CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. TESSERA, INC.

Exhibit 10.3

CERTAIN CONFIDENTIAL INFORMATION CONTAINED IN THIS DOCUMENT, MARKED BY BRACKETS, HAS BEEN OMITTED AND FILED SEPARATELY WITH THE SECURITIES AND EXCHANGE COMMISSION PURSUANT TO RULE 24B-2 OF THE SECURITIES EXCHANGE ACT OF 1934, AS AMENDED.

TESSERA, INC.

Restated TCC ^® License Agreement

This Agreement is entered into as of January 1, 2005, (the “Effective Date”) between Tessera, Inc., a corporation organized under the laws of Delaware, having a principal place of business at 3099 Orchard Drive, San Jose CA 95134 and its Affiliates (“Tessera”) and Samsung Electronics Co., Ltd. a corporation organized under the laws of Republic of Korea having a principal place of business at 250 Taepyung-Ro, 2 Ga, Chung-Ku, Seoul, Korea and its Affiliates (“Licensee”) with reference to the following facts:

Scope :

WHEREAS Tessera owns patents and other intellectual property rights to certain semiconductor integrated circuit (“IC”) package types;

WHEREAS, Tessera and Licensee entered into a License Agreement entitled “TCC License Agreement” having an effective date of May 17, 1997 (“the 1997 Agreement”);

WHEREAS, there has been litigation pending between Licensee and Tessera relating to Tessera’s patent rights and to alleged breach of the 1997 Agreement in the United States District Court for the Northern District of California, titled Samsung Electronics Co. v. Tessera Technologies, Inc. and Tessera, Inc. , and related counterclaims, Civil Action No. 02-05837(CW)(MEJ)(“the Oakland Action”);

WHEREAS trial of a number of the claims and counterclaims in the Oakland Action commenced on November 1, 2004;

WHEREAS, Tessera and Licensee have agreed to settle the Oakland Action and, as partial consideration for that Settlement Agreement have agreed to enter into a new license agreement that supersedes the 1997 Agreement in its entirety; and

WHEREAS, Licensee wishes to license Tessera’s patents and to pay royalties for the disputed packages and other TCC packages as specified herein as consideration for the settlement of this pending litigation.

THEREFORE, Tessera and Licensee (herein collectively referred to as “Parties” or singularly referred to as “Party”) agree to the following terms:

The Parties Hereto Agree:

I. Definitions:

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As used herein, the following terms shall have the following meaning:

A. The term “TCC” is an acronym for Tessera Compliant Chip, a type of integrated circuit (“IC”) package made under certain issued Tessera Patents licensed hereunder. Generally, a TCC has substantially coplanar bump or solder contacts disposed in a grid array pattern and comprises a thin compliant multi-layer structure mounted to at least one surface of an IC die, with permanent flexible electrical connections between at least one of said contacts and a corresponding bond pad on said IC die. For the purposes of this Agreement, the parties agree that the definition of Licensed Product shall be treated as a subset of TCC, i.e. included in the term “TCC” as it is used throughout this Agreement.

B. The term “Licensed Product” includes Licensee’s IC packages using (a) polyimide or glass-epoxy or glass-laminate substrate; (b) one or more solder balls under the IC; (c) die attach adhesive attaching the IC to the polyimide or glass-epoxy or glass-laminate substrate; and (d) solder ball pitch less than or equal to 1.0mm. For avoidance of doubt, Licensed Product shall include but is not limited to the DRAM and Non-DRAM Licensed Product.

C. The term “µBGA ^® ” is a type of TCC package.

D. The term “DRAM Device” means a Dynamic Random Access Memory (DRAM) IC device comprised solely of an array of DRAM cells and the associated control and I/O circuitry that are necessary to allow data to be written to, stored by, and read from the DRAM cells. A TCC package that contains one or more DRAM Devices is a “DRAM TCC package” or a “DRAM Licensed Product,” and a TCC package that contains at least one IC that is not a DRAM Device is a “Non-DRAM TCC package” or a “Non-DRAM Licensed Product.” For example, if a TCC package contains both a DRAM Device and an IC that is not a DRAM Device, the TCC package shall be considered a Non-DRAM TCC package.

E. The term “Logic Device” means an IC device whose primary function is to provide logic or processing functions. Logic Devices include, by way of example and not limitation, microprocessors, digital signal processors (DSPs), application specific integrated circuits (ASICs), systems-on-chip (SoCs), programmable logic devices (PLDs), programmable logic arrays (PLAs), field programmable grid arrays (FPGAs), microcontrollers and analog and mixed-signal devices. A TCC package that contains one or more Logic Devices is a “Non-DRAM TCC package.”

