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 Najabat H. Bajwa, Kurt Busch, Jing Cao, Ron Cates, Raouf Y. Halim, Gerald J. Hamilton, Thomas J. Medrek, Thomas O. Morton, Thomas A. Stites, and Preetinder S. Virk. These agreements outline the terms of employment, with a specific provision in Section 6(i)(B) that sets a severance multiple of three for Mr. Halim and two for the other executives. The agreements are otherwise substantially identical to a previously filed form agreement.

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EX-10.1 2 a08-12236_1ex10d1.htm EX-10.1

EXHIBIT 10.1

 

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):

 

Najabat H. Bajwa

 

Kurt Busch

 

Jing Cao

 

Ron Cates

 

 Raouf Y. Halim

 

Gerald J. Hamilton

 

Thomas J. Medrek

 

Thomas O. Morton

 

Thomas A. Stites

 

Preetinder S. Virk

 

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.