Document:

Form of Holder's Agreement

 EXHIBIT 10.27 
 HOLDER’S AGREEMENT 
 This Holder’s Agreement is made and entered into as of the date set forth next
to the signature of the Holder on page 8 hereof. 
 Between: 
 1.
Firestone Acquisition Holdings Corp., a Delaware corporation (the “Freescale Parent”) and 
 2. (the “Holder”) 

WHEREAS 
 1. Holder currently holds stock options of Freescale that
were granted on or after December 20, 2002 and/or restricted stock units of Freescale that were granted in 2005 or 2006, a list of which is set forth in the “Schedule of your Stock Options and/or Restricted Stock Units” which mentions
the application of a holders’ agreement. The Restricted Stock Units and the Stock Options are governed by the US Master Plans and by the Applicable French Addenda listed in Section 1 herein and have not as of the date of this Agreement
been held for a period of time sufficient for the holder to benefit from the favorable tax and social charges treatment provided for by French law. 
 2. On
September 15, 2006, Freescale Semiconductor, Inc. (“Freescale”) announced that it had entered into a merger agreement to be acquired by a private equity consortium in a transaction with a total equity value of US$17.6 billion,
corresponding to a per share price of US$40 per share (the “Transaction”). It is expected that as a result of the Transaction, there will be no longer be a public market for any Freescale equity instruments. 
 3. Freescale Parent expects to become the direct controlling shareholder of Freescale as a result of the Transaction. 
 4. Considering the potential upcoming delisting of the Freescale shares from the New York Stock Exchange, and the objective to maintain a tax efficient plan for Stock
Options and Restricted Stock Units, subject to completion of the Transaction, Holder is willing to give Freescale Parent an option to purchase, and Freescale Parent is willing to give Holder an option to sell, the shares of stock, fractional shares
of stock, or other equity interests which may arise from Stock Options or Stock Units (the “Shares”), on terms and conditions as more specifically set forth herein. In addition, pursuant to Section 6 of this Agreement, Holder
irrevocably agrees to deposit any and all Shares arising from exercise or vesting of such Stock Options and Restricted Stock Units in a voting trust. 
 THE PARTIES AGREE AS FOLLOWS: 
  

	1.	DEFINITIONS; INTERPRETATION 

  

	 	1.	Agreement means this Holder’s Agreement together with any Schedules, Annexes or Appendices hereto. 

  

	 	2.	Business Day means a day other than a Saturday, a Sunday or a day on which commercial banks are closed for business in Paris, France. 

  

	 	3.	Disability shall have the meaning ascribed to it in Article L.341-4 – 2° & 3° of the French Social security code. 

  

	 	4.	Encumbrance means any and all liens, charges, security interests, options, claims, mortgages, pledges, proxies, voting trusts or agreements, guarantees, usufruct,
other sureties, and any other obligations, understandings or arrangements or other restrictions on title or transfer of any nature whatsoever, other than the voting trust described in Section 6 herein. 

  

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	 	5.	Euro Equivalent of an amount specified in US dollars means, with respect to the exercise of the Put Option or the Call Option in respect of any Shares, the amount in Euros
which can be obtained from the conversion of such US dollar amount based on the US dollar/euro exchange rate as determined and published by the Federal Reserve Bank of New York at 12:00 PM (New York time) on the first day of the Call Option Exercise
Period applicable to such Shares (or, if no exchange rate is published by the Federal Reserve Bank of New York on such day, the last such exchange rate published by the Federal Reserve Bank of New York). 

  

	 	6.	Freescale France means Freescale Semiconducteurs France SAS and Freescale Semiconducteurs Centre de Recherches Crolles SAS. 

  

	 	7.	Freescale Group means Freescale, Freescale Parent, its controlling parent Firestone Holdings (Bermuda) III, Ltd, and any entity that is consolidated under US GAAP rules
with Firestone Holdings (Bermuda) III, Ltd. 

  

	 	8.	French Addenda means the following documents related to Stock Option and/or Restricted Stock Units awards granted to the Holder: 

  

	 	1.	Stock Options - Addendum France dated May 5, 2003 (replacing the French Addendum covering options granted after May 16, 2001); 

  

	 	2.	Stock Options - Addendum France dated May 5, 2003; 

  

	 	3.	Stock Options - Addendum France dated June 18, 2004; 

  

	 	4.	Stock Options - Addendum France dated May 3, 2005; 

  

	 	5.	Restricted Stock Units - Addendum France dated May 3, 2005. 

  

	 	 9.
	 French Tax Holding Period means the holding period generally required for any gains arising from the sale of
Shares to qualify as income from securities, and not employment income, under French tax and social security regulations, that is, under currently applicable law, (i) with respect to Shares arising from the exercise of Stock Options, a period
ending on the fourth (4th) anniversary of the grant of such Stock Options and (ii) with respect to Shares
arising from Restricted Stock Units, a period ending on the second (2nd) anniversary of the Lapse of
Restrictions applicable to such Restricted Stock Units. 

  

	 	10.	IPO of Freescale means, following the completion of the Transaction and the subsequent delisting of Freescale, the admission to trading or re-admission to trading on a
regulated public stock exchange of shares of common stock of Freescale, the Freescale Parent or any entity that controls the Freescale Group and that is controlled by the Consortium. 

  

	 	 11.
	 Lapse of Restrictions means the date on which Holder is entitled to receive Shares in respect of his Restricted
Stock Units, i.e., the second (2nd) anniversary of the grant of such Restricted Stock Units.

