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Exhibit 10.56
Adjustments to Executive Officer Salaries
On December 10, 2007, the Human Resources and Compensation Committee of the Board of Directors of Applied Materials, Inc. (“Applied”) approved the following annual base salaries for Applied’s named executive officers, effective December 17, 2007:
Executive Officer | Salary | |||
Michael R. Splinter, President, Chief Executive Officer | $ | 980,000 | ||
George S. Davis, Senior Vice President, Chief Financial Officer | $ | 513,000 | ||
Franz Janker, Executive Vice President, Sales and Marketing | $ | 594,000 | ||
Manfred Kerschbaum, Senior Vice President, General Manager Applied Global Services | $ | 504,400 | ||
Mark R. Pinto, Senior Vice President, Chief Technology Officer and General Manager Energy and Environmental Solutions | $ | 550,000 | ||
Thomas St. Dennis, Senior Vice President, General Manager Silicon Systems Group | $ | 514,100 |
Each salary shown above represents an increase from the prior level.