Attached files

file filename
S-1 - FORM S-1 - APACHE DESIGN SOLUTIONS INCds1.htm
EX-3.1 - FORM OF AMENDED AND RESTATED CERTIFICATE OF INCORPORATION - APACHE DESIGN SOLUTIONS INCdex31.htm
EX-4.2 - AMENDED AND RESTATED INVESTORS' RIGHTS AGREEMENT - APACHE DESIGN SOLUTIONS INCdex42.htm
EX-3.2 - FORM OF AMENDED AND RESTATED BYLAWS - APACHE DESIGN SOLUTIONS INCdex32.htm
EX-2.1 - ASSET PURCHASE AGREEMENT - APACHE DESIGN SOLUTIONS INCdex21.htm
EX-10.5 - PURCHASE AGREEMENT - APACHE DESIGN SOLUTIONS INCdex105.htm
EX-10.9 - AMENDMENT NO. 1 TO DEVELOPMENT, MARKETING & LICENSE AGREEMENT - APACHE DESIGN SOLUTIONS INCdex109.htm
EX-10.2 - 2011 EQUITY INCENTIVE PLAN - APACHE DESIGN SOLUTIONS INCdex102.htm
EX-23.1 - CONSENT OF KPMG LLP - APACHE DESIGN SOLUTIONS INCdex231.htm
EX-10.8 - DEVELOPMENT, MARKETING & LICENSE AGREEMENT - APACHE DESIGN SOLUTIONS INCdex108.htm
EX-10.3 - 2011 EMPLOYEE STOCK PURCHASE PLAN - APACHE DESIGN SOLUTIONS INCdex103.htm
EX-10.6 - AMENDMENT NO. 1 TO PURCHASE AGREEMENT - APACHE DESIGN SOLUTIONS INCdex106.htm
EX-10.7 - INTEL SIDE LETTER - APACHE DESIGN SOLUTIONS INCdex107.htm
EX-10.1 - 2001 STOCK OPTION/STOCK ISSUANCE PLAN - APACHE DESIGN SOLUTIONS INCdex101.htm
EX-21.1 - LIST OF SUBSIDIARIES OF THE REGISTRANT - APACHE DESIGN SOLUTIONS INCdex211.htm
EX-10.4 - SOFTWARE LICENSE AGREEMENT - APACHE DESIGN SOLUTIONS INCdex104.htm
EX-10.10 - LEASE AGREEMENT - APACHE DESIGN SOLUTIONS INCdex1010.htm
EX-10.26 - FORM OF 2010 AE COMPENSATION POLICY - APACHE DESIGN SOLUTIONS INCdex1026.htm
EX-10.11 - FORM OF INDEMNIFICATION AGREEMENT - APACHE DESIGN SOLUTIONS INCdex1011.htm
EX-10.17 - OFFER LETTER - NORMAN CHANG - APACHE DESIGN SOLUTIONS INCdex1017.htm
EX-10.14 - OFFER LETTER - STEVEN (CRAIG) SHIRLEY - APACHE DESIGN SOLUTIONS INCdex1014.htm
EX-10.22 - SALARY RAISE LETTER - YU LIU - APACHE DESIGN SOLUTIONS INCdex1022.htm
EX-10.24 - LETTER AGREEMENT - PING YANG - APACHE DESIGN SOLUTIONS INCdex1024.htm
EX-10.25 - LETTER AGREEMENT - LORI HOLLAND - APACHE DESIGN SOLUTIONS INCdex1025.htm
EX-10.16 - SALARY RAISE LETTER - DIAN YANG - APACHE DESIGN SOLUTIONS INCdex1016.htm
EX-10.15 - OFFER LETTER - DIAN YANG - APACHE DESIGN SOLUTIONS INCdex1015.htm
EX-10.20 - SALARY RAISE LETTER - SHEN LIN - APACHE DESIGN SOLUTIONS INCdex1020.htm
EX-10.23 - OFFER LETTER - AVEEK SARKAR - APACHE DESIGN SOLUTIONS INCdex1023.htm
EX-10.21 - OFFER LETTER - YU LIU - APACHE DESIGN SOLUTIONS INCdex1021.htm
EX-10.18 - SALARY RAISE LETTER - NORMAN CHANG - APACHE DESIGN SOLUTIONS INCdex1018.htm
EX-10.27 - FORM OF 2010 SALES COMPENSATION POLICY - APACHE DESIGN SOLUTIONS INCdex1027.htm

Exhibit 10.19

February 5, 2001

Dr. Shen Lin

[Address]

Dear Shen:

It is my pleasure to offer you the position of President of Apache Design Solutions, Inc. (the “Company”). This letter shall serve to confirm the terms of your employment with the Company. Such employment shall begin immediately upon your acceptance of this letter or as indicated herein (“Acceptance Date”). If the terms discussed below are acceptable to you, please sign this confirmation letter where indicated and return it to me.

