Document:

Change in Control Agreement between the Company and Kevin T. Michaels

 Exhibit 10.41 
  
 CHANGE IN CONTROL AGREEMENT 
  
 This Change In Control Agreement (“Agreement”) is made and entered into as of August 1, 2003, by and between
Powerwave Technologies, Inc., (“Company”), and Kevin T. Michaels, an individual (“Chief Financial Officer”). 
  
 1. RECITALS 
  
 A. The Company is in the business of the design, manufacture, and marketing of advanced radio frequency (RF) power amplifiers for use in wireless
communication networks worldwide; 
  
 B. Chief Financial Officer
has been serving as Chief Financial Officer of the Company, and the Company desires to continue its relationship with Chief Financial Officer; and 
  
 C. The Board of Directors of the Company has determined it to be in the best interests of the Company and its stockholders to provide the Chief Financial
Officer with certain protection from events that could occur in connection with certain changes of control of the Company. 
  
 NOW, THEREFORE, in consideration of the mutual covenants and conditions herein contained, the parties hereto agree as follows: 
  
 2. DEFINITIONS 
  
 For purposes of this Agreement only, the following terms shall have the meaning described below: 
  
 A. “Employee” shall mean the Chief Financial Officer covered under
this Agreement, unless otherwise specifically indicated. 
  
 B.
Severance Pay” shall be two times the Chief Financial Officer’s ‘total annual compensation,’ as defined herein. ‘Total annual compensation’ as used herein shall be Chief Financial Officer’s annual base salary for
the year employment terminates plus the greater of Chief Financial Officer’s target bonus amount for the year employment terminates or the actual bonus paid to Chief Financial Officer the prior year, whichever is greater. 
  
 C. “Cause” shall mean any of the following: 
  
 (i) The continued, unreasonable refusal or omission by the
Chief Financial Officer to perform any material duties required of him by the Company, if such duties are consistent with duties customary for the Chief Financial Officer’s position; 
  
 (ii) Any material act or omission by the Chief Financial
Officer involving malfeasance or gross negligence in the performance of his duties to, or material deviation from any of the policies or directives of, the Company; 

  

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 (iii) Conduct on the part of the Chief Financial Officer which constitutes the breach of
any statutory or common law duty of loyalty to the Company; including the unauthorized disclosure of material confidential information or trade secrets of the Company; or 
  
 (iv) Any illegal act by Chief Financial Officer which materially and adversely affects the business of the
Company or any felony committed by Chief Financial Officer, as evidenced by conviction thereof, provided that the Company may suspend the Chief Financial Officer with pay while any allegation of such illegal or felonious act is investigated.

  
 D. “Good Reason” shall mean any of the following,
without the Chief Financial Officer’s written consent, but if Chief Financial Officer does not resign within nine (9) months of the occurrence of an event (i)-(vi) as listed below, Chief Financial Officer is deemed to have consented and
acquiesced to the event which shall not thereafter constitute “good reason”: 
  
 (i) A reduction by the Company in Chief Financial Officer’s compensation that is not made in connection with an across the board
reduction of all the Company’s executive salaries; 
  
 (ii) A reduction by the Company of Chief Financial Officer’s benefits from those he was entitled to immediately prior to the termination of employment or a Change in Control, whichever occurs first, that is not
made in connection with an across the board reduction of all the Company’s benefits; 
  
 (iii) The failure of the Company to obtain an agreement from any successor to the Company, or purchaser of all or substantially all of the
Company’s assets, to assume this Agreement; 
  
 (iv) The assignment of Chief Financial Officer to duties which reflect a material adverse change in authority, responsibility or status with the Company or any successor; 
  
 (v) A relocation of Chief Financial Officer to a location more than 30 miles from the location where the
Chief Financial Officer was regularly assigned to immediately prior to the Chief Financial Officer’s termination of employment or a Change in Control, whichever occurs first; or 
  
 (vi) A failure by the Company to pay any portion of the Chief Financial Officer’s compensation within
ten (10) days of the date due. 
  

