 The existence of Good Reason shall not be affected by the Participant’s temporary incapacity due to physical or mental illness not constituting a
Disability. Subject to the terms and conditions set forth herein, the Participant’s continued employment shall not constitute consent to, or a waiver of rights with respect to, any condition constituting Good Reason hereunder. For the
purposes of any determination regarding the existence of Good Reason hereunder, any claim by the Participant that Good Reason exists shall be presumed to be correct unless the Company establishes to the Board that Good Reason does not exist, and the
Board, acting in good faith, affirms such determination by a vote of not less than two-thirds of its entire membership. 
 (q) “Incumbent Director” means a director who either (1) is a member of the Board as of the Effective Date, or (2) is elected, or nominated for election, to the Board with the affirmative
votes of at least a majority of the Incumbent Directors at the time of such election or nomination, but (3) was not elected or nominated in connection with an actual or threatened proxy contest relating to the election of directors of the
Company. 
  

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 (r) “Key Employee” means an individual, other
than an Executive Officer, who, immediately prior to the consummation of a Change in Control, is employed by the Company Group and has been designated by the Board or the Committee as eligible to participate in the Plan. 
 (s) “Option” means any option to purchase shares of the capital stock of the Company or of any
other member of the Company Group granted to a Participant by the Company or any other Company Group member, whether granted before or after a Change in Control. 
 (t) “Participant” means each Executive Officer and each Key Employee designated by the
Committee to participate in the Plan, provided such individual has executed a Participation Agreement. 
 (u) “Participation Agreement” means an Agreement to Participate in the Zoran Corporation Executive Retention and Severance Plan in the form attached hereto as Exhibit A or in such other
form as the Committee may approve from time to time; provided, however, that, after a Participation Agreement has been entered into between a Participant and the Company, it may be modified only by a supplemental written agreement executed by both
the Participant and the Company. The terms of such forms of Participation Agreement need not be identical with respect to each Participant. For example, a Participation Agreement may limit the duration of a Participant’s participation
in the Plan or may modify the definition of “Change in Control” with respect to a Participant. 
 (v) “Release” means a general release of all known and unknown claims against the Company and its affiliates and their stockholders, directors, officers, employees, agents, successors and assigns
substantially in the appropriate form attached hereto as Exhibit B, with any modifications thereto determined by legal counsel to the Company to be necessary or advisable to comply with applicable law or to accomplish the intent of
Section 9 hereof. 
 (w) “Restricted Stock” means any shares of the capital
stock of the Company or of any other member of the Company Group granted to a Participant by the Company or any other Company Group member or acquired upon the exercise of an Option, whether such shares are granted or acquired before or after a
Change in Control, including any shares issued in exchange for any such shares by a Successor or any other member of the Company Group. 
 (x) “Restricted Stock Units” mean any award of rights to receive shares of the capital stock of the Company or of any other member of the Company Group at one or more
specified future times or upon the satisfaction of one or more specified conditions granted to a Participant by the Company or any other Company Group member, whether such awards are granted before or after a Change in Control, including any such
awards granted in exchange for such awards by a Successor or any other member of the Company Group. 
 (y) “Stock Appreciation Right” means any award consisting of the right to receive payment, for each share of the capital stock of the Company or of any other member of the Company Group subject to
such award, of an amount equal to the excess, if any, of the fair market value of such share on the date of exercise of the award over the exercise price for such share granted to a Participant by the Company or any other Company Group member,
whether such awards are granted before or after a Change in Control, including any such awards granted in exchange for such awards by a Successor or any other member of the Company Group. 
 (z) “Substantive Functional Equivalent” means an employment position occupied by a Participant
after a Change in Control that: 
 (1) is in a substantive area of competence (such as, accounting, executive
management, finance, human resources, marketing, sales and service, or operations, etc.) that is consistent with the Participant’s experience and not materially different from the position occupied by the Participant immediately prior to the
Change in Control; 
 (2) allows the Participant to serve in a role and perform duties that are functionally equivalent
to those performed immediately prior to the Change in Control (such as business unit executive with profit and loss responsibility, product line manager, marketing strategist, geographic sales manager, executive officer, etc.); and 
  

 4 

 (3) does not otherwise constitute a material, adverse change in the
Participant’s responsibilities or duties, as measured against the Participant’s responsibilities or duties prior to the Change in Control, causing it to be of materially lesser rank or responsibility within the Company or an equivalent
business unit of its parent. 
 (aa) “Successor” means any successor in interest to
substantially all of the business and/or assets of the Company. 
 (bb) “Termination Upon a Change in
Control” means the occurrence of any of the following events: 
 (1) termination by the Company
Group of the Participant’s employment for any reason other than Cause during the Change in Control Period; or 
 (2) the Participant’s resignation for Good Reason during the Change in Control Period from all capacities in which the Participant is then rendering service to the Company Group; 
 provided, however, that Termination Upon a Change in Control shall not include any termination of the Participant’s employment which is (i) for Cause,
(ii) a result of the Participant’s death or Disability, or (iii) a result of the Participant’s voluntary termination of employment other than for Good Reason. 
 A Termination Upon a Change in Control is intended to constitute, as applicable, a “separation from service” within the meaning of Section 409A of the Code, and Section 1.409A-1(h) of the
regulations promulgated thereunder. 
 2.2 Construction. Captions and titles contained herein are for
convenience only and shall not affect the meaning or interpretation of any provision of the Plan. Except when otherwise indicated by the context, the singular shall include the plural and the plural shall include the singular. Use of the
term “or” is not intended to be exclusive, unless the context clearly requires otherwise. 
 3. ELIGIBILITY

