Document:

Fifth Amended and Restated 2002 Share Plan

 Exhibit 10.1 
 BCD SEMICONDUCTOR MANUFACTURING LIMITED 
 FIFTH AMENDED AND RESTATED 2002
SHARE PLAN 
 1.        Purposes of the Plan. The purposes of
this Share Plan are to attract and retain the best available personnel for positions of substantial responsibility, to provide additional incentive to Employees, Directors and Consultants and to promote the success of the Company’s business.
Options granted under the Plan may be Incentive Stock Options or Nonstatutory Stock Options, as determined by the Administrator at the time of grant. 
 2.        Definitions. As used herein, the following definitions shall apply: 

(a)        “Administrator” means the Board or any of its
Committees as shall be administering the Plan in accordance with Section 4 hereof. 

(b)        “Applicable Laws” means any and all laws of whatever
jurisdiction, within or without the United States, including without limitation the applicable laws of the Cayman Islands, Peoples Republic of China, and Republic of China (Taiwan), state corporate laws, federal and state securities laws and the
Code, and the rules of any stock exchange or quotation system on which the Ordinary Shares are listed or quoted, applicable to the taking or refraining from taking of any action under the Plan, including the administration of the Plan and the
issuance or transfer of Options or Option Shares. 

(c)        “Board” means the Board of Directors of the Company.

 (d)        “Change in Control” means the occurrence
of any of the following events: 
 (i)        Any “person”
(as such term is used in Sections 13(d) and 14(d) of the Exchange Act) becomes the “beneficial owner” (as defined in Rule 13d-3 of the Exchange Act), directly or indirectly, of securities of the Company representing fifty
percent (50%) or more of the total voting power represented by the Company’s then outstanding voting securities; or 
 (ii)        The consummation of the sale or disposition by the Company of all or substantially all of the Company’s assets; or 

(iii)        The consummation of a merger or consolidation of the Company with
any other entity, other than a merger or consolidation which would result in the voting securities of the Company outstanding immediately prior thereto continuing to represent (either by remaining outstanding or by being converted into voting
securities of the surviving entity or its parent) at least fifty percent (50%) of the total voting power represented by the voting securities of the Company or such surviving entity or its parent outstanding immediately after such merger or
consolidation. 
 (e)        “Code” means the Internal
Revenue Code of 1986, as amended. 

(f)        “Committee” means a committee of Directors appointed
by the Board to administer the Plan as described in Section 4 hereof. 

(g)        “Company” means BCD Semiconductor Manufacturing
Limited, a Cayman Islands company. 

(h)        “Consultant” means any person who is not an Employee
and who is engaged by the Company or any Parent or Subsidiary to render bona fide consulting or advisory services to such entity. 
 (i)        “Director” means a member of the Board. 
 (j)        “Disability” means total and permanent disability as defined in Section 22(e)(3) of the Code. 

(k)        “Employee” means any person, including officers and
Directors, who is treated as an employee in the personnel record of the Company or any Parent or Subsidiary of the Company. A Service Provider shall not cease to be an Employee in the case of (i) any leave of absence approved by the Company or
(ii) transfers between locations of the Company or between the Company, its Parent, any Subsidiary, or any successor. Neither service as a Director nor payment of a director’s fee by the Company shall be sufficient to make a Director an
Employee. 
 (l)        “Exchange Act” means the
Securities Exchange Act of 1934, as amended. 

(m)        “Fair Market Value” means, as of any date, the value
of Ordinary Shares determined as follows: 
 (i)        If the Ordinary
Shares are listed on any established stock exchange or a national market system, including without limitation the Nasdaq National Market or The Nasdaq SmallCap Market of The Nasdaq Stock Market, its Fair Market Value shall be the closing sales price
for such stock (or the closing bid, if no sales were reported) as quoted on such exchange or system on the day of determination, as reported in The Wall Street Journal or such other source as the Administrator deems reliable; 

(ii)        If the Ordinary Shares are regularly quoted by a recognized
securities dealer but selling prices are not reported, its Fair Market Value shall be the mean between the high bid and low asked prices for the Ordinary Shares on the day of determination; or 

(iii)        In the absence of an established market for the Ordinary Shares,
the Fair Market Value thereof shall be determined in good faith by the Administrator. 

(n)        “Incentive Stock Option” means an Option that by its
terms qualifies and is otherwise intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder. 

  
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 (o)        “Nonstatutory
Stock Option” means an Option that by its terms does not qualify or is not intended to qualify as an Incentive Stock Option. 
 (p)        “Option” means an option to purchase Ordinary Shares granted pursuant to the Plan. 

(q)        “Option Exchange Program” means a program under
which (i) outstanding Options may be surrendered or cancelled in exchange for Options of the same type (which may have higher or lower exercise prices and different terms), awards of a different type, and/or cash, (ii) Optionees would have
the opportunity to transfer any outstanding Options to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Option is increased or reduced. The Administrator will
determine the terms and conditions of any Option Exchange Program in its sole discretion. 

(r)        “Option Letter” means a written or electronic letter
agreement between the Company and an Optionee evidencing the terms and conditions of an individual Option grant. An Option Letter is subject to the terms and conditions of the Plan. 

(s)        “Option Shares” means the Ordinary Shares covered by
an outstanding Option or purchased under an Option. 

(t)        “Optionee” means the holder of an outstanding Option
granted under the Plan. 
 (u)        “Ordinary
Shares” means the Ordinary Shares of the Company. 

(v)        “Parent” means a “parent corporation,”
whether now or hereafter existing, as defined in Section 424(e) of the Code. 

(w)        “Plan” means this Fifth Amended and Restated 2002
Share Plan of the Company. 
 (x)        “Service
Provider” means an Employee, a Director or a Consultant. 

(y)        “Share” means a share of the Ordinary Shares, as
adjusted in accordance with Section 12 below. 

(z)        “Subsidiary” means a “subsidiary
corporation,” whether now or hereafter existing, as defined in Section 424(f) of the Code. 

3.        Shares Subject to the Plan. Subject to the provisions of
Section 12 of the Plan, the maximum aggregate number of Shares that may be subject to option and sold under the Plan is 27,500,000 Shares. The Shares may be authorized but unissued, or reacquired Ordinary Shares. 

If an Option expires or becomes unexercisable without having been exercised in full, or is surrendered pursuant to an
Option Exchange Program, the unpurchased Shares 

  
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which were subject thereto shall become available for future grant or sale under the Plan (unless the Plan has terminated). However, Shares that have actually been issued under the Plan, upon
exercise of an Option, shall not be returned to the Plan and shall not become available for future distribution under the Plan, except that if Shares issued pursuant to an Option are repurchased by the Company at their original purchase price, such
Shares shall become available for future grant under the Plan. Notwithstanding the foregoing and, subject to adjustment provided in Section 12, the maximum number of Shares that may be issued upon the exercise of Incentive Stock Options shall
equal the aggregate Share number stated in the first paragraph of this Section, plus, to the extent allowable under Section 422 of the Code, any Shares that become available for issuance under the Plan under this second paragraph of this
Section. 
 4.        Administration of the Plan. 

(a)        Administrator. The Board shall have ultimate responsibility for
administering the Plan. The Board may delegate certain of its responsibilities to a Committee appointed by the Board, which Committee shall be constituted to comply with Applicable Laws. 

(b)        Powers of the Administrator. Subject to the provisions of the
Plan and, in the case of a Committee, the specific duties delegated by the Board to such Committee, and subject to the approval of any relevant authorities, the Administrator shall have the authority in its discretion: 

(i)        to determine the Fair Market Value; 

(ii)        to select the Service Providers to whom Options may from time to
time be granted hereunder; 
 (iii)        to determine the number of
Shares to be covered by each such Option granted hereunder; 

(iv)        to determine the times Options are granted; 

(v)        to modify or amend any Option; 

(vi)        to approve forms of agreement for use under the Plan; 

(vii)        to determine the terms and conditions of any Option granted
hereunder. Such terms and conditions include, but are not limited to, the exercise price, the time or times when Options may be exercised (which may be based on performance criteria), any vesting acceleration or waiver of forfeiture restrictions,
and any restriction or limitation regarding any Option or the Ordinary Shares relating thereto, based in each case on such factors as the Administrator, in its sole discretion, shall determine; 

(viii)        to prescribe, amend and rescind rules and regulations relating to
the Plan, including rules and regulations relating to sub-plans established for the purpose of satisfying applicable foreign laws; 

  
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 (ix)        to allow Optionees to
satisfy withholding tax obligations by electing to have the Company withhold from the Shares to be issued upon exercise of an Option that number of Shares having a Fair Market Value equal to the minimum amount required to be withheld. The Fair
Market Value of the Shares to be withheld shall be determined on the date that the amount of tax to be withheld is to be determined. All elections by Optionees to have Shares withheld for this purpose shall be made in such form and under such
conditions as the Administrator may deem necessary or advisable; 

(x)        to institute and determine the terms and conditions of an Option
Exchange Program; 
 (xi)        to construe and interpret the terms of
the Plan and Options granted pursuant to the Plan; 
 (xii)        to
correct any defect, remedy any omission, or reconcile any inconsistency in the Plan, any Option Letter or option agreements or any other documentation relating to the Plan; and 

(xiii)        to make all other determinations the Administrator deems necessary
or advisable for the administration of the Plan. 

(c)        Effect of Administrator’s Decision. All decisions,
determinations and interpretations of the Administrator shall be final and binding on all Optionees. 

5.        Eligibility. Nonstatutory Stock Options may be granted to
Service Providers, including prospective Service Providers conditioned upon the beginning of their service for the Company or a Parent or Subsidiary. Incentive Stock Options may be granted only to Employees. 

6.        Limitations. 

(a)        At-Will Employment. Neither the Plan nor any Option shall
confer upon any Optionee any right with respect to continuing the Optionee’s relationship as a Service Provider with the Company, nor shall it interfere in any way with his or her right or the Company’s right to terminate such relationship
at any time, with or without cause, and with or without notice. 

(b)        Incentive Stock Options. Each Option will be designated in the
Option Letter as either an Incentive Stock Option or a Nonstatutory Stock Option. However, notwithstanding such designation, to the extent that the aggregate Fair Market Value of the Shares with respect to which Incentive Stock Options are
exercisable for the first time by the Optionee during any calendar year (under all plans of the Company and any Parent or Subsidiary) exceeds one hundred thousand dollars ($100,000), such Options will be treated as Nonstatutory Stock Options. For
purposes of this Section 6(b), Incentive Stock Options will be taken into account in the order in which they were granted. The Fair Market Value of the Shares will be determined as of the time the Option with respect to such Shares is granted.

  
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 7.        Term of Plan. The
Plan shall become effective upon its adoption by the Board. Unless sooner terminated under Section 14, it shall continue in effect for a term of ten (10) years from the later of (i) the effective date of the Plan, or (ii) the
date of the most recent Board approval of an increase in the number of shares reserved for issuance under the Plan. 
 8.        Term of Option. The term of each Option shall be stated in the Option Letter; provided, however, that in the case of an Incentive Stock Option, the
term shall be no more than ten (10) years from the date of grant. In the case of an Incentive Stock Option granted to an Optionee who, at the time the Option is granted, owns stock representing more than ten percent (10%) of the voting
power of all classes of stock of the Company or any Parent or Subsidiary, the term of the Option shall be five (5) years from the date of grant or such shorter term as may be provided in the Option Letter. 

9.        Option Exercise Price and Consideration. 

(a)        Exercise Price. The per share exercise price for the Shares to
be issued upon exercise of an Option shall be such price as is determined by the Administrator; provided, however that in the case of an Incentive Stock Option, the per Share exercise price shall be no less than one hundred percent (100%) of
the Fair Market Value per Share on the date of grant. In the case of an Incentive Stock Option granted to an Employee who, at the time of grant of such Option, owns stock representing more than ten percent (10%) of the voting power of all
classes of stock of the Company or any Parent or Subsidiary, the exercise price shall be no less than one hundred and ten percent (110%) of the Fair Market Value per Share on the date of grant. Notwithstanding the foregoing, Options may be
granted with a per Share exercise price less than one hundred percent (100%) of the Fair Market Value per Share on the date of grant pursuant to a transaction described in, and in a manner consistent with, Section 424(a) of the Code.

 (b)        Forms of Consideration. The consideration to be
paid for the Shares to be issued upon exercise of an Option, including the method of payment, shall be determined by the Administrator (and, in the case of an Incentive Stock Option, shall be determined at the time of grant). Such consideration may
consist of, without limitations, (1) cash, (2) check, (3) other shares, provided shares acquired from the Company, either directly or indirectly, (x) have been owned by the Optionee for more than six months on the date of
surrender, and (y) have a Fair Market Value on the date of surrender equal to the aggregate exercise price of the Shares as to which such Option shall be exercised, (4) consideration received by the Company under a cashless exercise
program implemented by the Company in connection with the Plan, (5) full recourse promissory note bearing interest at a fair market value rate sufficient to avoid interest imputation under the Code or other Applicable Laws, except that
Consultants may not purchase Shares with a promissory note unless the note is adequately secured by collateral other than the Shares, or (6) any combination of the foregoing methods of payment. In making its determination as to the type of
consideration to accept, the Administrator shall consider if acceptance of such consideration may be reasonably expected to benefit the Company. 

  
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 10.        Exercise of
Option. 
 (a)        Procedure for Exercise; Rights as a
Member. Any Option granted hereunder shall be exercisable according to the terms hereof at such times and under such conditions as determined by the Administrator and set forth in the Option Letter. Unless the Administrator provides otherwise,
vesting of Options granted hereunder shall be suspended during any unpaid leave of absence. For purposes of Incentive Stock Options, no such leave may exceed three (3) months, unless reemployment upon expiration of such leave is guaranteed by
statute or contract. If reemployment upon expiration of a leave of absence approved by the Company is not so guaranteed, then six (6) months following the first (1st) day of such leave, any Incentive Stock Option held by the Optionee will cease to be treated as an Incentive
Stock Option and will be treated for tax purposes as a Nonstatutory Stock Option. An Option may not be exercised for a fraction of a Share. 
 An Option shall be deemed exercised when the Company receives: (i) written or electronic notice of exercise (in accordance with the Option Letter) from the person entitled to exercise the Option, and
(ii) full payment for the Shares with respect to which the Option is exercised. Full payment may consist of any consideration and method of payment authorized by the Administrator and permitted by the Option Letter and the Plan. Shares issued
upon exercise of an Option shall be issued in the name of the Optionee or, if requested by the Optionee, in the name of the Optionee and his or her spouse. Until the Shares are issued (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 member shall exist with respect to the Shares, notwithstanding the exercise of the Option. The Company shall issue (or
cause to be issued) such Shares promptly after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the Shares are issued, except as provided in Section 12 of the Plan.

 Exercise of an Option in any manner shall result in a decrease in the number of Shares thereafter available,
both for purposes of the Plan and for sale under the Option, by the number of Shares as to which the Option is exercised. 
 (b)        Termination of Relationship as a Service Provider. If an Optionee ceases to be a Service Provider, such Optionee may exercise his or her Option
within such period of time as is specified in the Option Letter to the extent that the Option is vested on the date of termination (but in no event later than the expiration of the term of the Option as set forth in the Option Letter). In the
absence of a specified time in the Option Letter, the Option shall remain exercisable for three (3) months following the Optionee’s termination. If, on the date of termination, the Optionee is not vested as to his or her entire Option, the
Shares covered by the unvested portion of the Option shall revert to the Plan. If, after termination, the Optionee does not exercise his or her Option within the time specified by the Administrator, the Option shall terminate, and the Shares covered
by such Option shall revert to the Plan. 
 (c)        Disability of
Optionee. If an Optionee ceases to be a Service Provider as a result of the Optionee’s Disability, the Optionee may exercise his or her Option within such period of time as is specified in the Option Letter to the extent the Option is
vested on 

  
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the date of termination (but in no event later than the expiration of the term of such Option as set forth in the Option Letter). In the absence of a specified time in the Option Letter, the
Option shall remain exercisable for six (6) months following the Optionee’s termination. If, on the date of termination, the Optionee is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option
shall revert to the Plan. If, after termination, the Optionee does not exercise his or her Option within the time specified herein, the Option shall terminate, and the Shares covered by such Option shall revert to the Plan. 

(d)        Death of Optionee. If an Optionee dies while a Service
Provider, the Option may be exercised within such period of time as is specified in the Option Letter (but in no event later than the expiration of the term of such Option as set forth in the Option Letter), by the Optionee’s designated
beneficiary, provided such beneficiary has been designated prior to Optionee’s death in a form acceptable to the Administrator. If no such beneficiary has been designated by the Optionee, then such Option may be exercised by the personal
representative of the Optionee’s estate or by the person(s) to whom the Option is transferred pursuant to the Optionee’s will or in accordance with the laws of descent and distribution. In the absence of a specified time in the Option
Letter, the Option shall remain exercisable for six (6) months following the Optionee’s termination. If, at the time of death, the Optionee is not vested as to his or her entire Option, the Shares covered by the unvested portion of the
Option shall immediately revert to the Plan. If the Option is not so exercised within the time specified herein, the Option shall terminate, and the Shares covered by such Option shall revert to the Plan. 

11.        Limited Transferability of Options. Unless determined otherwise
by the Administrator, Options may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or the laws of descent and distribution, and may be exercised during the lifetime of the Optionee, only by
the Optionee. 
 12.        Adjustments Upon Changes in
Capitalization, Merger or Change in Control. 

(a)        Changes in Capitalization. Subject to any required action by
the members of the Company, the number and type of Shares which have been authorized for issuance under the Plan but as to which no Options have yet been granted or which have been returned to the Plan upon cancellation or expiration of an Option,
and the number and type of Shares covered by each outstanding Option, as well as the price per Share covered by each such outstanding Option, shall be proportionately adjusted for any increase or decrease in the number or type of issued Shares
resulting from a stock split, reverse stock split, stock dividend, combination or reclassification of the Ordinary Shares, or any other increase or decrease in the number of issued Ordinary Shares effected without receipt of consideration by the
Company. The 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 Board, whose determination in that respect shall be
final, binding and conclusive. Except as expressly provided herein, no issuance by the Company of shares of any class, or securities convertible into shares of any class, shall affect, and no adjustment by reason thereof shall be made with respect
to, the number, type or price of Shares subject to an Option. 

  
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 (b)        Dissolution or
Liquidation.  In the event of the proposed dissolution or liquidation of the Company, the Administrator shall notify each Optionee as soon as practicable prior to the effective date of such proposed transaction. The Administrator in
its discretion may provide for an Optionee to have the right to exercise his or her Option until fifteen (15) days prior to such transaction as to all of the Option Shares covered thereby, including Shares as to which the Option would not
otherwise be exercisable. In addition, the Administrator may provide that any Company repurchase option applicable to any Shares purchased upon exercise of an Option shall lapse as to all such Shares, provided the proposed dissolution or liquidation
takes place at the time and in the manner contemplated. To the extent it has not been previously exercised, an Option will terminate immediately prior to the consummation of such proposed action. 

(c)        Merger or Change in Control.  In the event of a
merger of the Company with or into another corporation, or a Change in Control, each outstanding Option shall be assumed or an equivalent option substituted by the successor corporation or a Parent or Subsidiary of the successor corporation. If the
successor corporation in a merger or Change in Control refuses to assume or substitute for the Option and the Company has consummated its initial public offering on a U.S. national securities exchange or on an international securities exchange
(the “Initial Public Offering”), then the Optionee shall fully vest in and have the right to exercise his or her Option as to all of the Option Shares, including Shares as to which it would not otherwise be vested or exercisable. If
an Option is not assumed or substituted for in the event of a merger or Change in Control, the Administrator shall notify the Optionee in writing or electronically that the Option shall be fully exercisable for a period of fifteen (15) days
from the date of such notice, and this Option shall terminate upon the expiration of such period. In the event that a successor corporation or a Parent or Subsidiary of a successor corporation refuses to assume or substitute for the Option and the
Company’s Initial Public Offering has not been consummated, then the Optionee shall be entitled to a cash payment from the Company equal to the product of (i) the Option Shares and (ii) the difference of (A) the Fair Market Value
of the Company’s Ordinary Shares and (B) the exercise price of his or her Option. Such cash payment shall become due and payable promptly after the closing of the merger or Change in Control. For the purposes of this paragraph, the Option
shall be considered assumed if, following the merger or Change in Control, the Option confers the right to purchase or receive, for each Share of Option Shares subject to the Option immediately prior to the merger or Change in Control, the
consideration (whether shares or stock, cash, or other securities or property) received in the merger or Change in Control by holders of Ordinary Shares for each Share held on the effective date of the transaction (and if holders were offered a
choice of consideration, the type of consideration chosen by the holders of a majority of the outstanding Shares); provided, however, that if such consideration received in the merger or Change in Control is not solely Ordinary Shares of the
successor corporation or its Parent, the Administrator may, with the consent of the successor corporation, provide for the consideration to be received upon the exercise of the Option, for each Share of Option Shares subject to the Option, to be
solely Ordinary Shares of the successor corporation or its Parent equal in fair market value to the per share consideration received by holders of Ordinary Shares in the merger or Change in Control. The Board and the Administrator need not adopt the
same rules for each Option or each Optionee. 

  
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 13.        Time of Granting
Options. The date of grant of an Option shall, for all purposes, be the date on which the Administrator makes the determination granting such Option, or such later date as is determined by the Administrator. Notice of the determination shall be
given to each Service Provider to whom an Option is so granted within a reasonable time after the date of such grant. 
 14.        Amendment and Termination of the Plan. The Board may at any time amend, alter, suspend or terminate the Plan. 

(a)        Effect of Amendment or Termination. No amendment, alteration,
suspension or termination of the Plan shall impair the rights of any Optionee. Termination of the Plan shall not affect the Administrator’s ability to exercise the powers granted to it hereunder with respect to Options granted under the Plan
prior to the date of such termination. 
 (b)        Shareholder
Approval. The Board shall obtain shareholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. 
 15.        Conditions Upon Issuance of Shares. 
 (a)        Legal Compliance. Shares shall not be issued pursuant to the exercise of an Option unless the exercise of such Option and the issuance and
delivery of such Shares shall comply with Applicable Laws and shall be further subject to the approval of counsel for the Company with respect to such compliance. 

(b)        Investment Representations. As a condition to the exercise of
an Option, the Administrator 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. 

16.        Inability to Obtain Authority. The inability of the Company to
obtain authority from any regulatory body having jurisdiction, which authority is 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 failure to issue or sell such Shares as to which such requisite authority shall not have been obtained. 

17.        Shareholder Approval. The Plan shall be subject to approval by
the shareholders of the Company within twelve (12) months after the date the Plan is adopted. Such shareholder approval shall be obtained in the degree and manner required under Applicable Laws. 

18.        Reservation of Shares. The Company shall, at all times during
the term of this Plan, reserve and keep available such number of Shares as shall be sufficient to satisfy the requirements of the Plan. 
 19.        Governing Law. Except as specifically provided under the Plan or in any of its accompanying documentation including without limitation the Option
Letter, the Plan and all 

  
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determinations made and actions taken under the Plan shall be governed by the laws of the Cayman Islands, without reference to its conflict of laws provisions. 

  
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 APPENDIX A 

TO THE BCD SEMICONDUCTOR MANUFACTURING LIMITED 
 FIFTH AMENDED AND RESTATED 2002 SHARE PLAN 
 (for California residents
only, to the extent required by 25102(o)) 
 This Appendix A to the BCD Semiconductor Manufacturing Limited
Fifth Amended and Restated 2002 Share Plan shall apply only to Optionees who are residents of the State of California and who are receiving an Option under the Plan. Capitalized terms contained herein shall have the same meanings given to them in
the Plan, unless otherwise provided by this Appendix A. Notwithstanding any provisions contained in the Plan to the contrary and to the extent required by Applicable Laws, the following terms shall apply to all Options granted to residents of the
State of California, until such time as the Administrator amends this Appendix A or the Administrator otherwise provides. 
 (a)        The term of each Option shall be stated in the Option Letter, provided, however, that the term shall be no more than ten (10) years from the date of
grant thereof. 
 (b)        Unless determined otherwise by the
Administrator, Options may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or the laws of descent and distribution, and may be exercised during the lifetime of the Optionee, only by the
Optionee. If the Administrator in its sole discretion makes an Option transferable, such Option may only be transferred (i) by will, (ii) by the laws of descent and distribution, (iii) to a revocable trust, or (iv) as permitted
by Rule 701 of the Securities Act of 1933, as amended. 
 (c)        If
a Optionee ceases to be a Service Provider, such Optionee may exercise his or her Option within such period of time as specified in the Option Letter, which shall not be less than thirty (30) days following the date of the Optionee’s
termination, to the extent that the Option is vested on the date of termination (but in no event later than the expiration of the term of the Option as set forth in the Option Letter). In the absence of a specified time in the Option Letter, the
Option shall remain exercisable for three (3) months following the Optionee’s termination. 

(d)        If a Optionee ceases to be a Service Provider as a result of the
Optionee’s Disability, the Optionee may exercise his or her Option within such period of time as specified in the Option Letter, which shall not be less than six (6) months following the date of the Optionee’s termination, to the
extent the Option is vested on the date of termination (but in no event later than the expiration of the term of such Option as set forth in the Option Letter). In the absence of a specified time in the Option Letter, the Option shall remain
exercisable for twelve (12) months following the Optionee’s termination. 

(e)        If a Optionee dies while a Service Provider, the Option may be
exercised within such period of time as specified in the Option Letter, which shall not be less than six (6) months following the date of the Optionee’s death, to the extent the Option is vested on the date of death (but in no event later
than the expiration of the term of such Option as set 

  
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forth in the Option Letter) by the Optionee’s designated beneficiary, personal representative, or by the person(s) to whom the Option is transferred pursuant to the Optionee’s will or
in accordance with the laws of descent and distribution. In the absence of a specified time in the Option Letter, the Option shall remain exercisable for twelve (12) months following the Optionee’s death. 

(f)        No Option shall be granted to a resident of California more than ten
(10) years after the earlier of the date of adoption of the Plan or the date the Plan is approved by the shareholders. 
 (g)        In the event that any dividend or other distribution (whether in the form of cash, Shares, other securities, or other property), recapitalization, stock
split, reverse stock split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Shares or other securities of the Company, or other change in the corporate structure of the Company affecting the Shares
occurs, the Administrator, in order to prevent diminution or enlargement of the benefits or potential benefits intended to be made available under the Plan, shall adjust the number and class of Shares that may be delivered under the Plan and/or the
number, class, and price of Shares covered by each outstanding Option. The Administrator shall also make such adjustments to the extent required by Section 25102(o) of the California Corporations Code. 

(h)        This Appendix A shall be deemed to be part of the Plan and the
Administrator shall have the authority to amend this Appendix A in accordance with Section 14 of the Plan. 

  
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 BCD SEMICONDUCTOR MANUFACTURING LIMITED 

2002 SHARE PLAN 
 OPTION AGREEMENT – NON-PRC SERVICE PROVIDERS 
 BCD Semiconductor
Manufacturing Limited (the “Company”) hereby grants you,                          (the
“Optionee”), an option (the “Option”) under the Company’s 2002 Share Plan (the “Plan”) to purchase ordinary shares of (“Shares”) of the Company. Subject to the provisions of
the Plan and the Option Rules attached hereto as Exhibit A, the principal features of the Option are as follows: 
  

							
	Grant Number	 	  
	  	
	Date of Grant	 	  
	  	
	Vesting Commencement Date	 	  
	  	
	Exercise Price per Share	 	  $
	  	
	Number of Shares subject to the Option	 	  
	  	
			
	Type of Option:	 	  
	 	Incentive Stock Option (to the extent permitted by Applicable Law)
		 	  
	 	Nonstatutory Stock Option
	Expiration Date:	 	  
	  	

 Vesting Schedule 
 The Option shall become exercisable, in whole or in part, in accordance with the terms of the Plan, the Option Rules (attached hereto as Exhibit A) and the following vesting schedule:

 [INSERT VESTING SCHEDULE] 

Option Termination: 
  

			
	 Event Triggering Option Termination
	  	 Maximum Time to Exercise 
After Triggering
Event*

	Termination as Service Provider (except as provided below)	  	3 months
	Termination as Service Provider due to Disability	  	6 months
	Termination as Service Provider due to death	  	6 months

*The Option may only be exercised as to Shares that have vested as of the date of the Optionee’s termination as a
Service Provider and in no event may the Option be exercised after the Expiration Date. It is the Optionee’s responsibility to exercise the Option, if the Optionee so desires, before it expires or terminates. 

The Optionee’s signature below indicates his or her agreement, understanding, and acceptance that the Option is
subject to all of the terms and conditions contained in Exhibit A and the Plan. Please be sure to read all of Exhibit A, which contains the specific terms and conditions of the Option. 