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 E. “Change in Control” shall mean the occurrence of any of the following events: 
  
 (i) The acquisition, directly or indirectly, by any person
or group (within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended) of the beneficial ownership of more than fifty percent (50%) of the outstanding securities of the Company; 
  
 (ii) A merger or consolidation in which the Company is not
the surviving entity, except for a transaction the principal purpose of which is to change the state in which the Company is incorporated; 
  
 (iii) The sale, transfer or other disposition of all or substantially all of the assets of the Company; 
  
 (iv) A complete liquidation or dissolution of the Company;
or 
  
 (v) Any reverse merger in which the
Company is the surviving entity but in which securities possessing more than fifty percent (50%) of the total combined voting power of the Company’s outstanding securities are transferred to a person or persons different from the persons
holding those securities immediately prior to such merger. 
  
 3.
ELIGIBILITY FOR SEVERANCE BENEFITS IN CONNECTION WITH CHANGE IN CONTROL (RELEASE REQUIRED) 
  
 Chief Financial Officer shall be entitled to receive the benefits set forth in Section 4 if all of the following occur: 
  
 A. If in anticipation of, connection with, or within two (2) years following a “Change in Control,” Chief Financial Officer’s employment is
involuntarily terminated without “Cause” or if Chief Financial Officer voluntarily terminates his employment with “Good Reason,” provided that Chief Financial Officer fulfills any request by the Company, any Company successor or
affiliate to remain employed with the Company, any Company successor or affiliate, at the same salary and benefits as Chief Financial Officer was entitled to immediately prior to the “Change in Control,” for a period of up to six (6)
months following any “Change in Control;” 
  
 B.
Termination of Chief Financial Officer’s employment occurs in anticipation of, connection with, or within two (2) years following a “Change in Control,” and not in the absence of a “Change in Control,” as any benefits in the
later situation are provided exclusively by the separate Severance Agreement executed by Chief Financial Officer on August 1, 2003. If termination of Chief Financial Officer’s employment is made in the absence of a “Change in
Control,” then he shall be entitled only to those benefits as provided for in Chief Financial Officer’s Severance Agreement and this Agreement shall not be applicable and shall be null and void and of no effect whatsoever; and 

 

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 C. Chief Financial Officer has executed a Release of Claims in favor of the Company and its agents, a
form of which is available from Human Resources, and such Release must become effective in accordance with its terms. 
  
 4. SEVERANCE BENEFITS (RELEASE REQUIRED) 
  
 A. SEVERANCE PAY 
  
 If the Chief Financial Officer meets all of the eligibility requirements of Section 3 above, the Chief Financial Officer shall receive his Severance Pay, paid in a lump
sum fifteen (15) days after his employment terminates or fifteen (15) days after the Company’s receipt of the Chief Financial Officer’s execution of an unrevoked release, whichever is later. 
  
 B. COMPANY PAID COBRA 
  
 The Company shall pay for existing group employee benefit coverage continuation under the
Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) as provided by the Company’s group agreements for twenty-four (24) months, beginning the calendar month after Chief Financial Officer’s termination and provided at
regular employee rates, or until Chief Financial Officer becomes eligible for group insurance benefits from another employer, whichever occurs first. If the full amount of time allowable under COBRA as applied by the California Continuation Benefits
Replacement Act, California Health and Safety Code § 1366.27 (“Cal-COBRA”) and the Company’s group health plan is less than twenty-four (24) months, then the Company shall pay for the cost of comparable coverage for the remainder
of the 24-month period. Chief Financial Officer shall have an obligation to inform Company if he receives group coverage from another employer while receiving COBRA or continued medical coverage from the Company. Chief Financial Officer may not
increase the number of designated dependants, if any, during this time unless Chief Financial Officer does so at his own expense in accordance with the applicable benefit Agreement. The period of such Company-paid COBRA coverage shall be considered
part of Chief Financial Officer’s COBRA and Cal-COBRA coverage entitlement period, and may, for tax purposes, be considered income to the Chief Financial Officer. 
  
