Employment Agreements between Mindspeed Technologies, Inc. and Named Executives
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Employment Agreements
Summary
Mindspeed Technologies, Inc. has entered into employment agreements with several executives, including Najabat H. Bajwa, Kurt F. Busch, Jing Cao, Raouf Y. Halim, Gerald J. Hamilton, Bret W. Johnsen, Anil S. Mankar, and Thomas J. Medrek. These agreements outline the terms of employment and severance, with a key difference being the severance multiple: Mr. Halim receives a multiple of three, while the others receive a multiple of two. The agreements are otherwise substantially identical and are based on a standard form previously filed by the company.
EX-10.13 3 a57890exv10w13.htm EX-10.13 exv10w13
EXHIBIT 10.13
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 10.12 to this Annual Report on Form 10-K.
Najabat H. Bajwa
Kurt F. Busch
Jing Cao
Raouf Y. Halim
Gerald J. Hamilton
Bret W. Johnsen
Anil S. Mankar
Thomas J. Medrek
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.