This Non-PRC Service Provider Option Agreement (the “Option Agreement”) does not represent a securities
interest in the Company, which interest may accrue only upon the exercise of the Option in accordance with its terms. 

  

					
	OPTIONEE:	 		 	BCD SEMICONDUCTOR
		 		 	MANUFACTURING LIMITED:
			
	  
	 		 	  

	Signature	 		 	By
			
	  
	 		 	  

	Print Name	 		 	Print Name and Title
			
	  
	 		 	  

		 		 	Date
			
	  
	 		 	
	Residence Address	 		 	

  
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 EXHIBIT A 

OPTION RULES 
 1.        Grant of Option.  The Administrator hereby grants to the Optionee under the Plan the right to purchase the number of Shares set forth on
the first page of this Option Agreement (the “Grant Notice”), at the Exercise Price per Share set forth in the Grant Notice, and subject to all of the terms and conditions in this Option Agreement and the Plan, a copy of which the
Optionee acknowledges having received. Unless otherwise defined herein, the capitalized terms in this Option Agreement shall have the meanings ascribed to those terms in the Plan. In the event of a conflict between the terms and conditions of the
Plan and this Option Agreement, the terms and conditions of the Plan shall prevail unless otherwise indicated. 

The aggregate Fair Market Value (determined with respect to each Incentive Stock Option at the time the Incentive Stock
Option is granted) of Shares with respect to which Incentive Stock Options are exercisable for the first time by the Optionee during any calendar year (under the Plan or any other plan of the Company) shall not exceed US$100,000. If the Option is
designated in the Grant Notice as an Incentive Stock Option, all or a portion of the Option may nonetheless be treated as a Nonstatutory Stock Option in accordance with Section 6(b) of the Plan. 

2.        Exercise of Option. 

(a)        Right to Exercise.    This Option shall be
exercisable during its term cumulatively according to the Vesting Schedule set out in the Grant Notice and with the applicable provisions of the Plan. Notwithstanding the foregoing, the Option may not be exercised for a fraction of a Share.

 (b)        Method of Exercise.    This
Option shall be exercisable to the extent then vested by delivery of a written exercise notice in the form attached hereto as Exhibit B (the “Exercise Notice”) or in a manner and pursuant to such procedures as the
Administrator may determine, which shall state the election to exercise the Option, the number of Shares with respect to which the Option is being exercised, and such other representations and agreements as may be required by the Company. The
Exercise Notice shall be signed by the Optionee (or by the Optionee’s beneficiary or other person entitled under the Plan to exercise the Option in the event of the Optionee’s death) and shall be delivered in person or by certified mail to
the Company. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Shares exercised together with any applicable tax withholding. The Option shall be deemed to be exercised as of the date (the
“Exercise Date”) (i) the Company receives (as determined by the Administrator in its sole, but reasonable, discretion) the fully executed Exercise Notice accompanied by payment of the aggregate Exercise Price, together with any
applicable tax withholding, and (ii) all other applicable terms and conditions of the Option Agreement are satisfied. 
 No Shares will be issued pursuant to the exercise of an Option unless such issuance and such exercise comply with Applicable Laws. Assuming such compliance, for income tax purposes the Shares will be
considered transferred to the Optionee on the date on which the Option is exercised with respect to such Shares. 

 (c)        Approval by
Shareholders and Compliance Restrictions on Exercise.  Any other provision of this Agreement to the contrary notwithstanding, no portion of the Option shall be exercisable at any time prior to the approval of the Plan by the
shareholders of the Company. No Shares shall be issued pursuant to the exercise of an Option, unless the issuance and exercise, including the form of consideration used to pay the Exercise Price, comply with Applicable Law. 

(d)        Issuance of Shares.    After receiving the
Exercise Notice, the Company shall cause to be issued a certificate or certificates for the Shares as to which the Option has been exercised, registered in the name of the person exercising this Option (or in the names of such person and his or her
spouse as community property or as joint tenants with right of survivorship). The Company shall cause the certificate or certificates to be deposited in escrow or delivered to or upon the order of the person exercising the Option. 

3.        Optionee’s Representations.    In the
event the Shares have not been registered under the Securities Act on the Exercise Date, the Optionee shall, if required by the Company, concurrently with the exercise of all or any portion of the Option, deliver to the Company his or her Investment
Representation Statement in the form attached hereto as Exhibit C, as well as any other representations necessary or appropriate, in the judgment of the Administrator, to comply with Applicable Law. 

4.        Market Stand-Off. 

(a)        The Optionee agrees that the Optionee shall not directly or
indirectly sell, make any short sale of, loan, hypothecate, pledge, offer, grant or sell any option or other contract for the purchase of, purchase any option or other contract for the sale of, or otherwise dispose of or transfer, or agree to engage
in any of the foregoing transactions with respect to, any Shares acquired under the Option Agreement for a period specified by the Company or its underwriters. Such restriction (the “Market Stand-Off”) shall be in effect for such
period of time commencing on and following the effective date of the first Qualified Public Offering as may be requested by the Company or its underwriters. In no event, however, shall the Market Stand-Off period exceed 180 days following the
effective date of the first Qualified Public Offering. In the event of the declaration of a share dividend, a spin-off, a share split, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the Company’s
outstanding securities without receipt of consideration, any new, substituted or additional securities that are by reason of such transaction distributed with respect to any Shares subject to the Market Stand-Off, or into which such Shares thereby
become convertible, shall immediately be subject to the Market Stand-Off. In order to enforce the Market Stand-Off, the Company may impose stop-transfer instructions with respect to the Shares acquired under this Option Agreement until the end of
the applicable Market Stand-Off period. The Company’s underwriters shall be beneficiaries of the agreement set forth in this Section 4, and the Optionee agrees that any transferee of any Optionee shall be bound by the provisions of this
Section 4. This Section 4 shall not apply to Shares registered in the first Qualified Public Offering. 

  
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 (b)        For purposes of this
Section 4, a “Qualified Public Offering” shall mean the closing of an underwritten public offering, pursuant to an effective registration statement under the Securities Act or pursuant to a valid qualification or filing under
Applicable Law of another jurisdiction, of the Shares or other equity securities of the Company. Notwithstanding the foregoing, a Qualified Public Offering shall not include a registration relating solely to employee benefit plans or to a
Rule 145 transaction under the Securities Act or to similar registrations under Applicable Law of another jurisdiction. 
 (c)        The Optionee shall execute and deliver such other agreements as may be reasonably requested by the Company or its underwriters that are consistent with
this Section 4 or that are necessary to give further effect thereto. In addition, if requested by the Company or its underwriters, the Optionee shall provide, within ten (10) days of this request, such information as may be required by the
Company or its underwriters in connection with the completion of the Company’s first Qualified Public Offering. 
 5.        Method of Payment.  Payment of the aggregate Exercise Price shall be by any of the following forms of consideration, or a combination
thereof, at the election of the Optionee: 
 (a)        cash or check;

 (b)        at the discretion of the Administrator, consideration
received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan; or 
 (c)        at the discretion of the Administrator, surrender of other Shares which, if accepted by the Company, would not subject the Company to adverse accounting
as determined by the Administrator. 
 6.        Non-Transferability
of Option.      The Option and the rights and privileges conferred hereby shall not be sold, pledged or otherwise transferred (whether by operation of law or otherwise) in any manner otherwise than by will or by the
laws of descent or distribution, shall not be subject to sale under execution, attachment, levy or similar process and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and the Option Agreement shall be
binding upon the executors, administrators, heirs, successors and assigns of the Optionee. 

7.        Term of Option.  The Option shall in any event expire
on the expiration date set forth in the Grant Notice, and may be exercised prior to the expiration date only in accordance with the Plan and the terms of this Option Agreement. 

8.        Tax Obligations. 

(a)        Tax Withholding.     The Optionee
shall make appropriate arrangements with the Company (or the Parent or Subsidiary employing or retaining the Optionee) for the satisfaction of all U.S. Federal, state, local and non-U.S. income and employment tax withholding requirements applicable
to the Option exercise. The Optionee hereby acknowledges, understands and agrees that the Company may refuse to honor the exercise and refuse to deliver Shares if the withholding amounts are not delivered at the time of exercise. 

  
 -3-

 (b)        Notice of
Disqualifying Disposition of Shares.  If the Option granted to the Optionee herein is designated as an Incentive Stock Option, and if the Optionee sells or otherwise disposes of any of the Shares acquired pursuant to the Incentive
Stock Option on or before the later of (i) the date two (2) years after the Date of Grant and (ii) the date one (1) year after the date of exercise, the Optionee shall immediately notify the Company in writing of such
disposition. The Optionee hereby acknowledges and agrees that the Optionee may be subject to tax withholding by the Company on the compensation income recognized by the Optionee in connection with the exercise of the Option. 

(c)        Code Section 409A.  Under Code
Section 409A, an Option that vests after December 31, 2004 (or that vested on or prior to such date but which was materially modified after October 3, 2004) that was granted with a per Share exercise price that is determined by the
Internal Revenue Service (the “IRS”) to be less than the Fair Market Value of a Share on the date of grant (a “discount option”) may be considered “deferred compensation.” An Option that is a “discount option”
may result in (i) income recognition by the Optionee prior to the exercise of the Option, (ii) an additional twenty percent (20%) U.S. Federal income tax, and (iii) potential penalty and interest charges. The “discount
option” may also result in additional U.S. state income, penalty and interest tax to the Optionee. Optionee acknowledges that the Company cannot and has not guaranteed that the IRS will agree that the per Share exercise price of this Option
equals or exceeds the Fair Market Value of a Share on the date of grant in a later examination. Optionee agrees that if the IRS determines that the Option was granted with a per Share exercise price that was less than the Fair Market Value of a
Share on the date of grant, Optionee will be solely responsible for Optionee’s costs related to such a determination. 
 9.        Adjustment of Shares.  In the event of any transaction described in Section 12 of the Plan, the terms of the Option (including,
without limitation, the number and kind of the Shares subject to the Option and the Exercise Price) may be adjusted as set forth in Section 12 of the Plan. This Option Agreement shall in no way affect the right of the Company to adjust,
reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer any part of its business or assets. 

10.      Legality of Initial Issuance.  No Shares shall be issued upon the
exercise of the Option unless and until the Company has determined that: (i) the Company and the Optionee have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from the registration
requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed have been satisfied; and (iii) all other applicable provisions of state or U.S.
Federal law or other Applicable Law have been satisfied. 
 11.      No
Registration Rights.  The Company may, but shall not be obligated to, register or qualify the sale of Shares under the Securities Act or any other Applicable Law. The Company shall not be obligated to take any affirmative action in
order to cause the sale of Shares under this Option Agreement to comply with any Applicable Law. 

12.      Securities Law Restrictions.    Regardless of whether
the offering and sale of Shares under the Plan have been registered under the Securities Act or have been registered or qualified under the securities laws of any state, the Company at its discretion may impose

  
 -4-

 
restrictions upon the sale, pledge or other transfer of the Shares (including the placement of appropriate legends on share certificates or the imposition of stop-transfer instructions) if, in
the judgment of the Company, such restrictions are necessary or desirable in order to achieve compliance with the Securities Act, the securities laws of any state or any other Applicable Law. 

13.      Acknowledgement.  The Optionee acknowledges receipt of a copy of
the Plan and represents that he or she is familiar with the terms and provisions thereof, and hereby accepts this Option subject to all of the terms and provisions thereof. The Optionee has reviewed the Plan and this Option Agreement in their
entirety, has had an opportunity to obtain the advice of counsel prior to executing this Option Agreement and fully understands all provisions of the Option. The Optionee hereby agrees to accept as binding, conclusive and final all decisions or
interpretations of the Administrator upon any questions arising under the Plan or this Option Agreement. The Optionee further agrees to notify the Company upon any change in the residence address indicated below. 

14.      General Provisions. 

(a)        Notice.  Any notice required by the terms of this
Option Agreement shall be given in writing and shall be deemed effective upon personal delivery or upon deposit with the United States Postal Service, by registered or certified mail, with postage and fees prepaid. Notice shall be addressed to the
Company at its principal executive office and to the Optionee at the address that he or she most recently provided to the Company. 
 (b)        Successors and Assigns.  Except as provided herein to the contrary, this Option Agreement shall be binding upon and inure to the benefit
of the parties to this Option Agreement, their respective successors and permitted assigns. 

(c)        No Assignment.  Except as otherwise provided in this
Option Agreement, the Optionee shall not assign any of his or her rights under this Option Agreement without the prior written consent of the Company, which consent may be withheld in its sole discretion. The Company shall be permitted to assign its
rights or obligations under this Option Agreement, but no such assignment shall release the Company of any obligations pursuant to this Option Agreement. 
 (d)        Severability.  The validity, legality or enforceability of the remainder of this Option Agreement shall not be affected even if one or
more of the provisions of this Option Agreement shall be held to be invalid, illegal or unenforceable in any respect. 
 (e)        Administration.    Any determination by the Administrator in connection with any question or issue arising under the Plan or
this Option Agreement shall be final, conclusive, and binding on the Optionee, the Company, and all other persons. 
 (f)        Headings.    The section headings in this Option Agreement are inserted only as a matter of convenience, and in no way define,
limit or interpret the scope of this Option Agreement or of any particular section. 

  
 -5-

(g)        Counterparts.  This Option Agreement may be executed
simultaneously in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 
 (h)        Entire Option Agreement; Governing Law.  The provisions of the Plan are incorporated herein by reference. The Plan and this Option
Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Company and the Optionee with respect to the subject matter hereof, and
may not be modified adversely to the Optionee’s interest except by means of a writing signed by the Company and the Optionee. This Option Agreement is governed by the laws of the State of California applicable to contracts executed in and to be
performed in that State, except with respect to its choice of law rules. 

15.      No Guarantee of Continued Service.    THE OPTIONEE
ACKNOWLEDGES AND AGREES THAT THE VESTING OF SHARES PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY OR THE AFFILIATE EMPLOYING THE OPTIONEE (NOT THROUGH THE ACT OF BEING HIRED,
BEING GRANTED THE OPTION OR ACQUIRING SHARES HEREUNDER). THE OPTIONEE FURTHER ACKNOWLEDGES AND AGREES THAT THIS OPTION AGREEMENT, THE OPTION GRANTED HEREUNDER, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT
CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND SHALL NOT INTERFERE IN ANY WAY WITH THE OPTIONEE’S RIGHT OR THE RIGHT OF THE COMPANY (OR THE AFFILIATE
EMPLOYING THE OPTIONEE) TO TERMINATE THE OPTIONEE’S RELATIONSHIP AS A SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT CAUSE. 

  
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 EXHIBIT B 

BCD SEMICONDUCTOR MANUFACTURING LIMITED 
 2002 SHARE PLAN 
 EXERCISE NOTICE 

BCD Semiconductor Manufacturing Limited 
 30920
Huntwood Avenue 
 Hayward, CA 94544 

Attention: [Title] 
 1.        Exercise of Option. Effective as of today,
                    ,
                            , the undersigned (the “Optionee”) hereby elects to
exercise the Optionee’s option to purchase              ordinary shares (the “Shares”) of BCD Semiconductor Manufacturing Limited (the
“Company”), under and pursuant to the 2002 Share Plan (the “Plan”) and the Non-PRC Service Provider Option Agreement dated
                    ,          (the “Option Agreement”). Unless otherwise
defined herein, the capitalized terms in this notice of exercise (the “Exercise Notice”) shall have the meanings ascribed to those terms in the Plan. 

2.        Delivery of Payment.    The Optionee
herewith delivers to the Company the full Exercise Price of the Shares with respect to which the Optionee is exercising the Option, and any and all withholding taxes due in connection with the exercise of the Option. 

3.        Representations of the Optionee.    The
Optionee hereby acknowledges that the Optionee has received and read, and understands the Plan and the Option Agreement, including the Option Rules, and agrees to abide by and be bound by their terms and conditions. 

4.        Rights as Shareholder.    Until the issuance
of the Shares (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 shareholder shall exist with respect to the
Shares subject to the Option, notwithstanding the exercise of the Option. The Shares shall be issued to the Optionee as soon as practicable after the Option is exercised in accordance with the Option Agreement. No adjustment shall be made for a
dividend or other right for which the record date is prior to the date of issuance except as provided in Section 12 of the Plan. 
 5.        Right of First Refusal. 
 (a)        Transfer Notice.    If at any time the Optionee proposes to sell, transfer, assign, encumber, pledge, hypothecate or otherwise
dispose of in any way (each, a “Transfer”) all or any part of or any interest in the Shares to one or more third parties pursuant to an understanding with the third parties, then the Optionee (a “Selling Optionee”)
shall first give the Company written notice of the Selling Optionee’s intention to make the Transfer (the “Transfer  

 
Notice”), which Transfer Notice shall include (i) a description of the Shares to be transferred (the “Offered Shares”), (ii) the identity of the prospective
transferee(s), (iii) a certification as to the number of Shares currently owned, directly or indirectly, by the proposed transferee and its Affiliates and (iv) the consideration and the material terms and conditions upon which the proposed
Transfer is to be made. For purposes of this Section 5, “Affiliate” shall mean any person or entity that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with
such entity. The Transfer Notice shall certify that the Selling Optionee has received a firm offer from the prospective transferee(s) and in good faith believes a binding agreement for the Transfer is obtainable on the terms set forth in the
Transfer Notice. The Transfer Notice shall also include a copy of any written proposal, term sheet or letter of intent or other agreement relating to the proposed Transfer and proof satisfactory to the Company that the proposed Transfer will not
violate any Applicable Law. 
 (b)        Company’s
Option.  The Company and its assignee(s) shall have an option for a period of thirty (30) days from receipt of the Transfer Notice to elect to purchase the Offered Shares at the same price and subject to the same material terms
and conditions as described in the Transfer Notice. The Company and its assignee(s) may exercise such purchase option and, thereby, purchase all (or a portion of) the Offered Shares by notifying the Selling Optionee in writing before expiration of
such thirty (30)-day period as to the number of Offered Shares that it wishes to purchase. If the Company or an assignee gives the Selling Optionee notice that it desires to purchase the Offered Shares, then payment for the Offered Shares shall be
by check or wire transfer, against delivery of the Offered Shares to be purchased at a place agreed upon between the parties and at the time of the scheduled closing therefor, which shall be no later than thirty (30) days after the
Company’s receipt of the Transfer Notice, unless the Transfer Notice contemplates a later closing with the prospective third party transferee(s) or unless the value of the purchase price has not yet been established pursuant to
Section 5(c) hereof. 
 (c)        Valuation of
Property.    Should the purchase price specified in any Transfer Notice be payable in property other than cash or evidences of indebtedness, the Company and its assignee(s) shall have the right to pay the purchase price in
the form of cash equal in amount to the value of such property. If the Selling Optionee and the Company or its assignee(s) cannot agree on such cash value within ten (10) days after the Company’s receipt of the Transfer Notice, the
valuation shall be as determined in good faith by the Administrator. If the time for the closing of the purchase has expired but for the determination of the value of the purchase price offered by the prospective transferee(s), then such closing
shall be held on or prior to the fifth (5th) business day after the valuation shall have been made pursuant to this Section 5(c). 
 (d)        Non-Exercise of Right.  To the extent that any Offered Share has not been purchased pursuant to Section 5(b) hereof and the Company
has determined that the proposed Transfer of the unpurchased Offered Shares to the third party transferee identified in the Transfer Notices would not constitute a Change in Control, the Company shall promptly so notify the Selling Optionee and the
Selling Optionee shall have a period of thirty (30) days from receipt of such notice in which to sell such unpurchased Offered Shares upon terms and conditions (including the purchase price) no more favorable than those specified in the
Transfer Notice; provided, however, that the transferee shall agree in writing on a form prescribed by the 

  
 -2-

 
Company to be bound by all provisions of this Exercise Notice. In the event that the Selling Optionee does not consummate such sale or disposition within such thirty (30) day period, all
rights of first refusal under this Section 5 shall continue to be applicable to any subsequent disposition of the Offered Shares by the Selling Optionee until such rights lapse in accordance with the terms of this Section 5. Furthermore,
the exercise or nonexercise of such rights shall not adversely affect the right of the Company and its assignee(s) to make subsequent purchases from the Selling Optionee of Shares. 

(e)        Additional Shares or Substituted Securities.  In the
event of the declaration of a share dividend, the declaration of an extraordinary dividend payable in a form other than shares, a spin-off, a share split, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the
Company’s outstanding securities without receipt of consideration, any new, substituted or additional securities or other property (including money paid other than as an ordinary cash dividend) that are by reason of such transaction distributed
with respect to any Shares subject to this Section 5 or into which such Shares thereby become convertible shall immediately be subject to this Section 5. Appropriate adjustments to reflect the distribution of such securities or property
shall be made to the number and/or class of Shares subject to this Section 5. 

(f)        Exception for Certain Family
Transfers.    Anything to the contrary contained in this Section 5 notwithstanding, the transfer of any or all of the Shares during the Optionee’s lifetime or on the Optionee’s death by will or intestacy to the
Optionee’s immediate family or a trust for the benefit of the Optionee’s immediate family shall be exempt from the provisions of this Section 5. “Immediate Family” as used herein shall mean spouse, lineal descendant or
antecedent, father, mother, brother or sister. In such case, the transferee or other recipient shall receive and hold the Shares so transferred subject to the provisions of this Section 5, and there shall be no further transfer of such Shares
except in accordance with the terms of this Section 5. 

(g)        Change in Control.  In the event of a Change in
Control, all rights of first refusal under this Section 5 shall remain in full force and effect and shall apply to the new shares of capital received in exchange for the Shares in consummation of the Change in Control, but only to the extent
the Shares are at the time covered by the rights of first refusal under this Section 5. 

(h)        Lapse.  Notwithstanding any other provision of this
Section 5, any right of first refusal provided in this Section 5 shall terminate as to any Shares upon the earlier to occur of (i) a Qualified Public Offering (as defined in the Option Agreement), or (ii) a Change in Control in
which the successor corporation has equity securities that are publicly traded. 

6.        Tax Consultation.   The Optionee hereby
acknowledges that he or she understands that the Optionee may suffer adverse tax consequences as a result of the Optionee’s purchase or disposition of the Shares. The Optionee hereby represents that the Optionee has consulted with any tax
consultants the Optionee deems advisable in connection with the purchase or disposition of the Shares and that the Optionee is not relying on the Company for any tax advice. 

  
 -3-

 7.        Restrictions on
Transfer. 
 (a)        Legends.    The
Optionee hereby acknowledges, understands and agrees that the Company may cause the legends set forth below or legends substantially equivalent thereto, to be placed upon any certificate(s) evidencing ownership of the Shares together with any other
legends that may be required by the Company or by state or U.S. Federal securities laws or other Applicable Law: 
 THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS AMENDED, (THE “ACT”) OR QUALIFIED OR REGISTERED UNDER STATE SECURITIES OR BLUE SKY LAWS.
THESE SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO DISTRIBUTION, AND NEITHER THESE SECURITIES NOR ANY INTEREST OR PARTICIPATION THEREIN MAY BE SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED OR DISPOSED
OF EXCEPT IN COMPLIANCE WITH THE ACT, APPLICABLE STATE SECURITIES OR BLUE SKY LAWS AND THE APPLICABLE RULES AND REGULATIONS THEREUNDER. THE ISSUER OF THESE SECURITIES MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER
TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS. 
 THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER AND A RIGHT OF FIRST REFUSAL HELD BY THE ISSUER OR ITS ASSIGNEE(S) AS SET FORTH IN THE EXERCISE NOTICE
BETWEEN THE ISSUER AND THE ORIGINAL HOLDER OF THESE SECURITIES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER. SUCH TRANSFER RESTRICTIONS AND RIGHT OF FIRST REFUSAL ARE BINDING ON TRANSFEREES OF THESE SECURITIES. 

THE SECURITIES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO RESTRICTIONS ON TRANSFER FOR A PERIOD FOLLOWING THE
EFFECTIVE DATE OF THE UNDERWRITTEN PUBLIC OFFERING OF THE COMPANY’S SECURITIES AS SET FORTH IN AN AGREEMENT BETWEEN THE ISSUER AND THE ORIGINAL HOLDER OF THESE SECURITIES AND MAY NOT BE SOLD OR OTHERWISE DISPOSED OF BY THE HOLDER WITHOUT THE
CONSENT OF THE ISSUER OR THE MANAGING UNDERWRITER. 

(b)        Stop-Transfer Notices.    The Optionee
agrees that, in order to ensure compliance with the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it
may make appropriate notations to the same effect in its own records. 

  
 -4-

 (c)        Rights of the
Company.  The Company shall not (i) record on its books the transfer of any Shares that have been sold or transferred in contravention of this Exercise Notice or (ii) treat as the owner of Shares, or otherwise to accord
voting, dividend or liquidation rights to, any transferee to whom Shares have been transferred in contravention of this Exercise Notice. Any Transfer of Shares not made in conformance with this Exercise Notice shall be null and void and shall not be
recognized by the Company. 
 (d)        Removal of
Legends.    If, in the opinion of the Company and its counsel, any legend placed on a certificate of shares representing Shares sold under this Exercise Notice is no longer required, the holder of the certificate shall be
entitled to exchange the certificate for a certificate representing the same number of Shares but without such legend. 
 8.        Successors and Assigns.    The Company may assign any of its rights under this Exercise Notice to single or multiple assignees,
and the terms and conditions of this Exercise Notice shall inure to the benefit of the successors and assigns of the Company. Subject to the restrictions on transfer herein set forth, the terms and conditions of this Exercise Notice shall be binding
upon the Optionee and his or her heirs, executors, administrators, successors and assigns. 

9.        Interpretation.    Any dispute regarding the
interpretation of this Exercise Notice shall be submitted by the Optionee or by the Company forthwith to the Administrator, which shall review such dispute at its next regular meeting. The resolution of such a dispute by the Administrator shall be
final and binding on all parties. 
 10.      Governing Law;
Severability.    This Exercise Notice is governed by the laws of the State of California applicable to contracts executed in and to be performed in that State without giving effect to its choice of law rules. 

11.      Entire Agreement.    The Plan and Option Agreement are
incorporated herein by reference. This Exercise Notice, the Plan, the Option Agreement and the Investment Representation Statement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their
entirety all prior undertakings and agreements of the Company and the Optionee with respect to the subject matter hereof, and may not be modified adversely to the Optionee’s interest except by means of a writing signed by the Company and the
Optionee. 
 [SIGNATURE PAGE FOLLOWS] 

  
 -5-

 IN WITNESS WHEREOF, this Exercise Notice is deemed made as of the date first
set forth above. 
  

					
	Submitted by:	 		 	Accepted by:
			
	OPTIONEE	 		 	 BCD SEMICONDUCTOR

MANUFACTURING LIMITED

			
	  
	 		 	  

	Signature	 		 	By
			
	  
	 		 	  

	Print Name	 		 	Print Name
			
		 		 	  

			
	Address:	 		 	Address:
			
	  
	 		 	  

			
	  
	 		 	  

			
		 		 	  

		 		 	Date Received

 SIGNATURE PAGE TO
EXERCISE NOTICE 

 EXHIBIT C 

INVESTMENT REPRESENTATION STATEMENT 
  

					
	OPTIONEE:	 	  
	  	
		
	COMPANY:	 	BCD SEMICONDUCTOR MANUFACTURING LIMITED
		
	SECURITIES:	 	ORDINARY SHARES
			
	AMOUNT:	 	  
	  	
			
	DATE:	 	  
	  	

 In connection with the purchase of the above-listed Securities, the Optionee
represents to the Company the following: 
 (a)        The Optionee
hereby acknowledges that the Optionee is aware of the Company’s business affairs and financial condition and has acquired sufficient information about the Company to reach an informed and knowledgeable decision to acquire the Securities. The
Optionee is acquiring these Securities for investment for the Optionee’s own account only and not with a view to, or for resale in connection with, any “distribution” thereof within the meaning of the Securities Act of 1933, as
amended (the “Securities Act”). 
 (b)        The
Optionee hereby acknowledges and understands that the Securities constitute “restricted securities” under the Securities Act and have not been registered under the Securities Act in reliance upon a specific exemption therefrom, which
exemption depends upon, among other things, the bona fide nature of the Optionee’s investment intent as expressed herein. In this connection, the Optionee understands that, in the view of the Securities and Exchange Commission, the statutory
basis for such exemption may be unavailable if the Optionee’s representation was predicated solely upon a present intention to hold these Securities for the minimum capital gains period specified under tax statutes, for a deferred sale, for or
until an increase or decrease in the market price of the Securities, or for a period of one year or any other fixed period in the future. The Optionee further understands that the Securities must be held indefinitely unless they are subsequently
registered under the Securities Act or an exemption from such registration is available. The Optionee further acknowledges and understands that the Company is under no obligation to register the Securities. The Optionee understands that the
certificate evidencing the Securities will be imprinted with a legend that prohibits the transfer of the Securities unless they are registered or such registration is not required in the opinion of counsel satisfactory to the Company, and with any
other legend required under applicable state securities laws. 

