Transition Services and Severance Agreement Sample Contracts

TRANSITION SERVICES AND SEVERANCE AGREEMENT
Transition Services and Severance Agreement • September 8th, 2010 • Microtune Inc • Semiconductors & related devices • Texas

This TRANSITION SERVICES AND SEVERANCE AGREEMENT (this “Agreement”), dated as of this 7th day of September, 2010, by and between Microtune, Inc., a Delaware corporation (the “Company”), and Justin M. Chapman (“Executive”), is made contingent upon, and effective immediately prior to, the closing (the “Closing”) of the proposed merger (the “Merger”) of a wholly-owned subsidiary of Zoran Corporation, a Delaware corporation (the “Parent”), with the Company (the date of such Closing, the “Effective Date”).

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TRANSITION SERVICES AND SEVERANCE AGREEMENT
Transition Services and Severance Agreement • September 8th, 2010 • Microtune Inc • Semiconductors & related devices • Texas

This TRANSITION SERVICES AND SEVERANCE AGREEMENT (this “Agreement”), dated as of this 7th day of September, 2010, by and between Microtune, Inc., a Delaware corporation (the “Company”), and Phillip D. Peterson (“Executive”), is made contingent upon, and effective immediately prior to, the closing (the “Closing”) of the proposed merger (the “Merger”) of a wholly-owned subsidiary of Zoran Corporation, a Delaware corporation (the “Parent”), with the Company (the date of such Closing, the “Effective Date”).

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