 The Board or Committee shall designate those Executive Officers and Key Employees who shall be eligible to become
Participants in the Plan. 
 4. TREATMENT OF CERTAIN EQUITY AWARDS UPON A CHANGE IN CONTROL 
 Notwithstanding any provision to the contrary contained in any agreement evidencing an Option, Stock Appreciation Right or Restricted
Stock Units award granted to a Participant, in the event of a Change in Control in which the surviving, continuing, successor, or purchasing corporation or other business entity or parent thereof, as the case may be (the “Acquiring
Corporation”), does not assume or continue the Company’s rights and obligations under any of the then-outstanding Options, Stock Appreciation Rights or Restricted Stock Units held by the Participant or substitute for any
such awards substantially equivalent options, stock appreciation rights or restricted stock units, as the case may be, for the Acquiring Corporation’s stock, then the vesting, exercisability and settlement of each such award which is not
assumed, continued or substituted for shall be accelerated in full effective immediately prior to but conditioned upon the consummation of the Change in Control. For purposes of this Section, an Option, Stock Appreciation Right or Restricted
Stock Unit shall be deemed assumed if, and only if, following the Change in Control, the Option, Stock Appreciation Right or Restricted Stock Unit, as the case may be, confers the right to receive, subject to the terms and conditions of the stock
plan and award agreement pursuant to which such award was granted which are not inconsistent with this Section, for each share of stock of the Company subject to such award immediately prior to the consummation of the Change in Control (and not
previously issued in settlement of such award), stock of the Acquiring Corporation having a fair market value equal to the fair market value of the consideration (whether stock, cash, other securities or property or a combination thereof) to which a
holder of a share of stock of the Company on the effective date of the Change in Control was entitled, such fair market values being determined as of the date of the Change in Control. 
  

 5 

 5. SEVERANCE BENEFITS 
 In the event of a Participant’s Termination Upon a Change in Control and provided that the Participant has executed and not revoked a
Release within sixty (60) days following such Termination Upon a Change in Control, the Participant shall be entitled to receive, in addition to all compensation and benefits earned by the Participant through the date of the Participant’s
termination of employment, the following severance payments and benefits: 
 5.1 Salary and Bonus. Subject to Section 6 and provided that in no event shall any payment under this Section 5.1 be made following March 15th of the year following the year in which Participant’s termination of employment occurs, within thirty (30) days following the later of the Participant’s termination
of employment or the last day following the Participant’s execution of the Release on which the Participant may, by its terms, revoke such Release, the Company shall pay to the Participant in a lump sum cash payment an amount equal to the sum
of (a) the Participant’s Base Salary Rate multiplied by the number of months in the Benefit Period applicable to the Participant and (b) the Participant’s Annual Bonus multiplied by a ratio, the numerator of which is the number
of months in the Benefit Period applicable to the Participant and the denominator of which is twelve (12). 
 5.2 Health
and Life Insurance Benefits. For the period commencing immediately following the Participant’s termination of employment and continuing for the duration of the Benefit Period applicable to the Participant, the Company shall arrange to
provide the Participant and his or her dependents with health (including medical and dental) and life insurance benefits substantially similar to those provided to the Participant and his or her dependents immediately prior to the date of such
termination of employment (without giving effect to any reduction in such benefits constituting Good Reason). Such benefits shall be provided to the Participant at the same premium cost to the Participant and at the same coverage level as in
effect as of the Participant’s termination of employment (without giving effect to any reduction in such benefits constituting Good Reason); provided, however, that the Participant shall be subject to any change in the premium cost and/or level
of coverage applicable generally to all employees holding the position or comparable position with the Company which the Participant held immediately prior to the Change in Control. The Company may satisfy its obligation to provide a
continuation of health insurance benefits by paying that portion of the Participant’s premiums required under the Consolidated Omnibus Budget Reconciliation Act (“COBRA”) that exceed the amount of premiums
that the Participant would have been required to pay for continuing coverage had he or she continued in employment. If the Company is not reasonably able to continue such coverage under the Company’s benefit plans, the Company shall
provide substantially equivalent coverage under other sources or will reimburse the Participant for premiums (in excess of the Participant’s premium cost described above) incurred by the Participant to obtain his or her own such
coverage. If the Participant becomes eligible to receive such coverage under another employer’s benefit plans during the applicable Benefit Period, the Participant shall report such eligibility to the Company, and the Company’s
obligations under this Section 5.2 shall be secondary to the coverage provided by such other employer’s plans. For the balance of any period in excess of the applicable Benefit Period during which the Participant is entitled to
continuation coverage under COBRA, the Participant shall be entitled to maintain coverage for himself or herself and the Participant’s eligible dependents at the Participant’s own expense. 
 5.3 Acceleration of Vesting of Equity Awards; Extension of Option Exercise Period. Notwithstanding any provision to the
contrary contained in any agreement evidencing an Equity Award granted to a Participant, the vesting, exercisability and settlement of each of the Participant’s outstanding Equity Awards shall be accelerated in full effective as of the date of
the Participant’s termination of employment so that each Equity Award held by the Participant shall be immediately exercisable and fully vested (and, in the case of Restricted Stock Units, shall be settled in full), as of the date of the
Participant’s termination of employment. Furthermore, each Option and Stock Appreciation Right, to the extent unexercised on the date on which the Participant’s employment terminated, may be exercised by the Participant (or the
Participant’s guardian or legal representative) at any time prior to the later of the date specified in the agreement evidencing such Option or Stock Appreciation Right or the expiration of one (1) year after the date on which the
Participant’s employment terminated, but in any event no later than the date of expiration of the term of the Option or Stock Appreciation Right as set forth in the agreement evidencing such award. The application of this Section shall be
modified to the minimum extent, if any, necessary to avoid the imposition of a penalty under Section 409A of the Code, if applicable. 
  