(c)        The Optionee hereby acknowledges that the Optionee is familiar with
the provisions of Rule 701 and Rule 144, each promulgated under the Securities Act, which, in substance, permit limited public resale of “restricted securities” acquired, directly or indirectly from the issuer thereof, in a
non-public offering subject to the satisfaction of certain conditions. Rule 701 provides that if the issuer qualifies under Rule 701 at the time of the grant of the 

 
Option to Optionee, the exercise shall be exempt from registration under the Securities Act. In the event the Company becomes subject to the reporting requirements of Section 13 or 15(d) of
the Securities Exchange Act of 1934, as amended (the “Exchange Act”), ninety (90) days thereafter (or such longer period as any market stand-off agreement may require) the Securities exempt under Rule 701 may be resold,
subject to the satisfaction of the applicable conditions specified by Rule 144, including in the case of affiliates (1) the availability of certain public information about the Company, (2) the amount of Securities being sold during
any three (3) month period not exceeding specified limitations, (3) the resale being made in an unsolicited “broker’s transaction”, transactions directly with a “market maker” or “riskless principal
transactions” (as those terms are defined under the Exchange Act) and (4) the timely filing of a Form 144, if applicable. 
 In the event that the Company does not qualify under Rule 701 at the time of grant of the Option, then the Securities may be resold in certain limited circumstances subject to the provisions of
Rule 144, which may require (i) the availability of current public information about the Company; (ii) the resale to occur more than a specified period after the purchase and full payment (within the meaning of Rule 144) for the
Securities; and (iii) in the case of the sale of Securities by an affiliate, the satisfaction of the conditions set forth in sections (2), (3) and (4) of the paragraph immediately above. 

(d)        The Optionee further understands that in the event all of the
applicable requirements of Rule 701 or 144 are not satisfied, registration under the Securities Act, compliance with Regulation A, or some other registration exemption will be required; and that, notwithstanding the fact that Rules 144 and
701 are not exclusive, the Staff of the Securities and Exchange Commission has expressed its opinion that persons proposing to sell private placement securities other than in a registered offering and otherwise than pursuant to Rules 144 or 701
will have a substantial burden of proof in establishing that an exemption from registration is available for such offers or sales, and that such persons and their respective brokers who participate in such transactions do so at their own risk. The
Optionee understands that no assurances can be given that any such other registration exemption will be available in such event. 
  

					
	Signature of the Optionee:
	
	  

			
	Date:	 	  
	 	

  
 -2-

 BCD SEMICONDUCTOR MANUFACTURING LIMITED 

2002 SHARE PLAN 
 AMENDED AND RESTATED PRC OPTION AGREEMENT 
 This Amended
and Restated PRC Option Agreement (this “Option Agreement”) is made this          day of
                    , 20     (the “Effective Date”) and amends and restates that certain PRC
Option Agreement entered into by and between you,              (the “Optionee”) and BCD Semiconductor Manufacturing Limited (the “Company”)
with respect to the option (the “Option”) to purchase Ordinary Shares of the Company (“Shares”) granted to you under the Company’s 2002 Share Plan (the “Plan”) on the Date of Grant set forth
below (the “Prior Agreement”). 
 In consideration for and subject to your delivery to the
Company of an amount equal to US$             [insert aggregate exercise price of vested options] (the “Extension Price”), the Prior Agreement is hereby
amended and superseded in its entirety and restated by this Option Agreement. All provisions of, rights granted and covenants made in the Prior Agreement are hereby waived, released and superseded in their entirety and shall have no further force or
effect. Optionee hereby acknowledges and agrees that the Extension Price shall be non-refundable. 

Optionee further acknowledges that Optionee’s status as a Service Provider under the Plan terminated on
             [insert termination date], and that on such date,              [insert number of unvested
shares as of termination date] of the Shares exercisable under the Prior Agreement were unvested and immediately forfeited and Optionee has no further rights with respect thereto. 

Subject to the provisions of the Plan and the Option Rules attached hereto as Exhibit A, the principal features of
the Option are as follows: 
  

					
	Date of Grant	  	  
	 	
	Exercise Price per Share	  	US$0.001
	Number of Shares Subject to the Option	  	  
	 	[insert number of vested shares as of the termination date]
	Type of Option:	  	Nonstatutory Stock Option
	Expiration Date:	  	10th anniversary of the Effective Date (as defined above)

Option Exercise: 
 The Option is fully-vested, and to the extent permitted by Applicable Law, the Option shall become exercisable, in whole or in part, in accordance with the terms of the Plan and the Option Rules (attached
hereto as Exhibit A). 
 Escrow Provisions: 

This Option shall be held by the Company under the Escrow Provisions (attached hereto as Exhibit B). 

Option Termination and Expiration: 

This Option shall be exercisable for the number of days after Participant ceases to be a Service Provider as provided in
Section 2 of Exhibit A. In no event may the Option be exercised after the Expiration Date. It is the Optionee’s responsibility to exercise the Option, if the Optionee so desires, before it expires or terminates. 

The Optionee’s signature below indicates his or her agreement, understanding, and acceptance that the Option is
subject to all of the terms and conditions contained in Exhibit A, the Plan, and the Escrow Provisions (Exhibit B). Please be sure to read all of Exhibits A and B, which contain the specific terms and conditions of the
Option. This Option Agreement does not represent a securities interest in the Company, which interest may accrue only upon the exercise of the Option in accordance with its terms. 

 

							
	OPTIONEE:	 		 	BCD SEMICONDUCTOR MANUFACTURING LIMITED:
				
	  
	 		 	  
	 	
	(Signature)	 		 	(Signature)	 	
	  
	 		 	  
	 	
	(Print Name)	 		 	(Print Name and Title)	 	
	  
	 		 	  
	 	
	(Date)	 		 	(Date)	 	
	  
	 		 		 	
	(Residence Address)	 		 		 	

 EXHIBIT A 

OPTION RULES 
 1.        Option.    This Option is a right to purchase the number of Shares set forth on the first page of this Option Agreement (the
“Grant Summary”), at the Exercise Price per Share set forth in the Grant Summary, and subject to all of the terms and conditions in this Option Agreement and the Plan, a copy of which the Optionee acknowledges having received.
Unless otherwise defined herein, the capitalized terms in this Option Agreement shall have the meanings ascribed to those terms in the Plan. In the event of a conflict between the terms and conditions of the Plan and this Option Agreement, the terms
and conditions of the Plan shall prevail unless otherwise indicated. 
 The Option, and any Shares or cash
acquired pursuant hereto, shall be held by the Company under the Escrow Provisions (attached hereto as Exhibit B). 
 2.        Exercise of Option. 
 (a)        Right to Exercise.    If permitted by Applicable Law, this Option shall be exercisable during its term cumulatively according
to the applicable provisions of the Plan. Notwithstanding the foregoing, the Option may not be exercised for a fraction of a Share. 
 (b)        Option Exercise Period.    Notwithstanding any provision in this Option Agreement to the contrary, the Option shall not be
exercisable until (i) the occurrence of the earliest of (A) the Initial Public Offering (as defined below), (B) a Change in Control in which the successor entity has equity securities publicly traded on an internationally-recognized
stock exchange, and (C) upon such date that the Option may be legally exercised pursuant to Applicable Law, as evidenced by a legal opinion provided to and approved by the Board (a “Trigger Event”), and (ii) following a
Trigger Event, the later of (X) the completion by the Company (or, if applicable, the successor entity) of all relevant registrations, if any, required under PRC law with respect to the exercise of the Option, including, without limitation,
those required by the PRC State Administration of Foreign Exchange (“SAFE”) as determined to be necessary or desirable by the Board in its discretion, and (Y) if applicable, the expiration of the Market-Standoff (as defined
below) (such date, the “Trigger Date”). On or after the Trigger Date, the Option shall be exercisable during its term until the end of the Exercise Period specified below: 

 

			
	    Reason for Termination of
Service	  	End of Option Exercise
Period
	 Termination as a Service Provider

(except as provided below)
	  	3 months from the Trigger Date
	 Termination as a Service Provider

due to death or Disability
	  	 The later of 3 months from the Trigger Date
and 6
 months from termination

 Subject to Section 12(c) of the Plan, the Option shall terminate on the earlier of the Expiration Date as set forth in the Grant Summary and the end of the Option Exercise Period specified above.

 (c)        Method of
Exercise.  The Optionee may instruct the Company to exercise the Option on his or her behalf by delivery of a written exercise notice in the form attached hereto as Exhibit C (the “Exercise Notice”) or in a
manner and pursuant to such procedures as the Administrator may determine, which shall state the election to exercise the Option, the number of Shares with respect to which the Option is being exercised, and such other representations and agreements
as may be required by the Company. The Exercise Notice shall be signed by the Optionee (or by the Optionee’s beneficiary or other person entitled under the Plan to exercise the Option in the event of the Optionee’s death) and shall be
delivered in person or by certified mail to the Company. The Exercise Notice shall be accompanied by payment of the aggregate Exercise Price as to all Shares exercised, with applicable tax withholding delivered, according to Exhibit C hereto.
The Option shall be deemed to be exercised as of the date (the “Exercise Date”) (i) the Company receives (as determined by the Administrator in its sole, but reasonable, discretion) the fully executed Exercise Notice
accompanied by payment of the aggregate Exercise Price, with applicable tax withholding delivered, according to Exhibit C hereto, and (ii) all other applicable terms and conditions of the Option Agreement are satisfied. 

(d)        Approval by Shareholders and Compliance Restrictions on
Exercise.  Any other provision of this Agreement to the contrary notwithstanding, no portion of the Option shall be exercisable at any time prior to the approval of the Plan by the shareholders of the Company. No Shares shall be issued
pursuant to the exercise of an Option, unless the issuance and exercise, including the form of consideration used to pay the Exercise Price, comply with Applicable Law. 

3.        Optionee’s Representations.  In the event the
Shares have not been registered under the Securities Act on the Exercise Date, the Optionee shall, if required by the Company, concurrently with the exercise of all or any portion of the Option, deliver to the Company his or her Investment
Representation Statement in the form attached hereto as Exhibit D, as well as any other representations necessary or appropriate, in the judgment of the Administrator, to comply with Applicable Law. 

4.        Market Stand-Off. 

(a)        The Optionee agrees that the Optionee shall not directly or
indirectly sell, make any short sale of, loan, hypothecate, pledge, offer, grant or sell any option or other contract for the purchase of, purchase any option or other contract for the sale of, or otherwise dispose of or transfer, or agree to engage
in any of the foregoing transactions with respect to, any Shares acquired under the Option Agreement for a period specified by the Company or its underwriters. Such restriction (the “Market Stand-Off”) shall be in effect for such
period of time commencing on and following the effective date of the Initial Public Offering as may be requested by the Company or its underwriters. In no event, however, shall the Market Stand-Off period exceed 180 days following the effective date
of the Initial Public Offering. In the event of the declaration of a share dividend, a spin-off, a share split, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the Company’s outstanding securities
without receipt of consideration, any new, substituted or additional securities that are by reason of such transaction distributed with respect to any Shares subject to the Market Stand-Off, or into which such Shares thereby become convertible,
shall immediately be subject to the Market Stand-Off. In order to enforce the Market Stand-Off, the Company may impose stop-transfer instructions with respect to the Shares acquired under this Option Agreement until the end of the applicable

  
 -2-

 
Market Stand-Off period. The Company’s underwriters shall be beneficiaries of the agreement set forth in this Section 4, and the Optionee agrees that any transferee of any Optionee
shall be bound by the provisions of this Section 4. This Section 4 shall not apply to Shares registered in the Initial Public Offering. 
 (b)        For purposes of this Section 4, an “Initial Public Offering” shall mean the closing of the first underwritten public offering, pursuant to
an effective registration statement under the Securities Act or pursuant to a valid qualification or filing under Applicable Law of another jurisdiction, of the Shares or other equity securities of the Company. Notwithstanding the foregoing, an
Initial Public Offering shall not include a registration relating solely to employee benefit plans or to a Rule 145 transaction under the Securities Act or to similar registrations under Applicable Law of another jurisdiction. 

(c)        The Optionee shall execute and deliver such other agreements as may
be reasonably requested by the Company or its underwriters that are consistent with this Section 4 or that are necessary to give further effect thereto. In addition, if requested by the Company or its underwriters, the Optionee shall provide,
within ten (10) days of this request, such information as may be required by the Company or its underwriters in connection with the completion of the Company’s Initial Public Offering. 

5.        Method of Payment.  Payment of the aggregate Exercise
Price shall be by any of the following forms of consideration, or a combination thereof, at the election of the Optionee: 
 (a)        if permitted by Applicable Law, by cash, check or cash equivalent; 

(b)        at the discretion of the Administrator and to the extent permitted by
Applicable Law, consideration received by the Company under a formal cashless exercise program adopted by the Company in connection with the Plan; or 
 (c)        such other method or manner of payment as the Administrator may approve, to the extent permitted by Applicable Law. 

6.        Non-Transferability of Option.    The Option
and the rights and privileges conferred hereby shall not be sold, pledged or otherwise transferred (whether by operation of law or otherwise) in any manner otherwise than by will or by the laws of descent or distribution, shall not be subject to
sale under execution, attachment, levy or similar process and may be exercised during the lifetime of the Optionee only by the Optionee. The terms of the Plan and the Option Agreement shall be binding upon the executors, administrators, heirs,
successors and assigns of the Optionee. 
 7.        Term of
Option.  The Option shall in any event expire on the Expiration Date set forth in the Grant Summary, and may be exercised prior to the Expiration Date only in accordance with the Plan and the terms of this Option Agreement. 

8.        Tax Obligations. 

(a)        Tax Withholding.    The Optionee
understands that he/she is solely responsible for any taxes associated with the Option exercise The Optionee shall make 

  
 -3-

 
appropriate arrangements with the Company (or the Parent or Subsidiary employing or retaining the Optionee) for the satisfaction of all U.S. Federal, state, local and non-U.S. (including the
People’s Republic of China) income and employment tax withholding requirements applicable to the Option exercise, disposition of the Option or the Shares issued pursuant to the exercise of the Option. In this regard and to the extent determined
appropriate by the Company in its discretion and permissible under Applicable Law, the Optionee authorizes the Company (and/or a Parent or Subsidiary of the Company) to (i) withhold all applicable taxes legally payable by the Optionee from
proceeds from the sale of Shares acquired upon exercise of the Option in an amount sufficient to cover such tax obligations or (ii) reduce the number of Shares otherwise deliverable to the Optionee (including selling on the Optionee’s
behalf such number of Shares necessary to obtain sufficient proceeds to satisfy such tax withholding obligations). The Optionee hereby acknowledges, understands and agrees that the Company may refuse to honor the exercise and refuse to deliver
Shares if the withholding amounts are not delivered at the time of exercise. 

9.        Adjustment of Shares.  In the event of any transaction
described in Section 12 of the Plan, the terms of the Option (including, without limitation, the number and kind of the Shares subject to the Option and the Exercise Price) may be adjusted as set forth in Section 12 of the Plan. This
Option Agreement shall in no way affect the right of the Company to adjust, reclassify, reorganize or otherwise change its capital or business structure or to merge, consolidate, dissolve, liquidate or sell or transfer any part of its business or
assets. 
 10.      Legality of Initial Issuance.  No Shares
shall be issued upon the exercise of the Option unless and until the Company has determined that: (i) the Company and the Optionee have taken all actions required to register the Shares under the Securities Act or to perfect an exemption from
the registration requirements thereof, if applicable; (ii) all applicable listing requirements of any stock exchange or other securities market on which the Shares are listed have been satisfied; and (iii) all other applicable provisions
of state or U.S. Federal law or other Applicable Law have been satisfied. 

11.      No Registration Rights.  The Company may, but shall not be
obligated to, register or qualify the sale of Shares under the Securities Act or any other Applicable Law. The Company shall not be obligated to take any affirmative action in order to cause the sale of Shares under this Option Agreement to comply
with any Applicable Law. 
 12.      Securities Law
Restrictions.    Regardless of whether the offering and sale of Shares under the Plan have been registered under the Securities Act or have been registered or qualified under the securities laws of any state, the Company at
its discretion may impose restrictions upon the sale, pledge or other transfer of the Shares (including the placement of appropriate legends on share certificates or the imposition of stop-transfer instructions) if, in the judgment of the Company,
such restrictions are necessary or desirable in order to achieve compliance with the Securities Act, the securities laws of any state or any other Applicable Law. 

13.      Disposition of Shares.  The Optionee agrees to sell, transfer or
otherwise dispose of the Shares acquired pursuant to the exercise of the Option in such manner and subject to such terms and conditions as the Administrator determines within such period of time as the Administrator may designate from time to time
to comply with Applicable Laws, or as requested by SAFE or its local agency (the “Disposition Deadline”). The Optionee hereby authorizes the 

  
 -4-

 
Company and appoints the Company as the Optionee’s attorney-in-fact to sell on the Optionee’s behalf any Shares held by the Optionee after the Disposition Deadline, without any further
action, consent or instruction by the Optionee. 

14.      Acknowledgements. 

(a)        The Optionee acknowledges receipt of a copy of the Plan and
represents that he or she is familiar with the terms and provisions thereof, and hereby accepts this Option subject to all of the terms and provisions thereof. The Optionee has reviewed the Plan and this Option Agreement in their entirety, has had
an opportunity to obtain the advice of counsel prior to executing this Option Agreement and fully understands all provisions of the Option. The Optionee hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the
Administrator upon any questions arising under the Plan or this Option Agreement. The Optionee further agrees to notify the Company upon any change in residence address. 

(b)        The Company (which may or may not have been the Optionee’s
employer) is granting the Option. The Company will administer the Plan from outside the Optionee’s country of residence, and United States law will govern all Options granted under the Plan. 

(c)        The Optionee acknowledges that benefits and rights provided under the
Plan are wholly discretionary and, although provided by the Company, do not constitute regular or periodic payments. Unless otherwise required by Applicable Law, the benefits and rights provided under the Plan are not to be considered part of the
Optionee’s salary or compensation for purposes of calculating any severance, resignation, redundancy or other end of service payments, vacation, bonuses, long-term service awards, indemnification, pension or retirement benefits, or any other
payments, benefits or rights of any kind. The Optionee waives any and all rights to compensation or damages as a result of the termination of employment with the Company for any reason whatsoever insofar as those rights result or may result from:

 (i)        the loss or diminution in value of such rights under the
Plan, or 
 (ii)       the Optionee ceasing to have any rights under, or
ceasing to be entitled to any rights under the Plan as a result of such termination. 

(d)        The grant of the Option, and any future grant of Options under the
Plan is entirely voluntary, and at the complete discretion of the Company. Neither the grant of the Option nor any future grant of an Option by the Company will be deemed to create any obligation to grant any further Options, whether or not such a
reservation is explicitly stated at the time of such a grant. The Company has the right, at any time, to amend, suspend or terminate the Plan. 
 (e)        The Plan will not be deemed to constitute, and will not be construed by the Optionee to constitute, part of the terms and conditions of employment, and
the Company will not incur any liability of any kind to the Optionee as a result of any change or amendment, or any cancellation, of the Plan at any time. 

  
 -5-

 (f)        Participation in the
Plan will not be deemed to constitute, and will not be deemed by the Optionee to constitute, an employment or labor relationship of any kind with the Company. 
 (g)        By entering into this Option Agreement, and as a condition of the grant of the Option, the Optionee consents to the collection, use, and transfer of
personal data as described in this subsection to the full extent permitted by and in full compliance with Applicable Law. 
 (i)        the Optionee understands that the Company, its Parent or any Subsidiary may hold certain personal information about the Optionee, including, but not
limited to, name, home address and telephone number, date of birth, social insurance number, salary, nationality, job title, any Shares or directorships held in the Company, details of all Options or other entitlement to Shares awarded, canceled,
exercised, vested, unvested, or outstanding in the Optionee’s favor, for the purpose of managing and administering the Plan (“Data”). 
 (ii)       the Optionee further understands that the Company and/or its Subsidiaries will transfer Data among themselves as necessary for the purposes of implementation,
administration, and management of the Optionee’s participation in the Plan, and that the Company and/or its Subsidiaries may each further transfer Data to any third parties assisting the Company in the implementation, administration, and
management of the Plan (“Data Recipients”). 
 (iii)      the
Optionee understands that these Data Recipients may be located in the Optionee’s country of residence or elsewhere, such as the United States. The Optionee authorizes the Data Recipients to receive, possess, use, retain, and transfer Data in
electronic or other form, for the purposes of implementing, administering, and managing the Optionee’s participation in the Plan, including any transfer of such Data, as may be required for the administration of the Plan and/or the subsequent
holding of Shares on the Optionee’s behalf, to a broker or third party with whom the Shares acquired on exercise may be deposited. 
 (iv)       the Optionee understands that the Optionee may, at any time, review the Data, request that any necessary amendments be made to it, or withdraw the
Optionee’s consent herein in writing by contacting the Company. The Optionee further understands that withdrawing consent may affect the Optionee’s ability to participate in the Plan. 

(h)        The Optionee has received the terms and conditions of this Option
Agreement and any other related communications, and the Optionee consents to having received these documents in English. 
 15.      General Provisions. 

(a)        Notice.  Any notice required by the terms of this
Option Agreement shall be given in writing and shall be deemed effective upon personal delivery or upon deposit with a national postal service, by registered or certified mail, with postage and fees prepaid. Notice shall be addressed to the Company
at its principal executive office and to the Optionee at the address that he or she most recently provided to the Company. 

  
 -6-

 (b)        Successors and
Assigns.    Except as provided herein to the contrary, this Option Agreement shall be binding upon and inure to the benefit of the parties to this Option Agreement, their respective successors and permitted assigns.

 (c)        No Assignment.  Except as otherwise
provided in this Option Agreement, the Optionee shall not assign any of his or her rights under this Option Agreement without the prior written consent of the Company, which consent may be withheld in its sole discretion. The Company shall be
permitted to assign its rights or obligations under this Option Agreement, but no such assignment shall release the Company of any obligations pursuant to this Option Agreement. 

(d)        Severability.  The validity, legality or
enforceability of the remainder of this Option Agreement shall not be affected even if one or more of the provisions of this Option Agreement shall be held to be invalid, illegal or unenforceable in any respect. 

(e)        Administration.    Any determination by
the Administrator in connection with any question or issue arising under the Plan or this Option Agreement shall be final, conclusive, and binding on the Optionee, the Company, and all other persons. 

(f)        Headings.    The section headings in this
Option Agreement are inserted only as a matter of convenience, and in no way define, limit or interpret the scope of this Option Agreement or of any particular section. 

(g)        Counterparts.  This Option Agreement may be executed
simultaneously in two or more counterparts, each of which shall be deemed an original, but all of which together shall constitute one and the same instrument. 
 (h)        Entire Option Agreement; Governing Law.    The provisions of the Plan are incorporated herein by reference. The Plan, the
Escrow Provisions and this Option Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings and agreements of the Company and the Optionee with respect
to the subject matter hereof, and may not be modified adversely to the Optionee’s interest except by means of a writing signed by the Company and the Optionee. This Option Agreement is governed by the laws of the State of California applicable
to contracts executed in and to be performed in that State, except with respect to its choice of law rules. 

16.        Extension Price Not Refundable.    THE
EXTENSION PRICE PAID BY THE OPTIONEE TO THE COMPANY IN CONNECTION WITH THIS AMENDED AND RESTATED PRC OPTION AGREEMENT IS NOT REFUNDABLE UNDER ANY CIRCUMSTANCES. THE OPTIONEE ACKNOWLEDGES THAT THE COMPANY HAS NO OBLIGATION TO ENSURE THAT THE TRIGGER
DATE OCCURS PRIOR TO THE EXPIRATION DATE OR AT ALL. IF THE TRIGGER DATE DOES NOT OCCUR PRIOR TO THE EXPIRATION DATE, THEN THIS OPTION WILL EXPIRE IN ACCORDANCE WITH ITS TERMS AND THE EXTENSION PRICE WILL NOT BE RETURNED TO THE OPTIONEE. 

17.        Cashless Exercise; Proceeds Not Convertible to
RMB.      OPTIONEE ACKNOWLEDGES THAT IT MAY BE THE CASE THAT THIS OPTION WILL ONLY BE 

  
 -7-

 
EXERCISABLE, IF AT ALL, IN CONNECTION WITH A FORMAL CASHLESS EXERCISE PROGRAM ADOPTED BY THE COMPANY AND THAT THE COMPANY IS UNDER NO OBLIGATION TO ADOPT SUCH A PROGRAM. IT MAY ALSO BE THE CASE
THAT ANY PROCEEDS FROM A CASHLESS EXERCISE OF THIS OPTION WILL NOT BE CONVERTIBLE INTO RENMINBI AND THAT IT MAY NOT BE POSSIBLE FOR SUCH PROCEEDS TO BE REMITTED INTO THE PRC. 
 o O o 

  
 -8-

 EXHIBIT B 

BCD SEMICONDUCTOR MANUFACTURING LIMITED 
 2002 SHARE PLAN 
 ESCROW PROVISIONS 

1.        Option.  As set forth in the Option Agreement, to
which these Escrow Provisions (the “Escrow Provisions”) are attached, you have been granted an Option under the Plan. The Option will be held by the Company under these Escrow Provisions in an account in your name. Unless otherwise
defined herein, the capitalized terms in these Escrow Provisions shall have the meanings ascribed to those terms in the Plan. 
 2.        Legal and Equitable Title.  Legal and equitable title to the Option and any cash or securities acquired pursuant to the Option, will
remain with you at all times, notwithstanding that such items may be held by the Company pursuant to these Escrow Provisions. 
 3.        Exercise of Option.    You may instruct the Company to exercise the Option on your behalf at such time or times as permitted by
the Option Agreement and the Plan. 
 4.        Proceeds of
Exercise.    Shares acquired upon exercise of your Option will be retained in Escrow under these Escrow Provisions. Subject to requirements for repatriation and settlement of foreign exchange under the laws of the
People’s Republic of China, you may elect to keep any proceeds from the sale of such Shares (any such sale to be performed by the Company under your direction) in your account under these Escrow Provisions or to have them distributed to you. If
you elect to have the proceeds distributed to you, the Company will use its reasonable efforts to effect such distribution, pursuant to such channels as the Company reasonably determines appropriate and permissible under Applicable Law. 

5.        Powers of Company.    The Company may take
any and all actions, and is hereby granted such powers and discretion, as may appear necessary or proper to comply with Applicable Law and to effectuate and carry out the terms and purposes of Escrow under these Escrow Provisions, including, but not
limited to, the power to exercise the Option and hold or dispose of the proceeds of such exercise in accordance with the terms of these Escrow Provisions. 
 6.        Limitation of Liability.  The Company is not liable for any damage caused by the exercise of its discretion as authorized by these Escrow
Provisions for any reason, except gross negligence or willful misconduct. The Company is not liable for honest mistakes of judgment or for losses or liabilities due to honest mistakes of judgment. 

7.        Costs and Expenses of this Escrow.    All
costs and expenses of these Escrow Provisions will be borne by the Company. 

8.        Entire Agreement; Governing Law.    The
provisions of the Plan are incorporated herein by reference. The Plan, Option Agreement and these Escrow Provisions constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their

 
entirety all prior undertakings and agreements of the Company and you with respect to the subject matter hereof, and may not be modified adversely to your interest except by means of a writing
signed by the Company and you. These Escrow Provisions are governed by the laws of the State of California applicable to contracts executed in and to be performed in that State, except with respect to its choice of law rules. 

o O o 

  
 -2-

 EXHIBIT C 

BCD SEMICONDUCTOR MANUFACTURING LIMITED 
 2002 SHARE PLAN 
 EXERCISE NOTICE 

BCD Semiconductor Manufacturing Limited 
 30920
Huntwood Avenue 
 Hayward, CA 94544 

Attention: [Title] 
 1.        Exercise of Option.    Effective as of today,
                            ,
            , the undersigned (the “Optionee”) hereby elects to exercise the Optionee’s option to purchase
                     ordinary shares (the “Shares”) of BCD Semiconductor Manufacturing Limited (the
“Company”), under and pursuant to the 2002 Share Plan (the “Plan”) and the PRC Option Agreement dated
                     (the “Option Agreement”). Unless otherwise defined herein, the capitalized terms in this notice of
exercise (the “Exercise Notice”) shall have the meanings ascribed to those terms in the Plan. 

2.        Delivery of Payment.    The Optionee
herewith delivers to the Company the full Exercise Price of the Shares with respect to which the Optionee is exercising the Option, and delivers any and all tax withholding due in connection with the exercise of the Option to the Company, the Parent
or the Subsidiary that is required under Applicable Law to withhold such taxes. 

3.        Representations of the Optionee.    The
Optionee hereby acknowledges that the Optionee has received and read, and understands the Plan and the Option Agreement, including the Option Rules, and agrees to abide by and be bound by their terms and conditions. 

