Summary of Compensatory Arrangements for Certain Officers of RadiSys Corporation
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Summary
RadiSys Corporation's board compensation committee approved new annual base salaries and target bonuses for its named executive officers, effective April 1, 2010. The officers include the President and CEO, CFO, and several Vice Presidents. The agreement outlines each officer's new base salary and target bonus amount for the year. This arrangement sets the compensation terms for these executives but does not specify additional conditions or time limits beyond the effective date.
EX-10.1 2 exhibit101.htm SUMMARY OF COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS WebFilings | EDGAR view
Exhibit 10.1
COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
The compensation committee of the board of directors of RadiSys Corporation approved annual base salaries and target bonuses for the following "named executive officers" (as defined by Item 402(a)(3) of Regulation S-K), effective as of April 1, 2010:
| Executive Officer | | New Base Salary | | Target Bonus | ||||
| Scott Grout - President and Chief Executive Officer | | $ | 476,736 | | | $ | 444,920 | |
| Brian Bronson - Chief Financial Officer | | $ | 298,835 | | | $ | 215,460 | |
| Anthony Ambrose - VP & General Manager of Communications Networks | | $ | 265,000 | | | $ | 168,000 | |
| Christian Lepiane - VP Worldwide Sales | | $ | 260,632 | | | $ | 172,330 | |
| John Major - VP Global Operations | | $ | 260,000 | | | $ | 170,000 | |
