TiVo 2004 Annual Report Download - page 128

Download and view the complete annual report

Please find page 128 of the 2004 TiVo annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 208

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208

relating in any way to the business of the Company, are the sole and exclusive property of the Company (the "Company Documents"). The Executive shall
deliver all Company Documents to the Company within five (5) business days of the Termination Date.
(c) The Executive shall return to the Company within five (5) business days of the Termination Date all equipment of the Company in his or her
possession or control.
10. Agreement Not to Solicit Company Employees. The Executive agrees that, for a period of one (1) year after the Resignation Date, he will not solicit
or encourage, or cause others to solicit or encourage, any employees of the Company to terminate their employment with the Company.
11. Taxes. To the extent any taxes may be payable by the Executive for the benefits provided to him by Severance Plan beyond those withheld by the
Company, the Executive agrees to pay them himself and to indemnify and hold the Company and the other entities released herein harmless for any tax
claims, liabilities, fines or penalties, and associated reasonable attorneys' fees and costs, resulting from any failure by him to make payments required of the
Executive.
12. In the Event of a Claimed Breach. All controversies, claims and disputes arising out of or relating to the Executive's employment by the Company,
or the termination of that employment, the Severance Plan, or this Release shall be resolved by final and binding arbitration before a single neutral arbitrator
in Santa Clara County, California, in accordance with the Employment Dispute Resolution Rules of the American Arbitration Association ("AAA"). The
arbitration shall be commenced by filing a demand for arbitration with the AAA within 14 (fourteen) days after the filing party has given notice of such
breach to the other party. The Company shall pay all administrative costs of the arbitration and arbitrator fees. Unless otherwise prohibited by law, the
arbitrator shall award the prevailing party costs, reasonable attorneys' fees and expert fees, if any. Notwithstanding the foregoing, it is acknowledged that it
will be impossible to measure in money the damages that would be suffered if the Parties fail to comply with any of the obligations imposed on them under
Paragraph 9 hereof, and that in the event of any such failure, the aggrieved Party will be irreparably damaged and will not have an adequate remedy at law.
Any such Party shall, therefore, be entitled to injunctive relief, including specific performance, to enforce such obligations, and if any action shall be brought
in equity to enforce any of the provisions of Paragraph 9 of this Release, none of the Parties hereto shall raise the defense that there is an adequate remedy at
law.
13. Choice of Law. This Release shall in all respects be governed and construed in accordance with the laws of the State of California, including all
matters of construction, validity and performance, without regard to conflicts of law principles.