SEVERANCE AGREEMENTSeverance Agreement • February 15th, 2023 • Adeia Inc. • Cable & other pay television services • California
This Severance Agreement (this “Agreement”) is made by and between Adeia Inc. (f/k/a Xperi Holding Corporation (“Xperi”)), a Delaware corporation (the “Company”), and [•] (“Executive”), effective as of February 9, 2023 (such date, the “Effective Date”). For purposes of this Agreement, the “Company” shall mean the Company and any successor to the Company’s business and/or assets which assumes and agrees to perform this Agreement by operation of law or otherwise.
AMENDED AND RESTATED SEVERANCE AGREEMENTAmended and Restated Severance Agreement • February 15th, 2023 • Adeia Inc. • Cable & other pay television services • California
This Amended and Restated Severance Agreement (this “Agreement”) is made by and between Adeia Inc. (f/k/a Xperi Holding Corporation (“Xperi”)), a Delaware corporation (the “Company”), and Paul Davis (“Executive”), effective as of February 9, 2023 (such date, the “Effective Date”). For purposes of this Agreement, the “Company” shall mean the Company and any successor to the Company’s business and/or assets which assumes and agrees to perform this Agreement by operation of law or otherwise. This Agreement amends and restates and supersedes in its entirety the Change in Control Severance Agreement by and between Xperi and Executive, effective as of September 29, 2020 (the “Prior Agreement”) and supersedes in its entirety the Severance Agreement by and between Xperi and Executive, effective as of September 29, 2020 (together with the Prior Agreement, the “Legacy Agreements”).
