Applied Materials Senior Executive Officer Salary Adjustments Effective December 19, 2005
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Summary
Applied Materials, Inc.'s Human Resources and Compensation Committee approved new annual base salaries for its senior executive officers, effective December 19, 2005. The agreement lists the updated salaries for six executives, with increases for Franz Janker, Nancy H. Handel, and Farhad Moghadam, while the salaries for Michael R. Splinter, Mark R. Pinto, and Thomas St. Dennis remain unchanged. This adjustment formalizes the compensation terms for these officers for the upcoming year.
EX-10.49 2 f17841exv10w49.htm EXHIBIT 10.49 exv10w49
Exhibit 10.49
Adjustments to Senior Executive Officer Salaries
On December 13, 2005, the Human Resources and Compensation Committee of the Board of Directors of Applied Materials, Inc. (“Applied”) approved the annual base salaries for Applied’s senior executive officers. The indicated salaries are effective December 19, 2005. The salaries for Franz Janker, Nancy H. Handel and Farhad Moghadam have increased from the prior level; the salaries for Michael R. Splinter, Mark R. Pinto and Thomas St. Dennis have not changed. The salaries are as follows:
| Executive Officer | Salary | |||
Michael R. Splinter | $ | 945,000 | ||
Franz Janker | $ | 500,000 | ||
Nancy H. Handel | $ | 440,000 | ||
Farhad Moghadam | $ | 475,000 | ||
Mark R. Pinto | $ | 416,160 | ||
Thomas St. Dennis | $ | 450,000 | ||
