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1 2 3 4 5 6 7 8 DISTRICT COURT CENTRAL DISTRICT OF CALIFORNIA 9 SOUTHERN DIVISION 10

11 IN RE BROADCOM CORPORATION Lead Case No. SA 15 CV 00979 JVS STOCKHOLDER LITIGATION (PJWx) 12 CLASS ACTION 13 THIS DOCUMENT RELATES TO: ALL ACTIONS MASTER FILE 14 STIPULATION AND AGREEMENT 15 OF COMPROMISE AND SETTLEMENT 16 Hon. James V. Selna 17

18 MA

19 20 21 22 23 24 25 26 27 28

STIPULATION OF SETTLEMENT

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1 This Stipulation and Agreement of Compromise and Settlement (the 2 “Settlement Agreement” or the “Stipulation”), which is made and entered into 3 among the Parties, as defined herein, by and through their counsel of record in the 4 above-captioned action and in related state court proceedings (collectively, the 5 “Litigation”), states all of the terms of the settlement and resolution of this matter. 6 The Stipulation is intended by the Parties to fully and finally compromise, resolve, 7 discharge and settle the Released Claims, as defined herein, subject to the approval 8 of the United States District Court for the Central District of California (the 9 “Court”). 10 WHEREAS, on May 28, 2015, Broadcom Corporation, a California 11 corporation (“Broadcom,” or the “Company”) and Avago Technologies Limited, a 12 public limited company formed under the laws of Singapore (“Avago”) announced 13 entry into an Agreement and Plan of Merger, pursuant to which Avago would 14 acquire Broadcom in a cash and stock transaction (the “Transaction”) in which the 15 Company’s stockholders would have the ability to elect to receive, for each 16 Broadcom share held: (i) $54.50 in cash; (ii) 0.4378 ordinary shares in a newly 17 formed Singapore (“HoldCo”); or (iii) a restricted equity security 18 that was designed to be the economic equivalent of 0.4378 ordinary shares of 19 HoldCo that will not be transferable or saleable for a period of one year or two years 20 after closing (“Restricted Exchangeable Units”). 21 WHEREAS, the shareholder election was subject to a proration mechanism, 22 whereby the aggregate consideration paid in the Transaction would be 50% cash and 23 50% equity. 24 WHEREAS, beginning on June 1, 2015, eight substantially similar lawsuits 25 relating to the Transaction were filed in Orange County Superior Court and one 26 action was filed in Santa Clara County Superior Court (collectively, the “State 27 Actions”). The State Actions include the following: 28 1 STIPULATION OF SETTLEMENT

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1 a. Xu v. Broadcom Corp. et al., No. 2 30-2015-00790689-CU-SL-CXC (filed June 1, 2015 in Orange 3 County Superior Court); 4 b. Freed v. Broadcom Corp. et al., No. 5 30-2015-00790699-CU-SL-CXC (filed June 1, 2015 in Orange 6 County Superior Court); 7 c. New Jersey Building Laborers Statewide Pension Fund v. 8 Samueli et al., No. 30-2015-00791484-CU-SL-CXC (filed 9 June 4, 2015 in Orange County Superior Court); 10 d. Yiu v. Broadcom Corp. et al., No. 11 30-2015-00791490-CU-SL-CXC (filed June 4, 2015 in Orange 12 County Superior Court); 13 e. Jew v. Broadcom Corp. et al., No. 1-15-CV-281353 (filed 14 June 2, 2015 in Santa Clara County Superior Court); 15 f. Yassian v. McGregor et al., No. 16 30-2015-00793360-CU-SL-CXC (filed June 15, 2015 in Orange 17 County Superior Court, voluntary dismissal filed on August 13, 18 2015 and granted on September 3, 2015); 19 g. Seafarers’ Pension Plan v. Samueli et al., No. 20 30-2015-00794492-CU-SL-CXC (filed June 19, 2015 in Orange 21 County Superior Court); 22 h. Engel v. Broadcom Corp. et al., No. 23 30-2015-00797343-CU-SL-CXC (filed July 2, 2015 in Orange 24 County Superior Court); and 25 i. William Yiu and Dean Crombie, et al., v. Broadcom Corp. et al., 26 Case No. 30-2015-00791762-CU-BT-CXC (filed in the Superior 27 Court of Orange County on June 5, 2015, voluntarily dismissed 28 on June 22, 2015). 2 STIPULATION OF SETTLEMENT

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1 WHEREAS, on June 16, 2015, Broadcom filed a Petition for Coordination of 2 the State Actions with the Judicial Council of California. Plaintiffs in five of the 3 State Actions led by Cohen Milstein Sellers & Toll PLLC and Wolf Haldenstein 4 Adler Freeman & Herz LLP submitted a response in support of Broadcom’s Petition 5 on August 3, 2015, recommending that the cases be coordinated in Orange County. 6 WHEREAS, on June 18, 2015, Plaintiffs Robert Wytas and Dean Crombie 7 filed a Complaint for Breach of Fiduciary Duty in this Court at Case No. 8 15-CV-00979 JVS (PJWx) (the “Wytas Action”). On September 2, 2015, Wytas 9 and Crombie filed an Amended Complaint for Violation of Federal Securities Laws 10 and Breach of Fiduciary Duty. 11 WHEREAS, on June 30, 2015, certain plaintiffs in the State Actions, the New 12 Jersey Building Laborers Statewide Pension Fund and Seafarers’ Pension Plan (the 13 “State Plaintiffs”) moved to consolidate the State Actions. 14 WHEREAS, on July 14, 2015, the Orange County Superior Court issued an 15 order staying the State Actions. On July 30, 2015 the Orange County Superior Court 16 issued a supplemental order staying the State Actions. 17 WHEREAS, on August 14, 2015, the Orange County Superior Court issued 18 an order coordinating and consolidating the State Actions, which became the 19 Broadcom Shareholder Cases, Judicial Council Coordination Proceeding No. 4834. 20 WHEREAS, on August 14, 2015, Plaintiff Farshid Yassian and Farshid 21 Yassian, as custodian for Remy Yassian and Ryan Yassian, filed a Complaint for 22 Breach of Fiduciary Duties and Violation of the Federal Securities Laws in this 23 Court at Case No. 15-CV-01303 JVS (PJWx) (the “Yassian Action”). 24 WHEREAS, the State Actions, the Wytas Action and the Yassian Action 25 named as defendants, among other parties, Broadcom, members of Broadcom’s 26 Board of Directors and Avago, and alleged breaches of fiduciary duties and aiding 27 and abetting those alleged breaches. The complaints sought, among other things, 28 injunctive relief to prevent the Transaction from closing. Additionally, the Wytas 3 STIPULATION OF SETTLEMENT

