Summary of Compensation Arrangements for Certain Officers of RadiSys Corporation
RadiSys Corporation's board compensation committee approved new annual base salaries and target bonuses for its named executive officers, effective April 1, 2008. The officers affected are Scott Grout (President and CEO), Brian Bronson (CFO), Julia Harper (VP Corporate Operations), and Christian Lepiane (VP Worldwide Sales). The agreement outlines each officer's new salary and bonus targets, formalizing their compensation terms for the upcoming period.
Exhibit 10.2
Compensatory Arrangements of Certain Officers
In February 2008, the compensation committee of the board of directors of RadiSys Corporation approved increases in 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, 2008:
Executive Officer | New Base Salary | Target Bonus | ||||
Scott Grout - President and Chief Executive Officer | $ | 476,736 | $ | 361,920 | ||
Brian Bronson - Chief Financial Officer | $ | 293,035 | $ | 161,160 | ||
Julia Harper - VP Corporate Operations | $ | 254,616 | $ | 166,400 | ||
Christian Lepiane - VP Worldwide Sales | $ | 255,632 | $ | 162,330 |