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Content analysis
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Uncertain | ||
Constraining | ||
Legalese | ||
Litigous | ||
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8th grade Good
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- 10-K Annual report
- 10.23 Amendment to Severance Agreement
- 10.25 Amendment to Change In Control Severance Agreement
- 10.30 Separation Agreement and General Release of Claims
- 10.31 Fee-for-service Letter Agreement with Arrow Electronics Incorporated
- 10.32 Letter Amendment to Fee-for-service Letter Agreement
- 10.33 Distribution Agreement
- 10.34 Inventory Advances Arrangement Letter Agreement
- 13.1 Selected Consolidated Financial Data from the Annual Report to Stockholders
- 21.1 Subsidiaries of the Registrant
- 23.1 Consent of Pricewaterhousecoopers LLP
- 31.1 Certification of CEO Pursuant to Section 302
- 31.2 Certification of CFO Pursuant to Section 302
- 32.1 Certification of CEO Pursuant to Section 906
- 32.2 Certification of CFO Pursuant to Section 906
Exhibit 10.23
ALTERA CORPORATION
AMENDMENT TO SEVERANCE AGREEMENT
FOR JOHN DAANE
Effective May 12, 2004, Section 3 of the Severance Agreement entered into between Altera Corporation and John Daane on November 30, 2000, is hereby amended and replaced in its entirety as follows:
3.Severance Package. In the event Executive is entitled to the Severance Package pursuant to Section 2, above, it shall be payable within thirty days of Executive’s termination. The Severance Package shall consist of (i) payment equivalent to two year’s of Executive’s then-current base salary, and (ii) one year of accelerated stock vesting, which applies to all Executive’s restricted stock and option grants. Executive shall have one (1) year from the date of termination to exercise any stock options for which vesting is accelerated pursuant to subsection (ii).
All other terms and conditions of the Severance Agreement remain unchanged.
IN WITNESS WHEREOF, the Parties have executed this Amendment on the respective dates set forth below.
JOHN DAANE | ALTERA CORPORATION | |||||
/s/ John Daane | By: | /s/ William E. Terry | ||||
William E. Terry | ||||||
Chairman, Compensation Committee | ||||||
Date: | ______________ | Date: | ______________ |