Automatic Annual Additions to Microsemi Corporation 1987 Stock Plan (2005–2007)
This document outlines the annual increases in the number of shares available for awards under the Microsemi Corporation 1987 Stock Plan, as amended. For the fiscal years 2005, 2006, and 2007, the plan's share pool was increased by specific amounts at the start of each year, in accordance with the plan's terms. The document lists the exact number of additional shares for each year, ensuring transparency in the administration of the stock plan.
Exhibit 10.13.2
Automatic Annual Additions
Microsemi Corporation 1987 Stock Plan, as amended
2005, 2006 & 2007
The number of shares of Microsemi Stock available for awards under the Microsemi Corporation 1987 Stock Plan, as amended (the 1987 Plan) has increased incrementally pursuant to the 1987 Plans terms at the beginning of each of the Companys respective fiscal years listed below:
Fiscal Year | Increase (in shares) | |
2005 | 2,393,184 | |
2006 | 2,540,148 | |
2007 | 2,870,087 |