  

	 	12.	Party / Parties means the Holder and/or Freescale Parent. 

  

	 	13.	US Master Plans mean the following documents related to Stock Option and/or Restricted Stock Units awards granted to Holders in France 

  

	 	1.	Motorola Omnibus Incentive Plan of 2000; 

  

 2 

	 	2.	Motorola Omnibus Incentive Plan of 2003; 

  

	 	3.	Freescale Semiconductor, Inc Omnibus Incentive Plan of 2004; 

  

	 	4.	Freescale Semiconductor, Inc Omnibus Incentive Plan of 2005. 

  

	 	14.	Variation in Freescale Group Revenues means, with respect to any exercise of the Put Option or the Call Option hereunder, the percentage variation in the audited,
consolidated gross revenue of the Freescale Group between (x) the fiscal year ended on December 31, 2006 and (y) the last fiscal year prior to the opening of the Call Option Exercise Period applicable to such exercise for which
consolidated revenues of the Freescale Group have been published and audited; provided that such variation shall be determined without giving effect to any investments, acquisitions, dispositions, mergers, consolidations and disposed
operations (as determined in accordance with US GAAP) that are made by the Freescale Group during such period (a “Change in Perimeter”). The adjustment for Changes in Perimeter shall be calculated in good faith by Freescale Parent
on a pro forma basis assuming that all relevant investments, acquisitions, dispositions, mergers, consolidations and disposed operations have occurred on the first day of the fiscal year reference period. Annex 2 sets forth an example of calculation
of the Variation in Freescale Group Revenues in these circumstances. 

 The headings contained herein are used for ease of reference only and
shall not control or affect the meaning or the construction of any provision of this Agreement. 
 All terms depicted with a capital letter that are used in
this Agreement but that are not expressly defined herein shall have the same meaning as in the applicable US Master Plans and French Addenda. 
  

	2.	GRANT OF PUT AND CALL OPTION 

 Subject to completion of the
Transaction: 
  

	2.1	the Holder irrevocably and unconditionally agrees and promises to sell the Shares to the Freescale Parent on the terms set forth in this Agreement (the “Call
Option”); and 

  

	2.2	the Freescale Parent irrevocably and unconditionally agrees and promises to purchase the Shares from the Holder, on the terms set forth in this Agreement (the “Put
Option”); provided that the Put Option may be exercised only for all, and not less than all, of the Shares arising from the exercise or the vesting of Stock Options or Restricted Stock Units that have an identical grant date.

  

	3.	PUT AND CALL OPTION PRICE 

  

	3.1	Subject to the provisions of Section 3.2, the purchase price payable to the Holder upon exercise of the Put Option or the Call Option with respect to any Shares arising from
the exercise or the vesting of Stock Options or Restricted Stock Units (the “Put/Call Price”) shall be, net of any withholdings on account of taxes or social charges (other than personal income tax and related social contributions
in the case of natural persons), (i) the Euro Equivalent of the Per Share Consideration, times (ii) the number of Freescale shares of Class A common stock which could be acquired upon the exercise or the vesting of such Stock Options
or Restricted Stock Units if they had become exercisable or vested immediately prior to the completion of the Transaction. For purposes of this Section, “Per Share Consideration” shall mean (a) with respect to the sale and
purchase of Shares arising from Stock Options granted to Holder prior to July 2003, an amount equal to US$40; and (b) with respect to the sale and purchase of Shares arising from other Stock Options or from Restricted Stock Units, an amount
equal to US$40, plus or minus the applicable Variation in Freescale Group Revenues. 

  

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	3.2	In the event of an IPO of Freescale, the Put/Call Price payable with respect to any exercise of the Put Option or the Call Option that takes place after the IPO of Freescale shall
be (i) the Put/Call Price immediately prior to the IPO, determined in accordance with Section 3.1, (ii) plus or minus the variation in the stock price from the date of the IPO until the trading day immediately prior to the opening of
the applicable Call Option Exercise Period. 

  

	3.3	Annex 2 sets forth an example for the determination of the Put/Call Price. 

  

	4.	PUT AND CALL OPTION EXERCISE PERIOD 

  

	4.1	Restrictions on the exercise of Stock Options 

  

	4.1.1	The Parties acknowledge and agree that by virtue of the acceleration clause in the US Master Plans and the French Addenda, the Stock Options will become vested as a result of the
completion of the Transaction. Accordingly, the Holder will retain his or her right to receive Shares upon exercise of the Option if at the time of exercise, Holder is no longer employed with the Freescale Group. 

  

	4.1.2	Subject to completion of the Transaction, Holder hereby agrees (i) not to exercise any Stock Options before the expiry of the French Tax Holding Period applicable to such Stock
Options; and (ii) to exercise Stock Options solely between the expiry date of the French Tax Holding Period applicable to such Stock Options and the date that is 90 days thereafter; provided that Stock Options may also be
exercised early in connection with the retirement, the death or the Disability of the Holder within the meaning of article 91 ter of Annex II to the French Code général des impôts [tax laws] (or any successor law or
regulation applicable to the Stock Options). No Stock Options shall be exercised after the date that is 90 days after the expiry of the French Tax Holding Period. Holder acknowledges and agrees that such covenant is an essential element of Freescale
Parent’s agreement to enter into this Put and Call Agreement, and that a violation of this covenant shall relieve Freescale Parent from any and all obligations under this Agreement, including any obligation under the Put Option. Subject to the
provisions of Section 6 below, the Parties agree that Freescale shall not deliver any Shares upon exercise of Stock Options other than in keeping with this paragraph 4.1.2. 

  

	4.1.3	Holder hereby agrees to immediately notify Freescale Parent of the exercise of any Stock Option. The Parties agree that any exercise of Stock Options shall only become effective
upon the Put/Call Options Closing Date with respect to the Shares arising from such exercise, if a Party exercises the Call Option or the Put Option with respect to such Shares within ten (10) Business Days from the relevant exercise of Stock
Options. In that case, (i) Holder will not have to pay the exercise price for the relevant Stock Options; but (ii) on the Put/Call Options Closing Date, Holder will receive the Put/Call Price for the corresponding Shares in accordance with
Section 5 hereof less the Euro Equivalent of such exercise price; and (iii) Freescale Parent will pay such exercise price to Freescale on behalf of the Holder. A Stock Option Exercise Form will be provided to the Holder to that end.

  

	4.2	Put and Call Option Exercise Period 

  

	 4.2.1
	 The Call Option shall become exercisable (i) with respect to any Shares arising from Stock Options, immediately
upon the Holder’s notification of its exercise of such Stock Options and (ii) with respect to any Shares arising from Restricted Stock Units, at the expiry of the applicable French Tax Holding Period; the Call Option may be exercised at
any time thereafter until the tenth (10th) anniversary of this Agreement (the “Call Option Exercise
Period”). 

