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Exhibit 10.11
Microsemi Corporation
Summary of Compensation Arrangements for Named Executive Officers
Base Salaries. The current annual base salaries for the named executive officers of Microsemi Corporation (the “Company”) are as follows:
| Name | Job Title | Base Salary | ||||
| James J. Peterson | Chairman of the Board and Chief Executive Officer | $ | 805,000 | |||
| Paul H. Pickle | President and Chief Operating Officer | $ | 440,000 | |||
| John W. Hohener | Executive Vice President, Chief Financial Officer, Secretary and Treasurer | $ | 407,000 | |||
| Steven G. Litchfield | Executive Vice President, Chief Strategy Officer | $ | 400,000 | |||
| David Goren | Senior Vice President of Business Affairs, Legal and Compliance | $ | 365,000 | |||
Additional Compensation. In addition to the base salaries noted in the table above, the named executive officers are also entitled to participate in various Company plans, and are subject to other written agreements, in each case as set forth in exhibits to the Company's filings with the Securities and Exchange Commission. In addition, the named executive officers also receive certain perquisites and other personal benefits as disclosed in the Company's annual proxy statement.