Compensatory Arrangements of Certain Officers
Exhibit 10.35
Compensatory Arrangements of Certain Officers
In May, 2007, the compensation committee (the Committee) of the board of directors of RadiSys Corporation (the Company) approved increases in annual base salaries and target bonuses of the following named executive officers (as defined by Item 402(a)(3) of Regulation S-K), effective as of July 2, 2007:
Executive Officer | New Base Salary | Target Bonus | ||||
Scott Grout - President and Chief Executive Officer | $ | 458,400 | $ | 348,000 | ||
Brian Bronson - Chief Financial Officer | $ | 284,500 | $ | 134,300 | ||
Julia Harper - VP Corporate Operations | $ | 247,200 | $ | 166,400 | ||
Christian Lepiane - VP Worldwide Sales | $ | 245,800 | $ | 154,600 |
The Committee also approved the payment of special bonuses to a group of selected employees, including a bonus in the amount of $25,000 to Mr. Lepiane, in recognition of their contributions to the progress in the integration of the media server business of Convedia Corporation into the operations of the Company.