SEC Contract Filing

Filing Date: 2018-02-28

Document Content:
<DOCUMENT>
<TYPE>EX-10.23
<SEQUENCE>2
<FILENAME>ex_106207.htm
<DESCRIPTION>EXHIBIT 10.23
<TEXT>
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	<title>ex_106202.htm</title>

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<p style="font-family: &quot;Times New Roman&quot;, Times, serif; font-size: 10pt; margin: 0pt; text-align: right;"><font style="font-family:'Times New Roman', Times, serif;font-size:10pt;">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Exhibit 10.23</font></p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>&nbsp;</b></p>

<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>INPHI CORPORATION</b></p>

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<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>2010 STOCK INCENTIVE PLAN</b></p>

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<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:center;"><b>STOCK UNIT AGREEMENT <font style="font-family:'Times New Roman', Times, serif;font-size:10pt;">&ndash; U.S. AND NON-U.S. EMPLOYEES AND CONSULTANTS</font></b></p>

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<p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;">Capitalized terms that are used herein but not defined shall have the meanings set forth in the Inphi Corporation 2010 Stock Incentive Plan (the &ldquo;Plan&rdquo;) and <font style="font-family:'Times New Roman', Times, serif;font-size:10pt;">the Notice of Stock Unit Award &ndash; U.S. and Non-U.S. Employees and Consultants (the &ldquo;Notice&rdquo;).</font></p>

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 <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Payment<font style="font-family:'Times New Roman', Times, serif;font-size:10pt;">&nbsp;for&nbsp;Stock Units</font></b></p>
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 <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">No cash payment is required for the Stock Units you receive<font style="font-family:'Times New Roman', Times, serif;font-size:10pt;">.</font></p>
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 <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Vesting</b></p>
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 <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:justify;">The Stock Units that you are receiving will vest in installments, as shown in the Notice.<font style="font-family:'Times New Roman', Times, serif;font-size:10pt;">&nbsp;No additional Stock Units vest after your Service as an Employee or a Consultant has terminated for any reason (regardless of the reason for such termination and whether or not later found to be invalid or in breach of employment laws in the jurisdiction in which you provide services or the terms of your employment or service agreement, if any). For purposes of this Award, Service shall terminate if and when you cease to actively provide services, notwithstanding that you may be subject to a period of notice or garden leave protection that arises under statute, contract or at common law&nbsp;in the jurisdiction in which you&nbsp;provide services or under the terms of your employment or service agreement, if any.&nbsp; The Company determines when you are no longer actively providing services for purposes of your participation in the Plan and its determinations are conclusive and binding on all persons.</font></p>
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 <p style="font-family:'Times New Roman', Times, serif;font-size:10pt;margin:0pt;text-align:left;"><b>Forfeiture</b></p>
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