SEMTECH CORPORATION CEO BONUS PLAN APPENDICES
Exhibit 10.2
SEMTECH CORPORATION
CEO BONUS PLAN
APPENDICES
| A. | OPERATING INCOME APPENDIX FOR FISCAL YEAR 2009 |
Adopted by the Compensation Committee on June 26, 2008
| FY2009 Operating Income as a Percentage of FY2008 Operating Income | Operating Income Performance Factor | ||
| 0 to 100% | 0 | % | |
| 105% | 80 | % | |
| 119% | 90 | % | |
| 133% | 100 | % | |
| 169% | 148 | % | |
| 250% or above | 250 | % |
For purposes of this Appendix, Operating Income for each fiscal year is as determined by the Committee in accordance with Exhibit A of the Plan.
| B. | TARGET LEVEL APPENDIX |
For Fiscal Year 2009, the CEO’s Target Level is 125% of the CEO’s annual base salary.
| C. | PEER GROUP APPENDIX FOR FISCAL YEAR 2009 |
The Peer Group for Fiscal Year 2009 shall be the following companies:
Analog Devices (ADI)
Linear Technology Corp. (LLTC)
Intersil Corp. (ISIL)
Maxim Integrated Products Inc. (MXIM)
Micrel Inc. (MCRL)
Microsemi Corp. (MSCC)
National Semiconductor Corp. (NSM)
Power Integrations Inc. (POWI)
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The Performance Relative to Peers Factor for Fiscal Year 2009 will be determined according to the following table:
| Company Revenue Growth Ranking, Relative to Peer Group | Company Earnings Per Share Growth Ranking, Relative to Peer Group | Performance Relative to Peers Factor | |||
| Below 50th percentile | Below 50th percentile | 0 | % | ||
| Below 50th percentile | At or above 50th percentile | 50 | % | ||
| At or above 50th percentile | Below 50th percentile | 50 | % | ||
| At or above 50th percentile, but less than 75th percentile | At or above 50th percentile, but less than 75th percentile | 100 | % | ||
| At or above 75th percentile | At or above 50th percentile, but less than 75th percentile | 150 | % | ||
| At or above 50th percentile, but less than 75th percentile | At or above 75th percentile | 150 | % | ||
| At or above 75th percentile | At or above 75th percentile | 200 | % |
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