SETTLEMENT AGREEMENTSettlement Agreement • May 23rd, 2008 • Silicon Storage Technology Inc • Semiconductors & related devices • California
THIS AGREEMENT, dated as of May 21, 2008 (the “Agreement”), is by and among SILICON STORAGE TECHNOLOGY, INC., a California corporation (the “Company”), and the other persons and entities that are signatories hereto (collectively, the “Riley Group,” and each, individually, a “member” of the Riley Group) which presently are or may be deemed to be members of a “group” with respect to the common stock of the Company, no par value per share (the “Common Stock”), pursuant to Rule 13d-5 promulgated by the Securities and Exchange Commission (the “SEC”) under the Securities Exchange Act of 1934, as amended (the “Exchange Act”).