1. Compensation.

a. Salary. You will be paid a salary of $9,583.33 per month, less applicable with holdings and deductions (hereafter “Salary”). All reasonable business expenses that are documented by you will be reimbursed that are incurred in the ordinary course of business.

b. Stock or Options. Subject to Board approval, the Company will grant you an option to purchase 10,000 shares of Common Stock at an exercise equal to the then fair market value as determined by the Board of Directors. Such option shall be subject to vesting restrictions and other standard provisions set forth in the Company’s stock option documentation and as applicable to the Company’s employees in general.

c. Vacation, Holidays and Sick Leave. The Company will provide you with vacation pay during your employment. Sick leave and holidays will be provided in accordance with the Company’s policies.

2. Non-Compete and Outside Activities. You agree that, while serving as a full-time employee of the Company, you will not engage in any activity, which is competitive with the Company.

3. Termination / Resignation.

a. Voluntary Resignation / Termination for Cause. If you resign from the Company or any successor (except for a resignation for “Good Reason” as set forth below), or if the Company or any successor terminates your employment for “Cause” (as defined herein), then you shall not be entitled to receive severance or other benefits, except for your base salary and for the value of all accrued, but unused vacation earned through the date of termination, hut nothing else. For all purposes under this Agreement, a termination for “Cause” shall mean a termination of your employment for either of the following reasons: (i) any act by you which


materially damages the Company’s or any successor’s business, operations or reputation and which involves embezzlement or dishonesty or (ii) repeated failure to substantially perform your material duties and responsibilities to the reasonable satisfaction of the Board after you shall have been given written notice describing the basis of such claim and thirty (30) days to cure such failure. A termination of your employment in any other circumstances or for any other reasons will be a termination “Without Cause.”

b. Resignation for Good Reason / Termination without Cause / Death or Disability. In the event (i) that you are terminated “Without Cause” (as defined above); (ii) that you resign immediately by reason of the occurrence of any of the following events without your express written consent, unless corrected prior to the date of your departure (each of which shall be deemed a resignation for “Good Reason”): (x) a change in your position with the Company or any successor which materially reduces below the level of a Vice President your level of responsibilities or duties or title, (y) a material reduction in your level of compensation (including base salary and fringe benefits (unrelated to any executive officer-wide reduction)), or (z) a relocation of your principal place of employment by more than fifty (50) miles from your current principal place of employment; or (iii) of your death or when the Board bas reasonably determined that you have become unable to perform substantially your services and duties because of any physical or mental injury or disability, and that it is reasonably likely that you will not be able to resume substantially performing your services and duties with the Company (a “Disability”), then you shall be entitled to receive a severance payment equal to six (6) months of your base salary and, if you are eligible for and elect to continue your medical benefit coverage under COBRA, payment by the Company for that coverage for six (6) months.

c. “At Will” Employment. Employment with the Company is not for a specific term and can be terminated by yourself or by the Company at any time for any reason, with or without cause, without liability to either party (except as otherwise expressly provided for in Paragraph 3(b) above). Any contrary representations which may have been made or which may be made to you are superseded by this offer. This is the full and complete agreement between us on this term. We request that all of our employees, to the extent possible, give us advance notice if they intend to resign.

4. Proprietary Information and Inventions Agreement. Your acceptance of this offer is contingent upon the execution of the Company’s Proprietary Information and Inventions Agreement, a copy of which is attached hereto as Exhibit A for your execution.

5. Arbitration. Any controversy between the parties hereto involving the construction of application of any terms, covenants or conditions of this Agreement, or any claims arising out of or relating to this Agreement or the breach thereof or with your employment with the Company or any termination of that employment, will be submitted to and settled by final and binding arbitration in Palo Alto, California, in accordance with the Model Employment Dispute Resolution Rules of the American Arbitration Association (the “Rules”) then in effect. Any arbitrator shall be selected pursuant to such Rules and judgment upon the award rendered by the arbitrators may be entered in any court having jurisdiction thereof.

The terms of this offer and the enclosed Proprietary Information and Inventions Agreement must be agreed to as a condition of your employment. To accept this offer, please sign


below and where indicated on the Proprietary Information and Inventions Agreement. This offer, if not accepted, will expire on February 19, 2001.

We look forward to working with you to make Apache Design Solutions, Inc. a success. If there are any aspects of our offer which you would like clarified, please let me know.

 

   Very truly yours,   
  

/s/ Norman Chang

  
   Norman Chang   


ACCEPTANCE

I accept this employment offer. The provisions stated in this letter supersede all prior discussions and offer negotiations.

 

Accepted:  

/s/ Shen Lin

 

Date  

2/19/2001

 

Start Date:  

2/19/2001