F. The term “Technology” means Tessera Patents relating to the design, manufacture, and assembly of TCC packages (excluding Batch Technology as defined herein) and any related Tessera copyrights and know-how previously transferred to Licensee pursuant to the 1997 Agreement.

G. The term “Patent” means letters patents, utility models, allowances and applications therefor in all countries of the world, including re-issues, re-examinations, continuations, divisions, and all corresponding foreign patents.

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H. The term “Tessera Patent” means Patent(s) which arise out of inventions based on the Technology made and/or acquired by Tessera based on the Technology prior to expiration or termination of this Agreement. The term Tessera Patent shall further include any third party patent based on the Technology under which Tessera or any successor thereof has the right to grant licenses of the scope granted herein, as of the Effective Date or at any time during the term of this Agreement, without the payment of royalty or other consideration to such third parties except for payment to third parties for inventions made by said parties while employed by Tessera or any successor thereof, including US patents and US patent applications set forth in Attachment A attached and Improvements thereto which had or have a first effective filing date in any country prior to expiration or termination of this Agreement.

I. The term “Batch Technology” as used herein means Technology including: (i) any method or result of U.S. Patent Number 5,518,964 (and related Patents) for making flexible electrically conducting element(s), joining said elements to electrical contact(s) on a substantially planar electrical element such as a semiconductor integrated circuit, undiced IC wafer, or interconnect substrate, and forming said element(s) away from the plane of said contacts in a predetermined fashion into the flexible electrical lead(s) of a TCC package; (ii) any method or result of U.S. Patent 5,455,390 (and related Patents) for making and forming flexible conducting element(s) on a dielectric film and then simultaneously joining said elements to electrical contacts on a substantially planar electrical element such as a semiconductor integrated circuit, undiced IC wafer or interconnect substrate to produce the flexible electrical leads of a TCC package; and/or (iii) any method or result of further invention or Patent made or acquired by Tessera during the term hereof covering any batch processing method for simultaneously forming, producing and/or connecting a plurality of flexible electrical leads of a TCC package. Notwithstanding, the parties expressly agree that any TCC package made and/or connected individually on a semiconductor integrated circuit or undiced wafer by traditional wire bonding methods and/or tape automated bonding (“TAB”) gang bonding methods, is not included in Batch Technology.

J. The term “IC Contact” means an electrical connection (e.g. wire bond or lead bond) to an IC bond pad contained in any TCC package licensed hereunder.

K. The term “Licensee’s Improvements” means device design modifications, derivatives, improvements, or enhanced specifications, relating to the TCC packages or related materials that may be made by Licensee arising out of Technology or incorporated in a TCC package licensed hereunder for sale or other transfer to a third party during the term of this Agreement or extension hereof. Notwithstanding, the term “Licensee Improvements” does not include manufacturing process improvements unless such a process improvement enables a particular package structure to the exclusion of other practically feasible methods of making such a structure. The parties agree that Licensee’s inventions that do not arise out of the Technology shall be excluded from the definition of Licensee’s Improvements unless such invention infringes a Tessera Patent or is incorporated in a TCC package by or for Licensee for sale or other transfer to a third party.

L. The term “Affiliate” means any company which agrees to be bound by the terms and conditions of this Agreement and is more than fifty percent (50%) of the voting stock is owned or controlled by Licensee. A company shall be considered an Affiliate only so long as such majority ownership or control exists.

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N. The term “Licensed Package Assembler” means a party licensed by Tessera to assemble, use and sell TCC packages for others.

II. Licensee Rights:

A. License Grant . Subject to the terms and conditions hereinafter set forth, Licensee’s agreement to the provisions hereof including all attachments hereto, and conditioned upon Licensee’s payment of the royalties stated herein in Paragraph III, Tessera hereby grants Licensee a non-exclusive, worldwide, non-transferable, non-sub-licensable limited license under the Technology to make, use, sell, offer to sell, and/or have made TCC packages that are sold as Licensee’s own products (e.g., the TCC packages bear the Licensee’s commercial indicia) or that are sold by Licensee but do not bear Licensee’s commercial indicia where (i) all of the IC’s incorporated within such TCC packages are manufactured by Licensee; or (ii) the TCC package contains multiple ICs at least one of which is manufactured by Licensee and at least one of which is a Logic Device.

