0000813672-24-000155 Sample Contracts

TRANSITION AND RELEASE AGREEMENT
Transition and Release Agreement • July 24th, 2024 • Cadence Design Systems Inc • Services-prepackaged software • California

This Transition and Release Agreement (this “Agreement”) is entered into between Neil Zaman (“Executive”) and Cadence Design Systems, Inc. (“Cadence” or the “Company”). This Agreement is subject to the terms of the Cadence Design Systems, Inc. Executive Severance Plan (this “Plan”) except to the extent of any inconsistency, in which case the terms of this Agreement shall govern. Capitalized terms used herein that are not otherwise defined shall have the meanings set forth in the Plan.

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CADENCE DESIGN SYSTEMS, INC. Restricted Stock Unit Agreement Omnibus Equity Incentive Plan (the “Plan”)
Restricted Stock Unit Agreement • July 24th, 2024 • Cadence Design Systems Inc • Services-prepackaged software • Delaware

This Award is subject to the terms and conditions set forth in this Restricted Stock Unit Agreement, including the additional terms and conditions contained in the appendix attached hereto (the “Appendix”) (collectively, this “Agreement”), and in the Plan located at the Company’s Employee Stock Services’ intranet webpage; provided, however, if there is a conflict between the terms of this Agreement and the terms of the Plan, the terms of this Agreement will govern. Capitalized terms that are not defined herein will have the meanings set forth in the Plan.

CADENCE DESIGN SYSTEMS, INC. Incentive Stock Award Agreement Omnibus Equity Incentive Plan (the “Plan”)
Incentive Stock Award Agreement • July 24th, 2024 • Cadence Design Systems Inc • Services-prepackaged software • Delaware

Cadence Design Systems, Inc. (the “Company”) grants the participant named below (the “Participant”) an Incentive Stock Award pursuant to the Plan as set forth below (the “Award”). This Award is subject to the terms and conditions set forth in this Incentive Stock Award Agreement, including the additional terms and conditions contained in the appendix attached hereto (the “Appendix”) (collectively, this “Agreement”), and in the Plan located at the Company’s Employee Stock Services’ intranet webpage; provided, however, if there is a conflict between the terms of this Agreement and the terms of the Plan, the terms of this Agreement will govern. Capitalized terms that are not defined herein will have the meanings set forth in the Plan.

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