Memorandum defining special compensation paid to Maury Austin, CFO
Contract Categories:
Human Resources
- Compensation Agreements
EX-10.2 2 exh102.htm MEMORANDUM exh102.htm
Exhibit 10.2
Date: October 8, 2008
To: Maury Austin
From: John Bourgoin and Ken Coleman
This is to confirm that MIPS is enhancing your fiscal year 2009 Performance-Based Bonus Plan for Executives to include a guarantee of a bonus “floor” of 20% of your salary to be paid at the normal time for bonus payouts and subject to your being employed by the company at the time of payout, typically in August after the completion of the fiscal year.