 C. ACCELERATED VESTING OF UNVESTED STOCK OPTIONS UPON CHANGE IN CONTROL 
  
 If the Chief Financial Officer meets all of the eligibility requirements of Section 3 above,
in addition to any other benefits provided for herein, one hundred percent (100%) of Chief Financial Officer’s unvested stock options under all stock option agreements with the Company shall be automatically vested on an accelerated basis and
be fully exercisable. This section shall apply in addition to the applicable provisions of any stock option agreement or Company stock option plan. 
  

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 D. TAX LAW LIMITATIONS; PROTECTIVE CUT BACK. 
  
 To the extent that any of the payments and benefits provided for in this Agreement or
otherwise payable to the Chief Financial Officer constitute “parachute payments” within the meaning of Section 280G of the Internal Revenue Code of 1986 as amended (“Code”), and but for this Section would otherwise be subject to
the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), Chief Financial Officer shall either: 
  

	 	•	pay the Excise Tax, or 

  

	 	•	have the benefits reduced to such lesser extent as would result in no portion of such benefits being subject to the Excise Tax, 

  
 whichever of the foregoing amounts, taking into account the applicable federal, state and
local income taxes and the Excise Tax, results in the receipt by Chief Financial Officer on an after-tax basis, of the greatest amount of benefits, notwithstanding that all or some portion of such benefits may be taxable under Section 4999 of the
Code. Unless the Company and the Chief Financial Officer otherwise agree in writing, any determination required under this Section shall be made in writing by the Company’s independent public accountants (“Accountants”), whose
determination shall be conclusive and binding upon the Chief Financial Officer and the Company for all purposes. For purposes of making the calculations required by this Section, the Accountants may make reasonable assumptions and approximations
concerning applicable taxes and may rely on reasonable, good faith interpretations concerning the application of Section 280G and 4999 of the Code. The Company and the Chief Financial Officer shall furnish to the Accountants such information and
documents as the Accountants may reasonably request in order to make a determination under this Section. The Company shall bear all costs the Accountants may reasonably incur in connection with any calculations contemplated by this Section.

  
 5. WITHHOLDING TAXES ON BENEFITS 
  
 Notwithstanding any other provision of the Agreement, all severance benefits shall be
reduced by any applicable federal, state, or local tax withholding requirements and as permitted by law. 
  
 6. NO OTHER SIMILAR BENEFITS 
  
 The
severance benefits provided by this Agreement supercedes and are in lieu of any other severance benefits provided by the Company under any other applicable agreement, practice or policy that are provided in anticipation of, in connection with, or
within two (2) years following a Change in Control. If there is a termination of Chief Financial Officer’s employment not in anticipation of, in connection with, or following a Change in Control, the Severance Agreement executed by Chief
Financial Officer on August 1, 2003 alone shall govern Chief Financial Officer’s termination and severance benefits and this Agreement shall have no effect. 
  
 7. SET OFF/TERMINATION OF SEVERANCE BENEFITS 
  
 No payments or benefits payable to the Chief Financial Officer pursuant to this Agreement shall be reduced by any amount the Chief Financial
Officer may be entitled to receive as pension or retirement benefits, if any. 
  
 Subsequent employment by the Company, or any Company successor or affiliates prior to the payment of severance benefits will disqualify Chief Financial Officer from severance benefits. 
  

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 8. DEATH 
  
 In the event Chief Financial Officer dies before the severance monies are paid, payment shall be made to the designated beneficiary of the Chief Financial Officer in the
same amount and at the same time that payment would have been made to the Chief Financial Officer. 
  
 9. LIMITATION ON TRANSFERABILITY 
  
 Except as provided in Section 8 above, the interest of the Chief Financial Officer in the benefits described in this Agreement may not be sold, assigned, transferred or otherwise disposed of in any way, and any attempted sale, assignment,
transfer or other disposition shall be null and void. If Chief Financial Officer attempts to sell, assign, transfer or otherwise encumber his or her rights or interest in the Agreement, other than as permitted by Section 8, such act will be treated
as an election by the Chief Financial Officer to discontinue participation in the Agreement. 
  
