Mindspeed Technologies, Inc. Employment Agreements with Executive Officers

Contract Categories: Human Resources › Employment Agreements
Summary

Mindspeed Technologies, Inc. has entered into employment agreements with several executives, including Simon Biddiscombe, Ron Cates, Jay E. Cormier, Raouf Y. Halim, Gerald J. Hamilton, Thomas J. Medrek, Wayne K. Nesbit, and Thomas A. Stites. These agreements are substantially identical to a previously filed form, except that the severance multiple for Mr. Halim is three, while for the others it is two. The agreements outline the terms of employment and severance for these executives.

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EX-10.3 3 a32543exv10w3.htm EXHIBIT 10.3 Exhibit 10.3  

EXHIBIT 10.3
Mindspeed Technologies, Inc. (the “Company”) has entered into an agreement with each of the following persons, which is substantially identical, except as set forth below, to the Form of Employment Agreement filed as Exhibit 10.8.1 to the Company’s Registration Statement on Form 10 (File No. 1-31650):
Simon Biddiscombe
Ron Cates
Jay E. Cormier
Raouf Y. Halim
Gerald J. Hamilton
Thomas J. Medrek
Wayne K. Nesbit
Thomas A. Stites
The multiple set forth in Section 6(i)(B) of the Employment Agreement for Mr. Halim is three and the multiple set forth in Section 6(i)(B) of the Employment Agreement for the other persons is two.