Consulting Agreement between TiVo Inc. and Ta-Wei Chien (August 3, 2004)
This agreement is between TiVo Inc. and Ta-Wei Chien, whose employment with TiVo ends on August 3, 2004. For one year after this date, Chien will serve as a consultant to TiVo, providing transition support in manufacturing and licensing as needed. During this consulting period, Chien's stock options remain exercisable but will terminate at the end of the year. No further stock options will vest after the employment ends.
Exhibit 10.4
August 3, 2004
Ta-Wei Chien
Separation Date and Consulting Period
Dear Ta-Wei,
Your employment with TiVo Inc. will terminate on August 3, 2004. For the period commencing on the Separation Date (August 3, 2004) and ending one (1) year later (the Consulting Period), you agree to make yourself available to TiVo Inc. during the Consulting Period, on such dates and times as TiVo may request and are reasonably agreeable to you, as a consultant. During the Consulting Period, you agree to provide such consulting services as reasonably requested by TiVo to assist with transition efforts in the areas of manufacturing and licensing based on the scope of your duties during your term of employment with TiVo. During the Consulting Period, your stock options shall remain exercisable and shall terminate immediately upon the completion of the Consulting Period. Your stock options shall cease to vest as of the Separation Date.
/s/ Ta-Wei Chien | 8/3/2004 | |||||||
Ta-Wei Chien | Date | |||||||
/s/ David Courtney | 8-3-2004 | |||||||
David Courtney | Date |
TiVo Inc. 2160 Gold Street P.O. Box 2160
Alviso, CA 95002
Tel ###-###-#### Fax ###-###-#### www.tivo.com