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1 Action and the Yassian Action alleged violations of Sections 14(a) and 20(a) of the 2 Securities Exchange Act of 1934 (the “Exchange Act”) and Securities and Exchange 3 Commission (“SEC”) Rule 14a-9. 4 WHEREAS, on August 31, 2015, the Orange County Superior Court 5 appointed the law firms Cohen Milstein Sellers & Toll PLLC and Wolf Haldenstein 6 Adler Freeman & Herz LLP as Co-Lead Counsel for the State Actions, and ordered 7 that the discovery stay remain in effect. 8 WHEREAS, on September 4, 2015, State Plaintiffs filed an Ex Parte 9 Application for an Order Lifting the Stay to Permit Expedited Discovery in order to 10 obtain discovery that State Plaintiffs had previously propounded. 11 WHEREAS, on September 4, 2015, Defendants filed a motion in Orange 12 County Superior Court to stay the State Actions for the duration of the Wytas Action 13 and the Yassian Action. The State Plaintiffs filed their Opposition to Defendants’ 14 Motion to Stay on September 17, 2015. Defendants filed their reply on September 15 24, 2015. 16 WHEREAS, on September 8, 2015, the Orange County Superior Court 17 granted Plaintiffs’ Ex Parte order and directed Broadcom and Avago to produce to 18 the State Plaintiffs certain documents concerning the Transaction. Broadcom 19 produced documents responsive to certain of the State Plaintiffs’ requests on 20 September 14, 2015, and October 2, 2015, including minutes of Board meetings, 21 Board presentation materials, and confidentiality and non-disclosure agreements. 22 Avago produced documents responsive to the State Plaintiffs’ requests on 23 October 18, 2015. 24 WHEREAS, on September 18, 2015, this Court ordered the Wytas Action and 25 Yassian Action consolidated into In re Broadcom Corporation Stockholder 26 Litigation under Lead Case No. 15-CV-00979 JVS (PJWx) (the “Federal Action”) 27 and appointed Farshid Yassian as Interim Lead Plaintiff and WeissLaw LLP as 28 Interim Lead Counsel. 4 STIPULATION OF SETTLEMENT

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1 WHEREAS, Interim Lead Counsel and counsel for Defendants subsequently 2 commenced negotiations for expedited discovery, including for production of the 3 due diligence materials in the online data room that had been established for 4 potential bidders in connection with the Transaction (which contained information 5 concerning Broadcom’s business and financial performance), the same core 6 documents that had been produced to Plaintiffs in the State Actions, and the 7 depositions of a member of the Broadcom Special Committee of the Board of 8 Directors and a representative of Evercore Group L.L.C., the financial advisor to the 9 Special Committee of the Board of Directors of Broadcom which evaluated the 10 Transaction. 11 WHEREAS, on September 25, 2015, the Orange County Superior Court 12 stayed the State Actions pending the resolution of the Federal Action. 13 WHEREAS, on September 28, 2015, Broadcom filed with the SEC a 14 Definitive Proxy Statement / Prospectus on Schedule 14A relating to, and seeking 15 shareholder approval of, the Transaction. The September 28, 2015 Definitive Proxy 16 Statement / Prospectus included certain disclosures concerning the Transaction. 17 WHEREAS, on October 5, 2015, Interim Lead Counsel took the deposition of 18 Nancy Handel, a member of Broadcom’s Board of Directors. On October 9, 2015, 19 Interim Lead Counsel took the deposition of Naveen Nataraj, a senior managing 20 director of Evercore Group L.L.C. 21 WHEREAS, on October 13, 2015, after deposition and document discovery, 22 including the review of more than 10,000 pages of non-public documents produced 23 by Broadcom and additional non-public documents produced by Avago concerning 24 the Transaction, the review and analysis of the Definitive Proxy Statement / 25 Prospectus and other public documents, and consultations with a retained financial 26 expert, Interim Lead Counsel identified what they alleged to be material deficiencies 27 in Definitive Proxy Statement / Prospectus, and subsequently advised Defendants of 28 5 STIPULATION OF SETTLEMENT

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1 their intention to enjoin the Transaction until such deficiencies were cured (“October 2 13 Letter”). 3 WHEREAS, on October 13, 2015, Plaintiffs Iron Workers Mid-America 4 Pension Plan and Oklahoma Firefighters Pension and Retirement System filed a 5 Motion for Appointment as Lead Plaintiffs and Approval of Selection of Counsel, 6 seeking appointment as Lead Plaintiffs in the Federal Action and appointment of 7 Cohen Milstein Sellers & Toll PLLC as Lead Counsel and Westerman Law Corp. as 8 Liaison Counsel pursuant to the Private Securities Litigation Reform Act of 1995 9 (“PSLRA”). On the same day, Interim Lead Counsel and Interim Lead Plaintiffs 10 also filed a motion to be appointed as lead counsel and lead plaintiff pursuant to the 11 PSLRA. 12 WHEREAS, on October 27, 2015, as a result of arm’s length discussions and 13 negotiations between Interim Lead Counsel and Defendants regarding a potential 14 resolution of certain disclosure claims asserted in the Federal Action and set forth in 15 the October 13 Letter, Broadcom and Interim Lead Counsel agreed that 16 (i) Broadcom would file certain supplemental disclosures concerning the 17 Transaction with the SEC no later than 14 days before the shareholder vote 18 (“Supplemental Disclosures,” further defined below), and (ii) that the Supplemental 19 Disclosures would “cure any disclosure defects that plaintiffs have identified in the 20 proxy statement, and that [Interim Lead Plaintiff] would not seek any preliminary 21 relief to interfere with or postpone the shareholder vote.” 22 WHEREAS, on October 28, 2015, Broadcom filed Definitive Additional 23 Materials on Schedule 14A with the SEC, attaching a Supplement to the Definitive 24 Proxy Statement / Prospectus issued on September 28, 2015 (the “Supplemental 25 Disclosures,” attached hereto as Exhibit C). The Supplemental Disclosures 26 contained additional information concerning the background of the merger, the 27 summary of financial analysis and opinion of the financial advisor to Broadcom, the 28 summary of financial analysis and opinion of the financial advisor to Broadcom’s 6 STIPULATION OF SETTLEMENT

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1 Special Committee, certain financial forecasts utilized by Broadcom in connection 2 with the Transaction, and questions and answers about the Transaction. Defendants 3 vigorously denied, and continue to vigorously deny, that the disclosures in the 4 Definitive Proxy Statement / Prospectus were insufficient in any way, or that they 5 committed or aided and abetted in the commission of any violation of law or 6 engaged in any of the wrongful acts that were or could have been alleged in the 7 Litigation, and expressly maintained that, to the extent applicable, they diligently 8 and scrupulously complied with applicable fiduciary and other legal duties. 9 WHEREAS, on November 10, 2015, Avago and Broadcom shareholders 10 voted to approve the Transaction, with over 99% of the votes cast in favor of the 11 Transaction. 12 WHEREAS, on November 16, 2015, the Court granted Iron Workers 13 Mid-America Pension Plan and Oklahoma Firefighters Pension and Retirement 14 System’s Motion for Appointment as Lead Plaintiffs in the Federal Action, and 15 denied Interim Lead Plaintiff and Interim Lead Counsel’s application. The Court 16 further appointed Richard A. Speirs, Kenneth M. Rehns, Carol V. Gilden, and 17 Joshua S. Devore of Cohen Milstein Sellers & Toll PLLC as Lead Counsel, and Jeff 18 S. Westerman and Anna Faircloth of Westerman Law Corp. as Liaison Counsel. 19 Following this hearing, Defendants provided Lead Counsel all of the documents that 20 had previously been produced to Interim Lead Counsel. 21 WHEREAS, on January 15, 2016, Lead Counsel filed a Second Amended 22 Consolidated Class Action Complaint for Violations of Federal Securities Laws (the 23 “Complaint”), asserting claims against all Defendants under Sections 14(a) and/or 24 20(a) of the Exchange Act, and for breach of fiduciary duty or aiding and abetting 25 breach of fiduciary duty, on behalf of all holders of Broadcom Class A common 26 stock that have been or will be allegedly damaged by the Transaction. 27 WHEREAS, on January 25, 2016, Broadcom announced the results of the 28 elections made by Broadcom shareholders as to the form of merger consideration 7 STIPULATION OF SETTLEMENT