  

	 4.2.2
	 The Put Option shall become exercisable (i) with respect to any Shares arising from Stock Options, immediately upon
the Holder’s notification of its exercise of such Stock Options, subject always to compliance with Section 4.1.2; and (ii) with respect to Shares arising from any Restricted Stock Units, at the expiry of the applicable French Tax
Holding Period; the Put Option may be exercised at any time thereafter until the tenth (10th) anniversary of
this Agreement (the “Put Option Exercise Period”). 

  

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	5.	EXERCISE OF PUT/CALL OPTION; PAYMENT OF THE PUT/CALL PRICE 

  

	5.1	For any sale of Shares, the Put Option or the Call Option shall be exercised by delivery of a notice specifying the number, category and exercise price (if applicable) of the Stock
Options and Restricted Stock Units in respect of which the Put Option or the Call Option is being exercised (the “Put/Call Options Notice”). 

  

	5.2	The sale and delivery of the Shares that are the subject of the Put Option or the Call Option and payment therefor (the “Closing”) shall take place no later than
fifteen (15) Business Days after the Put/Call Options Notice (the “Settlement Date”). On the Settlement Date, Freescale Parent shall pay the applicable Put/Call Price to the Holder through a wire transfer of immediately
available funds to the bank account used for the payment of the Holder’s salary (if the Holder is an employee of the Freescale Group at such time) or to such other bank account indicated in writing by Holder to Freescale Parent no later than
five (5) Business Days prior to the payment date; provided that if the Shares that are the subject of the Put Option or the Call Option arise from Stock Options for which Holder has not paid the exercise price in accordance with
Section 4.1.3, payment to the Holder shall be reduced by the Euro Equivalent of the Exercise Price. 

  

	5.3	Holder hereby empowers Freescale Parent, following any exercise of the Call Option or the Put Option, to carry out any and all formalities and take any and all actions which are
required to be carried out or taken, including signing any and all documents on behalf of Holder, to ensure (i) the effective transfer and delivery to Freescale Parent of the Shares that are the subject of the relevant Call Option or Put
Option, and (ii) the payment to Holder of the related Put/Call Price. 

  

	6.	VOTING TRUST 

 Subject to the completion of the Transaction and for
so long as Holder continues to hold Shares arising from the exercising of any Stock Options or Restricted Stock units, Holder hereby consents and agrees that (a) it shall be bound by the terms and conditions of the Voting Trust Agreement to be
entered into between Freescale and Freescale Parent (in its capacity as shareholder and voting trustee), as amended from time to time (the "Voting Trust Agreement") and (b) it shall be considered a “Stockholder” of Freescale
for purposes of the Voting Trust Agreement. Holder hereby consents and agrees that its acceptance of this Holder’s Agreement shall be deemed to constitute a joinder to the Voting Trust Agreement upon the Holder's initial entitlement to Shares
arising from the exercise or vesting of Stock Options and/or Restricted Stock Units. In addition, Holder covenants and agrees to take any and all additional actions necessary as of the date hereof or in the future to effectuate the deposit of Shares
into the voting trust. Holder understands that as a result of the Voting Trust Agreement, all Shares shall be deposited into a voting trust governed by the laws of the State of Delaware, USA, and Freescale Parent, as Trustee, shall have the
exclusive right to exercise, in person or by its nominees or proxies or by written consent, all voting rights and power granted under the Delaware General Corporation Law in respect of all Shares deposited into the voting trust. Holder shall not be
entitled to participate in the shareholders' meetings of Freescale. 
  

	7.	ISSUANCE OF FRACTIONAL SHARES 

 The Parties hereby agree that the
Transaction, and any stock split or other transaction affecting the shares of common stock of Freescale or its capitalization following the Transaction, shall cause Freescale to adjust the number of Shares of Freescale that are required to be
delivered to the Holder upon the vesting or the exercise of a Restricted Stock Unit or a Stock Option. To the extent the adjustment results in less than a whole number of a Share, then to the fullest extent permitted by applicable law, Freescale
shall deliver to the Holder such number of fractional Shares as may result from the then applicable Stock Option or Restricted Stock Unit conversion or exercise ratio. 
  

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	8.	DURATION OF THE AGREEMENT 

 This Agreement shall become effective
upon completion of the Transaction and shall remain in force until the expiry of the Put Option Periods and Call Option Periods relating to all the Shares which arise or may arise from Restricted Stock Units and Stock Options held by Holder. Upon
termination of this Agreement, this Agreement shall become null and void, and no Party shall have any liability to the other Party, except that nothing herein will relieve any Party from liability for any breach of this Agreement prior to such
termination. 
  

	9.	AMENDMENT, TERMINATION 

 This Agreement may not be amended, modified
or supplemented except pursuant to a written instrument signed by both Parties or their permitted assigns. 
  

	10.	REPRESENTATIONS, WARRANTIES AND COVENANTS OF HOLDER 

  

	10.1	Holder represents and warrants to Freescale Parent as follows: 

  

	 	•	 	 Holder is subject to personal income tax in France; 

  

	 	•	 	 as of the date hereof, Holder is the holder of all Stock Options and Restricted Stock Units listed in the “Statement of your Stock Options and/or Restricted
Stock units”, which mentions the application of a holders’ agreement, and holds no other stock options or restricted stock units of Freescale other than (i) stock options granted prior to December 2002 and (ii) restricted stock
units granted prior to 2005; 

  

	 	•	 	 Holder is competent and has all requisite power and authority and has taken all necessary actions in order to execute this Agreement and perform his or her
obligations under this Agreement; 

  

	 	•	 	 this Agreement has been duly executed by Holder and constitutes a legal, valid and binding obligation of Holder, enforceable against Holder in accordance with its
terms except as limited by applicable bankruptcy, insolvency, fraudulent transfer, reorganization, moratorium and other similar laws of general application affecting creditors’ rights generally; 

