Xperi Inc. Sample Contracts

EMPLOYEE MATTERS AGREEMENT by and among ADEIA INC. and XPERI INC. dated as of October 1, 2022
Employee Matters Agreement • October 6th, 2022 • Xperi Inc. • Services-prepackaged software • Delaware

This EMPLOYEE MATTERS AGREEMENT (this “Agreement”), is entered into as of October 1, 2022, by and among Adeia Inc., a Delaware corporation (“RemainCo”) and Xperi Inc., a Delaware corporation and a subsidiary of RemainCo (“SpinCo”). RemainCo and SpinCo are sometimes referred to herein individually as a “Party,” and collectively as the “Parties”. Capitalized terms used in this Agreement, but not otherwise defined in this Agreement, shall have the meaning given to such terms in the Separation and Distribution Agreement by and between the Parties, dated as of October 1, 2022 (the “Separation Agreement”).

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XPERI INC. STOCK OPTION GRANT NOTICE AND STOCK OPTION AGREEMENT
Stock Option Agreement • August 26th, 2022 • Xperi Inc. • Services-prepackaged software • Delaware

Xperi Inc., a Delaware corporation (the “Company”), pursuant to its 2022 Equity Incentive Plan (the “Plan”), hereby grants to the holder listed below (“Participant”), an option to purchase the number of shares of the Company’s Common Stock (“Shares”) set forth below (the “Option”). This Option is subject to all of the terms and conditions set forth herein and in the Stock Option Agreement attached hereto as Exhibit A (the “Stock Option Agreement”) and the Plan, which are incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Grant Notice and the Stock Option Agreement.

TAX MATTERS AGREEMENT by and between ADEIA INC. and XPERI INC. Dated as of October 1, 2022
Tax Matters Agreement • October 6th, 2022 • Xperi Inc. • Services-prepackaged software • Delaware

This TAX MATTERS AGREEMENT (this “Agreement”) is dated as of October 1, 2022, by and between Adeia Inc. (f/k/a Xperi Holding Corporation), a Delaware corporation (“IP RemainCo”), and Xperi Inc. (f/k/a TiVo Product HoldCo Corporation), a Delaware corporation (“Product SpinCo”). Each of IP RemainCo and Product SpinCo is sometimes referred to herein as a “Party” and collectively, as the “Parties.”

TRANSITION SERVICES AGREEMENT by and between ADEIA INC. and XPERI INC. Dated October 1, 2022
Transition Services Agreement • October 6th, 2022 • Xperi Inc. • Services-prepackaged software • Delaware

This TRANSITION SERVICES AGREEMENT (this “Agreement”), dated as of October 1, 2022 (the “Effective Date”), by and between Adeia Inc., a Delaware corporation (“Service Recipient”), and Xperi Inc., a Delaware corporation (“Service Provider”). Each of Service Recipient and Service Provider is sometimes referred to herein as a “Party” and collectively, as the “Parties.”

EMPLOYMENT AND SEVERANCE AGREEMENT
Employment and Severance Agreement • August 26th, 2022 • Xperi Inc. • Services-prepackaged software • California

This Employment and Severance Agreement (“Agreement”) is made by and between Xperi Corporation, a Delaware corporation (the “Company”), and Jon Kirchner (“Executive”), effective as of April 28, 2017 (such date, the “Effective Date”). For purposes of this Agreement (other than Section 1(c) below), the “Company” shall mean the Company and its subsidiaries.

AMENDMENT ONE TO SEPARATION AND DISTRIBUTION AGREEMENT
Separation and Distribution Agreement • March 1st, 2024 • Xperi Inc. • Services-prepackaged software

This Amendment One to Separation and Distribution Agreement (this “Amendment”) is to amend that certain Separation and Distribution Agreement, dated October 1, 2022, between Adeia Inc. (“Adeia”), a Delaware corporation, and Xperi Inc. (“Xperi”), a Delaware corporation (the “Agreement”). Any terms which are used below and which are defined in the Agreement shall have the same meanings and definitions as set forth in the Agreement, unless otherwise indicated. Adeia and Xperi are hereinafter sometimes individually referred to as a “Party” or collectively referenced as the “Parties.” This Amendment shall constitute the Parties’ agreement to modify the Agreement as hereinafter provided effective as of October 1, 2022.

XPERI INC. RESTRICTED STOCK UNIT AWARD GRANT NOTICE AND RESTRICTED STOCK UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • August 26th, 2022 • Xperi Inc. • Services-prepackaged software • Delaware

Xperi Inc., a Delaware corporation (the “Company”), pursuant to its 2022 Equity Incentive Plan (the “Plan”), hereby grants to the holder listed below (“Participant”), an award of restricted stock units (“RSUs” or “Restricted Stock Units”) representing a right to receive a number of shares of the Company’s common stock, par value $0.001 (the “Shares”). This award for RSUs (this “Award”) is subject to all of the terms and conditions as set forth herein and in the Restricted Stock Unit Award Agreement attached hereto as Exhibit A (the “RSU Agreement”) and the Plan, each of which are incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Grant Notice and the RSU Agreement.

DATA SHARING AGREEMENT by and between ADEIA INC. and XPERI INC. Dated October 1, 2022
Data Sharing Agreement • October 6th, 2022 • Xperi Inc. • Services-prepackaged software • Delaware

This DATA SHARING AGREEMENT (this “Agreement”), dated as of October 1, 2022 (the “Effective Date”), by and between Adeia Inc., a Delaware corporation (“IP RemainCo”), and Xperi Inc., a Delaware corporation (“Product SpinCo”). Each of IP RemainCo and Product SpinCo is sometimes referred to herein as a “Party” and collectively, as the “Parties.”

