TIVO CORPORATION AMENDED AND RESTATED EXECUTIVE SEVERANCE AND ARBITRATION AGREEMENTExecutive Severance and Arbitration Agreement • January 2nd, 2019 • TiVo Corp • Patent owners & lessors • California
THIS AMENDED AND RESTATED EXECUTIVE SEVERANCE AND ARBITRATION AGREEMENT (the “Agreement”) is made and entered into as of December 27, 2018 by and between TiVo Corporation, a Delaware corporation (the “Company”), and Raghavendra Rau (“Executive”). Capitalized terms used but not otherwise defined in this Agreement shall have the meanings set forth in Executive’s amended offer letter agreement with the Company dated December 27, 2018 (the “Amended Offer Letter”).
December 27, 2018 Dear Raghu:TiVo Corp • January 2nd, 2019 • Patent owners & lessors
As you know, you are currently serving as interim President and Chief Executive Officer (“Interim CEO”) at TiVo Corporation (“TiVo” or the “Company”), pursuant to the terms of an offer letter from the Company dated July 23, 2018 (the “Original Offer Letter”). The Company’s Board of Directors (the “Board”) has approved the amended terms and conditions of your employment as Interim CEO set forth below in this letter agreement (this “Amended Agreement”) and in the attached Amended and Restated Executive Severance and Arbitration Agreement (the “Amended Severance Agreement”), both of which together shall supersede and replace the Original Offer Letter and the severance agreement attached thereto, in their entirety.
