2005 Executive Bonus Summary

Contract Categories: Human Resources - Bonus & Incentive Agreements
EX-10.49 3 exh10-49.htm BONUS SUMMARY 10-K 2005 Exhibit 10.49

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
Chief Executive Officer

  

$336,222.00

Scott Kamsler
Chief Financial Officer

  

$114,316.00

Wayne Gartin
Vice President, Sales

  

$135,354.00

Jitesh Vadhia
Senior Vice President &
General Manager

  

$ 84,262.00 (new hire April 2005)