DAVID MOORING EMPLOYMENT AGREEMENT
THIS AGREEMENT is effective as of January 14, 2004 (the “Effective Date”), by and between Rambus Inc. (the
“Company”) and David Mooring (“Executive”).
A. Executive is employed by the Company as President and is a member of the Board of Directors of the Company.
On the Effective Date, Executive has resigned as President, but shall remain a Section 16 officer and member of the
Board of Directors of the Company.
NOW, THEREFORE, the parties agree as follows:
The Company desires to retain Executive’s services as a Section 16 officer on a full-time basis through the period
ending January 16, 2005, which period may be extended by mutual agreement of the parties (the “Full-Time
Employment Term”) and afterwards as a part-time employee through the period of an additional twelve months,
working a minimum of half-time (the “Part-Time Employment Term”), upon the terms set forth herein.
1. Term . The term of this Agreement shall commence on the Effective Date and shall continue until all the payments
due and all other obligations of the parties hereunder have been made or satisfied.
2. Duties of Executive .
(a) Full-Time Employment Term . As of the Effective Date, Executive shall no longer be President, but will remain a
Section 16 officer of the Company. During the Full-Time Employment Term, Executive shall devote his full-time during
normal business hours to the Company, but with different duties than in prior years, whereby the Executive will no longer
manage the Company’s operations, but instead shall focus on assisting the Company on licensing, corporate development
and strategy, reporting to the Company’s Chief Executive Officer. During the Full-Time Employment Term, Executive’s
compensation and other benefits shall be as provided in Section 3(a).
(b) Part-Time Employment Term . During the Part-Time Employment Term Executive a