 10. ARBITRATION 
  
 Chief Financial
Officer and the Company agree that any dispute or claim, including all contract, tort, discrimination and other statutory claims, arising under or relating to benefits under this Agreement or related to Chief Financial Officer’s employment or
termination of employment (“arbitrable claims”) shall be resolved by arbitration. HOWEVER, Chief Financial Officer and the Company agree that this arbitration provision shall not apply to any disputes or claims relating to or arising out
of the misuse or misappropriation of trade secrets or proprietary information. Arbitration shall be final and binding on the parties and shall be the exclusive remedy for arbitrable claims. Chief Financial Officer and the Company hereby waive any
rights each may have to a jury trial in regard to the arbitrable claims. Chief Financial Officer and the Company further agree that the arbitrator shall have the sole authority to determine arbitrability of any such arbitrable claims. Arbitration
shall be conducted by the American Arbitration Association in Orange County, California (or other mutually agreed upon city) under the National Rules for the Resolution of Employment Disputes. As, in any arbitration, the burden of proof shall be
allocated as provided by applicable law. The Company agrees to pay the fees and costs of the arbitrator. However, the arbitrator shall have the same authority as a court to award equitable relief, damages, costs, and fees (excluding the costs and
fees for the arbitrator) as provided by law for the particular claims asserted. This arbitration clause shall be governed by and construed in all respects under the terms of the Federal Arbitration Act (“FAA”). 
  

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 11. SETTLEMENT OF CLAIMS 
  

The Company’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall not be affected by any
circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which the Company may have against the Chief Financial Officer or others. 
  
 12. SEVERABILITY 
  
 If any term, provision, covenant or condition of this Agreement is held to be invalid, void, or unenforceable, the remainder of the provisions of this Agreement shall
remain in full force and effect and shall in no way be affected, impaired or invalidated thereby. 
  
 13. ENTIRE AGREEMENT; AMENDMENTS; WAIVER 
  
 This Agreement, together with all stock option agreements and/or plans, any Employee Secrecy Agreements, and/or any Proprietary Information and Inventions Agreements, is the entire agreement between the parties hereto concerning the subject
matter hereof and supersedes and replaces all prior or contemporaneous agreements or understandings between the parties. This Agreement may not be amended or modified in any manner, except by an instrument in writing signed by the Chief Financial
Officer and an officer of the Company as designated by the Board. Except with respect to “Good Reason” in Section 2.D, failure of either party to enforce any other provisions of this Agreement or any rights with respect thereto or failure
to exercise any election provided for herein shall in no way be considered to be a waiver of such provisions, rights or elections, or in any way effect the validity of this Agreement, except for the deemed consent and acquiesce provided for in
Section 2.D. The failure of either party to exercise any of the provisions, rights or elections in this Agreement, except for those described in Section 2.D, shall not preclude or prejudice such party from later enforcing or exercising those same
provisions, rights or elections which it may have under this Agreement. 
  
 14.
GOVERNING LAW 
  
 This Agreement shall be governed by and construed in all
respects in accordance with the laws of the State of California or the FAA, as applicable. 
  
 15. ATTORNEYS’ FEES 
  
 In the event
of any action for the breach of this Agreement, the prevailing party shall be entitled to reasonable attorneys’ fees, costs and expenses incurred in connection with such action. 
  
 16. AT WILL EMPLOYMENT 
  
 Nothing herein is intended to alter the at-will employment status of the Chief Financial Officer. Specifically, the Chief Financial Officer’s employment with the
Company is “at-will.” Either the Company or the Chief Financial Officer may terminate his employment with or without cause or good reason, and with or without notice. In addition, the Company has the right to change the Chief Financial
Officer’s compensation, duties, assignments and responsibilities or location of employment at any time, with or without cause or notice. 
  

