Tessera Technologies, Inc. 3099 Orchard Drive San Jose, CA 95134 Phone 408.894.0700 Fax 408.894.0788
Exhibit 10.30
[LOGO]
Tessera Technologies, Inc. 0000 Xxxxxxx Xxxxx Xxx Xxxx, XX 00000 Phone 000.000.0000 Fax 000.000.0000 |
November 8, 20001
Xx. Xxxx Xxxxxx
00000 Xxxxx Xxxx Xx.
Xxx Xxxxx Xxxxx, XX 00000
Dear Phil:
Tessera’s Board of Directors approved an extension to your consulting agreement on August 15, 2001. This revision extends your consulting term to the end of 2002, and includes an incremental option grant of 82,000 shares, vesting from August 1, 2001 through November 30, 2002.
As a part of this extension it is understood that
• | There is an unpaid sabbatical from 8/1/02 through 12/31/02. During this sabbatical your options will continue to vest. |
• | Your consulting contract cannot be terminated by Tessera prior to December 31, 2002, however, Tessera can change the agreement to an unpaid inactive status. If Tessera makes such a change, you options will continue to vest through November 30, 2002. |
I hope this clarifies our understanding.
Very truly yours,
/s/ Xxxxx XxXxxxxxxx
Xxxxx XxXxxxxxxx
President & CEO