  

	 	•	 	 neither the execution and delivery of this Agreement nor the consummation by Holder of any of the transactions contemplated herein will result in a violation of, or
a default under, or conflict with, or require any consent, approval or notice under, any contract, trust, commitment, agreement, obligation, understanding, arrangement or restriction of any kind to which Holder is a party or by which Holder is bound
or any applicable law, except for such violations that, individually or in the aggregate, would not materially adversely affect the ability of Holder to consummate the transactions contemplated by this Agreement; 

  

	 	•	 	 Holder will, immediately prior to the exercise of a Put Option or a Call Option, be the legal and beneficial owner of the Shares in respect of which such Put Option
or Call Option is being exercised, and such Shares will at such time be held free and clear of any and all Encumbrances. Upon Closing, subject to payment of the Put/Call Price, Freescale Parent will receive good and valid title to, and ownership of,
all Shares transferred by Holder under the relevant Put/Call Options Notice, free and clear of any and all Encumbrances. 

  

	10.2	The Holder shall not directly or indirectly sell, transfer, assign, exchange, pledge, create any Encumbrance or otherwise dispose of any Stock Options, Restricted Stock Units or
Shares except in accordance with this Agreement. 

  

	11.	NOTICES 

 All notices hereunder shall be deemed to have been
properly given if rendered in writing and delivered personally or sent by facsimile or by registered mail (return receipt requested) to the other Party at the following address (or at such other address as shall be specified by the recipient by like
notice): 
  

	•	 	 if to Holder, to [INSERT ADDRESS] 

  

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	•	 	 if to Freescale Parent, via Freescale Semiconducteurs France SAS, to 

  

	 	•	 	 Freescale Semiconducteurs France SAS – For the attention of the Payroll Department – 134 Avenue du Général Eisenhower – BP 72329 –
31023 Toulouse Cedex 1 – France 

  

	12.	SPECIFIC PERFORMANCE 

 The Parties hereto acknowledge that there
will be no adequate remedy at law for violation of any of the provisions of this Agreement and that, in addition to any other remedies which may be available, all the provisions of this Agreement shall be specifically enforceable in accordance with
their specific terms. 
  

	13.	SEVERABILITY OF PROVISIONS 

 The invalidity or the unenforceability
of any provisions of this Agreement in any jurisdiction shall not affect the validity or enforceability of the remainder of this Agreement, in that jurisdiction or the validity or enforceability of that Agreement, including that provision, in any
other jurisdiction. 
 If any provision of this Agreement is held unlawful or unenforceable in any respect under the applicable laws, for the purposes of
interpreting this Agreement, such provision shall be revised or applied in a manner that renders it lawful and enforceable to the fullest extent possible subject to the constraints imposed by the applicable law. 
  

	14.	THIRD PARTY RIGHTS; ASSIGNMENT; BINDING EFFECT 

  

	14.1	Nothing in this Agreement shall confer any rights upon any person or entity other than the Parties hereto and their respective successors and permitted assigns; except
that the Parties hereby authorize Freescale and Freescale France to rely on this Agreement, including the provisions of Section 4 and Section 7 hereof for purposes of the delivery of Shares upon the exercise of Stock Options.

  

	14.2	Neither the rights nor the obligations of any Party shall be assigned or delegated without the prior written consent of the other Party; provided that Freescale
Parent may assign and delegate any and all of its rights hereunder to Freescale or to any legal entity that is controlled by or controls Freescale. In particular, Freescale Parent may procure that Freescale or any entity that is controlled by or
controls Freescale (i) purchase the Shares in accordance with the Put Option or the Call Option, and/or (ii) pay the Put/Call Price to the Holder in accordance with this Agreement. 

  

	14.3	This Agreement shall take effect to the benefit of and shall be binding upon and enforceable against the Parties hereto and their respective heirs, successors and permitted
assigns. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned by the Holder to a third party, except by will or by the laws of descent and distribution. 

  

	15.	GOVERNING LAW 

 This Agreement and its interpretation shall be
governed by, construed and enforced in accordance with the laws of France, provided that Section 6 relating to the Freescale voting trust shall solely be governed by and construed in accordance with the laws of the State of
Delaware, USA. 
  

	16.	CONSENT TO JURISDICTION 

 The Parties to this Agreement hereby
irrevocably and unconditionally pledge to submit any dispute that may arise in connection with this Agreement, such as concerning its validity, interpretation or performance, and which cannot be resolved amicably, to the exclusive jurisdiction of
the courts of France. 
  

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	17.	COMPLIANCE WITH LEGAL AND TRADING REQUIREMENTS 

 The obligations of
Freescale to issue any Shares shall be subject to all applicable laws, rules and regulations, and to such approvals by any regulatory or governmental agency as may be required. No provisions of this Agreement shall be interpreted or construed to
obligate Freescale or any member of the Freescale Group to register any Stock Options, Restricted Stock Units or Shares. 
 Delivered on
                     
 In two originals

  

							
	  
	 		 	 /s/ Paul C. Schorr IV

	[HOLDER’S NAME]	 		 	Firestone Acquisition Holdings Corp.
		 		 	By:	 	Paul C. Schorr IV, President

  

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 ANNEX: EXAMPLE OF PUT/CALL PRICE DETERMINATION 
 The calculation shown below is provided solely as an example and does not reflect the expectations of any Party as to the variation in the performance of Freescale.

