Mr. Rivette will receive the compensation Tessera provides to non-employee directors, which is described in Tessera's Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 1, 2010. Tessera has entered into an indemnification agreement with Mr. Rivette in the form attached as Exhibit 10.1 to Tessera's Registration Statement on Form S-1 filed on September 4, 2003.

        Mr. Rivette is a managing partner of 3LP Advisors LLC ("3LP"), in which Mr. Rivette has a 33.3% ownership interest. Since 2008, 3LP has provided consulting services to Tessera. On January 1, 2010, Tessera entered into a Consulting Services Agreement with 3LP, pursuant to which 3LP assisted Tessera with the identification and acquisition of patents for Tessera's patent portfolio through June 30, 2010. Under the Consulting Services Agreement, 3LP was paid a monthly fee, was entitled to fees based on Tessera's related patent acquisition activity through September 30, 2010 and is entitled to additional fees based on Tessera's revenues and licensing activities through 2012. To date, Tessera has paid 3LP a total of $1,675,633.00 under the Consulting Services Agreement and 3LP is eligible to receive up to $6,560,055.50 in such additional fees.

        On June 6, 2010, Tessera entered into a Transition and Consulting Services Agreement with 3LP to extend the term of 3LP's consulting services arrangement. Tessera paid a total of $460,000.00 in fees to 3LP under the Transition and Consulting Services Agreement, as amended, which expired on September 30, 2010.