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 IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written.

  

	 “Chief Financial Officer”
	 	 “Company”

			
	 	 	 	 	 Powerwave Technologies, Inc.

				
	 By:
	 	 /s/ Kevin T. Michaels

	 	 By:
	 	 /s/ Andrew J. Sukawaty

	 	 	       Kevin T. Michaels
	 	 	 	       Andrew J. Sukawaty

				
	 	 	 	 	 Title:
	 	 Chairman, Compensation Committee

  

 -8-Severance Agreement between the Company and Bruce C. Edwards

 Exhibit 10.42 
  
 SEVERANCE AGREEMENT 
  
 This Severance Agreement (“Agreement”) is made and entered into as of August 1, 2003, by and between Powerwave Technologies, Inc.,
(“Company”), and Bruce C. Edwards, an individual (“Chief Executive Officer”). 
  
 1. RECITALS 
  
 A. The Company is in the business of the design, manufacture, and marketing of advanced radio frequency (RF) power amplifiers for use in wireless
communication networks worldwide; 
  
 B. Chief Executive Officer
has been serving as Chief Executive Officer of the Company, and the Company desires to continue its relationship with Chief Executive Officer; 
  
 C. The Company desires to provide Chief Executive Officer with a severance agreement in recognition of Chief Executive Officer’s valuable skills and
service to be provided in the event of a termination of employment under the circumstances described below. 
  
 NOW, THEREFORE, in consideration of the mutual covenants and conditions herein contained, the parties hereto agree as follows: 
  
 2. DEFINITIONS 
  
 For purposes of this Agreement only, the following terms shall have the meaning described
below: 
  
 A. “Employee” shall mean the Chief Executive
Officer covered under this Agreement, unless otherwise specifically indicated. 
  
 B. “Severance Pay” shall be three times the Chief Executive Officer’s ‘total annual compensation,’ as defined herein. ‘Total annual compensation’ as used herein shall be Chief
Executive Officer’s annual base salary for the year employment terminates plus the greater of Chief Executive Officer’s target bonus amount for the year employment terminates or the actual bonus paid to Chief Executive Officer the prior
year, whichever is greater. 
  
 C. “Cause” shall mean
any of the following: 
  
 (i) The continued,
unreasonable refusal or omission by the Chief Executive Officer to perform any material duties required of him by the Company, if such duties are consistent with duties customary for the Chief Executive Officer’s position; 
  
 (ii) Any material act or omission by the Chief Executive
Officer involving malfeasance or gross negligence in the performance of his duties to, or material deviation from any of the policies or directives of the Company; 
  

 Page 1 of 7 

 (iii) Conduct on the part of the Chief Executive Officer which constitutes the breach of
any statutory or common law duty of loyalty to the Company, including the unauthorized disclosure of material confidential information or trade secrets of the Company; or 
  
 (iv) Any illegal act by Chief Executive Officer which materially and adversely affects the business of the
Company or any felony committed by Chief Executive Officer, as evidenced by conviction thereof, provided that the Company may suspend the Chief Executive Officer with pay while any allegation of such illegal or felonious act is investigated.

  
 D. “Good Reason” shall mean any of the following,
without the Chief Executive Officer’s written consent, but if Chief Executive Officer does not resign within nine (9) months of the occurrence of an event (i)-(vii) as listed below, Chief Executive Officer is deemed to have consented and
acquiesced to the event which shall not thereafter constitute “good reason”: 
  
 (i) A reduction by the Company in Chief Executive Officer’s compensation that is not made in connection with an across the board
reduction of all the Company’s executive salaries; 
  
 (ii) A reduction by the Company of Chief Executive Officer’s benefits from those he was entitled to immediately prior to the resignation of employment that is not made in connection with an across the board
reduction of all the Company’s offered benefits; 
  
 (iii) The failure of the Company to obtain an agreement from any successor to the Company, or purchaser of all or substantially all of the Company’s assets, to assume this Agreement; 
  
 (iv) The assignment of Chief Executive Officer to duties
which reflect a material adverse change in authority, responsibility or status with the Company or any successor; 
  
 (v) A relocation of Chief Executive Officer to a location more than 30 miles from the location where the Chief Executive Officer was
regularly assigned to immediately prior to the Chief Executive Officer’s resignation of employment; 
  
 (vi) Chief Executive Officer’s removal as a member of the Board; or 
  
 (vii) A failure by the Company to pay any portion of the Chief Executive Officer’s compensation within
ten (10) days of the date due. 
  