 Assuming Holder holds stock options that were granted on 20 December 2002 and stock options that were granted on 11 May 2005; and each stock
option currently entitles Holder to receive one share of Freescale Class A common stock: 
 Example 1: No Change in Perimeter or IPO of Freescale
occurs. 
 Then Holder will have a right to sell the Shares arising from the exercise of his or her 2002 options starting from December 2006, for a price
equal to the Euro Equivalent of US$40 per stock option. 
 Assuming the consolidated revenues for the Freescale Group are published before May of each year,
and the 2008 consolidated revenues of the Freescale Group are 10% higher than the 2006 consolidated revenues, then Holder will have a right to sell the Shares arising from the exercise of his or her 2005 options starting from May 2009 for a price
equal to the Euro Equivalent of US$40+10%, i.e., the Euro Equivalent of US$44 per option. 
 Conversely, if the consolidated revenues for the Freescale Group
in 2008 are 10% lower than the 2006 consolidated revenues, then the price for the Shares arising from the 2005 options shall be the Euro Equivalent of US$40-10%, i.e., the Euro Equivalent of US$36 per option. 
 Example 2: Only one Change in Perimeter occurs, in June 2008, e.g., Freescale merges with another group that has consolidated 2006 revenues equal to the
consolidated 2006 revenues of the Freescale Group. 
 The 2002 options are treated like in Example 1. 
 Freescale Parent shall provide a good faith calculation of the Variation in Freescale Group Revenues and of the Put/Call Price for the 2005 options, which may consist of
a combination of the Variation in the Freescale Group Revenues prior to the Change in Perimeter and the variation of the new combined group revenues after the Change in Perimeter, e.g., if 2007 pro forma revenues are available for the combined
group: 
  

	•	 	 if the Freescale Group consolidated revenues have increased by 5% between 2006 and 2007, and 

  

	•	 	 if the consolidated revenues of the new combined group have increased by 10% between 2007 (pro forma) and 2008, then: 

  

	•	 	 the price payable for the Shares arising from Holder’s 2005 options may be the Euro Equivalent of US$40+5%+10%, i.e., the Euro Equivalent of US$46.2 per
option. 

  

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 Example 3: An IPO of Freescale occurs in June 2008. 
 The 2002 options are treated like in Example 1. 
 With respect to 2005 options: 
  

	•	 	 if the Freescale Group consolidated revenues have increased by 5% between 2006 and 2007, and 

  

	•	 	 the stock price of Freescale on the market has increased by 15% between the IPO date and the trading day immediately preceding 11 May 2009, then:

  

	•	 	 the price payable for the Shares arising from the Holder’s 2005 options will be the Euro Equivalent of US$40+5%+15%, i.e., the Euro Equivalent of US$48.3 per
option. 

 In all examples above, the exercise price for the stock options will be withheld from the payments to the holder if the Put
Option or the Call Option is exercised concurrently with the exercise of the stock option or within 10 Business Days therefrom. 
  

 10Employment Agreement dated June 18, 2007

 Exhibit 10.1 
 EMPLOYMENT AGREEMENT 
 AGREEMENT (“Agreement”), made at the City of Vancouver, Province of British Columbia,
as of the 18th day of June, 2007, 
 BETWEEN: 
 ELECTRONIC ARTS (CANADA), INC, a corporation with a 
 principal
place of business at 4330 Sanderson in the City of 
 Burnaby, Province of British Columbia 
 (hereinafter referred to as the “Company”) 
 OF THE FIRST PART 
 AND: 
 V. PAUL LEE domiciled and residing in the City of Vancouver, 
 Province of British Columbia 
 (hereinafter referred to as the “Executive”) 
 OF THE SECOND PART 
 WHEREAS: 
 A.        The
Company has directly employed the Executive since a merger in 1991 with Distinctive Software Inc. of which the Executive was a principal shareholder; 
 B.        The Company is restructuring and the Executive’s current position as President of WorldWide Studios is being eliminated. 
 C.        The Company acknowledges that the restructuring would have resulted in the constructive dismissal of the Executive but the Company recognizes the value the
Executive can offer and wishes to continue to employ the Executive in a new capacity; 

 D.        It is expedient to resolve all outstanding matters relating to
the employment of the Executive, and to provide for the basis on which the Executive’s services will be provided to the Company; and 
 E.        The Executive desires to continue such employment and enter into this Agreement. 
 NOW
THEREFORE for the reasons set forth above, and in consideration of the mutual promises and agreements hereinafter set forth, the Company and the Executive agree as follows: 
  

	 1.
	 DEFINITIONS 

  

	 1.1
	 For the purpose of this Agreement the following words or expressions shall mean: 

  

	 	 (a)
	 “Base Salary” shall mean $685,931.00 Canadian per annum or such other higher rate as may be determined from time-to-time by the Company’s
management and approved by its Compensation Committee, in each case payable in the same manner as other comparable employees of the Company 

  

	 	 (b)
	 “Confidential Information” shall mean all information of a confidential or proprietary nature (including, without limiting the generality of the
foregoing, all information related to developments, financial information, marketing information of all names of or lists of clients or distributors) received by the Executive in his capacity as an employee from, through or relating to the Company
and in whatever form (whether oral, written, machine readable or otherwise), which pertains to the Company provided, but shall not include information which: 

  

	 	 (i)
	 is in the public domain, without any fault or responsibility on the Executive’s part; 

  

 - 2 - 

	 	 (ii)
	 is properly within the legitimate possession of the Executive prior to its disclosure hereunder and without any obligation of confidence attaching thereto;

  

	 	 (iii)
	 after disclosure, is lawfully received by the Executive from another Person who is lawfully in possession of such Confidential Information and such other Person was not
restricted from disclosing the said information to the Executive; 

  

	 	 (iv)
	 is independently developed by the Executive through Persons who have not had access to, or knowledge of, the Confidential Information; or 

  

	 	 (v)
	 is approved by the Company for disclosure prior to its actual disclosure. 

  

	 	 (c)
	 “Permitted Uses” shall mean the use of Confidential Information by the Executive in the performance of his duties. 

  

	 	 (d)
	 “Person” shall mean any individual or other entity possessed of juridical personality, including, without limitation, a corporation, company,
co-operative, partnership, trust, unincorporated association, affiliate or Governmental Body; and pronouns when they refer to a Person shall have a similarly extended meaning. 

  

	 2.
	 DUTIES 

  

	 2.1
	 The Executive shall be the Senior Advisor to the Chief Executive. The Executive shall be located in British Columbia, and shall report directly to the Chief Executive
Officer of Electronic Arts Inc. (“CEO”). Duties of the Executive will be at the discretion of the CEO but shall include special projects assigned from time to time as well as providing strategic advice and consulting on a range of matters
including: 

  

 - 3 - 

 i) studio operations/management; ii) product development; iii) mergers and acquisitions; and iv)
training and knowledge sharing. 
  

