Document:

Employment Letter

 Exhibit 10.3 
 

 
 June 24, 2011 
 Richard Chernicoff 
 [address redacted] 
 Dear Rich: 
 I am pleased to offer you a full-time, exempt position with Tessera,
Inc. (the “Company”), as President, Intellectual Property and Microelectronics Division (the “IP Business”), reporting to me as Tessera’s Chief Executive Officer (“CEO”). If you decide to join us, you will receive
an annual salary of $295,000.00, which will be paid in accordance with the Company’s normal payroll procedures. 
 As an employee, you are also eligible to receive certain employee benefits including group medical and dental benefits, participation in the Company’s 401(k) plan as well as other Company sponsored
benefits. You should note that the Company reserves the right to modify salaries and benefits from time to time as it deems necessary. 
 In addition, if you decide to join us, it will be recommended at the first meeting of the Compensation Committee of the Board of Directors of Tessera Technologies, Inc. (“Technologies”)
following your start date that Technologies grant you stock options to purchase an aggregate of 235,000 shares of Technologies common stock and 25,000 restricted stock units. These equity awards shall be subject to the terms and conditions of the
Technologies 2003 Equity Incentive Plan and related equity award agreements, including the vesting requirements set forth therein. Your equity plan is and will continue to be the most employee favorable equity based incentive compensation
arrangement. 
 The Company is excited about your joining and looks forward to a beneficial and fruitful relationship.
Nevertheless, you should be aware that your employment with the Company is for no specified period and constitutes at-will employment. As a result, you are free to resign at any time, for any reason or for no reason. Similarly, the Company is free
to conclude its employment relationship with you at any time, with or without cause, and with or without notice. We request that, in the event of resignation, you give the Company at least two weeks notice. 

The Company will also enter into a Severance Agreement and a Change in Control Severance Agreement with you on terms substantially
equivalent to those offered to other executive officers of the Company. If there is a conflict between those agreements and this letter, those agreements will control. 
 The Company reserves the right to request an investigative consumer report, which may include background investigations and/or reference checks, on all of its potential employees. Your job offer,
therefore, is contingent upon a clearance of such a report and/or reference checks, if any. 
 For purposes of federal
immigration law, you will be required to provide to the Company documentary evidence of your identity and eligibility for employment in the United States. Such documentation must be provided to us within three business days of your date of hire, or
our employment relationship with you may be terminated. 
 We also ask that, if you have not already done so, you disclose to
the Company any and all agreements relating to your prior employment that may affect your eligibility to be employed by the Company or limit the manner in which you may be employed. It is the Company’s understanding that any such agreements
will not prevent you from performing the duties of your position and you represent that such is the case. Moreover, you agree that, during the term of your employment with the Company, you will not engage in any other employment, occupation,
consulting or other business activity directly related to the business in which the Company is now involved or becomes involved during the term of your employment, nor will you engage in any other activities that conflict with your obligations to
the Company. Similarly, you agree not to bring any third party confidential information to the Company, including that of your former employer, and that in performing your duties for the Company you will not in any way utilize any such information.

 As a Company employee, you will be expected to abide by company rules and standards. You
will be specifically required to sign an acknowledgment that you have read and that you understand the Company’s rules of conduct which are included in the Company Handbook. As a condition of your employment, you will also be required to
sign and comply with an Employment, Confidential Information, Invention Assignment and Arbitration Agreement (the “Confidential Information Agreement”), which requires, among other provisions, the assignment of patent rights to any
invention made during your employment at the Company, and non-disclosure of proprietary information. The Confidential Information Agreement also provides that in the event of any dispute or claim relating to or arising out of our employment
relationship, you and the Company agree that all such disputes shall be fully and finally resolved by binding arbitration. The Company consents to your being a member of the board of directors of Unity Semiconductor. Other board or advisor roles
will be subject to the prior approval requirements described in the Company Handbook. 
 To indicate your acceptance of the
Company’s offer, please sign and date this letter in the space provided below. A duplicate copy is enclosed for your records. If you accept our offer, your first day of employment will be July 11, 2011. This letter, along with the
Severance Agreement, Change in Control Severance Agreement and the Confidential Information Agreement, will set forth the terms of your employment with the Company and will supersede any prior representations or agreements, whether written or oral.
This letter, including, but not limited to, its at-will employment provision, may not be modified or amended except by a written agreement signed by an executive officer of the Company and you. This offer of employment will terminate if it is not
accepted, signed and returned by 12:00 PM on Monday, June 27, 2011. 
 Richard, we look forward to your favorable reply and
to working with you at Tessera. 
 Sincerely, 
  

	
	 /s/ Robert Young

	Robert Young
	President & Chief Executive Officer

 Agreed to and accepted: 
  

							
	Signature:	 	 /s/ Richard Chernicoff
	 	Date:	 	 June 27, 2011

	Printed Name:	 	 Richard Chernicoff
	 		 	

 Tessera , Inc.     3025 Orchard Parkway     San Jose, California
95134 
 Phone 408.321.6000     Fax 408.321.2900 

www.tessera.com 

 Attachment 1 

Confidential Information Agreement 
 [Attached] 

 CONFIDENTIAL DISCLOSURE AGREEMENT 

This is an Agreement by and between Richard Chernicoff (hereinafter “Participant”) and Tessera Technologies, Inc. and its Affiliates
(hereinafter “Tessera”). 
 WITNESSETH 
 WHEREAS, Tessera Confidential Information consists of technical, financial, operational and other business information related to (1) chip, module, and wafer level packaging technology;
(2) substrates for use in electronic packaging; (3) embedded components, electromagnetic shielding; (4) thermal management systems (including electro hydrodynamic systems), devices, related components, and measurement methods and
systems for characterization thereof; (5) sockets, connectors, interconnect devices and other electrical contact technology; (6) micro-optical elements, lens design, integrated optical assemblies, integrated electro-optical assemblies, and
image processing methods; (7) embedded technologies and software for image enhancement; and (8) mechanical actuators (including electro-static, electro-magnetic, and microelectromechanical systems (MEMS)) for camera solutions and packaging
methods for mobile imaging applications; and 
 WHEREAS, Tessera is willing to disclose its Confidential Information to Participant, but desires
to protect the confidentiality of the Confidential Information by preventing the unauthorized use and dissemination thereof without Tessera’s consent. 
 NOW, THEREFORE, in consideration of the disclosure of such Confidential Information, the parties agree as follows: 
  

	 	1.	During the term of this agreement Tessera may disclose Confidential Information to the Participant. The Participant shall preserve as confidential and shall not use any
of the Confidential Information obtained from Tessera except as necessary in connection with evaluating an employment relationship with Tessera, and shall not disclose or permit disclosure of any such Confidential Information to any third party
without the prior written permission from Tessera, for a period of three (3) years after the date of expiration or termination of this Agreement. The Participant shall not copy, duplicate, disassemble, modify, reverse engineer or de-compile the
Confidential Information without the prior written consent of Tessera. The Participant shall hold in confidence and protect Tessera’s Confidential Information by using the same degree of care as it would use to protect its own confidential
information, but no less than a reasonable degree of care, to prevent unauthorized use, dissemination, or publication of the Confidential Information. 

  

	 	2.	The Participant shall be bound by the obligations imposed by this Agreement until and except to the extent that such Confidential Information: 

 

	 	(a)	is already known by the Participant at the time of disclosure by Tessera; or 

 

	 	(b)	is a matter of public knowledge at the time of such disclosure through no fault of the Participant; or 

  
 Page 1 of 3

	 	(c)	later becomes a matter of public knowledge through no fault of the Participant or is independently developed by the Participant after such disclosure and without access
to Confidential Information; 

  

	 	(d)	is disclosed to the Participant by a third party (who is under no obligations to Tessera) on a non-confidential basis; or 

 

	 	(e)	is required to be disclosed by the Participant to comply with applicable laws or governmental regulations, provided that the Participant provides prior written notice
of such disclosure to Tessera and takes commercially reasonable and lawful actions to avoid and/or minimize the extent of such disclosure. 

 The Participant has the burden of proving the foregoing exceptions with written documentation. 
  

	 	3.	Nothing in the Agreement shall constitute a waiver or assignment of any patent rights, copyright or trade secret rights in the United States or foreign countries that
Tessera may elect to obtain or enforce on all or portions of such Confidential Information. The Participant does not acquire any rights in the Confidential Information, except the limited right to use the information as described above.

  

	 	4.	The Participant agrees to deliver to Tessera or destroy, upon termination of this Agreement or upon request from Tessera, all documents and materials of any kind
provided to the Participant, including any copies of duplicates thereof, and further any writing, recording, drawing, model, sample, or photograph that describes, depicts, contains, constitutes, reflects, or records any of the Confidential
Information, and all copies thereof. 