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1 they wish to receive in connection with the Transaction. Holders of 38.7% of the 2 outstanding shares of Broadcom common stock made an election to receive ordinary 3 shares of Pavonia Limited (renamed Broadcom Limited upon closing). 4 WHEREAS, on February 1, 2016, the Transaction closed, and Avago and 5 Broadcom each became subsidiaries of the new HoldCo, Broadcom Limited. 6 WHEREAS, on February 16, 2016, Defendants Scott A. McGregor, Henry 7 Samueli, Robert E. Switz, John E. Major, Eddy W. Hartenstein, Maria Klawe, 8 Nancy H. Handel, William T. Morrow, Robert J. Finocchio, and Eric K. Brandt filed 9 a Motion to Dismiss, which Defendants Avago Technologies Limited, Pavonia 10 Limited, Safari Cayman L.P., Avago Technologies Cayman Holdings Limited, 11 Avago Technologies Cayman Finance Limited, Buffalo CS Merger Sub, Inc., and 12 Buffalo UT Merger Sub, Inc. joined. Defendants’ Motion to Dismiss was pending 13 before the Court at the time of this Settlement. 14 WHEREAS, Lead Plaintiffs, through Lead Counsel, state that they conducted 15 a thorough investigation relating to the claims, underlying events and the 16 transactions at issue in this Litigation which included consulting with financial 17 experts regarding the Transaction and disclosures. This process included reviewing 18 and analyzing all of the minutes, presentations, testimony and other documents 19 produced by Defendants, including: documents concerning Broadcom’s business 20 operations and financial performance; Broadcom’s filings with the SEC; securities 21 analysts’ reports; public statements by Defendants; media reports about Defendants; 22 and other information available on Broadcom’s website, www.broadcom.com. 23 WHEREAS, based upon this investigation, Lead Plaintiffs and Lead Counsel 24 have concluded that the terms and conditions of this Settlement are fair, reasonable 25 and adequate to Plaintiffs and the Class. Lead Plaintiffs believe that the claims 26 asserted in this Litigation have merit. However, Lead Plaintiffs and Lead Counsel 27 recognize and acknowledge the length and expense of the proceedings necessary to 28 prosecute this Litigation against the Defendants through trial and appeal. Lead 8 STIPULATION OF SETTLEMENT

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1 Plaintiffs and Lead Counsel also have taken into account the uncertain outcome and 2 the risk of litigation, especially in complex actions such as this Litigation, and the 3 possibility that the Court could dismiss the Litigation with prejudice in a ruling on 4 the Defendants’ motion to dismiss or at summary judgment. Lead Counsel are 5 mindful of the inherent challenges of proof and the possible defenses to the claims 6 alleged in the Litigation. Based upon their evaluation, Lead Plaintiffs and Lead 7 Counsel believe that the Settlement set forth in this Stipulation is in the best interests 8 of Plaintiffs and the Class. Plaintiffs’ entry into this Stipulation is not an admission 9 as to the lack of merit of any of the claims asserted in the Litigation. 10 WHEREAS, any proceedings relating to any settlement, or any of the terms of 11 any settlement, whether or not consummated, shall in no event be construed as, or 12 deemed to be evidence of, an admission or concession on the part of the Defendants 13 with respect to any claim of any liability or damage whatsoever, or any infirmity in 14 any defense that the Defendants have or could have asserted. Defendants, solely to 15 avoid the costs, disruption, distraction, and risk of further litigation, and without 16 admitting the validity of any allegations made in the Litigation, or any liability with 17 respect thereto, have concluded that it is desirable that the claims against them be 18 settled on the terms reflected in this Stipulation. Defendants deny all allegations of 19 wrongdoing, fault, liability or damage to any of the Plaintiffs or the other members 20 of the Settlement Class; deny that they engaged in any wrongdoing; deny that they 21 committed any violation of law; deny that any public disclosures were in any way 22 deficient; deny that the process by which the Transaction was negotiated or was 23 executed was insufficient in any way; deny that the consideration paid by Avago in 24 connection with the Transaction is insufficient in any way; deny that they acted 25 improperly in any way; believe that they acted properly at all times; and believe the 26 Litigation has no merit, but wish to settle the Litigation to avoid the burden, expense, 27 and risk of further litigation. 28 9 STIPULATION OF SETTLEMENT

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1 NOW, THEREFORE, IT IS HEREBY STIPULATED, CONSENTED 2 TO, AND AGREED, by Plaintiffs for themselves and on behalf of the Class, and 3 the Defendants that, subject to the approval of this Court under Rule 23(e) of the 4 Federal Rules of Civil Procedure and all other conditions set forth herein, for the 5 good and valuable consideration set forth herein and conferred on Plaintiffs and the 6 Class, the Litigation shall be finally and fully settled, compromised, and dismissed, 7 on the merits and with prejudice, and that the Released Claims shall be finally and 8 fully compromised, settled, released, and dismissed with prejudice as to the 9 Released Defendant Parties, in the manner and upon the terms and conditions 10 hereafter set forth. 11 DEFINITIONS 12 1. As used in this Stipulation, the following terms shall have the meanings 13 set forth below: 14 (a) “State Actions” means Xu v. Broadcom Corp. et al., No. 15 30-2015-00790689-CU-SL-CXC (filed June 1, 2015 in Orange County Superior 16 Court); Freed v. Broadcom Corp. et al., No. 30-2015-00790699-CU-SL-CXC (filed 17 June 1, 2015 in Orange County Superior Court); New Jersey Building Laborers 18 Statewide Pension Fund v. Samueli et al., No. 30-2015-00791484-CU-SL-CXC 19 (filed June 4, 2015 in Orange County Superior Court); Yiu v. Broadcom Corp. et al., 20 No. 30-2015-00791490-CU-SL-CXC (filed June 4, 2015 in Orange County Superior 21 Court); Jew v. Broadcom Corp. et al., No. 1-15-CV-281353 (filed June 2, 2015 in 22 Santa Clara County Superior Court); Yassian v. McGregor, et al., No. 23 30-2015-00793360-CU-SL-CXC (filed June 15, 2015 in Orange County Superior 24 Court); Seafarers’ Pension Plan v. Samueli et al., No. 25 30-2015-00794492-CU-SL-CXC (filed June 19, 2015 in Orange County Superior 26 Court); and Engel v. Broadcom Corp. et al., No. 30-2015-00797343-CU-SL-CXC 27 (filed July 2, 2015 in Orange County Superior Court) (consolidated as Broadcom 28 Shareholder Cases, Judicial Council Coordination Proceeding No. 4834). 10 STIPULATION OF SETTLEMENT

