Document:

EX-10.1

 Exhibit 10.1 

DELL TECHNOLOGIES INC. 
 One
Dell Way, RR1–33 
 Round Rock, Texas 78682 

July 1, 2018 
 VMware, Inc. 

3401 Hillview Avenue 
 Palo Alto, CA 94304 

Board of Directors: 
 Reference is hereby made to that certain
Agreement and Plan of Merger (“Merger Agreement”), dated as of July 1, 2018, by and between Dell Technologies Inc., a Delaware corporation (“Diamond”), and Teton Merger Sub Inc., a Delaware corporation and a direct
wholly-owned subsidiary of Diamond, pursuant to which Diamond may be required to pay cash consideration in an aggregate amount of up to $9.0 billion. 

Diamond has requested that the board of directors (the “Board of Directors”) of VMware, Inc., a Delaware corporation (the “Company”),
authorize a special dividend in the amount of approximately $11.0 billion in the aggregate pro rata to all holders of the Company’s common stock (the “Special Dividend”), of which approximately $8.95 billion would be
distributable to Diamond, in order to permit Diamond to consummate the transactions contemplated by the Merger Agreement. 
 The Board of Directors, upon
the recommendation of a special committee of the Board of Directors comprised of independent and disinterested directors, has resolved that the Special Dividend is in the best interests of the Company’s stockholders and has resolved to declare
the Special Dividend subject to the conditions set forth in such resolution, and in consideration of the terms and conditions of this letter agreement. In furtherance thereof, Diamond hereby agrees as follows: 

1.    Public Statements. In connection with the announcement of the Merger Agreement, Diamond will file with the
SEC an amendment to its Schedule 13D including a summary of this letter agreement and stating, among other things, that Diamond has concluded its review of potential business opportunities and has determined not to pursue a business combination with
Vail, in each case, in form consistent with that previously provided to the Company. 
 2.    Future Dividends.
Any future request from Diamond or any of its affiliates (in each case in its capacity as a stockholder) that the Company issue a special dividend to holders of common stock shall be subject to review by, and a recommendation in favor thereof from,
a special committee of the Board of Directors comprised solely of independent directors. For the avoidance of doubt, nothing in this paragraph 2 restricts the actions of any directors of the Company acting in their capacity as such even if such
directors are affiliates of Diamond. For all purposes of this agreement, affiliates of Diamond include and are limited to (i) each controlled affiliate of Diamond, (ii) Michael Dell and his Permitted Transferees (as defined in the Amended
and Restated Sponsor Stockholders Agreement, dated as of September 7, 2016, of the Company 

 
as currently in effect) and (iii) Silver Lake Partners III, L.P. and Silver Lake Partners IV, L.P. and their respective Permitted Transferees, in the case of clauses (ii) and (iii),
respectively, for as long as all of such persons and entities in such clause collectively beneficially own more than 5% of the outstanding common stock of Diamond. 

3.    Business Combinations. Diamond and its affiliates shall not directly or indirectly purchase or otherwise
acquire any shares of common stock of the Company (including by means of any transaction pursuant to Section 251, 253 or 267 of the Delaware General Corporation Law) if such transaction would cause the common stock of the Company to no longer
be publicly traded on a U.S. securities exchange or the Company to no longer be required to file reports under Sections 13 and 15(d) of the Securities Exchange Act of 1934, as amended, unless (i) such transaction has been approved in advance by
a special committee of the Board of Directors comprised solely of independent and disinterested directors or (ii) such acquisition of Company common stock is by Diamond or its subsidiaries and is required in order for the Company to be a member
of the affiliated group of corporations filing a consolidated tax return with Diamond for purposes of Section 1502 of the U.S. Internal Revenue Code and the regulations thereunder. 

4.    Reasonable Best Efforts. Diamond shall use its reasonable best efforts to complete the Merger (as defined in
the Merger Agreement) in accordance with the terms of the Merger Agreement (for the avoidance of doubt this does not include any obligation to waive any closing condition or amend any term of the Merger Agreement), including using reasonable best
efforts to complete the Merger on the same day Diamond or its subsidiaries receive the Special Dividend. Diamond further agrees that it will not terminate the Merger Agreement pursuant to section 6.01(a) of the Merger Agreement without the prior
written consent of the Company. The Company agrees that the Board of Directors shall not terminate, modify or rescind the resolutions relating to the declaration of the Special Dividend adopted on the date hereof; provided that nothing herein shall
(x) limit the Board of Directors from taking any other action it determines necessary in the exercise of its fiduciary duties under applicable law or (y) require any waiver or modification of any condition to the payment of the Special
Dividend set forth in such resolutions. 
 This letter agreement shall terminate on the earlier of (i) the 10 year anniversary of the date hereof and
(ii) the date that no shares of Class A Common Stock, or any other class or series of securities into which such shares may convert or otherwise become, remain outstanding (other than shares beneficially owned, directly or indirectly, by
Diamond and its affiliates). No provision of this Agreement may be amended, modified or waived except by a written instrument signed by Diamond and the Company; provided that any amendment, modification or waiver of this Agreement shall require the
prior written approval of a special committee of the Board of Directors comprised solely of independent and disinterested directors. 
 This Agreement shall
be governed by and construed in accordance with the laws of the State of Delaware applicable to contracts made and to be performed entirely in such state. Each of the parties hereto hereby irrevocably and unconditionally consents to submit to the
exclusive jurisdiction of the Court of Chancery of the State of Delaware for any action arising out of or relating to this letter agreement and the transactions contemplated hereby. 