	 2.2
	 The Executive shall devote his full time (other than as provided for herein) and use his skills and competence to promote the interests of Company and to improve and
extend the business thereof. 

  

	 3.
	 REMUNERATION AND BENEFITS OF EXECUTIVE 

  

	 3.1
	 The remuneration and benefits to be paid to the Executive under this Agreement will be: 

  

	 	 (a)
	 Base Salary; 

  

	 	 (b)
	 At the sole discretion of the CEO and the Compensation Committee of the Company’s Board of Directors, the Executive may qualify to receive a performance bonus. The
determination as to qualification of the Executive for a bonus and the amount to be paid, if any, shall be at the sole discretion of the CEO. 

  

	 	 (c)
	 Continued participation in all health, dental, insurance and other medical benefits programs normally conferred on comparable employees of the Company; and

  

	 	 (d)
	 Continued eligibility to participate in such other benefits as may be determined from time to time by the Company to be conferred on comparable employees of the Company.

  

	 3.2
	 The Executive shall continue to receive four (4) weeks’ vacation per annum (“Vacation”). For clarity, the current Vacation entitlement of the Executive
shall be adjusted to reflect an award of four weeks from October 10, 1995 onward. 

  

 - 4 - 

	 3.3
	 The Company and the Executive acknowledge that as of June 13, 2007 the Executive had accrued 26 days of unused sabbatical time pursuant to the Company’s
Sabbatical Policy (“Sabbatical”). 

  

	 4.
	 REIMBURSEMENT OF EXPENSES 

  

	 4.1
	 The Company shall, upon presentation of itemized receipts, reimburse the Executive for all travelling and other business expenses (including cellular telephone costs,
travel and hotel accommodation) directly and reasonably incurred by the Executive in the performance of his duties. 

  

	 5.
	 TERM 

  

	 5.1
	 Unless earlier terminated in accordance with Section 6, the term of this Agreement (the “Term”) shall commence as of the date hereof and shall end on
June 30, 2009 (“Termination Date”). 

  

	 5.2
	 Other than payments that may be required by Section 10 of this Agreement, payment of any unused Vacation or Sabbatical or reimbursement of expenses properly incurred
to the Termination Date, it is understood and acknowledged by both parties that no further payments including severance in lieu of notice, shall be owing to the Executive as a result of the termination of the Executive’s employment on the
Termination Date. 

  

	 6.
	 TERMINATION PRIOR TO THE TERMINATION DATE 

  

	 6.1
	 Termination Without Cause – Subject to Section 6.4, the Company may peremptorily and without having to show cause terminate this Agreement at any
time by providing the Executive with the following: 

  

	 	 (a)
	 A lump sum payment equal to the total Base Salary owing for the remainder of the Term, less applicable taxes or other withholdings. Other than the lump sum payment
referred to in this provision, and payments that may be 

  

 - 5 - 

	 	 
required by Section 10 of this Agreement, payment of any unused Vacation or Sabbatical and reimbursement of expenses properly incurred to the date of termination
of the Agreement, it is understood and acknowledged by both parties that no further payments including further severance in lieu of notice, shall be owing to the Executive as a result of the termination of the Executive’s employment prior to
the Termination Date. 

  

	 	 (b)
	 Continuation of any extended health and dental benefits to which the Executive is eligible and enrolled at the time of termination for the remainder of the Term. It is
expressly understood by the Parties that this will not include continuation of Long Term Disability insurance or Out of Province Medical insurance, both of which will terminate eight (8) weeks from the date on which termination actually occurs
and cannot be extended. 

  

	 6.2
	 Termination by the Executive - The Executive shall have the right to terminate this Agreement at any time and for any reason. If the Executive elects to
terminate he shall be entitled to the amounts listed below 

  

	 	 (a)
	 If the Executive terminates the Agreement prior to April 4, 2008: 

  

	 	 (i)
	 The Company shall continue to pay the Executive’s Base Salary less applicable taxes or other withholdings in the same manner as if the Executive remained employed
from the actual date of termination until April 4, 2008; 

  

	 	 (ii)
	 On April 4, 2008, the Company shall make a lump sum payment to the Executive equal to the total Base Salary owing for the remainder of the Term, less applicable taxes
or other withholdings; and 

  

	 	 (iii)
	 Continuation of any extended health and dental benefits to which the Executive is eligible and enrolled at the time of termination for the remainder of the Term. It is
expressly understood by the Parties that 

  

 - 6 - 

	 	 
this will not include continuation of Long Term Disability insurance or Out of Province Medical insurance, both of which will terminate eight (8) weeks from date
on which termination actually occurs and cannot be extended. 

  

	 	 (b)
	 If The Executive terminates the Agreement on or after April 4, 2008: 

  

	 	 (i)
	 The Company shall make a lump sum payment to the Executive equal to the total Base Salary owing for the remainder of the Term, less applicable taxes or other withholdings;
and 

  

	 	 (ii)
	 Continuation of any extended health and dental benefits to which the Executive is eligible and enrolled at the time of termination for the remainder of the Term. It is
expressly understood by the Parties that this will not include continuation of Long Term Disability insurance or Out of Province Medical insurance, both of which will terminate eight (8) weeks from date on which termination actually occurs and
cannot be extended. 

  

	 6.3
	 If the Agreement is terminated pursuant to Section 6.2, except for amounts payable under that provision, amounts payable under Section 10 and any unused Vacation
or Sabbatical and reimbursement of expenses properly incurred, no other amount shall be payable to the Executive under this Agreement or because of the Executive’s employment or the termination of the Executive’s employment with the
Company. 

