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, including the President and CEO, COO, CFO, and other senior executives. In addition to their base salaries, these officers are eligible to participate in various company benefit plans and receive additional perquisites and personal benefits as disclosed in other company filings. The agreement summarizes compensation terms but refers to other documents for further details on benefits and additional compensation.
EXHIBIT 10.15
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 | $ | 600,000 | ||
| Ralph Brandi | Executive Vice President, Chief Operating Officer | $ | 399,640 | ||
| John W. Hohener | Vice President, Chief Financial Officer and Secretary | $ | 300,000 | ||
| Steven G. Litchfield | Executive Vice President and President — Analog Mixed Signal | $ | 290,640 | ||
| James H. Gentile | Senior Vice President of Worldwide Sales | $ | 228,360 | ||
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.