B. Use of Have Made Rights . When Licensee exercises its “have made” right, it shall provide a written notice to the applicable package subcontractor, with a copy to Tessera, stating that the TCC packages are being assembled under a “have made” license from Tessera and that the package subcontractor need not obtain a license or pay royalties for such TCC packages because the royalties are being paid directly from Licensee to Tessera. Licensee may also use a Licensed Package Assembler to make TCC packages that are licensed under the Licensed Package Assembler’s own license with Tessera; provided, however, that (i) Licensee provides written notice to Tessera of the name of such Licensed Package Assembler and the quantity and type of such TCC packages, and (ii) if such Licensed Package Assembler does not pay such royalties to Tessera when due, Licensee shall pay the royalties due under the license agreement of their chosen Licensed Package Assembler within forty-five (45) days after Tessera notifies Licensee of such nonpayment by their chosen Licensed Package Assembler, provided that such notice shall be given if Tessera is unable to collect such royalties after exhausting good faith and commercially reasonable efforts to collect such royalties from the chosen Licensed Package Assembler, but not requiring Tessera to commence litigation against any such Licensed Package Assembler. By way of clarification, if Samsung elects to have a Licensed Package Assembler make TCC packages under the Licensed Package Assembler’s agreement with Tessera, any payment made by Samsung as guarantor shall be under Samsung’s “have made” rights under Paragraph II.A., hereof, and the royalty rate shall be calculated under the applicable Paragraph of this Agreement; with the further agreement that if Licensee makes a payment in guarantee of any such Licensed Package Assembler, (i) Licensee shall be obligated to use its “have made” rights hereunder with such Licensed Package Assembler for a period totaling four quarterly payments for any TCC packages made by such Licensed Package Assembler and shall pay the applicable royalties directly to Tessera for such time period, and (ii) Licensee shall provide a written notice to the applicable package subcontractor, with a copy to Tessera, stating that the royalty payments for the TCC packages are, for that time period, being guaranteed by Licensee and being assembled under Licensee’s “have made” license from Tessera and that the Licensed Package Assembler should not pay royalties for such TCC packages because the royalties are being paid directly from Licensee to Tessera. For avoidance of doubt, Licensee’s payment of royalties in guarantee of a Licensed Package Assembler pursuant to this paragraph shall be fully subject to all terms and conditions applicable to Licensee’s exercise of its “have

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made” rights, including but not limited to Paragraphs III.B.1, III.C, III.D and III.E. Further, if Licensee elects to have TCC packages made under the license of the Licensed Package Assembler, such TCC Packages shall not apply to any of the financial terms (e.g. target royalties) of Paragraph III of this Agreement.

C. Batch Technology Excluded . Notwithstanding anything herein to the contrary, Batch Technology is excluded from the scope of this Agreement, and Licensee’s rights herein expressly exclude any right to package and/or assemble, or sell any product made using Batch Technology. Notwithstanding, when Tessera decides to license such Batch Technology to others, Tessera agrees to enter into good faith negotiations with Licensee on the terms and conditions of a separate agreement to define the parties relationship with respect to Batch Technology.

D. No Implied License . Notwithstanding the foregoing, nothing in this Agreement shall be construed to grant Licensee, Affiliates, successors or assigns or any third parties an implied license under any patent owned by Tessera other than the Tessera Patents.

E. No Assembly Services . Subject to the express terms of Paragraph II.A, hereof, nothing in this Agreement shall be construed as granting Licensee the right to assemble TCC packages to be sold as the product of third party (e.g., the TCC packages bear the third party’s commercial indicia).

III. Fee and Royalty:

A. License Fee . No license fee is due hereunder.

B. Running Royalties . For the license rights and benefits granted in Paragraph II.A, Licensee shall pay a royalty for each TCC package sold by Licensee in US currency, as follows:

1. DRAM TCC Packages . For each DRAM TCC package sold by Licensee, Licensee shall pay a royalty to Tessera as set forth below:

a. Initial DRAM Royalty Rate . Until one of [*] agrees to pay royalties to Tessera for all DRAM Licensed Products that any such company is shipping in volume (“First Triggering Event”), the royalty for DRAM TCC packages sold by Licensee shall be [*] per DRAM TCC package. In any calendar year prior to the year in which the First Triggering Event occurs, if Licensee pays Tessera [*] in royalties for DRAM TCC Packages sold in a particular calendar year (“Initial DRAM Royalty Target”), then the royalty rate for DRAM TCC Packages sold thereafter in that same calendar year shall be [*] per package unless the First Triggering Event is met, in which case the royalty rate set forth in Paragraph III.B.1.b shall apply. The requirement of an Initial DRAM Royalty Target shall be removed for the year in which the First Triggering Event is satisfied. If [*], or the DRAM business of these companies, are acquired by another of these companies, then an agreement with the acquiring company to pay royalties for all DRAM Licensed Products that the acquiring company is shipping in volume shall satisfy the First Triggering Event.

b. Mid-point DRAM Royalty Rate . After the First Triggering Event is satisfied, the royalty for DRAM TCC packages sold by Licensee shall be increased to [*] per DRAM TCC package and the associated requirement for a Initial DRAM Royalty Target shall be removed, as discussed above.