 6 

 5.4 Indemnification; Insurance. 
 (a) In addition to any rights a Participant may have under any indemnification agreement previously entered into between the Company
and such Participant (a “Prior Indemnity Agreement”), from and after the date of the Participant’s termination of employment, the Company shall indemnify and hold harmless the Participant against any costs
or expenses (including attorneys’ fees), judgments, fines, losses, claims, damages or liabilities incurred in connection with any claim, action, suit, proceeding or investigation, whether civil, criminal, administrative or investigative, by
reason of the fact that the Participant is or was a director, officer, employee or agent of the Company Group, or is or was serving at the request of the Company Group as a director, officer, employee or agent of another corporation, partnership,
joint venture, trust or other enterprise, whether asserted or claimed prior to, at or after the date of the Participant’s termination of employment, to the fullest extent permitted under applicable law, and the Company shall also advance fees
and expenses (including attorneys’ fees) as incurred by the Participant to the fullest extent permitted under applicable law. In the event of a conflict between the provisions of a Prior Indemnity Agreement and the provisions of this Plan,
the Participant may elect which provisions shall govern. 
 (b) For a period of six (6) years from and after the
date of termination of employment of a Participant who was an officer and/or director of the Company at any time prior to such termination of employment, the Company shall maintain a policy of directors’ and officers’ liability insurance
for the benefit of such Participant which provides him or her with coverage no less favorable than that provided for the Company’s continuing officers and directors. 
 6. FEDERAL EXCISE TAX UNDER SECTION 4999 OF THE CODE 
 6.1 Excess
Parachute Payment. In the event that any payment or benefit received or to be received by the Participant pursuant to this Plan or otherwise (collectively, the “Payments”) would subject the Participant
to any excise tax pursuant to Section 4999 of the Code (the “Excise Tax”) due to the characterization of such Payments as an excess parachute payment under Section 280G of the Code, then,
notwithstanding the other provisions of this Plan, the amount of such Payments will not exceed the amount which produces the greatest after-tax benefit to the Participant. Any reduction of the Payments pursuant to this section shall reduce cash
payments first followed by reductions in equity compensation benefits. Reduction in either cash payments or equity compensation benefits shall be made prorata between and among benefits which are subject to Section 409A of the Code and benefits
which are exempt from Section 409A of the Code. 
 6.2 Determination by Accountants. Upon the occurrence
of any event (the “Event”) that would give rise to any Payments pursuant to this Plan, the Company shall promptly request a determination in writing to be made within thirty (30) days of the date of the
Event by independent public accountants (the “Accountants”) selected by the Company and reasonably acceptable to the Participant of the amount and type of such Payments which would produce the greatest after-tax
benefit to the Participant. For the purposes of such determination, the Accountants may rely on reasonable, good faith interpretations concerning the application of Sections 280G and 4999 of the Code. The Company and the Participant shall
furnish to the Accountants such information and documents as the Accountants may reasonably request in order to make their required determination. The Company shall bear all fees and expenses the Accountants may reasonably charge in connection
with their services contemplated by this Section. In the event that the report of the Accountants is not received within thirty (30) days following the Participant’s Termination Upon Change in Control, the Company shall pay to the
Participant the cash severance benefits required by Section 5.1 above (subject to any reduction necessary to produce the greatest after-tax benefit to the Participant) within ten (10) days of the date of the Accountants’ report of
their determination. 
 7. SECTION 409A COMPLIANCE 
 To the extent applicable (i) any payments to which the Participant becomes entitled under this Plan, or any agreement or plan
referenced herein, in connection with the Participant’s termination of employment 

  