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1 (b) “Litigation” means In Re Broadcom Corporation Stockholder 2 Litig., Lead Case No. SA 15 CV 00979 JVS (PJWx) in the United States District 3 Court for the Central District of California, before the Honorable James V. Selna, as 4 well as the State Actions. 5 (c) “Class” means a non-opt out class for settlement purposes of all 6 record and beneficial owners of Broadcom Class A common stock who owned or 7 held Broadcom Class A common stock at any time during the Class Period, 8 including any and all of their respective successors in interest, predecessors, 9 representatives, trustees, executors, administrators, heirs, assigns, or transferees, 10 immediate and remote, and any person or entity acting for or on behalf of, or 11 claiming under, any of them, and each of them (the “Class,” to be composed of 12 “Class Members”). Excluded from the Class are Defendants, members of the 13 immediate family of any Defendant, any entity in which a Defendant has or had a 14 controlling interest, and the legal representatives, heirs, successors, or assigns of any 15 such excluded person. 16 (d) “Class Period” means the period from May 27, 2015 through and 17 including the date of the consummation of the Transaction. 18 (e) “Company” means Broadcom Corporation, also referred to 19 herein as “Broadcom.” 20 (f) “Court” means the United States District Court for the Central 21 District of California. 22 (g) “Defendants” means Avago Technologies Limited, Broadcom 23 Limited (formerly known as Pavonia Limited), Broadcom Cayman L.P. (formerly 24 known as Safari Cayman L.P.), Avago Technologies Cayman Holdings Limited, 25 Avago Technologies Cayman Finance Limited, Buffalo CS Merger Sub, Inc., 26 Buffalo UT Merger Sub, Inc., Broadcom Corporation, Scott A. McGregor, Henry 27 Samueli, Henry T. Nicholas III, Robert E. Switz, John E. Major, Eddy W. 28 11 STIPULATION OF SETTLEMENT

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1 Hartenstein, Maria Klawe, Nancy H. Handel, William T. Morrow, Robert J. 2 Finocchio, and Eric K. Brandt. 3 (h) “Effective Date” means the first date by which all of the events 4 and conditions specified in paragraph 13 of this Stipulation have occurred and been 5 met (or have been waived in a writing signed by the Party that is waiving the event 6 and condition). 7 (i) “Fee Application” means Lead Counsel’s application for an 8 award of attorneys’ fees and expenses. 9 (j) “Final Approval of the Settlement” means the Court’s entry of 10 Judgment, substantially in the form attached hereto as Exhibit B, and such Judgment 11 has become Final. 12 (k) “Individual Defendants” means Scott A. McGregor, Henry 13 Samueli, Robert E. Switz, John E. Major, Eddy W. Hartenstein, Maria Klawe, 14 Nancy H. Handel, William T. Morrow, Robert J. Finocchio, Henry T. Nicholas III, 15 and Eric K. Brandt. 16 (l) “Interim Lead Counsel” means the law firm WeissLaw LLP. 17 (m) “Judgment” means the proposed Final Order and Judgment to be 18 entered approving the Settlement substantially in the form attached hereto as Exhibit 19 B. 20 (n) “Lead Counsel” means the law firms of Cohen Milstein Sellers 21 & Toll PLLC, and Liaison Counsel Westerman Law Corp. 22 (o) “Lead Plaintiffs” means Iron Workers Mid-America Pension 23 Plan and Oklahoma Firefighters Pension and Retirement System, and additional 24 Named Plaintiff New Jersey Laborers Statewide Pension Fund. 25 (p) “Notice” means the Notice of Pendency of Class Action and 26 Proposed Settlement, which is to be published on a website dedicated to the 27 Settlement by the Settlement Administrator, subject to approval of the Court, shall 28 be substantially in the form attached hereto as Annex A-1 to Exhibit A hereto. 12 STIPULATION OF SETTLEMENT

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1 (q) “Party” or “Parties” means Defendants and Plaintiffs, on behalf 2 of themselves and the other Class Members. 3 (r) “Person” means an individual, corporation (including all 4 divisions and subsidiaries), general or limited partnership, association, joint stock 5 company, joint venture, limited liability company, professional corporation, estate, 6 legal representative, trust, unincorporated association, government or any political 7 subdivision or agency thereof, and any other business or legal entity. 8 (s) “Plaintiffs” means Lead Plaintiffs, Interim Lead Plaintiff and 9 Plaintiffs in the State Actions. 10 (t) “Plaintiffs’ Counsel” means Lead Counsel, Interim Lead 11 Counsel, counsel for the Plaintiffs in the State Actions and any other counsel who 12 has appeared for any plaintiff in the Litigation, including all other legal counsel who, 13 at the direction and under the supervision of Plaintiffs’ Counsel, performed services 14 on behalf of the Settlement Class in the Litigation. 15 (u) “Postcard Summary Notice” means the Postcard Summary 16 Notice that will be mailed to all Settlement Class Members, which shall be 17 substantially in the form attached as Annex A-3 to Exhibit A hereto. 18 (v) “Preliminary Approval Order” means the proposed order 19 preliminarily approving the Settlement and directing Notice to the Class of the 20 pendency of the Litigation and of the Settlement, which, subject to the approval of 21 the Court, shall be substantially in the form attached hereto as Exhibit A. 22 (w) “Released Claims” means collectively the Released Defendant 23 Claims and Released Plaintiff Claims. 24 (x) “Released Defendant Claims” means all claims, rights, litigation 25 or causes of action, duties, obligations, demands, actions, debts, judgments, sums of 26 money, suits, fees, expenses, costs, matters, contracts, agreements, promises, 27 damages, and issues or liabilities of every nature and description, whether known or 28 Unknown (as defined below), whether arising under federal, state, foreign, common 13 STIPULATION OF SETTLEMENT

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1 or administrative law, or any other law, that Plaintiffs, any other Released Plaintiff 2 Parties, or any other Class Member: (i) have asserted in the Litigation, including in 3 the State Actions and the Complaint; or (ii) could have asserted in any forum, that 4 arise out of the Transaction, allegations, facts, events, occurrences, acts, disclosures, 5 statements, representations or omissions or failures to act involved, set forth, or 6 referred to in the Complaint, and that relate to the Transaction. Released Defendant 7 Claims do not include claims: (i) to enforce the Settlement; and (ii) to enforce 8 confidentiality agreements and obligations concerning information provided in 9 connection with the Settlement of the Litigation. 10 (y) “Released Defendant Parties” means any and all Defendants 11 and/or their respective controlling persons, and/or their respective families, parent 12 entities, associates, affiliates, or subsidiaries, and each and all of their respective 13 past, present, or future officers, directors, trustees, principals, employees, agents, 14 partners, insurers, auditors, heirs, executors, administrators, attorneys, accountants, 15 financial advisors, representatives, consultants, predecessors, successors or assigns, 16 members, parents, divisions, joint ventures, general or limited partners or 17 partnerships, limited liability companies and any trust of which any Individual 18 Defendant is the settlor or which is for the benefit of Defendants’ immediate family 19 members, whether or not any such person or entity was served or appeared in the 20 Litigation. 21 (z) “Released Plaintiff Claims” means all claims, rights and causes 22 of action, duties, obligations, demands, actions, debts, sums of money, suits, 23 contracts, agreements, promises, damages, and liabilities of every nature and 24 description, whether known or Unknown (as defined below), whether arising under 25 federal, state, common or administrative law, or any other law, that Defendants or 26 any other Released Defendant Parties: (i) have asserted in the Litigation, including 27 the State Actions; (ii) could have asserted in any forum, that arise out of the 28 allegations, transactions, facts, events, occurrences, acts, disclosures, statements, 14 STIPULATION OF SETTLEMENT

