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Separation Agreement • April 26th, 2006 • Netgear Inc • Telephone & telegraph apparatus • California

Exhibit 99.2 SEPARATION AGREEMENT AND RELEASE RECITALS This Separation Agreement and Release (the "Agreement") is by and between Netgear, Inc. (the "Company") and Jonathan R. Mather ("Executive"). WHEREAS, Executive is employed by the Company as its Executive Vice President and Chief Financial Officer; WHEREAS, Executive and the Company entered into an Employment Agreement ("Employment Agreement") on August 10, 2001; WHEREAS, Executive signed the Company's Employee Invention Assignment and Proprietary Information Agreement (the "Proprietary Information Agreement") on August 10, 2001; WHEREAS, the Company granted Executive options to purchase shares of the Company's common stock (the "Options"), subject to the terms and conditions of the Company's 2000 Stock Plan and 2003 Stock Plan (collectively, the "Plans") and the stock option agreements accompanying such Options (the Plans and stock option agreements, including any exhibits thereto, shall be referred to as the "Stock A

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