4.        Rights as Shareholder.    Until the issuance
of the Shares (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 shareholder shall exist with respect to the
Shares subject to the Option, notwithstanding the exercise of the Option. The Shares shall be issued to the Optionee as soon as practicable after the Option is exercised in accordance with the Option Agreement. No adjustment shall be made for a
dividend or other right for which the record date is prior to the date of issuance except as provided in Section 12 of the Plan. 
 5.        Right of First Refusal. 
 (a)        Transfer Notice.    If at any time the Optionee proposes to sell, transfer, assign, encumber, pledge, hypothecate or otherwise
dispose of in any way (each, a “Transfer”) all or any part of or any interest in the Shares to one or more third parties pursuant to an understanding with the third parties, then the Optionee (a “Selling Optionee”)
shall first give the Company written notice of the Selling Optionee’s intention to make the Transfer (the “Transfer 

 
Notice”), which Transfer Notice shall include (i) a description of the Shares to be transferred (the “Offered Shares”), (ii) the identity of the prospective
transferee(s), (iii) a certification as to the number of Shares currently owned, directly or indirectly, by the proposed transferee and its Affiliates and (iv) the consideration and the material terms and conditions upon which the proposed
Transfer is to be made. For purposes of this Section 5, “Affiliate” shall mean any person or entity that directly, or indirectly through one or more intermediaries, controls, or is controlled by, or is under common control with
such entity. The Transfer Notice shall certify that the Selling Optionee has received a firm offer from the prospective transferee(s) and in good faith believes a binding agreement for the Transfer is obtainable on the terms set forth in the
Transfer Notice. The Transfer Notice shall also include a copy of any written proposal, term sheet or letter of intent or other agreement relating to the proposed Transfer and proof satisfactory to the Company that the proposed Transfer will not
violate Applicable Law. 
 (b)        Company’s
Option.  The Company and its assignee(s) shall have an option for a period of thirty (30) days from receipt of the Transfer Notice to elect to purchase the Offered Shares at the same price and subject to the same material terms
and conditions as described in the Transfer Notice. The Company and its assignee(s) may exercise such purchase option and, thereby, purchase all (or a portion of) the Offered Shares by notifying the Selling Optionee in writing before expiration of
such thirty (30)-day period as to the number of Offered Shares that it wishes to purchase. If the Company or an assignee gives the Selling Optionee notice that it desires to purchase the Offered Shares, then payment for the Offered Shares shall be
by check or wire transfer, against delivery of the Offered Shares to be purchased at a place agreed upon between the parties and at the time of the scheduled closing therefor, which shall be no later than thirty (30) days after the
Company’s receipt of the Transfer Notice, unless the Transfer Notice contemplates a later closing with the prospective third party transferee(s) or unless the value of the purchase price has not yet been established pursuant to
Section 5(c) hereof. 
 (c)        Valuation of
Property.    Should the purchase price specified in any Transfer Notice be payable in property other than cash or evidences of indebtedness, the Company and its assignee(s) shall have the right to pay the purchase price in
the form of cash equal in amount to the value of such property. If the Selling Optionee and the Company or its assignee(s) cannot agree on such cash value within ten (10) days after the Company’s receipt of the Transfer Notice, the
valuation shall be as determined in good faith by the Administrator. If the time for the closing of the purchase has expired but for the determination of the value of the purchase price offered by the prospective transferee(s), then such closing
shall be held on or prior to the fifth (5th) business day after the valuation shall have been made pursuant to this Section 5(c). 
 (d)        Non-Exercise of Right.    To the extent that any Offered Share has not been purchased pursuant to Section 5(b) hereof and
the Company has determined that the proposed Transfer of the unpurchased Offered Shares to the third party transferee identified in the Transfer Notices would not constitute a Change in Control, the Company shall promptly so notify the Selling
Optionee and the Selling Optionee shall have a period of thirty (30) days from receipt of such notice in which to sell such unpurchased Offered Shares upon terms and conditions (including the purchase price) no more favorable than those
specified in the Transfer Notice; provided, however, that the transferee shall agree in writing on a form prescribed by the 

  
 -2-

 
Company to be bound by all provisions of this Exercise Notice. In the event that the Selling Optionee does not consummate such sale or disposition within such thirty (30) day period, all
rights of first refusal under this Section 5 shall continue to be applicable to any subsequent disposition of the Offered Shares by the Selling Optionee until such rights lapse in accordance with the terms of this Section 5. Furthermore,
the exercise or nonexercise of such rights shall not adversely affect the right of the Company and its assignee(s) to make subsequent purchases from the Selling Optionee of Shares. 

(e)        Additional Shares or Substituted Securities.  In the
event of the declaration of a share dividend, the declaration of an extraordinary dividend payable in a form other than shares, a spin-off, a share split, an adjustment in conversion ratio, a recapitalization or a similar transaction affecting the
Company’s outstanding securities without receipt of consideration, any new, substituted or additional securities or other property (including money paid other than as an ordinary cash dividend) that are by reason of such transaction distributed
with respect to any Shares subject to this Section 5 or into which such Shares thereby become convertible shall immediately be subject to this Section 5. Appropriate adjustments to reflect the distribution of such securities or property
shall be made to the number and/or class of Shares subject to this Section 5. 

(f)        Change in Control.  In the event of a Change in
Control, all rights of first refusal under this Section 5 shall remain in full force and effect and shall apply to the new shares of capital received in exchange for the Shares in consummation of the Change in Control, but only to the extent
the Shares are at the time covered by the rights of first refusal under this Section 5. 

(g)        Lapse.  Notwithstanding any other provision of this
Section 5, any right of first refusal provided in this Section 5 shall terminate as to any Shares upon the earlier to occur of (i) an Initial Public Offering (as defined in the Option Agreement), or (ii) a Change in Control in
which the successor corporation has equity securities that are publicly traded. 

6.        Tax Consultation.  The Optionee hereby acknowledges
that he or she understands that the Optionee may suffer adverse tax consequences as a result of the Optionee’s purchase or disposition of the Shares. The Optionee hereby represents that the Optionee has consulted with any tax consultants the
Optionee deems advisable in connection with the purchase or disposition of the Shares and that the Optionee is not relying on the Company for any tax advice. 
 7.        Restrictions on Transfer. 
 (a)        Legends.    The Optionee hereby acknowledges, understands and agrees that the Company may cause the legends set forth below or
legends substantially equivalent thereto, to be placed upon any certificate(s) evidencing ownership of the Shares together with any other legends that may be required by the Company or by state or U.S. Federal securities laws or other Applicable
Law: 
 THE SECURITIES REPRESENTED HEREBY HAVE NOT BEEN REGISTERED UNDER THE SECURITIES ACT OF 1933, AS
AMENDED, (THE “ACT”) OR QUALIFIED OR REGISTERED UNDER STATE 

  
 -3-

 
SECURITIES OR BLUE SKY LAWS. THESE SECURITIES HAVE BEEN ACQUIRED FOR INVESTMENT AND NOT WITH A VIEW TO DISTRIBUTION, AND NEITHER THESE SECURITIES NOR ANY INTEREST OR PARTICIPATION THEREIN MAY BE
SOLD, OFFERED FOR SALE, PLEDGED, HYPOTHECATED OR OTHERWISE TRANSFERRED OR DISPOSED OF EXCEPT IN COMPLIANCE WITH THE ACT, APPLICABLE STATE SECURITIES OR BLUE SKY LAWS AND THE APPLICABLE RULES AND REGULATIONS THEREUNDER. THE ISSUER OF THESE SECURITIES
MAY REQUIRE AN OPINION OF COUNSEL IN FORM AND SUBSTANCE SATISFACTORY TO THE ISSUER TO THE EFFECT THAT ANY PROPOSED TRANSFER OR RESALE IS IN COMPLIANCE WITH THE ACT AND ANY APPLICABLE STATE SECURITIES LAWS. 

THE SHARES REPRESENTED BY THIS CERTIFICATE ARE SUBJECT TO CERTAIN RESTRICTIONS ON TRANSFER AND A RIGHT OF FIRST REFUSAL
HELD BY THE ISSUER OR ITS ASSIGNEE(S) AS SET FORTH IN THE EXERCISE NOTICE BETWEEN THE ISSUER AND THE ORIGINAL HOLDER OF THESE SHARES, A COPY OF WHICH MAY BE OBTAINED AT THE PRINCIPAL OFFICE OF THE ISSUER. SUCH TRANSFER RESTRICTIONS AND RIGHT OF
FIRST REFUSAL ARE BINDING ON TRANSFEREES OF THESE SHARES. 
 THE SHARES REPRESENTED BY THIS CERTIFICATE ARE
SUBJECT TO RESTRICTIONS ON TRANSFER FOR A PERIOD NOT TO EXCEED 180 DAYS FOLLOWING THE EFFECTIVE DATE OF THE UNDERWRITTEN PUBLIC OFFERING OF THE COMPANY’S SECURITIES AND MAY NOT BE SOLD OR OTHERWISE DISPOSED OF BY THE HOLDER WITHOUT THE CONSENT
OF THE COMPANY OR THE MANAGING UNDERWRITER. 

(b)        Stop-Transfer Notices.  The Optionee agrees that, in
order to ensure compliance with the restrictions referred to herein, the Company may issue appropriate “stop transfer” instructions to its transfer agent, if any, and that, if the Company transfers its own securities, it may make
appropriate notations to the same effect in its own records. 

(c)        Rights of the Company.  The Company shall not
(i) record on its books the transfer of any Shares that have been sold or transferred in contravention of this Exercise Notice or (ii) treat as the owner of Shares, or otherwise to accord voting, dividend or liquidation rights to, any
transferee to whom Shares have been transferred in contravention of this Exercise Notice. Any Transfer of Shares not made in conformance with this Exercise Notice shall be null and void and shall not be recognized by the Company. 

(d)        Removal of Legends.  If, in the opinion of the
Company and its counsel, any legend placed on a certificate of shares representing Shares sold under this Exercise Notice is no longer required, the holder of the certificate shall be entitled to exchange the certificate for a certificate
representing the same number of Shares but without such legend. 

  
 -4-

 8.        Successors and
Assigns.  The Company may assign any of its rights under this Exercise Notice to single or multiple assignees, and the terms and conditions of this Exercise Notice shall inure to the benefit of the successors and assigns of the
Company. Subject to the restrictions on transfer herein set forth, the terms and conditions of this Exercise Notice shall be binding upon the Optionee and his or her heirs, executors, administrators, successors and assigns. 

9.        Interpretation.  Any dispute regarding the
interpretation of this Exercise Notice shall be submitted by the Optionee or by the Company forthwith to the Administrator, which shall review such dispute at its next regular meeting. The resolution of such a dispute by the Administrator shall be
final and binding on all parties. 
 10.      Governing Law;
Severability.    This Exercise Notice is governed by the laws of the State of California applicable to contracts executed in and to be performed in that State without giving effect to its choice of law rules. 

11.      Entire Agreement.    The Plan and Option Agreement are
incorporated herein by reference. This Exercise Notice, the Plan, the Option Agreement, the Escrow Provisions, and the Investment Representation Statement constitute the entire agreement of the parties with respect to the subject matter hereof and
supersede in their entirety all prior undertakings and agreements of the Company and the Optionee with respect to the subject matter hereof, and may not be modified adversely to the Optionee’s interest except by means of a writing signed by the
Company and the Optionee. 
 o O o 

  
 -5-

 IN WITNESS WHEREOF, this Exercise Notice is deemed made as of the date first
set forth above. 
  

					
	Submitted by:	 		 	Accepted by:
			
	OPTIONEE	 		 	 BCD SEMICONDUCTOR

MANUFACTURING LIMITED

			
	  
	 		 	  

	Signature	 		 	By
			
	  
	 		 	  

	Print Name	 		 	Print Name
			
		 		 	  

			
	Address:	 		 	Address:
			
	  
	 		 	  

			
	  
	 		 	  

			
		 		 	  

		 		 	Date Received

 SIGNATURE PAGE TO
EXERCISE NOTICE 

 EXHIBIT D 

INVESTMENT REPRESENTATION STATEMENT 
  

					
	OPTIONEE:	    	  
	  	
		
	COMPANY:	    	BCD SEMICONDUCTOR MANUFACTURING LIMITED
		
	SECURITIES:	    	ORDINARY SHARES
			
	AMOUNT:	    	  
	  	
			
	DATE:	    	  
	  	

 In connection with the purchase of the above-listed Securities, the Optionee
represents to the Company the following: 
 (a)        The Optionee
hereby acknowledges that the Optionee is aware of the Company’s business affairs and financial condition and has acquired sufficient information about the Company to reach an informed and knowledgeable decision to acquire the Securities. The
Optionee is acquiring these Securities for investment for the Optionee’s own account only and not with a view to, or for resale in connection with, any “distribution” thereof within the meaning of the Securities Act of 1933, as
amended (the “Securities Act”). 
 (b)        The
Optionee hereby acknowledges and understands that the Securities constitute “restricted securities” under the Securities Act and have not been registered under the Securities Act in reliance upon a specific exemption therefrom, which
exemption depends upon, among other things, the bona fide nature of the Optionee’s investment intent as expressed herein. In this connection, the Optionee understands that, in the view of the Securities and Exchange Commission, the statutory
basis for such exemption may be unavailable if the Optionee’s representation was predicated solely upon a present intention to hold these Securities for the minimum capital gains period specified under tax statutes, for a deferred sale, for or
until an increase or decrease in the market price of the Securities, or for a period of one year or any other fixed period in the future. The Optionee further understands that the Securities must be held indefinitely unless they are subsequently
registered under the Securities Act or an exemption from such registration is available. The Optionee further acknowledges and understands that the Company is under no obligation to register the Securities. The Optionee understands that the
certificate evidencing the Securities will be imprinted with a legend that prohibits the transfer of the Securities unless they are registered or such registration is not required in the opinion of counsel satisfactory to the Company, and with any
other legend required under applicable state securities laws. 

(c)        The Optionee hereby acknowledges that the Optionee is familiar with
the provisions of Rule 701 and Rule 144, each promulgated under the Securities Act, which, in substance, permit limited public resale of “restricted securities” acquired, directly or indirectly from the issuer thereof, in a
non-public offering subject to the satisfaction of certain conditions. Rule 701 provides that if the issuer qualifies under Rule 701 at the time of the grant of the Option to Optionee, the exercise shall be exempt from registration under
the Securities Act. In the event the Company becomes subject to the reporting requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), ninety (90) days

 
thereafter (or such longer period as any market stand-off agreement may require) the Securities exempt under Rule 701 may be resold, subject to the satisfaction of the applicable conditions
specified by Rule 144, including in the case of affiliates (1) the availability of certain public information about the Company, (2) the amount of Securities being sold during any three (3) month period not exceeding specified
limitations, (3) the resale being made in an unsolicited “broker’s transaction”, transactions directly with a “market maker” or “riskless principal transactions” (as those terms are defined under the Exchange
Act) and (4) the timely filing of a Form 144, if applicable. 
 In the event that the Company does not
qualify under Rule 701 at the time of grant of the Option, then the Securities may be resold in certain limited circumstances subject to the provisions of Rule 144, which may require (i) the availability of current public information
about the Company; (ii) the resale to occur more than a specified period after the purchase and full payment (within the meaning of Rule 144) for the Securities; and (iii) in the case of the sale of Securities by an affiliate, the
satisfaction of the conditions set forth in sections (2), (3) and (4) of the paragraph immediately above. 
 (d)        The Optionee further understands that in the event all of the applicable requirements of Rule 701 or 144 are not satisfied, registration under the
Securities Act, compliance with Regulation A, or some other registration exemption will be required; and that, notwithstanding the fact that Rules 144 and 701 are not exclusive, the Staff of the Securities and Exchange Commission has expressed its
opinion that persons proposing to sell private placement securities other than in a registered offering and otherwise than pursuant to Rules 144 or 701 will have a substantial burden of proof in establishing that an exemption from registration is
available for such offers or sales, and that such persons and their respective brokers who participate in such transactions do so at their own risk. The Optionee understands that no assurances can be given that any such other registration exemption
will be available in such event. 
 (e)        The Optionee hereby
acknowledges that the Optionee is aware of the relevant requirements under the laws of the People’s Republic of China regarding overseas investment, including the requirements for approval and registration with competent authorities. The
Optionee is acquiring these Securities after obtaining requisite approval or registration from competent authorities of the People’s Republic of China. Failure to obtain requisite approval or registration shall relieve the Company, and any
Parent or Subsidiary, of any liability in respect of the failure to issue these Securities. If the failure is revealed or occurs after the issuance of these Securities, the Company shall be entitled, at its sole discretion, to redeem or request the
Optionee to transfer these Securities to a transferee who is legally entitled to hold the Securities. Unless otherwise determined by the Administrator, the redemption price shall be the Exercise Price paid by the Optionee for the Securities. The
Company, its Parent and any Subsidiary shall be relieved from any liability for any redemption or request for transfer made pursuant to the foregoing. 

 

					
	Signature of the Optionee:
		
	  
	 	
	Date:	 	  

  
 -2-2010 Equity Incentive Plan

 Exhibit 10.2 
 BCD SEMICONDUCTOR MANUFACTURING LIMITED 
 2010 EQUITY INCENTIVE PLAN

 1.        Purposes of the Plan. The purposes of this Plan
are: 
  

	 	 •
	 	 to attract and retain the best available personnel for positions of substantial responsibility, 

 

	 	 •
	 	 to provide additional incentive to Employees, Directors and Consultants, and 

 

	 	 •
	 	 to promote the success of the Company’s business. 

The Plan permits the grant of Incentive Stock Options, Nonstatutory Stock Options, Restricted Shares, Restricted Share
Units, Share Appreciation Rights, Performance Units and Performance Shares. 

2.        Definitions. As used herein, the following definitions will
apply: 
 (a)        “Administrator” means the Board
or any of its Committees as will be administering the Plan, in accordance with Section 4 of the Plan. 

(b)        “ADS” means an American Depository Share
corresponding to a Share or Shares, as applicable. 

(c)        “Applicable Laws” means the requirements relating to
the administration of equity-based awards under U.S. state corporate laws, U.S. federal and state securities laws, the Code, any stock exchange or quotation system on which the Plan Shares are listed or quoted and the applicable laws of any foreign
country or jurisdiction where Awards are, or will be, granted under the Plan. 

(d)        “Award” means, individually or collectively, a grant
under the Plan of Options, Share Appreciation Rights, Restricted Shares, Restricted Share Units, Performance Units or Performance Shares. 
 (e)        “Award Agreement” means the written or electronic agreement setting forth the terms and provisions applicable to each Award granted
under the Plan. The Award Agreement is subject to the terms and conditions of the Plan. 

(f)        “Board” means the Board of Directors of the Company.

 (g)        “Change in Control” means the occurrence
of any of the following events: 
 (i)        A change in the ownership
of the Company which occurs on the date that any one person, or more than one person acting as a group (“Person”), acquires ownership of the shares of the Company that, together with the shares held by such Person, constitutes more
than fifty 

 
percent (50%) of the total voting power of the shares of the Company; provided, however, that for purposes of this subsection (i), the acquisition of additional shares by any one Person, who
is considered to own more than fifty percent (50%) of the total voting power of the shares of the Company will not be considered a Change in Control; or 
 (ii)        A change in the effective control of the Company which occurs on the date that a majority of members of the Board is replaced during any twelve
(12) month period by Directors whose appointment or election is not endorsed by a majority of the members of the Board prior to the date of the appointment or election. For purposes of this clause (ii), if any Person is considered to be in
effective control of the Company, the acquisition of additional control of the Company by the same Person will not be considered a Change in Control; or 
 (iii)        A change in the ownership of a substantial portion of the Company’s assets which occurs on the date that any Person acquires (or has acquired
during the twelve (12) month period ending on the date of the most recent acquisition by such person or persons) assets from the Company that have a total gross fair market value equal to or more than fifty percent (50%) of the total gross
fair market value of all of the assets of the Company immediately prior to such acquisition or acquisitions; provided, however, that for purposes of this subsection (iii), the following will not constitute a change in the ownership of a substantial
portion of the Company’s assets: (A) a transfer to an entity that is controlled by the Company’s shareholders immediately after the transfer, or (B) a transfer of assets by the Company to: (1) a shareholder of the Company
(immediately before the asset transfer) in exchange for or with respect to the Company’s shares, (2) an entity, fifty percent (50%) or more of the total value or voting power of which is owned, directly or indirectly, by the Company,
(3) a Person, that owns, directly or indirectly, fifty percent (50%) or more of the total value or voting power of all the outstanding shares of the Company, or (4) an entity, at least fifty percent (50%) of the total value or
voting power of which is owned, directly or indirectly, by a Person described in this subsection (iii)(B)(3). For purposes of this subsection (iii), gross fair market value means the value of the assets of the Company, or the value of the assets
being disposed of, determined without regard to any liabilities associated with such assets. 
 For purposes of
this Section 2(g), persons will be considered to be acting as a group if they are owners of a corporation that enters into a merger, consolidation, purchase or acquisition of shares, or similar business transaction with the Company. 

(h)        “Code” means the Internal Revenue Code of 1986, as
amended. Any reference to a section of the Code herein will be a reference to any successor or amended section of the Code. 
 (i)        “Committee” means a committee of Directors or of other individuals satisfying Applicable Laws appointed by the Board in accordance with
Section 4 hereof. 
 (j)        “Company” means
BCD Semiconductor Manufacturing Limited, a Cayman Islands corporation, or any successor thereto. 

(k)        “Consultant” means any person, including an advisor,
engaged by the Company or a Parent or Subsidiary to render services to such entity. 

(l)        “Director” means a member of the Board. 

  
 -2-

 (m)       “Disability”
means total and permanent disability as defined in Section 22(e)(3) of the Code, provided that in the case of Awards other than Incentive Stock Options, the Administrator in its discretion may determine whether a permanent and total disability
exists in accordance with uniform and non-discriminatory standards adopted by the Administrator from time to time. 
 (n)        “Employee” means any person, including Officers and Directors, employed by the Company or any Parent or Subsidiary of the Company.
Neither service as a Director nor payment of a director’s fee by the Company will be sufficient to constitute “employment” by the Company. 
 (o)        “Exchange Act” means the Securities Exchange Act of 1934, as amended. 

(p)        “Exchange Program” means a program under which
(i) outstanding Awards are surrendered or cancelled in exchange for Awards of the same type (which may have higher or lower exercise prices and different terms), Awards of a different type, and/or cash, (ii) Participants would have the
opportunity to transfer any outstanding Awards to a financial institution or other person or entity selected by the Administrator, and/or (iii) the exercise price of an outstanding Award is increased or reduced. The Administrator will determine
the terms and conditions of any Exchange Program in its sole discretion. 

(q)        “Fair Market Value” means, as of any date, the value
of Plan Shares as the Administrator may determine in good faith by reference to the price of such shares on any established stock exchange or a national market system on the day of determination if the Plan Shares are so listed on any established
stock exchange or a national market system. If the Plan Shares are not listed on any established stock exchange or a national market system, the value of Plan Shares will be as the Administrator may determine in good faith. 

(r)        “Fiscal Year” means the fiscal year of the Company.

 (s)        “Incentive Stock Option” means an Option
intended to qualify as an incentive stock option within the meaning of Section 422 of the Code and the regulations promulgated thereunder. 
 (t)        “Inside Director” means a Director who is an Employee. 

(u)        “Nonstatutory Stock Option” means an Option that by
its terms does not qualify or is not intended to qualify as an Incentive Stock Option. 

(v)        “Officer” means a person who is an officer of the
Company within the meaning of Section 16 of the Exchange Act and the rules and regulations promulgated thereunder. 
 (w)       “Option” means a stock option granted pursuant to the Plan. 

(x)        “Ordinary Share” means an ordinary share of the
Company. 
 (y)        “Outside Director” means a
Director who is not an Employee. 

  
 -3-

(z)        “Parent” means a “parent corporation,”
whether now or hereafter existing, as defined in Section 424(e) of the Code. 

(aa)       “Participant” means the holder of an outstanding Award.

 (bb)       “Performance Share” means an Award
denominated in Plan Shares which may be earned in whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine pursuant to Section 10. 

(cc)       “Performance Unit” means an Award which may be earned in
whole or in part upon attainment of performance goals or other vesting criteria as the Administrator may determine and which may be settled for cash, Plan Shares or other securities or a combination of the foregoing pursuant to Section 10.

 (dd)       “Period of Restriction” means the period
during which the transfer of Restricted Shares are subject to restrictions and therefore, the Shares are subject to a substantial risk of forfeiture. Such restrictions may be based on the passage of time, the achievement of target levels of
performance, or the occurrence of other events as determined by the Administrator. 

(ee)        “Plan” means this 2010 Equity Incentive Plan.

 (ff)        “Plan Shares” means, as applicable,
Ordinary Shares or ADSs. 
 (gg)       “Registration Date”
means the effective date of the first registration statement that is filed by the Company and declared effective pursuant to Section 12(g) of the Exchange Act, with respect to any class of the Company’s securities. 

(hh)       “Restricted Share” means a Plan Share issued pursuant to
a Restricted Share award under Section 7 of the Plan, or issued pursuant to the early exercise of an Option. 
 (ii)        “Restricted Share Unit” means a bookkeeping entry representing an amount equal to the Fair Market Value of one Plan Share, granted
pursuant to Section 8. Each Restricted Share Unit represents an unfunded and unsecured obligation of the Company. 
 (jj)        “Rule 16b-3” means Rule 16b-3 of the Exchange Act or any successor to Rule 16b-3, as in effect when discretion is being exercised with
respect to the Plan. 
 (kk)      “Section 16(b)” means
Section 16(b) of the Exchange Act. 
 (ll)        “Service
Provider” means an Employee, Director or Consultant. 

(mm)     “Share” means an Ordinary Share, as adjusted in accordance with
Section 13 of the Plan. 
 (nn)       “Share Appreciation
Right” means an Award, granted alone or in connection with an Option, that pursuant to Section 9 is designated as a Share Appreciation Right. 

  
 -4-

(oo)        “Subsidiary” means a “subsidiary
corporation”, whether now or hereafter existing, as defined in Section 424(f) of the Code. 

3.        Shares Subject to the Plan. 

(a)        Shares Subject to the Plan. Subject to the
provisions of Section 13 of the Plan, the maximum aggregate number of Shares that may be issued under the Plan is 10% of the outstanding Shares post-IPO, not to exceed 15 million Shares, plus (i) any Shares that, as of the Registration
Date, have been reserved but not issued pursuant to any awards granted under the Company’s 2002 Share Plan (the “2002 Plan”) and are not subject to any awards granted thereunder, and (ii) any Shares subject to stock
options or similar awards granted under the 2002 Plan that expire or otherwise terminate without having been exercised in full and Shares issued pursuant to awards granted under the 2002 Plan that are forfeited to or repurchased by the Company, with
the maximum number of Shares to be added to the Plan pursuant to clauses (i) and (ii) equal to 18,614,725 Shares. The Shares may be authorized, but unissued, or reacquired Shares. 

(b)        Automatic Share Reserve Increase. The number of Shares
available for issuance under the Plan will be increased on the first day of each Fiscal Year beginning with the 2011 Fiscal Year, in an amount equal to the least of (i) 10,000,000 Shares, (ii) four percent (4%) of the outstanding Shares on
the last day of the immediately preceding Fiscal Year or (iii) such number of Shares determined by the Board. 
 (c)        Lapsed Awards. If an Award expires or becomes unexercisable without having been exercised in full, is surrendered pursuant to an Exchange Program,
or, with respect to Restricted Shares, Restricted Share Units, Performance Units or Performance Shares, is forfeited to or repurchased by the Company due to failure to vest, the unpurchased Shares (or for Awards other than Options or Share
Appreciation Rights, the forfeited or repurchased Shares) which were subject thereto will become available for future grant or sale under the Plan (unless the Plan has terminated). With respect to Share Appreciation Rights, only Shares actually
issued (i.e., the net Shares issued) pursuant to a Share Appreciation Right will cease to be available under the Plan; all remaining Shares under Share Appreciation Rights will remain available for future grant or sale under the Plan (unless the
Plan has terminated). Shares that have actually been issued under the Plan under any Award will not be returned to the Plan and will not become available for future distribution under the Plan; provided, however, that if Shares issued pursuant to
Awards of Restricted Shares, Restricted Share Units, Performance Shares or Performance Units are repurchased by the Company or are forfeited to the Company, such Shares will become available for future grant under the Plan. Shares used to pay the
exercise price of an Award or to satisfy the tax withholding obligations related to an Award will become available for future grant or sale under the Plan. To the extent an Award under the Plan is paid out in cash rather than Shares, such cash
payment will not result in reducing the number of Shares available for issuance under the Plan. Notwithstanding the foregoing and, subject to adjustment as provided in Section 13, the maximum number of Shares that may be issued upon the
exercise of Incentive Stock Options will equal the aggregate Share number stated in Section 3(a), plus, to the extent allowable under Section 422 of the Code and the Treasury Regulations promulgated thereunder, any Shares that become
available for issuance under the Plan pursuant to Sections 3(b) and 3(c). 