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1 representations or omissions or failures to act involved, set forth, or referred to in the 2 Complaint, and that relate to the Transaction; or (iii) have asserted or could have 3 asserted in any forum that arise out of the conduct of the Litigation or the State 4 Actions. Released Plaintiff Claims do not include claims: (i) to enforce the 5 Settlement; and (ii) to enforce confidentiality agreements and obligations 6 concerning information provided in connection with the Settlement of the Litigation. 7 (aa) “Released Plaintiff Parties” means the Lead Plaintiffs, any other 8 named plaintiff in the Litigation or the State Actions, and their present or former 9 trustees, officers, directors, principals, employees, agents, partners, insurers, 10 auditors, heirs, executors, administrators, attorneys, accountants, financial advisors, 11 representatives, predecessors, successors or assigns, parents, subsidiaries, divisions, 12 affiliates, associates, joint ventures, general or limited partners or partnerships, 13 limited liability companies and any trust of which any plaintiff is the settlor or which 14 is for the benefit of such plaintiff’s immediate family members. 15 (bb) “Released Parties” means the Released Defendant Parties and 16 the Released Plaintiff Parties. 17 (cc) “Settlement” means the resolution of the Litigation as against the 18 Defendants in accordance with the terms and provisions of this Stipulation. 19 (dd) “Settlement Hearing” means the hearing to be held by the Court 20 to determine whether the proposed Settlement is fair, reasonable and adequate and 21 should be approved. 22 (ee) “Summary Notice” means the Summary Notice of Pendency of 23 Class Action and Proposed Settlement for publication, which shall be substantially 24 in the form attached as Annex A-2 to Exhibit A hereto. 25 (ff) “Supplemental Disclosures” means the supplemental disclosures 26 to investors that were filed by Broadcom with the SEC on Form DEFA14A and 27 Form 8-K on October 28, 2015, and attached hereto as Exhibit C. 28 15 STIPULATION OF SETTLEMENT

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1 (gg) “Unknown Claims” means any and all Released Claims, which 2 Defendants, Lead Plaintiffs or any other Class Member does not know or suspect to 3 exist in his, her or its favor at the time of the release of the Released Parties, which if 4 known by him, her or it might have affected his, her or its decision(s) with respect to 5 the Settlement. With respect to any and all Released Claims, the Parties stipulate 6 and agree that, upon the Effective Date, Defendants, Lead Plaintiffs and each other 7 Class Member shall be deemed to have, and by operation of the Judgment shall have, 8 expressly waived and relinquished any and all provisions, rights and benefits 9 conferred by any law of any state or territory of the United States, or principle of 10 common law, which is similar, comparable, or equivalent to Cal. Civ. Code § 1542, 11 which provides: 12 A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS WHICH THE CREDITOR DOES NOT KNOW OR SUSPECT 13 TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE, WHICH IF KNOWN BY HIM 14 OR HER MUST HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR. 15 Defendants, Lead Plaintiffs or the other Class Members may hereafter discover facts 16 in addition to or different from those which he, she, or it now knows or believes to be 17 true with respect to the subject matter of the Released Claims, but Defendants and 18 Lead Plaintiffs shall expressly, fully, finally and forever settle and release, and each 19 other Class Member shall be deemed to have settled and released, and upon the 20 Effective Date and by operation of the Judgment shall have settled and released, 21 fully, finally, and forever, any and all Released Claims as applicable, without regard 22 to the subsequent discovery or existence of such different or additional facts. 23 Defendants and Lead Plaintiffs acknowledge, and other Class Members by operation 24 of law shall be deemed to have acknowledged, that the inclusion of “Unknown 25 Claims” in the definition of Released Claims was separately bargained for and was a 26 key element of the Settlement. 27 28 16 STIPULATION OF SETTLEMENT

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1 SCOPE AND EFFECT OF SETTLEMENT 2 2. Pursuant to the Settlement, Defendants make the following written 3 representations (the “Representations”) which will be filed by Broadcom Limited 4 with the SEC: 5 (a) There currently is no agreement in place binding Broadcom 6 Limited or any subsidiary of Broadcom Limited to pay any fees, expenses or other 7 consideration to the holders of limited partnership units (“LP Units”) of Broadcom 8 Cayman L.P. in connection with any Holdings Offer (as defined in the Amended and 9 Restated Exempted Limited Partnership Agreement of Broadcom Cayman L.P., 10 dated as of February 1, 2016 (the “LPA”)) beyond the consideration offered to the 11 holders of ordinary shares of Broadcom Limited in connection with any such 12 transaction, except to the extent, if any, set forth in the LPA. Broadcom Limited, 13 Henry Nicholas and each agree that in connection with any Holdings 14 Offer, they will not enter into any agreement for the payment by Broadcom or any of 15 its subsidiaries, of any of Dr. Nicholas’s or Dr. Samueli’s fees or expenses incurred 16 by either of them in their capacity as holders of LP Units (it being understood that, 17 for the avoidance of doubt, the foregoing restriction shall not apply to any 18 obligations in the Support Agreements, dated May 28, 2015, indemnification and 19 advancement of expense obligations due to directors or officers generally, or 20 otherwise in their capacity as a director or officer of Broadcom Limited or any of its 21 subsidiaries). 22 (b) The holders of LP Units do not have any separate voting or veto 23 rights in connection with any Holdings Offer, except to the extent, if any, set forth in 24 the LPA and the Voting Trust Agreement, dated as of February 1, 2016, among 25 Broadcom Limited, Broadcom Cayman L.P. and the Computershare Trust 26 Company, N.A. (as trustee thereunder), nor is any change to such provisions of the 27 LPA and the Voting Trust Agreement relating to separate voting or veto rights being 28 17 STIPULATION OF SETTLEMENT

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1 discussed between Broadcom Cayman L.P. and Broadcom Limited on one hand, and 2 anyone else on the other hand, as of the date of this Stipulation. 3 3. Pursuant to the Settlement, Plaintiffs will have the opportunity to 4 obtain mutually acceptable confirmatory document discovery from Broadcom 5 Limited with respect to employment, consulting or other agreements between 6 Broadcom Limited and Drs. Samueli or Nicholas. 7 4. Defendants acknowledge that the filing and prosecution of the 8 Litigation and discussions and negotiations with Lead Counsel and Interim Lead 9 Counsel were the sole cause of their decision to provide the Representations and 10 Supplemental Disclosures. As a condition of this Settlement, neither Plaintiffs nor 11 their counsel will seek additional disclosures, representations or forbearances with 12 respect to the LPA, or contend that any additional disclosures, representations or 13 forbearances with respect to the LPA are required, beyond the Supplemental 14 Disclosures and the Representations. 15 5. The Parties stipulate and agree that the Supplemental Disclosures and 16 Representations constitute consideration for the full and final settlement and 17 dismissal with prejudice of the Litigation and the release of any and all Released 18 Claims, and no Released Defendant Party shall have any obligation to pay or bear 19 any amounts, expenses, costs, damages, or fees to or for the benefit of Plaintiffs or 20 any Class Members in connection with this Settlement except as provided for herein, 21 including but not limited to attorneys’ fees and expenses for any counsel to any 22 Class Member, or otherwise; provided, however, that Broadcom or its successor(s) 23 in interest shall (i) be responsible for providing notice of the Settlement to the 24 members of the Class and shall pay all reasonable, documented costs and expenses 25 incurred in administering and providing notice of the Settlement to the members of 26 the Class and (ii) be obligated to pay any attorneys’ fees and expenses awarded by 27 the Court to Plaintiffs’ Counsel, as provided in paragraph 14 hereof. Defendants 28 agree that the pendency of the Litigation and the efforts of Lead Counsel and Interim 18 STIPULATION OF SETTLEMENT

