EMPLOYMENT AGREEMENTEmployment Agreement • June 10th, 2003 • Zoran Corp \De\ • Semiconductors & related devices • California
This Employment Agreement (the “Agreement”) is made and entered into as of May 4, 2003 by and between Zoran Corporation, a Delaware corporation (the “Company”), and Young K. Sohn (“Employee”). This Agreement shall become effective immediately following the effective time (the “Effective Time”) of the merger (the “Merger”) of Oak Technology, Inc., a Delaware corporation (“Oak”), with and into Zoran Acquisition Corporation, a Delaware corporation and wholly-owned subsidiary of the Company (“Sub”), pursuant to an Agreement and Plan of Reorganization of even date herewith by and among the Company, Sub and Oak (the “Merger Agreement”).