  

	 6.4
	 Vacation/Sabbatical Extension 

 If the Company elects to terminate the Agreement for any reason prior to April 4, 2008, the Executive shall have the right to cease working and request that the actual termination date be extended until the earlier of April 4,
2008 or the expiration of all of his Vacation/Sabbatical. If the Executive elects to terminate the Agreement for 

  

 - 7 - 

 
any reason on or after April 4, 2008, the Executive shall have the right to cease working and request that the actual termination date be extended until the
earlier of the expiration of all of his Vacation/ Sabbatical or until the end of the Term (“Vacation/Sabbatical Extension”). 
  

	 	 (a)
	 The Executive shall be required to make his election to use a Vacation/Sabbatical Extension in writing at the time he elects to terminate the Agreement. The written notice
shall specify the date upon which the Vacation/Sabbatical Extension shall commence (Vacation/Sabbatical Commencement Date). 

  

	 	 (b)
	 If the Executive elects to use a Vacation/Sabbatical Extension he shall not be entitled to any payments other than his Base Salary during the Vacation/Sabbatical
Extension. For clarity, the Executive will not entitled to the payments referred to in Section 10.2 nor will he be entitled to accrue additional Vacation or Sabbatical during the Vacation/Sabbatical Extension. 

  

	 	 (c)
	 At the conclusion of the Vacation/Sabbatical Extension the Company shall: 

  

	 	 (i)
	 make a lump sum payment to the Executive representing his Base Salary from the Vacation Sabbatical Commencement Date to the end of the Term, less applicable taxes or other
withholdings. 

  

	 	 (ii)
	 if applicable, make a lump sum payment to the Executive representing any remaining Vacation/Sabbatical owing to the Executive. 

  

	 	 (d)
	 All duties of loyalty owed to the Company remain in effect during any Vacation/Sabbatical Extension. 

  

 - 8 - 

	 6.5
	 Equity Grants - 

  

	 	 (a)
	 All rights related to stock options or other equity grants (“Equity Grants”) made to the Executive by the Company under any stock option or equity incentive plan
(“Equity Incentive Plan”) shall continue to be governed by the terms and conditions of the Equity Incentive Plan applicable to the particular grant. For clarity, all vesting of Equity Grants will cease immediately upon the earlier of the
expiration of the Term or the date upon which the Agreement is terminated pursuant to Section 6. 

  

	 	 (b)
	 For Equity Grants made after May 1, 2004, there is a special retirement term available to employees who that have at least 10 years of service and where that service
plus the employee’s age is at least 60. As such an employee, the Executive will have 60 months from the termination date to exercise any exercisable Equity Grants made after May 1, 2004. Again the specific terms and conditions of the
relevant Equity Incentive Plan will govern. 

  

	 7.
	 CONFIDENTIAL INFORMATION 

  

	 7.1
	 The Executive shall not use, divulge, sell, transfer, give, circulate, or otherwise distribute to any Person whatsoever or whomsoever, or otherwise make public, any
Confidential Information except in connection with Permitted Uses. 

  

	 7.2          (a)
	 Notwithstanding any provision of this Agreement to the contrary for a period of twenty-four (24) months following termination of this Agreement, the Executive shall
not, at any time, use, discuss, or disclose to any person a trade secret of the Company; or 

  

	 	 (b)
	 In the event the Executive is no longer employed by the Company for any reason whatsoever, the Executive shall not use, divulge, sell, transfer, give, circulate, or
otherwise distribute to any person whatsoever or whomsoever, or otherwise make public, any Confidential Information about the Company or its directors. 

  

 - 9 - 

	 7.3
	 Except when authorized in accordance with the Permitted Uses, under no circumstances shall the Executive reproduce any Confidential Information without the Company’s
prior written consent. All reproductions of Confidential Information shall be governed by this Agreement and shall be treated as Confidential Information hereunder. 

  

	 7.4
	 Confidential Information (including any reproduction) shall remain the sole property of the Company and shall be returned to the Company immediately upon request to this
effect or immediately after the termination of this Agreement. 

  

	 7.5
	 Nothing in this Agreement shall prevent the disclosure of Confidential Information if such disclosure must be made in response to the formal request of a Governmental Body
or is otherwise required under the applicable law;, except that to the extent possible, the Executive shall inform the Company of such request for disclosure in order that the latter may, at the appropriate time and its own expense, decide at the
expense of the Company whether or not to contest that said disclosure. The Executive shall co-operate with the Company in any reasonable efforts to obtain any type of “protective order” or any other remedy or recourse which the Company may
seek to obtain in this regard. 

  

	 8.
	 OBLIGATION OF NON-COMPETITION 

  

	 8.1
	 Until the later of the termination of the Agreement for any reason or April 4, 2008, the Executive shall not, within the geographic territory of North America, serve
as an executive, officer, director, employee or in any advisory capacity with any competitor, in whole or in part, of the Company, either individually or in partnership or jointly or in conjunction with any Person, as principal, agent, shareholder,
trustee or in any other manner whatsoever otherwise carry on or be engaged in or be concerned with any Person, that is a competitor, in whole or in part, of the Company, except as a shareholder holding less than 10% of the outstanding shares of any
such corporation. 

  

 - 10 - 

	 8.2
	 The parties agree that the obligations outlined in Clause 8.1 will survive termination in the event that the Agreement is terminated for any reason prior to April 4,
2008. 

  

	 9.
	 NON-SOLICITATION OF EMPLOYEES 

  

	 9.1
	 Until the later of the termination of the Agreement for any reason or April 4, 2008, the Executive shall not, directly or indirectly recruit, solicit or endeavour to
entice away from the Company any individual who is an employee of or service provider to the Company. 

  

	 9.2
	 The parties agree that the obligations outlined in Clause 9.1 will survive termination in the event that the Agreement is terminated for any reason prior to April 4,
2008. 

  

	 10.
	 NON-COMPETITION AND NON-SOLICITATION PAYMENT 

 

	 10.1
	 If the Executive has fulfilled his obligations, as set out in Sections 8 and 9 of this Agreement, on April 4, 2008 the Company shall make an additional payment to the
Executive of $514,448.28.00 Canadian, less applicable income tax or other required withholdings. Provided the Executive has fulfilled his obligations, as set out in Sections 8 and 9 of this Agreement, the termination of this Agreement for any reason
prior to April 4, 2008 will not affect the obligation of the Company to make to the above noted payment to the Executive. 