  
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 (d)        Share Reserve.
The Company, during the term of this Plan, will at all times reserve and keep available such number of Shares as will be sufficient to satisfy the requirements of the Plan. 

(e)        Application to ADSs. For purposes of calculating the number of
Shares issued under this Plan (and for purposes of calculating any other Share limit set forth herein), the issuance of an ADS shall be deemed to equal one Share, provided, however, that if the number of Shares represented by an ADS is other than on
a one-to-one basis, the number of Shares issued under this Plan (and any other Share limit set forth herein) shall be adjusted to reflect such issuance of ADSs. 

4.        Administration of the Plan. 

(a)        Procedure. 

(i)        Multiple Administrative Bodies. Different Committees with
respect to different groups of Service Providers may administer the Plan. 

(ii)        Section 162(m). To the extent that the Administrator
determines it to be desirable to qualify Awards granted hereunder as “performance-based compensation” within the meaning of Section 162(m) of the Code, the Plan will be administered by a Committee of two (2) or more “outside
directors” within the meaning of Section 162(m) of the Code. 

(iii)        Rule 16b-3. To the extent desirable to qualify transactions
hereunder as exempt under Rule 16b-3, the transactions contemplated hereunder will be structured to satisfy the requirements for exemption under Rule 16b-3. 
 (iv)        Other Administration. Other than as provided above, the Plan will be administered by (A) the Board or (B) a Committee, which committee
will be constituted to satisfy Applicable Laws. 
 (b)        Powers
of the Administrator. Subject to the provisions of the Plan, and in the case of a Committee, subject to the specific duties delegated by the Board to such Committee, the Administrator will have the authority, in its discretion: 

(i)        to determine the Fair Market Value; 

(ii)        to select the Service Providers to whom Awards may be granted
hereunder; 
 (iii)       to determine the number of Plan Shares to be
covered by each Award granted hereunder; 
 (iv)       to approve forms of
Award Agreements for use under the Plan; 
 (v)        to determine the
terms and conditions, not inconsistent with the terms of the Plan, of any Award granted hereunder. Such terms and conditions include, but are not limited to, the exercise price, the time or times when Awards may be exercised (which may be based on

  
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performance criteria), any vesting acceleration or waiver of forfeiture restrictions, and any restriction or limitation regarding any Award or the Plan Shares relating thereto, based in each case
on such factors as the Administrator will determine; 
 (vi)       to
determine the terms and conditions of any, and to institute any Exchange Program; 

(vii)     to construe and interpret the terms of the Plan and Awards granted pursuant to the Plan;

 (viii)     to prescribe, amend and rescind rules and regulations relating to the
Plan, including rules and regulations relating to sub-plans established for the purpose of satisfying applicable foreign laws or for qualifying for favorable tax treatment under applicable foreign laws; 

(ix)       to modify or amend each Award (subject to Section 18 of the Plan),
including but not limited to the discretionary authority to extend the post-termination exercisability period of Awards and to extend the maximum term of an Option (subject to Section 6(b) of the Plan regarding Incentive Stock Options);

 (x)       to allow Participants to satisfy withholding tax obligations in
such manner as prescribed in Section 14; 
 (xi)       to authorize any
person to execute on behalf of the Company any instrument required to effect the grant of an Award previously granted by the Administrator; 
 (xii)      to allow a Participant to defer the receipt of the payment of cash or the delivery of Plan Shares that would otherwise be due to such Participant under an Award;
and 
 (xiii)     to make all other determinations deemed necessary or advisable for
administering the Plan. 
 (c)       Effect of Administrator’s
Decision. The Administrator’s decisions, determinations and interpretations will be final and binding on all Participants and any other holders of Awards. 

5.        Eligibility. Nonstatutory Stock Options, Share Appreciation
Rights, Restricted Shares, Restricted Share Units, Performance Shares and Performance Units may be granted to Service Providers. Incentive Stock Options may be granted only to Employees. 

6.        Stock Options. 

(a)        Limitations. Each Option will be designated in the Award
Agreement as either an Incentive Stock Option or a Nonstatutory Stock Option. However, notwithstanding such designation, to the extent that the aggregate Fair Market Value of the Plan Shares with respect to which Incentive Stock Options are
exercisable for the first time by the Participant during any calendar year (under all plans of the Company and any Parent or Subsidiary) exceeds one hundred thousand dollars ($100,000), such Options will be treated as Nonstatutory Stock Options. For
purposes of this Section 6(a), Incentive Stock Options will be taken into account in the order in 

  
 -7-

 
which they were granted. The Fair Market Value of the Plan Shares will be determined as of the time the Option with respect to such Plan Shares is granted. 

(b)        Term of Option. The term of each Option will be stated in the
Award Agreement. In the case of an Incentive Stock Option, the term will be ten (10) years from the date of grant or such shorter term as may be provided in the Award Agreement. Moreover, in the case of an Incentive Stock Option granted to a
Participant who, at the time the Incentive Stock Option is granted, owns Shares representing more than ten percent (10%) of the total combined voting power of all classes of Shares of the Company or any Parent or Subsidiary, the term of the
Incentive Stock Option will be five (5) years from the date of grant or such shorter term as may be provided in the Award Agreement. 
 (c)        Option Exercise Price and Consideration. 
 (i)        Exercise Price. The per share or per ADS exercise price for the Plan Shares to be issued pursuant to exercise of an Option will be determined by
the Administrator, subject to the following: 
 (1)        In the case
of an Incentive Stock Option 
 (A)        granted to an Employee who,
at the time the Incentive Stock Option is granted, owns Shares representing more than ten percent (10%) of the voting power of all classes of Shares of the Company or any Parent or Subsidiary, the per Plan Share exercise price will be no less
than one hundred ten percent (110%) of the Fair Market Value per Plan Share on the date of grant. 

(B)        granted to any Employee other than an Employee described in paragraph
(A) immediately above, the per Plan Share exercise price will be no less than one hundred percent (100%) of the Fair Market Value per Plan Share on the date of grant. 

(2)        In the case of a Nonstatutory Stock Option, the per Plan Share
exercise price will be no less than one hundred percent (100%) of the Fair Market Value per Plan Share on the date of grant. 
 (3)        Notwithstanding the foregoing, Options may be granted with a per Plan Share exercise price of less than one hundred percent (100%) of the Fair
Market Value per Plan Share on the date of grant pursuant to a transaction described in, and in a manner consistent with, Section 424(a) of the Code. 
 (ii)        Waiting Period and Exercise Dates. At the time an Option is granted, the Administrator will fix the period within which the Option may be
exercised and will determine any conditions that must be satisfied before the Option may be exercised. 

(iii)        Form of Consideration. The Administrator will determine the
acceptable form of consideration for exercising an Option, including the method of payment. In the case of an Incentive Stock Option, the Administrator will determine the acceptable form of consideration at the time of grant. Such consideration may
consist entirely of: (1) cash; (2) check; (3) promissory note, to the extent permitted by Applicable Laws, (4) other Shares, provided that such 

  
 -8-

 
Shares have a Fair Market Value on the date of surrender equal to the aggregate exercise price of the Plan Shares as to which such Option will be exercised and provided that accepting such Shares
will not result in any adverse accounting consequences to the Company, as the Administrator determines in its sole discretion; (5) consideration received by the Company under a broker-assisted (or other) cashless exercise program (whether
through a broker or otherwise) implemented by the Company in connection with the Plan; (6) by net exercise; (7) such other consideration and method of payment for the issuance of Plan Shares to the extent permitted by Applicable Laws; or
(8) any combination of the foregoing methods of payment. 

(d)        Exercise of Option. 

(i)        Procedure for Exercise; Rights as a Shareholder. Any Option
granted hereunder will be exercisable according to the terms of the Plan and at such times and under such conditions as determined by the Administrator and set forth in the Award Agreement. An Option may not be exercised for a fraction of a Plan
Share. 
 An Option will be deemed exercised when the Company receives: (i) notice of exercise (in such
form as the Administrator will specify from time to time) from the person entitled to exercise the Option, and (ii) full payment for the Plan Shares with respect to which the Option is exercised (together with applicable withholding taxes).
Full payment may consist of any consideration and method of payment authorized by the Administrator and permitted by the Award Agreement and the Plan. Plan Shares issued upon exercise of an Option will be issued in the name of the Participant or, if
requested by the Participant, in the name of the Participant and his or her spouse. Until the Plan Shares are issued (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 shareholder will exist with respect to the Plan Shares subject to an Option, notwithstanding the exercise of the Option. The Company will issue (or cause to be issued) such Plan Shares promptly
after the Option is exercised. No adjustment will be made for a dividend or other right for which the record date is prior to the date the Plan Shares are issued, except as provided in Section 13 of the Plan. 

Exercising an Option in any manner will decrease the number of Shares thereafter available, both for purposes of the
Plan and for sale under the Option, by the number of Shares as to which the Option is exercised. 

(ii)        Termination of Relationship as a Service Provider. If a
Participant ceases to be a Service Provider, other than upon the Participant’s termination as the result of the Participant’s death or Disability, the Participant may exercise his or her Option within such period of time as is specified in
the Award Agreement to the extent that the Option is vested on the date of termination (but in no event later than the expiration of the term of such Option as set forth in the Award Agreement). In the absence of a specified time in the Award
Agreement, the Option will remain exercisable for three (3) months following the Participant’s termination. Unless otherwise provided by the Administrator, if on the date of termination the Participant is not vested as to his or her entire
Option, the Shares covered by the unvested portion of the Option will revert to the Plan. If after termination the Participant does not exercise his or her Option within the time specified by the Administrator, the Option will terminate, and the
Shares covered by such Option will revert to the Plan. 

  
 -9-

 (iii)        Disability of
Participant. If a Participant ceases to be a Service Provider as a result of the Participant’s Disability, the Participant may exercise his or her Option within such period of time as is specified in the Award Agreement to the extent the
Option is vested on the date of termination (but in no event later than the expiration of the term of such Option as set forth in the Award Agreement). In the absence of a specified time in the Award Agreement, the Option will remain exercisable for
twelve (12) months following the Participant’s termination. Unless otherwise provided by the Administrator, if on the date of termination the Participant is not vested as to his or her entire Option, the Shares covered by the unvested
portion of the Option will revert to the Plan. If after termination the Participant does not exercise his or her Option within the time specified herein, the Option will terminate, and the Shares covered by such Option will revert to the Plan.

 (iv)        Death of Participant. If a Participant dies while
a Service Provider, the Option may be exercised following the Participant’s death within such period of time as is specified in the Award Agreement to the extent that the Option is vested on the date of death (but in no event may the option be
exercised later than the expiration of the term of such Option as set forth in the Award Agreement), by the Participant’s designated beneficiary, provided such beneficiary has been designated prior to Participant’s death in a form
acceptable to the Administrator. If no such beneficiary has been designated by the Participant, then such Option may be exercised by the personal representative of the Participant’s estate or by the person(s) to whom the Option is transferred
pursuant to the Participant’s will or in accordance with the laws of descent and distribution. In the absence of a specified time in the Award Agreement, the Option will remain exercisable for twelve (12) months following
Participant’s death. Unless otherwise provided by the Administrator, if at the time of death Participant is not vested as to his or her entire Option, the Shares covered by the unvested portion of the Option will immediately revert to the Plan.
If the Option is not so exercised within the time specified herein, the Option will terminate, and the Shares covered by such Option will revert to the Plan. 
 7.        Restricted Shares. 
 (a)        Grant of Restricted Shares.    Subject to the terms and provisions of the Plan, the Administrator, at any time and from time
to time, may grant Restricted Shares to Service Providers in such amounts as the Administrator, in its sole discretion, will determine. 
 (b)        Restricted Share Agreement.    Each Award of Restricted Shares will be evidenced by an Award Agreement that will specify the
Period of Restriction, the number of Plan Shares granted, and such other terms and conditions as the Administrator, in its sole discretion, will determine. Unless the Administrator determines otherwise, the Company as escrow agent will hold
Restricted Shares until the restrictions on such Plan Shares have lapsed. 

(c)        Transferability.    Except as provided in
this Section 7 or the Award Agreement, Restricted Shares may not be sold, transferred, pledged, assigned, or otherwise alienated or hypothecated until the end of the applicable Period of Restriction. 

(d)        Other Restrictions.    The Administrator,
in its sole discretion, may impose such other restrictions on Restricted Shares as it may deem advisable or appropriate. 

  
 -10-

 (e)        Removal of
Restrictions. Except as otherwise provided in this Section 7, Restricted Shares covered by each Restricted Share grant made under the Plan will be released from escrow as soon as practicable after the last day of the Period of Restriction
or at such other time as the Administrator may determine. The Administrator, in its discretion, may accelerate the time at which any restrictions will lapse or be removed. 

(f)        Voting Rights. During the Period of Restriction, Service
Providers holding Restricted Shares granted hereunder may exercise full voting rights with respect to those Plan Shares, unless the Administrator determines otherwise. 

(g)        Dividends and Other Distributions. During the Period of
Restriction, Service Providers holding Restricted Shares will be entitled to receive all dividends and other distributions paid with respect to such Plan Shares, unless the Administrator provides otherwise. If any such dividends or distributions are
paid in Plan Shares, the Plan Shares will be subject to the same restrictions on transferability and forfeitability as the Restricted Shares with respect to which they were paid. 

(h)        Return of Restricted Shares to Company. On the date set forth
in the Award Agreement, the Restricted Shares for which restrictions have not lapsed will revert to the Company and again will become available for grant under the Plan. 

8.        Restricted Share Units. 

(a)        Grant. Restricted Share Units may be granted at any time and
from time to time as determined by the Administrator. After the Administrator determines that it will grant Restricted Share Units under the Plan, it will advise the Participant in an Award Agreement of the terms, conditions, and restrictions
related to the grant, including the number of Restricted Share Units. 

(b)        Vesting Criteria and Other Terms. The Administrator will set
vesting criteria in its discretion, which, depending on the extent to which the criteria are met, will determine the number of Restricted Share Units that will be paid out to the Participant. The Administrator may set vesting criteria based upon the
achievement of Company-wide, business unit, or individual goals (including, but not limited to, continued employment), or any other basis determined by the Administrator in its discretion. 

(c)        Earning Restricted Share Units. Upon meeting the applicable
vesting criteria, the Participant will be entitled to receive a payout as determined by the Administrator. Notwithstanding the foregoing, at any time after the grant of Restricted Share Units, the Administrator, in its sole discretion, may reduce or
waive any vesting criteria that must be met to receive a payout. 

(d)        Form and Timing of Payment. Payment of earned Restricted Share
Units will be made as soon as practicable after the date(s) determined by the Administrator and set forth in the Award Agreement. The Administrator, in its sole discretion, may only settle earned Restricted Share Units in cash, Plan Shares, or a
combination of both. 

  
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 (e)        Cancellation. On
the date set forth in the Award Agreement, all unearned Restricted Share Units will be forfeited to the Company. 
 9.        Share Appreciation Rights. 
 (a)        Grant of Share Appreciation Rights. Subject to the terms and conditions of the Plan, a Share Appreciation Right may be granted to Service
Providers at any time and from time to time as will be determined by the Administrator, in its sole discretion. 
 (b)        Number of Shares. The Administrator will have complete discretion to determine the number of Share Appreciation Rights granted to any Service
Provider. 
 (c)        Exercise Price and Other Terms. The per
Plan Share exercise price for the Plan Shares to be issued pursuant to exercise of a Share Appreciation Right will be determined by the Administrator and will be no less than one hundred percent (100%) of the Fair Market Value per Plan Share on
the date of grant. Otherwise, the Administrator, subject to the provisions of the Plan, will have complete discretion to determine the terms and conditions of Share Appreciation Rights granted under the Plan. 

(d)        Share Appreciation Right Agreement. Each Share Appreciation
Right grant will be evidenced by an Award Agreement that will specify the exercise price, the term of the Share Appreciation Right, the conditions of exercise, and such other terms and conditions as the Administrator, in its sole discretion, will
determine. 
 (e)        Expiration of Share Appreciation
Rights. A Share Appreciation Right granted under the Plan will expire upon the date determined by the Administrator, in its sole discretion, and set forth in the Award Agreement. Notwithstanding the foregoing, the rules of Section 6(b)
relating to the maximum term and Section 6(d) relating to exercise also will apply to Share Appreciation Rights. 
 (f)        Payment of Share Appreciation Right Amount. Upon exercise of a Share Appreciation Right, a Participant will be entitled to receive payment from
the Company in an amount determined by multiplying: 
 (i)        The
difference between the Fair Market Value of a Plan Share on the date of exercise over the exercise price; times 
 (ii)        The number of Plan Shares with respect to which the Share Appreciation Right is exercised. 

At the discretion of the Administrator, the payment upon Share Appreciation Right exercise may be in cash, in Plan Shares
of equivalent value, or in some combination thereof. 

10.        Performance Units and Performance Shares. 

(a)        Grant of Performance Units/Shares. Performance Units and
Performance Shares may be granted to Service Providers at any time and from time to time, as will be determined 

  
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by the Administrator, in its sole discretion. The Administrator will have complete discretion in determining the number of Performance Units and Performance Shares granted to each Participant.

 (b)        Value of Performance
Units/Shares.    Each Performance Unit will have an initial value that is established by the Administrator on or before the date of grant. Each Performance Share will have an initial value equal to the Fair Market Value of a
Plan Share on the date of grant. 
 (c)        Performance
Objectives and Other Terms.    The Administrator will set performance objectives or other vesting provisions (including, without limitation, continued status as a Service Provider) in its discretion which, depending on the
extent to which they are met, will determine the number or value of Performance Units/Shares that will be paid out to the Service Providers. The time period during which the performance objectives or other vesting provisions must be met will be
called the “Performance Period.” Each Award of Performance Units/Shares will be evidenced by an Award Agreement that will specify the Performance Period, and such other terms and conditions as the Administrator, in its sole discretion,
will determine. The Administrator may set performance objectives based upon the achievement of Company-wide, divisional, or individual goals, applicable federal or state securities laws, or any other basis determined by the Administrator in its
discretion. 
 (d)        Earning of Performance
Units/Shares.    After the applicable Performance Period has ended, the holder of Performance Units/Shares will be entitled to receive a payout of the number of Performance Units/Shares earned by the Participant over the
Performance Period, to be determined as a function of the extent to which the corresponding performance objectives or other vesting provisions have been achieved. After the grant of a Performance Unit/Share, the Administrator, in its sole
discretion, may reduce or waive any performance objectives or other vesting provisions for such Performance Unit/Share. 
 (e)        Form and Timing of Payment of Performance Units/Shares.    Payment of earned Performance Units/Shares will be made as soon as
practicable after the expiration of the applicable Performance Period. The Administrator, in its sole discretion, may pay earned Performance Units/Shares in the form of cash, in Plan Shares (which have an aggregate Fair Market Value equal to the
value of the earned Performance Units/Shares at the close of the applicable Performance Period) or in a combination thereof. 
 (f)        Cancellation of Performance Units/Shares. On the date set forth in the Award Agreement, all unearned or unvested Performance Units/Shares will be
forfeited to the Company, and again will be available for grant under the Plan. 

11.        Leaves of Absence/Transfer Between Locations. Unless the
Administrator provides otherwise, vesting of Awards granted hereunder will be suspended during any unpaid leave of absence. A Participant will not cease to be an Employee in the case of (i) any leave of absence approved by the Company or
(ii) transfers between locations of the Company or between the Company, its Parent, or any Subsidiary. For purposes of Incentive Stock Options, no such leave may exceed three (3) months, unless reemployment upon expiration of such leave is
guaranteed by statute or contract. If reemployment upon expiration of a leave of absence approved by the Company is not so guaranteed, then six (6) months following the first (1st) day of such leave any 

  
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Incentive Stock Option held by the Participant will cease to be treated as an Incentive Stock Option and will be treated for tax purposes as a Nonstatutory Stock Option. 

12.        Transferability of Awards.    Unless
determined otherwise by the Administrator, an Award may not be sold, pledged, assigned, hypothecated, transferred, or disposed of in any manner other than by will or by the laws of descent or distribution and may be exercised, during the lifetime of
the Participant, only by the Participant. If the Administrator makes an Award transferable, such Award will contain such additional terms and conditions as the Administrator deems appropriate. 

13.        Adjustments; Dissolution or Liquidation; Merger or Change in
Control. 
 (a)        Adjustments.    In
the event that any dividend or other distribution (whether in the form of cash, Plan Shares, other securities, or other property), recapitalization, share split, reverse share split, reorganization, merger, consolidation, split-up, spin-off,
combination, repurchase, or exchange of Plan Shares or other securities of the Company, or other change in the corporate structure of the Company affecting the Plan Shares occurs, the Administrator, in order to prevent diminution or enlargement of
the benefits or potential benefits intended to be made available under the Plan, will adjust the number and class of Plan Shares that may be delivered under the Plan and/or the number, class, and price of Plan Shares covered by each outstanding
Award and the numerical Share limits in Section 3 of the Plan. 

(b)        Dissolution or Liquidation.    In the
event of the proposed dissolution or liquidation of the Company, the Administrator will notify each Participant as soon as practicable prior to the effective date of such proposed transaction. To the extent it has not been previously exercised, an
Award will terminate immediately prior to the consummation of such proposed action. 

(c)        Change in Control.    In the event of a
merger or Change in Control, each outstanding Award will be treated as the Administrator determines, including, without limitation, that each Award be assumed or an equivalent option or right substituted by the successor corporation or a Parent or
Subsidiary of the successor corporation. The Administrator will not be required to treat all Awards similarly in the transaction. 
 In the event that the successor corporation does not assume or substitute for the Award, the Participant will fully vest in and have the right to exercise all of his or her outstanding Options and Share
Appreciation Rights, including as to Plan Shares as to which such Awards would not otherwise be vested or exercisable, all restrictions on Restricted Shares and Restricted Share Units will lapse, and, with respect to Awards with performance-based
vesting, all performance goals or other vesting criteria will be deemed achieved at one hundred percent (100%) of target levels and all other terms and conditions met. In addition, if an Option or Share Appreciation Right is not assumed or
substituted in the event of a Change in Control, the Administrator will notify the Participant in writing or electronically that the Option or Share Appreciation Right will be exercisable for a period of time determined by the Administrator in its
sole discretion, and the Option or Share Appreciation Right will terminate upon the expiration of such period. 

For the purposes of this subsection (c), an Award will be considered assumed if, following the Change in Control, the
Award confers the right to purchase or receive, for each Plan Share, subject to the Award immediately prior to the Change in Control, the consideration (whether 

  
 -14-

 
shares, cash, or other securities or property) received in the Change in Control by holders of Plan Shares for each Plan Share held on the effective date of the transaction (and if holders were
offered a choice of consideration, the type of consideration chosen by the holders of a majority of the outstanding Plan Shares); provided, however, that if such consideration received in the Change in Control is not solely ordinary shares of the
successor corporation or its Parent, the Administrator may, with the consent of the successor corporation, provide for the consideration to be received upon the exercise of an Option or Share Appreciation Right or upon the payout of a Restricted
Share Unit, Performance Unit or Performance Share, for each Plan Share subject to such Award, to be solely ordinary shares of the successor corporation or its Parent equal in fair market value to the per share consideration received by holders of
Plan Shares in the Change in Control. 
 Notwithstanding anything in this Section 13(c) to the contrary, an
Award that vests, is earned or paid-out upon the satisfaction of one or more performance goals will not be considered assumed if the Company or its successor modifies any of such performance goals without the Participant’s consent; provided,
however, a modification to such performance goals only to reflect the successor corporation’s post-Change in Control corporate structure will not be deemed to invalidate an otherwise valid Award assumption. 

14.        Tax. 

(a)        Withholding Requirements.    Prior to the
delivery of any Plan Shares or cash pursuant to an Award (or exercise thereof), the Company will have the power and the right to deduct or withhold, or require a Participant to remit to the Company, an amount sufficient to satisfy federal, state,
local, foreign or other taxes (including the Participant’s FICA obligation) required to be withheld with respect to such Award (or exercise thereof). 
 (b)        Withholding Arrangements.    The Administrator, in its sole discretion and pursuant to such procedures as it may specify from
time to time, may permit a Participant to satisfy such tax withholding obligation, in whole or in part by (without limitation) (i) paying cash, (ii) electing to have the Company withhold otherwise deliverable cash or Plan Shares having a
Fair Market Value equal to the minimum statutory amount required to be withheld, or (iii) delivering to the Company already-owned Plan Shares having a Fair Market Value equal to the minimum statutory amount required to be withheld. The Fair
Market Value of the Plan Shares to be withheld or delivered will be determined as of the date that the taxes are required to be withheld. 
 (c)        Compliance With Code Section 409A.    Awards will be designed and operated in such a manner that they are either exempt
from the application of, or comply with, the requirements of Code Section 409A such that the grant, payment, settlement or deferral will not be subject to the additional tax or interest applicable under Code Section 409A, except as
otherwise determined in the sole discretion of the Administrator. The Plan and each Award Agreement under the Plan is intended to meet the requirements of Code Section 409A and will be construed and interpreted in accordance with such
intent, except as otherwise determined in the sole discretion of the Administrator. To the extent that an Award or payment, or the settlement or deferral thereof, is subject to Code Section 409A the Award will be granted, paid, settled or
deferred in a manner that will meet the requirements of Code Section 409A, such that the grant, payment, settlement or deferral will not be subject to the additional tax or interest applicable under Code Section 409A. 

  
 -15-

 15.        No Effect on
Employment or Service. Neither the Plan nor any Award will confer upon a Participant any right with respect to continuing the Participant’s relationship as a Service Provider with the Company, nor will they interfere in any way with the
Participant’s right or the Company’s right to terminate such relationship at any time, with or without cause, to the extent permitted by Applicable Laws. 

16.        Date of Grant. The date of grant of an Award will be, for all
purposes, the date on which the Administrator makes the determination granting such Award, or such other later date as is determined by the Administrator. Notice of the determination will be provided to each Participant within a reasonable time
after the date of such grant. 
 17.        Term of
Plan.    Subject to Section 21 of the Plan, the Plan will become effective upon its adoption by the Board. It will continue in effect for a term of ten (10) years from the date adopted by the Board, unless
terminated earlier under Section 18 of the Plan. 

18.        Amendment and Termination of the Plan. 

(a)        Amendment and Termination. The Board may at any time amend,
alter, suspend or terminate the Plan. 
 (b)        Shareholder
Approval. The Company will obtain shareholder approval of any Plan amendment to the extent necessary and desirable to comply with Applicable Laws. 
 (c)        Effect of Amendment or Termination. No amendment, alteration, suspension or termination of the Plan will impair the rights of any Participant,
unless mutually agreed otherwise between the Participant and the Administrator, which agreement must be in writing and signed by the Participant and the Company. Termination of the Plan will not affect the Administrator’s ability to exercise
the powers granted to it hereunder with respect to Awards granted under the Plan prior to the date of such termination. 
 19.        Conditions Upon Issuance of Plan Shares. 
 (a)        Legal Compliance. Plan Shares will not be issued pursuant to the exercise of an Award unless the exercise of such Award and the issuance and
delivery of such Plan Shares will comply with Applicable Laws and will be further subject to the approval of counsel for the Company with respect to such compliance. 

(b)        Investment Representations. As a condition to the exercise of
an Award, the Company may require the person exercising such Award to represent and warrant at the time of any such exercise that the Plan Shares are being purchased only for investment and without any present intention to sell or distribute such
Plan Shares if, in the opinion of counsel for the Company, such a representation is required. 

20.        Inability to Obtain Authority. The inability of the Company to
obtain authority from any regulatory body having jurisdiction, which authority is deemed by the Company’s counsel to be necessary to the lawful issuance and sale of any Plan Shares hereunder, will relieve the Company of any liability in respect
of the failure to issue or sell such Plan Shares as to which such requisite authority will not have been obtained. 

  
 -16-

 21.        Shareholder
Approval. The Plan will be subject to approval by the shareholders of the Company within twelve (12) months after the date the Plan is adopted by the Board. Such shareholder approval will be obtained in the manner and to the degree required
under Applicable Laws. 

  
 -17-

 BCD SEMICONDUCTOR MANUFACTURING LIMITED 

2010 EQUITY INCENTIVE PLAN 
 STOCK OPTION AWARD AGREEMENT 
 Unless otherwise defined
herein, the terms defined in the BCD Semiconductor Manufacturing Limited 2010 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Stock Option Award Agreement (the “Award Agreement”). 