[Signature Page Follows] 

 
			
	Sincerely,
	
	DELL TECHNOLOGIES INC.
		
	By:	 	 /s/ Thomas W. Sweet

	Name:	 	Thomas W. Sweet
	Title:	 	Executive Vice President and
		 	Chief Financial Officer

 Accepted and agreed to as of the first 

date written above: 
 VMWARE, INC. 

 

			
	By:	 	 /s/ Amy Fliegelman Olli

	Name:	 	Amy Fliegelman Olli
	Title:	 	Senior Vice President and General Counsel

 [Signature Page to Letter Agreement]PROMISSORY
NOTE

 

	$500,000.00	June
    28, 2018

 

FOR
VALUE RECEIVED, Pure Bioscience, Inc., a Delaware corporation (the “Company), hereby promises to pay Tom Y. Lee (the “Lender”),
the principal sum of Five Hundred Thousand Dollars ($500,000), together with interest thereon from the date of this Note. Interest
shall accrue at a rate of 6.5% per annum, compounded annually. The principal and accrued interest shall be due and payable by
the Company on demand by Lender at any time after June 28, 2019.

 

1.
Payment. All payments shall be made in lawful money of the United States of America at the principal office of the Company,
or at such other place as the holder hereof may from time to time designate in writing to the Company. Payment shall be credited
first to Costs (as defined below), if any, then to accrued interest due and payable and the remainder applied to principal. Prepayment
of principal, together with accrued interest, may be made without Lender’s written consent and without penalty. The Company
hereby waives demand, notice, presentment, protest and notice of dishonor.

 

2.
Security. This Note is a general unsecured obligation of the Company.

 

3.
Miscellaneous.

 

3.1
Successors and Assigns. Except as otherwise provided herein, the terms and conditions of this Note shall inure to the benefit
of and be binding upon the respective successors and assigns of the parties. Nothing in this Note, express or implied, is intended
to confer upon any party other than the parties hereto or their respective successors and assigns any rights, remedies, obligations,
or liabilities under or by reason of this Note, except as expressly provided in this Note.

 

3.2
Governing Law. This Note shall be governed by and construed under the laws of the State of California as applied to agreements
among California residents, made and to be performed entirely within the State of California.

 

3.3
Approval. The Company hereby represents that its board of directors, in the exercise of its fiduciary duty, has approved
the Company’s execution of this Promissory Note based upon a reasonable belief that the principal provided hereunder is
appropriate for the Company after reasonable inquiry concerning the Company’s financing objectives and financial situation.

 

3.4
Notices. All notices and other communications given or made pursuant hereto shall be in writing and shall be deemed effectively
given: (i) upon personal delivery to the party to be notified, (ii) when sent by confirmed electronic mail or facsimile if sent
during normal business hours of the recipient; if not, then on the next business day, (iii) five (5) days after having been sent
by registered or certified mail, return receipt requested, postage prepaid, or (iv) one (1) day after deposit with a nationally
recognized overnight courier, specifying next day delivery, with written verification of receipt.

 

    	 

    	 

    

 

3.5
Expenses. If any action at law or in equity is necessary to enforce or interpret the terms of this Note, the prevailing
party shall be entitled to reasonable attorneys’ fees, costs and necessary disbursements in addition to any other relief
to which such party may be entitled.

 

3.6
Severability. If one or more provisions of this Note are held to be unenforceable under applicable law, such provision
shall be excluded from this Note and the balance of the Note shall be interpreted as if such provision were so excluded and shall
be enforceable in accordance with its terms.

 

3.7
Costs and Expenses. The Company hereby agrees, subject only to any limitation imposed by applicable law, to pay all expenses,
including reasonable attorneys’ fees and legal expenses, incurred by the Holder of this Note in endeavoring to collect any
amounts payable hereunder which are not paid when due, whether by declaration or otherwise (“Costs”). The Company
agrees that any delay on the part of the Holder in exercising any rights hereunder will not operate as a waiver of such rights.
The Holder of this Note shall not by any act, delay, omission or otherwise be deemed to have waived any of its rights or remedies,
and no waiver of any kind shall be valid unless in writing and signed by the party or parties waiving such rights or remedies.

 

3.8
Entire Agreement; Amendments and Waivers. This Note and the other documents delivered pursuant hereto constitute the full
and entire understanding and agreement between the parties with regard to the subjects hereof and thereof. Any term of this Note
may be amended and the observance of any term may be waived (either generally or in a particular instance and either retroactively
or prospectively), with the written consent of the the Company and the Lender. Any waiver or amendment effected in accordance
with this Section shall be binding upon each future holder of all such securities, and the Company.

 

3.9
Officers and Directors not Liable. In no event shall any officer or director of the Company be liable for any amounts due
and payable pursuant to this Note.

 

*
* * *

 

    	 

    	 

    

 

	 	PURE
    BIOSCIENCE, INC.
	 	 	 
	 	By:	/s/
    Hank Lambert
	 	Name:	Hank
Lambert
	 	Title:
    	Chief
    Executive Officer 

 

	Acknowledged and Agreed
	 	 
	Tom Y. Lee.
	 	 	 
	By:	/s/
    Tom Y. Lee	 
	Name:
    	Tom
    Y. Lee

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