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c. Base DRAM Royalty Rate . After a second one of [*] agrees to pay royalties to Tessera for all DRAM Licensed Products that any such company is shipping in volume (“Second Triggering Event”), the royalty for DRAM TCC packages sold by Licensee shall be [*] per DRAM TCC package. If, in a given calendar year, Licensee pays royalties at the Base DRAM Royalty Rate for a number of DRAM TCC packages equal to the average of (1) the number of DRAM TCC packages sold by the second largest manufacturer of DRAM in the previous year as determined by Gartner/Dataquest and (2) the number of 256 Mb unit equivalents sold by the second largest manufacturer in DRAM TCC packages in the previous year as determined by Gartner/Dataquest (hereafter, the average of these two numbers shall be referred to as “the Average”), then Licensee’s royalty pursuant to this Agreement for all further DRAM TCC Packages sold by Licensee in that year above and beyond the Average shall be [*] per package. If Gartner/Dataquest fails to provide the data necessary for calculating the Average set forth in the previous sentence, then Tessera shall identify an alternative third party source of such information, and Licensee shall not unreasonably withhold its agreement to use such alternative source instead of Gartner/Dataquest to calculate the average. If Hynix, Micron or Infineon, or the DRAM business of these companies, are acquired by another of these companies (or if a controlling interest of at least the DRAM portion one of these companies is acquired by another of these companies), then an agreement with the acquiring company to pay royalties for all DRAM Licensed Products that the acquiring company is shipping in volume shall satisfy the Second Triggering Event.

2. Non-DRAM TCC Packages .

a. Single-Chip Non-DRAM TCC packages. For each Non-DRAM TCC package sold by Licensee that includes no more than one IC device, Licensee shall pay Tessera a royalty based on the total number of IC Contacts to each IC device in the Licensed Product, as shown on the following schedule:

b. Multiple-chip Non-DRAM TCC packages . For Non-DRAM TCC packages sold by Licensee that include more than one IC device, the royalty shall be calculated by applying the royalty schedule set forth in Paragraph III.B.2.a to the IC device having the greatest number of IC Contacts, to the IC device having the second greatest number of IC Contacts, to the IC device having the third greatest number of IC Contacts, and to the IC device having the fourth greatest number of IC contacts to determine the Royalty Per IC device of each, provided, however, that the royalty for the IC device having the second greatest number of IC Contacts shall be no more than the lesser of the royalty amount per the royalty schedule or [*], the royalty for the IC device

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having the third greatest number of IC Contacts shall be no more than the lesser of the royalty amount per the royalty schedule or [*], and the royalty amount for the fourth IC device shall be no more than the lesser of the royalty amount per the royalty schedule or [*]. The royalty for any additional IC devices shall be [*]. Moreover, the royalty per package for Multiple-chip Non-DRAM TCC packages that contain at least one Logic Device shall be no more than the greater of (i) [*] per package or (ii) the royalty for the packaged IC device having the greatest number of IC contacts as determined by the royalty schedule set forth in Paragraph III.B.2.a. Further still, the royalty per package for Multiple-chip Non-DRAM TCC packages that do not contain a Logic Device shall be no more than the greater of [*] per package or the royalty for the packaged IC having the greatest number of IC contacts as determined by the royalty schedule set forth in Paragraph III.B.2.a.

C. All Products . If, in a given calendar year, beginning in calendar year 2005, Licensee pays Tessera [*] in royalties for TCC packages sold in a particular calendar year (“Annual Royalty Target”), then the royalty rate for both DRAM TCC packages and Non-DRAM TCC packages sold thereafter in that same calendar year shall be [*] per package. The Annual Royalty Target set forth in this paragraph III.C applies solely to the sales of TCC packages licensed pursuant to Paragraph II.A for each of the years 2005 through 2011 and for which royalties are paid directly by the Licensee to Tessera, and the Annual Royalty Target shall be applied pro rata for the year 2012. If Licensee acquires another company after the Effective Date, the Annual Royalty Target shall be adjusted upwards based on the annual sales of TCC Packages by the acquired company relative to the annual sales of TCC packages by Licensee prior to the acquisition.

