Common use of SECOND TERMINATION PAYMENT AND BENEFITS Clause in Contracts

SECOND TERMINATION PAYMENT AND BENEFITS. Provided that Executive does not resign from employment with Cadence and Cadence does not terminate Executive's employment with Cadence due to a breach by Executive of Executive's duties under this Agreement, upon the Termination Date, and in consideration for Executive's acceptance of this Agreement and Executive's further execution of a Release of Claims in the form of Attachment 2 to this Agreement, Cadence will provide to Executive within ten business days after the expiration of the revocation period of the Release of Claims (as defined in that document) the following termination payment to which Executive would not otherwise be entitled: a. a lump-sum payment of one year's target bonus at the highest rate in effect during Executive's employment as Senior Vice President and General Counsel, less applicable tax deductions and withholdings.

SECOND TERMINATION PAYMENT AND BENEFITS. Provided that Executive does not resign from employment with Cadence and Cadence does not terminate Executive's employment with Cadence due to a breach by Executive of Executive's duties under this Agreement, upon the Termination Date, and in consideration for Executive's acceptance of this Agreement and Executive's further execution of a Release of Claims in the form of Attachment 2 1 to this Agreement, Cadence will provide to Executive within ten business days after the expiration of the revocation period of the Release of Claims (as defined in that document) the following termination payment to which Executive would not otherwise be entitled: a. a lump-sum payment of one year's target bonus at the highest rate in effect during Executive's employment as Senior Executive Vice President and General CounselManager (i.e., $450,000), less applicable tax deductions and withholdings.

SECOND TERMINATION PAYMENT AND BENEFITS. Provided that Executive does not resign from employment with Cadence and Cadence does not terminate Executive's ’s employment with Cadence due to a breach by Executive of Executive's ’s duties under this Agreement, upon the Termination Date, and in consideration for Executive's ’s acceptance of this Agreement and Executive's ’s further execution of a Release of Claims in the form of Attachment 2 to this Agreement, Cadence will provide to Executive within ten business days after the expiration of the revocation period of the Release of Claims (as defined in that document) the following termination payment payment, to which Executive would not otherwise be entitled: a. : a lump-sum payment equal to the greater of one year's (i) the target bonus at Executive could have earned had he remained employed through the highest rate in effect during Executive's employment as Senior Vice President and General Counselremainder of the Initial Term, or (ii) eight hundred thousand dollars ($800,000), less applicable tax deductions and withholdings.

SECOND TERMINATION PAYMENT AND BENEFITS. Provided that Executive does not resign from employment with Cadence and Cadence does not terminate Executive's ’s employment with Cadence due to a breach by Executive of Executive's ’s duties under this Agreement, upon the Termination Date, and in consideration for Executive's ’s acceptance of this Agreement and Executive's ’s further execution of a Release of Claims in the form of Attachment 2 to this Agreement, Cadence will provide to Executive within ten business days after the expiration of the revocation period of the Release of Claims (as defined in that document) the following termination payment payment, to which Executive would not otherwise be entitled: a. a lump-sum payment of one year's ’s target bonus at the highest rate in effect during Executive's ’s employment as Senior Executive Vice President President, Products and General CounselTechnologies Organization, less applicable tax deductions and withholdings.

SECOND TERMINATION PAYMENT AND BENEFITS. Provided that Executive does not resign from employment with Cadence and Cadence Cxxxxxx does not terminate Executive's employment with Cadence due to a breach by Executive of Executive's duties under this Agreement, upon the Termination Date, and in consideration for Executive's acceptance of this Agreement and Executive's further execution of a Release of Claims in the form of Attachment 2 to this Agreement, Cadence will provide to Executive within ten business days after the expiration of the revocation period of the Release of Claims (as defined in that document) the following termination payment to which Executive would not otherwise be entitled: a. a lump-sum payment of one year's target bonus at the highest rate in effect during Executive's employment as Senior Executive Vice President and General CounselManager, less applicable tax deductions and withholdings.

SECOND TERMINATION PAYMENT AND BENEFITS. Provided that Executive does not resign from employment with Cadence and Cadence does not terminate Executive's ’s employment with Cadence due to a breach by Executive of Executive's ’s duties under this Agreement, upon the Termination Date, and in consideration for Executive's ’s acceptance of this Agreement and Executive's ’s further execution of a Release of Claims in the form of Attachment 2 to this Agreement, Cadence will provide to Executive within ten business days after the expiration of the revocation period of the Release of Claims (as defined in that document) the following termination payment payment, to which Executive would not otherwise be entitled: a. : • a lump-sum payment of one year's ’s target bonus at the highest rate in effect during Executive's employment as Senior Vice President and General Counselbonus, or $400,000.00, less applicable tax deductions and withholdingswithholdings provided.