ARTISAN COMPONENTS INC
TERMINATION AGRMT
<DOCUMENT>
<TYPE>EX-10.15.1
<SEQUENCE>6
<FILENAME>d53082_ex10-15.htm
<DESCRIPTION>TERMINATION AGRMT
<TEXT>
<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2 Final//EN">
<HTML>
<HEAD>
     <TITLE>Exhibit 10.15.1</TITLE>
</HEAD>
<BODY>

<!-- MARKER FORMAT-SHEET="Page Width Begin Rule" -->
<TABLE WIDTH="600" CELLSPACING="0" CELLPADDING="0" BORDER="0">
<TR VALIGN="TOP">
<TD><HR SIZE="5" NOSHADE>
<BR>

<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 79; page: 79" -->

<!-- MARKER FORMAT-SHEET="Head Major 10" -->
<H1 ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">TERMINATION
AGREEMENT AND RELEASE</FONT></H1>

<!-- MARKER FORMAT-SHEET="Para Flush 10" -->
<P><FONT FACE="Times New Roman, Times, Serif" SIZE="2">This Termination
Agreement and Release (this &#147;Agreement&#148;), effective as of August 1,
2002 (the &#147;Effective Date&#148;), is made by and between Artisan
Components, Inc., a Delaware corporation with its principal offices located at
141 Caspian Court, Sunnyvale, California (&#147;Artisan&#148;) and Leon Malmed,
an individual residing at ____________________________________
(&#147;Consultant&#148;).</FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major 10" -->
<H1 ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>Recitals</I></FONT></H1>

<!-- MARKER FORMAT-SHEET="Para 10" -->
<P><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS,
Artisan and  Consultant  are parties to a Consulting Agreement dated April 19, 2000, a
copy of which  agreement is  attached as <I>Exhibit A</I> hereto (the &#147;Consulting
Agreement&#148;);  and</FONT></P>

<!-- MARKER FORMAT-SHEET="Para 10" -->
<P><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;WHEREAS,
the parties  hereto and  thereto desire to terminate the Consulting Agreement and release
each other  from any and  all claims arising out of the Consulting Agreement; and</FONT></P>

<!-- MARKER FORMAT-SHEET="Para 10" -->
<P><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;NOW,
THEREFORE, in  consideration  of the mutual promises contained herein, and for other good
and sufficient  consideration, receipt and sufficiency of which are hereby acknowledged,
the parties  agree  as follows:</FONT></P>

<!-- MARKER FORMAT-SHEET="Head Major 10" -->
<H1 ALIGN="CENTER"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"><I>Agreement</I></FONT></H1>

<!-- MARKER FORMAT-SHEET="Para 10" -->
<P><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.
<I>Termination of  Consulting Agreement</I>. Notwithstanding anything to the contrary
contained in  the Consulting Agreement, the parties hereby terminate the Consulting
Agreement.  For avoidance of doubt, the parties acknowledge and agree that, effective as
of  the Effective Date, the Consulting Agreement shall cease to have any force or
effect, and neither Artisan nor Consultant shall have any payment or other  obligations
under the Consulting Agreement.</FONT></P>

<!-- MARKER FORMAT-SHEET="Para 10" -->
<P><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.
<I>Release of  Claims.</I> Artisan and Consultant hereby and forever mutually and
severally,  irrevocably and unconditionally, release and forever discharge each other
from  any and all indebtedness, damages, losses, claims, obligations, costs, expenses,
attorneys&#146; fees and liabilities of any nature whatsoever, whether known or  unknown,
suspected or unsuspected, existing or prospective, arising out of or  relating to the
Consulting Agreement.</FONT></P>

<!-- MARKER FORMAT-SHEET="Para 10" -->
<P><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.
<I>Stock Option  Grants</I>. For avoidance of doubt, the parties acknowledge and agree
that, for  purposes of outstanding options to purchase Common Stock of Artisan granted to
Consultant under Artisan&#146;s 1993 Stock Option Plan (the  &#147;Options&#148;): (i)
Consultant&#146;s Continuous Status as an Employee or  Consultant shall cease, effective
as of the Effective Date, (ii) no options to  acquire Common Stock of Artisan shall vest
under the Options following the  Effective Date, and (iii) Consultant shall have three
months following the  Effective Date to exercise any options that have previously vested,
if any,  under the Options.</FONT></P>

<!-- MARKER FORMAT-SHEET="Para 10" -->
<P><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.
<I>Further  Assurances</I>. Promptly following the request of any other party at any
time,  each party shall execute, acknowledge and deliver to the requesting party or the
designee thereof such other or further documents or letters as may be reasonably
necessary or advisable to evidence or effectuate the purposes of this Agreement.</FONT></P>

<!-- MARKER FORMAT-SHEET="Page Number Center w/ Rule" -->
<P ALIGN="CENTER"><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE=2></FONT></P>
<HR SIZE="5" NOSHADE>

<!-- *************************************************************************** -->
<!-- MARKER PAGE="sheet: 80; page: 80" -->

<!-- MARKER FORMAT-SHEET="Para 10" -->
<P><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.
<I>Severability</I>.  The  parties agree that if any provision of this Agreement is found
to be unenforceable by a  court of competent jurisdiction, it shall not affect the
enforceability of the remaining  provisions and such court  shall enforce all remaining
provisions to the fullest extent  permitted by law.</FONT></P>

<!-- MARKER FORMAT-SHEET="Para 10" -->
<P><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.
<I>Entire  Agreement</I>. This Agreement constitutes and contains the entire agreement
and  understanding between the parties with respect to the subject matter hereof, and
supersede and replace all prior negotiations and all agreements, proposed or  otherwise,
whether written or oral, concerning the subject matter hereof. This  Agreement may not be
altered, amended, modified or otherwise changed in any  respect or particular except by a
writing signed by Artisan and Consultant.</FONT></P>

<!-- MARKER FORMAT-SHEET="Para 10" -->
<P><FONT FACE="TIMES NEW ROMAN, TIMES, SERIF" SIZE="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;IN
WITNESS WHEREOF,  each the  parties have executed this Agreement as of the Effective Date
set forth above.</FONT></P>

<!-- MARKER FORMAT-SHEET="Page Width End" -->
</TD>
</TR>
</TABLE>
<BR>

<!-- MARKER FORMAT-SHEET="Signature (Single)" -->
<TABLE WIDTH="600" CELLSPACING="0" CELLPADDING="0" BORDER="0">
<TR VALIGN="TOP">
<TD WIDTH="40%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
<TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
<TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">ARTISAN COMPONENTS INC.<BR><BR><BR>
By: /s/ Mark Templeton<BR>
&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
Name: Mark Templeton<BR>
Title: President &amp; CEO</FONT></TD></TR>
</TABLE>
<BR>

<BR>

<!-- MARKER FORMAT-SHEET="Signature (Single)" -->
<TABLE WIDTH="600" CELLSPACING="0" CELLPADDING="0" BORDER="0">
<TR VALIGN="TOP">
<TD WIDTH="40%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
<TD WIDTH="10%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2"></FONT></TD>
<TD WIDTH="50%"><FONT FACE="Times New Roman, Times, Serif" SIZE="2">CONSULTANT<BR><BR><BR>
By: /s/ Leon Malmed<BR>
&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;&#151;<BR>
Name: Leon Malmed</FONT></TD></TR>
</TABLE>

</BODY></HTML>

</TEXT>
</DOCUMENT>
