January ___, 2013 Mr. [ ] Redwood City, CA 94063 Dear [ ]:Employment Agreement • January 14th, 2013 • Unwired Planet, Inc. • Services-prepackaged software • California
In connection with and conditioned upon the closing of that certain patent purchase transaction entered into by and among, inter alia, Telefonaktiebolaget L.M. Ericsson (“Ericsson”) and the Company as of January __, 2013 (the “Ericsson Patent Purchase”), we are pleased to deliver to you this letter agreement, which, effective upon the closing of the Ericsson Patent Purchase, amends and restates that certain letter agreement memorializing the terms of your employment with Unwired Planet, Inc. (“the Company”) dated June 11, 2012 (the “Prior Agreement”), to provide that a portion of your commission payments contemplated in the Prior Agreement be awarded to you in the form of a time-based RSU award granted under the Company’s Amended and Restated 2006 Stock Incentive Plan (the “Plan”) and to make certain other changes.
