August 20, 2015 Stein Revelsby Chief Executive Officer Anoto AB Re: Extension of Term of TLA Dear Mr. Revelsby:Leapfrog Enterprises Inc • November 9th, 2015 • Games, toys & children's vehicles (no dolls & bicycles)
LeapFrog Enterprises, Inc. (“LeapFrog”), on the one hand, and Anoto AB and Anoto Group AB (“Anoto”) on the other hand, are parties to a Technology License Agreement dated January 25, 2004, as subsequently amended by written agreement (the “TLA”).
August 5, 2015 Raymond Arthur San Francisco, CA 94105 Dear Mr. Arthur,Leapfrog Enterprises Inc • November 9th, 2015 • Games, toys & children's vehicles (no dolls & bicycles)
This letter confirms LeapFrog’s agreement to provide you with the severance benefits recently discussed with you. I am pleased to offer you the severance benefits set forth in Exhibit A of this letter. These severance benefits will replace in their entirety the severance benefits set forth in Exhibit A of your offer letter dated June 5, 2012.
