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These excerpts taken from the DSPG 10-K filed Mar 13, 2009. Employee benefit plan The Company has a 401(K) deferred compensation plan covering all employees in the U.S. All eligible employees may elect to contribute up to 75% of their compensation to the plan through salary deferrals, subject to IRS limits. The maximum deferral for calendar year 2008 was $15.5 ($20.5 if the employee reached the age of 50 by December 31, 2008). The Company currently offers an employer matching program. This matching contribution currently is 25% of the employee contribution up to a maximum of 1% of the employee’s compensation per year. This matching contribution vests 25% per year over the first four years of the employee’s service to the Company. Employee benefit plan
The Company and its subsidiaries Product sales are recognized in accordance with SEC Staff Accounting Bulletin No. 104, “Revenue Recognition” (“SAB through”) based upon receipt of reports from the distributors, provided all other revenue recognition criteria are met. These excerpts taken from the DSPG 10-K filed Mar 17, 2008. Employee benefit plan The Company has a 401(K) deferred compensation plan covering all employees in the U.S. All eligible employees may elect to contribute up to 75% of their compensation to the plan through salary deferrals, subject to IRS limits. The maximum deferral for calendar year 2007 was $ 15.5 ($ 20.5 if the employee reached the age of 50 by December 31, 2007). The Company currently offers an employer matching program. This matching contribution currently is 25% of the employee contribution up to a maximum of 1% of the employee’s compensation per year. This matching contribution vests 25% per year over the first four years of the employee’s service to the Company. Employee benefit plan
The Company and its subsidiaries Product sales are recognized in accordance with SEC Staff Accounting Bulletin No. 104, “Revenue Recognition” through”) based upon receipt of reports from the distributors, provided all other revenue recognition criteria are met. The Company This excerpt taken from the DSPG 10-K filed Mar 16, 2007. Employee benefit plan The Company has a 401(K) deferred compensation plan covering all employees in the U.S. All eligible employees may elect to contribute up to 75% of their compensation to the plan through salary deferrals, subject to IRS limits. The maximum deferral for calendar year 2006 was $15 ($20, if the employee reached the age of 50 by December 31, 2006). The Company currently offers an employer matching program. This matching contribution currently is 25% of the employee contribution up to a maximum of 1% of the employee’s compensation per year. This matching contribution vests 25% per year over the first four years of the employee’s service to the Company. This excerpt taken from the DSPG 10-K filed Mar 15, 2006. Employee benefit plan The Company has a 401(k) deferred compensation plan covering all employees in the U.S. All eligible employees may elect to contribute up to 75% of their compensation to the plan through salary deferrals, subject to IRS limits. The maximum deferral for calendar year 2005 was $14 ($18 if the employee reached the age of 50 by December 31, 2005). The Company currently offers an employer matching program. This matching contribution currently is 25% of the employee contribution up to a maximum of 1% of the employee’s compensation per year. This matching contribution vests 25% per year over the first 4 years of the employee’s service to the Company. | EXCERPTS ON THIS PAGE:
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