Arrangement with Anthony E. Giraudo

EX-10.2 3 dex102.htm ARRANGEMENT WITH ANTHONY E. GIRAUDO Arrangement with Anthony E. Giraudo

Exhibit 10.2

 

Arrangement with Anthony E. Giraudo

 

As an inducement for Mr. Giraudo to join Semtech Corporation as Chief Operating Officer, the Company made a one-time contribution in the amount of $30,000 to his account in the Semtech Executive Compensation Plan, which is a deferred compensation plan. This contribution will vest in four equal annual installments beginning in May 2005, or earlier upon death or disability.