  

	 	5.	The term of this agreement will commence on the date of the last signature set forth below (the “Effective Date”) and will automatically terminate two
(2) years after the Effective Date, unless extended in a writing executed by both parties. This agreement may be terminated by either party at any time for any reason prior to this date by delivering written notice to the other party. The
provisions of Paragraph 2 shall survive termination. 

  

	 	6.	This Agreement is made under and shall be construed according to the laws of the Stale of California. 

 

	 	7.	All Confidential Information is provided “AS IS” without any warranty, whether express or implied, as to its accuracy or completeness, its suitability for a
particular purpose or its non· infringement of third party rights. 

  

	 	8.	Participant agrees the damages to Tessera for improper disclosure of Confidential Information will result in irreparable harm to Tessera and that therefore Tessera will
be entitled to equitable relief, including but not limited to injunctive relief. 

  

	 	9.	Participant shall control access to Confidential Information in accordance with all applicable US export laws and regulations. The obligations under this clause shall
survive any termination or expiration of this Agreement. 

  
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	 	10.	This Agreement does not create any agency, partnership, joint venture or any other business relationship between the parties. 

 

	 	11.	The term “Affiliate” shall mean any entity which, directly or indirectly, controls, is controlled by, or is under common control with Tessera Technologies,
Inc. 

  

	 	12.	This Agreement may be executed and exchanged via facsimile or electronically scanned copy, and the executed copy shall have the same force and effect as an original.

  

	 	13.	This Agreement contains the entire understanding between the parties with respect to Confidential Information transferred hereunder and supersedes all prior written or
oral understandings or agreements. 

  

									
	TESSERA TECHNOLOGIES, INC.	 	 	 	PARTICIPANT
					
	By:	 	/s/    Thomas H. Blanco	 		 	By:	 	/s/    Richard Chernicoff
		 	  
	 		 		 	  

					
	Name:	 	Thomas H. Blanco	 	 	 	Name:	 	Richard Chernicoff
					
	Title:	 	Senior Vice President	 		 	Date:	 	June 24, 2011
		 		 		 		 	
					
	Date:	 	June 27, 2011	 		 		 	
		 		 		 		 	

  
 Page 3 of 3Severance Agreement

 Exhibit 10.4 
 SEVERANCE AGREEMENT 
 This Severance Agreement
(“Agreement”) is made effective as of March 28, 2011 (“Effective Date”), by and between Tessera Technologies, Inc., a Delaware corporation (the “Company”), and Farzan
Roohparvar (“Executive”). 
 The parties agree as follows: 

1. Definitions. For purposes of this Agreement, the following terms shall have the following meanings: 

(a) “Board” shall mean the Board of Directors of the Company. 

(b) “Cause” shall mean any of the following: (i) Executive’s gross negligence or willful misconduct in
the performance of his duties to the Company where such gross negligence or willful misconduct has resulted or is likely to result in material damage to the Company or its subsidiaries; (ii) Executive’s willful and habitual neglect of or
failure to perform Executive’s duties of consulting or employment,; (iii) Executive’s commission of any act of fraud or dishonesty with respect to the Company that causes material harm to the Company or is intended to result in
substantial personal enrichment; (iv) Executive’s failure to cooperate with the Company in any investigation or formal proceeding initiated by a governmental authority or otherwise approved by the Board or the Audit Committee of the
Board,; (v) Executive’s conviction of or plea of guilty or nolo contendere to felony criminal conduct; (vi) Executive’s material violation of the Company’s Confidentiality and Proprietary Rights Agreement (as defined
below) or similar agreement that Executive has entered into with the Company; or (vii) Executive’s material breach of any obligation or duty under this Agreement or material violation of any written employment or other written policies
that have previously been furnished to Executive,. 
 (c) “Code” means the Internal Revenue Code of
1986, as amended, and the Treasury Regulations and other interpretive guidance thereunder. 
 (d) “Good
Reason” shall mean the occurrence of any of the following events or conditions without Executive’s written consent: 
 (i) a material diminution in Executive’s authority, duties or responsibilities; not including a narrowing of responsibilities reflecting overall growth in size and complexity of the company;

 (ii) a material diminution in Executive’s base compensation, unless such a reduction is imposed across-the-board to
senior management of the Company; 
 (iii) a material change in the geographic location at which Executive must perform his or
her duties (and the Company and Executive acknowledge and agree that a change in the geographic location at which Executive must perform his or her duties by more than forty-five (45) miles shall constitute a material change for purposes of
this Agreement); or 
 (iv) any other action or inaction that constitutes a material breach by the Company or any successor or
affiliate of its obligations to Executive under this Agreement. 
 Executive must provide written notice to the Company of the
occurrence of any of the foregoing events or conditions which have occurred without Executive’s written consent within ninety (90) days of the occurrence of such event. The Company or any successor or affiliate shall have a period of
thirty (30) days to cure such event or condition after receipt of written notice of such event from Executive. Any 

 voluntary Separation from Service for “Good Reason” following such thirty (30) day cure
period must occur no later than the date that is six (6) months following the initial occurrence of one of the foregoing events or conditions without Executive’s written consent. Executive’s voluntary Separation from Service by reason
of resignation from employment with the Company for Good Reason shall be treated as involuntary. 
 (e) “Performance
Awards” means any Stock Awards granted pursuant to the Company’s performance-based compensation bonus plan or pursuant to any agreement that Executive has entered into with the Company providing for an equity bonus payment or
equity vesting based upon the Executive’s or the Company’s performance. 
 (f) “Permanent
Disability” means Executive’s inability to perform the essential functions of his or her position, with or without reasonable accommodation, for a period of at least 120 consecutive days because of a physical or mental impairment.

 (g) “Separation from Service” means an involuntary separation from service within the meaning of
Section 409A of the Code. 
 (h) “Stock Awards” means all stock options, restricted stock,
restricted stock units and such other awards granted pursuant to the Company’s stock option and equity incentive award plans or agreements and any shares of stock issued upon exercise thereof. 

2. Severance. 
 (a) If Executive has a Separation from Service as a result of Executive’s discharge by the Company without Cause or by reason of Executive’s resignation for Good Reason, Executive shall be
entitled to receive, in lieu of any severance benefits to which Executive may otherwise be entitled under any severance plan or program of the Company, the benefits provided below, which, with respect to clause (ii) and the last sentence of
clause (iii) below, will be payable in a lump sum within ten (10) days following the effective date of Executive’s Release: 
 (i) The Company shall pay to Executive his or her fully earned but unpaid base salary, when due, through the date of Executive’s Separation from Service at the rate then in effect, plus all other
benefits, if any, under any Company group retirement plan, nonqualified deferred compensation plan, equity award plan or agreement (other than any such plan or agreement pertaining to Stock Awards whose treatment is prescribed by
Section 2(a)(iii) below), health benefits plan or other Company group benefit plan to which Executive may be entitled pursuant to the terms of such plans or agreements at the time of Executive’s Separation from Service; 

(ii) Subject to Section 2(c) and Executive’s continued compliance with Section 3, Executive shall be entitled to receive
severance pay in an amount equal to two hundred percent (200%) multiplied by Executive’s annual base salary as in effect immediately prior to the date of Executive’s Separation from Service; 

(iii) Subject to Section 2(c) and Executive’s continued compliance with Section 3, for the period beginning on the date
of Executive’s Separation from Service and ending on the date which is twelve (12) full months following the date of Executive’s Separation from Service (or, if earlier, the date on which the applicable continuation period under the
Consolidated Omnibus Budget Reconciliation Act of 1985, as amended (“COBRA”) expires), the Company shall arrange to provide Executive and his or her eligible dependents who were covered under the Company’s health
insurance plans as of the date of Executive’s Separation from Service with health (including medical and dental) insurance benefits substantially similar to those provided to Executive and his dependents immediately prior to the date of such
Separation from Service. If the Company is not reasonably able to continue 

