2005 Executive Bonus Summary Agreement – Centillium Communications, Inc.
Centillium Communications, Inc.'s Board of Directors approved bonuses for its executive officers based on the company's 2005 performance, including revenue, earnings, and key corporate initiatives. The bonuses, awarded to the CEO, CFO, Vice President of Sales, and Senior Vice President & General Manager, are contingent upon the successful completion of the company's 2005 financial audit by independent auditors.
EXHIBIT 10.49
2005 EXECUTIVE BONUS SUMMARY
On March 10, 2006, the Board of Directors of Centillium Communications, Inc. (the "Registrant") approved bonuses for the executive officers of Centillium. The bonuses were based on the achievement of certain revenue, earnings and key corporate initiatives. These bonuses are subject to the completion of the 2005 audit of the Registrant's financials by the Registrant's independent auditors. The bonuses are as follows:
| Faraj Aalaei | $336,222.00 | |
| Scott Kamsler | $114,316.00 | |
| Wayne Gartin | $135,354.00 | |
| Jitesh Vadhia | $ 84,262.00 (new hire April 2005) |