 7 

 
with the Company constitute deferred compensation subject to Section 409A of the Code and (ii) the Participant is deemed at the time of such
termination of employment to be a “specified” employee under Section 409A of the Code, then such payment or payments shall not be made or commence until the earliest of (a) the expiration of the six (6)-month period
measured from the date of the Participant’s “separation from service” (as such term is at the time defined in Treasury Regulations under Section 409A of the Code) with the Company; or (b) the date of the Participant’s
death following such separation from service; provided, however, that such deferral shall only be effected to the extent required to avoid adverse tax treatment to the Participant, including (without limitation) the additional twenty percent
(20%) tax for which the Participant would otherwise be liable under Section 409A(a)(1)(B) of the Code in the absence of such deferral. Upon the expiration of the applicable deferral period, any payments which would have otherwise been made
during that period (whether in a single sum or in installments) in the absence of this paragraph shall be paid to the Participant or the Participant’s beneficiary in one lump sum. 
 8. CONFLICT IN BENEFITS; NONCUMULATION OF BENEFITS 
 8.1 Effect of Plan. The terms of this Plan, when accepted by a Participant pursuant to an executed Participation
Agreement, shall supersede all prior arrangements, whether written or oral, and understandings regarding the subject matter of this Plan and shall be the exclusive agreement for the determination of any payments and benefits due to the Participant
upon the events described in Sections 4, 5 and 6. 
 8.2 Noncumulation of Benefits. Except as expressly
provided in a written agreement between a Participant and the Company entered into after the date of such Participant’s Participation Agreement and which expressly disclaims this Section 8.2 and is approved by the Board or the Committee,
the total amount of payments and benefits that may be received by the Participant as a result of the events described in Sections 4, 5 and 6 pursuant to (a) the Plan, (b) any agreement between the Participant and the Company Group or
(c) any other plan, practice or statutory obligation of the Company Group, shall not exceed the amount of payments and benefits provided by this Plan upon such events (plus any payments and benefits provided pursuant to an agreement evidencing
an Equity Award or a Prior Indemnity Agreement), and the aggregate amounts payable under this Plan shall be reduced to the extent of any excess (but not below zero). 
 9. EXCLUSIVE REMEDY 
 The payments and benefits provided by Section 5 and
Section 6 (plus any payments and benefits provided pursuant to an agreement evidencing an Equity Award or a Prior Indemnity Agreement), if applicable, shall constitute the Participant’s sole and exclusive remedy for any alleged injury or
other damages arising out of the cessation of the employment relationship between the Participant and the Company Group in the event of the Participant’s Termination Upon a Change in Control. The Participant shall be entitled to no other
compensation, benefits, or other payments from the Company Group as a result of any Termination Upon a Change in Control with respect to which the payments and benefits described in Section 5 and Section 6 (plus any payments and benefits
provided pursuant to an agreement evidencing an Equity Award or a Prior Indemnity Agreement), if applicable, have been provided to the Participant, except as expressly set forth in this Plan or, subject to the provisions of Sections 8.2, in a
duly executed employment agreement between the Company Group and the Participant. 
 10. PROPRIETARY AND CONFIDENTIAL
INFORMATION 
 The Participant agrees to continue to abide by the terms and conditions of the confidentiality and/or
proprietary rights agreement between the Participant and the Company. 
 11. NONSOLICITATION 
 If the Company performs its obligations to deliver the payments and benefits set forth in Section 5 and Section 6 (plus any
payments and benefits provided pursuant to an agreement evidencing an Equity Award or a Prior Indemnity Agreement), then for a period equal to the Benefit Period applicable to a Participant following the Participant’s Termination Upon a Change
in Control, the Participant shall not, directly or indirectly, recruit, solicit or invite the solicitation of any employees of the Company to terminate their employment relationship with the Company. 
  

 8 

 12. NO CONTRACT OF EMPLOYMENT 
 Neither the establishment of the Plan, nor any amendment thereto, nor the payment of any benefits shall be construed as giving any person
the right to be retained by the Company, a Successor or any other member of the Company Group. Except as otherwise established in an employment agreement between the Company and a Participant, the employment relationship between the Participant
and the Company is an “at-will” relationship. Accordingly, either the Participant or the Company may terminate the relationship at any time, with or without cause, and with or without notice except as otherwise provided by
Section 15. In addition, nothing in this Plan shall in any manner obligate any Successor or other member of the Company Group to offer employment to any Participant or to continue the employment of any Participant which it does hire for
any specific duration of time. 
 13. ARBITRATION 
 13.1 Disputes Subject to Arbitration. Any claim, dispute or controversy arising out of this Plan, the interpretation,
validity or enforceability of this Plan or the alleged breach thereof shall be submitted by the parties to binding arbitration by the American Arbitration Association; provided, however, that (a) the arbitrator shall have no authority to make
any ruling or judgment that would confer any rights with respect to trade secrets, confidential and proprietary information or other intellectual property; and (b) this arbitration provision shall not preclude the parties from seeking legal and
equitable relief from any court having jurisdiction with respect to any disputes or claims relating to or arising out of the misuse or misappropriation of intellectual property. Judgment may be entered on the award of the arbitrator in any
court having jurisdiction. 
 13.2 Site of Arbitration. The site of the arbitration proceeding shall be in
Santa Clara, California or any other site mutually agreed to by the Company and the Participant. 
 13.3 Costs and
Expenses Borne by Company. All costs and expenses of arbitration, including but not limited to reasonable attorneys’ fees and other costs reasonably incurred by the Participant in connection with an arbitration in accordance with this
Section 13, shall be paid by the Company. Notwithstanding the foregoing, if the Participant initiates the arbitration, and the arbitrator finds that the Participant’s claims were totally without merit or frivolous, then the
Participant shall be responsible for the Participant’s own attorneys’ fees and costs. 
 14. SUCCESSORS AND ASSIGNS

 14.1 Successors of the Company. The Company shall require any successor or assign (whether direct or
indirect, by purchase, merger, consolidation or otherwise) to all or substantially all of the business and/or assets of the Company, expressly, absolutely and unconditionally to assume and agree to perform this Plan in the same manner and to the
same extent that the Company would be required to perform it if no such succession or assignment had taken place. Failure of the Company to obtain such agreement shall be a material breach of this Plan and shall entitle the Participant to
resign for Good Reason and to receive the benefits provided under this Plan in the event of Termination Upon a Change in Control. 
 14.2 Acknowledgment by Company. If, after a Change in Control, the Company fails to reasonably confirm that it has performed the obligation described in Section 14.1 within thirty (30) days after written notice
from the Participant, such failure shall be a material breach of this Plan and shall entitle the Participant to resign for Good Reason and to receive the benefits provided under this Plan in the event of Termination Upon a Change in Control.