  
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health insurance benefits coverage under the Company’s insurance plans, the Company shall provide substantially equivalent coverage under other third-party insurance sources. If any of the
Company’s health benefits are self-funded as of the date of Executive’s Separation from Service, instead of providing continued health insurance benefits as set forth above, the Company shall instead pay to Executive an amount equal to
twelve (12) multiplied by the monthly premium Executive would be required to pay for continuation coverage pursuant to the COBRA for Executive and his or her eligible dependents who were covered under the Company’s health plans as of the
date of Executive’s Separation from Service (calculated by reference to the premium as of the date of Separation from Service); and 
 (iv) Subject to Section 2(c) and Executive’s continued compliance with Section 3: 
 (A) The vesting and/or exercisability of each of Executive’s outstanding Stock Awards (other than Performance Awards) providing for an exercise or purchase price equal to or greater the fair
market value, determined as of the date of grant of such Stock Award in accordance with the terms of the applicable plan or agreement, of the shares of stock subject to such Stock Award shall be accelerated as to the number of Stock Awards that
would vest over the twelve (12) month period following the date of Executive’s Separation from Service had Executive remained continuously employed by the Company during such period, with such acceleration to be effective as of the date of
Executive’s Separation from Service. 
 (B) The vesting and/or exercisability of each of Executive’s outstanding
Stock Awards (other than Performance Awards) not providing for an exercise or purchase price at least equal to the fair market value, determined as of the date of grant of such Stock Award in accordance with the terms of the applicable plan or
agreement, of the shares of stock subject to such Stock Award shall be accelerated as to the number of Stock Awards that would vest over the twelve (12) month period following the date of Executive’s Separation from Service had Executive
remained continuously employed by the Company during such period, with such acceleration to be effective as of the date of Executive’s Separation from Service. 
 (C) Nothing in this Section 2(a)(iv) shall be construed to limit any more favorable vesting applicable to Executive’s Stock Awards in the Company’s equity plan(s) and/or the stock award
agreements under which the Stock Awards were granted. The foregoing provisions are hereby deemed to be a part of each Stock Award and to supersede any less favorable provision in any agreement or plan regarding such Stock Award. 

(v) In the event that (A) Executive’s Separation from Service occurs in connection with or following a separation of the
Company’s Imaging & Optics business (the “I&O Business”) from the other businesses of the Company through an initial public offering, merger or other sale transaction, spin-off or a split-off of the I&O
Business, or a combination of some or all of these transactions (collectively, a “Separation Event”), and (B) in connection with or following such Separation Event, Executive is offered employment with the entity
continuing the I&O Business, or any parent or subsidiary thereof, then (1) Executive shall not be entitled to any payments or benefits under this Section 2(a) as a result of such Separation from Service, regardless of the circumstances
of such Separation from Service, (2) any such Separation from Service shall be treated in the same manner as a termination of Executive’s employment under Section 2(b) below for purposes of determining the Company’s financial or
further obligations to Executive upon such termination of employment, and (3) this Agreement shall terminate upon Executive’s Separation from Service 
 (b) Other Terminations. If Executive’s employment is terminated by the Company for Cause, by Executive without Good Reason, or as a result of Executive’s death or Permanent Disability,
the Company shall not have any other or further obligations to Executive under this Agreement (including any financial obligations) except that Executive shall be entitled to receive (i) Executive’s fully 

  
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earned but unpaid base salary, through the date of termination at the rate then in effect, and (ii) all other amounts or benefits to which Executive is entitled under any compensation,
retirement or benefit plan or practice of the Company at the time of termination in accordance with the terms of such plans or practices, including, without limitation, any continuation of benefits required by COBRA or applicable law. In addition,
all vesting of Executive’s unvested Stock Awards previously granted to him by the Company shall cease and none of such unvested Stock Awards shall be exercisable following the date of such termination. The foregoing shall be in addition to, and
not in lieu of, any and all other rights and remedies which may be available to the Company under the circumstances, whether at law or in equity. 
 (c) Release. As a condition to Executive’s receipt of any post-termination benefits pursuant to Section 2(a) above, Executive shall execute and not revoke a general release of all claims
in favor of the Company (the “Release”) in the form substantially similar to that attached hereto as Exhibit A (and any applicable revocation period applicable to such Release shall have expired) within the sixty
(60) day period following the date of Executive’s Separation from Service. 
 (d) Exclusive Remedy. Except as
otherwise expressly required by law (e.g., COBRA) or as specifically provided herein, all of Executive’s rights to salary, severance, benefits, bonuses and other amounts hereunder (if any) accruing after the termination of Executive’s
employment shall cease upon such termination. In the event of a termination of Executive’s employment with the Company, Executive’s sole remedy shall be to receive the payments and benefits described in this Section 2. 

(e) No Mitigation. Except as otherwise provided in Section 2(a)(iii) above, Executive shall not be required to mitigate the
amount of any payment provided for in this Section 2 by seeking other employment or otherwise, nor shall the amount of any payment or benefit provided for in this Section 2 be reduced by any compensation earned by Executive as the result
of employment by another employer or self-employment or by retirement benefits; provided, however, that loans, advances or other amounts owed by Executive to the Company may be offset by the Company against amounts payable to Executive
under this Section 2. 
 (f) Return of the Company’s Property. If Executive’s employment is terminated for
any reason, the Company shall have the right, at its option, to require Executive to vacate his or her offices prior to or on the effective date of termination and to cease all activities on the Company’s behalf. Upon the termination of his or
her employment in any manner, as a condition to Executive’s receipt of any post-termination benefits described in this Agreement, Executive shall immediately surrender to the Company all lists, books and records of, or in connection with, the
Company’s business, and all other property belonging to the Company, it being distinctly understood that all such lists, books and records, and other documents, are the property of the Company. Executive shall deliver to the Company a signed
statement certifying compliance with this Section 2(f) prior to the receipt of any post-termination benefits described in this Agreement. 
 (g) Best Pay Provision. 
 (i) If any payment or benefit Executive
would receive under this Agreement, when combined with any other payment or benefit Executive receives pursuant to the termination of Executive’s employment with the Company (“Payment”), would (A) constitute a
“parachute payment” within the meaning of Section 280G of the Code, and (B) but for this sentence, be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), then such
Payment shall be either (1) the full amount of such Payment or (2) such lesser amount (with cash payments being reduced before stock option compensation) as would result in no portion of the Payment being subject to the Excise Tax,
whichever of the foregoing amounts, taking into account the applicable federal, state and local employment taxes, income taxes, and the Excise Tax, results in Executive’s receipt, on an after-tax basis, of the greater amount of the Payment
notwithstanding that all or some portion of the Payment may be subject to the Excise Tax. 

  
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 (ii) All determinations required to be made under this Section 2(g), including
whether and to what extent the Payments shall be reduced and the assumptions to be utilized in arriving at such determination, shall be made by the nationally recognized certified public accounting firm used by the Company immediately prior to the
effective date of the Change in Control or, if such firm declines to serve, such other nationally recognized certified public accounting firm as may be designated by the Company (the “Accounting Firm”). The Accounting
Firm shall provide detailed supporting calculations both to Executive and the Company at such time as is requested by the Company. All fees and expenses of the Accounting Firm shall be borne solely by the Company. Any determination by the
Accounting Firm shall be binding upon Executive and the Company. For purposes of making the calculations required by this Section 2(g), the Accounting Firm may make reasonable assumptions and approximations concerning applicable taxes and
may rely on reasonable, good-faith interpretations concerning the application of Sections 280G and 4999 of the Code. 
 3.
Confidentiality and Proprietary Rights. Executive and the Company have executed the Company’s Employee Proprietary Information and Inventions Agreement, a copy of which is attached to this Agreement as Exhibit B and incorporated
herein by reference. The Company shall be entitled to cease all severance payments and benefits to Executive in the event of his or his or her material breach of this Section 3. 

4. Agreement to Arbitrate. Any dispute, claim or controversy based on, arising out of or relating to
Executive’s employment or this Agreement shall be settled by final and binding arbitration in San Jose, California, before a single neutral arbitrator in accordance with the National Rules for the Resolution of Employment Disputes (the
“Rules”) of the American Arbitration Association (“AAA”), and judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction. Arbitration may be compelled pursuant to
the California Arbitration Act (Code of Civil Procedure §§ 1280 et seq.). If the parties are unable to agree upon an arbitrator, one shall be appointed by the AAA in accordance with its Rules. Each party shall pay the fees of its
own attorneys, the expenses of its witnesses and all other expenses connected with presenting its case; provided, however, Executive and the Company agree that, to the extent permitted by law, the arbitrator may, in his or her
discretion, award reasonable attorneys’ fees to the prevailing party; provided, further, that the prevailing party shall be reimbursed for such fees, costs and expenses within forty-five (45) days following any such award,
but in no event later than the last day of the Executive’s taxable year following the taxable year in which the fees, costs and expenses were incurred; provided, further, that the parties’ obligations pursuant to this
sentence shall terminate on the tenth
(10th) anniversary of the date of Executive’s
termination of employment. Other costs of the arbitration, including the cost of any record or transcripts of the arbitration, AAA’s administrative fees, the fee of the arbitrator, and all other fees and costs, shall be borne by the Company.
This Section 4 is intended to be the exclusive method for resolving any and all claims by the parties against each other for payment of damages under this Agreement or relating to Executive’s employment; provided, however,
that neither this Agreement nor the submission to arbitration shall limit the parties’ right to seek provisional relief, including without limitation injunctive relief, in any court of competent jurisdiction pursuant to California Code of Civil
Procedure § 1281.8 or any similar statute of an applicable jurisdiction. Seeking any such relief shall not be deemed to be a waiver of such party’s right to compel arbitration. Both Executive and the Company expressly waive their right to
a jury trial. 
 5. At-Will Employment Relationship. Executive’s employment with the Company is at-will and not for
any specified period and may be terminated at any time, with or without Cause or advance notice, by either Executive or the Company. Any change to the at-will employment relationship must be by specific, written agreement signed by Executive and an
authorized representative of the Company. Nothing in this Agreement is intended to or should be construed to contradict, modify or alter this at-will relationship. 

