Mr. del Calvo focuses on the representation of public and private technology companies in mergers and acquisitions, public offerings, private placements and joint ventures, investment banks in equity, debt and other transactions, and venture and private equity funds in their formation and investments. He has extensive experience in hostile takeovers, proxy contests, special investigations and counseling boards of public companies on corporate governance issues. Mr. del Calvo joined Pillsbury in 1982 and was made a partner in 1990. He served as co-leader of the firm's Silicon Valley Business group from 1994 to 2005, as a member of the firm's board since 2006 and as Chairman of its Finance Committee since 2006.

Mr. del Calvo's clients range in size from start-ups to Fortune 1000 companies. Among the public companies he has represented are:

• AboveNet Communications Inc.
• Alliance Fiber Optic Products, Inc.*
• Atheros Communications, Inc.*
• Business Insurance Corp.*
• Centillium Communications, Inc.
• Critical Path, Inc.*
• eTelecare Global Solutions, Inc.*
• Ikanos, Inc.
• Magma Design Automation, Inc.*
• MicroLinear, Inc.
• Netcom On-Line Communications Service, Inc.*
• Network Solutions, Inc.*
• NexGen Inc.*
• Paradigm, Inc.*
• PeopleSupport Inc.*
• PortalPlayer, Inc.*
• Savoir Technologies, Inc.
• SiRF Technology Holdings Inc.*
• SONICblue Incorporated (formerly S3, Inc.)*
• SunPower Corporation*
• SupportSoft, Inc.*
• SYNNEX Corporation*
• Tvia, Inc.*
• Techwell, Inc.*
• WebEx Communications, Inc.*

* Represented on IPO

From 2000 to the present, Mr. del Calvo led the nation in representing issuers in completed technology IPOs. During his career, Mr. del Calvo has represented U.S. and foreign issuers in hundreds of public and private offerings of equity, debt and convertible securities. Mr. del Calvo regularly advises numerous large and small publicly and privately held companies and their boards of directors regarding a broad range of corporate and securities matters. His representation of public companies emphasizes corporate governance, including the Sarbanes-Oxley Act and new stock exchange governance initiatives, as well as the law regarding public disclosures through periodic reports to the SEC, proxy statements, press releases and the like. He has represented private companies in connection with various equity and debt financings and shareholders' agreements and other arrangements among shareholders of closely held entities. He regularly consults with public and privately-held companies concerning issues involving the fiduciary duties of directors, corporate control issues and similar matters.

Mr. del Calvo also has extensive experience as counsel in mergers and acquisitions transactions, representing both purchase and acquirors. Included among the transactions he has been involved with are:

• $3.2 billion acquisition of WebEx Communications by Cisco Systems, Inc.
• $1.8 billion acquisition of AboveNet Communications, Inc. by Metromedia Fiber Network, Inc.*
• $850 million acquisition of NexGen, Inc. by Advanced Micro Devices, Inc.
• $600 million acquisition of Intel Corporations Communications Processor by Marvell, Inc.
• $417 million acquisition of Mobile 365, Inc. by Sybase, Inc.
• $357 million acquisition of PortalPlayer, Inc. by NVIDIA Corporation
• $300 million acquisition of RemarQ Communities, Inc. by Critical Path, Inc.
• $290 million acquisition of eTelecare Global Solutions, Inc. by Providence Equity Partners, Inc. and Ayala Corp
• $283 million acquisition of Centrality Communications Inc. by SiRF Technology Holdings Inc.
• $255 million acquisition of NETCOM On-Line Communication Service, Inc. by IGC Communications, Inc.
• $250 million acquisition of PeopleSupport by AEGIS BPO Services Ltd.
• $250 million (including potential earn-out) acquisition of RMI by Netlogic
• $244 million acquisition of Intellon, Inc. by Atheros Communications, Inc.

Italicized companies are the clients in the transactions.
* Acted as co-counsel.

Mr. del Calvo has also represented a number of investment bankers in equity, debt and other transactions, including work with such clients as Goldman Sachs & Co., JP Morgan, Deutsche Banc, UBS, Oppenheimer, and Needham & Company, Inc. on a number of public offerings, private placements, spin-offs, and other transactions.  He has also represented a number of venture funds (including Redwood Ventures IV and Raza Venture Fund A and B) and incubators (including New Path, LLC and Raza Foundries) in connection with their formation and has represented a number of venture capital funds, private equity funds and investors in private placements of equity and debt.

Mr. del Calvo is currently serving on the board of Columb, Inc. and Job Train, Inc. and has also previously served on the boards of Berkeley Process Control, Innogenex, Riverstone Networks (RSTN), Procket Networks, Deepa Textiles, Xambala and New Path, LLC. He is a Coordinating Editor of the Venture Capital and Public Offering Negotiation, a two-volume treatise for lawyers. He has also been a Visiting Lecturer at Stanford Law School where he has taught several corporate law courses and Continuing Education for the Bar (CEB) courses.

Mr. del Calvo is listed in The Best Lawyers in America 2005-2009 editions in the areas of Corporate Law, Leveraged Buyouts and Private Equity Law, Mergers & Acquisitions Law, Securities Law and Venture Capital Law. He is cited in the 2005-2009 editions of Chambers USA: America's Leading Lawyers for Business as top in his field for Corporate and Mergers and Acquisitions Practices. From 2005-2009 he was named a Northern California Super Lawyer as the result of a joint research project conducted by Law & Politics and San Francisco Magazine.

Mr. del Calvo is a charter member of the Silicon Valley chapter of the Indus Entrepreneurs (TiE), Asian American Multicultural Association (AAMA), and HispanicNet. He has been a speaker at various conferences sponsored by TiE, AAMA, HispanicNet, Silicon Iran, and other industry organizations.

American Bar Association