 

	I.	NOTICE OF STOCK OPTION GRANT 

 Participant Name: 
 Address: 

You have been granted an Option to purchase Shares of BCD Semiconductor Manufacturing Limited (the “Company”),
subject to the terms and conditions of the Plan and this Award Agreement, as follows: 
  

									
	Grant Number	 	  
	 	
			
	Date of Grant	 	  
	 	
			
	Vesting Commencement Date	 	  
	 	
				
	Exercise Price per Share	 	$	 	  
	 	
			
	Total Number of Shares Granted	 	  
	 	
				
	Total Exercise Price	 	$	 	  
	 	
				
	Type of Option:	 	  
	 	Incentive Stock Option	 	
				
		 	  
	 	Nonstatutory Stock Option	 	
			
	Term/Expiration Date:	 	  
	 	

 Vesting Schedule: 

Subject to any acceleration provisions contained in the Plan or set forth below, this Option may be exercised, in whole or
in part, in accordance with the following schedule: 
 [INSERT VESTING SCHEDULE] 

 Termination Period: 

This Option will be exercisable for [three (3) months] after Participant ceases to be a Service Provider, unless such
termination is due to Participant’s death or Disability, in which case this Option will be exercisable for [twelve (12) months] after Participant ceases to be a Service Provider. Notwithstanding the foregoing, in no event may this
Option be exercised after the Term/Expiration Date as provided above and may be subject to earlier termination as provided in Section [13] of the Plan. 
 By Participant’s signature and the signature of the Company’s representative below, Participant and the Company agree that this Option is granted under and governed by the terms and conditions
of the Plan and this Award Agreement, including the Terms and Conditions of Stock Option Grant, attached hereto as Exhibit A, all of which are made a part of this document. Participant has reviewed the Plan and this Award Agreement in their
entirety, has had an opportunity to obtain the advice of counsel prior to executing this Award Agreement and fully understands all provisions of the Plan and Award Agreement. Participant hereby agrees to accept as binding, conclusive and final all
decisions or interpretations of the Administrator upon any questions relating to the Plan and Award Agreement. Participant further agrees to notify the Company upon any change in the residence address indicated below. 

 

					
	PARTICIPANT	 		 	 BCD SEMICONDUCTOR

MANUFACTURING LIMITED

			
	  
	 		 	  

	Signature	 		 	By
			
	  
	 		 	  

	Print Name	 		 	Title
			
	Residence Address:	 		 	
			
	  
	 		 	
			
	  
	 		 	

  
 -2-

 EXHIBIT A 

TERMS AND CONDITIONS OF STOCK OPTION GRANT 

1.        Grant of Option.  The Company hereby grants to the
Participant named in the Notice of Grant attached as Part I of this Award Agreement (the “Participant”) an option (the “Option”) to purchase the number of Shares, as set forth in the Notice of Grant, at the exercise price per
Share set forth in the Notice of Grant (the “Exercise Price”), subject to all of the terms and conditions in this Award Agreement and the Plan, which is incorporated herein by reference. Subject to Section [18] of the Plan, in the event of
a conflict between the terms and conditions of the Plan and the terms and conditions of this Award Agreement, the terms and conditions of the Plan will prevail. 

If designated in the Notice of Grant as an Incentive Stock Option (“ISO”), this Option is intended to qualify
as an ISO under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). However, if this Option is intended to be an ISO, to the extent that it exceeds the $100,000 rule of Code Section 422(d) it will be
treated as a Nonstatutory Stock Option (“NSO”). Further, if for any reason this Option (or portion thereof) will not qualify as an ISO, then, to the extent of such nonqualification, such Option (or portion thereof) shall be regarded as a
NSO granted under the Plan. In no event will the Administrator, the Company or any Parent or Subsidiary or any of their respective employees or directors have any liability to Participant (or any other person) due to the failure of the Option to
qualify for any reason as an ISO. 
 2.        Payment Upon Exercise
of Option.    Although the Notice of Grant designates the Option as a right to purchase Shares, the Company may, in its discretion, issue an amount of ADSs upon exercise of the Option that equate to the number of Shares being
purchased hereunder. 
 3.        Vesting
Schedule.    Except as provided in Section 4, the Option awarded by this Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Plan Shares scheduled to vest on a certain
date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Award Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date
such vesting occurs. 
 4.        Administrator
Discretion.    The Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested Option at any time, subject to the terms of the Plan. If so accelerated,
such Option will be considered as having vested as of the date specified by the Administrator. 

5.        Exercise of Option. 

(a)        Right to Exercise.  This Option may be exercised
only within the term set out in the Notice of Grant, and may be exercised during such term only in accordance with the Plan and the terms of this Award Agreement. 

(b)        Method of Exercise.    This Option is
exercisable by delivery of an exercise notice, in the form attached as Exhibit B (the “Exercise Notice”) or in a manner and pursuant to such procedures as the Administrator may determine, which will state the election to exercise
the Option, the number of Plan Shares in respect of which the Option is being exercised (the “Exercised 

  
 -3-

 
Shares”), and such other representations and agreements as may be required by the Company pursuant to the provisions of the Plan. The Exercise Notice will be completed by Participant and
delivered to the Company. The Exercise Notice will be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares together with any applicable tax withholding. This Option will be deemed to be exercised upon receipt by the
Company of such fully executed Exercise Notice accompanied by such aggregate Exercise Price and any applicable tax withholding. 
 6.        Method of Payment.    Payment of the aggregate Exercise Price will be by any of the following, or a combination thereof, at the
election of Participant. 
 (a)        cash; 

(b)        check; 

(c)        consideration received by the Company under a formal cashless
exercise program adopted by the Company in connection with the Plan; or 

(d)        to the extent permitted by Applicable Laws, surrender of other Plan
Shares which have a Fair Market Value on the date of surrender equal to the aggregate Exercise Price of the Exercised Shares, provided that accepting such Plan Shares, in the sole discretion of the Administrator, will not result in any adverse
accounting consequences to the Company. 
 7.        Tax
Obligations. 
 (a)        Withholding
Taxes.    Notwithstanding any contrary provision of this Award Agreement, no certificate representing the Plan Shares will be issued to Participant, unless and until satisfactory arrangements (as determined by the
Administrator) will have been made by Participant with respect to the payment of income, employment and other taxes which the Company determines must be withheld with respect to such Plan Shares. To the extent determined appropriate by the Company
in its discretion, it will have the right (but not the obligation) to satisfy any tax withholding obligations by reducing the number of Plan Shares otherwise deliverable to Participant. If Participant fails to make satisfactory arrangements for the
payment of any required tax withholding obligations hereunder at the time of the Option exercise, Participant acknowledges and agrees that the Company may refuse to honor the exercise and refuse to deliver Plan Shares if such withholding amounts are
not delivered at the time of exercise. 
 (b)        Notice of
Disqualifying Disposition of ISO Shares.    If the Option granted to Participant herein is an ISO, and if Participant sells or otherwise disposes of any of the Plan Shares acquired pursuant to the ISO on or before the later
of (i) the date two (2) years after the Date of Grant, or (ii) the date one (1) year after the date of exercise, Participant will immediately notify the Company in writing of such disposition. Participant agrees that Participant
may be subject to income tax withholding by the Company on the compensation income recognized by Participant. 

(c)        Code Section 409A.    Under Code
Section 409A, an option that vests after December 31, 2004 (or that vested on or prior to such date but which was materially modified after October 3, 2004) that was granted with a per Plan Share exercise price that is determined by
the Internal Revenue Service (the “IRS”) to be less than the Fair Market Value of a Plan Share on the date of grant (a “Discount Option”) may be considered “deferred compensation.” A Discount Option may result in
(i) income recognition by Participant prior to the exercise of the option, (ii) an 

  
 -4-

 
additional twenty percent (20%) federal income tax, and (iii) potential penalty and interest charges. The Discount Option may also result in additional state income, penalty and
interest charges to the Participant. Participant acknowledges that the Company cannot and has not guaranteed that the IRS will agree that the per Plan Share exercise price of this Option equals or exceeds the Fair Market Value of a Plan Share on the
Date of Grant in a later examination. Participant agrees that if the IRS determines that the Option was granted with a per Plan Share exercise price that was less than the Fair Market Value of a Plan Share on the date of grant, Participant will be
solely responsible for Participant’s costs related to such a determination. 

8.        Rights as Shareholder.    Neither
Participant nor any person claiming under or through Participant will have any of the rights or privileges of a shareholder of the Company in respect of any Plan Shares deliverable hereunder unless and until certificates representing such Plan
Shares will have been issued, recorded on the records of the Company or its transfer agents or registrars, and delivered to Participant. After such issuance, recordation and delivery, Participant will have all the rights of a shareholder of the
Company with respect to voting such Plan Shares and receipt of dividends and distributions on such Plan Shares. 

9.        No Guarantee of Continued
Service.    PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE VESTING OF PLAN SHARES PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY (OR THE PARENT OR
SUBSIDIARY EMPLOYING OR RETAINING PARTICIPANT) AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THE OPTION OR ACQUIRING PLAN SHARES HEREUNDER. PARTICIPANT FURTHER ACKNOWLEDGES AND AGREES THAT THIS AWARD AGREEMENT, THE TRANSACTIONS CONTEMPLATED
HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND WILL NOT INTERFERE IN ANY WAY WITH
PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY (OR THE PARENT OR SUBSIDIARY EMPLOYING OR RETAINING PARTICIPANT) TO TERMINATE PARTICIPANT’S RELATIONSHIP AS A SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT CAUSE. 

10.      Address for Notices.    Any notice to be given to the
Company under the terms of this Award Agreement will be addressed to the Company, in care of its Chief Executive Officer at BCD Semiconductor Manufacturing Limited, No. 1600 ZiXing Road, Shanghai ZiZhu Science-based Industrial Park 200241,
China, or at such other address as the Company may hereafter designate in writing. 

11.      Non-Transferability of Option.    This Option may not
be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. 

12.      Binding Agreement.    Subject to the limitation on the
transferability of this grant contained herein, this Award Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto. 

13.      Additional Conditions to Issuance of Plan Shares.    If
at any time the Company will determine, in its discretion, that the listing, registration or qualification of the Plan Shares upon any 

  
 -5-

 
securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory authority is necessary or desirable as a condition to the issuance of Plan Shares
to Participant (or his or her estate), such issuance will not occur unless and until such listing, registration, qualification, consent or approval will have been effected or obtained free of any conditions not acceptable to the Company. The Company
will make all reasonable efforts to meet the requirements of any such state or federal law or securities exchange and to obtain any such consent or approval of any such governmental authority. Assuming such compliance, for income tax purposes the
Exercised Shares will be considered transferred to Participant on the date the Option is exercised with respect to such Exercised Shares. 
 14.        Plan Governs.    This Award Agreement is subject to all terms and provisions of the Plan. In the event of a conflict between
one or more provisions of this Award Agreement and one or more provisions of the Plan, the provisions of the Plan will govern. Capitalized terms used and not defined in this Award Agreement will have the meaning set forth in the Plan. 

15.        Administrator Authority.  The Administrator will have
the power to interpret the Plan and this Award Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to,
the determination of whether or not any Plan Shares subject to the Option have vested). All actions taken and all interpretations and determinations made by the Administrator in good faith will be final and binding upon Participant, the Company and
all other interested persons. No member of the Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Award Agreement. 

16.        Electronic Delivery.  The Company may, in its sole
discretion, decide to deliver any documents related to Options awarded under the Plan or future options that may be awarded under the Plan by electronic means or request Participant’s consent to participate in the Plan by electronic means.
Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through any on-line or electronic system established and maintained by the Company or another third party designated by the Company.

 17.        Captions.  Captions provided herein are
for convenience only and are not to serve as a basis for interpretation or construction of this Award Agreement. 
 18.        Agreement Severable.  In the event that any provision in this Award Agreement will be held invalid or unenforceable, such provision will
be severable from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Award Agreement. 
 19.        Modifications to the Agreement.    This Award Agreement constitutes the entire understanding of the parties on the subjects
covered. Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Award Agreement or the Plan can be
made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or this Award Agreement, the Company reserves the right to revise this Award Agreement as it deems
necessary or advisable, in its sole discretion and without the consent of Participant, to comply with Code Section 409A or to otherwise avoid imposition of any additional tax or income recognition under Section 409A of the Code in
connection to this Option. 

  
 -6-

 20.        Amendment, Suspension
or Termination of the Plan.    By accepting this Award, Participant expressly warrants that he or she has received an Option under the Plan, and has received, read and understood a description of the Plan. Participant
understands that the Plan is discretionary in nature and may be amended, suspended or terminated by the Company at any time. 
 21.        Governing Law.  This Award Agreement will be governed by the laws of the State of [California], without giving effect to the conflict of
law principles thereof. For purposes of litigating any dispute that arises under this Option or this Award Agreement, the parties hereby submit to and consent to the jurisdiction of the State of [California], and agree that such litigation will be
conducted in the courts of [Santa Clara County, California, or the federal courts for the United States for the Northern District of California], and no other courts, where this Option is made and/or to be performed. 

  
 -7-

 EXHIBIT B 

BCD SEMICONDUCTOR MANUFACTURING LIMITED 
 2010 EQUITY INCENTIVE PLAN 
 EXERCISE NOTICE 

BCD Semiconductor Manufacturing Limited 

No. 1600 ZiXing Road 
 ZiZhu Science-based
Industrial Park 
 Shanghai 200241, China 
 Attention: Chief Executive Officer 

1.        Exercise of Option.    Effective as of
today,                     ,             , the undersigned
(“Purchaser”) hereby elects to purchase                      Ordinary Shares (the “Shares”) of BCD Semiconductor
Manufacturing Limited (the “Company”) under and pursuant to the 2010 Equity Incentive Plan (the “Plan”) and the Stock Option Award Agreement dated
                     (the “Award Agreement”). The purchase price for the Shares will be
$                    , as required by the Award Agreement. 

2.        Delivery of Payment.  Purchaser herewith delivers to
the Company the full purchase price of the Plan Shares and any required tax withholding to be paid in connection with the exercise of the Option. 
 3.        Issuance of Shares.    Purchaser hereby agrees to accept Shares upon exercise of the Option or a number of ADSs that equate to
the number of Shares Purchaser is purchasing pursuant to the Option or a combination of both, as the Company determines in its discretion. 
 4.        Representations of Purchaser.  Purchaser acknowledges that Purchaser has received, read and understood the Plan and the Award Agreement
and agrees to abide by and be bound by their terms and conditions. 

5.        Rights as Shareholder.  Until the issuance (as
evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company) of the Plan Shares, no right to vote or receive dividends or any other rights as a shareholder will exist with respect to the Plan
Shares subject to the Option, notwithstanding the exercise of the Option. The Plan Shares so acquired will be issued to Purchaser as soon as practicable after exercise of the Option. No adjustment will be made for a dividend or other right for which
the record date is prior to the date of issuance, except as provided in Section [13] of the Plan. 

 6.        Tax
Consultation.    Purchaser understands that Purchaser may suffer adverse tax consequences as a result of Purchaser’s purchase or disposition of the Plan Shares. Purchaser represents that Purchaser has consulted with any
tax consultants Purchaser deems advisable in connection with the purchase or disposition of the Plan Shares and that Purchaser is not relying on the Company for any tax advice. 

7.        Entire Agreement; Governing Law.  The Plan and Award
Agreement are incorporated herein by reference. This Exercise Notice, the Plan and the Award Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings
and agreements of the Company and Purchaser with respect to the subject matter hereof, and may not be modified adversely to the Purchaser’s interest except by means of a writing signed by the Company and Purchaser. This agreement is governed by
the internal substantive laws, but not the choice of law rules, of the State of [California]. 
  

					
	Submitted by:	 		 	Accepted by:
			
	PURCHASER	 		 	 BCD SEMICONDUCTOR

MANUFACTURING LIMITED

			
	  
	 		 	  

	Signature	 		 	By
			
	  
	 		 	  

	Print Name	 		 	Title
			
	Address:	 		 	
			
	  
	 		 	
			
	  
	 		 	
			
		 		 	  

		 		 	Date Received

  
 -2-

 PARTICIPANTS RESIDENT IN THE PRC 

BCD SEMICONDUCTOR MANUFACTURING LIMITED 
 2010 EQUITY INCENTIVE PLAN 
 PRC STOCK OPTION AWARD AGREEMENT

 Unless otherwise defined herein, the terms defined in the BCD Semiconductor Manufacturing Limited 2010
Equity Incentive Plan (the “Plan”) will have the same defined meanings in this People’s Republic of China (“PRC”) Stock Option Award Agreement (the “Award Agreement”). 

 

	I.	NOTICE OF STOCK OPTION GRANT 

 Participant Name: 
 Address: 

You have been granted an Option to purchase Shares of BCD Semiconductor Manufacturing Limited (the “Company”), subject to the
terms and conditions of the Plan and this Award Agreement, as follows: 
  

							
	Grant Number	 	  
	 	
			
	Date of Grant	 	  
	 	
			
	Vesting Commencement Date	 	  
	 	
				
	Exercise Price per Share	 	$	 	  
	 	
			
	Total Number of Shares Granted	 	  
	 	
				
	Total Exercise Price	 	$	 	  
	 	
			
	Type of Option:	 	Nonstatutory Stock Option	 	
			
	Term/Expiration Date:	 	  
	 	

 Vesting Schedule: 

Subject to any acceleration provisions contained in the Plan or set forth below, this Option may be exercised, in whole
or in part, in accordance with the following schedule: 
 [INSERT VESTING SCHEDULE] 

 Termination Period: 

To the extent permitted by Applicable Law and subject to the terms of the Plan and the Terms and Conditions of Stock
Option Grant, attached hereto as Exhibit A, this Option will be exercisable for [three (3) months] after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case
this Option will be exercisable for [twelve (12) months] after Participant ceases to be a Service Provider. Notwithstanding the foregoing, in no event may this Option be exercised after the Term/Expiration Date as provided above and may
be subject to earlier termination as provided in Section [13] of the Plan. 
 By Participant’s signature
and the signature of the Company’s representative below, Participant and the Company agree that this Option is granted under and governed by the terms and conditions of the Plan and this Award Agreement, including the Terms and Conditions of
Stock Option Grant (attached hereto as Exhibit A), all of which are made a part of this document. Participant has reviewed the Plan and this Award Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to
executing this Award Agreement and fully understands all provisions of the Plan and Award Agreement. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions
relating to the Plan and Award Agreement. Participant further agrees to notify the Company upon any change in the residence address indicated below. 
  

					
	PARTICIPANT	 		 	 BCD SEMICONDUCTOR

MANUFACTURING LIMITED

			
	  
	 		 	  

	Signature	 		 	By
			
	  
	 		 	  

	Print Name	 		 	Title
			
	Residence Address:	 		 	
			
	  
	 		 	
			
	  
	 		 	

  
 -2-

 EXHIBIT A 

TERMS AND CONDITIONS OF STOCK OPTION GRANT 

1.        Grant of Option. The Company hereby grants to the Participant
named in the Notice of Grant attached as Part I of this Award Agreement (the “Participant”) an option (the “Option”) to purchase the number of Shares, as set forth in the Notice of Grant, at the exercise price per Share set forth
in the Notice of Grant (the “Exercise Price”), subject to all of the terms and conditions in this Award Agreement and the Plan, which is incorporated herein by reference. Subject to Section [18] of the Plan, in the event of a conflict
between the terms and conditions of the Plan and the terms and conditions of this Award Agreement, the terms and conditions of the Plan will prevail. 
 2.        Payment Upon Exercise of Option.    Although the Notice of Grant designates the Option as a right to purchase Shares, the
Company may, in its discretion, issue an amount of ADSs upon exercise of the Option that equate to the number of Shares being purchased hereunder. 
 3.        Vesting Schedule.    Except as provided in Section 4, the Option awarded by this Award Agreement will vest in accordance
with the vesting provisions set forth in the Notice of Grant. Plan Shares scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Award
Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting occurs. 
 4.        Administrator Discretion.    The Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser
portion of the balance, of the unvested Option at any time, subject to the terms of the Plan. If so accelerated, such Option will be considered as having vested as of the date specified by the Administrator. 

5.        Exercise of Option. 

(a)        Right to Exercise.    To the extent
permitted by Applicable Law, this Option may be exercised only within the term set out in the Notice of Grant, and may be exercised during such term only in accordance with the Plan and the terms of this Award Agreement. 

(b)        Method of Exercise.    This Option is
exercisable by delivery of an exercise notice, in the form attached as Exhibit B (the “Exercise Notice”) or in a manner and pursuant to such procedures as the Administrator may determine, which will state the election to exercise
the Option, the number of Plan Shares in respect of which the Option is being exercised (the “Exercised Shares”), and such other representations and agreements as may be required by the Company pursuant to the provisions of the Plan. The
Exercise Notice will be completed by Participant and delivered to the Company. The Exercise Notice will be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares together with any applicable tax withholding. This Option
will be deemed to be exercised (i) upon receipt by the Company of such fully executed Exercise Notice accompanied by such aggregate Exercise Price and any applicable tax withholding, according to Exhibit B hereto, and (ii) all other
applicable terms and conditions of the Award Agreement are satisfied. 

  
 -3-

 Notwithstanding anything to the contrary, no Plan Shares will be issued
pursuant to the exercise of the Option unless such issuance and such exercise complies with Applicable Law and such policies and procedures as the Company deems appropriate from time to time, including any policies and procedures the Company
determines, in its sole discretion, to be necessary or desirable to comply with Applicable Laws, including without limitation, those promulgated by the PRC State Administration of Foreign Exchange or its local agency (“SAFE”) with respect
to Participant’s acquisition of the Plan Shares pursuant to the Option. 

6.        Method of Payment.    To the extent
permitted by Applicable Law, payment of the aggregate Exercise Price will be by any of the following, or a combination thereof, at the election of Participant: 

 (a)        cash; 

 (b)        check; 

 (c)        consideration received by the Company under a formal cashless
exercise program adopted by the Company in connection with the Plan; or 

 (d)        to the extent permitted by Applicable Laws, surrender of other
Plan Shares which have a Fair Market Value on the date of surrender equal to the aggregate Exercise Price of the Exercised Shares, provided that accepting such Plan Shares, in the sole discretion of the Administrator, will not result in any adverse
accounting consequences to the Company. 
 For the avoidance of doubt, Participant acknowledges and agrees that
the Company may refuse to honor an exercise of the Option and refuse to issue Plan Shares if the method of payment by Participant does not, in the Company’s sole and reasonable discretion, comply with Applicable Law. 

7.        Tax Obligations. 

 (a)        Withholding Taxes. Participant agrees to make
appropriate arrangements with the Company (or the Parent or Subsidiary employing or retaining Participant) for the satisfaction of all U.S. Federal, state, local and non-U.S. (including the PRC) income, employment and other tax withholding
requirements applicable to the Option exercise, disposition of the Option or the Plan Shares issued upon exercise, the satisfaction of which must be conducted in a manner that complies with Applicable Laws. In this regard and to the extent
determined appropriate by the Company in its discretion and permissible under Applicable Law, Participant authorizes the Company (and/or the Parent or Subsidiary employing or retaining Participant) to (i) withhold all applicable taxes legally
payable by Participant from Participant’s wages or other cash compensation paid to Participant by the Company (and/or the Parent or Subsidiary employing or retaining Participant) or from proceeds from the sale of Plan Shares acquired upon
exercise of the Option in an amount sufficient to cover such tax obligations, (ii) reduce the number of Plan Shares otherwise deliverable to Participant equal to the minimum amount statutorily required to be withheld or (iii) sell a
sufficient number of Plan Shares otherwise deliverable to Participant through such means as the Company may determine in its sole discretion (whether through a broker or otherwise). Participant acknowledges and agrees that the Company may refuse to
honor the exercise and refuse to deliver Plan Shares if such withholding amounts are not delivered at the time of exercise. 

  
 -4-

 (b)        Code
Section 409A.    Under Code Section 409A, an option that vests after December 31, 2004 (or that vested on or prior to such date but which was materially modified after October 3, 2004) that was granted
with a per Plan Share exercise price that is determined by the Internal Revenue Service (the “IRS”) to be less than the Fair Market Value of a Plan Share on the date of grant (a “Discount Option”) may be considered “deferred
compensation.” A Discount Option may result in (i) income recognition by Participant prior to the exercise of the option, (ii) an additional twenty percent (20%) federal income tax, and (iii) potential penalty and interest
charges. The Discount Option may also result in additional state income, penalty and interest charges to the Participant. Participant acknowledges that the Company cannot and has not guaranteed that the IRS will agree that the per Plan Share
exercise price of this Option equals or exceeds the Fair Market Value of a Plan Share on the Date of Grant in a later examination. Participant agrees that if the IRS determines that the Option was granted with a per Plan Share exercise price that
was less than the Fair Market Value of a Plan Share on the date of grant, Participant will be solely responsible for Participant’s costs related to such a determination. 

8.        Rights as Shareholder.  Neither Participant nor any
person claiming under or through Participant will have any of the rights or privileges of a shareholder of the Company in respect of any Plan Shares deliverable hereunder unless and until certificates representing such Plan Shares will have been
issued, recorded on the records of the Company or its transfer agents or registrars, and delivered to Participant. After such issuance, recordation and delivery, Participant will have all the rights of a shareholder of the Company with respect to
voting such Plan Shares and receipt of dividends and distributions on such Plan Shares. 

9.        Transfer and/or Disposition of Plan Shares.  The
Company may require Participant to hold Plan Shares acquired pursuant to exercise of the Option with an escrow agent designated by the Company and/or require Participant to transfer or sell the Plan Shares pursuant to such policies and procedures as
the Company deems appropriate from time to time, including any procedures necessary to obtain SAFE approval for the acquisition and disposition of the Plan Shares by Participant. The Company may require that all proceeds received from the Option be
remitted to the PRC if the Company deems such action is necessary or appropriate to comply with Applicable Laws. 
 Participant must sell, transfer or otherwise dispose of the Plan Shares acquired pursuant to exercise of the Option in such manner and subject to such terms and conditions as the Administrator determines
within six (6) months after Participant’s termination as a Service Provider, or such other period of time as the Administrator may designate from time to time to comply with Applicable Laws, including requirements and conditions relating
to SAFE registration (the “Disposition Deadline”). Participant hereby authorizes the Company and appoints the Company as its attorney-in-fact to sell on Participant’s behalf any Plan Shares held by Participant after the Disposition
Deadline, without any further action, consent or instruction by Participant. Participant hereby acknowledges and agrees that Company will not be held liable to Participant with respect to its actions relating to the sale, transfer or disposition of
Plan Shares after the Disposition Deadline. 
 10.     No Guarantee of Continued
Service.    PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE VESTING OF PLAN SHARES PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY (OR THE PARENT OR
SUBSIDIARY EMPLOYING OR RETAINING PARTICIPANT) AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THE OPTION OR ACQUIRING PLAN SHARES HEREUNDER. PARTICIPANT FURTHER ACKNOWLEDGES AND AGREES THAT THIS AWARD AGREEMENT, THE

  
 -5-

 
TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING PERIOD,
FOR ANY PERIOD, OR AT ALL, AND WILL NOT INTERFERE IN ANY WAY WITH PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY (OR THE PARENT OR SUBSIDIARY EMPLOYING OR RETAINING PARTICIPANT) TO TERMINATE PARTICIPANT’S RELATIONSHIP AS A SERVICE
PROVIDER AT ANY TIME, WITH OR WITHOUT CAUSE. 
 11.     Acknowledgments.

 (a)        Participant acknowledges receipt of a copy of the Plan
and represents that he or she is familiar with the terms and provisions thereof, and hereby accepts this Option subject to all of the terms and provisions thereof. Participant has reviewed the Plan and this Award Agreement in their entirety, has had
an opportunity to obtain the advice of counsel prior to executing this Award Agreement and fully understands all provisions of the Option. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the
Administrator upon any questions arising under the Plan or this Award Agreement. Participant further agrees to notify the Company upon any change in the residence address indicated below. 

(b)        The Company (which may or may not be Participant’s employer) is
granting the Option. The Company will administer the Plan from outside Participant’s country of residence, and United States law will govern all Options granted under the Plan. 

(c)        Participant acknowledges that benefits and rights provided under the
Plan are wholly discretionary and, although provided by the Company, do not constitute regular or periodic payments. Unless otherwise required by Applicable Law, the benefits and rights provided under the Plan are not to be considered part of
Participant’s salary or compensation for purposes of calculating any severance, resignation, redundancy or other end of service payments, vacation, bonuses, long-term service awards, indemnification, pension or retirement benefits, or any other
payments, benefits or rights of any kind. Participant waives any and all rights to compensation or damages as a result of the termination of employment with the Company for any reason whatsoever insofar as those rights result or may result from:

 (i)        the loss or diminution in value of such rights under the
Plan, or 
 (ii)       Participant ceasing to have any rights under, or
ceasing to be entitled to any rights under the Plan as a result of such termination. 