 Page 2 of 7 

 E. “Change in Control” shall mean the occurrence of any of the following events: 
  
 (i) The acquisition, directly or indirectly, by any person
or group (within the meaning of Section 13(d)(3) of the Securities Exchange Act of 1934, as amended) of the beneficial ownership of more than fifty percent (50%) of the outstanding securities of the Company; 
  
 (ii) A merger or consolidation in which the Company is not
the surviving entity, except for a transaction the principal purpose of which is to change the state in which the Company is incorporated; 
  
 (iii) The sale, transfer or other disposition of all or substantially all of the assets of the Company; 
  
 (iv) A complete liquidation or dissolution of the Company;
or 
  
 (v) Any reverse merger in which the
Company is the surviving entity but in which securities possessing more than fifty percent (50%) of the total combined voting power of the Company’s outstanding securities are transferred to a person or persons different from the persons
holding those securities immediately prior to such merger. 
  
 3. ELIGIBILITY FOR SEVERANCE BENEFITS (RELEASE REQUIRED) 
  
 Chief Executive Officer shall be entitled to receive the benefits set forth in Section 4 if all of the following occur: 
  
 A. Chief Executive Officer’s employment is involuntarily terminated without “Cause” or if Chief Executive Officer voluntarily terminates
his employment with “Good Reason, in the absence of a “Change of Control”; 
  
 B. Termination of Chief Executive Officer’s employment occurs in the absence of a Change in Control, and not in anticipation of, connection with, or within two (2) years following a “Change in Control,”
as any benefits in such a situation are provided exclusively by the separate Change in Control Agreement executed by Chief Executive Officer on August 1, 2003. If termination of Chief Executive’s employment is made in anticipation of,
connection with, or within two (2) years following a “Change in Control,” then Chief Executive Officer shall be entitled only to those benefits provided for in Chief Executive Officer’s Change in Control Agreement and this Agreement
shall not be applicable and shall be null and void and of no effect whatsoever; and 
  
 C. Chief Executive Officer has executed a Release of Claims in favor of the Company and its agents, a form of which is available from Human Resources, and such Release must become effective in accordance with its
terms. 
  

 Page 3 of 7 

 4. SEVERANCE BENEFITS (RELEASE REQUIRED) 
  
 A. SEVERANCE PAY 
  
 If the Chief Executive Officer meets all of the eligibility requirements of Section 3 above,
the Chief Executive Officer shall receive his Severance Pay, paid in a lump sum, fifteen (15) days after his employment terminates or fifteen (15) days after the Company’s receipt of the Chief Executive Officer’s execution of an unrevoked
release, whichever is later. 
  
 B. COMPANY PAID COBRA 

 
 The Company shall pay for existing group employee benefit coverage continuation under the
Consolidated Omnibus Budget Reconciliation Act of 1985 (“COBRA”) as provided by the Company’s group agreements for thirty-six (36) months, beginning the calendar month after Chief Executive Officer’s termination and provided at
regular employee rates, or until Chief Executive Officer becomes eligible for group insurance benefits from another employer, whichever occurs first. If the full amount of time allowable under COBRA as applied by the California Continuation Benefits
Replacement Act, California Health and Safety Code § 1366.27 (“Cal-COBRA”) and the Company’s group health plan is less than thirty-six (36) months, then the Company shall pay for the cost of comparable coverage for the remainder
of the 36-month period. Chief Executive Officer shall have an obligation to inform Company if he receives group coverage from another employer while receiving COBRA or continued medical coverage from the Company. Chief Executive Officer may not
increase the number of designated dependants, if any, during this time unless Chief Executive Officer does so at his own expense in accordance with the applicable benefit Agreement. The period of such Company-paid COBRA coverage shall be considered
part of Chief Executive Officer’s COBRA and Cal-COBRA coverage entitlement period, and may, for tax purposes, be considered income to the Chief Executive Officer. 
  
