Current assets

Exhibit 10.1

2009 Executive Officer Salaries

     As disclosed in the Form 8-K (No. 001-33435) filed with the Securities and Exchange Commission on January 12, 2009, as part of Cavium Networks, Inc.’s (the “Company”) overall cost reduction efforts in response to current global economic conditions, on January 8, 2009, the Company’s Compensation Committee approved management-recommended reductions in the base salaries of the Company’s President and Chief Executive Officer, Vice President of Finance and Administration and Chief Financial Officer, Vice President of IC Engineering, Vice President and General Manager of Networking and Communications Division, and Vice President and General Manager of Broadband Consumer Division, effective January 1, 2009. Consequently, the salaries for the Company’s executive officers in 2009, as compared to 2008, are as follows:

												% of Salary
												Reduction
				2008 Salary				2009 Salary				from April
				(effective April 1,				(effective January				2008 to
Name		Title		2008)				1, 2009)				January 2009(1)
Syed B. Ali		President and Chief Executive Officer		$	295,000			$	147,000				50	%
Arthur D. Chadwick		Vice President of Finance and Administration, Chief Financial Officer and Secretary		$	240,000			$	180,000				25	%
Anil K. Jain		Corporate Vice President, IC Engineering		$	240,000			$	180,000				25	%
Rajiv Khemani		Vice President and General Manager of Networking and Communications Division		$	275,000			$	206,250				25	%
Sandeep Vij		Vice President and General Manager of Broadband and Consumer Division		$	274,992			$	206,244				25	%