  
 5 

 6. General Provisions. 

6.1 Successors and Assigns. The rights of the Company under this Agreement may, without the consent of Executive, be assigned by
the Company, in its sole and unfettered discretion, to any person, firm, corporation or other business entity which at any time, whether by purchase, merger or otherwise, directly or indirectly, acquires all or substantially all of the assets or
business of the Company. The Company will require any successor (whether direct or indirect, by purchase, merger or otherwise) to all or substantially all of the business or assets of the Company expressly to assume and to agree to perform this
Agreement in the same manner and to the same extent that the Company would be required to perform it if no such succession had taken place; provided, however, that no such assumption shall relieve the Company of its obligations
hereunder; provided, further, that the failure of any such successor to so assume this Agreement shall constitute a material breach of this Agreement. As used in this Agreement, the “Company” shall mean the
Company as hereinbefore defined and any successor to its business and/or assets as aforesaid which assumes and agrees to perform this Agreement by operation of law or otherwise. Executive shall not be entitled to assign any of Executive’s
rights or obligations under this Agreement. This Agreement shall inure to the benefit of and be enforceable by Executive’s personal or legal representatives, executors, administrators, successors, heirs, distributees, devisees and legatees.

 6.2 Severability. In the event any provision of this Agreement is found to be unenforceable by an arbitrator or court
of competent jurisdiction, such provision shall be deemed modified to the extent necessary to allow enforceability of the provision as so limited, it being intended that the parties shall receive the benefit contemplated herein to the fullest extent
permitted by law. If a deemed modification is not satisfactory in the judgment of such arbitrator or court, the unenforceable provision shall be deemed deleted, and the validity and enforceability of the remaining provisions shall not be affected
thereby. 
 6.3 Interpretation; Construction. The headings set forth in this Agreement are for convenience only and shall
not be used in interpreting this Agreement. This Agreement has been drafted by legal counsel representing the Company, but Executive has participated in the negotiation of its terms. Furthermore, Executive acknowledges that Executive has had an
opportunity to review and revise the Agreement and have it reviewed by legal counsel, if desired, and, therefore, the normal rule of construction to the effect that any ambiguities are to be resolved against the drafting party shall not be employed
in the interpretation of this Agreement. Either party’s failure to enforce any provision of this Agreement shall not in any way be construed as a waiver of any such provision, or prevent that party thereafter from enforcing each and every other
provision of this Agreement. 
 6.4 Governing Law and Venue. This Agreement will be governed by and construed in
accordance with the laws of the United States and the State of California applicable to contracts made and to be performed wholly within such State, and without regard to the conflicts of laws principles thereof. Any suit brought hereon shall be
brought in the state or federal courts sitting in Santa Clara County, California, the Parties hereby waiving any claim or defense that such forum is not convenient or proper. Each party hereby agrees that any such court shall have in personam
jurisdiction over it and consents to service of process in any manner authorized by California law. 
 6.5 Notices. Any
notice required or permitted by this Agreement shall be in writing and shall be delivered as follows with notice deemed given as indicated: (a) by personal delivery when delivered personally; (b) by overnight courier upon written
verification of receipt; (c) by telecopy or facsimile transmission upon acknowledgment of receipt of electronic transmission; or (d) by certified or registered mail, return receipt requested, upon verification of receipt. Notice shall be
sent to Executive at the address set forth below and to the Company at its principal place of business, or such other address as either party may specify in writing. 

  
 6 

 6.6 Survival. Sections 1 (“Definitions”), 2 (“Severance”), 3
(“Confidentiality and Proprietary Rights”), 4 (“Agreement to Arbitrate”) and 6 (“General Provisions”) of this Agreement shall survive termination of Executive’s employment by the Company. 

6.7 Entire Agreement. This Agreement and the Company Confidentiality and Proprietary Rights Agreement incorporated herein by
reference together constitute the entire agreement between the parties in respect of the subject matter contained herein and therein and supersede all prior or simultaneous representations, discussions, negotiations, and agreements, whether written
or oral, including, without limitation, the offer letter executed by the Company and Executive in connection with Executive’s commencement of employment with the Company. This Agreement may be amended or modified only with the written consent
of Executive and an authorized representative of the Company. No oral waiver, amendment or modification will be effective under any circumstances whatsoever. 
 6.8 Code Section 409A Exempt. 
 (a) This
Agreement is not intended to provide for any deferral of compensation subject to Section 409A of the Code, and, accordingly, the severance payments payable under Section 2(a)(ii) and the last sentence of Section 2(a)(iii), if
applicable, shall be paid no later than the later of: (i) the fifteenth (15th) day of the third month following Executive’s first taxable year in which such severance benefit is no longer subject to a substantial risk of forfeiture, and (ii) the fifteenth (15th) day of the third month following first taxable year of the
Company in which such severance benefit is no longer subject to substantial risk of forfeiture, as determined in accordance with Code Section 409A and any Treasury Regulations and other guidance issued thereunder. To the extent applicable, this
Agreement shall be interpreted in accordance with Code Section 409A and Department of Treasury regulations and other interpretive guidance issued thereunder. 
 (b) If the Executive is a “specified employee” (as defined in Section 409A of the Code), as determined by the Company in accordance with Section 409A of the Code, on the date of the
Executive’s Separation from Service, to the extent that the payments or benefits under this Agreement are subject to Section 409A of the Code and the delayed payment or distribution of all or any portion of such amounts to which Executive
is entitled under this Agreement is required in order to avoid a prohibited distribution under Section 409A(a)(2)(B)(i) of the Code, then such portion deferred pursuant to this Section 6.8(b) shall be paid or distributed to Executive in a
lump sum on the earlier of (i) the date that is six (6)-months following Executive’s Separation from Service, (ii) the date of Executive’s death or (iii) the earliest date as is permitted under Section 409A of the Code.
Any remaining payments due under the Agreement shall be paid as otherwise provided herein. 
 6.9 Consultation with Legal and
Financial Advisors. By executing this Agreement, Executive acknowledges that this Agreement confers significant legal rights, and may also involve the waiver of rights under other agreements; that the Company has encouraged Executive to
consult with Executive’s personal legal and financial advisors; and that Executive has had adequate time to consult with Executive’s advisors before executing this Agreement. 

6.10 Counterparts. This Agreement may be executed in multiple counterparts, each of which shall be deemed an original but all of
which together shall constitute one and the same instrument. 
 (Signature Page Follows) 

  
 7 

 THE PARTIES TO THIS AGREEMENT HAVE READ THE FOREGOING AGREEMENT AND FULLY UNDERSTAND EACH
AND EVERY PROVISION CONTAINED HEREIN. WHEREFORE, THE PARTIES HAVE EXECUTED THIS AGREEMENT ON THE DATES SHOWN BELOW. 
  

					
	 	  	 TESSERA TECHNOLOGIES, INC.

			
	Dated: May 31, 2011	  	By:	  	 /s/ Robert Young

		  	Name:	  	Robert Young
		  	Title:	  	President and Chief Executive Officer
		
		  	EXECUTIVE
		
	Dated: May 31, 2011	  	/s/ Farzan Roohparvar
		  	Farzan Roohparvar
		
		  	Address: [address redacted]

  
 8 

 EXHIBIT A 
 GENERAL RELEASE OF CLAIMS 
 [The language in this Release may
change based on legal developments and evolving best practices; this form is provided as an example of what will be included in the final Release document.] 
 This General Release of Claims (“Release”) is entered into as of this     day of             ,
        , between             (“Executive”), and Tessera Technologies, Inc., a Delaware corporation (the
“Company”) (collectively referred to herein as the “Parties”). 
 WHEREAS,
Executive and the Company are parties to that certain Severance Agreement effective as of March 28, 2011 (the “Agreement”); 
 WHEREAS, the Parties agree that Executive is entitled to certain severance benefits under the Agreement, subject to Executive’s execution of this Release; and 

WHEREAS, the Company and Executive now wish to fully and finally to resolve all matters between them. 

