Schedule of Executive Officer Compensation for Magma Design Automation, Inc. (FY 2006)
This document lists the annual base salaries for certain executive officers of Magma Design Automation, Inc. for the fiscal year ending April 2, 2006. It includes the names, titles, and salaries of key executives, such as the CEO, President, and various Vice Presidents. The compensation details are part of a broader arrangement referenced in a separate exhibit. One executive, Hamid Savoj, ended employment during the fiscal year.
Exhibit 10.27(b)
MAGMA DESIGN AUTOMATION, INC.
Schedule of Certain Executive Officers for the Summary of Compensation Arrangement set forth in Exhibit 10.27(a)
The compensation arrangements for the below listed executives are set forth in Exhibit 10.27(a).
| Name | Title | Annualized Base Salary For Fiscal Year ended April 2nd, 2006 | ||
| Rajeev Madhavan | Chief Executive Officer and Chairman of the Board | $420,000 | ||
| Roy E. Jewell | President and Chief Operating Officer and Director | $420,000 | ||
| Gregory C. Walker | Formerly Senior Vice President, Finance and Chief Financial Officer and Currently Vice President, Planning and Administration | $330,000 | ||
| Hamid Savoj* | Formerly Senior Vice President, Product Development | $315,000 | ||
| Saeid Ghafouri | Corporate Vice President, Worldwide Field Operations | $300,000 | ||
| David Stanley | Corporate Vice President, Corporate Affairs | $270,000 | ||
| * | Savoj ended employment with Magma during FY2006 |