 14.3 Heirs and Representatives of Participant. This Plan shall inure to the benefit of and be enforceable
by the Participant’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devises, legatees or other beneficiaries. If the Participant should die while any amount would still be payable to the
Participant hereunder (other than amounts which, by their terms, terminate upon the death of the Participant) if the Participant had continued to live, then all such amounts, unless otherwise provided herein, shall be paid in accordance with the
terms of this Plan to the executors, personal representatives or administrators of the Participant’s estate. 
  

 9 

 15. NOTICES 
 15.1 General. For purposes of this Plan, notices and all other communications provided for herein shall be in writing and
shall be deemed to have been duly given when personally delivered or when mailed by United States certified mail, return receipt requested, or by overnight courier, postage prepaid, as follows: 
 (a) if to the Company: 
 Zoran Corporation 
 1390 Kifer Road 
 Sunnyvale, California 94086 
 Attention: President 
 (b) if to the Participant, at the home address which the Participant most recently communicated to the Company in writing.

 Either party may provide the other with notices of change of address, which shall be effective upon receipt. 
 15.2 Notice of Termination. Any termination by the Company of the Participant’s employment during the Change in
Control Period or any resignation by the Participant during the Change in Control Period shall be communicated by a notice of termination or resignation to the other party hereto given in accordance with Section 15.1. Such notice shall
indicate the specific termination provision in this Plan relied upon, shall set forth in reasonable detail the facts and circumstances claimed to provide a basis for termination under the provision so indicated, and shall specify the termination
date. 
 16. TERMINATION AND AMENDMENT OF PLAN 
 This Plan and/or any Participation Agreement executed by a Participant may not be terminated with respect to such Participant without the
written consent of the Participant. This Plan and/or any Participation Agreement executed by a Participant may be modified, amended or superseded with respect to such Participant only by a supplemental written agreement between the Participant
and the Company. 
 17. MISCELLANEOUS PROVISIONS 
 17.1 Unfunded Obligation. Any amounts payable to Participants pursuant to the Plan are unfunded obligations. The
Company shall not be required to segregate any monies from its general funds, or to create any trusts, or establish any special accounts with respect to such obligations. The Company shall retain at all times beneficial ownership of any
investments, including trust investments, which the Company may make to fulfill its payment obligations hereunder. Any investments or the creation or maintenance of any trust or any Participant account shall not create or constitute a trust or
fiduciary relationship between the Board or the Company and a Participant, or otherwise create any vested or beneficial interest in any Participant or the Participant’s creditors in any assets of the Company. 
 17.2 No Duty to Mitigate; Obligations of Company. A Participant shall not be required to mitigate the amount of any
payment or benefit contemplated by this Plan by seeking employment with a new employer or otherwise, nor shall any such payment or benefit (except for benefits to the extent described in Section 5.2) be reduced by any compensation or benefits
that the Participant may receive from employment by another employer. Except as otherwise provided by this Plan, the obligations of the Company to make payments to the Participant and to make the arrangements provided for herein are absolute
and unconditional and may not be reduced by any circumstances, including without limitation any set-off, counterclaim, recoupment, defense or other right which the Company may have against the Participant or any third party at any time. 

17.3 No Representations. By executing a Participation Agreement, the Participant acknowledges that in becoming a
Participant in the Plan, the Participant is not relying and has not relied on any promise, representation or statement made by or on behalf of the Company which is not set forth in this Plan. 
  

 10 

 17.4 Waiver. No waiver by the Participant or the Company of any breach of, or of
any lack of compliance with, any condition or provision of this Plan by the other party shall be considered a waiver of any other condition or provision or of the same condition or provision at another time. 
 17.5 Choice of Law. The validity, interpretation, construction and performance of this Plan shall be governed by the
substantive laws of the State of California, without regard to its conflict of law provisions. 
 17.6 Validity. The invalidity or unenforceability of any provision of this Plan shall not affect the validity or enforceability of any other provision of this Plan, which shall remain in full force and effect. 

17.7 Benefits Not Assignable. Except as otherwise provided herein or by law, no right or interest of any Participant
under the Plan shall be assignable or transferable, in whole or in part, either directly or by operation of law or otherwise, including, without limitation, by execution, levy, garnishment, attachment, pledge or in any other manner, and no attempted
transfer or assignment thereof shall be effective. No right or interest of any Participant under the Plan shall be liable for, or subject to, any obligation or liability of such Participant. 
 17.8 Tax Withholding. All payments made pursuant to this Plan will be subject to withholding of applicable income and
employment taxes. 
 17.9 Consultation with Legal and Financial Advisors. By executing a Participation
Agreement, the Participant acknowledges that this Plan confers significant legal rights, and may also involve the waiver of rights under other agreements; that the Company has encouraged the Participant to consult with the Participant’s
personal legal and financial advisors; and that the Participant has had adequate time to consult with the Participant’s advisors before executing the Participation Agreement. 
 18. AGREEMENT 
 By executing a Participation Agreement, the Participant acknowledges that the Participant has received a copy of this Plan and has read, understands and is familiar with the terms and provisions of this Plan. This Plan shall constitute
an agreement between the Company and the Participant executing a Participation Agreement. 
  

