Summary of Compensation Arrangements for Named Executive Officers of Microsemi Corporation
This document outlines the annual base salaries for the named executive officers of Microsemi Corporation, listing specific amounts for each officer. In addition to their base salaries, these executives are eligible to participate in various company benefit plans and are subject to other written agreements, as referenced in the company's SEC filings. They also receive certain additional benefits and perquisites, as detailed in the company's annual proxy statement.
EXHIBIT 10.13
MICROSEMI CORPORATION
Summary of Compensation Arrangements for Named Executive Officers
Base Salaries. The current annual base salaries for the named executive officers of Microsemi Corporation (the “Company”) are as follows:
| Name | Job Title | Salary | ||||
| James J. Peterson | President and Chief Executive Officer | $ | 700,000 | |||
| Ralph Brandi | Executive Vice President, Chief Operating Officer | $ | 462,440 | |||
| John W. Hohener | Executive Vice President, Chief Financial Officer, Secretary and Treasurer | $ | 380,600 | |||
| Steven G. Litchfield | Executive Vice President, Chief Strategy Officer | $ | 336,380 | |||
| John M. Holtrust | Senior Vice President of Human Resources | $ | 300,300 | |||
Additional Compensation . In addition to the base salaries noted in the table above, the named executive officers are also entitled to participate in various Company plans, and are subject to other written agreements, in each case as set forth in exhibits to the Company’s filings with the Securities and Exchange Commission. In addition, the named executive officers also receive certain perquisites and other personal benefits as disclosed in the Company’s annual proxy statement.
