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

EX-10.1 2 v17892exv10w1.htm EXHIBIT 10.1 exv10w1
 

Exhibit 10.1
Pixelworks, Inc.
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