Common Contracts
4 similar Employment Agreement contracts by Exar Corp
EX-99.(D)(5) 2 dex99d5.htm EMPLOYMENT LETTER AGREEMENT BETWEEN EXAR AND DOUGLAS L. WHITING Exhibit (d)(5) February 23, 2009 Dr. Douglas L. Whiting Carlsbad, CA 92009 Dear Dr. Whiting:Employment Agreement • May 5th, 2020 • California
As you know, Exar Corporation (“Exar”) and your employer, hi/fn, inc. (the “Company”), intend to enter into an Agreement and Plan of Merger (the “Merger Agreement”), pursuant to which the Company will (subject to the satisfaction of the terms and conditions of the Merger Agreement) become a wholly-owned subsidiary of Exar. The terms of this letter agreement, including your acceptance, are contingent upon the occurrence of the Closing (as defined in the Merger Agreement) and become effective at the Effective Time (as defined in the Merger Agreement). We are pleased to offer you a part-time position with Exar as Vice President, reporting to George Apostol, Chief Technology Officer. Your starting annual salary will be $100,000 paid bi-weekly in accordance with Exar’s standard payroll practices.
February 23, 2009 Dr. Douglas L. WhitingEmployment Agreement • March 5th, 2009 • Exar Corp • Semiconductors & related devices
February 23, 2009 Mr. John Matze 18060 Old Coach Dr. Poway, CA 92064 Dear Mr. Matze:Employment Agreement • March 5th, 2009 • Exar Corp • Semiconductors & related devices
As you know, Exar Corporation (“Exar”) and your employer, hi/fn, inc. (the “Company”), intend to enter into an Agreement and Plan of Merger (the “Merger Agreement”), pursuant to which the Company will (subject to the satisfaction of the terms and conditions of the Merger Agreement) become a wholly-owned subsidiary of Exar. The terms of this letter agreement, including your acceptance, are contingent upon the occurrence of the Closing (as defined in the Merger Agreement) and become effective at the Effective Time (as defined in the Merger Agreement). We are pleased to offer you a position with Exar as Vice President, reporting to Paul Pickering, Senior Vice President of Marketing. Your starting annual salary will be $235,000 paid bi-weekly in accordance with Exar’s standard payroll practices.
February 23, 2009 Dr. Jiebing WangEmployment Agreement • March 5th, 2009 • Exar Corp • Semiconductors & related devices