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1 Lead Counsel were the sole cause for the dissemination of the Supplemental 2 Disclosures and Representations. 3 6. The obligations incurred pursuant to this Stipulation are, subject to 4 approval by the Court and such approval becoming final, in full and final disposition 5 of the Litigation with respect to the Released Defendant Parties and any and all 6 Released Claims. 7 7. The Parties agree to cooperate in expeditiously seeking preliminary and 8 Final Approval of the Settlement. 9 Class Certification 10 8. For purposes of this Settlement only, Lead Plaintiffs and the 11 Defendants agree to: (i) certification of the Litigation as a class action; (ii) the 12 certification of Lead Plaintiffs as Class Representatives for the Class; and (iii) the 13 appointment of Lead Counsel as Class Counsel for the Class. 14 9. The certification of the Class shall be binding only with respect to this 15 Stipulation. In the event that this Stipulation is terminated pursuant to its terms or 16 the Effective Date of the Settlement otherwise fails to occur, the certification of the 17 Class shall be deemed vacated (except as provided in paragraph 20), the Litigation 18 shall proceed as though the Class had never been certified, and no reference to the 19 certification of the Class, or to the Stipulation or any documents related thereto, shall 20 be made by the Parties for any purpose, except as expressly authorized by the terms 21 of this Stipulation. 22 Submission of the Settlement to the Court for Approval 23 10. As soon as practicable after this Stipulation has been executed, the 24 Parties shall jointly apply to the Court for entry of the Preliminary Approval Order 25 substantially in the form attached hereto as Exhibit A, providing for, among other 26 things: (a) the mailing to the Class Members of the Postcard Summary Notice, 27 substantially in the form attached as Annex A-3 to Exhibit A hereto; (b) publication 28 of the Summary Notice, substantially in the form attached as Annex A-2 to Exhibit 19 STIPULATION OF SETTLEMENT

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1 A hereto; (c) publication of the Notice on a website dedicated to the Settlement, 2 substantially in the form attached as Annex A-1 to Exhibit A hereto; (d) the 3 scheduling of the Settlement Hearing to consider: (i) the proposed Settlement, (ii) 4 the joint request of the Parties that the Judgment be entered substantially in the form 5 attached hereto as Exhibit B, (iii) final certification of the Class for settlement 6 purposes only pursuant to Rule 23(e) of the Federal Rules of Civil Procedure, 7 (iv) Lead Counsel’s petition for an award of attorneys’ fees and expenses in 8 connection with the Settlement; and (e) the injunction against the prosecution of any 9 of the Released Claims pending further order of the Court. At the Settlement 10 Hearing, the Parties shall jointly request that the Judgment be entered substantially 11 in the form attached hereto as Exhibit B. 12 11. By operation of the Judgment, as of the Effective Date, Lead Plaintiffs 13 and each and every other member of the Class, on behalf of themselves and each of 14 their respective heirs, executors, trustees, administrators, predecessors, successors 15 and assigns, shall be deemed to have fully, finally and forever waived, released, 16 discharged and dismissed each and every one of the Released Claims against each 17 and every one of the Released Defendant Parties and shall forever be barred and 18 enjoined from commencing, instituting, prosecuting or maintaining any of the 19 Released Claims against any of the Released Defendant Parties. 20 12. Within 10 days following the Effective Date, Lead Plaintiffs shall file 21 with the appropriate state court(s) a notice of this Settlement and dismissal with 22 prejudice of the State Actions. 23 CONDITIONS OF SETTLEMENT 24 13. The Settlement shall be expressly conditioned on and subject to each of 25 the following conditions and, except as provided in paragraph 20, shall be cancelled 26 and terminated unless: 27 (a) the Court enters the Preliminary Approval Order substantially in 28 the form attached hereto as Exhibit A; 20 STIPULATION OF SETTLEMENT

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1 (b) the Court has issued a final certification of the Class on a non-opt 2 out basis for purposes of settlement only; 3 (c) the Court has entered a Judgment substantially in the form 4 attached hereto as Exhibit B, dismissing the Litigation with prejudice and providing 5 for the releases; and 6 (d) Final Approval of the Settlement has occurred. 7 ATTORNEYS’ FEES AND EXPENSES 8 14. Defendants acknowledge that if the Settlement is approved by the 9 Court, Plaintiffs’ Counsel are entitled to be paid reasonable attorneys’ fees, and 10 reimbursement of reasonable costs and expenses incurred by Plaintiffs’ Counsel for 11 their efforts in prosecuting the Litigation and in achieving the Settlement described 12 in this Stipulation. Lead Counsel may submit an application to the Court seeking an 13 award of reasonable attorneys’ fees and expenses which will represent an award for 14 Lead Counsel and Interim Lead Counsel being the sole cause of Defendants’ 15 decision to make the Representations and Supplemental Disclosures. Defendants 16 reserve the right to oppose and object to the amount of any such application and 17 make any and all arguments against the amount of the Fee Application as 18 Defendants deem appropriate. Defendants shall pay or cause to be paid the 19 attorneys’ fees and expenses awarded pursuant to an order by the Court (subject to 20 Defendants’ right to appeal therefrom). 21 15. Any fee and expense award relating to the benefits provided by this 22 Settlement shall be payable only if the Settlement is approved by the Court and then 23 only upon satisfaction of all of the conditions set forth in paragraph 16. 24 16. The amount of attorneys’ fees and expenses awarded by the Court is 25 within the sole discretion of the Court. Subject to, and in accordance with, Court 26 approval of an award of attorneys’ fees and expenses, whatever the amount, 27 attorneys’ fees and costs awarded to Lead Counsel shall be paid to Lead Counsel 28 forty-five (45) days after entry of any fee and expense award by the Court and entry 21 STIPULATION OF SETTLEMENT

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1 of the Judgment, notwithstanding the existence of any objections thereto, or 2 potential for appeal therefrom, or collateral attack on the Settlement or request for 3 attorney’s fees or expenses, subject to the joint and several obligation of Plaintiffs’ 4 Counsel to make appropriate refunds or repayments. Plaintiffs’ Counsel shall make 5 any such refunds or repayments within forty-five (45) days of entry of such an order. 6 Lead Counsel, jointly and in their sole discretion, shall determine the allocation 7 among Plaintiffs’ Counsel of any attorneys’ fees and expenses awarded by the 8 Court. Any signatory hereto may dispute such allocation through a binding 9 mediation before a mediator to be mutually agreed upon by the parties to any such 10 dispute. Defendants shall have no responsibility for, and no liability with respect to, 11 the allocation or distribution of attorneys’ fees or expenses among Plaintiffs’ 12 Counsel or any other person who may assert any claim thereto. Except as provided 13 herein, the Released Defendant Parties shall bear no other expenses, costs, damages, 14 or fees alleged or incurred by Plaintiffs in the Litigation or by any of their attorneys, 15 experts, advisors, agents, or representatives. 16 17. Final resolution by the Court of Lead Counsel’s Fee Application shall 17 not be a precondition to the dismissal of the Litigation and shall not affect the 18 validity of the Settlement in any manner. Neither Plaintiffs nor any member of the 19 Class shall have any right to terminate or withdraw from the Settlement by reason of 20 any order or other proceeding (including, without limitation, any appeals) relating to 21 the application by Lead Counsel for, or any approval by the Court of, attorneys’ fees 22 and/or expenses. The procedure for and the allowance or disallowance by the Court 23 of any Fee Application are not part of the Settlement set forth in this Stipulation, and 24 are separate from the Court’s consideration of the fairness, reasonableness and 25 adequacy of the Settlement set forth in the Stipulation, and any order or proceeding 26 relating to any Fee Application, including an award of attorneys’ fees in an amount 27 less than the amount requested by Lead Counsel, or any appeal from any order 28 relating thereto or reversal or modification thereof, shall not operate to terminate or 22 STIPULATION OF SETTLEMENT