(d)        The grant of the Option, and any future grant of Options under the
Plan is entirely voluntary, and at the complete discretion of the Company. Neither the grant of the Option nor any future grant of an Option by the Company will be deemed to create any obligation to grant any further Options, whether or not such a
reservation is explicitly stated at the time of such a grant. The Company has the right, at any time, to amend, suspend or terminate the Plan. 
 (e)        The Plan will not be deemed to constitute, and will not be construed by Participant to constitute, part of the terms and conditions of employment, and
the Company will not incur any liability of any kind to Participant as a result of any change or amendment, or any cancellation, of the Plan at any time. 

  
 -6-

 (f)        Participation in the
Plan will not be deemed to constitute, and will not be deemed by Participant to constitute, an employment or labor relationship of any kind with the Company. 
 (g)        By entering into this Award Agreement, and as a condition of the grant of the Option, Participant consents to the collection, use, and transfer of
personal data as described in this subsection to the full extent permitted by and in full compliance with Applicable Law. 
  (i)        Participant understands that the Company, its Parent or any Subsidiary may hold certain personal information about Participant, including, but not
limited to, name, home address and telephone number, date of birth, social insurance number, salary, nationality, job title, any Plan Shares or directorships held in the Company, details of all Options or other entitlement to Plan Shares awarded,
canceled, exercised, vested, unvested, or outstanding in Participant’s favor, for the purpose of managing and administering the Plan (“Data”). 
  (ii)        Participant further understands that the Company and/or its Subsidiaries will transfer Data among themselves as necessary for the purposes of
implementation, administration, and management of Participant’s participation in the Plan, and that the Company and/or its Subsidiaries may each further transfer Data to any third parties assisting the Company in the implementation,
administration, and management of the Plan (“Data Recipients”). 

 (iii)        Participant understands that these Data Recipients may be
located in Participant’s country of residence or elsewhere, such as the United States. Participant authorizes the Data Recipients to receive, possess, use, retain, and transfer Data in electronic or other form, for the purposes of implementing,
administering, and managing Participant’s participation in the Plan, including any transfer of such Data, as may be required for the administration of the Plan and/or the subsequent holding of Plan Shares on Participant’s behalf, to a
broker or third party with whom the Plan Shares acquired on exercise may be deposited. 

 (iv)        Participant understands that Participant may, at any time,
review the Data, request that any necessary amendments be made to it, or withdraw Participant’s consent herein in writing by contacting the Company. Participant further understands that withdrawing consent may affect Participant’s ability
to participate in the Plan. 
 (h)        All matters with respect to
foreign exchange under the Plan will be handled by Participant’s employer on Participant’s behalf in accordance with Applicable Laws and regulations in the PRC. For being granted the Option, Participant agrees that Participant’s local
employer will make the relevant application or filing with the relevant authority. If the Plan cannot be approved as a whole or partially by the relevant authorities, Participant’s rights under this Agreement would be materially affected and
Participant will be informed by Participant’s employer as soon as practicable of such circumstances. 

(i)        Participant has received the terms and conditions of this Award
Agreement and any other related communications, and Participant consents to having received these documents in English. 
 12.     Address for Notices.    Any notice to be given to the Company under the terms of this Award Agreement will be addressed to the Company, in care
of its Chief Executive Officer at BCD Semiconductor Manufacturing Limited, No. 1600 ZiXing Road, Shanghai ZiZhu Science-based Industrial Park 200241, China, or at such other address as the Company may hereafter designate in writing. 

  
 -7-

 13.     Non-Transferability of
Option.    This Option may not be transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. 

14.     Binding Agreement.    Subject to the limitation on the
transferability of this grant contained herein, this Award Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto. 

15.     Additional Conditions to Issuance of Plan Shares.    If at
any time the Company will determine, in its discretion, that the listing, registration or qualification of the Plan Shares upon any securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory
authority is necessary or desirable as a condition to the issuance of Plan Shares to Participant (or his or her estate), such issuance will not occur unless and until such listing, registration, qualification, consent or approval will have been
effected or obtained free of any conditions not acceptable to the Company. The Company will make all reasonable efforts to meet the requirements of any such state or federal law or securities exchange and to obtain any such consent or approval of
any such governmental authority. Assuming such compliance, for income tax purposes the Exercised Shares will be considered transferred to Participant on the date the Option is exercised with respect to such Exercised Shares. 

16.     Plan Governs.    This Award Agreement is subject to all terms
and provisions of the Plan. In the event of a conflict between one or more provisions of this Award Agreement and one or more provisions of the Plan, the provisions of the Plan will govern. Capitalized terms used and not defined in this Award
Agreement will have the meaning set forth in the Plan. 
 17.     Administrator
Authority.    The Administrator will have the power to interpret the Plan and this Award Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to
interpret or revoke any such rules (including, but not limited to, the determination of whether or not any Plan Shares subject to the Option have vested). All actions taken and all interpretations and determinations made by the Administrator in good
faith will be final and binding upon Participant, the Company and all other interested persons. No member of the Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or
this Award Agreement. 
 18.     Electronic Delivery.    The
Company may, in its sole discretion, decide to deliver any documents related to Options awarded under the Plan or future Options that may be awarded under the Plan by electronic means or request Participant’s consent to participate in the Plan
by electronic means. Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through any on-line or electronic system established and maintained by the Company or another third party
designated by the Company. 
 19.     Captions.   Captions
provided herein are for convenience only and are not to serve as a basis for interpretation or construction of this Award Agreement. 
 20.     Agreement Severable.    In the event that any provision in this Award Agreement will be held invalid or unenforceable, such provision will be
severable from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Award Agreement. 

  
 -8-

 21.     Modifications to the
Agreement.    This Award Agreement constitutes the entire understanding of the parties on the subjects covered. Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises,
representations, or inducements other than those contained herein. Modifications to this Award Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to
the contrary in the Plan or this Award Agreement, the Company reserves the right to revise this Award Agreement as it deems necessary or advisable, in its sole discretion and without the consent of Participant, to comply with Code Section 409A
or to otherwise avoid imposition of any additional tax or income recognition under Section 409A of the Code in connection to this Option. 
 22.     Amendment, Suspension or Termination of the Plan.    By accepting this Award, Participant expressly warrants that he or she has received an
Option under the Plan, and has received, read and understood a description of the Plan. Participant understands that the Plan is discretionary in nature and may be amended, suspended or terminated by the Company at any time. 

23.     Governing Law.   This Award Agreement will be governed by the laws
of the State of [California], without giving effect to the conflict of law principles thereof. For purposes of litigating any dispute that arises under this Option or this Award Agreement, the parties hereby submit to and consent to the jurisdiction
of the State of [California], and agree that such litigation will be conducted in the courts of [Santa Clara County, California, or the federal courts for the United States for the Northern District of California], and no other courts, where
this Option is made and/or to be performed. 

  
 -9-

 EXHIBIT B 

BCD SEMICONDUCTOR MANUFACTURING LIMITED 
 2010 EQUITY INCENTIVE PLAN 
 EXERCISE NOTICE 

BCD Semiconductor Manufacturing Limited 

No. 1600 ZiXing Road 
 ZiZhu Science-based
Industrial Park 
 Shanghai 200241, China 
 Attention:  Chief Executive Officer 

1.        Exercise of Option.    Effective as of
today,                         ,         , the undersigned
(“Purchaser”) hereby elects to purchase                      Ordinary Shares (the “Shares”) of BCD Semiconductor
Manufacturing Limited (the “Company”) under and pursuant to the 2010 Equity Incentive Plan (the “Plan”) and the PRC Stock Option Award Agreement dated
             (the “Award Agreement”). The purchase price for the Shares will be
$                    , as required by the Award Agreement. 

2.        Delivery of Payment.   Purchaser herewith
delivers to the Company the full purchase price of the Plan Shares and any required tax withholding to be paid in connection with the exercise of the Option. 
 3.        Issuance of Shares.   Participant hereby agrees to accept Shares upon exercise of the Option or a number of ADSs that equate to the
number of Shares Participant is purchasing pursuant to the Option or a combination of both, as the Company determines in its discretion. 
 4.        Representations of Purchaser.   Purchaser acknowledges that Purchaser has received, read and understood the Plan and the Award
Agreement and agrees to abide by and be bound by their terms and conditions, including, without limitation, any policies or procedures established by the Administrator to comply with Applicable Laws, including those promulgated by SAFE. 

5.        Rights as Shareholder.   Until the issuance (as
evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company) of the Plan Shares, no right to vote or receive dividends or any other rights as a shareholder will exist with respect to the Plan
Shares subject to the Option, notwithstanding the exercise of the Option. The Plan Shares so acquired will be issued to Participant as soon as practicable after exercise of the Option. No adjustment will be made for a dividend or other right for
which the record date is prior to the date of issuance, except as provided in Section [13] of the Plan. 

 6.        Tax
Consultation.    Purchaser understands that Purchaser may suffer adverse tax consequences as a result of Purchaser’s purchase or disposition of the Plan Shares. Purchaser represents that Purchaser has consulted with any
tax consultants Purchaser deems advisable in connection with the purchase or disposition of the Plan Shares and that Purchaser is not relying on the Company for any tax advice. 

7.        Entire Agreement; Governing Law.   The Plan and
Award Agreement are incorporated herein by reference. This Exercise Notice, the Plan and the Award Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior
undertakings and agreements of the Company and Purchaser with respect to the subject matter hereof, and may not be modified adversely to the Purchaser’s interest except by means of a writing signed by the Company and Purchaser. This agreement
is governed by the internal substantive laws, but not the choice of law rules, of the State of [California]. 
  

					
	Submitted by:	  		 	Accepted by:
			
	PURCHASER	  		 	 BCD SEMICONDUCTOR

MANUFACTURING LIMITED

			
	  
	  		 	  

	Signature	  		 	By
			
	  
	  		 	  

	Print Name	  		 	Title
			
	Address:	  		 	
			
	  
	  		 	
			
	  
	  		 	
			
		  		 	  

		  		 	Date Received

  
 -2-

 NON-EMPLOYEE DIRECTOR FORM 

BCD SEMICONDUCTOR MANUFACTURING LIMITED 
 2010 EQUITY INCENTIVE PLAN 
 STOCK OPTION AWARD AGREEMENT –
NON-EMPLOYEE DIRECTOR 
 Unless otherwise defined herein, the terms defined in the BCD Semiconductor
Manufacturing Limited 2010 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Stock Option Award Agreement – Non-Employee Director (the “Award Agreement”). 

 

	I.	NOTICE OF STOCK OPTION GRANT 

 Participant Name: 
 Address: 

You have been granted an Option to purchase Shares of BCD Semiconductor Manufacturing Limited (the “Company”),
subject to the terms and conditions of the Plan and this Award Agreement, as follows: 
  

							
	Grant Number	 	  
	  	
			
	Date of Grant	 	  
	  	
			
	Vesting Commencement Date	 	  
	  	
				
	Exercise Price per Share	 	$	 	  
	  	
			
	Total Number of Shares Granted	 	  
	  	
				
	Total Exercise Price	 	$	 	  
	  	
			
	Type of Option:	 	       Incentive Stock Option	  	
			
		 	       Nonstatutory Stock Option	  	
			
	Term/Expiration Date:	 	  
	  	
			
	Vesting Schedule:	 		  	

 Subject to any acceleration provisions contained in the Plan or set forth below,
this Option may be exercised, in whole or in part, in accordance with the following schedule: 
 [INSERT VESTING
SCHEDULE] 
 Notwithstanding the foregoing and anything contrary in the Plan, if, within one (1) month
prior to, and thirteen (13) months following, a Change in Control in which Participant’s options are 

 
assumed or substituted, Participant’s status as a Director or a director of the successor corporation, as applicable, is terminated other than (i) for Cause (as defined below) or
(ii) Participant’s voluntary resignation (unless such resignation is at the request of the acquirer), then (A) Participant will fully vest in and have the right to exercise the Option as to all of the Shares subject to the Option,
including those Shares which would not otherwise be vested or exercisable and (B) the Option shall (notwithstanding the Termination Period below) continue to be exercisable until the Term/Expiration Date. 

For purposes of this Award Agreement, “Cause” means (i) any intentional act of fraud, embezzlement or
misappropriation of Company property by Participant which has a materially adverse impact on the business or affairs of the Company, (ii) Participant’s intentional unauthorized use or disclosure of confidential information or trade secrets
of the Company (or any affiliated corporation or entity of the Company (“Affiliate”)), or (iii) any other intentional misconduct by Participant which has a materially adverse impact on the business or affairs of the Company (or any
Affiliate); provided, however, that solely for the purpose of the vesting acceleration provided herein, Participant will be given thirty (30) days written notice (and the opportunity to correct such conduct if such conduct can be corrected
during that notice period) of the Company’s intention to deem the termination of Participant’s service as a Director to be for any of the foregoing reasons. 

Termination Period: 
 This Option will be exercisable for [three (3) months] after Participant ceases to be a Service Provider, unless such termination is due to Participant’s death or Disability, in which case this
Option will be exercisable for [twelve (12) months] after Participant ceases to be a Service Provider. Notwithstanding the foregoing, in no event may this Option be exercised after the Term/Expiration Date as provided above and may be
subject to earlier termination as provided in Section [13] of the Plan. 
 [Signature Page Follows] 

  
 -2-

 By Participant’s signature and the signature of the Company’s
representative below, Participant and the Company agree that this Option is granted under and governed by the terms and conditions of the Plan and this Award Agreement, including the Terms and Conditions of Stock Option Grant, attached hereto as
Exhibit A, all of which are made a part of this document. Participant has reviewed the Plan and this Award Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Award Agreement and fully
understands all provisions of the Plan and Award Agreement. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan and Award Agreement.
Participant further agrees to notify the Company upon any change in the residence address indicated below. 
  

					
	PARTICIPANT	  		 	 BCD SEMICONDUCTOR

MANUFACTURING LIMITED

			
	  
	  		 	  

	Signature	  		 	By
			
	  
	  		 	  

	Print Name	  		 	Title
		  		 	
	Residence Address:	  		 	
			
	  
	  		 	
			
	  
	  		 	

  
 -3-

 EXHIBIT A 

TERMS AND CONDITIONS OF STOCK OPTION GRANT 

1.        Grant of Option.  The Company hereby grants to the
Participant named in the Notice of Grant attached as Part I of this Award Agreement (the “Participant”) an option (the “Option”) to purchase the number of Shares, as set forth in the Notice of Grant, at the exercise price per
Share set forth in the Notice of Grant (the “Exercise Price”), subject to all of the terms and conditions in this Award Agreement and the Plan, which is incorporated herein by reference. Subject to Section [18] of the Plan, in the event of
a conflict between the terms and conditions of the Plan and the terms and conditions of this Award Agreement, the terms and conditions of the Plan will prevail. 

        If designated in the Notice of Grant as an Incentive Stock Option
(“ISO”), this Option is intended to qualify as an ISO under Section 422 of the Internal Revenue Code of 1986, as amended (the “Code”). However, if this Option is intended to be an ISO, to the extent that it exceeds the
$100,000 rule of Code Section 422(d) it will be treated as a Nonstatutory Stock Option (“NSO”). Further, if for any reason this Option (or portion thereof) will not qualify as an ISO, then, to the extent of such nonqualification, such
Option (or portion thereof) shall be regarded as a NSO granted under the Plan. In no event will the Administrator, the Company or any Parent or Subsidiary or any of their respective employees or directors have any liability to Participant (or any
other person) due to the failure of the Option to qualify for any reason as an ISO. 

2.        Payment Upon Exercise of Option.    Although
the Notice of Grant designates the Option as a right to purchase Shares, the Company may, in its discretion, issue an amount of ADSs upon exercise of the Option that equate to the number of Shares being purchased hereunder. 

3.        Vesting Schedule.    Except as provided in
Section 4, the Option awarded by this Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Plan Shares scheduled to vest on a certain date or upon the occurrence of a certain condition will not
vest in Participant in accordance with any of the provisions of this Award Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting occurs. 

4.        Administrator Discretion.    The
Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested Option at any time, subject to the terms of the Plan. If so accelerated, such Option will be considered as having
vested as of the date specified by the Administrator. 

5.        Exercise of Option. 

 (a)        Right to Exercise.  This Option may be
exercised only within the term set out in the Notice of Grant, and may be exercised during such term only in accordance with the Plan and the terms of this Award Agreement. 

 (b)        Method of Exercise.    This Option
is exercisable by delivery of an exercise notice, in the form attached as Exhibit B (the “Exercise Notice”) or in a manner and pursuant to such procedures as the Administrator may determine, which will state the election to exercise
the Option, the number of Plan Shares in respect of which the Option is being exercised (the “Exercised 

  
 -4-

 
Shares”), and such other representations and agreements as may be required by the Company pursuant to the provisions of the Plan. The Exercise Notice will be completed by Participant and
delivered to the Company. The Exercise Notice will be accompanied by payment of the aggregate Exercise Price as to all Exercised Shares together with any applicable tax withholding. This Option will be deemed to be exercised upon receipt by the
Company of such fully executed Exercise Notice accompanied by such aggregate Exercise Price and any applicable tax withholding. 
 6.        Method of Payment.    Payment of the aggregate Exercise Price will be by any of the following, or a combination thereof, at the
election of Participant. 
  (a)        cash; 

 (b)        check; 

 (c)        consideration received by the Company under a formal cashless
exercise program adopted by the Company in connection with the Plan; or 

 (d)        to the extent permitted by Applicable Laws, surrender of other
Plan Shares which have a Fair Market Value on the date of surrender equal to the aggregate Exercise Price of the Exercised Shares, provided that accepting such Plan Shares, in the sole discretion of the Administrator, will not result in any adverse
accounting consequences to the Company. 
 7.        Tax
Obligations. 
  (a)        Withholding
Taxes.   Notwithstanding any contrary provision of this Award Agreement, no certificate representing the Plan Shares will be issued to Participant, unless and until satisfactory arrangements (as determined by the Administrator)
will have been made by Participant with respect to the payment of income, employment and other taxes which the Company determines must be withheld with respect to such Plan Shares. To the extent determined appropriate by the Company in its
discretion, it will have the right (but not the obligation) to satisfy any tax withholding obligations by reducing the number of Plan Shares otherwise deliverable to Participant. If Participant fails to make satisfactory arrangements for the payment
of any required tax withholding obligations hereunder at the time of the Option exercise, Participant acknowledges and agrees that the Company may refuse to honor the exercise and refuse to deliver Plan Shares if such withholding amounts are not
delivered at the time of exercise. 
  (b)        Notice of
Disqualifying Disposition of ISO Shares.   If the Option granted to Participant herein is an ISO, and if Participant sells or otherwise disposes of any of the Plan Shares acquired pursuant to the ISO on or before the later of
(i) the date two (2) years after the Date of Grant, or (ii) the date one (1) year after the date of exercise, Participant will immediately notify the Company in writing of such disposition. Participant agrees that Participant may
be subject to income tax withholding by the Company on the compensation income recognized by Participant. 

 (c)        Code Section 409A.   Under Code
Section 409A, an option that vests after December 31, 2004 (or that vested on or prior to such date but which was materially modified after October 3, 2004) that was granted with a per Plan Share exercise price that is determined by
the Internal Revenue Service (the “IRS”) to be less than the Fair Market Value of a Plan Share on the date of grant (a “Discount Option”) may be considered “deferred compensation.” A Discount Option may result in
(i) income recognition by Participant prior to the exercise of the option, (ii) an 

  
 -5-

 
additional twenty percent (20%) federal income tax, and (iii) potential penalty and interest charges. The Discount Option may also result in additional state income, penalty and
interest charges to the Participant. Participant acknowledges that the Company cannot and has not guaranteed that the IRS will agree that the per Plan Share exercise price of this Option equals or exceeds the Fair Market Value of a Plan Share on the
Date of Grant in a later examination. Participant agrees that if the IRS determines that the Option was granted with a per Plan Share exercise price that was less than the Fair Market Value of a Plan Share on the date of grant, Participant will be
solely responsible for Participant’s costs related to such a determination. 

8.        Rights as Shareholder.   Neither Participant nor
any person claiming under or through Participant will have any of the rights or privileges of a shareholder of the Company in respect of any Plan Shares deliverable hereunder unless and until certificates representing such Plan Shares will have been
issued, recorded on the records of the Company or its transfer agents or registrars, and delivered to Participant. After such issuance, recordation and delivery, Participant will have all the rights of a shareholder of the Company with respect to
voting such Plan Shares and receipt of dividends and distributions on such Plan Shares. 

9.        No Guarantee of Continued
Service.    PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE VESTING OF PLAN SHARES PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY (OR THE PARENT OR
SUBSIDIARY EMPLOYING OR RETAINING PARTICIPANT) AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THE OPTION OR ACQUIRING PLAN SHARES HEREUNDER. PARTICIPANT FURTHER ACKNOWLEDGES AND AGREES THAT THIS AWARD AGREEMENT, THE TRANSACTIONS CONTEMPLATED
HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND WILL NOT INTERFERE IN ANY WAY WITH
PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY (OR THE PARENT OR SUBSIDIARY EMPLOYING OR RETAINING PARTICIPANT) TO TERMINATE PARTICIPANT’S RELATIONSHIP AS A SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT CAUSE. 

10.     Address for Notices.  Any notice to be given to the Company under the
terms of this Award Agreement will be addressed to the Company, in care of its Chief Executive Officer at BCD Semiconductor Manufacturing Limited, No. 1600 ZiXing Road, Shanghai ZiZhu Science-based Industrial Park 200241, China, or at such
other address as the Company may hereafter designate in writing. 

11.     Non-Transferability of Option.   This Option may not be
transferred in any manner otherwise than by will or by the laws of descent or distribution and may be exercised during the lifetime of Participant only by Participant. 

12.     Binding Agreement.   Subject to the limitation on the
transferability of this grant contained herein, this Award Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto. 

13.     Additional Conditions to Issuance of Plan Shares.   If at any time
the Company will determine, in its discretion, that the listing, registration or qualification of the Plan Shares upon any 

  
 -6-

 
securities exchange or under any state or federal law, or the consent or approval of any governmental regulatory authority is necessary or desirable as a condition to the issuance of Plan Shares
to Participant (or his or her estate), such issuance will not occur unless and until such listing, registration, qualification, consent or approval will have been effected or obtained free of any conditions not acceptable to the Company. The Company
will make all reasonable efforts to meet the requirements of any such state or federal law or securities exchange and to obtain any such consent or approval of any such governmental authority. Assuming such compliance, for income tax purposes the
Exercised Shares will be considered transferred to Participant on the date the Option is exercised with respect to such Exercised Shares. 
 14.     Plan Governs.   This Award Agreement is subject to all terms and provisions of the Plan. In the event of a conflict between one or more provisions of
this Award Agreement and one or more provisions of the Plan, the provisions of the Plan will govern. Capitalized terms used and not defined in this Award Agreement will have the meaning set forth in the Plan. 

15.     Administrator Authority.   The Administrator will have the power
to interpret the Plan and this Award Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the
determination of whether or not any Plan Shares subject to the Option have vested). All actions taken and all interpretations and determinations made by the Administrator in good faith will be final and binding upon Participant, the Company and all
other interested persons. No member of the Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Award Agreement. 

16.     Electronic Delivery.   The Company may, in its sole discretion,
decide to deliver any documents related to Options awarded under the Plan or future options that may be awarded under the Plan by electronic means or request Participant’s consent to participate in the Plan by electronic means. Participant
hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through any on-line or electronic system established and maintained by the Company or another third party designated by the Company. 

17.     Captions.   Captions provided herein are for convenience only and
are not to serve as a basis for interpretation or construction of this Award Agreement. 

18.     Agreement Severable.   In the event that any provision in this
Award Agreement will be held invalid or unenforceable, such provision will be severable from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Award Agreement. 

19.     Modifications to the Agreement.    This Award Agreement
constitutes the entire understanding of the parties on the subjects covered. Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises, representations, or inducements other than those contained
herein. Modifications to this Award Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or this Award Agreement, the Company
reserves the right to revise this Award Agreement as it deems necessary or advisable, in its sole discretion and without the consent of Participant, to comply with Code Section 409A or to otherwise avoid imposition of any additional tax or
income recognition under Section 409A of the Code in connection to this Option. 

  
 -7-

 20.     Amendment, Suspension or Termination of
the Plan.    By accepting this Award, Participant expressly warrants that he or she has received an Option under the Plan, and has received, read and understood a description of the Plan. Participant understands that the Plan
is discretionary in nature and may be amended, suspended or terminated by the Company at any time. 

21.     Governing Law.  This Award Agreement will be governed by the laws of
the State of [California], without giving effect to the conflict of law principles thereof. For purposes of litigating any dispute that arises under this Option or this Award Agreement, the parties hereby submit to and consent to the jurisdiction of
the State of [California], and agree that such litigation will be conducted in the courts of [Santa Clara County, California, or the federal courts for the United States for the Northern District of California], and no other courts, where this
Option is made and/or to be performed. 

  
 -8-

 NON-EMPLOYEE DIRECTOR FORM 

EXHIBIT B 
 BCD SEMICONDUCTOR MANUFACTURING LIMITED 
 2010 EQUITY INCENTIVE PLAN

 EXERCISE NOTICE 
 BCD Semiconductor Manufacturing Limited 
 No. 1600 ZiXing Road 

ZiZhu Science-based Industrial Park 
 Shanghai
200241, China 
 Attention: Chief Executive Officer 
 1.        Exercise of Option.    Effective as of today,
                    ,         , the undersigned (“Purchaser”) hereby elects to
purchase                      Ordinary Shares (the “Shares”) of BCD Semiconductor Manufacturing Limited (the “Company”)
under and pursuant to the 2010 Equity Incentive Plan (the “Plan”) and the Stock Option Award Agreement – Non-Employee Director dated              (the “Award
Agreement”). The purchase price for the Shares will be $                    , as required by the Award Agreement. 

2.        Delivery of Payment.   Purchaser herewith
delivers to the Company the full purchase price of the Plan Shares and any required tax withholding to be paid in connection with the exercise of the Option. 
 3.        Issuance of Shares.   Purchaser hereby agrees to accept Shares upon exercise of the Option or a number of ADSs that equate to the
number of Shares Purchaser is purchasing pursuant to the Option or a combination of both, as the Company determines in its discretion. 
 4.        Representations of Purchaser.   Purchaser acknowledges that Purchaser has received, read and understood the Plan and the Award
Agreement and agrees to abide by and be bound by their terms and conditions. 

5.        Rights as Shareholder.   Until the issuance (as
evidenced by the appropriate entry on the books of the Company or of a duly authorized transfer agent of the Company) of the Plan Shares, no right to vote or receive dividends or any other rights as a shareholder will exist with respect to the Plan
Shares subject to the Option, notwithstanding the exercise of the Option. The Plan Shares so acquired will be issued to Purchaser as soon as practicable after exercise of the Option. No adjustment will be made for a dividend or other right for which
the record date is prior to the date of issuance, except as provided in Section [13] of the Plan. 

 6.        Tax
Consultation.   Purchaser understands that Purchaser may suffer adverse tax consequences as a result of Purchaser’s purchase or disposition of the Plan Shares. Purchaser represents that Purchaser has consulted with any tax
consultants Purchaser deems advisable in connection with the purchase or disposition of the Plan Shares and that Purchaser is not relying on the Company for any tax advice. 

7.        Entire Agreement; Governing Law.  The Plan and Award
Agreement are incorporated herein by reference. This Exercise Notice, the Plan and the Award Agreement constitute the entire agreement of the parties with respect to the subject matter hereof and supersede in their entirety all prior undertakings
and agreements of the Company and Purchaser with respect to the subject matter hereof, and may not be modified adversely to the Purchaser’s interest except by means of a writing signed by the Company and Purchaser. This agreement is governed by
the internal substantive laws, but not the choice of law rules, of the State of [California]. 
  

					
	Submitted by:	 		 	Accepted by:
			
	PURCHASER	 		 	 BCD SEMICONDUCTOR

MANUFACTURING LIMITED

			
	  
	 		 	  

	Signature	 		 	By
			
	  
	 		 	  

	Print Name	 		 	Title
			
	Address:	 		 	
			
	  
	 		 	
			
	  
	 		 	
			
		 		 	  

		 		 	Date Received

  
 -2-

 BCD SEMICONDUCTOR MANUFACTURING LIMITED 

2010 EQUITY INCENTIVE PLAN 
 RESTRICTED SHARE AWARD AGREEMENT 
 Unless otherwise defined
herein, the terms defined in the BCD Semiconductor Manufacturing Limited 2010 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Restricted Share Award Agreement (the “Award Agreement”). 

