April 21, 2005 Armando Pereira Re: Employment Transition and Separation Agreement Dear Armando:Centillium Communications Inc • May 11th, 2005 • Telephone & telegraph apparatus
Company FiledMay 11th, 2005 IndustryThis letter sets forth the terms of the employment transition and separation agreement Centillium Communications, Inc. (“Centillium” or the “Company”) is offering to you to assist in your employment transition with the Company (this letter referred to as the “Agreement”). This letter also informs you that for business reasons, your position as Vice President and General Manager, Optical Business Unit has been eliminated, effective immediately, and that you no longer serve in that position. You may accept the offer in this letter by signing and returning this Agreement to the Company as provided below.