May 9, 2005 Tony Shakib Re: Employment Transition and Separation Agreement Dear Tony:Centillium Communications Inc • May 16th, 2005 • Telephone & telegraph apparatus
This 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, Access & Networking 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.
