TIVO INC. STOCK RESTRICTION AGREEMENTStock Restriction Agreement • February 13th, 2004 • Tivo Inc • Cable & other pay television services • California
THIS STOCK RESTRICTION AGREEMENT (the “Agreement”), is made and entered into as of this 12th day of January, 2004 by and between Jonathan Payne (“Stockholder”) and TiVo Inc., a Delaware Corporation (the “Company”) and shall be effective as of the Closing Date of the merger of Trojan Acquisition, Inc., a Delaware corporation (“Merger Sub”) and wholly-owned subsidiary of the Company, with and into Strangeberry Inc., a Delaware corporation (“Strangeberry,” and such merger, the “Merger”), as such date is defined in that certain Agreement and Plan of Merger by and among the Company, Merger Sub and Strangeberry dated as of January 12, 2004 (the “Merger Agreement”).