XPERI INC. RESTRICTED STOCK UNIT AWARD GRANT NOTICE AND RESTRICTED STOCK UNIT AWARD AGREEMENT
Restricted Stock Unit Award Agreement • March 6th, 2023 • Xperi Inc. • Services-prepackaged software • Delaware

Xperi Inc., a Delaware corporation (the “Company”), pursuant to its 2022 Equity Incentive Plan (the “Plan”), hereby grants to the holder listed below (“Participant”), an award of restricted stock units (“RSUs” or “Restricted Stock Units”) representing a right to receive a number of shares of the Company’s common stock, par value $0.001 (the “Shares”). This award for RSUs (this “Award”) is subject to all of the terms and conditions as set forth herein and in the Restricted Stock Unit Award Agreement attached hereto as Exhibit A (the “RSU Agreement”) and the Plan, each of which are incorporated herein by reference. Unless otherwise defined herein, the terms defined in the Plan shall have the same defined meanings in this Grant Notice and the RSU Agreement.

SEPARATION AND DISTRIBUTION AGREEMENT by and between ADEIA INC. and XPERI INC. Dated as of October 1, 2022
Separation and Distribution Agreement • October 6th, 2022 • Xperi Inc. • Services-prepackaged software • Delaware

This SEPARATION AND DISTRIBUTION AGREEMENT (this “Agreement”), dated as of October 1, 2022, by and between Adeia Inc. (f/k/a Xperi Holding Corporation), a Delaware corporation (“IP RemainCo”) and Xperi Inc. (f/k/a TiVo Product HoldCo Corporation), a Delaware corporation (“Product SpinCo”). Each of IP RemainCo and Product SpinCo is sometimes referred to herein as a “Party” and collectively, as the “Parties.”

CERTAIN IDENTIFIED INFORMATION, MARKED BY [***], HAS BEEN OMITTED FROM THE EXHIBIT BECAUSE IT IS BOTH (I) NOT MATERIAL AND (II) THE TYPE THAT THE REGISTRANT TREATS AS PRIVATE OR CONFIDENTIAL.] CROSS BUSINESS LICENSE AGREEMENT BETWEEN XPERI INC. AND...
Cross Business License Agreement • October 6th, 2022 • Xperi Inc. • Services-prepackaged software • Delaware

This CROSS BUSINESS LICENSE AGREEMENT (this “Agreement”) is effective as of October 1, 2022 (the “Effective Date”), by and between Xperi Inc. (f/k/a TiVo Product HoldCo Corporation), a corporation organized under the laws of Delaware, whose principal place of business is located at 2160 Gold Street, San Jose, CA 95002 (“ProductCo”) on behalf of itself and its Affiliates, Adeia Inc. (f/k/a Xperi Holding Corporation), a corporation organized under the laws of Delaware (“Adeia”) on behalf of itself and its Affiliates, Adeia Media LLC (f/k/a Rovi LLC), a limited liability company organized under the laws of Delaware (“Adeia Media”) on behalf of itself and its Affiliates, and Adeia Media Holdings LLC (f/k/a TiVo LLC), a limited liability company organized under the laws of Delaware (“Adeia Media Holdings”) on behalf of itself and its Affiliates, each of whose principal place of business is located at 3025 Orchard Parkway, San Jose, CA 95134 (Adeia, Adeia Media and Adeia Media Holdings colle

AMENDMENT TO EMPLOYMENT AND SEVERANCE AGREEMENT
Employment and Severance Agreement • August 26th, 2022 • Xperi Inc. • Services-prepackaged software

This AMENDMENT TO EMPLOYMENT AND SEVERANCE AGREEMENT (“Amendment”), is made by and between Xperi Holding Corporation, a Delaware corporation (“Company”), and Jon Kirchner (“Executive”) (collectively the “Parties”), effective as of September 29, 2020 (“Effective Date”).

FORM OF CHANGE IN CONTROL SEVERANCE AGREEMENT
Form of Change in Control Severance Agreement • August 26th, 2022 • Xperi Inc. • Services-prepackaged software • California

This Change in Control Severance Agreement (“Agreement”) is made by XXX and between Xperi Inc., a Delaware corporation (the “Company”), and (“Executive”), effective as of XXX, 20XX (such date, the “Effective Date”). For purposes of this Agreement (other than Section 1(c) below), the “Company” shall mean the Company and its subsidiaries.

FIRST AMENDMENT TO TRANSITION SERVICES AGREEMENT
Transition Services Agreement • March 6th, 2023 • Xperi Inc. • Services-prepackaged software • Delaware

This First Amendment to Transition Services Agreement (this “Amendment #1”) is entered into as of October 10, 2022 (“Amendment #1 Effective Date”) by and between Adeia Inc. (“Adeia”) and Xperi Inc. (“Xperi”). Any capitalized terms used herein but not otherwise defined shall have the meanings set forth in the TSA (as defined below).

FORM OF SEVERANCE AGREEMENT
Form of Severance Agreement • August 26th, 2022 • Xperi Inc. • Services-prepackaged software • California

This Severance Agreement (“Agreement”) is made by XXX and between Xperi Inc., a Delaware corporation (the “Company”), effective as of XXX, 20XX (such date, the “Effective Date”). For purposes of this Agreement, the “Company” shall mean the Company and its subsidiaries.

FORM OF XPERI INC. INDEMNIFICATION AGREEMENT
Indemnification Agreement • August 26th, 2022 • Xperi Inc. • Services-prepackaged software • Delaware

This Indemnification Agreement (the “Agreement”) is made as of , 20 by and between Xperi Inc., a Delaware corporation (the “Company”), and [NAME] (the “Indemnitee”).

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