Amendment to Consulting Agreement between Tessera Technologies, Inc. and Dr. Phil Dauber (November 8, 2001)
Tessera Technologies, Inc. and Dr. Phil Dauber have amended their consulting agreement to extend Dr. Dauber's consulting term through the end of 2002. The amendment grants Dr. Dauber an additional option to purchase 82,000 shares, vesting from August 1, 2001, to November 30, 2002. Dr. Dauber will take an unpaid sabbatical from August 1, 2002, to December 31, 2002, during which his options will continue to vest. Tessera cannot terminate the contract before December 31, 2002, but may place Dr. Dauber on unpaid inactive status, with options continuing to vest through November 30, 2002.
Exhibit 10.30
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| Tessera Technologies, Inc. 3099 Orchard Drive San Jose, CA 95134 Phone 408 ###-###-#### Fax 408 ###-###-#### |
November 8, 20001
Dr. Phil Dauber
27930 Roble Alto Rd.
Los Altos Hills, CA 94022
Dear Phil:
Tessera’s Board of Directors approved an extension to your consulting agreement on August 15, 2001. This revision extends your consulting term to the end of 2002, and includes an incremental option grant of 82,000 shares, vesting from August 1, 2001 through November 30, 2002.
As a part of this extension it is understood that
| • | There is an unpaid sabbatical from 8/1/02 through 12/31/02. During this sabbatical your options will continue to vest. |
| • | Your consulting contract cannot be terminated by Tessera prior to December 31, 2002, however, Tessera can change the agreement to an unpaid inactive status. If Tessera makes such a change, you options will continue to vest through November 30, 2002. |
I hope this clarifies our understanding.
Very truly yours,
/s/ Bruce McWilliams
Bruce McWilliams
President & CEO