 C. TAX LAW LIMITATIONS 
  
 Notwithstanding any other provision in this Agreement to the contrary, to the extent that any of the payments and benefits provided for in this Agreement or otherwise
payable to the Chief Executive Officer are presumed by a taxing authority to constitute “parachute payments” within the meaning of Section 280G of the Internal Revenue Code of 1986 as amended (“Code”), and the total payments
provided for in this Agreement exceed the amount triggering excise tax under the Code and but for this Section 4.C. would otherwise be presumed to be subject to the excise tax imposed by Section 4999 of the Code (the “Excise Tax”), the
parties agree to cooperate with each other under Paragraph 4.D. of the separate Change in Control Agreement executed by Chief Executive Officer on August 1, 2003. 
  
 5. WITHHOLDING TAXES ON BENEFITS 
  
 Notwithstanding any other provision of the Agreement, all severance benefits shall be reduced by any applicable federal, state, or local tax
withholding requirements and as permitted by law. 
  

 Page 4 of 7 

 6. NO OTHER SIMILAR BENEFITS 
  
 Except as provided for herein, the severance benefits provided by the Agreement are in lieu
of any other severance benefits provided by the Company under any other applicable agreement, practice or policy. This Severance Agreement expressly supercedes and makes inapplicable any other severance agreement, practice, or policy related to
severance benefits provided in the absence of a Change in Control. If there is a “Change in Control” as defined in Section 2.E above, the Change in Control Agreement executed by Chief Executive Officer on August 1, 2003 alone shall govern
Chief Executive Officer’s termination and severance benefits and this Agreement shall have no effect. 
  
 7. SET OFF/TERMINATION OF SEVERANCE BENEFITS 
  
 No payments or benefits payable to the Chief Executive Officer pursuant to this Agreement shall be reduced by any amount the Chief Executive
Officer may be entitled to receive as pension or retirement benefits, if any. 
  
 Subsequent employment by the Company, or any Company successor or affiliates prior to the payment of severance benefits will disqualify Chief Executive Officer from severance benefits. 
  
 8. DEATH 
  
 In the event Chief Executive Officer dies before the severance monies are paid, payment
shall be made to the designated beneficiary of the Chief Executive Officer in the same amount and at the same time that payment would have been made to the Chief Executive Officer. 
  
 9. LIMITATION ON TRANSFERABILITY 
  
 Except as provided in Section 8 above, the interest of the Chief Executive Officer in the benefits described in this Agreement may not be
sold, assigned, transferred or otherwise disposed of in any way, and any attempted sale, assignment, transfer or other disposition shall be null and void. If Chief Executive Officer attempts to sell, assign, transfer or otherwise encumber his or her
rights or interest in the Agreement, other than as permitted by Section 8, such act will be treated as an election by the Chief Executive Officer to discontinue participation in the Agreement. 
  
 10. ARBITRATION 
  
 Chief Executive Officer and the Company agree that any dispute or claim, including all
contract, tort, discrimination and other statutory claims, arising under or relating to benefits under this Agreement or related to Chief Executive Officer’s employment or termination of employment (“arbitrable claims”) shall be
resolved by arbitration. HOWEVER, Chief Executive Officer and the Company agree that this arbitration provision shall not apply to any disputes or claims relating to or arising out of the misuse or misappropriation of trade secrets or proprietary
information. Arbitration shall be final and binding on the parties and shall be the exclusive remedy for arbitrable claims. Chief Executive Officer and the Company hereby waive any rights each may have to a jury trial in regard to the arbitrable
claims. Chief Executive Officer and the Company further agree that the arbitrator shall have the sole authority to determine arbitrability of any such arbitrable claims. Arbitration shall be conducted by the American Arbitration Association in
Orange County, California (or other mutually agreed upon city) under the 