NOW, THEREFORE, in consideration of, and subject to, the severance benefits payable to Executive pursuant to the Agreement, the adequacy
of which is hereby acknowledged by Executive, and which Executive acknowledges that he or she would not otherwise be entitled to receive, Executive and the Company hereby agree as follows: 

1. General Release of Claims by Executive. 
 (a) Executive, on behalf of himself or herself and his or her executors, heirs, administrators, representatives and assigns, hereby agrees to release and forever discharge the Company and all
predecessors, successors and their respective parent corporations, affiliates, related, and/or subsidiary entities, and all of their past and present investors, directors, shareholders, officers, general or limited partners, employees, attorneys,
agents and representatives, and the employee benefit plans in which Executive is or has been a participant by virtue of his or her employment with or service to the Company (collectively, the “Company Releasees”), from any
and all claims, debts, demands, accounts, judgments, rights, causes of action, equitable relief, damages, costs, charges, complaints, obligations, promises, agreements, controversies, suits, expenses, compensation, responsibility and liability of
every kind and character whatsoever (including attorneys’ fees and costs), whether in law or equity, known or unknown, asserted or unasserted, suspected or unsuspected (collectively, “Claims”), which Executive has or may
have had against such entities based on any events or circumstances arising or occurring on or prior to the date hereof or on or prior to the date hereof, arising directly or indirectly out of, relating to, or in any other way involving in any
manner whatsoever Executive’s employment by or service to the Company or the termination thereof, including any and all claims arising under federal, state, or local laws relating to employment, including without limitation claims of wrongful
discharge, breach of express or implied contract, fraud, misrepresentation, defamation, or liability in tort, and claims of any kind that may be brought in any court or administrative agency including, without limitation, claims under Title VII of
the Civil Rights Act of 1964, as amended, 42 U.S.C. Section 2000, et seq.; the Americans with Disabilities Act, as amended, 42 U.S.C. § 12101 et seq.; the Rehabilitation Act of 1973, as amended,
29 U.S.C. § 701 et seq.; the Civil Rights Act of 1866, and the Civil Rights Act of 1991; 42 U.S.C. Section 1981, et seq.; the Age Discrimination in Employment Act, as amended, 29 U.S.C.
Section 621, et seq. (the “ADEA”); the Equal Pay Act, as amended, 29 U.S.C. Section 206(d); regulations of the 

 
Office of Federal Contract Compliance, 41 C.F.R. Section 60, et seq.; the Family and Medical Leave Act, as amended, 29 U.S.C. § 2601
et seq.; the Fair Labor Standards Act of 1938, as amended, 29 U.S.C. § 201 et seq.; the Employee Retirement Income Security Act, as amended, 29 U.S.C. § 1001 et seq.; and the
California Fair Employment and Housing Act, California Government Code Section 12940, et seq. 

Notwithstanding the generality of the foregoing, Executive does not release the following claims: 

(i) Claims for unemployment compensation or any state disability insurance benefits pursuant to the terms of applicable
state law; 
 (ii) Claims for workers’ compensation insurance benefits under the terms of any worker’s
compensation insurance policy or fund of the Company; 
 (iii) Claims pursuant to the terms and conditions of the
federal law known as COBRA; 
 (iv) Claims for indemnity under the bylaws of the Company, as provided for by
California law or under any applicable insurance policy with respect to Executive’s liability as an employee, director or officer of the Company; 
 (v) Claims based on any right Executive may have to enforce the Company’s executory obligations under the Agreement; and 

(vi) Claims Executive may have to vested or earned compensation and benefits. 

(b) EXECUTIVE ACKNOWLEDGES THAT HE OR SHE HAS BEEN ADVISED OF AND IS FAMILIAR WITH THE PROVISIONS OF CALIFORNIA CIVIL CODE SECTION 1542,
WHICH PROVIDES AS FOLLOWS: 
 “A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT
TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH, IF KNOWN BY HIM OR HER, MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR.” 

BEING AWARE OF SAID CODE SECTION, EXECUTIVE HEREBY EXPRESSLY WAIVES ANY RIGHTS HE OR SHE MAY HAVE THEREUNDER, AS WELL AS UNDER ANY OTHER
STATUTES OR COMMON LAW PRINCIPLES OF SIMILAR EFFECT. 
 (c) Executive acknowledges that this Release was presented to him or her
on the date indicated above and that Executive is entitled to have twenty-one (21) days’ time in which to consider it. Executive further acknowledges that the Company has advised him or her that he or she is waiving his or her rights under
the ADEA, and that Executive should consult with an attorney of his or her choice before signing this Release, and Executive has had sufficient time to consider the terms of this Release. Executive represents and acknowledges that if Executive
executes this Release before twenty-one (21) days have elapsed, Executive does so knowingly, voluntarily, and upon the advice and with the approval of Executive’s legal counsel (if any), and that Executive voluntarily waives any remaining
consideration period. 
 (d) Executive understands that after executing this Release, Executive has the right to revoke it
within seven (7) days after his or her execution of it. Executive understands that this Release will not become effective and enforceable unless the seven (7) day revocation period passes and 

  
 2 

 
Executive does not revoke the Release in writing. Executive understands that this Release may not be revoked after the seven (7) day revocation period has passed. Executive also understands
that any revocation of this Release must be made in writing and delivered to the Company at its principal place of business within the seven (7) day period. 

(e) Executive understands that this Release shall become effective, irrevocable, and binding upon Executive on the
eighth (8th) day after his or her execution of it, so
long as Executive has not revoked it within the time period and in the manner specified in clause (d) above. Executive further understands that Executive will not be given any severance benefits under the Agreement unless this Release is
effective on or before the date that is sixty (60) days following the date of Executive’s termination of employment. 

2. No Assignment. Executive represents and warrants to the Company Releasees that there has been no assignment or other transfer
of any interest in any Claim that Executive may have against the Company Releasees. Executive agrees to indemnify and hold harmless the Company Releasees from any liability, claims, demands, damages, costs, expenses and attorneys’ fees incurred
as a result of any such assignment or transfer from Executive. 
 3. Severability. In the event any provision of this
Release is found to be unenforceable by an arbitrator or court of competent jurisdiction, such provision shall be deemed modified to the extent necessary to allow enforceability of the provision as so limited, it being intended that the parties
shall receive the benefit contemplated herein to the fullest extent permitted by law. If a deemed modification is not satisfactory in the judgment of such arbitrator or court, the unenforceable provision shall be deemed deleted, and the validity and
enforceability of the remaining provisions shall not be affected thereby. 
 4. Interpretation; Construction. The
headings set forth in this Release are for convenience only and shall not be used in interpreting this Agreement. This Release has been drafted by legal counsel representing the Company, but Executive has participated in the negotiation of its
terms. Furthermore, Executive acknowledges that Executive has had an opportunity to review and revise the Release and have it reviewed by legal counsel, if desired, and, therefore, the normal rule of construction to the effect that any ambiguities
are to be resolved against the drafting party shall not be employed in the interpretation of this Release. Either party’s failure to enforce any provision of this Release shall not in any way be construed as a waiver of any such provision, or
prevent that party thereafter from enforcing each and every other provision of this Release. 
 5. Governing Law and
Venue. This Release will be governed by and construed in accordance with the laws of the United States of America and the State of California applicable to contracts made and to be performed wholly within such State, and without regard to the
conflicts of laws principles thereof. Any suit brought hereon shall be brought in the state or federal courts sitting in Santa Clara County, California, the Parties hereby waiving any claim or defense that such forum is not convenient or proper.
Each party hereby agrees that any such court shall have in personam jurisdiction over it and consents to service of process in any manner authorized by California law. 
 6. Entire Agreement. This Release and the Agreement constitute the entire agreement of the Parties in respect of the subject matter contained herein and therein and supersede all prior or
simultaneous representations, discussions, negotiations and agreements, whether written or oral. This Release may be amended or modified only with the written consent of Executive and an authorized representative of the Company. No oral waiver,
amendment or modification will be effective under any circumstances whatsoever. 

  
 3 

 7. Counterparts. This Release may be executed in multiple counterparts, each of which
shall be deemed to be an original but all of which together shall constitute one and the same instrument. 
 (Signature Page
Follows) 

  
 4 

 IN WITNESS WHEREOF, and intending to be legally bound, the Parties have executed the
foregoing Release as of the date first written above. 
  