 11 

 EXHIBIT A 
 FORM OF 
 AGREEMENT TO PARTICIPATE IN THE 
 ZORAN CORPORATION 
 EXECUTIVE RETENTION AND SEVERANCE PLAN 

 AGREEMENT TO PARTICIPATE IN THE 
 ZORAN CORPORATION 
 EXECUTIVE RETENTION AND SEVERANCE PLAN 
 As Amended Through October 21, 2008 
 In consideration of the benefits provided by the Zoran Corporation Executive Retention and Severance Plan, as amended through October 21, 2008 (the “Plan”), the undersigned employee of Zoran
Corporation or a wholly-owned subsidiary of Zoran Corporation, as applicable, (the “Company”) and the Company agree that, as of the date written below, the undersigned shall become a Participant in the Plan and
shall be fully bound by and subject to all of its provisions. All references to a “Participant” in the Plan shall be deemed to refer to the undersigned. 
 The undersigned employee acknowledges that the Plan confers significant legal rights and may also constitute a waiver of rights under other agreements with the Company; that the Company has encouraged the undersigned
to consult with the undersigned’s personal legal and financial advisors; and that the undersigned has had adequate time to consult with the undersigned’s advisors before executing this agreement. 
 The undersigned employee acknowledges that he or she has received a copy of the Plan and has read, understands and is familiar with the terms and
provisions of the Plan. The undersigned employee further acknowledges that (1) by accepting the arbitration provision set forth in Section 13 of the Plan, the undersigned is waiving any right to a jury trial in the event of any
dispute covered by such provision and (2) except as otherwise established in an employment agreement between the Company and the undersigned, the employment relationship between the undersigned and the Company is an “at-will”
relationship. 
 Executed on
                    . 
  

	
	PARTICIPANT
	
	  
	Signature
	
	  
	Name Printed
	
	  
	Address
	  

  

			
	
	ZORAN CORPORATION
		
	By:	 	 

			
		
	Title:	 	 

 EXHIBIT B 
 FORMS OF 
 GENERAL RELEASE OF CLAIMS 

 GENERAL RELEASE OF CLAIMS 
 [Age 40 and over] 
 This Agreement is by and between [Employee Name]
(“Employee”) and [Zoran Corporation or successor that agrees to assume the Executive Retention and Severance Plan following a Change in Control] (the “Company”). This Agreement will become effective on the eighth
(8th) day after it is signed by Employee (the “Effective Date”), provided that the Company has signed this Agreement and Employee has not revoked this Agreement (by written notice to [Company Contact Name] at the Company) prior
to that date. 
 RECITALS 
 A. Employee was employed by the Company as of                 ,         . 
 B. Employee and the Company entered into an Agreement to Participate in the Zoran Corporation Executive Retention and Severance Plan (such agreement
and plan being referred to herein as the “Plan”) effective as of             ,          wherein Employee is entitled to
receive certain benefits in the event of a Termination Upon a Change in Control (as defined by the Plan), provided Employee signs and does not revoke a Release (as defined by the Plan). 
 C. A Change in Control (as defined by the Plan) has occurred as a result of [briefly describe change in control] 
 D. Employee’s employment is being terminated as a result of a Termination Upon a Change in Control. Employee’s last day of work and
termination are effective as of             ,         . Employee desires to receive the payments and benefits provided by the Plan
by executing this Release. 
 NOW, THEREFORE, the parties agree as follows: 
 1. Commencing on the Effective Date, the Company shall provide Employee with the applicable payments and benefits set forth in the Plan in
accordance with the terms of the Plan. Employee acknowledges that the payments and benefits made pursuant to this paragraph are made in full satisfaction of the Company’s obligations under the Plan. Employee further acknowledges that
Employee has been paid all wages and accrued, unused vacation that Employee earned during his or her employment with the Company. 
 2. Employee and Employee’s successors release the Company, its respective subsidiaries, stockholders, investors, directors, officers, employees, agents, attorneys, insurers, legal successors and assigns of and from any and all
claims, actions and causes of action, whether now known or unknown, which Employee now has, or at any other time had, or shall or may have against those released parties based upon or arising out of any matter, cause, fact, thing, act or omission
whatsoever directly related to Employee’s employment by the Company or the termination of such employment and occurring or existing at any time up to and including the Effective Date, including, but not limited to, any claims of breach of
written contract, wrongful termination, retaliation, fraud, defamation, infliction of emotional distress, or national origin, race, age, sex, sexual orientation, disability or other discrimination or harassment under the Civil 

  

 15 

 
Rights Act of 1964, the Age Discrimination In Employment Act of 1967, the Americans with Disabilities Act, the Fair Employment and Housing Act or any other
applicable law. Notwithstanding the foregoing, this release shall not apply to any right of the Employee pursuant to Section 5.4 of the Plan or pursuant to a Prior Indemnity Agreement (as such term is defined by the Plan). 
 3. Employee acknowledges that he or she has read Section 1542 of the Civil Code of the State of California, which states in full: 