D. Royalty Adjustments . In making the royalty payments due Tessera, Licensee may subtract from such royalty payments any preceding royalty payments for defective royalty bearing TCC packages that are returned to Licensee from Licensee’s customers (“Royalty Adjustment”). However, if at any time such defective TCC packages are resold by Licensee, Licensee shall pay a royalty to Tessera for such resold TCC packages, as set forth in the Agreement. Before a Royalty Adjustment can be so subtracted, Licensee must have originally paid a royalty on the particular returned Licensed Product. All Royalty Adjustments must be specified with the information set forth in Attachment B.

E. Most Favored Royalty . As of November 16, 2004, Tessera intends that any license agreement that Tessera enters into henceforth for TCC packages shall be on royalty rate terms no more favorable to such other licensee than the royalty terms for TCC packages set forth in this Agreement. Tessera further represents that it has no current license agreement with more favorable royalty terms for TCC packages when all elements of the royalty terms in such current license agreements are considered as a whole. The following shall not be deemed agreements subject to this Paragraph: (i) agreements between Tessera and Tessera Affiliates; and (ii) agreements with governmental or educational agencies with non-profitable nature. In the event that Tessera grants another license to any such TCC packages having better royalty terms than the corresponding royalty terms set forth in this Agreement, Tessera shall promptly notify Licensee of the royalty terms of such other license for any such particular defined product(s). Upon notice by Licensee that it wants to accept any such better royalty terms for such particular TCC package(s) provided no later than sixty (60) days from the date of Tessera’s notice, this Agreement shall be amended to substitute those royalty terms of such particular TCC package(s) selected by Licensee for the applicable royalty terms of this Agreement, provided that such amendment shall not affect

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Tessera’s rights with respect to royalties or other moneys accrued and/or paid prior to such amendment. “Royalty terms” as used in this paragraph means monetary consideration only.

Licensee shall have the right to examine and audit through a mutually satisfactory major international public accounting firm, not more frequently than once per year, relevant records of Tessera that contain information bearing upon Tessera’s compliance with this Paragraph; provided, that the accounting firm shall have agreed in advance in writing to maintain in confidence and not to disclose to Licensee or any third party any Tessera proprietary information or the proprietary information of third parties associated with any Tessera license agreement obtained during the course of such examination.

IV. Taxes:

Licensee agrees to make all commercially reasonable efforts to aid Tessera’s efforts to obtain a multi-year tax exemption for any payments due hereunder for all taxes levied against Tessera by the Government of Korea pursuant to this Agreement. After such initial tax exempt period (if any), Licensee shall withhold the amount of taxes levied by the Government of Korea on the royalty payments made by Licensee to Tessera. Licensee shall promptly provide Tessera with copies of bonafide tax certificates showing that such Tessera tax payments have been made by Licensee to the Government of Korea.

V. Licensee Reports and Payment:

A. Quarterly Royalty Payments . Beginning with the quarter annual period starting on January 1, 2005, royalties shall be calculated and paid in full in quarter annual payment periods ending March 31, June 30, September 30 and December 31 of each year. Beginning with the first such royalty payment and until the annual cumulative total of Licensee’s royalty payments and reports to Tessera equal or exceed the Annual Royalty Target, Licensee shall deliver a written report (as shown in Attachment B) within thirty (30) days from the last day of each quarter annual payment period describing (i) the basis upon and containing the information sufficient to determine the royalties due Tessera for the applicable payment period (by facsimile, with an original by mail courier), (ii) the purchases by Licensee of TCC packages from companies that are not Licensee Affiliate companies, and (iii) any Royalty Adjustments. After Licensee’s royalty payments to Tessera equal the Annual Royalty Target, Licensee shall deliver a written report (as shown in Attachment C) within thirty (30) days from the last day of each quarter annual payment period describing (i) the basis upon and containing the information sufficient to determine the royalties due Tessera for the applicable payment period (by facsimile, with an original by mail courier), (ii) the purchases by Licensee of TCC packages from companies that are not Licensee Affiliate companies, and (iii) any Royalty Adjustments. Tessera shall then invoice Licensee (by facsimile, with an original by mail courier) for any royalties due Tessera as set forth in each such Licensee written royalty report. Licensee shall then have thirty (30) days from first receipt of Tessera’s invoice to pay the royalties due under Tessera’s invoice. All payments under this Paragraph shall be made in US Dollars by wire transfer to Union Bank of California, 99 Almaden Blvd., San Jose, CA 95113, Account Name: Tessera, Account No.: 6450148359, Routing No. 122000496, International Swift Code: UBLAUS66, or such other bank or account as Tessera may from time to time designate in writing. The payments of royalties shall be considered to be made as of the day on which