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1 cancel the Stipulation, or affect or delay the finality of the Judgment approving the 2 Stipulation and the Settlement set forth herein, including, but not limited to, the 3 release, discharge, and relinquishment of the Released Claims against the Released 4 Defendant Parties, or any other orders entered pursuant to the Stipulation. 5 18. No Person shall have any claim of any kind against the Released 6 Defendant Parties or their counsel with respect to the matters set forth in paragraphs 7 14-17. 8 STAY PENDING COURT APPROVAL 9 19. The Parties agree to continue the stays of proceedings in the Litigation 10 and not to initiate any other proceedings other than those incidental to the Settlement 11 itself pending the occurrence of the Effective Date. The Parties also agree to use 12 their best efforts to seek the stay and dismissal of the State Actions, and to oppose 13 entry of any interim or final relief in favor of any Class Member in any other 14 proceeding against any of the Released Defendant Parties that challenge the 15 Settlement, or the Transaction in any way, or that otherwise involves, directly or 16 indirectly, a Released Claim. 17 EFFECT OF DISAPPROVAL, CANCELLATION OR TERMINATION 18 20. If (a) the Court does not enter the Judgment in substantially the form of 19 Exhibit B, (b) the Court enters the Judgment but on or following appellate review the 20 Judgment is modified or reversed in any material respect, or (c) any of the other 21 conditions of paragraph 13 is not satisfied, this Stipulation shall be cancelled and 22 terminated unless counsel for each of the Defendants and Lead Plaintiffs, within ten 23 (10) days from receipt of such ruling or event, agrees in writing with counsel for the 24 other parties hereto to proceed with this Stipulation and Settlement, including only 25 with such modifications, if any, as to which all other parties hereto in their sole 26 judgment and discretion may agree. For purposes of this paragraph, an intent to 27 proceed shall not be valid unless it is expressed in a signed writing. Neither a 28 modification nor a reversal on appeal of the amount of fees, costs, and expenses 23 STIPULATION OF SETTLEMENT

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1 awarded by the Court to Lead Counsel shall be deemed a material modification of 2 the Judgment or this Stipulation. 3 21. If the Effective Date does not occur, or if this Stipulation is 4 disapproved, cancelled, or terminated pursuant to its terms, all of the Parties shall be 5 deemed to have reverted to their respective litigation status immediately prior to the 6 execution of the Stipulation, and they shall proceed in all respects as if this 7 Stipulation had not been executed and the related orders had not been entered, and in 8 that event all of their respective claims and defenses as to any issue in the Litigation 9 shall be preserved without prejudice in any way, including Defendants’ right to 10 oppose certification of a class in any future proceedings. 11 MISCELLANEOUS PROVISIONS 12 22. All of the Exhibits referred to herein shall be incorporated by reference 13 as though fully set forth herein. Notwithstanding the foregoing, in the event that 14 there exists a conflict or inconsistency between the terms of this Stipulation and the 15 terms of any Exhibit attached hereto, the terms of the Stipulation shall prevail. 16 23. This Stipulation may be amended, modified, or waived only by a 17 written instrument signed by all the undersigned counsel or their successors. 18 24. The Parties represent and agree that the terms of the Settlement were 19 negotiated at arms’ length and in good faith by the Parties, and reflect a settlement 20 that was reached voluntarily based upon adequate information and sufficient 21 discovery and after consultation with experienced legal counsel. 22 25. This Stipulation and all negotiations, discussions, and proceedings in 23 connection with this Stipulation, shall not constitute any evidence, or an admission 24 by any of the Defendants, Plaintiffs, or Released Defendant Parties, that any acts of 25 wrongdoing have been committed or not been committed and shall not be deemed to 26 create any inference that there is any liability or lack of liability on the part of any of 27 the Defendants or Released Defendant Parties. This Stipulation and all negotiations, 28 discussions, and proceedings in connection with this Stipulation, shall not be offered 24 STIPULATION OF SETTLEMENT

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1 or received in evidence or used for any other purpose in this or any other proceeding 2 in any court, administrative agency, arbitration forum, or other tribunal other than as 3 may be necessary to enforce the terms of the Stipulation; provided, however, that the 4 Stipulation and/or Judgment may be introduced in any proceeding, whether in the 5 Court or otherwise, as may be necessary to argue that the Stipulation and/or 6 Judgment has res judicata, collateral estoppel, or other issue or claim preclusion 7 effect or to otherwise consummate or enforce the Settlement or Judgment. 8 26. To the extent permitted by law, all agreements made and orders entered 9 during the course of the Litigation relating to the confidentiality of documents or 10 information shall survive this Stipulation. 11 27. The waiver by any Party of any breach of this Stipulation by any other 12 Party shall not be deemed a waiver of that or any other prior or subsequent breach of 13 any provision of this Stipulation by any other Party. 14 28. This Stipulation and the Exhibits constitute the entire agreement among 15 the Parties and supersede any prior agreements among the Parties or any Plaintiffs’ 16 Counsel with respect to the subject matter hereof. No representations, warranties, or 17 inducements have been made to or relied upon by any Party concerning this 18 Stipulation or its Exhibits, other than the representations, warranties, and covenants 19 expressly set forth in such documents. 20 29. This Stipulation may be executed in one or more counterparts, 21 including by facsimile and electronic mail, and, as executed, shall constitute one 22 agreement. 23 30. The Parties and their respective counsel of record agree that they will 24 use their best efforts to obtain all necessary approvals of the Court required by this 25 Stipulation including, but not limited to, using their best efforts to resolve any 26 objections raised to the Settlement. 27 31. Plaintiffs and Plaintiffs’ Counsel represent and warrant that Plaintiffs 28 are members of the Class and that none of the Plaintiffs’ claims or causes of action 25 STIPULATION OF SETTLEMENT

