Volterra Semiconductor Corporation – February 4, 2013 Dear Thomas: (March 6th, 2013)
This letter sets forth the terms of the separation agreement (the Agreement) that Volterra Semiconductor Corporation (the Company) is offering to you in connection with your separation from the Company.
Volterra Semiconductor Corporation – Executive Officer Cash Compensation (January 25th, 2013)
On January 18, 2013, the Compensation Committee of the Board of Directors of Volterra Semiconductor Corporation (the Company) approved an increase to the 2013 base salary of Dr. Craig Teuscher, the Companys Chief Operating Officer. Dr. Teuscher was recently appointed as Chief Operating Officer on January 7, 2013, but no changes were made to his compensation at time of his appointment. Dr. Teuschers base salary increased to $300,000 per year, in light of his expanded duties and increased responsibilities that accompany his new position. Base salaries for Mr. Jeff Staszak, President and Chief Executive Officer, Mr. Mike Burns, Senior Vice President and Chief Financial Officer, Mr. Bill Numann, Senior Vice President, Server and Storage and Communications Product Groups, and Dr. Tom Truman, Vice President, World Wide Sales, remained unchanged from their 2012 levels, as previously reported on the Companys prior Current Reports on Form 8-K.
Volterra Semiconductor Corporation – August 25, 2004 Thomas E. Truman Dear Thomas, (March 8th, 2011)
Congratulations! On behalf of Volterra, I am pleased to offer you the position of Business Development Manager and Strategic Account Manager reporting to Craig Teuscher.