Common use of TRANSITION COMMENCEMENT DATE Clause in Contracts

TRANSITION COMMENCEMENT DATE. As of << Transition Commencement Date>> (the "Transition Commencement Date"), Executive will no longer hold the position of Senior Vice President and General Counsel and will be relieved of all of Executive's authority and responsibilities in that position. Executive will be paid all accrued salary for his services as Senior Vice President and General Counsel to the Transition Commencement Date by not later than the following regular payroll date. Following the Transition Commencement Date, Executive will no longer participate in Cadence's medical, dental, and vision insurance plans (unless Executive elects to continue coverage pursuant to COBRA), and will not be eligible for a bonus for any services rendered after that date.

TRANSITION COMMENCEMENT DATE. As of << Transition Commencement Date>> (the "Transition Commencement Date"), Executive will no longer hold the position of Senior Executive Vice President and General Counsel President, Worldwide Field Operations and will be relieved of all of Executive's authority and responsibilities in that position. Executive will be paid all accrued salary for his services as Senior Executive Vice President and General Counsel President, Worldwide Field Operations to the Transition Commencement Date by not later than the following regular payroll date. Following the Transition Commencement Date, Executive will no longer participate in Cadence's medical, dental, and vision insurance plans (unless Executive elects to continue coverage pursuant to COBRA), and will not be eligible for a bonus for any services rendered after that date.

TRANSITION COMMENCEMENT DATE. As of << <Transition Commencement Date>> (the "“Transition Commencement Date"”), Executive will no longer hold the position of Senior Executive Vice President President, Products and General Counsel Technologies Organization and will be relieved of all of Executive's ’s authority and responsibilities in that position. Executive will be paid all accrued salary for his services as Senior Executive Vice President President, Products and General Counsel Technologies Organization to the Transition Commencement Date by not later than the following regular payroll date. Following the Transition Commencement Date, Executive will no longer participate in Cadence's ’s medical, dental, and vision insurance plans (unless Executive elects to continue coverage pursuant to COBRA), and will not be eligible for a bonus for any services rendered after that date.

TRANSITION COMMENCEMENT DATE. As of << November 30, 2007, (the “Transition Commencement Date>> (the "Transition Commencement Date"”), Executive will no longer hold the position of Senior Executive Vice President and General Counsel Manager, Verification Division, and will be relieved of all of Executive's ’s authority and responsibilities in that position. Executive will be paid all accrued salary for his services as Senior Executive Vice President and General Counsel Manager, Verification Division, to the Transition Commencement Date by not later than the following regular payroll date. Following the Transition Commencement Date, Executive will no longer participate in Cadence's ’s medical, dental, and vision insurance plans (unless Executive elects to continue coverage pursuant to COBRA), and will not be eligible for a bonus for any services rendered after that date.