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1 referred to in this Stipulation has been assigned, encumbered, or otherwise 2 transferred in any manner in whole or in part. 3 32. Each counsel signing this Stipulation represents and warrants that such 4 counsel has been duly empowered and authorized to sign this Stipulation on behalf 5 of his or her clients. 6 33. This Stipulation shall be binding upon and shall inure to the benefit of 7 the Parties and the Class (and, in the case of the releases, all Released Parties) and 8 the respective legal representatives, heirs, executors, administrators, transferees, 9 successors, and assigns of all such foregoing Persons and upon any corporation, 10 partnership, or other entity into or with which any party may merge, consolidate, or 11 reorganize. 12 34. The headings in this Stipulation are solely for the convenience of the 13 attorneys for the Parties and the relevant courts. The headings shall not be 14 considered in construing or interpreting this Stipulation. 15 35. In the event that the Court or any other court is called upon to interpret 16 this Stipulation, no one Party or group of Parties shall be deemed to have drafted this 17 Stipulation. This Stipulation shall not be construed more strictly against one Party 18 than another merely by virtue of the fact that it, or any part of it, may have been 19 prepared by counsel for one of the Parties, it being recognized that it is the result of 20 arm’s length negotiations between the Parties, and all Parties have contributed 21 substantially and materially to the preparation of this Stipulation. 22 36. All time periods herein shall be calculated pursuant to Rule 6 of the 23 Federal Rules of Civil Procedure. 24 37. The administration and consummation of the Settlement as embodied 25 in this Stipulation shall be under the authority of the Court and the Court shall retain 26 jurisdiction for the purpose of entering orders providing for awards of attorneys’ 27 fees and expenses to Plaintiffs’ Counsel and enforcing the terms of this Stipulation. 28 26 STIPULATION OF SETTLEMENT

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1 38. The Stipulation, the Settlement, and any and all disputes arising out of 2 or relating in any way to any of them, whether in contract, tort or otherwise, shall be 3 governed by and construed in accordance with the laws of the state of California, 4 without regard to conflict of laws principles. Each of the Parties (a) irrevocably 5 submits to the personal jurisdiction of this Court as well as to the jurisdiction of all 6 courts to which an appeal may be taken from such court, in any suit, action, or 7 proceeding arising out of or relating to this Stipulation or the Settlement, (b) agrees 8 that all claims in respect of such suit, action, or proceeding shall be brought, heard, 9 and determined exclusively in the Court (provided that, in the event that subject 10 matter jurisdiction is unavailable in the Court, then all such claims shall be brought, 11 heard and determined exclusively in any other state or federal court sitting in Santa 12 Ana, California), and (c) expressly waives, and agrees not to plead or to make any 13 claim that any such action or proceeding is subject (in whole or in part) to, a jury 14 trial. 15 IN WITNESS WHEREOF, the Parties by their undersigned attorneys have 16 executed this Stipulation as of September 23, 2016. 17 18 19 20 21 22 23 24 25 26 27 28 27 STIPULATION OF SETTLEMENT

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1 Dated: September 23, 2016 LATHAM & WATKINS LLP

2 By: /s/ Brian T. Glennon 3 Brian T. Glennon

4 Brian T. Glennon (Bar No. 211012) Nathan M. Saper (Bar No. 294492) 5 355 South Grand Avenue Los Angeles, California 90071 6 Telephone: (213) 485-1234 Facsimile: (213) 891-8763 7 [email protected] [email protected] 8 Michele D. Johnson (Bar No. 198298) 9 Sarah E. Diamond (Bar No. 281162) 650 Town Center Drive, 20th Floor 10 Costa Mesa, California 92626 Telephone: (714) 540-1235 11 Facsimile: (714) 755-8290 [email protected] 12 [email protected]

13 Attorneys for Defendants Avago Technologies Limited, Pavonia Limited, 14 Safari Cayman L.P., Avago Technologies Cayman Holdings Limited, Avago 15 Technologies Cayman Finance Limited, Buffalo CS Merger Sub, Inc., and Buffalo 16 UT Merger Sub, Inc.

17 Dated: September 23, 2016 WILSON SONSINI GOODRICH & 18 ROSATI, Professional Corporation

19 By: /s/ Catherine E. Moreno 20 Catherine E. Moreno

21 Boris Feldman (Bar No. 128838) Ignacio E. Salceda (Bar No. 164017) 22 Catherine E. Moreno (Bar No. 264517) 650 Page Mill Road 23 Palo Alto, California 94304 Telephone: (650) 493-9300 24 Facsimile: (650) 565-5100 [email protected] 25 [email protected] [email protected] 26 Attorneys for Defendants Scott A. 27 McGregor, Henry Samueli, Robert E. Switz, John E. Major, Eddy W. 28 Hartenstein, Maria Klawe, Nancy H. 28 STIPULATION OF SETTLEMENT

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1 Handel, William T. Morrow, Robert J. Finocchio, and Eric K. Brandt 2 Dated: September 23, 2016 COHEN MILSTEIN SELLERS 3 & TOLL PLLC

4 By:/s/ Joshua S. Devore 5 Joshua S. Devore

6 Joshua S. Devore 1100 New York Ave. N.W. 7 Suite 500 East Tower Washington, DC 20005 8 Telephone: (202) 408-4600 Facsimile: (202) 408-4699 9 [email protected]

10 Richard A. Speirs (pro hac vice) Kenneth M. Rehns (pro hac vice) 11 88 Pine St. 14th Floor New York, New York 10005 12 Telephone: (212) 838-7797 Facsimile: (212) 838-7745 13 [email protected] [email protected] 14 Carol V. Gilden (pro hac vice) 15 190 South LaSalle Street Suite 1705 16 Chicago, Illinois 60603 Telephone: (312) 357-0370 17 Facsimile: (312) 357-0369 [email protected] 18 Counsel for Lead Plaintiffs Iron Workers 19 Mid-America Pension Plan and Oklahoma Firefighters Pension and 20 Retirement System and Lead Counsel

21 Dated: September 23, 2016 WESTERMAN LAW CORP. 22

23 By: /s/ Jeff S. Westerman Jeff S. Westerman 24 Jeff S. Westerman (Bar No. 94559) 25 1875 Century Park East, 22nd Floor Los Angeles, California 90067 26 Telephone: (310) 698-7880 Facsimile: (310) 775-9777 27 [email protected]

28 Liaison Counsel for Lead Plaintiffs 29 STIPULATION OF SETTLEMENT

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1 2 Dated: September 23, 2016 WOLF HALDENSTEIN ADLER FREEMAN & HERZ LLP 3 By: /s/ Betsy C. Manifold 4 Betsy C. Manifold

5 Francis M. Gregorek (Bar No. 144785) Betsy C. Manifold (Bar No. 182450) 6 Rachele R. Rickert (Bar No. 190634) Marisa C. Livesay *Bar No. 223247) 7 750 B Street, Suite 2770 , California 92101 8 Telephone: (619) 239-4599 Facsimile: (619) 234-4599 9 [email protected] [email protected] 10 [email protected] [email protected] 11 Co-Lead Counsel for the State Actions 12 Dated: September 23, 2016 WEISSLAW LLP 13 By: /s/ Richard A. Acocelli 14 Richard A. Acocelli

15 Richard A. Acocelli (pro hac vice) 1500 Broadway, 16th Floor 16 New York, NY 10036 Telephone: (212) 682-3025 17 Facsimile: (212) 682-3010 [email protected] 18 Interim Lead Counsel 19

20 ATTESTATION CLAUSE: 21 22 Pursuant to Local Rule 5-4.3.4, I certify, that I obtained concurrence in the 23 filing of this document from all parties whose electronic signatures appear above. 24 Dated: September 23, 2016 LATHAM & WATKINS LLP 25 By:/s/ Brian T. Glennon 26 Brian T. Glennon 27 28 30 STIPULATION OF SETTLEMENT

Lead Case No. SA 15 CV 00979 JVS (PJWx)