					
	EXECUTIVE	 		 	TESSERA TECHNOLOGIES, INC.
			
	  
	 	By:	 	  

	Print Name: Farzan Roohparvar	 	Print Name:	 	  

		 	Title:	 	  

  

 EXHIBIT B 
 COMPANY EMPLOYEE PROPRIETARY INFORMATION AND INVENTIONS 

AGREEMENT 
 [Attached] 

 TESSERA, INC. 
 EMPLOYMENT, CONFIDENTIAL INFORMATION, 
 INVENTION ASSIGNMENT AND
ARBITRATION AGREEMENT 
 As a condition of my employment with Tessera, Inc., a Delaware corporation, its subsidiaries,
affiliates, successors or assigns (together the “Company”), and in consideration of the compensation now and hereafter paid to me by Company, the undersigned hereby agree as follows: 

1. AT-WILL EMPLOYMENT. I UNDERSTAND AND ACKNOWLEDGE THAT MY EMPLOYMENT WITH THE COMPANY IS FOR AN UNSPECIFIED DURATION AND
CONSTITUTES “AT-WILL” EMPLOYMENT. I ALSO UNDERSTAND AND ACKNOWLEDGE THAT ANY REPRESENTATION TO THE CONTRARY IS UNAUTHORIZED AND NOT VALID UNLESS OBTAINED IN WRITING AND SIGNED BY THE PRESIDENT OF THE COMPANY UPON DUE AUTHORIZATION FROM THE
BOARD OF DIRECTORS OF THE COMPANY. I FURTHER UNDERSTAND AND ACKNOWLEDGE THAT MY EMPLOYMENT WITH THE COMPANY MAY BE TERMINATED AT ANY TIME, WITH OR WITHOUT GOOD CAUSE OR FOR ANY OR NO CAUSE, AT THE OPTION EITHER OF THE COMPANY OR MYSELF, WITH OR
WITHOUT NOTICE. 
 2. Confidential Information. 
 (a) Company Information. I hereby agree at all times during the term of my employment with the Company and thereafter, to hold in strictest confidence and not to use, except for the benefit of the
Company, or to disclose to any person, firm or corporation any Confidential Information of the Company without either (i) written authorization of an Officer of the Company, or (ii) a fully signed Confidential Disclosure Agreement or other
similar document with the recipient. I understand that “Confidential Information” means any Company proprietary information, technical data, trade secrets or know-how, including, without limitation, research, product plans, products,
services, customer lists and customers (including, without limitation, customers of the Company on whom I called or with whom I became acquainted during the term of my employment with the Company), markets, software, developments, inventions,
processes, formulas, technology, designs, drawings, engineering, hardware configuration information, marketing, finances or other business information 1) disclosed to me by the Company either directly or indirectly in writing, orally or by drawings
or observation of parts or equipment or 2) developed by me in the course of my employment with the Company. I further understand that “Confidential Information” does not include any of the foregoing items which has become publicly known
and made generally available through no wrongful act of mine or of others who were under confidentiality obligations with respect to the item or items involved. 
 (b) Former Employer Information. I hereby agree that I will not, during my employment with the Company, improperly use or disclose any proprietary information or trade secrets of any former or
concurrent employer or other person or entity for whom I have worked in the past, for whom I am now working or for whom I may work during the term of my employment with the Company, and that I will not bring onto the premises of the Company any
unpublished 

 
document or proprietary information belonging to any such employer, person or entity unless consented to in writing by such employer, person or entity. 

(c) Third Party Information. I recognize that the Company has received, and in the future will receive, from third parties their
confidential or proprietary information subject to a duty of the Company to maintain the confidentiality of such information and to use it only for certain limited purposes. I hereby agree to hold all such confidential or proprietary information in
the strictest confidence and not to disclose it to any person, firm or corporation or to use it except as necessary in carrying out my work for the Company consistent with the Company’s agreements or other arrangements with any such third
parties. 
 3. Inventions. 
 (a) Inventions Retained and Licensed. I have listed and described on Exhibit A all inventions, original works of authorship, developments, improvements, and trade secrets which were made by
me prior to my employment with the Company that belong to me, that relate to the Company’s proposed business, products or research and development, and that are not assigned to the Company hereunder (collectively referred to herein as
“Prior Inventions”); if there are no such Prior Inventions I have so stated on Exhibit A and signed and dated it. If in the course of my employment with the Company, I incorporate into a Company product, process or machine a Prior
Invention or an invention in which I have an interest, the Company is hereby granted and shall have a nonexclusive, royalty-free, irrevocable, perpetual, world-wide license to make, have made, modify, use and sell such Prior Invention as part of or
in connection with such product, process or machine to the extent that I have the right to grant such a license. 
 (b)
Assignment of Inventions. I hereby agree that I will promptly make full written disclosure to the Company, will hold in trust for the sole right and benefit of the Company, and hereby assign to the Company, or its designee, all of my right,
title, and interest in and to any and all inventions, original works of authorship, developments, concepts, improvements, designs, discoveries, ideas, trademarks or trade secrets, whether or not patentable or registrable under copyright or similar
laws, which I may solely or jointly conceive or develop or reduce to practice, or cause to be conceived or developed or reduced to practice, during the period of time I am in the employ of the Company (collectively referred to herein as
“Inventions”), except as otherwise provided by applicable law. I further acknowledge that all original works of authorship which are made by me (solely or jointly with others) within the scope of and during the period of my employment with
the Company and which are protectable by copyright are “works made for hire,” as that term is defined in the United States Copyright Act. I understand and agree that the decision whether or not to commercialize or market any invention
developed by me solely or jointly with others is within the Company’s sole discretion and for the Company’s sole benefit and that no royalty will be due to me as a result of the Company’s efforts to commercialize or market any such
invention. 
 (c) Inventions Assigned to the United States. I hereby agree to assign to the United States government all
of my right, title, and interest in and to any and all Inventions whenever such full title is required to be in the United States by a contract between the Company and the United States or any of its agencies. 

 (d) Maintenance of Records. I hereby agree to keep and maintain adequate and current
written records of all Inventions made by me (solely or jointly with others) during the term of my employment with the Company. The records will be in the form of notes, sketches, drawings and any other format that may be specified by the Company.
The records will be available to and remain the sole property of the Company at all times. 
 (e) Patent and Copyright
Registrations. I hereby agree to assist the Company, or its designee, at the Company’s expense, in every proper way to secure the Company’s rights in the Inventions and any copyrights, patents, mask work rights or other intellectual
property rights relating thereto in any and all countries, including the disclosure to the Company of all pertinent information and data with respect thereto, the execution of all applications, specifications, oaths, assignments and all other
instruments which the Company shall deem necessary in order to apply for and obtain such rights and in order to assign and convey to the Company, its successors, assigns, and nominees the sole and exclusive rights, title and interest in and to such
Inventions, and any copyrights, patents, mask work rights or other intellectual property rights relating thereto. I further agree that my obligation to execute or cause to be executed, when it is in my power to do so, any such instrument or papers
shall continue after the termination of this Agreement. If the Company is unable because of my mental or physical incapacity or for any other reason to secure my signature to apply for or to pursue any application for any United States or foreign
patents or copyright registrations covering Inventions or original works of authorship assigned to the Company as above, then I hereby irrevocably designate and appoint the Company and its duly authorized officers and agents as my agent and attorney
in fact, to act for and in my behalf and stead to execute and file any such applications and to do all other lawfully permitted acts to further the prosecution and issuance of letters patent or copyright registrations thereon with the same legal
force and effect as if executed by me. 
 (f) Exception to Assignments. I understand that the provisions of this Agreement
requiring assignment of Inventions to the Company do not apply to any invention which qualifies fully under the provisions of California Labor Code Section 2870 as follows: 

“(a) Any provision in an employment agreement which provides that an employee shall assign, or offer to assign, any
of his or her rights in an invention to his or her employer shall not apply to an invention that the employee developed entirely on his or her own time without using the employer’s equipment, supplies, facilities, or trade secret information
except for those inventions that either: 
  

	 	(1)	Relate at the time of conception or reduction to practice of the invention to the employer’s business, or actual or demonstrably anticipated research or
development of the employer; or 

  

	 	(2)	Result from any work performed by the employee for the employer. 

  

	 	(b)	To the extent a provision in an employment agreement purports to require an employee to assign an invention otherwise excluded from being required to be assigned under
subdivision (a), the provision is against the public policy of this state and is unenforceable.” 