 

	I.	NOTICE OF RESTRICTED SHARE GRANT 

 Participant Name: 
 Address: 

You have been granted the right to receive an Award of Restricted Shares, subject to the terms and conditions of the Plan
and this Award Agreement, as follows: 
  

					
	Grant Number	 	  
	 	
			
	Date of Grant	 	  
	 	
			
	Vesting Commencement Date	 	  
	 	
			
	Total Number of Shares Granted	 	  
	 	

 Vesting Schedule: 

Subject to any acceleration provisions contained in the Plan or set forth below, the Restricted Shares will vest and the
Company’s right to reacquire the Restricted Shares will lapse in accordance with the following schedule: 

[INSERT VESTING SCHEDULE] 
 By Participant’s signature and the signature of the representative of BCD Semiconductor Manufacturing Limited (the “Company”) below, Participant and the Company agree that this Award of
Restricted Shares is granted under and governed by the terms and conditions of the Plan and this Award Agreement, including the Terms and Conditions of Restricted Share Grant, attached hereto as Exhibit A, all of which are made a part of this
document. Participant has reviewed the Plan and this Award Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Award Agreement and fully understands all provisions of the Plan and Award
Agreement. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan and Award Agreement. Participant further agrees to notify the Company upon
any change in the residence address indicated below. 

  
 -1-

  

					
	PARTICIPANT	 		 	 BCD SEMICONDUCTOR

MANUFACTURING LIMITED

			
	  
	 		 	  

	Signature	 		 	By
			
	  
	 		 	  

	Print Name	 		 	Title
			
	Residence Address:	 		 	
			
	  
	 		 	
			
	  
	 		 	

  
 -2-

 EXHIBIT A 

TERMS AND CONDITIONS OF RESTRICTED SHARE GRANT 

1.        Grant of Restricted Shares.  The Company hereby grants
to the individual named in the Notice of Grant attached as Part I of this Award Agreement (the “Participant”) under the Plan for past services and as a separate incentive in connection with his or her services and not in lieu of any salary
or other compensation for his or her services, an Award of Restricted Shares, subject to all of the terms and conditions in this Award Agreement and the Plan, which is incorporated herein by reference. Subject to Section [18] of the Plan, in the
event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Award Agreement, the terms and conditions of the Plan will prevail. Although the Notice of Grant designates this Award as a right to receive
Shares, the Company may, in its sole discretion, issue an amount of ADSs that equate to the number of Shares issuable hereunder. 
 2.        Escrow of Plan Shares. 
 (a)        All Restricted Shares will, upon execution of this Award Agreement, be delivered and deposited with an escrow holder designated by the Company (the
“Escrow Holder”). The Restricted Shares will be held by the Escrow Holder until such time as the Restricted Shares vest or the date Participant ceases to be a Service Provider. 

(b)        The Escrow Holder will not be liable for any act it may do or omit to
do with respect to holding the Restricted Shares in escrow while acting in good faith and in the exercise of its judgment. 
 (c)        Upon Participant’s termination as a Service Provider for any reason, the Escrow Holder, upon receipt of written notice of such termination, will
take all steps necessary to accomplish the transfer of the unvested Restricted Shares to the Company. Participant hereby appoints the Escrow Holder with full power of substitution, as Participant’s true and lawful attorney-in-fact with
irrevocable power and authority in the name and on behalf of Participant to take any action and execute all documents and instruments, including, without limitation, stock powers which may be necessary to transfer the certificate or certificates
evidencing such unvested Restricted Shares to the Company upon such termination. 

(d)        The Escrow Holder will take all steps necessary to accomplish the
transfer of Restricted Shares to Participant after they vest following Participant’s request that the Escrow Holder do so. 
 (e)        Subject to the terms hereof, Participant will have all the rights of a shareholder with respect to the Plan Shares while they are held in escrow,
including without limitation, the right to vote the Plan Shares and to receive any cash dividends declared thereon. 
 (f)        In the event of any dividend or other distribution (whether in the form of cash, Plan Shares, other securities, or other property), recapitalization,
share split, reverse share split, reorganization, merger, consolidation, split-up, spin-off, combination, repurchase, or exchange of Plan Shares or other securities of the Company, or other change in the corporate

  
 -3-

 
structure of the Company affecting the Plan Shares, the Restricted Shares will be increased, reduced or otherwise changed, and by virtue of any such change Participant will in his or her capacity
as owner of unvested Restricted Shares be entitled to new or additional or different shares, cash or securities (other than rights or warrants to purchase securities); such new or additional or different shares, cash or securities will thereupon be
considered to be unvested Restricted Shares and will be subject to all of the conditions and restrictions which were applicable to the unvested Restricted Shares pursuant to this Award Agreement. If Participant receives rights or warrants with
respect to any unvested Restricted Shares, such rights or warrants may be held or exercised by Participant, provided that until such exercise any such rights or warrants and after such exercise any shares or other securities acquired by the exercise
of such rights or warrants will be considered to be unvested Restricted Shares and will be subject to all of the conditions and restrictions which were applicable to the unvested Restricted Shares pursuant to this Award Agreement. The Administrator
in its absolute discretion at any time may accelerate the vesting of all or any portion of such new or additional shares, cash or securities, rights or warrants to purchase securities or shares or other securities acquired by the exercise of such
rights or warrants. 
 (g)        The Company may instruct the transfer
agent for its Plan Shares to place a legend on the certificates representing the Restricted Shares or otherwise note its records as to the restrictions on transfer set forth in this Award Agreement. 

3.        Vesting Schedule.  Except as provided in
Section 4, and subject to Section 5, the Restricted Shares awarded by this Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Restricted Shares scheduled to vest on a certain date or upon
the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Award Agreement, unless Participant will have been continuously a Service Provider from the Date of Grant until the date such vesting
occurs. 
 4.        Administrator Discretion.  The
Administrator, in its discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested Restricted Shares at any time, subject to the terms of the Plan. If so accelerated, such Restricted Shares will be
considered as having vested as of the date specified by the Administrator. 

5.        Forfeiture upon Termination of Status as a Service
Provider.    Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Shares that have not vested at the time of Participant’s termination as a Service Provider for any reason will be
forfeited and automatically transferred to and reacquired by the Company at no cost to the Company upon the date of such termination and Participant will have no further rights thereunder. Participant will not be entitled to a refund of the price
paid for the Restricted Shares, if any, returned to the Company pursuant to this Section 5. Participant hereby appoints the Escrow Agent with full power of substitution, as Participant’s true and lawful attorney-in-fact with irrevocable
power and authority in the name and on behalf of Participant to take any action and execute all documents and instruments, including, without limitation, stock powers which may be necessary to transfer the certificate or certificates evidencing such
unvested Plan Shares to the Company upon such termination of service. 

  
 -4-

 6.        Death of
Participant.  Any distribution or delivery to be made to Participant under this Award Agreement will, if Participant is then deceased, be made to Participant’s designated beneficiary, or if no beneficiary survives Participant, the
administrator or executor of Participant’s estate. Any such transferee must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the
transfer and compliance with any laws or regulations pertaining to said transfer. 

7.        Withholding of Taxes.    Notwithstanding any
contrary provision of this Award Agreement, no certificate representing the Restricted Shares may be released from the escrow established pursuant to Section 2, unless and until satisfactory arrangements (as determined by the Administrator)
will have been made by Participant with respect to the payment of income, employment and other taxes which the Company determines must be withheld with respect to such Plan Shares. The Administrator, in its sole discretion and pursuant to such
procedures as it may specify from time to time, may permit Participant to satisfy such tax withholding obligation, in whole or in part (without limitation) by (a) paying cash, (b) electing to have the Company withhold otherwise deliverable
Plan Shares having a Fair Market Value equal to the minimum amount required to be withheld, (c) delivering to the Company already vested and owned Plan Shares having a Fair Market Value equal to the amount required to be withheld, or
(d) selling a sufficient number of such Plan Shares otherwise deliverable to Participant through such means as the Company may determine in its sole discretion (whether through a broker or otherwise) equal to the amount required to be withheld.
To the extent determined appropriate by the Company in its discretion, it will have the right (but not the obligation) to satisfy any tax withholding obligations by reducing the number of Plan Shares otherwise deliverable to Participant. If
Participant fails to make satisfactory arrangements for the payment of any required tax withholding obligations hereunder at the time any applicable Plan Shares otherwise are scheduled to vest pursuant to Sections 3 or 4, Participant will
permanently forfeit such Plan Shares and the Plan Shares will be returned to the Company at no cost to the Company. 
 8.        Rights as Shareholder.    Neither Participant nor any person claiming under or through Participant will have any of the rights
or privileges of a shareholder of the Company in respect of any Plan Shares deliverable hereunder unless and until certificates representing such Plan Shares will have been issued, recorded on the records of the Company or its transfer agents or
registrars, and delivered to Participant or the Escrow Agent. Except as provided in Section 2, after such issuance, recordation and delivery, Participant will have all the rights of a shareholder of the Company with respect to voting such Plan
Shares and receipt of dividends and distributions on such Plan Shares. 

9.        No Guarantee of Continued Service.  PARTICIPANT
ACKNOWLEDGES AND AGREES THAT THE VESTING OF THE RESTRICTED SHARES PURSUANT TO THE VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY (OR THE PARENT OR SUBSIDIARY EMPLOYING OR RETAINING PARTICIPANT)
AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THESE RESTRICTED SHARES OR ACQUIRING PLAN SHARES HEREUNDER. PARTICIPANT FURTHER ACKNOWLEDGES AND AGREES THAT THIS AWARD AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE
SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE OF CONTINUED ENGAGEMENT 

  
 -5-

 
AS A SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND WILL NOT INTERFERE IN ANY WAY WITH PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY (OR THE PARENT OR SUBSIDIARY
EMPLOYING OR RETAINING PARTICIPANT) TO TERMINATE PARTICIPANT’S RELATIONSHIP AS A SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT CAUSE. 
 10.        Address for Notices.  Any notice to be given to the Company under the terms of this Award Agreement will be addressed to the Company, in
care of its Chief Executive Officer at BCD Semiconductor Manufacturing Limited, No. 1600 ZiXing Road, Shanghai ZiZhu Science-based Industrial Park 200241, China, or at such other address as the Company may hereafter designate in writing.

 11.        Grant is Not Transferable.  Except to the
limited extent provided in Section 6, the unvested Restricted Shares subject to this grant and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or
otherwise) and will not be subject to sale under execution, attachment or similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of any unvested Restricted Shares subject to this grant, or any right or
privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant and the rights and privileges conferred hereby immediately will become null and void. 

12.        Binding Agreement.  Subject to the limitation on the
transferability of this grant contained herein, this Award Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto. 

13.        Additional Conditions to Release from
Escrow.    The Company will not be required to issue any certificate or certificates for Plan Shares hereunder or release such Plan Shares from the escrow established pursuant to Section 2 prior to fulfillment of all the
following conditions: (a) the admission of such Plan Shares to listing on all stock exchanges on which such class of stock is then listed; (b) the completion of any registration or other qualification of such Plan Shares under any state or
federal law or under the rulings or regulations of the Securities and Exchange Commission or any other governmental regulatory body, which the Administrator will, in its absolute discretion, deem necessary or advisable; (c) the obtaining of any
approval or other clearance from any state or federal governmental agency, which the Administrator will, in its absolute discretion, determine to be necessary or advisable; and (d) the lapse of such reasonable period of time following the date
of grant of the Restricted Shares as the Administrator may establish from time to time for reasons of administrative convenience. 
 14.        Plan Governs.  This Award Agreement is subject to all terms and provisions of the Plan. In the event of a conflict between one or more
provisions of this Award Agreement and one or more provisions of the Plan, the provisions of the Plan will govern. Capitalized terms used and not defined in this Award Agreement will have the meaning set forth in the Plan. 

15.        Administrator Authority.  The Administrator will have
the power to interpret the Plan and this Award Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to,
the determination of whether or not any Restricted Shares have 

  
 -6-

 
vested). All actions taken and all interpretations and determinations made by the Administrator in good faith will be final and binding upon Participant, the Company and all other interested
persons. No member of the Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Award Agreement. 

16.        Electronic Delivery.  The Company may, in its sole
discretion, decide to deliver any documents related to the Restricted Shares awarded under the Plan or future Restricted Shares that may be awarded under the Plan by electronic means or request Participant’s consent to participate in the Plan
by electronic means. Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through any on-line or electronic system established and maintained by the Company or another third party
designated by the Company. 

17.        Captions.  Captions provided herein are for
convenience only and are not to serve as a basis for interpretation or construction of this Award Agreement. 

18.        Agreement Severable.  In the event that any provision
in this Award Agreement will be held invalid or unenforceable, such provision will be severable from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Award Agreement. 

19.        Modifications to the Agreement.    This
Award Agreement constitutes the entire understanding of the parties on the subjects covered. Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises, representations, or inducements other than
those contained herein. Modifications to this Award Agreement or the Plan can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or this Award
Agreement, the Company reserves the right to revise this Award Agreement as it deems necessary or advisable, in its sole discretion and without the consent of Participant, to comply with Section 409A of the Internal Revenue Code of 1986, as
amended (the “Code”) or to otherwise avoid imposition of any additional tax or income recognition under Section 409A of the Code in connection to this Award of Restricted Shares. 

20.        Amendment, Suspension or Termination of the Plan.  By
accepting this Award, Participant expressly warrants that he or she has received an Award of Restricted Shares under the Plan, and has received, read and understood a description of the Plan. Participant understands that the Plan is discretionary in
nature and may be amended, suspended or terminated by the Company at any time. 

21.        Governing Law.  This Award Agreement will be governed
by the laws of the State of [California], without giving effect to the conflict of law principles thereof. For purposes of litigating any dispute that arises under this Award of Restricted Shares or this Award Agreement, the parties hereby submit to
and consent to the jurisdiction of the State of [California], and agree that such litigation will be conducted in the courts of [Santa Clara County, California, or the federal courts for the United States for the Northern District of California],
and no other courts, where this Award of Restricted Shares is made and/or to be performed. 

  
 -7-

 BCD SEMICONDUCTOR MANUFACTURING LIMITED 

2010 EQUITY INCENTIVE PLAN 
 RESTRICTED SHARE UNIT AWARD AGREEMENT 
 Unless otherwise
defined herein, the terms defined in the BCD Semiconductor Manufacturing Limited 2010 Equity Incentive Plan (the “Plan”) will have the same defined meanings in this Restricted Share Unit Award Agreement (the “Award Agreement”).

  

	I.	NOTICE OF RESTRICTED SHARE UNIT GRANT 

 Participant Name: 
 Address: 

You have been granted the right to receive an Award of Restricted Share Units, subject to the terms and conditions of the
Plan and this Award Agreement, as follows: 
  

					
	Grant Number	 	  
	 	
			
	Date of Grant	 	  
	 	
			
	Vesting Commencement Date	 	  
	 	
			
	Number of Restricted Share Units	 	  
	 	

 Vesting Schedule: 

Subject to any acceleration provisions contained in the Plan or set forth below, the Restricted Share Unit will vest in
accordance with the following schedule: 
 [INSERT VESTING SCHEDULE.] 

In the event Participant ceases to be a Service Provider for any or no reason before Participant vests in the Restricted
Share Unit, the Restricted Share Unit and Participant’s right to acquire any Shares hereunder will immediately terminate. 
 By Participant’s signature and the signature of the representative of BCD Semiconductor Manufacturing Limited (the “Company”) below, Participant and the Company agree that this Award of
Restricted Share Units is granted under and governed by the terms and conditions of the Plan and this Award Agreement, including the Terms and Conditions of Restricted Share Unit Grant, attached hereto as Exhibit A, all of which are made a
part of this document. Participant has reviewed the Plan and this Award Agreement in their entirety, has had an opportunity to obtain the advice of counsel prior to executing this Award Agreement and fully understands all provisions of the Plan and
Award Agreement. Participant hereby agrees to accept as binding, conclusive and final all decisions or interpretations of the Administrator upon any questions relating to the Plan and Award Agreement. Participant further agrees to notify the Company
upon any change in the residence address indicated below. 

  
 -1-

  

					
	PARTICIPANT	 		 	 BCD SEMICONDUCTOR

MANUFACTURING LIMITED

			
	  
	 		 	  

	Signature	 		 	By
			
	  
	 		 	  

	Print Name	 		 	Title
			
	Residence Address:	 		 	
			
	  
	 		 	
			
	  
	 		 	

  
 -2-

 EXHIBIT A 

TERMS AND CONDITIONS OF RESTRICTED SHARE UNIT GRANT 

1.        Grant.    The Company hereby grants to the
individual named in the Notice of Grant attached as Part I of this Award Agreement (the “Participant”) under the Plan an Award of Restricted Share Units, subject to all of the terms and conditions in this Award Agreement and the Plan,
which is incorporated herein by reference. Subject to Section [18] of the Plan, in the event of a conflict between the terms and conditions of the Plan and the terms and conditions of this Award Agreement, the terms and conditions of the Plan will
prevail. 
 2.        Company’s Obligation to
Pay.  Each Restricted Share Unit represents the right to receive a Share on the date it vests. Unless and until the Restricted Share Units will have vested in the manner set forth in Section 3, Participant will have no right to
payment of any such Restricted Share Units. Prior to actual payment of any vested Restricted Share Units, such Restricted Share Unit will represent an unsecured obligation of the Company, payable (if at all) only from the general assets of the
Company. Any Restricted Share Units that vest in accordance with Sections 3 or 4 will be paid to Participant (or in the event of Participant’s death, to his or her estate) in whole Shares, subject to Participant satisfying any applicable tax
withholding obligations as set forth in Section 7. Subject to the provisions of Section 4, such vested Restricted Share Units will be paid in Shares as soon as practicable after vesting, but in each such case within the period ending no
later than the date that is two and one-half
(2 1/2) months from the end of the
Company’s tax year that includes the vesting date. Although the Notice of Grant designates this Award as a right to receive Shares, the Company may, in its sole discretion, issue an amount of ADSs that equate to the number of Shares issuable
hereunder. 
 3.        Vesting
Schedule.  Except as provided in Section 4, and subject to Section 5, the Restricted Share Units awarded by this Award Agreement will vest in accordance with the vesting provisions set forth in the Notice of Grant. Restricted
Share Units scheduled to vest on a certain date or upon the occurrence of a certain condition will not vest in Participant in accordance with any of the provisions of this Award Agreement, unless Participant will have been continuously a Service
Provider from the Date of Grant until the date such vesting occurs. 

4.        Administrator Discretion.  The Administrator, in its
discretion, may accelerate the vesting of the balance, or some lesser portion of the balance, of the unvested Restricted Share Units at any time, subject to the terms of the Plan. If so accelerated, such Restricted Share Units will be considered as
having vested as of the date specified by the Administrator. 
 Notwithstanding anything in the Plan or this
Award Agreement to the contrary, if the vesting of the balance, or some lesser portion of the balance, of the Restricted Share Units is accelerated in connection with Participant’s termination as a Service Provider (provided that such
termination is a “separation from service” within the meaning of Section 409A, as determined by the Company), other than due to death, and if (x) Participant is a “specified employee” within the meaning of
Section 409A at the time of such termination as a Service Provider and (y) the payment of such accelerated Restricted Share Units will result in the imposition of additional tax under Section 409A if paid to Participant on or within
the six (6) 

  
 -3-

 
month period following Participant’s termination as a Service Provider, then the payment of such accelerated Restricted Share Units will not be made until the date six (6) months and
one (1) day following the date of Participant’s termination as a Service Provider, unless the Participant dies following his or her termination as a Service Provider, in which case, the Restricted Share Units will be paid in Plan Shares to
the Participant’s estate as soon as practicable following his or her death. It is the intent of this Award Agreement to comply with the requirements of Section 409A so that none of the Restricted Share Units provided under this Award
Agreement or Plan Shares issuable thereunder will be subject to the additional tax imposed under Section 409A, and any ambiguities herein will be interpreted to so comply. For purposes of this Award Agreement, “Section 409A” means
Section 409A of the Code, and any proposed, temporary or final Treasury Regulations and Internal Revenue Service guidance thereunder, as each may be amended from time to time. 

5.        Forfeiture upon Termination of Status as a Service
Provider.    Notwithstanding any contrary provision of this Award Agreement, the balance of the Restricted Share Units that have not vested as of the time of Participant’s termination as a Service Provider for any or no
reason and Participant’s right to acquire any Plan Shares hereunder will immediately terminate. 

6.        Death of Participant.  Any distribution or delivery to
be made to Participant under this Award Agreement will, if Participant is then deceased, be made to Participant’s designated beneficiary, or if no beneficiary survives Participant, the administrator or executor of Participant’s estate. Any
such transferee must furnish the Company with (a) written notice of his or her status as transferee, and (b) evidence satisfactory to the Company to establish the validity of the transfer and compliance with any laws or regulations
pertaining to said transfer. 
 7.        Withholding of
Taxes.    Notwithstanding any contrary provision of this Award Agreement, no certificate representing the Plan Shares will be issued to Participant, unless and until satisfactory arrangements (as determined by the
Administrator) will have been made by Participant with respect to the payment of income, employment and other taxes which the Company determines must be withheld with respect to such Plan Shares. The Administrator, in its sole discretion and
pursuant to such procedures as it may specify from time to time, may permit Participant to satisfy such tax withholding obligation, in whole or in part (without limitation) by (a) paying cash, (b) electing to have the Company withhold
otherwise deliverable Plan Shares having a Fair Market Value equal to the minimum amount required to be withheld, (c) delivering to the Company already vested and owned Plan Shares having a Fair Market Value equal to the amount required to be
withheld, or (d) selling a sufficient number of such Plan Shares otherwise deliverable to Participant through such means as the Company may determine in its sole discretion (whether through a broker or otherwise) equal to the amount required to
be withheld. To the extent determined appropriate by the Company in its discretion, it will have the right (but not the obligation) to satisfy any tax withholding obligations by reducing the number of Plan Shares otherwise deliverable to
Participant. If Participant fails to make satisfactory arrangements for the payment of any required tax withholding obligations hereunder at the time any applicable Restricted Share Units otherwise are scheduled to vest pursuant to Sections 3 or 4,
Participant will permanently forfeit such Restricted Share Units and any right to receive Plan Shares thereunder and the Restricted Share Units will be returned to the Company at no cost to the Company. 

  
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 8.        Rights as
Shareholder.    Neither Participant nor any person claiming under or through Participant will have any of the rights or privileges of a shareholder of the Company in respect of any Plan Shares deliverable hereunder unless and
until certificates representing such Plan Shares will have been issued, recorded on the records of the Company or its transfer agents or registrars, and delivered to Participant. After such issuance, recordation and delivery, Participant will have
all the rights of a shareholder of the Company with respect to voting such Plan Shares and receipt of dividends and distributions on such Plan Shares. 
 9.        No Guarantee of Continued Service.  PARTICIPANT ACKNOWLEDGES AND AGREES THAT THE VESTING OF THE RESTRICTED SHARE UNITS PURSUANT TO THE
VESTING SCHEDULE HEREOF IS EARNED ONLY BY CONTINUING AS A SERVICE PROVIDER AT THE WILL OF THE COMPANY (OR THE PARENT OR SUBSIDIARY EMPLOYING OR RETAINING PARTICIPANT) AND NOT THROUGH THE ACT OF BEING HIRED, BEING GRANTED THIS AWARD OF RESTRICTED
SHARE UNITS OR ACQUIRING PLAN SHARES HEREUNDER. PARTICIPANT FURTHER ACKNOWLEDGES AND AGREES THAT THIS AWARD AGREEMENT, THE TRANSACTIONS CONTEMPLATED HEREUNDER AND THE VESTING SCHEDULE SET FORTH HEREIN DO NOT CONSTITUTE AN EXPRESS OR IMPLIED PROMISE
OF CONTINUED ENGAGEMENT AS A SERVICE PROVIDER FOR THE VESTING PERIOD, FOR ANY PERIOD, OR AT ALL, AND WILL NOT INTERFERE IN ANY WAY WITH PARTICIPANT’S RIGHT OR THE RIGHT OF THE COMPANY (OR THE PARENT OR SUBSIDIARY EMPLOYING OR RETAINING
PARTICIPANT) TO TERMINATE PARTICIPANT’S RELATIONSHIP AS A SERVICE PROVIDER AT ANY TIME, WITH OR WITHOUT CAUSE. 
 10.      Address for Notices.  Any notice to be given to the Company under the terms of this Award Agreement will be addressed to the Company, in care of its
Chief Executive Officer at BCD Semiconductor Manufacturing Limited, No. 1600 ZiXing Road, Shanghai ZiZhu Science-based Industrial Park 200241, China, or at such other address as the Company may hereafter designate in writing. 

11.      Grant is Not Transferable.  Except to the limited extent provided
in Section 6, this grant and the rights and privileges conferred hereby will not be transferred, assigned, pledged or hypothecated in any way (whether by operation of law or otherwise) and will not be subject to sale under execution, attachment
or similar process. Upon any attempt to transfer, assign, pledge, hypothecate or otherwise dispose of this grant, or any right or privilege conferred hereby, or upon any attempted sale under any execution, attachment or similar process, this grant
and the rights and privileges conferred hereby immediately will become null and void. 

12.      Binding Agreement.  Subject to the limitation on the
transferability of this grant contained herein, this Award Agreement will be binding upon and inure to the benefit of the heirs, legatees, legal representatives, successors and assigns of the parties hereto. 

13.      Additional Conditions to Issuance of Plan Shares.   If at
any time the Company will determine, in its discretion, that the listing, registration or qualification of the Plan Shares upon any securities exchange or under any state or federal law, or the consent or approval of any

  
 -5-

 
governmental regulatory authority is necessary or desirable as a condition to the issuance of Plan Shares to Participant (or his or her estate), such issuance will not occur unless and until such
listing, registration, qualification, consent or approval will have been effected or obtained free of any conditions not acceptable to the Company. Where the Company determines that the delivery of the payment of any Plan Shares will violate federal
securities laws or other applicable laws, the Company will defer delivery until the earliest date at which the Company reasonably anticipates that the delivery of Plan Shares will no longer cause such violation. The Company will make all reasonable
efforts to meet the requirements of any such state or federal law or securities exchange and to obtain any such consent or approval of any such governmental authority. 

14.      Plan Governs.    This Award Agreement is subject to all
terms and provisions of the Plan. In the event of a conflict between one or more provisions of this Award Agreement and one or more provisions of the Plan, the provisions of the Plan will govern. Capitalized terms used and not defined in this Award
Agreement will have the meaning set forth in the Plan. 

15.      Administrator Authority.   The Administrator will have the
power to interpret the Plan and this Award Agreement and to adopt such rules for the administration, interpretation and application of the Plan as are consistent therewith and to interpret or revoke any such rules (including, but not limited to, the
determination of whether or not any Restricted Share Units have vested). All actions taken and all interpretations and determinations made by the Administrator in good faith will be final and binding upon Participant, the Company and all other
interested persons. No member of the Administrator will be personally liable for any action, determination or interpretation made in good faith with respect to the Plan or this Award Agreement. 

16.      Electronic Delivery.   The Company may, in its sole
discretion, decide to deliver any documents related to Restricted Share Units awarded under the Plan or future Restricted Share Units that may be awarded under the Plan by electronic means or request Participant’s consent to participate in the
Plan by electronic means. Participant hereby consents to receive such documents by electronic delivery and agrees to participate in the Plan through any on-line or electronic system established and maintained by the Company or another third party
designated by the Company. 
 17.      Captions.   Captions
provided herein are for convenience only and are not to serve as a basis for interpretation or construction of this Award Agreement. 
 18.      Agreement Severable.   In the event that any provision in this Award Agreement will be held invalid or unenforceable, such provision will be
severable from, and such invalidity or unenforceability will not be construed to have any effect on, the remaining provisions of this Award Agreement. 
 19.      Modifications to the Agreement.    This Award Agreement constitutes the entire understanding of the parties on the subjects covered.
Participant expressly warrants that he or she is not accepting this Award Agreement in reliance on any promises, representations, or inducements other than those contained herein. Modifications to this Award Agreement or the

  
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Plan can be made only in an express written contract executed by a duly authorized officer of the Company. Notwithstanding anything to the contrary in the Plan or this Award Agreement, the
Company reserves the right to revise this Award Agreement as it deems necessary or advisable, in its sole discretion and without the consent of Participant, to comply with Section 409A or to otherwise avoid imposition of any additional tax or
income recognition under Section 409A in connection to this Award of Restricted Share Units. 

20.      Amendment, Suspension or Termination of the Plan.   By
accepting this Award, Participant expressly warrants that he or she has received an Award of Restricted Share Units under the Plan, and has received, read and understood a description of the Plan. Participant understands that the Plan is
discretionary in nature and may be amended, suspended or terminated by the Company at any time. 

21.      Governing Law.    This Award Agreement will be governed
by the laws of the State of [California], without giving effect to the conflict of law principles thereof. For purposes of litigating any dispute that arises under this Award of Restricted Share Units or this Award Agreement, the parties hereby
submit to and consent to the jurisdiction of the State of [California], and agree that such litigation will be conducted in the courts of [Santa Clara County, California, or the federal courts for the United States for the Northern District of
[California], and no other courts, where this Award of Restricted Share Units is made and/or to be performed. 

  
 -7-

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