A general release does not extend to claims which the creditor does not know or suspect to exist in his favor at the time of executing the release,
which if known by him must have materially affected his settlement with the debtor. 
 Employee waives any rights that Employee has or may have under
Section 1542 and comparable or similar provisions of the laws of other states in the United States to the full extent that he or she may lawfully waive such rights pertaining to this general release of claims, and affirms that Employee is
releasing all known and unknown claims that he or she has or may have against the parties listed above. 
 4. Employee and the Company
acknowledge and agree that they shall continue to be bound by and comply with the terms and obligations under the following agreements: (i) any proprietary rights or confidentiality agreements between the Company and Employee, (ii) the
Plan, (iii) any Prior Indemnity Agreement (as such term is defined by the Plan) to which Employee is a party, and (iv) any stock option, stock grant or stock purchase agreements between the Company and Employee. 
 5. This Agreement shall be binding upon, and shall inure to the benefit of, the parties and their respective successors, assigns, heirs and personal
representatives. 
 6. The parties agree that any and all disputes that both (i) arise out of the Plan, the interpretation,
validity or enforceability of the Plan or the alleged breach thereof and (ii) relate to the enforceability of this Agreement or the interpretation of the terms of this Agreement shall be subject to binding arbitration pursuant to
Section 13 of the Plan. 
 7. The parties agree that any and all disputes that (i) do not arise out of the Plan, the
interpretation, validity or enforceability of the Plan or the alleged breach thereof and (ii) relate to the enforceability of this Agreement, the interpretation of the terms of this Agreement or any of the matters herein released or herein
described shall be subject to binding arbitration, to the extent permitted by law, in Santa Clara, California or any other cite mutually agreed to by the Company and Employee, before the American Arbitration Association, as provided in this
paragraph. The parties agree to and hereby waive their rights to jury trial as to such matters to the extent permitted by law; provided however, that (a) the arbitrator shall have no authority to make any ruling or judgment that would
confer any rights with respect to trade secrets, confidential and proprietary information or other intellectual property; and (b) this arbitration provision shall not preclude the parties from seeking legal and equitable relief from any court
having jurisdiction with respect to any disputes or claims relating to or arising out of the misuse 

  

 2 

 
or misappropriation of intellectual property. The Company shall bear the costs of the arbitrator, forum and filing fees and each party shall bear its
own respective attorney fees and all other costs, unless otherwise provided by law and awarded by the arbitrator. 
 8. This Agreement
constitutes the entire agreement between the parties with respect to the subject matter hereof and supersedes all prior negotiations and agreements, whether written or oral, with the exception of any agreements described in paragraph 4 of this
Agreement. This Agreement may not be modified or amended except by a document signed by an authorized officer of the Company and Employee. If any provision of this Agreement is deemed invalid, illegal or unenforceable, such provision shall
be modified so as to make it valid, legal and enforceable, and the validity, legality and enforceability of the remaining provisions of this Agreement shall not in any way be affected. 
 EMPLOYEE UNDERSTANDS THAT EMPLOYEE SHOULD CONSULT WITH AN ATTORNEY PRIOR TO SIGNING THIS AGREEMENT AND THAT EMPLOYEE IS GIVING UP ANY LEGAL CLAIMS EMPLOYEE HAS AGAINST THE PARTIES RELEASED ABOVE BY SIGNING THIS
AGREEMENT. EMPLOYEE FURTHER UNDERSTANDS THAT EMPLOYEE MAY HAVE UP TO 45 DAYS TO CONSIDER THIS AGREEMENT, THAT EMPLOYEE MAY REVOKE IT AT ANY TIME DURING THE 7 DAYS AFTER EMPLOYEE SIGNS IT, AND THAT IT SHALL NOT BECOME EFFECTIVE UNTIL THAT 7-DAY
PERIOD HAS PASSED. EMPLOYEE ACKNOWLEDGES THAT EMPLOYEE IS SIGNING THIS AGREEMENT KNOWINGLY, WILLINGLY AND VOLUNTARILY IN EXCHANGE FOR THE COMPENSATION AND BENEFITS DESCRIBED IN PARAGRAPH 1. 
  

									
	Dated:	 	 	 		 	 
		 		 	[Employee Name]
			
		 		 	[Company]
					
	Dated:	 	 	 		 	By:	 	 
		 		 		 		 	

  

 3 

 GENERAL RELEASE OF CLAIMS 
 [Under age 40] 
 This Agreement is by and between [Employee Name]
(“Employee”) and [Zoran Corporation or successor that agrees to assume the Executive Retention and Severance Plan following a Change in Control] (the “Company”). This Agreement is effective on the day it is signed by
Employee (the “Effective Date”). 
 RECITALS 
 A. Employee was employed by the Company as of             ,         . 
 B. Employee and the Company entered into an Agreement to Participate in the Zoran Corporation Executive Retention and Severance Plan (such agreement
and plan being referred to herein as the “Plan”) effective as of             ,          wherein Employee is entitled to receive certain
benefits in the event of a Termination Upon a Change in Control (as defined by the Plan), provided Employee signs a Release (as defined by the Plan). 
 C. A Change in Control (as defined by the Plan) has occurred as a result of [briefly describe change in control] 
 D. Employee’s employment is being terminated as a result of a Termination Upon a Change in Control. Employee’s last day of work and termination are effective as of
            ,          (the “Termination Date”). Employee desires to receive the payments and benefits provided by the Plan by
executing this Release. 
 NOW, THEREFORE, the parties agree as follows: 
 1. Commencing on the Effective Date, the Company shall provide Employee with the applicable payments and benefits set forth in the Plan in
accordance with the terms of the Plan. Employee acknowledges that the payments and benefits made pursuant to this paragraph are made in full satisfaction of the Company’s obligations under the Plan. Employee further acknowledges that
Employee has been paid all wages and accrued, unused vacation that Employee earned during his or her employment with the Company. 
 2. Employee and Employee’s successors release the Company, its respective subsidiaries, stockholders, investors, directors, officers, employees, agents, attorneys, insurers, legal successors and assigns of and from any and all
claims, actions and causes of action, whether now known or unknown, which Employee now has, or at any other time had, or shall or may have against those released parties based upon or arising out of any matter, cause, fact, thing, act or omission
whatsoever directly related to Employee’s employment by the Company or the termination of such employment and occurring or existing at any time up to and including the Termination Date, including, but not limited to, any claims of breach of
written contract, wrongful termination, retaliation, fraud, defamation, infliction of emotional distress, or national origin, race, age, sex, sexual orientation, disability or other discrimination or harassment under the Civil Rights Act of 1964,
the Age Discrimination In Employment Act of 1967, the Americans with Disabilities Act, the Fair Employment and Housing Act or any other applicable 

