Integrated Mixed Signal Products (56.2% of 2004 revenue)
EX-10.31 7 v06073exv10w31.txt EXHIBIT 10.31 EXHIBIT 10.31 Terms of Compensation Name: Jon Stoner Title: Senior Vice President and Chief Technical Officer Base Salary: $200,000, increased to $210,000 on February 1, 2005 Bonus Plan: Eligible for participation in the company's Key Manager Incentive Program with a target payout at 50% of base salary and a maximum payout of 150% of base salary Stock Options: 50,000 shares, with an exercise price = fair market value on grant date, vesting 1/4 on the first anniversary of the grant date and an additional 1/48 monthly thereafter Health Benefits: eligible for group insurance program consisting of a hospital, surgical, major medical, life, dependent life, accidental death insurance and dental plan, and an annual executive physical 401K: company match of 50% of the employee's first 6% contribution, not to exceed 50% of the 402(g) limit