  

	 10.2
	 In addition to the payment referred to in Section 10.1, the Company shall make an additional payment to the Executive of $57,160.92 Canadian, less applicable income
tax or other required withholdings, for every month the Agreement remains in effect after April 4, 2008 until the Termination Date. This additional payment shall be contingent upon the Executive continuing to fulfill his obligations as set out
in Sections 8 and 9 of this Agreement. The amounts referenced in this Section 10.2 shall be payable on the first calendar day of each month in respect of the preceding month, commencing May 1, 2008 and ending on the date the Agreement is
terminated by either party for any reason, including expiration of the Term. The 

  

 - 11 - 

	 	 
Executive shall not be entitled to the payments referred to in this Section 10.2 during the period of any Vacation/Sabbatical Extension.

  

	 10.3
	 For clarity the payments referred to in Section 10.1 and 10.2 are in addition to any other payments referred to in this Agreement. 

  

	 11.
	 RECOGNITION 

  

	 11.1
	 The Executive hereby expressly recognizes that Sections 7, 8, and 9 of this Agreement are of the essence of this Agreement, and that the Company would not have entered
into this Agreement without the inclusion of the said Sections. 

  

	 11.2
	 The Executive hereby further recognizes and expressly acknowledges that the Company would be subject to an irreparable prejudice should one or several of the said Sections
be infringed, or should any of the Executive’s obligations thereunder be breached, by the Executive. 

  

	 11.3
	 The Executive hereby recognizes and expressly acknowledges that Sections 7, 8 and 9 grants to the Company only such reasonable protection as is admittedly necessary to
preserve the legitimate interests of the Company. 

  

	 11.4
	 The Executive hereby recognizes Sections 7, 8 and 9, being of the essence hereof, shall be interpreted independently from any other provisions of this Agreement.

  

	 11.5
	 In exchange for receiving the payments and other benefits specified in this Agreement, together with other good and valuable consideration, the Executive expressly agrees
that upon termination of this Agreement, for any reason, he shall have no further claims against the Company arising out of his employment or the cessation of employment with the Company. For clarity this specifically includes but is not limited to
any claim for notice, pay in lieu of notice, wrongful dismissal, severance pay, bonus, interest, or Vacation/Sabbatical pay. 

  

 - 12 - 

	 11.6
	 For the purpose of Sections 7 through 11, “Company” shall mean the Company and any and all related or affiliated corporate entities.

  

	 12.
	 PROPERTY OF THE COMPANY 

  

	 12.1
	 The Executive hereby agrees to return to the Company, immediately upon termination of this Agreement and without making copies or disclosing information relating thereto,
any and all documents, embodiments, equipment, except the Executive shall be entitled to retain his cellular phone number, and other property belonging to the Company. Without restricting the generality of the foregoing, the Executive shall return
all credit cards, identification cards and keys belonging to the Company. 

  

	 13.
	 NOTICES 

  

	 13.1
	 Any notice required or permitted to be given by a party hereto to the other shall be deemed validly given if personally delivered or mailed by registered prepaid post, and
addressed as follows: 

  

	 	 (a)
	 in the case of the Company to: 

 Steve Bene 
 Senior Vice President, Corporate Secretary and General Counsel 
 Electronic Arts 
 209 Redwood Shores Parkway 
 Redwood City, California 
  

	 	 (b)
	 in the case of the Executive to: 

 Paul Lee 
 With a copy to George Burke 
 3000 Royal Centre 
 PO Box 11130 
 1055 West Georgia Street 
 Vancouver British Columbia 
 Canada V6E 3R3 
  

 - 13 - 

 provided that a party hereto may from time to time notify the other of a new address to which
notices to it shall henceforth until further notice be given. Any notice so delivered or so mailed shall be deemed to be effected, if delivered, on the date of its delivery or, if mailed, on the fifth business day following the date of mailing.

  

	 14.
	 ARBITRATION 

  

	 14.1
	 Any dispute or controversy arising out of, relating to, or in connection with this Agreement, or the interpretation, validity, construction, performance, breach, or
termination thereof, shall be settled by binding arbitration before a single arbitrator to be held in Vancouver, British Columbia in accordance with the British Columbia Commercial Arbitration Act. The arbitrator may grant injunctions or
other relief in such dispute or controversy. 

  

	 15.
	 MISCELLANEOUS 

  

	 15.1
	 This Agreement may not be assigned by the either party without prior written approval by the other party. 

  

	 15.2
	 This Agreement is to be governed by the construed and enforced in accordance with the laws of British Columbia and the laws of Canada applicable therein.

  

	 15.3
	 If any provision of this Agreement is invalid, illegal or incapable of being enforced for any reason, all other conditions and provisions of this Agreement shall
nevertheless remain in full force and effect. 

  

 - 14 - 

	 15.4
	 This Agreement constitutes the entire agreement of the parties with respect to the subject matters contemplated herein and supersedes and replaces any previous oral or
written agreement or any provision of any other documents heretofore entered into by them with respect to the subject matter hereof. 

  

 - 15 - 

	 15.5
	 The Executive acknowledges that he has had the opportunity to obtain independent legal advice before signing this Agreement. The Executive further acknowledges and agrees
that he has read this Agreement and fully understands the terms of this Agreement, and further agrees that all such terms are reasonable and that the Executive is signing this Agreement freely, voluntarily and without duress.

 IN WITNESS WHEREOF the parties hereto have executed this Agreement at the place and as of the date first mentioned above.

  

			
	 AUTHORIZED SIGNATORY OF
 ELECTRONIC ARTS
(CANADA), INC.
	 	     )
 )
 )
 )
 )
 )
 )
 )
 )

		 
	 /s/ Stephen G. Bené
  
	 
		
	  
  
  
  
 /s/ V. Paul Lee
	 	 )
 )
 )
 )
 )
 )

	
 V. PAUL LEE
  
	 	 )
 )
 )
 )

		 	

  

 - 16 -

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