 
law. Notwithstanding the foregoing, this release shall not apply to any right of the Employee pursuant to Sections 5.4 of the Plan or pursuant to a
Prior Indemnity Agreement (as such terms are defined by the Plan). 
 3. Employee acknowledges that he or she has read Section 1542
of the Civil Code of the State of California, which states in full: 
 A general release does not extend to claims which the creditor does not
know or suspect to exist in his favor at the time of executing the release, which if known by him must have materially affected his settlement with the debtor. 
 Employee waives any rights that Employee has or may have under Section 1542 and comparable or similar provisions of the laws of other states in the United States to the full extent that he or she may lawfully waive such rights
pertaining to this general release of claims, and affirms that Employee is releasing all known and unknown claims that he or she has or may have against the parties listed above. 
 4. Employee and the Company acknowledge and agree that they shall continue to be bound by and comply with the terms and his obligations under the
following agreements: (i) any proprietary rights or confidentiality agreements between the Company and Employee, (ii) the Plan, (iii) any Prior Indemnity Agreement (as such term is defined by the Plan) to which Employee is a party,
and (iv) any stock option, stock grant or stock purchase agreements between the Company and Employee. 
 5. This Agreement shall be
binding upon, and shall inure to the benefit of, the parties and their respective successors, assigns, heirs and personal representatives. 
 6. The parties agree that any and all disputes that both (i) arise out of the Plan, the interpretation, validity or enforceability of the Plan or the alleged breach thereof and (ii) relate to the enforceability of this
Agreement or the interpretation of the terms of this Agreement shall be subject to binding arbitration pursuant to Section 13 of the Plan. 
 7. The parties agree that any and all disputes that (i) do not arise out of the Plan, the interpretation, validity or enforceability of the Plan or the alleged breach thereof and (ii) relate to the enforceability of this
Agreement, the interpretation of the terms of this Agreement or any of the matters herein released or herein described shall be subject to binding arbitration, to the extent permitted by law, in Santa Clara, California or any other cite mutually
agreed to by the Company and Employee, before the American Arbitration Association, as provided in this paragraph. The parties agree to and hereby waive their rights to jury trial as to such matters to the extent permitted by law; provided
however, that (a) the arbitrator shall have no authority to make any ruling or judgment that would confer any rights with respect to trade secrets, confidential and proprietary information or other intellectual property; and (b) this
arbitration provision shall not preclude the parties from seeking legal and equitable relief from any court having jurisdiction with respect to any disputes or claims relating to or arising out of the misuse or misappropriation of intellectual
property. The Company shall bear the costs of the arbitrator, 

  

 2 

 
forum and filing fees and each party shall bear its own respective attorney fees and all other costs, unless otherwise provided by law and awarded by the
arbitrator. 
 8. This Agreement constitutes the entire agreement between the parties with respect to the subject matter hereof and
supersedes all prior negotiations and agreements, whether written or oral, with the exception of any agreements described in paragraph 4 of this Agreement. This Agreement may not be modified or amended except by a document signed by an
authorized officer of the Company and Employee. If any provision of this Agreement is deemed invalid, illegal or unenforceable, such provision shall be modified so as to make it valid, legal and enforceable, and the validity, legality and
enforceability of the remaining provisions of this Agreement shall not in any way be affected. 
 EMPLOYEE UNDERSTANDS THAT EMPLOYEE SHOULD CONSULT WITH
AN ATTORNEY PRIOR TO SIGNING THIS AGREEMENT AND THAT EMPLOYEE IS GIVING UP ANY LEGAL CLAIMS EMPLOYEE HAS AGAINST THE PARTIES RELEASED ABOVE BY SIGNING THIS AGREEMENT. EMPLOYEE ACKNOWLEDGES THAT EMPLOYEE IS SIGNING THIS AGREEMENT KNOWINGLY,
WILLINGLY AND VOLUNTARILY IN EXCHANGE FOR THE COMPENSATION AND BENEFITS DESCRIBED IN PARAGRAPH 1. 
  

									
	Dated:	 	 	 		 	 
		 		 	[Employee Name]
			
		 		 	[Company]
					
	Dated:	 	 	 		 	By:	 	 
		 		 		 		 	

  

 3

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