Title: Vice President, Chief Financial Officer, Secretary and TreasurerAnnual Salary: $250,000Option Grant: 215,000 sharesVesting on Option Grant: 25% per year over 4-year periodSigning Bonus: $75,0002006 Bonus: Participates as VP, $62,500 guaranteedSeverance: 12 months salary plus benefits
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EX-10.1 2 v17892exv10w1.htm EXHIBIT 10.1 exv10w1
Exhibit 10.1
Pixelworks, Inc.
Summary of Terms of Employment
Summary of Terms of Employment
Title: | Vice President, Chief Financial Officer, Secretary and Treasurer | |
Annual Salary: | $250,000 | |
Option Grant: | 215,000 shares | |
Vesting on Option Grant: | 25% per year over 4-year period | |
Signing Bonus: | $75,000 | |
2006 Bonus: | Participates as VP, $62,500 guaranteed | |
Severance: | 12 months salary plus benefits |