  

 Page 5 of 7 

 
National Rules for the Resolution of Employment Disputes. As, in any arbitration, the burden of proof shall be allocated as provided by applicable law. The
Company agrees to pay the fees and costs of the arbitrator. However, the arbitrator shall have the same authority as a court to award equitable relief, damages, costs, and fees (excluding the costs and fees for the arbitrator) as provided by law for
the particular claims asserted. This arbitration clause shall be governed by and construed in all respects under the terms of the Federal Arbitration Act (“FAA”). 
  
 11. SETTLEMENT OF CLAIMS 
  
 The Company’s obligation to make the payments provided for in this Agreement and otherwise to perform its obligations hereunder shall
not be affected by any circumstances, including, without limitation, any set-off, counterclaim, recoupment, defense or other right which the Company may have against the Chief Executive Officer or others. 
  
 12. SEVERABILITY 
  
 If any term, provision, covenant or condition of this Agreement is held to be invalid, void,
or unenforceable, the remainder of the provisions of this Agreement shall remain in full force and effect and shall in no way be affected, impaired or invalidated thereby. 
  
 13. ENTIRE AGREEMENT; AMENDMENTS; WAIVER 
  
 This Agreement, together with all stock option agreements and/or plans, any Employee Secrecy
Agreements, and/or any Proprietary Information and Inventions Agreements, is the entire agreement between the parties hereto concerning the subject matter hereof and supersedes and replaces all prior or contemporaneous agreements or understandings
between the parties. This Agreement may not be amended or modified in any manner, except by an instrument in writing signed by the Chief Executive Officer and an officer of the Company as designated by the Board. Except with respect to “Good
Reason” in Section 2.D, failure of either party to enforce any other provisions of this Agreement or any rights with respect thereto or failure to exercise any election provided for herein shall in no way be considered to be a waiver of such
provisions, rights or elections, or in any way effect the validity of this Agreement, except for the deemed consent and acquiesce provided for in Section 2.D. The failure of either party to exercise any of the provisions, rights or elections in this
Agreement, except for those described in Section 2.D, shall not preclude or prejudice such party from later enforcing or exercising those same provisions, rights or elections which it may have under this Agreement. 
  
 14. GOVERNING LAW 
  
 This Agreement shall be governed by and construed in all respects in accordance with the
laws of the State of California or the FAA, as applicable. 
  

 Page 6 of 7 

 15. ATTORNEYS’ FEES 
  
 In the event of any action for the breach of this Agreement, the prevailing party shall be
entitled to reasonable attorneys’ fees, costs and expenses incurred in connection with such action. 
  
 16. AT WILL EMPLOYMENT 
  
 Nothing herein is intended to alter the at-will employment status of the Chief Executive Officer. Specifically, the Chief Executive Officer’s employment with the
Company is “at-will.” Either the Company or the Chief Executive Officer may terminate his employment with or without cause or good reason, and with or without notice. In addition, the Company has the right to change the Chief Executive
Officer’s compensation, duties, assignments and responsibilities or location of employment at any time, with or without cause or notice. 
  
 IN WITNESS WHEREOF, the parties have executed this Agreement as of the day and year first above written. 
  

	 “Chief Executive Officer”
	 	 	 	 “Company”

			
	 	 	 	 	 Powerwave Technologies, Inc.

					
	 By:
	 	     /s/ Bruce C. Edwards

	 	 	 	 By:
	 	     /s/ Andrew J. Sukawaty

	 	 	 Bruce C. Edwards
	 	 	 	 	 	 Andrew J. Sukawaty

					
	 	 	 	 	 	 	 Title:
	 	 Chairman, Compensation Committee

  

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