Schedule of Executive Officer Compensation for Magma Design Automation, Inc. (2008)

Contract Categories: Human Resources › Compensation Agreements
Summary

This document lists the annual base salaries and target bonus percentages for certain executive officers of Magma Design Automation, Inc. for the 2008 fiscal year. The executives named include the CEO, President/COO, and several Vice Presidents. Their compensation arrangements, including salary and bonus targets, are detailed in a separate exhibit. This schedule serves as a summary reference for those arrangements.

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EX-10.16(B) 6 dex1016b.htm SCHEDULE OF CERTAIN EXECUTIVE OFFICERS Schedule of Certain Executive Officers

EXHIBIT 10.16(b)

MAGMA DESIGN AUTOMATION, INC.

Schedule of Certain Executive Officers for the Summary of Compensation Arrangement set forth in Exhibit 10.16(a)

The compensation arrangements for the below listed executives are set forth in Exhibit 10.16(a).

 

Name

   

Title

    Annualized Base
Salary For
Fiscal Year 2008		    Target
Bonus
Percentage		  

Rajeev Madhavan

    Chief Executive Officer and Chairman of the Board    $ 475,000    90 %

Roy E. Jewell

    President and Chief Operating Officer and Director    $ 475,000    90 %

Bruce Eastman

    Corporate Vice President, Worldwide Sales    $ 300,000    100 %

Peter S. Teshima

    Corporate Vice President-Finance and Chief Financial Officer    $ 300,000    60 %

David H. Stanley

    Corporate Vice President, Corporate Affairs & Secretary    $ 290,000    60 %