 I will advise the Company promptly in writing of any inventions that I believe meet the criteria in
California Labor Code Section 2870 and not otherwise disclosed on Exhibit A. 
 4. Conflicting Employment. I
hereby agree that, during the term of my employment with the Company, I will not engage in any other employment, occupation, consulting or other business activity directly related to the business in which the Company is now involved or may become
involved during the term of my employment with the Company, nor will I engage in any other activities that conflict with my obligations to the Company. 
 5. Company Property. I understand and agree that Company provided computers, e-mail accounts, voice mail systems, offices, cubicles, labs, cabinets, desks, telephones, cellular phones, pagers,
refrigerators and other appliances, lockers, and other office, lab or production tools are the property of the Company. I understand and agree that any files, e-mail messages or attachments, voice mail messages, documents or any other data sent to
me or created by me during the performance of my employee duties with the Company and/or using Company tools or equipment, are owned by the Company. I understand that the Company’s email, voice mail, and telephone systems are solely for
business use and that messages left on, recorded on, or transmitted over such systems are not confidential. I further agree that the Company may access and monitor all such items at any time without notice to me and/or in my absence, regardless of
whether I have been assigned a key, access card, access code, or password to such item. I also agree that upon leaving the Company I will promptly deliver to the Company or its successors or assigns, (and will not keep in my possession, maintain
copies, recreate or deliver to anyone else) any and all Company property, including but not limited to, keys, access cards, access codes and passwords, devices, records, data, notes reports, proposals, lists, correspondence, specifications,
drawings, blueprints, sketches, materials, equipment, and other documents or property of any aforementioned items developed by me pursuant to my employment with the Company or otherwise belonging to the Company, or its successors or assigns.

 6. Notification of New Employer. In the event that I leave the employ of the Company, I hereby consent to notification
by the Company to my new employer about my rights and obligations under this Agreement. 
 7. Solicitation of Employees.
I hereby agree that for a period of twenty-four (24) months immediately following the termination of my relationship with the Company for any reason, whether with or without cause, I shall not either directly or indirectly solicit, induce,
recruit or encourage any of the Company’s employees to leave their employment, or take away such employees, or attempt to solicit, induce, recruit, encourage or take away employees of the Company, either for myself or for any other person or
entity. 
 8. Conflict of Interest Guidelines. I hereby agree to diligently adhere to the Company’s conflict of
interest guidelines attached hereto as Exhibit B. 
 9. Representations. I hereby agree to execute any proper oath
or verify any proper document required to carry out the terms of this Agreement. I hereby represent that my performance of all the terms of this Agreement will not breach any agreement to keep in confidence proprietary information acquired by me in
confidence or in trust prior to my employment by the Company. I have not entered into, and I agree I will not enter into, any oral or written agreement in conflict herewith. 

 10. ARBITRATION. 

(a) EXCEPT AS PROVIDED IN THIS SECTION 10 HEREOF, I AGREE THAT ANY DISPUTE OR CONTROVERSY ARISING OUT OF, RELATING TO, OR CONCERNING MY
EMPLOYMENT WITH THE COMPANY OR ANY INTERPRETATION, CONSTRUCTION, PERFORMANCE OR BREACH OF THIS AGREEMENT SHALL BE SETTLED BY ARBITRATION. THE DECISION OF THE ARBITRATOR SHALL BE FINAL, CONCLUSIVE AND BINDING ON THE PARTIES TO THE ARBITRATION. THIS
AGREEMENT TO ARBITRATE IS GOVERNED BY THE FEDERAL ARBITRATION ACT, 9 U.S.C. §§ 1 ET. SEQ. 
 (b) CLAIMS MAY BE BROUGHT
BEFORE AN ADMINISTRATIVE AGENCY BUT ONLY TO THE EXTENT APPLICABLE LAW PERMITS ACCESS TO SUCH AN AGENCY NOTWITHSTANDING THE EXISTENCE OF AN AGREEMENT TO ARBITRATE. SUCH ADMINISTRATIVE CLAIMS INCLUDE WITHOUT LIMITATION CLAIMS OR CHARGES BROUGHT
BEFORE THE EQUAL EMPLOYMENT OPPORTUNITY COMMISSION (WWW.EEOC.GOV), THE U.S. DEPARTMENT OF LABOR (WWW.DOL.GOV), AND THE NATIONAL LABOR RELATIONS BOARD (WWW.NLRB.GOV). NOTHING IN THIS AGREEMENT SHALL BE DEEMED TO PRECLUDE OR
EXCUSE A PARTY FROM BRINGING AN ADMINISTRATIVE CLAIM BEFORE ANY AGENCY IN ORDER TO FULFILL THE PARTY’S OBLIGATION TO EXHAUST ADMINISTRATIVE REMEDIES BEFORE MAKING A CLAIM IN ARBITRATION. 

(c) THIS ARBITRATION CLAUSE CONSTITUTES A WAIVER OF EACH PARTY’S RIGHT TO A JURY TRIAL AND RELATES TO THE RESOLUTION OF ALL DISPUTES
ARISING OUT OF OR RELATING TO ALL ASPECTS OF THE EMPLOYER/EMPLOYEE RELATIONSHIP (EXCEPT AS PROVIDED IN THIS SECTION 10 HEREOF), INCLUDING, WITHOUT LIMITATION, THE FOLLOWING CLAIMS: 

(i) ANY AND ALL CLAIMS IN TORT OR CONTRACT OR UNDER THE COMMON LAW; 

(ii) ANY AND ALL CLAIMS FOR VIOLATION OF ANY FEDERAL, STATE OR MUNICIPAL STATUTE, INCLUDING, WITHOUT LIMITATION, TITLE VII OF THE CIVIL
RIGHTS ACT OF 1964, THE CIVIL RIGHTS ACT OF 1991, THE AGE DISCRIMINATION IN EMPLOYMENT ACT OF 1967, THE AMERICANS WITH DISABILITIES ACT OF 1990, THE FAIR LABOR STANDARDS ACT AND STATE STATUTES ADDRESSING THE SAME OR SIMILAR SUBJECT MATTERS
(INCLUDING STATUTES AND REGULATIONS RELATING TO EMPLOYEE CLASSIFICATION, COMPENSATION AND MEAL AND REST PERIODS); AND 
 (iii)
ANY AND ALL CLAIMS ARISING OUT OF ANY OTHER LAWS AND REGULATIONS RELATING TO EMPLOYMENT OR EMPLOYMENT DISCRIMINATION OR HARASSMENT. 
 (d) I UNDERSTAND THAT EACH PARTY’S PROMISE TO RESOLVE CLAIMS BY ARBITRATION IN ACCORDANCE WITH THE PROVISIONS OF THIS 

 
AGREEMENT, RATHER THAN THROUGH THE COURTS, IS CONSIDERATION FOR OTHER PARTY’S LIKE PROMISE. 
 (e) IN ARBITRATION, THE PARTIES WILL HAVE THE RIGHT TO CONDUCT CIVIL DISCOVERY, BRING MOTIONS, AND PRESENT WITNESSES AND EVIDENCE AS PROVIDED BY THE FORUM STATE’S PROCEDURAL RULES. HOWEVER, THERE
WILL BE NO RIGHT OR AUTHORITY FOR ANY DISPUTE TO BE BROUGHT, HEARD OR ARBITRATED AS A CLASS OR COLLECTIVE ACTION. NOTWITHSTANDING ANY OTHER CLAUSE CONTAINED IN THIS AGREEMENT, THE PRECEDING SENTENCE SHALL NOT BE SEVERABLE FROM THIS AGREEMENT IN
ANY CASE IN WHICH THE DISPUTE TO BE ARBITRATED IS BROUGHT AS A CLASS OR COLLECTIVE ACTION. 
 (f) A NEUTRAL ARBITRATOR SHALL
BE SELECTED BY MUTUAL AGREEMENT OF THE PARTIES. THE LOCATION OF THE ARBITRATION PROCEEDING SHALL BE IN THE GENERAL GEOGRAPHICAL VICINITY OF THE PLACE WHERE THE EMPLOYEE LAST WORKED FOR THE COMPANY, UNLESS EACH PARTY TO THE ARBITRATION AGREES IN
WRITING OTHERWISE. IF FOR ANY REASON THE PARTIES CANNOT AGREE TO AN ARBITRATOR, EITHER PARTY MAY APPLY TO A COURT OF COMPETENT JURISDICTION FOR APPOINTMENT OF A NEUTRAL ARBITRATOR. THE COURT SHALL THEN APPOINT AN ARBITRATOR, WHO SHALL ACT UNDER THIS
AGREEMENT WITH THE SAME FORCE AND EFFECT AS IF THE PARTIES HAD SELECTED THE ARBITRATOR BY MUTUAL AGREEMENT. 
 (g) A DEMAND FOR
ARBITRATION MUST BE IN WRITING AND DELIVERED BY HAND OR FIRST CLASS MAIL TO THE OTHER PARTY WITHIN THE APPLICABLE STATUTE OF LIMITATIONS PERIOD. ANY DEMAND FOR ARBITRATION MADE TO THE COMPANY SHALL BE PROVIDED TO THE COMPANY’S LEGAL DEPARTMENT,
TESSERA, INC., 3025 ORCHARD PARKWAY, SAN JOSE, CA 95134. THE ARBITRATOR SHALL RESOLVE ALL DISPUTES REGARDING THE TIMELINESS OR PROPRIETY OF THE DEMAND FOR ARBITRATION. 
 (h) EACH PARTY WILL PAY THE FEES FOR HIS, HER OR ITS OWN ATTORNEYS, SUBJECT TO ANY REMEDIES TO WHICH THAT PARTY MAY LATER BE ENTITLED UNDER APPLICABLE LAW. HOWEVER, IN ALL CASES WHERE REQUIRED BY LAW, THE
COMPANY WILL PAY THE ARBITRATOR’S AND ARBITRATION FEES. IF UNDER APPLICABLE LAW THE COMPANY IS NOT REQUIRED TO PAY ALL OF THE ARBITRATOR’S AND/OR ARBITRATION FEES, SUCH FEE(S) WILL BE APPORTIONED BETWEEN THE PARTIES BY THE ARBITRATOR IN
ACCORDANCE WITH SAID APPLICABLE LAW. 
 (i) WITHIN 30 DAYS OF THE CLOSE OF THE ARBITRATION HEARING, ANY PARTY WILL HAVE THE RIGHT
TO PREPARE, SERVE ON THE OTHER PARTY AND FILE WITH THE ARBITRATOR A BRIEF. THE ARBITRATOR MAY AWARD ANY PARTY ANY REMEDY TO WHICH THAT PARTY IS ENTITLED UNDER APPLICABLE LAW, BUT SUCH REMEDIES SHALL BE LIMITED TO THOSE THAT WOULD BE AVAILABLE
TO A PARTY IN A COURT OF LAW FOR THE CLAIMS PRESENTED TO AND DECIDED BY THE ARBITRATOR. THE ARBITRATOR WILL ISSUE A DECISION OR AWARD IN WRITING, STATING THE ESSENTIAL FINDINGS OF FACT AND 

 
CONCLUSIONS OF LAW. JUDGMENT MAY BE ENTERED ON THE ARBITRATOR’S AWARD IN ANY COURT OF COMPETENT JURISDICTION. 
 (j) YOU MAY SUBMIT A FORM STATING THAT YOU WISH TO OPT OUT AND NOT BE SUBJECT TO THIS AGREEMENT TO ARBITRATE CONTAINED IN THIS SECTION 10. TO OPT OUT OF ARBITRATION, YOU MUST SUBMIT A SIGNED AND DATED
STATEMENT ON AN “ARBITRATION AGREEMENT OPT OUT” FORM (“FORM”) THAT CAN BE OBTAINED FROM THE COMPANY’S HUMAN RESOURCES DEPARTMENT. IN ORDER TO BE EFFECTIVE, THE SIGNED AND DATED FORM MUST BE RETURNED TO THE HUMAN RESOURCES
DEPARTMENT WITHIN 30 DAYS OF YOUR SIGNING OF THIS AGREEMENT. IF YOU CHOOSE TO OPT OUT OF ARBITRATION, YOU WILL NOT BE SUBJECT TO ANY ADVERSE EMPLOYMENT ACTION AS A CONSEQUENCE OF THAT DECISION AND YOU MAY PURSUE ANY OTHER LEGAL REMEDY AVAILABLE TO
YOU. SHOULD YOU NOT OPT OUT OF ARBITRATION AS PROVIDED IN THIS SECTION 10(j), YOUR CONTINUED EMPLOYMENT CONSTITUTES MUTUAL ACCEPTANCE OF YOUR AND THE COMPANY’S OBLIGATION TO ARBITRATE DISPUTES COVERED BY THIS SECTION 10. 

11. Governing Law. This Agreement will be governed by the laws of the State of California, except Section 10, above, which
shall be governed by the Federal Arbitration Act, 9 U.S.C. §§ 1 et seq. 
 12. Entire Agreement. This Agreement
sets forth the entire agreement and understanding between the Company and me relating to the subject matter herein and merges all prior discussions between us. No modification of or amendment to this Agreement, nor any waiver of any rights under
this agreement will be effective unless in writing signed by the party to be charged. Any subsequent change or changes in my duties, salary or compensation will not affect the validity or scope of this Agreement. 

13. Severability. If any covenant set forth in this Agreement is determined by any court to be unenforceable by reason of its
extending for too great a period of time or over too great a geographic area, or by reason of its being too extensive in any other respect, such covenant shall be interpreted to extend only for the longest period of time and over the greatest
geographic area, and to otherwise have the broadest application as shall be enforceable. Except as provided in Section 10(e), above, the invalidity or unenforceability of any particular provision of this Agreement shall not affect the other
provisions hereof, which shall continue in full force and effect. Without limiting the foregoing, the covenants contained herein shall be construed as separate covenants, covering their respective subject matters, with respect to each of the
separate cities, counties and states of the United States, and each other country, and political subdivision thereof, in which the Company now transacts any business. 
 15. Successors and Assigns. This Agreement will be binding upon my heirs, executors, administrators and other legal representatives and will be for the benefit of the Company, its successors, and
its assigns. 
 16. Consultation with Counsel. You have a right to consult with counsel of your choice before signing
this Agreement. 

					
			
	Date: March 25, 2011	 		 	/s/ Farzan Bob Roohparvar
		 		 	 Signature
 Farzan Bob Roohparvar

		 		 	Name of Employee (Type or Print)

 Exhibit A 

LIST OF PRIOR INVENTIONS 
 AND ORIGINAL WORKS OF AUTHORSHIP 
  

					
	 Title
	 	 Date
	  	
Identifying Number or Brief Description

 
  

              No Prior Inventions 

              Additional Sheets Attached 

Signature of Employee: /s/ Farzan Bob Roohparvar 
 Print Name of Employee: Farzan Bob Roohparvar 
 Date: March 25,
2011                                         
        
  

 EXHIBIT B 

CONFLICT OF INTEREST GUIDELINES 
 TESSERA, INC. 
 It is the policy of Tessera, Inc. (the “Company”)
to conduct its affairs in strict compliance with the letter and spirit of the law and to adhere to the highest principles of business ethics. Accordingly, all officers, employees and independent contractors must avoid activities which are in
conflict, or give the appearance of being in conflict, with these principles and with the interests of the Company. The following are potentially compromising situations which must be avoided. Any exceptions must be reported to the President of the
Company and written approval for continuation must be obtained. 
 (a) Revealing confidential information to outsiders or
misusing confidential information. Unauthorized divulging of information is a violation of this policy whether or not for personal gain and whether or not harm to the Company is intended. (The Employment, Confidential Information, Invention
Assignment and Arbitration Agreement elaborates on this principle and is a binding agreement.) 
 (b) Accepting or offering
substantial gifts, excessive entertainment, favors or payments which may be deemed to constitute undue influence or otherwise be improper or embarrassing to the Company. 
 (c) Participating in civic or professional organizations that might involve divulging confidential information of the Company. 
 (d) Initiating or approving personnel actions affecting reward or punishment of employees or applicants where there is a family relationship or is or appears to be a personal or social involvement.

 (e) Initiating or approving any form of personal or social harassment of employees. 

(f) Investing or holding outside directorship in suppliers, customers, or competing companies, including financial speculations, where
such investment or directorship might influence in any manner a decision or course of action of the Company. 
 (g) Borrowing
from or lending to employees, customers or suppliers. 
 (h) Acquiring real estate of interest to the Company. 

(i) Improperly using or disclosing to the Company any proprietary information or trade secrets of any former or concurrent employer or
other person or entity with whom obligations of confidentiality exist. 

 (j) Unlawfully discussing prices, costs, customers, sales or markets with competing
companies or their employees. 
 (k) Making any unlawful agreement with distributors with respect to prices. 

(l) Improperly using or authorizing the use of any inventions which are the subject of patent claims of any other person or entity.

 (m) Engaging in any conduct which is not in the best interest of the Company. 

Each officer, employee and independent contractor must take every necessary action to ensure compliance with these guidelines and to
bring problem areas to the attention of the Company’s management for its review. Violations of this conflict of interest policy may result in discharge without warning.

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